Dodla Dairy IPO: Strengths, Financial Summary, Key Risks: ICICI Direct
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ICICI Direct Report
Dodla Dairy Ltd. is an integrated dairy company based in south India primarily deriving revenue from sale of milk and dairy based value added products.
The company is third highest in terms of milk procurement with average procurement of 1.03 million litre of raw milk per day among private dairy players with a significant presence in southern India.
Apart from a presence in south India, it also has overseas operations based in Uganda, Kenya.
The company processes and sells milk and produces dairy based value added products like curd, ultra-high temperature processed milk, ghee, butter, flavoured milk and ice cream among others.
It also manufactures and sells cattle feed to farmers through their procurement network.
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