HMA Agro Inds.

What does HMA Agro Inds. do?

HMA Agro Industries Ltd is a small-cap company specializing in the export of frozen buffalo meat products, with net sales of ₹1,500 Cr and a net profit of ₹13 Cr as of March 2025. Key financial metrics include a P/E ratio of 21.00 and a market capitalization of ₹1,816 Cr.

Overview:<BR>HMA Agro Industries Ltd is a leading exporter of frozen buffalo meat products operating in the FMCG industry and classified as a small-cap company.<BR><BR>History:<BR>The company was incorporated on April 09, 2008, and received its Certificate for Commencement of Business on June 25, 2008. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1,500 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 13 Cr (Quarterly Results - Mar 2025)<BR>- Market-cap: Rs 1,816 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 21.00<BR>- Industry P/E: 54<BR>- Dividend Yield: 0.82%<BR>- Debt Equity: 0.55<BR>- Return on Equity: 13.28%<BR>- Price to Book: 2.42<BR><BR>Contact Details:<BR>Registrar Address: Not available.

Who are the peers of the HMA Agro Inds.?

HMA Agro Inds. peers include Parag Milk Foods, Eveready Inds., Prataap Snacks, Venky's (India), Lotus Chocolate, Godavari Bioref., Andrew Yule & Co., Aayush Wellness, Mukka Proteins, and Vadilal Enterp. HMA Agro Inds. has average management risk, below average growth, and the lowest 1-year return among its peers at -42.55%.

Peers: The peers of HMA Agro Inds. are Parag Milk Foods, Eveready Inds., Prataap Snacks, Venky's (India), Lotus Chocolate, Godavari Bioref., Andrew Yule & Co, Aayush Wellness, Mukka Proteins, and Vadilal Enterp.<BR><BR>Quality Snapshot: Excellent management risk is observed at Eveready Inds., while Average management risk is found at Parag Milk Foods, Prataap Snacks, Venky's (India), Lotus Chocolate, Godavari Bioref., HMA Agro Inds., Aayush Wellness, and Mukka Proteins, and the rest. Below Average management risk is seen at Andrew Yule & Co. Growth is Excellent at Lotus Chocolate, Good at Venky's (India), Mukka Proteins, and Aayush Wellness, Average at Parag Milk Foods, Eveready Inds., Prataap Snacks, HMA Agro Inds., and the rest, and Below Average at Godavari Bioref. and Andrew Yule & Co. Capital Structure is Excellent at Venky's (India), Good at Prataap Snacks and Aayush Wellness, Average at Eveready Inds., and Below Average at Parag Milk Foods, Lotus Chocolate, Godavari Bioref., HMA Agro Inds., Andrew Yule & Co., and Mukka Proteins.<BR><BR>Return Snapshot: Aayush Wellness has the highest 1-year return at 1374.42%, while HMA Agro Inds. has the lowest at -42.55%. This indicates that HMA Agro Inds.'s return is significantly lower than its peers. Additionally, the six-month return is negative for Eveready Inds., Venky's (India), Andrew Yule & Co., Mukka Proteins, and HMA Agro Inds.

Who are in the management team of HMA Agro Inds.?

As of March 2023, the management team of HMA Agro Inds. includes Gulzar Ahmad (Chairman & Wholetime Director), Wajid Ahmed (Managing Director), Gulzeb Ahmed (Whole Time Director & CFO), and three Independent Directors: Gaurav Luthra, Amit Goyal, and Bhumika Parwani, along with Nikhil Sundrani (Company Secretary & Compliance Officer). This team oversees the company's operations and strategic direction.

As of March 2023, the management team of HMA Agro Inds. includes:<BR><BR>1. Gulzar Ahmad - Chairman & Wholetime Director<BR>2. Wajid Ahmed - Managing Director<BR>3. Gulzeb Ahmed - Whole Time Director & CFO<BR>4. Gaurav Luthra - Independent Director<BR>5. Nikhil Sundrani - Company Secretary & Compliance Officer<BR>6. Amit Goyal - Independent Director<BR>7. Bhumika Parwani - Independent Director<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

Who are the top shareholders of the HMA Agro Inds.?

The top shareholder of HMA Agro Inds. is Mohammad Mehmood Qureshi, holding 18.43%. Other significant shareholders include 16 Foreign Institutional Investors with 6.73% and individual investors with 7.75%, while mutual funds hold a negligible amount.

The top shareholders of HMA Agro Inds. primarily include the promoters, with Mohammad Mehmood Qureshi holding the highest stake at 18.43%. Additionally, the company has 16 Foreign Institutional Investors (FIIs) who collectively hold 6.73% of the shares. Individual investors account for 7.75% of the holdings, while mutual funds currently hold a negligible amount, represented by just one scheme. There are no pledged promoter holdings reported.

How big is HMA Agro Inds.?

As of 24th July, HMA Agro Industries Ltd has a market capitalization of 1,558.00 Cr, with recent net sales of 5,133.01 Cr and a net profit of 86.78 Cr. Shareholder's funds are 717.16 Cr, and total assets amount to 1,427.68 Cr.

As of 24th July, HMA Agro Industries Ltd has a market capitalization of 1,558.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, HMA Agro Industries Ltd reported Net Sales of 5,133.01 Cr and a Net Profit of 86.78 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 717.16 Cr and Total Assets of 1,427.68 Cr.

Has HMA Agro Inds. declared dividend?

Yes, HMA Agro Industries Ltd has declared a dividend of 30% (0.3 per share) with an ex-date of August 22, 2025. Despite the dividend, the company has experienced significant price declines over various periods, resulting in negative total returns.

HMA Agro Industries Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 30%<BR>- Amount per share: 0.3<BR>- Ex-date: 22 Aug 25<BR><BR>Dividend Yield: 0.98%.<BR><BR>Total Returns by Period:<BR>In the last 3 months, the price return was -0.32%, the dividend return was 0.98%, resulting in a total return of 0.66%.<BR><BR>Over the past 6 months, the price return was -19.38%, the dividend return was 0.79%, leading to a total return of -18.59%.<BR><BR>For the 1-year period, the price return was -39.02%, the dividend return was 1.14%, culminating in a total return of -37.88%.<BR><BR>In the 2-year span, the price return was -48.53%, the dividend return was 5.73%, resulting in a total return of -42.8%.<BR><BR>Over the last 3 years, the price return was 0%, the dividend return was 0%, leading to a total return of 0.0%.<BR><BR>In the 4-year period, the price return was 0%, the dividend return was 0%, resulting in a total return of 0.0%.<BR><BR>For the 5-year period, the price return was 0%, the dividend return was 0%, culminating in a total return of 0.0%.<BR><BR>Overall, while HMA Agro Industries Ltd has declared a dividend, the total returns over various periods indicate significant declines in price, suggesting challenges in the company's performance despite the dividend declaration.

How has been the historical performance of HMA Agro Inds.?

HMA Agro Inds. has experienced significant growth in net sales, increasing from 1,707.50 Cr in Mar'21 to 5,133.02 Cr in Mar'25, despite rising raw material costs impacting profit margins. Operating profit peaked at 202.36 Cr in Mar'23 but declined to 183.50 Cr in Mar'25, with profit after tax also decreasing from 123.47 Cr to 87.69 Cr in the same period.

Answer:<BR>The historical performance of HMA Agro Inds. shows a significant growth trajectory in net sales and overall financial metrics over the past five years.<BR><BR>Breakdown:<BR>HMA Agro Inds. has demonstrated a consistent increase in net sales, rising from 1,707.50 Cr in Mar'21 to 5,133.02 Cr in Mar'25. This growth is accompanied by a rise in total operating income, which also increased from 1,707.50 Cr in Mar'21 to 5,133.02 Cr in Mar'25. However, the company has faced rising raw material costs, which grew from 1,335.88 Cr in Mar'21 to 4,826.08 Cr in Mar'25. Despite this, the operating profit (PBDIT) has fluctuated, peaking at 202.36 Cr in Mar'23 before slightly declining to 183.50 Cr in Mar'25. Profit before tax followed a similar trend, reaching 173.55 Cr in Mar'23 and then decreasing to 125.61 Cr in Mar'25. The profit after tax also saw a decline from 123.47 Cr in Mar'23 to 87.69 Cr in Mar'25. On the balance sheet, total assets increased significantly from 468.80 Cr in Mar'20 to 1,703.82 Cr in Mar'25, while total liabilities rose from 468.80 Cr to 1,703.82 Cr in the same period. Cash flow from operating activities improved to 124.00 Cr in Mar'25, contrasting with a negative cash flow of -165.00 Cr in Mar'24. Overall, while HMA Agro Inds. has shown strong sales growth, it faces challenges with profit margins and rising costs.

Is HMA Agro Inds. technically bullish or bearish?

As of November 24, 2025, HMA Agro Inds. shows a mildly bearish trend, supported by bearish daily moving averages and Bollinger Bands, despite some mildly bullish signals from the weekly MACD and KST.

As of 24 November 2025, the technical trend for HMA Agro Inds. has changed from sideways to mildly bearish. The current stance is bearish with moderate strength. The daily moving averages indicate a bearish trend, while the Bollinger Bands on a monthly basis also suggest bearish conditions. Although the weekly MACD and KST are mildly bullish, they are not strong enough to counter the bearish signals from the moving averages and Bollinger Bands. The RSI shows no signals on both weekly and monthly time frames, indicating a lack of momentum. Overall, the combination of these indicators supports a bearish outlook for HMA Agro Inds.

Is HMA Agro Inds. overvalued or undervalued?

As of November 25, 2025, HMA Agro Inds. is considered very attractive due to its undervalued financial ratios, including a PE ratio of 12.14, significantly lower than peers like Hindustan Unilever and Nestle India, and despite a year-to-date stock performance lagging at -24.59% compared to the Sensex's 8.25%.

As of 25 November 2025, the valuation grade for HMA Agro Inds. has moved from attractive to very attractive, indicating a strong positive shift in its perceived value. The company appears to be undervalued based on its key financial ratios, including a PE ratio of 12.14, an EV to EBITDA of 14.32, and a PEG ratio of 0.51. These figures suggest that HMA Agro Inds. is trading at a significant discount compared to its earnings growth potential.<BR><BR>In comparison to its peers, HMA Agro Inds. stands out with a much lower PE ratio than Hindustan Unilever, which has a PE of 53.62, and Nestle India, with a PE of 81.41. This stark contrast highlights the undervaluation of HMA Agro Inds. relative to its industry counterparts. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -24.59% compared to the Sensex's 8.25%, further reinforcing the notion that the stock may be undervalued in the current market environment.

When is the next results date for HMA Agro Industries Ltd?

The next results date for HMA Agro Industries Ltd is 12 February 2026.

The next results date for HMA Agro Industries Ltd is scheduled for 12 February 2026.

Are HMA Agro Industries Ltd latest results good or bad?

HMA Agro Industries Ltd's latest results show strong revenue growth with a 226.42% increase in net profit year-on-year, reaching ₹66.23 crore. However, concerns arise from declining operating margins and heavy reliance on non-operating income, indicating potential challenges for future profitability.

HMA Agro Industries Ltd's latest results present a mixed picture. On one hand, the company reported a significant year-on-year increase in net profit of 226.42%, reaching ₹66.23 crore, and a 41.54% rise in revenue to ₹2,059 crore for Q3 FY26. This strong revenue growth is driven by robust export demand for frozen buffalo meat products.<BR><BR>However, there are notable concerns regarding margin compression. The operating margin fell to 3.13% from 4.43% in the previous quarter, indicating rising input costs or competitive pricing pressures. Additionally, the net profit declined by 26.21% compared to the previous quarter, raising questions about the sustainability of the growth trajectory.<BR><BR>The reliance on other income, which accounted for 46.31% of profit before tax, further complicates the outlook, as it raises concerns about the quality and sustainability of earnings. Overall, while the topline growth is impressive, the declining margins and heavy dependence on non-operating income suggest potential challenges ahead. Therefore, the results can be viewed as good in terms of revenue growth but concerning regarding profitability and margin sustainability.

Should I buy, sell or hold HMA Agro Industries Ltd?

Why is HMA Agro Industries Ltd falling/rising?

As of 04-Mar, HMA Agro Industries Ltd's stock price is Rs 24.29, down 2.96%, and has declined 6.79% over the last two days. The stock is underperforming significantly, with a negative return of -22.05% over the past year, and is trading below all key moving averages, indicating a bearish trend.

As of 04-Mar, HMA Agro Industries Ltd is experiencing a decline in its stock price, currently at Rs 24.29, which reflects a change of -0.74 or -2.96%. The stock has been underperforming significantly, with a consecutive fall over the last two days, resulting in a total decline of -6.79% during this period. Additionally, the stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>In terms of broader performance, the stock has shown a negative return of -22.05% over the past year, contrasting sharply with the Sensex, which has gained +8.39% in the same timeframe. The stock's performance over shorter periods is also concerning, with declines of -10.83% over the past month and -8.96% over the past week, while the FMCG sector has fallen by -2.21%.<BR><BR>Despite some positive factors, such as a growth in net sales of 32.18% and a significant increase in profits, these have not translated into stock price appreciation. The stock is also close to its 52-week low, being only 3.42% away from Rs 23.46. While there has been a rise in investor participation, as evidenced by a 15.06% increase in delivery volume, the overall market sentiment and the stock's recent performance suggest a continued downward trajectory.

Which are the latest news on HMA Agro Inds.?