Milky Mist Dairy Food Limited — Q1FY27 Earnings Call Summary

MILKYMIST · Q1FY27 · Filed 07 Sep 2026

Key Takeaways

• Capacity utilization ~50%, with potential to triple FY26 revenue from current plant
• Strong growth outlook driven by organized paneer market expansion, analogue paneer ban, and protein-rich product demand
• EBITDA margin improved to 14.9% from 12.24% in Q1 FY26; PAT margin at 6.6%
• Expect operating margin leverage of ~0.5% with scale; potential for margin expansion beyond 15%
• Q1 FY27 revenue grew 44% y-y to INR973.45 Cr, led by paneer (+34%), cheese (+38%), curd (+27%), ice cream (+60%), and yogurt (+153% q-q)
• Gross margin expanded 270 bps to 34.2% driven by product mix, pricing, and scale
• Expansion plans include whey protein concentrate plant in 12-15 months and new Maharashtra plant in 3 years
• New cheddar cheese plant commissioned with 120 MT/day capacity
• Milk procurement volume grew 28% y-y to 13.2 lakh liters/day; 85% direct farmer sourcing
• Own logistics fleet of 375 vehicles reduces costs by 18-20% and ensures faster delivery

📄 Source: View original transcript (PDF)

Summary generated by AI from the official transcript filed on BSE/NSE. Not investment advice.