Company Valuation: Parag Milk Foods Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 8,860 9,182 8,515 24,800 17,850 32,503 - -
Change - 3.64% -7.27% 191.26% -28.02% 82.09% - -
Enterprise Value (EV) 1 8,860 9,182 8,515 30,642 23,755 37,927 37,182 36,150
Change - 3.64% -7.27% 259.88% -22.48% 59.66% -1.96% -2.78%
P/E ratio 42.9x -1.69x 15.1x 27.9x 15.7x 20.5x 15.5x 12.5x
PBR - 1.66x - 2.72x 1.74x 2.6x 2.23x 1.89x
PEG - 0x -0x 0.5x 0.6x 0.6x 0.5x 0.5x
Capitalization / Revenue 0.48x 0.44x - 0.79x 0.52x 0.81x 0.73x 0.66x
EV / Revenue 0.48x 0.44x - 0.98x 0.69x 0.95x 0.84x 0.73x
EV / EBITDA 7.1x 12.9x - 15.5x 9.4x 11.7x 9.47x 7.97x
EV / EBIT 12.1x 23.9x - 22.4x 12.8x 15.1x 12x 9.92x
EV / FCF 15.6x -5.25x - 80.8x 26.9x 79x 49.9x 35x
FCF Yield 6.42% -19.1% - 1.24% 3.71% 1.27% 2% 2.85%
Dividend per Share 2 0.5 - - 0.5 1 - - -
Rate of return 0.47% - - 0.24% 0.67% - - -
EPS 2 2.46 -56.91 4.82 7.47 9.51 12.7 16.8 20.8
Distribution rate 20.3% - - 6.69% 10.5% - - -
Net sales 1 18,418 20,718 - 31,387 34,322 40,065 44,313 49,361
EBITDA 1 1,248 711.8 - 1,971 2,527 3,231 3,925 4,535
EBIT 1 729.9 384.5 - 1,369 1,855 2,507 3,111 3,643
Net income 1 207 -5,325 532.5 905.8 1,188 1,493 1,969 2,443
Net Debt 1 - - - 5,843 5,904 5,424 4,679 3,647
Reference price 2 105.55 96.45 72.65 208.05 149.75 260.15 260.15 260.15
Nbr of stocks (in thousands) 83,939 95,200 1,17,200 1,19,200 1,19,200 1,24,939 - -
Announcement Date 12/06/21 30/06/22 29/04/23 18/05/24 02/05/25 - - -
1INR in Million2INR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.28x0.98x12.13x-.--% 37Cr
15.36x1.56x10.62x4.78% 2.42TCr
13.24x0.85x7.55x3.65% 785.5Cr
12.35x1.82x7.17x4.1% 709.94Cr
51.45x4.17x28.08x1.88% 679.12Cr
17.42x2.07x10.33x5.66% 564.01Cr
17.34x1.05x10.04x2.35% 503.55Cr
Average 21.21x 1.78x 12.27x 3.2% 814.63Cr
Weighted average by Cap. 19.41x 1.81x 11.78x 4.04%
See all sector valuations

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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