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Earnings Call

Dodla Dairy Earnings Call: Key Takeaways

Dodla Dairy delivered record Q4 revenue but faced significant margin pressure due to spike in milk procurement costs. One-time tax credits and interest refunds heavily inflated the reported net profit.

Why this was an Alfa AlertNot a filter event. Reported PAT was inflated by one-time tax items; organic margins remained under pressure.
Highlights
Revenue growth18.1% YoY in Q4; FY26 revenue hit record ₹4,125 crores.
MarginsQ4 EBITDA margin squeezed to 5% by high procurement costs.
Demand visibilityStrong summer demand for curd, buttermilk, and ice cream.
Management confidenceCautiously optimistic; focusing on procurement normalization and Africa scaling.

Growth

Revenue grew 18% YoY in Q4, driven by volume expansion and strong performance in Africa and Orgafeed.

Outlook

Targeting 15-18% revenue share from Africa and ₹280cr total Maharashtra capex by FY27.

Risks

Elevated procurement costs and inability to fully pass price hikes to consumers threaten core margins.

Source

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

Read the document ↗

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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