Hatsun Agro Product Ltd.

Financial

	Hatsun Agro Product	Dodla Dairy	Parag Milk Foods
Operational Metrics
Unclassified
Advertisement Spend as a % of Total Sales	1.91 %	n/a	2.52 %
Financials
5 yr Average ROE	16.25 %	14.89 %	-12.48 %
5yr average Equity Multiplier	4.89	1.54	2.0
5yr Average Asset Turnover Ratio	2.08	2.26	1.49
5yr Avg Net Profit Margin	2.31 %	4.56 %	-2.77 %
Price to Book	15.18	5.47	2.93
P/E	89.27	40.41	24.3
5yr Avg Cash Conversion Cycle	18.59 Days	-3.26 Days	50.02 Days
Inventory Days	23.66 Days	20.12 Days	88.99 Days
Days Receivable	0.39 Days	0.86 Days	17.93 Days
Days Payable	14.55 Days	20.11 Days	54.26 Days
5yr Average Interest Coverage Ratio	2.96	25.21	0.8
5yr Avg ROCE	16.29 %	19.17 %	0.03 %
5yr Avg Operating Profit Margin	9.57 %	9.16 %	2.33 %
5 yr average Debt to Equity	2.77	0.18	0.56
5yr CAGR Net Profit	69.46 %	14.18 %	-15.1 %
5yr Average Return on Assets	4.27 %	9.94 %	-3.96 %
Shareholdings
Promoter Holding	73.15 %	62.21 %	42.61 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-0.92 %	36.8 %	-3.59 %
Change in Mutual Fund Holding (3 Yrs)	3.71 %	15.09 %	0.07 %

Business

	Hatsun Agro Product	Dodla Dairy	Parag Milk Foods
Product Wise Break-Up	Product Wise Break-Up Milk Products 100.0 Dietary Supplement 0 Milk Products 0 Liquid Milk 0 Skimmed Milk Powder 0	-	Product Wise Break-Up Milk Products 64.0 Dietary Supplement 8.0 Skimmed Milk Powder 18.9 Liquid Milk 9.1
Location Wise Break-Up	Location Wise Break-Up India 99.9 Rest of the World 0.1	Location Wise Break-Up India 93.83 Rest of the World 0 Others 6.17	Location Wise Break-Up India 98.94 Rest of the World 1.06
Operating Profit Break-Up	Operating Profit Break-Up Milk 100.0	-	-
Capex	Capex Milk 100.0	-	-
Asset Break-Up - Segment Wise	Asset Break-Up - Segment Wise India 100.0	Asset Break-Up - Segment Wise India 0.91 Others 99.09	-
Asset Break-Up	Asset Break-Up Milk 100.0	-	-