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 ₹ 1,403 Cr.
- Current Price ₹ 28.1
- High / Low ₹ 38.2 / 23.6
- Stock P/E 8.25
- Book Value ₹ 17.3
- Dividend Yield 1.07 %
- ROCE 11.8 %
- ROE 11.5 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
Cons
- Contingent liabilities of Rs.1,634 Cr.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.121 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.
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 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 2,742 | 2,373 | 1,708 | 3,083 | 3,209 | 4,813 | 5,133 | 6,837 | |
| 2,720 | 2,326 | 1,608 | 2,959 | 3,052 | 4,677 | 5,027 | 6,667 | |
| Operating Profit | 23 | 47 | 99 | 124 | 158 | 137 | 106 | 170 |
| OPM % | 1% | 2% | 6% | 4% | 5% | 3% | 2% | 2% |
| 42 | 44 | 13 | 56 | 47 | 49 | 81 | 121 | |
| Interest | 6 | 19 | 6 | 10 | 13 | 17 | 27 | 32 |
| Depreciation | 10 | 10 | 8 | 11 | 18 | 35 | 35 | 32 |
| Profit before tax | 49 | 62 | 98 | 159 | 174 | 133 | 126 | 227 |
| Tax % | 36% | 26% | 26% | 27% | 29% | 24% | 30% | |
| 31 | 46 | 72 | 116 | 123 | 101 | 88 | 169 | |
| EPS in Rs | 8.36 | 12.31 | 19.36 | 2.42 | 2.53 | 2.01 | 1.73 | 3.39 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 15% | 17% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 19% |
| TTM: | 36% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | -9% |
| TTM: | 128% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -15% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 17% |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 48 | 48 | 50 | 50 | 50 |
| Reserves | 138 | 183 | 256 | 327 | 427 | 667 | 739 | 814 |
| 132 | 169 | 181 | 330 | 343 | 492 | 535 | 627 | |
| 276 | 117 | 131 | 151 | 181 | 230 | 386 | 276 | |
| Total Liabilities | 549 | 473 | 572 | 856 | 999 | 1,439 | 1,710 | 1,768 |
| 84 | 95 | 93 | 141 | 261 | 295 | 273 | 271 | |
| CWIP | 0 | 2 | 14 | 92 | 58 | 36 | 47 | 55 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 465 | 376 | 466 | 624 | 680 | 1,109 | 1,390 | 1,441 | |
| Total Assets | 549 | 473 | 572 | 856 | 999 | 1,439 | 1,710 | 1,768 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 23 | 24 | 75 | -32 | 136 | -166 | 124 | |
| -8 | -30 | -70 | -144 | -83 | -56 | -150 | |
| -12 | 37 | 8 | 142 | -3 | 268 | 5 | |
| Net Cash Flow | 3 | 32 | 13 | -33 | 50 | 46 | -21 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 38 | 18 | 34 | 34 | 34 | 37 | 11 |
| Inventory Days | 15 | 30 | 34 | 21 | 19 | 22 | 56 |
| Days Payable | 40 | 7 | 18 | 12 | 13 | 12 | 8 |
| Cash Conversion Cycle | 13 | 41 | 49 | 43 | 40 | 46 | 58 |
| Working Capital Days | 5 | 5 | 7 | 10 | 6 | 14 | 11 |
| ROCE % | 26% | 26% | 29% | 24% | 14% | 12% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
14 Feb - Earning Call Transcript of the Company on the Financial Results for the quarter and nine months ended December 31, 2026
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
13 Feb - Investor conference-call audio for unaudited Q3 and 9M results ended Dec 31, 2025 uploaded Feb 13, 2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Feb - News paper Clipping of Financials of the Company for the quarter and nine months ended on December 31, 2025
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Announcement under Regulation 30 (LODR)-Investor Presentation
12 Feb - Investor Presentation for the Quarter and Nine Months Ended December 31, 2025
- Financial Results For The Quarter And Nine Months Ended December 31, 2025 12 Feb
Annual reports
Concalls
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Feb 2026Transcript PPT
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Nov 2025Transcript PPT
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Aug 2025Transcript PPT
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Jun 2025Transcript PPT REC
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Aug 2024TranscriptAI SummaryPPT
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May 2024TranscriptAI SummaryPPT
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Feb 2024TranscriptAI SummaryPPT
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Nov 2023TranscriptAI SummaryPPT
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Aug 2023TranscriptAI SummaryPPT
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 with a 10-11% estimated market share.[1][2][3]