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HMT Ltd

₹ 46.01.28%
16 Jan 2:28 p.m. – close price
🔗hmtindia.com•BSE: 500191•NSE: HMT
Market Cap₹ 1,636 Cr.
Current Price₹ 46.0
High / Low₹ 75.5
Stock P/E90.6
Book Value₹ 13.7
Dividend Yield0.00 %
ROCE1.78 %
ROE3.45 %
Face Value₹ 10.0
Sales₹ 26.7 Cr.
OPM-141 %
Mar Cap₹ 1,636 Cr.

ABOUT

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]

KEY POINTS

Machine Tools Segment (~81% of revenues)[1]The company manufactures various kinds of machines such as simple lathes, multi-station transfer lines, stand-along CNC machines, flexible manufacturing systems, printing machines, etc. Its products cover general purpose machines, special purpose and CNC machines to meet the application needs of every engineering industry.It has manufactured 100,000+ machine tools which are in use all over India.The business is controlled by company's wholly owned subsidiary i.e. HMT Machine Tools Ltd.[2]

Also present in buckets:
Red Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Honeywell Auto33640.0057.6329737.770.31119.503.821149.4012.2618.404537.8012.66516.10119.507.129.980.02
2.Kaynes Tech3610.4563.9324202.550.00121.41101.64906.2258.4014.283225.3516.21378.68121.415.187.240.19
3.Jyoti CNC Auto.923.0560.6020992.250.0085.5012.68507.9017.9324.351943.2626.50346.1385.5011.4912.990.40
4.Aditya Infotech1397.0583.4516421.640.0069.98196.78919.6437.4819.493111.877.96150.4469.9810.346.240.08
5.LMW14807.00131.5215818.320.2140.9267.29821.886.884.483086.084.91120.2740.925.572.070.00
6.Tega Inds.1880.8059.7514130.040.1144.94522.44405.3514.7317.801706.8221.45236.4444.948.5010.070.21
7.Syrma SGS Tech.709.6559.5613684.150.2166.3476.771145.8937.6011.673883.9310.01229.6764.064.944.370.12
8.HMT46.0090.561635.770.001.21317.245.97-8.151.7826.70-141.2018.061.213.341.201.31
–Median: 118 Co.271.432.17616.040.06.1713.0175.3415.9416.06228.7114.0317.095.813.57.690.2

Quarterly Results

Standalone figures in ₹ crores

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales
3.6012.8220.179.369.9512.5816.025.096.507.317.276.155.97
Expenses
7.3315.2242.6114.0223.1919.5122.887.9820.0914.8821.028.7519.75
Operating Profit
-3.73-2.40-22.44-4.66-13.24-6.93-6.86-2.89-13.59-7.57-13.75-2.60-13.78
Other Income
8.5615.6811.9311.9212.5412.2514.5614.3614.5914.9315.1015.0215.27
Profit before tax
4.3112.73-11.076.77-1.234.807.1311.100.296.590.9612.141.21
Tax %
0.00%0.00%70.91%0.00%0.00%0.00%-97.48%0.00%0.00%0.00%295.83%0.00%0.00%
Net Profit
4.3112.73-18.926.77-1.234.8014.0811.100.296.59-1.8812.141.21
EPS in Rs
0.120.36-0.530.19-0.030.130.400.310.010.19-0.050.340.03

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
7759710152026231352482627
Expenses
25816718281373941383383806464
Operating Profit
-181-108-11-271-22-19-15-14-20-31-32-38-38
Other Income
30432-3161737263656948515960
Interest
1418332001780010
Depreciation
3300000222211
Profit before tax
106-97-17-258-717248323815171921
Net Profit
87-97-17-239-71724827387241618
EPS in Rs
1.15-0.80-0.14-1.99-0.060.486.980.771.080.200.690.450.51
Dividend Payout %
0%0%0%0%0%0%0%0%0%0%0%0%–

Compounded Sales Growth

10 Years:-8%
5 Years:0%
3 Years:28%
TTM:-34%

Compounded Profit Growth

10 Years:8%
5 Years:-42%
3 Years:-25%
TTM:-40%

Stock Price CAGR

10 Years:1%
5 Years:13%
3 Years:10%
1 Year:-32%

Return on Equity

10 Years:7%
5 Years:5%
3 Years:4%
Last Year:3%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
7601,2041,2041,2041,204356356356356356356356356
Reserves
-282-824-866-1,102-1,104-2385327178103119133
Borrowings
75877676495604627653670678679642642642
Other Liabilities
238279465337229316138120116213232231226
Total Liabilities
1,4751,4368809349341,0601,1521,1771,2211,3261,3321,3481,356
Fixed Assets
28242219171614131111987
Gross Block
139.49138.53143.15144.86144.81145.14143.59143.28143.78144.88145.52144.66–
Accumulated Depreciation
111.18114.57120.91125.41127.71129.10129.66130.77132.61134.32136.42137.01–
CWIP
0000000000000
Investments
764764764720720720720720720720720720720
Other Assets
68364893194196325418445490595604621629
Total Assets
1,4751,4368809349341,0601,1521,1771,2211,3261,3321,3481,356

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
-78-38615-366-85-11-300-7-54112-16-35
Cash from Investing Activity
-43122824205-2046-39-5432
Cash from Financing Activity
1219-63649184-10-12-0-0-00-0
Net Cash Flow
39-26-912772-107-27-873-70-4

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
14613081221410957467067125116179
Inventory Days
3273394,8963,4941,970670227375779113161658
Days Payable
21017317,0562,34425511711817212339288865
Cash Conversion Cycle
264296-11,3481,3641,824610155272723200-12-28
Working Capital Days
1,9562,217-18,810-11,615-9,098-9,011-4,554-6,805-12,183-3,451-2,769-4,509
ROCE %
-14%-7%12%-52%-1%1%28%5%4%1%2%2%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
93.69%93.69%93.69%93.69%93.69%93.69%93.69%93.69%93.69%93.69%93.69%93.69%
FIIs
––––––––––––
DIIs
––––––––––––
Public
0.70%0.70%0.71%0.71%0.71%0.70%0.70%0.71%0.71%0.71%0.71%0.70%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

HMT Limited: Non-Official Independent Director Dr. Kartik Chandulal Bhadra to Cease Post March 28, 2026

28th March 2026, 1:23 am

HMT Appoints N. Ramesh Kumar as Chairman & Managing Director (Additional Charge)

26th March 2026, 2:50 am

HMT Limited Appoints N. Ramesh Kumar as CMD (Additional Charge)

25th March 2026, 3:28 am

HMT Limited Announces Trading Window Closure for Financial Results

24th March 2026, 9:29 pm

HMT Watches Limited Officially Dissolved, Effective March 2, 2026

3rd March 2026, 1:55 am

Published by Other Websites

External media mentions & references

PSU Surge: Stocks Hit 52-Week High, Eye Record Amidst Broad Rally

25th February 2026, 10:58 am

Judicial City Showdown: Kerala Advocates Launch Fierce Battle Against State's Controversial Relocation Plan!

11th December 2025, 3:42 pm

Indian PSUs: Focus on Business Quality Over State Ownership for Investment

7th September 2025, 4:30 pm

Minister H.D. Kumaraswamy Reviews HMT Watches Performance, Focus on Preserving Brand Legacy

22nd August 2025, 4:46 pm

HMT Ltd Fined ₹1.08 Cr By BSE, NSE For Board Composition Lapses

News Articles

Editorial & research coverage

Judicial City Showdown: Kerala Advocates Launch Fierce Battle Against State's Controversial Relocation Plan!
Judicial City Showdown: Kerala Advocates Launch Fierce Battle Against State's Controversial Relocation Plan!

11th December 2025, 3:42 pm

Documents

Announcements

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Filing Application For Striking-Off Of HMT Watches Limited, Wholly Owned Subsidiary Of HMT Limited

5 Jan - Filed application Jan 5, 2026 to strike off HMT Watches Limited.

Closure of Trading Window

30 Dec - Trading window closed 1 Jan 2026 until 48 hours after unaudited results for quarter ended 31 Dec 2025.

Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

28 Nov 2025 - BSE/NSE levied Rs.6,08,880 fines each for LODR non-compliance (quarter ended Sep 30, 2025); seeking waiver.

Announcement under Regulation 30 (LODR)-Newspaper Publication

14 Nov 2025 - Newspaper Publication of Financial Results for the quarter and half year ended September 30, 2025

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Financial Year 2017

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from bse)

Financial Year 2012

(from nse)

Financial Year 2012

(from bse)

Financial Year 2011

(from bse)

Credit Ratings

Rating update

17 Oct 2017 from care

Rating update

4 Apr 2017 from care

Concalls

No concalls.

Stock Analysis

Description

  1. 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.

Key Growth Triggers

  1. Machine Tools Segment (~81% of revenues)
  2. Manufactures various machines including lathes, CNC machines, and flexible manufacturing systems.
  3. Has produced over 100,000 machine tools.
  4. Business controlled by wholly owned subsidiary HMT Machine Tools Ltd.

Order Book

Currently no data available for Order Book.

Key Red Flags

  1. Stock is trading at 3.32 times its book value.
  2. Company has a low return on equity of 3.53% over last 3 years.
  3. Company has high debtors of 179 days.
  4. HMT Group's net worth has been completely eroded.
  5. Significant SEBI compliance breaches related to board composition and committee functioning, resulting in penalties.

Key Dates To Watch

  1. The 72nd Annual General Meeting (AGM) was scheduled for November 7, 2025.

Corporate Announcements

27th Mar 26
Impact Rating: 4
HMT Limited informs that Dr. Kartik Chandulal Bhadra will step down as Non-Official Independent Director on March 28, 2026, upon completion of his term. The company is adhering to SEBI (LODR) Regulations, 2015 for this disclosure.
25th Mar 26
Impact Rating: 7
HMT Limited appointed Shri N. Ramesh Kumar as its Chairman & Managing Director (Additional Charge) effective March 25, 2026, for a one-year term. He is currently an Executive Director at BHEL.
24th Mar 26
Impact Rating: 7
HMT Limited announced the Ministry of Heavy Industries approved N. Ramesh Kumar, BHEL Executive Director, for CMD (Additional Charge) role. The tenure is one year from March 25, 2026, pending ACC approval.
24th Mar 26
Impact Rating: 5
HMT Limited announced a trading window closure from April 1, 2026, for insiders and relatives. This complies with SEBI rules and lasts until 48 hours post the declaration of audited financial results for the year ending March 31, 2026.
2nd Mar 26
Impact Rating: 7
HMT Limited's wholly-owned subsidiary, HMT Watches Limited, has been officially dissolved and struck off from the Register of Companies. This corporate action is effective from March 2, 2026, following approvals from the Ministry of Corporate Affairs.