Parag Milk Foods Limited - Investor Presentation on Unaudited Financial Results for quarter ended June 30, 2026
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 07 Aug 2026, 11:10 AM IST · BSE ID: 294942ac-8d74-4483-8a68-c7eb2a8503b1
View Original BSE Filing (PDF)
💡
In Simple Terms
Parag Milk Foods saw its sales go up in Q1, but its profit went down due to higher taxes.
🤖 AI Summary
- Parag Milk Foods recorded Q1 FY27 revenue of ₹945 Crore, an 11% YoY value growth.
- EBITDA for Q1 FY27 increased by 6% YoY to ₹70 Crore, with EBITDA margin at 7.4%.
- Profit After Tax (PAT) for Q1 FY27 declined by 20% YoY to ₹22 Crore, impacted by current tax.
- New Age business, including Pride of Cows and Avvatar, achieved 59% growth, contributing 13% to turnover.
- The Board approved doubling cheese production capacity from 60 MT to 120 MT, expanding whey protein generation.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Consolidated Revenue Q1 FY27
₹945 Crore
11%
Consolidated EBITDA Q1 FY27
₹70 Crore
6%
Consolidated PAT Q1 FY27
₹22 Crore
-20%
New Age Business Growth Q1 FY27
59%
Cheese Production Capacity Expansion
60 MT to 120 MT
🏢 How This Affects the Company
The company achieved its highest-ever Q1 revenue of ₹945 Crore, driven by 11% YoY value growth and 3% YoY volume growth. The New Age business segment significantly grew by 59%, increasing its contribution to overall turnover to 13%.
Consolidated Revenue increased by 11% YoY to ₹945 Crore. EBITDA grew by 6% to ₹70 Crore, while PAT decreased by 20% YoY to ₹22 Crore, attributed mainly to current tax impact.
The Board approved doubling cheese production capacity from 60 MT to 120 MT, which will also drive parallel expansion in Whey Protein generations. Milk prices increased by 13% YoY, managed through calibrated price increases and product mix actions.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this investor presentation filing.
👤
Who Is Affected
Shareholders are affected by the company's financial performance, with consolidated Q1 FY27 revenue at ₹945 Crore and PAT at ₹22 Crore.
🔍
Management Signal
Management intends to expand key product capacities and drive growth in premium, consumer-centric brands like Pride of Cows and Avvatar.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Next quarterly results — assess sustained revenue growth and profitability trends.
Updates on cheese capacity expansion — monitor progress and impact on production.
New Age business performance — evaluate continued growth and portfolio contribution.
MEDIUM RISK
PAT decline in Q1 FY27, despite revenue growth, flags profitability pressure from tax impact.
💡 Investor Takeaway
Parag Milk Foods reported Q1 FY27 consolidated revenue of ₹945 Crore, up 11% YoY. EBITDA increased 6% to ₹70 Crore. PAT decreased 20% to ₹22 Crore, primarily due to current tax impact. New Age business grew 59% YoY. Cheese capacity expansion approved.
⚖️ Strengths & Concerns
✅ Positives
- Highest-ever Q1 Revenue of ₹945 Crore, demonstrating 11% YoY value growth and 3% YoY volume growth.
- New Age business grew by 59% YoY in Q1 FY27, now contributing 13% to overall turnover.
⚠️ Concerns
- Consolidated Profit After Tax (PAT) declined by 20% YoY to ₹22 Crore, mainly due to current tax impact.
- EBITDA margin decreased marginally to 7.4% in Q1 FY27 from 7.7% in Q1 FY26, influenced by inflation.
📅 Company Track Record
In FY26, Parag Milk Foods' consolidated revenue grew 11% to INR 3,818 Cr, with PAT up 14% to INR 135 Cr. The company previously announced plans for a ₹105 Crore cheese capacity expansion on August 6, 2026, aligning with the current filing.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Parag Milk Foods' consolidated revenue in Q1 FY27?
Parag Milk Foods reported consolidated revenue of ₹945 Crore in Q1 FY27, an 11% increase compared to Q1 FY26.
What was Parag Milk Foods' Profit After Tax (PAT) in Q1 FY27?
The consolidated Profit After Tax (PAT) for Parag Milk Foods in Q1 FY27 was ₹22 Crore, representing a 20% decline YoY.
How did Parag Milk Foods' New Age business perform in Q1 FY27?
The New Age business segment, including Pride of Cows and Avvatar, grew by 59% YoY in Q1 FY27, contributing 13% to the overall turnover.
What capacity expansion did Parag Milk Foods' Board approve?
Parag Milk Foods' Board approved doubling cheese production capacity from 60 MT to 120 MT, which will also drive parallel expansion in Whey Protein generations.
Questions based on this BSE filing only. For information purposes.