Milky Mist Share Price: The stock of Milky Mist Dairy Food, a dairy products company, rose 10 per cent on Tuesday (September 1) to hit its upper circuit, following the company’s reported over 1,000 per cent jump in standalone net profit for the quarter ended June 30.
The stock rose 10 per cent, or Rs 21.09, to hit an upper circuit of Rs 232.03. (Milky Mist Dairy Food Share Price)
Milky Mist Q1 Results
The company reported a strong performance in the first quarter, with standalone net profit rising to Rs 64.5 crore, compared with Rs 5.7 crore in the year-ago period. Revenue rose 45 per cent year-on-year to Rs 973 crore in Q1FY26.
Additionally, the summer portfolio, including ice cream, curd and yoghurt, witnessed significant growth, with ice cream sales rising 60 per cent year-on-year. Paneer revenue grew 34 per cent YoY, while cheese and curd categories grew 38 per cent and 27 per cent YoY, respectively.
Milky Mist Stock Performance
From a performance perspective, the stock has proven to be a wealth creator for investors since its debut in the secondary market.
From its listing price, the stock has risen over 40 per cent. The gains are even sharper when compared with the IPO issue price of Rs 140, reflecting an upside of over 65 per cent since then.
Milky Mist Outlook
In the post-Q1 results conference call, the management highlighted that Milky Mist has expanded from a single product to a diversified FMCG company with more than 22 categories and over 650 SKUs as of June 2026. The company operates its flagship brand alongside sub-brands such as Smart Chef, Capella, Brioche and Hustle.
The company’s product portfolio includes everyday volume drivers such as paneer, butter, curd and milk, along with cheese, condensed milk, cream and kova. Its portfolio also includes yoghurts, milkshakes, lassi, buttermilk, chocolates, ice creams, gulab jamun, mishti doi and shrikhand.
The company also has a portfolio of high-protein products, Greek yoghurt and Skyr, with Skyr highlighted as the fastest-growing category.
Milky Mist operates a centralised greenfield facility in Erode, Tamil Nadu, which handles all value-added, frozen and ready-to-cook (RTC) products.
The company procures 100 per cent of its raw milk directly from local farmers, with payments transferred directly to their bank accounts.
(Disclaimer: The above article is meant for informational purposes only and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
