HMA Agro Industries Share Price Prediction 2027: Scenario Targets, Valuation and Technical Outlook

HMA Agro Industries share price prediction 2027 comes down to earnings growth and the multiple investors pay for it, and the reported numbers give a measured answer. The stock trades at Rs 23.28 on NSE as of 9 October 2026, 32.0% below its 52-week high of Rs 34.24, after the company reported net profit of Rs 165.19 crore for FY26.

This HMA Agro Industries stock forecast 2027 builds conservative, base and bull scenarios from exchange-reported financials, shareholding data and daily price indicators, with every assumption shown.

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HMA Agro Industries Share Price Today and Key Data

The HMA Agro Industries share price today is Rs 23.28 on NSE, down 1.44% on the day. The market capitalisation stands at Rs 1,183 crore. Over the past year the price has fallen 22.8% from Rs 30.16. Every HMA Agro Industries stock forecast figure below starts from this price.

Metric	Value
Company	HMA Agro Industries (HMAAGRO)
Current Price	Rs 23.28
52-Week High	Rs 34.24 (18 November 2025)
52-Week Low	Rs 19.09 (10 September 2026)
Market Cap	Rs 1,183 crore
PE Ratio	5.50
Industry PE	34.85
PB Ratio	1.26
EPS (TTM)	Rs 4.30
Return on Equity	17.51%
Debt to Equity	0.90
Dividend Yield	0.00%
Book Value per Share	Rs 18.79

What Is the HMA Agro Industries Share Price Prediction for 2027?

The HMA Agro Industries share price prediction for 2027 is a conservative case of Rs 25.2, a base case of Rs 27.9 and a bull case of Rs 33.5. Against Rs 23.28, these imply 8.2% upside, 19.8% upside and 43.9% upside. They are model scenarios built from reported EPS growth, not broker targets.

Scenario	EPS Growth Basis	EPS Estimate	PE Multiple	Implied Value	Upside vs Current Price
Conservative Case	Lower of FY26 growth (88.0%) and 4-year CAGR (8.4%)	Rs 4.66 (+8.4%)	Unchanged from today (price to EPS ratio kept constant)	Rs 25.2	+8.2%
Base Case	Average of the two (capped at 20%)	Rs 5.16 (+20.0%)	Unchanged from today (price to EPS ratio kept constant)	Rs 27.9	+19.8%
Bull Case	Higher of the two (capped at 25%)	Rs 5.38 (+25.0%)	Re-rated 15.0% toward industry PE of 34.85 (still at or below it)	Rs 33.5	+43.9%

Each target takes today's price of Rs 23.28 and scales it by the EPS growth assumed for that case, which is the same as holding the PE multiple constant. The conservative case uses the lower of the FY26 EPS growth and the 4-year EPS CAGR, the base case uses their average and the bull case uses the higher figure. The bull case also re-rates the PE multiple toward the industry level, because the stock trades below it. Together they form the HMA Agro Industries target price range for the FY27 outlook over the next 12 months, and the range is not a point estimate.

HMA Agro Industries Share Price Forecast: What Has to Go Right by 2027

Each HMA Agro Industries target price below depends on a specific EPS outcome, and the text states that outcome next to the number.

Conservative Case for the HMA Agro Industries Share Price Target: Rs 25.2

Reaching Rs 25.2 needs EPS to rise 8.4% to Rs 4.66 while the stock keeps its current PE multiple. That follows the slower 4-year EPS CAGR of 8.4%.

Base Case for the HMA Agro Industries Share Price Target: Rs 27.9

Reaching Rs 27.9 needs EPS to rise 20.0% to Rs 5.16, the average of the FY26 growth rate and the 4-year CAGR. Net profit growth of 8318.3% in Q1 FY27 is at or above that pace, which supports the target.

Bull Case for the HMA Agro Industries Share Price Target: Rs 33.5

Reaching Rs 33.5 needs EPS to rise 25.0% to Rs 5.38 and the PE multiple to re-rate 15.0% toward the industry PE. That sits inside the 52-week range of Rs 19.09 to Rs 34.24. A daily close above the nearest resistance level of Rs 24.43 (200-day EMA) would be the first technical confirmation.

HMA Agro Industries Financial Performance: Revenue, Profit and Margins

HMA Agro Industries earned net profit of Rs 165.19 crore on revenue of Rs 7,041.42 crore in FY26, with profit up 88.4% and revenue up 35.0% compared with FY25. Diluted EPS was Rs 3.29 against Rs 1.75 a year earlier, and that earnings base anchors the HMA Agro Industries share price forecast. Earlier-year EPS in the table below is restated for the company's share split or bonus issue, so every year sits on the current share count.

Year	Revenue (Rs Cr)	Net Profit (Rs Cr)	EPS (Rs)	Operating Margin	Net Margin
FY22	3,138.98	116.48	2.39	5.82%	3.71%
FY23	3,256.09	123.47	2.53	6.37%	3.79%
FY24	4,861.97	100.58	2.03	3.85%	2.07%
FY25	5,214.37	87.69	1.75	3.64%	1.68%
FY26	7,041.42	165.19	3.29	4.15%	2.35%

In the latest reported quarter, Q1 FY27 (quarter ended June 2026), revenue was Rs 2,182.09 crore against Rs 1,133.93 crore a year earlier (+92.4%), and the bottom line was a net profit of Rs 50.51 crore against a net profit of Rs 0.60 crore (+8318.3%). Operating margin was 3.84% versus 1.48% in the year-ago quarter. Cash flow from operations was Rs -84.55 crore in FY26 against Rs 124.39 crore in FY25. Together these figures set the earnings base for the HMA Agro Industries share price prediction.

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Is HMA Agro Industries Overvalued or Undervalued Right Now?

HMA Agro Industries trades at a PE of 5.50 against an industry PE of 34.85, which places the stock at a 84.2% discount to the industry average. The price-to-book ratio is 1.26 on a book value of Rs 18.79 per share. Return on equity of 17.51% means the company earns Rs 17.51 of profit for every Rs 100 of shareholder equity.

Debt to equity is 0.90, so borrowings equal about 90% of shareholder equity. The company declared a dividend of Rs 0.30 per share for FY26, a yield of 0.00% at the current price. This valuation context frames the HMA Agro Industries stock price prediction for 2027 without relying on any outside forecast.

HMA Agro Industries Stock Analysis: Technical Outlook

HMA Agro Industries stock trades above its 50-day SMA of Rs 22.14 and below its 200-day EMA of Rs 24.43, and the combined daily indicators read neutral. The 52-week high of Rs 34.24 was set on 18 November 2025, while the 52-week low of Rs 19.09 came on 10 September 2026.

Indicator	Reading	Signal
RSI (14)	45.55	Neutral
MACD (12,26,9)	0.57 vs signal 0.61	Bearish
ADX (14)	52.21	Established trend
Supertrend (10,3)	Price above Rs 21.70	Bullish
50-day SMA	Rs 22.14	Price above
200-day EMA	Rs 24.43	Price below

The nearest support level sits at Rs 22.14 (50-day SMA) and Rs 21.70 (Supertrend). The nearest resistance level sits at Rs 24.43 (200-day EMA) and Rs 34.24 (52-week high). A sustained move above the nearest resistance would support the HMA Agro Industries share price prediction 2027 base case, and this HMA Agro Industries stock analysis uses daily candles only. Chart signals add context to the HMA Agro Industries share price target without changing the earnings maths.

HMA Agro Industries Shareholding Pattern

Promoters hold 75.00% of HMA Agro Industries as of Aug 2026, down from 81.63% in Dec 2025 across the last 5 quarters. FII holding is 4.10% (down from 4.92% in Dec 2025) and DII holding is 3.57% (up from 1.34% in Dec 2025), which puts combined institutional holding at 7.67%. Public shareholders own 17.32%. Shareholding data is one input for any HMA Agro Industries stock forecast.

Key Risks to the HMA Agro Industries Share Price Target for 2027

Earnings and Margin Risk

Operating margin has ranged from 3.64% to 6.37% between FY22 and FY26, so a slip toward the lower end would trim the EPS estimate behind the HMA Agro Industries stock forecast. Revenue was up 35.0% in FY26, and slower revenue growth would weigh on the profit path.

Size and Liquidity Risk

Market capitalisation stands at Rs 1,183 crore. Investors should check daily traded volumes and order book depth on NSE before sizing a position, because price moves can be sharper when volumes thin out. Liquidity is a practical constraint on any HMA Agro Industries stock price target.

Balance Sheet Risk

Debt to equity of 0.90 means borrowings stand at about 90% of shareholder equity. A rise in borrowing costs or a jump in debt would weigh on profit and on the multiple behind the HMA Agro Industries share price forecast.

Conclusion

This HMA Agro Industries stock analysis puts the share price target range for 2027 at Rs 25.2 to Rs 33.5, with a base case of Rs 27.9 against Rs 23.28 today. The inputs are a PE of 5.50 that sits at a 84.2% discount to the industry average, EPS growth of 88.0% in FY26 and a daily technical setup that reads neutral. The next quarterly result will show which scenario is gaining ground. This analysis is educational, so consult a SEBI-registered advisor before acting on it.

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Frequently Asked Questions on HMA Agro Industries Share Price Prediction 2027

What is the HMA Agro Industries share price target for 2027?

Ans. The HMA Agro Industries share price forecast for 2027 has a conservative case of Rs 25.2, a base case of Rs 27.9 and a bull case of Rs 33.5. These are model scenarios based on reported EPS growth, and they are not guaranteed outcomes.

What is the HMA Agro Industries share price today?

Ans. HMA Agro Industries trades at Rs 23.28 on NSE as of 9 October 2026, down 1.44% on the day. The 52-week range is Rs 19.09 to Rs 34.24.

Is HMA Agro Industries a good stock to buy for 2027?

Ans. The data points in different directions: the PE of 5.50 is at a 84.2% discount to the industry average, EPS grew 88.0% in FY26 and the daily technical setup reads neutral. This article does not constitute investment advice, so consult a SEBI-registered advisor before deciding.

Can HMA Agro Industries stock reach Rs 33.5 in 2027?

Ans. Reaching Rs 33.5 needs EPS to rise 25.0% from Rs 4.30 and the PE multiple to re-rate toward the industry PE of 34.85, plus a daily close above Rs 24.43 (200-day EMA). This is a scenario, not a guarantee.

What are the support and resistance levels for HMA Agro Industries?

Ans. The nearest support levels are Rs 22.14 (50-day SMA) and Rs 21.70 (Supertrend), and the nearest resistance levels are Rs 24.43 (200-day EMA) and Rs 34.24 (52-week high).

What are the main risks for HMA Agro Industries stock in 2027?

Ans. The main risks to the HMA Agro Industries share price forecast are a fall in operating margin from the 3.64% to 6.37% range seen since FY22, slower revenue growth after FY26 revenue was up 35.0%, and thin trading volumes. Debt to equity of 0.90 adds balance sheet sensitivity.

How is the HMA Agro Industries target price for 2027 calculated?

Ans. Each target scales the current price by assumed EPS growth at a constant PE multiple. The conservative case uses 8.4% growth, the base case 20.0% and the bull case 25.0%, all drawn from the company's reported FY26 and 4-year EPS growth.