Penny Stock To Watch Under Rs 30: FMCG Scrip Secures CARE A2+ Rating For Rs 850 Cr Bank Facilities

HMA Agro Industries Limited has declared that its short-term bank facilities have been given an A2+ rating by CARE Ratings Limited ("CARE"). This grade, which was given for a total of Rs 850 crore, emphasizes HMA Agro's strong operational stability, sound financial standing, and reputation in the FMCG industry.

HMA Agro Industries Limited officially stated that, for the fiscal year 2025-2026, it does not meet the requirements to be considered a "Large Corporate" as outlined in Clause 3.2 of SEBI's circular of October 19, 2023. The company has the highest credit rating in FY 2024-2025, CARE A2+ (CARE Ratings Ltd.), and as of March 31, 2025, its outstanding borrowings were Rs 502.88 Cr (unaudited).

"Pursuant to the provisions of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and "Code of Conduct on regulating, monitoring and reporting the trades in the shares of HMA Agro Industries Limited ("the Company"), the trading window for dealing in the securities of the Company will remain closed for all the Designated Persons and their immediate relatives (as defined in the Code) from Tuesday, 01st April, 2025 for the purpose of consideration of Audited Financial Results for the quarter and year ended March 31, 2025," HMA Agro Industries said in a stock exchange filing on March 24.

"The Trading Window shall open after 48 hours of the Audited Financial Results for the quarter and year ended March 31, 2025 become generally available. Accordingly, the PAN of all Designated Persons of the Company will be freeze by designated depository (NSDL) for the trade in the securities of the Company during the aforesaid period of closure of the Trading Window. The date of meeting of Board of Directors to consider and approve the Audited Financial Results for the quarter and year ended March 31, 2025 shall be communicated in due course of time," HMA Agro Industries further informed stock exchanges.

In order to get facilities for the slaughter, chilling, processing, freezing, and packing of frozen Halal boneless buffalo meat, HMA Agro Industries Limited and Marya Frozen Agro Food Products Pvt. Ltd signed Facilities Agreements earlier on March 4. Through facilities for the slaughter, chilling, processing, freezing, and packing of frozen halal boneless buffalo meat, the deal aims to grow the company.

According to data on the Moneycontrol website, the company's net sales in the December 2024 quarter were Rs 1,364.77 crore, rising 12.24% from Rs 1,215.98 crore in the December 2023 quarter. In the December 2024 quarter, its net profit was Rs. 34.06 crore, a 21.46% drop from the December 2023 quarter's net profit of Rs. 43.37 crore. EBITDA plummeted 14.03% from Rs. 61.86 crore in Q3FY24 to Rs. 53.18 crore in Q3FY25.

With brands like Black Gold and Kamil, HMA Agro Industries Limited, an Indian food trade company founded in 2008, is well-known for processing and exporting frozen buffalo meat and prepared and frozen food products.

With a market valuation of Rs 1,404.16 Cr, HMA Agro Industries' shares closed Friday at Rs 28.04 a share, down 4.50% on the BSE. A 52-week high of Rs 72.01 was recorded on 10/04/2024, and a 52-week low of Rs 27.91 was recorded on 28/03/2025 by the small-cap FMCG stock.