StockWatch
·
Filing
Q3

Dodla Dairy Ltd

DODLAFY2530 Jan 2025
Revenue-9.7%
Net Profit+0.3%
OPM6.09%

P&L

Quarterly Consolidated

Revenue
-9.7%901.22
Expenditure
-10.3%825.80
Net Profit
+0.3%63.56
NPM 6.97%+10.8%EPS ₹10.54+0.0%

vs Q2 FY25

Dodla Dairy Ltd. Reports Q3 FY25 Results: Healthy Quarterly Operating Revenues at ¥ 9,012 Mn; up by 20.7% YoY

30 Jan 2025 · 30 Jan 2025, 06:18 pm

Summary

Dodla Dairy Ltd., one of India's leading integrated dairy companies, has announced its unaudited results for the quarter ended 31st December 2024. The company reported a 20.7% YoY growth in operating revenues, reaching ¥ 9,012 Mn. Value-Added Product sales saw a significant increase of 50.9% YoY, amounting to ¥ 2,812 Mn. The EBITDA margin stood at 10.6%. The board of directors approved a capex of Rs. 280 Mn for expanding the manufacturing footprint in Maharashtra.

Key Highlights

  1. 1

    20.7% YoY growth in operating revenues

  2. 2

    50.9% YoY increase in Value-Added Product sales

  3. 3

    10.6% EBITDA margin

  4. 4

    Approval of capex of Rs. 280 Mn for expansion in Maharashtra

  5. 5

    Highest-ever nine-month performance with revenues of Rs. 28,104 Mn (20% YoY growth), EBITDA of Rs. 2,973 Mn (11% margin), and PAT of Rs. 1,920 Mn (7% margin)

Management Comments

M

Mr. Dodla Sunil Reddy

I am delighted to share with you that the company reported its highest-ever nine-month performance during the period with revenues of Rs. 28,104 Mn (20% YoY growth), EBITDA of Rs. 2,973 Mn (11% margin), and PAT of Rs. 1,920 Mn (7% margin). Based on our strong relations with the farmers, procurement remained stable at 17.1 LLPD. The performance of our Indian dairy operations was well complemented by the performance of Africa and Orgafeed businesses, both of which delivered healthy growth rates on the back of higher capacity utilisation levels. With our eyes on growth, the company is keen on expanding its manufacturing footprint in the state of Maharashtra, and the Board of Directors has approved capex of Rs. 280 crores for the same. Owing to our strong balance sheet position, we will be able to fund this capex with a combination of internal accruals and debt.”

Informational and educational content only. Not investment advice.