Hatsun Agro Product
Market Cap
₹88.1b
Last Updated
2020/03/30 13:16 UTC
Data Sources
Company Financials
Executive Summary
Hatsun Agro Product Limited manufactures and markets ice creams, milk, milk products, and cattle feed primarily in India.
Rewards
Risk Analysis
Snowflake Analysis
Solid track record with imperfect balance sheet.
Similar Companies
Share Price & News
How has Hatsun Agro Product's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 531531's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
22.5%
531531
14.8%
IN Food
8.9%
IN Market
1 Year Return
-29.0%
531531
-3.8%
IN Food
-30.6%
IN Market
Return vs Industry: 531531 underperformed the Indian Food industry which returned -3.2% over the past year.
Return vs Market: 531531 matched the Indian Market which returned -29.3% over the past year.
Shareholder returns
| 531531 | Industry | Market | |
|---|---|---|---|
| 7 Day | 22.5% | 14.8% | 8.9% |
| 30 Day | -26.9% | -13.9% | -24.8% |
| 90 Day | -14.1% | -12.3% | -29.4% |
| 1 Year | -28.4%-29.0% | -2.4%-3.8% | -29.2%-30.6% |
| 3 Year | 1.3%-2.3% | 43.8%39.4% | -17.0%-21.5% |
| 5 Year | 133.7%121.7% | 84.2%75.2% | -5.4%-10.4% |
Price Volatility Vs. Market
How volatile is Hatsun Agro Product's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 years ago | Simply Wall St
Top Growth Stocks To Buy2 years ago | Simply Wall St
Top Growth Stocks To Buy2 years ago | Simply Wall St
Top Growth Stocks To BuyValuation
Is Hatsun Agro Product undervalued compared to its fair value and its price relative to the market?
64.37x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 531531 (₹505) is trading above our estimate of fair value (₹63.69)
Significantly Below Fair Value: 531531 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 531531 is poor value based on its PE Ratio (64.4x) compared to the Food industry average (10.3x).
PE vs Market: 531531 is poor value based on its PE Ratio (64.4x) compared to the Indian market (9.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 531531's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 531531 is overvalued based on its PB Ratio (10x) compared to the IN Food industry average (0.7x).
Next Steps
Future Growth
How is Hatsun Agro Product forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
21.1%
Forecasted Food, Beverage & Tobacco industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Hatsun Agro Product has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Check out Hatsun Agro Product's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Hatsun Agro Product competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Food, Beverage & Tobacco industry.
Past Performance
How has Hatsun Agro Product performed over the past 5 years?
16.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 531531 has high quality earnings.
Growing Profit Margin: 531531's current net profit margins (2.4%) are higher than last year (2.1%).
Past Earnings Growth Analysis
Earnings Trend: 531531's earnings have grown by 16.3% per year over the past 5 years.
Accelerating Growth: 531531's earnings growth over the past year (28.2%) exceeds its 5-year average (16.3% per year).
Earnings vs Industry: 531531 earnings growth over the past year (28.2%) exceeded the Food industry 20.6%.
Return on Equity
High ROE: 531531's Return on Equity (15.5%) is considered low.
Next Steps
Financial Health
How is Hatsun Agro Product's financial position?
Financial Position Analysis
Short Term Liabilities: 531531's short term assets (₹4.3B) do not cover its short term liabilities (₹9.0B).
Long Term Liabilities: 531531's short term assets (₹4.3B) do not cover its long term liabilities (₹7.2B).
Debt to Equity History and Analysis
Debt Level: 531531's debt to equity ratio (111.2%) is considered high.
Reducing Debt: 531531's debt to equity ratio has reduced from 211.7% to 111.2% over the past 5 years.
Debt Coverage: 531531's debt is well covered by operating cash flow (58%).
Interest Coverage: 531531's interest payments on its debt are not well covered by EBIT (2.9x coverage).
Balance Sheet
Inventory Level: 531531 has a high level of physical assets or inventory.
Debt Coverage by Assets: 531531's debt is not covered by short term assets (assets are 0.5x debt).
Next Steps
Dividend
What is Hatsun Agro Product's current dividend yield, its reliability and sustainability?
0.79%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 531531's dividend (0.79%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.95%).
High Dividend: 531531's dividend (0.79%) is low compared to the top 25% of dividend payers in the Indian market (4.16%).
Stability and Growth of Payments
Stable Dividend: 531531 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 531531's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (76.5%), 531531's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
9.4yrs
Average management tenure
CEO
R. Chandramogan (70yo)
15.92s
Tenure
₹6,681,200
Compensation
Mr. R. G. Chandramogan has been Managing Director of Hatsun Agro Product Limited since April 1, 2004. He served as Chairman of Hatsun Agro Product Limited until June 21, 2019. He serves as the Executive Di ...
CEO Compensation Analysis
Compensation vs Market: R.'s total compensation ($USD88.64K) is below average for companies of similar size in the Indian market ($USD463.73K).
Compensation vs Earnings: R.'s compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 15.92yrs | ₹6.68m | 56.62% ₹49.9b | |
| Chief Financial Officer | 5yrs | ₹5.88m | no data | |
| Executive Director of Operations & Executive Director | 18.75yrs | ₹6.61m | 9.4% ₹8.3b | |
| Company Secretary & Compliance Officer | 1yr | ₹2.60m | no data | |
| Senior General Manager of Technology | no data | ₹2.52m | no data | |
| General Manager of Marketing & Sales | no data | ₹2.40m | no data | |
| Assistant Vice President of Marketing & sales | no data | ₹2.40m | no data | |
| Assistant Vice President of QA | no data | ₹2.52m | no data | |
| Specialist of Dairy Herd Development | no data | ₹6.88m | no data |
9.4yrs
Average Tenure
54.5yo
Average Age
Experienced Management: 531531's management team is seasoned and experienced (9.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 15.92yrs | ₹6.68m | 56.62% ₹49.9b | |
| Executive Director of Operations & Executive Director | 18.75yrs | ₹6.61m | 9.4% ₹8.3b | |
| Non-Executive Non-Independent Director | 21yrs | ₹370.00k | 0.56% ₹490.5m | |
| Chairman of the Board | 0.75yr | ₹330.00k | 0.34% ₹295.3m | |
| Non-Executive Independent Director | 1.17yrs | no data | no data | |
| Non-Executive Independent Director | 6.17yrs | ₹210.00k | no data | |
| Non-Executive Independent Director | 5.5yrs | ₹360.00k | no data | |
| Non-Executive Independent Director | 5.5yrs | ₹300.00k | no data | |
| Non-Executive Non-Independent Director | 0.75yr | no data | no data |
5.5yrs
Average Tenure
60yo
Average Age
Experienced Board: 531531's board of directors are considered experienced (5.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Hatsun Agro Product Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Hatsun Agro Product Limited
- Ticker: 531531
- Exchange: BSE
- Founded: 1970
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: ₹88.115b
- Shares outstanding: 161.68m
- Website: https://www.hap.in
Number of Employees
Location
- Hatsun Agro Product Limited
- Domaine
- Door No: 1/20A
- Chennai
- Tamil Nadu
- 600097
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 531531 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Oct 2011 |
| HATSUN | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Oct 2011 |
| 890146 | BSE (Mumbai Stock Exchange) | INR1 (PPD INR555) | IN | INR | Jul 2018 | |
| HATSUNE1 | NSEI (National Stock Exchange of India) | INR1 (PPD INR555) | IN | INR | Jul 2018 |
Biography
Hatsun Agro Product Limited manufactures and markets ice creams, milk, milk products, and cattle feed primarily in India. The company offers standardized, full cream, and toned milk; and curd under the Arokya brand name. It also provides milk, skimmed milk powder, dairy whitener, ghee, paneer cubes, table and cooking butter, and milk beverages under the Hatsun brand name; and ice cream cakes, bars, and shakes, as well as signature cones and chocolates under the Ibaco brand name. In addition, the company offers a range of ice creams, bars, flavoured tubs, and specialty products under the Arun brand; pizzas and cakes under the Oyalo brand name; cattle feed under the Santosa brand name; milk mixes and drinks under the Aniva brand name; and dairy ingredients, as well as milk-based refreshments like milkshakes, yogurt shakes, yogurt toppings, paneer snacks, coffee, and other hot beverages. Further, it offers dairy products through a network of Hatsun Daily outlets. The company distributes its milk and curd products through its logistics and distribution networks in Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, and Maharashtra. It also exports its products to 38 countries, which primarily include the United States, the Middle East, and South Asia. Hatsun Agro Product Limited was founded in 1970 and is based in Chennai, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/30 13:16 |
| End of Day Share Price | 2020/03/30 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.