HMA Agro Industries doubles annual profit to ₹1,652 million
The company reported a 35% revenue jump for FY26, while its standalone business swung to a Q4 profit of ₹192 million.
— 2 earlier stories on HMA Agro Industries Ltd. →What's new
- Consolidated net profit nearly doubled to ₹1,652 million for FY26.
- Annual revenue climbed 35% to ₹69,165 million.
- Standalone Q4 profit reached ₹192 million, recovering from a ₹15 million loss a year ago.
Why this matters
The shift from a loss to a profit in the standalone business during Q4 suggests that cost management and volume growth are finally taking hold. For a micro-cap, this level of earnings acceleration is a material change that will likely force analysts to revisit their models.
What we're watching
- Whether the Q4 standalone profitability sustains into the new fiscal year.
- Analyst revisions following the sharp earnings jump.
- Continued audit stability under the reappointed internal auditor.
The full read
HMA Agro Industries delivered a strong finish to FY26, with consolidated net profit nearly doubling to ₹1,652 million from ₹877 million a year earlier. This growth was supported by a 35% increase in annual revenue, which reached ₹69,165 million. The most telling sign of operational improvement is the standalone business, which swung to a profit of ₹192 million in the fourth quarter, reversing a ₹15 million loss from the same period last year. Management attributes this turnaround to higher sales volumes and tighter cost management. With a clean audit opinion and a clear shift in profitability, the company has set a new baseline for its performance. The next test is whether this momentum carries into the new fiscal year.
Questions answered
- How did HMA Agro's annual profit change year-over-year?
- Consolidated net profit nearly doubled to ₹1,652 million for the year ended March 31, 2026, compared to ₹877 million in the previous year.
- What was the revenue growth for the year?
- Revenue grew by 35% to reach ₹69,165 million for FY26.
- How did the standalone business perform in the final quarter?
- The standalone business swung to a profit of ₹192 million in Q4, a significant improvement from the ₹15 million loss recorded in the same quarter of the prior year.
- What is the status of the company's internal audit?
- The board reappointed M/s S.N. Gupta & Co. as the internal auditor for the financial year 2026-27.
Story so far
All notes on HMAAGRO →- 25 May 2026 · 4:48 PM IST HMA Agro Industries doubles annual profit to ₹1,652 million
- 1d ago HMA Agro sets a $1B revenue target, but its big new plant is barely started.
- 5d ago HMA Agro Industries doubles annual profit to ₹165 cr