---
title: "HMA Agro Industries Ltd (HMAAGRO) — Share Price, Financials & Analysis"
symbol: "HMAAGRO"
company: "HMA Agro Industries Ltd"
canonical: "https://tapetide.com/stocks/HMAAGRO"
isin: "INE0ECP01024"
nse_symbol: "HMAAGRO"
bse_code: "543929"
sector: "Food Products"
industry: "Meat Products"
market_cap_cr: 993.03
generated_at: "2026-09-13T18:27:47.902Z"
---

# HMA Agro Industries Ltd (HMAAGRO)

Canonical page: https://tapetide.com/stocks/HMAAGRO

## Company

- **NSE Symbol:** HMAAGRO
- **BSE Code:** 543929
- **ISIN:** INE0ECP01024
- **Sector:** Food Products
- **Industry:** Meat Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2023-07-04
- **CEO:** Mr. Gulzar Ahmad
- **Employees:** 295
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** hmagroup.co

## About

Incorporated in 2008, HMA Agro Industries Limited is a food trade organization for handled food and agro products including frozen fresh buffalo meat, prepared/frozen natural products, vegetables, and cereals in India.[1]

## Latest Price

- **Price:** ₹20.07
- **Change:** +0.09 (+0.45%)
- **Open:** ₹20
- **Day High:** ₹20.24
- **Day Low:** ₹19.68
- **Previous Close:** ₹19.98
- **Volume:** 982208
- **As Of:** 2026-09-11T09:59:53+00:00

## Key Fundamentals

Observed at 2026-09-11T04:47:36.479568Z.

- **Market Cap:** ₹993.03 Cr
- **Classification:** Microcap
- **P/E (reported):** 4.7
- **P/E (TTM):** 4.69
- **EPS (TTM):** ₹4.28
- **EPS (reported):** ₹2.01
- **Book Value:** ₹18.79
- **Price to Book:** 1.06
- **Dividend Yield:** 1.5%
- **ROE:** 10.83%
- **ROCE:** 17.71%
- **Debt to Equity:** 0.9
- **Revenue (yearly):** ₹6916.5 Cr
- **Net Income:** ₹166.21 Cr
- **EBITDA:** ₹159.04 Cr
- **52-Week High:** ₹34.24
- **52-Week Low:** ₹19.09
- **RSI (14):** 32.83

## Tapetide Score

- **Score:** 52 / 100
- **Score date:** 2026-09-04
- **Archetype:** Cheap but Weak
- **What it means:** A low multiple sitting on weak financials. Worth establishing what the market is discounting before treating the low valuation as an opportunity — weak fundamentals often justify it.
- **Pillar profile:** Quality: Weak · Valuation: Cheap · Momentum: Falling
- **Percentile:** 56.6 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 42.04 | 9% |
| growth | 98.08 | 9% |
| momentum | 18.74 | 12% |
| ownership | 49.57 | 24% |
| quality | 46.35 | 22% |
| valuation | 72.51 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 1.07 times its book value
- Company is expected to give good quarter

### Weaknesses

- Contingent liabilities of Rs.1,634 Cr.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.185 Cr.
- Dividend payout has been low at 10.8% of profits over last 3 years

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 175.02% | -8.59% | 66.03% |
| ebitda margin growth | 165.03% | -35.8% | -39.41% | -59.64% |
| net income growth | 515.85% | 89.52% | 11% | 18% |
| revenue growth | 35.04% | 32.64% | 29% | 32% |
| roce | 228.15% | -6.99% | -48.16% | 29.23% |
| roe | 514.48% | -20.6% | 16.48% | -60.99% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1200 | 1252 | 1390 | 713 | 1466 | 1455 | 1500 | 1123 | 2155 | 2059 | 1579 | 2110 |
| Expenses | 1177 | 1203 | 1393 | 705 | 1408 | 1423 | 1495 | 1117 | 2060 | 1995 | 1585 | 2101 |
| Operating Profit | 23 | 49 | -3 | 8 | 58 | 32 | 5 | 5 | 95 | 64 | -6 | 9 |
| OPM % | 1.9 | 3.9 | -0.2 | 1.1 | 4 | 2.2 | 0.3 | 0.5 | 4.4 | 3.1 | -0.4 | 0.4 |
| Other Income | 5 | 27 | 8 | 10 | 12 | 26 | 33 | 11 | 36 | 41 | 37 | 72 |
| Interest | 3 | 4 | 3 | 3 | 4 | 8 | 8 | 8 | 6 | 9 | 11 | 12 |
| Depreciation | 9 | 10 | 6 | 8 | 8 | 9 | 9 | 7 | 8 | 8 | 8 | 7 |
| Profit before tax | 16 | 62 | -4 | 6 | 58 | 41 | 21 | 1 | 117 | 88 | 11 | 63 |
| Tax % | 65 | 21 | -137 | 87 | 8 | 49 | 41 | 58 | 23 | 24 | 28 | 19 |
| Net Profit | 6 | 49 | 2 | 1 | 53 | 21 | 12 | 1 | 90 | 67 | 8 | 51 |
| EPS in Rs | 0.19 | 0.92 | 0.02 | 0.03 | 1.04 | 0.41 | 0.26 | 0.02 | 1.79 | 1.32 | 0.16 | 1.01 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 2742 | 2373 | 1708 | 3083 | 3209 | 4813 | 5133 | 6916 | 7904 |
| Expenses | 2720 | 2326 | 1608 | 2959 | 3052 | 4677 | 5027 | 6757 | 7741 |
| Operating Profit | 23 | 47 | 99 | 124 | 158 | 137 | 106 | 159 | 163 |
| OPM % | 0.8 | 2 | 6 | 4 | 4.9 | 2.8 | 2.1 | 2.3 | 2.1 |
| Other Income | 42 | 44 | 13 | 56 | 47 | 49 | 81 | 125 | 185 |
| Interest | 6 | 19 | 6 | 10 | 13 | 17 | 27 | 35 | 39 |
| Depreciation | 10 | 10 | 8 | 11 | 18 | 35 | 35 | 32 | 31 |
| Profit before tax | 49 | 62 | 98 | 159 | 174 | 133 | 126 | 218 | 279 |
| Tax % | 36 | 26 | 26 | 27 | 29 | 24 | 30 | 24 | — |
| Net Profit | 31 | 46 | 72 | 116 | 123 | 101 | 88 | 165 | 215 |
| EPS in Rs | 8.36 | 12.31 | 19.36 | 2.42 | 2.53 | 2.01 | 1.73 | 3.29 | 4.28 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 15 | 17 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 4 | 4 | 4 | 48 | 48 | 50 | 50 | 50 |
| Reserves | 138 | 183 | 256 | 327 | 427 | 667 | 739 | 891 |
| Borrowings | 132 | 169 | 181 | 330 | 343 | 492 | 535 | 850 |
| Other Liabilities | 276 | 117 | 131 | 151 | 181 | 230 | 386 | 622 |
| Total Liabilities | 549 | 473 | 572 | 856 | 999 | 1439 | 1710 | 2413 |
| Fixed Assets | 84 | 95 | 93 | 141 | 261 | 295 | 273 | 261 |
| CWIP | 0 | 2 | 14 | 92 | 58 | 36 | 47 | 61 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 465 | 376 | 466 | 624 | 680 | 1109 | 1390 | 2090 |
| Total Assets | 549 | 473 | 572 | 856 | 999 | 1439 | 1710 | 2413 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 23 | 24 | 75 | -32 | 136 | -166 | 124 | -85 |
| Cash from Investing Activity | -8 | -30 | -70 | -144 | -83 | -56 | -150 | -141 |
| Cash from Financing Activity | -12 | 37 | 8 | 142 | -3 | 268 | 5 | 267 |
| Net Cash Flow | 3 | 32 | 13 | -33 | 50 | 46 | -21 | 42 |
| Free Cash Flow | 14 | 2 | 57 | -100 | 26 | -195 | 103 | -120 |
| CFO/OP | 197 | 80 | 105 | 12 | 118 | -83 | 163 | -33 |

### Ratios

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 38 | 18 | 34 | 34 | 34 | 37 | 11 | 1 |
| Inventory Days | 15 | 30 | 34 | 21 | 19 | 22 | 56 | 80 |
| Days Payable | 40 | 7 | 18 | 12 | 13 | 12 | 8 | 8 |
| Cash Conversion Cycle | 13 | 41 | 49 | 43 | 40 | 46 | 58 | 74 |
| Working Capital Days | 5 | 5 | 7 | 10 | 6 | 14 | 11 | 7 |
| ROCE % | — | 26 | 26 | 29 | 24 | 14 | 12 | 16 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 83.61% | 83.61% | 83.61% | 83.61% | 83.61% | 83.61% | 83.61% | 81.63% | 81.63% | 81.63% | 81.63% | 75% |
| FIIs | 0% | 7.4% | 5.89% | 5.29% | 5.77% | 5.34% | 5.23% | 6.73% | 5.85% | 4.92% | 4.87% | 4.83% |
| DIIs | 0% | 0% | 0.02% | 0.03% | 0% | 0% | 0.02% | 0.11% | 0.63% | 1.34% | 1.41% | 3.46% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 4.77% | 5.09% | 5.96% | 6.79% | 6.93% | 7.66% | 7.4% | 7.75% | 7.71% | 8.13% | 8.13% | 9.47% |
| Others | 11.62% | 3.9% | 4.51% | 4.28% | 3.69% | 3.38% | 3.74% | 3.79% | 4.19% | 3.98% | 3.96% | 7.24% |
| No. of Shareholders | 20604 | 26295 | 54339 | 58980 | 60576 | 65748 | 65002 | 65498 | 64975 | 64471 | 62967 | 63045 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 6 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 20.53 | Sell |
| EMA (10) | 20.47 | Sell |
| SMA (20) | 21.07 | Sell |
| EMA (20) | 20.85 | Sell |
| SMA (50) | 21.43 | Sell |
| EMA (50) | 21.47 | Sell |
| SMA (100) | 22.42 | Sell |
| EMA (100) | 22.44 | Sell |
| SMA (200) | 24.61 | Sell |
| EMA (200) | 24.4 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 34.63 | Neutral |
| MACD (12,26,9) | -0.44 | Sell |
| Stochastic (14,3,3) | 21.65 | Neutral |
| ADX (14) | 22.42 | Neutral |
| Williams %R (14) | -70.39 | Neutral |
| ATR (14) | 0.93 | High Volatility |
| ROC (12) | -4.25 | Sell |
| Stoch RSI (14) | 16.56 | Buy |
| UO (7,14,28) | 37.55 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Execution Of Share Sale Agreement](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8baa0ae4-1988-49e3-a8d0-3faf4c51bea2.pdf) |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Diversification / Disinvestment](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0eb175e6-a987-4d4f-b022-77cf9aaad497.pdf) |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=50bc3cd0-03b7-430d-8774-829506d1da43.pdf) |
| 2026-09-08 | [Board Meeting Outcome for Outcome Of Board Meeting Held On September 08 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f375fcd6-5b4e-4ffe-b21f-f111a3750e97.pdf) |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Restructuring](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=28001925-186b-4c4e-826a-135806fd5407.pdf) |
| 2026-09-03 | [Board Meeting Intimation for Intimation Of Board Meeting To Be Held On Tuesday September 8 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=28897235-618e-4d96-8d38-d0a3f464b916.pdf) |
| 2026-08-29 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=71af8d51-0324-4318-8e92-789118e6cd4c.pdf) |
| 2026-08-27 | [Revised Notice Of Annual General Meeting To Be Held On Friday September 18 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=71d6c187-9073-4ccd-b8b0-f014a51879c4.pdf) |
| 2026-08-27 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aa0f0c84-e032-428f-8877-24913a41dbd3.pdf) |
| 2026-08-27 | [Intimation Of Web Link Of Annual Report And Notice Of 18Th Annual General Meeting For FY 2025-2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8602c6fc-a137-4a48-8175-686d72754905.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-08-17 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=90f2c670-f00f-4a21-b9fa-89c80bcbbcb1.pdf) |
| 2026-06-02 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=871ff800-75e5-40b3-b8a9-9cd09ebe7a4a.pdf) |
| 2026-02-14 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7de9842a-7442-46a3-bd27-58f9a51481d4.pdf) |
| 2025-08-14 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8b92f475-2fa8-4581-98f3-37b028806e87.pdf) |
| 2025-06-05 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a81b82fb-1d71-4b50-893a-6837d4cdfba1.pdf) |
| 2025-02-17 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0cbdde53-329f-4cd8-831b-154b1180138e.pdf) |
| 2024-11-22 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=43bb8e32-a250-411b-bb9f-40549dc9fa25.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f9b15f75-2550-4935-8c7b-c4499a7893b6.pdf) |
| 2026-05-30 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a4439130-90cb-41c4-b2e8-2ea8f4146bed.pdf) |
| 2026-02-13 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=be53bac7-6cb1-497b-9893-67b384930832.pdf) |
| 2025-11-17 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2a53cb40-31e8-47ed-bffc-ed27b60a633f.pdf) |
| 2025-08-13 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5682ed37-e6e0-4b6a-a795-242fa9bb0909.pdf) |
| 2024-11-16 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=da29b6c2-c752-4d5f-8821-573c38e4f3cf.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e2ebb07a-7724-4f82-9fa1-827ea6e90a00.pdf) |
| 2026-05-26 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0a831fca-df38-4d57-b674-cdbd0ede8218.pdf) |
| 2026-02-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5ef74bb1-2ee5-46ed-a872-36d19a75aa93.pdf) |
| 2025-11-15 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6886de12-c1d0-4e7a-8794-bc8c09018585.pdf) |
| 2025-08-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f698cf17-882d-48bf-a6cf-ae1c07a63c7b.pdf) |
| 2025-05-30 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5ebfa887-8c9b-4fcd-8bb7-ce6b8106af03.pdf) |
| 2025-02-07 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=47790b03-100a-41e7-8dd2-b40f3345b989.pdf) |
| 2024-11-11 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=31462db8-7ecb-4a48-89f3-64adb61ab881.pdf) |
| 2024-08-14 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=46eddb21-2acc-468f-b045-29bc42cb2dac.pdf) |
| 2024-05-30 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=92b95dcb-4fa2-4ee9-ae32-10ac4127921c.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Un-Audited Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c61e89f9-8e4d-42f9-9d70-15a58e884804.pdf) |
| 2026-05-25 | [Financial Results For The Quarter And Half Year Ended 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a42d1369-b363-4543-be5e-8358f68cc526.pdf) |
| 2026-02-12 | [Financial Results For The Quarter And Nine Months Ended December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=df5fe992-3587-40c6-9cfb-40fd947338bf.pdf) |
| 2025-11-14 | [Un-Audited Financial Results For The Quarter And Half Year Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=de13eca0-7613-43f6-995b-6b046c9a4e22.pdf) |
| 2025-08-12 | [Un-Audited Financial Results For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=791c576e-63d8-4cfc-b210-dafdb4e0c8a8.pdf) |
| 2025-05-29 | [Financial Results For Quarter And Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=30805621-e27a-4074-8433-66f8d96fa7e8.pdf) |
| 2025-02-07 | [Un-Audited Financial Results For The Quarter And Nine Months Ended 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f78208ea-5236-4355-b74b-da362fa15412.pdf) |
| 2024-11-11 | [Unaudited Financial Results For The Quarter And Half Year Ended On 30Th September 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=088da67b-fd8f-4c61-90c6-587c98446615.pdf) |
| 2024-08-14 | [Un-Audited Financial Results For The Quarter Ended On 30Th June, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fa9fbb5b-8f70-4a03-b379-b2f7dce4ba91.pdf) |
| 2024-05-30 | [Financial Results For The Quarter And Year Ended March 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a8375031-1657-4eac-b00b-6f2ad5cabd90.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c9028394-d3b3-4f6a-9be6-f4919af8d0c3.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/43bb8e32-a250-411b-bb9f-40549dc9fa25.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/45e6b1fd-27d3-496c-bba6-264150e27158.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0a831fca-df38-4d57-b674-cdbd0ede8218.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/0a831fca-df38-4d57-b674-cdbd0ede8218.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/92b95dcb-4fa2-4ee9-ae32-10ac4127921c.pdf) |
| Jun 2026 | [Concall - Jun 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/871ff800-75e5-40b3-b8a9-9cd09ebe7a4a.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a81b82fb-1d71-4b50-893a-6837d4cdfba1.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0cbdde53-329f-4cd8-831b-154b1180138e.pdf) |
| Feb 2024 | [Concall - Feb 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ac4bf78b-e469-43d0-802a-fba4197ba163.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 May - Sir/Ma''am, We hareby submit the Annual Secretarial Compliance Report for the Year ended March 31, 2026 | [Compliances-Reg.24(A)-Annual Secretarial Compliance 7 May - Sir/Ma''am, We hareby submit the Annual Secretarial Compliance Report for the Year ended March 31, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/477b9db5-361d-4941-b106-335c77316c6c.pdf) |
| 6 May - HMA Agro cancels May 2, 2026 SPA to divest Laal Agro Food stake. | [Update Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Cancellation Of Proposed Divestment Of Stake In Subsidiary 6 May - HMA Agro cancels May 2, 2026 SPA to divest Laal Agro Food stake.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/f8ecb5be-3660-478b-8d3f-27f248009f01.pdf) |
| 4 Apr - Promoters held 40.87 crore shares and reported no encumbrance for FY2026. | [Declaration Under Regulation 31(4) Of SEBI SAST 2011 For F.Y Ended March 31, 2026 4 Apr - Promoters held 40.87 crore shares and reported no encumbrance for FY2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f0801ec8-e574-468b-b9b8-f7c2992da5e4.pdf) |
| 30 Apr - HMA Agro confirms it is not a Large Corporate for FY2025-26; no initial or annual disclosure required. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - HMA Agro confirms it is not a Large Corporate for FY2025-26; no initial or annual disclosure required.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/566f9458-189c-44de-a769-681e39d4d97e.pdf) |
| 30 Apr - HMA Agro confirms it is not a Large Corporate for FY2025-26; no initial or annual disclosure required. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - HMA Agro confirms it is not a Large Corporate for FY2025-26; no initial or annual disclosure required.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/566f9458-189c-44de-a769-681e39d4d97e.pdf) |
| 28 Apr - In Compliance with Regulation 47 of SEBI ( LODR) Regulations, 2015 we hereby submitting the newspaper advertisements for completion of dispatch of Notice of Postal … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 28 Apr - In Compliance with Regulation 47 of SEBI ( LODR) Regulations, 2015 we hereby submitting the newspaper advertisements for completion of dispatch of Notice of Postal …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c81a124a-ccb2-4404-97f3-29575f5d9f02.pdf) |
| 28 Apr - In Compliance with Regulation 47 of SEBI ( LODR) Regulations, 2015 we hereby submitting the newspaper advertisements for completion of dispatch of Notice of Postal … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 28 Apr - In Compliance with Regulation 47 of SEBI ( LODR) Regulations, 2015 we hereby submitting the newspaper advertisements for completion of dispatch of Notice of Postal …](https://www.bseindia.com/xml-data/corpfiling/AttachLive/c81a124a-ccb2-4404-97f3-29575f5d9f02.pdf) |
| 28 Apr - Board approved divestment of FNS Agro Foods and Laal Agro Food to promoter-related buyers by 30 May 2025. | [Announcement under Regulation 30 (LODR)-Diversification / Disinvestment 28 Apr - Board approved divestment of FNS Agro Foods and Laal Agro Food to promoter-related buyers by 30 May 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b9d92e7d-0cb4-4ee6-b2c9-332de1308e6d.pdf) |
| 28 Apr - Board approved divestment of FNS Agro Foods and Laal Agro Food to promoter-related buyers by 30 May 2025. | [Announcement under Regulation 30 (LODR)-Diversification / Disinvestment 28 Apr - Board approved divestment of FNS Agro Foods and Laal Agro Food to promoter-related buyers by 30 May 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b9d92e7d-0cb4-4ee6-b2c9-332de1308e6d.pdf) |
| 2 May - HMA Agro signed SPA on May 2, 2026 to sell 10,000 Laal Agro Food shares for ₹1 lakh. | [Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements 2 May - HMA Agro signed SPA on May 2, 2026 to sell 10,000 Laal Agro Food shares for ₹1 lakh.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0c3fbbd6-1024-46ec-bd45-c7b4e9b83c2b.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/150d0b32-1be2-48b9-949f-2da412dccc60.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3fb3bcee-44c1-48c2-8681-9420fd88c224.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/74fe087a-adea-409d-ab3d-42012671ba90.pdf) |

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