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NSE Close — 25 Sep 2026
₹82.56
Change
-0.56 (-0.67%)
Open
₹83.12
Prev. Close
₹83.12
Day High
₹83.12
Day Low
₹80.1
Volume Analysis
Traded
2,586
Delivered
1,800
Delivery %
69.61%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (1)
- •Promoter holding is rising
Weaknesses (3)
- •Low return on equity (2.52%)
- •Below-average fundamentals quality score (46/100)
- •Low operating margin (2.0%)
Opportunities (0)
No signal for this stock
Threats (1)
- •FII holding has been falling
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹86.78 | ₹84.95 | ₹83.76 | ₹81.93 | ₹80.74 | ₹78.91 | ₹77.72 |
| Fibonacci | ₹84.95 | ₹83.8 | ₹83.08 | ₹81.93 | ₹80.78 | ₹80.06 | ₹78.91 |
| Camarilla | ₹83.39 | ₹83.11 | ₹82.84 | ₹81.93 | ₹82.28 | ₹82.01 | ₹81.73 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
—
1 Week
+1.15%
1 Month
-4.79%
3 Months
—
6 Months
—
1 Year
—
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹53.71
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
-3.8%
Net margin -1.43% × asset turnover 1.23x × equity multiplier 2.16x
Company Overview
Sector
Fast Moving Consumer Goods
Market Cap
₹210 Cr
ROE
2.52%
Book Value
₹69.3
Face Value
₹5.0
Source: Screener.in (Consolidated figures) — data as of 23 Sep 2026. Not investment advice.
TopFund Analysis
Milkfood Ltd. scores weakly on TopFund's composite fundamentals check within the Fast Moving Consumer Goods sector, at 46/100. The strongest factor is Corporate Governance (85/100), while Growth (17/100) is the weakest area to weigh before deciding. Notably: Promoter holding is rising; low return on equity (2.52%); below-average fundamentals quality score (46/100). FII holding has been falling.
TopFund Score — Fundamentals Quality
46/100 — WeakData confidence: 75/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Liquidity
From Screener.in
- +Stock is trading at 1.20 times its book value
- +Company has been maintaining a healthy dividend payout of 32.7%
- −Company has low interest coverage ratio.
- −Promoter holding has decreased over last quarter: -2.67%
- −The company has delivered a poor sales growth of -4.08% over past five years.
- −Company has a low return on equity of 4.37% over last 3 years.
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Board allotted 22 lakh convertible warrants at Rs30 each to two non-promoters on 7 September 2026.
Milkfood received Infomerics credit rating letter on 27 August 2026; disclosed to exchange on 1 September after delay.
Infomerics reaffirmed Milkfood’s bank facilities rating at IVR BB+/Stable for Rs 95.01 crore, valid till August 19, 2027.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 103 | 150 | 133 | 94 | 106 | 115 | 122 | 96 | 80 | 113 | 158 | 74 | 74 |
| Expenses + | 97 | 143 | 125 | 95 | 100 | 108 | 114 | 90 | 74 | 110 | 150 | 75 | 76 |
| Operating Profit | 7 | 8 | 9 | 0 | 6 | 7 | 8 | 6 | 6 | 3 | 8 | -1 | -2 |
| OPM % | 6.5% | 5.2% | 6.38% | -0.38% | 5.52% | 5.76% | 6.23% | 6.13% | 7.44% | 3.04% | 5.25% | -1.44% | -3.15% |
| Other Income + | 3 | 0 | 0 | 4 | 3 | 0 | 3 | 0 | 0 | 1 | 1 | 6 | 0 |
| Interest | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 1 | 3 | 3 | 3 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 6 | 4 | 4 | -2 | 3 | 2 | 6 | 1 | 1 | 2 | 4 | -1 | -8 |
| Tax % | 22.48% | 15.28% | 8.63% | -23.76% | -3.92% | 27.78% | 31.81% | 42.16% | 21.74% | 63.58% | 34.33% | 0.0% | 0.0% |
| Net Profit + | 5 | 3 | 3 | -1 | 3 | 1 | 4 | 1 | 1 | 1 | 2 | -1 | -8 |
| EPS in Rs | 3 | 2 | 2 | -1 | 2 | 1 | 2 | 0 | 0 | 0 | 1 | 0 | -3 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 431 | 371 | 373 | 389 | 491 | 531 | 551 | 368 | 316 | 467 | 437 | 448 | 419 |
| Expenses + | 427 | 355 | 352 | 368 | 465 | 503 | 527 | 348 | 303 | 444 | 417 | 424 | 411 |
| Operating Profit | 4 | 16 | 21 | 21 | 26 | 28 | 25 | 20 | 13 | 24 | 20 | 24 | 8 |
| OPM % | 0.8% | 4.3% | 6.0% | 5.0% | 5.0% | 5.0% | 4.5% | 5.0% | 4.1% | 5.0% | 4.5% | 5.0% | 2.0% |
| Other Income + | 16 | 2 | 2 | -4 | 0 | 0 | 1 | 0 | 3 | 4 | 9 | 2 | 8 |
| Interest | 11 | 9 | 13 | 12 | 10 | 8 | 8 | 8 | 7 | 10 | 14 | 11 | 11 |
| Depreciation | 6 | 6 | 9 | 5 | 6 | 7 | 8 | 9 | 7 | 6 | 7 | 7 | 8 |
| Profit before tax | 3 | 2 | 2 | 0 | 10 | 13 | 9 | 3 | 2 | 11 | 9 | 8 | -3 |
| Tax % | 57.0% | 42.0% | 39.0% | 1,150.0% | 16.0% | 23.0% | 4.0% | 25.0% | -51.0% | 15.0% | 19.0% | 40.0% | — |
| Net Profit + | 1 | 1 | 1 | -1 | 8 | 10 | 8 | 2 | 3 | 10 | 7 | 5 | -6 |
| EPS in Rs | 1 | 1 | 0 | -1 | 4 | 5 | 4 | 1 | 2 | 5 | 3 | 2 | -2 |
| Dividend Payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 13.0% | 18.0% | 68.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 29 | 30 | 31 | 85 | 93 | 103 | 112 | 114 | 118 | 128 | 170 | 164 | 157 |
| Borrowings + | 81 | 83 | 94 | 85 | 71 | 59 | 76 | 74 | 73 | 122 | 116 | 118 | 128 |
| Other Liabilities + | 105 | 113 | 74 | 93 | 90 | 115 | 108 | 117 | 109 | 74 | 80 | 81 | 68 |
| Total Liabilities | 220 | 231 | 204 | 268 | 259 | 283 | 300 | 309 | 304 | 329 | 371 | 375 | 365 |
| Fixed Assets + | 100 | 101 | 107 | 165 | 163 | 166 | 185 | 184 | 184 | 190 | 222 | 226 | 225 |
| CWIP | 2 | 1 | 2 | 2 | 1 | 2 | 2 | 2 | 5 | 0 | 0 | 0 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 117 | 128 | 95 | 101 | 94 | 115 | 114 | 124 | 115 | 139 | 149 | 149 | 139 |
| Total Assets | 220 | 231 | 204 | 268 | 259 | 283 | 300 | 309 | 304 | 329 | 371 | 375 | 365 |
| Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 12 | 12 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 22 | 6 | 40 | 27 | 27 | 34 | 20 | 13 | 14 | -30 | 20 | 19 |
| Cash from Investing Activity + | -8 | -6 | -16 | -9 | -5 | -10 | -22 | -8 | -5 | -7 | 1 | -4 |
| Cash from Financing Activity + | -13 | 1 | -25 | -19 | -23 | -20 | 0 | -7 | -8 | 36 | -21 | -15 |
| Net Cash Flow | 0 | 1 | 0 | -1 | 0 | 4 | -2 | -2 | 0 | -1 | 0 | 0 |
| CFO/OP | 596 | 36 | 190 | 126 | 110 | 130 | 92 | 71 | 118 | -114 | 102 | 98 |
| Free Cash Flow | 9 | -1 | 25 | 18 | 23 | 24 | -2 | 6 | 8 | -37 | 21 | 15 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 42.16% | 44.92% | 44.92% | 41.24% | 42.94% | 43.8% | 43.95% | 43.94% | 43.93% | 43.95% | 43.93% | 46.6% |
| Promoters | 50.13% | 47.74% | 47.74% | 56.03% | 56.03% | 56.03% | 56.03% | 56.03% | 56.03% | 56.03% | 56.03% | 53.36% |
| FII | 7.64% | 7.28% | 7.28% | 2.67% | 1.0% | 0.14% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| DII | 0.06% | 0.06% | 0.06% | 0.05% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Fast Moving Consumer Goods — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Milkfood Ltd. (this stock) | 210 | — | 1.2 | 2.52% |
| United Nilgiri Tea Ltd | 212 | 18.1 | 1.82 | 10.8% |
| N T C Industries Ltd. | 208 | 10.4 | 0.98 | 9.31% |
| Neelamalai Agro Inds. L | 216 | 5.87 | 0.66 | 9.33% |
| Vijay Solvex Ltd. | 200 | 8.4 | 0.57 | 5.56% |
| Rossell India Limited | 195 | 13.6 | 0.66 | 4.5% |
| Sakthi Sugars Ltd | 226 | — | 0.88 | -59.4% |
Which Mutual Funds Hold Milkfood Ltd.?
Frequently Asked Questions about Milkfood Ltd.
Milkfood Ltd. (MLKFOOD) closed at ₹82.56 on NSE on 25 September 2026, down 0.56 (0.67%) from the previous close.
Milkfood Ltd. trades on the NSE (National Stock Exchange of India) under the symbol MLKFOOD.
Milkfood Ltd. has a dividend yield of 0.75%.
Milkfood Ltd.'s 52-week high is ₹96.0 and its 52-week low is ₹44.0.
Milkfood Ltd. has a market capitalisation of ₹210 crore.
Milkfood Ltd. has a TopFund Quality Score of 46/100 (Weak), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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