Hatsun Agro Product Limited has informed the Exchange about General Updates
HATSUN · price
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Awaiting price reaction for this filing.
Hatsun Agro has shared news articles covering Chairman R.G. Chandramogan's outlook on the company's growth plans. The dairy company expects approximately 15% revenue growth in the current fiscal year, driven by recent GST tax cuts on dairy products and rising consumer demand. Hatsun plans to launch protein-based products by March to tap into the growing health-conscious market, competing with rivals Milky Mist and Amul. The company also aims to expand its HAP Daily store network by 10% annually over three years (from 4,000+ outlets) and double exports to reach ₹200 crore in four years, targeting markets like Seychelles and Oman. Last fiscal year, revenue grew 9% to ₹8,700 crore (~$980 million). The chairman cautioned that opening India's dairy sector to U.S. corporations through trade negotiations would hurt rural farming communities.
Positive outlook for shareholders: 15% revenue growth guidance, new product launches, benefits from GST cuts, and expansion of both retail and export footprint could support earnings momentum. However, trade-related risks around dairy sector liberalisation remain a concern.