Mother Dairy chases Rs 24,000 cr by FY27, builds plants in Maharashtra and Bihar to cut Delhi-NCR dependence

Co-op major guides 20% revenue growth in FY27 atop Rs 20,300 cr FY26 (17% YoY). New dairy plants in Maharashtra and Bihar plus a leased Hyderabad facility aim to reduce Delhi-NCR's 63% revenue share. Network spans 9 milk plants, 4 horticulture, 16 edible oil units across 95+ cities.

— Source publishedTue, 2 Jun, 2026, 18:34 IST·First seen Tue, 2 Jun, 2026, 18:39 IST·Source ET Small Business

What happened

Mother Dairy targets 20% revenue growth to Rs 24,000 cr in FY27, building new dairy plants in Maharashtra and Bihar plus a leased Hyderabad facility to reduce

Key facts

  • Rs 24,000 cr FY27 target
  • 20% growth
  • Rs 20,300 cr FY26
  • 17% YoY
  • 55 lakh litres/day milk
  • 35 lakh litres Delhi-NCR
  • 63% revenue from Delhi-NCR
  • 95+ cities
  • 9 milk plants
  • 4 horticulture plants
  • 16 edible oil plants

Why this matters

Capacity buildout in Maharashtra, Bihar, and Hyderabad signals appetite for regional dairy and horticulture tuck-ins that can accelerate the de-risking from Delhi-NCR.