Parag Milk Foods Profile
Key Indicators
- Authorised Capital ₹ 200.00 Cr
- Paid Up Capital ₹ 119.20 Cr
- Company Age 32 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,003.63 Cr
- Satisfied Charges ₹ 689.29 Cr
- Revenue Growth 41.96%
- Profit Growth 112.94%
- Ebitda 132.41%
- Net Worth 49.00%
- Total Assets 19.86%
About Parag Milk Foods
Parag Milk Foods Limited (PMFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 December 1992 and has a history of 32 years and one month. Its registered office is in Pune, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 539889 and on the National Stock Exchange(NSE) under PARAGMILK.
The Corporate was formerly known as Parag Milk Foods Private Limited. The Company is engaged in the Food And Beverages Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 200.00 Cr and a paid-up capital of Rs 119.20 Cr.
The company currently has active open charges totaling ₹1,003.63 Cr. The company has closed loans amounting to ₹689.29 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Parag Milk Foods Limited India are Virendra Varma as COMPANY SECRETARY and Pritam Shah as Cfo. Radhika Pereira, Narendra Ambwani, Preetam Shah, and Five other members serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Parag Milk Foods Limited offer?
Parag Milk Foods Limited offers a wide range of products and services, including Ready to Eat & Instant Food Mixes, Instant Mixes, Milk, Go Milk, Cheese, Mozzarella Cheese, Double Toned Milk, Dairy Products, Gowardhan Dairy Products, Fresh Cow Milk.
Who are the key members and board of directors at Parag Milk Foods?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Preetam Shah  | Managing Director | 29-Dec-1992 | Current |
| Virendra Varma | Company Secretary | 18-Oct-2022 | Current |
| Pritam Shah | CFO | 29-Apr-2023 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Radhika Pereira | Director | 26-May-2015 | Current |
| Narendra Ambwani | Director | 26-May-2015 | Current |
| Akshali Shah | Whole-Time Director | 25-Dec-2022 | Current |
| Devendra Shah | Whole-Time Director | 29-Dec-1992 | Current |
| Nikhil Vora | Director | 20-Aug-2021 | Current |
| Nitin Dhavalikar | Director | 28-Jul-2015 | Current |
Financial Performance of Parag Milk Foods.
Parag Milk Foods Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.96% increase. The company also saw a substantial improvement in profitability, with a 112.94% increase in profit. The company's net worth Soared by an impressive increase of 49%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Parag Milk Foods?
In 2022, Parag Milk Foods had a promoter holding of 40.75% and a public holding of 59.25%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tips Films LimitedRadhika Pereira is a mutual person
The Indian Society Of AdvertisersNarendra Ambwani is a mutual person
Wonderchef Home Appliances Private LimitedNikhil Vora is a mutual person
Vahdam Teas Private LimitedNikhil Vora is a mutual person
Banswara Syntex LtdNarendra Ambwani is a mutual person
Bikaji Foods International LimitedNikhil Vora is a mutual person
Charges (Loans)
₹1,003.63 Cr
₹689.29 Cr
Charges Breakdown by Lending Institutions
- Others : 764.00 Cr
- Idbi Trusteeship Services Limited : 150.00 Cr
- International Finance Corporation : 87.23 Cr
- State Bank Of India : 1.50 Cr
- Hdfc Bank Limited : 0.90 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Sep 2024 | State Bank Of India | ₹1.50 Cr | Open |
| 04 May 2021 | Idbi Trusteeship Services Limited | ₹150.00 Cr | Open |
| 16 Apr 2021 | Hdfc Bank Limited | ₹9.00 M | Open |
| 25 Sep 2019 | Others | ₹200.00 Cr | Open |
| 04 Dec 2017 | Others | ₹33.00 Cr | Open |
How Many Employees Work at Parag Milk Foods?
Parag Milk Foods has a workforce of 1734 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Parag Milk Foods, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Parag Milk Foods's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
