HMA Agro Industries Secures ₹71 Crore in Financial Facilities

2 min read     Updated on 01 Nov 2025, 06:22 PM
scanx
Reviewed by
Shriram SScanX News Team
Overview

HMA Agro Industries Limited's Board of Directors has approved two significant financial proposals. The company will avail Export Credit Limit and Working Capital Facilities worth ₹70 crores from Canara Bank to support its export operations. Additionally, a Commercial Card Programme with a ₹1 crore credit facility from HDFC Bank has been approved for day-to-day operations. These moves aim to enhance the company's export capabilities, operational flexibility, and working capital management.

23547126

*this image is generated using AI for illustrative purposes only.

HMA Agro Industries Limited , a prominent player in the agro-industry sector, has announced significant financial moves to bolster its operations and working capital. The company's Board of Directors convened on November 1, 2025, approving two key financial proposals that aim to enhance its export capabilities and operational flexibility.

Export Credit and Working Capital Boost

In a strategic move to support its export operations, HMA Agro Industries has received approval to avail Export Credit Limit and Working Capital Facilities from Canara Bank. The facilities, valued at approximately ₹70.00 crores, are expected to provide substantial financial backing to the company's international trade activities.

The approved facilities may include:

Facility Type Purpose
Export Packing Credit (EPC) Short-term finance for export-related activities
Foreign Bills Discounting (FBD) Discounting of export bills to improve cash flow
Credit Exposure Limit (CEL) Managing credit risk in international transactions
Other related facilities As mutually agreed with Canara Bank

This substantial credit line is poised to enhance HMA Agro Industries' ability to manage its working capital efficiently, potentially leading to improved export performance and operational flexibility.

Commercial Card Programme

In addition to the export-oriented facilities, the Board has also given the green light to a Commercial Card Programme from HDFC Bank. This programme will provide HMA Agro Industries with a credit facility of ₹1.00 crore, offering an additional layer of financial flexibility for the company's day-to-day operations.

Programme Details Value
Credit Facility Limit ₹1.00 crore
Provider HDFC Bank
Beneficiary HMA Agro Industries Limited

The Commercial Card Programme is expected to streamline certain aspects of the company's financial operations, potentially improving efficiency in managing expenses and payments.

These financial approvals come at a time when companies are increasingly looking to optimize their working capital and strengthen their export capabilities. For HMA Agro Industries, recognized as a Five Star Export House by the Government of India, these facilities align well with its status and could potentially support its growth trajectory in the international market.

As the agro-industry continues to play a crucial role in India's economy, such financial reinforcements may contribute to the sector's resilience and competitiveness in the global marketplace. Stakeholders will likely be watching closely to see how HMA Agro Industries leverages these new financial tools to drive its business forward in the coming months.

Historical Stock Returns for HMA Agro Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.07%-0.10%-2.83%-17.13%-32.09%-48.95%
HMA Agro Industries
View in Depthredirect
like15
dislike

HMA Agro Industries Approves Q1 FY2026 Financial Results and Policy Amendments

2 min read     Updated on 12 Aug 2025, 04:43 PM
scanx
Reviewed by
Naman SScanX News Team
Overview

HMA Agro Industries Limited's board approved the unaudited financial results for Q1 FY2026 ending June 30, 2025. The company amended its Prevention of Sexual Harassment policy and Insider Trading Code to align with current regulations. While specific Q1 FY2026 figures weren't provided, the previous report showed revenue growth of 57.08% but a 39.85% decline in net profit year-over-year.

16542835

*this image is generated using AI for illustrative purposes only.

HMA Agro Industries Limited has announced its consolidated financial results for the first quarter of fiscal year 2026, along with several important corporate decisions.

Financial Results and Board Approval

The company's board of directors approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025, during a meeting held on August 12, 2025. The statutory auditor has issued an unmodified opinion on these results, indicating compliance with regulatory requirements.

Revenue Growth and Profit Decline

While specific figures for the latest quarter were not provided, it's worth noting that in the previous report, HMA Agro Industries experienced significant revenue growth but a decline in net profit:

Metric Q1 (Previous Report) Q1 (Year Before) YoY Change
Revenue 1120.00 713.00 57.08%
Net Profit 8.00 13.30 -39.85%

Note: Financial figures are in ₹ crore

Policy Amendments and Corporate Governance

In addition to financial matters, the board meeting addressed several key governance areas:

  1. Prevention of Sexual Harassment Policy: The board approved amendments to the company's Prevention of Sexual Harassment policy based on recommendations from the Internal Complaints Committee. These changes aim to align the policy with current legal requirements and strengthen workplace safety measures.

  2. Insider Trading Code: HMA Agro Industries amended its Insider Trading Code to comply with SEBI regulations notified on March 12, 2025. This update demonstrates the company's commitment to maintaining strong internal controls and adhering to regulatory standards.

Subsidiary Operations

HMA Agro Industries operates through multiple subsidiaries, including:

  • Wholly owned subsidiaries:
    • FNS Agro Foods Limited
    • Swastik Bone And Gelatines Private Limited
    • Other unnamed subsidiaries
  • International Agro Foods Export (51% holding)

These subsidiaries contribute to the company's consolidated financial performance and operational reach in the agro-industry sector.

The recent policy amendments and financial result approvals demonstrate HMA Agro Industries' focus on maintaining strong corporate governance practices and adapting to regulatory changes.

Historical Stock Returns for HMA Agro Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.07%-0.10%-2.83%-17.13%-32.09%-48.95%
HMA Agro Industries
View in Depthredirect
like19
dislike
More News on HMA Agro Industries
Explore Other Articles
29.90
-0.02
(-0.07%)