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The same is compared with two of the company’s peers Modern Diaries limited and Heritage Food India Limited. All the three companies operate in the Milk and Dairy product segment. The major revenue generators for the three companies are Dairy products, and the products are strongly brand driven in their respective market segments.
The profitability of HAPL over the last five years can be analyzed using profitability financial ratios like Return on Assets (ROA) and Return on Capital Employed (ROCE). In the past five years there has been a consistent increase in the return on assets (Table 1)...
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