HAP

Chennai, India Founded: 1970 • Age: 56 yrs Listed
Brand of dairy products
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About HAP

HAP is a publicly listed company based in Chennai (India) founded in 1970 by R G Chandramogan. Brand of dairy products. The company has 5,310 employees. HAP has completed 1 acquisition, including Milk Mantra. Its website hap.in draws about 46 thousand monthly visits. Its Indian entity Hatsun Agro Product Limited reported revenue of ₹9,973 Cr. Its focus areas include Food and Agriculture, Food & Beverage Products, Dairy and Multi-category. Its competitors include Sid's Farm, Desi Farms and Milk Mantra; 3 of its 3 listed competitors have raised funding.

Company details

HAP was founded in 1970 and is headquartered in Chennai, India. Operations focus on the dairy sector, where a range of products such as milk, curd, ice creams, ghee, skimmed milk powder, paneer, and dairy whitener are manufactured and marketed. Brands under HAP include Arun Icecreams, Arokya Milk, Hatsun Curd, Hatsun Paneer, Hatsun Ghee, and Ibaco. The company serves the Indian market through these established product lines.

  • Headquarters Chennai, India
  • Employees 5,310
  • Founders R G Chandramogan
  • Stage Public
  • Sectors
    Consumer
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website hap.in
  • Social LinkedIn
  • Legal Name Hatsun Agro Product Limited
Operational Areas
Consumer → Food & Beverage Products & Processing
Key Metrics
  • Market Cap
    ₹21,912 Cr

    HATSUN · NSE

  • Share Price
    ₹968.10

    -1.59% today

  • Revenue
    ₹8,700 Cr

    FY 2024-25 · +8.9% YoY

  • EBITDA
    ₹1,010 Cr

    Margin 11.6%

  • Net Profit
    ₹275 Cr

    FY 2024-25 · +7.2% YoY

  • P/E (TTM)
    64.0x

    P/B 12.2x

  • ROE
    16.9%

    ROCE 13.0%

  • Debt / Equity
    1.60

    Interest cover 33.7x

  • Investors
    WestBridge Capital
  • Employee Count
    5,310
  • Investments & Acquisitions
    Milk Mantra

Funding Insights of HAP

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of HAP with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2014Post-IPO––
WestBridge Capital
Valuation history

1 investors in total: 1 institutional.

Investors in HAP

HAP has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include WestBridge Capital.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
WestBridge Capital
Investment firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology.
2000westbridgecap.comQuatre Bornes, Mauritius
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Investor details for HAP

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Hatsun Agro Product Limited (HAP)

Hatsun Agro Product Limited is the primary company behind HAP. The board of Hatsun Agro Product Limited currently have 8 directors; the longest-serving is Raja Ganesan Chandramogan, appointed in 1986. 19 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Raja Ganesan Chandramogan
DIN 00012389
Director04 Mar 198640 yrs 7 moHatsun Agro Product Limited
Chandramogan Sathyan
DIN 00012439
Whole-time director14 Jun 200125 yrs 4 moHatsun Agro Product Limited
Karuppiah Somasundaram Thanarajan
DIN 00012285
Director18 Jan 20179 yrs 9 moHatsun Agro Product Limited
Subramanian Suriyanarayanan
DIN 08341478
Director24 Jan 20197 yrs 9 moHatsun Agro Product Limited
Archana Narayanaswamy
DIN 03560101
Director29 Mar 20242 yrs 6 moHatsun Agro Product Limited
Bharathi Baskar
DIN 10695960
Director15 Jul 20242 yrs 3 moHatsun Agro Product Limited
Shanmuga Priyan Jegathesan
DIN 10773578
Managing Director12 Sep 20242 yrs 1 moHatsun Agro Product Limited
Rajprabu Harshan
DIN 09827866
Director10 Apr 20266 moHatsun Agro Product Limited

People of HAP

3 people are tracked at HAP (3 in leadership); the tracked headcount is 5,310.

NameRoleGroup
Madhu Mohan
Franchise OwnerLeadership
R G Chandramogan
Founder & OwnerLeadership
Sathyan C
Managing DirectorLeadership
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Complete people profiles for HAP

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

IPO & Listings of HAP

HAP is a publicly listed company on the NSE with ticker symbol HATSUN in India, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date20 Jun 2014
  • Listed onNSE: HATSUN
  • Listed entityHatsun Agro Product Limited
  • Exchange sectorConsumer non-durables
  • ISININE473B01035
  • Share price₹1,123.20 (-0.92% on the day) · 2026-10-14
  • Market capitalisation₹25,301 Cr
  • Price to earnings70.5
  • EPS (diluted, trailing year)₹15.92
  • Dividend yield0.88%
  • Volume (last session)8,151

Financials of HAP

Exchange-reported figures of Hatsun Agro Product Limited, the listed company behind HAP (NSE: HATSUN).

Financial Highlights

FY 2024-25 · Consolidated
Revenue
₹8,700 Cr
+8.9% YoY
EBITDA
₹1,010 Cr
+12.4% YoY
Profit After Tax
₹275 Cr
+7.2% YoY
Net Worth
₹1,718 Cr
+9.2% YoY
Total Assets
₹4,324 Cr
+0.4% YoY
Total Debt
₹2,570 Cr
-4.7% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2024-25FY 2023-24FY 2009-10FY 2008-09
Income statement
Revenue8,7007,9901,1411,013
Revenue growth+8.9%-+12.6%-
EBITDA1,01089963.3561.00
EBITDA margin+11.6%+11.3%+5.6%+6.0%
Profit before tax37735811.6419.82
Net profit2752562.7211.49
Net profit margin+3.2%+3.2%+0.2%+1.1%
EPS (₹)12.5112.000.723.25
Balance sheet
Total assets4,3244,308368287
Net worth1,7181,57253.5257.14
Total debt2,5702,698314230
Cash & bank71.0153.3213.986.09
Net working capital6071,16532.513.40
Cash flow
Cash from operations1,450(71.45)41.6655.70
Cash from investing(879)(388)(84.55)(140)
Cash from financing(564)47450.7878.68
ParticularsDec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024
Revenue2,3642,4282,5902,2432,0102,0722,3752,047
Revenue growth (YoY)+17.6%+17.2%+9.1%+9.6%----
Other income2.964.263.928.522.256.622.172.16
EBITDA256325361224214241330230
EBITDA margin+10.8%+13.4%+13.9%+10.0%+10.7%+11.6%+13.9%+11.2%
Depreciation146144137127117116111111
Interest33.1237.5343.3847.8843.4544.7045.8649.98
Profit before tax78.9214818458.5555.6787.5017670.89
Tax18.3437.9949.0515.5414.7323.1845.0418.74
Net profit60.5811013543.0140.9464.3213152.15
EPS (₹)2.724.926.071.931.842.895.862.34
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue9,9598,7007,9907,2476,3705,5515,308
Revenue growth+14.5%+8.9%+10.3%+13.8%+14.8%+4.6%-
EBITDA1,1771,010899701691775550
EBITDA margin+11.8%+11.6%+11.3%+9.7%+10.9%+14.0%+10.4%
Profit before tax470377358225283377156
Net profit351271256161215247112
Net profit margin+3.5%+3.1%+3.2%+2.2%+3.4%+4.4%+2.1%
EPS (₹)15.9912.5112.007.4410.1111.436.94
Balance sheet
Total assets3,8334,3244,3083,2683,0762,6522,348
Net worth1,9451,7181,5721,4411,1091,022904
Total debt1,8382,5702,6981,7931,9391,6221,434
Cash & bank51.1971.0153.3241.9339.6739.2544.70
Net working capital1136071,165318381325187
Cash flow
Cash from operations1,5571,450(71.45)741576518552
Cash from investing(435)(879)(388)(441)(565)(418)(537)
Cash from financing(1,130)(564)474(300)(8.22)(106)(6.83)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue2,8983,0902,5782,3642,4282,5352,2432,010
Revenue growth (YoY)+19.4%+21.9%+14.9%+17.6%+17.2%+6.7%--
Other income4.852.892.582.964.263.318.522.25
Total expenses2,5662,7402,3422,1082,1032,1652,0181,796
EBITDA331351235256325370224214
EBITDA margin+11.4%+11.3%+9.1%+10.8%+13.4%+14.6%+10.0%+10.7%
Depreciation153151146146144129127117
Interest30.9831.6032.2733.1237.5343.3147.8843.45
Profit before tax15217159.7778.9214820158.5555.67
Tax36.8136.998.8818.3437.9953.2315.5414.73

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 27 Oct 2026
ParticularsDec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024
Revenue2,3642,4282,5902,2432,0102,0722,3752,047
Revenue growth (YoY)+17.6%+17.2%+9.1%+9.6%----
Other income2.964.263.928.522.256.622.172.16
EBITDA256325361224214241330230
EBITDA margin+10.8%+13.4%+13.9%+10.0%+10.7%+11.6%+13.9%+11.2%
Depreciation146144137127117116111111
Interest33.1237.5343.3847.8843.4544.7045.8649.98
Profit before tax78.9214818458.5555.6787.5017670.89
Tax18.3437.9949.0515.5414.7323.1845.0418.74
Net profit60.5811013543.0140.9464.3213152.15
EPS (₹)2.724.926.071.931.842.895.862.34
ParticularsFY 2024-25FY 2023-24FY 2009-10FY 2008-09
Revenue8,7007,9901,1411,013
Revenue growth+8.9%-+12.6%-
Other income19.5622.582.931.82
Total expenses7,6907,0911,078952
Employee cost24722637.4130.45
EBITDA1,01089963.3561.00
EBITDA margin+11.6%+11.3%+5.6%+6.0%
Depreciation47040926.8121.68
Interest18215427.8321.32
Profit before tax37735811.6419.82
Tax98.4990.608.857.95
Net profit2752562.7211.49
Net profit margin+3.2%+3.2%+0.2%+1.1%
EPS (₹)12.5112.000.723.25
ParticularsFY 2024-25FY 2023-24FY 2009-10FY 2008-09
Equity & liabilities
Share capital22.2822.286.7911.87
Reserves & surplus1,6951,55046.7345.27
Shareholders' funds (net worth)1,7181,57253.5257.14
Minority interest0.000.000.000.00
Secured loans1,9431,943214193
Unsecured loans62775510136.43
Total debt2,5702,698314230
Total liabilities4,3244,308368287
Assets
Gross block5,2104,367438257
Net block3,2742,767322166
Capital work in progress28423833.05128
Investments37.2230.440.000.00
Inventories9961,45257.0627.89
Sundry debtors8.1610.0613.668.57
Cash & bank balances71.0153.3213.986.09
Loans & advances60.0974.8026.1822.34
Total current assets1,1361,59011164.89
Total current liabilities52842578.3761.49
Net working capital6071,16532.513.40
Total assets4,3244,308368287
ParticularsFY 2024-25FY 2023-24FY 2009-10FY 2008-09
Opening cash50.7337.116.0911.84
Net cash from operating activities1,450(71.45)41.6655.70
Net cash from investing activities(879)(388)(84.55)(140)
Net cash from financing activities(564)47450.7878.68
Net change in cash7.0013.627.89(5.75)
Closing cash71.0153.3213.986.09
ParticularsFY 2024-25FY 2023-24FY 2009-10FY 2008-09
Growth
Sales growth+8.9%-+12.6%-
EBITDA growth+12.4%-+3.9%-
PBT growth+5.4%+2974.5%-41.3%+9997.0%
Net income growth+7.2%--76.3%-
Revenue CAGR (3Y)+104.8%---
EBITDA CAGR (3Y)+154.9%---
Profitability & leverage
Net income margin+3.2%+3.3%+0.2%+1.2%
Return on capital employed+13.0%+11.9%+12.1%+14.3%
Return on net worth+17.0%+17.0%+5.0%+22.0%
Debt / equity1.601.724.924.02
Long-term debt / equity0.830.883.663.03
Interest cover33.7131.5076.1654.22
Efficiency & per share
Fixed asset turnover1.821.833.283.94
Inventory turnover7.115.5026.8636.32
Debtors turnover954.97794.27102.64118.21
EPS (₹)12.5112.000.723.25
Dividend per share (₹)6.006.000.300.60
Book value per share (₹)77.0970.5715.7615.33
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue2,8983,0902,5782,3642,4282,5352,2432,010
Revenue growth (YoY)+19.4%+21.9%+14.9%+17.6%+17.2%+6.7%--
Other income4.852.892.582.964.263.318.522.25
Total expenses2,5662,7402,3422,1082,1032,1652,0181,796
EBITDA331351235256325370224214
EBITDA margin+11.4%+11.3%+9.1%+10.8%+13.4%+14.6%+10.0%+10.7%
Depreciation153151146146144129127117
Interest30.9831.6032.2733.1237.5343.3147.8843.45
Profit before tax15217159.7778.9214820158.5555.67
Tax36.8136.998.8818.3437.9953.2315.5414.73
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue9,9598,7007,9907,2476,3705,5515,308
Revenue growth+14.5%+8.9%+10.3%+13.8%+14.8%+4.6%-
Other income13.7219.5622.5810.569.815.768.65
Total expenses8,7837,6907,0916,5465,6794,7774,758
Employee cost301247226224210185168
EBITDA1,1771,010899701691775550
EBITDA margin+11.8%+11.6%+11.3%+9.7%+10.9%+14.0%+10.4%
Depreciation574470409362311295296
Interest146182154126107108106
Profit before tax470377358225283377156
Tax11498.4990.6058.7165.4713144.13
Net profit351271256161215247112
Net profit margin+3.5%+3.1%+3.2%+2.2%+3.4%+4.4%+2.1%
EPS (₹)15.9912.5112.007.4410.1111.436.94
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital22.2822.2822.2822.2821.5621.5616.17
Reserves & surplus1,9221,6951,5501,4181,0871,000888
Shareholders' funds (net worth)1,9451,7181,5721,4411,1091,022904
Secured loans9891,5391,9431,1501,192838970
Unsecured loans8501,032755643747783464
Total debt1,8382,5702,6981,7931,9391,6221,434
Total liabilities3,8334,3244,3083,2683,0762,6522,348
Assets
Gross block5,9155,2104,3674,0463,5632,8682,435
Net block3,5053,2742,7672,6152,4101,9291,756
Capital work in progress58.62284238254237384355
Investments43.4837.2230.4420.6113.518.300.12
Inventories5919961,452576609570374
Sundry debtors4.778.1610.067.807.789.0714.55
Cash & bank balances51.1971.0153.3241.9339.6739.2544.70
Loans & advances74.7760.0974.8089.1114399.8865.07
Total current assets7221,1361,590715800718498
Total current liabilities609528425397419393311
Net working capital1136071,165318381325187
Total assets3,8334,3244,3083,2683,0762,6522,348
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash57.7350.7337.1137.1134.0740.6932.65
Net cash from operating activities1,5571,450(71.45)741576518552
Net cash from investing activities(435)(879)(388)(441)(565)(418)(537)
Net cash from financing activities(1,130)(564)474(300)(8.22)(106)(6.83)
Net change in cash(8.35)7.0013.620.003.04(6.62)8.04
Closing cash51.1971.0153.3241.9339.6739.2544.70
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+14.5%+8.9%+10.3%+13.8%+14.8%+4.6%-
EBITDA growth+16.5%+12.4%+28.2%+1.5%-10.8%+40.8%-
PBT growth+24.7%+5.4%+59.4%-20.8%-24.9%+141.2%-3.0%
Net income growth+29.5%+5.9%+59.0%-24.9%-13.0%+119.6%-
Revenue CAGR (3Y)+11.2%+11.0%+12.9%+10.9%+10.2%+9.0%+8.1%
EBITDA CAGR (3Y)+18.8%+13.5%+5.1%+8.4%+16.1%+27.7%+13.3%
Profitability & leverage
Net income margin+3.6%+3.2%+3.3%+2.3%+3.4%+4.4%+2.1%
Return on capital employed+15.1%+13.0%+13.5%+11.1%+13.6%+19.4%+12.5%
Return on net worth+19.5%+17.0%+17.7%+13.0%+20.5%+25.6%+13.1%
Debt / equity1.201.601.491.461.671.591.44
Long-term debt / equity0.640.780.770.780.760.760.75
Interest cover24.2633.7131.5037.0428.0422.5741.74
Efficiency & per share
Fixed asset turnover1.791.821.901.911.982.092.49
Inventory turnover12.547.117.8812.2310.8111.7613.66
Debtors turnover1,540.48954.97894.78930.29756.13470.05465.64
EPS (₹)15.9912.5112.007.4410.1111.436.94
Dividend per share (₹)6.006.006.006.006.008.004.00
Book value per share (₹)87.2877.0970.5764.6751.4347.3855.93

Investments & Acquisitions by HAP

HAP has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Milk Mantra.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Milk Mantra
Multi-category dairy products are supplied to urban consumers.
milkmantra.comBhubaneswar, India2009Jan 2025$26.96M
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Complete acquisition details for HAP

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
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Timeline of HAP

4 dated milestones of HAP across 55 years, from founding to its latest funding, stage changes and deals.

  1. Founded HAP is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round.
  4. Acquisition Acquires Milk Mantra.

Competitors of HAP

HAP has 3 listed competitors in our database, 3 of them funded. They include Sid's Farm, Desi Farms and Milk Mantra.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Sid's Farm
sidsfarm.com2013Hyderabad, India$12.18M466
Subscription-based dairy products are delivered via an internet-first brand.
Desi Farms
desifarmsindia.in2016Pune, India$6M79
Provider of direct-to-consumer, farm-to-table delivery of fresh dairy products, including milk, yogurt, and other preservative-free dairy products
Milk Mantra
milkmantra.com2009Bhubaneswar, India$32.74M399
Multi-category dairy products are supplied to urban consumers.
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Detailed competitors of HAP

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Web traffic of HAP

The website of HAP (hap.in) receives about 46.4K visits a month.

  • Monthly visits
    46.4K

    ▼ 20.6% vs previous month

Similar websites

Websites whose visitors overlap most with HAP. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
Dudhsagar Dairy
dudhsagardairy.coop
100%
5.3K#3,448,272View details
Sri Vijaya Visakha Milk Producers
visakhadairy.com
95%
2.3K#6,905,294View details
Heritage Foods
heritagefoods.in
89%
34.2K#857,734View details
motherdairy.com
motherdairy.com
89%
#397,438–
Dodla Dairy
dodladairy.com
89%
21.6K#779,290View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 12 similar websites and full traffic analytics for HAP

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Top companies in Food & Beverage Products & Processing

3 companies that operate in the same segment as HAP (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Country Delight
Platform offering a subscription-based delivery service for fresh milk and groceries
2015Gurugram, Haryana, IndiaUSD 228.42 MUSD 99.78 M3,464
Blue Tokai Coffee Roasters
Subscription-based coffee products are offered by an internet-first brand.
2013Gurugram, Haryana, IndiaUSD 112.84 MUSD 25.83 M2,059
Licious
Meat and seafood products are delivered via an online platform.
2015Bengaluru, Karnataka, IndiaUSD 564.84 MUSD 97.26 M2,828
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Hatsun Agro: Co-Chairman Chandramogan Anticipates Revenue Growth To 120 Billion Rupees By FY27; Expects Revenue To Reach 140-150 Billion Rupees By FY28
Exchange Update • 15 days ago
Hatsun Agro Product: Company Aims for 50% Revenue Growth in Two Years; Projects Revenue of ₹120B This Fiscal Year; Plans to Invest ₹10B This Year; Expanding Milk Procurement Network Beyond Southern India.
Exchange Update • 15 days ago
Hatsun Agro Product Ltd. Partners with Government of Odisha and State Bank of India to Launch 'Go-Dhan' to Empower Dairy Farmers
Business Standard • 27 days ago
Hatsun Agro Product Ltd Partners With Government Of Odisha And State Bank Of India To Launch 'Go-Dhan' To Empower Dairy Farmers – Outlook Business
Outlook Business • 28 days ago
Hatsun Agro Product Ltd. Partners with Government of Odisha and State Bank of India to Launch 'Go-Dhan' to Empower Dairy Farmers - The Wire
The Wire • 28 days ago
KRN Heat Exchanger and Refrigeration Ltd leads losers in 'A' group | Capital Market News - Business Standard
Business Standard • 1 month ago
Ambani's Reliance enters India's crowded ice cream market with 10-cent products
Reuters • 1 month ago
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Frequently Asked Questions about HAP

HAP was founded in 1970 and raised its 1st funding round 44 years after it was founded.

HAP is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

HAP has 5,310 employees.

The primary company behind HAP, Hatsun Agro Product Limited, reported revenue of ₹9,973 Cr for FY 2026, up 14% year on year.

HAP was founded in 1970 and is headquartered in Chennai, India. Operations focus on the dairy sector, where a range of products such as milk, curd, ice creams, ghee, skimmed milk powder, paneer, and dairy whitener are manufactured and marketed. Brands under HAP include Arun Icecreams, Arokya Milk, Hatsun Curd, Hatsun Paneer, Hatsun Ghee, and Ibaco. The company serves the Indian market through these established product lines.

HAP's top competitors include Sid's Farm, Milk Mantra and Desi Farms.

Yes, HAP is publicly traded on NSE under the ticker symbol HATSUN.

HAP has made 1 acquisition, including Milk Mantra.

HAP has 1 investor. Key investors include WestBridge Capital.

HAP operates through Hatsun Agro Product Limited.

The legal entities of HAP currently have 10 directors, including Subramanian Suriyanarayanan, Hariharan Ramachandran, Chandramogan Sathyan and others.

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