BUSINESS

HMA : Agro Industries Acquires Posts and Significant Banking Support Outstanding Financial Development

HMA: In addition to reporting outstanding overall financial performance for the most recent quarter and a half, HMA Agro Industries Limited today announced significant improvements to its banking facilities and a robust reconstitution of its Corporate Social Responsibility Committee. According to the sanction letter dated December 30, 2025, the State Bank of India has given the company permission to increase its Export Packing Credit (EPC) capacity by ₹100 crore, increasing the total sanctioned EPC ceiling from ₹430 crore to ₹530 crore. The Board has authorized selected business officials to execute any relevant agreements and to establish or change charges as needed to operationalize the facility, subject to regular terms and conditions.

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Furthermore, the Board authorized the extension and improvement of loan facilities from YES Bank Limited totaling ₹350 crore, which includes an additional ₹110 crore beyond the previously allowed cap of ₹240 crore. These facilities will function in accordance with the conditions outlined in the corresponding sanction letters, which include criteria for margin, security, and interest rates. The Board has given the Company’s appointed representatives permission to complete the necessary paperwork and take all necessary steps to put the improved facilities into place.

Additionally, the Board authorized the Company’s Corporate Social Responsibility Committee to be immediately reconstituted. Mr. Mohammad Mehmood Qureshi has been nominated to the committee in lieu of Ms. Bhawna Jain, the Independent Director, who has resigned. As a reflection of the company’s continued dedication to corporate responsibility and governance, the reformed CSR Committee will include Mr. Gulzar Ahmad as Chairman, Mr. Mohammad Mehmood Qureshi as Member, and Mr. Abhishek Sharma as Member and Independent Director.

HMA Agro Industries Limited also revealed outstanding consolidated financial results, showing significant development from quarter to quarter and from half a year to half a year. From Q1FY26 to Q2FY26, consolidated revenues jumped 92% to ₹2,155.34 crore, and for the half-year (H1FY25 to H1FY26), they increased 50% year over year to ₹3,277.95 crore. With EBITDA rising 692% in Q2FY26 to ₹131.57 crore and Profit After Tax (PAT) rising 14,940% quarter-over-quarter to ₹89.79 crore, this top-line increase translated into huge profitability improvements, highlighting a very successful operating period.

HMA Agro Industries is a prominent Indian food trading firm that was founded in 2008 and specializes in processing and exporting a wide variety of food and agricultural goods. Offering frozen fresh buffalo meat, prepared and frozen natural goods, vegetables, and cereals, the company is one of India’s biggest exporters of frozen buffalo meat, making up more than 10% of the country’s total exports in this category. More than 40 nations are recipients of its exports under the Black Gold, Kamil, and HMA brands. In order to accommodate future expansion, HMA is moving forward with plans to establish a fifth facility in Haryana in addition to operating four integrated meat-processing factories in Aligarh, Mohali, Agra, and Parbhani.

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