Arthneeti

Modern Dairies Share Price & Earnings Call Analysis

₹40.74+5.00% today
Market cap
₹130 Cr
P/E
21.93
ROE
10.20%
PEG
-0.84
Price to sales
0.38
Debt to equity
0.17
52W high / low
₹55.4 / ₹27.4
Sales growth (5Y)
-11.04%
EBITDA margin
3.38%
Net profit margin
1.44%
Promoter holding
60.33%
Sales (last year)
₹345 Cr

Potential multibaggers · Q2 FY27

Potential multibaggers in Food Products
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Modern Dairies rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Food Products companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹23,562 Cr134.3
240%+Up 2%+₹435 Cr7.5
340%+Up 2%+₹413 Cr72.6
440%+Flat₹1,012 Cr46.0
540%+Flat₹148 Cr9.8
620–40%Up 2%+₹670 Cr48.3

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Pro shows every company guiding 40%+ revenue growth →Full Food Products ranking

Financials of Modern Dairies

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Modern Dairies

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +80.9283.1280.6099.9597.8394.4373.8488.7691.0678.3081.9687.4892.18
Expenses +76.3379.0976.6493.7690.3689.4369.7585.6489.3275.2779.2485.0990.51
Operating Profit4.594.033.966.197.475.004.093.121.743.032.722.391.67
OPM %5.67%4.85%4.91%6.19%7.64%5.29%5.54%3.52%1.91%3.87%3.32%2.73%1.81%
Other Income +0.350.0219.340.140.330.160.3656.040.200.140.460.350.35
Interest1.461.321.050.760.690.540.390.450.450.240.260.310.30
Depreciation0.860.710.911.040.760.760.740.790.870.840.840.800.78
Profit before tax2.622.0221.344.536.353.863.3257.920.622.092.081.630.94
Tax %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-2,779.03%21.05%18.75%24.54%65.96%
Net Profit +2.622.0221.344.526.343.863.3257.9317.861.651.691.220.32
EPS in Rs1.120.879.151.942.721.661.4224.846.970.640.660.480.11

Financials of Modern Dairies

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +625497457467560766610241217362348340
Expenses +629499461480549757600231201340334330
Operating Profit-3-2-4-14119101017221410
OPM %-1%-0%-1%-3%2%1%2%4%8%6%4%3%
Other Income +2014000-222120571
Interest171817000002421
Depreciation5555562263333
Profit before tax-24-24-11-1963-3551234667
Tax %-7%-1%0%0%0%0%0%0%0%0%-26%27%
Net Profit +-22-24-11-1963-3551234835
EPS in Rs-9.54-10.39-4.89-7.962.601.50-14.892.125.2114.6832.381.72
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Financials of Modern Dairies

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital232323232323232323232628
Reserves-57-81-93-111-105-102-136-131-119-851527
Borrowings +18017317716716515550018712
Other Liabilities +5359463853531381701801446965
Total Liabilities19917415311713613074628590117132
Fixed Assets +827979777674343029303129
CWIP000002001100
Investments000000000006
Other Assets +1179574405954403256598596
Total Assets19917415311713613074628590117132

Financials of Modern Dairies

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +173031646717154720-4
Cash from Investing Activity +-2-2-5-3-4-5-3-2-3-5-4-7
Cash from Financing Activity +-16-22-3-11-0-2-3-9-19-41-1014
Net Cash Flow-16-51-1-106-7172
Free Cash Flow1528-213-11315124217-6
CFO/OP-493%-1,511%-68%-118%35%71%65%179%96%222%147%-46%

Financials of Modern Dairies

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days182222720116532192226
Inventory Days473630141013163173393843
Days Payable192322152018111188586159
Cash Conversion Cycle46353061061125160-110
Working Capital Days-11-44-39-136-109-74-89-223-217-91-14-3
ROCE %-4%-5%-8%-20%8%4%-172%14%

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