Dodla Dairy Limited

17.4%

rational excellence overcoming the sectoral headwinds. As a result, the operating revenue surged by 17.4% YoY to INR 6,754 Mn in Q3FY23. Thanks to the strong brand recall amongst the consumers, Dodla’s Val

INR 6,754

llence overcoming the sectoral headwinds. As a result, the operating revenue surged by 17.4% YoY to INR 6,754 Mn in Q3FY23. Thanks to the strong brand recall amongst the consumers, Dodla’s Value Added Products

rs,

surged by 17.4% YoY to INR 6,754 Mn in Q3FY23. Thanks to the strong brand recall amongst the consumers, Dodla’s Value Added Products (VAP) sales contributed 23.1% to the top line in Q3FY23. The Company un

23.1%

the strong brand recall amongst the consumers, Dodla’s Value Added Products (VAP) sales contributed 23.1% to the top line in Q3FY23. The Company undertook a price hike to partially mitigate the increase in

3.8%

hlights A ~12.8 LLPD Average milk procurement during Q3FY23 as compared to 12.4 LLPD in Q3FY22 3.8% YoY 10.5 LLPD B Average milk sales during Q3FY23 as compared to 9.9 LLPD in Q3FY22 6.7% YoY C

6.7%

3FY22 3.8% YoY 10.5 LLPD B Average milk sales during Q3FY23 as compared to 9.9 LLPD in Q3FY22 6.7% YoY C 259.9 MTPD Curd sales during Q3FY23 as compared to 245.4 MTPD in Q3FY22 5.9% YoY 23.1%

259.9 MT

oY 10.5 LLPD B Average milk sales during Q3FY23 as compared to 9.9 LLPD in Q3FY22 6.7% YoY C 259.9 MTPD Curd sales during Q3FY23 as compared to 245.4 MTPD in Q3FY22 5.9% YoY 23.1% D Revenue from v

245.4 MT

s compared to 9.9 LLPD in Q3FY22 6.7% YoY C 259.9 MTPD Curd sales during Q3FY23 as compared to 245.4 MTPD in Q3FY22 5.9% YoY 23.1% D Revenue from value added products (VAP) and fat & fat-based produc

5.9%

D in Q3FY22 6.7% YoY C 259.9 MTPD Curd sales during Q3FY23 as compared to 245.4 MTPD in Q3FY22 5.9% YoY 23.1% D Revenue from value added products (VAP) and fat & fat-based products was at ₹1,533

₹1,533

22 5.9% YoY 23.1% D Revenue from value added products (VAP) and fat & fat-based products was at ₹1,533 Mn of the overall dairy revenue during Q3FY23 11.1% YoY NOTE: All numbers above have been rounded

11.1%

s (VAP) and fat & fat-based products was at ₹1,533 Mn of the overall dairy revenue during Q3FY23 11.1% YoY NOTE: All numbers above have been rounded-off to one decimal DODLA DAIRY LIMITED 5 Quarter

3.5%

istorical Operational Highlights AVERAGE MILK PROCUREMENT (in LLPD) AVERAGE MILK SALES (in LLPD) 3.5% YoY 6.1% YoY 12.4 12.3 14.8 14.3 12.8 11. 0 10. 8 10. 6 10. 4 10. 2 10. 0 9.8 9.6 9.

“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

1

Board Member

1

Previously Associated

1

FACTORS DRIVING THE VAP GROWTH

1

IR Contact

1

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 ₹426MN Company sales in 9M FY23 ₹39MN EBITDA in 9M FY23 ORGAFEED FINANACIAL FIGURES Operating Revenure (in ₹ Mn) 420 EBITDA (in ₹ Mn) 220 97 -4 38 51 FY20 FY21 FY22 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. Raman Tallam Puranam Independent Director Exp: SBI Capital Markets Limited, Sundaram AMC Limited Mr. Raja Rathinam Independent Director Exp: 40+ years in Dairy

Previously Associated

National Dairy Research Institute, Tamil Nadu Dairy Corporation Ltd. Mr. Madhusudhana Reddy Independent Director Exp: Imperial Granites Limited, Member of BAR council of Andhra Pradesh Ms. Vinoda Kailas Independent Director Exp: Pravaha Foundation, Deloitte Consulting Mr. Akshay Tanna Non-Executive Nominee Director Exp: Deutsche Bank and Merrill Lynch Partner: TPG Growth & Rise Fund Board Member: Livspace Pte Ltd, Big TreeEntertainment, ESS Kay Fincorp Limited and others. Mr. Rampraveen Swaminathan Independent Director Exp: Cummins India Limited, International Paper Board Member: Mahindra Logistics & Lords Freight DODLA DAIRY LIMITED 22 Company Canvas Our strength to deliver competitive advantage FY22 FY21 FY20 FY19 FY18 FY18 FY19 FY20 FY21 FY22 20 20 18 16.8 12.2 12.5 10.9 10.8 13 12.1 11.1 11 10.3 10.6 13.4 PROCESSING CAPACITY ▪ Best practices to maximize capacity utilization, operating metrics and profitability ▪ Flexible and agile with continuous improvement mindset MILK PROCUREMEN

FACTORS DRIVING THE VAP GROWTH

▪ The rapid economic growth and urbanization have resulted in a fundamental shift in consumer preferences and food preferences ▪ 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; figures are in lakh litre per day (LLPD). DODLA DAIRY LIMITED 25 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. 5% contribution of Africa to milk industry Salient Features - Overseas Dairy Business Dairy player margins are higher

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 Appendix Glossary LLPD: Lakhs Liter per day LPA: Liters Per Annum MTPD: Metric Tonnage Per day MT: Metric Ton UHT milk: Ultrahigh Temperature Processed Milk VAP: Value-added Product VLCC: Village Level Collection Center FII: Foreign Institutional Investor DRP: Dodla Retail Parlours DODLA DAIRY LIMITED 36 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