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Hatsun Agro share price & results

Hatsun Agro· Fast Moving Consumer Goods

Results to
Sept 2026
Latest analysed call
Q1 FY26
Ownership as of
Sept 2026

Private-sector dairy company selling milk, curd, paneer, ice cream and confectionery under owned brands.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue2,898 ₹ crore+19.4% YoYQuarterly, as filedQuarter to Sept 2026Revenue from operations as filed.
Operating margin11.0 %−2.0 pts YoYOperating profit / revenueQuarter to Sept 2026For the quarter; a change is in percentage points.
Net profit116 ₹ crore+5.5% YoYQuarterly, as filedQuarter to Sept 2026Profit after tax as filed.
Return on equity19.08 %+0.4 ptsFY Mar 2025 vs FY Mar 2024Trailing twelve monthsTTM to Dec 2025Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow marginUnavailable+15.0 ptsFY Mar 2025 vs FY Mar 2024Fiscal yearFY · period unavailableNot in the analysed materials. No older figure is substituted.
Revenue growth (YoY)13.18 %−3.7 ptsFY Mar 2025 vs FY Mar 2010Trailing twelve monthsTTM to Dec 2025Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Sept 2026

Guidance

What management said, and what became of it

2 of 8 judged targets kept · 2 open · verdicts reflect calls analysed to Q1 FY26.

Hatsun Agro management guidance track record on Inve: 10 targets tracked across analysed earnings calls (2 achieved, 6 missed, 2 open).

TargetOriginal wordingSaidLatest callVerdict
Revenue GrowthDouble digit for FY24Q1 FY24Q1 FY26:Interviewer confirms past performance: 'I saw that the CAGR growth there had been around 12 to 13 odd%.'
Call transcript, Q1 FY26 · 4 Sept 2025		Achieved
Annual Revenue Growth20% for FY23Q1 FY23Q1 FY26:Not addressed.
Call transcript, Q1 FY26 · 4 Sept 2025		Ghosted
Top line growth20% for 'Next Year' (FY26)
Call transcript, Q1 FY26 · 4 Sept 2025		Q1 FY26Q1 FY26:I expect next year we can expect a growth of 20% in my opinion.
Call transcript, Q1 FY26 · 4 Sept 2025		New

Source: Inve Guidance Tracker for Hatsun Agro · to Q1 FY26

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

6 of Hatsun Agro's 10 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 7 more targets are in the full ledger.

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Price

₹983.7 −1.72% · −₹17.2

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance +8.9% 1Y

₹0.9k₹1.0k₹1.1k₹1.2k₹1.3kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26

1Y: ₹903.55 on 24 Oct 2025 → ₹983.7. High ₹1,275 (15 Sept 2026), low ₹862.4 (29 Jan 2026).

Previous close
₹1,000.9
Market cap
₹21.9k Cr
52-week range
₹862.4 – ₹1,275
One year
−8.91%
Price to earnings (TTM to Dec 2025)
62.79×
Return on equity (TTM to Dec 2025)
19.08%

Overview

Symbol
NSE:HATSUN
Exchange
NSE
Currency
INR

What Hatsun Agro does

Based on the company's own presentations, annual report and earnings calls.

Hatsun Agro Product (HAP) is a Tamil Nadu-based private dairy company that sources milk from over 5 lakh farmers through a network of 13,100+ collection points and 1,450+ village-level Active Bulk Coolers, then processes it into packaged milk, curd, paneer, butter and related dairy products sold under its Arokya and Hatsun brands. It also runs an ice cream and desserts business under Arun Icecreams and the ibaco parlour chain, alongside chocolate (Havia), confectionery (Hanobar), dessert toppings (Dako) and flavoured whey drinks (Aniva). A cattle-feed unit under the Santosa brand supplies nutrition products back to the same farmers who supply it milk. The group distributes its full product range directly to consumers through the HAP Daily retail format, which has grown to 4,000+ outlets across 16 states and union territories.

Segments

  • Dairy Products
  • Ice Cream & Desserts
  • Cattle Feed
  • Retail
Milk collection points
13,100+
Farmer base supplying milk
5 lakh+ farmers
Active Bulk Coolers (village-level milk chilling points)
1,450+ locations
HAP Daily retail outlets
4,000+ outlets
Geographic footprint of HAP Daily retail
16 states/UTs including Tamil Nadu, Karnataka, Telangana, Andhra Pradesh, Maharashtra, Kerala, Odisha and the Andaman Islands
Consumer brand portfolio
10 brands spanning dairy, ice cream, chocolate, cattle feed and desserts
Company website

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