PARAGMILK

What Parag Milk Foods promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 13 tracked 0 delivered 5 missed 8 open
  • Return on Capital (ROC) went quiet said Q1 FY26 Promised: above 20% within two years Q1 FY27: The ROC/ROCE target was not mentioned or updated during the quarter. The two-year deadline from birth quarter has passed.
  • Total Revenue at risk said Q1 FY26 Promised: ₹10,000 crores in revenue within the next five years Q1 FY27: Management guided for FY27 revenue growth of 'more than 10%', which is significantly below the ~21% CAGR required to reach the ₹10,000 crore target from the FY26 base. Q1 growth was 11% YoY.
  • New Age Business Contribution on track said Q2 FY26 Promised: around 20% of our portfolio would be coming from the health and nutrition business in the next 3 to 4 years Q1 FY27: New Age business contribution grew strongly to 13% of overall revenue, up from 9% YoY and 10% in the prior quarter. This demonstrates accelerated progress towards the target.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 13 tracked commitments for Parag Milk Foods — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens