Dodla Dairy Ltd

Dodla Dairy Ltd

₹ 1,015 2.83%
28 Jun - close price
About

Incorporated in the year 1995, Dodla Dairy Limited is an integrated dairy company based in Telangana. The company derives the majority of its revenue from the sale of Milk and diary-based value added products in the branded consumer Market. Currently, its procurement is centered in 5 states and its products are available for purchase in 11 states. It has 94 milk chilling centers. Some of their plants are ISO 22000:2005 Certified while two are ISO 50001:2011 (EnMS) Certified.

Key Points

Integrated Dairy Company
Dodla Dairy Limited is an integrated dairy company based in South India. It is the 3rd largest player in terms of milk procurement in South India and has the 3rd highest market presence across 12 states in India. [1]

  • Market Cap 6,038 Cr.
  • Current Price 1,015
  • High / Low 1,084 / 579
  • Stock P/E 40.2
  • Book Value 174
  • Dividend Yield 0.00 %
  • ROCE 20.8 %
  • ROE 15.6 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: FMCG Industry: Food - Processing - Indian

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
506 488 536 532 540 657 643 618 665 763 715 701 728
475 443 478 488 501 624 592 577 640 718 652 624 666
Operating Profit 31 46 58 44 39 33 51 41 25 45 63 76 62
OPM % 6% 9% 11% 8% 7% 5% 8% 7% 4% 6% 9% 11% 9%
3 3 4 4 22 5 6 7 7 7 7 6 5
Interest 2 2 4 0 0 0 0 0 0 0 0 0 0
Depreciation 12 12 12 12 12 14 15 15 14 15 16 16 17
Profit before tax 20 34 45 36 48 23 42 33 18 36 53 66 50
Tax % 66% 31% 30% 30% -17% 26% 18% 16% 8% 25% 25% 25% 25%
7 24 32 25 56 17 34 28 16 27 40 49 38
EPS in Rs 1.18 3.99 5.36 4.19 9.42 2.84 5.75 4.64 2.73 4.55 6.72 8.30 6.30
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1,018 1,182 1,410 1,537 1,598 1,988 1,837 2,096 2,584 2,907
990 1,087 1,324 1,432 1,482 1,888 1,619 1,909 2,433 2,660
Operating Profit 29 95 86 105 116 99 218 187 151 247
OPM % 3% 8% 6% 7% 7% 5% 12% 9% 6% 8%
8 7 8 6 7 12 7 32 23 25
Interest 8 13 8 10 11 17 13 7 2 2
Depreciation 13 16 18 25 34 46 47 49 58 64
Profit before tax 16 74 68 75 79 48 165 163 115 206
Tax % 2% 52% 33% 33% 33% 41% 34% 16% 17% 25%
16 36 46 51 52 28 108 137 95 154
EPS in Rs 49.35 108.65 140.10 154.42 9.41 5.11 18.58 22.96 15.97 25.87
Dividend Payout % 0% 23% 0% 0% 0% 102% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 13%
3 Years: 17%
TTM: 12%
Compounded Profit Growth
10 Years: %
5 Years: 24%
3 Years: 11%
TTM: 62%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 21%
1 Year: 74%
Return on Equity
10 Years: %
5 Years: 15%
3 Years: 15%
Last Year: 16%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 3 3 3 3 56 56 58 59 59 59
Reserves 214 241 287 340 341 341 546 728 824 977
122 109 136 126 158 160 98 13 14 13
72 82 104 132 169 176 200 205 217 253
Total Liabilities 411 436 531 601 723 733 903 1,005 1,114 1,302
125 160 232 296 461 482 495 510 563 578
CWIP 5 36 30 15 11 8 8 4 30 12
Investments 85 95 109 109 67 55 104 228 309 238
197 145 159 181 185 187 296 263 211 474
Total Assets 411 436 531 601 723 733 903 1,005 1,114 1,302

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
131 59 83 118 103 217 145 140 -15
-96 -79 -61 -140 -45 -166 -129 -166 32
-37 19 -40 62 -26 11 -49 -3 -3
Net Cash Flow -2 -1 -18 39 33 61 -33 -29 13

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0 0 0 0 1 1 1 1 1 1
Inventory Days 62 36 27 39 36 26 24 26 18 60
Days Payable 16 14 16 18 21 16 23 21 20 21
Cash Conversion Cycle 46 22 11 22 15 11 2 5 -1 40
Working Capital Days 34 6 7 9 0 -5 -9 -7 -8 20
ROCE % 25% 19% 18% 17% 11% 28% 22% 13% 21%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
62.54% 62.54% 62.54% 62.54% 62.54% 62.21% 62.21% 62.21% 62.21% 62.21% 62.21% 62.21%
4.52% 6.98% 6.48% 4.40% 4.29% 13.04% 12.83% 12.83% 10.59% 10.92% 11.34% 11.36%
14.16% 14.82% 14.96% 16.84% 16.86% 14.42% 15.85% 16.06% 18.06% 16.99% 16.90% 17.62%
18.79% 15.67% 16.03% 16.22% 16.32% 10.34% 9.10% 8.91% 9.15% 9.89% 9.55% 8.82%
No. of Shareholders 62,53946,43243,14343,39042,72140,90439,39637,73834,45334,47932,35629,700

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents