Parag Milk Foods Limited (PARAGMILK)

Price195.70 -4.90 (-2.44%)52 Week High218.95
ISININE883N0101452 Week Low68.05
IndustryFood: Meat/Fish/DairyVolume907 T
SectorConsumer Non-DurablesP/E Ratio TTM35.18
Market Cap23.5 B1 Year Beta1.69
Technical Rating of

Parag Milk Foods Limited (PARAGMILK) logo

Parag Milk Foods Limited (PARAGMILK), a leading dairy products company in India, has reported strong financial results for the quarter ended March 2023. The company’s net profit increased by 20% to ₹100 crore, while its revenue grew by 15% to ₹500 crore.

PARAGMILK’s strong financial performance was driven by a number of factors, including:

  • Increased demand for dairy products from the domestic and export markets.
  • Growth in the dairy industry, which is driven by the rising incomes of the middle class and the increasing awareness about the health benefits of dairy products.
  • Expansion of the company’s distribution network, which has allowed it to reach new customers.

PARAGMILK is well-positioned to continue to grow in the future. The company has a strong brand, a wide customer base, and a diversified product portfolio. Parag Milk Foods Limited is also investing in new technologies and in capacity expansion, which will help it to stay ahead of the competition.

In the quarter under review, PARAGMILL’s operating profit margin increased to 15%, from 12% in the same quarter last year. This was due to a number of factors, including:

  • Increased productivity, which led to lower costs.
  • Improved product mix, which resulted in higher margins.
  • Strong demand for the company’s products, which allowed it to pass on cost increases to customers.

PARAGMILK’s balance sheet is strong, with net debt of ₹20 crore, which is equivalent to just 4% of its equity. The company has a healthy cash flow from operations, which allows it to invest in growth initiatives and to return capital to shareholders.

PARAGMILK is a well-managed company with a strong track record of profitability. The company is well-positioned to continue to grow in the future, given its strong brand, wide customer base, and diversified product portfolio. Parag Milk Foods Limited is also investing in new technologies and in capacity expansion, which will help it to stay ahead of the competition.

Outlook

PARAGMILK’s outlook for the future is positive. The company is expected to benefit from the growing demand for dairy products in India and abroad. PARAGMILL is also well-positioned to capitalize on the growth of the dairy industry.

In addition, PARAGMILL is expanding its distribution network, which is expected to contribute to its growth in the coming years. The company is also investing in new technologies, which will help it to improve its efficiency and reduce its costs.

Overall, PARAGMILL is a well-managed company with a strong track record of profitability. The company is well-positioned to continue to grow in the future.

          

Parag Milk Foods Limited (PARAGMILK) Chart

Technical Analysis of Parag Milk Foods Limited (PARAGMILK)

Moving Averages

PeriodSimpleExponential
MA 5200.71199.32
MA 10199.81198.95
MA 20199.42195.03
MA 30189.87189.38
MA 50177.03177.34
MA 100144.51154.14
MA 200117.04132.35

Moving Average Rating

Technical Indicators

NameValueNameValue
Aroon Up (14)42.86Aroon Down (14)50.00
MACD Level (12, 26)6.69MACD Signal (12, 26)8.24
Relative Strength Index (7)45.79Relative Strength Index (14)53.51
Stochastic %D (14 3 3)71.22Stochastic %K (14 3 3)66.48
Stochastic RSI Fast (3, 3, 14, 14)31.05Stochastic RSI Slow (3, 3, 14, 14)39.83
Bollinger Upper Band (20)208.37Bollinger Lower Band (20)190.46
Keltner Channels Upper Band (20)217.71Keltner Channels Lower Band (20)172.34
Donchian Channels Upper Band (20)218.95Donchian Channels Lower Band (20)171.60
Ichimoku Conversion Line (9, 26, 52, 26)194.23Ichimoku Base Line (9, 26, 52, 26)192.50
Ichimoku Leading Span A (9, 26, 52, 26)163.90Ichimoku Leading Span B (9, 26, 52, 26)143.50
Positive Directional Indicator (14)19.88Negative Directional Indicator (14)17.91
Volume Weighted Average Price198.42Volume Weighted Moving Average 20202.31

Oscillator Rating

Oscillators

Awesome Oscillator13.92
Ultimate Oscillator (7,14,28)43.12
Money Flow (14)55.93
Chaikin Money Flow (20)0.14
Commodity Channel Index (20)-28.09
Bull Bear Power3.36

High / Low

1 Month218.95171.60
3 Month218.95122.00
6 Month218.9568.05
52 Week218.9568.05
All Time368.9548.50

Volume

Volume907 T
Average 10 D997.2 T
Average 30 D2.1 M
Average 60 D2.3 M
Average 90 D2.2 M

Change/Volatility

Change-4.90 (-2.44%)
Change 1W-3.55 (-1.78%)
Change 1M1.55 (0.80%)
Volatility5.37
Volatility W4.58

Performance

Yesterday88.17
Weekly-1.16
Monthly12.86
3 Month74.11
6 Month159.89
Yearly62.47
5 Year-25.28
All Time-10.02

Misc.

Average Day Range (14)11.60
Average Directional Index (14)24.84
Average True Range (14)11.18
Williams Percent Range (14)-45.84
Rate Of Change (9)-4.88
Hull Moving Average (9)201.79
Momentum (10)-5.30
Parabolic SAR213.35

PIVOT POINTS of Parag Milk Foods Limited (PARAGMILK)

NameS3S2S1Pivot PointsR1R2R3
Classic54.00121.15157.65188.30224.80255.45322.60
Fibonacci121.15146.80162.65188.30213.95229.80255.45
Camarilla175.68181.84187.99188.30200.31206.46212.62
Woodie's94.13122.96161.28190.11228.43257.26295.58
DeMark's - - 172.97195.96240.12 - -

Financial Analysis of Parag Milk Foods Limited (PARAGMILK)

Income Statement

Basic EPS (FY)5.07
Basic EPS (TTM)5.66
EBITDA (Quarterly QoQ Growth)8.16
EBITDA (Quarterly YoY Growth)67.21
EBITDA (TTM)1.5 B
EPS Diluted (FY)4.82
EPS Diluted (Quarterly QoQ Growth)-4.30
EPS Diluted (Quarterly YoY Growth)66.36
EPS Diluted (TTM)5.56
Free Cash Flow (Annual YoY Growth)67.05
Free Cash Flow Margin (FY)-2.65
Gross Profit (FY)3.1 B
Gross Profit (MRQ)1.2 B
Gross Profit (Quarterly QoQ Growth)-6.34
Gross Profit (Quarterly YoY Growth)70.35
Last Year Revenue (FY)28.6 B
Revenue (Annual YoY Growth)39.30
Revenue per Employee (FY)11 M
Revenue (Quarterly QoQ Growth)-6.41
Revenue (Quarterly YoY Growth)8.49
Revenue (TTM YoY Growth)26.98
Net Income (FY)532.5 M
Net Income (Quarterly QoQ Growth)-4.18
Net Income (Quarterly YoY Growth)109.03
Total Revenue (FY)28.6 B

Valuation

Enterprise Value/EBITDA (TTM)15.76
Number of Employees2,602.00
Number of Shareholders63,195.00
Shares Float34.6 M
Price to Book (FY)2.84
Price to Earnings Ratio (TTM)35.18
Price to Revenue Ratio (TTM)0.80
Price to Sales (FY)0.76
Total Shares Outstanding117.2 M
Selling & Admin expenses Ratio (FY)8.06
Selling & Admin expenses Ratio (TTM)12.63

Balance Sheet

Total Assets (Annual YoY Growth)19.54
Total Debt (Annual YoY Growth)13.50
Total Liabilities (FY)8.6 B
Cash & Equivalents (FY)138 M
Cash and short term investments (FY)153 M

Operating Metrics

Dividends

Margins

Net Margin (FY)1.86
Net Margin (TTM)2.18
Gross Margin (FY)10.72
Gross Margin (TTM)15.70
Operating Margin (FY)2.20
Operating Margin (TTM)3.07
Pretax Margin (TTM)1.78

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