Parag Milk Foods Limited (PARAGMILK) - Net Assets

Latest as of March 2026: Rs12.59 Billion INR ≈ $136.11 Million USD

Based on the latest financial reports, Parag Milk Foods Limited (PARAGMILK) has net assets worth Rs12.59 Billion INR (≈ $136.11 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs22.81 Billion ≈ $246.64 Million USD) and total liabilities (Rs10.22 Billion ≈ $110.53 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible equity quality of Parag Milk Foods Limited to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs12.59 Billion
% of Total Assets	55.18%
Annual Growth Rate	26.05%
5-Year Change	127.17%
10-Year Change	91.44%
Growth Volatility	50.06

Parag Milk Foods Limited - Net Assets Trend (2011–2026)

This chart illustrates how Parag Milk Foods Limited's net assets have evolved over time, based on quarterly financial data. See PARAGMILK cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Parag Milk Foods Limited (2011–2026)

The table below shows the annual net assets of Parag Milk Foods Limited from 2011 to 2026. For live valuation and market cap data, see PARAGMILK market cap.

Year	Net Assets	Change
2026-03-31	Rs12.59 Billion ≈ $136.11 Million	+22.98%
2025-03-31	Rs10.23 Billion ≈ $110.68 Million	+12.20%
2024-03-31	Rs9.12 Billion ≈ $98.64 Million	+12.90%
2023-03-31	Rs8.08 Billion ≈ $87.37 Million	+45.82%
2022-03-31	Rs5.54 Billion ≈ $59.92 Million	-40.31%
2021-03-31	Rs9.28 Billion ≈ $100.38 Million	+1.86%
2020-03-31	Rs9.11 Billion ≈ $98.54 Million	+10.16%
2019-03-31	Rs8.27 Billion ≈ $89.45 Million	+16.14%
2018-03-31	Rs7.12 Billion ≈ $77.02 Million	+8.33%
2017-03-31	Rs6.57 Billion ≈ $71.10 Million	+81.67%
2016-03-31	Rs3.62 Billion ≈ $39.14 Million	+193.80%
2015-03-31	Rs1.23 Billion ≈ $13.32 Million	+26.70%
2014-03-31	Rs972.19 Million ≈ $10.51 Million	+19.65%
2013-03-31	Rs812.54 Million ≈ $8.79 Million	+40.26%
2012-03-31	Rs579.31 Million ≈ $6.27 Million	+48.41%
2011-03-31	Rs390.34 Million ≈ $4.22 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Parag Milk Foods Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Common Stock	Rs1.25 Billion	9.93%
Other Components	Rs11.34 Billion	90.07%
Total Equity	Rs12.59 Billion	100.00%

Parag Milk Foods Limited Competitors by Market Cap

The table below lists competitors of Parag Milk Foods Limited ranked by their market capitalization.

Company	Market Cap
Beijing New Universal Science and Technology Co Ltd SHE:300472	$312.16 Million
Medios AG XETRA:ILM1	$312.19 Million
RPSG VENTURES LIMITED NSE:RPSGVENT	$312.21 Million
Precious Shipping Public Company Limited BK:PSL-R	$312.37 Million
Astarta Holding N.V. WAR:AST	$312.15 Million
Omega Flex Inc NASDAQ:OFLX	$312.12 Million
Wuxi Honghui New Materials Technology Co Ltd SHE:002802	$312.12 Million
Avalue Technology TWO:3479	$312.02 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Parag Milk Foods Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 10,234,100,000 to 12,585,600,000, a change of 2,351,500,000 (23.0%).
Net income of 1,350,500,000 contributed positively to equity growth.
Dividend payments of 119,400,000 reduced retained earnings.
Other comprehensive income decreased equity by 154,200,000.
Other factors increased equity by 1,274,600,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs1.35 Billion	+10.73%
Dividends Paid	Rs119.40 Million	-0.95%
Other Comprehensive Income	Rs-154.20 Million	-1.23%
Other Changes	Rs1.27 Billion	+10.13%
Total Change	Rs-	22.98%

Book Value vs Market Value Analysis

This analysis compares Parag Milk Foods Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 2.34x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 53.83x to 2.34x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2011-03-31	Rs4.29	Rs230.90	x
2012-03-31	Rs6.37	Rs230.90	x
2013-03-31	Rs8.93	Rs230.90	x
2014-03-31	Rs10.68	Rs230.90	x
2015-03-31	Rs17.86	Rs230.90	x
2016-03-31	Rs39.77	Rs230.90	x
2017-03-31	Rs79.60	Rs230.90	x
2018-03-31	Rs84.67	Rs230.90	x
2019-03-31	Rs98.36	Rs230.90	x
2020-03-31	Rs108.32	Rs230.90	x
2021-03-31	Rs110.34	Rs230.90	x
2022-03-31	Rs59.22	Rs230.90	x
2023-03-31	Rs73.07	Rs230.90	x
2024-03-31	Rs74.18	Rs230.90	x
2025-03-31	Rs81.93	Rs230.90	x
2026-03-31	Rs98.50	Rs230.90	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Parag Milk Foods Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 10.73%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.54%
• Asset Turnover: 1.67x
• Equity Multiplier: 1.81x
Recent ROE (10.73%) is above the historical average (5.78%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	-1.06%	-0.06%	1.39x	12.13x	Rs-43.17 Million
2012	32.62%	2.10%	1.49x	10.44x	Rs131.05 Million
2013	25.57%	2.25%	1.34x	8.51x	Rs126.49 Million
2014	16.43%	1.47%	1.32x	8.46x	Rs62.47 Million
2015	21.08%	1.80%	1.56x	7.49x	Rs136.49 Million
2016	13.08%	2.88%	1.66x	2.74x	Rs111.30 Million
2017	2.61%	0.99%	1.30x	2.02x	Rs-486.15 Million
2018	12.22%	4.45%	1.41x	1.94x	Rs158.40 Million
2019	14.59%	5.04%	1.66x	1.74x	Rs380.05 Million
2020	10.28%	3.90%	1.43x	1.85x	Rs25.73 Million
2021	2.23%	1.13%	1.09x	1.81x	Rs-721.09 Million
2022	-96.11%	-25.91%	1.47x	2.52x	Rs-5.88 Billion
2023	6.59%	1.87%	1.71x	2.06x	Rs-275.37 Million
2024	9.93%	2.89%	1.66x	2.07x	Rs-6.28 Million
2025	11.61%	3.46%	1.69x	1.99x	Rs164.49 Million
2026	10.73%	3.54%	1.67x	1.81x	Rs91.94 Million

Industry Comparison

This section compares Parag Milk Foods Limited's net assets metrics with peer companies in the Packaged Foods industry.

Industry Context

Industry: Packaged Foods
Average net assets among peers: $18,303,249,125
Average return on equity (ROE) among peers: 14.99%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Parag Milk Foods Limited (PARAGMILK)	Rs12.59 Billion	-1.06%	0.81x	$312.16 Million
ADF Foods Limited (ADFFOODS)	$4.93 Billion	14.06%	0.28x	$363.09 Million
Ajooni Biotech Limited (AJOONI)	$109.44 Million	3.53%	0.76x	$7.13 Million
Agro Tech Foods Limited (ATFL)	$1.30 Billion	16.04%	0.65x	$365.36 Million
Avanti Feeds Limited (AVANTIFEED)	$11.50 Billion	38.83%	0.33x	$1.45 Billion
Adani Wilmar Limited (AWL)	$81.66 Billion	7.13%	1.57x	$2.69 Billion
Bombay Burmah Trading Corporation Limited (BBTC)	$7.97 Billion	2.39%	0.62x	$1.15 Billion
Mrs. Bectors Food Specialities Limited (BECTORFOOD)	$3.19 Billion	9.49%	0.77x	$622.63 Million
Bikaji Foods International Limited (BIKAJI)	$6.08 Billion	14.85%	0.35x	$1.79 Billion
Britannia Industries Limited (BRITANNIA)	$42.86 Billion	27.04%	0.46x	$13.66 Billion
CCL Products (India) Limited (CCL)	$23.45 Billion	16.55%	0.85x	$1.63 Billion

About Parag Milk Foods Limited

NSE:PARAGMILK India Packaged Foods

Market Cap

$312.16 Million

Rs28.86 Billion INR

Market Cap Rank

#14714 Global

#735 in India

Share Price

Rs230.90

Change (1 day)

+1.99%

52-Week Range

Rs179.86 - Rs371.60

All Time High

Rs371.60