Hatsun Agro Product (NSE:HATSUN) Operating Margin %: 3.47% (As of Mar. 2026) — 40% Below Median


NSE:HATSUN Hatsun Agro Product Ltd NSE:HATSUN
87 GF Score
Price ₹917.55
GF Value ₹1,286.32
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Hatsun Agro Product Operating Margin %?

Hatsun Agro Product NSE:HATSUN +0.46% 87 Operating Margin % is 3.47% as of Mar. 2026, which is 40% below its 10-year median of 5.82. GuruFocus rates NSE:HATSUN with a GF Score™ of 87/100 and a GF Value™ of ₹1,286.32 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,951 Consumer Packaged Goods companies, Hatsun Agro Product ranks better than 54.74% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Hatsun Agro Product's Operating Income for the three months ended in Mar. 2026 was ₹895 Mil. Hatsun Agro Product's Revenue for the three months ended in Mar. 2026 was ₹25,776 Mil. Therefore, Hatsun Agro Product's Operating Margin % for the quarter that ended in Mar. 2026 was 3.47%.

Warning Sign:

Hatsun Agro Product Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -5.4%.

The historical rank and industry rank for Hatsun Agro Product's Operating Margin % or its related term are showing as below:

NSE:HATSUN' s Operating Margin % Range Over the Past 10 Years
Min: 4.59   Med: 5.82   Max: 9.16
Current: 6.06


NSE:HATSUN's Operating Margin % is ranked better than
54.74% of 1951 companies
in the Consumer Packaged Goods industry
Industry Median: 5.26 vs NSE:HATSUN: 6.06

Hatsun Agro Product's 5-Year Average Operating Margin % Growth Rate was -5.40% per year.

Hatsun Agro Product's Operating Income for the three months ended in Mar. 2026 was ₹895 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹6,030 Mil.


Hatsun Agro Product  (NSE:HATSUN) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Hatsun Agro Product Operating Margin % Related Terms


Hatsun Agro Product Operating Margin % Historical Data

* Premium members only.

The historical data trend for Hatsun Agro Product's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hatsun Agro Product Operating Margin % Chart

Hatsun Agro Product Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.49 4.72 6.15 6.20 6.06

Hatsun Agro Product Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.37 8.64 7.45 4.61 3.47

NSE:HATSUN vs KHC, GIS: Operating Margin % Comparison

For the Packaged Foods subindustry, Hatsun Agro Product's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hatsun Agro Product Operating Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hatsun Agro Product's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Hatsun Agro Product's Operating Margin % falls into.


NSE:HATSUN
87GF Score
Hatsun Agro Product Ltd NSE:HATSUN
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hatsun Agro Product Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Hatsun Agro Product's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=6030.4 / 99592.2
=6.06 %

Hatsun Agro Product's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=894.6 / 25776.3
=3.47 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 3.47% mean?
Hatsun Agro Product (NSE:HATSUN) has a Operating Margin % of 3.47% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Hatsun Agro Product and its competitors. This is 40% below median its historical median of 5.82. Over the past decade, Hatsun Agro Product's Operating Margin % has ranged from 4.59 to 9.16. According to the industry distribution chart, Hatsun Agro Product ranks #883 out of 1951 companies in the Consumer Packaged Goods industry, placing it in the top 45.3%.
Is Hatsun Agro Product's Operating Margin % too high?
Hatsun Agro Product's current Operating Margin % of 3.47% is 40% below median its 10-year median of 5.82. Over the past 10 years, this metric has ranged from a low of 4.59 to a high of 9.16. The Consumer Packaged Goods industry median Operating Margin % is 5.26. Hatsun Agro Product's value of 3.47% is 34% below this industry median. Based on the distribution chart, Hatsun Agro Product ranks #883 out of 1951 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Hatsun Agro Product has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hatsun Agro Product's Operating Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Hatsun Agro Product ranks #883 out of 1951 companies for Operating Margin %. This puts Hatsun Agro Product in the upper half of its industry. The industry median Operating Margin % is 5.26. Hatsun Agro Product's value of 3.47% is 34% below this benchmark. Historically, Hatsun Agro Product's own Operating Margin % has ranged from 4.59 to 9.16 over the past decade. While the company's 10-year median is 5.82 vs. the industry median of 5.26, Hatsun Agro Product has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Consumer Packaged Goods company?
The median Operating Margin % among Consumer Packaged Goods companies is 5.26, based on 1,951 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hatsun Agro Product's current Operating Margin % of 3.47% is 34% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Hatsun Agro Product and its competitors. For the Consumer Packaged Goods industry, the median Operating Margin % is 5.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hatsun Agro Product's current Operating Margin % is 3.47%, which is 40% below median its own 10-year median of 5.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hatsun Agro Product stock overvalued right now?
Based on GuruFocus' analysis, Hatsun Agro Product (NSE:HATSUN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,286.32, compared to a current price of ₹917.55 — trading 28.7% below its estimated fair value. The current Operating Margin % is 3.47%, which is 40% below median its 10-year median of 5.82 and 34% below the Consumer Packaged Goods industry median of 5.26. Hatsun Agro Product's overall GF Score™ is 87/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Hatsun Agro Product (NSE:HATSUN), the current Operating Margin % is 3.47% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hatsun Agro Product (NSE:HATSUN) Overvalued in 2026?

Based on GuruFocus' analysis, Hatsun Agro Product stock appears to be undervalued. The current stock price of ₹917.55 is trading 28.7% below its estimated GF Value™ of ₹1,286.32. GuruFocus considers Hatsun Agro Product to be Modestly Undervalued.

Key valuation signals for NSE:HATSUN:

  • Operating Margin %: 3.47% (40% below median its 10-year median of 5.82)
  • GF Value™: ₹1,286.32 vs. price of ₹917.55 (28.7% below fair value)
  • GF Score™: 87/100 with 1 warning sign
  • Industry Position: 34% below the Consumer Packaged Goods median (#883 of 1951)

No single metric tells the full story. See the NSE:HATSUN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hatsun Agro Product Business Description

Other Exchanges 531531:India
Address Plot No. 14, TNHB, Tamil Nadu Housing Board 'A' Road, Sholinganallur, Chennai, TN, IND, 600 119
Hatsun Agro Product Ltd provides a range of dairy products for the areas of cooking and consumption. Its products include milk, curd, ice creams, dairy whitener, skimmed milk powder, ghee, paneer, cattle feed, and others. The firm markets its products under Arokya, Hatsun, Arun, and Ibaco brand names. The company operates in single-segment Milk and Milk products. The company derives the majority of its revenue from the Milk and Milk products segment. Geographically, it generates maximum revenue from India.
87GF Score

Get the complete analysis for NSE:HATSUN

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹917.55
Price
₹1,286.32
GF Value