The company is a packaged food company that specializes in value-added dairy products. The range of their products includes milk and other dairy products, and the company enjoys the backing of an integrated manufacturing and distribution system. Their integrated manufacturing system is based in Perundurai, Tamil Nadu, and they also have milk chilling centers in different places.
The shares of Milky Mist Dairy are currently trading at Rs. 308 . 00/ down by 2.96%. The company has a market capitalization of Rs. 23,788.16 crore. The stock’s 52 week high is Rs. 333.11 and its 52 week low is Rs. 165.00. Post the ipo the stock has delivered a return of Rs. 62.77%.
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What’s The News
Milky Mist Dairy Food has commissioned a new 10 MW solar power plant at Arasanoor in Tamil Nadu. The newly commissioned plant has been added to the company’s existing 15 MW solar facility at the same location, taking its total solar capacity at Arasanoor to 25 MW.
The company has invested approximately Rs. 109.60 crore in the total 25 MW solar capacity at Arasanoor. With the latest commissioning, Milky Mist’s renewable energy portfolio has increased to around 41 MW, comprising solar and wind assets across multiple locations
Renewable Energy Capacity
Milky Mist Dairy Food is generating 41 MW of energy using renewable sources of energy such as solar and wind power. These include 25 MW of solar energy production from Arasanoor, 9 MW of solar energy production from Kavilipalayam, and 5 MW of solar energy production from Chithode. The company is producing 2 MW of energy using wind power from Kayathar.
With the production of the 10 MW solar power plant in Arasanoor, the company’s renewable energy production has increased to 41 MW. Milky Mist Dairy Food revealed that it is using renewable energy sources for all its power needs.
Power Generation and Sustainability Impact
The total 25 MW Arasanoor Solar Power Project is anticipated to produce about 2 million units of renewable power each year. The electricity produced from this project would cater to the energy needs of Milky Mist’s manufacturing plant located at Perundurai along with the chilling centers of the company located at various other places.
The extra renewable energy production is also anticipated to decrease the company’s dependence on non-renewable energy sources and prevent around 16,000 tons of carbon emissions each year.
Rs. 197 Crore Invested in Renewable Energy
Milky Mist has been investing in renewable energy since 2016, when it commissioned its first 2 MW solar plant. Since then, the company has invested close to Rs. 197 crore in renewable energy generation plants with an aggregate capacity of around 41 MW.
The company has generated around 210 million units of electricity that have been estimated to be worth around Rs. 165 crore. The solar panels used by the company are expected to last for at least 28-30 years.
Apart from solar and wind power, Milky Mist has also invested in steam turbine technology and a methane gas purification plant. The company said its methane-based system generates approximately 15,000 units of electricity per day, while biomass is also used for boiler operations.
Financial Performance
Looking at the quarterly results of Milky Mist Dairy Food, the company’s standalone revenue from operations stood at Rs. 973 crore in Q1 FY27, compared with Rs. 673 crore in Q1 FY26, registering a growth of around 44.58% YoY. On a sequential basis, revenue increased by around 13.93% QoQ from Rs. 854 crore in Q4 FY26.
In Q1 FY27, the company’s standalone operating profit stood at Rs. 143 crore, compared with Rs. 80 crore in Q1 FY26, while the operating profit margin stood at 15%, compared with 12% in the year-ago quarter. On a sequential basis, operating profit increased from Rs. 136 crore in Q4 FY26.
The company’s standalone net profit stood at Rs. 64 crore in Q1 FY27, compared with Rs. 6 crore in Q1 FY26, registering a sharp growth of around 966.67% YoY. On a QoQ basis, net profit declined by around 31.91% from Rs. 94 crore in Q4 FY26. Basic EPS stood at Rs. 1.00 in Q1 FY27, compared with Rs. 0.09 in Q1 FY26 and Rs. 1.46 in Q4 FY26.
Investor Perspective
The commissioning of the 10 MW solar plant marks another step in Milky Mist Dairy Food’s efforts to increase renewable energy usage across its operations. With the Arasanoor facility now expanded to 25 MW and total renewable capacity reaching around 41 MW, the company has significantly increased its captive renewable energy generation capacity.
For investors, the development is relevant from the perspective of energy self-sufficiency, reduced dependence on conventional power and long-term operating efficiency. However, the company has not disclosed a specific near-term earnings benefit from the newly commissioned plant, so the impact on profitability should be assessed as the additional capacity contributes to operations over time.