1. India Stocks

  2. •

    Consumer non-durables

  3. •

    Food: meat/fish/dairy
Hatsun Agro Product Limited

Hatsun Agro Product Limited

1,072.90
INR
-63.10
(-5.55%)
17.07EPS
53.86P/E
204.76BMarket Cap
Oct 22Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
119.52
140.6
164.11
199.89
203.94
215.89
194.34
252.47
289.65
328.47
358.02
389.84
446.5
476.62
Basic EPS, GAAP
3.93
1.88
2.89
6.46
4.33
5.22
4.12
11.22
9.93
7.54
12
12.52
15.99
17.07
Free Cash Flow per Basic Share
-2.06
-3.22
3.74
-6.7
-12.19
1.08
0.21
4.61
-0.74
12.27
-27.24
35.58
50.19
- -
Dividend per Share
1.5
0.31
2.67
0.87
3.49
4.25
4.25
5.89
5.9
5.88
6
6
6
- -
Book Value per Share
8.64
10.57
11.01
16.64
17.45
36.64
41.19
46.52
50.49
64.64
70.58
77.11
87.3
- -
Tangible Book Value per Share
7.77
9.91
10.53
16.09
16.9
36.07
40.62
45.83
49.76
64.04
70.05
69.63
80.76
- -
Basic Weighted Avg Shares
208
208
210
210
210
220
273
220
219
220
223
223
223
223
Sales/Revenue/Turnover
24,813
29,289
34,386
41,883
42,788
47,518
53,003
55,438
63,535
72,283
79,749
86,836
99,457
106,221
Operating Margin (%)
4.87
3.56
5.74
5.58
4.59
5.25
4.79
9.16
6.49
4.72
6.15
6.22
6.11
5.85
Depreciation Expense
626
894
1,027
1,429
1,736
2,006
2,965
2,950
3,206
3,615
4,095
4,705
5,736
5,807
Net Income, GAAP
817
392
605
1,354
908
1,148
1,123
2,464
2,179
1,659
2,673
2,788
3,562
3,804
Effective Tax Rate (%)
- -
17.31
54.84
21.16
23.46
28.75
28.21
32.35
20.87
26.14
25.32
26.1
24.29
22.95
Profit Margin (%)
3.29
1.34
1.76
3.23
2.12
2.42
2.12
4.44
3.43
2.29
3.35
3.21
3.58
3.58
Working Capital
-2,175
-1,687
-2,017
-4,213
-6,102
-3,577
-4,590
-6,195
-6,114
-4,333
-2,501
-6,663
-6,675
- -
LT Debt
2,453
2,816
2,304
3,694
5,421
5,024
7,874
6,770
9,469
10,418
12,828
12,969
10,578
- -
Total Equity
1,794
2,215
2,307
3,486
3,655
8,047
9,045
10,215
11,088
14,407
15,723
17,176
19,445
- -
Return on Invested Capital (%)
- -
11.74
10.35
17.01
10.3
9.89
8.74
13.77
11.58
8.16
10.07
9.39
11.41
- -
Return on Capital (%)
- -
11.75
10.39
17.42
10.61
10
8.98
12.8
10.58
8.22
10.17
9.63
11.56
- -
Return on Common Equity (%)
52.88
19.54
26.76
46.74
25.44
19.63
13.14
25.58
20.46
13.01
17.74
16.95
19.45
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
7,804
- -
LT Borrowings
- -
6,751
- -
LT Finance Leases
- -
3,827
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
223
223
223
Market Capitalization
217,670
205,675
204,761

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
7,222
- -
Cash, Cash Equivalents & STI
- -
694
- -
Accounts Receivable, Net
- -
48
- -
Inventories
- -
5,915
- -
Total Current Liabilities
- -
13,897
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
7,804
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
27.15%
14.01%
13.21%
Free Cash Flow
-107.04%
-476.86%
41.07%
Net Income, GAAP
29.23%
11.56%
27.76%
Sales/Revenue/Turnover
11.33%
12.43%
14.53%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
23,751
20,721
20,098
22,429
86,836
2026
25,903
- -
23,637
25,776
99,457
2027
30,905
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
5.86
2.89
1.84
1.93
12.52
2026
6.07
- -
2.72
2.28
15.99
2027
6
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
6
2026
- -
- -
- -
- -
6
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Shanmuga Priyan J.
Full Time Employees
11,323
Sector
Consumer non-durables
Industry
Food: meat/fish/dairy
Address
Plot No.14, TNHB Chennai TN India 600119
IPO Date
Jan 5, 1996
Website
hap.in
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Business
Hatsun Agro Product Limited manufactures and markets a wide range of dairy products and cattle feed in India and internationally. The company produces and sells milk, curd, ice creams including bars, cups, shakes, tubs, cones and sandwiches under the Arun brand, fermented dairy products such as yoghurt and dairy-based spreads, kulfi flavours, premium desserts, chocolates, dairy whitener, skimmed milk powder, ghee, paneer and other milk products; it also offers cattle feed under brands including Santosa. Hatsun Agro operates through popular brands such as Arun Icecreams, Arokya Milk, Hatsun Curd, Hatsun Paneer, Hatsun Ghee, Hatsun Dairy Whitener, Ibaco and HAP Daily, with distribution networks in Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Maharashtra, Kerala, Goa, Gujarat, Chhattisgarh, Puducherry and Odisha; it exports dairy ingredients to 42 countries primarily in America, the Middle East and South Asia. Founded in 1970 with roots in ice cream production and formally incorporated as Hatsun Foods Private Limited in 1986, the company is headquartered in Chennai, Tamil Nadu, and maintains 19 manufacturing plants across India including recent facilities in Govindapur for ice cream and chocolate, and Uthiyur and Shirashi for milk products established in 2021. In January 2025, Hatsun Agro acquired 100% of Milk Mantra Dairy for Rs 233 crore to strengthen its presence in eastern India particularly Odisha through the Milky Moo brand; the company plans to launch high-protein dairy products within 3-6 months, expand to 1,200 Arun Ice Cream franchises, 280-300 Ibaco outlets and 5,000 milk and curd outlets over two years, and double exports to Rs 2 billion annually within four years.