ADVERTISEMENT

Dodla Dairy IPO: KRChoksey's Investment Rationale

Dodla Dairy IPO: KRChoksey's Investment Rationale

Dairy cows stand in the milking parlor. (Photographer Daniel Acker/Bloomberg)
Dairy cows stand in the milking parlor. (Photographer Daniel Acker/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

KRChokesy Research Report

Dodla Dairy Ltd., incorporated in 1995, is an integrated dairy company with a significant presence in the southern markets.

Notably, the company is the third largest company in terms of raw milk procurement with an average procurement of 1.03 million litres per day as of March 31, 2021 and the second largest private dairy player in terms of market presence.

The company’s Indian operations are undertaken under 'Dodla Dairy', 'Dodla' and 'KC+' brands, while overseas operations are undertaken under 'Dodla Dairy', 'Dairy Top' and 'Dodla+' brands.

The company’s operations consist of processing the raw milk into packaged milk and manufacturing other dairy-based value-added products at 13 plants with an aggregate installed capacity of 1.7 million litres per day.

Click on the attachment to read the full report:

KRChoksey Dodla Dairy IPO Note.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.