Company Parag Milk Foods Limited NSE India S.E.

Equities

PARAGMILK

INE883N01014

Food Processing

Market Closed - NSE India S.E. 07:43:48 2024-04-26 am EDT 5-day change 1st Jan Change
214 INR -0.65% Intraday chart for Parag Milk Foods Limited +1.52% -7.90%

Business Summary

Parag Milk Foods Limited is an India-based dairy fast-moving consumer goods (FMCG) company. The Company operates its manufacturing facilities with in-house technology located at Manchar in Maharashtra; Palamaner in Andhra Pradesh, and Sonipat in Haryana. The Company's product portfolio includes ghee, fresh milk, skim milk powder, whole milk powder, paneer, an array of processed and natural cheese, cheese spreads, butter, dahi, dairy whitener and gulab jamun mix. Its brands include Gowardhan, under which it offers traditional dairy products, such as ghee, dahi, and paneer; Go, under which it offers products, such as cheese, UHT milk, buttermilk, lassi, and yoghurt; Pride of Cows, under which premium quality milk is sold and Topp Up, which is a flavored milk with extra proteins that is available in six Indian flavors, namely elaichi, mango, rose, strawberry, pista, and butterscotch. Bhagyalaxmi Dairy Farms Private Limited is the Company's subsidiary.

Number of employees: 1,716

Sales per Business

INR in Million2022Weight2023Weight Delta
Ghee
30.8 %
- - 8,915 30.8 % -
Cheese
23.9 %
- - 6,919 23.9 % -
Skimmed Milk Powder
17.8 %
- - 5,160 17.8 % -
Liquid Milk
11.1 %
- - 3,214 11.1 % -
Whey Powder
6.1 %
- - 1,776 6.1 % -
Dahi
3.3 %
- - 942 3.3 % -
Other Consumer Products
2.9 %
- - 836 2.9 % -
Paneer
2.5 %
- - 715 2.5 % -
Package Scheme of Incentive
0.8 %
167 0.8 % 240 0.8 % +44.10%
Processing Charges
0.2 %
117 0.6 % 62 0.2 % -47.08%
Production Linked Incentive
0.2 %
- - 59 0.2 % -
Compost Manure
0.1 %
31 0.1 % 31 0.1 % +1.72%
Cattle Feed
0.1 %
66 0.3 % 29 0.1 % -55.69%
Scrap Sale
0.1 %
8 0.0 % 17 0.1 % +121.10%
Bio-Gas Subsidy
0.0 %
- - 10 0.0 % -
Export Benefits and Incentives
0.0 %
0 0.0 % 1 0.0 % +284.00%

Sales per region

INR in Million2022Weight2023Weight Delta
India
98.9 %
20,427 98.6 % 28,620 98.9 % +40.11%
International
1.1 %
291 1.4 % 306 1.1 % +5.29%

Managers

Managers TitleAgeSince
Director of Finance/CFO 54 92-12-28
Compliance Officer 40 22-10-17
Director/Board Member - -
Investor Relations Contact - -
Corporate Officer/Principal - -
Human Resources Officer - -
Sales & Marketing - -
Corporate Officer/Principal - -
Corporate Officer/Principal - -
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 52 21-08-19
Founder 60 92-12-28
Director of Finance/CFO 54 92-12-28
Director/Board Member 74 15-05-25
Director/Board Member 54 15-07-27
Director/Board Member - -
Director/Board Member 53 -
Director/Board Member - 22-12-24

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 119,199,826 49,752,466 ( 41.74 %) 0 41.74 %

Shareholders

NameEquities%Valuation
20,206,400 16.93 % 50 M ₹
Netra Shah
11.62 %
13,867,027 11.62 % 35 M ₹
9,159,888 7.673 % 23 M ₹
Sixth Sense Ventures Pvt Ltd.
7.244 %
8,647,368 7.244 % 22 M ₹
Ag Dynamic Funds Ltd.
6.192 %
7,392,250 6.192 % 18 M ₹
International Finance Corp. (Investment Company)
5.045 %
6,023,013 5.045 % 15 M ₹
3,295,000 2.760 % 8 M ₹
Apex Group Ltd.
1.897 %
2,265,000 1.897 % 6 M ₹
2,222,820 1.862 % 6 M ₹
2,010,000 1.684 % 5 M ₹

Company contact information

Parag Milk Foods Ltd.

Nirmal Building Nariman Point

400021, Mumbai

+91 21 3322 4761

http://www.paragmilkfoods.com
address Parag Milk Foods Limited(PARAGMILK)

Group companies

NameCategory and Sector
Agricultural Commodities/Milling

Sales per Business

Sales per region

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
213.9 INR
Average target price
310 INR
Spread / Average Target
+44.93%
Consensus

Quarterly revenue - Rate of surprise