CARE Ratings Reaffirms Credit Rating for HMA Agro Industries Ltd Following Bank Facility Enhancement
CARE Ratings Limited has reaffirmed the credit ratings assigned to the bank facilities of HMA Agro Industries Ltd after reviewing the company’s operational and financial performance for FY26. The rating action was communicated on June 23, 2026, consequent to the enhancement of the company's credit facilities.The rating reaffirmation pertains to both long-term/short-term bank facilities and short-term bank facilities. CARE Ratings Limited conducted the review based on the recent developments within HMA Agro Industries Ltd.
Key details of the reaffirmed ratings for the various banking facilities are presented below:
| Facility Type | Amount (in Crore) | Rating 1 | Rating Action |
|---|---|---|---|
| Long Term / Short Term Bank Facilities | 1,231.00 (Enhanced from 931.00) | CARE A-; Stable / CARE A2+ | Reaffirmed |
| Short Term Bank Facilities | 19.00 | CARE A2+ | Reaffirmed |
In addition to the total facilities, the rated long-term/short-term facilities include lending limits from various banks and institutions. These facilities amount to a total of ₹1,231.00 crore.
Details regarding the long term / short term bank facilities as evaluated by the rating committee are as follows:
| Bank / Lender | Rated Amount (₹ crore) | Remarks |
|---|---|---|
| State Bank of India | 530.00 | EPC/PCFC |
| Yes Bank Ltd. | 350.00 | EPC/PCFC |
| HDFC Bank Ltd. | 160.00 | EPC/PCFC |
| Canara Bank | 70.00 | EPC/PCFC |
| Proposed | 121.00 | Proposed |
The total short-term facilities assessed for the company stand at ₹19.00 crore, with State Bank of India holding a rated amount of ₹19.00 crore against these facilities.
HMAAGRO Stock Price Movement
Shares of HMA Agro Industries Limited are edging higher to ₹21.83 as of 1:53 PM today, rallying after gaining 0.78%. The equity trades within a tight intraday band, having ranged from a low of ₹21.32 to a high of ₹21.92 in live market activity.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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