Dodla Dairy Ltd. News and Updates

Name: Latest research reports of Dodla Dairy Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Dodla Dairy Ltd.
Rating: 4
Author: ICICI Securities Limited

Keep track of all breaking news on Dodla Dairy Ltd. from all sources in a single place.

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Dodla Dairy Ltd.

23 Oct 2023

1152.10

-0.47%

Dodla Dairy zooms 8.5% on strong performance in Q2

Moneycontrol

The company's reported an improvement on all three metrics of revenue, profit and profitability in the July-September quarter.

Dodla Dairy Ltd.'s price crossed below 100Day SMA today

Dodla Dairy Consolidated September 2023 Net Sales at Rs 767.75 crore, up 10.42% Y-o-Y

Moneycontrol | 23 Oct 2023 1 more

Dodla Dairy Ltd.

23 Oct 2023

1152.10

-0.47%

Margin expansion due to correction in commodity prices

Accumulate: Dodla Dairy Ltd.

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ICICI Securities Limited

Three observations: (1) The gross margin expanded with correction in milk procurement prices. We model the margin recovery to continue in H2FY24 with likely normal flush season in FY24, (2) the company plans to set up new plant in Maharashtra. We view it as a positive development considering geographical expansion just next to current cluster of South India, (3) There is healthy growth in value added products (Curd) partially led by muted monsoon and higher temperatures in Aug’23.

Dodla Dairy Ltd. is trading below its 150 day SMA of 1174.0

Dodla Dairy Ltd.

19 Oct 2023

1152.10

-0.47%

Dodla Dairy Share Price Live blog for 19 Oct 2023

livemint

Dodla Dairy stock price went down today, 19 Oct 2023, by -0.31 %. The stock closed at 685.75 per share. The stock is currently trading at 683.65 per share. Investors should monitor Dodla Dairy stock price closely in the coming days and weeks to see how it reacts to the news.

Dodla Dairy Ltd. is trading above its 100 day SMA of 1148.1

Dodla Dairy Ltd.

24 Jul 2023, 02:05PM

1152.10

-0.47%

Dodla Dairy share price hits all-high on robust Q1FY24 earnings; check details

livemint

Dodla Dairy's share price rose over 18% to an all-time high after the company reported strong Q1FY24 earnings. Profit after tax climbed 40.3% YoY to 35 crores and operating revenues jumped 14.8% YoY. The company aims to maintain its competitive edge and achieve sustainable growth.

Dodla Dairy Ltd. has gained 38.65% in the last 1 Year

Dodla Dairy shares rally 13% after achieving revenue target for first time

Moneycontrol | 24 Jul 2023

Dodla Dairy Ltd.

24 Jul 2023

1152.10

-0.47%

Dodla Dairy Results Earnings Call for Q1FY24

Conference Call with Dodla Dairy Management and Analysts on Q1FY24 Performance and Outlook. Listen to the full earnings transcript.

audio

Dodla Dairy Ltd.

24 Jul 2023

1152.10

-0.47%

to see Rapid results content

Dodla Dairy Ltd.

24 Jul 2023

1152.10

-0.47%

Correction in milk procurement prices leads to EBITDA margin expansion

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ICICI Securities Limited

Highlights from Dodla’s Q1FY24: (1) Milk procurement prices have corrected and it has led to gross and EBITDA margin expansion YoY. We model margin expansion to continue even in rest of FY24 led by correction in input prices, (2) volume growth was healthy at ~6.7% YoY; we model it to be in mid-high single digits in rest of FY24, and (3) the company has potential to gain market share considering additional profitability.

Dodla Dairy Ltd. is trading above its 100 day SMA of 1148.1

Dodla Dairy Ltd.

21 Jul 2023

1152.10

-0.47%

Dodla Dairy net profit rises 40.32% to Rs 34.97crore, revenue up 14.84%

Moneycontrol

Dodla Dairy reported a consolidated net profit of Rs 34.97 crore for the quarter ended June, up 40.32 percent from Rs 24.92 crore in the year- ago period.

Dodla Dairy Ltd.'s price crossed below 100Day SMA today

Dodla Dairy Ltd.

22 May 2023

1152.10

-0.47%

to see Rapid results content

Dodla Dairy Ltd.

22 May 2023

1152.10

-0.47%

Muted flush season impacts margin; we model recovery in H2FY24

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ICICI Securities Limited

Muted flush season and heat wave have impacted the milk production and milk procurement prices. While Dodla reported healthy growth of 9.8% in milk procurement, we note the steep increase in input prices contracted the gross margins by 416bps YoY to 21.4%, lowest level in past 12 quarters.

Dodla Dairy Ltd. is trading below its 150 day SMA of 1174.0

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VOTE: Is Dodla Dairy Ltd. worth buying?

28 Votes:

Buy 71.43%

Sell 21.43%

Hold 7.14%

45.63% Gain from 52W Low

Dodla Dairy Ltd. News and Updates

Keep track of all breaking news on Dodla Dairy Ltd. from all sources in a single place.