HMA Agro Industries doubles annual profit to ₹165 cr
The meat exporter grew FY26 revenue by 35% to ₹6,916 cr, while its standalone business swung to a Q4 profit of ₹19 cr.
— 2 earlier stories on HMA Agro Industries Ltd. →What's new
- Consolidated net profit nearly doubled to ₹1,652 million for FY26.
- Annual revenue rose 35% to ₹69,165 million.
- Standalone Q4 profit reached ₹192 million, reversing a ₹15 million loss from the prior year.
Why this matters
The jump in standalone profitability during the final quarter shows the company is scaling its core operations. For a micro-cap, this level of earnings acceleration is a material shift that forces a re-evaluation of its growth trajectory.
What we're watching
- Whether the Q4 cost management holds in FY27.
- Analyst revisions following the earnings beat.
- Volume growth trends in export markets.
The full read
HMA Agro Industries delivered a sharp acceleration in earnings for FY26. Consolidated net profit nearly doubled to ₹1,652 million from ₹877 million a year earlier, supported by a 35% increase in revenue to ₹69,165 million. The most telling detail is the standalone performance in the fourth quarter, which swung from a ₹15 million loss to a ₹192 million profit. Management attributes this turnaround to higher sales volumes and tighter cost controls. While the reappointment of M/s S.N. Gupta & Co. as internal auditor is a routine administrative step, the underlying financial momentum is not. For a micro-cap, this scale of earnings growth is a material change. It moves the company from a recovery story to one of proven operational scale. The next test is whether the company can maintain these cost controls as it enters FY27.
Questions answered
- How did HMA Agro's annual performance compare to the previous year?
- The company reported a consolidated net profit of ₹1,652 million for FY26, nearly double the ₹877 million recorded in FY25. Revenue grew by 35% to reach ₹69,165 million.
- What drove the improvement in the standalone business?
- The standalone business swung to a profit of ₹192 million in Q4 from a loss of ₹15 million in the same period last year. This recovery came from higher sales volumes and tighter cost controls.
- Were there any changes to the company's audit team?
- No, the board reappointed M/s S.N. Gupta & Co. as the internal auditor for FY27. The audit opinion remains clean.
Story so far
All notes on HMAAGRO →- 25 May 2026 · 4:35 PM IST HMA Agro Industries doubles annual profit to ₹165 cr
- 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 ₹1,652 million