A modified phenol-formaldehyde (PF) resin was synthesized under alkaline condition in varying proportion of casein up to 20% (w/w) of phenol. All the prepared resins were characterized by free phenol content, free formaldehyde content, viscosity measurements, number average molecular weight determination by conductometry and Infrared Spectroscopy (IR). Their curing kinetics was studied isothermally and by differential scanning calorimetry (DSC) on dynamic runs. The resin samples were cured using concentrated hydrochloric acid and hexamine individually. Cured resins were characterized by IR and Thermogravimetry (TGA). Glass fabric reinforced composites (GFRC) were fabricated by maintaining 40 : 60 proportion of resin to reinforcement material. The laminates thus formed were characterized for their mechanical properties and chemical resistance. Enhancements in thermal stability of the resin as well as toughness of composite with increase in casein content were observed for the resins studied.