Dodla Dairy Limited has announced resilient financial results for the quarter and year ended March 31, 2026. The company achieved its highest-ever annual revenue of ₹41,252 million, reflecting an 11% year-on-year growth. Despite facing margin pressure due to elevated procurement costs, the company saw a 19.5% increase in milk sales volume and expects a gradual normalization in input costs moving forward.
Fiscal Performance Highlights
For the financial year 2026, Dodla Dairy delivered a robust performance with total revenues reaching ₹41,252 million. The fourth quarter specifically saw revenues of ₹10,745 million, marking an 18.1% year-on-year growth. While EBITDA margins were impacted by higher raw material costs and strategic pricing decisions to protect market share, the company maintained a healthy Profit After Tax (PAT) of ₹2,670 million for the full year.
Operational Milestones
The company achieved a record milk sales volume of 14.0 LLPD (Lakh Liters Per Day), representing a 19.5% growth compared to the previous year. Value-Added Products (VAP) continued to be a significant contributor, accounting for 28% of total sales in the fourth quarter. The company noted that high-margin summer products like buttermilk, lassi, and paneer performed well, supported by a 15.4% growth in curd sales volume.
Strategic Outlook and Expansion
Managing Director Mr. Dodla Sunil Reddy highlighted that the company’s growth was largely volume-driven. Looking ahead, Dodla Dairy is focusing on long-term expansion initiatives, including the construction of a new integrated dairy plant in Maharashtra to strengthen its domestic footprint. Internationally, the company reported a strong 48% revenue growth in Africa and plans to further leverage its brand by establishing a greenfield plant in Uganda.
Cost and Margin Management
The company faced industry-wide challenges with constrained milk supply, leading to elevated procurement prices. Although procurement costs rose by 9.7% year-on-year during the fourth quarter, the company maintained its competitive pricing strategy. Management remains optimistic, citing signs of improvement in the supply situation and potential opportunities to pass on some input costs to consumers in the near term.
Source: BSE
