Hatsun Agro Product Ltd

Hatsun Agro Product Ltd

₹ 892 -5.00%
29 Apr 10:52 a.m.
About

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]

Key Points

Product & Brand Portfolio
1) Arun Icecreams: It is South India’s leading ice cream brand, offering ice-cream bars, cups, shakes, tubs, cones, ice-cream sandwiches, etc. [1]

  • Market Cap 19,880 Cr.
  • Current Price 892
  • High / Low 1,400 / 862
  • Stock P/E 71.3
  • Book Value 77.1
  • Dividend Yield 0.69 %
  • ROCE 13.1 %
  • ROE 17.0 %
  • Face Value 1.00

Pros

  • Company's working capital requirements have reduced from 36.6 days to 22.5 days

Cons

  • Stock is trading at 12.2 times its book value
  • Company might be capitalizing the interest cost

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2008 Jun 2009 Sep 2009 Mar 2024 Dec 2024 Mar 2025
533 250 283 2,047 2,010 2,243
500 234 267 1,817 1,796 2,018
Operating Profit 33 17 16 230 214 224
OPM % 6% 7% 6% 11% 11% 10%
2 1 1 2 2 9
Interest 11 5 6 50 43 48
Depreciation 11 5 6 111 117 127
Profit before tax 12 7 5 71 56 59
Tax % 20% 37% -4% 26% 26% 27%
10 5 5 52 41 43
EPS in Rs 2.34 1.84 1.93
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2024 Mar 2025
1,013 1,141 7,990 8,700
953 1,078 7,091 7,690
Operating Profit 60 63 899 1,010
OPM % 6% 5% 11% 12%
2 4 23 20
Interest 21 28 154 182
Depreciation 22 27 409 470
Profit before tax 20 12 358 377
Tax % 40% 76% 25% 26%
12 3 267 279
EPS in Rs 12.00 12.52
Dividend Payout % 17% 37% 50% 48%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 9%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 4%
Stock Price CAGR
10 Years: 19%
5 Years: 20%
3 Years: -3%
1 Year: -14%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 17%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2024 Mar 2025
Equity Capital 7 7 22 22
Reserves 45 47 1,550 1,695
235 314 2,698 2,570
73 98 464 577
Total Liabilities 359 466 4,735 4,865
166 322 2,767 3,274
CWIP 128 33 238 284
Investments 0 0 30 37
65 111 1,699 1,270
Total Assets 359 466 4,735 4,865

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2024 Mar 2025
56 42
-140 -85
79 51
Net Cash Flow -6 8

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2024 Mar 2025
Debtor Days 3 4 0 0
Inventory Days 14 24 94 60
Days Payable 18 20 12 15
Cash Conversion Cycle -1 8 83 45
Working Capital Days -1 6 51 22
ROCE % 12% 13%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
74.26% 73.00% 73.00% 73.11% 73.11% 73.11% 73.11% 73.15% 73.17% 73.17% 73.17% 73.17%
4.23% 4.17% 4.18% 4.06% 4.07% 3.04% 2.90% 2.86% 2.82% 3.29% 3.38% 3.40%
6.62% 8.15% 8.25% 8.40% 8.54% 9.54% 9.70% 9.81% 9.82% 10.17% 9.99% 10.08%
14.89% 14.68% 14.57% 14.43% 14.28% 14.32% 14.28% 14.18% 14.20% 13.38% 13.45% 13.35%
No. of Shareholders 32,68031,67430,49029,96529,63026,36526,38225,54127,00626,40437,67736,665

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls