HMA Agro Q3 Results FY26: Shares of FMCG company HMA Agro Industries will be in focus today after the company declared its third quarter results (Q3 FY26).
The company said that its has posted a more than 200 per cent YoY rise in its consolidated net profit to Rs 66.5 crore for the quarter under review. The company had earned a net profit of Rs 21.2 crore in the same quarter a year ago. Its revenue from operations grew by 41.5 per cent on YoY basis to Rs 2,059.4 crore in Q3FY26 as against Rs 1,455 crore in the corresponding quarter of the previous fiscal. Sequentially, the profit fell 26 per cent versus Rs 89.8 crore in the September quarter (Q2FY26). The revenue dropped marginally by 4.4 per cent from Rs 2,155.3 crore. During the December quarter, the company enhanced its Export Packing Credit (EPC) facility with the State Bank of India by Rs 100 crore, increasing the total limit to Rs 530 crore. Furthermore, credit lines from YES Bank were substantially raised by Rs 110 crore, bringing the total facility to Rs 350 crore. Meanwhile, HMA Agro shares closed 2.5 per cent higher at Rs 30.27 on Wednesday. The counter has gained 10 per cent in just previous two sessions. From technical standpoint, HMA Agro shares are trading higher than 5-day, 20-day, 50-day and 100-day moving averages but lower than 200-day moving averages.
HMA Agro Shareholding Pattern
According to HMA Agro Industries' shareholding pattern at the end of third quarter, promoters own 81.63 per cent stake. FIIs own 4.92 per cent stake in the company while the remaining stake is held by DIIs and non-institutional investors.
HMA Agro Share Price History
HMA Agro Industries is a part of BSE Fast Moving Consumer Goods index. The company had launched its IPO July 2023 and issues shares at Rs 585. Later in December same year, the board had approved the sub-division of the face value of equity shares in the ratio of 10:1 (10 for one). It means that each share of Fa 10 face value was split into 10new shares of Re 1 face value.
As per BSE data, HMA Agro shares have underperformed the markets significantly over the last two years. The counter has declined 12 per cent in one year as against nearly 10 per cent rise in BSE Sensex during the same period. It has corrected more than 50 per cent in two years.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
