Milky Mist Dairy Food share price
NSE: MILKYMISTBSE: 544868Food Products
Milky Mist Dairy Food Limited · Face value ₹2 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Aug 2026 · Issue price ₹140
Last close ₹304.50up ₹5.35 (1.79%)BSE ₹304.55
Share price at the NSE close on 29 Oct 2026. Previous close ₹299.15.
29 Oct: open ₹302.00, high ₹307.80, low ₹290.55
Range of traded prices from listing on 18 Aug 2026 to 29 Oct 2026
₹165.00Low, 18 Aug 2026₹342.40High, 8 Oct 2026
- Under NSE's long-term additional surveillance, stage IV, on the list for 28 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- Next results date: the board meets on 29 Oct 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. Market capitalisation: how it is worked out
- ₹23,442 Cr
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- No full year
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- No balance sheet
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonesince listing in Aug 2026
- Volume, NSEVolume. Shares traded on the last trading day. Volume in the glossary
- 6,59,032
About Milky Mist Dairy Food
Milky Mist Dairy Food Limited buys milk directly from farmers and makes value-added dairy products such as paneer, cheese, curd, butter, ghee, yogurt and ice cream, sold under the Milky Mist brand.123 It makes them at its plant at Perundurai in Erode, Tamil Nadu, and sells them across India.45
Besides Milky Mist, its brands include SmartChef, Capella, Briyas and Asal.6 As of 30 Jun 2026 it offered more than 640 products (stock-keeping units) in 22 categories.6 It reports its results as a single business segment, the processing of milk and making of milk products.7
Milky Mist launched branded packaged paneer in 1997-1998.8 The company was incorporated on 10 July 2014 and became a public limited company on 26 May 2025.9 It bought the Briyas brand of soy-based foods on 19 February 2025, and on 29 March 2025 Asal Food Products, a food processing and manufacturing company, became its wholly owned subsidiary.101 Its promoter and promoter group, which includes Sathishkumar T, its chairman and managing director, Anitha S, a whole-time director, and family trusts, held 98.09% of the shares at 31 Mar 2026.1112
Milky Mist Dairy Food key points
Results
- In the quarter to Jun 2026, consolidated revenue from operations rose 43.6% to ₹973.45 crore from ₹678.09 crore, and EBITDA (earnings before interest, tax, depreciation and amortisation), including other income as the company presents it, rose 74.5% to ₹144.89 crore.13
- Consolidated profit after tax for the quarter to Jun 2026 was ₹64.68 crore, against ₹6.53 crore a year earlier.14
- Consolidated revenue from operations for the year to Mar 2026 was ₹3,138.36 crore, against ₹2,349.50 crore a year earlier.1516
- Consolidated profit for the year to Mar 2026 was ₹12,701.24 lakh.17
Market position
- In the year to Mar 2026, the company says, it was the largest private packaged paneer brand in India's organised market, with about 19% by value, and the largest private packaged cheese brand in South India, with about 12%.1819
- The company also says it was among India's top 2 private packaged yogurt brands in the year to Mar 2026, with about 13% of the organised market by value.1820
Revenue mix
- In the quarter to Jun 2026, paneer revenue rose 34% to ₹248.29 crore, cheese revenue rose 38%, curd revenue 27% and ice cream revenue 60%, against the same quarter a year earlier.2122
- In the quarter to Jun 2026, general trade (neighbourhood shops) made up 33% of net sales and e-commerce platforms 19%.23
Where revenue comes from
- On its earnings call of 1 Sep 2026, the company said 69% of its revenue currently comes from South India, and that sales grew 44% year on year in the South and 50% outside it.24
- On its earnings call of 1 Sep 2026, the company said the split between South India and the rest of the country could change gradually to the range of 60:40, with no drastic reduction in either over the next 5 years.24
Plants and capacity
- The Perundurai plant in Erode spreads across 73 acres; its paneer capacity rose in June 2025 from 72 to 192 metric tonnes (MT) a day.2526
- A new cheddar cheese plant with an installed capacity of 120 MT a day, up from 15.6 MT a day, was commissioned in the quarter to Jun 2026.2726
- On its earnings call of 1 Sep 2026, the company said the Perundurai plant's revenue potential at current prices is about 3 to 3.5 times its revenue for the year to Mar 2026.28
Milk sourcing and distribution
- In the quarter to Jun 2026, Milky Mist procured an average of 13.2 lakh litres of milk a day; at 31 Mar 2026 it bought from more than 83,000 farmers through about 3,000 milk collection units.2930
- At 30 Jun 2026 it sold through more than 4,200 distributors and 3,94,000 retail points in 22 states and 5 union territories, with more than 41,000 visi coolers and freezers (refrigerated display units) placed at shops.31
- Milky Mist runs its own fleet of about 375 vehicles carrying chilled, ambient and frozen products.32
- On its earnings call of 1 Sep 2026, the company said it plans to place more than 50,000 visi coolers, ice cream freezers and chocolate coolers over the next 3 financial years.33
Expansion and capital spending
- In its presentation of 31 Aug 2026, the company said its ₹1,428 crore from new shares goes to repaying borrowings (₹496.9 crore), expanding and modernising the Perundurai plant (₹469.2 crore), placing coolers and freezers at shops (₹155.3 crore) and general corporate purposes (₹306.6 crore).34
- On its earnings call of 1 Sep 2026, the company said it has ordered a plant to extract protein from cheese whey, the liquid left after making cheese and paneer, expected to run in at least 15 to 18 months.35
- On its earnings call of 1 Sep 2026, the company said it has taken land in Maharashtra and began buying milk there about 6 months earlier; the plant is at the drawing-board stage, with manufacturing capacity planned in about 3 years.3637
Recent events
- On 30 Sep 2026 the company announced it had commissioned a 10 MW solar plant at Arasanoor, taking its solar and wind power capacity to about 41 MW.38
- On 27 Aug 2026, Crisil upgraded the long-term credit rating (an opinion on timely debt repayment) on its ₹1,747 crore of bank facilities to A+/Stable from A-/Positive, and the short-term rating to A1 from A2+.39
- Its shares listed on NSE and BSE on 18 Aug 2026 after an initial public offering (IPO) of ₹1,553 crore, of which ₹125 crore was sold by existing shareholders; the IPO was subscribed 56.12 times.40
Last updated
All 40 sources, each with its page
- 1. Annual report, 24 Oct 2026, page 129
- 2. Annual report, 24 Oct 2026, page 10
- 3. Exchange filing, 30 Sep 2026, page 3
- 4. Earnings call, 1 Sep 2026, page 4
- 5. Earnings call, 1 Sep 2026, page 5
- 6. Exchange filing, 30 Sep 2026, page 3
- 7. Annual report, 24 Oct 2026, page 173
- 8. Earnings call, 1 Sep 2026, page 3
- 9. Annual report, 24 Oct 2026, page 51
- 10. Annual report, 24 Oct 2026, page 147
- 11. Annual report, 24 Oct 2026, page 75
- 12. Annual report, 24 Oct 2026, page 2
- 13. Investor presentation, 31 Aug 2026, page 22
- 14. Investor presentation, 31 Aug 2026, page 22
- 15. Exchange filing, 30 Sep 2026, page 3
- 16. Investor presentation, 31 Aug 2026, page 25
- 17. Annual report, 24 Oct 2026, page 191
- 18. Exchange filing, 30 Sep 2026, page 3
- 19. Investor presentation, 31 Aug 2026, page 6
- 20. Investor presentation, 31 Aug 2026, page 6
- 21. Earnings call, 1 Sep 2026, page 6
- 22. Investor presentation, 31 Aug 2026, page 20
- 23. Investor presentation, 31 Aug 2026, page 21
- 24. Earnings call, 1 Sep 2026, page 18
- 25. Investor presentation, 31 Aug 2026, page 11
- 26. Investor presentation, 31 Aug 2026, page 28
- 27. Earnings call, 1 Sep 2026, page 7
- 28. Earnings call, 1 Sep 2026, page 18
- 29. Earnings call, 1 Sep 2026, page 17
- 30. Investor presentation, 31 Aug 2026, page 13
- 31. Investor presentation, 31 Aug 2026, page 12
- 32. Earnings call, 1 Sep 2026, page 5
- 33. Earnings call, 1 Sep 2026, page 6
- 34. Investor presentation, 31 Aug 2026, page 18
- 35. Earnings call, 1 Sep 2026, page 14
- 36. Earnings call, 1 Sep 2026, page 18
- 37. Earnings call, 1 Sep 2026, page 19
- 38. Exchange filing, 30 Sep 2026, page 1
- 39. Exchange filing, 27 Aug 2026, page 1
- 40. Investor presentation, 31 Aug 2026, page 18
Results
Consolidated; ₹ crore; no annual accounts on record yet.Milky Mist Dairy Food quarterly results
Quarter to Jun 2026
- Revenue
- ₹973 Cr
- Net profit
- ₹65 Cr
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 6.6%
| ₹ crore | Jun 2026 |
|---|---|
| Revenue | 973 |
| Net profit | 65 |
| Net margin | 6.6% |
Consolidated. The quarter to Jun 2026, the first on record. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
In the quarter to Jun 2026 the company reports one business segment, Processing of milk and manufacturing of milk related products, which carries all its revenue.
Mutual fund holdings
37 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before.All 37 funds holding Milky Mist Dairy Food
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 4
- CutCut. Funds that held fewer shares than at the end of the month before.
- 14
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 18
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 1
| Fund | |||
|---|---|---|---|
 Aditya Birla Sun Life Flexi Cap FundAditya Birla Sun Life Mutual Fund | 59,00,000 | 0.67% | ₹186.7 Cr |
 Nippon India Small Cap FundNippon India Mutual Fund | 48,17,119 | 0.19% | ₹152.4 Cr |
 Mirae Asset Midcap FundMirae Asset Mutual Fund | 35,06,279 | 0.57% | ₹111.0 Cr |
| Mirae Asset ELSS Tax Saver FundMirae Asset Mutual Fund | 32,94,880 | 0.42% | ₹104.3 Cr |
 HDFC Balanced Advantage FundHDFC Mutual Fund | 30,23,499 | 0.09% | ₹95.7 Cr |
| Mirae Asset Multicap FundMirae Asset Mutual Fund | 25,48,876 | 1.50% | ₹80.7 Cr |
 Union Small Cap FundUnion Mutual Fund | 21,77,777 | 2.52% | ₹68.9 Cr |
 Invesco India Multi Cap FundInvesco Mutual Fund | 21,09,728 | 1.55% | ₹66.8 Cr |
 HSBC Consumption FundHSBC Mutual Fund | 18,06,973 | 3.37% | ₹57.2 Cr |
| Aditya Birla Sun Life Balanced Advantage FundAditya Birla Sun Life Mutual Fund | 16,00,000 | 0.51% | ₹50.6 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 29 Oct 2025.Milky Mist Dairy Food insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Others: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
Milky Mist Dairy Food competitors and peers
Dairy Products, 15 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Milky Mist Dairy Food in market cap.FMCG companies
Milky Mist Dairy Food is not on the chart: it has no P/E or return on equity today
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Hatsun Agro ProductHATSUN | 22,435 | – | 11.37 | +19.1% | – | – | 18.1% | 0.99% |
 Kwality Wall's (India)KWIL | 8,397 | – | 12.49 | – | – | – | – | 0.00% |
 Dodla DairyDODLA | 5,826 | 27.01 | 3.38 | +17.1% | −17.1% | 13.3% | 9.7% | 0.52% |
 Vadilal IndustriesVADILALIND | 5,448 | 24.87 | 6.41 | +30.9% | +56.3% | 28.3% | 27.7% | 0.79% |
 Heritage FoodsHERITGFOOD | 3,285 | 28.59 | 2.89 | +13.9% | −33.6% | 10.5% | 10.4% | 0.71% |
 Parag Milk FoodsPARAGMILK | 3,077 | 23.76 | 2.44 | +10.9% | +8.8% | 11.4% | 10.8% | 0.45% |
 Vadilal EnterprisesVADILENT | 837 | 61.30 | 25.29 | +25.1% | – | 49.3% | 22.6% | 0.02% |
 Sheetal Cool ProductsSCPL | 596 | 28.71 | 3.80 | +24.3% | +43.4% | 14.4% | 17.1% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Latest announcements
Routine notices left out.Milky Mist Dairy Food announcements
Oct 2026
29 Oct · Board meeting
24 Oct · Analysts
22 Oct · Board meeting
15 Oct · Business
15 Oct · Business
Recent sessions
The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 28 Oct 2026 | 306.00 | 309.00 | 295.00 | 299.15 | 302.58 | 11,57,382 |
| 27 Oct 2026 | 292.00 | 299.55 | 290.95 | 299.55 | 297.86 | 6,37,269 |
| 26 Oct 2026 | 263.40 | 285.30 | 262.20 | 285.30 | 279.00 | 6,65,114 |
| 23 Oct 2026 | 273.95 | 282.00 | 259.25 | 271.75 | 265.37 | 11,48,366 |
| 22 Oct 2026 | 265.60 | 285.00 | 263.75 | 272.85 | 271.81 | 9,49,241 |
| 21 Oct 2026 | 292.00 | 292.20 | 277.60 | 277.60 | 279.52 | 12,75,288 |
| 19 Oct 2026 | 303.90 | 303.90 | 290.50 | 292.20 | 293.96 | 5,44,001 |
| 16 Oct 2026 | 305.00 | 310.35 | 301.00 | 303.85 | 307.02 | 6,38,219 |
| 15 Oct 2026 | 303.90 | 313.90 | 287.10 | 311.05 | 301.56 | 17,75,814 |
Prices in ₹ per share as traded, not adjusted.
Company details
- NSE symbol
- MILKYMIST
- BSE code
- 544868
- ISIN
- INE00IT01020
- Industry
- Food Products
- CIN
- U15200TZ2014PLC020554
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 2014
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments