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 ₹ 1,230 Cr.
- Current Price ₹ 24.6
- High / Low ₹ 38.2 / 20.0
- Stock P/E 7.24
- Book Value ₹ 17.3
- Dividend Yield 1.22 %
- 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: | -20% |
| 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 |
| Free Cash Flow | 14 | 2 | 57 | -100 | 26 | -195 | 103 |
| CFO/OP | 197% | 80% | 105% | 12% | 118% | -83% | 163% |
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% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Meat Sales Volume Metric Tonnes (MT) |
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| Installed Daily Meat Processing Capacity MT per Day |
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| Export Revenue Concentration % |
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| Export Market Share (India Frozen Buffalo Meat) % |
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| Number of Countries Exported To Count |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
2d - Sir/Ma''am, We hareby submit the Annual Secretarial Compliance Report for the Year ended March 31, 2026
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Update Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Cancellation Of Proposed Divestment Of Stake In Subsidiary
6 May - HMA Agro cancels May 2, 2026 SPA to divest Laal Agro Food stake.
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Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
2 May - HMA Agro signed SPA on May 2, 2026 to sell 10,000 Laal Agro Food shares for ₹1 lakh.
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
30 Apr - HMA Agro confirms it is not a Large Corporate for FY2025-26; no initial or annual disclosure required.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
28 Apr - In Compliance with Regulation 47 of SEBI ( LODR) Regulations, 2015 we hereby submitting the newspaper advertisements for completion of dispatch of Notice of Postal …
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]