Pride of Cows

Pune, India Founded: 2011 • Age: 15 yrs Listed
A dairy brand offering fresh farm-to-home milk delivery services.
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About Pride of Cows

Pride of Cows is a publicly listed company based in Pune (India) founded in 2011 by Akshali Shah and Devendra Shah. A dairy brand offering fresh farm-to-home milk delivery services. It operates on a B2C model. Its website prideofcows.com draws about 27 thousand monthly visits. Its Indian entity Parag Milk Foods Limited reported revenue of ₹3,871 Cr. Its focus areas include Food and Agriculture, Dairy, Milk Production and Direct-to-Consumer Delivery. Its competitors include Sid's Farm, Happy Nature and Provilac Dairy Farms; 3 of its 3 listed competitors have raised funding.

Company details

Pride of Cows operates with a B2C model, focusing on food and agriculture, dairy, milk production, and direct-to-consumer delivery. A dairy brand offering fresh farm-to-home milk delivery services. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

  • Headquarters Pune, India
  • Founders Akshali Shah, Devendra Shah
  • Stage Public
  • Sectors
    Consumer
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website prideofcows.com/poc
  • Social X Facebook Instagram YouTube
  • Legal Name Parag Milk Foods Limited
  • Date of Incorporation 29 Dec, 1992
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Consumer → Food Distributors
Key Metrics
  • Market Cap
    ₹3,120 Cr

    PARAGMILK · NSE

  • Share Price
    ₹241.80

    -2.66% today

  • Revenue
    ₹3,818 Cr

    FY 2025-26 · +11.2% YoY

  • EBITDA
    ₹251 Cr

    Margin 6.6%

  • Net Profit
    ₹140 Cr

    FY 2025-26 · +17.3% YoY

  • P/E (TTM)
    23.7x

    P/B 2.6x

Apps and channels of Pride of Cows

Pride of Cows publishes 2 mobile apps with over 100K+ downloads; its YouTube channel Pride Of Cows has 1.45K subscribers.

Pride of Cows
Google Play Business Everyone Free
Developer: Parag Milk Foods Ltd.
View on Google Play
Pride of Cows
App Store Food & Drink 4+
Developer: PARAG MILK FOODS LIMITED
View on App Store
Pride Of Cows
YouTube 1.45K subscribers Howto & Style
Open channel

Board of directors of Parag Milk Foods Limited (Pride of Cows)

Parag Milk Foods Limited is the primary company behind Pride of Cows. The boards of the 2 registered companies of Pride of Cows currently have 8 directors; the longest-serving is Devendra Prakash Shah, appointed in 1992. 27 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Devendra Prakash Shah
DIN 01127319
Whole-time director29 Dec 199233 yrs 9 moParag Milk Foods Limited, Bhagyalaxmi Dairy Farms Private Limited
Pritam Prakash Shah
DIN 01127247
Managing Director29 Dec 199233 yrs 9 moParag Milk Foods Limited, Bhagyalaxmi Dairy Farms Private Limited
Nikhil Kishorchandra Vora
DIN 05014606
Director20 Aug 20215 yrs 2 moParag Milk Foods Limited
Akshali Shah
DIN 06575079
Whole-time director25 Dec 20223 yrs 9 moParag Milk Foods Limited, Bhagyalaxmi Dairy Farms Private Limited
Dnyanesh Vishnu Darshane
DIN 08515431
Director25 Dec 20223 yrs 9 moParag Milk Foods Limited
Namrata Samsher Garud
DIN 10832812
Director02 May 20251 yr 5 moParag Milk Foods Limited
Amitabha Mukhopadhyay
DIN 01806781
Director22 May 20251 yr 5 moParag Milk Foods Limited
Milind Anil Patil
DIN 02546815
Director22 May 20251 yr 5 moParag Milk Foods Limited

People of Pride of Cows

2 people are tracked at Pride of Cows (2 in leadership).

NameRoleGroup
Akshali Shah
Co-FounderLeadership
Devendra Shah
Co-FounderLeadership
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Complete people profiles for Pride of Cows

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  • Professional contacts

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IPO & Listings of Pride of Cows

Pride of Cows is a publicly listed company on the NSE with ticker symbol PARAGMILK in India, operating in the FMCG 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.

  • Listed onNSE: PARAGMILK
  • Listed entityParag Milk Foods Limited
  • Exchange sectorFMCG

Financials of Pride of Cows

Exchange-reported figures of Parag Milk Foods Limited, the listed company behind Pride of Cows (NSE: PARAGMILK).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹3,818 Cr
+11.2% YoY
EBITDA
₹251 Cr
-0.6% YoY
Profit After Tax
₹140 Cr
+17.3% YoY
Net Worth
₹1,259 Cr
+23.0% YoY
Total Assets
₹1,874 Cr
+11.4% YoY
Total Debt
₹607 Cr
-7.2% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue3,8183,4323,1392,8932,0721,8422,438
Revenue growth+11.2%+9.4%+8.5%+39.6%+12.5%-24.5%-
EBITDA251253200120(438)125211
EBITDA margin+6.6%+7.4%+6.4%+4.2%-21.1%+6.8%+8.7%
Profit before tax15213385.8651.05(522)40.71127
Net profit14011992.3553.36(531)21.8394.84
Net profit margin+3.7%+3.5%+2.9%+1.8%-25.6%+1.2%+3.9%
EPS (₹)10.579.977.604.54(55.93)2.4711.16
Balance sheet
Total assets1,8741,6821,5321,4181,0911,3221,327
Net worth1,2591,023912808554928911
Total debt607654616606523381400
Cash & bank18.2725.0527.5815.3084.0118.6527.84
Net working capital952855950881597825814
Cash flow
Cash from operations149212102(190)(149)99.95(66.40)
Cash from investing(98.01)(132)(52.94)(87.56)(26.02)(46.83)(29.50)
Cash from financing(60.08)(78.32)(52.57)212248(68.55)111
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9459451,0131,008852918885871
Revenue growth (YoY)+10.9%+3.0%+14.5%+15.7%+12.4%---
Other income1.4118.868.9318.037.6413.095.367.12
EBITDA68.2559.3562.5871.2457.8862.0074.1469.43
EBITDA margin+7.2%+6.3%+6.2%+7.1%+6.8%+6.8%+8.4%+8.0%
Depreciation18.4717.5318.1418.7516.3217.3816.0818.12
Interest21.9020.5420.8020.0320.0225.1625.7622.86
Profit before tax29.2940.1432.5750.4929.1832.5537.6635.57
Tax7.247.903.004.841.606.341.596.36
Net profit22.0532.2429.5745.6527.5826.2136.0729.21
EPS (₹)1.732.522.293.572.192.102.892.34
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue3,7423,3673,0902,8532,0261,7922,391
Revenue growth+11.1%+9.0%+8.3%+40.9%+13.1%-25.1%-
EBITDA256253202139(429)124212
EBITDA margin+6.8%+7.5%+6.5%+4.9%-21.2%+6.9%+8.9%
Profit before tax15913582.8667.18(518)38.66125
Net profit15612491.9568.48(529)17.4590.64
Net profit margin+4.2%+3.7%+3.0%+2.4%-26.1%+1.0%+3.8%
EPS (₹)11.8010.367.715.84(55.58)2.0810.80
Balance sheet
Total assets1,8371,6231,4531,3631,0401,2981,316
Net worth1,2911,040924818549920906
Total debt538579526541488366395
Cash & bank17.3924.8027.0614.5383.5918.2426.77
Net working capital1,031912982897613834817
Cash flow
Cash from operations13218775.54(179)(146)100(72.73)
Cash from investing(98.40)(130)(24.55)(82.46)(5.33)(34.33)(24.22)
Cash from financing(43.26)(55.80)(53.98)196224(80.86)112
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue920946984981831899869856
Revenue growth (YoY)+10.8%+5.3%+13.3%+14.6%+11.7%---
Other income2.167.733.8418.894.9713.170.932.27
Total expenses854888919908771837794787
EBITDA66.2358.3965.1373.1259.4161.9674.4569.45
EBITDA margin+7.2%+6.2%+6.6%+7.5%+7.2%+6.9%+8.6%+8.1%
Depreciation16.1714.6715.7915.9114.0314.6814.2216.60
Interest19.8218.3118.6417.5817.7523.5723.5020.77
Profit before tax32.4033.1434.5458.5232.6036.8837.6634.35
Tax6.974.86(0.01)2.820.254.453.484.48

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 23 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9459451,0131,008852918885871
Revenue growth (YoY)+10.9%+3.0%+14.5%+15.7%+12.4%---
Other income1.4118.868.9318.037.6413.095.367.12
EBITDA68.2559.3562.5871.2457.8862.0074.1469.43
EBITDA margin+7.2%+6.3%+6.2%+7.1%+6.8%+6.8%+8.4%+8.0%
Depreciation18.4717.5318.1418.7516.3217.3816.0818.12
Interest21.9020.5420.8020.0320.0225.1625.7622.86
Profit before tax29.2940.1432.5750.4929.1832.5537.6635.57
Tax7.247.903.004.841.606.341.596.36
Net profit22.0532.2429.5745.6527.5826.2136.0729.21
EPS (₹)1.732.522.293.572.192.102.892.34
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue3,8183,4323,1392,8932,0721,8422,438
Revenue growth+11.2%+9.4%+8.5%+39.6%+12.5%-24.5%-
Other income53.4640.2525.0145.1621.0413.517.60
Total expenses3,5663,1802,9382,7732,5101,7172,227
Employee cost0.0014411698.0683.6678.2096.10
EBITDA251253200120(438)125211
EBITDA margin+6.6%+7.4%+6.4%+4.2%-21.1%+6.8%+8.7%
Depreciation70.7467.2260.2557.2853.7451.8053.64
Interest81.3993.1279.4056.7351.5845.7738.10
Profit before tax15213385.8651.05(522)40.71127
Tax17.3413.80(4.73)(2.19)10.4420.0233.27
Net profit14011992.3553.36(531)21.8394.84
Net profit margin+3.7%+3.5%+2.9%+1.8%-25.6%+1.2%+3.9%
EPS (₹)10.579.977.604.54(55.93)2.4711.16
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital12511911911795.2083.9483.94
Reserves & surplus1,093894782675446844827
Shareholders' funds (net worth)1,2591,023912808554928911
Minority interest0.000.000.000.000.000.000.00
Secured loans540534584504501381395
Unsecured loans66.9712032.8610222.350.004.86
Total debt607654616606523381400
Total liabilities1,8741,6821,5321,4181,0911,3221,327
Assets
Gross block1,1821,047892802768728669
Net block643578466436459473466
Capital work in progress37.3519.3169.1244.719.603.057.02
Investments4.634.634.634.920.000.820.55
Inventories730578615574479695633
Sundry debtors245260244168125159303
Cash & bank balances18.2725.0527.5815.3084.0118.6527.84
Loans & advances338332417372209313213
Total current assets1,3311,1951,3041,1298971,1861,177
Total current liabilities380340355248300361363
Net working capital952855950881597825814
Total assets1,8741,6821,5321,4181,0911,3221,327
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash11.8910.5613.8079.676.9522.387.35
Net cash from operating activities149212102(190)(149)99.95(66.40)
Net cash from investing activities(98.01)(132)(52.94)(87.56)(26.02)(46.83)(29.50)
Net cash from financing activities(60.08)(78.32)(52.57)212248(68.55)111
Net change in cash(8.61)1.33(3.24)(65.87)72.73(15.43)15.03
Closing cash18.2725.0527.5815.3084.0118.6527.84
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+11.2%+9.4%+8.5%+39.6%+12.5%-24.5%-
EBITDA growth-0.6%+26.0%+67.2%+127.4%-450.9%-40.9%-
PBT growth+14.9%+54.4%+68.2%+9998.0%--67.9%-14.1%
Net income growth+17.3%+29.3%+73.1%+110.1%-2533.2%-77.0%-
Revenue CAGR (3Y)+9.7%+18.3%+19.5%+5.9%-4.7%-2.0%+12.1%
EBITDA CAGR (3Y)+27.9%-+17.1%-17.2%--13.6%+45.7%
Profitability & leverage
Net income margin+3.5%+3.5%+2.9%+1.8%-25.7%+1.1%+3.8%
Return on capital employed-+14.0%+10.9%+8.3%0.0%+6.5%+13.8%
Return on net worth-+12.3%+10.0%+7.3%0.0%+2.3%+10.8%
Debt / equity-0.660.710.830.610.420.37
Long-term debt / equity-0.290.310.390.200.040.06
Interest cover45.1450.2156.6190.59-10.4962.7224.20
Efficiency & per share
Fixed asset turnover-3.543.713.682.772.643.98
Inventory turnover-5.755.285.503.532.774.45
Debtors turnover-13.6315.2219.7114.587.978.38
EPS (₹)10.579.977.604.54(55.93)2.4711.16
Dividend per share (₹)1.101.000.500.000.000.500.50
Book value per share (₹)0.0084.9675.6267.6256.81110.57108.55
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue920946984981831899869856
Revenue growth (YoY)+10.8%+5.3%+13.3%+14.6%+11.7%---
Other income2.167.733.8418.894.9713.170.932.27
Total expenses854888919908771837794787
EBITDA66.2358.3965.1373.1259.4161.9674.4569.45
EBITDA margin+7.2%+6.2%+6.6%+7.5%+7.2%+6.9%+8.6%+8.1%
Depreciation16.1714.6715.7915.9114.0314.6814.2216.60
Interest19.8218.3118.6417.5817.7523.5723.5020.77
Profit before tax32.4033.1434.5458.5232.6036.8837.6634.35
Tax6.974.86(0.01)2.820.254.453.484.48
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue3,7423,3673,0902,8532,0261,7922,391
Revenue growth+11.1%+9.0%+8.3%+40.9%+13.1%-25.1%-
Other income35.4326.608.5635.168.966.822.92
Total expenses3,4863,1142,8882,7142,4541,6682,180
Employee cost0.0012810488.2577.3475.3393.05
EBITDA256253202139(429)124212
EBITDA margin+6.8%+7.5%+6.5%+4.9%-21.2%+6.9%+8.9%
Depreciation60.4059.6855.7154.0750.9346.2151.38
Interest72.2885.0771.5752.8647.0445.5238.04
Profit before tax15913582.8667.18(518)38.66125
Tax7.9111.30(9.09)(1.30)11.4221.2134.57
Net profit15612491.9568.48(529)17.4590.64
Net profit margin+4.2%+3.7%+3.0%+2.4%-26.1%+1.0%+3.8%
EPS (₹)11.8010.367.715.84(55.58)2.0810.80
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital12511911911795.2083.9483.94
Reserves & surplus1,125910794686441836822
Shareholders' funds (net worth)1,2911,040924818549920906
Secured loans447441510442465333365
Unsecured loans90.9413716.4999.1723.4132.7930.23
Total debt538579526541488366395
Total liabilities1,8371,6231,4531,3631,0401,2981,316
Assets
Gross block898788714661646625594
Net block391340309311350381398
Capital work in progress26.4512.249.678.642.840.936.68
Investments10910910967.1962.2663.0862.82
Inventories713563598558468687627
Sundry debtors231249235160120156299
Cash & bank balances17.3924.8027.0614.5383.5918.2426.77
Loans & advances410373435383219312212
Total current assets1,3711,2111,2961,1168911,1741,165
Total current liabilities340299313218278340348
Net working capital1,031912982897613834817
Total assets1,8371,6231,4531,3631,0401,2981,316
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash11.6410.0413.0379.256.5321.326.77
Net cash from operating activities13218775.54(179)(146)100(72.73)
Net cash from investing activities(98.40)(130)(24.55)(82.46)(5.33)(34.33)(24.22)
Net cash from financing activities(43.26)(55.80)(53.98)196224(80.86)112
Net change in cash(9.24)1.60(2.99)(66.22)72.72(14.78)14.55
Closing cash17.3924.8027.0614.5383.5918.2426.77
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+11.1%+9.0%+8.3%+40.9%+13.1%-25.1%-
EBITDA growth+1.2%+25.5%+45.1%+132.4%-447.0%-41.6%-
PBT growth+17.8%+62.7%+23.3%+9998.0%--69.1%-9.1%
Net income growth+26.3%+34.4%+34.3%+112.9%-3132.4%-80.8%-
Revenue CAGR (3Y)+9.5%+18.5%+19.9%+6.1%-4.8%-2.3%+12.0%
EBITDA CAGR (3Y)+22.6%-+17.7%-13.1%--12.7%+53.8%
Profitability & leverage
Net income margin+4.0%+3.7%+3.0%+2.4%-26.1%+1.0%+3.8%
Return on capital employed-+14.3%+10.7%+9.7%0.0%+6.4%+13.7%
Return on net worth-+12.6%+10.1%+9.5%0.0%+1.9%+10.5%
Debt / equity-0.560.610.750.580.420.36
Long-term debt / equity-0.210.230.330.180.040.07
Interest cover36.9544.0149.0662.28-9.8158.8423.73
Efficiency & per share
Fixed asset turnover-4.484.494.373.192.944.28
Inventory turnover-5.805.345.563.512.734.45
Debtors turnover-13.9015.6420.4114.707.878.37
EPS (₹)11.8010.367.715.84(55.58)2.0810.80
Dividend per share (₹)1.101.000.500.000.000.500.50
Book value per share (₹)0.0086.3476.6068.5056.29109.58107.95

Competitors of Pride of Cows

Pride of Cows has 3 listed competitors in our database, 3 of them funded. They include Sid's Farm, Happy Nature and Provilac Dairy Farms.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Sid's Farm
sidsfarm.com2013Hyderabad, India$12.18M466
Subscription-based dairy products are delivered via an internet-first brand.
Happy Nature
happynature.in2018Delhi, India$1.07M94
Brand of organic milk
Provilac Dairy Farms
provilac.com2013Pune, India$421,59785
Internet first milk brand and delivery
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Detailed competitors of Pride of Cows

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Web traffic of Pride of Cows

The website of Pride of Cows (prideofcows.com) receives about 27K visits a month.

  • Monthly visits
    27K

    ▲ 5.4% vs previous month

Similar websites

Websites whose visitors overlap most with Pride of Cows. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
Provilac Dairy Farms
provilac.com
100%
52.9K#523,451View details
Katraj Dairy
katrajdairy.com
92%
#1,359,743View details
Paras Dairy
parasdairy.com
83%
5.1K#2,768,769View details
Ananda
ananda.in
83%
13.5K#1,815,474View details
Foodstories
foodstories.shop
78%
229.2K#175,842View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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Parag Milk Foods to invest ₹100 cr to expand paneer production capacity | Company News - Business Standard
Business Standard • 1 month ago
Parag Milk Foods to invest ₹100 crore to quadruple paneer capacity to 80 MT/day - CNBC TV18
CNBCTV18 • 1 month ago
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Frequently Asked Questions about Pride of Cows

Pride of Cows was founded in 2011.

Pride of Cows is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

The primary company behind Pride of Cows, Parag Milk Foods Limited, reported revenue of ₹3,871 Cr for FY 2026, up 11% year on year.

Pride of Cows operates with a B2C model, focusing on food and agriculture, dairy, milk production, and direct-to-consumer delivery. A dairy brand offering fresh farm-to-home milk delivery services. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Pride of Cows's top competitors include Sid's Farm, Provilac Dairy Farms and Happy Nature.

Yes, Pride of Cows is publicly traded on NSE under the ticker symbol PARAGMILK.

Pride of Cows is associated with 2 legal entities: Parag Milk Foods Limited, Bhagyalaxmi Dairy Farms Private Limited.

The legal entities of Pride of Cows currently have 10 directors, including Devendra Prakash Shah, Pritam Prakash Shah, Nikhil Kishorchandra Vora and others.

Yes. Pride of Cows publishes Pride of Cows and 1 more app, with over 100,000 downloads.

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