10 months ago
Dairy Day Aims for ₹1,000 Crore Revenue
Dairy Day is an ice cream company based in Bengaluru.
They are expecting to make ₹1,000 crore in revenue next year, which is a big increase from ₹820 crore this year.
Most of their sales come from Karnataka and Tamil Nadu, but they are also growing in other states like Andhra Pradesh, Telangana, and Maharashtra.
They plan to expand more in these areas and improve their distribution network.
They have a lot of small shops and distributors, and they want to double that number in the next few years.
They also sell some of their products through quick commerce and modern trade, but most of their sales are through general trade.
They don't plan to raise more money and are well-prepared for growth.
Dairy Day projects ₹1,000 crore revenue in FY26, up from ₹820 crore in FY25.
68% of revenue comes from Karnataka and Tamil Nadu, with significant presence in Andhra Pradesh, Telangana, and Maharashtra.
Company plans to deepen presence in existing markets and double its retail network to 160,000 outlets in three years.
Quick commerce and modern trade contribute 6-7% and 10-12% of revenue, respectively.
Kedaara Capital acquired a significant stake in March 2024, replacing Motilal Oswal Private Equity.
- Who
- Dairy Day, a Bengaluru-based ice cream brand
- What
- Projected to reach ₹1,000 crore revenue in FY26
- Where
- Primarily in Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, and Maharashtra
- When
- FY26 (2025-2026)
- Why
- Strong regional focus and growth momentum
Key facts
- Projected Revenue
- ₹1,000 crore in FY26
- Current Revenue
- ₹820 crore in FY25
- Key Markets
- Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, Maharashtra
- Revenue Growth
- 25% CAGR in existing markets
- Retail Network
- 80,000 outlets and 500 distributors
- Quick Commerce Revenue
- 6-7%
- Modern Trade Revenue
- 10-12%
Quotes
Saurabh Kasat
Director & CFO, Dairy Day Ice Creams
“In the geographies we operate in, we have been growing at a CAGR of almost 25 per cent. Karnataka and Tamil Nadu contribute about 65–68 per cent of our business. The other key markets include Andhra Pradesh, Telangana, and Maharashtra. We have a small presence in Kerala, in a few districts of Odisha, and in Madhya Pradesh. Andhra Pradesh, Telangana and Maharashtra together account for around 30 per cent of our business, with the balance coming from these smaller pockets.”
thehindubusinessline.com
Arvind Ramachandran
Vice President – Marketing, Dairy Day
“Our first priority is to strengthen where we are and go deeper. We are driving distribution, strengthening the network, and aiming to be the first organised ice cream brand consumers pick, especially in upcountry markets.”
thehindubusinessline.com
Sources
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