Investor Presentation

An ISO 22000-2005 & 50001 EnMS Certified Company CIN: L15209TG1995PLC020324 Date: 28 October 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 Q2 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 and half year ended on 30 September 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 Q2 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. Q2 & H1 FY27 PERFORMANCE HIGHLIGHTS REVENUE EBITDA PAT Q2 FY27 H1 FY27 Q2 FY27 H1 FY27 Q2 FY27 H1 FY27 ₹ 64 Cr ₹ 129 Cr ₹ 37 Cr ₹ 77 Cr ₹ 1,196 Cr ₹ 2,394 Cr 5.4% Margin 5.4% Margin 3.1% Margin 3.2% Margin Management commentary “Dodla Dairy delivered a healthy performance in Q2 FY27, with revenue increasing by 17.4% YoY to ₹1,196.0 crore. This performance was driven by a combination of volume growth and improved realisation, supported by a price increase of ₹2.5 per litre implemented during the quarter. As the price revision came into effect in the second half of the quarter, its benefit was partially reflected in Q2 FY27. Milk availability remained healthy during the quarter, enabling us to procure adequate inventory required for the upcoming quarters. However, milk procurement costs continued to remain elevated, putting pressure on gross margins. Our pricing strategy remains in line with the overall industry trend. Value-Added Products portfolio recorded revenue of ₹327 crore, registering YoY growth of 11.7%. Demand for summer-related products was relatively softer compared to the previous quarter due to seasonality. In the near term, festive season shifted to Q3 should give a boost to our value-added products like ghee, sweets, flavoured milk etc. We have started witnessing positive momentum in the current month. Our OSAM and Orgafeed businesses also delivered healthy revenue growth, although profitability remained under pressure due to elevated raw material costs. Africa business continued its strong growth trajectory, with revenue increasing by 55.9% YoY while delivering healthy profitability. Looking ahead, the operating environment remains dynamic, with elevated raw milk prices and inflationary pressures arising from geopolitical uncertainties continuing to pose challenges. We remain focused on Mr. Dodla Sunil Reddy strengthening our procurement and distribution capabilities, driving operational efficiencies, expanding our Managing Director value-added product portfolio and executing our planned expansion initiatives, which are progressing as planned. With a disciplined approach to product quality, cost management and capital allocation, we remain committed to strengthening our market position and delivering long term profitable growth.” Executive Summary for Q2 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 21.3 LLPD up 9.3% YoY keeping gross margins under pressure Milk Sales volume stood at 14.2 LLPD, an increase of 8.4% YoY Festive demand shifted to Q3 in this year as against in Q2 last year, resulting in a non comparable high base of Q2FY26. 2. Value Added Products Impact  Uptick in expenses impacting Profitability Total Value-Added Products sales stood at ₹ 327.0 Cr (27.3% of total sales) as against ₹ Overheads cost per litre increased due to inflation, new labour code and 292.8 Cr (28.7% of revenue) in previous year geopolitical issue  Packing material costs increased by 41.6% YoY for the quarter, driven by Amongst VAP products, bulk sales for SMP and butter was not present in Q2 geopolitical tensions and changes in product mix. FY27 as against ₹ 28.3 Cr in Q2FY26 VAP contribution excluding bulk sale stood at ₹ 327.0 Cr (27.3% of total sales) as against OSAM Business Highlights ₹ 264.5 Cr (26.0% of revenue) in previous year  OSAM recorded a healthy revenue driven by milk volumes. Curd sales volume grew by 23.0% and stood at 444.7 MTPD VAP sales contribution remained low due to seasonal factors affecting the demand Demand for high-margin summer products such as ice cream, flavoured Higher procurement prices, and inflationary cost environment continue to build pressure on the gross profit margins. milk, buttermilk and lassi moderated sequentially during Q2 FY27 due to seasonal factors impacting overall VAP demand. Africa Business Highlights 3. Milk Price Impact  Africa business delivered solid revenue growth of 55.9% YoY, driven by a strong Milk procurement volumes remained healthy, due to continued recovery in milk supply, 68.5% increase in milk sales, supported by strategic pricing initiatives aimed at while procurement prices remained elevated to secure adequate inventory for the gaining market share in Kenya. upcoming quarters.  EBITDA for the quarter stood at Rs. 18.9 Cr. The increase in procurement costs was [Showing first 8,000 characters — download PDF for full document]