Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of HMA Agro Inds.
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 838.74 | 971.24 | 1,200.19 | 1,251.72 | 1,390.14 | 712.61 | 1,465.86 | 1,454.98 | 1,499.56 | 1,122.61 | 2,155.34 | 2,059.45 | 1,579.10 |
| Expenses + | 801.16 | 907.60 | 1,176.98 | 1,202.54 | 1,393.31 | 704.71 | 1,407.96 | 1,423.31 | 1,494.88 | 1,117.31 | 2,059.88 | 1,995.00 | 1,585.28 |
| Operating Profit | 37.58 | 63.64 | 23.21 | 49.18 | -3.17 | 7.90 | 57.90 | 31.67 | 4.68 | 5.30 | 95.46 | 64.45 | -6.18 |
| OPM % | 4.48% | 6.55% | 1.93% | 3.93% | -0.23% | 1.11% | 3.95% | 2.18% | 0.31% | 0.47% | 4.43% | 3.13% | -0.39% |
| Other Income + | -0.47 | 9.42 | 4.58 | 26.78 | 7.90 | 9.54 | 12.17 | 26.31 | 33.34 | 11.32 | 36.11 | 40.68 | 36.82 |
| Interest | 3.99 | 4.35 | 2.85 | 3.53 | 2.87 | 3.33 | 3.87 | 7.82 | 8.35 | 7.72 | 6.42 | 9.28 | 11.17 |
| Depreciation | 10.75 | 9.68 | 8.83 | 10.19 | 6.07 | 8.39 | 8.41 | 8.89 | 8.83 | 7.48 | 8.13 | 8.01 | 8.01 |
| Profit before tax | 22.37 | 59.03 | 16.11 | 62.24 | -4.21 | 5.72 | 57.79 | 41.27 | 20.84 | 1.42 | 117.02 | 87.84 | 11.46 |
| Tax % | 54.22% | 24.94% | 65.05% | 21.10% | -136.58% | 87.24% | 7.53% | 48.66% | 40.69% | 57.75% | 23.26% | 24.21% | 28.27% |
| Net Profit + | 10.23 | 44.31 | 5.63 | 49.10 | 1.54 | 0.73 | 53.43 | 21.19 | 12.35 | 0.60 | 89.79 | 66.58 | 8.23 |
| EPS in Rs | 0.22 | 0.88 | 0.19 | 0.92 | 0.02 | 0.03 | 1.04 | 0.41 | 0.26 | 0.02 | 1.79 | 1.32 | 0.16 |
Financials of HMA Agro Inds.
Annual income statement trend
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales + | 2,742 | 2,373 | 1,708 | 3,083 | 3,209 | 4,813 | 5,133 | 6,916 |
| Expenses + | 2,720 | 2,326 | 1,608 | 2,959 | 3,052 | 4,677 | 5,027 | 6,757 |
| Operating Profit | 23 | 47 | 99 | 124 | 158 | 137 | 106 | 159 |
| OPM % | 1% | 2% | 6% | 4% | 5% | 3% | 2% | 2% |
| Other Income + | 42 | 44 | 13 | 56 | 47 | 49 | 81 | 125 |
| Interest | 6 | 19 | 6 | 10 | 13 | 17 | 27 | 35 |
| Depreciation | 10 | 10 | 8 | 11 | 18 | 35 | 35 | 32 |
| Profit before tax | 49 | 62 | 98 | 159 | 174 | 133 | 126 | 218 |
| Tax % | 36% | 26% | 26% | 27% | 29% | 24% | 30% | 24% |
| Net Profit + | 31 | 46 | 72 | 116 | 123 | 101 | 88 | 165 |
| EPS in Rs | 8.36 | 12.31 | 19.36 | 2.42 | 2.53 | 2.01 | 1.73 | 3.29 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 15% | 17% | 0% |
Financials of HMA Agro Inds.
Capital structure and asset base
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 48 | 48 | 50 | 50 | 50 |
| Reserves | 138 | 183 | 256 | 327 | 427 | 667 | 739 | 891 |
| Borrowings + | 132 | 169 | 181 | 330 | 343 | 492 | 535 | 850 |
| Other Liabilities + | 276 | 117 | 131 | 151 | 181 | 230 | 386 | 622 |
| Total Liabilities | 549 | 473 | 572 | 856 | 999 | 1,439 | 1,710 | 2,413 |
| Fixed Assets + | 84 | 95 | 93 | 141 | 261 | 295 | 273 | 261 |
| CWIP | 0 | 2 | 14 | 92 | 58 | 36 | 47 | 61 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 465 | 376 | 466 | 624 | 680 | 1,109 | 1,390 | 2,090 |
| Total Assets | 549 | 473 | 572 | 856 | 999 | 1,439 | 1,710 | 2,413 |
Financials of HMA Agro Inds.
Operating, investing and financing cash movement
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 23 | 24 | 75 | -32 | 136 | -166 | 124 | |
| Cash from Investing Activity + | -8 | -30 | -70 | -144 | -83 | -56 | -150 | |
| Cash from Financing Activity + | -12 | 37 | 8 | 142 | -3 | 268 | 5 | |
| Net Cash Flow | 3 | 32 | 13 | -33 | 50 | 46 | -21 | |
| Free Cash Flow | 14 | 2 | 57 | -100 | 26 | -195 | 103 | |
| CFO/OP | 197% | 80% | 105% | 12% | 118% | -83% | 163% |
Financials of HMA Agro Inds.
Working capital efficiency and return ratios
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 38 | 18 | 34 | 34 | 34 | 37 | 11 | 1 |
| Inventory Days | 15 | 30 | 34 | 21 | 19 | 22 | 56 | 80 |
| Days Payable | 40 | 7 | 18 | 12 | 13 | 12 | 8 | 8 |
| Cash Conversion Cycle | 13 | 41 | 49 | 43 | 40 | 46 | 58 | 74 |
| Working Capital Days | 5 | 5 | 7 | 10 | 6 | 14 | 11 | 7 |
| ROCE % | 26% | 26% | 29% | 24% | 14% | 12% | 16% |
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