Parag Milk Foods has reported 27% rise in consolidated net profit to Rs 27 crore on a 1% increase in revenue to Rs 758 crore in Q1 FY25 as compared with Q1 FY24.

Parag Milk posts 27% YoY jump in Q1 PAT; EBITDA at Rs 61 crore

Parag Milk Foods consolidated net profit rises 27.51% in the June 2024 quarter

Q1 Results Today: HUL, Bajaj Finance, ICICI Sec, and ICICI Pru Life will release Q1 results. HUL’s profit is estimated at Rs 2,479-2,562 crore, revenue Rs 14,925-15,451 crore. Bajaj Finance expects 26% net interest growth, 30% AUM rise. EBITDA to grow 0.4% YoY. Parag Milk Foods, Gard Furnace, Thyrocare Technologies to report, Bajaj Finance’s March profit was Rs 3,824 crore.

Q1 results today: HUL, Bajaj Finance among 34 companies to announce earnings on Tuesday

Through this, the company will be following in the footsteps of other listed players including Hatsun Agro Product, Heritage Foods, Parag Milk Foods, and Dodla Dairy

Milky Mist gears up for Rs 2,000 cr IPO at a valuation of Rs 20,000 cr

Parag’s toned milk will now cost Rs 56 instead of Rs 54, while the price of one litre Parag Gold has increased from Rs 66 to Rs 68.

After Amul And Mother Dairy, Parag Milk Foods Hikes Milk Prices

With almost 75% business coming from VAP, new age businesses, company holds potential for 20%+ revenue growth in core categories.

Parag Milk Foods - Transformation Underway With Early Signs Of Success But Long Journey Ahead: Systematix

Parag Milk Foods, a leading private dairy company, is focusing on sports nutrition and health, expanding its “Pride of Cows” single source liquid milk, and entering the daily protein segment. The company sources milk from 5 lakh farmers and handles 2 million litres a day. It is the only manufacturer…

Parag Milk bets big on sports nutrition, to expand reach of ‘Pride of Cows’ milk

63 Moons shares gained nearly 3 percent to close at Rs 207.50 with significantly higher volumes, though there was an erosion of gains from its intraday high of Rs 227.55 due to profit taking.

Bulk deals | US hedge fund picks additional 0.77% stake in 63 Moons Tech, Sixth Sense Ventures ups stake in Parag Milk Foods

Nikhil Vora, founder, Sixth Sense Fund purchased additional 6.8 lakh shares of Parag Milk Foods on June 23. As of March end, Sixth Sense already owned around 45 lakhs of fully paid-up equity shares, amounting to a 3.8 percent stake in the company.

Parag Milk Foods gains 8% after Nikhil Vora increases stake by 3.8%

Parag MIlk foods follows Mother Dairy and Amul; hikes milk prices of Gowardhan brand by Rs 2 per litre

Parag Milk foods hikes milk prices of Gowardhan brand by Rs 2 per litre

Parag Milk Foods consolidated net profit declines 51.31% in the December 2022 quarter

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Parag Milk Foods Limited, formerly Parag Milk Foods Private Limited, is engaged in manufacturing and marketing of dairy-based branded foods.