Hatsun Agro Product Ltd

Hatsun Agro Product Ltd

₹ 1,097 -1.55%
25 Apr 11:43 a.m.
About

Hatsun Agro Product Limited has been in business for over 5 decades and achieved the position of the largest private-sector industry in the Dairy sector manufacturing and marketing Milk and Milk products, Ice-Cream, etc. [1] It was incorporated by Mr. R G Chandramogan, who has been in the dairy business for more than 30 years. [2] Its journey began with Arun Icecreams. [3]

Key Points

Products and Brands
Hatsun Agro manufactures and markets:

  1. Milk and Curd : Under the brand names “Arokya” and “Hatsun”. It has a HAP Daily store distribution network of 2500 outlets.

  2. Ice Creams : Under the brand names “Arun"(dominant position across South India) and new premium segment "IBACO". IBACO has a distribution network of 151 Stores.

  3. Cattle Feed : Under the brand name “Santosa”

  4. Ready To Eat : Under the new brand name “Oyalo” (100% vegetarian pizzas)

It also has a store distribution network of 949 outlets of HAP Daily (Icecream retail and distribution) and Oyalo together. [1] [2]

  • Market Cap 24,432 Cr.
  • Current Price 1,097
  • High / Low 1,233 / 836
  • Stock P/E 8,982
  • Book Value
  • Dividend Yield 0.54 %
  • ROCE 11.8 %
  • ROE 5.15 %
  • Face Value 1.00

Pros

Cons

  • Company has low interest coverage ratio.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: FMCG Industry: Food - Processing - Indian

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2008 Jun 2009 Sep 2009
533.15 250.33 282.82
500.27 233.57 266.69
Operating Profit 32.88 16.76 16.13
OPM % 6.17% 6.70% 5.70%
1.59 0.84 0.75
Interest 11.14 5.17 5.97
Depreciation 11.16 5.25 5.92
Profit before tax 12.17 7.18 4.99
Tax % 20.30% 37.05% -3.81%
9.70 4.52 5.18
EPS in Rs
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010
1,013 1,141
953 1,078
Operating Profit 60 63
OPM % 6% 5%
2 4
Interest 21 28
Depreciation 22 27
Profit before tax 20 12
Tax % 40% 76%
12 3
EPS in Rs
Dividend Payout % 17% 37%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 13%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -76%
Stock Price CAGR
10 Years: 23%
5 Years: 17%
3 Years: 13%
1 Year: 32%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 5%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010
Equity Capital 7 7
Reserves 45 47
Preference Capital 5 0
230 314
78 98
Total Liabilities 359 466
166 322
CWIP 128 33
Investments 0 0
65 111
Total Assets 359 466

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010
56 42
-140 -85
79 51
Net Cash Flow -6 8

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010
Debtor Days 3 4
Inventory Days 14 24
Days Payable 18 20
Cash Conversion Cycle -1 8
Working Capital Days -1 6
ROCE % 12%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.07% 74.12% 74.12% 74.26% 74.26% 73.00% 73.00% 73.11% 73.11% 73.11% 73.11% 73.15%
3.53% 4.36% 4.33% 4.25% 4.23% 4.17% 4.18% 4.06% 4.07% 3.04% 2.90% 2.86%
6.68% 6.85% 6.80% 6.67% 6.62% 8.15% 8.25% 8.40% 8.54% 9.54% 9.70% 9.81%
15.73% 14.67% 14.76% 14.81% 14.89% 14.68% 14.57% 14.43% 14.28% 14.32% 14.28% 14.18%
No. of Shareholders 24,57225,40729,69430,64932,68031,67430,49029,96529,63026,36526,38225,541

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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