Hatsun Agro Product Limited

Fast Moving Consumer Goods · Food Products

NSE: HATSUN BSE: 531531

₹1099.00

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Food Products

The largest companies in the same industry by market cap. This company ranks #3 of 96. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Nestle India Limited	252,609	65.4	67.9%	12.3%	—	87	0	27
Britannia Industries Limited	116,339	44.1	49.4%	-19.0%	—	82	0	10
Hatsun Agro Product Limited (this stock)	24,480	65.8	19.9%	20.4%	0.91%	48	8	49
Zydus Wellness Limited	16,315	423.8	3.4%	11.5%	—	50	32	31
Bikaji Foods International Limited	13,083	48.3	14.9%	-28.7%	0.24%	74	22	11
EID Parry India Limited	12,206	—	9.3%	-33.7%	—	40	100	10
Godrej Agrovet Limited	11,995	22.2	20.6%	-10.3%	1.76%	65	20	48
Manorama Industries Limited	11,063	41.9	33.6%	30.5%	—	95	33	48

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹25,763 Cr

EV / EBITDA

21.7x

EV / Sales

2.49x

Market cap / Sales

2.36x

Earnings yield

1.52%

Quarterly Financials

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Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 3,093 Cr, up 21.9% YoY.

↓ Negative

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 134 Cr, down 9.7% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	3,090	171	134	₹6.0000
March 31, 2026	2,578	60	51	₹2.2800
Dec. 31, 2025	2,315	88	67	₹3.0100
Sept. 30, 2025	2,381	162	120	₹5.4000
June 30, 2025	2,535	201	148	₹6.6500
March 31, 2025	2,210	67	50	₹2.2300
Dec. 31, 2024	2,010	56	41	₹1.8400
Sept. 30, 2024	2,072	88	64	₹2.8900
June 30, 2024	2,375	176	131	₹5.8600
March 31, 2024	2,047	71	52	₹2.3400
Dec. 31, 2023	1,887	77	57	₹2.5800
Sept. 30, 2023	1,905	101	78	₹3.4800
June 30, 2023	2,151	109	80	₹3.6000

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	3,093	2,580	2,317	2,385	2,538	2,219	2,012	2,079	2,377	2,049	1,892	1,920	2,153
Operating revenue	3,090	2,578	2,315	2,381	2,535	2,210	2,010	2,072	2,375	2,047	1,887	1,905	2,151
Other income	3	3	2	4	3	8	2	7	2	2	4	14	2
Operating expenses	2,740	2,342	2,058	2,051	2,165	1,982	1,796	1,831	2,045	1,817	1,675	1,687	1,913
Operating profit	351	235	257	331	370	228	214	241	330	230	213	219	238
Operating profit margin	11.3%	9.1%	11.1%	13.9%	14.6%	10.3%	10.7%	11.6%	13.9%	11.2%	11.3%	11.5%	11.1%
Depreciation	151	146	139	136	129	121	117	116	111	111	102	100	97
Interest	32	32	33	37	43	48	43	45	46	50	38	32	34
Exceptional items, gain / (loss)	—	—	—	—	—	—	—	—	—	—	—	—	—
Profit before tax	171	60	88	162	201	67	56	88	176	71	77	101	109
Tax	37	9	21	41	53	18	15	23	45	19	19	24	29
Net profit	134	51	67	120	148	50	41	64	131	52	57	78	80
EPS	6.00	2.28	3.01	5.40	6.65	2.23	1.84	2.89	5.86	2.34	2.58	3.48	3.60
Net profit (TTM)	372	386	385	359	303	285	288	304	318	267	262	247	221
EPS (TTM)	16.69	17.34	17.29	16.12	13.61	12.82	12.93	13.67	14.26	12.00	11.78	11.17	10.10

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	9,959	470	356
March 31, 2025	8,667	386	285
March 31, 2024	7,990	358	267
March 31, 2023	7,247	225	166

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	—	12.3%	9,972^†	8,687^†	8,013^†	—	6,399^†	5,576^†	5,317^†	4,766^†	4,309^†	4,204^†
Operating revenue	11.2%	12.3%	9,959	8,667	7,990	7,247	6,391^†	5,570^†	5,308^†	4,760^†	4,300^†	4,197^†
Other income	—	—	12^†	19^†	23^†	—	7^†	6^†	9^†	6^†	9^†	8^†
Operating expenses	—	—	8,615^†	7,654^†	7,091^†	—	5,683^†	4,791^†	4,758^†	4,319^†	3,929^†	3,771^†
Operating profit	—	11.5%	1,344^†	1,014^†	899^†	—	708^†	779^†	550^†	441^†	371^†	425^†
Operating profit margin	—	—	13.5%^†	11.7%^†	11.3%^†	—	11.1%^†	14.0%^†	10.4%^†	9.3%^†	8.6%^†	10.1%^†
Depreciation	—	—	549^†	465^†	409^†	—	318^†	310^†	296^†	201^†	173^†	146^†
Interest	—	—	146^†	182^†	154^†	—	108^†	110^†	106^†	86^†	88^†	70^†
Exceptional items, gain / (loss)	—	—	0^†	0^†	0^†	—	0^†	0^†	0^†	0^†	0^†	0^†
Profit before tax	28.0%	5.3%	470	386	358	225	289^†	364^†	156^†	161^†	119^†	169^†
Tax	—	—	124^†	101^†	91^†	—	60^†	118^†	44^†	46^†	28^†	35^†
Net profit	29.0%	7.7%	356	285	267	166	—	246^†	112^†	115^†	91^†	133^†
EPS	—	5.3%	17.34^†	12.82^†	12.00^†	—	10.56^†	13.38^†	6.99^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	13.5%^†	11.7%^†	11.3%^†	—	11.1%^†	14.0%^†	10.4%^†	9.3%^†	8.6%^†	10.1%^†
EBIT margin	6.2%^†	6.6%^†	6.4%^†	—	6.2%^†	8.5%^†	4.9%^†	5.2%^†	4.8%^†	5.7%^†
PBT margin	4.7%	4.5%	4.5%	3.1%	4.5%^†	6.5%^†	2.9%^†	3.4%^†	2.8%^†	4.0%^†
Net margin	3.6%	3.3%	3.3%	2.3%	—	4.4%^†	2.1%^†	2.4%^†	2.1%^†	3.2%^†
Interest coverage	4.22x^†	3.13x^†	3.32x^†	—	3.68x^†	4.30x^†	2.48x^†	2.88x^†	2.36x^†	3.40x^†
Dividend payout	34.6%^†	46.8%^†	50.0%^†	—	56.8%^†	29.9%^†	85.8%^†	—	—	—
Earnings retention	65.4%^†	53.2%^†	50.0%^†	—	43.2%^†	70.1%^†	14.2%^†	—	—	—
Current ratio	0.52x	0.64x	—	—	—	—	—	—	—	—
Quick ratio	0.09x	0.08x	—	—	—	—	—	—	—	—
Debt to equity	0.68x	1.22x	—	—	—	—	—	—	—	—
Return on equity	18.3%	16.6%	—	—	—	—	—	—	—	—
Return on assets	8.0%	5.9%	—	—	—	—	—	—	—	—
Return on capital employed	20.2%^†	18.6%^†	—	—	—	—	—	—	—	—
Asset turnover	2.24x	1.79x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	1,557	-435	-1,130	439	1,118
March 31, 2025	1,443	-880	-564	653	790
March 31, 2024	-71	-388	474	535	-607
March 31, 2023	741	-441	-300	471	270
March 31, 2022	576	-565	-8	588	-11

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	4,443	1,945	1,922	657	675	722	1,390	49	3,347	591
March 31, 2025	4,832	1,724	1,702	1,162	934	1,137	1,779	50	3,037	987
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.