Dodla Dairy Limited

INR 28,120

eddy Managing Director “I am happy to share that Dodla Dairy reported its highest ever revenues at INR 28,120 Mn, registering a strong growth of 25.3% YoY in FY23. The Company successfully navigated multiple se

25.3%

hat Dodla Dairy reported its highest ever revenues at INR 28,120 Mn, registering a strong growth of 25.3% YoY in FY23. The Company successfully navigated multiple sectoral challenges and delivered growth i

23.3%

ultiple sectoral challenges and delivered growth in both domestic and international operations with 23.3% YoY and 55.2% YoY, respectively in FY23. Dodla Dairy’s Africa business is shaping up well. We will

55.2%

al challenges and delivered growth in both domestic and international operations with 23.3% YoY and 55.2% YoY, respectively in FY23. Dodla Dairy’s Africa business is shaping up well. We will continue to re

26.0%

n the coming years. The Company’s Value Added Products (VAP) and Fat & Fat products sales surged by 26.0% YoY to INR 7,408 Mn owing to the strong brand recall and wide distribution network. Dodla’s VAP sal

INR 7,408

years. The Company’s Value Added Products (VAP) and Fat & Fat products sales surged by 26.0% YoY to INR 7,408 Mn owing to the strong brand recall and wide distribution network. Dodla’s VAP sales contributed 26.

26.8%

08 Mn owing to the strong brand recall and wide distribution network. Dodla’s VAP sales contributed 26.8% to the overall revenues in FY23. The industry is likely to benefit from the much-anticipated flush

9.3%

hlights A ~13.5 LLPD Average milk procurement during Q4FY23 as compared to 12.3 LLPD in Q4FY22 9.3% YoY 10.8 LLPD B Average milk sales during Q4FY23 as compared to 9.7 LLPD in Q4FY22 12.2% YoY

12.2%

4FY22 9.3% YoY 10.8 LLPD B Average milk sales during Q4FY23 as compared to 9.7 LLPD in Q4FY22 12.2% YoY C 317.6 MTPD Curd sales during Q4FY23 as compared to 288.2 MTPD in Q4FY22 10.2% YoY 26.1%

317.6 MT

Y 10.8 LLPD B Average milk sales during Q4FY23 as compared to 9.7 LLPD in Q4FY22 12.2% YoY C 317.6 MTPD Curd sales during Q4FY23 as compared to 288.2 MTPD in Q4FY22 10.2% YoY 26.1% D Revenue from

288.2 MT

compared to 9.7 LLPD in Q4FY22 12.2% YoY C 317.6 MTPD Curd sales during Q4FY23 as compared to 288.2 MTPD in Q4FY22 10.2% YoY 26.1% D Revenue from value added products (VAP) and fat & fat-based prod

10.2%

in Q4FY22 12.2% YoY C 317.6 MTPD Curd sales during Q4FY23 as compared to 288.2 MTPD in Q4FY22 10.2% YoY 26.1% D Revenue from value added products (VAP) and fat & fat-based products was at ₹1,857

“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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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 ₹569MN Company sales in FY23 ₹53MN EBITDA in FY23 ORGAFEED FINANCIAL FIGURES Operating Revenure (in ₹ Mn) 569 EBITDA (in ₹ Mn) 420 220 97 -4 38 51 53 FY20 FY21 FY22 FY23 DODLA DAIRY LIMITED 22 Company Canvas Our strength to deliver competitive advantage FY23 FY22 FY21 FY20 FY19 FY18 FY19 FY20 FY21 FY22 14.1 13.8 22.3 12.2 12.5 10.9 10.8 13 12.1 11.1 11 20 20 18 16.8 PROCESSING CAPACITY  Best practices to maximize capacity utilization, operating metrics and profitability  Flexible and agile with continuous improvement mindset MILK PROCUREMENT  All dairy processors have access to the same raw material and equipment; what distinguishes us

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 d

IR Contact

Vikash Verma T: +91 9664009029 • Hiral Keniya T: +91 9029662801 • 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 o