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Dodla DairyNSE:DODLA -2.76%88 Net Current Asset Value is ₹57.27 as of Mar. 2026, which is 100% below its 10-year median of 14.18. GuruFocus rates NSE:DODLA with a GF Score™ of 88/100 and a GF Value™ of ₹1,338.82 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 136 Retail - Defensive companies, Dodla Dairy ranks worse than 87.5% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
Dodla Dairy's net current asset value per share for the quarter that ended in Mar. 2026 was ₹57.27.
The historical rank and industry rank for Dodla Dairy's Net Current Asset Value or its related term are showing as below:
NSE:DODLA'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 11.64 Med: 14.18 Max: 18.39
Current: 17.87
During the past 9 years, the highest Price-to-Net-Current-Asset-Value Ratio of Dodla Dairy was 18.39. The lowest was 11.64. And the median was 14.18.
NSE:DODLA's Price-to-Net-Current-Asset-Value is ranked worse than 87.5% of 136
companies
in the Retail - Defensive industry
Industry Median: 3.29
vs NSE:DODLA: 17.87
Dodla Dairy (NSE:DODLA) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
Dodla Dairy Net Current Asset Value Related Terms
Dodla Dairy Net Current Asset Value Historical Data
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The historical data trend for Dodla Dairy's Net Current Asset Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:DODLA vs SYY, USFD, PFGC: Net Current Asset Value Comparison
For the Food Distribution subindustry, Dodla Dairy's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Dodla Dairy Price-to-Net-Current-Asset-Value vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Dodla Dairy's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Dodla Dairy's Price-to-Net-Current-Asset-Value falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Net Current Asset Value of ₹57.27 mean?
Dodla Dairy (NSE:DODLA) has a Net Current Asset Value of ₹57.27 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Dodla Dairy and its competitors. This is 304% above median its historical median of 14.18. Over the past decade, Dodla Dairy's Net Current Asset Value has ranged from 11.64 to 18.39. According to the industry distribution chart, Dodla Dairy ranks #119 out of 136 companies in the Retail - Defensive industry, placing it in the top 87.5%.
Is Dodla Dairy's Net Current Asset Value too high?
Dodla Dairy's current Net Current Asset Value of ₹57.27 is 304% above median its 10-year median of 14.18. Over the past 10 years, this metric has ranged from a low of 11.64 to a high of 18.39. Based on the distribution chart, Dodla Dairy ranks #119 out of 136 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Dodla Dairy has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dodla Dairy's Net Current Asset Value compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Dodla Dairy ranks #119 out of 136 companies for Net Current Asset Value. This places Dodla Dairy in the lower half of its industry. The industry median Net Current Asset Value is 3.29. Historically, Dodla Dairy's own Net Current Asset Value has ranged from 11.64 to 18.39 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Retail - Defensive company?
The median Net Current Asset Value among Retail - Defensive companies is 3.29, based on 136 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Dodla Dairy and its competitors. For the Retail - Defensive industry, the median Net Current Asset Value is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dodla Dairy's current Net Current Asset Value is ₹57.27, which is 304% above median its own 10-year median of 14.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dodla Dairy stock overvalued right now?
Based on GuruFocus' analysis, Dodla Dairy (NSE:DODLA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,338.82, compared to a current price of ₹1,031.90 — trading 22.9% below its estimated fair value. The current Net Current Asset Value is ₹57.27, which is 304% above median its 10-year median of 14.18. Dodla Dairy's overall GF Score™ is 88/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Dodla Dairy (NSE:DODLA), the current Net Current Asset Value is ₹57.27 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Dodla Dairy (NSE:DODLA) Overvalued in 2026?
Based on GuruFocus' analysis, Dodla Dairy stock appears to be undervalued.
The current stock price of ₹1,031.90 is trading 22.9% below its estimated GF Value™ of ₹1,338.82.
GuruFocus considers Dodla Dairy to be Modestly Undervalued.
Key valuation signals for NSE:DODLA:
Net Current Asset Value: ₹57.27 (304% above median its 10-year median of 14.18)
GF Value™: ₹1,338.82 vs. price of ₹1,031.90 (22.9% below fair value)
No single metric tells the full story. See the NSE:DODLA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dodla Dairy Ltd is an integrated dairy company based in south India. The company is engaged in one business segment namely the Food segment. It offers a range of milk products comprising of Fresh Milk, Butter, Ghee, Paneer, Curd, Flavoured Milk, Doodh Peda, Ice Cream, and Skimmed Milk Powder. The group sells the products in India and Outside India, of which key revenue is derived from India.
88GF Score
Get the complete analysis for NSE:DODLA
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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