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Parag Milk Foods Ltd

Q1 FY27Food Products

Parag Milk Foods Q1 FY27 earnings call: Revenue & Margins

Q1 FY27 earnings call: what management said on revenue, margins and capex.

Price₹276
Market cap₹3.5K Cr
P/E25.8
Updated16 Oct 2026
Read3 min read

What the Q1 FY27 call signalled

1 of 3 strong

RevenueModerate growth
MarginMargins steady
CapexCapex planned

The short version

Parag Milk Foods expects to achieve sales growth of more than 10% in the fiscal year 2027, breaking the previous 10% growth benchmark. Parag Milk Foods expects sales growth to exceed 10% in FY27, breaking past their usual 10% growth band.

From Parag Milk Foods Ltd's Q1 FY27 earnings-call transcript · updated 16 Oct 2026.

Revenue & Sales Performance

Moderate growth
  • Parag Milk Foods expects to achieve sales growth of more than 10% in the fiscal year 2027, breaking the previous 10% growth benchmark. (Page 6)
  • Q1 FY27 saw 11% year-on-year value growth and 3% volume growth, indicating a positive trajectory. (Page 4)
  • Flagship categories (ghee, cheese, paneer, dahi) declined 2% in volume mainly due to transient B2B slowdown but B2C within flagship categories showed robust growth. (Page 4)
  • New age business (Pride of Cows, Avvatar) grew 59% YoY and now contributes around 13% of total revenue, up from 9% last year; this segment is expected to continue strong growth. (Page 4, 15)
  • Distribution expansion in new and existing markets is underway, particularly aimed at improving B2C growth and volume expansions. (Page 9)

2 more points from Parag Milk Foods Ltd's call on revenue

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Profitability & Margins

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Capital Expenditure Plans

Capex planned
  • Parag Milk Foods is doubling its cheese production capacity from 60 metric tons per day to 120 metric tons per day, expected to be completed by March 2028 (Page 16).
  • This capacity expansion will also drive a parallel increase in whey protein generation, tapping into growth opportunities in both cheese and whey categories (Page 16).
  • The company is working on solar power projects across various sites, including collaboration with Tata Solar Power and biogas-based energy generation from its cattle farms (Page 14).
  • Investments in renewable energy, such as solar and biogas, are ongoing to reduce costs and increase sustainability (Page 14).

Top-ranked in Food Products

Ranked on what management guided this quarter

Guidance-ranked
Rev 1Mar 1
2Hoac Foods
Rev 1Mar 1
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 2Mar 1
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Parag Milk Foods Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

See what Parag Milk Foods Ltd said on order book & pipeline — free account, 30 seconds.

Parag Milk Foods Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Q1 FY27 figures are not in this chart yet. Latest shown: Mar 2026 (Q4 FY26). The Q1 FY27 numbers from the filing are in the analysis on this page.

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹945 Cr, net profit ₹32 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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Others in Food Products this season

  • Wardwizard Foods & Beverages Ltd (Q1 FY27)

    Revenue for Q1 FY27 (June 2026 quarter) is ₹17.03 Cr, up from ₹13.20 Cr in Q1 FY26, reflecting a strong year-on-year growth. Key investor presentation takeaways

  • Chemkart India Ltd (Q1 FY27)

    Revenue from operations for Apr–Jun FY27 reported at INR 99.60 crore (INR 9,960.22 lakhs). Key investor presentation takeaways from Chemkart India Ltd's Q1 FY27

  • Sheetal Cool Products Ltd (Q1 FY27)

    Revenue from Operations for FY26: ₹366.0 Crores, up 13.9% YoY from ₹321.3 Crores in FY25 (Page 29, 5). Key investor presentation takeaways from Sheetal Cool Pro

  • Mukka Proteins Ltd (Q1 FY27)

    Q1 FY27 Revenue from Operations: ₹489.7 crore . Key concall takeaways from Mukka Proteins Ltd's Q1 FY27 earnings call — and how it ranks against sector peers.

🔎 Who's planning the most growth?

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Frequently Asked Questions

What were Parag Milk Foods Ltd Q1 FY27 results?

Parag Milk Foods expects to achieve sales growth of more than 10% in the fiscal year 2027, breaking the previous 10% growth benchmark. Parag Milk Foods expects sales growth to exceed 10% in FY27, breaking past their usual 10% growth band.

What is Parag Milk Foods Ltd share price analysis?

Parag Milk Foods Ltd currently shows a below-average growth signal. The stock trades at a P/E of 25.8 with a market cap of ₹3,469 Cr. Investors should review the full earnings analysis for detailed insights.

Is Parag Milk Foods Ltd planning capital expenditure?

Parag Milk Foods is doubling its cheese production capacity from 60 metric tons per day to 120 metric tons per day, expected to be completed by March 2028 (Page 16).

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.