Is HMA Agro Industries a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that HMA Agro Industries Ltd is a good quality company .

Is HMA Agro Industries undervalued or overvalued?

The key valuation ratios of HMA Agro Industries Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is HMA Agro Industries share price return in the past 10 years?

Data is not available for this company

Is HMA Agro Industries a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of HMA Agro Industries Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of HMA Agro Industries?

The latest standalone P/E ratio of HMA Agro Industries as of 24-Apr-2025 is 36.37.

What is the P/B ratio of HMA Agro Industries?

The latest standalone P/B ratio of HMA Agro Industries as of 24-Apr-2025 is 2.23.

What is the 52-week high and low of HMA Agro Industries?

The 52-week high of HMA Agro Industries is Rs. 63.95 and the 52-week low is Rs. 27.54.

HMA Agro Industries Ltd - Stock Valuation and Financial Performance

Name: HMA Agro Industries
Brand: HMA Agro Industries

BSE: 543929 | NSE: HMAAGRO | Consumer Food | Small Cap

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HMA Agro Indus Share Price

₹34.73 -0.19 -0.54%
as on 24-Apr'25 16:59

DeciZen - make an informed investing decision on HMA Agro Indus

Based on:

Data

Overall Rating ⓘ
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1. Quality

2. Valuation

3. Price Trend

HMA Agro Industries stock performance -

PE Chart Key Ratios

P/E Ratio (SA):

36.37

Market Cap:

1,748.7 Cr.

52-wk low:

27.5

52-wk high:

Is HMA Agro Industries Ltd an attractive stock to invest in?

10 Year X-Ray of HMA Agro Indus: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	0%	0%	0%	0%	20.5%	26.3%	27.1%	30.1%	27.9%	17%	-
Value Creation Index ⓘ	NA	NA	NA	NA	0.5	0.9	0.9	1.2	1.0	0.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	0	0	0	0	2,742	2,373	1,707	2,922	3,126	4,665	4,743
Sales YoY Gr.	-	NA	NA	NA	NA	-13.5%	-28%	71.1%	7%	49.3%	-
Adj EPS ⓘ	0	0	0	0	0	0.4	1.4	1.6	2.6	2	1
YoY Gr.	-	NA	NA	NA	NA	NA	308.6%	14%	57.7%	-22.2%	-
BVPS (₹) ⓘ	0	0	0	0	3	3.9	5.4	7.7	10.2	14.7	15.7
Adj Net Profit ⓘ	0	0	0	0	0	16.9	67.8	77.4	122	100	48
Cash Flow from Ops. ⓘ	0	0	0	0	28.6	44	42	-48.2	134	-142	-
Debt/CF from Ops. ⓘ	0	0	0	0	4.4	3.7	4	-5.5	2.1	-2.7	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	NA	11.2%	39.8%	49.3%
Adj EPS ⓘ	NA	NA	11.8%	-22.2%
BVPSⓘ	NA	37.6%	39.6%	44.3%
Share Price	-	-	-	-43.9%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	-0	10.3	30.6	24.8	28.6	16.4	6.3
Op. Profit Mgn % ⓘ	0.8	2.6	5.8	3.7	5.2	2.7	0.7
Net Profit Mgn % ⓘ	0	0.7	4	2.7	3.9	2.2	1
Debt to Equity ⓘ	0.9	0.9	0.7	0.7	0.6	0.5	-
Working Cap Days ⓘ	0	66	83	63	77	70	41
Cash Conv. Cycle ⓘ	0	29	49	36	40	33	13

Recent Performance Summary

Latest Financials - HMA Agro Industries Ltd.

	Standalone	Consolidated
TTM EPS (₹)	1	1.5
TTM Sales (₹ Cr.)	4,743	5,024
BVPS (₹.) ⓘ	15.7	15.5
Reserves (₹ Cr.) ⓘ	749	727
P/BV ⓘ	2.23	2.25
PE ⓘ	36.37	23.48

From the Market
52 Week Low / High (₹)	27.54 / 63.95
All Time Low / High (₹)	27.54 / 84.00
Market Cap (₹ Cr.)	1,749
Equity (₹ Cr.)	50.1
Face Value (₹)	1
Industry PE ⓘ	64.7

Quarterly Results

Standalone Basis

Consolidated Basis

	Mar'24	YoY Gr. Rt. %	Jun'24	YoY Gr. Rt. %	Sep'24	YoY Gr. Rt. %	Dec'24	YoY Gr. Rt. %
Operating Income	0	50	0.2	500	0.7	2333.3	0.8	2400
Adj EPS (₹)	-1.90	N/A	-0.60	-6100	-0.48	N/A	-0.60	N/A
Net Profit Mgn %	-2936.67	-292238 bps	-909.14	-91882 bps	-173.05	104419 bps	-248.77	240640 bps

Management X-Ray of HMA Agro Indus:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of HMA Agro Indus

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

No data found!

Key Ratios of HMA Agro Indus

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Peer Comparison

Company Name	CMP(₹)	Change ₹(%)	Market Cap	Net Sales (₹ Cr.)	Latest EPS (₹)	Net Profit Margin %	Latest P/E	Latest P/BV
Hatsun Agro Product	936.9	-20 (-2.1%)	Small Cap	7,990	12.9	3.2	74	12.7
LT Foods	365.2	-2.7 (-0.7%)	Small Cap	7,772	17.1	7.7	21.5	3.4
KRBL	316.4	-0.1 (-0%)	Small Cap	5,385	19	10.9	16.6	1.4
Avanti Feeds	901.9	27.2 (3.1%)	Small Cap	5,369	35.3	7.2	24.8	4.5
HMA Agro Indus	34.7	-0.2 (-0.5%)	Small Cap	4,665	1	2.1	36.4	2.2
Heritage Foods	416.3	-6.3 (-1.5%)	Small Cap	3,734	18.4	2.6	22.9	4.2
Parag Milk Foods	190.9	0.5 (0.3%)	Small Cap	3,139	8.6	2.6	22.2	2.3
Devyani Internatl.	179.4	4 (2.3%)	Small Cap	2,998	0.2	9.2	954.5	18.3
Dodla Dairy	1,146.6	16.1 (1.4%)	Small Cap	2,907	37.8	5.3	29.9	5.5
Sapphire Foods India	340.1	1.5 (0.4%)	Small Cap	2,594	0.6	2	548.2	7.9

Shows rows:

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Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	2,742	2,373	1,707	2,922	3,126	4,665
Operating Expenses ⓘ	2,719	2,312	1,611	2,813	2,971	4,540
Manufacturing Costs	141	147	80	88	137	219
Material Costs	2,306	1,912	1,367	2,350	2,531	4,011
Employee Cost	86	76	58	73	22	39
Other Costs ⓘ	186	178	106	303	281	271
Operating Profit ⓘ	23	60	97	109	154	126
Operating Profit Margin (%)	0.8%	2.5%	5.7%	3.7%	4.9%	2.7%
Other Income ⓘ	42	44	13	55	46	41
Interest ⓘ	6	20	6	10	12	14
Depreciation ⓘ	10	24	4	4	4	6
Exceptional Items ⓘ	0	0	0	0	0	0
Profit Before Tax ⓘ	48	60	98	149	184	147
Tax ⓘ	22	16	26	39	46	36
Profit After Tax	26	45	72	110	137	111
PAT Margin (%)	1.0%	1.9%	4.2%	3.8%	4.4%	2.4%
Adjusted EPS (₹)	0.6	0.9	1.5	2.3	2.9	2.2
Dividend Payout Ratio (%)	1%	0%	0%	0%	10%	14%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	141	185	257	368	484	737
Share Capital ⓘ	4	4	4	48	48	50
Reserves ⓘ	137	181	254	320	437	687
Minority Interest	0	0	0	0	0	0
Debt	124	161	169	265	286	383
Long Term Debt	0	0	0	0	0	0
Short Term Debt	124	161	169	265	286	383
Trade Payables	255	42	67	65	67	124
Others Liabilities ⓘ	43	98	61	45	58	57
Total Liabilities ⓘ	562	486	554	743	896	1,301
Fixed Assets
Gross Block	52	67	47	48	52	63
Accumulated Depreciation	10	17	9	13	17	23
Net Fixed Assetsⓘ	42	49	38	35	35	39
CWIP ⓘ	0	0	0	0	0	0
Investmentsⓘ	19	34	52	73	73	73
Inventories	94	156	127	132	113	163
Trade Receivables	303	127	169	288	299	474
Cash Equivalents	6	38	51	39	67	108
Others Assetsⓘ	100	82	118	176	308	444
Total Assets ⓘ	562	486	554	743	896	1,301

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	29	44	42	-48	134	-142
PBT ⓘ	48	60	98	149	184	147
Adjustment ⓘ	8	-4	11	-40	15	4
Changes in Working Capital ⓘ	-5	1	-37	-115	-20	-245
Tax Paid ⓘ	-22	-13	-30	-43	-44	-47
Cash Flow From Investing Activity ⓘ	-18	-29	-33	-76	-87	-36
Capex	-5	-7	-5	-1	-5	-7
Net Investments	-1	-7	0	-23	21	-34
Others ⓘ	-12	-16	-27	-53	-103	4
Cash Flow From Financing Activityⓘ	-6	17	4	90	1	221
Net Proceeds from Shares ⓘ	0	0	0	0	0	150
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0
Interest Paid ⓘ	-3	0	-4	-6	-10	-10
Dividend Paid ⓘ	0	0	0	0	-10	-15
Others ⓘ	-3	17	8	96	20	96
Net Cash Flow ⓘ	4	32	13	-34	49	43

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	18.54	27.32	32.76	35.33	32.23	18.12
ROCE (%)	20.48	26.3	27.14	30.14	27.94	16.99
Asset Turnover Ratio	4.88	4.53	3.28	4.51	3.82	4.25
PAT to CFO Conversion(x)	1.12	0.98	0.58	-0.44	0.98	-1.28
Working Capital Days
Receivable Days	40	33	32	29	34	30
Inventory Days	12	19	30	16	14	11
Payable Days	40	28	15	10	10	9

HMA Agro Industries Ltd Stock News

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HMA Agro Industries Ltd FAQs

What is the share price of HMA Agro Indus?

Company share prices are keep on changing according to the market conditions. The closing price of HMA Agro Indus on 24-Apr-2025 16:59 is ₹34.73.

What is the market cap of HMA Agro Indus?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 24-Apr-2025 16:59 the market cap of HMA Agro Indus stood at ₹1,748.7.

What is the P/E ratio of HMA Agro Indus?

The latest P/E ratio of HMA Agro Indus as of 24-Apr-2025 16:59 is 36.37.

What is the P/B ratio of HMA Agro Indus?

The latest P/B ratio of HMA Agro Indus as of 24-Apr-2025 16:59 is 2.23.

What is the 52-week high and low of HMA Agro Indus?

The 52-week high of HMA Agro Indus is ₹63.95 and the 52-week low is ₹27.54.

What is the TTM revenue of HMA Agro Indus?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of HMA Agro Indus is ₹4,743 ( Cr.) .

About HMA Agro Industries Ltd

The company was incorporated as ‘HMA Agro Industries Limited’ on April 09, 2008 under the Companies Act, 1956 with the Registrar of Companies, Uttar Pradesh and Uttranchal bearing registration number 034977. The company was granted its certificate for commencement of business on June 25, 2008 by the RoC. Further, object of the company was altered vide Special Resolution dated January 01, 2015 and August 29, 2016. The fresh certificate of incorporation was issued on January 19, 2015 and September 27, 2016, respectively by the Registrar of Companies, Kanpur.

HMA Group is one of the biggest food trade organisation for handled food and agro products including frozen fresh deglanded buffalo meat, prepared/frozen natural products, vegetables and cereals in India and has an experience of many years altogether. HMA Group has been in the meat industry since over four decades. The company is the flagship company of the group and is a three star export house recognized by Government of India. Its products are mainly packaged under the brand name ‘Black Gold’, ‘Kamil’ & ‘HMA’ and exported to many countries all over the globe. It deals in buffalo meat and allied products. Unlike beef or pork, buffalo meat is free from religious constraints and has the added advantage of low fat and cholesterol. The meat produced for export is in the form of deboned and deglanded frozen halal buffalo meat.

It (including its subsidiaries) own four fully integrated packaged meat processing plants which are located at Aligarh, Mohali, Agra and Parbhani and are in the process of setting up its fifth fully integrated owned meat product processing unit at Haryana. The procurement of raw material is done by the company and then this raw material is sent to various processing units to process the raw material into final products and it exports these branded finished products through its distribution channels. Most of these processing units are owned by its subsidiaries and some are owned by third parties. The company pays the fixed charges to these processing units.

Business area of the company

The company is one of the biggest food trade organisation for handled food and agro products including frozen fresh deglanded buffalo meat, prepared/frozen natural products, vegetables and cereals in India.

Products of the company

Frozen buffalo meat
Frozen fish
Basmati rice

History and milestone

2008: The company was incorporated as HMA Agro Industries Limited.
2010: Commencement of Production at its Aligarh Plant.
2012: Commencement of Export and Production from Agra Plant (contractual basis).
2013: Crossed revenue of Rs 10,000 million.
2016: Acquired 100% stake of FNS Agro Foods Limited.
2017: Acquired 100% stake of HMA Food Export Private Limited.
2018: Acquired 100% stake of United Farm Product Private Limited, under which Haryana Plant was proposed.
2018: Commencement of Manesar Plant (secondary level meat processing unit).
2018: Crossed revenue of Rs 20,000 million.
2019: Closure of Aligarh Plant due to UPPCB Issue.
2020: Incorporated its Subsidiary Laal Agro Food Private Limited (Owner of Jaipur Plant).
2020: Incorporated its Subsidiary JFF Exports Private Limited.
2021: Acquired 60% of Federal Agro Industries Private Limited.
2021: Acquired 95% of M/s. Reliable Agro Foods.
2021: JFF Exports Pvt Ltd enters into agreement to acquire the Unnao Plant and formalities for asset transfer get underway.
2022: Introduced Frozen Fish and Basmati Rice in the product basket.
2023: Commencement of Production in Haryana Plant.