Parag Milk Foods Limited (PARAGMILK) - Net Assets
Based on the latest financial reports, Parag Milk Foods Limited (PARAGMILK) has net assets worth Rs12.03 Billion INR (≈ $130.15 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs22.35 Billion ≈ $241.73 Million USD) and total liabilities (Rs10.32 Billion ≈ $111.58 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 Parag Milk Foods Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs12.03 Billion |
| % of Total Assets | 53.84% |
| Annual Growth Rate | 26.28% |
| 5-Year Change | 10.26% |
| 10-Year Change | 182.8% |
| Growth Volatility | 51.74 |
Parag Milk Foods Limited - Net Assets Trend (2011–2025)
This chart illustrates how Parag Milk Foods Limited's net assets have evolved over time, based on quarterly financial data. Also explore Parag Milk Foods Limited (PARAGMILK) total assets for the complete picture of this company's asset base.
Annual Net Assets for Parag Milk Foods Limited (2011–2025)
The table below shows the annual net assets of Parag Milk Foods Limited from 2011 to 2025. For live valuation and market cap data, see PARAGMILK market cap.
| Year | Net Assets | Change |
|---|---|---|
| 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 grown by 647.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs1.12 Billion | 10.95% |
| Common Stock | Rs1.19 Billion | 11.65% |
| Other Comprehensive Income | Rs154.20 Million | 1.51% |
| Other Components | Rs7.77 Billion | 75.90% |
| Total Equity | Rs10.23 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 |
|---|---|
|
China Lilang Limited
F:5LX
|
$303.18 Million |
|
DeFi Technologies Inc.
NASDAQ:DEFT
|
$303.24 Million |
|
RPSG VENTURES LIMITED
NSE:RPSGVENT
|
$303.25 Million |
|
Kustur Kusadasi Turizm Endustrisi AS
IS:KSTUR
|
$303.27 Million |
|
National CineMedia Inc
NASDAQ:NCMI
|
$303.07 Million |
|
SCHMID Group N.V. Class A Ordinary Shares
NASDAQ:SHMD
|
$303.04 Million |
|
Zhejiang Power New Energy Co. Ltd. A
SHG:688184
|
$303.02 Million |
|
SIMONA AG O.N.
F:SIM0
|
$303.00 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 2024 to 2025, total equity changed from 9,121,060,000 to 10,234,100,000, a change of 1,113,040,000 (12.2%).
- Net income of 1,187,900,000 contributed positively to equity growth.
- Dividend payments of 59,700,000 reduced retained earnings.
- Other comprehensive income increased equity by 44,120,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.19 Billion | +11.61% |
| Dividends Paid | Rs59.70 Million | -0.58% |
| Other Comprehensive Income | Rs44.12 Million | +0.43% |
| Other Changes | Rs-59.28 Million | -0.58% |
| Total Change | Rs- | 12.20% |
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: 2.74x
- 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 52.28x to 2.74x 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 | Rs224.24 | x |
| 2012-03-31 | Rs6.37 | Rs224.24 | x |
| 2013-03-31 | Rs8.93 | Rs224.24 | x |
| 2014-03-31 | Rs10.68 | Rs224.24 | x |
| 2015-03-31 | Rs17.86 | Rs224.24 | x |
| 2016-03-31 | Rs39.77 | Rs224.24 | x |
| 2017-03-31 | Rs79.60 | Rs224.24 | x |
| 2018-03-31 | Rs84.67 | Rs224.24 | x |
| 2019-03-31 | Rs98.36 | Rs224.24 | x |
| 2020-03-31 | Rs108.32 | Rs224.24 | x |
| 2021-03-31 | Rs110.34 | Rs224.24 | x |
| 2022-03-31 | Rs59.22 | Rs224.24 | x |
| 2023-03-31 | Rs73.07 | Rs224.24 | x |
| 2024-03-31 | Rs74.18 | Rs224.24 | x |
| 2025-03-31 | Rs81.93 | Rs224.24 | 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): 11.61%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.46%
- • Asset Turnover: 1.69x
- • Equity Multiplier: 1.99x
- Recent ROE (11.61%) is above the historical average (5.44%), 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 |
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: $21,473,155,939
- Average return on equity (ROE) among peers: 13.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Parag Milk Foods Limited (PARAGMILK) | Rs12.03 Billion | -1.06% | 0.86x | $303.13 Million |
| ADF Foods Limited (ADFFOODS) | $1.01 Billion | 13.22% | 0.18x | $313.83 Million |
| Ajooni Biotech Limited (AJOONI) | $416.69 Million | 2.70% | 0.41x | $7.82 Million |
| Agro Tech Foods Limited (ATFL) | $964.98 Million | 14.49% | 0.70x | $365.36 Million |
| Avanti Feeds Limited (AVANTIFEED) | $668.96 Million | -1.80% | 0.71x | $2.03 Billion |
| Adani Wilmar Limited (AWL) | $81.66 Billion | 7.13% | 1.57x | $2.75 Billion |
| Bombay Burmah Trading Corporation Limited (BBTC) | $56.67 Billion | 4.90% | 0.48x | $1.13 Billion |
| Mrs. Bectors Food Specialities Limited (BECTORFOOD) | $5.44 Billion | 16.55% | 0.53x | $650.88 Million |
| Bikaji Foods International Limited (BIKAJI) | $14.81 Billion | 13.57% | 0.31x | $1.83 Billion |
| Britannia Industries Limited (BRITANNIA) | $43.81 Billion | 49.73% | 1.02x | $14.92 Billion |
| CCL Products (India) Limited (CCL) | $9.28 Billion | 17.87% | 0.63x | $1.64 Billion |
About Parag Milk Foods Limited
Parag Milk Foods Limited processes, manufactures, and sells milk and milk products in India and worldwide. The company offers ghee, milk, paneer, sweets, curd, butter, dairy whitener, milk powder, and gulab jamun mix products. It also offers flavoured cheese wedges, spreads, slices, and angles, as well as flavored yoghurt, bocconcini, slim milk, fresh cream, buttermilk, double toned milk, lassi, … Read more