Parag Milk Foods on the other hand has been a rank under performer with flat returns for the year, although the stock rose 11 percent intraday yesterday on striking a deal with the Taj Group. In an interview to CNBC-TV18, Devendra Shah, Chairman of Parag Milk Foods mapped out their plans for the coming year.

Capacity utilisation to improve in rest of FY15:Hatsun Agro

RG Chandramogan says globally, milk prices have started softening, but the company's main focus area is the branded business across milk and milk products. As much as 96 percent of the business is focused on branded segments, he adds.