Case study

PARAGMILK

Parag Milk Foods Limited

Mixed signals1y model -0.6%

Each stock's 10,000-path forecast, rendered as light.

52Score

Parag Milk Foods Limited (PARAGMILK) Stock Analysis & Case Study

Is PARAGMILK a good buy? The data-driven verdict.

Parag Milk Foods Limited (PARAGMILK) trades at ₹223,on the numbers it mixed signals, a Downstox Snapshot Score of 52/100.

On the numbers, Parag Milk Foods Limited (PARAGMILK) mixed signals, a Downstox Snapshot Score of 52/100, weighing fairly valued at 20.8× earnings, ROE of 12.3%, a 50% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

PARAGMILK fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹2,804 Cr
Current price
₹223
P/E ratio
20.8×
P/B ratio
2.21×
Book value
₹101
Dividend yield
0.45%
ROCE
13.5%
ROE
12.3%
Piotroski F-Score
6/8

How PARAGMILK ranks against the 2,373 companies in our screener

Is PARAGMILK overvalued? PARAGMILK P/E vs peers

PARAGMILK trades at 20.8× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

PARAGMILK share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of PARAGMILK history (-4%/yr drift, 46%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
PARAGMILK 2027₹124₹222₹395-1%
PARAGMILK 2028₹96₹221₹505-1%
PARAGMILK 2029₹81₹219₹594-2%
PARAGMILK 2030₹68₹218₹700-2%
PARAGMILK 2031₹58₹217₹807-3%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability PARAGMILK goes up, or doubles?

50%
Higher in 1 year
Modelled chance the price is above today in 12 months
49%
Higher in 5 years
Modelled chance the price is above today in 5 years
24%
Doubles in 5 years
Modelled chance of reaching ₹446 within 5 years

The bull case for PARAGMILK

  • PARAGMILK's P/E of 20.8x is lower than 61% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • PARAGMILK's return on equity of 12.3% ranks in the 60th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹594.

The bear case & risks

  • High historical volatility (46%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹81.

PARAGMILK volatility & expected range, how bumpy is the ride?

Over the last 9.8 years PARAGMILK compounded at -4%/year with annualized volatility of 46%. That volatility implies a 1-year 80% range of ₹124-₹395, the honest backbone behind any single price target.

PARAGMILK price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
0.6%
80% range₹124-₹395
P(price ↑)50%
P(price 2×)6%
3-Year Forecast
2029
₹0
Median (P50)
1.8%
80% range₹81-₹594
P(price ↑)49%
P(price 2×)19%
5-Year Forecast
2031
₹0
Median (P50)
3.0%
80% range₹58-₹807
P(price ↑)49%
P(price 2×)24%

PARAGMILK price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
PARAGMILK simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds PARAGMILK hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the PARAGMILK price target & forecast page.

PARAGMILK Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. PARAGMILK scores 6/8, mixed financial health.

PARAGMILK MTF margin & leverage across 9 brokers

Margin Trading Facility lets you buy PARAGMILK with part of the capital. Lower margin % = higher leverage. Rates compared across 9 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox35.98%2.8×
ZerodhaCHEAPEST35.93%2.8×
Groww36.04%2.8×
Dhan35.93%2.8×
Kotak Neo35.97%2.8×
Paytm Money37.91%2.6×
Pocketful36.32%2.8×
Anand RathiCHEAPEST35.93%2.8×
Share India36.01%2.8×

Compare every broker on the PARAGMILK MTF page.

About Parag Milk Foods Limited: sector, index & market-cap context

Parag Milk Foods Limited (PARAGMILK) is a small-cap NSE-listed company, with a market capitalisation of ₹2,804 Cr. See more stocks on our screener.

How the PARAGMILK Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Parag Milk Foods Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

PARAGMILK analysis, FAQs

Is Parag Milk Foods Limited (PARAGMILK) a good buy?

On the numbers, Parag Milk Foods Limited (PARAGMILK) mixed signals, a Downstox Snapshot Score of 52/100, weighing fairly valued at 20.8× earnings, ROE of 12.3%, a 50% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is PARAGMILK overvalued or undervalued?

PARAGMILK trades at 20.8× earnings, fairly valued versus the ~22× long-run Nifty average.

What is the PARAGMILK share price target for 2031?

PARAGMILK's probability-weighted 2031 median target is ₹217, with an 80% range of ₹58-₹807 (10,000-path Monte-Carlo).

What is the probability PARAGMILK doubles in 5 years?

The modelled probability of PARAGMILK reaching ₹446 (2×) within 5 years is 24%.

What is the bull case for PARAGMILK?

PARAGMILK's P/E of 20.8x is lower than 61% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. PARAGMILK's return on equity of 12.3% ranks in the 60th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in PARAGMILK?

High historical volatility (46%/yr) means a wide, bumpy range of outcomes, size positions accordingly.

More on PARAGMILK