HMA Agro Industries

HMA Agro Industries Limited reported standalone revenue of INR 10,884 million for the quarter ended June 30, 2025, representing a 57% year-over-year increase from INR 6,933 million in the same quarter last year. The company's EBITDA grew to INR 179 million from INR 104.8 million, while PAT increased to INR 70.7 million from INR 24.5 million. At the consolidated level, revenue reached INR 11,226 million compared to INR 7,126 million in the previous year, though consolidated PAT declined to INR 5.9 million from INR 7.2 million. The growth was driven by robust export demand from Southeast Asian markets, Middle East, and West Africa, with exports comprising approximately 95% of total revenue. Buffalo-related products account for 85-90% of revenue. The company secured approval to supply products to Cuba, marking its first entry into Latin America. However, margins were impacted by higher raw material costs, particularly live buffalo prices, and increased freight charges due to geopolitical restrictions affecting shipping routes. The company operates at 45-65% capacity utilization for its main business and has planned capital expenditure of INR 7-8 crores for technology upgrades and minor capacity expansion.

HMA Agro Industries Limited has made available the audio recording of its conference call with analysts and investors discussing unaudited financial results for the quarter ended June 30, 2025. The conference call was conducted on August 13, 2025, and the audio recording is accessible on the company's website. The company communicated this information to both the Bombay Stock Exchange and National Stock Exchange of India as part of its disclosure requirements.