Hatsun Agro Products Share Price

Hatsun Agro Product Limited, together with its subsidiaries, is a leading private sector dairy company in India. The company is engaged in the manufacturing, processing, and marketing of dairy products such as milk, curd, ice creams, dairy whitener, skimmed milk powder, ghee, and paneer. It also offers cattle feed, artificial insemination, animal husbandry, and animal healthcare services. The company markets its products under well-known brands including Arun Icecreams, Arokya Milk, Ibaco, Hatsun, HAP daily, Milky Moo, Santosa, Hanobar, Havia Chocolates, and Imiyo.

The Hatsun Agro Product share price today on the NSE and BSE is a reflection of how market participants respond to a company’s performance and broader business developments within its industry. It captures the sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator of market perception across various industries.

Market sentiment around theHatsunAgro Product stock price often mirrors shifts in milk and dairy consumption patterns, brand performance, and investor views on the FMCG sector’s growth prospects. Factors such as the pace of new product introductions, competitive intensity, raw material cost inflation (primarily milk procurement prices), and changing consumer preferences influence near-term market valuation and medium-term earnings forecasts. All these factors must be closely monitored to have an idea about theHatsunAgro Product stock price movements.

HatsunAgro Product live share price provides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant ͏monitoring of HatsunAgroProductlive price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market.

Furthermore, monitoring the Hatsun Agro Product share͏ price today helps investors understand real-time market sentiment, price volatility, and trading behaviour. It allows market participants to evaluate short-term performance, identify possible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook.

Hatsun Agro Product Limited Company Fundamentals

A. Company Background

Hatsun Agro Product Limited is an Indian dairy company engaged in the manufacturing and marketing of milk, milk products, and cattle feed in India and internationally. The company was founded in 1970 and is headquartered in Chennai, Tamil Nadu, India. It was incorporated in1986 under the Companies Act, 1956. The company initially focused on milk processing and later diversified into a broad range of dairy products including ice creams, ghee, curd, paneer, and dairy whiteners. Over the decades, it has expanded its manufacturing capabilities with plants located in Tamil Nadu, Karnataka, Goa, Telangana, Maharashtra, Chhattisgarh, Odisha, Kerala, Gujarat, and Andhra Pradesh. The company also has a healthy global presence, with dairy ingredients exported to 38 countries around the world, primarily in America, the Middle East, and South Asian markets. Hatsun Agro Product operates approximately 3,500 owned outlets and distributes its milk and curd products through its logistics and distribution networks in Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, and Maharashtra. The company operates within India’s growing dairy industry, driven by rising population, increasing per capita consumption of milk and milk products, and government initiatives to enhance milk production.

B. Product Lines

• Milk (standardized milk, full cream milk, toned milk, double toned milk)

• Curd (yoghurt) and dairy-based spreads

• Ice creams (Arun Icecreams, Ibaco, Milky Moo)

• Ghee, paneer, cooking and table butter

• Dairy whitener, skimmed milk powder

• Fermented dairy products (yoghurt shakes, lassi, buttermilk)

• Cheese spread, juice, cocoa-based confectionery

• Cattle feed (Santosa brand)

• Artificial insemination, animal husbandry, and animal healthcare services

• Premium desserts, chocolates, and kulfi flavours

C. Company Revenue Model

• Primary revenue from the Milk and Milk products segment

• Revenue from the sale of ice creams through Arun Icecreams, Ibaco, and other brands

• Revenue from the sale of cattle feed under the Santosa brand

• Revenue from the sale of dairy whitener, skimmed milk powder, and ghee

• Revenue from the sale of fermented dairy products including yoghurt, lassi, and buttermilk

• Income from artificial insemination and animal healthcare services

• Revenue from exports of dairy ingredients to international markets across America, the Middle East, and South Asia

• Revenue from franchise operations for Ibaco ice cream stores

D. Geographic Presence

• Registered office and corporate headquarters located in Chennai, Tamil Nadu, India

• Strong pan-India presence with manufacturing plants in Tamil Nadu, Karnataka, Goa, Telangana, Maharashtra, Chhattisgarh, Odisha, Kerala, Gujarat, and Andhra Pradesh

• Extensive distribution network through approximately 3,500 owned outlets

• Milk and curd products distributed in Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, and Maharashtra

• International presence through exports of dairy ingredients to 38 countries primarily in America, the Middle East, and South Asian markets

• Focus on expanding footprint to more States including West Bengal, Bihar, and Gujarat

• Delivery model leverages owned outlets, franchise operations, and logistics networks

E. Key Milestones

• 1970: Business founded and headquartered in Chennai, Tamil Nadu

• 1986: Incorporated on March 4, 1986

• 1996: Public issue on January 5, 1996

• 2009-2015: Expansion of manufacturing plants across multiple states

• 2020-2023: Strengthened brand portfolio across Arun Icecreams, Arokya, Ibaco, and other brands

• 2024: Acquired Milk Mantra Dairy Pvt Ltd

• 2025: Became the first private dairy company to achieve ₹5,000+ crore revenue in half-year with PAT of ₹244.73 crore

F. Industry Perspective: Dairy Industry in India

Hatsun Agro Product operates in the Indian dairy industry, a vital sector for the country’s economy. India is the world‘s largest milk producer, churning out nearly a quarter of global supply, with over a billion litres of milk consumed daily across the country. The Indian dairy market was valued at approximately US$ 100 billion in 2023 and is projected to reach US$ 140-150 billion by 2028, growing at a CAGR of 7-8%. The market is driven by rising disposable incomes, increasing health awareness, urbanization, and growing demand for value-added dairy products such as ice creams, cheese, and yoghurt. The government’s focus on increasing milk production through the National Programme for Dairy Development and the Rashtriya Gokul Mission has supported industry growth. The industry faces challenges including fluctuating milk procurement prices, high feed costs, fragmented unorganized competition, and supply chain inefficiencies. The organised dairy market in India is estimated at 25-30% of total production, with cooperatives like Amul dominating and private players like Hatsun Agro, Heritage Foods, and Dodla Dairy carving out significant market shares. The dairy industry outlook remains positive, supported by rising per capita consumption of milk (currently around 450 grams/day, below the global average of 600 grams/day) and increasing demand for processed and value-added dairy products.

Hatsun Agro Product Limited Stock Market Presence: Listings & Index Representation

Hatsun Agro Product Limited is actively traded on India‘s principal equity markets, with its shares listed on the National Stock Exchange of India (NSE) under the symbol HATSUN and on the Bombay Stock Exchange (BSE) with the scrip code 531531. The ISIN number of the company’s equity shares is INE473B01035 and the face value is ₹1 per share. Its listing on both exchanges ensures that the Hatsun Agro Product share price is accessible to a wide investor base, encompassing both retail and institutional market participants. The company forms part of several benchmark indices that represent broad market segments. Hatsun Agro Product is included in indices such as the BSE 500, BSE AllCap, BSE SmallCap, BSE Fast Moving Consumer Goods, BSE MidSmallCap, BSE 150 MidCap, BSE 250 LargeMidCap, and BSE 400 MidSmallCap. These index participations signal the company‘s relevance within market categories that attract both active and passive investment flows. Being represented in multiple indices enhances the visibility and liquidity of the Hatsun Agro Product stock price, as index tracking funds and exchange traded strategies often adjust allocations in line with constituent revisions. It also allows investors to benchmark the company’s stock performance relative to broader market trends and peer groups, facilitating cross sectional comparisons within India‘s dairy and FMCG landscape. The inclusion of Hatsun Agro Product in these indices reflects its market capitalisation and trading depth, which are key factors market participants consider when evaluating long term investment prospects and the responsiveness of the stock price to corporate and industry developments.

Hatsun Agro Product Limited Stock Performance and Share Price History

The Hatsun Agro Product price has displayed significant volatility over the past decade, shaped by the company‘s financial performance, milk price cycles, and broader FMCG sector trends. The Hatsun Agro Product price delivered a strong positive return of 74.8% in 2021 and 66.3% in 2020, reflecting strong recovery from pandemic lows and robust demand for dairy products. However, the Hatsun Agro Product share price experienced a negative return of 26.7% in 2022 and 12.3% in 2024, reflecting the impact of rising milk procurement costs and demand normalization. The Hatsun Agro Product share price has shown a 3-year total return of approximately 3.0% and a 5-year total return of 4.4%, while the 10-year return stands at 15.4%, outperforming the BSE FMCG index‘s 8.5% return over the same period. The Hatsun Agro Product share price reached a 52-week high of ₹1,179.00 and a 52-week low of ₹855.30, indicating a wide trading range and substantial price fluctuations. As of April 6, 2026, the Hatsun Agro Product share price stood at approximately ₹897.15 on the NSE and ₹897.40 on the BSE.

The Hatsun Agro Product stock price has been particularly responsive to quarterly earnings releases. When the company reported a 70% year-on-year growth in net profit to ₹109.54 crore for the September 2025 quarter, the Hatsun Agro Product stock price surged over 20% in a single session. The Hatsun Agro Product share price has shown a pattern of strong positive momentum in years when the company‘s earnings consistently improved, while periods of raw material cost inflation or intensified competition have contributed to consolidation in the Hatsun Agro Product stock price. The Hatsun Agro Product share price has shown a 1-year total return of approximately -0.8% as of April 2026, underperforming the BSE FMCG index which returned -11.7% over the same period. The Hatsun Agro Product share price has shown a YTD return of approximately -8.2% as of April 2026, with a 1-month return of -1.8% and a 3-month return of -6.9%.

The Hatsun Agro Product price has been influenced by corporate developments including the acquisition of Milk Mantra Dairy Pvt Ltd in January 2025, the launch of premium ice cream products, and the expansion of the Ibaco franchise network. The Hatsun Agro Product share price reached its 52-week high of ₹1,179.00 in October 2025 before declining to its 52-week low of ₹855.30, reflecting the volatility inherent in the dairy sector. The Hatsun Agro Product share price has shown average weekly movement of approximately 2-3% over the past year, indicating relatively stable price movements compared to smaller peers. The Hatsun Agro Product share price has shown a beta of 0.7508 according to FT data, indicating the stock has exhibited lower volatility than the broader market over extended periods. Comprehending these patterns in the Hatsun Agro Product price is instrumental for investors seeking to contextualise long term performance trends vis à vis short term price dynamics, as the Hatsun Agro Product stock price movements illustrate how industry fundamentals, raw material cycles, brand strength, and investor expectations converge in market pricing.

Hatsun Agro Product Limited Investor Relevance and Role in Portfolio

Hatsun Agro Product holds a distinctive position for portfolio investors who seek exposure to the Indian dairy sector with a focus on a leading private player with a diversified brand portfolio. The company‘s diversified product mix across milk, curd, ice creams, ghee, paneer, and cattle feed aligns it with investment strategies that value both essential consumption and premiumisation trends. The Hatsun Agro Product share price often mirrors how these themes resonate with investor portfolios, whereby both thematic and sector specific funds monitor milk procurement prices and brand performance indicators when evaluating allocation decisions.

Institutional stakeholders play a moderate role in Hatsun Agro Product’s ownership profile. The promoters held approximately 73.17% of the company as of December 2025, showing a stable trend. Foreign Institutional Investors (FIIs) hold approximately 3.20% of the company. Domestic Institutional Investors (DIIs) hold approximately 10.28% of the company, which includes both mutual funds and other domestic institutions. Mutual funds hold approximately 9.86% of the company as of December 2025. Retail and other shareholders hold approximately 13.35% of the company. Among mutual funds, SBI Children‘s Fund holds approximately 4.82%, SBI Long Term Advantage Fund Series VI holds approximately 3.25%, and SBI Focused Fund holds approximately 2.08% as of December 2025.

The beta analysis of Hatsun Agro Product across multiple time periods highlights its volatility characteristics. Based on data, the long-term beta (4-year monthly) for Hatsun Agro Product has been recorded at 0.48, indicating that the stock is generally less volatile than the market over extended periods. The 2-year beta stands at 0.40, the 1-year beta at 0.33, and the 6-month beta at 0.15, showing lower sensitivity to market fluctuations. The mean values across these periods range from 848.60 to 1,016.08, with standard deviations ranging from 12.14 to 81.98, indicating higher price variability in longer periods. The Hatsun Agro Product share price has shown periods of heightened responsiveness to sector-specific news, quarterly earnings releases, and milk procurement price announcements. The Hatsun Agro Product share price reflects that the company‘s established brand presence and consistent performance may provide some stability, though the dairy sector remains sensitive to raw material price fluctuations. The Hatsun Agro Product stock price is thus viewed as a defensive growth opportunity within a portfolio context with lower volatility characteristics.

Hatsun Agro Product Limited Sectoral Relevance and Peer Positioning

The sector relevance of Hatsun Agro Product is anchored in its role within the broader Indian dairy and FMCG industry, where it competes with other diversified dairy companies. As part of this industry, the company’s strategic positioning connects milk processing, ice cream manufacturing, value-added dairy products, and cattle feed that serve multiple consumer segments. Competitors in adjacent segments include companies such as Amul (GCMMF), Mother Dairy, Heritage Foods Limited, Dodla Dairy Limited, Milky Mist, and Parag Milk Foods Limited. Among listed peers, Dodla Dairy and Heritage Foods are the primary competitors. Hatsun Agro leads in revenue scale among listed private dairy companies in India. Firms with parallels in either brand portfolio or distribution network are often referenced when evaluating relative performance and operational positioning within the sector.

In valuation terms, factors like the Hatsun Agro Product P/E ratio tend to reflect narrative shifts in earnings expectations and investor confidence relative to these peers. The Hatsun Agro Product P/E ratio stood at approximately 62.5 as of March 2026, a 142% premium to its peers‘ median range of 25.82 times. The P/E ratio has ranged from approximately 50 to 90 over different periods, with a current TTM P/E of approximately 57-62. The Hatsun Agro Product earnings history over the past five years has shown a pattern of consistent growth. Revenue increased from ₹5,557 crore in FY2021 to ₹8,687 crore in FY2025, a growth of approximately 56% over five years. Net profit increased from ₹273.58 crore in FY2021 to ₹285.44 crore in FY2025, with a peak of ₹286 crore in FY2022. For the half-year ended September 2025, revenue stood at ₹5,017.87 crore with a profit after tax of ₹244.73 crore. The Hatsun Agro Product EPS narrative has followed a similar pattern of growth. Hatsun Agro Product EPS (TTM) has been recorded at approximately ₹15.6-17.3 over different periods, with a current TTM EPS of approximately ₹15.6. The Hatsun Agro Product market cap has shown a pattern of steady growth over the past decade. Hatsun Agro Product market cap increased from approximately ₹1,000 crore in 2010 to ₹19,989-21,777 crore in 2026, representing a multi-fold increase. The current market cap stands at approximately ₹19,989 crore. This directional behaviour in valuation multiples demonstrates how market expectations around growth prospects and earnings durability influence broader assessment of the Hatsun Agro Product share price within its industry context. The Hatsun Agro Product stock price remains a key barometer for the private dairy segment.

Over the last ten years, Hatsun Agro Product market cap has shown a pattern of significant growth. The company‘s market cap increased from approximately ₹1,000 crore in earlier years to ₹19,989-21,777 crore in 2026, representing a multi-fold increase. The market cap has shown a steady upward trajectory with periodic corrections. The market cap stood at ₹19,989 crore as of April 2026, having ranged between ₹19,839 crore and ₹24,598 crore over the past year. This growth reflects the correction in the Hatsun Agro Product share price and the broader market’s recognition of the company‘s consistent financial performance and brand portfolio.

Hatsun Agro Product earnings, in terms of net profit, have exhibited a pattern of consistent growth over the past five years. Revenue increased from ₹5,557 crore in FY2021 to ₹8,687 crore in FY2025, a growth of approximately 56%. Net profit increased from ₹273.58 crore in FY2021 to ₹285.44 crore in FY2025, with a peak of ₹286 crore in FY2022. For the half-year ended September 2025, revenue stood at ₹5,017.87 crore with a PAT of ₹244.73 crore, making it the first private dairy company to achieve these distinctions. The December 2025 quarter showed continued momentum with revenue of ₹2,364 crore, up 17.6% Y-o-Y, and net profit of ₹60.6 crore, up 48% Y-o-Y.

Hatsun Agro Product EPS history over the past five years has shown a consistent growth trajectory. Hatsun Agro Product EPS (TTM) has been recorded at approximately ₹15.6-17.3 over different periods, with a current TTM EPS of approximately ₹15.6. The quarterly EPS increased from ₹1.84 in December 2024 to ₹2.72 in December 2025, showing year-on-year improvement. The EPS showed consistent year-on-year growth, reflecting the company‘s enhanced profitability on a per-share basis. The 10-year aggregate net profit of the company stands at approximately ₹1,747.61 crore.

Hatsun Agro Product P/E ratio history has shown a pattern of expansion, reaching elevated levels in recent years. The P/E ratio stood at approximately 62.5 as of March 2026, a 142% premium to its peers’ median range of 25.82 times. The P/E ratio has ranged from approximately 50 to 90 over different periods, with a current TTM P/E of approximately 57-62. The monthly P/E close has fluctuated between 70.60 in February 2026 and 87.53 in October 2025. This valuation premium reflects that investor expectations remain anchored to the company‘s earnings growth trajectory and strong market position in the Indian dairy industry.

Summary

Hatsun Agro Product is a leading Indian private dairy company listed on both the NSE and BSE, where the Hatsun Agro Product share price reflects milk consumption trends, brand performance, and competitive dynamics within the dairy sector. Its representation in multiple stock indices supports market visibility, while investor interest is shaped by earnings trends, valuation narratives, and broader dairy consumption patterns. Within the sector, the company’s competitive context and earnings dynamics provide key perspectives on its role in the Indian dairy market.