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Dodla Dairy Earnings Call: Key Takeaways

Dodla Dairy achieved record FY26 revenue of ₹41,252 Mn (up 11% YoY), though margins were pressured by elevated procurement costs. Strategy focuses on value-added product expansion and greenfield plants in Maharashtra and Uganda.

Highlights
Revenue growthFY26: 11% YoY; Q4FY26: 18.1% YoY.
MarginsEBITDA margin 7.5% (FY26) vs 10.2% (FY25) due to high input costs.
Demand visibilityStrong volume-driven growth; VAP demand seasonally impacted by rainfall.
Management confidenceHigh; focusing on long-term expansion and Eastern India growth.

Growth

FY26 Revenue grew 11% YoY to ₹41.3 Bn; PAT rose 2.7% YoY to ₹2.67 Bn. Q4FY26 revenue surged 18.1% YoY.

Outlook

Planned capex of ₹5,900 Mn+ through FY28, including 10 LLPD Maharashtra plant and Uganda greenfield project.

Risks

Constrained milk supply and rising procurement prices outpaced realization, leading to margin compression in FY26.

Source

Earnings Call filed with NSE, NSE: DODLA. Summary written with AI assistance from the document.

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Dodla Dairy Ltd: key numbers

Share price
₹1,039.40
Market cap
₹6,270 Cr
Revenue (annual)
₹4,125 Cr
Net profit (annual)
₹267.0 Cr
P/E (TTM)
25.6×Sector 43.4×
Promoter holding
58.92%+0.00% QoQ
FII holding
6.08%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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