About
HMA Agro Industries Limited manufactures and exports frozen buffalo meat and related products. It offers frozen fish seafood, rice, pet food, by-product, and leather, as well as fruits and vegetables. The company offers products under the Black Gold, Kamil, Fresh Gold, and HMA Green Gold brands. It operates in India, Vietnam, Malaysia, Uzbekistan, Saudi Arabia, Indonesia, Hong Kong, Egypt, and internationally. HMA Agro Industries Limited was incorporated in 2008 and is based in Agra, India.
Key Metrics
as of Sep 2026Market Cap1,052 Cr
P/E4.90
Div Yield1.44 %
Book Value₹18.80
52w High₹34.20
52w Low₹20.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,072.00 | 1,538.00 | 1,993.00 | 2,149.00 | 1,088.00 | 1,437.00 | 1,365.00 | 1,367.00 | 694.00 | 1,317.00 | 1,216.00 | 1,180.00 | 951.00 |
| Expenses | 2,088.00 | 1,536.00 | 1,951.00 | 2,113.00 | 1,082.00 | 1,456.00 | 1,337.00 | 1,339.00 | 692.00 | 1,341.00 | 1,175.00 | 1,128.00 | 900.00 |
| Operating Profit | -16.00 | 2.00 | 42.00 | 37.00 | 7.00 | -19.00 | 28.00 | 28.00 | 1.00 | -23.00 | 41.00 | 52.00 | 52.00 |
| OPM % | -0.80 | 0.10 | 2.10 | 1.70 | 0.60 | -1.30 | 2.00 | 2.00 | 0.20 | -1.80 | 3.40 | 4.40 | 5.00 |
| Other Income | 71.00 | 36.00 | 40.00 | 36.00 | 11.00 | 33.00 | 26.00 | 11.00 | 9.00 | 6.00 | 21.00 | 4.00 | 9.00 |
| Depreciation | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 3.00 | 1.00 | 1.00 | 1.00 |
| Interest | 11.00 | 11.00 | 9.00 | 6.00 | 7.00 | 8.00 | 7.00 | 4.00 | 2.00 | 2.00 | 2.00 | 2.00 | 3.00 |
| Profit before tax | 43.00 | 26.00 | 72.00 | 64.00 | 10.00 | 5.00 | 45.00 | 35.00 | 7.00 | -22.00 | 58.00 | 53.00 | 57.00 |
| Tax % | 25.00 | 26.00 | 27.00 | 25.00 | 25.00 | 131.00 | 24.00 | 27.00 | 64.00 | -37.00 | 25.00 | 28.00 | 25.00 |
| Net Profit | 32.00 | 19.00 | 52.00 | 48.00 | 7.00 | -1.00 | 34.00 | 25.00 | 2.00 | -14.00 | 43.00 | 38.00 | 43.00 |
| EPS in Rs | 0.64 | 0.38 | 1.05 | 0.96 | 0.14 | -0.03 | 0.68 | 0.50 | 0.05 | -0.27 | 0.87 | 0.76 | 0.85 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Sales | 6,769.00 | 4,862.00 | 4,665.00 | 3,126.00 | 2,922.00 | 1,707.00 | 2,373.00 | 2,742.00 |
| Expenses | 6,681.00 | 4,821.00 | 4,540.00 | 2,971.00 | 2,813.00 | 1,611.00 | 2,312.00 | 2,719.00 |
| Operating Profit | 87.00 | 41.00 | 126.00 | 154.00 | 109.00 | 97.00 | 60.00 | 23.00 |
| OPM % | 1.30 | 0.80 | 2.70 | 4.90 | 3.70 | 6.00 | 2.50 | 0.80 |
| Other Income | 123.00 | 79.00 | 41.00 | 46.00 | 55.00 | 13.00 | 44.00 | 42.00 |
| Interest | 34.00 | 24.00 | 14.00 | 12.00 | 10.00 | 6.00 | 20.00 | 6.00 |
| Depreciation | 5.00 | 5.00 | 6.00 | 4.00 | 4.00 | 4.00 | 24.00 | 10.00 |
| Profit before tax | 172.00 | 91.00 | 147.00 | 184.00 | 149.00 | 98.00 | 60.00 | 48.00 |
| Tax % | 26.00 | 34.00 | 24.00 | 25.00 | 26.00 | 26.00 | 26.00 | 46.00 |
| Net Profit | 127.00 | 60.00 | 111.00 | 137.00 | 110.00 | 72.00 | 44.00 | 26.00 |
| EPS in Rs | 2.54 | 1.20 | 2.21 | 2.89 | 2.32 | 19.42 | 11.93 | 7.00 |
| Dividend Payout % | 0.00 | 25.00 | 14.00 | 10.00 | 9.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 50.00 | 50.00 | 50.00 | 48.00 | 48.00 | 4.00 | 4.00 | 4.00 |
| Reserves | 845.00 | 732.00 | 687.00 | 437.00 | 320.00 | 254.00 | 181.00 | 137.00 |
| Borrowings | 834.00 | 504.00 | 385.00 | 286.00 | 265.00 | 169.00 | 174.00 | 131.00 |
| Other Liabilities | 584.00 | 327.00 | 181.00 | 133.00 | 111.00 | 129.00 | 130.00 | 291.00 |
| Total Liabilities | 2,313.00 | 1,614.00 | 1,303.00 | 903.00 | 744.00 | 555.00 | 490.00 | 563.00 |
| Fixed Assets | 39.00 | 35.00 | 39.00 | 35.00 | 35.00 | 38.00 | 49.00 | 42.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 223.00 | 220.00 | 73.00 | 73.00 | 73.00 | 52.00 | 34.00 | 19.00 |
| Other Assets | 2,052.00 | 1,360.00 | 1,191.00 | 794.00 | 636.00 | 465.00 | 406.00 | 502.00 |
| Total Assets | 2,313.00 | 1,614.00 | 1,303.00 | 903.00 | 744.00 | 555.00 | 490.00 | 563.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -119.00 | 19.00 | -142.00 | 134.00 | -48.00 | 42.00 | 44.00 |
| Cash from Investing Activity | -126.00 | -124.00 | -36.00 | -87.00 | -76.00 | -33.00 | -29.00 |
| Cash from Financing Activity | 282.00 | 84.00 | 221.00 | 1.00 | 90.00 | 4.00 | 17.00 |
| Net Cash Flow | 37.00 | -21.00 | 43.00 | 49.00 | -34.00 | 13.00 | 32.00 |
| Free Cash Flow | -129.00 | 19.00 | -149.00 | 130.00 | -49.00 | 37.00 | 37.00 |
| CFO/OP % | -106.00 | 150.00 | -75.00 | 116.00 | -5.00 | 12.00 | 95.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1.00 | 11.00 | 37.00 | 35.00 | 36.00 | 36.00 | 20.00 | 40.00 |
| Inventory Days | 77.00 | 52.00 | 15.00 | 16.00 | 20.00 | 34.00 | 30.00 | 15.00 |
| Days Payable | 8.00 | 7.00 | 11.00 | 10.00 | 10.00 | 18.00 | 8.00 | 40.00 |
| Cash Conversion Cycle | 70.00 | 56.00 | 41.00 | 41.00 | 46.00 | 52.00 | 41.00 | 15.00 |
| Working Capital Days | 10.00 | 17.00 | 23.00 | 14.00 | 18.00 | 20.00 | 6.00 | 7.00 |
| ROCE % | 14.00 | 10.00 | 17.00 | 28.00 | 30.00 | 27.00 | 25.00 | — |
Corporate Actions
4 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 22 Aug 2025 | 22 Aug 2025 | — | 0.30 | |
| Dividend | 20 Sep 2024 | — | — | 0.30 | |
| Split | 29 Dec 2023 | 29 Dec 2023 | 10:1 | — | |
| Dividend | 15 Sep 2023 | — | — | 3.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update16 Jul from crisil
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Rating update30 Jun from care
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Rating update13 Mar from crisil
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Rating update30 Oct 2025 from care
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Rating update31 Jul 2025 from crisil
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Rating update1 Jul 2025 from crisil