Hatsun Agro Product logo

Hatsun Agro Product share price

NSE: HATSUNBSE: 531531Food ProductsSmall Cap

Last close ₹1,000.90down ₹72.00 (6.71%)BSE ₹1,002.45

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,072.90.

52-week range of traded prices to 23 Oct 2026
₹855.30Low, 30 Jan 2026₹1,349.70High, 15 Sep 2026
Market cap
₹22,295 Cr339th largest listed
P/E
Earlier quarters restated in the year
P/B
11.3
Dividend yield
1.00%
ROCE
18.1%
Debt to equity
0.64
Volume, NSE
2,21,64735.4% delivered

Share price

Daily closes since Jul 2008, BSE closes Jan 2007 to Jun 2014, adjusted for splits and bonuses. Earlier closes are left out: on 17 Jul 2008 the price changed in a way no corporate action on record explains.

+10.4%over a year · Nifty 500 −9.8%

ResultsDividend20-session average 38,986 shares a day, 41.0% delivered

Results

Standalone, as consolidated accounts are on record for only 1 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Sep 2026, against the quarter beforeFiled 22 Oct

Revenue
₹2,898 Crdown 6.24%
Net profit
₹116 Crdown 13.46%
Net margin
4.0%

Revenue by year

Net profit by year, a loss in red

The years either side of a change of basis do not compare. From the year to Mar 2026, the company's revenue for that year, ₹9,959 Cr, differs from its quarters added, ₹9,808 Cr.

₹ croreDec 2024Filed 17 JanMar 2025Filed 12 JunJun 2025Filed 9 SepSep 2025Filed 27 OctDec 2025Filed 19 JanMar 2026Filed 19 MayJun 2026Filed 21 JulSep 2026Filed 22 Oct
Revenue2,0102,2102,5352,3812,3152,5783,0902,898
Net profit41501481206751134116
Net margin2.0%2.2%5.8%5.0%2.9%2.0%4.3%4.0%
Standalone. The last eight quarters. The latest is shaded.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2026, the company's revenue for the year to Mar 2026, ₹9,959 Cr, differs from its quarters added, ₹9,808 Cr.

Business segments

In the year to Mar 2026 the company reports one business segment, Milk and Milk Products, which carries all its revenue.

Valuation

Today, against the company's own history. Not shown, P/E: a results filing in the last twelve months restated the quarters before it inside its year to date, so the four quarters as the company reported them do not add to a twelve-month profit; the ratio returns once the trailing year no longer holds a quarter from before the restatement. Its history crosses a change of basis in the accounts in the year to Mar 2026: days before it are of the company before the change.PE ratio and valuation history

Price to book

At or below today's level on 9% of 1,984 trading days since Oct 2018.

LowestHighest
Its median14.6Industry median2.6
EV to EBITDA20.0

At or below today's level on 11% of 1,984 trading days since Oct 2018.

LowestHighest
Its median26.5Industry median14.6
Dividend yield

At or below today's level on 89% of 2,477 trading days over the last 10 years.

LowestHighest
Its median0.62%Industry median0.51%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−2.5%+24.8%−23.3%1.7%
3 years+4.1%+28.5%−19.7%1.0%
5 years+5.8%+6.9%−1.9%0.8%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters73.64%
  • Foreign institutions3.06%
  • Indian institutions10.28%
  • Individuals and others13.02%
Holder
CHANDRAMOGAN R GPromoter55.35%
SATHYAN CPromoter9.80%
DEVIGA SURESHPromoter4.43%
MALABAR INDIA FUND LIMITEDForeign portfolio investors, category I1.77%
LALITHA CPromoter1.15%
SRIRAM VAIDYANATHANResident individuals, over ₹2 lakh at face value1.11%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

12 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 1 of the 3 funds that added or cut is an index fund, an ETF or an arbitrage fund: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings

Added
2
Cut
1
Held unchanged
9
Sold out
1
Fund
SBI Mutual Fund logoSBI Focused FundSBI Mutual Fund92,00,0002.01%₹1,011.1 Cr
SBI Mutual Fund logoSBI Midcap FundSBI Mutual Fund30,00,0001.42%₹329.7 Cr
SBI Mutual Fund logoSBI Small Cap FundSBI Mutual Fund29,41,5540.79%₹323.3 Cr
SBI Mutual Fund logoSBI Children's Fund - InvestmentSBI Mutual Fund27,70,0003.83%₹304.4 Cr
SBI Mutual Fund logoSBI Large & Midcap FundSBI Mutual Fund19,12,0000.52%₹210.1 Cr
SBI Mutual Fund logoSBI Conservative Hybrid FundSBI Mutual Fund7,68,2430.84%₹84.4 Cr
Nippon India Mutual Fund logoNippon India Small Cap FundNippon India Mutual Fund5,64,5240.08%₹62.0 Cr
PGIM India Mutual Fund logoPGIM India Small Cap FundPGIM India Mutual Fund1,60,0501.01%₹17.6 Cr
Mahindra Manulife Mutual Fund logoMahindra Manulife Multi Cap FundMahindra Manulife Mutual Fund1,27,2570.19%₹14.0 Cr
SBI Mutual Fund logoSBI Long Term Advantage Fund - Series VISBI Mutual Fund90,0003.99%₹9.89 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Dairy Products, 15 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Hatsun Agro Product in market cap.

Hatsun Agro Product is not on the chart: it has no P/E or return on equity today

Return on equity across, P/E up, size is market cap
Company
Milky Mist Dairy FoodMILKYMIST20,920–––––––0.00%
Kwality Wall's (India) logoKwality Wall's (India)KWIL8,111–12.1–––––0.00%
Dodla Dairy logoDodla DairyDODLA5,86023.93.519.4+13.1%−5.0%15.9%11.9%0.51%
Vadilal Industries logoVadilal IndustriesVADILALIND5,00122.85.916.1+30.9%+56.3%28.3%27.7%0.86%
Heritage Foods logoHeritage FoodsHERITGFOOD3,24128.22.914.0+13.9%−33.6%10.5%10.4%0.72%
Parag Milk Foods logoParag Milk FoodsPARAGMILK3,03723.52.413.3+10.9%+8.8%11.4%10.8%0.45%
Vadilal Enterprises logoVadilal EnterprisesVADILENT82360.324.920.3+25.1%–49.3%22.6%0.02%
Sheetal Cool Products logoSheetal Cool ProductsSCPL60329.13.814.6+24.3%+43.4%14.4%17.1%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹16.00 a share, year to Mar 2026.
Ex-dateTypePer share
26 May 2026Interim₹10.00
24 Jul 2025Interim₹6.00
24 Jul 2024Interim₹6.00
27 Jul 2023Interim₹6.00
26 Jul 2022Interim₹6.00
22 Jul 2021Interim₹6.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Hatsun Agro Product share price by year

Each calendar year to 2025.Hatsun Agro Product share price history

YearClose at year endChangeHighest closeLowest close
2025977.20−2.7%1,146.65868.00
20241,004.70−11.8%1,341.95986.90
20231,138.65+25.2%1,226.50800.90
2022909.75−28.0%1,262.15854.10
20211,264.20+74.5%1,479.20695.90
2020724.30+64.7%842.40303.19
2019439.69−5.9%570.98413.06
2018467.14−24.8%656.44429.68
2017621.30+128.0%673.69271.43
2016272.55+22.5%272.55210.24
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20261,055.901,059.70964.101,000.90992.092,21,64735.4%
22 Oct 20261,127.201,135.101,064.001,072.901,097.5644,67235.9%
21 Oct 20261,145.501,165.001,124.001,136.001,139.9130,21644.5%
19 Oct 20261,165.001,165.001,123.201,145.801,142.1941,96744.9%
16 Oct 20261,145.201,174.901,141.301,162.101,161.8820,81053.4%
15 Oct 20261,130.601,170.801,118.001,145.601,152.7358,74231.7%
14 Oct 20261,125.001,143.901,119.601,123.201,128.218,15155.3%
13 Oct 20261,125.001,148.301,103.201,133.601,130.5954,73521.7%
12 Oct 20261,134.101,135.901,102.001,110.001,109.7910,87943.2%
9 Oct 20261,135.201,135.201,113.401,121.801,120.8815,36641.8%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
7 Dec 2022Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
9 Dec 2020Bonus0.7500Holders received 1 bonus share for every 3 held.
31 May 2018Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
13 Jul 2016Bonus0.7143Holders received 2 bonus shares for every 5 held.
26 Mar 2012Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
3 Oct 2011Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
17 Jul 2008Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Where an event has no factor that can be worked out, the chart leaves out the closes before it. Any other event is noted and not adjusted for.

Company details

Legal name
Hatsun Agro Product Limited
NSE symbol
HATSUN
BSE code
531531
ISIN
INE473B01035
Industry
Food Products
Listed
Mar 1996 on BSE, Jun 2014 on NSE
Face value
₹1
CIN
L15499TN1986PLC012747
Corporate identity number, the registrar of companies' code for it