MILKYMISTFast Moving Consumer Goods

Milky Mist Dairy Food Limited

Dairy Products · ISIN INE00IT01020 · BSE 544868 · NSE BE · FV ₹2
Last price
₹303
+1.27%today
What this company does

Milky Mist Dairy Food Limited operates in Dairy Products, part of the Fast Moving Consumer Goods sector. It booked ₹1,089 cr of revenue in its latest quarter (Q2 FY27) and kept 7.2% of sales as profit. It is the 2nd largest of 8 Dairy Products companies we track, by market value.

49out of 100
Equitytale Health Score
Mixed

Healthier than 49% of companies in Fast Moving Consumer Goods, on the 4 of 6 measures we could read for it. Each measure is ranked against the 123–149 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
53

At close. Not part of the score.

Profitability & returns53

How much profit it earns on the money it employs

Balance sheet52

How much it owes, and whether earnings cover the interest

Valuation12

What today's price implies, against our models or its peers

Governance & risk88

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: cash quality, growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Promoters hold 80%
✓ No promoter shares pledged
✓ Turns profit into real cash
Watch-outs
! Thin 7.2% net margin

What if I invest in MILKYMIST?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹303▲ +1.27%
latest close · 2026-11-04
52-wk low ₹16554 sessions so far52-wk high ₹342
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio68.8High
LowAverageHigh
P/B ratio9.82High
Below bookModerateHigh
EV / EBITDA36.5High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity13.1%Fair
WeakFairStrong ▸15%
Return on capital13.2%Fair
WeakFairStrong
Net margin7.2%Decent
ThinDecentStrong
EBITDA margin15.2%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.38Comfortable
LowModerateHigh ▸1
Interest cover5.5×Strong
RiskyOkayStrong ▸5×
Current ratio2.98Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹23,292 cr
Book value
₹31
EPS
₹1.10
latest quarter
Net debt
₹830 cr
owes more than its cash
Enterprise value
₹24,122 cr
EBITDA
₹661 cr
annualised
EBIT
₹441 cr
annualised
Operating margin
10.1%
Return on assets
8.0%
Earnings yield
1.45%
P/S
5.35
Sales / share
₹56.6
Tax rate
13.7%
Face value
₹2
Shares
77.0 cr
Working capital
₹1,101 cr
Current assets
₹1,657 cr
Current liabilities
₹556 cr
Delivery %
28.4%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
We haven't parsed this company's annual profit history yet — common for banks and insurers, whose results file in a different format — so we can't value it off earnings.
Models span ₹35–₹35, midpoint ₹35

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹1,089 cr
Other Income₹8 cr
Total Income₹1,097 cr
Cost of Materials₹758 cr
Purchases of Stock-in-Trade₹20 cr
Inventory Change (±)₹-58 cr
Employee Benefit Expense₹58 cr
Finance Costs₹20 cr
Depreciation & Amortisation₹55 cr
Other Expenses₹153 cr
Total Expenses₹1,007 cr
Profit before Tax₹90 cr
Tax Expense₹12 cr
Net Profit₹78 cr
Net margin on total income7.1%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹721 cr65.7%
Employee benefit expense₹58 cr5.3%
Finance costs₹20 cr1.8%
Depreciation & amortisation₹55 cr5.0%
Other expenses₹153 cr14.0%
Tax expense₹12 cr1.1%
Profit for the period₹78 cr7.1%
Total income ₹1,097 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ1 FY27Q2 FY27
Revenue973 cr1,089 cr
Total income975 cr1,097 cr
Expenses901 cr1,007 cr
Profit before tax74 cr90 cr
Tax9 cr12 cr
Net profit (owners' share)64 cr78 cr
Net margin (owners' share, on revenue)6.6%7.2%
EPS (₹)1.011.10
Balance sheet & cash flow · as of Sep 2026
Low debt
Total assets
₹3,889 cr
Shareholder equity
₹2,371 cr
parent shareholders
Total debt
₹906 cr
Cash
₹75 cr
Cash flow · H1 FY27
Operating
₹229 cr
Investing
₹-302 cr
Financing
₹137 cr
Peer comparison
Dairy Products · by market value
CompanyPriceMarket capP/E
Hatsun Agro Product Limited₹1,033₹23,011 cr94.9
Milky Mist Dairy Food Limitedthis company₹299₹22,999 cr67.9
Kwality Wall's (India) Limited₹38₹8,836 cr42.7
Dodla Dairy Limited₹1,025₹6,187 cr42.3
Vadilal Industries Limited₹7,331₹5,271 cr24.0
Heritage Foods Limited₹370₹3,433 cr27.4
Parag Milk Foods Limited₹250₹3,119 cr35.4
Sheetal Cool Products Limited₹549₹576 cr20.6
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-09-30
No pledge
Promoter
79.5%
FII / Foreign
2.9%
DII / Domestic
6.8%
Retail / others
10.8%
Smart-money activity
Bulk / block deals
SoldJUNOMONETA FINSOL PRIVATE LIMITED · NSE42.07 L @ ₹223.5327 Aug 26
BoughtJUNOMONETA FINSOL PRIVATE LIMITED · NSE42.05 L @ ₹223.427 Aug 26
Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 8 named members
owning 79.5% between them · as of 2026-09-30
S ANITHA42.46%
SATHISHKUMAR THANGAMUTHU33.46%
TAURUS FAMILY PRIVATE TRUST (TRUSTEE S ANITHA)1.62%
AQUARIUS FAMILY PRIVATE TRUST (TRUSTEE SATHISHKUMAR T)1.38%
NITIN THANGAMUTHU SATHISH KUMAR0.29%
THANGAMUTHU SATHISHKUMAR SHANJAY0.29%
CHINNAPPAN SHANMUGASUNDARAM SHIVAKUMARno shares
RATHEPRIYA MANOHARANno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹1,428 cr raised in Aug 2026 by selling shares to the public

As of Sep 2026, the company says it has spent 41% of what it set aside, leaving ₹839 cr still to be spent. Crisil Rating Limited watches the spending on the exchange’s behalf.

Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our Company
98%
₹485 cr of ₹497 cr
Financing the capital expenditure requirements in relation to the expansion and modernisation of our Perundurai Manufacturing Facility
7%
₹31 cr of ₹469 cr
Deployment of visi coolers, ice cream freezers and chocolate coolers
0%
₹0 cr of ₹155 cr
General corporate purposes
35%
₹73 cr of ₹207 cr
Issue Expenses
0%
₹0 cr of ₹100 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.