Archive · 27 Jan 2026
Milkfood Ltd Sells Moradabad Plant
Milkfood Ltd., a big dairy company in India, sold one of its factories in Moradabad for ₹130 crore.
This sale helped them make a lot of money after paying taxes.
They plan to use most of this money to pay off their debts, which will save them a lot of money every year.
The company's boss said this sale will help them focus on growing their business in areas like ice cream, cheese, and butter.
They also want to make more products in their Patiala factory and aim to make ₹750 crore in sales by 2026-27.
This sale is part of their plan to become a stronger and more competitive company in the Indian dairy market.
Milkfood Ltd. sold its Moradabad plant for ₹130 crore, resulting in a net inflow of ₹116.11 crore post taxes.
The sale generated a net profit of ₹78.04 crore on land and ₹7.54 crore on buildings, with a non-cash reversal of ₹37.37 crore from revaluation reserves.
The company plans to use ₹75 crore of the proceeds to repay loans, reducing annual finance costs by approximately ₹9.25 crore and plant overheads by ₹8.5 crore.
Milkfood Ltd. aims to focus on expanding high-growth dairy categories like ice cream, cheese, and butter, and scale up production at its Patiala plant.
The company expects to achieve a turnover of ₹750 crore by FY 2026-27, with an expected EBITDA margin of around 7%.
- Who
- Milkfood Ltd., an established dairy company in India
- What
- Sale of its Moradabad plant for ₹130 crore
- When
- January 27 (announcement date)
- Where
- Moradabad plant located at Agwanpur, Uttar Pradesh
- Why
- To strengthen balance sheet, reduce debt, and accelerate growth plans
- Company
- Milkfood Ltd.
- Asset Sold
- Moradabad plant, Agwanpur, Uttar Pradesh
- Sale Amount
- ₹130 crore
- Net Inflow
- ₹116.11 crore (post taxes)
- Profit on Land
- ₹78.04 crore
- Profit on Buildings
- ₹7.54 crore
- Reversal from Revaluation Reserves
- ₹37.37 crore (non-cash)
- Debt Repayment
- ₹75 crore
- Annual Finance Cost Reduction
- ₹9.25 crore
- Annual Plant Overheads Savings
- ₹8.5 crore