Milky Mist clarified it received no FSSAI or Tamil Nadu food safety notice on its paneer products, while guiding for strong FY27 growth

Mon 12 Oct 2026

Greek yogurt plant capacity

50 tons per day

Greek yogurt plant investment

40 crore rupees

Expected revenue growth FY27

30 percent plus

Expected margins FY27

14 to 15 percent

Incremental H2 revenue vs H1

150 to 200 crore rupees

Heard on business television between 09:25:53 - 09:28:53 IST.

• Company clarified via exchange update that it has not received any FSSAI notice or Tamil Nadu food safety notice regarding paneer, despite media reports.
• CEO Dr. K. Ratnam said routine product sampling and factory visits occur periodically (last check about two to two and a half months back) but no formal communication was received.
• Company commissioned a Greek yogurt plant in Tamil Nadu with 50 tons/day capacity, investing about 40 crore rupees, funded from IPO proceeds.
• Management expects 30%+ revenue growth and 14-15% margins for FY27, with H2 adding incremental 150-200 crore rupees revenue over H1; paneer category grew 34% in Q1.
• Whey protein plant to become operational in 15-18 months; plans to deploy 50,000 additional coolers/freezers over 3 years; total planned capex of 650-700 crore rupees funded from IPO proceeds.
• CEO said crackdown on analog paneer and shift from unorganized to organized sector should benefit organized players like Milky Mist.

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