Parag Milk Foods Limited
PARAGMILK.BO
Bombay Stock Exchange226.10
INR
-4.40
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Parag Milk Foods Limited
PARAGMILK.BO
(Bombay Stock Exchange)
Recent
price
226.10
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Parag Milk Foods Limited is a Pune-based dairy FMCG company established in 1992, engaged in the processing, manufacturing, and sale of milk and milk-related products primarily in India with an expanding international presence. The company offers a diverse portfolio of dairy products including fresh cow's milk; ghee; paneer; sweets such as gulab jamun mix and traditional Indian confectioneries; curd; butter; dairy whitener; milk powders both skimmed and whole; various processed and natural cheese products including wedges, spreads, slices, and angles; flavored yogurt; slim milk; cream; buttermilk; lassi; flavored milk; milk shakes; and UHT milk. Additionally, Parag Milk Foods produces sports nutrition products such as whey protein and lactose-related products, marketed under prominent brands including Gowardhan, Go, Topp Up, Pride of Cows, and Avvatar. In recent corporate developments, Parag Milk Foods has strategically expanded its product portfolio to include a comprehensive range of high-protein, nutrient-dense dairy offerings targeting the growing health- and nutrition-conscious consumer segment in India and internationally. This includes innovations such as high-protein paneer, cheese, and yogurt aligned with modern dietary trends. The company has also forward integrated into the traditional Indian sweets segment under its flagship Gowardhan brand, introducing seven varieties including kaju katli and malai peda. Operationally, Parag is undertaking significant backend expansions through projects engaging cutting-edge dairy farm technologies, including a large-scale facility near Nashik designed to increase milk production capacity substantially by 2027. The company maintains a pan-India manufacturing footprint with facilities at Manchar (Maharashtra), Palamaner (Andhra Pradesh), and Sonepat (Haryana). Parag Milk Foods commands a leading market position in India’s dairy industry, holding notable market shares such as approximately 35% in the cheese segment and around 22% in the cow ghee category under the Gowardhan brand. Leveraging strong research and development capabilities, an integrated business model, and strategic marketing partnerships—including renewed collaborations with popular media platforms like Kaun Banega Crorepati—Parag enhances its brand equity and distribution reach across general trade, modern retail, e-commerce, and direct-to-consumer portals. The company’s business strategy focuses on innovation in dairy nutrition and wellness segments with an emphasis on product quality, purity, and taste. Parag Milk Foods is headquartered in Pune, Maharashtra, India. This description integrates Parag Milk Foods Limited’s scope of products, recent expansions in high-protein and sweets categories, operational scale-ups, market leadership, and ongoing strategic shifts towards innovation and broader consumer engagement as of 2024-2025.