| Milk and Milk Products | Manufacture and sale of milk, curd, ghee, dairy whiteners, paneer and skimmed milk powder. | Strong brand equity and extensive retail distribution network across Southern India. | Primarily B2C retail consumers via 'HAP Daily' stores and local distributors. | Value-added dairy products like ghee and paneer have higher margins. | 1106 | 12 | Sales revenue from product sales through retail outlets and distributors. | Traditional direct sales through retail and distribution at competitive market pricing. | Increasing urban demand for dairy products, product innovation, and expansion of retail outlets. | Arokya Milk, Hatsun Curd, Hatsun Ghee, Hatsun Dairy Whitener, Hatsun Paneer |
| Others (Ice Creams, Ready-to-Eat, Cattle Feed) | Ice creams, chocolates, ready-to-eat products, cattle feed production and sales. | Exclusive brand positioning with continuous product innovation and premium parlour formats. | B2C consumers, cattle farmers for feed products, and retail chains. | Premium ice creams and branded ready-to-eat foods deliver higher margins. | 34 | 0 | Sales from proprietary parlours, retail outlets, and cattle feed mills. | Retail and parlour direct sales, subscription not applicable. | Brand expansion via premium parlours, acquisition of Milk Mantra, and increasing demand for ready-to-eat items. | Arun Ice Creams, IBACO, Hatsun Ready-to-Eat, Milk Mantra Milky Moo (subsidiary) |
