Prabhat Dairy Ltd.
Snapshot View

99.65 ▼0%

22 April 2021, 04:00:00 P.M.

Overview View Details

Sector Fast Moving Consumer Goods Compare with Sector peers
Industry Consumer Food Compare with Industry peers
Website http://www.prabhat-india.in
Financial Indicators
Market Cap 974.32 Cr.
Earnings per share (EPS) -11.61 Trailing Twelve Months Ending 2020-12
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2020-12
Industry PE 56.97 Trailing Twelve Months Ending 2020-12
Book Value / Share 50.98 Trailing Twelve Months Ending 2020-12
Price to Book Value 1.96 Calculated using Price: 99.75
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 9.77 Cr. 97,676,131 Shares
FaceValue 10
Company Profile

The company was incorporated as Prabhat Dairy Private Limited on November 25, 1998 at Ahmednagar as a private limited company under the Companies Act, 1956. The company was converted into a public limited company and consequently, the name of the company was changed to Prabhat Dairy Limited.

The company’s integrated business model encompasses almost all aspects of the dairy industry value chain, including cattle feed supply, engaging with farmers on cattle health and milk production, procurement of raw milk, and the production, supply and sale of a range of processed milk and dairy products. The company’s integrated business model enables it to leverage the dairy industry value chain, ensure efficiency in costs and operating margins and exercise more control over the production process resulting in quality products.

The company has established large, automated production facilities with advanced equipment at Shrirampur (Ahmednagar) and at Navi Mumbai, with an aggregate milk processing capacity of 1.5 million litres per day. These facilities are in close proximity to its milk procurement region as well as target market. The company has added production capacities for several new dairy products including mozzarella cheese, cheddar cheese, processed cheese, cottage cheese (paneer) and shrikhand and has commenced production of these products in Fiscal 2016.

The company has received several quality certifications relating to its products and production facilities, including certifications from the Food Safety and Standards Authority of India (FSSAI) for certain of its products; the AGMARK quality certification for ghee and butter; the IS 1166:1986 certification for condensed milk, partly skimmed and skimmed condensed milk. The company has also received “Halal” certifications for skimmed milk powder, whole milk powder, dairy whitener, sweetened condensed milk and UHT milk.

Business area of the company

The company is an integrated milk and dairy products company in India catering to institutional as well as retail customers. It produces fresh, dry, frozen, cultured and fermented dairy products, including pasteurized milk, flavoured milk, sweetened condensed milk, ultra-pasteurised or ultra-high temperature (UHT) milk, yoghurt, dairy whitener, clarified butter (ghee), milk powder, ingredients for baby foods, lassi and chaas. The company has commenced commercial production of cheese, paneer and shrikhand. The company sells its products under its retail consumer brands as well as ingredient products or as co-manufactured products to a number of institutional and multinational companies.

Major events and milestones of the company

  • 1998: Incorporation of the company on November 25, 1998.
  • 1999: Commencement of commercial production and sale of pasteurized and homogenized cow’s milk in plastic pouches.
  • 2008: Started supply of ingredients to Mondelez India Foods Private Limited.
  • 2010: Commencement of production of milk powder with a capacity of 30 metric tonnes per day.
  • 2012: Investment in the company by IABF (a private equity fund managed by the Rabobank Group, Netherlands).
  • 2013: Investment in the company by Proparco (a subsidiary of Agence Française de Developpement).
  • 2013: Commencement of its manufacturing plant at with a capacity of processing of 300,000 litres of milk per day at Turbhe, Navi Mumbai, Maharashtra.
  • 2014: Entered into brand building tie-up with one of the leading marketing agencies.
  • 2015: Inauguration of the facility for manufacturing cheese with a capacity of 20,000 kilograms per day at its manufacturing facility situated at Shrirampur.

Delivery View Details

Delivered Qty
Traded Qty

No Deliveries found

Performance View Details

1 Day
1 Week
-0.10%
1 Month
-0.10%
3 Month
-0.10%
6 Month
+40.65%
1 Year
+55.34%
2 Year
+48.73%
5 Year
+8.37%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 8.40 8.20 7.83 8.23 4.70 7.04 6.66 6.47 -17.46
Return on Capital Employed (%) 8.28 10.75 10.34 10.30 9.93 11.22 5.41 4.75 -13.83
Return on Assets (%) 1.99 2.62 3.16 3.31 2.66 4.63 4.31 3.92 -5.18

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 113 237 317 352 646 688 731 780 471
Non Curr. Liab. 182 157 153 235 46 56 47 -6
Curr. Liab. 184 181 236 277 187 404 265 675 2,294
Minority Int.
Equity & Liab. 479 575 706 864 878 1,149 1,043 1,449 2,765
Non Curr. Assets 362 444 471 533 470 478 497 3 2
Curr. Assets 117 131 235 330 408 671 546 1,446 2,763
Misc. Exp. not W/O
Total Assets 479 575 706 864 878 1,149 1,043 1,449 2,765

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 483 641 857 1,003 1,168 1,410 1,557 1,792 533
Other Income 1 1 1 1 1 1 60
Total Income 484 642 858 1,004 1,169 1,411 1,557 1,792 593
Total Expenditure -434 -569 -766 -900 -1,052 -1,283 -1,503 -1,751 -679
PBIDT 49 73 91 105 117 128 54 41 -86
Interest -18 -30 -33 -41 -41 -29 0 0
Depreciation -16 -24 -33 -34 -40 -43 0
Taxation -5 -5 -5 -3 -13 -27 -6 8 -22
Exceptional Items 19
PAT 10 14 20 26 23 47 47 49 -109

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 54 56 9 1 26 20 218 -115 967
Cash Fr. Inv. -117 -110 -61 -53 -27 -88 -89 16 -28
Cash Fr. Finan. 65 57 50 69 -8 166 -189 277
Net Change 1 3 -2 17 -9 97 -60 178 939
Cash & Cash Eqvt 2 5 3 20 12 109 49 227 947

Shareholding Pattern View Details

9 Qtrs 2019-03 (%) 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%)
Promoter 50.10 50.10 50.10 50.10 50.10 50.10 50.10 50.10 50.10
Public 49.90 49.90 49.90 49.90 49.90 49.90 49.90 49.90 49.90
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 59.88 59.88 59.88 59.88 59.88 59.88 2.30 2.30 2.30

Announcements View Details

Thu, 29 Apr 2021
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1 Name of Compay Prabhat Dairy Ltd
2 CIN L01100PN1998PLC013068
3 Report filed for FY 2020-2021
Details of the borrowings (all figures in Rs crore)
4 Incremental borrowing done in FY(a) 0
5 Mandatory borrowing to be done through issuance of debt securities(b) = (25% of a) 0
6 Actual borrowings done through debt securities in FY(c) 0
7 Shortfall in the mandatory borrowing through debt securities if any (d) = (b) - (c) { If the calculated value is zero or negative write nil} 0
8 Reasons for shortfall if any in mandatory borrowings through debt securities 0





Name of the Company Secretary :-DIPTI TODKAR
Designation :-COMPANY SECRETARY AND COMPLIANCE OFFICER
Name of the Chief Financial Officer :- VISHWJIT SINGH
Designation : -CHIEF FINANCIAL OFFICER

Date: 29/04/2021

Mon, 26 Apr 2021
Corporate Action-Updates on Delisting
Exit letter of offer for residual shareholders
Tue, 20 Apr 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
COMPLIANCE CERTIFICATE UNDER REGULATION 74(5) OF SEBI (DP) REGULATIONS 2018

Technical Scans View Details

No Scans Found

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Hindustan Unilever Ltd. 548,405.78 2,334.05 +0.0%
ITC Ltd. 252,348.03 205.00 -0.5%
Nestle India Ltd. 170,682.33 17,725.00 -1.0%
Dabur India Ltd. 105,832.44 598.65 +2.4%
Godrej Consumer Products Ltd. 101,308.49 990.75 +0.4%
Britannia Industries Ltd. 82,378.16 3,420.05 +0.4%
Marico Ltd. 70,555.04 546.35 +3.5%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Hindustan Unilever Ltd. Consolidated 2021-06 66.93 2,334.05 +0.0%
ITC Ltd. Consolidated 2021-06 18.12 205.00 -0.5%
Nestle India Ltd. Standalone 2021-06 77.19 17,725.00 -1.0%
Dabur India Ltd. Consolidated 2021-03 62.50 598.65 +2.4%
Godrej Consumer Products Ltd. Consolidated 2021-03 58.87 990.75 +0.4%
Britannia Industries Ltd. Consolidated 2021-03 44.20 3,420.05 +0.4%
Marico Ltd. Consolidated 2021-03 60.20 546.35 +3.5%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Hindustan Unilever Ltd. Consolidated 2021-06 11.02 2,334.05 +0.0%
ITC Ltd. Consolidated 2021-06 4.07 205.00 -0.5%
Nestle India Ltd. Standalone 2021-06 76.28 17,725.00 -1.0%
Dabur India Ltd. Consolidated 2021-03 14.04 598.65 +2.4%
Godrej Consumer Products Ltd. Consolidated 2021-03 10.74 990.75 +0.4%
Britannia Industries Ltd. Consolidated 2021-03 23.22 3,420.05 +0.4%
Marico Ltd. Consolidated 2021-03 21.77 546.35 +3.5%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Hindustan Unilever Ltd. Consolidated 2021-03 0.00 2,334.05 +0.0%
ITC Ltd. Consolidated 2021-03 0.00 205.00 -0.5%
Nestle India Ltd. Standalone 2020-12 0.02 17,725.00 -1.0%
Dabur India Ltd. Consolidated 2021-03 0.07 598.65 +2.4%
Godrej Consumer Products Ltd. Consolidated 2021-03 0.19 990.75 +0.4%
Britannia Industries Ltd. Consolidated 2020-03 0.35 3,420.05 +0.4%
Marico Ltd. Consolidated 2020-03 0.11 546.35 +3.5%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Hindustan Unilever Ltd. Consolidated 2021-03 28.63 2,334.05 +0.0%
ITC Ltd. Consolidated 2021-03 21.97 205.00 -0.5%
Nestle India Ltd. Standalone 2020-12 105.76 17,725.00 -1.0%
Dabur India Ltd. Consolidated 2021-03 24.14 598.65 +2.4%
Godrej Consumer Products Ltd. Consolidated 2021-03 19.87 990.75 +0.4%
Britannia Industries Ltd. Consolidated 2020-03 32.39 3,420.05 +0.4%
Marico Ltd. Consolidated 2020-03 35.04 546.35 +3.5%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Hindustan Unilever Ltd. Consolidated 2021-03 38.36 2,334.05 +0.0%
ITC Ltd. Consolidated 2021-03 28.66 205.00 -0.5%
Nestle India Ltd. Standalone 2020-12 147.88 17,725.00 -1.0%
Dabur India Ltd. Consolidated 2021-03 27.29 598.65 +2.4%
Godrej Consumer Products Ltd. Consolidated 2021-03 19.61 990.75 +0.4%
Britannia Industries Ltd. Consolidated 2020-03 37.12 3,420.05 +0.4%
Marico Ltd. Consolidated 2020-03 42.59 546.35 +3.5%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Hindustan Unilever Ltd. Consolidated 2021-03 47,029.00 2,334.05 +0.0%
ITC Ltd. Consolidated 2021-03 49,272.78 205.00 -0.5%
Nestle India Ltd. Standalone 2020-12 13,350.03 17,725.00 -1.0%
Dabur India Ltd. Consolidated 2021-03 9,546.60 598.65 +2.4%
Godrej Consumer Products Ltd. Consolidated 2021-03 11,028.62 990.75 +0.4%
Britannia Industries Ltd. Consolidated 2020-03 11,599.55 3,420.05 +0.4%
Marico Ltd. Consolidated 2020-03 7,315.00 546.35 +3.5%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Hindustan Unilever Ltd. Consolidated 2021-03 7,999.00 2,334.05 +0.0%
ITC Ltd. Consolidated 2021-03 13,389.80 205.00 -0.5%
Nestle India Ltd. Standalone 2020-12 2,082.43 17,725.00 -1.0%
Dabur India Ltd. Consolidated 2021-03 1,695.96 598.65 +2.4%
Godrej Consumer Products Ltd. Consolidated 2021-03 1,720.83 990.75 +0.4%
Britannia Industries Ltd. Consolidated 2020-03 1,393.16 3,420.05 +0.4%
Marico Ltd. Consolidated 2020-03 1,043.00 546.35 +3.5%