Dodla Dairy Limited

NSEI:DODLA Stock Report

Market Cap: ₹70.3b

Dodla Dairy Valuation

Is DODLA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of DODLA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DODLA (₹1165.05) is trading above our estimate of fair value (₹803.95)

Significantly Below Fair Value: DODLA is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DODLA?

Key metric: As DODLA is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for DODLA. This is calculated by dividing DODLA's market cap by their current earnings.
What is DODLA's PE Ratio?
PE Ratio32.5x
Earnings₹2.17b
Market Cap₹70.28b

Price to Earnings Ratio vs Peers

How does DODLA's PE Ratio compare to its peers?

The above table shows the PE ratio for DODLA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average42.4x
530305 Piccadily Agro Industries
54.3xn/a₹68.1b
519126 Hindustan Foods
64.5x34.3%₹61.4b
532301 Tata Coffee
35.9xn/a₹64.4b
KRBL KRBL
14.7xn/a₹64.1b
DODLA Dodla Dairy
32.5x19.1%₹70.3b

Price-To-Earnings vs Peers: DODLA is good value based on its Price-To-Earnings Ratio (32.5x) compared to the peer average (42.4x).

Price to Earnings Ratio vs Industry

How does DODLA's PE Ratio compare vs other companies in the IN Food Industry?

10 CompaniesPrice / EarningsEstimated GrowthMarket Cap
539594 Mishtann Foods
4xn/aUS$174.49m
ZUARIIND Zuari Industries
1.3xn/aUS$115.53m
SARVESHWAR Sarveshwar Foods
3.1xn/aUS$103.88m
507315 Sakthi Sugars
4.4xn/aUS$43.46m
DODLA 32.5xIndustry Avg. 24.5xNo. of Companies26PE020406080100+
10 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DODLA is expensive based on its Price-To-Earnings Ratio (32.5x) compared to the Indian Food industry average (25.2x).

Price to Earnings Ratio vs Fair Ratio

What is DODLA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DODLA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio32.5x
Fair PE Ratio36.7x

Price-To-Earnings vs Fair Ratio: DODLA is good value based on its Price-To-Earnings Ratio (32.5x) compared to the estimated Fair Price-To-Earnings Ratio (36.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst DODLA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹1,165.05
₹1,463.33
+25.6%
4.8%₹1,525.00₹1,365.00n/a3
Nov ’25₹1,244.80
₹1,463.33
+17.6%
4.8%₹1,525.00₹1,365.00n/a3
Oct ’25₹1,173.80
₹1,390.00
+18.4%
5.7%₹1,500.00₹1,320.00n/a3
Sep ’25₹1,276.45
₹1,390.00
+8.9%
5.7%₹1,500.00₹1,320.00n/a3
Aug ’25₹1,224.05
₹1,356.67
+10.8%
2.4%₹1,400.00₹1,320.00n/a3
Jul ’25₹1,049.45
₹1,206.67
+15.0%
11.6%₹1,400.00₹1,070.00n/a3
Jun ’25₹868.35
₹1,206.67
+39.0%
11.6%₹1,400.00₹1,070.00n/a3
May ’25₹962.55
₹1,126.67
+17.1%
17.9%₹1,400.00₹920.00n/a3
Apr ’25₹835.15
₹990.00
+18.5%
7.1%₹1,060.00₹920.00n/a2
Mar ’25₹992.95
₹990.00
-0.3%
7.1%₹1,060.00₹920.00n/a2
Feb ’25₹993.40
₹990.00
-0.3%
7.1%₹1,060.00₹920.00n/a2
Jan ’25₹871.35
₹777.50
-10.8%
4.8%₹815.00₹740.00n/a2
Dec ’24₹806.45
₹777.50
-3.6%
4.8%₹815.00₹740.00n/a2
Nov ’24₹680.65
₹777.50
+14.2%
4.8%₹815.00₹740.00₹1,244.802
Oct ’24₹690.15
₹756.50
+9.6%
18.3%₹895.00₹618.00₹1,173.802
Sep ’24₹739.10
₹756.50
+2.4%
18.3%₹895.00₹618.00₹1,276.452
Aug ’24₹741.70
₹756.50
+2.0%
18.3%₹895.00₹618.00₹1,224.052
Jul ’24₹584.00
₹630.00
+7.9%
4.8%₹660.00₹600.00₹1,049.452
Jun ’24₹516.85
₹630.00
+21.9%
4.8%₹660.00₹600.00₹868.352
May ’24₹496.15
₹640.00
+29.0%
3.1%₹660.00₹620.00₹962.552

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

IFB Agro Industries

₹5.3b

Manufactures and bottling of alcoholic beverages and processed marine foods in India and internationally.

507438

₹566.75

7D

0.3%

1Y

22.8%

Gayatri Sugars

₹1.1b

Engages in the manufacture and sale of sugar and allied products in India.

532183

₹16.05

7D

-1.8%

1Y

-25.5%

Kaveri Seed

₹43.0b

Researches, develops, produces, processes, and markets hybrid seeds and vegetable crop seeds in India.

KSCL

₹835.95

7D

-9.6%

1Y

41.8%