Hatsun Agro Product Share Price Target 2026: Stock Analysis, Share Price Today, Bull Case and Bear Case After Q1 FY27
- July 6, 2026
- Posted by: Lakshit Sharma
- Category: News
Hatsun Agro Product Rs 1,143.50 (5 Oct 2026 close). 52-week range Rs 855.30 to Rs 1,349.70. Q1 FY27 revenue Rs 3,090 cr, up 19%.
Quick Answer
The Hatsun Agro Product share price target for 2026 is Rs 1,056 to Rs 1,188, which is between 8 percent below and 4 percent above the last close of Rs 1,143.50, with bull and bear cases of Rs 1,458 to Rs 1,566 and Rs 714 to Rs 782. Hatsun Agro Product reported Q1 FY27 standalone revenue up 19.3 percent to a record Rs 3,090.49 crore, but profit fell 1.1 percent to Rs 133.69 crore as EBITDA margin fell to 11.3 percent from 14.3 percent on higher milk and packaging costs. The company declared an interim dividend of Rs 10 per share, targets FY27 revenue of Rs 12,000 crore, and the stock trades at 69.6 times earnings against an industry average of 36.0. No brokerage price target was available on the sources we track as of 5 October 2026, so every range below is a Univest research scenario.
The Hatsun Agro Product share price target for 2026 is Rs 1,056 to Rs 1,188 in the Univest base case, with the stock at Rs 1,143.50 at the 5 October 2026 close. That is 15.3 percent below its 52-week high of Rs 1,349.70 and 33.7 percent above its 52-week low of Rs 855.30, and the stock moved up 29.8 percent over the past year. Hatsun Agro Product is India’s largest private-sector dairy company, with brands including Arun Icecreams, Arokya, Hatsun and Ibaco. Debt to equity is 0.95 and return on equity is 18.3 percent.
Three things changed since the last update: Q1 FY27 results on 21 July showed revenue above Rs 3,000 crore for the first time, the stock jumped 19 percent in the week of 24 August, and it spiked to Rs 1,349.70 in September before closing the week at Rs 1,139. This Hatsun Agro Product stock analysis covers the Hatsun Agro Product share price today, the Hatsun Agro Product share price target for 2026, 2027 and 2030, the Q1 FY27 numbers, catalysts and risks, key price levels and a Hatsun Agro Product buy or sell view.
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What Is the Hatsun Agro Product Share Price Target for 2026?
The 2026 target for Hatsun Agro Product shares is Rs 1,056 to Rs 1,188 in the Univest base case, which is -7.7% to +3.9% against the last close. The bull case is Rs 1,458 to Rs 1,566 and the bear case is Rs 714 to Rs 782. No brokerage price target was available on the sources we track as of 5 October 2026, so every range below is a Univest research scenario. Analyst consensus is used as a cross-check, not as the base.
Hatsun Agro Product Share Price Target Scenarios: Bull Case, Base Case and Bear Case
| Scenario | FY28E EPS | Target Multiple | Price Target (Rs) | Move vs Rs 1,143.50 |
|---|---|---|---|---|
| Bull Case | Rs 27 | 54x to 58x | 1,458 to 1,566 | +27.5% to +36.9% |
| Base Case | Rs 22 | 48x to 54x | 1,056 to 1,188 | -7.7% to +3.9% |
| Bear Case | Rs 17 | 42x to 46x | 714 to 782 | -37.6% to -31.6% |
FY28 EPS of Rs 22 in the base case is above trailing EPS of Rs 16.40 and assumes revenue near Rs 13,000 crore and EBITDA margin recovering to 13 percent. The multiples are high against the industry average, and the bear case assumes milk costs stay high and margin stays near 11 percent. The PE multiple used for each case is shown in the table, and the EPS estimate is a Univest assumption, not company guidance. Those assumptions set the Hatsun Agro Product share price target range around the current price.
Hatsun Agro Product Company Overview and Share Price Today as of 5 October 2026
Hatsun Agro Product share price today is Rs 1,143.50 on the NSE at the 5 October 2026 close, before the market opened on 6 October. The market capitalisation is Rs 25,421 crore, and the stock trades at 69.6 times earnings against an industry average of 36.0 times. The Univest base case Hatsun Agro Product share price target of Rs 1,056 to Rs 1,188 is -7.7% to +3.9% from here. The table below sets out the key numbers behind the Hatsun Agro Product share price target.
| Parameter | Value | Context |
|---|---|---|
| NSE Ticker | HATSUN | BSE code 531531 |
| Sector | Dairy | Per Univest sector classification |
| Last Close (NSE) | Rs 1,143.50 | 5 Oct 2026 close |
| 52-Week High | Rs 1,349.70 | CMP is 15.3% below |
| 52-Week Low | Rs 855.30 | CMP is 33.7% above |
| 1-Year Return | About +30% | Weekly close Rs 880.90 on 3 Oct 2025 to Rs 1,143.50 |
| Market Capitalisation | Rs 25,421 crore | Mid cap dairy company |
| Trailing P/E | About 69.6x | Industry P/E about 36.0x |
| P/B Ratio | About 13.07x | Book value Rs 87.30 per share |
| EPS (TTM) | Rs 16.40 | Trailing twelve months |
| Return on Equity | About 18.3% | Debt to equity 0.95 |
| Dividend Yield | About 0.53% | Rs 10 interim dividend for FY27 |
| 12-Month Target (Base Case) | Rs 1,056 to Rs 1,188 | Univest base case |
| Bull Case | Rs 1,458 to Rs 1,566 | +27.5% to +36.9% |
| Bear Case | Rs 714 to Rs 782 | -37.6% to -31.6% |
Track live price, fundamentals and results for Hatsun Agro Product on the Univest Screener.
How Did Hatsun Agro Product Perform in Q1 FY27?
Hatsun Agro Product reported Q1 FY27 standalone revenue from operations of Rs 3,090.49 crore, up 19.3 percent, EBITDA of Rs 353.6 crore and net profit of Rs 133.69 crore, down 1.1 percent. EPS was Rs 6.00 against Rs 6.07. Together these Q1 FY27 numbers anchor the Hatsun Agro Product share price target.
| Metric | Q1 FY27 | Context |
|---|---|---|
| Standalone Revenue | Rs 3,090.49 crore | Up 19.3%; first quarter above Rs 3,000 crore |
| EBITDA | Rs 353.6 crore | Margin 11.3% vs 14.3% |
| Net Profit | Rs 133.69 crore | Down 1.1% |
| Cost of Materials | Up 37% | Milk procurement and packaging |
| Interim Dividend | Rs 10 per share | About Rs 222.75 crore in total |
| FY27 Revenue Target | Rs 12,000 crore | Against Rs 9,959 crore in FY26 |
Higher farm-gate milk prices and packaging costs compressed the margin even as seasonal ice cream demand lifted revenue. The company plans capex of about Rs 1,000 crore in FY27 and expanded Arun Icecreams into the US. The FY27 outlook from management is the main input for these estimates. These numbers sit behind every range in the scenario table above, so they anchor the Hatsun Agro Product share price target.
Why Did Hatsun Agro Product Share Price Rise 30 Percent in a Year?
Hatsun Agro Product shares rose about 30 percent in a year because revenue is growing near 20 percent and FY26 profit rose 27.8 percent to Rs 356.2 crore. The stock climbed from Rs 855.30 in the week of 26 January 2026 to Rs 1,349.70 in the week of 14 September.
A rise of 19 percent in the week of 24 August on 8.5 lakh shares and a spike in the week of 14 September took it higher, and the sources we checked do not confirm a single cause. It has since fallen 15 percent from the high to Rs 1,143.50. The Hatsun Agro Product share price target scenarios below account for that move.
Key Catalysts for the Hatsun Agro Product Share Price Target in 2026
4 catalysts matter most for the Hatsun Agro Product share price target, and sector tailwinds in Dairy are part of the case. Together they decide whether the base case is reached.
1. Revenue Growth
Revenue grew 19.3 percent and the FY27 target is Rs 12,000 crore. Volume growth in milk and ice cream drives the run rate. If it plays out, the Hatsun Agro Product share price target moves toward the top of the base range.
2. Margin Recovery
Margin fell to 11.3 percent on milk and packaging costs. A return to 13 percent would lift EPS toward Rs 22. Strength here would support the upper end of the Hatsun Agro Product share price target.
3. Ice Cream and US Expansion
Arun Icecreams expanded into the US and debuted at the New York India Day Parade. New markets add high-margin sales. Delivery on this point keeps the Hatsun Agro Product share price target on track.
4. Capacity Capex
The company plans about Rs 1,000 crore of capex in FY27. New capacity supports growth beyond FY28. Better news here would lift the Hatsun Agro Product share price target toward the bull case.
What Are the Key Risks to the Hatsun Agro Product Share Price Target?
The main risks are milk costs, a high debt level, a very high valuation and seasonal swings. Each can pull the Hatsun Agro Product share price target lower.
Milk Costs
Cost of materials rose 37 percent and compressed margin. Further rises would hold EPS near the bear case. If it materialises, the Hatsun Agro Product share price target would slip toward the bear case.
High Debt Level
Debt to equity is 0.95 and capex of Rs 1,000 crore is planned. Higher interest costs would cut profit. This is the main downside risk to the Hatsun Agro Product share price target.
Very High Valuation
The stock trades at 69.6 times earnings and 13.1 times book. A de-rating toward 42 times FY28 EPS of Rs 17 would put the price near Rs 714. A worsening here would cut the Hatsun Agro Product share price target toward the low end of the range.
Seasonal Swings
Q1 is the strongest quarter for ice cream, and profit was only Rs 50.89 crore in Q4. Weak quarters can disappoint. Watch it closely, because it can pull the Hatsun Agro Product share price target lower quickly.
Hatsun Agro Product Stock Analysis: Support and Resistance Levels for the Share Price Target
Hatsun Agro Product stock analysis on weekly charts shows a range of Rs 1,078 to Rs 1,240 since early September, with the stock near the lower end.
The first support level is Rs 1,110 to Rs 1,119, the lows of the weeks of 5 October and 21 September. Below that, Rs 1,078 to Rs 1,040 marks the late-September low and the November base, and a weekly close under Rs 1,110 would weaken the base.
The first resistance level is Rs 1,157 to Rs 1,184, the highs of the weeks of 5 October and 21 September. Above that, Rs 1,222 to Rs 1,240 marks the early-September highs, and Rs 1,349.70 the 52-week high. These levels come from weekly price action, are not trade recommendations, and frame the near-term Hatsun Agro Product share price target.
Hatsun Agro Product Share Price Target 2026, 2027 and 2030: Short, Medium and Long Term
Short-Term Hatsun Agro Product Share Price Target (3 to 6 Months)
In the near term the stock is likely to trade between Rs 1,078 and Rs 1,184, from the late-September low to the weekly high. A close above Rs 1,184 would put Rs 1,240 in play, while a weekly close under Rs 1,078 would put Rs 1,040 in play. The Q2 FY27 results are the main trigger. This range anchors the near-term Hatsun Agro Product share price target.
12-Month and 2027 Hatsun Agro Product Share Price Target
The 12-month target price is Rs 1,056 to Rs 1,188, valued on 48 to 54 times FY28 EPS of Rs 22. The range across scenarios runs from Rs 714 in the bear case to Rs 1,566 in the bull case.
Long-Term Hatsun Agro Product Share Price Target for FY29 to 2030
For FY29 to 2030 the Univest scenario range is Rs 1,280 to Rs 1,840. This assumes EPS of Rs 32 in FY29 and Rs 40 in FY30 and a multiple of 40 to 46 times. It needs revenue growth near 18 percent and margin back at 13 percent. This is the long-term Hatsun Agro Product share price target in the Univest scenarios.
Bull Case and Bear Case for Hatsun Agro Product Share Price Target
Bull Case Rs 1,458 to Rs 1,566
The bull case of Rs 1,458 to Rs 1,566 for the Hatsun Agro Product share price target needs EPS of Rs 27 and the market to pay 54 to 58 times for it. It is +27.5% to +36.9% from the last close.
Bear Case Rs 714 to Rs 782
The bear case of Rs 714 to Rs 782 for the Hatsun Agro Product share price target equals 42 to 46 times FY28 EPS of Rs 17 and sits below the Rs 855.30 low. It is -37.6% to -31.6% from the last close.
Is Hatsun Agro Product a Good Buy at Rs 1,144? Hatsun Agro Product Buy or Sell View
Whether Hatsun Agro Product is a buy at Rs 1,143.50 depends on horizon and risk appetite. The base case implies -8 to 4 percent from here, the stock trades at 69.6 times trailing earnings, and the open question is margin. The Hatsun Agro Product share price target range is the starting point for that decision.
Long-term holders may focus on revenue growth, the margin path and the ice cream business, and treat Rs 1,110 as the level to watch. Short-term traders may prefer to wait for a close above Rs 1,184. Check institutional holding in the September quarter filing for signs of accumulation or selling. Consult a SEBI-registered advisor before acting, since this Hatsun Agro Product buy or sell view is educational.
How to Invest in Hatsun Agro Product Shares
Step 1: Check the live price, valuation and the latest Hatsun Agro Product share price target range on the Univest Screener.
Step 2: Open a demat and trading account with a SEBI-registered broker such as Univest before acting on any Hatsun Agro Product share price target.
Step 3: Search for HATSUN on the NSE or 531531 on the BSE in your trading app.
Step 4: Place a limit order near your planned entry and size the position so a fall to Rs 714 is bearable.
Step 5: Track milk costs, margin and Q2 FY27 results and set price alerts on the Univest App to follow any change in the Hatsun Agro Product share price target.
Conclusion
Hatsun Agro Product closed at Rs 1,143.50 against a Univest base case share price target of Rs 1,056 to Rs 1,188, a bull case of Rs 1,458 to Rs 1,566 and a bear case of Rs 714 to Rs 782. Q1 FY27 delivered record revenue of Rs 3,090.49 crore, up 19.3 percent, with profit down 1.1 percent to Rs 133.69 crore. The main risks are milk costs, debt and valuation.
The stock is 15.3 percent below its 52-week high, so the base case implies roughly -8 to 4 percent from here. The triggers to watch are milk costs, the Q2 FY27 results and the Rs 1,110 and Rs 1,184 levels. Re-check the Hatsun Agro Product share price target after each quarterly result. Investors with a long horizon and tolerance for volatility can track these triggers, while others may prefer to size positions carefully.
Download the Univest iOS App or Univest Android App to track Hatsun Agro Product live price and get daily stock recommendations.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Hatsun Agro Product Share Price Target 2026
What is the Hatsun Agro Product share price target for 2026?
Ans. The Hatsun Agro Product share price target for 2026 is Rs 1,056 to Rs 1,188 in the Univest base case, with a bull case of Rs 1,458 to Rs 1,566 and a bear case of Rs 714 to Rs 782. No brokerage price target was available on the sources we track as of 5 October 2026, so every range below is a Univest research scenario. These are estimates and can change after the Q2 FY27 results.
What is the Hatsun Agro Product share price target for 2027?
Ans. The Hatsun Agro Product share price target for 2027 is Rs 1,056 to Rs 1,188 in the base case, valued on 48 to 54 times FY28 EPS of Rs 22. The scenario range runs from Rs 714 to Rs 1,566.
Is Hatsun Agro Product a good buy at Rs 1,143.50?
Ans. Whether Hatsun Agro Product is a good buy at Rs 1,143.50 depends on your horizon, risk appetite and how you read the Hatsun Agro Product share price target. Revenue is growing about 20 percent, but Q1 profit fell and the stock trades at about 70 times earnings against 36 for the industry. Consult a SEBI-registered advisor before investing.
What are the key risks to the Hatsun Agro Product share price target?
Ans. The key risks to the Hatsun Agro Product share price target are milk costs, high debt level, very high valuation and seasonal swings. Cost of materials rose 37 percent and compressed margin. Further rises would hold EPS near the bear case.
What are the key catalysts for the Hatsun Agro Product share price target?
Ans. The key catalysts for the Hatsun Agro Product share price target are revenue growth, margin recovery, ice cream and us expansion and capacity capex. Revenue grew 19.3 percent and the FY27 target is Rs 12,000 crore. Volume growth in milk and ice cream drives the run rate.
Where can I track Hatsun Agro Product share price today and Hatsun Agro Product share price target updates?
Ans. You can track the live Hatsun Agro Product share price, results and any change to the Hatsun Agro Product share price target on the Univest Screener and the Univest App. Download the Univest iOS App or Univest Android App for research from SEBI-registered analysts.
What are Hatsun Agro Product’s 52-week high and low?
Ans. Hatsun Agro Product’s 52-week high is Rs 1,349.70 and its 52-week low is Rs 855.30, based on weekly NSE data. At Rs 1,143.50 the stock is 15.3 percent below the high and 33.7 percent above the low. Both levels frame the Hatsun Agro Product share price target.
How to buy Hatsun Agro Product shares?
Ans. Open a demat account with a SEBI-registered broker such as Univest, search for HATSUN on the NSE or 531531 on the BSE, and place a limit order near your entry price, using the Hatsun Agro Product share price target range as a guide. Size the position so a fall to Rs 714 is bearable, and check the live price on the Univest Screener first.