Hatsun Agro Product Limited (HATSUN) AI Stock Analysis

• Market Cap: ₹208.56B
• Dividend Yield: 0.61%
• Average Volume (3M): 10.36K
• Price to Earnings (P/E): 63.5
• Beta (1Y): 0.65
• Revenue Growth: 10.61%
• EPS Growth: 7.97%
• Country: IN
• Employees: 5,222
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 4.90
• Shares Outstanding: 222,748,260
• 10 Day Avg. Volume: 2,515
• 30 Day Avg. Volume: 10,356
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: ₹953.00 ▼(-2.57% Downside)

Hatsun Agro Product Limited's overall stock score is driven by strong financial performance and bullish technical indicators. However, the high P/E ratio and overbought RSI suggest caution due to potential overvaluation. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a strong market position and effective product demand, supporting long-term business expansion and stability.

Cash Flow Generation

Strong cash flow generation enhances financial flexibility, enabling strategic investments and debt management, crucial for sustained growth.

Profitability Metrics

High gross profit margins reflect effective cost control and pricing power, which are vital for maintaining competitive advantage and profitability.

Negative Factors

Leverage

Moderate leverage can pose risks if not managed well, potentially impacting financial stability and limiting future borrowing capacity.

Net Profit Margin

A low net profit margin indicates potential inefficiencies or high costs, which could hinder profitability and shareholder returns over time.

Earnings Growth

Declining EPS growth reflects challenges in increasing profitability, which may affect investor confidence and long-term valuation prospects.

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 through multiple key streams, primarily by selling a diverse portfolio of dairy products. The company's core revenue comes from the sale of liquid milk, which is supplemented by its extensive range of value-added products such as ice creams, curd, paneer, and cheese. HATSUN's revenue model is supported by a strong distribution network that includes a mix of direct sales to retail outlets and partnerships with local distributors. Significant partnerships with dairy farmers ensure a steady supply of fresh milk, while brand loyalty and widespread recognition of its products enhance sales. Additionally, the company benefits from favorable market trends in the dairy sector, including increased health consciousness among consumers and rising demand for processed dairy products. HATSUN also invests in marketing and promotional strategies to strengthen its market position, further contributing to its earnings.

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: 978.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 978.1 is above the 20-day moving average (MA) of 975.35, below the 50-day MA of 1022.00, and above the 200-day MA of 947.92, indicating a bearish trend. The MACD of -18.38 indicates Positive momentum. The RSI at 31.39 is Neutral, neither overbought nor oversold. The STOCH value of 11.19 is Positive, 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	₹1.16T	85.38	―	0.70%	15.34%	14.67%
VADILALIND	68 Neutral	₹33.40B	24.86	―	0.42%	11.81%	-12.36%
BECTORFOOD	66 Neutral	₹70.82B	51.95	―	0.45%	10.82%	-8.21%
PARAGMILK	65 Neutral	₹33.80B	24.17	―	0.33%	13.73%	32.07%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
HERITGFOOD	62 Neutral	₹41.37B	23.94	―	0.54%	9.83%	-0.92%
HATSUN	61 Neutral	₹208.56B	63.45	―	0.61%	10.61%	7.97%

Hatsun Agro Product Limited Corporate Events

Hatsun Agro to Launch High Protein Dairy Products

Hatsun Agro Product Limited is set to enter the high protein product category within the next 3 to 6 months, as revealed by Chairman R G Chandramogan in an interview with ET Now. This move aligns with the growing consumer interest in protein-rich dairy products and leverages Hatsun’s existing refrigerated supply chain, positioning the company to capture a larger share of the evolving dairy market.