Established in 1995, Dodla Dairy Limited is a pivotal player in India’s dairy sector, renowned for its quality and innovation. With operations spanning five states and products available in eleven, Dodla Dairy’s reach extends far beyond Telangana, where it originated. Boasting 94 chilling centers and ISO certifications, the company ensures top-notch quality in its offerings.
In India, where dairy consumption is deeply ingrained in daily life, Dodla Dairy’s role is significant. Globally, the dairy industry remains essential, catering to diverse consumer preferences. However, predicting Dodla’s attainment of a 10k price target involves navigating complex market dynamics and operational nuances. While optimism surrounds its growth trajectory, achieving such a milestone depends on various factors like market demand, competitive landscape, and regulatory conditions.
About Dodla Dairy
Dodla Dairy Limited, founded in 1995, is a leading dairy company based in Telangana, India. Specializing in milk and value-added dairy products, Dodla Dairy has become a household name across 12 states in India, thanks to its commitment to quality and innovation. With a strong focus on sustainability and community engagement, Dodla Dairy procures milk from over 1.2 lakh farmers across 8,000+ villages through a vast network of 7,700+ Village Level Collection Centers (VLCCs). The company’s extensive distribution network includes 38+ sales offices, 2,700+ distribution agents, and 1,300+ milk product distributors, ensuring its products reach consumers far and wide.
Dodla Dairy’s international presence in Singapore, Kenya, and Uganda underscores its global ambitions. With a portfolio of strong brands like “Dodla” and “KC+,” the company caters to diverse consumer preferences, offering products ranging from curd to ice creams. As a testament to its growth trajectory, Dodla Dairy recently went public with an IPO, signaling its commitment to expansion and innovation in the dairy industry.
Recent News Around Dodla Dairy
- Farmers receive direct payments to their bank accounts every 10 to 15 days, covering around 90% of total payments as of Q3 FY24.
- Dodla Dairy utilizes VLCCs equipped with GPRS-enabled Electronic milk analyzers & Weigh scales to ensure milk quality and quantity testing.
- The company established Orgafeed Private Limited to supply cattle feed to farmers through its procurement network, adjusting payments against raw milk value.
- It conducts training camps to educate farmers on preventing common cattle ailments and facilitates loan sanctions from regional banks for cattle investment.
Dodla Dairy Q3 Fy2024 Key Points And Summary:
- Dodla Dairy achieved a record-high milk procurement of 17.5 LLPD, marking a remarkable 36.7% YoY increase.
- Revenues surged by 12.0% YoY to INR 23,380 Mn in 9MFY24, showcasing consistent growth momentum.
- Sales of Value Added Products (VAP) and Fat & Fat products witnessed a robust 15.1% YoY increase.
- VAP sales expanded to constitute 28.0% of overall revenues, reflecting sustained growth and market penetration.
- Curd sales demonstrated notable growth, rising by 6.4% YoY to reach 346.6 MTPD during the period.
- Dodla Dairy’s sales growth is attributed to its robust distribution network and strong brand reputation in the market.
- Procurement capabilities were strengthened significantly, achieving the highest-ever LLPD.
- Overall, Dodla Dairy’s performance underscores strategic initiatives aimed at expanding market presence and driving growth in the dairy industry
Dodla Dairy Share Price Target 2024 To 2030
Dodla Dairy Share Price Target 2024
| Month | Maximum Price (₹) | Minimum Price (₹) |
|---|---|---|
| April | ₹1,005.48 | ₹874.33 |
| May | ₹990.62 | ₹861.41 |
| June | ₹1,026.28 | ₹892.42 |
| July | ₹1,016.02 | ₹883.49 |
| August | ₹1,056.66 | ₹918.83 |
| September | ₹1,098.92 | ₹955.59 |
| October | ₹1,077.38 | ₹936.85 |
| November | ₹1,109.70 | ₹964.95 |
| December | ₹1,137.44 | ₹989.08 |
In 2024, Dodla Dairy’s share price is expected to show a positive trajectory, with a consistent increase in both maximum and minimum prices throughout the year. The maximum price is anticipated to climb steadily from ₹1,005.48 in April to ₹1,137.44 in December, reflecting a bullish trend. Similarly, the minimum price is forecasted to rise from ₹874.33 in April to ₹989.08 in December. Investors can expect the share price to exhibit resilience and potential for growth, with the expected price reaching higher levels by the end of the year.
Dodla Dairy Share Price Target 2025
| when | Maximum Price | Minimum Price |
| January 2025 | ₹1,160.19 | ₹892.45 |
| February 2025 | ₹1,189.94 | ₹915.34 |
| March 2025 | ₹1,236.35 | ₹951.03 |
| April 2025 | ₹1,212.10 | ₹932.39 |
| May 2025 | ₹1,176.80 | ₹905.23 |
| June 2025 | ₹1,229.76 | ₹945.97 |
| July 2025 | ₹1,205.64 | ₹927.42 |
| August 2025 | ₹1,242.93 | ₹956.10 |
| September 2025 | ₹1,286.43 | ₹989.56 |
| October 2025 | ₹1,319.88 | ₹1,015.29 |
| November 2025 | ₹1,352.88 | ₹1,040.67 |
| December 2025 | ₹1,386.70 | ₹1,066.69 |
In 2025, Dodla Dairy’s share price is expected to continue its upward trend, reaching higher maximum and minimum prices each month. The maximum price is projected to increase steadily from ₹1,160.19 in January to ₹1,386.70 in December. Similarly, the minimum price is anticipated to rise from ₹892.45 in January to ₹1,066.69 in December. This upward trajectory suggests a positive outlook for investors, with the share price expected to demonstrate resilience and potential for growth throughout the year. Investors can anticipate favorable returns and sustained momentum in Dodla Dairy’s share price performance in 2025.
Dodla Dairy Share Price Target 2026 To 2030
| Year | Maximum Price (₹) | Minimum Price (₹) |
|---|---|---|
| 2026 | ₹1,456.03 | ₹1,019.22 |
| 2027 | ₹1,601.64 | ₹1,121.15 |
| 2028 | ₹2,242.29 | ₹1,121.15 |
| 2029 | ₹1,941.38 | ₹970.69 |
| 2030 | ₹2,523.79 | ₹1,766.65 |
In the coming years from 2026 to 2030, Dodla Dairy’s share price is expected to demonstrate robust growth, with both maximum and minimum prices increasing steadily. The maximum price is forecasted to surge from ₹1,456.03 in 2026 to ₹2,523.79 in 2030, indicating significant potential for appreciation. Similarly, the minimum price is projected to rise from ₹1,019.22 in 2026 to ₹1,766.65 in 2030. This upward trajectory suggests a positive outlook for investors, reflecting confidence in Dodla Dairy’s business prospects and its ability to deliver sustained value to shareholders over the long term.
Dodla Dairy’s Financial Condition (Last 5 Years)
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
| Sales + | 1,692 | 2,139 | 1,944 | 2,243 | 2,812 | 3,062 |
| Expenses + | 1,556 | 1,996 | 1,700 | 2,031 | 2,619 | 2,815 |
| Operating Profit | 135 | 143 | 244 | 212 | 193 | 247 |
| OPM % | 8% | 7% | 13% | 9% | 7% | 8% |
| Other Income + | 7 | 5 | 6 | 13 | 22 | 26 |
| Interest | 12 | 17 | 13 | 7 | 2 | 2 |
| Depreciation | 37 | 49 | 51 | 52 | 61 | 66 |
| Profit before tax | 93 | 82 | 186 | 166 | 152 | 205 |
| Tax % | 33% | 39% | 32% | 20% | 19% | |
| Net Profit + | 63 | 50 | 126 | 133 | 122 | 142 |
| EPS in Rs | 11 | 9 | 22 | 22 | 21 | 24 |
| Dividend Payout % | 0% | 58% | 0% | 0% | 0% |
Over the past five years, Dodla Dairy has shown a generally positive trend in its financial performance, as evidenced by its sales, operating profit, and net profit figures.
Sales have seen a consistent increase, rising from ₹1,692 crore in March 2019 to ₹3,062 crore in the trailing twelve months (TTM) ending March 2023. This growth reflects the company’s ability to expand its market presence and capture a larger share of the dairy products market.
Operating profit, although fluctuating slightly, has shown an overall upward trend. It increased from ₹135 crore in March 2019 to ₹247 crore in the TTM ending March 2023. Despite facing challenges such as rising expenses and fluctuations in input costs, Dodla Dairy has managed to maintain a healthy operating profit margin (OPM) ranging from 7% to 13%.
Net profit has also exhibited growth over the years, with fluctuations mainly attributed to changes in tax rates and operating expenses. From ₹63 crore in March 2019, net profit rose to ₹142 crore in the TTM ending March 2023. The company’s ability to effectively manage its expenses and optimize its operations has contributed to this positive trend.
However, it’s essential to note some areas of concern, such as the increasing depreciation expenses, which have risen from ₹37 crore in March 2019 to ₹66 crore in the TTM ending March 2023. Additionally, the fluctuating dividend payout percentage indicates a lack of consistent dividend distribution, which may impact investor sentiment.
Overall, Dodla Dairy’s financial performance over the past five years reflects its resilience and growth potential in the dairy industry. As it continues to expand its operations and product offerings, investors may anticipate further improvements in its financial metrics, albeit with some fluctuations inherent in the industry.
FAQS
- What is Dodla Dairy Ltd’s current market capitalization?
- Dodla Dairy Ltd’s current market capitalization is ₹5,406 crore.
- What is the current price of Dodla Dairy Ltd’s stock?
- The current price of Dodla Dairy Ltd’s stock is ₹909.
- What is the highest and lowest price the stock has traded at?
- The highest price the stock has traded at is ₹1,084, while the lowest price is ₹475.
- What is the stock’s Price/Earnings (P/E) ratio?
- The stock’s Price/Earnings (P/E) ratio is 38.0.
- What is the book value per share of Dodla Dairy Ltd?
- The book value per share of Dodla Dairy Ltd is ₹177.
- What is Dodla Dairy Ltd’s dividend yield?
- Dodla Dairy Ltd’s dividend yield is 0.00%.
- What are Dodla Dairy Ltd’s Return on Capital Employed (ROCE) and Return on Equity (ROE)?
- Dodla Dairy Ltd’s Return on Capital Employed (ROCE) is 16.2%, and its Return on Equity (ROE) is 13.2%.
Should one invest in Dodla Dairy?
Dodla Dairy Ltd, incorporated in 1995, is a prominent integrated dairy company headquartered in Telangana, India. It primarily focuses on the sale of milk and dairy-based value-added products in the branded consumer market. The company operates across multiple states, with its procurement activities concentrated in five states and its products available for purchase in eleven states. With 94 milk chilling centers and several ISO certifications, Dodla Dairy has established itself as a reliable player in the dairy industry.
In terms of financial performance, Dodla Dairy has shown steady growth over the past few years. Its sales have exhibited a compounded annual growth rate (CAGR) of 14% over the trailing twelve months (TTM), reaching ₹3,062 crores. The company has maintained a healthy operating profit margin (OPM) of around 8% in the same period, indicating efficient cost management.
Despite its robust financials, Dodla Dairy faces certain challenges. While the company has been consistently profitable, it has not distributed dividends, which may affect investor sentiment. Additionally, its stock price has experienced volatility, with a high/low range of ₹1,084 to ₹475, reflecting fluctuations in market demand and investor sentiment.
In terms of market capitalization, Dodla Dairy currently stands at ₹5,406 crores, with a stock price of ₹909. The company’s price-to-earnings (P/E) ratio is relatively high at 38.0, indicating investor optimism about its future earnings potential. However, its dividend yield is at 0.00%, which might deter income-seeking investors.
Looking ahead, Dodla Dairy’s growth prospects seem promising, driven by its expansion plans and focus on value-added products. However, it needs to address investor concerns regarding dividend distribution and navigate market volatility effectively to sustain its upward trajectory in the dairy industry.
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