MILKYMIST

Milky Mist Dairy Food Limited reported Q1 FY27 revenue of INR973.45 crores, a 44% year-on-year increase, driven by strong demand across its product portfolio, including paneer (34% growth), cheese (38% growth), curd (27% growth), and ice cream (60% growth). Gross profit margin expanded to 34.2%, up 270 basis points, supported by product mix and pricing power. EBITDA was INR144.89 crores, translating to a 14.9% margin, up from 12.24% in Q1 FY26. The company highlighted its Perundurai plant's new cheddar cheese production capacity (120 metric tons/day) and plans to expand its retail footprint with 50,000+ visi coolers. Management emphasized growth in high-protein products, the impact of FSSAI regulations banning analogue paneer, and strategic focus on South India while expanding into non-South regions. The company also discussed third-party milk procurement (15% of total) and plans to leverage IoT-enabled logistics and data analytics for efficiency. Management expects margin expansion potential and capacity utilization improvements over time.

The document emphasizes strong revenue growth, margin expansion, and strategic initiatives, reflecting a positive outlook on the company's performance and future prospects.