HA

HMA Agro Industries Ltd

Q2 FY26Food Products

HMA Agro Industries Q2 FY26 earnings call: Revenue & Margins

Q2 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹25
Market cap₹1.3K Cr
P/E5.9
Updated16 Oct 2026
Read4 min read

The short version

The company reported record Q2 and H1 FY26 revenues, with Q2 standalone revenue at INR 21,491.68 million, nearly double of Q1, indicating strong growth momentum. Q2 FY26 marked the highest revenue and profits in company history, demonstrating strong growth momentum.

From HMA Agro Industries Ltd's Q2 FY26 earnings-call transcript · updated 16 Oct 2026.

Revenue & Sales Performance

  • The company reported record Q2 and H1 FY26 revenues, with Q2 standalone revenue at INR 21,491.68 million, nearly double of Q1, indicating strong growth momentum.
  • Management expects demand in key markets to remain strong, as reflected by current marketing data.
  • Future growth depends heavily on global demand and supply dynamics, especially for food products.
  • Expansion into new markets like Europe awaits regulatory approvals, which could open significant growth opportunities next year.
  • The company plans to launch frozen vegetables and aims to expand retail packaged goods in India after market education.
  • Capacity for pet food exports may increase if demand rises, with modest CapEx planned.

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Profitability & Margins

See what HMA Agro Industries Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Chicken plant CapEx: Approximately INR 10 crore planned, mainly for the Jabalpur chicken plant expansion.
  • Funding for chicken CapEx: Expected to be primarily internal accruals, with some possible bank debt; however, this CapEx is not immediate and may be required in one or two quarters.
  • Buffalo business CapEx: Minimal, as the business is currently operating under capacity.
  • Pet food division CapEx: Not specified clearly; further details to be communicated separately due to procedural handling by another team.

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Top-ranked in Food Products

Ranked on what management guided this quarter

Guidance-ranked
1Milky Mist Dairy
Rev 1Mar 1
Rev 1Mar 1
3
Rev 2Mar 1
4
Rev 2Mar 3
5
Rev 2Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what HMA Agro Industries Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The transcript does not explicitly mention the current or expected order book or pending orders. However, the following related insights can be summarized: - Demand for products, particularly frozen buffalo meat, remains strong with good market traction. - The company is optimistic about sustaining demand based on data from the marketing team. - Expansion plans include launching frozen vegetables and entering retail packaged goods in India, indicating upcoming order growth potential. - The company is preparing to enter new markets like Europe once regulatory protocols are approved.

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HMA Agro Industries Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹1.6K Cr, net profit ₹8 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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Frequently Asked Questions

What were HMA Agro Industries Ltd Q2 FY26 results?

The company reported record Q2 and H1 FY26 revenues, with Q2 standalone revenue at INR 21,491.68 million, nearly double of Q1, indicating strong growth momentum. Q2 FY26 marked the highest revenue and profits in company history, demonstrating strong growth momentum.

What is HMA Agro Industries Ltd share price analysis?

HMA Agro Industries Ltd currently shows a neutral. The stock trades at a P/E of 5.9 with a market cap of ₹1,270 Cr. Investors should review the full earnings analysis for detailed insights.

Is HMA Agro Industries Ltd planning capital expenditure?

Chicken plant CapEx: Approximately INR 10 crore planned, mainly for the Jabalpur chicken plant expansion.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.