Parag Milk Foods Q1 FY26 Revenue Up 12% Y-o-Y, Driven by Core Categories
The financial performance and strategic initiatives discussed in the announcement are likely to have a moderate positive effect on the company's stock and investor confidence.
The announcement highlights strong revenue growth, market leadership in key categories, and expansion in new business segments, indicating a positive outlook for the company.
* Parag Milk Foods reported its highest ever first quarter revenue of ₹852 crore, a 12% year-on-year growth. * This growth was driven by a 9% volume expansion and 14% value growth in core categories: cheese, ghee, and paneer, contributing 57% of total revenue. * Gowardhan ghee holds a 22% market share in the branded cow-ghee segment, and Go cheese holds a 35% market share in the cheese category. * Average milk price increased by 18% Y-o-Y to ₹37 per litre, while EBITDA grew by 6% with a margin of 7.7%. * Average milk procurement reached 16.5 lakh litres per day, a 10% increase over the last quarter. * Gross profit margins improved sequentially from 25.1% in Q4 FY25 to 27.4% in Q1 FY26. * New age business contributes approximately 9% of total revenue, up from 6% last year. Avvatar and Pride of Cows brands exhibited robust growth of 57% Y-o-Y. * The Indian sports nutrition Whey protein market is valued at ₹1,600 crore and is growing at a CAGR of 30%. * Pride of Cows reported a 36% value growth driven by new product launches and deeper penetration through quick commerce platforms.
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Parag Milk Foods Limited filed this with the NSE as a statutory disclosure, categorised under results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Parag Milk Foods Limited. Read the original for the full detail.