Dodla Dairy Limited

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TION Q1FY23 AUGUST 2022 CLICK TO EDIT MASTER SUBTITLE STYLE Table of Content Page No. Particulars 03 09 14 23 27 Quarterly Highlights Full Year Financials About Us Company Canvas Strategic Adv

INR 7,000 million

ary its ever highest revenues “I am happy to state that Dodla Dairy has reported by surpassing INR 7,000 million mark, thereby registering a healthy top-line growth of 40% Y-o-Y in Q1FY23. The Company’s robust op

40%

has reported by surpassing INR 7,000 million mark, thereby registering a healthy top-line growth of 40% Y-o-Y in Q1FY23. The Company’s robust operational highlights during the quarter are a testimonial o

20.0%

Quarterly Operational Highlights AVERAGE MILK PROCUREMENT (in LLPD) AVERAGE MILK SALES (in LLPD) 20.0% YoY 12.3 12.8 12.4 12.3 14.8 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 26.2% YoY 8.3

26.2%

in LLPD) 20.0% YoY 12.3 12.8 12.4 12.3 14.8 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 26.2% YoY 8.3 9.5 9.9 9.7 10.4 12.0 10.0 8.0 6.0 4.0 2.0 0.0 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1F

44.8%

to one decimal DODLA DAIRY LIMITED 5 5 Quarterly Operational Highlights CURD SALES (in MTPD) 44.8% YoY 294.3 252.1 245.4 288.2 426.3 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 450.0 400.0 350.0 30

30.1%

2,500 2,000 1,500 1,000 500 0 VAP SALES (in INR Mn) and VAP SHARE (in % of TOTAL REVENUES) 30.1% 26.0% 24.4% 26.5% 32.5% 1,515 1,448 1,380 1,536 2,290 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23

26.0%

2,000 1,500 1,000 500 0 VAP SALES (in INR Mn) and VAP SHARE (in % of TOTAL REVENUES) 30.1% 26.0% 24.4% 26.5% 32.5% 1,515 1,448 1,380 1,536 2,290 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 denote

24.4%

1,500 1,000 500 0 VAP SALES (in INR Mn) and VAP SHARE (in % of TOTAL REVENUES) 30.1% 26.0% 24.4% 26.5% 32.5% 1,515 1,448 1,380 1,536 2,290 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 denotes VAP’s

26.5%

1,000 500 0 VAP SALES (in INR Mn) and VAP SHARE (in % of TOTAL REVENUES) 30.1% 26.0% 24.4% 26.5% 32.5% 1,515 1,448 1,380 1,536 2,290 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 denotes VAP’s % shar

32.5%

500 0 VAP SALES (in INR Mn) and VAP SHARE (in % of TOTAL REVENUES) 30.1% 26.0% 24.4% 26.5% 32.5% 1,515 1,448 1,380 1,536 2,290 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 denotes VAP’s % share of to

426.3 MT

sales including improvement of VAP pie in the overall revenue  Curd sales surged by 44.8% YoY to 426.3 MTPD in Q1FY23  Revenue from value added products (VAP) and fat & fat-based products during the quar

“No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.”

KEY HIGHLIGHTS

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FACTORS DRIVING THE VAP GROWTH

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Global Presence

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IR Contact

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KEY HIGHLIGHTS

 State-of-the-art manufacturing facilities at Kadapa, Andhra Pradesh  Selling directly to our farmers through our procurement network which is adjusted against the value of the raw milk supplied to us by such farmers  We have tied up with various veterinarians to provide services to farmers for their milch animals 80MTPD Cattle feed plant capacity ₹138MN Revenues in Q1FY23 ₹14MN EBITDA in Q1FY23 ORGAFEED FINANCIALS 420 220 97 -4 38 51 138 14 FY20 FY21 FY22 Q1FY23 Operating Revenure (in ₹ Mn) EBITDA (in ₹ Mn) DODLA DAIRY LIMITED 20 Meet The Executive Team MR. DODLA SUNIL REDDY Managing Director MR. VENKAT KRISHNA REDDY BUSIREDDY Chief Executive Officer MR. ANJANEYULU GANJI Chief Financial Officer DODLA DAIRY LIMITED 21 Board of Directors Mr. Dodla Sesha Reddy Chairman & Non-Executive Director Exp: 22+ years in Dairy Board Member: Nelcast Limited Mr. Raja Rathinam Independent Director Exp: 40+ years in Dairy Previously Associated: National Dairy Research Institute, Tamil Nadu Dairy Co

FACTORS DRIVING THE VAP GROWTH

 The rapid economic growth and urbanization have resulted in a fundamental shift in consumer preferences and food preferences SALES VOLUME  Consumer desire for branded, healthier, and more nutritional alternatives is growing  Rising disposable incomes driving demand for value added dairy products  Post COVID-19 pandemic, structural changes occurred in consumer pattern a result of heightened hygiene awareness, which benefits the organized dairy industry NOTE: All Value have been rounded-off to zero decimal DODLA DAIRY LIMITED 25 5% contribution of Africa to milk industry Our Overseas Presence Dodla operates in Kenya and Uganda in Africa through its subsidiaries Lakeside Dairy Limited & Dodla Dairy Kenya Limited. Our African product portfolio is marketed under the “Dairy Top” and “Dodla +” brands and includes Milk, yogurt with different flavors, ghee, paneer, cheese and UHT milk. Salient Features - Overseas Dairy Business Dairy player margins are higher due to limited competition and

Global Presence

Uganda Kenya Higher B2C Sales through Strong Branding An Extensive Product Portfolio (Milk Based Value-Added Products) 12 states engaged in our strong distribution network 1 Feed Plant 15 Processing Plants NOTES: *Data as per CRISIL report DODLA DAIRY LIMITED 28 Stringent Quality Control Procedures Well Defined Quality and Food Safety Procedures at Various Stages from Procurement to Distribution PROCUREMENT STAGE  VLCCs equipped with GPRS enabled electronic milk analyzers which test for the fat and solid not fat (SNF) content of the raw milk  Tests conducted at VLCCs for color and smell for segregation of poor quality of raw milk  Quality checks documented in a quality manual to ensure raw milk meeting standards for further processing is procured QUALITY CERTIFIED PRODUCTS AND PROCESSING PLANTS PROCESSINGS STAGE  At chilling centers and processing plants, the raw milk undergoes adulteration tests and neutralizer tests to detect contaminants  FT-1 Milko-scanner at Hyderabad – enabl

IR Contact

Vikash Verma T: +91 9664009029 Diwakar Pingle T: +91 9833904971 CORPORATE OFFICE 8-2-293/82/A, 270/Q, Road No 10-C, Jubilee Hills, Hyderabad – 500 033. Telangana, India. T: +91 40 4546 7777 F: +91 40 4546 7788 DODLA DAIRY LIMITED Appendix DODLA DAIRY LIMITED 35 Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Dodla Dairy Ltd (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, e