Approved as per the Outcome Attached

Profit growth above 25%Revenue growth above 20%Negative operating cash flowDebt to equity above the thresholdResults View source PDF Explain this filing

HMAAGRO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-5.2%Reaction day

₹24.80

prior close

₹23.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-6.0% vs market

Meat Products including Poultry peers, median of 5sector+1.4%-6.6% vs sector

On the reaction day the stock moved 6.0 pts less than Nifty Microcap 250 and 6.6 pts less than its Meat Products including Poultry peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.8

10m

+2.7

15m

+2.9

30m

+2.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.2+0.7-6.0+1.4-6.6

Next day

-4.2+0.7-4.9-0.6-3.6

-5.8+0.0-5.9+4.4-10.3

-7.1-1.1-6.0-5.5-1.6

-3.2+0.0-3.2-4.3+1.1

-5.0+0.3-5.3-3.9-1.1

-4.3+1.1-5.4-7.5+3.2

15d

-7.6+4.9-12.5-6.4-1.2

-11.3+5.3-16.6-5.9-5.4

-12.9+6.9-19.8-0.7-12.2

-15.6+11.9-27.5+5.5-21.2

UpDownMarket · Nifty Microcap 250Sector · Meat Products including Poultry peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

HMA Agro Industries reported audited consolidated results for FY2025-26 ending March 31, 2026. Revenue from operations grew 34.7% to Rs 69,165 million from Rs 51,330 million. Net profit surged 88.4% to Rs 1,652 million from Rs 877 million, translating to EPS of Rs 3.29 vs Rs 1.75 prior year. Profit before tax rose 73.4% to Rs 2,177 million. The auditors issued an unmodified (clean) opinion on both standalone and consolidated results. The company also appointed M/s S.N. Gupta & Co. as internal auditor for FY2026-27. However, operating cash flow turned negative at Rs 845 million (down from positive Rs 1,244 million), primarily driven by a sharp Rs 6,610 million build-up in inventories and Rs 1,277 million reduction in trade receivables.

Likely market impact

Strong double-digit profit growth is positive for shareholders, but the significant negative operating cash flow despite higher profits raises concerns about working capital management and cash conversion. The rising debt-to-equity ratio of 0.90 warrants monitoring.