The company is the flagship organisation of its group. HMA Agro Industries has been associated with the meat industry and recognised by the Government of India. They are one of the largest Indian exporters of buffalo meat, accounting for about 10% of India's total export of frozen buffalo meat. They are exporting their products to over forty countries under Black Gold, Kamil and HMA brand names.
HMA Agro Industries Ltd. IPO Objectives
• HMA Agro will use the net proceeds from the new issue to finance working capital requirements and general corporate purposes.
Why should you invest in the HMA Agro Industries Ltd. IPO?
Here are our top reasons:
- They and their subsidiaries own four fully integrated packaged meat processing plants. A fifth one is coming up in Haryana.
- Unlike beef or pork, buffalo meat is free from religious constraints.
- To become one of the most recognised food product exporters, the company has currently diversified their product range to include frozen fish, basmati rice, poultry, and other agri products.
- They export to over forty countries, including middle-east Asian countries, south-east Asian countries, and African countries, and export constitutes 90% of their sales.
HMA Agro Industries Ltd. IPO Noteworthy Highlights:
- They are a profit-making company with a solid financial track record.
- Theirs is an old and established brand with many years of market experience.
Company Financials
| Particulars | Year ending on 31st December 2022 | Fiscal 2022 |
|---|---|---|
| Revenue From Operation | 23,704.80 | 3,0831.91 |
| EBITDA | 1,652.53 | 1,758.15 |
| EBITDA Margin | 6.97 | 5.70 |
| Restated profit for the period/year | 1,132.37 | 1176.21 |
Know before investing
Strengths
3They have forged and maintained long-term relationships with customers.
They are GOI-recognised, and their brands are registered under the Trademark Act in India.
They have been diversifying its product portfolio and exporting basmati rice since June 2022.
Risks
3Litigation pending against the company may impact its future business.
The company depends on meat exports to generate revenue. Slower demand will impact its profit abilities.
Failure to get a licence on time or to meet industry regulations will impact future cash flow.
