Dodla Dairy cash flow

Latest FY26

Cash from operations: ₹295cr−43.3% on FY25
Capital spending: ₹162cr+47.2% on FY25
Free cash flow: ₹133cr−67.6% on FY25
Cash from financing: −₹24.7cr−₹7.7 cr in FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Changes in working capital
Adjustments to reconcile profit — non-cash items						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	—	82.3	74.6	70.1	61.2
	—	−0.5	0.0	0.0	0.0
	—	3.3	3.7	2.4	1.2
	—	−22.5	−8.0	−10.6	−11.7
	—	−0.4	−0.2	0.0	0.0
	—	−5.7	−17.3	−3.7	−3.9
	—	−2.5	−0.6	−1.3	0.0
	—	−2.3	−8.2	1.2	1.3
	—	−21.9	−11.0	−5.9	−3.7
	—	0.0	0.0	0.0	−0.3
	—	15.0	229	−269	2.7
	—	1.1	−2.7	−2.3	−4.7
	—	3.2	−1.5	−3.5	2.7
	—	−7.8	6.8	8.3	−14.2
	—	21.2	2.9	31.1	0.0
	—	0.0	0.0	0.0	26.4
	—	0.0	3.1	0.9	0.0
	—	1.1	0.0	0.0	−4.6
	—	6.3	3.1	1.3	1.0
Cash from operating activities
	222	281	356	244	152
	—	69.9	274	−181	53.6
	—	351	630	62.6	205
	—	55.7	110	63.3	44.7
	—	295	520	−0.7	161
Cash from investing activities
	—	162	110	107	108
	—	1.9	2.1	2.1	3.0
	—	0.1	0.1	0.5	0.8
	—	1,700	1,995	1,268	1,065
	—	1,962	1,576	1,341	0.0
	—	271	0.0	0.0	20.8
	—	0.0	0.0	0.0	996
	—	0.4	0.2	0.0	0.0
	—	16.9	10.4	11.0	9.2
	—	−134	−11.6	49.7	−28.6
	—	−286	−528	30.0	−214
Cash from financing activities
	—	0.0	17.8	0.0	0.0
	—	0.0	0.0	12.0	18.0
	—	5.0	1.3	0.0	0.0
	—	6.4	3.9	0.0	0.0
	—	—	—	12.3	3.4
	—	1.2	2.2	0.9	0.0
	—	12.1	18.1	0.0	0.0
	—	−24.7	−7.7	−1.3	14.6
	—	−15.4	−16.2	28.1	−38.3
	—	3.0	2.5	0.3	3.4
	—	−12.3	−13.6	28.3	−34.8
	—	—	—	103	75.0
Reference items
	262	308	381	289	191
	5.8%	7.5%	10.2%	9.2%	6.8%
	133	133	410	−107	52.3
	—	119	404	−84.0	—
	₹22.02	₹22.02	₹67.92	−₹17.78	₹8.68
	43.85×	—	—	—	—
	—	1.10×	2.00×	−0.00×	1.31×
	—	55.7	110	63.3	44.7
	—	1.2	2.2	0.9	—

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

DODLA₹965.70

Dodla Dairy Limited

· FMCG & Retail

₹ CrorePeersVADILALIND KWIL PARAGMILK HATSUN MLKFOOD VADILENTMcap ₹5,826 Cr

View

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	61.2	70.1	74.6	82.3	—
+ Impairment Loss / (Reversal)	0.0	0.0	0.0	-0.5	—
+ Finance Costs	1.2	2.4	3.7	3.3	—
+ Interest Income	-11.7	-10.6	-8.0	-22.5	—
+ Dividend Income	0.0	0.0	-0.2	-0.4	—
+ Fair Value (Gains) / Losses	-3.9	-3.7	-17.3	-5.7	—
+ Unrealised FX (Gain) / Loss	0.0	-1.3	-0.6	-2.5	—
+ Other Non-cash Items	1.3	1.2	-8.2	-2.3	—
+ Other — Cash Effects are Investing / Financing	-3.7	-5.9	-11.0	-21.9	—
+ Other Reconciling Items	-0.3	0.0	0.0	0.0	—
Changes in Working Capital
+ Inventories	2.7	-269.2	229.4	15.0	—
+ Trade Receivables — Current	-4.7	-2.3	-2.7	1.1	—
+ Other Financial Assets — Current	2.7	-3.5	-1.5	3.2	—
+ Other Current Assets	-14.2	8.3	6.8	-7.8	—
+ Trade Payables — Current	0.0	31.1	2.9	21.2	—
+ Trade Payables — Non-current	26.4	0.0	0.0	0.0	—
+ Other Financial Liabilities — Current	0.0	0.9	3.1	0.0	—
+ Other Current Liabilities	-4.6	0.0	0.0	1.1	—
+ Provisions — Current	1.0	1.3	3.1	6.3	—
Cash from Operating Activities
Profit Before Tax (per I/S)	151.8	243.8	355.8	280.7	222.2
+ Total Adjustments (incl. Working Capital)	53.6	-181.2	274.0	69.9	—
Cash from Operations (pre-tax)	205.5	62.6	629.8	350.6	—
+ Income Taxes Paid	44.7	63.3	110.0	55.7	—
Cash from Operating Activities	160.8	-0.7	519.8	294.9	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	108.5	106.5	110.0	162.0	—
+ Disp of Fixed Assets	3.0	2.1	2.1	1.9	—
+ Disp of Biological Assets	0.8	0.5	0.1	0.1	—
+ Acq of Other Long-term Assets	1,064.7	1,268.0	1,995.2	1,700.2	—
+ Disp of Other Long-term Assets	0.0	1,341.3	1,575.8	1,961.9	—
+ Acq of Subsidiaries / Businesses (net)	20.8	0.0	0.0	271.0	—
+ Government Grants Received	996.0	0.0	0.0	0.0	—
+ Dividends Received — Investing	0.0	0.0	0.2	0.4	—
+ Interest Received — Investing	9.2	11.0	10.4	16.9	—
+ Other Inflows / (Outflows) — Investing	-28.6	49.7	-11.6	-133.6	—
Cash from Investing Activities	-213.7	30.0	-528.3	-285.5	—
Cash from Financing Activities
+ Proceeds from Issue of Shares	0.0	0.0	17.8	0.0	—
+ Proceeds from Borrowings	18.0	12.0	0.0	0.0	—
+ Repayment of Borrowings	0.0	0.0	1.3	5.0	—
+ Payment of Lease Liabilities	0.0	0.0	3.9	6.4	—
+ Payment of Finance Lease Liabilities	3.4	12.3	—	—	—
+ Interest Paid	0.0	0.9	2.2	1.2	—
+ Dividends Paid	0.0	0.0	18.1	12.1	—
Cash from Financing Activities	14.6	-1.3	-7.7	-24.7	—
Net Changes in Cash (pre-FX)	-38.3	28.1	-16.2	-15.4	—
+ Effect of FX Rate Changes on Cash	3.4	0.3	2.5	3.0	—
Net Changes in Cash	-34.8	28.3	-13.6	-12.3	—
Closing Cash	75.0	103.4	—	—	—
Reference Items
EBITDA	191.3	288.8	380.8	308.5	262.1
EBITDA Margin %	6.80	9.24	10.24	7.48	5.83
Free Cash Flow (CFO − Capex)	52.3	-107.3	409.8	132.9	132.9
Free Cash Flow to Equity	—	-84.0	404.2	119.0	—
Free Cash Flow per Basic Share	8.68	-17.78	67.92	22.02	22.02
Price to Free Cash Flow	—	—	—	—	43.85
Cash Flow to Net Income	1.31	-0.00	2.00	1.10	—
Cash Paid for Taxes	44.7	63.3	110.0	55.7	—
Cash Paid for Interest	—	0.9	2.2	1.2	—

As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.