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Hatsun Agro Products Ltd. Stock Analysis

Mid Cap
Evaluated by 1369 users | BSE: 531531 | NSE: HATSUN |
Consumer Food
Hatsun Agro Product Limited is based in South India and was incorporated in 1970. R.G.Chandramogan is the founder of this company. Hatsun started marketing fresh milk in pouches from 1993 and manufacturing dairy ingredients from 2003. It is located at 5-A,Vijayaraghava...
1. Right Stock
Very Good
2. Right Price
3. Right Time

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Hatsun Agro Products Ltd. has performed well in majority of the past ten years indicating its past ten year financial track record is very good
Value Creation
Value Creation Index Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 12.66%14.81%16.28%18.73%10.78%12.27%16.98%10.29%10.32%9.44%
Value Creation Index -0.100.060.160.34-0.23-0.120.21-0.27-0.26NA
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 1,3561,6042,1652,4942,9333,4454,1984,2874,7605,308
Y-o-Y Gr. Rt.-18.3%35%15.2%17.6%17.4%21.9%2.1%11%11.5%
Adjusted EPS (Rs.) 1.241.692.835.472.393.818.765.87.456.89
Y-o-Y Gr. Rt.-36.3%67.5%93.3%-56.3%59.4%129.9%-33.8%28.5%-7.5%
Book Value per Share (Rs.) 6.077.058.4811.7414.2714.922.623.6950.3655.94
Adjusted Net Profit 1925.843.383.636.958.813589.5120112
Net Op. Cash Flow (Rs. Cr.) 74.351.614320161.5219433277375552
Debt to Cash Flow from Ops 3.185.342.822.469.983.072.124.692.742.17
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Hatsun Agro Products Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 16.4%12.6%8.1%11.5%
Adjusted EPS 21%23.6%-7.7%-7.5%
Book Value per Share 2831.435.311.1
Share Price 35.6% 20.7% 3.3% 28.8%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 25.9825.7236.4754.1418.412646.6525.0620.5913.06
Operating Profit Margin (%) 7.036.816.837.456.768.849.038.679.4410.36
Net Profit Margin (%) 1.41.6123.351.261.713.222.092.532.1
Debt to Equity 3.23.163.112.752.792.922.643.551.281.32
Working Capital Days 29353432374339414239
Cash Conversion Cycle 714125111915151615
Corporate Governance What do we look at?
Corporate Governance
Board Credentials
Promoter's holding
Transparency
Integrity
Entity Percentage Holding
Promoters 73.68%
Institutions 9.93%
Non-Institutions 16.39%
Pledged *0.002.172.302.302.300.473.365.175.170.00
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of Hatsun Agro Products Ltd. and arrived at the following conclusion:

Past 10 year's financial track record indicates that Hatsun Agro Products Ltd. is a good quality company. However, for specific investment actions please connect with your investment advisor.

The 5-year analysis of Hatsun Agro Products Ltd.'s performance infers:

Hatsun Agro Products Ltd. earnings have grown by 23.6%, whereas share price has appreciated 20.7% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Hatsun Agro Products Ltd. share prices over the last 10 years. Here is what we found out:

Hatsun Agro Products Ltd. share price has appreciated 40% annually over the past ten years.

Hatsun Agro Product Limited is based in South India and was incorporated in 1970. R.G.Chandramogan is the founder of this company. Hatsun started marketing fresh milk in pouches from 1993 and manufacturing dairy ingredients from 2003. It is located at 5-A,Vijayaraghava road,T.Nagar,Chennai - 600 017 Tamilnadu, India.

Business

Hatsun is the largest private sector dairy company in India and hence has a distinct advantage of dealing in cow's milk. In 1970, Hatsun

Hatsun Agro Product Limited is based in South India and was incorporated in 1970. R.G.Chandramogan is the founder of this company. Hatsun started marketing fresh milk in pouches from 1993 and manufacturing dairy ingredients from 2003. It is located at 5-A,Vijayaraghava road,T.Nagar,Chennai - 600 017 Tamilnadu, India.

Business

Hatsun is the largest private sector dairy company in India and hence has a distinct advantage of dealing in cow's milk. In 1970, Hatsun began with the pioneering effort of producing Arun ice cream, which still continues to be the most popular ice cream brand in South India.

The company procures around 1.65 million liters of liquid milk per day by directly collecting it from farmers spread over 4500 villages in south India. It has its own infrastructure of milk collection centre and chilling centre for procuring and handling of raw milk. Over 350 field's staffs are employed to ensure timely collection, testing of milk at the point of collection, weekly payment; cattle feed sales, encouraging farmers to grow their herd size, bank loans, animal insurance, training farmers on a better animal management and clean milking. It is having high-tech processing plants operating at 7 locations.

This is the only company in India using Bactofuge Technology (from West Falia-Germany) to clarify liquid milk.

In 2012 Hatsun Agro Product started selling of new range of Ice Creams under the Brand name ''IBACO''

In 2013 Hatsun Agro acquired Jyothi Dairy for Rs.65 crore

Hatsun products:

  • Ice cream -  Arun ICECREAM ,Make Your Own Sunday, Arun Unlimited
  • Milk Products - Hatsun Cooking Butter , Hatsun Cow Ghee , Hatsun Butter Milk , Hutsun Curd , Hutsun Panner
  • Beverages - Aaros Milk/ Badam Milk, Aaros Tea/ Masala Tea , Aaros Coffee Aaros Ragi
  • Diary Ingredients

Certifications:

  • ISO 22000:2005
  • ISO 9001:2000
  • ISO 14001:2004
  • ISO 15000:1998
  • HACCP certified manufacturing facilities
  • Export Inspection Council
  • Kosher Certificate
  • HALAL
  • USFDA
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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