HMA Agro Industries IPO Evaluate

HMA Agro Industries IPO Evaluate: HMA Agro Industries Restricted is developing with its Preliminary Public Providing. The IPO will open for subscription on June twentieth, 2023, and shut on June twenty third, 2023. On this article, we’ll have a look at the HMA Agro Industries IPO Evaluate 2023 and analyze its strengths and weaknesses. Hold studying to search out out extra! 

HMA Agro Industries IPO – About The Firm

Included in 2008, HMA Agro Industries is among the frozen buffalo meat merchandise firm from India that account for greater than 10% of India’s whole export of frozen buffalo meat. The corporate’s merchandise are exported to over 40 international locations around the globe beneath the model names  “Black Gold”, “Kamil” & “HMA”.

The corporate now operates 4 utterly built-in packaged meat processing items in Aligarh, Mohali, Agra, and Parbhani, and is within the course of of building a fifth totally integrated-owned meat product processing unit in Haryana. 

The corporate can be within the strategy of buying an extra manufacturing unit in Unnao by the second quarter of FY23. By FY23, the overall in-house meat product processing capability is estimated to be greater than 4,00,000 metric tonnes per yr divided over six distinct owned items.

Merchandise by the corporate:

Following are the completely different merchandise offered by the corporate beneath completely different Model Names:

1. Model Identify: “Black Gold”, Product: Frozen Buffalo Meat

2. Model Identify: “KAMIL”, Product: Frozen Buffalo Meat

3. Model Identify: “HMA”, Product Identify: Frozen Buffalo Meat

4. Model Identify: “Recent Gold”, Product Identify: Frozen Fish

5. Model Identify: “Inexperienced Gold” Product Identify: Basmati Rice

(Supply: RHP of the corporate)

HMA Agro Industries IPO – Monetary Highlights

If we have a look at the financials of HMA Agro Industries IPO we discover that their belongings have grown from Rs.472.85 crores in March 2020 to Rs. 971.72 crores in December 2022.

Equally, its income has grown from Rs. 2416.61 crores in March 2020 to Rs.3138.97 crores in March 2022. For FY23, the corporate has recorded a complete income of Rs.2417.82 Crores till December 2022. 

Regardless of the lower within the firm’s income in FY21, there was a YoY improve in corporations internet income. Its income have grown from Rs.45.98 crores in March 2020 to Rs.117.62 crores in March 2022. For FY23, the corporate has recorded a internet revenue of Rs.113.23 Crores till December 2022. 

It is very important observe that the corporate’s borrowing has additionally elevated from Rs. 169.17 crores In March 2020 to Rs. 295.17 crores in December 2022. 

The steadiness sheet of the corporate 

(Supply: RHP of the corporate)

The Revenue Assertion of the corporate 

(Supply: RHP of the corporate)

Abstract of Monetary Info

(Supply: RHP of the corporate)

Nation-wise Income of the corporate 

(Supply: RHP of the corporate)

Key Gamers within the Market

Under is the picture of the important thing gamers within the trade together with their whole annual manufacturing:

Strengths of the Firm

The corporate operates by primarily exporting its merchandise to varied international locations. For this goal, it has developed sturdy relations with numerous distributors which have additionally enabled them to realize new markets.

The corporate has targeted on delivering high-quality merchandise ever since its inception. This has enabled them to construct well-established manufacturers that carry model recall values on the finish buyer degree.

The corporate exports its merchandise to greater than 40 international locations which reduces the danger of the enterprise and its dependence on single geography making this its core energy.

The corporate has promoters who’ve vital trade expertise and likewise a crew of skilled personnel. The agency believes that it’s going to allow them to reap the benefits of each present and future market alternatives.

Weaknesses of the Firm

The corporate generates a good portion of its income from the meat enterprise and any discount in demand or within the manufacturing of such merchandise might have an antagonistic impact on the enterprise

The corporate operates in a extremely regulated, environmental and religiously delicate enterprise. On account of this, the corporate faces the danger of its crops shutting down or disruptions with respect to its processing crops which they’ve skilled up to now.

The corporate doesn’t have any long-term agreements with its suppliers for its uncooked supplies which can result in a rise in the price of, or a shortfall within the availability of livestock uncooked supplies. 

Outbreaks of livestock ailments typically can considerably limit the corporate’s potential to conduct its operations.

The corporate depends on third-party transportation suppliers for each the procurement of uncooked supplies and the distribution of the merchandise. Any points regarding the supply of uncooked supplies or the ultimate merchandise will disrupt the corporate’s circulate of operations.

HMA Agro Industries IPO Evaluate – Key IPO Info

Promoters: Wajid Ahmed, Gulzar Ahmad, Mohammad Mehmood Qureshi, Mohammad Ashraf Qureshi And Zulfiqar Ahmad Qurashi.

E book Operating Lead Supervisor: Aryaman Monetary Providers Restricted

Registrar to the Provide: Bigshare Providers Non-public Restricted

The Goal of the Problem

Following are the Goals of the difficulty by the corporate:

Funding working capital necessities of the Firm

Basic Company Function

HMA Agro Industries IPO Evaluate – GMP

Since GMP is just not out there, we’ll replace the article as soon as we recieve the data.

In Closing

On this article, we appeared on the particulars of HMA Agro Industries IPO Evaluate 2023. Analysts stay divided on the IPO and its potential good points. This can be a good alternative for buyers to look into the corporate and analyze its strengths and weaknesses. That’s it for this publish.

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