Penny stock under 35 hit 10 per cent upper circuit after reporting a 14,940% jump in net profit in Q2FY26

On Monday, the shares of HMA Agro Industries Ltd hit a 10 per cent Upper Circuit to an Intraday high of Rs 33.02 per share from its previous closing of Rs 30.02 per share. The stock’s 52-week high is Rs 47.40 per share and its 52-week low of Rs 27.54 per share. The shares of the company saw a Spurt in Volume by more than 6 times.

HMA Agro Industries Ltd, founded in 2008, is a leading Indian food trade company specialising in handling and exporting a variety of food and agricultural products. They are one of the biggest exporters of frozen buffalo meat in India, accounting for over 10 per cent of the nation's total exports in this category. Its offerings include frozen fresh buffalo meat, prepared and frozen natural products, vegetables and cereals. The company's brands "Black Gold", "Kamil" and "HMA" are shipped to over 40 countries around the world. HMA Agro Industries has a strong focus on meat processing, operating four integrated plants in Aligarh, Mohali, Agra and Parbhani, with plans to expand by setting up a fifth facility in Haryana.

HMA Agro Industries Ltd. demonstrated remarkable financial performance on a consolidated basis, reporting substantial growth both quarter-over-quarter and half-year-over-half-year. Revenues grew by 92 per cent from Q1FY26 to Q2FY26, reaching Rs 2,155.34 crore and by 50 per cent year-on-year for the half-year (H1FY25 to H1FY26), achieving Rs 3,277.95 crore. This revenue increase translated into massive gains in profitability, with the Earnings Before Interest, Depreciation, Tax, and Amortisation (EBIDTA) soaring by an impressive 692 per cent in Q2FY26 to Rs 131.57 crore and the Profit After Tax (PAT) surging by 14,940 per cent quarter-over-quarter to Rs 89.79 crore, highlighting a highly successful operational period.

HMA Agro Industries Limited operates a substantial and geographically diversified network of active and operational production facilities across India, achieving a significant total daily production capacity of 1,472 MT. This extensive manufacturing capability is spread across key locations in six cities, including Agra, Unnao, Punjab, Aligarh, Mewat (Haryana), and Parbhani (Maharashtra). The network includes wholly-owned subsidiaries and majority-owned firms, and features recently upgraded facilities with fully integrated infrastructure and complete automation, utilising modern equipment like blast freezers, metal detectors, and specialised cutting and rendering machinery for high-quality meat processing and retail readiness.

DIIs bought 25,85,438 shares and increased their stake to 0.63 per cent in September 2025 compared to June 2025. The company has a market cap of over Rs 1,600 crore and the stock is up by 16 per cent from its 52-week low of Rs 27.54 per share. The shares of the company have an ROE of 12 per cent and an ROCE of 12 per cent.

Disclaimer: The article is for informational purposes only and not investment advice.