Dodla Dairy Limited — PPTs, 03-11-2025: Investor Presentation

Dodla Dairy reported Q2 FY26 revenue of ₹1,018.8 Cr, a 2.1% YoY increase, with PAT growing 3.6% to ₹65.7 Cr. Gross margin expanded over 200 bps to 27.7% due to a favorable shift towards high-margin Value-Added Products (VAPs) like curd, ghee, and ice cream, offsetting lower bulk sales. Milk procurement and sales volumes grew 13.4% and 12.6% respectively.

This quarter's results include two months' contribution from the recently acquired OSAM Dairy business, expanding Dodla's presence in East India. Africa and Orgafeed segments showed robust revenue growth, though Kenya's strategic pricing temporarily impacted Africa's margins. The company has maintained a strong two-year CAGR with revenue and EBITDA over 15%, and PAT over 22%, showcasing effective business strategies. Management is focused on consistent growth, brand building, increasing procurement, portfolio expansion, and market reach, aiming to enhance VAP share, supported by festive demand and GST benefits.