Milky Mist Dairy Food (MILKYMIST) Q4 24/25 earnings summary

Executive summary

• Revenue from operations grew 29.1% year-over-year to ₹232,833.72 lakhs for FY25, with total income at ₹233,332.78 lakhs.

• Net profit increased to ₹4,376.40 lakhs, up from ₹1,816.85 lakhs in FY24, reflecting improved profitability.

• The company transitioned to Ind AS for the first time in FY25, restating prior periods for comparability.

• Acquired 100% of Asal Food Products Private Limited, now a wholly owned subsidiary, with the business combination accounted for from the beginning of the preceding period.

Financial highlights

• EBITDA margin improved, with operating profit before working capital changes at ₹32,382.14 lakhs (FY25).

• Earnings per share (EPS) rose to ₹0.69 basic and ₹0.68 diluted, adjusted for stock split and bonus issue.

• Total equity increased to ₹32,913.70 lakhs, up from ₹28,571.98 lakhs in FY24.

• Borrowings rose to ₹137,298.93 lakhs, with net debt to equity ratio at 410.85%.

• Cash and cash equivalents at year-end were ₹1,382.78 lakhs.

Outlook and guidance

• Management expects continued growth, supported by expanded capacity and product portfolio.

• No dividend proposed or paid for FY25.