| Quarterly Financials | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
Revenue  | 2,049 | 2,377 | 2,079 | 2,012 | 2,251 | 2,594 | 2,432 |
| Expenses | 1,817 | 2,045 | 1,831 | 1,796 | 2,018 | 2,229 | 2,103 |
| EBITDA | 232 | 333 | 248 | 217 | 233 | 365 | 329 |
| Operating Profit % | 11 % | 14 % | 12 % | 11 % | 10 % | 14 % | 13 % |
| Depreciation | 111 | 111 | 116 | 117 | 127 | 137 | 144 |
| Interest | 50 | 46 | 45 | 44 | 48 | 43 | 38 |
| Profit Before Tax | 71 | 176 | 88 | 56 | 59 | 184 | 148 |
| Tax | 19 | 45 | 23 | 15 | 16 | 49 | 38 |
| Net Profit | 52 | 131 | 64 | 41 | 43 | 135 | 110 |
| EPS in ₹ | 2.34 | 5.86 | 2.89 | 1.84 | 1.93 | 6.07 | 4.92 |
Hatsun Agro Product
Hatsun Agro Product
1,051.70
-0.30
(-0.03%)
Market Cap
₹23,426.44 Cr
PE Ratio
71.87
Volume
82,533.00
Day High - Low
₹1,091.40 - ₹1,045.40
52W High-Low
₹1,186.00 - ₹859.55
Key Fundamentals
Market Cap
23,426.44 Cr
EPS
12.51
PB Ratio
12.92
Book Value
82.11
EBITDA
1,029.70
Dividend Yield
0.57 %
Industry
Food Products Sector
Dairy Products ROE Growth %
-
Debt to Equity
1.60
Analyst Rating and Forecast
- By Refinitiv from2 analysts
Actual
Company News
View All News
CRISIL Ratings Limited reaffirmed Hatsun Agro Products' credit rating at AA-/Positive for bank loan facilities worth Rs. 2,120 crores, with no rating change from previous assessment. The rating reaffirmation indicates maintained creditworthiness for the dairy and food products company's substantial borrowing facilities.
Hatsun Agro Products Chairman RG Chandramogan announced plans to launch high-protein products within 3-6 months during an interview with ET Now. The company operates 4,300 retail outlets and claims to be the top private milk seller in India and among the top two ice cream players. Chandramogan stated the current dairy to value-added products ratio is 55:45, with value-added products expected to grow. The company has invested 1,200 crores in infrastructure over 7-8 years and operates with 100% refrigerated transportation for milk and curd. Hatsun plans to expand Arun Ice Cream outlets from 820-834 to 1,200 within two years and Ibaco outlets from 226 to 280-300. The company achieved 17.5% growth in the latest quarter compared to market growth of 8-10%. Chandramogan emphasized that 98% of their business is value-added, with branded products sold directly to consumers through their retail network.
Hatsun Agro Product Limited Confirms News Article Publication in Hindu Business LineNov 10, 2025
Hatsun Agro Product Limited informed stock exchanges BSE and NSE about a news article published in Hindu Business Line on November 10, 2025. The company filed this disclosure under SEBI listing regulations. The article, titled 'Hatsun earns its place in the sun' and 'Dairy sweepstakes: Hatsun milks the margins,' discusses the company's position as India's largest private dairy company with the highest industry margins. The article mentions the company's performance and market position in the dairy sector.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
1,051.70 | #1 23,426.44 | #7 71.87 | #1 8,719.30 | #6 8.81 | #1 279 | #2 70.30 | 53.87 | |
1,279.80 | 7,720.75 | 28.17 | 3,773.40 | #1 19.68 | 260 | 3.63 | 58.38 | |
482.70 | 4,479.26 | 25.30 | 4,162.50 | 9.37 | 188 | 4.94 | 53.22 | |
332.25 | 3,966.26 | 31.80 | 3,472.50 | 9.76 | 119 | 56.51 | 52.98 | |
5,387.50 | 3,872.44 | 28.67 | 1,255.40 | 10.34 | 150 | -14.36 | 54.58 | |
10,049.00 | 862.11 | 231.74 | 489.80 | 16.70 | 0 | #1 181.58 | 44.37 | |
212.71 | 223.35 | 17.10 | 322.10 | -9.40 | 17 | -30.43 | 36.58 | |
64.42 | 168.20 | -30.54 | 449.60 | 0.74 | 5 | -977.78 | 25.22 | |
41.15 | 109.57 | #1 1.37 | 348.90 | -3.62 | 83 | -48.48 | 44.70 | |
41.30 | 84.32 | -18.40 | 139.20 | 3.49 | 5 | -276.19 | 45.43 |
Automatic Screeners on ScanX
Growth Rate
Revenue Growth
8.81 %
Net Income Growth
4.30 %
Cash Flow Change
2,129.67 %
ROE
-4.53 %
ROCE
3.22 %
EBITDA Margin (Avg.)
2.70 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2024 | 2025 |
| Total Assets | 4,735 | 4,865 |
| Fixed Assets | 2,767 | 3,274 |
| Current Assets | 1,591 | 1,136 |
| Capital Work in Progress | 238 | 284 |
| Investments | 30 | 37 |
| Other Assets | 1,699 | 1,270 |
| Total Liabilities | 4,735 | 4,865 |
| Current Liabilities | 1,841 | 1,802 |
| Non Current Liabilities | 1,322 | 1,346 |
| Total Equity | 1,572 | 1,718 |
| Reserve & Surplus | 1,550 | 1,695 |
| Share Capital | 22 | 22 |
Cash Flow
| Cash Flow | 2024 | 2025 |
| Net Cash Flow | 14 | 7 |
| Investing Activities | -389 | -879 |
| Operating Activities | -71 | 1,450 |
| Financing Activities | 474 | -564 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Jan 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
| Promoter | 74.07 % | 74.07 % | 74.12 % | 74.12 % | 74.26 % | 74.26 % | 73.00 % | 73.00 % | 73.11 % | 73.11 % | 73.11 % | 73.11 % | 73.11 % | 73.15 % | 73.17 % | 73.17 % | 73.17 % | 73.17 % | 73.17 % | 73.17 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 3.04 % | 2.91 % | 2.86 % | 2.83 % | 3.29 % | 3.38 % | 3.40 % | 3.39 % | 3.26 % |
| DIIs | 5.89 % | 6.15 % | 6.48 % | 6.48 % | 6.45 % | 6.38 % | 8.15 % | 8.25 % | 8.35 % | 8.40 % | 8.53 % | 9.54 % | 9.70 % | 9.80 % | 9.82 % | 10.17 % | 10.00 % | 10.08 % | 10.21 % | 10.36 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 14.55 % | 14.40 % | 13.37 % | 13.44 % | 13.42 % | 13.38 % | 8.38 % | 8.35 % | 8.27 % | 8.23 % | 8.06 % | 7.99 % | 7.96 % | 7.50 % | 7.48 % | 7.44 % | 8.93 % | 8.79 % | 8.77 % | 8.50 % |
| Others | 5.49 % | 5.39 % | 6.03 % | 5.96 % | 5.87 % | 5.97 % | 10.47 % | 10.40 % | 10.28 % | 10.26 % | 10.30 % | 6.32 % | 6.32 % | 6.68 % | 6.71 % | 5.94 % | 4.53 % | 4.56 % | 4.46 % | 4.71 % |
| No of Share Holders | 24,811 | 24,572 | 25,407 | 29,694 | 30,649 | 32,680 | 31,674 | 30,490 | 30,683 | 29,965 | 29,630 | 26,365 | 26,382 | 25,541 | 27,006 | 26,404 | 37,677 | 36,665 | 31,256 | 34,727 |
Dividend History
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 4 | 4 | 4 | 4 | 8 | 6 | 6 | 6 | 6 |
| Dividend Yield (%) | 0.00 | 0.8 | 0.76 | 1.05 | 0.56 | 0.76 | 0.71 | 0.59 | 0.62 | 0.57 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
 Rights | 1:16 | 31 May 2018 | 575.36 | 0.00 | |
| 10 Dec 2020 |  Bonus | 1:3 | 09 Dec 2020 | 589.59 | 827.47 |
| 23 Jul 2021 |  Dividend | ₹ 6.00 /share | 22 Jul 2021 | 966.03 | 934.18 |
| 27 Jul 2022 | Dividend | ₹ 6.00 /share | 26 Jul 2022 | 899.96 | 920.92 |
| 08 Dec 2022 | Rights | 1:30 | 07 Dec 2022 | 928.22 | 927.50 |
| 27 Jul 2023 | Dividend | ₹ 6.00 /share | 27 Jul 2023 | 969.60 | 1,001.80 |
| 24 Jul 2024 | Dividend | ₹ 6.00 /share | 24 Jul 2024 | 1,140.70 | 1,200.60 |
| 28 Aug 2024 |  Annual General Meeting | NA | 28 Aug 2024 | 1,140.70 | 1,302.30 |
| 04 Nov 2024 |  Quarterly Result Announcement | NA | 04 Nov 2024 | 1,083.35 | 1,107.75 |
| 16 Jan 2025 | Quarterly Result Announcement | NA | 16 Jan 2025 | 987.25 | 1,060.30 |
| 28 Apr 2025 | Quarterly Result Announcement | NA | 28 Apr 2025 | 944.00 | 926.70 |
| 18 Jul 2025 | Quarterly Result Announcement | NA | 18 Jul 2025 | 981.80 | 945.55 |
| 24 Jul 2025 | Dividend | ₹ 6.00 /share | 24 Jul 2025 | 945.55 | 961.00 |
| 28 Aug 2025 | Annual General Meeting | NA | 28 Aug 2025 | 945.55 | 885.30 |
| 27 Oct 2025 | Quarterly Result Announcement | NA | 27 Oct 2025 | 869.90 | 901.15 |
Announcements
Announcement under Regulation 30 (LODR)-Credit Rating
2 days ago
2 days agoTranscript Of The Interview Given By Mr. R G Chandramogan Chairman Of The Company To ET Now On November 4 2025Nov 10, 2025
Nov 10, 2025News Article Of The Company Published In The Hindu Business Line On November 10 2025Nov 10, 2025
Nov 10, 2025Video Link Of The Interview Given By Mr. R G Chandramogan Chairman Of The Company To ET Now On November 4 2025Nov 05, 2025
Nov 05, 2025Board Meeting Outcome for Board Meeting Outcome For The Meeting Held On 27Th October 2025Oct 27, 2025
Oct 27, 2025Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended 30Th September 2025Oct 27, 2025
Oct 27, 2025ESG Rating Assigned By CFC Finlease Private LimitedOct 15, 2025
Oct 15, 2025Board Meeting Intimation for Considering And Approving The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Half Year Ended 30Th September 2025Oct 15, 2025
Oct 15, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationOct 11, 2025
Oct 11, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 11, 2025
Oct 11, 2025CRISIL ESG RatingsOct 07, 2025
Oct 07, 2025Intimation Regarding Order Of Honble NCLT Cuttack Bench Dispensing With The Shareholders And Creditors Meeting In The Matter Of Application For A Scheme Of Amalgamation Between Milk Mantra Dairy Private Limited And Hatsun Agro Product LimitedSep 27, 2025
Sep 27, 2025News Articles Published In Electronic / Online MediaSep 26, 2025
Sep 26, 2025Closure of Trading WindowSep 25, 2025
Sep 25, 2025News Articles Of The Interview Given By Mr. R G Chandramogan Chairman Of The Company Published In Business Line And Times Of IndiaSep 16, 2025
Sep 16, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptSep 08, 2025
Sep 08, 2025Video Link Of The Interview Given By Mr. R G Chandramogan Chairman Of The Company To NDTV Profit On September 4 2025Sep 04, 2025
Sep 04, 2025Re-Appointment Of Mr. C Sathyan As Executive Vice Chairman Of The CompanyAug 29, 2025
Aug 29, 2025Appointment Of Secretarial AuditorsAug 29, 2025
Aug 29, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportAug 29, 2025
Aug 29, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMAug 28, 2025
Aug 28, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 26, 2025
Aug 26, 2025Video Link Of The Interview Given By Mr. R G Chandramogan Chairman Of The Company To NDTV Profit On August 21 2025Aug 21, 2025
Aug 21, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 02, 2025
Aug 02, 2025Dispatch Of Letter To Members As Per Regulation 36(1)(B) Of The SEBI (LODR) RegulationsAug 01, 2025
Aug 01, 2025Intimation Of Book Closure Date Under Regulation 42 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Aug 01, 2025
Aug 01, 2025Business Responsibility and Sustainability Reporting (BRSR)Aug 01, 2025
Aug 01, 2025Notice Of 40Th Annual General Meeting (AGM) To Be Held On 28Th August 2025 And Annual Report Of The Company For The Financial Year 2024-25Aug 01, 2025
Aug 01, 2025Reg. 34 (1) Annual Report.Aug 01, 2025
Aug 01, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateJul 18, 2025
Jul 18, 2025Corporate Action-Board approves DividendJul 18, 2025
Jul 18, 2025Financial Results For The Quarter Ended June 30 2025Jul 18, 2025
Jul 18, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On July 18 2025Jul 18, 2025
Jul 18, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 15, 2025
Jul 15, 2025Intimation Of Record Date Under Regulation 42 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Jul 12, 2025
Jul 12, 2025Corporate Action-Board to consider DividendJul 10, 2025
Jul 10, 2025Board Meeting Intimation for Considering And Approving - The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter Ended June 30 2025 - Proposal For Declaration Of First Interim Dividend For The Financial Year 2025-26 If AJul 10, 2025
Jul 10, 2025Announcement under Regulation 30 (LODR)-Credit RatingJun 30, 2025
Jun 30, 2025Closure of Trading WindowJun 26, 2025
Jun 26, 2025Announcement under Regulation 30 (LODR)-Scheme of ArrangementMay 23, 2025
May 23, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 12, 2025
May 12, 2025Announcement under Regulation 30 (LODR)-Scheme of ArrangementApr 28, 2025
Apr 28, 2025Board Meeting Outcome for Outcome Of The Board Meeting Held Today - April 28 2025Apr 28, 2025
Apr 28, 2025Audited Standalone And Consolidated Financial Results For The Quarter And Financial Year Ended March 31 2025Apr 28, 2025
Apr 28, 2025Board Meeting Intimation for Considering And Approving The Audited Standalone And Consolidated Financial Results Of The Company For The Quarter And Year Ended 31St March 2025Apr 19, 2025
Apr 19, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 07, 2025
Apr 07, 2025Closure of Trading WindowMar 25, 2025
Mar 25, 2025Announcement under Regulation 30 (LODR)-Updates on AcquisitionMar 25, 2025
Mar 25, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMar 19, 2025
Mar 19, 2025 Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportMar 11, 2025
Mar 11, 2025Mutual Fund Holdings
DSP Midcap Direct Plan-Growth 
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HDFC BSE 500 Index Fund Direct - Growth 
Sundaram Aggressive Hybrid Fund Direct-Growth Technical Indicators
RSI(14)
Neutral 53.87
ATR(14)
Volatile 36.34
STOCH(9,6)
Neutral 29.84
STOCH RSI(14)
Oversold 16.16
MACD(12,26)
Bearish -7.34
ADX(14)
Strong Trend 29.90
UO(9)
Bearish 44.12
ROC(12)
Downtrend And Accelerating -4.46
WillR(14)
Neutral -64.42
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