- Total income
- ₹5,644 Cr
- Profit
- ₹87 Cr
About HMA Group
HMA Group is a publicly listed company based in Agra (India) founded in 2008. Company retails multiple varieties of food. The company has 338 employees. Its Indian entity Hma Agro Industries Limited reported revenue of ₹7,041 Cr. HMA Group offers products and services including Frozen Fish and Rice. Its focus areas include Food and Agriculture, Food Distributors, Farm Produce and Meat & Seafood.
Company details
HMA Group was established in 2008 in Agra, India. Operations center on the food retail sector, where various food items and agro products are handled. Frozen fresh degladed buffalo meat, prepared or frozen natural products, vegetables, and cereals are included among the traded goods. The company maintains a focus on retailing these items within the domestic market.
HMA Group is ranked #420 on the Fortune India 500 (2025).
Recognitions & Rankings of HMA Group
- Headquarters Agra, India
- Employees 338
- Stage Public
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website hmagroup.co
- Social LinkedIn X Facebook Instagram
- Legal Name Hma Agro Industries Limited
- Market Cap₹1,367 Cr
HMAAGRO · NSE
- Share Price₹27.08
-0.81% today
- Revenue₹6,916 Cr
FY 2025-26 · +34.8% YoY
- EBITDA₹159 Cr
Margin 2.3%
- Net Profit₹165 Cr
FY 2025-26 · +90.6% YoY
- P/E (TTM)6.2x
P/B 1.3x
- ROE19.1%
ROCE 16.4%
- Debt / Equity0.80
Interest cover 29.0x
- Employee Count338
Associated legal entities of HMA Group
HMA Group operates through Hma Agro Industries Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hma Agro Industries Limited Listed CIN L74110UP2008PLC034977 | Active | 09 Apr 2008 | Agra, Uttar Pradesh | ₹7,041 Cr | 104 | 8 | View details |
Products & Services of HMA Group
HMA Group offers a comprehensive portfolio of products and services, including Frozen Fish and Rice.
Frozen fish products are processed and exported for international markets.
Rice is sourced and distributed under branded packaging for domestic and overseas use.
Board of directors of Hma Agro Industries Limited (HMA Group)
Hma Agro Industries Limited is the primary company behind HMA Group. The board of Hma Agro Industries Limited currently have 6 directors; the longest-serving is Gulzar Ahmad, appointed in 2008. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gulzar Ahmad DIN 01312305 | Managing Director | 09 Apr 2008 | 18 yrs 6 mo | Hma Agro Industries Limited |
| Gaurav Rajendra Luthra DIN 08023492 | Director | 03 Jun 2021 | 5 yrs 5 mo | Hma Agro Industries Limited |
| Abhishek Sharma DIN 06387076 | Director | 24 Oct 2023 | 3 yrs | Hma Agro Industries Limited |
| Bhawna Jain DIN 10344683 | Director | 29 May 2025 | 1 yr 5 mo | Hma Agro Industries Limited |
| Viswambharan Parameswaran DIN 09822921 | Whole-time director | 25 Apr 2026 | 6 mo | Hma Agro Industries Limited |
| Bhabani Sankar Acharya DIN 11679213 | Whole-time director | 25 Apr 2026 | 6 mo | Hma Agro Industries Limited |
People of HMA Group
1 people are tracked at HMA Group (1 in leadership); the tracked headcount is 338.
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership |
Complete people profiles for HMA Group
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of HMA Group
HMA Group is a publicly listed company on the NSE with ticker symbol HMAAGRO in India, operating in the Distribution services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date04 Jul 2023
- Listed onNSE: HMAAGRO · BSE: 543929
- Listed entityHMA Agro Industries Limited
- Exchange sectorDistribution services
- ISININE0ECP01024
- Share price₹25.92 (+7.91% on the day) · 2026-10-14
- Market capitalisation₹1,201 Cr
- Price to earnings6.0
- EPS (diluted, trailing year)₹4.29
- Dividend yield1.25%
- Volume (last session)10,735,985
Financials of HMA Group
Exchange-reported figures of Hma Agro Industries Limited, the listed company behind HMA Group (NSE: HMAAGRO).
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 6,916 | 5,133 | 4,813 | 3,209 | 3,083 | 1,708 | 2,375 |
| Revenue growth | +34.8% | +6.6% | +50.0% | +4.1% | +80.6% | -28.1% | - |
| EBITDA | 159 | 106 | 137 | 158 | 124 | 99.50 | 46.98 |
| EBITDA margin | +2.3% | +2.1% | +2.8% | +4.9% | +4.0% | +5.8% | +2.0% |
| Profit before tax | 218 | 126 | 133 | 174 | 159 | 97.66 | 62.19 |
| Net profit | 165 | 86.44 | 96.85 | 120 | 115 | 72.23 | 45.88 |
| Net profit margin | +2.4% | +1.7% | +2.0% | +3.8% | +3.7% | +4.2% | +1.9% |
| EPS (₹) | 3.29 | 1.73 | 2.01 | 25.34 | 24.15 | 193.80 | 123.17 |
| Balance sheet | |||||||
| Total assets | 1,816 | 1,349 | 1,233 | 842 | 723 | 443 | 358 |
| Net worth | 941 | 789 | 717 | 474 | 374 | 260 | 187 |
| Total debt | 850 | 535 | 492 | 343 | 330 | 181 | 169 |
| Cash & bank | 246 | 94.29 | 115 | 73.87 | 44.02 | 51.69 | 38.51 |
| Net working capital | 1,225 | 760 | 765 | 426 | 406 | 261 | 238 |
| Cash flow | |||||||
| Cash from operations | (84.55) | 124 | (166) | 136 | (31.96) | 74.92 | 24.22 |
| Cash from investing | (141) | (150) | (56.33) | (83.14) | (144) | (70.13) | (29.54) |
| Cash from financing | 267 | 4.68 | 268 | (2.56) | 142 | 8.38 | 37.15 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,779 | 2,110 | 1,579 | 2,059 | 2,155 | 1,123 | 1,500 | 1,455 |
| Revenue growth (YoY) | +29.0% | +88.0% | +5.3% | +41.5% | +47.0% | +57.5% | - | - |
| Other income | 34.55 | 71.77 | 36.82 | 40.68 | 36.11 | 11.32 | 33.34 | 26.31 |
| EBITDA | 119 | 9.28 | (6.18) | 64.45 | 95.47 | 5.30 | 4.68 | 31.67 |
| EBITDA margin | +4.3% | +0.4% | -0.4% | +3.1% | +4.4% | +0.5% | +0.3% | +2.2% |
| Depreciation | 7.00 | 6.79 | 8.01 | 8.01 | 8.13 | 7.48 | 8.83 | 8.89 |
| Interest | 14.06 | 11.75 | 11.17 | 9.28 | 6.42 | 7.72 | 8.35 | 7.82 |
| Profit before tax | 132 | 62.51 | 11.46 | 87.84 | 117 | 1.42 | 20.84 | 41.27 |
| Tax | 27.91 | 12.00 | 3.24 | 21.27 | 27.22 | 0.82 | 8.48 | 20.08 |
| Net profit | 105 | 50.51 | 8.22 | 66.57 | 89.81 | 0.60 | 12.36 | 21.19 |
| EPS (₹) | 2.08 | 1.01 | 0.16 | 1.32 | 1.79 | 0.02 | 0.26 | 0.41 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 6,769 | 4,862 | 4,665 | 3,126 | 2,922 | 1,707 | 2,375 |
| Revenue growth | +39.2% | +4.2% | +49.3% | +7.0% | +71.1% | -28.1% | - |
| EBITDA | 87.48 | 41.42 | 126 | 154 | 109 | 96.49 | 60.40 |
| EBITDA margin | +1.3% | +0.9% | +2.7% | +4.9% | +3.7% | +5.7% | +2.5% |
| Profit before tax | 172 | 90.81 | 147 | 184 | 149 | 98.42 | 60.20 |
| Net profit | 127 | 59.82 | 111 | 137 | 110 | 72.42 | 44.50 |
| Net profit margin | +1.9% | +1.2% | +2.4% | +4.4% | +3.8% | +4.2% | +1.9% |
| EPS (₹) | 2.54 | 1.20 | 2.21 | 28.90 | 23.24 | 194.40 | 120.27 |
| Balance sheet | |||||||
| Total assets | 1,731 | 1,289 | 1,124 | 773 | 634 | 427 | 359 |
| Net worth | 895 | 782 | 737 | 484 | 368 | 257 | 185 |
| Total debt | 834 | 504 | 385 | 286 | 265 | 169 | 174 |
| Cash & bank | 233 | 86.49 | 108 | 66.96 | 39.02 | 50.87 | 38.00 |
| Net working capital | 1,245 | 814 | 782 | 471 | 448 | 314 | 249 |
| Cash flow | |||||||
| Cash from operations | (140) | 19.16 | (142) | 134 | (48.18) | 41.95 | 44.00 |
| Cash from investing | (105) | (124) | (36.46) | (86.63) | (76.39) | (32.84) | (29.40) |
| Cash from financing | 282 | 83.50 | 221 | 0.89 | 90.21 | 3.71 | 17.40 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,733 | 2,072 | 1,538 | 1,993 | 2,149 | 1,088 | 1,437 | 1,365 |
| Revenue growth (YoY) | +27.2% | +90.4% | +7.1% | +46.0% | +57.3% | +56.9% | - | - |
| Other income | 38.73 | 71.38 | 36.39 | 40.33 | 35.78 | 10.98 | 32.95 | 25.63 |
| Total expenses | 2,648 | 2,088 | 1,536 | 1,951 | 2,113 | 1,082 | 1,456 | 1,337 |
| EBITDA | 84.61 | (16.09) | 2.00 | 42.01 | 36.54 | 6.92 | (18.97) | 27.56 |
| EBITDA margin | +3.1% | -0.8% | +0.1% | +2.1% | +1.7% | +0.6% | -1.3% | +2.0% |
| Depreciation | 1.11 | 1.07 | 1.36 | 1.30 | 1.47 | 1.21 | 1.28 | 1.38 |
| Interest | 13.83 | 11.48 | 11.12 | 9.14 | 6.40 | 7.12 | 7.85 | 7.27 |
| Profit before tax | 108 | 42.74 | 25.91 | 71.90 | 64.45 | 9.57 | 4.85 | 44.54 |
| Tax | 27.33 | 10.83 | 6.70 | 19.42 | 16.22 | 2.40 | 6.33 | 10.47 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,779 | 2,110 | 1,579 | 2,059 | 2,155 | 1,123 | 1,500 | 1,455 |
| Revenue growth (YoY) | +29.0% | +88.0% | +5.3% | +41.5% | +47.0% | +57.5% | - | - |
| Other income | 34.55 | 71.77 | 36.82 | 40.68 | 36.11 | 11.32 | 33.34 | 26.31 |
| EBITDA | 119 | 9.28 | (6.18) | 64.45 | 95.47 | 5.30 | 4.68 | 31.67 |
| EBITDA margin | +4.3% | +0.4% | -0.4% | +3.1% | +4.4% | +0.5% | +0.3% | +2.2% |
| Depreciation | 7.00 | 6.79 | 8.01 | 8.01 | 8.13 | 7.48 | 8.83 | 8.89 |
| Interest | 14.06 | 11.75 | 11.17 | 9.28 | 6.42 | 7.72 | 8.35 | 7.82 |
| Profit before tax | 132 | 62.51 | 11.46 | 87.84 | 117 | 1.42 | 20.84 | 41.27 |
| Tax | 27.91 | 12.00 | 3.24 | 21.27 | 27.22 | 0.82 | 8.48 | 20.08 |
| Net profit | 105 | 50.51 | 8.22 | 66.57 | 89.81 | 0.60 | 12.36 | 21.19 |
| EPS (₹) | 2.08 | 1.01 | 0.16 | 1.32 | 1.79 | 0.02 | 0.26 | 0.41 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 6,916 | 5,133 | 4,813 | 3,209 | 3,083 | 1,708 | 2,375 |
| Revenue growth | +34.8% | +6.6% | +50.0% | +4.1% | +80.6% | -28.1% | - |
| Other income | 125 | 81.36 | 48.68 | 46.87 | 55.79 | 12.90 | 43.82 |
| Total expenses | 6,757 | 5,027 | 4,677 | 3,052 | 2,959 | 1,608 | 2,328 |
| Employee cost | 0.00 | 141 | 144 | 96.53 | 106 | 58.60 | 75.96 |
| EBITDA | 159 | 106 | 137 | 158 | 124 | 99.50 | 46.98 |
| EBITDA margin | +2.3% | +2.1% | +2.8% | +4.9% | +4.0% | +5.8% | +2.0% |
| Depreciation | 31.63 | 34.52 | 34.78 | 17.64 | 10.67 | 8.31 | 10.02 |
| Interest | 34.59 | 26.83 | 17.32 | 13.29 | 10.25 | 6.43 | 18.59 |
| Profit before tax | 218 | 126 | 133 | 174 | 159 | 97.66 | 62.19 |
| Tax | 52.56 | 37.91 | 32.57 | 50.08 | 42.13 | 25.43 | 16.32 |
| Net profit | 165 | 86.44 | 96.85 | 120 | 115 | 72.23 | 45.88 |
| Net profit margin | +2.4% | +1.7% | +2.0% | +3.8% | +3.7% | +4.2% | +1.9% |
| EPS (₹) | 3.29 | 1.73 | 2.01 | 25.34 | 24.15 | 193.80 | 123.17 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 50.08 | 50.08 | 50.08 | 47.51 | 47.51 | 3.73 | 3.73 |
| Reserves & surplus | 891 | 739 | 667 | 427 | 327 | 256 | 183 |
| Shareholders' funds (net worth) | 941 | 789 | 717 | 474 | 374 | 260 | 187 |
| Minority interest | 21.68 | 21.11 | 20.26 | 20.23 | 17.19 | 0.49 | 0.49 |
| Secured loans | 847 | 506 | 383 | 286 | 265 | 168 | 157 |
| Unsecured loans | 3.27 | 28.52 | 109 | 57.68 | 64.85 | 13.43 | 11.78 |
| Total debt | 850 | 535 | 492 | 343 | 330 | 181 | 169 |
| Total liabilities | 1,816 | 1,349 | 1,233 | 842 | 723 | 443 | 358 |
| Assets | |||||||
| Gross block | 408 | 394 | 382 | 316 | 178 | 120 | 115 |
| Net block | 261 | 273 | 295 | 261 | 141 | 92.54 | 95.29 |
| Capital work in progress | 61.39 | 46.64 | 35.53 | 57.84 | 91.64 | 13.64 | 1.61 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 1,331 | 670 | 240 | 129 | 137 | 127 | 157 |
| Sundry debtors | 23.73 | 151 | 482 | 298 | 290 | 157 | 117 |
| Cash & bank balances | 246 | 94.29 | 115 | 73.87 | 44.02 | 51.69 | 38.51 |
| Loans & advances | 222 | 206 | 134 | 81.75 | 67.70 | 54.64 | 40.98 |
| Total current assets | 1,822 | 1,121 | 972 | 583 | 538 | 390 | 354 |
| Total current liabilities | 597 | 361 | 206 | 157 | 133 | 129 | 115 |
| Net working capital | 1,225 | 760 | 765 | 426 | 406 | 261 | 238 |
| Total assets | 1,816 | 1,349 | 1,233 | 842 | 723 | 443 | 358 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 94.29 | 115 | 68.90 | 18.53 | 51.69 | 38.51 | 6.68 |
| Net cash from operating activities | (84.55) | 124 | (166) | 136 | (31.96) | 74.92 | 24.22 |
| Net cash from investing activities | (141) | (150) | (56.33) | (83.14) | (144) | (70.13) | (29.54) |
| Net cash from financing activities | 267 | 4.68 | 268 | (2.56) | 142 | 8.38 | 37.15 |
| Net change in cash | 41.51 | (20.91) | 46.29 | 50.38 | (33.16) | 13.17 | 31.83 |
| Closing cash | 246 | 94.29 | 115 | 73.87 | 44.02 | 51.69 | 38.51 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +34.8% | +6.6% | +50.0% | +4.1% | +80.6% | -28.1% | - |
| EBITDA growth | +50.6% | -22.7% | -13.3% | +27.4% | +24.4% | +111.8% | - |
| PBT growth | +73.4% | -5.7% | -23.3% | +9.4% | +62.4% | +57.0% | +27.2% |
| Net income growth | +90.6% | -10.8% | -19.5% | +4.9% | +58.9% | +57.4% | - |
| Revenue CAGR (3Y) | +29.2% | +18.5% | +41.3% | +10.6% | +4.0% | - | - |
| EBITDA CAGR (3Y) | +1.0% | -5.2% | +11.1% | +49.7% | +76.4% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +2.4% | +1.7% | +2.1% | +3.9% | +3.8% | +4.2% | +1.9% |
| Return on capital employed | +16.4% | +12.0% | +14.8% | +24.5% | +29.4% | +26.0% | +25.6% |
| Return on net worth | +19.1% | +11.6% | +16.9% | +29.1% | +36.7% | +32.3% | +27.9% |
| Debt / equity | 0.80 | 0.68 | 0.70 | 0.79 | 0.81 | 0.78 | 0.92 |
| Long-term debt / equity | 0.02 | 0.04 | 0.06 | 0.11 | 0.09 | 0.01 | 0.00 |
| Interest cover | 29.01 | 37.75 | 17.02 | 9.50 | 9.06 | 7.05 | 50.30 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 17.24 | 13.22 | 13.78 | 12.97 | 20.67 | 14.55 | 22.77 |
| Inventory turnover | 6.92 | 11.28 | 26.10 | 24.19 | 23.39 | 12.02 | 18.93 |
| Debtors turnover | 78.95 | 16.21 | 12.34 | 10.91 | 13.81 | 12.49 | 11.72 |
| EPS (₹) | 3.30 | 1.75 | 2.01 | 25.34 | 24.15 | 193.80 | 123.17 |
| Dividend per share (₹) | 0.00 | 0.30 | 0.30 | 3.00 | 2.00 | 0.00 | 0.00 |
| Book value per share (₹) | 18.79 | 15.75 | 14.32 | 99.82 | 78.81 | 696.73 | 501.87 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,733 | 2,072 | 1,538 | 1,993 | 2,149 | 1,088 | 1,437 | 1,365 |
| Revenue growth (YoY) | +27.2% | +90.4% | +7.1% | +46.0% | +57.3% | +56.9% | - | - |
| Other income | 38.73 | 71.38 | 36.39 | 40.33 | 35.78 | 10.98 | 32.95 | 25.63 |
| Total expenses | 2,648 | 2,088 | 1,536 | 1,951 | 2,113 | 1,082 | 1,456 | 1,337 |
| EBITDA | 84.61 | (16.09) | 2.00 | 42.01 | 36.54 | 6.92 | (18.97) | 27.56 |
| EBITDA margin | +3.1% | -0.8% | +0.1% | +2.1% | +1.7% | +0.6% | -1.3% | +2.0% |
| Depreciation | 1.11 | 1.07 | 1.36 | 1.30 | 1.47 | 1.21 | 1.28 | 1.38 |
| Interest | 13.83 | 11.48 | 11.12 | 9.14 | 6.40 | 7.12 | 7.85 | 7.27 |
| Profit before tax | 108 | 42.74 | 25.91 | 71.90 | 64.45 | 9.57 | 4.85 | 44.54 |
| Tax | 27.33 | 10.83 | 6.70 | 19.42 | 16.22 | 2.40 | 6.33 | 10.47 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 6,769 | 4,862 | 4,665 | 3,126 | 2,922 | 1,707 | 2,375 |
| Revenue growth | +39.2% | +4.2% | +49.3% | +7.0% | +71.1% | -28.1% | - |
| Other income | 123 | 78.98 | 41.14 | 46.08 | 55.39 | 12.64 | 43.50 |
| Total expenses | 6,681 | 4,821 | 4,540 | 2,971 | 2,813 | 1,611 | 2,314 |
| Employee cost | 0.00 | 34.31 | 38.67 | 21.88 | 73.00 | 58.43 | 75.70 |
| EBITDA | 87.48 | 41.42 | 126 | 154 | 109 | 96.49 | 60.40 |
| EBITDA margin | +1.3% | +0.9% | +2.7% | +4.9% | +3.7% | +5.7% | +2.5% |
| Depreciation | 5.33 | 5.14 | 6.10 | 4.38 | 4.35 | 4.28 | 23.50 |
| Interest | 33.77 | 24.45 | 14.06 | 12.27 | 10.17 | 6.43 | 20.20 |
| Profit before tax | 172 | 90.81 | 147 | 184 | 149 | 98.42 | 60.20 |
| Tax | 44.74 | 30.65 | 35.84 | 46.38 | 39.06 | 26.00 | 15.70 |
| Net profit | 127 | 59.82 | 111 | 137 | 110 | 72.42 | 44.50 |
| Net profit margin | +1.9% | +1.2% | +2.4% | +4.4% | +3.8% | +4.2% | +1.9% |
| EPS (₹) | 2.54 | 1.20 | 2.21 | 28.90 | 23.24 | 194.40 | 120.27 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 50.08 | 50.08 | 50.08 | 47.51 | 47.51 | 3.73 | 3.70 |
| Reserves & surplus | 845 | 732 | 687 | 437 | 320 | 253 | 181 |
| Shareholders' funds (net worth) | 895 | 782 | 737 | 484 | 368 | 257 | 185 |
| Secured loans | 834 | 503 | 383 | 286 | 265 | 163 | 157 |
| Unsecured loans | 0.00 | 1.19 | 2.12 | 0.00 | 0.00 | 6.09 | 16.70 |
| Total debt | 834 | 504 | 385 | 286 | 265 | 169 | 174 |
| Total liabilities | 1,731 | 1,289 | 1,124 | 773 | 634 | 427 | 359 |
| Assets | |||||||
| Gross block | 67.42 | 62.83 | 62.64 | 52.47 | 47.85 | 46.87 | 66.50 |
| Net block | 39.09 | 34.78 | 39.26 | 35.02 | 34.72 | 37.89 | 49.20 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.42 | 0.42 | 0.42 | 0.10 |
| Investments | 223 | 220 | 72.88 | 72.88 | 72.88 | 51.86 | 34.30 |
| Inventories | 1,280 | 622 | 163 | 113 | 132 | 127 | 156 |
| Sundry debtors | 17.93 | 145 | 474 | 299 | 288 | 169 | 127 |
| Cash & bank balances | 233 | 86.49 | 108 | 66.96 | 39.02 | 50.87 | 38.00 |
| Loans & advances | 297 | 286 | 216 | 122 | 98.82 | 95.11 | 58.20 |
| Total current assets | 1,827 | 1,139 | 961 | 601 | 558 | 442 | 379 |
| Total current liabilities | 582 | 325 | 179 | 130 | 110 | 128 | 130 |
| Net working capital | 1,245 | 814 | 782 | 471 | 448 | 314 | 249 |
| Total assets | 1,731 | 1,289 | 1,124 | 773 | 634 | 427 | 359 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 86.49 | 108 | 65.11 | 16.50 | 50.87 | 38.05 | 6.00 |
| Net cash from operating activities | (140) | 19.16 | (142) | 134 | (48.18) | 41.95 | 44.00 |
| Net cash from investing activities | (105) | (124) | (36.46) | (86.63) | (76.39) | (32.84) | (29.40) |
| Net cash from financing activities | 282 | 83.50 | 221 | 0.89 | 90.21 | 3.71 | 17.40 |
| Net change in cash | 36.69 | (21.48) | 42.86 | 48.62 | (34.37) | 12.82 | 32.00 |
| Closing cash | 233 | 86.49 | 108 | 66.96 | 39.02 | 50.87 | 38.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +39.2% | +4.2% | +49.3% | +7.0% | +71.1% | -28.1% | - |
| EBITDA growth | +111.2% | -67.0% | -18.6% | +42.1% | +12.5% | +59.8% | - |
| PBT growth | +89.2% | -38.0% | -20.2% | +22.9% | +51.8% | +63.5% | +25.2% |
| Net income growth | +112.5% | -46.0% | -19.4% | +24.4% | +52.4% | +62.7% | - |
| Revenue CAGR (3Y) | +29.4% | +18.5% | +39.8% | +9.6% | +2.1% | - | - |
| EBITDA CAGR (3Y) | -16.2% | -27.4% | +9.2% | +36.7% | +68.2% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +1.9% | +1.2% | +2.4% | +4.4% | +3.8% | +4.2% | +1.9% |
| Return on capital employed | +13.8% | +9.6% | +16.9% | +27.9% | +30.1% | +26.7% | +25.5% |
| Return on net worth | +15.2% | +7.9% | +18.1% | +32.2% | +35.3% | +32.8% | +27.3% |
| Debt / equity | 0.80 | 0.59 | 0.55 | 0.65 | 0.69 | 0.78 | 0.94 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 43.43 | 67.46 | 11.77 | 8.19 | 9.76 | 6.97 | 54.74 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 103.94 | 77.50 | 81.05 | 62.31 | 61.70 | 30.12 | 40.08 |
| Inventory turnover | 7.12 | 12.39 | 33.82 | 25.56 | 22.59 | 12.09 | 19.07 |
| Debtors turnover | 83.33 | 15.73 | 12.07 | 10.64 | 12.79 | 11.53 | 11.04 |
| EPS (₹) | 2.54 | 1.20 | 2.21 | 28.90 | 23.24 | 194.40 | 120.27 |
| Dividend per share (₹) | 0.00 | 0.30 | 0.30 | 3.00 | 2.00 | 0.00 | 0.00 |
| Book value per share (₹) | 17.88 | 15.62 | 14.72 | 101.96 | 77.39 | 690.23 | 500.27 |
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Frequently Asked Questions about HMA Group
HMA Group was founded in 2008.
HMA Group is headquartered in Agra, India. It is registered at Agra, Uttar Pradesh, India.
HMA Group has 338 employees.
The primary company behind HMA Group, Hma Agro Industries Limited, reported revenue of ₹7,041 Cr for FY 2026, up 35% year on year.
HMA Group was established in 2008 in Agra, India. Operations center on the food retail sector, where various food items and agro products are handled. Frozen fresh degladed buffalo meat, prepared or frozen natural products, vegetables, and cereals are included among the traded goods. The company maintains a focus on retailing these items within the domestic market.
HMA Group offers Frozen Fish and Rice.
Yes, HMA Group is publicly traded on NSE under the ticker symbol HMAAGRO.
HMA Group operates through Hma Agro Industries Limited.
The legal entities of HMA Group currently have 8 directors, including Gulzar Ahmad, Gulzeb Ahmed, Gaurav Rajendra Luthra and others.

