Tipsheet
What matters at India’s listed companies
Notes / Sector

Dairy Products

18 recent notes from companies in this sector. 6 companies tracked.

Anchor companies · by market cap
Recent activity
Mon · 27 Jul
6
Earnings · Dairy Products

Dodla Dairy cuts FY27 margin guidance as milk costs bite

EBITDA margin forecast lowered to 7-8% from 8-9%; Africa revenue target also slashed. Q1 profit drops 35% despite 19% revenue growth.

DODLA Mid cap 10:35 AM
Sat · 25 Jul
5
Earnings · Dairy Products

Dodla Dairy's record ₹1,197.9 crore revenue fails to halt 35% profit slide

Higher milk procurement costs squeezed margins to 5.4% from 8.2%, while a small ₹11.6 crore D2C investment hints at future strategy.

DODLA Mid cap 11:24 AM
6
Earnings · Dairy Products

Dodla Dairy profit falls 61% as milk costs squeeze margins

Standalone PBT drops to ₹29.31 crore; consolidated PAT down 35% despite 19% revenue growth from Osam acquisition. Board approves ₹11.65 crore for a 2% stake in premium D2C brand Sids Farm.

DODLA Mid cap 11:04 AM
6
Earnings · Dairy Products

Dodla Dairy's Q1 profit slumps 61% as milk costs bite

Revenue rose 19% on consolidation, but raw material inflation crushed margins. The board also took a small stake in premium D2C brand Sids Farm.

DODLA Mid cap 10:53 AM
5
Earnings · Dairy Products

Dodla Dairy profit falls 65% as milk costs bite

Higher procurement costs drove standalone net profit down to ₹21.75 crore in Q1 FY27 from ₹62.36 crore a year ago, even as revenue rose to ₹955.66 crore.

DODLA Mid cap 10:45 AM
Tue · 21 Jul
5
Earnings · Dairy Products

Hatsun Agro revenue climbs 19% but profits stay flat in Q1

Revenue growth to ₹3,090 crore doesn't lift net profit as dairy margins tighten. Board reappointments and AGM set for September are procedural.

HATSUN Large cap 5:29 PM
5
Earnings · Dairy Products

Hatsun Agro revenue up 19%, profit flat as dairy margins tighten

Revenue rose to ₹3,090.49 cr but PAT held at ₹133.69 cr as raw material costs ate gains. Board reappoints top management, pays ₹10 interim dividend.

HATSUN Large cap 5:20 PM
Fri · 17 Jul
6
Dairy Products

Heritage Foods' record revenue obscured by margin pressure and low plant utilization

EBITDA margin falls to 4.6% as milk costs rise; VAP growth strong but ice cream plant runs at 40% capacity. ₹250 cr capex plan targets 50% VAP share by FY30.

HERITGFOOD Small cap 5:25 PM
Thu · 16 Jul
5
Earnings · Dairy Products

Heritage Foods profit drops 38% despite record revenue

Q1 FY27 revenue hits ₹13,381 million, up 18% YoY, but high milk costs compress margins. Value-added products now 44% of sales.

HERITGFOOD Small cap 4:44 PM
6
Earnings · Dairy Products

Heritage Foods Q1 profit falls 34% as costs surge

Net profit slid to ₹24.8 cr despite a 15.4% revenue jump to ₹1,291.8 cr, as raw material and employee expenses outpaced sales. Board also approved two small subsidiary share purchases.

HERITGFOOD Small cap 4:19 PM
Fri · 10 Jul
7
Credit · Dairy Products

Vadilal Industries gets two-notch credit upgrade to IND A+

India Ratings lifted the dairy firm's bank facilities rating to IND A+ from IND A- with a positive outlook, covering ₹400 crore of working capital and term loans, reflecting strengthening finances and lower borrowing costs.

VADILALIND Small cap 8:17 PM
Tue · 30 Jun
8
Dairy Products

Milkfood raises ₹6.6 cr via warrants to MD, president

Two insiders get 11 lakh warrants each, convertible in 18 months, adding 7.9% dilution. No use of proceeds disclosed.

MLKFOOD Micro cap 12:48 PM
Wed · 27 May
6
Earnings · Dairy Products

Vadilal's profit jumps 149% in Q4. Dividend more than doubles.

The ice-cream maker's Q4 net profit hit ₹54.86 crore. The board recommended a final dividend of ₹43 per share, a 105% increase over last year's ₹21.

VADILALIND Small cap 5:33 PM
Mon · 25 May
6
Earnings · Finance - NBFC

Premier Capital's profit is a one-off, not a dairy recovery

A ₹25.5 lakh net profit reverses a ₹9 lakh loss, but the gain comes almost entirely from a surge in non-operational income as the core business shrank.

PREMCAP Micro cap 4:42 PM
Fri · 22 May
6
Earnings · Dairy Products

Milkfood's auditor finds accounting errors behind its reported profit

Exceptional gains masked an operational decline, with the auditor flagging issues with land, vehicles, and share-based costs.

MLKFOOD Micro cap 4:52 PM
6
Earnings · Dairy Products

Milkfood's ₹44 cr profit is mostly an asset sale. The auditor isn't convinced.

A qualified audit opinion challenges the very gains that inflated Milkfood's FY26 profit. Strip them out, and net profit is just ₹9.81 crore.

MLKFOOD Micro cap 4:47 PM
Thu · 21 May
5
Earnings · Dairy Products

Sheetal Cool Products logs 15.4% net profit growth in FY26

Revenue rose 13.9% to ₹36,600 lakhs as auditor gave clean opinion with inventory and receivables caveats.

SCPL Micro cap 3:00 PM
5
Earnings · Dairy Products

Sheetal Cool Products net profit up 15.4%; auditor flags inventory, receivables

Steady growth but auditor's emphasis-of-matter on inventory and receivables keeps the story honest.

SCPL Micro cap 2:48 PM