Parag Milk Foods Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	no data
CEO ownership	n/a
Management average tenure	1.4yrs
Board average tenure	9.4yrs

Recent management updates

Recent updates

CEO

Parag Milk Foods has no CEO, or we have no data on them.

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Devendra Shah	Executive Chairman	31.9yrs	₹34.48m	21.59% ₹ 5.1b
Pritam Shah	MD, Interim CFO & Executive Director	1.6yrs	₹34.48m	19.32% ₹ 4.5b
Virendra Varma	Company Secretary & Compliance Officer	2.1yrs	₹2.26m	no data
Akshali Shah	Senior VP of Strategy - Sales & Marketing and Executive Director	no data	₹19.48m	1.68% ₹ 393.1m
Rahul Srivastava	Chief Operating Officer	1.1yrs	no data	no data
Sangeeta Tripathi	Senior Manager of Investor Relations	no data	no data	no data
Pournima Surve	Head of Corporate Communications & Public Relations	no data	no data	no data
Binod Das	Head of Sales	1.3yrs	no data	no data
Arvind Desai	Head of HR	no data	no data	no data
Sachin Shah	Senior Vice President of Southern Operations	no data	no data	no data
H. Oberoi	President of Cheese Manufacturing	no data	no data	no data
Sanjay Mishra	Sr. VP of Operations Manchar	no data	no data	no data

1.4yrs

Average Tenure

47.5yo

Average Age

Experienced Management: 539889's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Devendra Shah	Executive Chairman	31.9yrs	₹34.48m	21.59% ₹ 5.1b
Pritam Shah	MD, Interim CFO & Executive Director	31.9yrs	₹34.48m	19.32% ₹ 4.5b
Akshali Shah	Senior VP of Strategy - Sales & Marketing and Executive Director	1.9yrs	₹19.48m	1.68% ₹ 393.1m
Radhika Madhukar Pereira	Independent Director	9.5yrs	₹3.60m	no data
Nikhil Vora	Non-Executive Non-Independent Director	3.3yrs	no data	0.26% ₹ 61.1m
Narendra Kumar Ambwani	Independent Director	9.5yrs	₹3.40m	0.0038% ₹ 885.6k
Nitin Dhavalikar	Independent Director	9.3yrs	₹3.80m	no data
Dnyanesh Darshane	Independent Director	1.9yrs	₹3.40m	no data

9.4yrs

Average Tenure

54yo

Average Age

Experienced Board: 539889's board of directors are considered experienced (9.4 years average tenure).

Parag Milk Foods Management

Management criteria checks 1/4

Key information

Recent management updates

Parag Milk Foods Limited, Annual General Meeting, Sep 11, 2024

Parag Milk Foods Limited Announces Appointment of Sumit Jain as President of Finance

Parag Milk Foods Limited Announces the Appointment of Rahul Kumar Srivastava as the Chief Operating Officer

Parag Milk Foods Limited, Annual General Meeting, Sep 27, 2023

Parag Milk Foods Limited Announces Executive Appointments

Parag Milk Foods Limited Announces Executive Appointments

Recent updates

Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind

Parag Milk Foods Limited to Report Q2, 2025 Results on Nov 11, 2024

Investor sentiment improves as stock rises 17%

Parag Milk Foods Limited Approves Dividend for the Financial Year Ended March 31, 2024

Upcoming dividend of ₹0.50 per share

Parag Milk Foods Limited, Annual General Meeting, Sep 11, 2024

First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind

Parag Milk Foods Limited to Report Q1, 2025 Results on Jul 23, 2024

Now 8.8% overvalued

Now 21% overvalued

Investor sentiment improves as stock rises 16%

Now 21% overvalued

New minor risk - Dividend sustainability

Investor sentiment deteriorates as stock falls 17%

Full year 2024 earnings released: EPS: ₹7.71 (vs ₹5.07 in FY 2023)

Parag Milk Foods Limited to Report Q4, 2024 Results on May 18, 2024

Parag Milk Foods Limited Announces Appointment of Sumit Jain as President of Finance

Now 22% overvalued after recent price rise

Third quarter 2024 earnings released: EPS: ₹2.91 (vs ₹0.86 in 3Q 2023)

Investor sentiment improves as stock rises 15%

Parag Milk Foods Limited to Report Q3, 2024 Results on Feb 07, 2024

Investor sentiment improves as stock rises 16%

Second quarter 2024 earnings released: EPS: ₹2.15 (vs ₹1.20 in 2Q 2023)

Parag Milk Foods Limited to Report Q2, 2024 Results on Nov 09, 2023

Parag Milk Foods Limited Announces the Appointment of Rahul Kumar Srivastava as the Chief Operating Officer

Parag Milk Foods Limited, Annual General Meeting, Sep 27, 2023

Parag Milk Foods Limited Announces Executive Appointments

Parag Milk Foods Limited Announces Executive Appointments

Investor sentiment improves as stock rises 20%

First quarter 2024 earnings released: EPS: ₹1.83 (vs ₹1.10 in 1Q 2023)

Parag Milk Foods Limited to Report Q1, 2024 Results on Aug 05, 2023

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 24%

Investor sentiment improves as stock rises 17%

Full year 2023 earnings released: EPS: ₹4.92 (vs ₹56.91 loss in FY 2022)

Parag Milk Foods Appoint Executives

Third quarter 2023 earnings released: EPS: ₹0.86 (vs ₹2.00 in 3Q 2022)

Parag Milk Foods Limited to Report Q3, 2023 Results on Jan 24, 2023

Second quarter 2023 earnings released: EPS: ₹1.20 (vs ₹2.39 in 2Q 2022)

Parag Milk Foods Limited Announces Executive Changes

Parag Milk Foods Limited Appoints Mr. Virendra Varma as the Company Secretary & Compliance Officer

Parag Milk Foods Limited Announces Resignation of Rachana Sanganeria as Company Secretary and Compliance Officer

Parag Milk Foods Limited, Annual General Meeting, Sep 30, 2022

Parag Milk Foods Limited, Annual General Meeting, Sep 30, 2022

Less than half of directors are independent

First quarter 2023 earnings released: EPS: ₹1.10 (vs ₹1.94 in 1Q 2022)

Price target increased to ₹148

Parag Milk Foods Limited announced that it expects to receive INR 1.3125 billion in funding from Pivotal Business Managers LLP

Parag Milk Foods Limited Announces Resignation of B.M. Vyas from Board of the Company as Director

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 22% undervalued after recent price drop

Parag Milk Foods Limited to Report Q4, 2022 Results on Jun 30, 2022

Insufficient new directors

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased to ₹129

Insufficient new directors

Price target increased to ₹149

Second quarter 2022 earnings released: EPS ₹2.39 (vs ₹1.89 in 2Q 2021)

Investor sentiment improved over the past week

Upcoming dividend of ₹0.50 per share

First quarter 2022 earnings released: EPS ₹1.94 (vs ₹0.39 in 1Q 2021)

Parag Milk Foods ­ Launches Fat-Free Milk

Consensus forecasts updated

Full year 2021 earnings released: EPS ₹2.47 (vs ₹11.16 in FY 2020)

Price target decreased to ₹98.00

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day low: ₹105

Third quarter 2021 earnings released: EPS ₹1.34 (vs ₹3.29 in 3Q 2020)

Parag Milk Foods Launches Fat-Free Milk