{"id":265141,"date":"2026-09-23T15:31:09","date_gmt":"2026-09-23T10:01:09","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=265141"},"modified":"2026-09-23T15:31:09","modified_gmt":"2026-09-23T10:01:09","slug":"hatsun-agro-vs-heritage-foods-vs-parag-milk-foods","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/hatsun-agro-vs-heritage-foods-vs-parag-milk-foods\/","title":{"rendered":"Hatsun Agro Product vs Heritage Foods vs Parag Milk Foods: Which Stock Should You Track"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Hatsun Agro Product PE 71.17, mkt cap Rs 25,998 crore. Heritage Foods PE 28.60, mkt cap Rs 3,848 crore. Parag Milk Foods PE 24.36, mkt cap Rs 3,507 crore.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Hatsun Agro Product vs Heritage Foods vs Parag Milk Foods is a side-by-side comparison of three companies from the Dairy and Food Processing space. On this comparison, Hatsun Agro Product carries a market capitalisation of about Rs 25,998 crore against Rs 3,848 crore for Heritage Foods and Rs 3,507 crore for Parag Milk Foods, with return on equity of 18.32%, 13.61% and 11.69% respectively. Each company&#8217;s numbers are presented here without a declared better pick, since the right stock depends on an investor&#8217;s own criteria.<\/p>\n<\/div>\n<p>Hatsun Agro Product vs Heritage Foods vs Parag Milk Foods starts with the core numbers most investors compare within the Dairy and Food Processing segment: market capitalisation, valuation multiples, profitability and dividend yield. Figures below are sourced as of September 2026 and will shift with daily price moves.<\/p>\n<p>All three names sit in the Dairy and Food Processing bucket, which makes them a natural set to place side by side rather than a random trio of unrelated businesses.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=hatsun-agro-vs-heritage-foods-vs-parag-milk-foods\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/hatsun-agro-vs-heritage-foods-vs-parag-milk-foods\/#Hatsun_Agro_Product_Heritage_Foods_and_Parag_Milk_Foods_Company_Overview\" title=\"Hatsun Agro Product, Heritage Foods and Parag Milk Foods: Company Overview\">Hatsun Agro Product, Heritage Foods and Parag Milk Foods: Company Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/hatsun-agro-vs-heritage-foods-vs-parag-milk-foods\/#Hatsun_Agro_Product_vs_Heritage_Foods_vs_Parag_Milk_Foods_Valuation_and_Profitability_Snapshot\" title=\"Hatsun Agro Product vs Heritage Foods vs Parag Milk Foods: Valuation and Profitability Snapshot\">Hatsun Agro Product vs Heritage Foods vs Parag Milk Foods: Valuation and Profitability Snapshot<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/hatsun-agro-vs-heritage-foods-vs-parag-milk-foods\/#Hatsun_Agro_Product_vs_Heritage_Foods_vs_Parag_Milk_Foods_Latest_Quarterly_Results\" title=\"Hatsun Agro Product vs Heritage Foods vs Parag Milk Foods: Latest Quarterly Results\">Hatsun Agro Product vs Heritage Foods vs Parag Milk Foods: Latest Quarterly Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/hatsun-agro-vs-heritage-foods-vs-parag-milk-foods\/#What_Should_Investors_Look_at_Beyond_These_Numbers\" title=\"What Should Investors Look at Beyond These Numbers?\">What Should Investors Look at Beyond These Numbers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/hatsun-agro-vs-heritage-foods-vs-parag-milk-foods\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/hatsun-agro-vs-heritage-foods-vs-parag-milk-foods\/#FAQs_on_Hatsun_Agro_Product_vs_Heritage_Foods_vs_Parag_Milk_Foods\" title=\"FAQs on Hatsun Agro Product vs Heritage Foods vs Parag Milk Foods\">FAQs on Hatsun Agro Product vs Heritage Foods vs Parag Milk Foods<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/hatsun-agro-vs-heritage-foods-vs-parag-milk-foods\/#What_is_the_market_cap_difference_between_Hatsun_Agro_Product_Heritage_Foods_and_Parag_Milk_Foods\" title=\"What is the market cap difference between Hatsun Agro Product, Heritage Foods and Parag Milk Foods?\">What is the market cap difference between Hatsun Agro Product, Heritage Foods and Parag Milk Foods?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/hatsun-agro-vs-heritage-foods-vs-parag-milk-foods\/#Which_of_the_three_has_the_highest_PE_ratio\" title=\"Which of the three has the highest PE ratio?\">Which of the three has the highest PE ratio?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/hatsun-agro-vs-heritage-foods-vs-parag-milk-foods\/#Which_of_the_three_has_the_highest_ROE\" title=\"Which of the three has the highest ROE?\">Which of the three has the highest ROE?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/hatsun-agro-vs-heritage-foods-vs-parag-milk-foods\/#Which_of_these_three_stocks_pays_the_highest_dividend_yield\" title=\"Which of these three stocks pays the highest dividend yield?\">Which of these three stocks pays the highest dividend yield?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/hatsun-agro-vs-heritage-foods-vs-parag-milk-foods\/#What_is_the_debt_to_equity_ratio_for_Hatsun_Agro_Product_Heritage_Foods_and_Parag_Milk_Foods\" title=\"What is the debt to equity ratio for Hatsun Agro Product, Heritage Foods and Parag Milk Foods?\">What is the debt to equity ratio for Hatsun Agro Product, Heritage Foods and Parag Milk Foods?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/hatsun-agro-vs-heritage-foods-vs-parag-milk-foods\/#Which_of_the_three_trades_at_the_highest_price_to_book_value\" title=\"Which of the three trades at the highest price to book value?\">Which of the three trades at the highest price to book value?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/hatsun-agro-vs-heritage-foods-vs-parag-milk-foods\/#Is_one_of_Hatsun_Agro_Product_Heritage_Foods_or_Parag_Milk_Foods_better_than_the_others\" title=\"Is one of Hatsun Agro Product, Heritage Foods or Parag Milk Foods better than the others?\">Is one of Hatsun Agro Product, Heritage Foods or Parag Milk Foods better than the others?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Hatsun_Agro_Product_Heritage_Foods_and_Parag_Milk_Foods_Company_Overview\"><\/span><strong>Hatsun Agro Product, Heritage Foods and Parag Milk Foods: Company Overview<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Hatsun Agro Product<\/strong> is a listed Indian company in the Dairy and Food Processing space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.<\/p>\n<p><strong>Heritage Foods<\/strong> is a listed Indian company in the Dairy and Food Processing space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.<\/p>\n<p><strong>Parag Milk Foods<\/strong> is a listed Indian company in the Dairy and Food Processing space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Hatsun_Agro_Product_vs_Heritage_Foods_vs_Parag_Milk_Foods_Valuation_and_Profitability_Snapshot\"><\/span><strong>Hatsun Agro Product vs Heritage Foods vs Parag Milk Foods: Valuation and Profitability Snapshot<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Metric<\/th>\n<th><a href=\"https:\/\/univest.in\/stocks\/hatsun\/hatsun-agro-products-ltd-share-price-today\">Hatsun Agro Product<\/a><\/th>\n<th><a href=\"https:\/\/univest.in\/stocks\/heritgfood\/heritage-foods-ltd-share-price-today\">Heritage Foods<\/a><\/th>\n<th><a href=\"https:\/\/univest.in\/stocks\/paragmilk\/parag-milk-foods-ltd-share-price-today\">Parag Milk Foods<\/a><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Market Cap (approx.)<\/td>\n<td>Rs 25,998 crore<\/td>\n<td>Rs 3,848 crore<\/td>\n<td>Rs 3,507 crore<\/td>\n<\/tr>\n<tr>\n<td>PE Ratio (TTM)<\/td>\n<td>71.17<\/td>\n<td>28.60<\/td>\n<td>24.36<\/td>\n<\/tr>\n<tr>\n<td>PB Ratio<\/td>\n<td>13.37<\/td>\n<td>3.50<\/td>\n<td>2.80<\/td>\n<\/tr>\n<tr>\n<td>Return on Equity (ROE)<\/td>\n<td>18.32%<\/td>\n<td>13.61%<\/td>\n<td>11.69%<\/td>\n<\/tr>\n<tr>\n<td>EPS (TTM, Rs)<\/td>\n<td>16.40<\/td>\n<td>14.50<\/td>\n<td>11.46<\/td>\n<\/tr>\n<tr>\n<td>Dividend Yield<\/td>\n<td>0.51%<\/td>\n<td>0.60%<\/td>\n<td>0.39%<\/td>\n<\/tr>\n<tr>\n<td>Debt to Equity<\/td>\n<td>0.95<\/td>\n<td>0.33<\/td>\n<td>0.39<\/td>\n<\/tr>\n<tr>\n<td>Book Value per Share (Rs)<\/td>\n<td>87.30<\/td>\n<td>118.55<\/td>\n<td>99.60<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for Live Data<\/strong><\/a><\/p>\n<p>On valuation, Hatsun Agro Product trades at a PE of 71.17 and a PB of 13.37, Heritage Foods at a PE of 28.60 and a PB of 3.50, while Parag Milk Foods trades at a PE of 24.36 and a PB of 2.80. On return on equity, the three post 18.32%, 13.61% and 11.69% respectively, and on dividend yield they stand at 0.51%, 0.60% and 0.39%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Hatsun_Agro_Product_vs_Heritage_Foods_vs_Parag_Milk_Foods_Latest_Quarterly_Results\"><\/span><strong>Hatsun Agro Product vs Heritage Foods vs Parag Milk Foods: Latest Quarterly Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Company<\/th>\n<th>Latest Quarter Revenue<\/th>\n<th>Latest Quarter Net Profit<\/th>\n<th>YoY Change (Revenue)<\/th>\n<th>QoQ Change (Revenue)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Hatsun Agro Product<\/td>\n<td>Rs 2,366.68 crore<\/td>\n<td>Rs 60.58 crore<\/td>\n<td>+17.6%<\/td>\n<td>-2.7%<\/td>\n<\/tr>\n<tr>\n<td>Heritage Foods<\/td>\n<td>Rs 1,344.50 crore<\/td>\n<td>Rs 24.97 crore<\/td>\n<td>+17.7%<\/td>\n<td>+15.5%<\/td>\n<\/tr>\n<tr>\n<td>Parag Milk Foods<\/td>\n<td>Rs 945.98 crore<\/td>\n<td>Rs 22.05 crore<\/td>\n<td>+10.1%<\/td>\n<td>-1.9%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Quarterly figures above are the most recent reported quarter for each company (Q1 FY28, quarter ended June 2026), compared with the year-ago and preceding quarter.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Hatsun Agro Product, Heritage Foods and Parag Milk Foods live prices.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Should_Investors_Look_at_Beyond_These_Numbers\"><\/span><strong>What Should Investors Look at Beyond These Numbers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Beyond the metrics above, investors comparing these three dairy and food processing names should track quarter-on-quarter revenue and margin trends, management commentary on demand and cost drivers, and any sector-specific regulatory developments, since a single-quarter snapshot can shift quickly.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Hatsun Agro Product vs Heritage Foods vs Parag Milk Foods highlights how differently three companies in the same dairy and food processing segment can score across valuation, profitability and dividend metrics, even when operating in a similar space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information as of September 2026 and may not reflect real-time prices. Please verify all data independently before making any investment decision. This comparison does not recommend or endorse any single stock over another; 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).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Hatsun_Agro_Product_vs_Heritage_Foods_vs_Parag_Milk_Foods\"><\/span><strong>FAQs on Hatsun Agro Product vs Heritage Foods vs Parag Milk Foods<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_cap_difference_between_Hatsun_Agro_Product_Heritage_Foods_and_Parag_Milk_Foods\"><\/span><strong>What is the market cap difference between Hatsun Agro Product, Heritage Foods and Parag Milk Foods?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of September 2026, Hatsun Agro Product has a market cap of approximately Rs 25,998 crore, Heritage Foods is at approximately Rs 3,848 crore, and Parag Milk Foods is at approximately Rs 3,507 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_the_three_has_the_highest_PE_ratio\"><\/span><strong>Which of the three has the highest PE ratio?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Among Hatsun Agro Product, Heritage Foods and Parag Milk Foods, the PE ratios stand at 71.17, 28.60 and 24.36 respectively as of September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_the_three_has_the_highest_ROE\"><\/span><strong>Which of the three has the highest ROE?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Hatsun Agro Product, Heritage Foods and Parag Milk Foods post ROE of 18.32%, 13.61% and 11.69% respectively as of September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_these_three_stocks_pays_the_highest_dividend_yield\"><\/span><strong>Which of these three stocks pays the highest dividend yield?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Hatsun Agro Product, Heritage Foods and Parag Milk Foods carry dividend yields of 0.51%, 0.60% and 0.39% respectively.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_debt_to_equity_ratio_for_Hatsun_Agro_Product_Heritage_Foods_and_Parag_Milk_Foods\"><\/span><strong>What is the debt to equity ratio for Hatsun Agro Product, Heritage Foods and Parag Milk Foods?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Hatsun Agro Product carries a debt to equity of 0.95, Heritage Foods of 0.33, and Parag Milk Foods of 0.39.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_the_three_trades_at_the_highest_price_to_book_value\"><\/span><strong>Which of the three trades at the highest price to book value?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Hatsun Agro Product, Heritage Foods and Parag Milk Foods trade at price to book ratios of 13.37, 3.50 and 2.80 respectively.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_one_of_Hatsun_Agro_Product_Heritage_Foods_or_Parag_Milk_Foods_better_than_the_others\"><\/span><strong>Is one of Hatsun Agro Product, Heritage Foods or Parag Milk Foods better than the others?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor&#8217;s own criteria and research.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the market cap difference between Hatsun Agro Product, Heritage Foods and Parag Milk Foods?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"As of September 2026, Hatsun Agro Product has a market cap of approximately Rs 25,998 crore, Heritage Foods is at approximately Rs 3,848 crore, and Parag Milk Foods is at approximately Rs 3,507 crore.\"}},{\"@type\":\"Question\",\"name\":\"Which of the three has the highest PE ratio?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Among Hatsun Agro Product, Heritage Foods and Parag Milk Foods, the PE ratios stand at 71.17, 28.60 and 24.36 respectively as of September 2026.\"}},{\"@type\":\"Question\",\"name\":\"Which of the three has the highest ROE?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Hatsun Agro Product, Heritage Foods and Parag Milk Foods post ROE of 18.32%, 13.61% and 11.69% respectively as of September 2026.\"}},{\"@type\":\"Question\",\"name\":\"Which of these three stocks pays the highest dividend yield?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Hatsun Agro Product, Heritage Foods and Parag Milk Foods carry dividend yields of 0.51%, 0.60% and 0.39% respectively.\"}},{\"@type\":\"Question\",\"name\":\"What is the debt to equity ratio for Hatsun Agro Product, Heritage Foods and Parag Milk Foods?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Hatsun Agro Product carries a debt to equity of 0.95, Heritage Foods of 0.33, and Parag Milk Foods of 0.39.\"}},{\"@type\":\"Question\",\"name\":\"Which of the three trades at the highest price to book value?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Hatsun Agro Product, Heritage Foods and Parag Milk Foods trade at price to book ratios of 13.37, 3.50 and 2.80 respectively.\"}},{\"@type\":\"Question\",\"name\":\"Is one of Hatsun Agro Product, Heritage Foods or Parag Milk Foods better than the others?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This comparison does not declare one stock better than another; 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