---
title: "Parag Milk Foods Ltd (PARAGMILK) — Share Price, Financials & Analysis"
symbol: "PARAGMILK"
company: "Parag Milk Foods Ltd"
canonical: "https://tapetide.com/stocks/PARAGMILK"
isin: "INE883N01014"
nse_symbol: "PARAGMILK"
bse_code: "539889"
sector: "Food Products"
industry: "Dairy Products"
market_cap_cr: 3328.65
generated_at: "2026-09-13T18:22:26.088Z"
---

# Parag Milk Foods Ltd (PARAGMILK)

Canonical page: https://tapetide.com/stocks/PARAGMILK

## Company

- **NSE Symbol:** PARAGMILK
- **BSE Code:** 539889
- **ISIN:** INE883N01014
- **Sector:** Food Products
- **Industry:** Dairy Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2016-05-19
- **CEO:** Mr. Devendra Prakash Shah
- **Employees:** 1969
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** paragmilkfoods.com

## About

Parag Milk Foods Ltd, founded in 1992  by Mr. Devendra Shah is involved in the development and promotion of 100% fresh cow’s milk and milk products under international brand names with a diverse portfolio in over 10 product categories. [1]

## Latest Price

- **Price:** ₹268.5
- **Change:** +3.65 (+1.38%)
- **Open:** ₹263.3
- **Day High:** ₹273.2
- **Day Low:** ₹261
- **Previous Close:** ₹264.85
- **Volume:** 2611943
- **As Of:** 2026-09-11T10:25:16+00:00

## Key Fundamentals

Observed at 2026-09-11T04:43:59.802307Z.

- **Market Cap:** ₹3328.65 Cr
- **Classification:** Microcap
- **P/E (reported):** 25.7
- **P/E (TTM):** 25.94
- **EPS (TTM):** ₹10.35
- **EPS (reported):** ₹8.08
- **Book Value:** ₹100.24
- **Price to Book:** 2.64
- **Dividend Yield:** 0.38%
- **ROE:** 11.61%
- **ROCE:** 17.07%
- **Debt to Equity:** 0.48
- **Revenue (yearly):** ₹3817.5 Cr
- **Net Income:** ₹151.94 Cr
- **EBITDA:** ₹251.06 Cr
- **52-Week High:** ₹376.95
- **52-Week Low:** ₹177.84
- **RSI (14):** 68.34

## Tapetide Score

- **Score:** 46 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Flat
- **Percentile:** 31.9 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 42.93 | 9% |
| growth | 58.35 | 9% |
| momentum | 59.39 | 12% |
| ownership | 48.5 | 24% |
| quality | 38.93 | 22% |
| valuation | 44.68 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has delivered good profit growth of 45.0% CAGR over last 5 years

### Weaknesses

- Stock is trading at 2.67 times its book value
- Tax rate seems low
- Company has a low return on equity of 11.8% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 107.33% | 211.56% | 112.15% |
| ebitda margin growth | -10.87% | -23.1% | -8.98% | -132.55% |
| net income growth | -31.68% | 27.9% | 38% | 45% |
| revenue growth | -1.89% | 9.94% | 10% | 16% |
| roce | -15.64% | 22.89% | 73.48% | -1.39% |
| roe | -31.61% | 16.92% | 9.38% | 420.63% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | 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 | 798 | 801 | 790 | 758 | 871 | 885 | 918 | 852 | 1008 | 1013 | 945 | 945 |
| Expenses | 743 | 736 | 753 | 702 | 802 | 811 | 856 | 794 | 937 | 944 | 886 | 876 |
| Operating Profit | 56 | 65 | 37 | 56 | 69 | 74 | 62 | 58 | 71 | 68 | 59 | 68 |
| OPM % | 7 | 8 | 4.7 | 7 | 8 | 8 | 7 | 7 | 7 | 7 | 6 | 7 |
| Other Income | 6 | 6 | 8 | 6 | 7 | 5 | 13 | 8 | 18 | 3 | 19 | 1 |
| Interest | 21 | 22 | 16 | 19 | 23 | 26 | 25 | 20 | 20 | 21 | 21 | 22 |
| Depreciation | 15 | 15 | 15 | 16 | 18 | 16 | 17 | 16 | 19 | 18 | 18 | 18 |
| Profit before tax | 24 | 33 | 14 | 27 | 36 | 38 | 33 | 29 | 50 | 33 | 40 | 29 |
| Tax % | -3 | -4 | 27 | -2 | 18 | 4 | 19 | 5 | 10 | 9 | 20 | 25 |
| Net Profit | 25 | 34 | 10 | 27 | 29 | 36 | 26 | 28 | 46 | 30 | 32 | 22 |
| EPS in Rs | 2.15 | 2.91 | 0.82 | 2.29 | 2.45 | 3.02 | 2.2 | 2.31 | 3.65 | 2.36 | 2.58 | 1.76 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1955 | 2396 | 2438 | 1842 | 2072 | 2893 | 3139 | 3432 | 3818 | 3911 |
| Expenses | 1758 | 2171 | 2225 | 1715 | 2508 | 2773 | 2936 | 3179 | 3561 | 3643 |
| Operating Profit | 197 | 225 | 213 | 126 | -436 | 120 | 202 | 254 | 257 | 267 |
| OPM % | 10 | 9 | 9 | 7 | -21 | 4.2 | 6 | 7 | 7 | 7 |
| Other Income | 9 | 9 | 6 | 12 | 20 | 45 | 23 | 39 | 48 | 42 |
| Interest | 36 | 36 | 38 | 46 | 52 | 57 | 79 | 93 | 81 | 83 |
| Depreciation | 51 | 50 | 54 | 52 | 54 | 57 | 60 | 67 | 71 | 73 |
| Profit before tax | 119 | 148 | 127 | 41 | -522 | 51 | 86 | 133 | 152 | 152 |
| Tax % | 27 | 18 | 26 | 49 | 2 | -4 | -6 | 10 | 11 | — |
| Net Profit | 87 | 121 | 94 | 21 | -532 | 53 | 91 | 119 | 135 | 130 |
| EPS in Rs | 10.35 | 14.35 | 11.14 | 2.46 | -55.83 | 4.54 | 7.59 | 9.95 | 10.79 | 10.35 |
| Dividend Payout % | 7 | 7 | 4 | 20 | 0 | 0 | 7 | 10 | 10 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 84 | 84 | 84 | 84 | 84 | 95 | 117 | 119 | 119 | 125 |
| Reserves | 541 | 628 | 743 | 827 | 844 | 459 | 691 | 793 | 904 | 1134 |
| Borrowings | 261 | 291 | 240 | 400 | 381 | 523 | 606 | 616 | 654 | 607 |
| Other Liabilities | 401 | 378 | 375 | 379 | 373 | 318 | 253 | 358 | 355 | 415 |
| Total Liabilities | 1287 | 1382 | 1442 | 1690 | 1683 | 1395 | 1668 | 1887 | 2033 | 2281 |
| Fixed Assets | 334 | 397 | 406 | 466 | 473 | 459 | 436 | 466 | 578 | 643 |
| CWIP | 21 | 20 | 29 | 7 | 3 | 10 | 45 | 69 | 19 | 37 |
| Investments | 0 | 1 | 1 | 1 | 1 | 0 | 5 | 5 | 5 | 5 |
| Other Assets | 933 | 964 | 1007 | 1217 | 1205 | 926 | 1182 | 1348 | 1431 | 1596 |
| Total Assets | 1287 | 1382 | 1442 | 1690 | 1683 | 1395 | 1668 | 1887 | 2033 | 2281 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -17 | 19 | 140 | -66 | 100 | -149 | -190 | 102 | 212 | 149 |
| Cash from Investing Activity | -87 | -16 | -73 | -30 | -47 | -26 | -88 | -53 | -132 | -98 |
| Cash from Financing Activity | 140 | -12 | -91 | 111 | -69 | 248 | 212 | -53 | -78 | -60 |
| Net Cash Flow | 36 | -10 | -24 | 15 | -15 | 73 | -66 | -3 | 1 | -9 |
| Free Cash Flow | -111 | -45 | 52 | -98 | 56 | -185 | -190 | 41 | 87 | 59 |
| CFO/OP | 0 | 16 | 75 | -15 | 96 | 31 | -155 | 56 | 88 | 65 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 37 | 47 | 42 | 45 | 32 | 22 | 21 | 28 | 28 | 23 |
| Inventory Days | 136 | 131 | 113 | 127 | 186 | 91 | 100 | 103 | 87 | 95 |
| Days Payable | 99 | 91 | 73 | 59 | 81 | 43 | 27 | 42 | 39 | 35 |
| Cash Conversion Cycle | 74 | 87 | 83 | 114 | 136 | 70 | 95 | 89 | 76 | 84 |
| Working Capital Days | 33 | 49 | 55 | 65 | 91 | 44 | 66 | 67 | 66 | 51 |
| ROCE % | 7 | 17 | 18 | 14 | 7 | -39 | 9 | 11 | 14 | 14 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 41.63% | 41.63% | 42.61% | 42.61% | 42.61% | 42.61% | 42.61% | 42.61% | 40.65% | 40.65% | 40.65% | 40.49% |
| FIIs | 8.75% | 8.83% | 8.95% | 8.51% | 10.08% | 8.2% | 8.46% | 9.23% | 13.99% | 9.26% | 8.77% | 7.46% |
| DIIs | 8.11% | 8.58% | 8.64% | 8.61% | 7.12% | 7.07% | 6.92% | 6.87% | 6.32% | 6.16% | 5.25% | 5.8% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 21.69% | 22.47% | 24.77% | 28.82% | 28.85% | 29.38% | 29.57% | 29.43% | 27.2% | 27.32% | 28.46% | 29.04% |
| Others | 19.82% | 18.49% | 15.04% | 11.45% | 11.34% | 12.75% | 12.45% | 11.86% | 11.84% | 16.61% | 16.87% | 17.2% |
| No. of Shareholders | 62708 | 67464 | 98819 | 108941 | 109431 | 111246 | 110427 | 102552 | 88282 | 86569 | 88588 | 88951 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 3 / 3

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 256.38 | Buy |
| EMA (10) | 254.99 | Buy |
| SMA (20) | 241.94 | Buy |
| EMA (20) | 246.33 | Buy |
| SMA (50) | 230.25 | Buy |
| EMA (50) | 235.49 | Buy |
| SMA (100) | 228.35 | Buy |
| EMA (100) | 232.05 | Buy |
| SMA (200) | 239.11 | Buy |
| EMA (200) | 231.35 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 69.98 | Neutral |
| MACD (12,26,9) | 10.13 | Buy |
| Stochastic (14,3,3) | 81.15 | Sell |
| ADX (14) | 30.7 | Buy |
| Williams %R (14) | -17.11 | Sell |
| ATR (14) | 10.86 | High Volatility |
| ROC (12) | 9.69 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 51.47 | Neutral |

## Analyst Ratings

| Recommendation | Analysts | Share |
| --- | --- | --- |
| Buy | 2 | 100% |
| Hold | 0 | 0% |
| Sell | 0 | 0% |

Based on 2 analyst ratings, observed at 2026-09-11T04:43:59.877391+00:00.

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Press Release On New Product Launch](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7c4b025d-fe12-4d91-9024-da583b5c20a3.pdf) |
| 2026-09-06 | [Parag Milk Foods Limited Has Informed The Exchange Regarding Extract Of Newspaper Publication In Connection With 34Th Annual General Meeting To Be Held On September 29 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b38903ef-dfc0-44bb-9286-56ef361cbc93.pdf) |
| 2026-09-05 | [Notice Of Annual General Meeting To Be Held On September 29 2026 And Integrated Annual Report For FY 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d4ecddf8-6fc2-4577-83d8-a4266c1af011.pdf) |
| 2026-09-05 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=68e1e529-b47a-4312-91d9-cfdf2116959f.pdf) |
| 2026-09-05 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b1d135b0-a5a1-479d-a677-9da934b4fec5.pdf) |
| 2026-09-05 | [Parag Milk Foods Limited Has Informed The Exchange That Record Date For The Purpose Of Dividend Is September 22 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cda35331-42ee-4c24-a452-f839c1c8de15.pdf) |
| 2026-09-05 | [Business Responsibility and Sustainability Reporting (BRSR)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e36677b9-0ef7-4218-ae32-98bc493a7ba1.pdf) |
| 2026-09-05 | [Compliance Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fcd403c1-faba-4365-aaa4-97be675899b8.pdf) |
| 2026-08-10 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c1c5d7d8-689d-46c5-b6b0-f59c68d0526c.pdf) |
| 2026-08-07 | [Statement Of No Deviation(S) Or Variation(S) For Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7656de66-94e2-4a2f-a85e-ff2cf883a431.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8fd05101-92a2-4b79-beb6-6fede89531c4.pdf) |
| 2026-05-14 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dd976f87-9821-4d38-b0a0-583abc615857.pdf) |
| 2026-02-11 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3fa73a91-6ad3-4791-897d-0355aa613565.pdf) |
| 2025-11-17 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e3029970-c648-4c4e-8749-bae0e3f1e39d.pdf) |
| 2025-07-27 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bcb2e51e-a849-4f60-9578-0b49398e7a80.pdf) |
| 2025-05-12 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=769cabac-1bcd-465b-b1fa-8a391e10c841.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-07 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d169b71b-4b8f-4ee8-a818-599393f514f7.pdf) |
| 2026-05-08 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=897263d4-b435-4efd-9c4d-17b31b327efd.pdf) |
| 2026-02-04 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=12c70552-0f16-4410-9b67-f121bf283162.pdf) |
| 2025-11-11 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c4b7a0cc-6467-489c-a19b-00d5914e5b9e.pdf) |
| 2025-07-21 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9296a054-0cc3-402e-b447-b86665fe1bdc.pdf) |
| 2025-05-05 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f6c7700f-b67f-438c-b122-c9141c52376a.pdf) |
| 2025-05-03 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=321b31f4-a7b0-45fd-b04f-57129e3cfb9f.pdf) |
| 2025-01-31 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d6ac2640-94a3-442f-a00a-df462c1448cd.pdf) |
| 2024-11-11 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e44c63ca-c671-4f94-8559-190c68d7f364.pdf) |
| 2024-07-23 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=989cfd40-28c9-4e4f-98af-bebdf14f73a0.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-08-07 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=546c040e-7070-4d1d-b9a4-ef0486a1d324.pdf) |
| 2026-05-08 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bda08788-993d-40a6-9812-bcf04cdd6552.pdf) |
| 2026-02-05 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=65e866b0-aeba-440b-af87-36afd4bb91cb.pdf) |
| 2025-11-12 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8580f595-b77a-4038-87ac-0a4e062cf0a0.pdf) |
| 2025-07-22 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3b27162d-df23-41e1-9280-a781a5a5ad11.pdf) |
| 2025-05-05 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c9508268-dbc2-42b2-9e51-f3a9aa8dcaf0.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-06 | [Unaudited Financial Results For Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=94633018-03cd-4ce8-8773-649f01b4a01d.pdf) |
| 2026-05-08 | [Audited Financial Results For Quarter And Financial Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a4f2cc56-519a-4a66-8e53-6bca305f14cb.pdf) |
| 2026-02-04 | [Unaudited Financial Results For Quarter And Nine Months Ended December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=60b9bf5f-4d5f-4bf6-8562-4bb9de801dcb.pdf) |
| 2025-11-12 | [Unaudited Financial Results For Quarter And Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4a5a7078-7c2b-4483-aa6c-6c505634ab62.pdf) |
| 2025-07-21 | [Unaudited Financial Results For Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7fb5d0e9-bde0-498e-8ce2-6712f06df435.pdf) |
| 2025-05-03 | [Outcome Of The Board Meeting Held On May 2 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=661225dc-02d5-484d-8ac9-69a2ec3a0890.pdf) |
| 2025-01-30 | [Unaudited Financial Results For Quarter And Nine Months Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9a711d91-7aa4-43cc-841f-03b28b3b0f58.pdf) |
| 2024-11-11 | [Unaudited Financial Results For Quarter And Half Year Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e541e823-5ca1-42c0-8ce5-20684713d99e.pdf) |
| 2024-07-23 | [Parag Milk Foods Limited - Unaudited Financial Results For Quarter Ended June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f903aab9-1c97-4159-b914-bd628b67ced9.pdf) |
| 2024-05-18 | [Audited Financial Results For The Quarter And Financial Year Ended March 31, 2024, Pursuant To Regulation 33 Of The SEBI (LODR) Regulations, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9927675a-5190-4b55-8cac-a3871871965a.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8 May - Parag Milk Foods reports no deviation in INR 40.30 crore warrant proceeds for quarter ended March 31, 2026. | [Statement Of No Deviation(S) Or Variation(S) For Quarter Ended March 31, 2026 8 May - Parag Milk Foods reports no deviation in INR 40.30 crore warrant proceeds for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/cafd221e-1f6f-4420-bec7-d662f114663e.pdf) |
| 8 May - Parag Milk Foods Limited - Investor Presentation on Financial Results for the quarter and year ended March 31, 2026 | [Announcement under Regulation 30 (LODR)-Investor Presentation 8 May - Parag Milk Foods Limited - Investor Presentation on Financial Results for the quarter and year ended March 31, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/897263d4-b435-4efd-9c4d-17b31b327efd.pdf) |
| 8 May - Monitoring Agency Report for Q4 FY26 shows no deviation in utilization of preferential warrant proceeds. | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report 8 May - Monitoring Agency Report for Q4 FY26 shows no deviation in utilization of preferential warrant proceeds.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/6df162a4-486a-4682-a0c5-a02e0b71492b.pdf) |
| 8 May - May 8, 2026 earnings call audio for Q4 and FY2026 available on company website. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 8 May - May 8, 2026 earnings call audio for Q4 and FY2026 available on company website.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/bda08788-993d-40a6-9812-bcf04cdd6552.pdf) |
| 8 May - FY26 audited results approved; 11% dividend recommended; 10 lakh shares allotted to ESOP Trust. | [Audited Financial Results For Quarter And Financial Year Ended March 31, 2026 8 May - FY26 audited results approved; 11% dividend recommended; 10 lakh shares allotted to ESOP Trust.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/a4f2cc56-519a-4a66-8e53-6bca305f14cb.pdf) |
| 5 Mar - Parag Milk Foods Limited has informed about Schedule of Analyst/ Investor Meet | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 5 Mar - Parag Milk Foods Limited has informed about Schedule of Analyst/ Investor Meet](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f6ccbfaa-2182-4e17-8191-a5c7681b1570.pdf) |
| 5 Feb - Parag Milk Foods Limited has informed about Schedule of Analyst/ Investor Meet | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 5 Feb - Parag Milk Foods Limited has informed about Schedule of Analyst/ Investor Meet](https://www.bseindia.com/xml-data/corpfiling/AttachHis/60c0479a-bc29-472d-b8d8-b27384977bfc.pdf) |
| 5 Feb - India Ratings monitoring report: Preferential issue INR161.19Cr; INR40.30Cr received; INR40.00Cr utilized; no deviations (31-Dec-2025). | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report 5 Feb - India Ratings monitoring report: Preferential issue INR161.19Cr; INR40.30Cr received; INR40.00Cr utilized; no deviations (31-Dec-2025).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dacc4fab-6712-4065-a00d-bd2d8dc779d7.pdf) |
| 5 Feb - Audio recording of Q3 (Oct–Dec 2025) earnings call held Feb 5, 2026 available on company website. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 5 Feb - Audio recording of Q3 (Oct–Dec 2025) earnings call held Feb 5, 2026 available on company website.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/65e866b0-aeba-440b-af87-36afd4bb91cb.pdf) |
| 4h - Board approved FY26 audited results, recommended Rs1.10 dividend, and allotted 10 lakh ESOP shares on May 7, 2026. | [Board Meeting Outcome for Outcome Of Board Meeting Held On May 7, 2026 4h - Board approved FY26 audited results, recommended Rs1.10 dividend, and allotted 10 lakh ESOP shares on May 7, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/7b029316-e828-4b7e-9db6-be685cea7add.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2020 | [Concall - Sep 2020](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e2ead25d-d7fd-4645-98f2-68d56ffe4341.pdf) |
| Sep 2020 | [Concall - Sep 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e2ead25d-d7fd-4645-98f2-68d56ffe4341.pdf) |
| Oct 2019 | [Concall - Oct 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=73fcc796-887b-47dd-8eaa-d77cc2bcddb0.pdf) |
| Oct 2019 | [Concall - Oct 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/73fcc796-887b-47dd-8eaa-d77cc2bcddb0.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e3029970-c648-4c4e-8749-bae0e3f1e39d.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e44c63ca-c671-4f94-8559-190c68d7f364.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8082188e-df98-44a5-8ae0-c03baab4a4e7.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/855f379f-9491-4ffd-a16f-461698959191.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8a1a9a05-c8d7-4ada-b34b-cb3fedfdf4fd.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b6895bb0-8acf-4d68-8d4e-e81573858150.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/34b8a27a-a630-4e5a-97ea-7599aa16ec56.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a80732f0-446a-4418-9119-a10eb823877f.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/81ab304f-3db0-4cd2-b90f-bbe32846b052.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/539889/76920539889.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/539889/69854539889.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/539889/66954539889.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/539889/5398890319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/539889/5398890318.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:22:26.088Z.