5nance5nance
5nance5nance
HomeScreens
LOGINGET FREE ACCOUNT

Hatsun Agro Product Ltd.

•
hap.inBSE: 531531NSE: HATSUN
Market Cap₹ 26,556 Cr.
Current Price
High / Low₹ 1,222 / 855
Stock P/E71.4
Book Value₹ 93
Price to Book10.54
Dividend Yield0.50 %
ROCE17.4 %
ROE19.5 %
Face Value₹ 1

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2023 • Milk and Milk Products: 100.0%

AI Sector View

AI GENERATED

Fast Moving Consumer Goods

Hold

Rural demand proxies are mixed. Tractor sales rose 18.0% YoY (2026-07) and 2-wheelers were up 23.0% YoY (2026-06), but rural employment slowed to 1.0% YoY (2026-07), fertiliser sales were 0.0% YoY (2026-05), and food inflation of 5.52% (Jul/26) can pressure household budgets. FPI outflows remain heavy at INR -8081 crore over 3 months to 2026-08-31, limiting upside.

Confidence
62%
View full sector analysis →

PROS

  • Strong cash generation - operating cash flow backs reported profits (CFO/PAT 3.25x)
  • Company has been maintaining a healthy dividend payout of 37.5%
  • Company has a consistent dividend-paying track record
  • Company generates healthy free cash flow
  • Company converts assets efficiently - asset turnover of 1.8x

CONS

  • Stock is trading at 10.5x its book value
  • Company has delivered a poor profit growth of 5.4% over past five years
  • Expensive relative to growth - PEG of 2.5

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Fast Moving Consumer GoodsFMCGConsumer Food
Part ofNIFTY 50NIFTY 500NIFTY LARGEMIDCAP 250NIFTY 100NIFTY 200
S.No.Name
1.NESTLEIND1396.0070.63269192.680.869586.801382.6763781.801157.0498.3523.86
2.VBL411.3041.09139120.780.361525.3615.088650.5720.7720.7327.04
3.BRITANNIA5011.0046.35120699.101.81593.3814.084999.9710.2656.4816.77
4.JUBLFOOD472.9571.9131207.380.25100.036.032569.6513.6625.5619.77
5.HATSUN1192.2076.2426556.050.5060.58—2363.7217.6117.4010.81
6.MILKYMIST279.35169.3221505.580.00646.79—9734.46—13.7914.77
7.ZYDUSWELL565.6095.6217995.170.21118.90-7.041437.0067.544.4216.82
8.DEVYANI135.850.0016749.490.00171.047576.8415805.161064.748.9816.09
9.LTFOODS442.0023.9715348.580.68183.458.873151.8327.9219.7711.26
10.BIKAJI567.2055.0114221.770.2259.471.62734.2615.2621.6513.48
11.MANORAMA2082.9053.3013147.760.0478.6667.55404.0139.5335.0026.29
12.KWIL41.560.009764.900.0050.70354.77878.3099.34—11.77
Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
2,1511,9051,8872,0472,3752,0722,0102,2432,5352,3812,3152,5783,090
1,9131,6871,6751,8172,0451,8311,7962,0182,1652,0512,0582,3422,923
Operating Profit238219213230330241214224370331257235168
OPM %11.06%11.48%11.27%11.22%13.91%11.64%10.66%10.01%14.61%13.89%11.11%9.13%5.43%
21442272934233
Interest34323850464543484337333232
Depreciation97100102111111116117127129136139146151
Profit before Tax10910177711768856592011628860171
Tax %26.51%23.40%25.12%26.44%25.65%26.49%26.46%26.54%26.44%25.63%23.47%14.86%21.67%
Net Profit807857521316441431481206751134
3.603.482.582.345.862.891.841.936.655.403.012.286.00

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
4,1984,2874,7605,3085,5516,3707,2477,9908,7009,95910,364
3,8203,9164,3194,7584,7495,6496,5467,0917,6908,7869,373
Operating Profit3783724415508027217018991,0101,174991
OPM %9.01%8.67%9.27%10.36%14.45%11.32%9.68%11.25%11.61%11.78%9.56%
78696101123201712
Interest708886106108107126154182146134
Depreciation143174201296295311362409470574572
Profit before Tax172119161156404314225358377470480
Tax %21.16%23.46%28.75%28.21%32.35%20.87%26.14%25.32%26.10%24.29%22.48%
Net Profit13591115112274248166267279356372
EPS8.905.887.195.2111.439.887.5412.0012.5115.99—
Dividend Payout %44.96%67.01%55.65%86.40%63.03%52.10%80.58%50.02%47.95%37.53%—

COMPOUNDED SALES GROWTH

10 Years:
11%
5 Years:
12%
3 Years:
11%

COMPOUNDED PROFIT GROWTH

10 Years:
19%
5 Years:
5%
3 Years:
29%

STOCK PRICE CAGR

10 Years:
18%
5 Years:
0%
3 Years:
1%
1 Year:
35%

RETURN ON EQUITY

10 Years:
22%
5 Years:
18%
3 Years:
18%
Last Year:
19%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Corporate actions

2020

Dec 9

1:3

Quarterly Results & Bonus issue inter alia, to consider and approve 1.To Approve Unaudited Financial Results for the quarter ended 30.09.2020; 2. To Forfeit Partly paid up Rights Equity Shares on which Call Money was not paid;3. To approve issue of Bonus Shares; 4. Fixing Record Date for determining Members eligible to vote on Bonus Issue; 5. Private placement of Equity Shares; 6. To approve Appointment of Independent Director; 7. To Approve the Re-constitution of Board by re-designating the Chairman as NED only, appointing the Managing Director as Chairman and appointing the Executive Director as Managing Director; and 8. To Approve the Notice of Postal Ballot.

2016

Jul 13

2:5

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital15151616222222222222
3333507898881,0001,0871,4181,5501,6951,922
9201,3001,0291,3741,5611,8901,7182,1852,0661,413
Trade Payables170171178142140147184188253328
1491952352943957567881,3481,4951,552
Total Liabilities1,5882,0322,2462,7143,1173,9014,1315,2935,5315,237
9911,2171,4081,7561,9292,4102,6152,7673,2743,493
Capital Work in Progress9025923335538423725423828459
000081421303743
2973844033745706095761,452996591
00000001085
Cash & Bank55333645394042537151
154139165185186592623742861995
Total Assets1,5882,0322,2462,7143,1173,9014,1315,2935,5315,237

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
470308410577613682806-711,4501,557
Cash from Investing-569-523-343-537-418-565-441-388-882-435
Cash from Financing162223-31-7-106-8-300474-564-1,130
26-2318-730144-8

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026

Shareholding Pattern

Numbers in percentages

Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
73.1773.1773.1773.1773.1773.1773.1773.1773.17
2.823.293.383.403.393.263.203.133.13
9.8210.179.9910.0810.2210.3610.2810.2610.25
Government0.000.000.000.000.000.000.000.000.00
14.1913.3813.4613.3613.2313.2113.3513.4313.45

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-11
General Updates

2026-09-11 - Hatsun Agro Product Limited has informed the Exchange about ESG Ratings assigned by CRISIL ESG Ratings & Analytics Limited

2026-09-03
Copy of Newspaper Publication

2026-09-03 - Hatsun Agro Product Limited has informed the Exchange about Copy of Newspaper Publication: Newspaper advertisement - Intimating the Notice of 41st Annual General Meeting

2026-09-03
General Updates

2026-09-03 - Hatsun Agro Product Limited has informed the Exchange about Dispatch of letter to members as per Regulation 36(1)(b) of the SEBI (LODR) Regulations

2026-09-02
General Updates

2026-09-02 - Hatsun Agro Product Limited has informed the Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26

2026-09-02
Record Date

2026-09-02 - Hatsun Agro Product Limited has informed the Exchange that Book Closure for the purpose of 41st AGM from 24th September, 2026 to 25th September, 2026

2026-09-02
Shareholders meeting

2026-09-02 - Hatsun Agro Product Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 25, 2026

2026-08-29
Copy of Newspaper Publication

2026-08-29 - Hatsun Agro Product Limited has informed the Exchange about Copy of Newspaper Publication to the Shareholders

2026-08-17
Press Release

2026-08-17 - Hatsun Agro Product Limited has informed the Exchange regarding a press release dated August 17, 2026, titled "Press Release on Arun Icecreams Debuts at New York India Day Parade as US Presence Grows".

2026-08-06
Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-06 - Hatsun Agro Product Limited has informed the Exchange about Schedule of meet

News

Recent coverage and analyst commentary for HATSUN

Loading news…

🤖

AI Stock Analyst

Hatsun Agro Product Ltd.

🔒

Sign in to Chat with AI

Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.

✨ Sign In to Chat

Free 5nance Account

5nance5nance

Stock analysis and screening tool

5nanceAI © 2020-2026

Made with ❤️ in India.

Data provided by Accord Fintech

Terms & Privacy.

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nance5nance

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nanceAI © 2020-2026

Data provided by Accord Fintech

Made with ❤️ in India.

HomeScreens
Login