Milkfood
- P/E
- Not meaningful: last twelve months’ earnings are mostly a one-off item
Key Fundamentals
MicrocapFood ProductsFMCGPrice-based figures as of · EPS basis: Standalone · TTM
- ROCE
- 22.50%
- Debt to Equity
- 0.49
- EPS (TTM)
- ₹18.54
- Book Value
- ₹84.95
- Market Cap
- —
- P/E (TTM)
- Not meaningful: last twelve months’ earnings are mostly a one-off item
- P/B
- 1.14
- ROE
- 22.10%
- Dividend Yield
- 2.59%
- EBITDA
- ₹25.50 Cr
- 52W High
- ₹99.50
- 52W Low
- ₹43.99
- Day Range
- ₹96.00 – ₹98.44
- Volume
- 5,754
Peer Comparison
Fast Moving Consumer Goods › Food Products › Dairy Products
| ₹1,046.20 | 63.79 | ₹23,626 Cr | 11.81 | 0.97% | 19.20% | 15.20% | ₹10,413 Cr | ₹366 Cr | |
| ₹302.55 | 84.04 | ₹22,941 Cr | 10.06 | 0.00% | 31.60% | 13.60% | ₹3,765 Cr | ₹235 Cr | |
| ₹39.82 | — | ₹8,971 Cr | 13.92 | 0.00% | −1.01% | — | ₹1,909 Cr | −₹334 Cr | |
| ₹985.95 | 24.30 | ₹6,129 Cr | 3.45 | 0.49% | 16.40% | 16.70% | ₹4,316 Cr | ₹246 Cr | |
| ₹7,377.50 | 24.21 | ₹5,347 Cr | 5.77 | 0.23% | 19.60% | 22.00% | ₹1,676 Cr | ₹219 Cr | |
| ₹370.65 | 30.06 | ₹3,435 Cr | 3.03 | 0.68% | 12.60% | 14.80% | ₹4,934 Cr | ₹115 Cr | |
| ₹291.98 | 28.21 | ₹3,370 Cr | 3.01 | 0.44% | 12.10% | 13.40% | ₹3,911 Cr | ₹130 Cr | |
| ₹97.23 | — | ₹248 Cr | 1.14 | 2.59% | 22.10% | 22.50% | ₹420 Cr | ₹45 Cr | |
| Median 8 companies | ₹336.60 | 29.14 | ₹5,738 Cr | 4.61 | 0.47% | 17.80% | 15.20% | ₹3,838 Cr | ₹175 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company. 1 company is not shown because they are not listed on an exchange we cover.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 100/100
Category scores
- Quality
- 50
- Average
- Returns, margins, earnings quality 22% weight
- Valuation
- 71
- Strong
- Cheap vs sector & own history 24% weight
- Growth
- 36
- Poor
- Sales & profit trajectory 9% weight
- Financial Health
- 41
- Weak
- Solvency, leverage, coverage 9% weight
- Momentum
- 99
- Strong
- Trend strength, vol-adjusted 12% weight
- Ownership
- 57
- Good
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
2- Stock is trading at 0.91 times its book value
- Company has delivered good profit growth of 78.7% CAGR over last 5 years
Weaknesses
4- The company has delivered a poor sales growth of 2.34% over past five years.
- Company has a low return on equity of 10.3% over last 3 years.
- Earnings include an other income of Rs.66.8 Cr.
- Working capital days have increased from 36.3 days to 72.7 days
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bullish | 4 | 3 | 12 |
| Oscillators | Bearish | 4 | 3 | 2 |
| Moving Averages | Strong Bullish | 0 | 0 | 10 |
Oscillators
Bearish
Overall
Strong Bullish
Moving Averages
Strong Bullish
Key readings
- RSI (14)
- 73.38
- Bearish
- MACD (12,26,9)
- 2.93
- Bullish
- SMA (50)
- 85.77
- Bullish
- SMA (200)
- 69.02
- Bullish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | +1.02% |
|---|---|
| 5Y | +2.33% |
| 3Y | −4.01% |
| 1Y | −7.81% |
| TTM | −1.15% |
Net profit
| 10Y | +46.00% |
|---|---|
| 5Y | +85.56% |
| 3Y | +63.86% |
| 1Y | +780.00% |
| TTM | Tiny base |
Operating cash flow
| 10Y | Turned negative |
|---|---|
| 5Y | Turned negative |
| 3Y | Outflow widened by ₹75 Cr |
| 1Y | Turned negative |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | −4.18 pp |
|---|---|
| 5Y | −3.98 pp |
| 3Y | −3.69 pp |
| 1Y | −3.91 pp |
| TTM | −1.33 pp |
Revenue by year
| Mar 2017 | ₹389 Cr |
|---|---|
| Mar 2018 | ₹491 Cr |
| Mar 2019 | ₹531 Cr |
| Mar 2020 | ₹551 Cr |
| Mar 2021 | ₹368 Cr |
| Mar 2022 | ₹316 Cr |
| Mar 2023 | ₹467 Cr |
| Mar 2024 | ₹437 Cr |
| Mar 2025 | ₹448 Cr |
| Mar 2026 | ₹413 Cr |
Net profit by year
| Mar 2017 | −₹1.00 Cr |
|---|---|
| Mar 2018 | ₹8.00 Cr |
| Mar 2019 | ₹10.00 Cr |
| Mar 2020 | ₹8.00 Cr |
| Mar 2021 | ₹2.00 Cr |
| Mar 2022 | ₹3.00 Cr |
| Mar 2023 | ₹10.00 Cr |
| Mar 2024 | ₹7.00 Cr |
| Mar 2025 | ₹5.00 Cr |
| Mar 2026 | ₹44.00 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 94.46 | 106 | 115 | 122 | 96.05 | 80.4 | 113 | 158 | 73.66 | 74.05 | 86.29 | 179 | 81.22 |
| Expenses | 94.82 | 99.96 | 108 | 114 | 90.16 | 74.42 | 110 | 150 | 74.72 | 76.38 | 79.86 | 176 | 77.75 |
| Operating Profit | −0.36 | 5.84 | 6.62 | 7.58 | 5.89 | 5.98 | 3.44 | 8.31 | −1.06 | −2.33 | 6.43 | 3.31 | 3.47 |
| OPM % | −0.38% | 5.52% | 5.76% | 6.23% | 6.13% | 7.44% | 3.04% | 5.26% | −1.44% | −3.15% | 7.45% | 1.85% | 4.27% |
| Other Income | 3.74 | 2.57 | 0.02 | 3.06 | 0.02 | 0 | 1.28 | 0.59 | 5.55 | 0.1 | 0.01 | 66 | 0.66 |
| Interest | 3.47 | 3.37 | 3.33 | 3.36 | 3.22 | 3.18 | 1.16 | 3.27 | 3.22 | 3.49 | 3.67 | 3.38 | 2.25 |
| Depreciation | 1.72 | 1.72 | 1.69 | 1.59 | 1.67 | 1.65 | 1.83 | 1.95 | 1.96 | 2.14 | 1.7 | 1.36 | 1.59 |
| PBT | −1.81 | 3.32 | 1.62 | 5.69 | 1.02 | 1.15 | 1.73 | 3.68 | −0.69 | −7.86 | 1.07 | 64.57 | 0.29 |
| Tax % | −23.76% | −3.92% | 27.78% | 31.81% | 42.16% | 21.74% | 63.58% | 34.24% | 0% | 0% | −31.78% | 20.38% | 24.14% |
| Net Profit | −1.38 | 3.45 | 1.17 | 3.88 | 0.59 | 0.9 | 0.63 | 2.42 | −0.69 | −7.86 | 1.41 | 51.41 | 0.22 |
| EPS (₹) | −0.7 | 1.76 | 0.57 | 1.88 | 0.24 | 0.37 | 0.26 | 0.99 | −0.28 | −3.22 | 0.58 | 21.09 | 0.09 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 371 | 373 | 389 | 491 | 531 | 551 | 368 | 316 | 467 | 437 | 448 | 413 | 420 |
| Expenses | 355 | 352 | 368 | 465 | 503 | 527 | 348 | 303 | 444 | 417 | 424 | 407 | 410 |
| Operating Profit | 16 | 21 | 21 | 26 | 28 | 25 | 20 | 13 | 24 | 20 | 24 | 6 | 11 |
| OPM % | 4.3% | 6% | 5% | 5% | 5% | 4.5% | 5% | 4.1% | 5% | 4.5% | 5% | 1.5% | 2.6% |
| Other Income | 2 | 2 | −4 | 0 | 0 | 1 | 0 | 3 | 4 | 9 | 2 | 72 | 67 |
| Interest | 9 | 13 | 12 | 10 | 8 | 8 | 8 | 7 | 10 | 14 | 11 | 14 | 13 |
| Depreciation | 6 | 9 | 5 | 6 | 7 | 8 | 9 | 7 | 6 | 7 | 7 | 7 | 7 |
| PBT | 2 | 2 | 0 | 10 | 13 | 9 | 3 | 2 | 11 | 9 | 8 | 57 | 58 |
| Tax % | 42% | 39% | 1150% | 16% | 23% | 4% | 25% | −51% | 15% | 19% | 40% | 22% | — |
| Net Profit | 1 | 1 | −1 | 8 | 10 | 8 | 2 | 3 | 10 | 7 | 5 | 44 | 45 |
| EPS (₹) | 0.51 | 0.47 | −0.51 | 4.16 | 5.22 | 4.28 | 1.24 | 1.78 | 4.97 | 3.46 | 1.85 | 18.17 | 18.54 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 13% | 18% | 67% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 12 | 12 |
| Reserves | 30 | 31 | 85 | 93 | 103 | 112 | 114 | 118 | 128 | 170 | 164 | 212 |
| Borrowings | 83 | 94 | 85 | 71 | 59 | 76 | 73 | 73 | 122 | 116 | 118 | 110 |
| Other Liabilities | 113 | 74 | 93 | 90 | 115 | 108 | 118 | 109 | 74 | 80 | 81 | 61 |
| Total Liabilities | 231 | 204 | 268 | 259 | 283 | 300 | 309 | 304 | 329 | 371 | 375 | 396 |
| Fixed Assets | 101 | 107 | 165 | 163 | 166 | 183 | 184 | 184 | 190 | 222 | 226 | 174 |
| CWIP | 1 | 2 | 2 | 1 | 2 | 2 | 2 | 5 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 128 | 95 | 101 | 94 | 115 | 116 | 124 | 115 | 139 | 149 | 149 | 222 |
| Total Assets | 231 | 204 | 268 | 259 | 283 | 300 | 309 | 304 | 329 | 371 | 375 | 396 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 6 | 40 | 27 | 27 | 34 | 20 | 13 | 14 | −30 | 20 | 19 | −105 |
| Investing | −6 | −16 | −9 | −5 | −10 | −22 | −8 | −5 | −7 | 1 | −4 | 126 |
| Financing | 1 | −25 | −19 | −23 | −20 | 0 | −7 | −8 | 36 | −21 | −15 | −21 |
| Net Cash Flow | 1 | 0 | −1 | 0 | 4 | −2 | −2 | 0 | −1 | 0 | 0 | 0 |
| Free Cash Flow | −1 | 24 | 18 | 23 | 24 | −2 | 6 | 8 | −37 | 21 | 15 | 21 |
| CFO/EBITDA | 36 | 190 | 126 | 110 | 129 | 92 | 71 | 118 | −114 | 102 | 98 | −1,454 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 15 | 17 | 15 | 4 | 15 | 22 | 53 | 66 | 25 | 64 | 67 | 49 |
| Inventory Days | 104 | 76 | 84 | 65 | 56 | 46 | 40 | 29 | 63 | 34 | 34 | 49 |
| Days Payable | 46 | 24 | 28 | 29 | 37 | 25 | 34 | 23 | 39 | 54 | 52 | 34 |
| Cash Conversion Cycle | 73 | 69 | 71 | 40 | 35 | 43 | 59 | 72 | 49 | 44 | 48 | 64 |
| Working Capital Days | 5 | −7 | 1 | −6 | 2 | 0 | 20 | 30 | 23 | 20 | 16 | 73 |
| ROCE % | 10% | 11% | 11% | 12% | 13% | 9% | 6% | 5% | 9% | 7% | 6% | 23% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Milkfood insights
64 extracted metrics across FY10–FY27.
Documents
- 27 Aug 2026
- 25 Nov 2025
- 19 Aug 2025
- 17 Jul 2025
- 17 May 2024
Frequently Asked Questions about Milkfood
What does Milkfood Ltd do?
Where is Milkfood Ltd (MLKFOOD) listed?
Which sector does Milkfood Ltd belong to?
What is the 52-week high and low of Milkfood Ltd?
Does Milkfood Ltd pay dividends?
What is the Return on Equity (ROE) of Milkfood Ltd?
Company Information
Incorporated in 1973, Milkfood Ltd manufactures and sells dairy products
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