The company was incorporated as Prabhat Dairy Private Limited on November 25, 1998 at Ahmednagar as a private limited company under the Companies Act, 1956. The company was converted into a public limited company and consequently, the name of the company was changed to Prabhat Dairy Limited.

The company’s integrated business model encompasses almost all aspects of the dairy industry value chain, including cattle feed supply, engaging with farmers on cattle health and milk production, procurement of raw milk, and the production, supply and sale of a range of processed milk and dairy products. The company’s integrated business model enables it to leverage the dairy industry value chain, ensure efficiency in costs and operating margins and exercise more control over the production process resulting in quality products.

The company has established large, automated production facilities with advanced equipment at Shrirampur (Ahmednagar) and at Navi Mumbai, with an aggregate milk processing capacity of 1.5 million litres per day. These facilities are in close proximity to its milk procurement region as well as target market. The company has added production capacities for several new dairy products including mozzarella cheese, cheddar cheese, processed cheese, cottage cheese (paneer) and shrikhand and has commenced production of these products in Fiscal 2016.

The company has received several quality certifications relating to its products and production facilities, including certifications from the Food Safety and Standards Authority of India (FSSAI) for certain of its products; the AGMARK quality certification for ghee and butter; the IS 1166:1986 certification for condensed milk, partly skimmed and skimmed condensed milk. The company has also received “Halal” certifications for skimmed milk powder, whole milk powder, dairy whitener, sweetened condensed milk and UHT milk.

Business area of the company

The company is an integrated milk and dairy products company in India catering to institutional as well as retail customers. It produces fresh, dry, frozen, cultured and fermented dairy products, including pasteurized milk, flavoured milk, sweetened condensed milk, ultra-pasteurised or ultra-high temperature (UHT) milk, yoghurt, dairy whitener, clarified butter (ghee), milk powder, ingredients for baby foods, lassi and chaas. The company has commenced commercial production of cheese, paneer and shrikhand. The company sells its products under its retail consumer brands as well as ingredient products or as co-manufactured products to a number of institutional and multinational companies.

Major events and milestones of the company

• 1998: Incorporation of the company on November 25, 1998.
• 1999: Commencement of commercial production and sale of pasteurized and homogenized cow’s milk in plastic pouches.
• 2008: Started supply of ingredients to Mondelez India Foods Private Limited.
• 2010: Commencement of production of milk powder with a capacity of 30 metric tonnes per day.
• 2012: Investment in the company by IABF (a private equity fund managed by the Rabobank Group, Netherlands).
• 2013: Investment in the company by Proparco (a subsidiary of Agence Française de Developpement).
• 2013: Commencement of its manufacturing plant at with a capacity of processing of 300,000 litres of milk per day at Turbhe, Navi Mumbai, Maharashtra.
• 2014: Entered into brand building tie-up with one of the leading marketing agencies.
• 2015: Inauguration of the facility for manufacturing cheese with a capacity of 20,000 kilograms per day at its manufacturing facility situated at Shrirampur.