Dairy Day Poised for Rs 1,000 Cr Revenue — Eyeing Big Growth
Bengaluru-based Dairy Day, backed by private-equity firm Kedaara Capital, is projecting annual revenue of ₹1,000 crore this year as it scales up operations and strengthens its regional presence across South and West India.
Founded in 2002 by promoters M.N. Jaganath and A. Balaraju, Dairy Day has built a network of over 50,000 retailers across the states of Karnataka, Tamil Nadu, Andhra Pradesh, Telangana and Maharashtra. The brand offers a wide array of ice-cream products — cups, sticks, tubs, cones, cakes, sorbets, candies — across general trade, modern trade and online retail channels.
In the last decade, Dairy Day has reportedly maintained a strong compounded annual growth rate (CAGR) of 30%, reflecting consistent demand and increasing market penetration. As part of its expansion plan, the company aims to raise its production capacity from the current two lakh litres/day to up to 3.5 lakh litres/day by adding 1.5 lakh litres/day capacity, positioning it for larger scale and supply-chain robustness.
Industry analysts suggest that with ice-cream being one of the fastest-growing categories in India’s food & beverage sector, Dairy Day’s regional focus, diversified product mix, and strengthened supply infrastructure make the ₹1,000 crore-revenue target plausible — especially as it scales into Maharashtra and other markets beyond its stronghold in the South.
In a statement, Kedaara Capital underscored confidence in Dairy Day’s management and strategy, saying that their investment will help accelerate growth and allow the company to expand into “world-class production facilities” in multiple locations going forward.
Dairy Day’s growth underscores a larger shift in India’s dairy and ice-cream consumption landscape, where regional brands with strong supply-chain backbones and distribution networks are increasingly capturing market share as demand rises for convenient, branded dairy products beyond liquid milk.
Source : Dairynews7x7 Nov 30th 2025