HATSUN AGRO PRODUCT LTD. (HATSUN) financials

HATSUN AGRO PRODUCT LTD. (HATSUN) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

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]

Market Cap: ₹23,945Cr.
Current Price: ₹1,075
Stock P/E: 65.6
ROE: 19.2%
ROCE: 15.2%
Book Value: ₹87.3
Dividend Yield: 0.91%
52W High / Low: ₹1,350/731

In Jun 2026, HATSUN AGRO PRODUCT LTD. (HATSUN) reported sales ₹3,090 Cr and net profit ₹134 Cr.

Annual TTM: sales ₹10,413 Cr, net profit ₹365 Cr.

Shareholding: Promoters 73.64% (Sep 2026), FIIs 3.06% (Sep 2026), DIIs 10.28% (Sep 2026), Public 13.03% (Sep 2026), No. of Shareholders 26,619% (Sep 2026).

HATSUN quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	2,072	2,010	2,243	2,535	2,381	2,364	2,578	3,090
Expenses	1,831	1,796	2,018	2,165	2,051	2,108	2,342	2,740
Operating Profit	241	214	224	370	331	256	235	351
OPM %	12%	11%	10%	15%	14%	11%	9%	11%
Other Income	7	2	9	3	4	3	3	3
Interest	45	43	48	43	37	33	32	32
Depreciation	116	117	127	129	136	146	146	151
Profit before tax	88	56	59	201	162	79	60	171
Tax %	26%	26%	27%	26%	26%	23%	15%	22%
Net Profit	64	41	43	148	120	61	51	134
EPS in Rs	2.89	1.84	1.93	6.65	5.40	2.72	2.28	6.00
Raw PDF	—	—	—	—	—	—	—	—

HATSUN profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	5,308	5,551	6,370	7,247	7,990	8,700	9,959	10,413
Expenses	4,758	4,749	5,649	6,546	7,091	7,690	8,783	9,241
Operating Profit	550	802	721	701	899	1,010	1,177	1,172
OPM %	10%	14%	11%	10%	11%	12%	12%	11%
Other Income	9	-22	-21	11	23	20	14	12
Interest	106	108	107	126	154	182	146	134
Depreciation	296	295	311	362	409	470	574	579
Profit before tax	156	377	283	225	358	377	470	471
Tax %	28%	35%	23%	26%	25%	26%	24%	—
Net Profit	112	246	218	166	267	279	356	365
EPS in Rs	5.04	11.06	9.78	7.45	12.00	12.52	15.99	16.40
Dividend Payout %	58%	70%	59%	81%	50%	48%	38%	—

HATSUN balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	16	16	22	22	22	22	22	22
Reserves	789	888	1,000	1,087	1,418	1,550	1,695	1,922
Borrowings	1,028	1,434	1,622	1,939	1,793	2,698	2,570	1,838
Other Liabilities	413	376	474	494	472	464	577	660
Total Liabilities	2,246	2,714	3,117	3,542	3,706	4,735	4,865	4,443
Fixed Assets	1,408	1,756	1,929	2,410	2,615	2,767	3,274	3,505
CWIP	233	355	384	237	254	238	284	59
Investments	0	0	8	14	21	30	37	43
Other Assets	605	604	795	881	816	1,699	1,270	835
Total Assets	2,246	2,714	3,117	3,542	3,706	4,735	4,865	4,443

HATSUN cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	375	552	518	576	741	-71	1,450	1,557
Cash from Investing Activity	-343	-537	-418	-565	-441	-388	-879	-435
Cash from Financing Activity	-31	-7	-106	-8	-300	474	-564	-1,130
Net Cash Flow	1	8	-7	3	0	14	7	-8
Free Cash Flow	33	12	105	7	307	-457	805	1,126
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	91%	105%	76%	95%	115%	6%	155%	143%

HATSUN shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	73.17%	73.17%	73.17%	73.17%	73.17%	73.17%	73.17%	73.64%
FIIs	3.38%	3.40%	3.39%	3.26%	3.20%	3.13%	3.13%	3.06%
DIIs	9.99%	10.08%	10.22%	10.36%	10.28%	10.26%	10.25%	10.28%
Public	13.45%	13.35%	13.23%	13.20%	13.35%	13.43%	13.46%	13.03%
No. of Shareholders	37,677	36,665	31,256	34,727	28,734	28,179	28,463	26,619

HATSUN key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	1	1	1	0	0	0	0	0
Inventory Days	44	36	55	50	41	94	60	31
Days Payable	19	14	13	12	13	12	15	17
Cash Conversion Cycle	25	24	42	39	28	83	45	14
Working Capital Days	-30	10	-43	-37	-24	-14	-31	-26
ROCE %	15%	13%	21%	15%	11%	13%	13%	15%

HATSUNUpdated 22 Oct 2026, 15:45

Hatsun Agro Product Ltd.

HATSUNUpdated 22 Oct 2026, 15:45

Market Cap

₹23,945Cr.

Current Price

₹1,075

High / Low

₹1,350/731

Stock P/E

65.6

ROE19.2%

ROCE15.2%

Book Value₹87.3

Face Value₹1.00

Dividend Yield0.91%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	2151	34	1913	2	97	109	27	80	3.6
Sep 2023	1905	32	1687	14	100	101	23	78	3.48
Dec 2023	1887	38	1675	4	102	77	25	57	2.58
Mar 2024	2047	50	1817	2	111	71	26	52	2.34
Jun 2024	2375	46	2045	2	111	176	26	131	5.86
Sep 2024	2072	45	1831	7	116	88	26	64	2.89
Dec 2024	2010	43	1796	2	117	56	26	41	1.84
Mar 2025	2243	48	2018	9	127	59	27	43	1.93
Jun 2025	2535	43	2165	3	129	201	26	148	6.65
Sep 2025	2381	37	2051	4	136	162	26	120	5.4
Dec 2025	2364	33	2108	3	146	79	23	61	2.72
Mar 2026	2578	32	2342	3	146	60	15	51	2.28
Jun 2026	3090	32	2740	3	151	171	22	134	6

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	2933	63	2735	6	94	47	17	39	1.76
Mar 2016	3445	68	3140	5	107	134	55	60	2.72
Mar 2017	4198	70	3820	7	143	172	21	135	6.08
Mar 2018	4287	88	3916	8	174	119	23	91	4.08
Mar 2019	4760	86	4312	-1	201	161	29	115	5.15
Mar 2020	5308	106	4758	9	296	156	28	112	5.04
Mar 2021	5551	108	4749	-22	295	377	35	246	11.06
Mar 2022	6370	107	5649	-21	311	283	23	218	9.78
Mar 2023	7247	126	6546	11	362	225	26	166	7.45
Mar 2024	7990	154	7091	23	409	358	25	267	12
Mar 2025	8700	182	7690	20	470	377	26	279	12.52
Mar 2026	9959	146	8783	14	574	470	24	356	15.99
TTM	10413	134	9241	12	579	471	—	365	16.4

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	73.64%
FIIs	3.06%
DIIs	10.28%
Public	13.03%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Dec 2023	73.11%	2.9%	9.7%	14.28%
Mar 2024	73.15%	2.86%	9.81%	14.18%
Jun 2024	73.17%	2.82%	9.82%	14.2%
Sep 2024	73.17%	3.29%	10.17%	13.38%
Dec 2024	73.17%	3.38%	9.99%	13.45%
Mar 2025	73.17%	3.4%	10.08%	13.35%
Jun 2025	73.17%	3.39%	10.22%	13.23%
Sep 2025	73.17%	3.26%	10.36%	13.2%
Dec 2025	73.17%	3.2%	10.28%	13.35%
Mar 2026	73.17%	3.13%	10.26%	13.43%
Jun 2026	73.17%	3.13%	10.25%	13.46%
Sep 2026	73.64%	3.06%	10.28%	13.03%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	11	211	614	220	1056	632	23	1	399	1056
Mar 2016	11	220	672	255	1157	647	33	0	477	1157
Mar 2017	15	333	919	320	1588	991	90	0	506	1588
Mar 2018	15	350	1299	367	2032	1217	259	0	556	2032
Mar 2019	16	789	1028	413	2246	1408	233	0	605	2246
Mar 2020	16	888	1434	376	2714	1756	355	0	604	2714
Mar 2021	22	1000	1622	474	3117	1929	384	8	795	3117
Mar 2022	22	1087	1939	494	3542	2410	237	14	881	3542
Mar 2023	22	1418	1793	472	3706	2615	254	21	816	3706
Mar 2024	22	1550	2698	464	4735	2767	238	30	1699	4735
Mar 2025	22	1695	2570	577	4865	3274	284	37	1270	4865
Mar 2026	22	1922	1838	660	4443	3505	59	43	835	4443

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	62	-124	76	13
Mar 2016	219	-134	-79	6
Mar 2017	433	-569	162	26
Mar 2018	277	-523	223	-23
Mar 2019	375	-343	-31	1
Mar 2020	552	-537	-7	8
Mar 2021	518	-418	-106	-7
Mar 2022	576	-565	-8	3
Mar 2023	741	-441	-300	0
Mar 2024	-71	-388	474	14
Mar 2025	1450	-879	-564	7
Mar 2026	1557	-435	-1130	-8

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	2	2	4	1	1	1	1	0	0	0	0	0
Inventory Days	43	51	36	45	44	36	55	50	41	94	60	31
Days Payable	18	20	20	20	19	14	13	12	13	12	15	17
Cash Conversion Cycle	27	32	19	26	25	24	42	39	28	83	45	14
Working Capital Days	-24	-24	-41	-55	-30	10	-43	-37	-24	-14	-31	-26
ROCE %	14%	23%	22%	14%	15%	13%	21%	15%	11%	13%	13%	15%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of HATSUN AGRO PRODUCT LTD. (HATSUN)?

The reported market capitalisation for HATSUN AGRO PRODUCT LTD. (HATSUN) is ₹23,945Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of HATSUN?

The current price shown for HATSUN AGRO PRODUCT LTD. (HATSUN) on Fincrux is ₹1,075 with a 52-week high/low of ₹1,350/731.

What is the P/E ratio of HATSUN AGRO PRODUCT LTD. (HATSUN)?

The stock P/E for HATSUN AGRO PRODUCT LTD. (HATSUN) is 65.6 on Fincrux, with ROE at 19.2% and ROCE at 15.2%.

What were HATSUN latest quarterly results?

For Jun 2026, HATSUN AGRO PRODUCT LTD. (HATSUN) reported sales ₹3,090 Cr and net profit ₹134 Cr (figures in ₹ crore unless noted).

What are HATSUN annual sales and net profit?

For TTM, HATSUN AGRO PRODUCT LTD. (HATSUN) shows sales of ₹10,413 Cr and net profit of ₹365 Cr on the Fincrux profit & loss statement.

Who owns HATSUN AGRO PRODUCT LTD. (HATSUN)?

Latest shareholding for HATSUN AGRO PRODUCT LTD. (HATSUN) on Fincrux: Promoters 73.64% (Sep 2026), FIIs 3.06% (Sep 2026), DIIs 10.28% (Sep 2026), Public 13.03% (Sep 2026), No. of Shareholders 26,619% (Sep 2026).

Where can I find HATSUN AGRO PRODUCT LTD. (HATSUN) financials?

HATSUN AGRO PRODUCT LTD. (HATSUN) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show HATSUN balance sheet and cash flow?

Yes. The HATSUN AGRO PRODUCT LTD. (HATSUN) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 22 October 2026 at 15:45