Milkfood Ltd (507621) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 507621 | NSE: | Consumer Food | Small Cap

Milkfood Share Price

62.88 0.20 0.32%
as on 05-Dec'25 12:13

Milkfood Ltd (507621) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 507621 | NSE: | Consumer Food | Small Cap

DeciZen - make an informed investing decision on Milkfood

Based on:

Overall Rating
Login to view analysis. M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality


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2. Valuation


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3. Price Trend


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Milkfood stock performance -

Key Ratios
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P/E Ratio (SA):
0.00
Market Cap:
152.8 Cr.
52-wk low:
59
52-wk high:
124

Is Milkfood Ltd an attractive stock to invest in?


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10 Year X-Ray of Milkfood: Login to view analysis.

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.
Milkfood Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 11.5%8.1%11.7%12.7%9.6%6%5%9.5%8.2%7.1%-
Value Creation
Index
-0.2-0.4-0.2-0.1-0.3-0.6-0.7-0.3-0.4-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 373389491531551368316467437448419
Sales YoY Gr.-4.3%26.3%8.1%3.9%-33.3%-14.1%47.8%-6.5%2.5%-
Adj EPS 0.50.64.25.34.31.21.84.92.81.8-2.3
YoY Gr.-20.8%619%27.1%-19.8%-70.8%43.6%173%-43%-34.7%-
BVPS (₹) 18.246.250.255.459.760.962.766.784.872.369.3
Adj Net
Profit
0.91.18.210.48.32.43.59.55.74.4-6
Cash Flow from Ops. 40.526.627.333.919.613.314.2-3020.319.2-
Debt/CF from Ops. 2.33.22.61.73.85.55.1-45.65.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 2.1%-4.1%12.3%2.5%
Adj EPS 15.9%-15.7%0.6%-34.7%
BVPS16.6%3.9%4.9%-14.7%
Share Price 3.2% -7.9% -25.4% -45.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
2.71.88.7107.42.12.97.43.72.5-3.2
Op. Profit
Mgn %
5.75.55.45.34.55.44.15.14.55.32
Net Profit
Mgn %
0.30.31.721.50.71.121.31-1.3
Debt to
Equity
2.70.90.70.50.60.60.60.90.70.60.4
Working Cap
Days
107907169741181379812012157
Cash Conv.
Cycle
5759403034556746434710

Recent Performance Summary

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Latest Financials - Milkfood Ltd.

Standalone Consolidated
TTM EPS (₹) -2.3 -2.3
TTM Sales (₹ Cr.) 419 419
BVPS (₹.) 69.3 69.3
Reserves (₹ Cr.) 157 157
P/BV 0.90 0.90
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 59.00 / 124.00
All Time Low / High (₹) 1.00 / 215.05
Market Cap (₹ Cr.) 153
Equity (₹ Cr.) 12.2
Face Value (₹) 5
Industry PE 59.8

Management X-Ray of Milkfood:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Milkfood - Standalone Basis

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

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Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios of Milkfood

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales373389491531551368316467437448
Operating Expenses 352368465503527348303444417424
Manufacturing Costs15161922231618292420
Material Costs311328418445468299250373349364
Employee Cost 13131520212123252624
Other Costs 13121216151213171816
Operating Profit 21212628252013242024
Operating Profit Margin (%) 5.7%5.4%5.4%5.2%4.5%5.4%4.1%5.1%4.5%5.3%
Other Income 2100103394
Interest 1312108887101413
Depreciation 9567897677
Exceptional Items 0-400000000
Profit Before Tax 2-010139321198
Tax 112301-1223
Profit After Tax 1-18108231075
PAT Margin (%) 0.2%-0.3%1.7%1.9%1.5%0.7%1.1%2.1%1.6%1.0%
Adjusted EPS (₹)0.5-0.54.25.24.31.31.85.03.51.9
Dividend Payout Ratio (%)0%0%0%0%0%0%0%13%18%67%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 369098108117119123131174176
Share Capital 55555555512
Reserves 318593103112114118126169164
Minority Interest0000000000
Debt81756351616266107100100
Long Term Debt2219129121618716458
Short Term Debt59575142494749373642
Trade Payables20253344312816405152
Others Liabilities 6677658194101100534849
Total Liabilities 204268259285302310305331373377

Fixed Assets

Gross Block173172177186208214211220257267
Accumulated Depreciation6651218233026293541
Net Fixed Assets 107167165168185184184190222226
CWIP 2212225000
Investments 0000000000
Inventories65757568593320643234
Trade Receivables1716522335358327782
Cash Equivalents 2115311022
Others Assets 1171220223837444034
Total Assets 204268259285302310305331373377

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 40272734201314-302019
PBT 2-010139321198
Adjustment 22221715171711131116
Changes in Working Capital 17538-3-62-510-1
Tax Paid 0-0-2-2-3-1-1-30-4
Cash Flow From Investing Activity -16-9-5-10-22-8-5-71-4
Capex -16-9-5-10-22-8-5-71-4
Net Investments 0000000000
Others 0-000-000000
Cash Flow From Financing Activity -25-19-23-200-7-836-21-15
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0-40000253-7-6
Interest Paid -13-12-10-8-8-8-7-10-13-11
Dividend Paid 0000000-1-1-2
Others -12-2-12-1291-3-704
Net Cash Flow -0-1-04-2-20-100

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)2.65-1.598.669.927.462.072.897.74.682.58
ROCE (%)11.458.0611.7412.659.5964.979.498.247.05
Asset Turnover Ratio1.721.651.861.951.881.21.031.471.241.19
PAT to CFO Conversion(x)40N/A3.383.42.56.54.67-32.863.8
Working Capital Days
Receivable Days161689184364354565
Inventory Days75665649424530334027
Payable Days35262532303632274852

Milkfood Ltd Stock News

Milkfood Ltd FAQs

The current trading price of Milkfood on 05-Dec-2025 12:13 is ₹62.88.
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 04-Dec-2025 the market cap of Milkfood stood at ₹152.8.
The latest P/E ratio of Milkfood as of 04-Dec-2025 is 0.00.
The latest P/B ratio of Milkfood as of 04-Dec-2025 is 0.90.
The 52-week high of Milkfood is ₹124.0 and the 52-week low is ₹59.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Milkfood is ₹419.0 ( Cr.) .

About Milkfood Ltd

Milkfood Limited was set up in the year 1973 with the first Plant at Bahadurgarh, on the Rajpura Patiala Road in the State of Punjab. The company is promoted by Karamjit Jaiswal. The Jaiswal family are also promoters of Jagatjit Industries Limited, which has interests in Alcoholic Beverages (AC Black, Aristocrat Premium, ACP , Bonnie Scot) , Malted Foods, Plastic and Glass Bottling and Real Estate. The Group has a Gross Turnover in excess of INR 5500 Million.

The company manufactures Pure Ghee, Skimmed Milk Powder , Whole Milk Powder, and Dairy Whitener . From the intial installed capacity of 80 MT of milk processing per day at Patiala during 1974 the Company at has enhanced the processing capacity from time to time and the present milk processing capacity of all Plants is 1500 MT per day.

In the year 1987 the company commissioned its second plant at Gurgoan in the State of Haryana for the manufacture of Cultured Desserts like Long Life Yoghurts, UHT Milk , Juices etc. and Frozen Desserts Yoghurts like Ice Creams. The Ice Cream brand 'Milkfood 100% Ice cream' still conjurs up memories even years after it's sale to Hindustan Lever.

The company has taken on lease a Dairy Plant in 2003 at Hamira, Distt. Kapurthala, in the State of Punjab to supplement the production capacities by 200 MT of milk processing per day. The capacity has since been enhanced to 500 MT of Milk Processing per day.

In 2005, the company has taken expansion plans further to the State of Uttar Pradesh where a fully modernised facility has been set up at Village Agwanpur, Tehsil Moradabad to add capacity of 500 MT of milk processing per day. The plant has commenced production in November 2005.

Further expansion plans for manufacture of Export Oriented and Value added products like Casein , Demineralised Whey Powder , Whey Protien Concentrates has been initiated at the Bahadurgarh facility, which is likely to be commissioned by end of 2006. Capacity expansion will enable the Bahadurgarh plant to process 700 MT of milk per day.

Milkfood has three plants:

Patiala Plant- The plant has facilities to manufacture Anhydrous Milk Fat (Ghee) , Milk powders (Skimmed Milk Powder, Whole Milk Powder). The plant is being upgraded to manufacture value added products like Casein, Demineralised Whey powder, Lactose and Whey Protein Concentrate powders of different percentages.

Hanira Plant- The plant has facilities to manufacture Anhydrous Milk Fat (Pure Ghee) , Milk Powders (Skimmed Milk Powder , Whole Milk Powder, Dairy Whitener & Infant Foods). The plant has facility to produce powder with disc and nozzle atomization resulting into powders of low or high density. A Three stage spray drying system with facility of Lecithination helps in production of instant powders. A separate facility for production of malted food is available.

Moradabad Plant- The plant has facilities to manufacture Anhydrous Milk Fat (Pure Ghee), Milk Powders (Skimmed Milk powder, Whole Milk Powder).Among the private sector corporations in India the company is one of the largest supplier for Milk Powders to the institutions i.e Glaxo Smithkline , Cadburys, Nestle , Mother Dairy , Metro Dairy , Lotus Chocolate.

The company also exports Skimmed Milk Powder and Whole Milk Powder to the South Asian countries of Pakistan, Bangladesh , Nepal, Sri Lanka , Afghanistan and Myanamar.

For distribution of products, Redistribution depots are established at Gurgoan , Delhi , Kolkatta , Chandigarh and Mumbai apart from Agents spread over almost all states.

Products manufactured by the company include:

  • Pure Ghee
  • Skimmed Milk Powder
  • Whole Milk Powder
  • Dairy Creamer
  • Dairy Whitener

Future plans

A 100% Export Oriented Unit is being set up at the existing facilities at Bahadurgarh, Patiala to manufacture Casein which commands a premium price in Export markets of USA, Europe and Japan. India being the largest and cheapest producer of Milk holds comparative price advantage in the product which has varied applications from Food Products, Pharma to Technology products. Demineralised Whey Powder is a by product which has both a Domestic and Export market.

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