Modern Dairies
- Market cap
- ₹ 116 Cr.
- P/E
- 21.9x
- P/B
- 2.2x
- 52-week range
- 26.56 – 55.93
- ROE
- 10%
- ROCE
- 14%
- Dividend yield
- 0%
- Debt / equity
- 0.21
- Sector
- Food Products
- Industry
- Dairy Products
- Listed on
- BSE
About
Modern Dairies Limited is an India-based company, which is engaged in manufacturing of milk products. The Company is primarily engaged in the business of milk supply in pouches manufacturing/ processing of milk powders, butter, pure ghee, cheese and nutritional ingredients and others. The Company manufactures a variety of milk and milk products for the domestic as well as international markets.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Dairy Products: 15 companies →Modern Dairies against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)21.9 against a typical 25: cheaper than most peers (1st = cheapest).4th of 14
- Sales growth+16.6% against a typical +17% from a year earlier.8th of 14
- Profit growth+29.7% against a typical +15% from a year earlier.5th of 11
- Share price, 3 months+43.9% against a typical +6.1%.2nd of 12
- Size₹ 116.4 Cr. market value against a typical ₹ 822.6 Cr. (1st = largest).11th of 15
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 81 | 100 | 98 | 94 | 74 | 89 | 91 | 78 | 82 | 87 | 92 | 91 |
| Expenses | 77 | 94 | 90 | 89 | 70 | 86 | 89 | 75 | 79 | 85 | 91 | 87 |
| Operating Profit | 4 | 6 | 7 | 5 | 4 | 3 | 2 | 3 | 3 | 2 | 2 | 4 |
| OPM % | 4.9% | 6.2% | 7.6% | 5.3% | 5.5% | 3.5% | 1.9% | 3.9% | 3.3% | 2.7% | 1.8% | 4.2% |
| Other Income | 19 | 0 | 0 | 0 | 0 | 56 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 21 | 5 | 6 | 4 | 3 | 58 | 1 | 2 | 2 | 2 | 1 | 3 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | −2,779% | 21.1% | 18.8% | 24.5% | 66% | 29.8% |
| Net Profit | 21 | 5 | 6 | 4 | 3 | 58 | 18 | 2 | 2 | 1 | 0 | 2 |
| EPS in Rs | 9.15 | 1.94 | 2.72 | 1.66 | 1.42 | 24.84 | 6.97 | 0.64 | 0.66 | 0.48 | 0.11 | 0.75 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- −4%
- 5 Years
- −11%
- 3 Years
- 16%
- TTM
- 6%
- 10 Years
- 8%
- 5 Years
- 19%
- 3 Years
- −26%
- TTM
- −78%
- 10 Years
- 15%
- 5 Years
- 36%
- 3 Years
- 23%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Modern Dairies | ₹ 41.50 | ₹ 116 Cr. | 21.9x | 2.2x | 10% | — |
| Heritage Foods | ₹ 349.30 | ₹ 3,241 Cr. | 21.5x | 2.8x | 14.6% | 3.3% |
| Venky's (India) | ₹ 1,580.00 | ₹ 2,222 Cr. | 15.4x | 1.3x | 9.1% | 3.7% |
| Apex Frozen Foods | ₹ 300.90 | ₹ 940 Cr. | 32.5x | 2.4x | 7.6% | 4.2% |
| Sharat Industries | ₹ 149.10 | ₹ 585 Cr. | 39.7x | 4.1x | 10.9% | 3% |
| Waterbase | ₹ 40.90 | ₹ 170 Cr. | — | 1.3x | −9.9% | −4.2% |
Management
- Krishan Kumar Goyal
- Chairman of the Board, Managing Director
- Ashwani Kumar Aggarwal
- Chief Operating Officer, Executive Non Independent Director
Prices are delayed and for information only. Nothing on this page is investment advice.