About Milk Food
Milk Food is a publicly listed company based in Delhi (India) founded in 1973. Producer and seller of dairy products. The company has 170 employees. Its chief executive, as recorded, is Sudhir Avasthi. Its Indian entity Milkfood Limited reported revenue of ₹485 Cr. Its focus areas include Food and Agriculture, Food & Beverage Products, Dairy and Multi-category. Its competitors include Sid's Farm, Dodla Dairy and Desi Farms; 3 of its 3 listed competitors have raised funding.
Company details
Milk Foods is a unit JagatJit Group. The products include: Skimmed Milk Powder, Full Cream Milk Powder, Acid Casein, Dairy Creamers, Pure Ghee, Dimineralised Whey Powders. Casein and Whey Powder are used in the production of Chocolates, Ice cream, Coffee Whiteners, Health Supplements, Infant Food, Nutritional Beverages, Cheese. Wide range of domestic and international clients including companies like GSK, ITC, Aditya Birla. NSE and BSE listed company.
- Headquarters Delhi, India
- Employees 170
- Stage Public
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website milkfoodltd.com
- Legal Name Milkfood Ltd.
- Market Cap₹270 Cr
MLKFOOD · NSE
- Share Price₹97.17
-0.06% today
- Revenue₹448 Cr
FY 2024-25 · +2.5% YoY
- EBITDA₹23.62 Cr
Margin 5.3%
- Net Profit₹4.42 Cr
FY 2024-25 · -27.5% YoY
- ROE2.6%
ROCE 6.0%
- Debt / Equity0.67
Interest cover 65.6x
- Employee Count170
Associated legal entities of Milk Food
Milk Food is associated with 3 registered companies on The Company Check; the primary company is Milkfood Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Milkfood Limited Listed CIN L15201PB1973PLC003746 | Active | 31 Mar 1973 | Patiala, Punjab | ₹485 Cr | 270 | 8 | View details |
| Mfl Trading Private Limited CIN U51109DL2010PTC208069 | Under Process Of Striking Off | 09 Sep 2010 | New Delhi, Delhi | 3 | View details | ||
| Ispace Developers Private Limited CIN U74110DL2007PTC161362 | Active | 29 Mar 2007 | New Delhi, Delhi | ₹85.3 Cr | 1 | 5 | View details |
Board of directors of Milkfood Limited (Milk Food)
Milkfood Limited is the primary company behind Milk Food. The boards of the 3 registered companies of Milk Food currently have 12 directors; the longest-serving is Ravi Manchanda, appointed in 2009. 37 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ravi Manchanda DIN 00152760 | Director | 20 Oct 2009 | 17 yrs | Ispace Developers Private Limited |
| Hemant Kumar DIN 07739437 | Director | 01 Mar 2017 | 9 yrs 8 mo | Mfl Trading Private Limited |
| Rakesh Kumar Thakur DIN 07743523 | Director | 01 Mar 2017 | 9 yrs 8 mo | Mfl Trading Private Limited |
| Nawal Kumar DIN 07719264 | Director | 01 Mar 2017 | 9 yrs 8 mo | Mfl Trading Private Limited |
| Preeti Mathur DIN 07951647 | Director | 29 Sep 2017 | 9 yrs 1 mo | Milkfood Limited |
| Harmesh Mohan Sood DIN 07951620 | Director | 29 Sep 2017 | 9 yrs 1 mo | Milkfood Limited |
| Anil Girotra DIN 00110631 | Director | 13 Feb 2020 | 6 yrs 8 mo | Milkfood Limited |
| Sudhir Avasthi DIN 00152375 | Managing Director | 01 Jul 2021 | 5 yrs 4 mo | Milkfood Limited |
| Karamjit Jaiswal DIN 00111288 | Whole-time director | 13 Jul 2022 | 4 yrs 3 mo | Ispace Developers Private Limited |
| Mukesh Kumar DIN 10041384 | Director | 16 Mar 2023 | 3 yrs 7 mo | Ispace Developers Private Limited |
| Namita Swain DIN 10211413 | Director | 07 Jul 2023 | 3 yrs 4 mo | Milkfood Limited |
| Jyotsna Bhatnagar DIN 11147240 | Director | 12 Aug 2025 | 1 yr 2 mo | Milkfood Limited |
People of Milk Food
1 people are tracked at Milk Food (1 in leadership); the tracked headcount is 170.
| Name | Role | Group |
|---|---|---|
| CEO | Leadership |
Complete people profiles for Milk Food
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Milk Food
Milk Food is a publicly listed company on the BSE with ticker symbol MLKFOOD in India, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date17 Sep 2004
- Listed onBSE: 507621
- Listed entityMilkfood Ltd.
- Exchange sectorConsumer non-durables
- ISININE588G01021
- Share price₹62.79 (+2.1% on the day) · 2026-05-11
- Market capitalisation₹150 Cr
- Price to earnings4.8
- EPS (diluted, trailing year)₹-1.97
- Volume (last session)3,998
- Analyst consensusNo rating
Financials of Milk Food
Exchange-reported figures of Milkfood Limited, the listed company behind Milk Food (NSE: MLKFOOD).
Financial Highlights
FY 2024-25 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 448 | 437 | 467 | 316 | 368 | 551 | 531 |
| Revenue growth | +2.5% | -6.5% | +47.8% | -14.1% | -33.3% | +3.9% | - |
| EBITDA | 23.62 | 19.68 | 23.80 | 13.02 | 19.83 | 24.67 | 27.76 |
| EBITDA margin | +5.3% | +4.5% | +5.1% | +4.1% | +5.4% | +4.5% | +5.2% |
| Profit before tax | 7.57 | 8.82 | 11.49 | 2.31 | 3.26 | 8.77 | 13.36 |
| Net profit | 4.42 | 6.10 | 9.47 | 3.47 | 2.43 | 8.34 | 10.32 |
| Net profit margin | +1.0% | +1.4% | +2.0% | +1.1% | +0.7% | +1.5% | +2.0% |
| EPS (₹) | 1.85 | 13.88 | 19.94 | 7.14 | 4.99 | 17.16 | 20.92 |
| Balance sheet | |||||||
| Total assets | 309 | 305 | 275 | 276 | 267 | 256 | 228 |
| Net worth | 176 | 175 | 133 | 123 | 119 | 117 | 108 |
| Total debt | 118 | 116 | 122 | 72.56 | 73.60 | 75.89 | 58.96 |
| Cash & bank | 1.64 | 2.44 | 0.43 | 1.40 | 0.92 | 2.58 | 4.61 |
| Net working capital | 78.48 | 77.77 | 80.08 | 82.76 | 78.88 | 66.28 | 57.43 |
| Cash flow | |||||||
| Cash from operations | 19.24 | 20.34 | (30.02) | 14.20 | 13.33 | 19.64 | 33.91 |
| Cash from investing | (3.95) | 0.68 | (7.13) | (5.40) | (7.54) | (21.85) | (10.14) |
| Cash from financing | (15.19) | (20.96) | 35.86 | (8.32) | (7.45) | 0.18 | (19.91) |
| Particulars | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 74.05 | 73.66 | 158 | 113 | 80.40 | 96.05 | 122 | 115 |
| Revenue growth (YoY) | -7.9% | -23.3% | +29.9% | -1.5% | -24.0% | - | - | - |
| Other income | 0.10 | 5.55 | 0.59 | 1.28 | 0.00 | 0.02 | 3.06 | 0.02 |
| EBITDA | (2.33) | (1.06) | 8.30 | 3.44 | 5.98 | 5.89 | 7.58 | 6.62 |
| EBITDA margin | -3.1% | -1.4% | +5.3% | +3.0% | +7.4% | +6.1% | +6.2% | +5.8% |
| Depreciation | 2.14 | 1.96 | 1.95 | 1.83 | 1.65 | 1.67 | 1.59 | 1.69 |
| Interest | 3.49 | 3.22 | 3.27 | 1.16 | 3.18 | 3.22 | 3.36 | 3.33 |
| Profit before tax | (7.86) | (0.69) | 3.67 | 1.73 | 1.15 | 1.02 | 5.69 | 1.62 |
| Tax | 0.00 | 0.00 | 1.26 | 1.10 | 0.25 | 0.43 | 1.81 | 0.45 |
| Net profit | (7.86) | (0.69) | 2.41 | 0.63 | 0.90 | 0.59 | 3.88 | 1.17 |
| EPS (₹) | (3.22) | (0.28) | 0.99 | 0.26 | 0.37 | 1.02 | 7.77 | 2.31 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 413 | 448 | 437 | 467 | 316 | 368 | 551 |
| Revenue growth | -7.8% | +2.5% | -6.5% | +47.8% | -14.1% | -33.3% | - |
| EBITDA | 6.35 | 23.63 | 19.68 | 23.80 | 13.02 | 19.83 | 24.67 |
| EBITDA margin | +1.5% | +5.3% | +4.5% | +5.1% | +4.1% | +5.4% | +4.5% |
| Profit before tax | 57.09 | 7.58 | 8.82 | 11.49 | 2.31 | 3.26 | 8.77 |
| Net profit | 44.29 | 4.33 | 6.10 | 9.47 | 3.47 | 2.43 | 8.34 |
| Net profit margin | +10.7% | +1.0% | +1.4% | +2.0% | +1.1% | +0.7% | +1.5% |
| EPS (₹) | 18.17 | 1.85 | 13.88 | 19.94 | 7.14 | 4.99 | 17.16 |
| Balance sheet | |||||||
| Total assets | 345 | 309 | 305 | 275 | 276 | 267 | 256 |
| Net worth | 224 | 176 | 175 | 133 | 123 | 119 | 117 |
| Total debt | 110 | 118 | 116 | 122 | 72.56 | 72.87 | 75.89 |
| Cash & bank | 1.01 | 1.64 | 2.44 | 0.43 | 1.40 | 0.92 | 2.58 |
| Net working capital | 166 | 78.49 | 77.78 | 80.10 | 82.77 | 78.39 | 66.29 |
| Cash flow | |||||||
| Cash from operations | (105) | 19.24 | 20.34 | (30.02) | 14.20 | 13.33 | 19.64 |
| Cash from investing | 126 | (3.95) | 0.68 | (7.13) | (5.40) | (7.54) | (21.85) |
| Cash from financing | (20.89) | (15.19) | (20.96) | 35.86 | (8.32) | (7.45) | 0.18 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 101 | 81.22 | 179 | 86.29 | 74.05 | 73.66 | 158 | 113 |
| Revenue growth (YoY) | +36.6% | +10.3% | +13.2% | -23.8% | -7.9% | -23.3% | - | - |
| Other income | 0.04 | 0.89 | 66.00 | 0.01 | 0.10 | 5.55 | 0.59 | 1.28 |
| Total expenses | 94.99 | 77.98 | 176 | 79.86 | 76.38 | 74.72 | 150 | 110 |
| EBITDA | 6.15 | 3.24 | 3.31 | 6.43 | (2.33) | (1.06) | 8.31 | 3.44 |
| EBITDA margin | +6.1% | +4.0% | +1.8% | +7.5% | -3.1% | -1.4% | +5.3% | +3.0% |
| Depreciation | 1.56 | 1.59 | 1.36 | 1.70 | 2.14 | 1.96 | 1.95 | 1.83 |
| Interest | 2.68 | 2.25 | 3.38 | 3.67 | 3.49 | 3.22 | 3.27 | 1.16 |
| Profit before tax | 1.95 | 0.29 | 64.57 | 1.07 | (7.86) | (0.69) | 3.68 | 1.73 |
| Tax | 0.63 | 0.07 | 13.16 | (0.34) | 0.00 | 0.00 | 1.26 | 1.10 |
Financial Statements
| Particulars | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 74.05 | 73.66 | 158 | 113 | 80.40 | 96.05 | 122 | 115 |
| Revenue growth (YoY) | -7.9% | -23.3% | +29.9% | -1.5% | -24.0% | - | - | - |
| Other income | 0.10 | 5.55 | 0.59 | 1.28 | 0.00 | 0.02 | 3.06 | 0.02 |
| EBITDA | (2.33) | (1.06) | 8.30 | 3.44 | 5.98 | 5.89 | 7.58 | 6.62 |
| EBITDA margin | -3.1% | -1.4% | +5.3% | +3.0% | +7.4% | +6.1% | +6.2% | +5.8% |
| Depreciation | 2.14 | 1.96 | 1.95 | 1.83 | 1.65 | 1.67 | 1.59 | 1.69 |
| Interest | 3.49 | 3.22 | 3.27 | 1.16 | 3.18 | 3.22 | 3.36 | 3.33 |
| Profit before tax | (7.86) | (0.69) | 3.67 | 1.73 | 1.15 | 1.02 | 5.69 | 1.62 |
| Tax | 0.00 | 0.00 | 1.26 | 1.10 | 0.25 | 0.43 | 1.81 | 0.45 |
| Net profit | (7.86) | (0.69) | 2.41 | 0.63 | 0.90 | 0.59 | 3.88 | 1.17 |
| EPS (₹) | (3.22) | (0.28) | 0.99 | 0.26 | 0.37 | 1.02 | 7.77 | 2.31 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Revenue | 448 | 437 | 467 | 316 | 368 | 551 | 531 |
| Revenue growth | +2.5% | -6.5% | +47.8% | -14.1% | -33.3% | +3.9% | - |
| Other income | 1.88 | 9.39 | 3.83 | 3.15 | 0.39 | 0.61 | 0.31 |
| Total expenses | 424 | 417 | 444 | 303 | 348 | 527 | 503 |
| Employee cost | 23.58 | 25.61 | 25.26 | 22.73 | 21.31 | 20.85 | 20.17 |
| EBITDA | 23.62 | 19.68 | 23.80 | 13.02 | 19.83 | 24.67 | 27.76 |
| EBITDA margin | +5.3% | +4.5% | +5.1% | +4.1% | +5.4% | +4.5% | +5.2% |
| Depreciation | 7.10 | 6.72 | 6.36 | 6.54 | 8.75 | 8.11 | 6.83 |
| Interest | 10.83 | 13.53 | 9.78 | 7.32 | 8.21 | 8.40 | 7.88 |
| Profit before tax | 7.57 | 8.82 | 11.49 | 2.31 | 3.26 | 8.77 | 13.36 |
| Tax | 3.06 | 1.70 | 1.74 | (1.18) | 0.82 | 0.38 | 3.13 |
| Net profit | 4.42 | 6.10 | 9.47 | 3.47 | 2.43 | 8.34 | 10.32 |
| Net profit margin | +1.0% | +1.4% | +2.0% | +1.1% | +0.7% | +1.5% | +2.0% |
| EPS (₹) | 1.85 | 13.88 | 19.94 | 7.14 | 4.99 | 17.16 | 20.92 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 12.19 | 5.13 | 4.89 | 4.89 | 4.89 | 4.89 | 4.89 |
| Reserves & surplus | 164 | 169 | 128 | 118 | 114 | 112 | 103 |
| Shareholders' funds (net worth) | 176 | 175 | 133 | 123 | 119 | 117 | 108 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 65.59 | 67.19 | 76.35 | 70.47 | 61.63 | 57.11 | 48.84 |
| Unsecured loans | 52.56 | 48.64 | 45.38 | 2.09 | 11.97 | 18.78 | 10.12 |
| Total debt | 118 | 116 | 122 | 72.56 | 73.60 | 75.89 | 58.96 |
| Total liabilities | 309 | 305 | 275 | 276 | 267 | 256 | 228 |
| Assets | |||||||
| Gross block | 266 | 257 | 220 | 212 | 216 | 209 | 184 |
| Net block | 226 | 222 | 190 | 184 | 184 | 185 | 166 |
| Capital work in progress | 0.15 | 0.25 | 0.17 | 4.70 | 1.56 | 1.63 | 1.73 |
| Investments | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 |
| Inventories | 33.60 | 32.44 | 64.40 | 19.76 | 32.81 | 58.57 | 68.09 |
| Sundry debtors | 81.60 | 76.76 | 31.92 | 57.51 | 53.27 | 32.86 | 21.99 |
| Cash & bank balances | 1.64 | 2.44 | 0.43 | 1.40 | 0.92 | 2.58 | 4.61 |
| Loans & advances | 16.98 | 22.50 | 29.46 | 23.49 | 24.09 | 7.48 | 11.80 |
| Total current assets | 134 | 134 | 126 | 102 | 111 | 101 | 106 |
| Total current liabilities | 55.34 | 56.37 | 46.13 | 19.40 | 32.21 | 35.21 | 49.06 |
| Net working capital | 78.48 | 77.77 | 80.08 | 82.76 | 78.88 | 66.28 | 57.43 |
| Total assets | 309 | 305 | 275 | 276 | 267 | 256 | 228 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.17 | 0.11 | 1.40 | 0.92 | 2.58 | 4.61 | 0.75 |
| Net cash from operating activities | 19.24 | 20.34 | (30.02) | 14.20 | 13.33 | 19.64 | 33.91 |
| Net cash from investing activities | (3.95) | 0.68 | (7.13) | (5.40) | (7.54) | (21.85) | (10.14) |
| Net cash from financing activities | (15.19) | (20.96) | 35.86 | (8.32) | (7.45) | 0.18 | (19.91) |
| Net change in cash | 0.10 | 0.06 | (1.29) | 0.48 | (1.66) | (2.03) | 3.86 |
| Closing cash | 1.64 | 2.44 | 0.43 | 1.40 | 0.92 | 2.58 | 4.61 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +2.5% | -6.5% | +47.8% | -14.1% | -33.3% | +3.9% | - |
| EBITDA growth | +20.0% | -17.3% | +82.8% | -34.3% | -19.6% | -11.1% | - |
| PBT growth | -14.2% | -23.2% | +397.4% | -29.1% | -62.8% | -34.4% | +37.7% |
| Net income growth | -27.5% | -35.6% | +172.9% | +42.8% | -70.9% | -19.2% | - |
| Revenue CAGR (3Y) | +12.3% | +5.9% | -5.4% | -15.9% | -9.2% | +12.4% | +12.5% |
| EBITDA CAGR (3Y) | +22.0% | -0.3% | -1.2% | -22.3% | -9.0% | +13.0% | +9.3% |
| Profitability & leverage | |||||||
| Net income margin | +1.0% | +1.6% | +2.1% | +1.1% | +0.7% | +1.5% | +1.9% |
| Return on capital employed | +6.0% | +7.0% | +7.7% | +3.6% | +4.4% | +7.1% | +9.5% |
| Return on net worth | +2.6% | +4.0% | +7.6% | +2.9% | +2.1% | +7.5% | +9.9% |
| Debt / equity | 0.67 | 0.77 | 0.76 | 0.60 | 0.63 | 0.60 | 0.63 |
| Long-term debt / equity | 0.09 | 0.15 | 0.18 | 0.14 | 0.12 | 0.10 | 0.10 |
| Interest cover | 65.56 | 104.40 | 56.08 | 112.96 | 74.10 | 50.72 | 37.65 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.71 | 1.83 | 2.17 | 1.48 | 1.73 | 2.80 | 2.96 |
| Inventory turnover | 13.56 | 9.02 | 11.11 | 12.03 | 8.05 | 8.71 | 7.44 |
| Debtors turnover | 5.65 | 8.04 | 10.45 | 5.71 | 8.54 | 20.11 | 39.52 |
| EPS (₹) | 1.85 | 13.88 | 19.94 | 7.14 | 4.99 | 17.16 | 20.92 |
| Dividend per share (₹) | 1.25 | 2.50 | 2.50 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 72.28 | 339.10 | 272.04 | 250.84 | 243.39 | 238.59 | 221.41 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 101 | 81.22 | 179 | 86.29 | 74.05 | 73.66 | 158 | 113 |
| Revenue growth (YoY) | +36.6% | +10.3% | +13.2% | -23.8% | -7.9% | -23.3% | - | - |
| Other income | 0.04 | 0.89 | 66.00 | 0.01 | 0.10 | 5.55 | 0.59 | 1.28 |
| Total expenses | 94.99 | 77.98 | 176 | 79.86 | 76.38 | 74.72 | 150 | 110 |
| EBITDA | 6.15 | 3.24 | 3.31 | 6.43 | (2.33) | (1.06) | 8.31 | 3.44 |
| EBITDA margin | +6.1% | +4.0% | +1.8% | +7.5% | -3.1% | -1.4% | +5.3% | +3.0% |
| Depreciation | 1.56 | 1.59 | 1.36 | 1.70 | 2.14 | 1.96 | 1.95 | 1.83 |
| Interest | 2.68 | 2.25 | 3.38 | 3.67 | 3.49 | 3.22 | 3.27 | 1.16 |
| Profit before tax | 1.95 | 0.29 | 64.57 | 1.07 | (7.86) | (0.69) | 3.68 | 1.73 |
| Tax | 0.63 | 0.07 | 13.16 | (0.34) | 0.00 | 0.00 | 1.26 | 1.10 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 413 | 448 | 437 | 467 | 316 | 368 | 551 |
| Revenue growth | -7.8% | +2.5% | -6.5% | +47.8% | -14.1% | -33.3% | - |
| Other income | 71.66 | 1.88 | 9.39 | 3.83 | 3.15 | 0.39 | 0.61 |
| Total expenses | 407 | 424 | 417 | 444 | 303 | 348 | 527 |
| Employee cost | 23.82 | 23.58 | 25.61 | 25.26 | 22.73 | 21.31 | 20.85 |
| EBITDA | 6.35 | 23.63 | 19.68 | 23.80 | 13.02 | 19.83 | 24.67 |
| EBITDA margin | +1.5% | +5.3% | +4.5% | +5.1% | +4.1% | +5.4% | +4.5% |
| Depreciation | 7.16 | 7.10 | 6.72 | 6.36 | 6.54 | 8.75 | 8.11 |
| Interest | 13.76 | 10.83 | 13.53 | 9.78 | 7.32 | 8.21 | 8.40 |
| Profit before tax | 57.09 | 7.58 | 8.82 | 11.49 | 2.31 | 3.26 | 8.77 |
| Tax | 12.80 | 3.06 | 1.70 | 1.74 | (1.18) | 0.82 | 0.38 |
| Net profit | 44.29 | 4.33 | 6.10 | 9.47 | 3.47 | 2.43 | 8.34 |
| Net profit margin | +10.7% | +1.0% | +1.4% | +2.0% | +1.1% | +0.7% | +1.5% |
| EPS (₹) | 18.17 | 1.85 | 13.88 | 19.94 | 7.14 | 4.99 | 17.16 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 12.19 | 12.19 | 5.13 | 4.89 | 4.89 | 4.89 | 4.89 |
| Reserves & surplus | 211 | 164 | 169 | 128 | 118 | 114 | 112 |
| Shareholders' funds (net worth) | 224 | 176 | 175 | 133 | 123 | 119 | 117 |
| Secured loans | 89.82 | 65.59 | 67.19 | 76.35 | 70.47 | 68.44 | 57.11 |
| Unsecured loans | 20.58 | 52.56 | 48.64 | 45.38 | 2.09 | 4.43 | 18.78 |
| Total debt | 110 | 118 | 116 | 122 | 72.56 | 72.87 | 75.89 |
| Total liabilities | 345 | 309 | 305 | 275 | 276 | 267 | 256 |
| Assets | |||||||
| Gross block | 207 | 287 | 257 | 220 | 211 | 216 | 207 |
| Net block | 174 | 226 | 222 | 190 | 184 | 184 | 183 |
| Capital work in progress | 0.03 | 0.15 | 0.25 | 0.17 | 4.70 | 1.56 | 1.63 |
| Investments | 0.02 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Inventories | 45.90 | 33.60 | 32.44 | 64.40 | 19.76 | 32.81 | 58.57 |
| Sundry debtors | 55.48 | 81.60 | 76.76 | 31.92 | 57.51 | 53.27 | 32.86 |
| Cash & bank balances | 1.01 | 1.64 | 2.44 | 0.43 | 1.40 | 0.92 | 2.58 |
| Loans & advances | 102 | 16.98 | 22.50 | 29.46 | 23.49 | 24.09 | 7.48 |
| Total current assets | 204 | 134 | 134 | 126 | 102 | 111 | 101 |
| Total current liabilities | 38.85 | 55.33 | 56.36 | 46.11 | 19.39 | 32.70 | 35.20 |
| Net working capital | 166 | 78.49 | 77.78 | 80.10 | 82.77 | 78.39 | 66.29 |
| Total assets | 345 | 309 | 305 | 275 | 276 | 267 | 256 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.27 | 0.17 | 0.11 | 1.40 | 0.92 | 2.58 | 4.61 |
| Net cash from operating activities | (105) | 19.24 | 20.34 | (30.02) | 14.20 | 13.33 | 19.64 |
| Net cash from investing activities | 126 | (3.95) | 0.68 | (7.13) | (5.40) | (7.54) | (21.85) |
| Net cash from financing activities | (20.89) | (15.19) | (20.96) | 35.86 | (8.32) | (7.45) | 0.18 |
| Net change in cash | (0.07) | 0.10 | 0.06 | (1.29) | 0.48 | (1.66) | (2.03) |
| Closing cash | 1.01 | 1.64 | 2.44 | 0.43 | 1.40 | 0.92 | 2.58 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -7.8% | +2.5% | -6.5% | +47.8% | -14.1% | -33.3% | - |
| EBITDA growth | -73.1% | +20.1% | -17.3% | +82.8% | -34.3% | -19.6% | - |
| PBT growth | +653.2% | -14.1% | -23.2% | +397.4% | -29.1% | -62.8% | -34.4% |
| Net income growth | +922.9% | -29.0% | -35.6% | +172.9% | +42.8% | -70.9% | - |
| Revenue CAGR (3Y) | -4.1% | +12.3% | +5.9% | -5.4% | -15.9% | -9.2% | +12.4% |
| EBITDA CAGR (3Y) | -35.6% | +22.0% | -0.3% | -1.2% | -22.3% | -9.0% | +13.0% |
| Profitability & leverage | |||||||
| Net income margin | +10.7% | +1.0% | +1.6% | +2.1% | +1.1% | +0.7% | +1.5% |
| Return on capital employed | +21.7% | +6.0% | +7.0% | +7.7% | +3.6% | +4.4% | +7.1% |
| Return on net worth | +22.1% | +2.6% | +4.0% | +7.6% | +2.9% | +2.1% | +7.5% |
| Debt / equity | 0.57 | 0.67 | 0.77 | 0.76 | 0.60 | 0.63 | 0.60 |
| Long-term debt / equity | 0.06 | 0.09 | 0.15 | 0.18 | 0.14 | 0.12 | 0.10 |
| Interest cover | -1,698.77 | 65.52 | 104.40 | 56.08 | 112.96 | 74.10 | 50.72 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.67 | 1.64 | 1.83 | 2.17 | 1.48 | 1.74 | 2.82 |
| Inventory turnover | 10.39 | 13.56 | 9.02 | 11.11 | 12.03 | 8.05 | 8.71 |
| Debtors turnover | 6.02 | 5.65 | 8.04 | 10.45 | 5.71 | 8.54 | 20.11 |
| EPS (₹) | 18.17 | 1.85 | 13.88 | 19.94 | 7.14 | 4.99 | 17.16 |
| Dividend per share (₹) | 0.00 | 1.25 | 2.50 | 2.50 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 91.71 | 72.29 | 339.14 | 272.11 | 250.88 | 243.44 | 238.63 |
Competitors of Milk Food
Milk Food has 3 listed competitors in our database, 3 of them funded. They include Sid's Farm, Dodla Dairy and Desi Farms.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sidsfarm.com | 2013 | Hyderabad, India | $12.18M | 466 | Subscription-based dairy products are delivered via an internet-first brand. | |
| dodladairy.com | 1995 | Hyderabad, India | $84.05M | 6,259 | Multi-category dairy products are manufactured and branded. | |
| desifarmsindia.in | 2016 | Pune, India | $6M | 79 | Provider of direct-to-consumer, farm-to-table delivery of fresh dairy products, including milk, yogurt, and other preservative-free dairy products |
Detailed competitors of Milk Food
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Web traffic of Milk Food
The website of Milk Food (milkfoodltd.com) receives about 2.8K visits a month.
- Monthly visits2.8K
▼ 69.9% vs previous month
Websites whose visitors overlap most with Milk Food. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| mahaanfoods.com | 100% | View details | |||
| cookr.in | 91% | 74.4K | #395,637 | View details |
Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as Milk Food (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering a subscription-based delivery service for fresh milk and groceries | 2015 | Gurugram, Haryana, India | USD 228.42 M | USD 99.78 M | 3,464 | |
Subscription-based coffee products are offered by an internet-first brand. | 2013 | Gurugram, Haryana, India | USD 112.84 M | USD 25.83 M | 2,059 | |
Meat and seafood products are delivered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 564.84 M | USD 143.51 M | 2,828 |
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Frequently Asked Questions about Milk Food
Milk Food was founded in 1973.
Milk Food is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Sudhir Avasthi is the CEO of Milk Food, as recorded in our data.
Milk Food has 170 employees.
The primary company behind Milk Food, Milkfood Limited, reported revenue of ₹485 Cr for FY 2026, down 8% year on year.
Milk Foods is a unit JagatJit Group. The products include: Skimmed Milk Powder, Full Cream Milk Powder, Acid Casein, Dairy Creamers, Pure Ghee, Dimineralised Whey Powders. Casein and Whey Powder are used in the production of Chocolates, Ice cream, Coffee Whiteners, Health Supplements, Infant Food, Nutritional Beverages, Cheese. Wide range of domestic and international clients including companies like GSK, ITC, Aditya Birla. NSE and BSE listed company.
Milk Food's top competitors include Sid's Farm, Dodla Dairy and Desi Farms.
Yes, Milk Food is publicly traded on BSE under the ticker symbol MLKFOOD.
Milk Food is associated with 3 legal entities: Milkfood Limited, Mfl Trading Private Limited, Ispace Developers Private Limited.
The legal entities of Milk Food currently have 15 directors, including Hemant Kumar, Rakesh Kumar Thakur, Nawal Kumar and others.