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Milky Mist Dairy Food Ltd (MILKYMIST)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: MILKYMIST Consumer Food | | Milky Mist Dairy Share Price

BSE Share Price
Not Listed

Milky Mist Dairy Food Ltd (MILKYMIST)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: MILKYMIST Consumer Food | | Milky Mist Dairy Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹0 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
-
TTM Sales
-
Book Value per Share
-
P/E Ratio
Industry PE
-
Price to Book (P/B)
Price to Sales (P/S)
EV/EBITDA
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
32.02%
Return on Capital Employed (ROCE)
13.65%
Return on Assets (ROA)
5.20%
Operating Profit Margin
13.5%
Net Profit Margin
3.99%
Gross Profit Margin
9.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
34.75%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
40.89%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
185.99%
Asset Quality
Promoter Holding
%
Pledged shares (%) of Promoter's holding (%)
%
Reserves
-
Equity
-
Face Value
-
All Time Low / High
- / -

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 7.3%13.6%15.4%14.4%14.5%9.8%11.3%13.7%-

Growth Parameters

Sales 5067249281,0121,4321,8032,3283,1370
Sales YoY Gr.-43%28.3%9%41.5%26%29.1%34.8%-
Adj EPS 0.30.10.40.60.40.30.720
YoY Gr.--75.8%412.5%34.2%-20%-36.4%150%178.6%-
BVPS (₹) 1.21.31.62.42.94.55.27.10
Adj Net
Profit
20.75.325.934.927.817.744.1125NAN
Cash Flow from Ops. 15.858.5135118196140309298-
Debt/CF from Ops. 23.97.93.44.64.17.44.55.6-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NA27.6%29.9%34.8%
Adj EPS NA36.6%64.3%178.6%
BVPSNA34%35%36.6%
Share Price - - - -

Key Financial Parameters

Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
28.3728.427.316.67.614.331.70
Op. Profit
Mgn %
11.416.815.415.313.711.91313.6NAN
Net Profit
Mgn %
4.10.72.83.51.911.94NAN
Debt to
Equity
5.25.84.53.64.43.64.23.7-
Working Cap
Days
0535561535364610
Cash Conv.
Cycle
0213037333534330

Valuation of Milky Mist Dairy - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

No Data To Display

Promoter's Holding & Share Pledging

Financials

PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales506.32723.84928.291,011.871,431.651,803.152,328.343,137.41
Operating Expenses + 448.65602.32785.44857.381,235.731,588.702,027.302,713.28
Manufacturing Costs33.784634.5188.38118.64180.13230.84285.12
Material Costs347.15459.32598.19594.47865.781,147.641,411.581,942.65
Employee Cost 22.9234.2839.8354.5576.56109.29137.98184.64
Other Costs 44.8162.72112.90119.97174.76151.63246.91300.88
Operating Profit 57.66121.52142.85154.50195.92214.46301.04424.13
Operating Profit Margin (%) 11.4%16.8%15.4%15.3%13.7%11.9%12.9%13.5%
Other Income + 0.491.051.172.725.025.014.996.01
Exceptional Items 00-4.20-4.950000
Interest 15.5643.6046.7240.8257.9871.9285.95105.57
Depreciation 25.4355.4854.4361.2478.75106.65135.60168.78
Profit Before Tax 17.1623.4938.6650.2264.2140.8984.47155.78
Tax -3.5717.6815.5318.4736.1922.7240.7130.63
Profit After Tax 20.735.8123.1331.7528.0218.1743.76125.15
PAT Margin (%) 4.1%0.8%2.5%3.1%2.0%1.0%1.9%4.0%
Adjusted EPS (₹)0.30.10.40.50.40.30.72.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 73.1778.97103.10153.34181.36285.72329.14455.12
Share Capital 3.503.503.503.573.573.57128.46128.46
Reserves 69.6775.4799.60149.77177.79282.15200.68326.67
Debt +355.13423.40464.25477.26718.08898.961,247.791,486.11
Long Term Debt327.68396.43353.05395.94626.27718.241,030.071,236
Short Term Debt27.4526.96111.2081.3291.81180.72217.72250.11
Minority Interest00000000
Trade Payables4.919.9520.0320.5328.8546.6395.50109.87
Others Liabilities 107.81113.83101.03171.64264.38375.15474.57617.69
Total Liabilities 541.03626.15688.41822.771,192.671,606.472,1472,668.80

Fixed Assets

Net Fixed Assets +416.30466.70527.87561.01803.491,137.731,330.991,661.32
Gross Block476.16595.84711.11805.211,125.681,567.911,893.922,390.59
Accumulated Depreciation59.87129.14183.24244.21322.19430.18562.93729.26
CWIP 34.8616.718.1069.02148.5195.14240.69371.31
Investments 000007.137.137.13
Inventories19.2137.6477.7567.28104.04207.32260.82342.47
Trade Receivables13.3231.4539.3165.8972.7480.97101.23176.89
Cash Equivalents 8.7315.551.897.3112.4315.9920.7413.58
Others Assets 48.6058.1133.4952.2751.4562.19185.4096.10
Total Assets 541.03626.15688.41822.771,192.671,606.472,1472,668.80
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 15.8258.49135117.97196.33140.28308.65298.21
PBT 17.1623.4938.6650.2264.2140.8984.47155.78
Adjustment 39.9698.77104.68102.99136.95191.26239.35306.75
Changes in Working Capital -44.87-59.920.14-16.117.92-85.19-0.27-133.62
Tax Paid 3.57-3.84-8.47-19.13-12.75-6.68-14.90-30.70
Cash Flow From Investing Activity + -166.95-90.67-106.99-172.06-393.08-289.36-541.56-464.03
Capex -167.34-90.98-107.30-155.22-400.78-291.03-589.60-462.55
Net Investments 00000000
Others 0.390.300.31-16.847.701.6748.04-1.48
Cash Flow From Financing Activity + 155.0839-41.6759.50201.87151.54235.57162.51
Net Proceeds from Shares 1.500100000
Net Proceeds from Borrowing 158.2383.09-25.6157.15249.36151.71301.54260.31
Interest Paid -14.92-43.60-46.72-40.82-57.98-84.50-101.26-128.47
Dividend Paid 00000000
Others 10.27-0.4929.6743.1810.5084.3335.2830.67
Net Cash Flow 3.956.81-13.655.415.122.452.65-3.30
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)28.347.6425.4124.7716.757.7814.2932.02
ROCE (%)7.2613.5515.4314.3914.519.7811.2813.65
Asset Turnover Ratio0.941.241.411.341.421.421.361.45
PAT to CFO Conversion(x)0.7610.075.843.727.017.727.052.38
Working Capital Days
Receivable Days9.6011.3013.901917.7014.101314.60
Inventory Days13.9014.3022.7026.2021.8028.6033.4031.60
Payable Days5.205.909.2012.5010.401218.4019.30

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Milky Mist Dairy Food Ltd FAQs

The current trading price of Milky Mist Dairy on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Milky Mist Dairy stood at ₹0.00 Cr

The latest P/E ratio of Milky Mist Dairy as of 31-Dec-1969 is 0.00.

The latest P/B ratio of Milky Mist Dairy as of 31-Dec-1969 is 0.00.

The 52-week high of Milky Mist Dairy is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Milky Mist Dairy is ₹0.00 ( Cr.) .

Data is not available for this company.

No data found

No data found

About Milky Mist Dairy Food Ltd

Milky Mist Dairy Food was initially formed as a partnership firm as ‘M.M.D. Dairy’, on February 1, 1999, pursuant to a deed of partnership dated November 30, 1998. The name of the partnership firm was changed to ‘Milky Mist Dairy Food’ on August 2, 2006. The partnership firm was subsequently converted and the company was incorporated as a private limited company under the name ‘Milky Mist Dairy Food Private Limited’ on July 10, 2014. Subsequently, the company was converted into a public limited company as approved by a resolution of the board dated May 15, 2025, and a special resolution of the shareholders dated May 16, 2025 following which the name of the company was changed to ‘Milky Mist Dairy Food Limited’ on May 26, 2025. 

The company is engaged in the business of procurement of milk, undertakes processing of milk and manufacture of various value-added products. It has diversified its product categories to include various value-added dairy products, such as cheese, paneer, butter, curd, ghee, yogurt, ice cream, ultra-high temperature (UHT) long-shelf life products, and other products, including frozen foods, ready-to-eat (RTE) and ready-to-cook (RTC) products, as well as chocolates. The company offers its products under its umbrella brand ‘Milky Mist’, and sub-brand such as ‘SmartChef’, ‘Capella’, and ‘Misty Lite’, and has acquired brands such as ‘Briyas’ and ‘Asal’.

The company has an integrated farm to retail infrastructure. It sources the majority of raw milk, its primarily raw material, directly from farmers. It manages its own logistics to ensure that its diverse product range, which requires chilled, ambient, or frozen conditions, maintains its quality from procurement of the raw materials to the point of sale of its products. Its fleet comprises milk vans for transporting milk from farmers to manufacturing facility, reefer trucks with in-built refrigeration for carrying perishable products that require specific temperature control from manufacturing facility to distributors, ambient trucks for transporting non-perishable products from manufacturing facility to distributors.

Business area of the company 

The company is engaged in the business of procurement of milk, undertakes processing of milk and manufacture of various value-added products namely paneer, cheese, curd, butter, ghee, fresh cream, milk powder, flavoured milk, lassi, etc. which are marketed under its brand name ‘Milky Mist’.

Products of the company

  • Paneer
  • Cheese
  • Curd
  • Ice-cream
  • Ghee
  • Butter
  • UHT long-shelf life products
  • Yoghurt
  • Powder
  • Khova
  • Others products (include chocolate, condensed milk, butter milk and desserts)

Awards, accreditations and recognition 

  • 2022: Award for ‘Excellence in Business Practices’ by Coimbatore Management Association.

History and milestones

  • 2009: Diversified its product portfolio to include products such as ghee, butter, khova, and curd.
  • 2010-11: Diversified its product portfolio to include products such as yogurt and cheese.
  • 2017: Diversified its product portfolio to include whey powder.
  • 2018: Set up the ‘Milky Mist Mega Plant’ Manufacturing Facility at Perundurai, Erode.
  • 2020: Expanded its product portfolio with the launch of dairy whitener, cream cheese, probiotic curd, UHT range of products, and launched frozen foods under the ‘SmartChef’ brand.
  • 2022: Started in-house manufacturing of UHT range of products.
  • 2022: Expanded its product portfolio with the launch of fat spread under the ‘Misty Lite’ brand.
  • 2022: Expanded its product portfolio with the launch of greek yogurt and ‘Skyr’ high protein yogurt.
  • 2023: Expanded its product portfolio with the launch of ice cream, chocolate and sweetened condensed milk products.
  • 2025: Acquisition of certain assets and trademarks of Briyas Foods Private Limited.
  • 2025: Acquisition of 100% shareholding of Asal Food Products Private Limited.
  • 2025: Allotment of a land parcel from Maharashtra Industrial Development Corporation for a total consideration of Rs 490.65 million, for setting up a facility of milk processing, dairy and food products.
  • 2026: Investment by Jongsong Investments Pte. Ltd. (an indirect wholly owned subsidiary of Temasek Holdings Private Limited) by way of the Pre-IPO Placement and certain secondary transactions, in the company.

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