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?

Which are the latest news on HMA Agro Inds.?

Why is HMA Agro Industries Ltd falling/rising?

As of 17-Mar, HMA Agro Industries Ltd's stock price is declining, currently at Rs. 23.70, with a total drop of -4.82% over the last four days and a new 52-week low of Rs. 22. The stock is underperforming compared to the Sensex and shows reduced investor participation, indicating a bearish trend.

As of 17-Mar, HMA Agro Industries Ltd is experiencing a decline in its stock price, currently at Rs. 23.70, which reflects a change of -0.1 (-0.42%). The stock has been on a downward trend, having fallen for the last four consecutive days, resulting in a total decline of -4.82% during this period. Additionally, the stock's performance over the past week shows a decrease of -2.95%, which is worse than the benchmark Sensex's decline of -2.73%.<BR><BR>The stock has also hit a new 52-week low of Rs. 22 today, indicating significant downward pressure. Furthermore, HMA Agro Industries Ltd is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically suggests a bearish trend. <BR><BR>Investor participation appears to be waning, as evidenced by a delivery volume of 81.63k on 16 March, which has decreased by -14.61% compared to the 5-day average delivery volume. This decline in trading activity may further contribute to the stock's falling price. Overall, the combination of consecutive price drops, poor performance relative to the market, and reduced investor engagement are key factors contributing to the decline in HMA Agro Industries Ltd's stock price.

Why is HMA Agro Industries Ltd falling/rising?

As of 18-Mar, HMA Agro Industries Ltd's stock price has risen slightly to 23.98, driven by strong financial results, including a 32.18% increase in net sales and significant profit growth. Despite a bearish trend and year-to-date declines, increased investor participation suggests potential for future stability or growth.

As of 18-Mar, HMA Agro Industries Ltd is experiencing a slight rise in its stock price, currently at 23.98, with an increase of 0.18 (0.76%). This uptick can be attributed to several positive factors despite the stock's overall negative performance in the longer term. <BR><BR>The company has reported a significant growth in net sales of 32.18% and has declared very positive results for the last two consecutive quarters. Specifically, the profit before tax (PBT) has grown by 156.8% compared to the previous four-quarter average, and the profit after tax (PAT) has increased by 113.5%. Additionally, the net sales for the quarter reached Rs 2,059.45 crore, reflecting a robust growth rate.<BR><BR>Moreover, there has been a rise in investor participation, as indicated by an increase in delivery volume by 8.73% against the five-day average. This suggests that more investors are willing to buy into the stock, which can contribute to upward price pressure. <BR><BR>However, it is important to note that the stock is currently trading below its moving averages across various time frames, indicating a bearish trend in the short to medium term. Despite this, the stock's valuation remains attractive, trading at a discount compared to its peers, and the company's profits have risen significantly, which may provide a foundation for future price stability or growth. <BR><BR>In summary, while HMA Agro Industries Ltd has faced challenges reflected in its year-to-date performance of -17.45% and a one-year decline of -22.84%, the recent positive financial results and increased investor activity are contributing to the current rise in its stock price.

Why is HMA Agro Industries Ltd falling/rising?

As of 19-Mar, HMA Agro Industries Ltd's stock price is declining at 23.32, down 1.64%, with a year-to-date drop of 19.72%. Despite strong financial results, the stock is underperforming due to recent trends and sector challenges.

As of 19-Mar, HMA Agro Industries Ltd is experiencing a decline in its stock price, currently at 23.32, which reflects a change of -0.39 or -1.64%. The stock has been on a downward trend, having fallen consecutively for the last two days, resulting in a total decrease of -2.02% during this period. Over the past week, the stock has underperformed, showing a decline of -5.09%, compared to a -2.40% drop in the benchmark Sensex.<BR><BR>In terms of longer-term performance, HMA Agro Industries Ltd has seen significant declines, with a year-to-date drop of -19.72% and a one-year decrease of -26.76%. This is in stark contrast to the company's positive financial results, which include a 32.18% growth in net sales and a 156.8% increase in profit before tax compared to the previous four-quarter average. Despite these strong financial indicators, the stock is trading below its moving averages across various time frames, indicating a bearish trend.<BR><BR>Additionally, the broader FMCG sector has also faced challenges, with a decline of -2.65%, which may be contributing to the negative sentiment surrounding HMA Agro Industries Ltd. However, there has been a notable increase in investor participation, with delivery volume rising by 61.22% against the five-day average, suggesting some interest in the stock despite its current price decline.<BR><BR>Overall, while the company has reported positive financial results, the stock's performance is being negatively impacted by recent price trends, sector performance, and its position relative to moving averages.

Why is HMA Agro Industries Ltd falling/rising?

As of 20-Mar, HMA Agro Industries Ltd's stock price has risen to 23.90, marking a 1.27% increase after a trend reversal following six days of decline. This rise is supported by increased investor participation and strong financial results, despite a year-to-date drop of 17.73%.

As of 20-Mar, HMA Agro Industries Ltd is experiencing a rise in its stock price, currently at 23.90, with an increase of 0.3 (1.27%). This upward movement comes after a trend reversal, as the stock has gained after six consecutive days of decline. Additionally, the stock has outperformed its sector by 1.04% today, indicating a positive shift in investor sentiment.<BR><BR>The rise in stock price is also supported by a notable increase in investor participation, with delivery volume on 19 March rising by 34.91% compared to the five-day average. This suggests that more investors are willing to buy into the stock, contributing to the price increase.<BR><BR>Despite the recent positive performance, it is important to note that HMA Agro Industries Ltd has faced significant declines over longer periods, with a year-to-date drop of 17.73% and a one-year decline of 25.31%. However, the company has reported very positive financial results, including a 32.18% growth in net sales and a substantial increase in profit after tax (PAT) of 113.16% over the past nine months. These strong financial indicators may be helping to stabilize the stock and attract buyers, despite its overall negative performance in the past year. <BR><BR>In summary, the stock's rise can be attributed to a trend reversal after a period of decline, increased investor participation, and strong financial results, even as it continues to face challenges from its historical performance.

Why is HMA Agro Industries Ltd falling/rising?

As of 23-Mar, HMA Agro Industries Ltd's stock price is Rs 23.05, down 3.8%, reflecting a significant decline of 20.65% year-to-date and 29.40% over the past year, underperforming the Sensex. Despite positive financial growth, bearish market sentiment and declining investor participation have led to the stock's continued decrease.

As of 23-Mar, HMA Agro Industries Ltd is experiencing a decline in its stock price, currently at Rs 23.05, which reflects a change of -0.91 or -3.8%. This downward movement can be attributed to several factors highlighted in the recent performance data. Over the past week, the stock has decreased by 3.15%, slightly outperforming the benchmark Sensex, which fell by 3.72%. However, the stock has shown a more significant decline over the past month, with a drop of 17.62%, compared to the Sensex's 12.72% decrease.<BR><BR>Year-to-date, HMA Agro's stock has fallen by 20.65%, which is notably worse than the Sensex's decline of 14.70%. Over the past year, the stock has plummeted by 29.40%, while the Sensex has only decreased by 5.47%. This stark contrast indicates that HMA Agro is underperforming relative to the broader market.<BR><BR>Today, the stock is also close to its 52-week low, being just 4.56% away from it. Furthermore, it has underperformed its sector by 1.64%. The moving averages indicate a bearish trend, as the stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a decline in investor participation, with delivery volume falling by 5.53% against the 5-day average.<BR><BR>Despite some positive financial indicators, such as a 32.18% growth in net sales and a significant increase in profits, these have not translated into stock price appreciation. The stock's current valuation is attractive compared to its peers, but the overall market sentiment and the recent performance trends suggest that investors are cautious, contributing to the stock's decline.

Why is HMA Agro Industries Ltd falling/rising?

As of 24-Mar, HMA Agro Industries Ltd's stock price is Rs 22.93, reflecting a decline of -0.99%. The stock has significantly underperformed the Sensex, with year-to-date and annual declines of -21.07% and -29.12%, respectively, and is currently trading near its 52-week low.

As of 24-Mar, HMA Agro Industries Ltd is experiencing a decline in its stock price, currently at Rs 22.93, which reflects a change of -0.23 or -0.99%. The stock has underperformed compared to the benchmark Sensex, with a 1-week decline of -3.66% versus the Sensex's -2.63%. Over the past month, the stock has decreased by -14.57%, significantly more than the Sensex's -9.92% drop.<BR><BR>Year-to-date, HMA Agro has fallen -21.07%, while the Sensex has only decreased by -13.09%. The stock's performance over the past year shows a decline of -29.12%, compared to the Sensex's modest -5.02% decrease. Additionally, the stock is currently trading close to its 52-week low, being only 4.06% away from that low point.<BR><BR>The stock has also been on a consecutive decline for the last two days, with a total drop of -4.3% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a significant increase in delivery volume, which rose by 1433.66% on March 23 compared to the 5-day average, the overall performance remains weak, suggesting that the stock is facing downward pressure in the market.

Why is HMA Agro Industries Ltd falling/rising?

As of 25-Mar, HMA Agro Industries Ltd's stock price is rising to 23.50, reflecting a potential trend reversal after previous declines. Despite a year-to-date drop of 19.10%, strong financial results and a favorable valuation suggest the stock may be undervalued, although decreased investor participation indicates caution.

As of 25-Mar, HMA Agro Industries Ltd's stock price is rising, currently at 23.50, reflecting an increase of 0.57 or 2.49%. This upward movement comes after two consecutive days of decline, indicating a potential trend reversal. The stock has outperformed its sector by 0.3% today, which may contribute to the positive sentiment among investors.<BR><BR>Despite the recent rise, it is important to note that the stock has experienced significant declines over longer periods, with a year-to-date drop of 19.10% and a one-year decline of 24.97%. However, the company has reported very positive financial results, including a 32.18% growth in net sales and substantial increases in profit before tax and profit after tax compared to previous quarters. This strong financial performance, alongside a favorable valuation with a low PEG ratio of 0.1, suggests that the stock may be undervalued relative to its peers.<BR><BR>Additionally, while the stock is trading below its moving averages, the overall positive results and sector performance, particularly in the FMCG sector which has gained by 2.25%, may be influencing the current rise in stock price. However, it is also worth mentioning that there has been a significant drop in investor participation, with delivery volume falling by 56.4% against the five-day average, which could indicate caution among investors despite the positive price movement today.