Parag Milk Food (BOM:539889) ROCE %: 16.14% (As of Mar. 2026)

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BOM:539889 Parag Milk Food Ltd BOM:539889
79 GF Score
Price ₹214.45
GF Value ₹245.26
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Parag Milk Food ROCE %?

Parag Milk Food BOM:539889 -0.33% 79 ROCE % is 16.14% as of Mar. 2026. GuruFocus rates BOM:539889 with a GF Score™ of 79/100 and a GF Value™ of ₹245.26 (Modestly Undervalued). The stock has 2 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Parag Milk Food's annualized ROCE % for the quarter that ended in Mar. 2026 was 16.14%.

Parag Milk Food  (BOM:539889) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Parag Milk Food ROCE % Related Terms

Parag Milk Food ROCE % Historical Data

* Premium members only.

The historical data trend for Parag Milk Food's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Parag Milk Food ROCE % Chart

Parag Milk Food Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -52.28 11.12 14.56 17.97 16.55

Parag Milk Food Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.46 14.89 19.79 14.98 16.14
BOM:539889
79GF Score
Parag Milk Food Ltd BOM:539889
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Parag Milk Food ROCE % Calculation

Parag Milk Food's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=2337.8/( ( (20326.4 - 7107.4) + (22806.3 - 7769.4) )/ 2 )
=2337.8/( (13219+15036.9)/ 2 )
=2337.8/14127.95
=16.55 %

Parag Milk Food's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=2427.2/( ( (0 - 0) + (22806.3 - 7769.4) )/ 1 )
=2427.2/( ( 0 + 15036.9 )/ 1 )
=2427.2/15036.9
=16.14 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 16.14% mean?
Parag Milk Food (BOM:539889) has a ROCE % of 16.14% as of Mar. 2026.
Is Parag Milk Food's ROCE % too high?
Parag Milk Food's current ROCE % is 16.14%. The Consumer Packaged Goods industry median ROCE % is 8.87. Parag Milk Food's value of 16.14% is 82.1% above this industry median. Overall, Parag Milk Food has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Parag Milk Food's ROCE % compare to KHC and GIS?
Parag Milk Food's ROCE % of 16.14% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 8.87. Parag Milk Food's value of 16.14% is 82.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Consumer Packaged Goods company?
The median ROCE % among Consumer Packaged Goods companies is 8.87, based on 1,944 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Parag Milk Food's current ROCE % of 16.14% is 82.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Consumer Packaged Goods industry, the median ROCE % is 8.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parag Milk Food's current ROCE % is 16.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parag Milk Food stock overvalued right now?
Based on GuruFocus' analysis, Parag Milk Food (BOM:539889) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹245.26, compared to a current price of ₹214.45 — trading 12.6% below its estimated fair value. The current ROCE % is 16.14% and 82.1% above the Consumer Packaged Goods industry median of 8.87. Parag Milk Food's overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Parag Milk Food (BOM:539889), the current ROCE % is 16.14% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Parag Milk Food (BOM:539889) Overvalued in 2026?

Based on GuruFocus' analysis, Parag Milk Food stock appears to be undervalued. The current stock price of ₹214.45 is trading 12.6% below its estimated GF Value™ of ₹245.26. GuruFocus considers Parag Milk Food to be Modestly Undervalued.

Key valuation signals for BOM:539889:

  • ROCE %: 16.14%
  • GF Value™: ₹245.26 vs. price of ₹214.45 (12.6% below fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 82.1% above the Consumer Packaged Goods median

No single metric tells the full story. See the BOM:539889 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Parag Milk Food Business Description

Other Exchanges PARAGMILK:India
Address Nariman Point, 10th Floor Nirmal Building, Mumbai, MH, IND, 400021
Parag Milk Food Ltd is an India based company engaged in manufacturing, trading, and processing of milk and milk products. The products offered by the company are milk, cheese, butter, ghee, fresh cream, milk powder, flavoured milk, lassi, whey protein powder, curd, and other related products. The company markets its products under the brands Gowardhan, Go, Topp up and PRIDE OF COWS. It sells its products in India, and also exports internationally, of which majority of the sales revenue is generated within India.
79GF Score

Get the complete analysis for BOM:539889

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹214.45
Price
₹245.26
GF Value