Dodla Dairy (DODLA) Q4 24/25 earnings summary

Executive summary

• Achieved record consolidated annual revenue of ₹37,201 million in FY25, up 19% year-on-year, with PAT reaching ₹2,599.30 million, a 55.9% increase year-on-year.

• Growth driven by strong performance in value-added products (VAP), healthy results in Africa, and expansion of the Orgafeed business.

• Celebrated 30 years of operations, nearly doubling revenue in four years with 18% CAGR and faster profitability growth.

• Board approved a dividend of ₹2 per share (20% of face value).

• Financial statements include the holding company, five subsidiaries across India, Singapore, Uganda, and Kenya, and one associate.

Financial highlights

• FY25 revenue grew 19% year-on-year to ₹37,201 million; PAT reached ₹2,599.30 million.

• Q4 FY25 revenue rose 15.5% year-on-year to ₹9,096 million; net profit for Q4 was ₹680 million with a 7.5% margin.

• EBITDA for Q4 FY25 was ₹835 million (9.2% margin); full-year EBITDA margin improved to 10.2%.

• Net cash from operating activities for FY25 was ₹5,197.87 million.

• Basic and diluted EPS for FY25 were ₹43.27.

Outlook and guidance

• Targeting 15% volume growth in procurement for FY26, aiming for 1.8 million liters/day in India and 2 million liters/day consolidated.

• Focus on expanding product reach and portfolio, with continued investment in VAP, Africa, and Orgafeed businesses.

• Greenfield expansion in Maharashtra to add 1 million liters/day capacity by FY27.

• Pursuing both organic and inorganic growth opportunities.

• Final dividend of ₹2 per share declared in May 2025, following an interim dividend of ₹3 per share in October 2024.