HMA Agro Industries Limited (HMAAGRO) AI Stock Analysis

• Market Cap: ₹15.63B
• Dividend Yield: 0.95%
• Average Volume (3M): 29.03K
• Price to Earnings (P/E): 18.1
• Beta (1Y): 1.03
• Revenue Growth: 21.70%
• EPS Growth: 48.92%
• Country: IN
• Employees: 900
• Sector: Consumer Defensive
• Sector Strength: 61
• Industry: Packaged Foods
• EPS (TTM): 0.02
• Shares Outstanding: 500,769,780
• 10 Day Avg. Volume: 23,988
• 30 Day Avg. Volume: 29,031
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹34.00
• Price Target Upside: 7.87% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 65 Neutral
• Price Target: ₹34.00 ▲(7.87% Upside)

HMA Agro Industries Limited's stock score reflects a mixed financial performance with some recovery in profitability and cash flow, but ongoing challenges in cost control and leverage. The technical analysis indicates a neutral trend, and the valuation is fair. The absence of earnings call data and corporate events means these factors do not influence the score.

HMA Agro Industries Limited Business Overview & Revenue Model

Company Description

HMA Agro Industries Limited (HMAAGRO) is a prominent player in the agricultural sector, specializing in the processing and export of a wide range of agro-based products. The company operates in the food industry, focusing on the production and distribution of high-quality frozen and chilled meat products. Its core offerings include buffalo meat, mutton, and other value-added products, catering to both domestic and international markets.

How the Company Makes Money

The company generates revenue primarily through the sale of its processed meat products. HMA Agro Industries Limited makes money by sourcing livestock, processing meat at its state-of-the-art facilities, and exporting the finished products to various international markets, including the Middle East, Southeast Asia, and Africa. The company benefits from economies of scale and a well-established supply chain that enhances its operational efficiency. Additionally, strategic partnerships with distributors and retailers across different regions contribute significantly to its sales volume, further bolstering its revenue streams.

HMA Agro Industries Limited Financial Statement Overview

Summary

HMA Agro Industries Limited shows a mixed financial performance. The income statement indicates a recovery with improved net profitability, but challenges remain in cost control and revenue stability. The balance sheet reflects moderate health with high leverage, and cash flow statements reveal operational inefficiencies despite recent improvements.

Income Statement

HMA Agro Industries Limited shows a mixed performance in its income statement. The gross profit margin has declined slightly, indicating a pressure on cost control. However, the company has managed to maintain a stable EBITDA margin. The net profit margin has improved slightly from a loss in 2022 to a positive in recent years, suggesting some recovery. Revenue growth is volatile, but the overall trend indicates a recovery from the previous downturn.

Balance Sheet

The balance sheet of HMA Agro Industries reflects moderate financial health. The debt-to-equity ratio is relatively high, indicating significant leverage, which could pose risks in a downturn. However, the equity ratio shows a decent proportion of equity financing. Return on equity has improved as the company returned to profitability, but it remains at a level that suggests room for enhancement.

Cash Flow

Cash flow statements reveal challenges in cash generation. Operating cash flow is positive but fluctuates significantly year-over-year, highlighting operational inefficiencies. Free cash flow has been negative in previous years, though it has turned positive recently. The free cash flow to net income ratio indicates some improvement in cash conversion efficiency, though it remains an area of concern.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2022	Dec 2022	Dec 2021
Income Statement
Total Revenue	50.24B	51.33B	48.13B	30.83B	1.21B	17.07B
Gross Profit	6.00B	5.61B	6.08B	6.63B	164.95M	3.41B
EBITDA	1.50B	1.83B	1.85B	1.24B	1.65B	1.20B
Net Income	744.80M	867.80M	1.01B	-1.18M	64.12M	715.97M
Balance Sheet
Total Assets	0.00	17.10B	14.39B	160.50M	687.52M	5.94B
Cash, Cash Equivalents and Short-Term Investments	1.28B	942.87M	1.15B	4.53M	3.01M	517.00M
Total Debt	0.00	5.35B	4.92B	67.17M	315.13M	1.71B
Total Liabilities	-7.77B	9.00B	7.02B	73.11M	524.58M	3.33B
Stockholders Equity	7.77B	7.89B	7.17B	87.39M	162.94M	2.60B
Cash Flow
Free Cash Flow	0.00	800.29M	-2.04B	-1.22M	-386.46M	76.00M
Operating Cash Flow	0.00	1.02B	-1.66B	703.00K	36.53M	211.00M
Investing Cash Flow	0.00	-1.50B	-563.27M	-151.92M	-271.47M	-129.00M
Financing Cash Flow	0.00	272.61M	2.68B	155.74M	233.41M	50.00M

HMA Agro Industries Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 31.52
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HMAAGRO, the sentiment is Positive. The current price of 31.52 is above the 20-day moving average (MA) of 30.76, above the 50-day MA of 31.30, and below the 200-day MA of 35.26, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 55.91 is Neutral, neither overbought nor oversold. The STOCH value of 44.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:HMAAGRO.

HMA Agro Industries Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GOKULAGRO	78 Outperform	₹46.42B	18.68		―	28.64%	60.53%
GRMOVER	74 Outperform	₹21.62B	36.09		―	-4.20%	0.92%
KRBL	73 Outperform	₹107.85B	19.97		0.85%	15.69%	10.74%
CLSEL	70 Outperform	₹14.19B	13.93		0.79%	-1.06%	-4.34%
Sector *	66 Neutral	£7.97B	8.83	8.48%	3.53%	2.08%	24.83%
HMAAGRO	65 Neutral	₹15.63B	18.12		0.95%	21.70%	48.92%
LTFOODS	63 Neutral	₹157.76B	25.42		0.66%	12.52%	1.89%

HMA Agro Industries Limited Corporate Events

HMA Agro Industries Challenges CRISIL’s Credit Rating Withdrawal

HMA Agro Industries Limited announced the withdrawal of its credit rating by CRISIL Ratings Limited, which was done under the ‘Issuer Not Cooperating’ category, a classification the company disputes. HMA Agro Industries had requested the withdrawal of the rating, citing fulfillment of all obligations and maintaining transparency with CRISIL. The withdrawal and the ‘INC’ status may impact the company’s perceived credit risk profile, although HMA asserts compliance with all formalities and views the action as unjustified.

HMA Agro Industries Secures Favorable Income Tax Ruling

HMA Agro Industries Limited announced a favorable outcome in its income tax proceedings, where substantial tax demands for several assessment years were quashed, resulting in revised refund orders from the Income Tax Department. This outcome reaffirms the company’s compliance practices and confirms that there are no adverse financial implications from this matter.

HMA Agro Industries Secures Favorable Outcome in Tax Proceedings

HMA Agro Industries Limited announced a favorable outcome in their income tax proceedings, where substantial tax demands for multiple assessment years were quashed, resulting in revised refund orders from the Income Tax Department. This outcome reaffirms the company’s compliance practices and confirms that there will be no adverse financial implications, strengthening its position in the industry.