Milkfood Ltd.

BSE: MLKFOOD507621ISIN INE588G01021

Fast Moving Consumer Goods
Dairy Products

Share price

₹97.01+0.91 (+0.95%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

Splits and bonuses

13 Aug 2024 · Bonus 1:1
13 Aug 2024 · Split 2:1 (₹10 → ₹5)

52W high: ₹98.00
52W low: ₹43.99
Off 52W high: -1.01%
1M return: +16.60%
3M return: +35.38%
6M return: +56.80%
1Y return: +30.13%
20D avg volume: 6,874
50 DMA: ₹85.86
200 DMA: ₹69.09

Key ratios Consolidated

Market cap: ₹248.31 Cr
Current price: ₹97.01
52W high / low: ₹98.00 / ₹43.99
Face value: ₹5.00
P/E: 0.00
P/B: —
EPS (TTM): ₹0.00
Book value / share: —
ROE: —
ROCE: 7.00%
Operating margin: —
Net margin: —
Debt / equity: 0.64
Net debt: ₹112.72 Cr
Interest cover: 1.70
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 51.8 days

Financials

Metric	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	74.05	73.66	158.03	113.28	74.05	96.05	—
	0.10	5.55	0.59	1.28	0.10	0.02	—
	74.15	79.21	158.62	114.56	74.15	96.07	—
	82.01	79.90	154.95	112.83	82.01	95.05	—
	55.96	62.53	136.11	103.81	55.96	77.61	—
	0.00	0.00	0.00	—	0.00	—	—
	6.23	5.49	6.21	5.90	6.23	5.88	—
	3.49	3.22	3.27	1.16	3.49	3.22	—
	2.14	1.96	1.95	1.83	2.14	1.67	—
	3.92	4.28	10.75	5.93	3.92	5.24	—
	-7.86	-0.69	3.67	1.73	-7.86	1.02	—
	0.00	0.00	0.00	0.00	0.00	0.00	—
	-7.86	-0.69	3.67	1.73	-7.86	1.02	—
	0.00	0.00	1.26	1.10	0.00	0.43	—
	-7.86	-0.69	2.41	0.63	-7.86	0.59	—
	-3.22	-0.28	0.99	0.26	-3.22	1.02	—
Key metrics
	-2.23	4.49	8.89	4.72	-2.23	5.91	—
	-3.00%	6.10%	5.60%	4.20%	-3.00%	6.20%	—
	-10.60%	-0.90%	1.50%	0.60%	-10.60%	0.60%	—
	-1.70%	—	2.60%	—	-1.70%	—	—
	0.00%	-23.30%	—	—	—	—	—
	0.00%	-216.90%	—	—	—	—	—

Metric	TTM	FY25	FY24
Income statement
	419.02	447.76	—
	7.52	1.88	—
	426.54	449.64	—
	429.69	442.07	—
	358.41	374.57	—
	—	0.00	—
	23.83	23.58	—
	11.14	10.83	—
	7.88	7.10	—
	24.88	26.54	—
	-3.15	7.57	—
	0.00	0.00	—
	-3.15	7.57	—
	2.36	3.06	—
	-5.51	4.51	—
	-2.25	1.85	—
Key metrics
	15.87	25.50	—
	3.79%	5.70%	—
	-1.31%	1.00%	—
	—	7.00%	—
	—	15.01	—
	—	4.27	—
	—	0.64	—
	—	112.72	—
	—	51.8	—
Balance sheet
	—	375.15	—
	—	133.82	—
	—	0.27	—
	—	81.60	—
	—	33.60	—
	—	13.16	—
	—	187.51	—
	—	51.66	—
	—	112.60	—
	—	112.99	—
	—	55.33	—
	—	57.66	—
	—	176.23	—
Cash flow
	—	19.24	—
	—	-3.95	—
	—	-15.19	—
	—	4.23	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	101.14	81.22	178.93	86.29	74.05	73.66	158.03	113.28	80.40	96.05	—
	0.04	0.89	66.00	0.01	0.10	5.55	0.59	1.28	0.10	0.02	—
	101.18	82.11	244.93	86.30	74.15	79.21	158.62	114.56	80.40	96.07	—
	99.00	81.59	180.36	85.23	82.01	79.90	154.94	112.83	82.01	95.05	—
	78.40	76.74	169.24	75.73	55.96	62.53	136.11	103.81	55.96	77.61	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	0.00	—	—
	4.80	4.78	4.99	7.11	6.23	5.49	6.21	5.90	6.23	5.88	—
	2.68	2.25	3.38	3.67	3.49	3.22	3.27	1.16	3.49	3.22	—
	1.56	1.59	1.36	1.70	2.14	1.96	1.95	1.83	2.14	1.67	—
	4.56	5.61	13.70	7.61	3.92	4.28	10.74	5.93	3.92	5.24	—
	2.18	0.52	64.57	1.07	-7.86	-0.69	3.68	1.73	-7.86	1.02	—
	-0.23	-0.23	0.00	0.00	0.00	0.00	0.00	—	0.00	—	—
	1.95	0.29	64.57	1.07	-7.86	-0.69	3.68	1.73	-7.86	1.02	—
	0.63	0.07	13.16	-0.34	0.00	0.00	1.26	1.10	0.25	0.43	—
	1.32	0.22	51.41	1.41	-7.86	-0.69	2.42	0.63	-7.86	0.59	—
	0.52	0.09	21.09	0.58	-3.22	-0.28	0.99	0.26	-3.22	1.02	—
Key metrics
	6.19	4.13	69.31	6.44	-2.23	4.49	8.90	4.72	-2.23	5.91	—
	6.10%	5.10%	38.70%	7.50%	-3.00%	6.10%	5.60%	4.20%	-2.80%	6.20%	—
	1.30%	0.30%	28.70%	1.60%	-10.60%	-0.90%	1.50%	0.60%	-9.80%	0.60%	—
	1.70%	—	24.70%	—	-1.70%	—	2.60%	—	-1.70%	—	—
	36.60%	10.30%	13.20%	-23.80%	-7.90%	-23.30%	—	—	—	—	—
	116.80%	131.90%	2,024.40%	123.80%	0.00%	-216.90%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	447.58	412.93	447.76	—
	66.94	71.66	1.88	—
	514.52	484.59	449.64	—
	446.18	427.50	442.06	—
	400.11	363.46	374.57	—
	0.00	0.00	0.00	—
	21.68	23.82	23.58	—
	11.98	13.76	10.83	—
	6.21	7.16	7.10	—
	31.48	29.51	26.53	—
	68.34	57.09	7.58	—
	-0.46	0.00	0.00	—
	67.88	57.09	7.58	—
	13.52	12.80	3.06	—
	54.36	44.29	4.52	—
	22.28	18.17	1.86	—
Key metrics
	86.07	78.01	25.51	—
	19.23%	18.90%	5.70%	—
	12.15%	10.70%	1.00%	—
	—	25.80%	7.00%	—
	6.82%	-7.80%	—	—
	—	879.90%	—	—
	—	-109.37	15.01	—
	—	-2.37	4.26	—
	—	0.48	0.64	—
	—	106.97	112.72	—
	—	61.5	51.8	—
Balance sheet
	—	395.98	375.16	—
	—	204.47	133.82	—
	—	0.20	0.27	—
	—	55.48	81.60	—
	—	45.90	33.60	—
	—	52.71	13.16	—
	—	133.38	187.51	—
	—	31.83	51.66	—
	—	121.17	112.59	—
	—	107.17	112.99	—
	—	80.30	55.33	—
	—	26.87	57.66	—
	—	224.19	176.25	—
Cash flow
	—	-105.11	19.24	—
	—	125.92	-3.95	—
	—	-20.88	-15.19	—
	—	4.26	4.23	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +6.82%
Profit YoY (TTM): +1,088.36%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 54.04%

Quarter	September 2026	June 2026
Promoter %	54.04%	53.36%

Holder	Type	Holding	Previous	Change
KARAMJIT JAISWAL	Promoter	41.67%	41.67%	0.00%
ROSHINI SANAH JAISWAL	Promoter	10.94%	10.94%	0.00%
DHANVANI INVESTMENTS PRIVATE LIMITED	Public	8.76%	8.76%	0.00%
SUDHA COMMERCIAL COMPANY LIMITED	Public	7.15%	7.40%	-0.25%
SUDHIR AVASTHI	Public	4.40%	4.40%	0.00%
CRC FINCAP PRIVATE LIMITED	Public	2.75%	2.75%	0.00%
DEEPANKAR BARAT	Public	2.73%	2.73%	0.00%
SHIV MUSKAN INVESTMENTS PRIVATE LIMITED	Public	1.72%	1.72%	0.00%
J HOUSING PRIVATE LIMITED	Promoter Group	0.68%	—	—
BLUE SKIES INVESTMENTS PVT. LTD.	Promoter Group	0.39%	0.39%	0.00%
SNOWHITE HOLDINGS PVT. LTD.	Promoter Group	0.36%	0.36%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Hatsun Agro Products Ltd. S	23,312	1,046.55	63.47	20.20%	+19.09% TTM	+2.39% TTM	+0.74%
Milky Mist Dairy Food Limited	23,238	301.85	—	—	—	—	—
Kwality Wall’s (India) Limited S	9,335	39.73	—	-34.80%	—	—	—
Dodla Dairy Limited	5,940	984.70	27.54	15.90%	+17.12% TTM	-17.06% TTM	-20.83%
Vadilal Industries Ltd.	5,303	7,377.95	22.06	20.90%	+35.53% TTM	+78.99% TTM	+36.29%
Parag Milk Foods Limited	3,665	291.80	29.12	15.50%	+13.13% TTM	-7.12% TTM	-7.53%
Heritage Foods Limited	3,438	370.45	30.06	15.00%	+13.91% TTM	-33.80% TTM	-23.40%
Vadilal Enterprises Ltd. S	813	9,420.00	53.32	27.60%	+32.77% TTM	+309.68% TTM	-12.05%
SHEETAL COOL PRODUCTS LIMITED S	608	579.00	29.29	17.90%	+24.25% TTM	+43.47% TTM	+149.03%
Milkfood Ltd. S	248	97.01	4.57	25.80%	+6.82% TTM	+1,088.36% TTM	+30.13%
Modern Dairies Ltd. S	137	42.77	22.99	12.30%	+1.54% TTM	-92.49% TTM	-3.08%
DINDIGUL FARM PRODUCT LIMITED S	90	36.65	24.11	9.10%	—	—	+103.72%
Virat Crane Industries Ltd S	65	31.99	-9.22	-9.50%	+22.16% TTM	-677.24% TTM	-33.28%
HEALTHY LIFE AGRITEC LIMITED	26	5.15	—	9.40%	—	—	-69.05%
Tasty Dairy Specialities Limited S	7	3.28	—	-3.70%	-48.45% TTM	+50.00% TTM	-59.75%

Filings & corporate actions

Recent announcements

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sudhir Avasthi & Others30 Oct 2026 · Insider Trading / SAST / Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Deepankar Barat30 Oct 2026 · Insider Trading / SAST / Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
Allotment of 22,00,000 Equity Shares pursuant to conversion of 22,00,000 Convertible Warrants.30 Oct 2026 · Company Update / Allotment of Equity Shares
Outcome of the Board meeting _Allotment of 22,00,000 Equity shares pursuant to conversion of 22,00,000 Convertible Warrants.30 Oct 2026 · Others / Outcome without intimation
Pursuant to 47 of the SEBI (LODR) Regulations, 2015, please find enclosed newspaper clippings.27 Oct 2026 · Company Update / Newspaper Publication
Approval of Un-audited Financial Results for the quarter and half year ended September 30, 2026.26 Oct 2026 · Result / Financial Results
Approval of Un-audited Financial Results For the quarter and half year ended September 30, 2026 Statement of Deviation under regn 32 of SEBI LODR26 Oct 2026 · Board Meeting / Outcome of Board Meeting
Milkfood Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/10/2026 ,inter alia, to consider and approve Unaudited financial results for the ....16 Oct 2026 · Board Meeting / Board Meeting
The letter dated 6th October, 2026 confirming details of securities dematerialised during the quarter ended 30th September, 2026, from the RTA -Alankit Assignment Limited is enclosed.6 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
53rd Annual General Meeting held on 24.09.2026 at the Registered Office of the Company.25 Sep 2026 · AGM/EGM / AGM
Re-appointment of Mr. Harmesh Mohan Sood, aged 78 years who retired by rotation and was re-appointed as Director of the Company.24 Sep 2026 · Company Update / Change in Directorate
Summary of Proceedings of the 53rd Annual General Meeting24 Sep 2026 · Company Update / Meeting Updates
The trading window for dealing in shares of the Company for persons specified under the code shall remain closed begining 01st October, 2026, Thursday onwards upto 48 hours after declaration ....22 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Allotment of 22,00,000 Convertible Warrants7 Sep 2026 · Company Update / Allotment of Equity Shares
Outcome of Board Meeting- Allotment of 22,00,000 Convertible Warrants7 Sep 2026 · Others / Outcome without intimation
The Reason of Delay of disclosure2 Sep 2026 · Company Update / General
In compliance with Regulation 30(6) read with Part-A of Schedule III of SEBI (LODR) Regulations 2015, we hereby inform that Informatic Valuation and Rating Ltd. has assigned credit rating ....1 Sep 2026 · Company Update / Credit Rating
Newspaper clipping dated 28th August, 2026.28 Aug 2026 · Company Update / Newspaper Publication
In compliance with Regulation 36(1)(b) of the SEBI Listing Regulations, the Company has initiated dispatch of letter to those shareholders whose e-mail addresses are not registered with ....27 Aug 2026 · Company Update / General
Pursuant to the provisions of Section 91 of the Companies Act, 2013 read with Companies (Management and Administration) Rules, 2014 and Regulation 42 of the SEBI (LODR) Regulations, 2015, ....27 Aug 2026 · Corp. Action / Book Closure
Pursuant to Regulation 34(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Annual Report of the Company for the financial ....27 Aug 2026 · Others / Reg. 34 (1) Annual Report
Notice is hereby given that the 53rd Annual General Meeting (AGM) of the Members of Milkfood Limited will be held at the Registered Office of the Company at P.O. Bahadurgarh, District Patiala, ....27 Aug 2026 · AGM/EGM / AGM
Newspaper advertisement of financial results of June 30, 2026.8 Aug 2026 · Company Update / Newspaper Publication
Unaudited Financial Results of the Compnay for the quarter ended on 30th, June 20267 Aug 2026 · Board Meeting / Outcome of Board Meeting
Unaudited Financial Reults of the Company for the quarter ended on 30th June, 2026.7 Aug 2026 · Result / Financial Results
Milkfood Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/08/2026 ,inter alia, to consider and approve the unaudited financial results of ....30 Jul 2026 · Board Meeting / Board Meeting
1st (2026-27) Extra-ordinary Genral Meeting held on 27th July, 2026 , 1. Voting Results 2. Report of the Scrutinizer dated 27th July, 202627 Jul 2026 · AGM/EGM / EGM
Summary of proceedings of the 1st (2026-27) Extra-ordinary General Meeting as required under Regulation 30, Part-A of Schedule-III of the SEBI (Listing Obligations and Disclosure Requirements) ....27 Jul 2026 · Company Update / Meeting Updates
The letter dated 3rd July, 2026 confirming securities dematerilized during the quarter ended 30th June, 2026 from the Registrar and Transfer Agent - Alankit Assignments Limited is enclosed.8 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Copy of advertisement published in newspapers4 Jul 2026 · Company Update / Newspaper Publication
Copy of advertisement published in newspapers4 Jul 2026 · Company Update / Newspaper Publication
The Register of Members and Share Transfer Books of the Company will remain closed from 20th July, 2026 to 27th July, 2026 for EGM of the company, scheduled to be held on Monday, the 27th ....3 Jul 2026 · Corp. Action / Book Closure
Notice is hereby given that the 1st (2026-27) Extra-ordinary General Meeting (EGM) of the members of Milkfood Limited will be held at the Registered Office of the Company at P.O. Bahadurgarh, ....3 Jul 2026 · AGM/EGM / EGM
A. Preferential Issue to Non Promoter/Public Category in terms of applicable provisions of Chapter V of DEBI (Issue of Capital and Disclosure Reguirements ) Regulations, 2018 B. Approval ....30 Jun 2026 · Company Update / Preferential Issue
A. Preferential Issue to Non-Promoter/Public Category in terms of applicable provisions of Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. B. Approval ....30 Jun 2026 · Board Meeting / Outcome of Board Meeting
In accordance with SEBI (Prohibition of Insider Trading Regulations, 2015, we wish to inform you that the trading window shall remain closed from July 1, 2026 (Wednesday) untill 48 hours ....24 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Milkfood Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/06/2026 ,inter alia, to consider and approve the proposal for raising funds by ....24 Jun 2026 · Board Meeting / Board Meeting
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sudhir Avasthi & Others22 Jun 2026 · Insider Trading / SAST / Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
Board of Directors at its meeting today has allotted 12,18,000 equity shares to the Eligible Employees pursuant to the exercise of equivalent number of Employee Stock Options of the Company ....22 Jun 2026 · Company Update / Allotment of ESOP / ESPS
IEPFA has initiated a second 100 days campaign - "Saksham Niveshak" with the objective of reaching out shareholders whose dividend remain unpaid/unclaimed. In compliance with, pls. find ....16 Jun 2026 · Company Update / Newspaper Publication

Corporate actions

Purpose	Ex date	Record date	Payment date
E.G.M.	23 Dec 2024	—	—
Stock Split From Rs.10/- to Rs.5/-	13 Aug 2024	13 Aug 2024	—
Bonus issue 1:1	13 Aug 2024	13 Aug 2024	—
Interim Dividend - Rs. - 2.5000	5 Jul 2024	5 Jul 2024	—

Board meetings

26 Oct 2026 Board Meeting - Financial Results
7 Aug 2026 Board Meeting - Financial Results