Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Advertisement to the Shareholders
Hatsun Agro Product Ltd. is a leading Indian dairy company, recognized for its focus on high-quality milk and milk-based products. The company is headquartered in Chennai, Tamil Nadu, and operates a robust network of procurement, processing, and distribution facilities, primarily across South and West India.
Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Advertisement to the Shareholders
Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press release on Arun Icecreams Debuts at New York India Day Parade as US Presence grows
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Intimation of Investor/Analysts meet
Announcement under Regulation 30 (LODR)-Press Release / Media Release
News Article of the Company published in the Hindu Business Line
Hatsun Agro Product Ltd
About
Hatsun Agro Product Ltd. is a leading Indian dairy company, recognized for its focus on high-quality milk and milk-based products. The company is headquartered in Chennai, Tamil Nadu, and operates a robust network of procurement, processing, and distribution facilities, primarily across South and West India.
Its products include fresh milk, curd, ice cream, ghee, paneer, milk powder, and other value-added dairy derivatives, marketed under flagship brands such as Arokya, Arun Icecreams, Hatsun curd, and Ibaco.
Hatsun Agro manages an extensive cold chain and logistics network, enabling it to reach millions of retail points, particularly in semi-urban and rural regions. The company emphasizes backward integration with direct milk collection from farmers, supporting quality assurance and supply chain reliability. Commitment to innovation, product diversification, and rural engagement has established Hatsun as a prominent player in India's organized dairy sector.
Business Model & Strategy
Hatsun Agro Product Ltd earns revenue primarily through the processing and sale of fresh milk and a diverse portfolio of dairy products, distributed widely through its proprietary and third-party retail channels. Revenue streams are balanced across fresh, long-life, and value-added categories, targeting households, institutions, and foodservice clients. The company employs a farmer-centric procurement model, directly sourcing milk from a network of over 400,000 farmers via bulk milk coolers and chilling centers, which enhances both traceability and rural engagement.
Strategically, Hatsun Agro focuses on expanding capacity, strengthening distribution, and launching new product variants with a special emphasis on premium and ready-to-consume segments. Investments in automated plants, cold chains, and digital farmer support platforms drive operational efficiency and long-term volume growth. Its growth vectors include deepening rural market penetration, scaling exports of select products, and leveraging brand strength to introduce higher-margin, value-added SKUs.
Management Overview
10 MembersMr.R G CHANDRAMOGAN
Non-Executive - Non Independent Director-ChairpersonMr.C SATHYAN
Executive DirectorHRamachandran
Chief Financial OfficerMr.J SHANMUGA PRIYAN
Executive Director-MDMr.K S THANARAJAN
Non-Executive - Non Independent DirectorMr.S SUBRAMANIAN
Non-Executive - Independent DirectorMr.V R MUTHU
Non-Executive - Independent DirectorMrs.ARCHANA NARAYANASWAMY
Non-Executive - Independent DirectorMrs.BHARATHI BASKAR
Non-Executive - Independent DirectorMr.C Subramaniam
Company Secretary & Compliance OfficerAwards & Recognition
5 Awards- Received the Dun & Bradstreet 'India’s Leading Milk & Dairy Product Company' distinction (2024)
- Featured in ET 500 and Fortune India Next 500 for consistent performance (2023–24)
- Awarded 'Trusted Brand' in dairy category by Reader’s Digest Asia (2024)
- Ranked among top 10 most valuable dairy brands in India by Brand Finance (2024)
- Consistent CRISIL A1+ rating for short-term borrowings reflecting robust credit profile (2024)
Market Information
This stock in not included in any Index
Company Timeline
54+ Years of Excellence | 7 Major Milestones
Company founded by R.G. Chandramogan in Chennai, Tamil Nadu
Public listing on Indian stock exchanges
Launched the Arokya milk brand
Expanded Arun Icecreams across South India
Launched Ibaco premium ice cream parlors
Commissioned new greenfield dairy plants and expanded capacity
Enhanced digital milk procurement and e-commerce channels; recognized for rural empowerment initiatives
The Next Evolution
Contact Information
Registered Office
No. 41(49), Janakiram Colony Main Road, Janakiram Colony, Arumbakkam
Tel: 044-24501622,
Fax: 044-24501422,
Email: secretarial@hatsun.com
Website: hap.in
Registrars
Integrated Registry Management Services Pvt. Ltd (Integrated Enterprises (India) Ltd)
Tel: 080 - 23460815
Email: irg@integratedindia.in
Corporate Actions
24| Purpose | Ex Date | Record Date | BC Start | BC End |
|---|---|---|---|---|
Interim Dividend ₹10 per share | 26 May 2026 Tuesday | 26 May 2026 Tuesday | - | - |
Interim Dividend ₹6 per share | 24 Jul 2025 Thursday | 24 Jul 2025 Thursday | - | - |
Interim Dividend ₹6 per share | 24 Jul 2024 Wednesday | 24 Jul 2024 Wednesday | - | - |
Interim Dividend ₹6 per share | 27 Jul 2023 Thursday | 27 Jul 2023 Thursday | - | - |
Right Issue of Equity Shares | 07 Dec 2022 Wednesday | 08 Dec 2022 Thursday | - | - |
Interim Dividend ₹6 per share | 26 Jul 2022 Tuesday | 27 Jul 2022 Wednesday | - | - |
Interim Dividend ₹6 per share | 22 Jul 2021 Thursday | 23 Jul 2021 Friday | - | - |
Bonus issue 1:3 | 09 Dec 2020 Wednesday | 10 Dec 2020 Thursday | - | - |
Special Dividend ₹4 per share | 28 Jul 2020 Tuesday | 29 Jul 2020 Wednesday | - | - |
Interim Dividend ₹4 per share | 28 Jul 2020 Tuesday | 29 Jul 2020 Wednesday | - | - |
Interim Dividend ₹2 per share | 17 Mar 2020 Tuesday | 18 Mar 2020 Wednesday | - | - |
Interim Dividend ₹2 per share | 25 Jul 2019 Thursday | 26 Jul 2019 Friday | - | - |
Interim Dividend ₹2 per share | 09 May 2019 Thursday | 10 May 2019 Friday | - | - |
Interim Dividend ₹2 per share | 31 Jan 2019 Thursday | 01 Feb 2019 Friday | - | - |
Right Issue of Equity Shares | 31 May 2018 Thursday | 01 Jun 2018 Friday | - | - |
Interim Dividend ₹3 per share | 31 May 2018 Thursday | 01 Jun 2018 Friday | - | - |
Interim Dividend ₹1 per share | 20 Jul 2017 Thursday | - | 22 Jul 2017 Saturday | 24 Jul 2017 Monday |
Interim Dividend ₹3 per share | 05 May 2017 Friday | 08 May 2017 Monday | - | - |
Interim Dividend ₹1 per share | 12 Aug 2016 Friday | - | 17 Aug 2016 Wednesday | 19 Aug 2016 Friday |
Bonus issue 2:5 | 13 Jul 2016 Wednesday | 14 Jul 2016 Thursday | - | - |
Interim Dividend ₹1.50 per share | 22 Mar 2016 Tuesday | 24 Mar 2016 Thursday | - | - |
Interim Dividend ₹1 per share | 23 Oct 2015 Friday | 26 Oct 2015 Monday | - | - |
Interim Dividend ₹1.50 per share | 20 Jul 2015 Monday | 21 Jul 2015 Tuesday | - | - |
Interim Dividend ₹1.20 per share | 04 Jun 2015 Thursday | 05 Jun 2015 Friday | - | - |
₹26,373 Cr.
₹1,173
₹1,219 / 855
75.76
₹77.11
15.37
₹15.64
₹1.00
0.84 %
Manage Ratio
FINANCIALS
Cash Flow
Consolidated Figures in Rs. Crores
| Annual Balance Sheet | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | - |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | - | - | - | - | - | - | - | - | - | 4,865 | - |
| Equity And Liabilities | - | - | - | - | - | - | - | - | - | 4,865 | - |
Shareholding Pattern
Numbers in Percentages
| Quarterly SHP Announcement Date | Mar 2016 12 Apr '16 | Mar 2017 31 Mar '17 | Mar 2018 31 Mar '18 | Mar 2019 03 Apr '19 | Mar 2020 11 Apr '20 | Mar 2021 19 Apr '21 | Mar 2022 14 Apr '22 | Mar 2023 13 Apr '23 | Mar 2024 17 Apr '24 | Mar 2025 17 Apr '25 | Mar 2026 18 Apr '26 | - |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Goverments | - | - | - | - | - | - | - | - | - | - | - | - |
| Promoter And Promoter Group | - | - | - | 73.54% | 73.58% | 74.07% | 74.26% | 73.11% | 73.15% | 73.17% | 73.17% | - |
| Non Institutions | - | - | - | 17.03% | 16.60% | 15.88% | 14.81% | 14.43% | 14.18% | 13.36% | 13.43% | - |
| FII | - | - | - | - | - | - | - | 4.06% | 2.86% | 3.40% | 3.14% | - |
| DII | - | - | - | - | - | - | - | 8.40% | 9.80% | 10.08% | 10.26% | - |
| Total | - | - | - | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | - |
Hatsun Agro Product Ltd
Hatsun Agro Product Ltd
Hatsun Agro Product Ltd. is a leading Indian dairy company, recognized for its focus on high-quality milk and milk-based products. The company is headquartered in Chennai, Tamil Nadu, and operates a robust network of procurement, processing, and distribution facilities, primarily across South and West India.
Its products include fresh milk, curd, ice cream, ghee, paneer, milk powder, and other value-added dairy derivatives, marketed under flagship brands such as Arokya, Arun Icecreams, Hatsun curd, and Ibaco.
Hatsun Agro manages an extensive cold chain and logistics network, enabling it to reach millions of retail points, particularly in semi-urban and rural regions. The company emphasizes backward integration with direct milk collection from farmers, supporting quality assurance and supply chain reliability. Commitment to innovation, product diversification, and rural engagement has established Hatsun as a prominent player in India's organized dairy sector.
Hatsun Agro Product Ltd earns revenue primarily through the processing and sale of fresh milk and a diverse portfolio of dairy products, distributed widely through its proprietary and third-party retail channels. Revenue streams are balanced across fresh, long-life, and value-added categories, targeting households, institutions, and foodservice clients. The company employs a farmer-centric procurement model, directly sourcing milk from a network of over 400,000 farmers via bulk milk coolers and chilling centers, which enhances both traceability and rural engagement.
Strategically, Hatsun Agro focuses on expanding capacity, strengthening distribution, and launching new product variants with a special emphasis on premium and ready-to-consume segments. Investments in automated plants, cold chains, and digital farmer support platforms drive operational efficiency and long-term volume growth. Its growth vectors include deepening rural market penetration, scaling exports of select products, and leveraging brand strength to introduce higher-margin, value-added SKUs.
Received the Dun & Bradstreet 'India’s Leading Milk & Dairy Product Company' distinction (2024)
Featured in ET 500 and Fortune India Next 500 for consistent performance (2023–24)
Awarded 'Trusted Brand' in dairy category by Reader’s Digest Asia (2024)
Ranked among top 10 most valuable dairy brands in India by Brand Finance (2024)
Consistent CRISIL A1+ rating for short-term borrowings reflecting robust credit profile (2024)
This stock in not included in any Index
Company founded by R.G. Chandramogan in Chennai, Tamil Nadu
Public listing on Indian stock exchanges
Launched the Arokya milk brand
Expanded Arun Icecreams across South India
Launched Ibaco premium ice cream parlors
Commissioned new greenfield dairy plants and expanded capacity
Enhanced digital milk procurement and e-commerce channels; recognized for rural empowerment initiatives
Peer Comparison
| S.No. | Company Name | CMP (₹) | Market Cap (₹ Cr) | Div Yld (%) | NP Qtr (₹ Cr) | Qtr Profit Var (%) | Sales Qtr (₹ Cr) | Qtr Sales Var (%) | ROCE (%) | ROE (%) | Book Value (₹) | EPS TTM (₹) | TTMPE Ratio (₹) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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Coming Soon
Heatmap View
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Financial Ratios
Premium Feature| Company Name | P/E (TTM) | EPS (₹) | D/E | NPM | GPM | ROE (%) | ROCE (%) | P/B | |||||
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