What we do Modern Dairies Ltd manufactures and markets dairy products including packed liquid milk, milk powders, infant milk food, ghee, butter, lassi, paneer, cheese, and lactose in India and select international markets. |
Founded in 1,992 |
Market share Emerging player focusing on growing fresh dairy, cultured products and milk nutritional ingredients market segments in India. |
Problem solved Provides high-quality, nutritious dairy products ensuring food safety and supporting local dairy farmers through extensive milk procurement infrastructure. |
Top clients or who we serve Supplies to multinational food companies, retailers, and consumers primarily within India and select international markets (B2B and B2C). |
Key management Krishan Kumar Goyal (Chairman & Managing Director) with professional leadership maintaining steady growth and operational improvements. |
Our journey and innovations Founded 1992, overcame financial challenges via rehabilitation; expanded product line to include traditional and value-added dairy products; ISO and WHO certifications attained; continuous infrastructure enhancements. |
Where we operate Primarily domestic Indian market (Haryana, Punjab, Delhi) with exports to select international regions. |
Top products or what we offer Packed liquid milk, skimmed and whole milk powder, infant milk food, pure ghee, butter, lassi, paneer, cheese, pharma grade lactose. |
Top brands No specific flagship brand names disclosed; key product lines include pasteurised milk, table butter, pure ghee, set curd, and pharma-grade lactose with certifications ensuring market acceptance. |
Raw materials needed Raw milk primarily sourced from local dairy farmers; other ingredients vary by product type. |
Raw materials supplier Local milk suppliers in Haryana, Punjab, and adjoining areas; direct procurement through established milk chilling centers. |
Recurring vs cyclical contribution Revenue driven mainly by recurring sales of dairy products; some seasonality due to milk availability and agricultural cycles. |
Our industry position Growing niche segments such as fresh and cultured dairy; recognized supplier to large multinational food companies; focusing on quality and food safety standards for competitive edge. |
Financial highlights Revenue approx. Rs.348 crore and Net Profit Rs.83 lakh in FY 2024-25; faced margin pressure due to high raw milk prices. |
Geographical revenue split Domestic India generates over 97% of revenues; minimal international sales under 3%. |
Order book - |
Whats driving growth Expansion into cultured dairy, cheese, nutritional ingredients, increasing milk availability, good monsoon impact, and improved procurement infrastructure. |
Our future plans Investing Rs.4.5 crore for new product lines like pasteurised poly pack milk and cheese making, improving production facilities, and augmenting milk procurement capacity. |
Our green promise ISO 14001 certified; effluent treatment plant installed; adherence to environmental standards in manufacturing processes. |
Our people and values Strong governance with board oversight, emphasis on ethics and compliance; employee safety and quality focus; whistleblowing policies in place. |
Key challenges ahead High raw milk prices reducing margins, pending legal milk cess matter, compliance with evolving regulations, and competitive dairy market landscape. |
Interesting facts One of few Indian dairies certified by WHO GMP for pharma grade lactose with USFDA, APEDA export approvals; returned from sick status post rehabilitation. |
Risks and strategy Mitigating raw material cost risks via improved milk procurement; addressing pending legal cases; enhancing product mix toward value-added dairy goods. |
