Dodla Dairy Limited
NSE: DODLA · Dairy Products · sector
₹974.20NSE close 2026-10-26
Key numbers
Market cap₹5,877 cr
Price₹974.20
52w high / low₹1,370 / ₹924
P/E24.0xSector median 22.6x
P/B3.5xSector median 2.8x
Book value₹277.5
Dividend yield0.21%Sector median 0.34%
ROE15.9%Sector median 14.8%
ROCE15.1%Sector median 14.1%
OPM6.7%Sector median 4.2%
Debt / equity0.02xSector median 0.31x
EV/EBITDA18.5xSector median 14.3x
Interest cover71.5x
Current ratio2.44x
Sales growth 3y+13.6%Sector median +11.8%
Profit growth 3y+29.7%Sector median +29.7%
PEG0.82x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 15 companies in Dairy Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹563 cr vs borrowings ₹30 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 71.5x in the last 12 months.
- Operating cash flow was below net profit in 1 of the last 5 years (FY24).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 23% of net profit in the last 12 months.
- Dividend paid in 2 of the last 5 financial years.
- Price ₹974.20 on 2026-10-26: -28.9% from the 52-week high, +5.5% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹1,459.50 · low ₹974.20
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 998 | 901 | 910 | 1,007 | 1,019 | 1,025 | 1,074 | 1,198 |
| EBITDA | 96 | 96 | 84 | 83 | 93 | 74 | 57 | 65 |
| OPM % | 9.6% | 10.6% | 9.2% | 8.2% | 9.1% | 7.2% | 5.3% | 5.4% |
| Other income | 10 | 11 | 26 | 17 | 11 | 12 | 20 | 14 |
| Net profit | 63 | 64 | 68 | 63 | 66 | 69 | 70 | 41 |
| EPS (₹) | 10.54 | 10.54 | 11.27 | 10.42 | 10.89 | 11.39 | 11.56 | 6.74 |
| Revenue YoY | +2.1% | +13.7% | +18.1% | +19.0% | ||||
| Profit YoY | +3.6% | +8.1% | +2.6% | -35.4% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 2,243 | 2,812 | 3,125 | 3,720 | 4,125 | 4,316 |
| EBITDA | 211 | 191 | 289 | 381 | 306 | 288 |
| Net profit | 133 | 122 | 167 | 260 | 267 | 245 |
| EPS (₹) | 22.43 | 20.55 | 28.03 | 43.27 | 44.26 | 40.58 |
| Revenue growth | +25.3% | +11.1% | +19.0% | +10.9% | +13.1% | |
| Profit growth | -7.9% | +36.4% | +55.9% | +2.7% | -5.0% | |
| Dividend / share (₹) | – | – | – | 3.00 | 2.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +13.6% | +16.2% | +13.1% |
| Net profit | +29.7% | +16.2% | -5.0% |
| EPS | +29.1% | +14.5% | – |
| Share price | – | -11.1% (2y) | -23.4% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 972 | 1,139 | 1,406 | 1,674 |
| Borrowings | – | 22 | 46 | 42 | 30 |
| Cash & equivalents | – | 315 | 287 | 732 | 563 |
| Total assets | – | 1,251 | 1,478 | 1,731 | 2,096 |
| Fixed assets | – | 559 | 654 | 695 | 800 |
| Capital work in progress | – | 58 | 12 | 12 | 109 |
| Investments | – | 70 | 13 | 13 | 86 |
| Receivables | – | 9 | 11 | 12 | 14 |
| Inventory | – | 120 | 389 | 162 | 155 |
| Payables | – | 127 | 148 | 156 | 188 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 171 | 161 | -1 | 520 | 295 |
| Cash from investing | -138 | -214 | 30 | -528 | -286 |
| Cash from financing | -49 | 15 | -1 | -8 | -25 |
| Capex | 72 | 108 | 107 | 110 | 162 |
| Free cash flow | 99 | 52 | -107 | 410 | 133 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 12.6% | 14.6% | 18.5% | 15.9% |
| ROCE % | – | 15.4% | 20.8% | 24.8% | 16.7% |
| Debtor days | – | 1 | 1 | 1 | 1 |
| Inventory days | – | 20 | 62 | 22 | 18 |
| Payable days | – | 22 | 24 | 21 | 22 |
| Cash conversion cycle (days) | – | -1 | 39 | 2 | -3 |
| Working capital days | – | 34 | 52 | 66 | 40 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 58.92% |
| FIIs | 6.06% |
| DIIs | 26.09% |
| of which Mutual funds | 23.98% |
| of which Insurance | 0.20% |
| Public (non-institutions) | 8.94% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 59.69% | 59.69% | 59.69% | 58.92% | 58.92% | 58.92% | 58.92% | 58.92% |
| Promoter group | % |
|---|---|
| Dodla Family Trust | 24.08% |
| Dodla Sunil Reddy | 12.69% |
| Dodla Deepa Reddy | 10.78% |
| Mylktree Consultants LLP | 10.29% |
| Sesha Reddy Dodla | 0.92% |
| Bommi Surekha Reddy | 0.15% |
| Dodla Girija Reddy | 0.00% |
| Dodla Subba Reddy | 0.00% |
| Public holders above 1% | % |
|---|---|
| HDFC Small CAP Fund | 8.22% |
| SBI Small CAP Fund | 7.58% |
| DSP Small CAP Fund | 7.24% |
| Ellask Tracon Private Limited | 3.36% |
| Venkat Krishna Reddy Busireddy | 1.63% |
| Steinberg India Emerging Opportunities Fund Limited | 1.33% |
32,389 shareholders. Pledged: – of promoter shares.
Peers in Dairy Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| HATSUN | ₹21,917 cr | 59.7x | 11.1x | 19.2% | 18.6% | 10.8% | +11.2% | 0.61% |
| MILKYMIST | ₹18,340 cr | – | – | – | – | – | – | – |
| KWIL | ₹8,089 cr | – | 12.0x | -54.9% | -54.8% | -10.0% | – | – |
| DODLA | ₹5,877 cr | 24.0x | 3.5x | 15.9% | 15.1% | 6.7% | +13.6% | 0.21% |
| VADILALIND | ₹4,946 cr | 22.6x | 5.8x | 30.3% | 32.6% | 18.7% | +12.4% | 0.30% |
| HERITGFOOD | ₹3,193 cr | 27.7x | 2.8x | 10.5% | 12.1% | 5.1% | +11.8% | 0.73% |
| PARAGMILK | ₹3,056 cr | 23.2x | 2.4x | 11.3% | 13.1% | 6.7% | +9.7% | 0.39% |
| VADILENT | ₹817 cr | 15.1x | 24.7x | 49.3% | 28.8% | 3.0% | +9.4% | 0.02% |
| SCPL | ₹589 cr | 28.4x | 3.8x | 14.8% | 17.4% | 11.6% | – | – |
| MLKFOOD | ₹233 cr | 3.6x | 1.0x | 22.6% | 21.4% | 2.5% | -4.0% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-07 | Dividend | Dividend - Rs 5 Per Share |
| 2025-07-07 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2024-10-31 | Dividend | Interim Dividend - Rs 3 Per Share |
| 2024-06-25 | Other | Annual General Meeting |
| 2023-06-28 | Other | Annual General Meeting |
| 2022-06-21 | Other | Annual General Meeting |
| 2021-09-14 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacture of dairy products,Purchase of raw milk and sale of processed milk and dairy products: Collection of milk, manufacturing, distribution, sales and marketing of milk and dairy products
| Sector | Fast Moving Consumer Goods |
| Industry | Dairy Products |
| Sub-industry | Dairy Products |
| Symbol | DODLA |
| BSE code | 543306 |
| ISIN | INE021O01019 |
| Face value | ₹10.0 |
| Incorporated | 1995-05-15 |
| Website | www.dodladairy.com |
| Plants (India / abroad) | 14 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.