Dodla Dairy Ltd

DSP Trustee Private Limited, acting on behalf of various DSP Mutual Fund schemes, has disclosed an increase in its shareholding in Dodla Dairy Limited. The DSP Small Cap Fund acquired 3,12,168 shares on July 31, 2026, raising its total stake to 7.16% of the company's paid-up capital. This acquisition triggers the disclosure requirement under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, as the change exceeds 2% since the last reported holding.

Dodla Dairy Ltd's Board of Directors convened on July 25, 2026, approving the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also announced the approval of a proposal to acquire a 2% stake in Sids Farm Private Limited, subject to fulfillment of certain conditions. The statutory auditors, S.R.Batliboi & Associates LLP, have issued unmodified limited review reports on the financial results. The board meeting commenced at 8:55 a.m. and concluded at 10:30 a.m.

Dodla Dairy Limited announced its unaudited financial results for Q1 FY27, reporting its highest-ever quarterly revenue of ₹1,197.9 Cr, a 19.0% increase year-on-year. The company also achieved its highest-ever milk procurement volume of 21.1 LLPD, up 13.0% YoY, and highest-ever Value-Added Product (VAP) sales of ₹414.7 Cr, contributing 34.6% of total sales. Despite strong revenue growth, EBITDA and PAT saw a decline YoY due to elevated milk procurement prices and increased operational costs, including packing materials and employee expenses. The Africa business showed robust growth of 45.6% YoY. Additionally, Dodla Dairy approved a ₹11.6 crore investment for a 2% stake in Sids Farm Private Limited, a premium dairy brand.

Dodla Dairy Ltd's Board of Directors met on July 25, 2026, to approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also approved the acquisition of a 2% stake in Sids Farm Private Limited, subject to fulfillment of certain conditions. Limited Review Reports from S.R.Batliboi & Associates LLP were also noted.

Dodla Dairy's Q1 FY27 consolidated revenue rose 19.0% YoY to ₹1,197.94 Cr, but net profit fell 35.4% to ₹40.64 Cr (and 41.7% sequentially from ₹69.73 Cr), with net margin compressing to 3.4% from 6.1% a year ago. There were no exceptional items on either side, so raw and adjusted YoY profit growth are identical — the decline is entirely operational. The headline topline is also flattered by consolidation of HR Food Processing (effective Aug 2025), which management itself flags renders the YoY numbers non-comparable; standalone revenue grew just 6.1% to ₹955.66 Cr. The squeeze sits squarely on the raw-material line: consolidated cost of materials consumed jumped ~32% YoY to ₹940.61 Cr, far outpacing the 19% revenue rise, reflecting elevated milk procurement prices. The pain is starkest in the core standalone India business, where PAT collapsed 65% YoY to ₹21.75 Cr; overseas subsidiaries (₹210.28 Cr revenue, ₹18.23 Cr net profit) plus HR Food cushioned the group figure. That leaves a ~30-point gap between standalone (-65%) and consolidated (-35%) profit trends — readers should note the consolidated print understates how hard domestic dairy was hit. On the Q4 FY26 concall management guided to low-to-mid-teens FY27 revenue growth with a 50-100 bps gross-margin recovery as procurement costs normalized. Q1 delivers the topline (reported +19%, though inorganic; standalone +6% at the low end of the 8-9% organic India target) but decisively misses on margins — procurement costs rose rather than eased, directly contradicting the recovery thesis. No published street consensus for the quarter was found. Alongside results the board approved a ~2% minority stake in premium antibiotic-free D2C brand Sids Farm (FY26 turnover ₹240 Cr) for ₹11.65 Cr cash from internal accruals — immaterial to financials but consistent with the stated 'selective acquisitions' stance and a foothold in premium/D2C dairy. The earnings call is set for 27 July 2026.

Dodla Dairy Ltd has announced that its Board of Directors will convene on July 25, 2026. The primary agenda for this meeting is to consider and approve the unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. The company has also informed about the continuation of the trading window closure for designated persons and their relatives until 48 hours after the declaration of these financial results. This meeting is being held in compliance with SEBI (LODR) Regulations, 2015.

Dodla Dairy Ltd has announced the closure of its trading window for dealing in the company's equity shares. This restriction applies to promoters, promoter group, directors, designated persons, their immediate relatives, and connected persons. The window will be closed from July 1, 2026, until 48 hours after the declaration of the financial results for the quarter ending June 30, 2026. The specific date for the board meeting to approve these financial results will be communicated separately. This measure is in compliance with SEBI's Prohibition of Insider Trading Regulations, 2015.

Dodla Dairy Ltd has issued a notice for its 31st Annual General Meeting (AGM) scheduled for Tuesday, July 14, 2026, at 11:00 AM IST. The meeting will be conducted virtually via Video Conferencing (VC) or Other Audio Visual Means (OAVM). The company is submitting its Annual Report for the financial year 2025-26, which includes the AGM notice, electronically to members who have registered their email addresses. For members whose email addresses are not registered, a letter with a weblink to access the Annual Report on the company's website will be sent. The Annual Report, covering the period April 1, 2025, to March 31, 2026, adheres to SEBI Listing Obligations, the Companies Act, 2013, and Integrated Reporting Frameworks. It includes financial and non-financial information across all operating segments.

Dodla Dairy Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, as required by SEBI regulations. The report, which forms part of the Annual Report, details the company's corporate identity, business activities, operational footprint, and employee statistics. The company operates on a standalone basis and its primary business activity is the manufacture and sale of dairy products, accounting for 100% of its turnover. Dodla Dairy serves 13 states in India and one international market, with exports contributing a minimal 0.03% to its turnover. The report also provides data on its workforce, including permanent and other than permanent employees and workers, as well as details on differently-abled personnel and the representation of women in leadership positions.

Dodla Dairy Ltd has announced its Annual Report for the Financial Year 2025-26, along with the notice for its 31st Annual General Meeting (AGM). The AGM is scheduled for Tuesday, July 14, 2026, at 11:00 AM IST and will be conducted through Video Conferencing (VC)/ Other Audio Visual Means (OAVM). The company is submitting the Annual Report, which includes the AGM notice, electronically to members who have registered their email addresses. For others, a letter with a weblink to access the report on the company's website will be sent. The report adheres to SEBI regulations, the Companies Act, 2013, and Integrated Reporting Framework.