MoneyWorks4Me analysed the past 10-year performance of Hatsun Agro Products Ltd and arrived at the following conclusion:
The 5-year analysis of Hatsun Agro Products Ltd's performance infers:
We analysed the performance of Hatsun Agro Products Ltd share prices over the last 10 years. Here is what we found out:
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.
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 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