Sharescart Research Club logo

Dodla Dairy Overview

Dodla Dairy Ltd, together with its subsidiaries, produces and sells milk and milk products in India and the world over. The organisation offers toned, standardized, full cream, ultrahigh temperature processed (UHT)-toned, and UHT-double toned milk; and milk products, along with butter milk/sweet lassi, ghee, paneer, curd, flavored milk, butter, doodh peda, ice cream, and milk based goodies. It also engages inside the processing, producing, retaining, canning, bottling, making, packing, re-packing, uploading, shopping for, promoting, deliver, an...Read More

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

Dodla Dairy Key Financials

Market Cap ₹6593 Cr.

Stock P/E 25.4

P/B 4.1

Current Price ₹1092.9

Book Value ₹ 265.2

Face Value 10

52W High ₹1522.9

Dividend Yield 0.46%

52W Low ₹ 955.2

Dodla Dairy Share Price

₹ | |

Volume
Price

Dodla Dairy Quarterly Price

Show Value Show %

Dodla Dairy Peer Comparison

Dodla Dairy Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 768 747 787 912 998 901 910 1007 1019 1025
Other Income 7 6 8 7 10 11 26 17 11 12
Total Income 774 753 795 919 1007 912 935 1024 1030 1037
Total Expenditure 698 664 712 806 901 805 826 924 926 946
Operating Profit 77 89 83 112 106 107 109 99 104 91
Interest 0 1 1 1 1 1 1 1 1 1
Depreciation 17 18 18 18 19 20 18 18 21 22
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 -6
Profit Before Tax 59 70 64 93 86 86 90 81 83 63
Provision for Tax 16 28 17 28 23 23 22 18 17 -6
Profit After Tax 44 41 47 65 63 64 68 63 66 69
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 44 41 47 65 63 64 68 63 66 69
Adjusted Earnings Per Share 7.3 6.9 7.9 10.9 10.5 10.5 11.3 10.4 10.9 11.4

Dodla Dairy Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 1025 1201 1440 1590 1692 2139 1944 2243 2812 3125 3720 3961
Other Income 8 8 8 7 8 7 7 15 23 27 53 66
Total Income 1033 1209 1448 1597 1700 2146 1951 2258 2835 3153 3773 4026
Total Expenditure 996 1106 1352 1479 1559 1998 1701 2033 2620 2836 3339 3622
Operating Profit 38 103 96 118 141 148 250 225 215 317 435 403
Interest 9 12 8 11 11 17 13 7 2 3 4 4
Depreciation 12 16 19 27 36 49 51 52 61 70 75 79
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 -6
Profit Before Tax 17 75 68 81 94 82 186 166 152 244 356 317
Provision for Tax 6 22 22 24 31 32 60 33 30 77 96 51
Profit After Tax 11 53 47 57 63 50 126 133 122 167 260 266
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 11 53 47 57 63 50 126 133 122 167 260 266
Adjusted Earnings Per Share 2 9.5 8.4 10.3 11.3 9 21.6 22.3 20.6 28 43.1 44

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 19% 18% 12% 14%
Operating Profit CAGR 37% 25% 24% 28%
PAT CAGR 56% 25% 39% 37%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -5% 31% NA% NA%
ROE Average 20% 17% 18% 17%
ROCE Average 28% 22% 24% 21%

Dodla Dairy Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 200 241 284 340 407 433 658 843 972 1139 1406
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 8 32 32 22 110 87 53 0 18 29 24
Other Non-Current Liabilities 13 14 20 29 35 56 67 58 46 48 52
Total Current Liabilities 184 148 190 209 191 216 195 188 215 262 249
Total Liabilities 405 435 526 601 743 793 972 1088 1251 1478 1731
Fixed Assets 137 180 256 321 492 539 549 566 624 713 750
Other Non-Current Assets 35 81 72 54 45 31 21 121 154 56 56
Total Current Assets 233 174 198 226 206 223 402 402 474 708 924
Total Assets 405 435 526 601 743 793 972 1088 1251 1478 1731

Dodla Dairy Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 43 -18 -24 -23 -43 5 69 124 110 75 103
Cash Flow from Operating Activities -52 123 61 86 134 166 245 171 161 -1 520
Cash Flow from Investing Activities -16 -93 -79 -66 -148 -77 -200 -138 -214 30 -528
Cash Flow from Financing Activities 8 -36 19 -40 62 -26 11 -49 15 -1 -8
Net Cash Inflow / Outflow -60 -6 1 -20 48 63 56 -16 -38 28 -16
Closing Cash & Cash Equivalent -18 -24 -23 -43 5 69 124 110 75 103 90

Dodla Dairy Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.03 9.49 8.36 10.26 11.32 8.96 21.6 22.32 20.55 28.03 43.09
CEPS(Rs) 4.17 12.35 11.78 15.08 17.71 17.79 30.3 31.12 30.85 39.8 55.46
DPS(Rs) 0 25 0 0 0 5.2 0 0 0 0 5
Book NAV/Share(Rs) 35.86 43.3 51.02 61.01 72.74 77.39 112.3 141.21 162.9 190.91 233.05
Core EBITDA Margin(%) 2.84 7.88 6.11 7.03 7.63 6.47 12.28 9.29 6.75 9.15 10.12
EBIT Margin(%) 2.51 7.22 5.31 5.76 6.06 4.52 10.06 7.63 5.42 7.8 9.55
Pre Tax Margin(%) 1.64 6.26 4.73 5.08 5.4 3.74 9.41 7.3 5.34 7.71 9.44
PAT Margin (%) 1.11 4.4 3.23 3.59 3.63 2.28 6.37 5.86 4.3 5.27 6.9
Cash Profit Margin (%) 2.26 5.73 4.55 5.28 5.69 4.53 8.93 8.16 6.46 7.49 8.88
ROA(%) 3.11 12.57 9.69 10.13 9.38 6.49 14.28 12.89 10.45 12.22 16.2
ROE(%) 5.8 23.97 17.72 18.3 16.92 11.93 23.2 17.77 13.52 15.84 20.45
ROCE(%) 8.69 25.63 19.85 20.68 20.39 17.22 29.96 21.79 16.8 22.85 27.65
Receivable days 0.4 0.55 0.44 0.58 1.15 1.21 1.12 0.78 0.86 1.11 1.11
Inventory Days 33.95 35.39 22.26 25.16 27.26 20.45 19.95 17.47 15.47 29.37 26.68
Payable days 16.82 17.95 16.02 17.8 20.26 17.2 22.25 21.25 19.59 22.01 20.55
PER(x) 0 0 0 0 0 0 0 20.07 22.59 28.61 26.85
Price/Book(x) 0 0 0 0 0 0 0 3.17 2.85 4.2 4.96
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0.43
EV/Net Sales(x) 0.11 0.08 0.09 0.07 0.11 0.06 -0.04 1.13 0.94 1.5 1.86
EV/Core EBITDA(x) 2.95 0.98 1.34 0.97 1.36 0.93 -0.32 11.25 12.34 14.83 15.89
Net Sales Growth(%) 21.73 17.17 19.91 10.45 6.36 26.46 -9.13 15.4 25.35 11.15 19.02
EBIT Growth(%) -40.47 236.96 -11.75 19.75 14.68 -5.84 101.29 -13.08 -11 60.2 45.94
PAT Growth(%) -55.3 366.38 -11.92 22.67 10.37 -20.84 152.59 5.43 -7.93 36.35 55.89
EPS Growth(%) -55.3 366.38 -11.92 22.74 10.32 -20.84 141.1 3.36 -7.93 36.35 53.74
Debt/Equity(x) 0.63 0.45 0.48 0.37 0.39 0.35 0.13 0 0.02 0.03 0.02
Current Ratio(x) 1.26 1.18 1.04 1.08 1.08 1.03 2.07 2.14 2.2 2.7 3.71
Quick Ratio(x) 0.49 0.57 0.59 0.44 0.43 0.47 1.57 1.49 1.64 1.22 3.06
Interest Cover(x) 2.9 7.52 9.09 8.48 9.25 5.81 15.53 23.24 72.22 85.89 85.61
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0.01 0.01 0

Dodla Dairy Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 62.21 62.21 60.53 59.69 59.69 59.69 59.69 58.92 58.92 58.92
FII 9.1 9.14 10.85 11.58 11.03 10.41 10.03 8.91 7.36 6.43
DII 19.13 19.84 19.06 17.97 18.83 19.15 19.21 21.5 23.76 25.34
Public 9.56 8.81 9.56 10.77 10.45 10.75 11.07 10.67 9.97 9.31
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Dodla Dairy News

Dodla Dairy Pros & Cons

Pros

  • Company has delivered good profit growth of 39% CAGR over last 5 years
  • Debtor days have improved from 22.01 to 20.55days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 4.1 times its book value.
whatsapp