Parag Milk Foods539889Dairy, FMCG
Parag Milk Foods management discussed growth targets, marketing spends, new-age business growth, and margin trends in an interview
By ScoutQuest · · 1 min read
Heard on Live television at 11:42:47 IST.
- Company guided to become a 10,000 crore company in next 3-4 years with margins around 13-14%.
- Marketing spend has stayed at 130-140 crore for three years, but as a percentage of revenue it is declining; company focuses on content and performance marketing.
- New-age business (whey protein, health and nutrition) grew 91% in FY26, now contributing 13% of revenue versus 3% five years ago, expected to reach 20-25% in three years, largely volume-led.
- Management said margins in new-age business are almost double the company average, and new formats like protein tubes, beverages and ready-to-eat/drink products are being launched.
- On competitor Milky Mist's lower margins comparison, management attributed gap to 35% revenue from lower-margin HoReCa segment; inventory days improved from 74 to 68 days.
Also from Parag Milk Foods
Parag Milk shares fell nearly 6% in trade
16 Oct 2026
Parag Milk Foods announced plans to quadruple paneer capacity and double cheese and whey protein capacity amid rising demand for value-added dairy products
28 Sep 2026
Source: Live TV News Channel · 28 Sep 2026
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