Modern Dairies Ltd. | Small-cap | Consumer Defensive
₹44.13
-1.03%
| Modern Dairies Stock Comparison:
Modern Dairies vs Nestle IndiaModern Dairies vs Britannia IndustriesModern Dairies vs Gujarat AmbujaModern Dairies vs Heritage FoodsModern Dairies vs Gopal SnacksModern Dairies vs NIFTY 50 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Jun 2025

Income Metrics

Revenue 783.0M
Gross Profit 170.0M 21.71%
Operating Income 21.9M 2.80%
Net Income 16.5M 2.11%
EPS (Diluted) ₹0.60

Balance Sheet Metrics

Total Assets 1.2B
Total Liabilities 765.6M
Shareholders Equity 403.6M
Debt to Equity 1.90

Cash Flow Metrics

Revenue & Profitability Trend

Modern Dairies Income Statement From 2021 to 2025

Metric 2025 2024 2023 2022 2021
Revenue i 3.5B 3.6B 2.2B 2.4B 6.1B
Cost of Goods Sold i 2.9B 2.9B 1.6B 1.9B 5.6B
Gross Profit i 611.9M 700.4M 562.5M 492.4M 464.8M
Gross Margin % i 17.6% 19.5% 26.0% 20.5% 7.6%
Operating Expenses
Research & Development i - - - - -
Selling, General & Administrative i 25.0M 23.9M 19.0M 25.3M 43.6M
Other Operating Expenses i 300.0M 329.7M 261.2M 246.4M 216.9M
Total Operating Expenses i 325.0M 353.6M 280.1M 271.7M 260.4M
Operating Income i 109.8M 183.5M 134.5M 46.1M -122.1M
Operating Margin % i 3.2% 5.1% 6.2% 1.9% -2.0%
Non-Operating Items
Interest Income i 989.0K 965.0K 597.0K 616.0K 1.2M
Interest Expense i 18.3M 38.2M 24.8M 823.0K 385.0K
Other Non-Operating Income - - - - -
Pre-tax Income i 657.3M 342.3M 121.6M 49.5M -347.3M
Income Tax i -172.3M 0 0 0 0
Effective Tax Rate % i -26.2% 0.0% 0.0% 0.0% 0.0%
Net Income i 829.6M 342.3M 121.6M 49.5M -347.3M
Net Margin % i 23.9% 9.5% 5.6% 2.1% -5.7%
Key Metrics
EBITDA i 147.5M 221.9M 179.7M 113.7M 332.7M
EPS (Basic) i ₹35.46 ₹14.68 ₹5.21 ₹2.12 ₹-14.89
EPS (Diluted) i ₹35.32 ₹14.68 ₹5.21 ₹2.12 ₹-14.89
Basic Shares Outstanding i 23395477 23319861 23319861 23319861 23319861
Diluted Shares Outstanding i 23395477 23319861 23319861 23319861 23319861

Income Statement Trend

Modern Dairies Balance Sheet From 2021 to 2025

Metric 2025 2024 2023 2022 2021
Assets
Current Assets
Cash & Equivalents i 85.8M 15.5M 2.4M 69.6M 10.8M
Short-term Investments i - - 276.0K - 5.7M
Accounts Receivable i 205.2M 187.5M 189.3M 32.1M 91.9M
Inventory i 273.3M 286.0M 271.6M 141.4M 237.7M
Other Current Assets 4.2M 3.8M 6.5M 11.0M 8.8M
Total Current Assets i 626.9M 535.6M 509.4M 284.9M 388.5M
Non-Current Assets
Property, Plant & Equipment i 310.2M 297.0M 285.6M 297.2M 339.5M
Goodwill i 0 130.0K 220.0K 306.0K 487.0K
Intangible Assets i - 130.0K 220.0K 306.0K 487.0K
Long-term Investments - - - - -
Other Non-Current Assets 1.0K 2.0K 4.0K -1.0K -
Total Non-Current Assets i 542.2M 362.2M 341.8M 332.4M 356.0M
Total Assets i 1.2B 897.8M 851.1M 617.4M 744.5M
Liabilities
Current Liabilities
Accounts Payable i 438.0M 423.1M 329.1M 49.0M 155.5M
Short-term Debt i 0 633.2M 1.3B 1.4B 1.6B
Current Portion of Long-term Debt - - - - -
Other Current Liabilities 30.6M 22.1M 19.0M 18.1M 17.4M
Total Current Liabilities i 678.0M 1.4B 1.8B 1.7B 1.9B
Non-Current Liabilities
Long-term Debt i 72.5M 78.6M 0 - 0
Deferred Tax Liabilities i - - 0 0 0
Other Non-Current Liabilities - - - - 1.0K
Total Non-Current Liabilities i 87.6M 91.6M 12.7M 11.8M 10.9M
Total Liabilities i 765.6M 1.5B 1.8B 1.7B 1.9B
Equity
Common Stock i 256.6M 233.6M 233.6M 233.6M 233.6M
Retained Earnings i -353.5M -1.2B -1.5B -1.6B -1.7B
Treasury Stock i - - - - -
Other Equity - - - - -
Total Shareholders Equity i 403.6M -617.2M -959.2M -1.1B -1.1B
Key Metrics
Total Debt i 72.5M 711.9M 1.3B 1.4B 1.6B
Working Capital i -51.1M -887.8M -1.3B -1.4B -1.5B

Balance Sheet Composition

Modern Dairies Cash Flow Statement From 2021 to 2025

Metric 2025 2024 2023 2022 2021
Operating Activities
Net Income i 95.3M 342.0M 121.3M 50.7M -347.6M
Depreciation & Amortization i - - - - -
Stock-Based Compensation i - - - - -
Working Capital Changes i 35.2M 5.7M -305.0M 156.8M 142.1M
Operating Cash Flow i 145.8M 383.5M -159.3M 206.6M -207.2M
Investing Activities
Capital Expenditures i -36.0M -49.5M -30.3M -19.6M -34.8M
Acquisitions i - - - - -
Investment Purchases i - - - - -
Investment Sales i - - - - 0
Investing Cash Flow i -36.0M -49.5M -30.3M -19.6M -34.8M
Financing Activities
Share Repurchases i - - - - -
Dividends Paid i - - - - -
Debt Issuance i - 78.6M 0 0 0
Debt Repayment i -6.1M -7.7M 0 0 -30.0M
Financing Cash Flow i 187.7M -130.0M 4.2M -3.1M -31.0M
Free Cash Flow i 165.0M 425.0M 120.5M 148.3M 31.7M
Net Change in Cash i 297.5M 204.0M -185.4M 183.9M -273.0M

Cash Flow Trend

Modern Dairies Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 1.31
Price to Book 2.85
Price to Sales 0.35
PEG Ratio -0.02

Profitability Ratios

Profit Margin 24.29%
Operating Margin 2.97%
Return on Equity 205.57%
Return on Assets 70.96%

Financial Health

Current Ratio 0.92
Debt to Equity 17.98
Beta 1.02

Per Share Data

EPS (TTM) ₹34.27
Book Value per Share ₹15.75
Revenue per Share ₹138.54

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
modairy 1.2B 1.31 2.85 205.57% 24.29% 17.98
Nestle India 2.3T 72.66 56.32 79.99% 15.21% 29.11
Britannia Industries 1.4T 65.65 33.17 49.73% 12.02% 28.45
Gujarat Ambuja 48.2B 20.34 1.60 8.30% 4.94% 7.62
Heritage Foods 44.6B 26.17 4.59 19.37% 4.02% 17.95
Gopal Snacks 44.5B 237.52 10.83 4.69% -0.19% 16.43

Financial data is updated regularly. All figures are in the company's reporting currency.