HMA Agro Industries

HMA Agro delivered a strong Q3Current reported value: 3. No comparable prior figure is available in the source record. FY26 with standalone revenue of ₹1,992.8 croreCurrent reported value: ₹1,992.8 crore. No comparable prior figure is available in the source record. (+46Current reported value: 46. No comparable prior figure is available in the source record.% YoY) and PAT of ₹71.9 croreCurrent reported value: ₹71.9 crore. No comparable prior figure is available in the source record. (+61.3Current reported value: 61.3. No comparable prior figure is available in the source record.% YoY), driven by robust export demand, improved realizations, and better capacity utilization. EBITDA grew 54.8% YoYCurrent reported value: 54.8% YoY. No comparable prior figure is available in the source record. to ₹87.3 croreCurrent reported value: ₹87.3 crore. No comparable prior figure is available in the source record., with margin expanding ~25 bps to 4.38% due to stable raw material costs (84.03%Current 84.03%. Reported change: -138 bps YoY. of revenue vs 85.41% last year) and operating leverage. Consolidated PBT nearly doubled (+112.9%Current 112.9%. Reported change: +112.9% YoY. YoY). Management highlighted diversification into new geographies and retail products, with a chicken processing plant expected by end of FY26. Key risk: freight cost volatility from refrigerated container shortages could pressure margins.