HMA Agro Industries Posts ₹898 Crore Q2 Profit, Approves ₹300 Crore Working Capital Enhancement

1 min read     Updated on 14 Nov 2025, 05:45 PM
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Reviewed by
Riya DeyScanX News Team
Overview

HMA Agro Industries Limited, a leader in buffalo frozen meat exports, reported robust Q2 FY24 results with a net profit of ₹897.99 crore and revenue of ₹24,553.39 crore. The company saw significant year-over-year growth with revenue increasing by 24.91% and net profit surging by 68.06%. The board approved an enhancement of Export Packing Credit limits up to ₹300 crore to support operations. Unaudited financial results for Q2 and H1 FY24 were approved with an unmodified opinion from auditors.

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

HMA Agro Industries Limited , a leading player in the buffalo frozen meat and meat products sector, has reported a robust financial performance for the quarter ended September 30, while also securing approval for a significant increase in its working capital limits.

Q2 Financial Highlights

The company posted a consolidated net profit of ₹897.99 crore for the second quarter. This performance was supported by strong revenue from operations, which stood at ₹24,553.39 crore for the same period.

Key Financial Metrics

Particulars (in ₹ Crore) Q2 Q2 Previous Year % Change
Revenue from Operations 24,553.39 19,656.63 +24.91%
Net Profit 897.99 534.32 +68.06%
Basic EPS (in ₹) 1.79 1.04 +72.12%

The company's performance shows significant year-over-year growth, with revenue from operations increasing by 24.91% and net profit surging by 68.06% compared to the same quarter in the previous fiscal year.

Working Capital Enhancement

In a strategic move to support its operations, the HMA Agro Industries' board has approved the enhancement of Export Packing Credit (EPC) limits up to ₹300 crore. This decision, taken during the board meeting held on November 14, is expected to bolster the company's working capital position and support its export-oriented business model.

Board Meeting Outcomes

The board meeting also saw the approval of unaudited financial results for the quarter and half-year ended September 30. Notably, the statutory auditors have expressed an unmodified opinion on these results, indicating their agreement with the company's financial statements without any qualifications.

Company Overview

HMA Agro Industries Limited, recognized as a Five Star Export House by the Government of India, operates in the manufacturing and exporting of buffalo frozen meat and meat products. The company's operations span across various geographies worldwide, with its manufacturing base in India.

Future Outlook

The approval for enhanced working capital limits suggests that HMA Agro Industries may be positioning itself for potential growth opportunities or expansion in its export operations. However, the company has not provided specific details on how it plans to utilize these additional funds.

As HMA Agro Industries continues to demonstrate strong financial performance and strategic initiatives, investors and market watchers may keep a close eye on how the company leverages its enhanced working capital to drive future growth and maintain its market position in the global meat export industry.

Historical Stock Returns for HMA Agro Industries

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HMA Agro Industries Secures ₹71 Crore in Financial Facilities

2 min read     Updated on 01 Nov 2025, 06:22 PM
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Reviewed by
Shriram ShekharScanX 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.

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*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
-0.33%-2.76%-0.46%-6.66%-27.98%-48.81%
HMA Agro Industries
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