Second Quarter performance of Dodla and Heritage
Dodla Dairy
Net Sales at Rs 997.62 crore in September 2024 up 29.94% from Rs. 767.75 crore in September 2023.Quarterly Net Profit at Rs. 63.38 crore in September 2024 up 45.35% from Rs. 43.60 crore in September 2023.
EBITDA stands at Rs. 105.82 crore in September 2024 up 37.55% from Rs. 76.93 crore in September 2023.
Dodla Dairy EPS has increased to Rs. 10.54 in September 2024 from Rs. 7.33 in September 2023.Dodla Dairy shares closed at 1,270.00 on October 22, 2024 (NSE)
Dodla Dairy Limited is a public limited company having its registered and corporate office at Hyderabad City of Telangana State in India. The company was incorporated in the year 1995 and production commenced in 1998. Currently, their procurement spans 5 states and we delight our customers through our products in 11 states. They operate around 150 milk chilling centres and 14 processing plants. Of these plants, nine are ISO 22000:2018 certified, five are FSSC 22000 v5.1 certified and hold ISO 50001:2011 (EnMS) certification.
Their distribution and marketing operations include distributing our products through more than 75 sales offices, around 2500 agents and approximately 2000 distributors across 11 states in India. Additionally, as of March 31st, 2024, theri milk and dairy based VAPs are also available through more than 600 “Dodla Retail Parlours” which commenced operations in 2016 and are spread across the states of Andhra Pradesh, Telangana, Tamil Nadu, and Karnataka. Their product portfolio consists of Milk, UHT Milk, Curd, Ice cream, Ghee, Paneer, Buttermilk, Lassi, Flavoured Milk, Sweets and Cooking butter. These products are conveniently packed to suit various needs of its consumers.
Heritage Foods
Net Sales at Rs 1,019.52 crore in September 2024 up 4.19% from Rs. 978.55 crore in September 2023.Quarterly Net Profit at Rs. 48.63 crore in September 2024 up 116.96% from Rs. 22.41 crore in September 2023.
EBITDA stands at Rs. 90.69 crore in September 2024 up 85.5% from Rs. 48.89 crore in September 2023.
Heritage Foods EPS has increased to Rs. 5.24 in September 2024 from Rs. 2.42 in September 2023.Heritage Foods shares closed at 594.80 on October 22, 2024 (NSE) and has given 81.81% returns over the last 6 months and 173.41% over the last 12 months.
Heritage foods is one of the Leading Private Dairy Players in India with a Chilling Capacity of 1.95 million litres per day, Processing Capacity of 2.57 million litres per day and Packaging Capacity of 1.71 million litres per day. By deeply committing temselves to innovation and to providing authentic, high-quality milk products, we have grown multifold to occupy a sizeable share in India's Dairy Market.
The dairy process and market a full line of dairy products including fresh milk, curd, buttermilk, lassi, ice-cream, paneer, ghee, table butter, cooking butter, milk powder, flavored milk, UHT milk and dairy whitener. Headquartered in Hyderabad, it has a significant presence in the states of Andhra Pradesh, Telangana, Karnataka, Kerala, Tamil Nadu, Maharastra, Odisha, NCR Delhi, Haryana, Rajasthan, Uttarakhand & Uttar Pradesh.