Parag Milk Foods Limited - Company Profile

It is a food and beverages public limited company based in Pune, Maharashtra, India, established in 1992.
1992 Pune, Maharashtra, India Active
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About Parag Milk Foods Limited

Parag Milk Foods Limited, a active public limited company, was established on 29 December 1992 in Pune, Maharashtra, India. Engaging in dairy products & milk processing within the manufacturing sector, it holds CIN: L15204PN1992PLC070209. Registered under ROC Roc Pune. it is listed on BSE: 539889 and NSE: PARAGMILK. It has an authorized capital of ₹200.00 Cr and a paid-up capital of ₹125.11 Cr.

Formerly known as Parag Milk And Milk Products Pvt Ltd, Parag Milk And Milk Products Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹2,888.36 Cr and a net worth of ₹818.16 Cr. Employing 1,734 professional, Its leadership includes Akshali Devendra Shah (Whole-Time Director), Nikhil Kishorchandra Vora (Director), Dnyanesh Vishnu Darshane (Director). Past directors included Vishal Tulsyan, Dhaval Sumantrai Desai, Radhika Carlton Pereira. It holds ₹768.66 Cr open charges and ₹976.53 Cr settled loans. Its latest AGM occurred on 11 September 2024, with the balance sheet filed on 31 March 2024. It is based at Flat No.1,Plot No.19,Nav Rajasthan Soc., Behind Ratna Memorial Hospital,S.B. Road, Shiva, Ji Nagar, Pune, Maharashtra, 411016.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L15204PN1992PLC070209

  • Registration Number

    070209

  • Incorporation Date

    29 December 1992

  • Authorized Capital

    ₹200.00 Cr

  • Paid-Up Capital

    ₹125.11 Cr

  • ROC Code

    Roc Pune

  • Listing Status

    Listed (BSE: 539889, NSE: PARAGMILK)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 125.11 Cr
  • Company Age 33 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 768.66 Cr
  • Satisfied Charges ₹ 976.53 Cr
  • Revenue Growth **** 41.96%
  • Profit Growth **** 112.94%
  • Ebitda **** 132.41%
  • Net Worth 49.00%
  • Total Assets **** 19.86%
Company report

Parag Milk Foods Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Parag Milk Foods Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Parag Milk Foods Limited?
Current Directors
Name Designation Appointment Date Status
Akshali Devendra Shah Whole-Time Director 25 Dec 2022 Current
Nikhil Kishorchandra Vora Director 20 Aug 2021 Current
Dnyanesh Vishnu Darshane Director 25 Dec 2022 Current
Preetam Prakash Shah Cfo 29 Apr 2023 Current
Devendra Prakash Shah Whole-Time Director 29 Dec 1992 Current
Nitin Ramchandra Dhavalikar Director 28 Jul 2015 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Nominee Director 28 Jul 2015 Past
Pramod Abcsdd Director 19 Feb 2015 Past
Pramod Abcsdd Additional Director 26 Jun 2015 Past
Pramod Abcsdd Ceo(Kmp) 29 Jun 2020 Past
Pramod Abcsdd Additional Director 15 Sep 2021 Past
Pramod Abcsdd Cfo(Kmp) - Past

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Financial Performance of Parag Milk Foods.

Parag Milk Foods Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.96% increase. The company also saw a substantial improvement in profitability, with a 112.94% increase in profit. The company's net worth Soared by an impressive increase of 49%.

Parag Milk Foods revenue growth over time
Parag Milk Foods profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 41.96%
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Revenue from Operations
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 40.86%
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Total Assets
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 19.86%
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Profit or Loss
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 112.94%
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*******
Net Worth
*******
 49.00%
*******
*******
*******
*******
EBITDA
*******
 132.41%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Parag Milk Foods?

In 2023, Parag Milk Foods had a promoter holding of 41.63% and a public holding of 58.37%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹7,686,567,359.00

Satisfied Charges

₹9,765,267,292.00

Charges Breakdown by Lending Institutions
  • Others : 615.76 Cr
  • Idbi Trusteeship Services Limited : 150.00 Cr
  • State Bank Of India : 1.50 Cr
  • Hdfc Bank Limited : 1.40 Cr
Latest Charge Details
Date Lender Amount Status
15 Nov 2025 Others ₹35.00 Cr Open
08 Oct 2025 Hdfc Bank Limited ₹1.84 M Open
25 Aug 2025 Others ₹9.50 M Open
31 Jul 2025 Others ₹9.10 M Open
28 Apr 2025 Others ₹9.00 M Open

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How Many Employees Work at Parag Milk Foods?

Parag Milk Foods has a workforce of 1734 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parag Milk Foods, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Parag Milk Foods's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Parag Milk Foods
Recent Activity within the Organization
  • Charges

    A charge with Others amounted to Rs. 35.00 Cr with Charge ID 101197150 was registered on 15 Nov 2025. was recorded as a recent event.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 101177345 was registered on 08 Oct 2025. was documented.

  • Charges

    A charge with Others amounted to Rs. 0.95 Cr with Charge ID 101154188 was registered on 25 Aug 2025. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 0.91 Cr with Charge ID 101141405 was registered on 31 Jul 2025. was recorded as a recent event.

  • Director Appointment

    The activity Milind Anil Patil was appointed as a Director was appointed as a Director on 22 May 2025 & has been associated with this company since 9 months 4 days . was completed.

  • Director Appointment

    Progress on Amitabha Mukhopadhyay was appointed as a Director was appointed as a Director on 22 May 2025 & has been associated with this company since 9 months 4 days . was documented.

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Recent News, Updates & Announcement

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Frequently Asked Questions
What is the CIN of Parag Milk Foods Limited?

The CIN of Parag Milk Foods Limited is L15204PN1992PLC070209.

Where is Parag Milk Foods Limited headquartered?

Parag Milk Foods Limited is headquartered at Flat No.1,Plot No.19,Nav Rajasthan Soc., Behind Ratna Memorial Hospital,S.B. Road, Shiva, Ji Nagar, Pune, Maharashtra, 411016.

When was Parag Milk Foods Limited incorporated?

Parag Milk Foods Limited was incorporated on 29 December 1992.

Who are the current directors of Parag Milk Foods Limited?

The current directors of Parag Milk Foods Limited are

What is the primary industry of Parag Milk Foods Limited?

The primary industry of Parag Milk Foods Limited is Manufacturing.

Is Parag Milk Foods Limited a listed company?

Parag Milk Foods Limited is listed. It is listed on BSE: 539889 and NSE: PARAGMILK.

What is the capital structure of Parag Milk Foods Limited?

The authorized capital of Parag Milk Foods Limited is ₹200.00 Cr, and the paid-up capital is ₹125.11 Cr.

What is the compliance status of Parag Milk Foods Limited?

The compliance status of Parag Milk Foods Limited is Compliant.

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