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Parag Milk Foods - Revision history
2026-11-15T15:52:07Z
Revision history for this page on the wiki
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Sanjay: New new entry more to come
2025-08-07T22:12:16Z
<p>New new entry more to come</p>
<p><b>New page</b></p><div>{{short description|Dairy company (e. 1992)}}<br />
{{Use dmy dates|date=June 2021}}<br />
<br />
{{Infobox company<br />
| name = Parag Milk Foods Limited<br />
| logo = Parag milk foods logo.png<br />
| logo_size = 120<br />
| type = [[Public company|Public]]<br />
| traded_as = {{BSE|539889}}<br />{{NSE|PARAGMILK}}<br />
| founder = <br />
| key_people = Devendra Shah <small>(Chairman)</small><ref name="devendra shah">{{cite news |last1=Ananya Saha |first1=Ananya |title='Swimming is my favourite workout': Devendra Shah, Chairman, Parag Milk Foods |url=https://www.financialexpress.com/industry/swimming-is-my-favourite-workout-devendra-shah-chairman-parag-milk-foods/1202272/ |accessdate=5 May 2019 |work=The Financial Express |date=12 June 2018}}</ref><br />
| area_served = [[India]]<br />
| industry = [[Dairy]]<br />
| genre = <br />
| products = [[Milk]], [[butter]], [[cheese]], [[ghee]], [[cottage cheese]], [[yogurt]] and [[whey protein]]<br />
| services = <br />
| former_name = <br />
| revenue = {{increase}} {{INRConvert|1923|c}} (2018)<ref name="annual report 1718">{{cite web |title=Parag Milk Foods Limited Annual Report 2017-18 |url=http://www.paragmilkfoods.com/parag_uploads/images/pdfs/AnnualReportFY1718.pdf |accessdate=5 May 2019}}</ref><br />
| operating_income = {{increase}} {{INRConvert|1865|c}} (2018)<ref name="annual report 1718" /><br />
| net_income = <br />
| assets = {{increase}} {{INRConvert|1367|c}} (2018)<ref name="annual report 1718" /><br />
| owner = <br />
| parent = <br />
| divisions = <br />
| subsid = <br />
| homepage = {{URL|http://www.paragmilkfoods.com/|paragmilkfoods.com}}<br />
| footnotes = <br />
| foundation = {{Start date and age|1992}} <br />
| location_city = [[Mumbai]] and [[Pune]], [[Maharashtra]]<br />
| location_country = [[India]]<br />
| num_employees = 1,787 (as on 31 March 2018)<ref name="annual report 1718" /><br />
| locations = <br />
| caption = <br />
}}<br />
<br />
'''Parag Milk Foods''' is a [[Pune]]-based private dairy. <br />
==History==<br />
Parag Milk Foods started as a dairy in [[Manchar]] with a 20,000 litre capacity in 1992. It started with production of skimmed milk powder and by 2004 became India's largest exporter of the skimmed milk powder.{{Citation needed|date=September 2024}} However, the company faced a challenge when the [[Government of India]] banned export of milk powder on account of local milk shortage.<ref name="ipo">{{cite news |last1=Mudgill |first1=Amit |title=Modest debut: Parag Milk Foods lists at Rs 217.50, a premium of 1.2% over issue price |url=https://economictimes.indiatimes.com/markets/ipos/fpos/modest-debut-parag-milk-foods-lists-at-rs-217-50-a-premium-of-1-2-over-issue-price/articleshow/52338530.cms |accessdate=5 May 2019 |work=The Economic Times |date=19 May 2016}}</ref><ref name="ipo 1">{{cite news |title=Parag Milk shares stage decent debut, surge 14% against issue price |url=https://www.businesstoday.in/markets/company-stock/parag-milk-shares-stage-decent-debut-surge-against-issue-price/story/232758.html |accessdate=5 May 2019 |work=Business Today}}</ref><ref name="topp up">{{cite news |last1=Kulshrestha |first1=Ashish |title=Dairies, aerated drink companies eye high-margin milk-based beverages |url=https://economictimes.indiatimes.com/industry/cons-products/food/dairies-aerated-drink-companies-eye-high-margin-milk-based-beverages/articleshow/58711552.cms |accessdate=5 May 2019 |work=The Economic Times |date=17 May 2017}}</ref> <br />
<br />
==Acquisitions==<br />
In 2018, Parag Milk Foods acquired [[Danone]]'s facility in [[Sonipat]], [[Haryana]] for {{INRConvert|30|c}} after the latter decided to shut its dairy operations in India.<ref name="danone 1">{{cite news |last1=Mitra |first1=Sounak |title=Parag Milk buys Danone dairy factory in Haryana |url=https://www.livemint.com/Companies/jDEuOP033lu7CqqVpKRocM/Parag-Milk-buys-Danone-dairy-factory-in-Haryana.html |accessdate=5 May 2019 |work=Live Mint |date=20 April 2018 |language=en}}</ref><ref name="danone 2">{{cite news |last1=Pinto |first1=Viveat Susan |title=Danone's loss is Parag's gain: Are dairy MNCs facing challenges in India? |url=https://www.business-standard.com/article/companies/danone-s-loss-is-parag-s-gain-are-dairy-mncs-facing-challenges-in-india-118042300009_1.html |accessdate=5 May 2019 |work=Business Standard India |date=23 April 2018}}</ref><br />
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==References==<br />
{{Reflist}}<br />
<br />
==External links==<br />
* [http://www.paragmilkfoods.com/ Official website]<br />
<br />
[[Category:Dairy products companies of India]]<br />
[[Category:Companies listed on the National Stock Exchange of India]]<br />
[[Category:Companies listed on the Bombay Stock Exchange]]</div>
Sanjay