HMA Agro Industries Ltd
Incorporated in 2008, HMA Agro Industries Limited is a food trade organization for handled food and agro products including frozen fresh buffalo meat, prepared/frozen natural products, vegetables, and cereals in India.[1]
- Market Cap ₹ 1,607 Cr.
- Current Price ₹ 32.1
- High / Low ₹ 61.9 / 27.5
- Stock P/E 21.8
- Book Value ₹ 15.1
- Dividend Yield 0.93 %
- ROCE 14.0 %
- ROE 16.2 %
- Face Value ₹ 1.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 24.8%
Cons
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.55.9 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: FMCG Industry: Food - Processing - Indian
Part of BSE Fast Moving Consumer Goods BSE SmallCap BSE Allcap
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|
2,742 | 2,373 | 1,708 | 3,083 | 3,209 | 4,813 | 5,024 | |
2,720 | 2,326 | 1,608 | 2,959 | 3,052 | 4,677 | 4,929 | |
Operating Profit | 23 | 47 | 99 | 124 | 158 | 137 | 94 |
OPM % | 1% | 2% | 6% | 4% | 5% | 3% | 2% |
42 | 44 | 13 | 56 | 47 | 49 | 56 | |
Interest | 6 | 19 | 6 | 10 | 13 | 17 | 18 |
Depreciation | 10 | 10 | 8 | 11 | 18 | 35 | 32 |
Profit before tax | 49 | 62 | 98 | 159 | 174 | 133 | 101 |
Tax % | 36% | 26% | 26% | 27% | 29% | 24% | |
31 | 46 | 72 | 116 | 123 | 101 | 77 | |
EPS in Rs | 8.36 | 12.31 | 19.36 | 2.42 | 2.53 | 2.01 | 1.50 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 15% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 41% |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 25% |
3 Years: | 10% |
TTM: | -30% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -47% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 26% |
3 Years: | 25% |
Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 4 | 4 | 4 | 48 | 48 | 50 | 50 |
Reserves | 138 | 183 | 256 | 327 | 427 | 667 | 705 |
132 | 169 | 181 | 330 | 343 | 492 | 544 | |
276 | 117 | 131 | 151 | 181 | 230 | 670 | |
Total Liabilities | 549 | 473 | 572 | 856 | 999 | 1,439 | 1,969 |
84 | 95 | 93 | 141 | 261 | 295 | 284 | |
CWIP | 0 | 2 | 14 | 92 | 58 | 36 | 41 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
465 | 376 | 466 | 624 | 680 | 1,109 | 1,645 | |
Total Assets | 549 | 473 | 572 | 856 | 999 | 1,439 | 1,969 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
23 | 24 | 75 | -32 | 136 | -166 | |
-8 | -30 | -70 | -144 | -83 | -56 | |
-12 | 37 | 8 | 142 | -3 | 268 | |
Net Cash Flow | 3 | 32 | 13 | -33 | 50 | 46 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 38 | 18 | 34 | 34 | 34 | 37 |
Inventory Days | 15 | 30 | 34 | 21 | 19 | 22 |
Days Payable | 40 | 7 | 18 | 12 | 13 | 12 |
Cash Conversion Cycle | 13 | 41 | 49 | 43 | 40 | 46 |
Working Capital Days | 23 | 31 | 45 | 43 | 40 | 49 |
ROCE % | 26% | 26% | 29% | 24% | 14% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Meeting Updates
22 Apr - HMA Agro converts ₹3.03 Cr inter-company loan to equity, raising stake in subsidiary to 95.66%.
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Announcement under Regulation 30 (LODR)-Change in Management
22 Apr - Mr. Gulzeb Ahmed appointed CEO, continues as CFO and Whole-time Director from April 22, 2025.
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Board Meeting Outcome for Board Meeting Held On 22Nd Day Of April 2025
22 Apr - Loan of ₹3.03 Cr converted to equity in subsidiary; CEO Gulzeb Ahmed appointed; CARE A2+ rating noted.
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
12 Apr - Confirmation of not being a Large Corporate for FY 2025-26.
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Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
6 Apr - Promoters of HMA Agro entered a shareholders' agreement.
Concalls
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Aug 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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Feb 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
Leading Meat Exporter
The company is one of the largest manufacturers and exporters of Frozen Boneless Buffalo meat, Seafood, Pet Food, Rice, and processed leather from India with an export volume worth approximately USD 0.5 billion. It is recognized as a Star Export House by the Government of India. [1] [2] It exports its products to over 50 countries including Egypt, Hongkong, Vietnam, Malaysia, Indonesia, etc across 5 continents. [3]