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.

INDUSTRY

Consumer Products

LOCATION

Hyderabad, Telangana

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Assorted packaged dairy or beverage powder products displayed on a black background.

Variety of packaged food and beverage products arranged together on a dark background.

Instant coffee and beverage containers displayed against a black background.

Packaged instant drink mix products in yellow packaging on a black background.

Assorted chocolate ice cream cones and dessert products displayed on a dark background.

Bottled dairy and flavored beverage products arranged on a black background.

Aerial view of an industrial facility with buildings, roads, and surrounding greenery.

Industrial food or beverage processing equipment inside a manufacturing facility.

Workers operating machinery inside an industrial production plant.

Stainless steel processing tanks and equipment inside a factory facility.

Large stainless steel industrial storage and processing tanks inside a plant.

Aerial view of an industrial campus with factory buildings and surrounding landscape.

Modern industrial facility with landscaped grounds and surrounding greenery.

Offerings

Paneer

Milk

Curd

Buttermilk

Ice cream

Lassi

Flavoured milk

Sweets

Ghee

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.