Investor Presentation

**Business Performance:** Dodla Dairy achieved record Q1 FY27 revenue of ₹1,197.9 Cr (+19% YoY) and milk procurement of 21.1 LLPD (+13% YoY). Value-Added Product (VAP) sales reached ₹414.7 Cr (34.6% of total), driven by a 41.4% surge in curd volumes.

Despite operational gains in Africa, OSAM, and Orgafeed, high milk procurement costs and rising expenses impacted profitability, leading to EBITDA of ₹64.9 Cr (-21.3% YoY) and PAT of ₹40.6 Cr (-35.4% YoY). **Growth Drivers & Strategy:** The company prioritizes enhancing its VAP portfolio for better margins, expanding processing capacity, and widening market presence.

Strategic inventory building and strengthening farmer networks are key. **Recent Developments:** Dodla invested ₹11.6 Cr for a 2% stake in D2C dairy brand Sids Farm.

Greenfield expansions in Maharashtra and Uganda are progressing.

New products, including ice cream and lassi, launched, supported by robust branding and digital marketing. **Key Financial Metrics:** Q1 FY27 Revenue: ₹1,197.9 Cr.

EBITDA: ₹64.9 Cr.

PAT: ₹40.6 Cr.

EPS: ₹6.7. **Management Outlook:** Management anticipates milk procurement prices to normalize from Q2. The outlook emphasizes strategic expansion, growing VAP contribution, and improving operational efficiency.