Dodla Dairy Ltd benchmarking: Perfomance to industry peers

Financial

	Dodla Dairy	Heritage Foods	Parag Milk Foods
Operational Metrics
FMCG
Capacity Utilization - Milk	76.0 %	n/a	n/a
Milk Processing Capacity	2.6 MLPD	2.83 MLPD	3.4 MLPD
Milk Generation	1.95 MLPD	1.6 MLPD	n/a
Sales Volume - Milk	1.24 MLPD	1.21 MLPD	n/a
Sales volume- Curd	370.0 MTPD	435.6 MTPD	n/a
Realization/Litre - Milk	57.01 Rs/Litre	57.0 Rs/Litre	n/a
Financials
5 yr Average ROE	16.12 %	16.08 %	-13.15 %
5yr average Equity Multiplier	1.32	1.52	2.09
5yr Average Asset Turnover Ratio	2.12	2.86	1.54
5yr Avg Net Profit Margin	5.81 %	3.76 %	-3.28 %
Price to Book	4.83	4.2	3.33
P/E	28.41	25.37	29.56
5yr Avg Cash Conversion Cycle	7.23 Days	9.5 Days	46.96 Days
Inventory Days	21.79 Days	27.67 Days	83.94 Days
Days Receivable	1.11 Days	2.84 Days	25.24 Days
Days Payable	21.13 Days	12.21 Days	48.33 Days
5yr Average Interest Coverage Ratio	56.5	16.55	-0.19
5yr Avg ROCE	20.85 %	21.53 %	-1.35 %
5yr Avg Operating Profit Margin	9.64 %	7.15 %	0.44 %
5 yr average Debt to Equity	0.04	0.12	0.66
5yr CAGR Net Profit	15.59 %	4.66 %	41.83 %
5yr Average Return on Assets	12.25 %	10.66 %	-4.62 %
Shareholdings
Promoter Holding	58.92 %	41.3 %	42.61 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-3.29 %	1.87 %	6.42 %
Change in Mutual Fund Holding (3 Yrs)	6.83 %	-11.59 %	0.0

	Dodla Dairy	Heritage Foods	Parag Milk Foods
Segment Break-Up	Segment Break-Up Milk 100.0	-	-
Location Wise Break-Up	Location Wise Break-Up India 89.43 Rest of the World 0 Others 10.57	Location Wise Break-Up Rest of the World 0.05 India 99.95	Location Wise Break-Up Rest of the World 2.55 India 94.42 Others 3.03
Asset Break-Up - Segment Wise	Asset Break-Up - Segment Wise India 88.01 Animal Feed 0 Renewable Energy 0 Dairy 0 Others 11.99	Asset Break-Up - Segment Wise Animal Feed 3.68 Renewable Energy 3.5 India 0 Dairy 70.71 Others 22.11	-