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Hatsun Agro Product Limited

Hatsun Agro Product Limited

NSE: HATSUN
Packaged FoodsConsumer DefensiveLARGE CAPMCap ₹25.89k Cr
₹1,162.10₹16.50 (+1.44%)

Market Closed • NSE

Market cap₹25.89k Cr
Enterprise value₹27.31k Cr
P/E TTM73.00
Forward P/E43.61
P/B13.34
EPS TTM₹15.92
Forward EPS₹26.65
D/E0.95
Dividend yield0.02%
52W high₹1,349.70
52W low₹855.30
Price chart(1Y)
1Y Return:+27.12% (+₹247.95)
H: ₹1,349.7L: ₹864.5
1W+4.69%
1M-1.65%
3M+25.16%
6M+14.64%
1Y+29.32%
Today at a glance

Day range

₹1,141.30₹1,174.90

52 week range

₹855.30₹1,349.70
Volume20.8K0.66x 20D avg
Free float50.00%-34.00% volume

Hatsun Agro Product Limited closed at INR1162.10 (+1.44%) on volume 0.66x its 20-day average, trading 13.9% below its 52-week high.

Technical analysis
RSI (14)55.9Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹43.96High
SMA 20₹1,134.40BULLISH
SMA 50₹1,109.56BULLISH
SMA 100₹1,008.59BULLISH
SMA 200₹970.32BULLISH
CPR bottom₹1,144.40
Pivot₹1,144.80
CPR top₹1,145.20
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved +162.7% QoQ

2026-05-26

DIVIDEND Announced

Interim Dividend - Rs 10 Per Share

2025-07-24

DIVIDEND Announced

Interim Dividend - Rs 6 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹1.84k Cr₹25.89k Cr7.10%≤ 33%PASS
Non-halal income ratio–₹9.96k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹4.39k Cr₹4.44k Cr98.89%≥ 20%PASS
Receivables ratio–₹4.44k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E73.0021.90
Forward P/E43.61—
P/B13.342.40
EV/EBITDA—18.00
PEG—1.30
Earnings yield1.404.60
Growth & profitability
RevenuePAT
FY24PAT margin 3.30%
FY25PAT margin 3.20%
FY26PAT margin 3.60%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+4.70%
Revenue CAGR 5Y+4.50%
PAT CAGR 3Y+7.70%
PAT CAGR 5Y+5.90%
Operating margin6.45%
Net margin3.39%
Financial health & cash flow
Net debt₹1.79k CrModerate
Interest coverage4.10xEBIT / interest
CFO / PAT4.73x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹1.56k Cr
Capital expenditure–
Free cash flow₹1.12k Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall55/100
Valuation35/100
Profitability50/100
Financial health80/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

High Cash Flow Conversion: CFO/PAT averaged 4.73x over last 3 years

Risks

Stretched Valuation: Trading at a high P/E multiple of 73.0x

Bull case

Market Leadership: Established operational scale in Packaged Foods.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
26 May 2026Dividend₹10.00 / share—26 May 2026
24 Jul 2025Dividend₹6.00 / share—24 Jul 2025
—Annual General MeetingAnnual General Meeting—26 Aug 2024
24 Jul 2024Dividend₹6.00 / share—24 Jul 2024
—Annual General MeetingAnnual General Meeting—01 Sept 2023
27 Jul 2023Dividend₹6.00 / share—27 Jul 2023
08 Dec 2022Rights issueRights 1:30 @ Premium Rs 418/-—07 Dec 2022
—Annual General MeetingAnnual General Meeting—15 Sept 2022
27 Jul 2022Dividend₹6.00 / share—26 Jul 2022
—Annual General MeetingAnnual General Meeting—27 Aug 2021
23 Jul 2021Dividend₹6.00 / share—22 Jul 2021
10 Dec 2020Bonus issue1:3 bonus ratio—09 Dec 2020
—Annual General MeetingAnnual General Meeting—21 Sept 2020
29 Jul 2020Dividend₹4.00 / share—28 Jul 2020
18 Mar 2020Dividend₹2.00 / share—17 Mar 2020
—Annual General MeetingAnnual General Meeting—27 Aug 2019
26 Jul 2019Dividend₹2.00 / share—25 Jul 2019
10 May 2019Dividend₹2.00 / share—09 May 2019
01 Feb 2019Dividend₹2.00 / share—31 Jan 2019
—Annual General MeetingAnnual General Meeting—04 Sept 2018
01 Jun 2018Dividend₹3.00 / share—31 May 2018
—Dividend₹1.00 / share—20 Jul 2017
08 May 2017Dividend₹3.00 / share—05 May 2017
—Dividend₹1.00 / share—12 Aug 2016
14 Jul 2016Bonus issue2:5 bonus ratio—13 Jul 2016
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)42.05%+11.38% latest vs average
Highest delivery55.26%on 14 Oct
Average volume (20D)31.5KTrading-session average
Conviction trendStrengthening+11.38% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Hindustan Unilever Limited
Hindustan Unilever LimitedHINDUNILVR
Open analysis
₹4.45L42.462.32%₹17,341.00₹2,680.00+10.05%-3.18%
ITC Limited
ITC LimitedITC
Open analysis
₹3.30L16.646.06%₹19,114.00₹4,509.00-11.08%-15.61%
Nestlé India Limited
Nestlé India LimitedNESTLEIND
Open analysis
₹2.44L59.830.94%₹6,378.00₹959.00+25.16%+48.22%
Avenue Supermarts Limited
Avenue Supermarts LimitedDMART
Open analysis
₹2.18L69.890.00%₹18,795.00₹860.00+14.88%+11.25%
Varun Beverages Limited
Varun Beverages LimitedVBL
Open analysis
₹1.46L43.050.47%₹8,451.00₹1,525.00+20.44%+15.09%
Britannia Industries Limited
Britannia Industries LimitedBRITANNIA
Open analysis
₹1.15L44.071.87%₹5,000.00₹593.00+8.18%+14.04%
Marico Limited
Marico LimitedMARICO
Open analysis
₹1.02L53.910.51%₹3,957.00₹652.00+22.85%+27.10%
UNITED SPIRITS LIMITED
UNITED SPIRITS LIMITEDUNITDSPR
Open analysis
₹97,987.6558.111.23%₹3,054.00₹539.00+3.67%+28.03%
About Hatsun Agro Product Limited
Hatsun Agro Product Limited

Hatsun Agro Product Limited engages in the manufacture and marketing of milk, milk products, and cattle feed in India and internationally. The company offers ice cream; kulfi flavours; and topping and fermented dairy products, such as yoghurt and dairy-based spreads. It also provides dairy whitener, skimmed milk powder, ghee, paneer, curd, cooking and table butter, lassi, buttermilk, yoghurt shakes, cheese spread, juice, and cocoa-based confectionery. The company distributes its products through stores under the Arun Icecreams, Arokya, Hatsun, HAP daily, Ibaco, Hanobar, Havia Chocolates, Milky Moo, Daily Moo, Imiyo, and Santosa brand names. Hatsun Agro Product Limited was founded in 1970 and is headquartered in Chennai, India.

IndiaConsumer Defensive

Questions investors ask
Is Hatsun Agro Product Limited Shariah compliant?

Hatsun Agro Product Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (7.1%) complies with AAOIFI threshold (≤ 33%).

What is Hatsun Agro Product Limited's current valuation relative to peers?

Hatsun Agro Product Limited trades at a P/E of 73.0x compared to the sector median of 21.9x, and a Price-to-Book of 13.3x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.95x. Interest coverage is 4.1x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 4.5% while net profit growth averaged 5.9%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.