Research ReportsDodla Dairy — Conviction On Growth Intact With Margin Stability; Systematix Maintains 'Buy'
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Dodla Dairy — Conviction On Growth Intact With Margin Stability; Systematix Maintains 'Buy'
Systematix believes a premium multiple is
achievable given confidence on growth, sustained high margins and deft capacity expansion opening up additional levers of growth.
Near-term, Dodla flagged some impact of early onset of rains on Q1 FY26 sales of summer-contextual VAP products like flavored milk, buttermilk, ice creams.
(Photo source: Company website)
Dodla Dairy’s management issued an upbeat business outlook at their roadshow hosted by Systematix. Dodla expects topline CAGR of ~15% to sustain over the medium-term (FY22-FY25 sales CAGR ~18%), sees clear visibility of double-digit growth over the next four-five years, and will strive to double revenues over this period.