PARAGMILK

Parag Milk Foods Share PriceParag Milk Foods

₹220.65
-2.9 (-1.3%)
As on 03 December, 2023 | 19:47 BSE: 539889 NSE: PARAGMILKISIN: INE883N01014

Parag Milk Foods Performance

Day Range

  • Low 220.00
  • High 225.20
₹ 220.65

52 Week Range

  • Low 68.05
  • High 233.95
₹ 220.65
  • Open Price225.00
  • Previous Close223.55
  • Volume444421

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Parag Milk Foods Share Price

  • Over 1 Month 2.27%
  • Over 3 Month 10.77%
  • Over 6 Month 120.65%
  • Over 1 Year 109.05%

Parag Milk Foods Key Statistics

P/E Ratio 33.1
PEG Ratio 0.3
Market Cap Cr 2,590
Price to Book Ratio 3.2
EPS 5.8
Dividend 0
Relative Strength Index 54.4
Money Flow Index 52.54
MACD Signal 2.24
Average True Range 8.68

Parag Milk Foods Investment Rating

  • Master Rating:
  • Parag Milk Foods has an operating revenue of Rs. 3,084.59 Cr. on a trailing 12-month basis. An annual revenue growth of 40% is outstanding, Pre-tax margin of 2% needs improvement, ROE of 6% is fair but needs improvement. The company has a reasonable debt to equity of 32%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 53% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 4% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 65 which is a FAIR score but needs to improve its earnings, a RS Rating of 88 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at A which is evident from recent demand for the stock, Group Rank of 79 indicates it belongs to a poor industry group of Food-Dairy Products and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Parag Milk Foods Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 787738796723654681552
Operating Expenses Qtr Cr 7346987456876136541,135
Operating Profit Qtr Cr 534051354127-582
Depreciation Qtr Cr 15141711131313
Interest Qtr Cr 17151414121312
Tax Qtr Cr -3-3-51-13-11
Net Profit Qtr Cr 271828141611-592
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 2,8882,035
Operating Expenses Annual Cr 2,7142,454
Operating Profit Annual in Cr 139-429
Depreciation Cr 5451
Interest Annual Cr 5347
Tax Annual Cr -111
Net Profit Annual Cr 68-529
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -179-146
Cash from Investing Activity Annual Cr -82-11
Cash from Financing Annual Activity Cr 196230
Net Cash Flow Annual Cr -6673
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 818549
Fixed Assets Annual Cr 320353
Total Non Current Assets Annual Cr 467440
Total Current Assets Annual Cr 1,116880
Total Assets Annual Cr 1,5831,321
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 7058
ROE Annual % 8-96
ROCE Annual % 12-59
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 6-21
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 798750801736665691562
Operating Expenses Qtr Cr 7457097647026276671,148
Operating Profit Qtr Cr 534037343824-585
Depreciation Qtr Cr 15151812141314
Interest Qtr Cr 19171215141413
Tax Qtr Cr -1-6-61-13-11
Net Profit Qtr Cr 25212291110-592
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 2,9382,093
Operating Expenses Annual Cr 2,7742,510
Operating Profit Annual in Cr 118-438
Depreciation Cr 5754
Interest Annual Cr 5551
Tax Annual Cr -210
Net Profit Annual Cr 53-532
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 56-149
Cash from Investing Activity Annual Cr -90-26
Cash from Financing Annual Activity Cr 439248
Net Cash Flow Annual Cr 40573
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 808554
Fixed Assets Annual Cr 481469
Total Non Current Assets Annual Cr 539498
Total Current Assets Annual Cr 1,129897
Total Assets Annual Cr 1,6681,395
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 6958
ROE Annual % 7-96
ROCE Annual % 10-57
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 6-20

Parag Milk Foods Technicals

EMA & SMA

Current Price
₹220.65
-2.9 (-1.3%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹217.67
  • 50 Day
  • ₹209.99
  • 100 Day
  • ₹191.09
  • 200 Day
  • ₹163.03
  • 20 Day
  • ₹219.73
  • 50 Day
  • ₹212.71
  • 100 Day
  • ₹192.89
  • 200 Day
  • ₹143.72

Parag Milk Foods Resistance and Support

PIVOT
₹221.95
Resistance
First Resistance 223.90
Second Resistance 227.15
Third Resistance 229.10
RSI 54.40
MFI 52.54
MACD Single Line 2.24
MACD 2.12
Support
First Resistance 218.70
Second Resistance 216.75
Third Resistance 213.50

Parag Milk Foods Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 509,404 32,352,248 63.51
Week 810,066 43,087,397 53.19
1 Month 669,067 33,219,174 49.65
6 Month 2,069,848 69,443,388 33.55

Parag Milk Foods Result Highlights

Parag Milk Foods Synopsis

NSE-Food-Dairy Products

Parag Milk Foods is involved in the business activities of Manufacture of dairy products. Company’s Total Operating Revenue is Rs. 2853.20 Cr. and Equity Capital is Rs. 117.20 Cr. for the Year ended 31/03/2023. Parag Milk Foods Ltd. is a Public Limited Listed company incorporated on 29/12/1992 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L15204PN1992PLC070209 and registration number is 070209.
Market Cap 2,590
Sales 3,044
Shares in Float 6.81
No of funds 41
Yield
Book Value 3.16
U/D Vol ratio 1
LTDebt / Equity 25
Alpha 0.27
Beta 1.46

Parag Milk Foods

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 41.63%41.63%41.63%41.63%
Mutual Funds 0.37%
Foreign Portfolio Investors 8.75%8.75%10.23%11.73%
Individual Investors 21.69%22.78%23.17%22.97%
Others 27.56%26.84%24.97%23.67%

Parag Milk Foods Management

Name Designation
Mr. Devendra Shah Chairman & Wholetime Director
Mr. Pritam Shah Managing Director
Mr. Narendra Ambwani Independent Director
Mr. Nitin Dhavalikar Independent Director
Ms. Radhika Dudhat Independent Director
Mr. Ramesh Chandak Independent Director
Mr. B M Vyas Non Exe.Non Ind.Director
Mr. Nikhil Vora Non Exe.Non Ind.Director

Parag Milk Foods Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Parag Milk Foods Corporate Action

Date Purpose Remarks
2023-11-09 Quarterly Results
2023-08-05 Quarterly Results
2023-04-29 Audited Results & Final Dividend
2023-01-24 Quarterly Results
2022-11-14 Quarterly Results

Parag Milk Foods MF Shareholding

Name Amount(cr)
Samco Active Momentum Fund Regular Growth 431

Parag Milk Foods FAQs

What is Share Price of Parag Milk Foods ?

Parag Milk Foods share price is ₹220 As on 03 December, 2023 | 19:33

What is the Market Cap of Parag Milk Foods ?

The Market Cap of Parag Milk Foods is ₹2589.9 Cr As on 03 December, 2023 | 19:33

What is the P/E ratio of Parag Milk Foods ?

The P/E ratio of Parag Milk Foods is 33.1 As on 03 December, 2023 | 19:33

What is the PB ratio of Parag Milk Foods ?

The PB ratio of Parag Milk Foods is 3.2 As on 03 December, 2023 | 19:33

Q2FY23