Hatsun Agro Product Ltd
Hatsun Agro Product Ltd is a food processing company that produces and distributes edible oils, dairy products, and other food items, generating revenue primarily through the sale of these products to consumers and retailers.
Business. Hatsun Agro Product Ltd (HAPL.NS) is an Indian food processing company operating within the Consumer Non-Cyclicals sector. The firm is primarily engaged in the production and sale of food products, with its shares listed on the National Stock Exchange of India. Specific details regarding operating segments and geographic revenue mix are not available.
Analyst recommendations
2 analysts · consensus HoldAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Hatsun Agro Product Ltd (HAPL.NS) is an Indian food processing company operating within the Consumer Non-Cyclicals sector. The firm is primarily engaged in the production and sale of food products, with its shares listed on the National Stock Exchange of India. Specific details regarding operating segments and geographic revenue mix are not available.
Hatsun Agro Product Ltd maintains a capital structure with a debt-to-equity ratio of 1.72, indicating a relatively high level of leverage compared to industry norms. The company's liquidity position is assessed as medium, with a current ratio of 0.86, suggesting that it may struggle to meet short-term obligations without additional financing. The company's operating cash flow is negative at -714.57 million INR, and its capital expenditures are substantial at -5,352.76 million INR, reflecting ongoing investment in its operations.
In terms of profitability, Hatsun Agro Product Ltd reports a return on equity (ROE) of 3.32% and a return on assets (ROA) of 1.1%, both of which are below the industry median for food processing companies. The company's net income of 521.55 million INR is modest relative to its revenue of 20,468.72 million INR, indicating that it is not generating strong returns on its operations. The gross profit margin of 30.66% is in line with industry averages, but the operating margin of 5.8% is below the median for the sector.
The company's revenue is concentrated in a few key segments, with the majority of its sales coming from edible oils and dairy products. Geographically, Hatsun Agro Product Ltd operates primarily in India, with limited exposure to international markets. This concentration increases the company's vulnerability to domestic economic and regulatory changes.
Hatsun Agro Product Ltd's growth trajectory is mixed. While the company has maintained a stable revenue base, there is no indication of significant growth in the near term. Analysts have provided a mean price target of 1,020.00 INR, with a median recommendation of 3.50, suggesting a neutral outlook. The company's capital expenditures indicate a commitment to maintaining and expanding its production capabilities, but the negative operating cash flow raises concerns about its ability to fund these investments without external financing.
The company faces several risk factors, including its high debt load and negative liquidity position. The risk assessment indicates a medium liquidity risk and a low dilution risk, with no immediate pressure for equity issuance. The company's reliance on domestic markets and its exposure to commodity price fluctuations also pose operational risks. The absence of strong buy recommendations from analysts further underscores the cautious outlook for the company.
Recent events and disclosures have not indicated any major changes in the company's operations or financial strategy. The company's financial statements and disclosures do not highlight any significant new risks or opportunities. The lack of strong buy recommendations and the uniformity of price targets suggest that the market is not anticipating a significant shift in the company's performance in the near future.
- Hatsun Agro Product Ltd has a high debt-to-equity ratio of 1.72, indicating a leveraged capital structure.
- The company's return on equity (3.32%) and return on assets (1.1%) are below industry medians, suggesting weak profitability.
- Hatsun Agro Product Ltd's revenue is concentrated in edible oils and dairy products, with limited geographic diversification.
- Analysts have provided a neutral outlook, with a mean price target of 1,020.00 INR and a median recommendation of 3.50.
- The company faces liquidity and operational risks due to its high debt load and negative operating cash flow.
- Hatsun Agro Product Ltd's recent financial disclosures do not indicate any major changes in its operations or financial strategy.
Bull / Bear case
Generated · model-assistedRevenue grew at an 11.9% CAGR over four years, demonstrating consistent top-line expansion for the company.
Analysts project 8.3% upside to a consensus price target of 1020, indicating moderate market optimism.
Net income recovered to 2.67 billion in FY2024, reversing the decline seen in the previous two fiscal years.
Operating income increased by 10.1% year-over-year in the latest period, showing improved operational profitability.
The company carries a high credit risk flag, signaling significant concerns regarding its debt servicing capabilities.
Debt-to-equity ratio of 1.72 is in the bottom quartile, far exceeding the 0.32 cohort median.
Net margin of 2.55% trails the 3.95% cohort median, indicating weaker bottom-line efficiency than peers.
Return on equity of 3.32% is below the 4.99% cohort median, reflecting subpar capital efficiency.
In focus — financials by report
Revenue UNKNOWN ERROR IN UNIVERSE PROCESSING 23.64B, +17,6% YoY; Operating income +12,6% YoY.
- ▍Revenue UNKNOWN ERROR IN UNIVERSE PROCESSING 23.64B, +17,6% YoY
- ▍Operating income +12,6% YoY
- ▍Net income +48,0% YoY
- ▍Net margin 2.6%
Revenue UNKNOWN ERROR IN UNIVERSE PROCESSING 22.43B, +9,6% YoY; Operating income −17,5% YoY.
- ▍Revenue UNKNOWN ERROR IN UNIVERSE PROCESSING 22.43B, +9,6% YoY
- ▍Operating income −17,5% YoY
- ▍Net income −17,5% YoY
- ▍Net margin 1.9%
Revenue UNKNOWN ERROR IN UNIVERSE PROCESSING 20.10B; Operating income UNKNOWN ERROR IN UNIVERSE PROCESSING 968.7M.
- ▍Revenue UNKNOWN ERROR IN UNIVERSE PROCESSING 20.10B
- ▍Operating income UNKNOWN ERROR IN UNIVERSE PROCESSING 968.7M
- ▍Net margin 2.0%
Revenue UNKNOWN ERROR IN UNIVERSE PROCESSING 87.00B, +8,9% YoY; Operating income +10,1% YoY.
- ▍Revenue UNKNOWN ERROR IN UNIVERSE PROCESSING 87.00B, +8,9% YoY
- ▍Operating income +10,1% YoY
- ▍Net income +4,3% YoY
- ▍Free cash flow −635,8% YoY
- ▍Net margin 3.2%
Revenue UNKNOWN ERROR IN UNIVERSE PROCESSING 79.90B, +10,3% YoY; Operating income +44,0% YoY.
- ▍Revenue UNKNOWN ERROR IN UNIVERSE PROCESSING 79.90B, +10,3% YoY
- ▍Operating income +44,0% YoY
- ▍Net income +61,2% YoY
- ▍Free cash flow +110,7% YoY
- ▍Net margin 3.3%
Revenue UNKNOWN ERROR IN UNIVERSE PROCESSING 72.47B, +13,8% YoY; Operating income −17,3% YoY.
- ▍Revenue UNKNOWN ERROR IN UNIVERSE PROCESSING 72.47B, +13,8% YoY
- ▍Operating income −17,3% YoY
- ▍Net income −23,9% YoY
- ▍Free cash flow +55,1% YoY
- ▍Net margin 2.3%
Revenue UNKNOWN ERROR IN UNIVERSE PROCESSING 63.70B, +14,8% YoY; Operating income −18,9% YoY.
- ▍Revenue UNKNOWN ERROR IN UNIVERSE PROCESSING 63.70B, +14,8% YoY
- ▍Operating income −18,9% YoY
- ▍Net income −11,5% YoY
- ▍Free cash flow −820,5% YoY
- ▍Net margin 3.4%
Revenue UNKNOWN ERROR IN UNIVERSE PROCESSING 55.51B; Operating income UNKNOWN ERROR IN UNIVERSE PROCESSING 5.07B.
- ▍Revenue UNKNOWN ERROR IN UNIVERSE PROCESSING 55.51B
- ▍Operating income UNKNOWN ERROR IN UNIVERSE PROCESSING 5.07B
- ▍Net margin 4.4%
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 17,30 |
| Revenue | —no estimate | —no estimate | 98,0B INR |
| Operating income | —no estimate | —no estimate | 6,3B INR |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Hatsun Agro Product Ltd Market data — financials · 2026-05-28
- Hatsun Agro Product Ltd Market data — analyst estimates · 2026-05-28