Modern Dairies Ltd.

Fast Moving Consumer Goods · Food Products

BSE: 519287

₹51.52

Sept. 30, 2026 · BSE · bse_bhavcopy

Peers in Food Products

The largest companies in the same industry by market cap. This company ranks #52 of 96. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Nestle India Limited	252,609	65.4	67.9%	12.3%	—	87	0	27
Britannia Industries Limited	116,339	44.1	49.4%	-19.0%	—	82	0	10
Hatsun Agro Product Limited	24,480	65.8	19.9%	20.4%	0.91%	48	8	49
Zydus Wellness Limited	16,315	423.8	3.4%	11.5%	—	50	32	31
Bikaji Foods International Limited	13,083	48.3	14.9%	-28.7%	0.24%	74	22	11
EID Parry India Limited	12,206	—	9.3%	-33.7%	—	40	100	10
Godrej Agrovet Limited	11,995	22.2	20.6%	-10.3%	1.76%	65	20	48
Manorama Industries Limited	11,063	41.9	33.6%	30.5%	—	95	33	48
Modern Dairies Ltd. (this stock)	146	26.2	115.9%	-14.4%	—	68	51	89

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹148 Cr

EV / EBITDA

12.2x

EV / Sales

0.42x

Market cap / Sales

0.41x

Earnings yield

3.82%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 92 Cr, up 16.7% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	91	3	2	₹0.7500
March 31, 2026	92	1	—	₹0.1100
Dec. 31, 2025	87	2	1	₹0.4700
Sept. 30, 2025	82	2	2	₹0.6400
June 30, 2025	78	2	—	₹0.6400
March 31, 2025	91	1	—	₹6.8700
Dec. 31, 2024	89	58	58	₹24.8400
Sept. 30, 2024	74	3	3	₹1.4200
June 30, 2024	94	4	4	₹1.6500
March 31, 2024	98	6	6	₹2.7200
Dec. 31, 2023	99	5	5	₹1.9400
Sept. 30, 2023	80	21	21	₹9.1500
June 30, 2023	83	2	2	₹0.8700

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	92	93	88	82	78	91	89	74	95	98	100	81	83
Operating revenue	91	92	87	82	78	91	89	74	94	98	99	80	83
Other income	0	0	0	0	0	0	0	0	0	0	1	0	0
Operating expenses	87	91	85	79	75	89	86	70	89	90	94	77	79
Operating profit	4	2	2	3	3	2	3	4	5	7	6	4	4
Operating profit margin	4.2%	1.8%	2.7%	3.3%	3.9%	1.9%	3.5%	5.5%	5.3%	7.6%	5.8%	4.4%	4.5%
Depreciation	1	1	1	1	1	1	1	1	1	1	1	1	1
Interest	0	0	0	0	0	0	0	0	1	1	1	1	1
Exceptional items, gain / (loss)	—	—	—	—	—	-0	56	-0	0	-0	-0	19	-0
Profit before tax	3	1	2	2	2	1	58	3	4	6	5	21	2
Tax	1	1	0	0	0	-17	—	—	—	—	—	—	—
Net profit	2	—	1	2	—	—	58	3	4	6	5	21	2
EPS	0.75	0.11	0.47	0.64	0.64	6.87	24.84	1.42	1.65	2.72	1.94	9.15	0.87
Net profit (TTM)	—	—	—	—	—	—	71	18	36	34	31	29	12
EPS (TTM)	1.97	1.86	8.62	32.99	33.77	34.78	30.63	7.73	15.46	14.68	13.08	12.28	4.95

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	16.0%	-11.0%	341^†	349^†	362^†	219^†	242^†	610^†	766^†	561^†	468^†	344^†
Operating revenue	16.3%	-11.0%	340^†	348^†	360^†	216^†	242^†	610^†	766^†	560^†	467^†	344^†
Other income	—	—	1^†	1^†	2^†	3^†	0^†	0^†	0^†	0^†	0^†	0^†
Operating expenses	—	—	330^†	334^†	340^†	—	231^†	600^†	757^†	549^†	480^†	—
Operating profit	—	-0.7%	10^†	14^†	20^†	—	11^†	10^†	9^†	11^†	-13^†	—
Operating profit margin	—	—	2.9%^†	4.0%^†	5.7%^†	—	4.6%^†	1.7%^†	1.1%^†	2.0%^†	-2.8%^†	—
Depreciation	—	—	3^†	3^†	3^†	3^†	6^†	22^†	6^†	5^†	5^†	5^†
Interest	—	—	1^†	2^†	4^†	—	0^†	0^†	0^†	0^†	1^†	—
Exceptional items, gain / (loss)	—	—	0^†	56^†	19^†	-0^†	0^†	-23^†	0^†	0^†	0^†	14^†
Profit before tax	-17.9%	—	7^†	66^†	34^†	12^†	5^†	-35^†	3^†	6^†	-19^†	-13^†
Tax	—	—	2^†	—	—	—	—	—	—	—	—	—
Net profit	—	—	—	—	34^†	12^†	5^†	-35^†	3^†	6^†	-19^†	-13^†
EPS	-29.1%	—	1.86^†	34.78^†	14.68^†	5.22^†	2.13^†	-14.90^†	1.50^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	2.9%^†	4.0%^†	5.7%^†	—	4.6%^†	1.7%^†	1.1%^†	2.0%^†	-2.8%^†	—
EBIT margin	2.3%^†	19.4%^†	10.6%^†	—	2.1%^†	-5.7%^†	0.5%^†	1.1%^†	-3.8%^†	—
PBT margin	2.0%^†	18.9%^†	9.5%^†	5.6%^†	2.0%^†	-5.7%^†	0.5%^†	1.1%^†	-4.0%^†	-3.9%^†
Net margin	—	—	9.5%^†	5.6%^†	2.0%^†	-5.7%^†	0.5%^†	1.1%^†	-4.0%^†	-3.9%^†
Interest coverage	7.03x^†	36.94x^†	9.80x^†	—	59.75x^†	-901.23x^†	29.36x^†	31.07x^†	-24.04x^†	—
Dividend payout	—	—	—	—	—	—	—	—	—	—
Earnings retention	—	—	—	—	—	—	—	—	—	—
Current ratio	1.11x	0.92x	—	—	—	—	—	—	—	—
Quick ratio	0.64x	0.52x	—	—	—	—	—	—	—	—
Debt to equity	0.21x	0.18x	—	—	—	—	—	—	—	—
Return on equity	—	—	—	—	—	—	—	—	—	—
Return on assets	—	—	—	—	—	—	—	—	—	—
Return on capital employed	12.3%^†	137.6%^†	—	—	—	—	—	—	—	—
Asset turnover	2.58x^†	2.98x^†	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	-5	-7	14	1	-6
March 31, 2025	20	-4	-10	4	17

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	132	55	27	4	7	75	68	10	29	32
March 31, 2025	117	40	15	0	7	63	68	9	31	27

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.