PAT for FY26 surges
by 27.76% to ₹356.20 crores
Chennai: Hatsun Agro Product Ltd, India’s largest dairy company in the
private sector, announced its FY 2026 results, marking another year of
continuous profitable growth.
Revenue from operations for FY26 stood at ₹ 9,959.22 crores,
compared to ₹ 8,699.76 crores
in FY25, marking a growth of
14.48%. EBITDA for the year was ₹ 1,190.34 crores as against ₹ 1,029.67 crores
in the previous year, registering a growth of 15.60%. Profit after tax for FY26
came in at ₹ 356.20 crores, up from ₹ 278.81 crores in FY25, reflecting
a growth of 27.76%. These
figures reflect a year of sustained progress, providing the
momentum to scale impact while maintaining a steadfast commitment to operational
excellence.
For the fourth quarter, HAP recorded revenue from
operations of ₹ 2,577.63 crores. EBITDA for the quarter was ₹ 237.87 crores.
Profit after tax stood at ₹ 50.89 crores.
Commenting on the performance of the year, Mr. R G Chandramogan, Chairman, Hatsun Agro
Product Ltd said; “Our focus on operational efficiency has successfully reduced
our debt-to-equity ratio from 1.44 in FY 2023-24 to 0.68 in
FY 2025-26 in two years despite significant investments and also strategic
acquisition. This strengthened financial position provides the company with the
flexibility to invest in future projects while continuing to reward our
stakeholders.
He also mentioned that the receivables as of 31st March 2026 stood at 0.17 days of
sales as a benchmark to the industry allowing profitability with better
liquidity.
Further, HAP’s
long-term credit rating has been upgraded to AA (Stable) by the credit rating agency (CRISIL Ratings Limited),
reflecting the Company’s consistent financial performance, prudent capital
management, and strong operational efficiency.
He also added “Hatsun remains an industry outlier,
delivering superior operating profits with efficiency. This success is driven by our
market-leading consumer brands, namely, Arun, ibaco, Arokya, Hatsun, HAP Daily
and Milky Moo. In line with our policy of providing consistent uninterrupted
dividends for over two decades
and the present
reduced debt with potential to invest for the future,
we are pleased to announce a record interim dividend of 1000%."
HAP continued to strengthen its consumer brand portfolio
across categories during the year. Sustained
investments in product
expansion, distribution and operational efficiency supported steady
growth across markets while reinforcing the company’s long-term focus on scale,
profitability, and value creation for shareholders.