Hatsun Agro Product Ltd (HATSUN)
₹886.85
Mkt cap
₹19,754 Cr
P/E ratio
54.10
P/B
10.16
Div yield
1.13%
ROE
19.40%
ROCE
15.30%
EPS (TTM)
₹16.39
Book value
₹87
52W range
862–1,147
Sector
Fast Moving Consumer Goods
Hatsun Agro Product Limited has been in business for over 5 decades and achieved the position of the largest private-sector industry in the Dairy sector manufacturing and marketing Milk and Milk products, Ice-Cream, etc. [1] It was incorporated by Mr. R G Chandramogan, who has been in the dairy business for more than 30 years. [2] Its journey began with Arun Icecreams. [3]
Health check
Cautious
ValuationExpensive
ProfitabilityStrong
GrowthModerate
TechnicalsBearish
52-week range
−22.66% from high₹887
₹862+2.84% from low₹1,147
Current
₹886.85
Prev close
₹887.90
Day
−0.12%
Price performance
1D
−0.12%
1W
−4.69%
1M
−3.35%
3M
−10.53%
6M
−5.06%
1Y
−6.32%
YTD
−9.12%
Financials
FRevenue, profit & margin
P/E ratio
54.1×
HATSUN is 92% above the sector median of 28.2×
HATSUN54.1×
Sector median28.2×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,151 | 1,905 | 1,887 | 2,047 | 2,375 | 2,072 | 2,010 | 2,243 | 2,535 | 2,381 | 2,364 | 2,578 | 3,090 | |
| Expenses | 1,913 | 1,687 | 1,675 | 1,817 | 2,045 | 1,831 | 1,796 | 2,018 | 2,165 | 2,051 | 2,108 | 2,342 | 2,740 | |
| Operating Profit | 238 | 219 | 213 | 230 | 330 | 241 | 214 | 224 | 370 | 331 | 256 | 235 | 351 | |
| OPM % | 11% | 11% | 11% | 11% | 14% | 12% | 11% | 10% | 15% | 14% | 11% | 9% | 11% | |
| Other Income | 2 | 14 | 4 | 2 | 2 | 7 | 2 | 9 | 3 | 4 | 3 | 3 | 3 | |
| Interest | 34 | 32 | 38 | 50 | 46 | 45 | 43 | 48 | 43 | 37 | 33 | 32 | 32 | |
| Depreciation | 97 | 100 | 102 | 111 | 111 | 116 | 117 | 127 | 129 | 136 | 146 | 146 | 151 | |
| Profit before tax | 109 | 101 | 77 | 71 | 176 | 88 | 56 | 59 | 201 | 162 | 79 | 60 | 171 | |
| Tax % | 27% | 23% | 25% | 26% | 26% | 26% | 26% | 27% | 26% | 26% | 23% | 15% | 22% | |
| Net Profit | 80 | 78 | 57 | 52 | 131 | 64 | 41 | 43 | 148 | 120 | 61 | 51 | 134 | |
| EPS in Rs | 3.60 | 3.48 | 2.58 | 2.34 | 5.86 | 2.89 | 1.84 | 1.93 | 6.65 | 5.40 | 2.72 | 2.28 | 6.00 | |
| Raw PDF |
Earnings
EResults dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +0.77% · closed higher next day 17 of last 47
| Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 20 Oct '23◦ | 20 Jan '24 | 23 Apr '24◦ | 16 Jul '24 | 5 Nov '24 | 17 Jan '25 | 28 Apr '25◦ | 18 Jul '25◦ | 27 Oct '25 | 19 Jan '26 | 19 May '26◦ | 21 Jul '26◦ |
| Earnings day | −0.11% | −2.94% | −0.21% | +3.97% | +7.36% | −6.64% | −4.99% | +2.56% | +19.52% | +2.81% | −0.53% | −3.87% |
| +1 day | −0.52% | −2.28% | −2.21% | +4.14% | +9.29% | −8.17% | −3.68% | +1.05% | +25.23% | +1.10% | −2.42% | −5.70% |
| +5 days | −0.27% | −3.09% | −2.14% | +1.24% | +2.57% | −9.52% | −5.49% | −4.73% | +18.79% | −4.76% | −2.73% | — |
| +15 days | −3.41% | −0.85% | −8.59% | +2.10% | +2.16% | −1.61% | −5.02% | −6.33% | +16.91% | +0.58% | −4.61% | — |
| +30 days | −4.59% | −0.73% | −7.61% | +10.32% | −0.94% | −6.47% | +2.69% | −5.11% | +14.02% | −2.39% | −3.82% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
CLast 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Interim Dividend - Rs 10 Per Share | 10.00 | 26 May '26 | 26 May '26 |
Shareholding
Sas of Jun 202673.17%Promoter
Promoters73.17%
FIIs3.13%
DIIs10.25%
Public13.46%0.03
Ownership trend
Peers
P7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Hatsun Agro | ₹886.85 | 54.07 | 19,754 | 1.13% | 134 | −9.72% | 3,090 | +21.92% | 15.28% |
| Kwality Wall's | ₹32.00 | — | 7,519 | 0.00% | −107 | — | 486 | — | — |
| Dodla Dairy | ₹1,061.20 | 25.27 | 6,402 | 0.47% | 70 | −2.00% | 1,074 | +18.12% | 16.72% |
| Vadilal Inds. | ₹6,710.50 | 31.11 | 4,825 | 0.31% | 55 | +149.36% | 416 | +51.21% | 22.23% |
| Heritage Foods | ₹335.30 | 24.52 | 3,111 | 0.75% | 25 | −38.42% | 1,338 | +17.71% | 14.80% |
| Parag Milk Foods | ₹214.20 | 19.20 | 2,691 | 0.47% | 32 | +23.01% | 945 | +2.95% | 13.52% |
| Vadilal Enterp. | ₹9,810.00 | 80.73 | 844 | 0.02% | −4 | +51.83% | 291 | +30.16% | 27.08% |
| Median: 9 Co. | ₹570.85 | 28.19 | 3,111 | 0.47% | 32 | +37.42% | 486 | +20.02% | 16.36% |
Filings
DAnnual reports15
Financial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013bseFinancial Year 2012bseFinancial Year 2011bse
Concall transcripts12
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Press Release / Media Release 21 Jul - Q1 FY27 revenue rose 19.31% to ₹3,090.49 crore; PAT ₹133.69 crore.Unaudited Financial Results For The Quarter Ended 30Th June, 2026 21 JulBoard Meeting Outcome for Outcome Of Board Meeting Held On 21St July, 2026 21 Jul - Board approved Q1 FY27 results, reappointed chairman and MD, fixed AGM on 25 September 2026, declared Rs10 interim dividend.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 15 Jul - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018Board Meeting Intimation for The Approval Of Unaudited Financial Results For The Quarter Ended 30Th June, 2026 And Other Subjects 13 Jul - Board meets on 21 July 2026 to approve Q1 results and 41st AGM notice; trading window closed until 23 July.


