Dodla Dairy Share Price

Dodla Dairy Limited is a leading integrated dairy company in India, primarily engaged in the procurement, processing, and sale of milk and milk products. The company supplies fresh milk, curd, ice cream, ghee, paneer, buttermilk, lassi, flavoured milk, doodh peda, cooking butter, and milk-based sweets to consumers across multiple states in India. Dodla Dairy operates a vast network of milk chilling centers and processing plants, making it one of India’s prominent dairy brands. The Dodla Dairy share price today on the NSE and BSE is a reflection of how market participants respond to a performance and broader business developments within its industry. It captures the company’s sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator of market perception across various industries.

Market sentiment around the Dodla Dairy stock price often mirrors shifts in milk consumption patterns, demand for value-added dairy products, and investor views on the FMCG sector’s growth prospects. Factors such as the pace of capacity expansion, competitive intensity from other dairy players, raw milk price fluctuations, and government policies on dairy development influence near-term market valuation and medium-term earnings forecasts. All these factors must be closely monitored to have an idea about the Dodla Dairy price movements.

Dodla Dairy live share price provides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant monitoring of Dodla Dairy live price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market.

Furthermore, monitoring the Dodla Dairy price today helps investors understand real-time market sentiment, price volatility, and trading behaviour. It allows market participants to evaluate short-term performance, identify possible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook.

Dodla Dairy Limited Company Fundamentals

a. Company Background

Dodla Dairy Limited was incorporated in 1995. The company’s registered office is located in Hyderabad, Telangana. Dodla Dairy was founded by Sunil Reddy Dodla on May 15, 1995. The company began production in 1998 and now operates across 11 states in India, procuring 1.57 million liters of fresh milk per day directly from 1.4 lakh farmers in Andhra Pradesh, Telangana, Tamil Nadu, Karnataka, and Maharashtra. Dodla Dairy’s primary activity involves the processing and production of milk and milk products. It initially focused on building a strong procurement network in South India before gradually expanding to other regions. Dodla Dairy supplies fresh milk and value-added dairy products to consumers through a strong supply chain network including 150 milk chilling centers, 14 processing plants, 75+ sales offices, 2,500 agents, and 2,000 distributors. The company has played a pivotal role in organized dairy processing in India. Over the years, Dodla Dairy has significantly expanded its product portfolio and geographic footprint. It operates in a competitive environment, with pricing and distribution governed by market forces and consumer demand. The company has consistently focused on enhancing its processing capabilities to meet growing demand for quality dairy products.

b. Product Lines

• Fresh milk in various types: full cream milk, toned milk, standardized milk, double toned milk, and UHT milk

• Ultra-High Temperature (UHT) processed milk for extended shelf life

• Curd (dahi) in multiple variants

• Ice cream in various flavors

• Ghee (clarified butter)

• Paneer (cottage cheese)

• Buttermilk (chaas)

• Sweet lassi and mango lassi

• Flavoured milk in flavors including badam, strawberry, pista, vanilla, elaichi, chocolate, and pineapple

• Doodh peda (milk-based sweet)

• Cooking butter (yellow salted, yellow cooking, and white cooking butter)

• Skimmed milk powder

• Yogurt

• Milk-based sweets

• Animal feed products through subsidiary Orgafeed

c. Company Revenue Model

• Primary revenue from sale of liquid milk including fresh milk, toned milk, standardized milk, double toned milk, and UHT milk

• Revenue from value-added dairy products (VAP) including curd, ice cream, ghee, paneer, buttermilk, lassi, flavoured milk, doodh peda, and cooking butter

• Volume-driven revenue based on quantity of milk procured and processed

• Pricing determined by raw milk procurement costs and market demand affecting overall revenue generation

• Revenue from institutional sales including bulk supply to businesses and enterprises

• Expanding distribution network across 11 states contributing to new customer acquisition and revenue streams

• Focus on increasing value-added products share in total sales mix to drive higher margins

• Investment in new processing plants and chilling infrastructure to expand processing capacity

• Revenue from international operations in Africa through subsidiaries including Uganda and Kenya

• Revenue from animal feed business through subsidiary Orgafeed

• Seasonal variations in milk production (flush season vs. lean season) affecting revenue patterns throughout the year

• Government policies and milk price regulations influencing revenue stability

d. Geographic Presence

• Headquartered in Hyderabad, Telangana with registered office at Jubilee Hills

• Procurement centered across 5 states including Andhra Pradesh, Telangana, Tamil Nadu, Karnataka, and Maharashtra

• Products available for purchase in 11 states across India

• Operates 188 milk chilling centers, 15 processing plants, and over 680 Dodla Retail Parlours

• International presence through subsidiaries in Africa including Lakeside Dairy Ltd in Uganda (incorporated in 2015) and operations in Kenya

• Export markets served through African operations

• Focus on expanding into new geographical areas including recent land allotment for dairy manufacturing unit in Bihar

• Strategic expansion through acquisitions including KC Dairy in Tamil Nadu, Shri Krishna Milks in North Karnataka, and Osam Dairy in Eastern India

• Operations primarily concentrated in southern and western India with growing presence in eastern markets

• Strategic expansion through enhancement of processing capacity and procurement network

e. Key Milestones

• 1995: Incorporated as Dodla Dairy Limited on May 15, 1995

• 1998: Production commenced

• 2015: Incorporated Lakeside Dairy Ltd in Uganda

• 2017: First fully automated dairy commissioned at Gundrampally, Hyderabad

• 2018: Issued bonus shares in ratio of 16:1

• 2021: Launched Initial Public Offering (IPO) in June 2021

• 2022: Acquired Shri Krishna Milks Private Limited in North Karnataka

• 2022: Acquired Countryside Delight Dairy Limited in Kenya

• 2025: Acquired Osam Dairy in Eastern India

• 2025: Entered exclusive strategic collaboration with UBS AG

f. Industry Perspective

Dodla Dairy Limited operates in the dairy industry, which is part of India’s food and agri-products sector. Globally, the dairy market continues to expand with India being the world’s largest milk producer. India produced 239.3 million tonnes of milk in 2023-24, supported by 80 million dairy farmers. The India Dairy market is expected to grow from USD 29.90 billion in 2025 to USD 31.95 billion in 2026 and is forecast to reach USD 44.49 billion by 2031 at a CAGR of 6.84% over 2026-2031. According to Fortune Business Insights, the India dairy market was valued at USD 135.30 billion in 2024 and is projected to grow to USD 274.09 billion by 2032 at a CAGR of 9.33%. The dairy industry contributes 5% to India’s national economy and directly supports over eight crore farmers. The government has taken several initiatives for dairy development including Rashtriya Gokul Mission, National Dairy Development Board (NDDB), State Cooperative Dairy Federations, National Programme for Dairy Development (NPDD), and Dairy Entrepreneurship Development Scheme (DEDS). The National Programme for Dairy Development allocated INR 2,242 crore for 2024-25. Demand is driven by rising urban incomes, increasing health consciousness (34% of Indian consumers actively seeking high-protein options), expanding cold-chain corridors, and growing organized retail penetration. Key challenges include perishability constraints, cold-chain infrastructure gaps causing 15-20% product losses, raw milk price volatility, and competition from cooperative and organized players.

Dodla Dairy Limited Stock Market Presence: Listings & Index Representation

Dodla Dairy is actively traded on India’s principal equity markets, with its shares listed on the National Stock Exchange of India (NSE) under the symbol DODLA and on the Bombay Stock Exchange (BSE) with the scrip code 543306. Its listing on both exchanges ensures that the Dodla Dairy price is accessible to a wide investor base, encompassing both retail and institutional market participants. The company was listed in June 2021 through an Initial Public Offering of 12,153,668 equity shares raising up to Rs 520.17 Crores, comprising a fresh issue of 1,168,224 equity shares and an offer for sale of 10,985,444 equity shares. The company forms part of several benchmark indices that represent broad market segments. Dodla Dairy is included in indices such as NIFTY TOTAL MARKET, BSE IPO, BSE SmallCap, BSE AllCap, BSE Industrials, BSE MidSmallCap, Nifty Smallcap 100, and Nifty Microcap 250. Being represented in multiple indices enhances the visibility and liquidity of the Dodla Dairy price, as index tracking funds and exchange traded strategies often adjust allocations in line with constituent revisions. It also allows investors to benchmark the company’s stock performance relative to broader market trends and peer groups, facilitating cross sectional comparisons within India’s dairy landscape. The inclusion of Dodla Dairy in these indices reflects its market capitalisation and trading depth, which are key factors market participants consider when evaluating long term investment prospects and the responsiveness of the Dodla Dairy price to corporate and industry developments. The company’s ISIN code is INE021O01019 and face value is Rs 10 per share.

Dodla Dairy Limited Stock Performance and Share Price History

The Dodla Dairy price has exhibited significant volatility since its listing in June 2021, shaped by the company’s operations in India’s dairy sector and broader industry cycles. The Dodla Dairy share price recorded a positive total return of approximately 113.44% over the last 3 years, outperforming broader market indices and reflecting strong growth momentum. The Dodla Dairy share price delivered a 5-year total return of 16.10% CAGR, demonstrating consistent long-term wealth creation. The Dodla Dairy share price reached a 52-week high of 1,525.00 and a 52-week low of 964.10, indicating a wide trading range and substantial price fluctuations. The Dodla Dairy share price recorded an all-time high of 1,525.00 on July 15, 2025, while the all-time low stood at 407.60 reached on February 24, 2022. The Dodla Dairy share price has shown a 1-month return of approximately -2.32% and a 3-month return of -16.28%, indicating recent consolidation.

The Dodla Dairy price has been particularly responsive to quarterly earnings releases and corporate announcements. When the company reported a 26.6% year-on-year growth in consolidated PAT at Rs 1,015 crore for FY25, the Dodla Dairy stock price showed a positive reaction. The Dodla Dairy price has shown a pattern of strong positive momentum in periods when the company’s earnings exceeded expectations, while periods of earnings moderation or concerns over raw material costs have contributed to consolidation in the Dodla Dairy stock price. Corporate developments, including strategic announcements such as the acquisition of Osam Dairy in Eastern India, the expansion into Maharashtra with a new facility, and the growth of African operations, have also influenced short-term fluctuations in the Dodla Dairy share price. The Dodla Dairy share price has shown a 1-year return of approximately -1.76% according to some sources, while others indicate a 1-year return of -7.51%, reflecting the volatility in the stock. The Dodla Dairy share price reached its 52-week high of 1,525.00 before declining to its 52-week low of 964.10, reflecting the volatility inherent in the dairy sector. The Dodla Dairy share price has shown a year-to-date return that has been subdued as of April 2026. Comprehending these patterns in the Dodla Dairy share price is instrumental for investors seeking to contextualise long term performance trends vis à vis short term price dynamics, as the Dodla Dairy stock price movements illustrate how industry fundamentals, raw material price cycles, and investor expectations converge in market pricing.

The Dodla Dairy share price has shown distinct seasonal patterns. The stock recorded its strongest performance in certain periods following positive earnings announcements. In terms of annual performance, the Dodla Dairy share price delivered returns that have been positive over the 3-year horizon. The Dodla Dairy share price has demonstrated that the stock tends to perform better in periods of strong milk demand and favorable raw material prices, while underperforming during phases of input cost volatility and intense competition. The Dodla Dairy stock price has shown a 3-year total return of 113.44%, indicating strong wealth creation over this period. The Dodla Dairy stock price has shown a 5-year total return that has been positive. The Dodla Dairy stock price continues to trade at a significant discount from its 52-week high of 1,525.00, standing at around 1,000-1,100 levels as of April 2026.

Dodla Dairy Limited Investor Relevance and Role in Portfolio

Dodla Dairy holds a growing position for portfolio investors who seek exposure to India’s FMCG sector with a focus on the dairy segment. The company’s presence in milk procurement, processing, and value-added dairy products aligns it with investment strategies that value domestic consumption, organized retail penetration, and the shift towards branded dairy products. The Dodla Dairy share price often mirrors how these themes resonate with investor portfolios, whereby both thematic and sector specific funds monitor milk procurement trends, value-added product mix, and capacity expansion metrics when evaluating allocation decisions.

Institutional stakeholders play a significant role in Dodla Dairy’s ownership profile. Based on shareholding data as of December 2025, promoters hold 58.92% of the company. Foreign Institutional Investors (FIIs) hold 6.43% of the company. Domestic Institutional Investors (DIIs) hold 23.53% of the company including mutual funds. Mutual funds hold 23.53% of the company. Key mutual fund holders include Kotak Mahindra Mutual Fund, SBI Mutual Fund, Tata Mutual Fund, Motilal Oswal Mutual Fund, Aditya Birla Sun Life Mutual Fund, Nippon India Mutual Fund, UTI Mutual Fund, LIC Mutual Fund, Mirae Asset Mutual Fund, and HDFC Mutual Fund. Key institutional holders include Life Insurance Corporation of India and other domestic financial institutions. These investors represent a blend of domestic perspectives that contribute to the stock’s market liquidity and visibility within broader investment frameworks.

Based on data, Dodla Dairy exhibits varying levels of beta and volatility across different measurement periods. Based on data, the long-term beta stands at 0.27 according to some sources, while others indicate a beta of 0.92, reflecting different measurement periods and methodologies. Based on data, the daily-one month beta shows low correlation, while the daily-three month beta indicates moderate sensitivity. Based on data, the weekly-one year beta is 1.22, showing higher-than-market sensitivity in short-term trading. Based on data, the weekly-two year beta shows moderate correlation, and the 2 week-two year range beta is also moderate. Based on data, the monthly-two year beta continues to show moderate correlation. Supporting statistics include mean values across different periods and standard deviations indicating variability. The weekly volatility stands at approximately 3-5%, which is stable compared to the broader market. Overall, Dodla Dairy demonstrates a moderate volatility profile with beta values suggesting the stock tends to move with moderate correlation to broader market direction over certain time frames.

The Dodla Dairy share price has shown periods of heightened responsiveness to sector-specific news and quarterly earnings releases. The Dodla Dairy stock price’s beta reflects that the company’s essential consumer goods nature and established distribution network may provide some stability, though the dairy sector remains sensitive to raw material price fluctuations and seasonal demand patterns.

Dodla Dairy Limited Sectoral Relevance and Peer Positioning

The sector relevance of Dodla Dairy is anchored in its role within the broader Indian dairy industry, where it competes with other dairy processing companies. As part of this industry, the company’s strategic positioning connects milk procurement, processing, and value-added dairy products for consumers across India. Competitors in the dairy segment include companies such as Hatsun Agro Product Limited, Heritage Foods Limited, Parag Milk Foods Limited, Vadilal Industries Limited, and other cooperative and organized players. Firms with parallels in either processing scale or product range are often referenced when evaluating relative performance and operational positioning within the sector.

In valuation terms, factors like the Dodla Dairy P/E ratio have shown variations over different periods. The mean historical PE Ratio of Dodla Dairy over the last ten years is 44.49. The current P/E ratio stands at approximately 27.81-28.26 across different sources, having changed 6.15% with respect to the historical average. Periods when investors perceived improvements in profitability or earnings sustainability have corresponded with expansion in valuation multiples, whereas phases of moderation in earnings momentum or industry cyclicality have seen valuation contraction. Dodla Dairy P/E ratio changed from 20.1 on March 2022 to 28.6 on March 2024, representing a CAGR of 12.48% over 3 years.

Similarly, Dodla Dairy EPS has shown variation according to how operational performance aligns with industry demand cycles and cost structures. Structural gains from capacity expansion and increasing value-added product share supported directional improvement in earnings per share during favourable conditions, while cyclical headwinds from raw material price volatility and competitive pressures have moderated EPS momentum. Dodla Dairy earnings have shown a trajectory that responded to both volume growth and margin pressures over the analysed period. Dodla Dairy market cap has fluctuated in line with investor perceptions of the company’s growth potential in a competitive and evolving dairy market.

Over years, the Dodla Dairy market cap has followed a pattern of significant growth. Since listing on June 28, 2021, Dodla Dairy’s market cap has increased from Rs 36.28 billion to Rs 69.81 billion, an increase of 92.40%. The market cap increased from Rs 60.35 billion in 2023 to Rs 76.62 billion in 2025, reflecting strong investor confidence. As of April 2026, the market cap stands at approximately Rs 6,173-6,199 crore across different sources. This growth mirrors the upward trend in the Dodla Dairy share price and the broader performance of the dairy sector.

Dodla Dairy earnings over the past several years have been characterised by a period of consistent growth. Net income increased from Rs 126 crore in 2021 to Rs 133 crore in 2022, Rs 122 crore in 2023, Rs 167 crore in 2024, and reached Rs 259.93 crore in 2025. This recent earnings growth reflects the impact of strong value-added product performance, capacity additions, and improving operational efficiency. The company’s revenue grew to Rs 3,453 crore in 2024, with a growth of 22.8% year-on-year.

Dodla Dairy EPS has shown variation over the past decade. The diluted EPS stood at Rs 43.09 in 2025, Rs 39.88 in 2024, Rs 28.03 in 2023, and Rs 20.55 in 2022. The EPS growth rate showed positive growth in most years, with the company delivering good profit growth of 38.7% CAGR over the last 5 years. The highest EPS growth rate was achieved in recent years, while the lowest was during periods of margin pressure.

The Dodla Dairy P/E ratio has shown fluctuations over the available period. At the end of recent fiscal years, the P/E ratio varied, with current levels at 22.11-30.08x across different sources. The mean historical P/E ratio over the last ten years is 44.49. The current P/E ratio compared to the historical average reflects that investor expectations are adjusting to near-term earnings momentum. The Dodla Dairy share price has been influenced by these valuation metrics. The Dodla Dairy stock price continues to be evaluated in the context of its earnings potential and market position.

Summary

Dodla Dairy Limited is a leading integrated dairy company listed on both the NSE and BSE, where the Dodla Dairy share price reflects milk procurement volumes, value-added product mix, and capacity expansion within the dairy sector. Its representation on stock exchanges supports market visibility, while investor interest is shaped by earnings trends, valuation narratives, and broader food and agri-products industry themes. Within the sector, the company’s competitive context and earnings dynamics provide key perspectives on its role in India’s dairy market.