Corporate Feature     

Published: January 31, 2024
Updated: January 31, 2024

HMA Agro Industries Ltd

Joining hands with Maharashtra Food Processing & Cold Storage

HMA Agro Industries Ltd. (BSE: 543929, NSE: HMAAGRO), a leader in handled foods and agro products, has entered into an agreement with Maharashtra Food Processing & Cold Storage, a Partnership Firm, for providing facilities of slaughtering, chilling, processing, freezing and packing of frozen halal boneless buffalo meat duly packed in food-grade polythene bags.

Earlier, the company executed a stock split in the ratio of 1:10, i.e. sub-division /split of each equity share having face value of Rs. 10/- each, fully paid-up into ten equity shares having face value of Rs. 1/- each fully paid-up. The record date for the said split was December 29, 2023.

For Q2FY24, the company reported revenue of Rs. 11,847 Mn, EBITDA of Rs. 566.44 Mn, PBT of Rs. 530.95 Mn, and PAT of Rs. 381.68 Mn. For H1FY24, the company reported revenue of Rs. 21,455 Mn, EBITDA of Rs. 1178.59 Mn, PBT of Rs. 1101.66 Mn, and PAT of Rs. 808.88 Mn.

HMA Agro Industries Ltd. operates as a food trade organization. The Company offers handled food and agro products including frozen fresh buffalo meat, prepared and frozen natural products, fruits, vegetables, and cereals. HMA Agro Industries serves customers worldwide. The company has a production capacity of 1472 MT per day. The company’s State-of-manufacturing facility is spread across 6 City in Agra, Unnao, Punjab, Aligarh, Mewat & Prabhani. It has a fully integrated infrastructure for manufacturing & retailing with complete automation. The company is strategically reducing sales to low margin countries and gradually shifting towards higher margin markets.

HMA GROUP is one of the largest 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 63 years altogether. Today HMA can be found in various nations and we have our sights on expanding substantially more, we are serving in around 60 nations worldwide and has transformed into the world’s driving food chain organisation. HMA GROUP has a total strength of around 25000 employees and works in excess of 10 workplaces and 5 working environments in India.

HMA has Accomplished beneficial advancement in its passages, all through the last 2 decades. HMA’s responsibilities to India’s charge effort has been seen by the public authority of India. APEDA (Ministry of Commerce). Offices are insisted for quality and thing security structures under FSSAI, OHSAS, HACCP, ISO 9001, ISO 14001, ISO 22000, FSSC 22000 v5.1, ISO 45001, GMP, GHP and ISO 37001. Since the time of its establishment, it has been laying crucial importance towards the idea of their things. As a leading exporter of animal-based food products, HMA Agro Industries Ltd. is committed to delivering shareholder wealth by achieving exponential growth. With a clear vision and an impactful growth strategy, it is determined to make a sustainable business over medium and long-term.