Parag Milk Foods Limited — Investor Meet, 13-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Parag Milk Foods reported Q1 FY27 revenue of 945 Cr, up 11% YoY, with 3% volume growth. EBITDA stood at 70 Cr (7.4% margin), gross profit at 258 Cr, demonstrating pass-through of higher milk prices (42/litre). Flagship categories, 61% of revenue, saw B2C growth despite overall volume dip as the company prioritizes profitability over some B2B volumes. New age brands (Pride of Cows, Avvatar) surged 59% YoY, now 13% of revenue, driven by strong volume and an expanded portfolio including Avvatar coffee. Management projects over 10% sales growth for FY27, supported by planned cheese capacity doubling to 120 MT/day and anticipated monsoon benefits for milk availability. The company maintains a strategic focus on consumer brands and profit margins.