Parag Milk Foods Ltd - 539889 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Parag Milk Foods Lmimited Press Release Dated December 06, 202106-12-2021
06-12-2021
Parag Milk Foods Ltd - 539889 - Parag Milk Foods Limited Disclosure Pursuant To Regulation 30 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 .
Parag Milk Foods Limited Disclosure Pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 .01-12-2021
Parag Milk Foods Ltd - 539889 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Parag Milk Foods Limited Intimation of Analysts/Institutional Investors Meet Held on November 18, 202118-11-2021
Parag Milk Foods Ltd - 539889 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Investcorp Infrastructure Fund 1 (formerly IDFC Infrastructure Fund 3)16-11-2021
Parag Milk Foods Ltd - 539889 - Announcement under Regulation 30 (LODR)-Investor Presentation
Parag Milk Foods Limited Investor Presentation Dated November 02, 2021 on Q2FY2202-11-2021
Q2FY22 Quarterly Result Announced for Parag Milk Foods Ltd.
Highlights: The share of Milk Products for Q2 FY22 is 71% of total revenue, while that of liquid milk was 9% and the same for Skimmed Milk Powder & others was 19% We have seen sales coming back to pre-pandemic levels in core categories of Ghee, Cheese, Paneer & Proteins. In fact during the first half, focus was on growing core categories, showing growth of 23% YoY and 36% QoQ. We now expect the other categories also to witness growth for the second half. HoReCa has also returned to pre-pandemic level and in fact achieved further growth over that in last 2 months. Fresh Milk while having grown QoQ, shall take some time to stabilize to Pre-CoVID levels. E-commerce continues to grow manifold and has grown by over 70% during H1. During the quarter the company has entered the lucrative INR 1,000+ crore milk shake segment with the launch of GO Milk Shake in four flavours at competitive prices. We are extremely delighted with the launch and we aim to capture 5% of the Indian market by May 22. The quarter also witnessed launch of single origin Paneer under our Premium brand- Pride of Cows (PoC). With the launch of Paneer, now Pride of Cows (PoC) has a bouquet of products on offer from Milk, Fat free Milk, Ghee, Curd and Paneer and is marching ahead in its journey of becoming a national brand. Mirroring the trends in developed markets and moving to substitutes – the company has launched Milko Cheese , targeting low income group consumers. Commenting on Vision 2.0, Mr. Devendra Shah, Chairman said “Now with pandemic situation under control with widespread vaccinations and our business being stabilised with markets reopening; we are unveiling Vision 2.0 for leap forward encompassing 6C Framework i.e. Cows, Consumer, Cash, Cost , Corporate Governance and Community. We are geared towards expanding our procurement network by setting up new collection centres & expansion in new villages. On our endeavor towards increasing milk at our own farm, we are setting up South East Asia’s largest and most modern farm that would increase cow nos 6X & increase milk production to 1,40,000 litres. On the consumer front, we continue to focus on strengthening our core categories that includes ghee, cheese , paneer and proteins and expanding the reach and momentum in our niche and premium offerings of Pride of Cows and Avvatar through targeted initiatives. On our cash front, we are on growth path and profitability is increasing over the quarters while we are also Strengthening our Balance Sheet. In case of costs, we are continuously Improving efficiencies & modernization of existing equipment and Improving utilisation while reducing wastage across all levels. In case of Corp governance, we have inducted Mr. Nikhil Vora on the Board and are in process of further strengthening the management with professionals. From community perspective, we have continued covid support services during second round and are aiming for Zero Effluent discharge, reducing the carbon footprint aiming to reduce emissions by 20%, energy & water usage by 10% while targeting 35% of total energy usage in form of renewables and focusing on sustainable sourcing. We are committed to above long-term goals and we are confident of achieving robust operational and financial performance.” Result PDF02-11-2021
Parag Milk Foods Ltd - 539889 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Parag Milk Foods Limited Press Release Regarding the Un-Audited Financial Results of the Company for the Quarter and Half Year ended September 30, 202102-11-2021
Parag Milk Foods Ltd - 539889 - Board Meeting Outcome for Parag Milk Foods Limited Outcome Of The Board Meeting Held On November 01, 2021
Parag Milk Foods Limited Outcome of the Board Meeting Held on November 01, 202101-11-2021
Parag Milk Foods Ltd - 539889 - Parag Milk Foods Limited Un-Audited Financial Resutls For Quarter And Half Year Ended September 30, 2021
Parag Milk Foods Limited Un-Audited Financial Resutls for Quarter and Half year Ended September 30, 202101-11-2021
Parag Milk Foods Ltd - 539889 - Board Meeting Intimation for Parag Milk Foods Limited Intimation Of Board Meeting Scheduled On Monday, November 01, 2021
Parag Milk Foods Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/11/2021 ,inter alia, to consider and approve the Un-Audited Financial Results for Quarter and Half Year Ended September 30, 202122-10-2021