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HMA Agro Industries share price & results

HMA Agro Industries Limited· Fast Moving Consumer Goods

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Indian integrated food-processing and export company specializing in premium halal frozen buffalo meat, plus seafood, pet food, rice and leather by-products, exported to 40+ countries.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue2,110 ₹ crore+87.9% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin0.4 %−0.1 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit51.0 ₹ crore+5000.0% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity24.97 %+7.5 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-1.74 %−3.7 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)42.55 %+28.1 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

0 of 7 judged targets kept · 1 open · verdicts reflect calls analysed to Q1 FY27.

HMA Agro Industries Limited management guidance track record on Inve: 8 targets tracked across analysed earnings calls (0 achieved, 7 missed, 1 open).

TargetOriginal wordingSaidLatest callVerdict
Revenue Share from Philippines, Indonesia, Malaysia20-25% revenue share in FY26
Call transcript, Q4 FY25 · 4 Jun 2025		Q4 FY25Q1 FY27:The target period (FY26) has passed, and the promise was confirmed as missed in the previous quarter. The topic was not discussed.
Call transcript, Q1 FY27 · 14 Aug 2026		Missed
Total Revenue$1 billion USD by 2027
Call transcript, Q4 FY25 · 4 Jun 2025		Q4 FY25Q1 FY27:The company reported strong consolidated revenue of INR 2,110.32 crores, up 88% YoY. This performance keeps the company on a plausible trajectory to meet its revised INR 10,000 crore revenue target for FY27.
Call transcript, Q1 FY27 · 14 Aug 2026		On Track

Source: Inve Guidance Tracker for HMA Agro Industries Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

7 of HMA Agro Industries Limited's 8 targets were missed. See which ones, and which are quietly gone. The 2 above are the free sample; 6 more targets are in the full ledger.

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Price

₹23.61 +0.98% · +₹0.23

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −23.8% 1Y

₹20.0₹25.0₹30.0Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 17 Nov 2025Q3 FY26 — 13 Feb 2026Q4 FY26 — 29 May 2026Q1 FY27 — 14 Aug 2026

1Y: ₹31 on 24 Oct 2025 → ₹23.61. High ₹31.99 (17 Nov 2025), low ₹19.98 (10 Sept 2026).

Previous close
₹23.38
Market cap
₹1.2k Cr
52-week range
₹19.98 – ₹31.99
One year
−23.42%
Price to earnings (TTM to Jun 2026)
5.43×
Return on equity (TTM to Jun 2026)
24.97%

Overview

Symbol
NSE:HMAAGRO
Exchange
NSE
Currency
INR

What HMA Agro Industries Limited does

Based on the company's own presentations, annual report and earnings calls.

HMA Agro Industries is an integrated food-processing and export company that procures, processes and exports frozen halal buffalo meat through its own abattoir-cum-processing plants, cold-storage infrastructure and export-logistics chain. It has diversified into seafood, rice, pet food, edible offals, and leather products, sold under brands such as Black Gold, Kamil, HMA, Darlingpets, Fresh Gold and Green Gold. The company is a Government of India-recognised Five Star Export House, serving customers across more than 40 countries in the Middle East, Africa and Asia, and operates under international quality/food-safety certifications including ISO, HACCP, FSSC and GMP.

Segments

  • Frozen halal buffalo meat
  • Seafood
  • Pet food
  • Rice
  • Fruits & vegetables
  • Leather products
Manufacturing/processing facilities
10 facilities across 5 Indian states (Uttar Pradesh, Punjab, Haryana, Madhya Pradesh, Maharashtra)
Annual meat processing capacity
~4,00,000 metric tonnes/year
Daily production capacity
~1,472 MT/day
Facility mix
6 integrated meat processing plants, 1 fish processing facility, 1 pet food manufacturing unit, 1 rice facility (Karnal, Haryana), 1 chicken processing plant under development
Export markets
40+ countries across five continents
FY26 export volume (Consolidated)
2,21,187 MT
Founded 1960Headquarters Agra, Uttar Pradesh, India Company website

How the price took the results

close before → close after

Q1 FY27
+10.6%
14 Aug
Q4 FY26
−1.3%
29 May
Q3 FY26
−7.0%
13 Feb
Q2 FY26
+6.7%
17 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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