This Small-Cap Dairy FMCG Leader Expands Product Line With High-Protein Offerings, Eyes Stronger Market Presence by FY27

The stock has delivered a 1-year return of -20.85 per cent and a 3-year return of 68.24 per cent.

Parag Milk Foods, a prominent player in India's dairy FMCG sector, has announced a strategic expansion of its product portfolio to include high-protein, nutrient-rich offerings. This move is aimed at catering to the increasing demand for health-focused nutrition products. The company has introduced a variety of new products under its flagship brands, including Gowardhan, Go, Pride of Cows, and Avvatar. Notable additions include Gowardhan's Crunchy Chikki, Go Yogurt with fruit blends, and Pride of Cows' low-fat, high-protein paneer and Greek yogurt. Avvatar has launched high-protein bars targeting fitness enthusiasts.

Akshali Shah, Executive Director of Parag Milk Foods, emphasised the company's commitment to providing high-quality dairy solutions that meet the growing demand for protein-rich products. The new offerings are designed to align with modern lifestyles, reinforcing Parag Milk Foods' position as a leader in premium dairy nutrition.
Parag Milk Foods Ltd, established in 1992, is a leading private dairy FMCG company in India, known for its innovation and diverse product portfolio.

The company holds a dominant position in the cheese market with a 35 per cent share and leads in the cow ghee category with its Gowardhan brand. Parag Milk Foods is recognised for its pioneering efforts in launching India's first B2C whey protein under the Avvatar brand. The company operates the largest automated dairy farm in India, housing over 3,000 Holstein Friesian cows. Its manufacturing facilities are strategically located in Maharashtra, Andhra Pradesh, and Haryana, with a significant milk processing capacity. The company's distribution network is extensive, reaching over 4.6 lakh touchpoints. Parag Milk Foods is focused on expanding its health and nutrition business and increasing its market presence in the cheese and whey segments. The company plans to enhance its distribution footprint significantly by FY27.

As of April 2, 2025, the current stock price of Parag Milk Foods is Rs 166. The stock's 52-week high is Rs 234.25, and the 52-week low is Rs 141.4. Parag Milk Foods has a market capitalisation of Rs 2,023 crore. The stock has delivered a 1-year return of -20.85 per cent and a 3-year return of 68.24 per cent. The Price-Earnings (PE) Ratio stands at 17.46. Major public shareholders include Peanence Commercial Pvt Limited with a 4.96 per cent stake and Vls Finance Ltd with a 1.40 per cent stake.

Investors should keep an eye on this Small-Cap stock.

Disclaimer: The article is for informational purposes only and not investment advice.