Prep the Mixture: In a mixing bowl, combine the condensed milk, milk, eggs, chocolate powder, sugar, and water. Whisk until smooth and well blended.
Cook the Mixture: Pour the mixture into a saucepan and place it over medium heat. Stir continuously to prevent lumps from forming.
Thicken the Pudding: Keep stirring until the mixture thickens to a pudding-like consistency. This usually takes around 5-10 minutes.
Cool Down: Once thickened, remove from heat and allow it to cool slightly before pouring it into serving dishes.
Chill: Place the dishes in the refrigerator and let the pudding chill for at least 2 hours to achieve that perfect set.
Voila! Your chocolate pudding is ready to be enjoyed!