Hatsun Agro Product cash flow

Latest FY26

Cash from operations: ₹1,557cr+7.9% on FY25
Capital spending: ₹439cr−32.9% on FY25
Free cash flow: ₹1,118cr+41.6% on FY25
Cash from financing: −₹1,130cr−₹564 cr in FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Changes in working capital
Adjustments to reconcile profit — non-cash items						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	—	574	465	409	362
	—	146	182	154	126
	—	−5.4	0.0	0.0	0.0
	—	0.0	−2.8	−1.7	0.0
	—	0.4	0.0	0.0	0.0
	—	−4.3	0.0	0.0	0.0
	—	0.0	−4.0	−16.0	−6.3
	—	405	465	−876	32.9
	—	3.4	−18.1	−2.3	−0.0
	—	−6.9	0.0	3.0	−6.2
	—	0.0	−1.9	−3.0	−0.9
	—	0.0	5.3	7.9	0.0
	—	−12.7	0.0	0.0	2.7
	—	80.3	59.4	3.8	0.0
	—	13.1	14.7	12.5	17.1
	—	0.0	0.0	4.1	2.0
	—	0.0	0.0	−3.5	47.1
	—	21.4	8.0	−0.3	2.1
	—	0.0	0.0	5.8	4.9
Cash from operating activities
	471	470	386	358	225
	—	1,214	1,173	−302	583
	—	1,684	1,559	55.9	808
	—	0.0	−3.9	−3.2	−2.0
	—	128	112	124	64.4
	—	1,557	1,443	−71.5	741
Cash from investing activities
	—	439	653	535	471
	—	8.4	12.3	150	36.9
	—	12.4	0.0	0.0	0.0
	—	272	540	981	0.0
	—	272	540	973	0.0
	—	0.0	233	0.0	2.1
	—	2.0	3.9	3.2	2.0
	—	5.3	−9.3	2.2	−6.4
	—	−435	−880	−388	−441
Cash from financing activities
	—	0.0	0.0	0.0	297
	—	188	526	4,652	3,032
	—	951	701	3,828	3,292
	—	0.0	109	98.5	79.6
	—	112	146	118	128
	—	134	134	134	129
	—	−121	0.0	0.0	0.0
	—	−1,130	−564	474	−300
	—	−8.4	−0.7	13.6	0.0
	—	−8.4	−0.7	13.6	0.0
	—	—	—	50.7	37.1
Reference items
	1,175	1,177	1,014	899	701
	10.8%	11.8%	11.7%	11.3%	9.7%
	1,118	1,118	790	−607	270
	—	242	469	98.9	—
	₹50.18	₹50.18	₹35.45	−₹27.23	₹12.12
	20.07×	—	—	—	—
	—	4.37×	5.06×	−0.27×	4.47×
	—	128	112	124	64.4
	—	112	146	118	128

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From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.

alphave

HATSUN₹1,007.20

Hatsun Agro Product Limited

· FMCG & Retail

₹ CrorePeersKWIL DODLA VADILALIND PARAGMILK MLKFOOD VADILENTMcap ₹22,440 Cr

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In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	361.5	409.5	465.3	573.6	—
+ Finance Costs	125.9	154.2	181.7	146.3	—
+ Interest Income	0.0	0.0	0.0	-5.4	—
+ Fair Value (Gains) / Losses	0.0	-1.7	-2.8	0.0	—
+ Unrealised FX (Gain) / Loss	0.0	0.0	0.0	0.4	—
+ Other Non-cash Items	0.0	0.0	0.0	-4.3	—
+ Other — Cash Effects are Investing / Financing	-6.3	-16.0	-4.0	0.0	—
Changes in Working Capital
+ Inventories	32.9	-876.1	465.2	404.8	—
+ Trade Receivables — Current	-0.0	-2.3	-18.1	3.4	—
+ Other Financial Assets — Current	-6.2	3.0	0.0	-6.9	—
+ Other Financial Assets — Non-current	-0.9	-3.0	-1.9	0.0	—
+ Other Current Assets	0.0	7.9	5.3	0.0	—
+ Other Non-current Assets	2.7	0.0	0.0	-12.7	—
+ Trade Payables — Current	0.0	3.8	59.4	80.3	—
+ Other Financial Liabilities — Current	17.1	12.5	14.7	13.1	—
+ Other Current Liabilities	2.0	4.1	0.0	0.0	—
+ Other Non-current Liabilities	47.1	-3.5	0.0	0.0	—
+ Provisions — Current	2.1	-0.3	8.0	21.4	—
+ Provisions — Non-current	4.9	5.8	0.0	0.0	—
Cash from Operating Activities
Profit Before Tax (per I/S)	224.6	357.9	386.2	470.5	470.7
+ Total Adjustments (incl. Working Capital)	583.0	-302.0	1,172.6	1,213.9	—
Cash from Operations (pre-tax)	807.5	55.9	1,558.8	1,684.4	—
+ Interest Received — Operating	-2.0	-3.2	-3.9	0.0	—
+ Income Taxes Paid	64.4	124.1	111.8	127.8	—
Cash from Operating Activities	741.2	-71.5	1,443.1	1,556.5	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	471.2	535.3	653.3	438.6	—
+ Disp of Fixed Assets	36.9	149.6	12.3	8.4	—
+ Acq of Investment Property	0.0	0.0	0.0	12.4	—
+ Acq of Other Long-term Assets	0.0	981.3	540.4	271.6	—
+ Disp of Other Long-term Assets	0.0	973.1	539.8	272.3	—
+ Purchase of Investments (Equity / Debt)	2.1	0.0	233.0	0.0	—
+ Interest Received — Investing	2.0	3.2	3.9	2.0	—
+ Other Inflows / (Outflows) — Investing	-6.4	2.2	-9.3	5.3	—
Cash from Investing Activities	-440.8	-388.5	-879.9	-434.7	—
Cash from Financing Activities
+ Proceeds from Issue of Shares	296.8	0.0	0.0	0.0	—
+ Proceeds from Borrowings	3,031.8	4,651.5	525.7	187.8	—
+ Repayment of Borrowings	3,292.1	3,827.9	700.7	951.4	—
+ Payment of Lease Liabilities	79.6	98.5	109.5	0.0	—
+ Interest Paid	127.9	117.9	145.7	111.9	—
+ Dividends Paid	129.3	133.6	133.7	133.7	—
+ Other Inflows / (Outflows) — Financing	0.0	0.0	0.0	-121.0	—
Cash from Financing Activities	-300.4	473.5	-563.9	-1,130.2	—
Net Changes in Cash (pre-FX)	0.0	13.6	-0.7	-8.4	—
Net Changes in Cash	0.0	13.6	-0.7	-8.4	—
Closing Cash	37.1	50.7	—	—	—
Reference Items
EBITDA	701.4	899.0	1,013.7	1,176.6	1,174.5
EBITDA Margin %	9.68	11.25	11.70	11.81	10.79
Free Cash Flow (CFO − Capex)	270.0	-606.7	789.8	1,118.0	1,118.0
Free Cash Flow to Equity	—	98.9	469.1	241.5	—
Free Cash Flow per Basic Share	12.12	-27.23	35.45	50.18	50.18
Price to Free Cash Flow	—	—	—	—	20.07
Cash Flow to Net Income	4.47	-0.27	5.06	4.37	—
Cash Paid for Taxes	64.4	124.1	111.8	127.8	—
Cash Paid for Interest	127.9	117.9	145.7	111.9	—

As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.