Investor Presentation

An ISO 22000-2005 & 50001 EnMS Certified Company CIN: L15209TG1995PLC020324 Date: 25 July 2026 The General Manager The Manager Department of Corporate Services Listing Department BSE Limited National Stock Exchanges of India Limited Phiroze Jeejeebhoy Towers "Exchange Plaza", 5th Floor, Dalai Street, Fort Plot No.C/1, G Block Mumbai-400 001 Bandra-Kurla Complex Bandra (East), Mumbai 400051. Scrip Code : 543306 Scrip Code : DODLA Dear Sir/Madam, Sub: Investor Presentation for Q1 FY27 Pursuant to the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclosed Investor Presentation on unaudited financial results of the Company for the quarter ended on 30 June 2026. The above information is also available on the website of the Company www.dodladairy.com This is for your information and records. Thanking You, Yours Faithfully, For Dodla Dairy Limited Surya Prakash M Company Secretary & Compliance Officer Encl: as above Registered & Corporate Office: # 8-2-293/82/A, 270/Q, Road No 10-C, Jubilee Hills, Hyderabad – 500 033, Telangana, India. Tel: +91 40 45467777, Fax: +91 40 45467788 Website: www.dodladairy.com, Email: mail@dodladairy.com & cs@dodladairy.com, Toll Free No: 1800-103-1477 Dodla Dairy Limited Q1 FY27 Investor Presentation Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Dodla Dairy Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. This presentation contains certain forward looking statements concerning the Company’s future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, competition (both domestic and international), economic growth in India and abroad, ability to attract and retain highly skilled professionals, time and cost over runs on contracts, our ability to manage our international operations, government policies and actions regulations, interest and other fiscal costs generally prevailing in the economy. The Company does not undertake to make any announcement in case any of these forward looking statements become materially incorrect in future or update any forward looking statements made from time to time by or on behalf of the Company. Q1 FY27 PERFORMANCE HIGHLIGHTS EBITDA PAT REVENUE ₹ 1,197.9 Cr ₹ 64.9 Cr ₹ 40.6 Cr Highest Ever Revenue 5.4% Margin 3.4% Margin Management commentary “Q1 FY27 was marked by our highest-ever quarterly revenue of INR 1,197.9 crore, along with record milk procurement of 21.1 LLPD. During the quarter, the company banked upon a strong procurement cycle to be able to build inventory for upcoming quarters while also maintaining the market share. As a result, the procurement prices remained at an elevated level despite a healthy milk supply. This strategy is in line with overall industry trends, and we expect prices to start normalising Q2 onwards. With extended summers, our VAP portfolio, including curd, buttermilk, lassi, and ice cream, delivered record sales, reaching about a third of our total sales. The company recorded EBITDA of Rs. 64.9 crore during the quarter. At the operating level, we saw improvement in our Africa, OSAM and Orgafeed businesses. However, standalone business performance was impacted primarily due to pricing pressure. Further, the Board of Directors approved a primary investment of approximately INR 11.6 crore for a 2% stake Mr. Dodla Sunil Reddy Managing Director in Sids Farm Pvt Ltd., a D2C dairy brand. We are also progressing well towards our expansion plan focused on capacity increase, expanding our geographic footprint to deepen market presence and widen distribution reach, and increasing our VAP mix to enhance margins as well as diversify the product portfolio." Executive Summary for Q1 FY27 (consolidated) 1. Volume Highlights India Dairy Business Highlights  Milk procurement prices continued to rise faster than realization prices, Highest ever Milk Procurement volume of 21.1 LLPD up 13.0% YoY keeping gross margins under pressure Milk Sales volume stood at 13.6 LLPD, an increase of 14.5% YoY Uptick in expenses impacting Profitability Increase in employee cost pertaining to minimum wages criteria for offroll 2. Value Added Products Impact employees as per new labour laws Total Value-Added Products sales stood at ₹ 414.7 Cr (34.6% of total sales) as against ₹ Transport, Overhead & Fuel cost: Due to product mix shift from bulk sale to 352.8 Cr (35.0% of revenue) in previous year liquid milk and VAP  Packing material costs increased by 48% during the quarter, driven by Amongst VAP products, bulk sales for SMP and butter was not present in Q1 geopolitical tensions and changes in product mix FY27 as against ₹ 57.7 in Q1FY26 VAP contribution excluding bulk sale stood at ₹ 414.7 Cr (34.6% of total sales) as against OSAM Business Highlights ₹ 295.1 Cr (29.3% of revenue) in previous year  Higher procurement prices continue to build pressure on the gross profit margins Curd sales volume reported a solid growth of 41.4% and stood at Highest ever  Disciplined improvement in the operational efficiency in this vertical leads to better volumes of 642.6 MTPD Q1FY27 operating margins as compared to full year FY26 High margin summer products like Ice cream, buttermilk, flavoured milk, lassi, paneer etc. had a solid performance due to extended summer as against early Africa Business Highlights monsoon situation in Q1FY26 Africa business delivered strong revenue growth of 45.6% YoY, largely driven by a 3. Milk Price Impact robust milk sales growth of 52.3% YoY. Targeted efforts on gaining market share Some improvement in milk procurement volumes due to revival of milk supply, however in Kenya with strategically pricing the products the prices were kept elevated as the company focuses on building up inventories  Achieved highest ever EBITDA number of ₹ 24.2 Cr High procurement prices were passed on in a gradual manner to the end customer Pricing strategy is in line with the overall industry trend and resulted in a lower Orgafeed Business Highlights gross profit margins for the quarter Orgafeed business recorded strong revenue growth of 25.9% YoY Milk Pirce Per Liter (₹) Q1 FY27 Q1 FY26 YoY Q4 FY26 QoQ EBITDA margin stood at 10.5% Realization price 59.4 57.2 3.9% 58.4 1.8%  Raw material price grew faster than the selling price, leading to margin Procurement price 41.3 37.4 10.4% 41.0 0.8% compression. However, it’s a recovery as compared to previous quarter. Financial Highlights Consolidated (Q1 FY27) Operating Revenue Gross Profit EBITDA PAT % 25.8 23.0 23.2 % 8.2 5.0 5.4 % 6.2 6.5 3.4 Margin Margin Margin 1,197.9 1,074.5 1,006.9 2 278.3 Y 259.5 F 246.7 Q 82.5 64.9 53.8 69.8 62.9 40 [Showing first 8,000 characters — download PDF for full document]