Hatsun Agro Product Limited has delivered exceptional financial performance in the third quarter, showcasing strong operational efficiency across key metrics. The dairy and food products company reported significant improvements in revenue, profitability and operational margins, reflecting robust business fundamentals and effective cost management strategies.

Comprehensive Financial Performance

The company's Q3 results demonstrate substantial growth across multiple financial parameters. Revenue, profit and operational metrics showed strong year-on-year improvements, indicating the company's strengthened market position in the competitive FMCG sector.

Strong Revenue and Profitability Growth

The company achieved revenue of ₹2,314.00 crores in Q3, representing a year-on-year growth of 15.12% from ₹2,010.00 crores in the corresponding quarter of the previous year. Net profit performance was even more impressive, reaching ₹67.10 crores compared to ₹40.90 crores in the same period last year, marking a substantial increase of 64.06%.

Operational Efficiency Improvements

Hatsun Agro Product's EBITDA performance showed solid growth, rising 20.09% to ₹257.00 crores from ₹214.00 crores in the same quarter last year. More importantly, the company improved its EBITDA margin to 11.11% compared to 10.65% in the previous year, indicating enhanced operational leverage and cost optimization measures.

Market Position and Outlook

Operating in the competitive FMCG sector with focus on dairy and food products, Hatsun Agro Product Limited has demonstrated its ability to navigate market challenges while maintaining strong growth momentum. The substantial improvements in revenue, profitability and operational metrics reflect the company's continued focus on business optimization and market expansion strategies in the dairy products segment.

Hatsun Agro Product Limited has received a credit rating upgrade from CRISIL Ratings Limited, enhancing its financial standing in the market. The dairy products company announced this development through a regulatory filing to stock exchanges on January 14, 2026.

Rating Enhancement Details

CRISIL Ratings Limited upgraded the company's credit rating on its bank loan facilities, reflecting improved creditworthiness. The rating enhancement covers substantial financial exposure for the company.

Regulatory Compliance

The company disclosed this information under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication from CRISIL Ratings Limited was received on January 14, 2026, and promptly shared with both BSE Limited and National Stock Exchange of India Limited.

Credit Rating Significance

The upgrade from AA-/Positive to AA/Stable indicates CRISIL's enhanced confidence in Hatsun Agro Product's financial stability and repayment capacity. The 'AA' rating denotes high safety regarding timely servicing of financial obligations, while the 'Stable' outlook suggests the rating is unlikely to change in the near term.

Company Background

Hatsun Agro Product Limited operates in the dairy and food products sector with multiple brand portfolios including Arun Ice Creams, Hatsun dairy products, and various other food brands. The company maintains its registered office in Chennai, Tamil Nadu, and has established a significant presence in the South Indian dairy market.

The rating upgrade on bank loan facilities worth ₹2,120.00 crores demonstrates the company's strengthened financial position and improved credit profile as assessed by CRISIL Ratings Limited.