Milky Mist Dairy Food Ltd. · NSE:MILKYMIST
Milky Mist Dairy Food — Q2 FY27 Earnings Presentation
28 slides from Milky Mist Dairy Food's earnings presentation, Oct 29, 2026
Slide 1: Exchange intimation of investor presentation
October 29, 2026 BSE Limited National Stock Exchange of India Limited 20th Floor, P.J. Towers Exchange Plaza, C-1, Block G Dalal Street Bandra Kurla Complex, Bandra (E) Mumbai - 400001 Mumbai - 400 051 Scrip Code: 544868 Scrip Symbol: MILKYMIST Dear Sir/Madam, Subject: Investor Presentation for the
Slide 2: Investor Presentation - Q2 FY27
Milky Mist Dairy Food Limited Proudly Fastest Trusted Indian Growing By Millions INDIA’S FASTEST-GROWING PACKAGED FOOD COMPANY Investor Presentation - Q2 FY27 1
Slide 3: Safe Harbour
SAFE HARBOUR This presentation and the accompanying slides (the “Presentation”), which have been prepared by Milky Mist Dairy Food Ltd (the “Company ”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any s
Slide 4: Table of Contents
TABLE OF CONTENTS Quarterly Financial Company Overview Performance Strategy Ahead Green Energy And ESG Initiatives 3
Slide 5: Quarterly Financial Performance
QUARTERLY FINANCIAL PERFORMANCE 4
Slide 6: From the Leadership
FROM THE LEADERSHIP “Q2 and H1 FY27 have been important periods for “In Q2 FY27, in spite of prevailing inflation in agricultural Milky Mist as we continued to strengthen our value- sector, El Nino impact and geopolitical uncertainties, added dairy portfolio, expand our manufacturing Milky Mist has
Slide 7: Q2 FY27 Financial Snapshot
Q2 FY27 FINANCIAL SNAPSHOT Rs 1,089.40 Cr Rs 368.83 Cr 33.86% Rs 165.2 1 Cr 15.17% Revenue from Gross Profit Gross Margin EBITDA # EBITDA Margin* Operations 41.58% YoY▲ 46.41% YoY▲ 53.90% YoY▲ Rs 77.94 Cr 7.15% Profit After Tax (PAT) PAT Margin 174.50% YoY ▲ 6 #EBITDA includes Other Income *EBITDA M
Slide 8: H1 FY27 Financial Snapshot
H1 FY27 FINANCIAL SNAPSHOT Rs 2,062.85 Cr Rs 701.85 Cr 34.02% Rs 310.10 Cr 15.03% Revenue from Gross Profit Gross Margin EBITDA # EBITDA Margin* Operations 42.50% YoY▲ 50.85% YoY▲ 62.90% YoY▲ Rs 142.62 Cr 6.91% Profit After Tax (PAT) PAT Margin 308.44% YoY ▲ 7 #EBITDA includes Other Income *EBITDA M
Slide 9: Net Sales Contribution by Product Category
NET SALES CONTRIBUTION – BY PRODUCT CATEGORY 44% TOPLINE CONTRIBUTORS Q2 FY26 Q2 FY27 303.92 Quarterly 31% 22% 210.47 43% 150.22 168% 115.04 115.76 103.11 94.88 55.66 Rs in Cr 38.96 38.51 * PANEER CHEESE CURD ICE CREAM YOGURT 40% TOPLINE CONTRIBUTORS Half Yearly 552.21 H1 FY26 H1 FY27 34% 395.39 25%
Slide 10: New Product Launches - Q2 FY27
NEW PRODUCT LAUNCHES – Q2 FY27 SKYR GREEK YOGURT HIGH PROTEIN LACTOSE-FREE MILK 9
Slide 11: Net Sales Mix by Region & Sales Channel
NET SALES MIX – BY REGION & SALES CHANNEL NET SALES MIX – BY REGION NET SALES MIX- BY SALES CHANNEL East India Exports & B2C B2B West India 2% Karnataka 4% 17% 8% 23% 31% General trade E-commerce 20% North, platform Central 11% India & H1 FY27 H1 FY27 Exports 10% 26% Andhra 15% Pradesh Tamil Nadu 22
Slide 12: Current Capacity Utilisation
CURRENT CAPACITY UTILISATION Category Level Capacity Utilization for Perundurai Manufacturing Facility FY 2026 H1 FY 2027 100% Capacity Utilization 114% Optimum capacity utilization for recently introduced Capacity Utilization % categories may take considerable amount of time 67% 64% 64% 63% 62% 58%
Slide 13: Financial Performance - Consolidated
FINANCIAL PERFORMANCE - CONSOLIDATED Particulars (Rs in Cr) Q2 FY27 Q2 FY26 YoY H1 FY27 H1 FY26 YoY Revenue from operations 1,089.40 769.47 41.58% 2,062.85 1,447.57 42.50% Gross Profit 368.83 251.92 46.41% 701.85 465.26 50.85% Gross Profit margin 33.86% 32.74% 34.02% 32.14% EBITDA# 165.21 107.35 53.
Slide 14: Balance Sheet
BALANCE SHEET Assets (Rs in Cr) Sept -26 Marc-26 Equity and Liabilities (Rs in Cr) Sept -26 Marc-26 A) NON-CURRENT ASSETS A) EQUITY (a) Equity share capital 153.97 128.46 (a) Property, plant and equipment 1,974.12 1,605.69 (b) Instruments entirely equity in nature - - (b) Capital work-in-progress 73
Slide 15: Cash Flow Statement
CASH FLOW STATEMENT Particulars Particulars (INR Cr) As of September 2026 As of September 2025 Profit before tax 163.85 57.90 Adjustments for depreciation and other items 156.44 148.39 Operating profit before working capital changes 320.30 206.29 Changes in working capital (69.65) (71.87) Cash gener
Slide 16: Marketing & Branding Initiatives
MARKETING & BRANDING INITIATIVES PRINT MEDIA SOCIAL MEDIA MAGAZINE ONAM ACTIVITY MALL ACTIVITY 15
Slide 17: Company Overview
COMPANY MilkyMist | milk =| A OVERVIEW op | protein Low F USI 0 N 4 . ne SHAKE . MilkyMist a if ie.” /G&,
Slide 18: Company at a Glance
COMPANY AT A GLANCE 100% Highest Realisation per Innovative Products and Fully Automated End to End Own Premium Product VADP Company litre of milk quality focus Manufacturing capabilities Logistics Pricing Pan India Presence Integrated Farm 1,00,000 Sq Meter+ ~13 LLDP Milk 4,200+ Distributors 3,94,0
Slide 19: Strengths That Set Us Apart
STRENGTHS THAT SET US APART FASTEST GROWING PACKAGED FOOD COMPANY EXPERIENCED MANAGEMENT in India with established brand equity and leadership team delivering financial growth across various product categories DIVERSIFIED AND EXPANDING PRODUCT CATEGORIES FOCUS ON SUSTAINABILITY focused on emerging c
Slide 20: Wide Ranging Value-Added FMCG Portfolio
WIDE RANGING VALUE-ADDED FMCG PORTFOLIO Our Portfolio Across 5 Consumption Occasions INDULGENCE ON THE GO PRODUCTS BASIC NEEDS AFTER MEAL PRODUCTS HEALTHY CHOICES PRODUCTS Paneer, Butter, Curd, Ghee, Cheese, Khova, Sweetened Yogurt, Milkshakes, Lassi, Ice Cream, Gulab Jamun, High-Protein Cheese & UH
Slide 21: Automation-Led Manufacturing Enhancing Efficiency & Scale
AUTOMATION-LED MANUFACTURING ENHANCING EFFICIENCY & SCALE PROCESS PROCESS ENHANCED AUTOMATION TRANSFORMATION EFFICIENCY & PERUNDURAI, QUALITY ERODE FACILITY Automated Manufacturing Continuous and lines with robotic large scale operations manufacturing Automated Shelf life Quality Control & Packaging
Slide 22: Seamless Supply Chain from Source to Shelf
SEAMLESS SUPPLY CHAIN FROM SOURCE TO SHELF Farmer Milk Tankers Reefer Truck Ambient Truck Reefer Vehicle Plant Distributor Retailer 22 States,+ 5 UTs 3,94,000+ Pan-India Presence Retail Touchpoints 21 As of 30th September 2026
Slide 23: Strategy Ahead
STRATEGY | | ) AHEAD FUSION
Slide 24: Our Growth Playbook
OUR GROWTH PLAYBOOK Leverage Technology To Strengthen Regional Expand Production & Strengthen Brand Visibility Strategic Acquisitions Improve Operations And Cost Presence Procurement Capabilities and Brand Equity Efficiency Market Share New Capacity Key Initiatives Recent Deals IOT & Automation • De
Slide 25: VADP Is the Fastest-Growing Part of Indian Dairy
VADP IS THE FASTEST-GROWING PART OF INDIAN DAIRY — MILKY MIST IS SCALING WITH IT Growth Forecast of Organized VADPs 19.6 Indian Dairy Market (INR T, %, FY20–31P) FY26 total FY26 FY20 FY26 FY31P CAGR CAGR 5% Value-added dairy products market size organized (INR B) (INR B) (INR B) (FY20-26) (FY26-31P)
Slide 26: Green Energy and ESG Initiatives
GREEN ENERGY AND ESG INITIATIVES 25
Slide 27: Sustainability Embedded in Our Growth Journey
SUSTAINABILITY EMBEDDED IN OUR GROWTH JOURNEY Energy Sustainability Initiatives Water Sustainability Initiatives 39 MW Tech Processes to Convert wastewater from from solar plants at milk handling into Kavilipalayam, Chithode processed water Total Power Usage and Arasanur Total Water Usage ~95% Inter
Slide 28: Thank You
THANK YOU Investor Relations Advisors : Adfactors PR Pvt Ltd Devika Shah – 9920764659 | [email protected] Mamta Samat – 9930625104 | [email protected] Shubham Sangle –7039516755 | [email protected] 27
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