HMA Agro Industries Ltd - Stock Valuation and Financial Performance

BSE: 543929 | NSE: HMAAGRO | Consumer Food | Small Cap

HMA Agro Indus Share Price

44.56 0.02 0.04%
as on 04-Dec'24 16:59

DeciZen - make an informed investing decision on HMA Agro Indus

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

HMA Agro Industries stock performance -

mw4me loader
P/E Ratio (SA):
38.88
Market Cap:
2,231.4 Cr.
52-wk low:
39.2
52-wk high:
84

Is HMA Agro Industries Ltd an attractive stock to invest in?

1. Is HMA Agro Industries Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that HMA Agro Industries Ltd is a good quality company.

2. Is HMA Agro Industries Ltd undervalued or overvalued?

The key valuation ratios of HMA Agro Industries Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is HMA Agro Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of HMA Agro Industries Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of HMA Agro Indus:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
HMA Agro Industries Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 0%0%0%0%20.5%26.3%27.1%30.1%27.9%17%-
Value Creation
Index
NANANANA0.50.90.91.21.00.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 00002,7422,3731,7072,9223,1264,6654,594
Sales YoY Gr.-NANANANA-13.5%-28%71.1%7%49.3%-
Adj EPS 000000.41.41.62.621.2
YoY Gr.-NANANANANA308.6%14%57.7%-22.2%-
BVPS (₹) 000033.95.47.710.214.715
Adj Net
Profit
0000016.967.877.412210058
Cash Flow from Ops. 000028.64442-48.2134-142-
Debt/CF from Ops. 00004.43.74-5.52.1-2.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA11.2%39.8%49.3%
Adj EPS NANA11.8%-22.2%
BVPSNA37.6%39.6%44.3%
Share Price - - - -31.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
0000-010.330.624.828.616.47.8
Op. Profit
Mgn %
00000.82.65.83.75.22.71
Net Profit
Mgn %
000000.742.73.92.21.3
Debt to
Equity
00000.90.90.70.70.60.50
Working Cap
Days
00000668363777041
Cash Conv.
Cycle
00000294936403313

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 39.80%

Net Profit is growing at healthy rate in last 3 years 11.83%

Debt to equity has declined versus last 3 years average to 0.52

Sales growth is good in last 4 quarters at 24.90%

Return on Equity has declined versus last 3 years average to 7.70%

Latest Financials - HMA Agro Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 1.2 2
TTM Sales (₹ Cr.) 4,594 4,820
BVPS (₹.) 15 15.1
Reserves (₹ Cr.) 700 705
P/BV 2.98 2.95
PE 38.88 22.25
From the Market
52 Week Low / High (₹) 39.16 / 84.00
All Time Low / High (₹) 39.16 / 84.00
Market Cap (₹ Cr.) 2,231
Equity (₹ Cr.) 50.1
Face Value (₹) 1
Industry PE 66.6

Management X-Ray of HMA Agro Indus:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of HMA Agro Indus

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales2,7422,3731,7072,9223,1264,665
Operating Expenses 2,7192,3121,6112,8132,9714,540
Manufacturing Costs1411478088137219
Material Costs2,3061,9121,3672,3502,5314,011
Employee Cost 867658732239
Other Costs 186178106303281271
Operating Profit 236097109154126
Operating Profit Margin (%) 0.8%2.5%5.7%3.7%4.9%2.7%
Other Income 424413554641
Interest 6206101214
Depreciation 10244446
Exceptional Items 000000
Profit Before Tax 486098149184147
Tax 221626394636
Profit After Tax 264572110137111
PAT Margin (%) 1.0%1.9%4.2%3.8%4.4%2.4%
Adjusted EPS (₹)0.60.91.52.32.92.2
Dividend Payout Ratio (%)1%0%0%0%10%14%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 141185257368484737
Share Capital 444484850
Reserves 137181254320437687
Minority Interest000000
Debt124161169265286383
Long Term Debt000000
Short Term Debt124161169265286383
Trade Payables25542676567124
Others Liabilities 439861455857
Total Liabilities 5624865547438961,301

Fixed Assets

Gross Block526747485263
Accumulated Depreciation10179131723
Net Fixed Assets424938353539
CWIP 000000
Investments 193452737373
Inventories94156127132113163
Trade Receivables303127169288299474
Cash Equivalents 638513967108
Others Assets10082118176308444
Total Assets 5624865547438961,301

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 294442-48134-142
PBT 486098149184147
Adjustment 8-411-40154
Changes in Working Capital -51-37-115-20-245
Tax Paid -22-13-30-43-44-47
Cash Flow From Investing Activity -18-29-33-76-87-36
Capex -5-7-5-1-5-7
Net Investments -1-70-2321-34
Others -12-16-27-53-1034
Cash Flow From Financing Activity -6174901221
Net Proceeds from Shares 00000150
Net Proceeds from Borrowing 000000
Interest Paid -30-4-6-10-10
Dividend Paid 0000-10-15
Others -3178962096
Net Cash Flow 43213-344943
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)18.5427.3232.7635.3332.2318.12
ROCE (%)20.4826.327.1430.1427.9416.99
Asset Turnover Ratio4.884.533.284.513.824.25
PAT to CFO Conversion(x)1.120.980.58-0.440.98-1.28
Working Capital Days
Receivable Days403332293430
Inventory Days121930161411
Payable Days40281510109

HMA Agro Industries Ltd Stock News

HMA Agro Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of HMA Agro Indus on 04-Dec-2024 16:59 is ₹44.56.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Dec-2024 16:59 the market cap of HMA Agro Indus stood at ₹2,231.4.
The latest P/E ratio of HMA Agro Indus as of 04-Dec-2024 16:59 is 38.88.
The latest P/B ratio of HMA Agro Indus as of 04-Dec-2024 16:59 is 2.98.
The 52-week high of HMA Agro Indus is ₹84.00 and the 52-week low is ₹39.16.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of HMA Agro Indus is ₹4,594 ( Cr.) .

About HMA Agro Industries Ltd

The company was incorporated as ‘HMA Agro Industries Limited’ on April 09, 2008 under the Companies Act, 1956 with the Registrar of Companies, Uttar Pradesh and Uttranchal bearing registration number 034977. The company was granted its certificate for commencement of business on June 25, 2008 by the RoC. Further, object of the company was altered vide Special Resolution dated January 01, 2015 and August 29, 2016. The fresh certificate of incorporation was issued on January 19, 2015 and September 27, 2016, respectively by the Registrar of Companies, Kanpur.

HMA Group is one of the biggest food trade organisation for handled food and agro products including frozen fresh deglanded buffalo meat, prepared/frozen natural products, vegetables and cereals in India and has an experience of many years altogether. HMA Group has been in the meat industry since over four decades. The company is the flagship company of the group and is a three star export house recognized by Government of India. Its products are mainly packaged under the brand name ‘Black Gold’, ‘Kamil’ & ‘HMA’ and exported to many countries all over the globe. It deals in buffalo meat and allied products. Unlike beef or pork, buffalo meat is free from religious constraints and has the added advantage of low fat and cholesterol. The meat produced for export is in the form of deboned and deglanded frozen halal buffalo meat. 

It (including its subsidiaries) own four fully integrated packaged meat processing plants which are located at Aligarh, Mohali, Agra and Parbhani and are in the process of setting up its fifth fully integrated owned meat product processing unit at Haryana. The procurement of raw material is done by the company and then this raw material is sent to various processing units to process the raw material into final products and it exports these branded finished products through its distribution channels. Most of these processing units are owned by its subsidiaries and some are owned by third parties. The company pays the fixed charges to these processing units. 

Business area of the company 

The company is one of the biggest food trade organisation for handled food and agro products including frozen fresh deglanded buffalo meat, prepared/frozen natural products, vegetables and cereals in India.

Products of the company

  • Frozen buffalo meat
  • Frozen fish
  • Basmati rice

History and milestone

  • 2008: The company was incorporated as HMA Agro Industries Limited.
  • 2010: Commencement of Production at its Aligarh Plant.
  • 2012: Commencement of Export and Production from Agra Plant (contractual basis).
  • 2013: Crossed revenue of Rs 10,000 million.
  • 2016: Acquired 100% stake of FNS Agro Foods Limited.
  • 2017: Acquired 100% stake of HMA Food Export Private Limited.
  • 2018: Acquired 100% stake of United Farm Product Private Limited, under which Haryana Plant was proposed.
  • 2018: Commencement of Manesar Plant (secondary level meat processing unit).
  • 2018: Crossed revenue of Rs 20,000 million.
  • 2019: Closure of Aligarh Plant due to UPPCB Issue.
  • 2020: Incorporated its Subsidiary Laal Agro Food Private Limited (Owner of Jaipur Plant).
  • 2020: Incorporated its Subsidiary JFF Exports Private Limited.
  • 2021: Acquired 60% of Federal Agro Industries Private Limited.
  • 2021: Acquired 95% of M/s. Reliable Agro Foods.
  • 2021: JFF Exports Pvt Ltd enters into agreement to acquire the Unnao Plant and formalities for asset transfer get underway.
  • 2022: Introduced Frozen Fish and Basmati Rice in the product basket.
  • 2023: Commencement of Production in Haryana Plant.

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.