HMT Ltd
NSE: HMT BSE: 500191
HMT Ltd (Hindustan Machine Tools) is a Central Public Sector enterprise of the GoI under the department of heavy industries. It is involved in manufacture of food processing machinery, machine tools, exports & Imports and projects and services for international clients.[1]
₹56.5
52W: ₹41 — ₹75.5
PE 111 · Book ₹13.7 · +312% vs bookMarket Cap₹2,010 Cr
Stock P/E111Price to Earnings
ROCE1.78%Return on Capital
ROE3.45%Return on Equity
Div. Yield0%Face Value ₹10
Weaknesses
- −Stock is trading at 4.15 times its book value
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Tax rate seems low
- −Company has a low return on equity of 3.53% over last 3 years.
- −Earnings include an other income of Rs.60.4 Cr.
- −Company has high debtors of 179 days.
Shareholding Pattern
Promoters93.69%
FIIs0%
DIIs0%
Public0.71%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 93.69% | 93.69% | 93.69% | 93.69% | 93.69% | 93.69% | 93.69% | 93.69% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 0.7% | 0.71%▲0.0 | 0.71% | 0.71% | 0.71% | 0.7%▼0.0 | 0.7% | 0.71%▲0.0 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 9.95 | 12.58 | 16.02 | 5.09 | 6.5 | 7.31 | 7.27 | 6.15 | 5.97 | 5.82 |
| Expenses | 23.19 | 19.51 | 22.88 | 7.98 | 20.09 | 14.88 | 21.02 | 8.75 | 19.75 | 13.88 |
| Operating Profit | -13.24 | -6.93 | -6.86 | -2.89 | -13.59 | -7.57 | -13.75 | -2.6 | -13.78 | -8.06 |
| OPM % | -133.07% | -55.09% | -42.82% | -56.78% | -209.08% | -103.56% | -189.13% | -42.28% | -230.82% | -138.49% |
| Net Profit | -1.23 | 4.8 | 14.08 | 11.1 | 0.29 | 6.59 | -1.88 | 12.14 | 1.21 | 6.7 |
| EPS ₹ | -0.03 | 0.13 | 0.4 | 0.31 | 0.01 | 0.19 | -0.05 | 0.34 | 0.03 | 0.19 |
AI Insights
Revenue Trend
TTM revenue at ₹25Cr, down 3.8% YoY. OPM at -151%.
Debt Position
Borrowings at ₹642Cr. Debt-to-equity ratio: 4.83x. High leverage — monitor closely.
Institutional Flow
DIIs: 0% (+0.00pp change). FIIs: 0% (+0.00pp change). Promoters hold 93.69%.
Margin & Efficiency
ROCE improving from -14% (Mar 2014) to 2% (Mar 2025). Working capital days: -4509.
Valuation
PE 111x with 1.78% ROCE. Price is 312% above book value of ₹13.7. Dividend yield: 0%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Change in Directorate 27 Apr - Ms. Nigar Fatima Husain appointed Government Nominee Director on HMT board effective 27 April 2026.
- Compliances-Certificate Under Reg. 74 (5) Of SEBI (DP) Regulations, 2018 15 Apr
- Announcement under Regulation 30 (LODR)-Cessation 27 Mar - Dr. Kartik Chandulal Bhadra ceased as Non-Official Independent Director effective 28 March, 2026.
- Announcement under Regulation 30 (LODR)-Change in Directorate 25 Mar - N. Ramesh Kumar appointed Chairman & Managing Director (additional charge) w.e.f. 25-Mar-2026 for one year.
- Appointment Of Shri. N Ramesh Kumar, Executive Director, BHEL As Chairman And Managing Director (Additional Charge), HMT Limited. 24 Mar - Shri N. Ramesh Kumar (BHEL) appointed interim CMD of HMT, effective 25-Mar-2026 for one year.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse