Parag Milk Foods enterprise value

Share price at each year-end

Tap a line for its trend	Currentlast 12M	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus


3,062	—	—	—	—	FY22 and earlierEvery year the company has filed comes with Alpha Plus.
3.3	3.3	11.9	10.6	13.8
540	540	615	612	589
3,599	—	—	—	—
537	537	604	601	576
₹287.92	—	—	—	—

1,799	1,799	1,639	1,524	1,397
30.0%	30.0%	37.6%	40.1%	42.2%
0.15×	—	—	—	—

0.92×	—	—	—	—
13.47×	—	—	—	—
18.53×	—	—	—	—
89.47×	—	—	—	—
3,911	3,818	3,432	3,139	2,893
267	257	253	197	133
194	186	185	137	75.6
—	149	212	99.1	−194
40.2	40.2	86.5	37.9	−255
—	31.8	77.6	37.9	−255
—	109	126	61.2	60.9

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

PARAGMILK₹244.95

Parag Milk Foods Limited

· FMCG & Retail

₹ CrorePeersVADILALIND DODLA KWIL HATSUN MLKFOOD VADILENTMcap ₹3,062 Cr

HighlightsEnterprise Value Multiples Per ShareAnnuals · FY-end closes

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Current/LTM TTM · last close
Market Capitalization	—	—	—	—	3,062.1
- Cash, Equiv & ST Investments	13.8	10.6	11.9	3.3	3.3
+ Total Debt	589.4	611.8	615.5	540.4	540.4
Enterprise Value	—	—	—	—	3,599.3
Net Debt (memo)	575.6	601.3	603.6	537.2	537.2
EV per Share	—	—	—	—	287.92

Total Capital	1,397.4	1,523.9	1,638.9	1,799.0	1,799.0
Total Debt/Total Capital	42.18	40.15	37.56	30.04	30.04
Total Debt/EV	—	—	—	—	0.15

EV/Sales	—	—	—	—	0.92
EV/EBITDA	—	—	—	—	13.47
EV/EBIT	—	—	—	—	18.53
EV/Free Cash Flow	—	—	—	—	89.47
Reference Items — Trailing FY Values
Sales	2,892.6	3,138.7	3,432.2	3,817.5	3,910.6
EBITDA	132.9	197.1	252.7	256.8	267.1
EBIT	75.6	136.9	185.5	186.0	194.3
Operating Cash Flow	-194.0	99.1	212.0	149.5	—
Free Cash Flow	-255.0	37.9	86.5	40.2	40.2
FCFF (free cash flow to the firm)	-255.0	37.9	77.6	31.8	—
Capital Expenditure	60.9	61.2	125.5	109.3	—

Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.