Arthneeti

Milkfood Share Price & Earnings Call Analysis

₹96.51+1.98% today
Market cap
₹247 Cr
P/E
4.52
ROE
22.12%
PEG
0.06
Price to sales
0.55
Debt to equity
0.44
52W high / low
₹94.6 / ₹45.7
Sales growth (5Y)
2.34%
EBITDA margin
4.38%
Net profit margin
10.73%
Promoter holding
54.04%
Sales (last year)
₹448 Cr

Incorporated in 1973, Milkfood Ltd manufactures and sells dairy products[1]

Potential multibaggers · Q2 FY27

Potential multibaggers in Food Products
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Milkfood rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Food Products companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹23,562 Cr134.3
240%+Up 2%+₹435 Cr7.5
340%+Up 2%+₹413 Cr72.6
440%+Flat₹1,012 Cr46.0
540%+Flat₹148 Cr9.8
620–40%Up 2%+₹670 Cr48.3

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Pro shows every company guiding 40%+ revenue growth →Full Food Products ranking

Financials of Milkfood

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Milkfood

Quarterly Results

Quarter-by-quarter operating performance

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales +103.40150.40133.4594.46105.80114.98121.6996.0580.40113.28158.0373.6674.05
Expenses +96.68142.58124.9394.8299.96108.36114.1190.1674.42109.84149.7374.7276.38
Operating Profit6.727.828.52-0.365.846.627.585.895.983.448.30-1.06-2.33
OPM %6.50%5.20%6.38%-0.38%5.52%5.76%6.23%6.13%7.44%3.04%5.25%-1.44%-3.15%
Other Income +3.240.370.143.742.570.023.060.020.001.280.595.550.10
Interest2.062.653.303.473.373.333.363.223.181.163.273.223.49
Depreciation1.541.681.651.721.721.691.591.671.651.831.951.962.14
Profit before tax6.363.863.71-1.813.321.625.691.021.151.733.67-0.69-7.86
Tax %22.48%15.28%8.63%-23.76%-3.92%27.78%31.81%42.16%21.74%63.58%34.33%0.00%0.00%
Net Profit +4.933.273.39-1.383.451.173.880.590.900.632.41-0.69-7.86
EPS in Rs2.521.671.73-0.701.760.571.880.240.370.260.99-0.28-3.22

Financials of Milkfood

Profit & Loss

Annual income statement trend

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales +431371373389491531551368316467437448419
Expenses +427355352368465503527348303444417424411
Operating Profit416212126282520132420248
OPM %1%4%6%5%5%5%4%5%4%5%4%5%2%
Other Income +1622-4001034928
Interest119131210888710141111
Depreciation6695678976778
Profit before tax322-010139321198-3
Tax %57%42%39%1,150%16%23%4%25%-51%15%19%40%
Net Profit +111-18108231075-6
EPS in Rs0.600.510.47-0.514.165.224.281.241.784.973.461.85-2.25
Dividend Payout %0%0%0%0%0%0%0%0%0%13%18%68%

Financials of Milkfood

Balance Sheet

Capital structure and asset base

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital555555555551212
Reserves2930318593103112114118128170164157
Borrowings +818394857159767373122116118128
Other Liabilities +10511374939011510811810974808168
Total Liabilities220231204268259283300309304329371375365
Fixed Assets +100101107165163166183184184190222226225
CWIP2122122250001
Investments0000000000000
Other Assets +1171289510194115116124115139149149139
Total Assets220231204268259283300309304329371375365

Financials of Milkfood

Cash Flows

Operating, investing and financing cash movement

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +22640272734201314-302019
Cash from Investing Activity +-8-6-16-9-5-10-22-8-5-71-4
Cash from Financing Activity +-131-25-19-23-200-7-836-21-15
Net Cash Flow01-0-1-04-2-20-100
Free Cash Flow9-125182324-268-372115
CFO/OP596%36%190%126%110%130%92%71%118%-114%102%98%

Financials of Milkfood

Ratios

Working capital efficiency and return ratios

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days7151715415225366256467
Inventory Days8210476846356464029633434
Days Payable414624282837253423395452
Cash Conversion Cycle477369713935435972494448
Working Capital Days-35-71-6202030232016
ROCE %12%10%11%11%12%13%9%6%5%9%7%6%

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