Dodla Dairy
One of India’s top three private dairy companies, with an extensive dairy portfolio and a rising share of value-added products.
With a wide and stable sourcing network, deep ties with farmers and an efficient supply chain, the company is steadily rising in prominence in India’s ₹15T dairy industry.
Dodla’s strengths lie in its ability to continually scale up its operations without compromising on consistency, return on capital and free cash flow generation.
Offerings
Highlights
Expanding Procurement Network
Procuring from 1.4 lakh+ farmers in 7800 villages, spread across AP, Telangana, TN, Karnataka, and Maharashtra, as well as Africa.
Expanding Value Added Portfolio
Increased from ~26 to 35% between FY23 to FY25, with potential to rise to ~45% by FY28.
Expansion plans
While the company demonstrated its growth ambitions through greenfield expansion initiatives in Maharashtra, expansion of its cattle feed business, and evaluation of a potential entry into the US market, it also strengthened its presence in Eastern India through the acquisition of a 100% stake in Osam Dairy in mid 2025.
Cash
Aggressive capital deployment plan with cash balance of ~₹750 Cr to propel expansions and acquisitions in Maharashtra.
