H.M. Electro Mech (BSE: HMEML) had a P/E of 7.1× on 6 Nov 2026, and the shares are 29% below their 52-week high. Sales and net profit grew 9.2% and 17% a year over 3 years, with ROCE of 16% and ROE of 14%. Debt is 0.20× equity. It is a small-cap company with a market cap of ₹69 Cr; the shares fell 15% over the past year.
- ₹48.00
- ₹50.50
- ₹46.80
- ₹55.00
- 25.6K
Health check
- ReturnsWeak
−14.6% over the past year.
- Price tagNo peers
P/E 7.1, with no peers to compare.
- GrowthSteady
Sales +9.2%, profit +17.5% a year over 3 years.
- ProfitabilityAverage
ROCE 16.1%.
- Balance sheetSolid
Debt 0.20× equity, interest covered 14.9×.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹69 Cr
- Small cap
- P/E
- 7.1
- Price to book
- 0.92
- Book value ₹54.90
- Dividend yield
- 0.00%
- ROE
- 13.9%
- Return on equity
- ROCE
- 16.1%
- Return on capital employed
- Debt to equity
- 0.20
- Debt ₹15 Cr
- EPS (TTM)
- ₹7.12
- OPM (TTM)
- 10.8%
- Net margin 7.4%
- Sales growth
- +29.0%
- Latest quarter vs a year ago
- Profit growth
- +20.2%
- Latest quarter vs a year ago
- Price to sales
- 0.52
- EV/EBITDA 5.3
Strengths and risks
Strengths
- Quarterly profit up 20.2% on a year ago.
- Quarterly sales up 29.0% on a year ago.
About H.M. Electro Mech
H.M. Electro Mech Limited engages in the supply, installation, testing, commissioning, operation, and maintenance of pumping machineries in India. The company offers engineering, procurement, and construction services for water supply projects, including construction of water treatment plant (WTP); and civil work for pump houses, diesel generating sets, panel room, instrumentation, and PLC-SCADA. It serves state and central governments, telecommunication…
- Headquarters
- Ahmedabad
- Employees
- 518
- Sector
- Industrials
- ISIN
- INE0DZD01015
- Website
- hmelectromech.com
Price range
- Avg volume (3M)
- 7.6K
- 1-year return
- minus 14.6%
- From 52-week high
- minus 28.7%
Peers
We couldn’t find listed peers for this company.
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- +9.2%
- Profit CAGR 3Y
- +17.5%
- ROE
- 13.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 101 | 117 | 122 | 132 | |
| – | +15.3% | +4.0% | +8.7% | |
| 92.6 | 105 | 109 | 118 | |
| 8.9 | 12.4 | 12.9 | 14.6 | |
| 8.8% | 10.6% | 10.6% | 11.0% | |
| −0.4 | −0.1 | −0.2 | −0 | |
| 0.3 | 1.3 | 1.2 | 1 | |
| 0.1 | 0.1 | 0.1 | 0.2 | |
| – | – | 0 | 0.1 | |
| 8.1 | 10.8 | 11.4 | 13.4 | |
| 25.6% | 25.8% | 26.8% | 27.1% | |
| 6 | 8 | 8.4 | 9.7 | |
| – | +33.2% | +4.3% | +16.7% | |
| 4.39 | 5.85 | 7.88 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10 | 10 | 13.7 | 13.7 | |
| 14.1 | 22.1 | 51.8 | 61.5 | |
| 6.4 | 12.3 | 7.8 | 15.2 | |
| 33.6 | 30.8 | 24.1 | 46.8 | |
| 64.1 | 75.2 | 97.4 | 137 | |
| 0.3 | 0.3 | 1.9 | 2.3 | |
| 2.8 | 2.6 | 9 | 3.1 | |
| 2 | 0.2 | 2.4 | 7.6 | |
| 58.9 | 72.1 | 84.1 | 124 | |
| 64.1 | 75.2 | 97.4 | 137 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −4.1 | 2.9 | −5.8 | 1.2 | |
| −1.4 | −8.8 | −10.6 | −2.1 | |
| 5.4 | 4.2 | 18.7 | 6 | |
| −0.1 | −1.8 | 2.3 | 5.1 | |
| −0 | −0.1 | −1.6 | −0.7 | |
| −4.2 | 2.8 | −7.4 | 0.5 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.