Who owns Ibaco?
Ibaco is owned by Hatsun Agro (India, NSE: HATSUN).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Hatsun Agro Product Limited, Annual Report 2025-26. Last checked .
Key facts
- Current owner
- Hatsun Agro Product Limited reported
- Owner HQ
- 🇮🇳 India, Chennai
- Origin
- 🇮🇳 India
- Category
- Restaurants & foodservice › Quick-service restaurants › Ice cream & dessert chains
- Parent ticker
- NSE: HATSUN
- Last verified
- · 1 sources
About Ibaco
Ibaco is Hatsun Agro’s ice cream parlour brand. Its own site presents it as an ice cream destination, and the 2025-26 annual report says the company continued to strengthen its premium positioning, launching a kids cake range and three new variants: no added sugar vanilla, avocado honey and watermelon.
Ownership timeline of Ibaco
- Current owner Hatsun Agro [1] reported
Where Ibaco sits in Hatsun Agro
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Hatsun Agro ownership tree →
See the full Hatsun Agro brand portfolio (4) →
Other brands owned by Hatsun Agro
Hatsun Agro controls 4 brands on Brandtree.
- Arokya (1995)
- Arun Icecreams (1970)
- Hatsun
Other brands in ice cream & dessert chains, and who owns them
The 9 brands in ice cream & dessert chains on Brandtree belong to 8 owners. The largest is MTY Group, with 2.
| Brand | Owner | Owner based in |
|---|---|---|
| Cold Stone Creamery | MTY Group | 🇨🇦 Canada |
| Dairy Queen | Berkshire Hathaway | 🇺🇸 United States |
| La Estación | Dos Pinos | 🇨🇷 Costa Rica |
| Milky Lane | Famous Brands | 🇿🇦 South Africa |
| Helados Bon | Grupo Nutresa | 🇨🇴 Colombia |
| Baskin-Robbins | Inspire Brands | 🇺🇸 United States |
| MIXUE | Mixue | 🇨🇳 China |
| SweetFrog | MTY Group | 🇨🇦 Canada |
About the owner: Hatsun Agro
Hatsun Agro is a publicly listed company headquartered in Chennai, India. Brandtree records 4 brands under its control, and it is listed as NSE: HATSUN.
Hatsun Agro Product Limited is an Indian dairy company whose own site describes it as manufacturing milk, curd, ice cream, dairy whitener, skimmed milk powder, ghee and paneer across 19 plants, selling in Tamil Nadu, Andhra Pradesh, Telangana, Karnataka and other southern, western and eastern states. Its corporate milestones date the Arun Icecreams brand to 1970. In January 2025 it acquired Milk Mantra Dairy Private Limited of Odisha. The 2025-26 annual report lists a Chennai corporate office. Oyalo (pizza) and Santosa are also listed on its brands page but are not recorded here.
🇮🇳 Ibaco and other Indian brands
Brandtree records a controlling owner for 255 brands that began in India. 9 of them (4%) are now controlled by a company headquartered in another country; Ibaco is not one of them.
- 8PM — Radico Khaitan 🇮🇳
- ACC — Ambuja Cements 🇮🇳
- Aashirvaad — ITC 🇮🇳
- Adani Airports Holdings — Adani Group 🇮🇳
- Adani Ports — Adani Ports 🇮🇳
- Air India — Air India 🇮🇳
Frequently asked questions
Who is the parent company of Ibaco?
The parent company of Ibaco is Hatsun Agro, a publicly listed company headquartered in India.
Is Ibaco Indian?
Yes. Ibaco originated in India and its owner, Hatsun Agro, is also headquartered in India.
Is Ibaco still owned by Hatsun Agro?
Yes. As of 4 October 2026, Ibaco is still owned by Hatsun Agro. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Hatsun Agro Product Limited, Annual Report 2025-26 — Hatsun Agro Product Limited, Annual report; retrieved 4 October 2026.
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