About
Milkfood Limited engages in the manufacture and sale of dairy products in India. It offers ghee, skimmed and full cream milk powder, edible grade acid casein, demineralized whey powder, and dairy creamer products. The company was incorporated in 1973 and is headquartered in New Delhi, India.
Key Metrics
as of Sep 2026Market Cap213 Cr
P/E—
Div Yield0.75 %
Book Value₹69.30
52w High₹96.00
52w Low₹44.00
Face Value₹5.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 74.05 | 73.66 | 158.03 | 113.28 | 80.40 | 96.05 | 121.69 | 114.98 | 105.80 | 94.46 | 133.45 | 150.40 | 103.40 |
| Expenses | 76.38 | 74.72 | 149.73 | 109.84 | 74.42 | 90.16 | 114.11 | 108.36 | 99.96 | 94.82 | 124.93 | 142.58 | 96.68 |
| Operating Profit | -2.33 | -1.06 | 8.30 | 3.44 | 5.98 | 5.89 | 7.58 | 6.62 | 5.84 | -0.36 | 8.52 | 7.82 | 6.72 |
| OPM % | -3.15 | -1.44 | 5.25 | 3.04 | 7.44 | 6.13 | 6.23 | 5.76 | 5.52 | -0.38 | 6.38 | 5.20 | 6.50 |
| Other Income | 0.10 | 5.55 | 0.59 | 1.28 | 0.00 | 0.02 | 3.06 | 0.02 | 2.57 | 3.74 | 0.14 | 0.37 | 3.24 |
| Depreciation | 2.14 | 1.96 | 1.95 | 1.83 | 1.65 | 1.67 | 1.59 | 1.69 | 1.72 | 1.72 | 1.65 | 1.68 | 1.54 |
| Interest | 3.49 | 3.22 | 3.27 | 1.16 | 3.18 | 3.22 | 3.36 | 3.33 | 3.37 | 3.47 | 3.30 | 2.65 | 2.06 |
| Profit before tax | -7.86 | -0.69 | 3.67 | 1.73 | 1.15 | 1.02 | 5.69 | 1.62 | 3.32 | -1.81 | 3.71 | 3.86 | 6.36 |
| Tax % | 0.00 | 0.00 | 34.33 | 63.58 | 21.74 | 42.16 | 31.81 | 27.78 | -3.92 | -23.76 | 8.63 | 15.28 | 22.48 |
| Net Profit | -7.86 | -0.69 | 2.41 | 0.63 | 0.90 | 0.59 | 3.88 | 1.17 | 3.45 | -1.38 | 3.39 | 3.27 | 4.93 |
| EPS in Rs | -3.22 | -0.28 | 0.99 | 0.26 | 0.37 | 0.24 | 1.88 | 0.57 | 1.76 | -0.70 | 1.73 | 1.67 | 2.52 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 448.00 | 437.00 | 467.00 | 316.00 | 368.00 | 551.00 | 531.00 | 491.00 | 389.00 | 373.00 | 371.00 | 431.00 |
| Expenses | 424.00 | 417.00 | 444.00 | 303.00 | 348.00 | 527.00 | 503.00 | 465.00 | 368.00 | 352.00 | 355.00 | 427.00 |
| Operating Profit | 24.00 | 20.00 | 24.00 | 13.00 | 20.00 | 25.00 | 28.00 | 26.00 | 21.00 | 21.00 | 16.00 | 4.00 |
| OPM % | 5.00 | 4.50 | 5.00 | 4.10 | 5.00 | 4.50 | 5.00 | 5.00 | 5.00 | 6.00 | 4.30 | 0.80 |
| Other Income | 2.00 | 9.00 | 4.00 | 3.00 | 0.00 | 1.00 | 0.00 | 0.00 | -4.00 | 2.00 | 2.00 | 16.00 |
| Interest | 11.00 | 14.00 | 10.00 | 7.00 | 8.00 | 8.00 | 8.00 | 10.00 | 12.00 | 13.00 | 9.00 | 11.00 |
| Depreciation | 7.00 | 7.00 | 6.00 | 7.00 | 9.00 | 8.00 | 7.00 | 6.00 | 5.00 | 9.00 | 6.00 | 6.00 |
| Profit before tax | 8.00 | 9.00 | 11.00 | 2.00 | 3.00 | 9.00 | 13.00 | 10.00 | 0.00 | 2.00 | 2.00 | 3.00 |
| Tax % | 40.00 | 19.00 | 15.00 | -51.00 | 25.00 | 4.00 | 23.00 | 16.00 | 1,150.00 | 39.00 | 42.00 | 57.00 |
| Net Profit | 5.00 | 7.00 | 10.00 | 3.00 | 2.00 | 8.00 | 10.00 | 8.00 | -1.00 | 1.00 | 1.00 | 1.00 |
| EPS in Rs | 1.85 | 3.46 | 4.97 | 1.78 | 1.24 | 4.28 | 5.22 | 4.16 | -0.51 | 0.47 | 0.51 | 0.60 |
| Dividend Payout % | 68.00 | 18.00 | 13.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12.00 | 12.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Reserves | 157.00 | 164.00 | 170.00 | 128.00 | 118.00 | 114.00 | 112.00 | 103.00 | 93.00 | 85.00 | 31.00 | 30.00 | 29.00 |
| Borrowings | 128.00 | 118.00 | 116.00 | 122.00 | 73.00 | 74.00 | 76.00 | 59.00 | 71.00 | 85.00 | 94.00 | 83.00 | 81.00 |
| Other Liabilities | 68.00 | 81.00 | 80.00 | 74.00 | 109.00 | 117.00 | 108.00 | 115.00 | 90.00 | 93.00 | 74.00 | 113.00 | 105.00 |
| Total Liabilities | 365.00 | 375.00 | 371.00 | 329.00 | 304.00 | 309.00 | 300.00 | 283.00 | 259.00 | 268.00 | 204.00 | 231.00 | 220.00 |
| Fixed Assets | 225.00 | 226.00 | 222.00 | 190.00 | 184.00 | 184.00 | 185.00 | 166.00 | 163.00 | 165.00 | 107.00 | 101.00 | 100.00 |
| CWIP | 1.00 | 0.00 | 0.00 | 0.00 | 5.00 | 2.00 | 2.00 | 2.00 | 1.00 | 2.00 | 2.00 | 1.00 | 2.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 139.00 | 149.00 | 149.00 | 139.00 | 115.00 | 124.00 | 114.00 | 115.00 | 94.00 | 101.00 | 95.00 | 128.00 | 117.00 |
| Total Assets | 365.00 | 375.00 | 371.00 | 329.00 | 304.00 | 309.00 | 300.00 | 283.00 | 259.00 | 268.00 | 204.00 | 231.00 | 220.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 19.00 | 20.00 | -30.00 | 14.00 | 13.00 | 20.00 | 34.00 | 27.00 | 27.00 | 40.00 | 6.00 | 22.00 |
| Cash from Investing Activity | -4.00 | 1.00 | -7.00 | -5.00 | -8.00 | -22.00 | -10.00 | -5.00 | -9.00 | -16.00 | -6.00 | -8.00 |
| Cash from Financing Activity | -15.00 | -21.00 | 36.00 | -8.00 | -7.00 | 0.00 | -20.00 | -23.00 | -19.00 | -25.00 | 1.00 | -13.00 |
| Net Cash Flow | 0.00 | 0.00 | -1.00 | 0.00 | -2.00 | -2.00 | 4.00 | 0.00 | -1.00 | 0.00 | 1.00 | 0.00 |
| Free Cash Flow | 15.00 | 21.00 | -37.00 | 8.00 | 6.00 | -2.00 | 24.00 | 23.00 | 18.00 | 25.00 | -1.00 | 9.00 |
| CFO/OP % | 98.00 | 102.00 | -114.00 | 118.00 | 71.00 | 92.00 | 130.00 | 110.00 | 126.00 | 190.00 | 36.00 | 596.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 67.00 | 64.00 | 25.00 | 66.00 | 53.00 | 22.00 | 15.00 | 4.00 | 15.00 | 17.00 | 15.00 | 7.00 |
| Inventory Days | 34.00 | 34.00 | 63.00 | 29.00 | 40.00 | 46.00 | 56.00 | 63.00 | 84.00 | 76.00 | 104.00 | 82.00 |
| Days Payable | 52.00 | 54.00 | 39.00 | 23.00 | 34.00 | 25.00 | 37.00 | 28.00 | 28.00 | 24.00 | 46.00 | 41.00 |
| Cash Conversion Cycle | 48.00 | 44.00 | 49.00 | 72.00 | 59.00 | 43.00 | 35.00 | 39.00 | 71.00 | 69.00 | 73.00 | 47.00 |
| Working Capital Days | 16.00 | 20.00 | 23.00 | 30.00 | 20.00 | 0.00 | 2.00 | -6.00 | 1.00 | -7.00 | 5.00 | -3.00 |
| ROCE % | 6.00 | 7.00 | 9.00 | 5.00 | 6.00 | 9.00 | 13.00 | 12.00 | 11.00 | 11.00 | 10.00 | 12.00 |
Corporate Actions
7 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 23 Dec 2024 | — | — | — | E.G.M. |
| Split | 13 Aug 2024 | 13 Aug 2024 | 10:5 | — | |
| Bonus | 13 Aug 2024 | 13 Aug 2024 | 1:1 | — | |
| Dividend | 05 Jul 2024 | 05 Jul 2024 | — | 2.50 | |
| Dividend | 29 Nov 2023 | 29 Nov 2023 | — | 2.50 | |
| Dividend | 30 Nov 2022 | 30 Nov 2022 | — | 2.50 | |
| Other | 30 Jan 2020 | — | — | — | E.G.M. |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update27 Aug from infomerics
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Rating update25 Nov 2025 from infomerics
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Rating update19 Aug 2025 from infomerics
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Rating update17 Jul 2025 from infomerics
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Rating update17 May 2024 from infomerics
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Rating update16 May 2023 from brickwork