Hatsun Agro Product Limited
Hatsun Agro Product Limited engages in the manufacture and marketing of milk, milk products, and cattle feed in India and internationally. The company offers ice cream; kulfi flavours; and topping and fermented dairy products, such as yoghurt and dairy-based spreads. It also provides dairy whitener, skimmed milk powder, ghee, paneer, curd, cooking and table butter, lassi, buttermilk, yoghurt shak… Read more
Hatsun Agro Product Limited (HATSUN) - Net Assets
Latest net assets as of September 2025: ₹18.29 Billion INR
Based on the latest financial reports, Hatsun Agro Product Limited (HATSUN) has net assets worth ₹18.29 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹44.29 Billion) and total liabilities (₹26.00 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹18.29 Billion |
| % of Total Assets | 41.29% |
| Annual Growth Rate | 23.62% |
| 5-Year Change | 68.14% |
| 10-Year Change | 644.61% |
| Growth Volatility | 28.44 |
Hatsun Agro Product Limited - Net Assets Trend (2006–2025)
This chart illustrates how Hatsun Agro Product Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hatsun Agro Product Limited (2006–2025)
The table below shows the annual net assets of Hatsun Agro Product Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹17.18 Billion | +9.24% |
| 2024-03-31 | ₹15.72 Billion | +9.13% |
| 2023-03-31 | ₹14.41 Billion | +29.94% |
| 2022-03-31 | ₹11.09 Billion | +8.54% |
| 2021-03-31 | ₹10.22 Billion | +12.94% |
| 2020-03-31 | ₹9.04 Billion | +12.40% |
| 2019-03-31 | ₹8.05 Billion | +120.14% |
| 2018-03-31 | ₹3.66 Billion | +5.31% |
| 2017-03-31 | ₹3.47 Billion | +50.48% |
| 2016-03-31 | ₹2.31 Billion | +4.16% |
| 2015-03-31 | ₹2.21 Billion | +23.45% |
| 2014-03-31 | ₹1.79 Billion | +38.46% |
| 2013-03-31 | ₹1.30 Billion | +20.28% |
| 2012-03-31 | ₹1.08 Billion | +16.08% |
| 2011-03-31 | ₹927.95 Million | +73.39% |
| 2010-03-31 | ₹535.17 Million | -6.35% |
| 2009-03-31 | ₹571.45 Million | +18.66% |
| 2008-03-31 | ₹481.58 Million | +33.50% |
| 2007-03-31 | ₹360.73 Million | +18.03% |
| 2006-03-31 | ₹305.63 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hatsun Agro Product Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 756040000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹7.56 Billion | 44.02% |
| Common Stock | ₹222.80 Million | 1.30% |
| Other Comprehensive Income | ₹572.60 Million | 3.33% |
| Other Components | ₹8.82 Billion | 51.35% |
| Total Equity | ₹17.18 Billion | 100.00% |
Hatsun Agro Product Limited Competitors by Market Cap
The table below lists competitors of Hatsun Agro Product Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Poseida Therapeutics Inc
NASDAQ:PSTX
|
$614.61 Million |
|
Voltamp Transformers Limited
NSE:VOLTAMP
|
$614.78 Million |
|
Wuxi ETEK Microelectronics Co Ltd
SHG:688601
|
$614.92 Million |
|
Thanh Thanh Cong Tay Ninh JSC
VN:SBT
|
$615.00 Million |
|
Jubilant Pharmova Limited
NSE:JUBLPHARMA
|
$614.47 Million |
|
MORGAN ADVANCED MAT.LS-25
F:MGJ
|
$614.42 Million |
|
BIEM.L .FDLKK Garment Co Ltd
SHE:002832
|
$614.30 Million |
|
Dezhan HealthCare Co Ltd
SHE:000813
|
$614.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hatsun Agro Product Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 15,722,534,000 to 17,175,600,000, a change of 1,453,066,000 (9.2%).
- Net income of 2,788,100,000 contributed positively to equity growth.
- Dividend payments of 1,336,500,000 reduced retained earnings.
- Other comprehensive income increased equity by 58,756,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹2.79 Billion | +16.23% |
| Dividends Paid | ₹1.34 Billion | -7.78% |
| Other Comprehensive Income | ₹58.76 Million | +0.34% |
| Other Changes | ₹-57.29 Million | -0.33% |
| Total Change | ₹- | 9.24% |
Book Value vs Market Value Analysis
This analysis compares Hatsun Agro Product Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 12.36x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 603.46x to 12.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹1.58 | ₹952.50 | x |
| 2007-03-31 | ₹1.66 | ₹952.50 | x |
| 2008-03-31 | ₹2.22 | ₹952.50 | x |
| 2009-03-31 | ₹2.64 | ₹952.50 | x |
| 2010-03-31 | ₹2.47 | ₹952.50 | x |
| 2011-03-31 | ₹4.28 | ₹952.50 | x |
| 2012-03-31 | ₹4.97 | ₹952.50 | x |
| 2013-03-31 | ₹5.97 | ₹952.50 | x |
| 2014-03-31 | ₹8.27 | ₹952.50 | x |
| 2015-03-31 | ₹10.21 | ₹952.50 | x |
| 2016-03-31 | ₹10.64 | ₹952.50 | x |
| 2017-03-31 | ₹16.01 | ₹952.50 | x |
| 2018-03-31 | ₹16.86 | ₹952.50 | x |
| 2019-03-31 | ₹36.56 | ₹952.50 | x |
| 2020-03-31 | ₹41.19 | ₹952.50 | x |
| 2021-03-31 | ₹46.52 | ₹952.50 | x |
| 2022-03-31 | ₹50.49 | ₹952.50 | x |
| 2023-03-31 | ₹65.47 | ₹952.50 | x |
| 2024-03-31 | ₹70.58 | ₹952.50 | x |
| 2025-03-31 | ₹77.07 | ₹952.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hatsun Agro Product Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.23%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.20%
- • Asset Turnover: 1.79x
- • Equity Multiplier: 2.83x
- Recent ROE (16.23%) is below the historical average (22.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 13.89% | 0.79% | 3.26x | 5.43x | ₹11.89 Million |
| 2007 | 22.33% | 1.38% | 3.22x | 5.04x | ₹44.47 Million |
| 2008 | 35.83% | 2.00% | 3.26x | 5.50x | ₹124.41 Million |
| 2009 | 20.65% | 1.16% | 2.82x | 6.29x | ₹60.85 Million |
| 2010 | 5.16% | 0.24% | 2.45x | 8.71x | ₹-25.88 Million |
| 2011 | 20.92% | 1.43% | 2.79x | 5.24x | ₹101.36 Million |
| 2012 | 24.70% | 1.66% | 2.82x | 5.28x | ₹158.30 Million |
| 2013 | 34.48% | 2.07% | 3.13x | 5.30x | ₹317.13 Million |
| 2014 | 45.53% | 3.29% | 2.95x | 4.69x | ₹637.46 Million |
| 2015 | 17.68% | 1.34% | 2.77x | 4.77x | ₹170.11 Million |
| 2016 | 26.23% | 1.76% | 2.97x | 5.02x | ₹374.30 Million |
| 2017 | 38.60% | 3.20% | 2.58x | 4.67x | ₹992.55 Million |
| 2018 | 24.85% | 2.12% | 2.03x | 5.78x | ₹542.83 Million |
| 2019 | 14.27% | 2.42% | 2.12x | 2.79x | ₹343.79 Million |
| 2020 | 12.41% | 2.12% | 1.95x | 3.00x | ₹218.24 Million |
| 2021 | 24.12% | 4.43% | 1.78x | 3.05x | ₹1.44 Billion |
| 2022 | 19.65% | 3.43% | 1.79x | 3.19x | ₹1.07 Billion |
| 2023 | 11.51% | 2.29% | 1.96x | 2.57x | ₹217.89 Million |
| 2024 | 17.00% | 3.35% | 1.69x | 3.01x | ₹1.10 Billion |
| 2025 | 16.23% | 3.20% | 1.79x | 2.83x | ₹1.07 Billion |
Industry Comparison
This section compares Hatsun Agro Product Limited's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $6,755,085,500
- Average return on equity (ROE) among peers: 15.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hatsun Agro Product Limited (HATSUN) | ₹18.29 Billion | 13.89% | 1.42x | $614.52 Million |
| ADF Foods Limited (ADFFOODS) | $2.04 Billion | 20.92% | 0.33x | $75.83 Million |
| Ajooni Biotech Limited (AJOONI) | $427.08 Million | 5.06% | 0.11x | $5.94 Million |
| Agro Tech Foods Limited (ATFL) | $3.40 Billion | 9.29% | 0.28x | $72.67 Million |
| Avanti Feeds Limited (AVANTIFEED) | $1.25 Billion | 24.02% | 0.98x | $519.72 Million |
| Adani Wilmar Limited (AWL) | $25.71 Billion | 17.93% | 3.58x | $896.44 Million |
| Bombay Burmah Trading Corporation Limited (BBTC) | $5.73 Billion | 8.51% | 0.53x | $267.63 Million |
| Mrs. Bectors Food Specialities Limited (BECTORFOOD) | $2.95 Billion | 11.25% | 0.96x | $310.10 Million |
| Bikaji Foods International Limited (BIKAJI) | $14.81 Billion | 13.57% | 0.31x | $464.99 Million |
| Britannia Industries Limited (BRITANNIA) | $7.02 Billion | 25.13% | 0.96x | $7.95 Billion |
| CCL Products (India) Limited (CCL) | $4.22 Billion | 22.29% | 0.81x | $835.14 Million |