Parag Milk Foods Achieves Record Q1 Revenue of ₹852 Crore, Up 12% YoY
Parag Milk Foods achieved its highest ever Q1 revenue of ₹852.00 crore, a 12% year-on-year growth. Core categories (cheese, ghee, paneer) grew 9% in volume and 14% in value, contributing 57% of total revenue. The company maintained market leadership with Gowardhan ghee at 22% and Go cheese at 35% market share. Despite an 18% increase in milk prices, EBITDA grew 6% with a 7.7% margin. New age business grew 57% year-on-year, now contributing 9% of total revenue. Daily milk procurement increased 10% to 16.5 lakh litres. The company targets ₹10,000.00 crore revenue in the next five years.
Parag Milk Foods Limited (PMFL) announced robust Q1 financial results. Standalone revenue increased 12% to ₹898.69 crore, while profit after tax rose to ₹32.43 crore. The company maintained market leadership in key categories, with a 22% share in branded cow ghee and 35% in cheese. PMFL also approved amendments to its insider trading policy and reappointed Deloitte as internal auditor for the next two years.
21Jul 25
Parag Milk Foods Reports Record Q1 Revenue, Targets 39% CAGR in New Age Brands
Parag Milk Foods Limited (PMFL) announced its Q1 financial results, reporting a record revenue of ₹852.00 crore, up 12% year-on-year. The company saw 5% overall volume growth, with core categories experiencing 14% value growth and 9% volume growth. EBITDA was ₹66.00 crore with a 7.7% margin. PBT grew 9% to ₹29.00 crore. PMFL is strengthening its position in value-added dairy, with core categories contributing 57% of total revenue. New age brands now constitute 9% of overall business, up from 6% last year, with a 57% year-on-year revenue surge. The company aims for a 39% CAGR in new age brands and is focusing on expanding core categories, brand building, and strengthening D2C efforts.
Parag Milk Foods Limited announced its Q1 financial results, reporting a record revenue of ₹852.00 crore, up 12% year-on-year. The company saw a 5% increase in overall volume, with core categories growing 9%. EBITDA increased by 6% to ₹66.00 crore, while PAT grew by 1% to ₹28.00 crore. The company maintains strong market positions in branded cow ghee (22%) and cheese (35%). New age business, including Pride of Cows and Avvatar brands, showed 57% year-on-year growth. The company is focusing on brand building and market expansion strategies as it prepares for the upcoming festive season.
Parag Milk Foods has approved a ₹161 crore capital raise through preferential issue of convertible warrants to optimize debt and fund growth. The company also expanded its product portfolio across brands, introducing high-protein and nutrient-rich offerings including new yogurts, paneer, buttermilk, and protein bars. The expansion aims to meet growing consumer demand for health-focused nutrition products.