NSE: PARAGMILK | BSE: 539889

Strong Performer

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284.26 -6.68 (-2.30%)

109.80% Gain from 52W Low

329.3K NSE+BSE Volume

NSE 24 Sep, 2025 10:44 AM (IST)

3,393.4

Market Cap

Below industry Median

1.1

Beta 1Year

High Volatility

Parag Milk Foods Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for PARAGMILK, BSE:539889 Parag Milk Foods Ltd.

Parag Milk Foods Ltd.

06 Nov 2018

284.26

-2.30%

Result Updates

Buy: Parag Milk Foods Ltd.

Target

Angel Broking

For Q2FY2019, Parag Milk Foods (PARAG) posted decent performance with 14%/22% yoy growth in revenue/ PAT led by 23 bps expansion in margin. The company has maintained its revenue target of `2700 crore+ for FY2020 backed by widening distribution network and product portfolio. We have maintained our earnings estimates in view of new product..

Parag Milk Foods Ltd. has an average target of 255.00 from 1 broker.

Parag Milk Foods Ltd.

05 Nov 2018

284.26

-2.30%

Parag Milk Foods Ltd. | Q2FY19 Result Update

Buy: Parag Milk Foods Ltd.

Edelweiss

Despite soft milk prices, Parag posted a strong 14% revenue growth driven by strong volume in the milk and the milk products segment

Parag Milk Foods Ltd. has gained 59.79% in the last 1 Year

Parag Milk Foods Ltd.

02 Nov 2018

284.26

-2.30%

In-line results; expanding reach, growing milk products portfolio bode well

Neutral: Parag Milk Foods Ltd.

Target

Motilal Oswal

2 November 2018 to INR5.7b (in-line) in 2QFY19, led by a robust performance by milk products portfolio (+14.3% YoY). EBITDA grew 14.5% YoY YoY to 16.6% of sales) and employee costs (+40bp YoY to 4.1%) restricted EBITDA margin expansion to 10bp YoY (at 10.1%). EBITDA margin expanded 190bp YoY to 10.5%.

Parag Milk Foods Ltd. has gained 59.79% in the last 1 Year

Parag Milk Foods Ltd.

08 Aug 2018

284.26

-2.30%

Result Updates

Buy: Parag Milk Foods Ltd.

Angel Broking

For Q1FY2019, Parag Milk Foods (PARAG) posted decent performance with 33%/168% yoy growth in revenue/ PAT led by 376 bps expansion in margin. The company has delivered strong results amid various concerns like farmers strike, rise in procurement prices of raw milk which reiterates our conviction in its premiumisation story. Outlook and Va..

Parag Milk Foods Ltd. has an average target of 255.00 from 1 broker.

Parag Milk Foods Ltd.

08 Aug 2018

284.26

-2.30%

Parag Milk Food | Result Update Q1FY19

Buy: Parag Milk Foods Ltd.

Target

Edelweiss

Parag Milk Foods Ltd . (Parag) posted strong all round performance for the quarter. It posted y-o-y growth of 33%/103% and 168% on revenue/ operating profit and net earnings.

Parag Milk Foods Ltd. has an average target of 255.00 from 1 broker.

Parag Milk Foods Ltd.

27 Jun 2018

284.26

-2.30%

Parag Milk Foods

Mgmt Note: Parag Milk Foods Ltd.

ICICI Securities Limited

We recently met the management of Parag Milk Foods to understand its business and future prospects. Parag is one of the leading dairy product companies in India with milk processing capacity of 2.9 million litre per day. The company has been successful in creating strong brands like GO, Gowardhan and in introducing new products like Avvatar in whey protein segment. As on March, 2018, the company has 17 depots, 140 super stockists, 3000+ distributors and over 2.5 lakh retail touch points. For FY18, Parag reported healthy revenue growth of 13% YoY to | 1954.5...

Parag Milk Foods Ltd. has an average target of 255.00 from 1 broker.

Parag Milk Foods Ltd.

14 May 2018

284.26

-2.30%

Result Updates

Buy: Parag Milk Foods Ltd.

Target

Angel Broking

For Q4FY2018, Parag Milk Foods (PARAG) posted decent performance with 20%/18% yoy growth in revenue/ PAT and decent margin expansion. The company is introducing many new products/ variants and improving its supply chain management which would drive 20%+ earnings growth in next two years. Outlook and Valuation: We have slightly upgraded o..

Parag Milk Foods Ltd. has gained 59.79% in the last 1 Year

Parag Milk Foods Ltd.

16 Apr 2018

284.26

-2.30%

Initiating Coverage

Buy: Parag Milk Foods Ltd.

Angel Broking

Parag Milk Foods (PARAG) is one of the leading dairy products companies in India. The company has been successful in creating strong brands like GO, Gowardhan and in introducing new products like Whey Protein. It has become the 2nd player in processed cheese (after Amul) in a short span of 10 years and commands 33% market share. Rising re..

Parag Milk Foods Ltd. has gained 34.65% in the last 3 Months

Parag Milk Foods Ltd.

08 Nov 2017

284.26

-2.30%

Parag Milk Foods Ltd - Result Update Q2FY18

Buy: Parag Milk Foods Ltd.

Target

Edelweiss

Parag Milk Foods Ltd Q2FY18 reported sales at INR 505 crore which was 6.7% higher on a yoy basis while EBITDA at INR 50 cr grew strong by 48% from INR 34 Cr in Q2FY17 with margins...

Parag Milk Foods Ltd. has gained 34.65% in the last 3 Months

Parag Milk Foods Ltd.

07 Nov 2017

284.26

-2.30%

Gr owth remains muted; declining milk prices to support margins in 2H

Neutral: Parag Milk Foods Ltd.

Target

Motilal Oswal

PARAG's net sales grew 6.7% YoY (est. of +10%) to INR5b in 2QFY18. EBITDA increased 48% YoY (est. of +10%) to INR500m. Adj. PAT grew 94.5% YoY to INR249m (est. of INR189m). This quarter's revenue also includes INR86m of mega-project incentives for two months. Milk products, Fresh milk, SMP and Others witnessed sales growth of 5.5%, 3.9%, 22.3% and 3.6%, respectively. Ghee and consumer cheese business saw good growth, while Institutional cheese and butter affected the Consumer products business. Gross margins contracted 30bp YoY to 28.1%. Lower other expenses (-330bp...

Parag Milk Foods Ltd. has gained 20.44% in the last 1 Month

Is Parag Milk Foods Ltd. worth buying?

381 Votes:

Buy 79.79%

Sell 11.29%

Hold 8.92%

RESEARCH REPORTS

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Buy SEE REPORTS >

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