Milky Mist Q1FY27 Results: Profit Soars Nearly 10x; Stock Jumps 9%
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Milky Mist Dairy Food reported a strong Q1FY27, with profit surging nearly 10x and revenue rising 43.6%. The results pushed the recently listed stock more than 9% higher, taking its gain to about 61% above the IPO price.
Milky Mist Dairy Food shares jumped more than 9% in Tuesday's trading session after the recently listed dairy company reported a sharp rise in June-quarter earnings. Strong revenue growth, higher volumes and wider operating margins drove the performance.
The stock opened at ₹230.79 on the National Stock Exchange (NSE), 9.4% above its previous close, and was trading at ₹232.03 at 11:04 am, up 10%. At ₹226.05, the shares were up about 61% from the IPO price of ₹140 and 37% from the listing price of ₹165.
The Milky Mist share rally came after the company reported its first quarterly results since its August market debut.
Profit After Tax | ₹65 crore | ₹6.53 crore | Nearly 10x |
Revenue | ₹973.45 crore | ₹678.09 crore | +43.6% |
Gross Profit | ₹333.02 crore | — | +56.1% |
EBITDA | ₹144.89 crore | ₹83.02 crore | +74.5% |
EBITDA Margin | 14.88% | 12.24% | +264 bps |
Summer Demand Lifts Dairy Sales
Milky Mist said growth was broad-based during the quarter, with summer-focused categories benefiting from an extended hot season, particularly across South India.
Higher volumes, a stronger product mix and improved pricing also supported margins.
- Paneer: Revenue grew 34%
- Cheese: Revenue increased 38%
- Curd: Revenue rose 27%
- Ice cream: Sales climbed 60%
- Yoghurt: Revenue surged 153%
Gross margin expanded to 34.21% from 31.46% a year earlier.
IPO Gains Add To Investor Focus
Milky Mist listed on the NSE and BSE on August 18 following its ₹1,553-crore IPO. The issue included a ₹1,428-crore fresh issue and a ₹125-crore offer for sale (OFS).
The stock debuted at ₹165, marking a 17.9% premium to its ₹140 issue price.
For FY26, Milky Mist reported revenue of ₹3,138.36 crore, with revenue growing at a 31.26% CAGR between FY24 and FY26.
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This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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