Milkfood

Why is Milkfood Ltd falling/rising?

As of 10-Jun, Milkfood Ltd's stock price is declining, with a recent drop of 1.51% and a total decline of 4.1% over the last three days. The stock has consistently underperformed against benchmarks and shows weak fundamentals, contributing to waning investor interest and a significant drop in delivery volume.

As of 10-Jun, Milkfood Ltd's stock price is currently falling, evidenced by a change of -1.04, which represents a decline of 1.51%. This downward trend is part of a broader pattern, as the stock has been losing value for the last three days, resulting in a total decline of 4.1% during this period. Additionally, the stock has underperformed its sector by 2.84% today.<BR><BR>The stock's performance over various time frames also indicates weakness. Over the past week, it has decreased by 3.27%, while its one-year return stands at -19.69%, significantly underperforming the benchmark Sensex, which has only declined by 10.21% in the same period. Furthermore, the stock has shown a consistent underperformance against the benchmark over the last three years, with a staggering decline of 52.22% compared to the Sensex's gain of 18.14%.<BR><BR>Investor participation appears to be waning, as indicated by a substantial drop in delivery volume, which fell by 78.77% compared to the five-day average. This lack of interest may contribute to the stock's declining price. Despite the company having a high return on capital employed (ROCE) of 0.2 and trading at a discount compared to its peers, the overall financial health of Milkfood Ltd raises concerns. The company has reported negative results for the last four consecutive quarters, with a significant drop in profit after tax and a high debt-to-EBITDA ratio of 17.39 times, indicating a low ability to service its debt.<BR><BR>In summary, the combination of recent price declines, poor performance relative to benchmarks, falling investor participation, and weak long-term fundamentals are contributing to the ongoing decline in Milkfood Ltd's stock price.

Which are the latest news on Milkfood?

How big is Milkfood?

As of 10th June, Milkfood Ltd has a market capitalization of 168.00 Cr, with recent net sales totaling 419.02 Cr and a net loss of 5.51 Cr over the last four quarters. Shareholder's funds are valued at 176.23 Cr, and total assets amount to 375.15 Cr.

As of 10th June, <BR><BR>Market Cap: Milkfood Ltd has a market capitalization of 168.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 419.02 Cr, while the sum of Net Profit for the same period shows a loss of 5.51 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are valued at 176.23 Cr, and Total Assets amount to 375.15 Cr.

What does Milkfood do?

Milkfood Ltd is a Punjab-based FMCG company that manufactures and sells dairy products. As of March 2026, it reported net sales of ₹179 Cr and a net profit of ₹51 Cr, with a market cap of ₹168 Cr.

Overview: <BR>Milkfood Ltd is a Punjab-based company operating in the FMCG industry, primarily engaged in the manufacture and sale of dairy products.<BR><BR>History: <BR>Milkfood Ltd was incorporated in March 1973 and is controlled by the Jaiswal family through L P Investments, a subsidiary of Jagatjit Industries. The latest quarterly results reported are for March 2026, showing net sales and profit.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 179 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 51 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 168 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 45 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.76 <BR>Return on Equity: -3.26% <BR>Price to Book: 1.01<BR><BR>Contact Details: <BR>Address: Bahadurgarh, Patiala Punjab: 147021 <BR>Phone: 91-0175-2381404 <BR>Email: milkfoodltd@milkfoodltd.com <BR>Website: http://www.milkfoodltd.com

Should I buy, sell or hold Milkfood Ltd?

When is the next results date for Milkfood Ltd?

The next results date for Milkfood Ltd is 22 May 2026.

The next results date for Milkfood Ltd is scheduled for 22 May 2026.

Is Milkfood overvalued or undervalued?

As of November 18, 2025, Milkfood's valuation has shifted from very attractive to attractive, with key ratios indicating overvaluation, including a PE Ratio of -31.11 and an EV to EBITDA of 35.85, while its stock has underperformed the Sensex with a year-to-date return of -37.77%.

As of 18 November 2025, the valuation grade for Milkfood has moved from very attractive to attractive. The company is currently assessed as overvalued. Key ratios include a PE Ratio of -31.11, an EV to EBITDA of 35.85, and a Price to Book Value of 1.01. <BR><BR>In comparison to its peers, Milkfood's PE Ratio is significantly lower than Hindustan Unilever's 53.39 and Nestle India's 81.48, both of which are classified as very expensive. Additionally, Milkfood's EV to EBITDA ratio is higher than the industry average, indicating potential overvaluation. The company's stock has underperformed relative to the Sensex, with a year-to-date return of -37.77% compared to the Sensex's 8.36%, reinforcing the overvaluation narrative.

Are Milkfood latest results good or bad?

Milkfood's latest results are concerning, showing a net loss of ₹7.86 crores in Q2 FY26, a 973.33% decline year-on-year, with negative operating and profit margins. The company faces significant operational challenges and has been rated a "STRONG SELL" by the market.

Milkfood's latest results indicate a troubling financial situation. In the second quarter of FY26, the company reported a net loss of ₹7.86 crores, which is a drastic decline of 973.33% year-on-year. This marks a significant deterioration from the previous quarter, where the loss was only ₹0.69 crores. <BR><BR>Net sales for the quarter stood at ₹74.05 crores, reflecting a 7.90% decrease compared to the same period last year. The operating margin has also turned negative, with a margin of -3.15%, a stark contrast to the 7.44% margin reported in the same quarter last year. Additionally, the profit after tax (PAT) margin is at -10.61%, indicating deep losses.<BR><BR>The company's operational challenges are compounded by rising interest costs, which increased by 9.75% year-on-year. This has led to an operating profit to interest coverage ratio of -0.67 times, suggesting that Milkfood is unable to cover its interest obligations from its operational cash flows.<BR><BR>Overall, the financial performance shows a significant decline in profitability, with multiple red flags indicating serious operational and financial challenges. The company has been rated as a "STRONG SELL," reflecting the market's lack of confidence in its ability to recover.

How has been the historical performance of Milkfood?

Milkfood's historical performance has shown fluctuations, with net sales peaking at 551.41 Cr in Mar'20 and declining to 447.76 Cr in Mar'25, alongside decreasing profitability metrics and increased total assets and liabilities. Overall, the company has faced challenges in maintaining consistent sales and profit margins.

Answer:<BR>The historical performance of Milkfood shows fluctuations in key financial metrics over the years, with notable trends in net sales, profit margins, and overall profitability.<BR><BR>Breakdown:<BR>Milkfood's net sales have varied significantly, peaking at 551.41 Cr in Mar'20 before declining to 447.76 Cr in Mar'25. The total operating income followed a similar trend, reaching a high of 551.41 Cr in Mar'20 and dropping to 447.76 Cr in Mar'25. Raw material costs have also fluctuated, with a notable increase to 374.57 Cr in Mar'25 from 328.09 Cr in Mar'24. Operating profit (PBDIT) has shown some volatility, with a peak of 29.07 Cr in Mar'24 and a slight decrease to 25.50 Cr in Mar'25. Profit before tax has declined from 11.49 Cr in Mar'23 to 7.57 Cr in Mar'25, while profit after tax also decreased from 9.75 Cr in Mar'23 to 4.51 Cr in Mar'25. The company's total assets have increased from 300.17 Cr in Mar'20 to 375.15 Cr in Mar'25, indicating growth in the asset base, while total liabilities have also risen, reaching 112.99 Cr in Mar'25. Cash flow from operating activities has shown a decline, with a cash flow of 20.00 Cr in Mar'24 compared to a negative cash flow of -30.00 Cr in Mar'23. Overall, Milkfood's financial performance reflects a challenging environment with fluctuating sales and profitability metrics over the years.

Who are in the management team of Milkfood?

As of March 2023, the management team of Milkfood includes Sudhir Avasthi (Managing Director), along with independent directors Gita Bawa, Kewal Krishan Kohli, Anil Girotra, and non-executive director Namita Swain, among others. The team also features directors Harmesh Mohan Sood and Preeti Mathur, and Rakesh Kumar Thakur as Company Secretary & Compliance Officer.

As of March 2023, the management team of Milkfood includes the following members:<BR><BR>1. Gita Bawa - Independent Director<BR>2. Harmesh Mohan Sood - Director<BR>3. Preeti Mathur - Director<BR>4. Rakesh Kumar Thakur - Company Secretary & Compliance Officer<BR>5. Kewal Krishan Kohli - Independent Director<BR>6. Anil Girotra - Independent Director<BR>7. Sudhir Avasthi - Managing Director<BR>8. Namita Swain - Non-Executive Director<BR><BR>This team encompasses a mix of independent directors, executive roles, and compliance oversight.

What is the technical trend for Milkfood?

As of May 9, 2025, Milkfood's technical trend is mildly bearish, influenced by daily moving averages and a bearish monthly MACD, despite some mildly bullish signals on the weekly MACD and KST.

As of 9 May 2025, the technical trend for Milkfood has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The moving averages on the daily chart are also mildly bearish. Bollinger Bands reflect a mildly bearish trend on both weekly and monthly time frames. The KST shows a mildly bullish signal weekly but is bearish monthly, and Dow Theory indicates a mildly bullish trend on the weekly chart with no trend on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the monthly MACD.

Who are the top shareholders of the Milkfood?

The top shareholders of Milkfood are Mr. Karamjit Jaiswal with 43.76%, Dhanvani Investments Private Limited at 9.2%, and individual investors holding 17.46%. There are also three mutual fund schemes with a combined 0.02%, and no foreign institutional investors are currently involved.

The top shareholders of Milkfood include Mr. Karamjit Jaiswal, who is the promoter with the highest holding at 43.76%. The next significant shareholder is Dhanvani Investments Private Limited, holding 9.2%. Additionally, individual investors collectively own 17.46% of the company. There are also three mutual fund schemes that hold a very small portion, at 0.02%, while there are currently no foreign institutional investors (FIIs) involved.

What is the bonus history of the Milkfood?

Milkfood Ltd has announced a 1:1 bonus issue, with an ex-date of August 13, 2024, meaning shareholders will receive one additional share for each share they own as of that date.

Milkfood Ltd has a recent bonus issue history where they announced a 1:1 bonus issue. The ex-date for this bonus is set for August 13, 2024. This means that shareholders will receive one additional share for every share they own as of that date. If you have any more questions about Milkfood or its financial activities, feel free to ask!

Has Milkfood declared dividend?

Yes, Milkfood Ltd has declared a 25% dividend, amounting to ₹2.5 per share, with an ex-date of July 5, 2024. However, the company has experienced significant price declines over various periods, resulting in negative total returns despite the dividend.

Milkfood Ltd has declared a 25% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 25%<BR>- Amount per share: 2.5<BR>- Ex-date: 05 Jul 24<BR><BR>Dividend Yield: 0.63%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -28.36%, with no dividend return, resulting in a total return of -28.36%.<BR><BR>Over the past year, the price return was -37.27%, with a dividend return of 1.87%, leading to a total return of -35.4%.<BR><BR>In the 2-year period, the price return was -42.68%, while the dividend return was 3.51%, culminating in a total return of -39.17%.<BR><BR>For the 3-year period, the price return was -9.44%, with a dividend return of 8.45%, resulting in a total return of -0.99%.<BR><BR>In the 4-year timeframe, the price return was -6.43%, the dividend return was 8.21%, and the total return was 1.78%.<BR><BR>Over the last 5 years, the price return was -16.97%, with a dividend return of 7.46%, leading to a total return of -9.51%.<BR><BR>Overall, while Milkfood has declared a dividend, the total returns over various periods indicate significant declines in price, suggesting challenges in the company's performance despite the dividend announcements.

Who are the peers of the Milkfood?

Milkfood's peers include Hind. Unilever, ITC, Nestle India, Britannia Inds., Godrej Consumer, Dhunseri Tea, Galaxy Cloud, TBI Corn, and Jeyyam Global. Milkfood has below-average management risk and a 1-year return of -35.59%, significantly lower than its peers, with Galaxy Cloud leading at 33.41%.

Peers: The peers of Milkfood are Hind. Unilever, ITC, Nestle India, Britannia Inds., Godrej Consumer, Dhunseri Tea, Galaxy Cloud, TBI Corn, and Jeyyam Global.<BR><BR>Quality Snapshot: Excellent management risk is observed at ITC, Nestle India, Britannia Inds., and ATC Energies, while Good management risk is found at Hind. Unilever and Godrej Consumer. Average management risk is present at Dhunseri Tea and Jeyyam Global, while Milkfood and Galaxy Cloud exhibit Below Average management risk. Growth is Excellent at TBI Corn and Jeyyam Global, Average at Nestle India and ATC Energies, and Below Average at Hind. Unilever, ITC, Britannia Inds., Godrej Consumer, Dhunseri Tea, Milkfood, and Galaxy Cloud. Capital Structure is Excellent for Hind. Unilever, ITC, Nestle India, Britannia Inds., and Godrej Consumer, while Below Average is seen at Dhunseri Tea, Milkfood, Galaxy Cloud, TBI Corn, and Jeyyam Global.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Galaxy Cloud at 33.41%, while Milkfood has the lowest at -35.59%. Milkfood's 1-year return is significantly lower than all its peers. Additionally, the six-month return is negative for Milkfood, Dhunseri Tea, and Godrej Consumer.