Hatsun Agro Product Limited (HATSUN) AI Stock Analysis

• Market Cap: ₹198.99B
• Dividend Yield: 0.67%
• Average Volume (3M): 42.96K
• Price to Earnings (P/E): 70.2
• Beta (1Y): 0.53
• Revenue Growth: 8.52%
• EPS Growth: -10.77%
• Country: IN
• Employees: 5,222
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 6.10
• Shares Outstanding: 222,748,260
• 10 Day Avg. Volume: 2,297
• 30 Day Avg. Volume: 42,960
• PEG Ratio: 16.99
• Price to Book (P/B): 11.72
• Price to Sales (P/S): 2.31
• P/FCF Ratio: 25.40
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹971.00
• Price Target Upside: 8.69% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 61 Neutral
• Price Target: ₹942.00 ▲(5.45% Upside)

Hatsun Agro Product Limited's strong financial performance is the most significant factor, supported by consistent revenue growth and solid profitability metrics. However, the technical analysis indicates a bearish trend, and the high P/E ratio suggests potential overvaluation. The lack of earnings call data and corporate events limits further insights.

Hatsun Agro Product Limited Business Overview & Revenue Model

Company Description

Hatsun Agro Product Limited manufactures and markets ice creams, milk, milk products, and cattle feed primarily in India. The company offers standardized, full cream, and toned milk; and curd under the Arokya brand name. It also provides milk, skimmed milk powder, dairy whitener, ghee, paneer cubes, table and cooking butter, and milk beverages under the Hatsun brand name; and ice cream cakes, bars, and shakes, as well as signature cones and chocolates under the Ibaco brand name. In addition, the company offers a range of ice creams, bars, flavoured tubs, and specialty products under the Arun brand; pizzas and cakes under the Oyalo brand name; cattle feed under the Santosa brand name; milk mixes and drinks under the Aniva brand name; and dairy ingredients, as well as milk-based refreshments like milkshakes, yogurt shakes, yogurt toppings, paneer snacks, coffee, and other hot beverages. Further, it offers dairy products through a network of Hatsun Daily outlets. The company distributes its milk and curd products through its logistics and distribution networks in Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, and Maharashtra. It also exports its products to 42 countries, which primarily include the United States, the Middle East, and South Asia. The company operates approximately 3500 owned outlets. Hatsun Agro Product Limited was founded in 1970 and is based in Chennai, India.

How the Company Makes Money

Hatsun Agro Product Limited generates revenue primarily through the sale of its diverse dairy product portfolio. The company's key revenue streams include the sale of packaged milk in various forms, such as liquid milk, curd, and other fermented products, as well as value-added products like ice cream and ghee. HATSUN's extensive distribution network, which includes a mix of retail outlets, franchisee-operated outlets, and direct sales, plays a crucial role in reaching a wide customer base. Additionally, the company benefits from strategic partnerships with farmers for milk procurement and maintains a strong supply chain to ensure product availability and quality. These factors collectively contribute to HATSUN's earnings and market presence.

Hatsun Agro Product Limited Financial Statement Overview

Summary

Hatsun Agro Product Limited demonstrates strong financial performance with consistent revenue growth and solid profitability metrics. The balance sheet is stable but indicates moderate leverage. Cash flow generation is strong, though historical volatility may pose occasional challenges. Overall, the company is well-positioned in the packaged foods industry with opportunities for further profitability enhancements.

Income Statement

Hatsun Agro Product Limited shows a strong revenue growth trajectory with a revenue growth rate of 8.9% for the most recent year. The gross profit margin is robust at 30.7%, indicating efficient cost management. Net profit margin stands at 3.2%, suggesting room for improvement. EBIT and EBITDA margins at 27.8% and 11.6%, respectively, highlight solid operational performance.

Balance Sheet

The balance sheet reflects a moderate debt-to-equity ratio of 1.5, indicating balanced leverage. Return on Equity (ROE) is 16.2%, showing effective use of equity to generate profits. The equity ratio is 35.3%, signifying a stable financial structure but with potential risk due to significant liabilities.

Cash Flow

Free cash flow growth is strong, recovering from negative values to a solid 7.9 billion. Operating cash flow to net income ratio is healthy at 5.2, indicating efficient cash generation relative to net income. However, historical volatility in free cash flow suggests potential cash flow management challenges.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	89.15B	87.00B	79.90B	72.47B	63.54B	55.62B
Gross Profit	25.78B	26.68B	13.39B	20.64B	19.24B	17.41B
EBITDA	10.45B	10.10B	9.22B	7.12B	7.31B	8.04B
Net Income	2.83B	2.79B	2.67B	1.66B	2.18B	2.46B
Balance Sheet
Total Assets	0.00	48.65B	47.35B	37.06B	35.42B	31.17B
Cash, Cash Equivalents and Short-Term Investments	710.10M	710.10M	516.72M	402.27M	379.25M	377.58M
Total Debt	0.00	25.70B	26.98B	17.93B	19.39B	16.22B
Total Liabilities	-17.18B	31.47B	31.62B	22.65B	24.33B	20.96B
Stockholders Equity	17.18B	17.18B	15.72B	14.41B	11.09B	10.22B
Cash Flow
Free Cash Flow	0.00	7.93B	-6.07B	2.70B	-163.25M	1.01B
Operating Cash Flow	0.00	14.50B	-714.57M	7.41B	5.76B	5.18B
Investing Cash Flow	0.00	-8.82B	-3.88B	-4.41B	-5.65B	-4.18B
Financing Cash Flow	0.00	-5.64B	4.74B	-3.00B	-82.22M	-1.06B

Hatsun Agro Product Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 893.35
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HATSUN, the sentiment is Negative. The current price of 893.35 is below the 20-day moving average (MA) of 899.39, below the 50-day MA of 900.69, and below the 200-day MA of 928.81, indicating a bearish trend. The MACD of -4.59 indicates Positive momentum. The RSI at 47.24 is Neutral, neither overbought nor oversold. The STOCH value of 45.93 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:HATSUN.

Hatsun Agro Product Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TATACONSUM	71 Outperform	₹1.14T	85.39	―	0.72%	14.09%	13.85%
VADILALIND	69 Neutral	₹38.66B	27.63	―	0.39%	8.57%	-8.18%
BECTORFOOD	66 Neutral	₹83.55B	59.65	―	0.44%	12.92%	-4.82%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
PARAGMILK	62 Neutral	₹34.15B	28.68	―	0.35%	12.04%	22.26%
HERITGFOOD	61 Neutral	₹44.73B	25.88	―	0.52%	9.83%	-0.92%
HATSUN	61 Neutral	₹198.99B	70.20	―	0.67%	8.52%	-10.77%

Hatsun Agro Product Limited Corporate Events

Hatsun Agro Releases Chairman’s Interview on Company Website

Hatsun Agro Product Limited announced that a video interview with its Chairman, Mr. R G Chandramogan, conducted by NDTV Profit, is now available on the company’s website. This update aligns with regulatory requirements and enhances transparency by providing stakeholders with insights into the company’s operations and strategic direction.