Firstly Grate the paneer and keep aside.
Heat a wok and dry roast the grated coconut(75gms) slightly, take care that there is no change in colour.
Then add milk, paneer and sugar and cook on medium low flame until all the milk is absorbed.
Keep stirring frequently to avoid the milk from getting burnt.
You can use condensed milk also instead of milk. (in that case, you can avoid sugar)
Add dry nuts and cardamom powder.
Keep cooking on low flame for some more time until the mixture becomes sticky and you are able to make balls out of it.
The mixture will also leave the sides of the pan.
Grease your hands with a little water or ghee and make even sized balls out of it.
Now roll them in dry coconut powder spread on a plate.
Garnish with chopped pistachios.
Delicious Paneer laddoos are ready