Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Dodla Dairy Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 665 | 763 | 715 | 701 | 728 | 828 | 903 | 803 | 808 | 901 | 855 | 822 | 845 |
| Expenses + | 640 | 718 | 652 | 624 | 666 | 745 | 817 | 720 | 741 | 839 | 778 | 765 | 816 |
| Operating Profit | 25 | 45 | 63 | 76 | 62 | 83 | 87 | 83 | 67 | 62 | 77 | 57 | 29 |
| OPM % | 4% | 6% | 9% | 11% | 9% | 10% | 10% | 10% | 8% | 7% | 9% | 7% | 3% |
| Other Income + | 7 | 7 | 7 | 6 | 5 | 7 | 10 | 30 | 24 | 29 | 11 | 6 | 22 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 14 | 15 | 16 | 16 | 17 | 16 | 16 | 16 | 16 | 15 | 15 | 16 | 16 |
| Profit before tax | 18 | 36 | 53 | 66 | 50 | 73 | 80 | 96 | 76 | 75 | 72 | 47 | 35 |
| Tax % | 8% | 25% | 25% | 25% | 25% | 26% | 26% | 20% | 25% | 17% | 26% | -21% | -57% |
| Net Profit + | 16 | 27 | 40 | 49 | 38 | 54 | 59 | 77 | 57 | 62 | 54 | 57 | 55 |
| EPS in Rs | 2.73 | 4.55 | 6.72 | 8.30 | 6.30 | 9.11 | 9.85 | 12.70 | 9.40 | 10.34 | 8.91 | 9.42 | 9.19 |
Financials of Dodla Dairy Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,018 | 1,182 | 1,410 | 1,537 | 1,598 | 1,988 | 1,837 | 2,096 | 2,584 | 2,907 | 3,342 | 3,422 |
| Expenses + | 990 | 1,087 | 1,324 | 1,432 | 1,482 | 1,888 | 1,619 | 1,909 | 2,433 | 2,660 | 3,022 | 3,197 |
| Operating Profit | 29 | 95 | 86 | 105 | 116 | 99 | 218 | 187 | 151 | 247 | 320 | 224 |
| OPM % | 3% | 8% | 6% | 7% | 7% | 5% | 12% | 9% | 6% | 8% | 10% | 7% |
| Other Income + | 8 | 7 | 8 | 6 | 7 | 12 | 7 | 32 | 23 | 25 | 70 | 69 |
| Interest | 8 | 13 | 8 | 10 | 11 | 17 | 13 | 7 | 2 | 2 | 1 | 1 |
| Depreciation | 13 | 16 | 18 | 25 | 34 | 46 | 47 | 49 | 58 | 64 | 64 | 62 |
| Profit before tax | 16 | 74 | 68 | 75 | 79 | 48 | 165 | 163 | 115 | 206 | 324 | 230 |
| Tax % | 2% | 52% | 33% | 33% | 33% | 41% | 34% | 16% | 17% | 25% | 24% | 1% |
| Net Profit + | 16 | 36 | 46 | 51 | 52 | 28 | 108 | 137 | 95 | 154 | 247 | 228 |
| EPS in Rs | 49.35 | 108.65 | 140.10 | 154.42 | 9.41 | 5.11 | 18.58 | 22.96 | 15.97 | 25.87 | 40.94 | 37.86 |
| Dividend Payout % | 0% | 23% | 0% | 0% | 0% | 102% | 0% | 0% | 0% | 0% | 12% | 13% |
Financials of Dodla Dairy Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 56 | 56 | 58 | 59 | 59 | 59 | 60 | 60 |
| Reserves | 214 | 241 | 287 | 340 | 341 | 341 | 546 | 728 | 824 | 977 | 1,222 | 1,437 |
| Borrowings + | 122 | 109 | 136 | 126 | 158 | 160 | 98 | 13 | 14 | 13 | 13 | 16 |
| Other Liabilities + | 72 | 82 | 104 | 132 | 169 | 176 | 200 | 205 | 217 | 253 | 240 | 258 |
| Total Liabilities | 411 | 436 | 531 | 601 | 723 | 733 | 903 | 1,005 | 1,114 | 1,302 | 1,535 | 1,771 |
| Fixed Assets + | 125 | 160 | 234 | 296 | 461 | 482 | 495 | 510 | 563 | 578 | 599 | 618 |
| CWIP | 5 | 36 | 30 | 15 | 11 | 8 | 8 | 4 | 30 | 12 | 11 | 99 |
| Investments | 85 | 95 | 109 | 109 | 67 | 55 | 104 | 228 | 309 | 238 | 680 | 702 |
| Other Assets + | 197 | 145 | 158 | 181 | 185 | 187 | 296 | 263 | 211 | 474 | 246 | 352 |
| Total Assets | 411 | 436 | 531 | 601 | 723 | 733 | 903 | 1,005 | 1,114 | 1,302 | 1,535 | 1,771 |
Financials of Dodla Dairy Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 131 | 59 | 83 | 118 | 103 | 217 | 145 | 140 | -15 | 479 | 233 | |
| Cash from Investing Activity + | -96 | -79 | -61 | -140 | -45 | -166 | -129 | -166 | 32 | -470 | -217 | |
| Cash from Financing Activity + | -37 | 19 | -40 | 62 | -26 | 11 | -49 | -3 | -3 | -4 | -16 | |
| Net Cash Flow | -2 | -1 | -18 | 39 | 33 | 61 | -33 | -29 | 13 | 6 | 0 | |
| Free Cash Flow | 41 | -14 | 16 | 29 | 37 | 165 | 74 | 69 | -77 | 393 | 96 | |
| CFO/OP | 172% | 94% | 94% | 118% | 106% | 122% | 98% | 113% | 12% | 177% | 122% |
Financials of Dodla Dairy Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Inventory Days | 62 | 36 | 27 | 39 | 36 | 26 | 24 | 26 | 18 | 60 | 18 | 13 |
| Days Payable | 16 | 14 | 16 | 18 | 21 | 16 | 23 | 21 | 20 | 21 | 18 | 19 |
| Cash Conversion Cycle | 46 | 22 | 11 | 22 | 15 | 11 | 2 | 5 | -1 | 40 | 0 | -5 |
| Working Capital Days | -6 | -15 | -18 | -14 | -7 | -13 | -16 | -7 | -9 | 19 | -7 | 23 |
| ROCE % | 25% | 19% | 18% | 17% | 11% | 28% | 22% | 13% | 21% | 27% | 17% |