Parag Milk Foods - FMCG company just in Name or Deed?

[DeveshKedia]

Evolving Insights - From Curiosity to Clarity

Hello readers, here is another interesting asymmeteric bet I have been reading: Parag Milk: is this a medium-risk, high-reward 5-year bet? Thesis: If Parag compounds revenue to ~₹8,000–10,000 cr in ~5 years and sustains 10–11% EBITDA with 5–6% PAT, the investment can be 3–5x. What must go right: New-age brands (Avvatar, Pride of Cows) scale to double-digit mix, internal sourcing rises, brand spend stays productive, milk inflation remains manageable. My stance: Medium risk / high reward. Attrac…