About HMA Agro Industries Limited

HMA Agro Industries Limited is an India-based exporter of frozen foods and agro-based products, with 100% of its operations located within India. The Company specialises in slaughtering and processing frozen buffalo meat and meat products through APEDA-approved facilities, while undertaking its own packaging and export operations. Capacity expansion is achieved through wholly owned subsidiaries and selected third-party processing units.

With over four decades of industry experience, HMA Agro operates across Uttar Pradesh, Punjab, Haryana, Madhya Pradesh and Maharashtra, supported by a modern processing infrastructure. The Company exports to 40+ countries, maintaining a strong presence in international markets.

The Company’s product portfolio includes packaged frozen meat, frozen fish and seafood, Basmati rice, fresh fruits and vegetables, pet food, leather products, and other agro-based byproducts. Prominent brands include HMA Gold (Basmati rice), Fresh Gold (seafood), Black Gold, and Kamil, which are showcased in major international trade fairs.

As on March 31, 2025, the Group comprised 10 subsidiaries, including LLPs and private limited entities incorporated in India.

Key Milestones

• Commissioned Asia’s largest meat processing facility at Nuh, Mewat, Haryana, with commercial operations commencing in 2022. 
• Achieved listing on NSE and BSE in July 2023, reinforcing its capital market presence. 
• Expanded into Basmati rice and diversified the agro-product portfolio. 
• Recognised as a Five Star Export House by the Government of India. 
• Secured export approval to Cuba, entered the Philippines market, and signed an MoU with the Malaysian Government for strategic collaboration. 

Business Segments

• Reportable Segment: The Company reports a single business segment — processing and exporting frozen buffalo meat and meat products — under Ind AS 108. 
• Revenue Mix: 
  • Exports (Standalone): 95.21% of turnover 
  • Exports (Consolidated): 91.23% of total turnover 

HMA Agro Industries Limited Key Management

• Gulzar Ahmad – Chairman & Whole-Time Director 
• Mohammad Mehmood Qureshi – Managing Director 
• Gulzeb Ahmed – Chief Financial Officer & Whole-Time Director; CEO w.e.f. April 22, 2025 
• Nikhil Sundrani – Company Secretary & Compliance Officer 

Latest Updates on HMA Agro Industries Limited

• Technology Upgrade:
  Commissioned India’s first high-speed vacuum-packed chilled meat (VPCM) line, integrated with Cryovac technology, improving product quality, shelf life and suitability for premium international markets. 
• Portfolio Expansion:
  Established a pet food processing plant and commenced exports of pet food products to global markets, marking diversification into a high-growth segment. 
• Organisational Strengthening:
  Incorporated two new subsidiaries — Laal Agro Food and JFF Exports — to optimise operations and meet rising domestic and export demand. 
• Market Access:
  Obtained regulatory approval to export to the Philippines, while continuing to participate in leading global exhibitions to expand the Company’s order book. 
• Domestic Footprint:
  The Company’s facilities include: 
  • Mewat (Haryana) – 570 MT/day 
  • Dera Bassi (Punjab) – 380 MT/day 
  • Parbhani (Maharashtra) – 190 MT/day 
  • Agra (Uttar Pradesh) – 95 MT/day 
  • Aligarh (Uttar Pradesh) – 95 MT/day 
  • Unnao (Uttar Pradesh) – 142.5 MT/day (under acquisition) 
  • Upcoming chicken processing plant at Jabalpur, Madhya Pradesh. 

Credit Rating:
CARE Ratings Limited assigned a short-term rating of CARE A2+ to the Company’s bank facilities amounting to Rs 850 crore, citing its strong market position and robust financial risk profile.