The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
HMA Agro Industries Limited is an India-based food trade company. The Company is engaged in handling food and agro products, including frozen fresh boneless buffalo meat, prepared/frozen natural products, vegetables, and cereals. Its products are self-branded, packaged and…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, steadily growing business, trading cheap versus its own history — but flagged on governance.
HMA AGRO INDUSTRIES LTD is scored on the consumer / fmcg framework. It keeps a thin 2.4% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -0.51×) — worth a closer look. Free cash flow is worth about -16.6% of its market value.
Over the last 3 years revenue compounded at 29%/yr and profit at 10%/yr. Book value itself has compounded 25%/yr — the hallmark of a genuine compounder. Return on equity is an elite 20.9%. In the latest quarter profit grew 514% versus the prior quarter.
At 8× earnings, the stock sits at the 18th percentile of its own 3.4-year range — the cheap end of where it has historically traded. Today's price asks for only ~-8%/yr growth over a decade — undemanding expectations. The forensic screen raises 2 red flags: Only ₹0.02 of cash per ₹1 profit over 4 years — earnings not converting to cash; 57% of pre-tax profit is other income, not operations.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 5.9 | 8.11 | better |
| P/B | 1.24 | 3.47 | better |
| EV/EBITDA | 5.55 | — | — |
| ROE | 20.89 | 6.58 | better |
| ROCE | 15.62 | 9.46 | better |
| ROA | 8.02 | 6.21 | better |
| Quick Ratio | 0.34 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Hindustan Unilever | 31.1 | 9.6 | 22.9% |
| ITC | 18.4 | 5.0 | 26.4% |
| Nestle India | 60.5 | 42.7 | 70.6% |
Revenue has grown every year across all 4 financial years shown. 29% CAGR over 3 years — high-growth territory. Growth is accelerating — latest year outpaced the prior year's rate.
Revenue is outpacing profit (29% vs 10%) — costs are rising faster than the top line. The latest year saw a +88% swing — check if it's a one-off or structural.
Operating margin has compressed from 5% to 3% — costs or competition are eating into profitability. Margins have declined for 2 consecutive years — watch for a structural cost problem.
ROE at 17% — a respectable return on shareholder capital. High ROE despite single-digit margins — an asset-turn play with high capital velocity. Capital efficiency declining — ROE down 8pp.
9% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
2 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 35% sequentially — momentum is building. Run-rate fading — recent quarters 12% below earlier ones.
Profit jumped 514% QoQ — check if this is operating leverage or a one-off item.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.4y median.
Promoters hold 75.0% — heavily owner-operated with strong skin in the game. FIIs trimmed 3.0pp — foreign money is rotating out.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.