P

Parag Milk Foods Limited

PARAGMILK
Market snapshot · 2026-08-12 15:34 UTC

215.79

₹-3.48 (-1.59%)

MARKET CAP

₹2.73K Cr

STOCK P/E

20.4x

52W HIGH

₹376.95

52W LOW

₹177.84

BOOK VALUE

₹100.72

EPS

₹10.57

ROE

SECTOR

Consumer Staples

DEBT/EQUITY

48.26

VOLUME

2.26L

P/B RATIO

2.14x

PEG RATIO

-0.97

Sector

Consumer Staples

Themes

FMCG - FoodsPackaged Foods
D
Dividend
E
Earnings
₹353.65₹312.79₹271.93₹231.07₹190.21VolumeDEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for PARAGMILK.

2.00 analysts

Price Forecast

Current
₹215.79
High Target
₹300.00
▲ +39.0%
Median Target
₹275.00
▲ +27.4%
Low Target
₹250.00
▲ +15.9%
Now₹215.79High ₹300.00Median ₹275.00Low ₹250.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
2 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹162.54 - ₹292.9380%
6M₹145.48 - ₹334.6480%
12M₹125.19 - ₹406.6080%
Realized vol: +46.0% · Drift: +15.0%

Revenue Forecast

₹ Cr
Jun '26Current₹920.0
Sep 2026 ETrend estimate range
High₹1,162.5Base₹1,076.4Low₹990.3
Sep '25: ₹981.0 · Dec '25: ₹984.0 · Mar '26: ₹946.0 · Jun '26: ₹920.0 · Sep '26: ₹1,076.4 · Dec '26: ₹1,079.7
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E981.0984.0946.0920.01,076.41,079.7
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹2.02
Sep 2026 ETrend estimate range
High₹4.22Base₹3.77Low₹3.32
Sep '25: ₹4.45 · Dec '25: ₹2.76 · Mar '26: ₹2.26 · Jun '26: ₹2.02 · Sep '26: ₹3.77 · Dec '26: ₹2.34
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E4.452.762.262.023.772.34
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
56%
Analyst Consensus
Positive

From 2 analysts

Mean upside+27.4%

Fundamentals

Weakening

Fundamentals institutional score is 32 using growth durability 31.7.

Valuation

Fairly valued

Valuation institutional score is 44 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Positive

Analyst View institutional score is 90 using mean target upside 27.4%; dispersion penalty 7.3; recommendation breadth from available consensus.

Technical Structure

Weak Structure

Technicals institutional score is 42 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Positive catalysts emerging

Recent news flow is skewing constructive on impact and recency. Based on 1 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. analyst consensus and market sentiment provide support, while fundamentals and valuation remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals WeakeningValuation Fairly valuedAnalyst Consensus PositiveTechnical Structure Weak StructureMarket Sentiment Positive catalysts emerging

Key Data Points

Mean Target Price275 target
Mean Upside+27.4%
Technical Score43%
Fundamental Score32%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 1.9% above historical median. Valuation is rising — currently in the undervalued zone (z-score: -0.05). Confidence: 82%.

Live forward EPS implies next-12-month EPS of ₹15.90. Applying the stock's normalized valuation corridor produces a fair range of ₹291.45 to ₹348.53, with base value near ₹318.48 (+47.6% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹15.90

Forward P/E

13.6x

Base Fair Value

₹318.48

Fair Range

₹291.45 - ₹348.53

Upside To Base

+47.6%

Estimate Source

Live forward EPS

Growth Estimate

-21.0%

P/E
Undervalued

5Y Average

16.32

Current

20.42

Overvalued

21.92

Undervalued

18.33

EV/EBITDA
Strongly Overvalued

5Y Average

8.42

Current

10.53

Overvalued

10.48

Undervalued

5.38

P/S
Strongly Overvalued

5Y Average

0.56

Current

0.70

Overvalued

0.64

Undervalued

0.47

Peers & Comparison

Sector: Consumer Staples · Theme: FMCG - Foods

FMCG - Foods Peers5 peers
Avg P/E: 38.7x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
DODLA DAIRY LIMITED
DODLAFMCG - Foods
+19.0%5.7%
25.7x
Undervalued
-34% vs avg
-20.3%
VADILAL INDUSTRIES LTD
VADILALINDFMCG - Foods
+57.0%10.3%
33.6x
Fair
-13% vs avg
+48.3%
MRS BECTORS FOOD SPE LTD
BECTORFOODFMCG - Foods
+16.0%7.0%
50.1x
Premium
+29% vs avg
-11.5%
HINDUSTAN FOODS LIMITED
HNDFDSFMCG - Foods
+20.7%3.6%
45.2x
Premium
+17% vs avg
+12.3%
KWALITY WALL'S (INDIA) L
KWILFMCG - Foods
+6.3%-19.5%
+18.4%
WHY THESE PEERS

PARAG MILK FOODS LTD. trades at a discount (20.4x vs peer avg 38.7x), suggesting potential undervaluation relative to the Fmcg - Foods cohort. Peers include DODLA DAIRY LIMITED, VADILAL INDUSTRIES LTD, MRS BECTORS FOOD SPE LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹920 CrJun 2026

Latest net profit

₹25 CrJun 2026

Latest EPS

₹2.02Jun 2026

Net margin

7.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%2.0%4.0%6.0%8.0%0.00 Cr250 Cr500 Cr750 Cr1.00K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr250 Cr500 Cr750 Cr1.00K Cr₹0₹2₹4₹6₹8
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr250 Cr500 Cr750 Cr1.00K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-750 Cr0.00 Cr750 Cr1.50K Cr2.25K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +738787789776744856869899831981984946920
Expenses +696731725739687787794837771908914888854
Operating Profit42566437566974625973715866
OPM %6%7%8%4.8%8%8%9%7%7%7%7%6%7%
Other Income +521112113519-282
Interest17201814172124241818191820
Depreciation14141413141714151416161516
Profit before tax16243211263438373359353332
Tax %-17%-11%-4%-23%-4%13%9%12%1%5%-0%15%22%
Net Profit +18273313273034323256352825
EPS in Rs1.562.292.851.122.272.502.862.722.714.452.762.262.02
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderDec 2024Mar 2025Sep 2025Dec 2025Mar 2026
Promoters42.61%42.61%42.61%40.65%40.65%
FII8.20%8.46%9.92%9.26%8.77%
DII6.99%6.98%6.74%6.24%5.33%
Public29.37%29.57%28.44%27.32%28.46%
Others12.83%12.38%12.29%16.53%16.79%
Mar 2026
Promoters
FII
DII
Public
Others

Events Timeline

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 10, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Aug 07, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Aug 07, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Monitoring Agency Report

Aug 07, 2026PDFCompany Reports Open

Statement Of No Deviation(S) Or Variation(S) For Quarter Ended June 30, 2026

Aug 07, 2026PDFCompany Reports Open