CMP: 134

Hatsun Agro Products Limited manufactures skimmed milk powder, skimmed milk powder blends, instant skimmed milk powder, whole milk powder, and full cream milk powder. Hatsun is popular for its brand name "Arun Icecreams" & "Arokya".

Hatsun is a budding mid-cap stock only for investors with risk appetite. Its currently trading at a P/E of 46. The company runs at a debt of 296 Crores with 10 Crores cash in hand. Debt coupled with high P/E makes it a risky bet. Its got strong brand value and gives that extra confidence to investors. Revenues have risen from 585 Crores to 1355 Crores in the last 5 years. Profits have fluctuated and risen from 8 Crores to 19 Crores in the last 5 years. NPM has fluctuated and stayed below 2% in the last 5 years. Recent quarter results have been encouraging. Investors with risk appetite can Invest with minimal exposure.