Sep 23, 2022 04:01 PM
Packaged Foods company Hatsun Agro Products Announced Q1FY23 Result :
Commenting on the results, Mr. RG Chandramogan, Chairman, Hatsun Agro Product Ltd said; “we are happy to report good growth in revenues and crossing 2000 crores sales mark for the first time in a quarter. Strong sales recovery in the domestic market post Covid with good summer sales led to highest ever quarterly sales volume. All our business segments did well with our leading brands registering healthy sales growth. HAP’s retail expansion in the last two years helped us reach customers in new markets like Maharashtra, Orissa, West Bengal and Madhya Pradesh and also supported existing strong bases in South India.
HAP in the last financial year, had invested about Rs.450 crores across new manufacturing facilities for capacity expansion in Ice Cream, Milk, Curd, Milk Products and Cattle Feed. The new capacities will further support our sales plans for FY 2022-23. Considerable investments have also been made to strengthen distribution, sales and marketing of our brands.
| Date | Action Type | Ratio |
|---|---|---|
| Jul 26, 2022 | Dividend | 600 |
| Jul 22, 2021 | Dividend | 600 |
| Dec 09, 2020 | Bonus | 1:3 |
Hatsun Agro Product Ltd. is a dairy manufacturing company that makes cooking and consumption products, such as milk, curd, ice creams, dairy whitener, skimmed milk powder, ghee, paneer, etc. The company was founded in 1970 and is headquartered in Chennai, Tamil Nadu.
Hatsun Agro Product shares are listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). On the NSE, the company has been allotted the share symbol of HATSUN while it has been given the number 531531 on the BSE. Hatsun Agro Products has a total market capitalisation of Rs. 24.01 trillion crore. Hatsun Agro share price as of April 1, 2022 was Rs. 1080.85. Hatsun share price hit a 52-week high at Rs. 1,533.65 while it recorded a 52-week low at Rs. 722.20. The company’s price to earnings ratio was 94.98 as of April 4, 2022. As of the same date, its price to book ratio was 0.4.
The company’s brands include Arun Icecreams, Arokya, Hatsun, HAP daily, Ibaco, Santosa, and Oyalo, among others. These brands are now household names and staples in a large number of Indian households. Hatsun Agro Products also exports its dairy ingredients to more than 42 countries globally in America, the Middle East, and South Asian countries. The company offers dairy extension services to farmers for the development and productivity of livestock. Its peers include Britannia Industries, Nestle India, Hindustan Unilever, Dabur India, among other companies.
Hatsun Agro Products Ltd. reported a total revenue of Rs. 1588.41 crore for the December quarter of 2021. For the same period in the previous year, the company reported a total revenue of Rs. 1395.77 crore. The company’s profit for the December quarter of 2021 was Rs. 47.84 crore compared to Rs. 33.56 crore during the same period in the previous year. Hatsun Agro shares reported an earnings per share of Rs. 2.22 for the December quarter of 2021 while the earnings per share during the same period in the previous year was Rs. 3.12.
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No 41 Janakiram Colony Main Rd, Janakiram Colony Arumbakkam, Chennai, Tamil Nadu, 600106
| Tel | : | 91-044-24501622 |
| : | secretarial:hap.in | |
| Website | : | http://www.hatsun.com |
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| AGM Date (Month) | : | Sep |
| Face Value Equity Shares | : | 1 |
| Market Lot Equity Shares | : | 1 |
| BSE Code | : | 531531 |
| NSE Code | : | HATSUN |
| Book Closure Date (Month) | : | |
| BSE Group | : | A |
| ISIN | : | INE473B01035 |
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