Hatsun Agro Product Ltd (HATSUN) — shareholding pattern, promoter holding, financials and share price

About Hatsun Agro Product Ltd (HATSUN)

Hatsun Agro Product Ltd operates in the Dairy Products industry, within the Fast Moving Consumer Goods sector. It trades on the NSE as HATSUN and on the BSE under scrip code 531531. Its ISIN is INE473B01035.

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]

Hatsun Agro Products Limited is India's largest private sector dairy company, manufacturing and marketing dairy products, ice creams, and cattle feed. The company sells its products under various well-known brands, distributing through over 3,850 retail outlets across several states.

In 2023, Hatsun sold its windmills business, marking a strategic shift towards core dairy and food operations. This decision aligns with its focus on expanding its dairy product lineup and retail reach.

Listed peers in Dairy Products: Kwality Walls India Ltd, Dodla Dairy Ltd, Vadilal Industries Ltd, Heritage Foods Ltd, Parag Milk Foods Ltd, Vadilal Enterprises Ltd.

Valuation & Returns

10 Jul 2026

At ₹904.7 a share on 10 Jul 2026, Hatsun Agro Product Ltd (HATSUN) was valued at a price-to-earnings ratio of 57.85x against an industry P/E of 45.12x and a price-to-book of 11.73x on a book value of ₹77.11 per share as of Mar 2025. Solomo computes return on equity of 20.28% and return on capital employed of 14.72% from filed results. Earnings ratios use consolidated results for the twelve months Mar 2025 to Dec 2025.

P/E
57.85x
Industry P/E
45.12x
P/B
11.73x
EPS (TTM)
₹15.64
Book value / share
₹77.11
ROE
20.28%
ROCE
14.72%
ROA
7.16%
Debt / equity
1.5x
Dividend yield
1.77%
EBITDA margin
12.32%
52-week range
₹731.05 – ₹1,178.8

Ratios are computed from filed results and the last recorded price. Not investment advice.

Financial Performance

Mar 2025

In the year ended Mar 2025, Hatsun Agro Product Ltd (HATSUN) reported revenue of ₹8,700 crore, net profit of ₹279 crore and earnings per share of ₹12.52. That compares with revenue of ₹7,990 crore and net profit of ₹267 crore in Mar 2024. Figures are consolidated, as filed with the exchanges.

In the quarter ended Dec 2025, revenue was ₹2,364 crore and net profit ₹61 crore (consolidated).

Consolidated annual results for Hatsun Agro Product Ltd (HATSUN), Mar 2009 to Mar 2025. Revenue and net profit in ₹ crore; EPS in ₹ per share.
MetricMar 2009Mar 2010Mar 2024Mar 2025
Revenue (₹ cr)1,0131,1417,9908,700
Net profit (₹ cr)123267279
EPS (₹)--1212.52
Compound annual growth for Hatsun Agro Product Ltd (HATSUN). Stock price CAGR is price return and excludes dividends.
Measure10Y5Y3Y1Y
Sales growth10.78%10.30%10.81%8.88%
Profit growth18.81%20.52%4.76%4.32%
Stock price CAGR14%-1%-2%-2%

Ownership Summary

Jun 2026

As of Jun 2026, promoters hold 73.17% of Hatsun Agro Product Ltd (HATSUN) (unchanged from the previous quarter), foreign institutional investors (FII) hold 3.12% and domestic institutional investors (DII) hold 10.26%. Market capitalisation was ₹20,152 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.

Largest disclosed public shareholders in Jun 2026: SBI FOCUSED EQUITY FUND VARIOUS SCHEMES 9.46%, MALABAR INDIA FUND LIMITED 1.69%, SRIRAM VAIDYANATHAN 1.11%. Only stakes above the 1% disclosure threshold are named in filings.

QuarterPromoterPledgedFIIDIIPublic
Jun 202673.17%-3.12%10.26%26.83%
Mar 202673.17%-3.14%10.26%26.83%
Dec 202573.17%-3.2%10.28%26.83%
Sep 202573.17%-3.26%10.36%26.83%
Jun 202573.17%-3.39%10.21%26.83%
Mar 202573.17%-3.4%10.08%26.83%
Dec 202473.17%-3.38%10%26.83%
Sep 202473.17%-3.29%10.17%26.83%
Every quarter since Mar 2001 Filing data, not investment advice.