Dodla Dairy Ltd
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.
- Market Cap ₹ 4,778 Cr.
- Current Price ₹ 803
- High / Low ₹ 1,084 / 445
- Stock P/E 36.0
- Book Value ₹ 160
- Dividend Yield 0.00 %
- ROCE 13.4 %
- ROE 11.1 %
- 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 company has delivered a poor sales growth of 11.0% over past five years.
* 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
1,018 | 1,182 | 1,410 | 1,537 | 1,598 | 1,988 | 1,837 | 2,096 | 2,584 | 2,844 | |
990 | 1,087 | 1,324 | 1,432 | 1,482 | 1,888 | 1,619 | 1,909 | 2,433 | 2,635 | |
Operating Profit | 29 | 95 | 86 | 105 | 116 | 99 | 218 | 187 | 151 | 209 |
OPM % | 3% | 8% | 6% | 7% | 7% | 5% | 12% | 9% | 6% | 7% |
8 | 7 | 8 | 6 | 7 | 12 | 7 | 32 | 23 | 27 | |
Interest | 8 | 13 | 8 | 10 | 11 | 17 | 13 | 7 | 2 | 1 |
Depreciation | 13 | 16 | 18 | 25 | 34 | 46 | 47 | 49 | 58 | 62 |
Profit before tax | 16 | 74 | 68 | 75 | 79 | 48 | 165 | 163 | 115 | 173 |
Tax % | 2% | 52% | 33% | 33% | 33% | 41% | 34% | 16% | 17% | |
16 | 36 | 46 | 51 | 52 | 28 | 108 | 137 | 95 | 133 | |
EPS in Rs | 49.35 | 108.65 | 140.10 | 154.42 | 9.41 | 5.11 | 18.58 | 22.96 | 15.97 | 22.30 |
Dividend Payout % | 0% | 23% | 0% | 0% | 0% | 102% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 9% |
TTM: | 16% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 50% |
TTM: | -2% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 78% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 17% |
Last Year: | 11% |
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 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3 | 3 | 3 | 3 | 56 | 56 | 58 | 59 | 59 | 59 |
Reserves | 214 | 241 | 287 | 340 | 341 | 341 | 546 | 728 | 824 | 890 |
122 | 109 | 136 | 126 | 158 | 160 | 98 | 13 | 14 | 14 | |
72 | 82 | 104 | 132 | 169 | 176 | 200 | 205 | 217 | 249 | |
Total Liabilities | 411 | 436 | 531 | 601 | 723 | 733 | 903 | 1,005 | 1,114 | 1,212 |
125 | 160 | 232 | 296 | 461 | 482 | 495 | 510 | 563 | 581 | |
CWIP | 5 | 36 | 30 | 15 | 11 | 8 | 8 | 4 | 30 | 7 |
Investments | 85 | 95 | 109 | 109 | 67 | 55 | 104 | 228 | 309 | 310 |
197 | 145 | 159 | 181 | 185 | 187 | 296 | 263 | 211 | 314 | |
Total Assets | 411 | 436 | 531 | 601 | 723 | 733 | 903 | 1,005 | 1,114 | 1,212 |
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 | |
---|---|---|---|---|---|---|---|---|---|
131 | 59 | 83 | 118 | 103 | 217 | 145 | 140 | ||
-96 | -79 | -61 | -140 | -45 | -166 | -129 | -166 | ||
-37 | 19 | -40 | 62 | -26 | 11 | -49 | -3 | ||
Net Cash Flow | -2 | -1 | -18 | 39 | 33 | 61 | -33 | -29 |
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 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
Inventory Days | 62 | 36 | 27 | 39 | 36 | 26 | 24 | 26 | 18 |
Days Payable | 16 | 14 | 16 | 18 | 21 | 16 | 23 | 21 | 20 |
Cash Conversion Cycle | 46 | 22 | 11 | 22 | 15 | 11 | 2 | 5 | -1 |
Working Capital Days | 34 | 6 | 7 | 9 | 0 | -5 | -9 | -7 | -8 |
ROCE % | 25% | 19% | 18% | 17% | 11% | 28% | 22% | 13% |
Documents
Announcements
- Closure of Trading Window 2d
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
19 Mar - Of Schedule of Analyst / Institutional Investor Meeting scheduled on 22 March 2024 with Kotak Securities Limited.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
13 Mar - Of Schedule of Analyst / Institutional Investor Meeting scheduled on 18 March 2024 with Investec
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
28 Feb - Of Schedule of Analyst / Institutional Investor Meeting scheduled on 05 March 2024 with SBI Capital Securities
- Intimation Of Contact Details Of Key Managerial Personnel Authorized For The Purpose Of Determining Materiality Of An Event Or Information And For The Purpose Of Making Disclosure To The Stock Exchanges. 12 Feb
Annual reports
Concalls
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Feb 2024Transcript PPT
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Oct 2023Transcript PPT
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Jul 2023Transcript PPT
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May 2023Transcript PPT
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Jan 2023Transcript PPT
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Oct 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Jan 2022TranscriptNotesPPT
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Oct 2021Transcript PPT
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Aug 2021TranscriptPPT
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Jul 2021Transcript PPT
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]