Hatsun Agro Product Ltd
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]
- 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.
Peer comparison
Sector: FMCG Industry: Food - Processing - Indian
Part of BSE Fast Moving Consumer Goods BSE 250 SmallCap Index BSE 500 BSE SmallCap BSE Allcap
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
8h - Board approved merger of Milk Mantra Dairy with Hatsun Agro to consolidate and enhance operations.
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Board Meeting Outcome for Outcome Of The Board Meeting Held Today - April 28, 2025
9h - Approved FY25 audited results; acquired Milk Mantra for Rs.233 Cr; proposed merger of subsidiary with Hatsun.
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Audited Standalone And Consolidated Financial Results For The Quarter And Financial Year Ended March 31, 2025
9h - Approved FY25 audited results; acquired Milk Mantra for Rs.233 Cr; merger scheme of subsidiary approved.
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Board Meeting Intimation for Considering And Approving The Audited Standalone And Consolidated Financial Results Of The Company For The Quarter And Year Ended 31St March, 2025
19 Apr - Board meeting on April 28 to approve FY25 audited standalone and consolidated results and related reports
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Apr - Certificate under Regulation 74(5) 0f SEBI (Depositories and Participants) Regulations, 2018
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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Apr 2024TranscriptPPTREC
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Apr 2024TranscriptPPTREC
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Jul 2023TranscriptPPT
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May 2023TranscriptPPT
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Apr 2023TranscriptPPT
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Jul 2022TranscriptPPT
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May 2022TranscriptPPT
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Feb 2018TranscriptNotesPPT
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]