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As of 6 Nov 2026, HMT is loss-making on a trailing 12-month basis, with a net loss of ₹133 Cr, so it has no P/E ratio. The share price is ₹52.90, 27% below its 52-week high. Sales fell 11% a year over 3 years. Its net worth is negative, as liabilities exceed assets, and borrowings are ₹1,033 Cr. It is a small-cap company with a market cap of ₹1,881 Cr, ranked 9th of 24 Farm & Heavy Construction Machinery companies by market cap; the shares fell 2.3% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹54.89
Day high
₹54.90
Day low
₹52.55
Prev. close
₹54.94
Volume
17.8K

Health check

1 good · 4 to check
  • ReturnsAhead

    −2.3% over a year, better than 5 of 7 peers.

  • Price tagNegative equity

    Book value is below zero, so P/E and P/B mislead here.

  • GrowthShrinking

    Sales −11.2% a year over 3 years.

  • ProfitabilityDistorted

    With negative net worth, return ratios are meaningless.

  • Balance sheetStretched

    Negative net worth: liabilities exceed assets.

  • Red flags3 to check

    Loss-making over the last twelve months.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Farm & Heavy Construction Machinery

23 listed peers. Screen the industry

Small cap

₹1,881 Cr, #9 of 24 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹147 Cr · profit ₹−133 Cr
Market cap
₹1,881 Cr
Small cap
P/E
n/a
Industry 20.4
Price to book
−0.93
Peers 6.87
Dividend yield
0.00%
ROE
n/a
Peers 17.7%
ROCE
n/a
Peers 19.4%
Debt to equity
n/a
Debt ₹1,033 Cr
EPS (TTM)
−₹3.74
Face value ₹10
OPM (TTM)
−77.7%
Net margin −90.4%
Sales growth
+17.8%
Latest quarter vs a year ago
Profit growth
n/a
Year-ago quarter not reported
Price to sales
12.79
EV/EBITDA −48.3

Strengths and risks

Strengths

  • Quarterly sales up 17.8% on a year ago.

Risks to check

  • Loss-making over the last twelve months.
  • Negative net worth: liabilities exceed assets.
  • Interest coverage of only −1.6×.

Derived automatically from reported figures. Not a recommendation.

About HMT

HMT Limited engages in the manufacture and sale of food processing machines in India and internationally. It offers dairy machines, including pasteurizers/chiller, cream separators, homogenizers, butter-making machine, centrifugal pumps, plate heat exchangers, non-dairy applications, and watches. The company was incorporated in 1953 and is based in Bengaluru, India.

Headquarters
Bengaluru
Employees
552
Sector
Industrials
ISIN
INE262A01018
Website
hmtindia.com

Price range

52 weeks

₹41.00₹72.95

Today

₹52.55₹54.90
Avg volume (3M)
14.6K
1-year return
minus 2.3%
From 52-week high
minus 27.5%

Peers · Farm & Heavy Construction Machinery

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
ASHOKLEYAshok Leyland172.09plus 1.10%1,01,08329.112.214.5%21.5%3.4510.6%plus 21.2%
ESCORTSEscorts Kubota2,443.40minus 0.67%26,88820.413.514.4%11.5%0.0111.3%minus 35.6%
ACEAction Construction Equipment1,167.70plus 3.55%13,90031.825.528.5%15.6%0.0015.0%plus 2.8%
OLECTRAOlectra Greentech1,026.35minus 2.21%8,42447.526.619.4%13.8%0.3128.4%minus 30.9%
AJAXENGGAjax Engineering556.65minus 1.24%6,36928.120.021.4%12.5%0.0022.2%minus 5.8%
SWARAJENGSwaraj Engines3,495.30minus 1.97%4,24720.015.252.8%12.6%0.0112.2%minus 9.6%
VSTTILLERSV.S.T Tillers Tractors3,941.70minus 2.48%3,41131.416.512.4%13.3%0.007.2%minus 33.8%
HMTHMT52.90minus 3.71%1,881–––−77.7%–−11.2%minus 2.3%
Median of 7 peers–−1.24%8,42429.116.519.4%13.3%0.0112.2%−9.6%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
24.625.820.871.428.9
45.663.34410252.4
−21−37.5−23.1−30.2−23.5
−85.7%−145.1%−111.0%−42.3%−81.1%
12.716.215.314.313.4
17.715.917.717.517.7
1.81.81.71.51.4
−27.8−39.1−27.2−34.9−29.2
–––−7.4%–
−27.8−39.1−27.2−37.5−29.2
-0.78-1.10-0.77-1.05-0.82

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
−11.2%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
204163142143
–minus 19.8%minus 12.9%+0.2%
290268258252
−86.4−105−116−110
−42.4%−64.2%−81.4%−76.9%
46.348.25354.3
6968.169.768.7
9.38.37.56.8
1.7–−0.21.9
−117−133−140−129
−6.8%2.2%−2.1%−2.0%
−1232,551−143−132
-3.4671.73-4.02-3.70

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
356356356356
−4,659−2,108−2,254−2,382
3,7271,0291,0291,033
1,2721,3281,3951,529
696605526536
46.237.328.422.5
4.13.32.12.1
13.91.25.21.9
255247210262
377316280247
696605526536

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
103−847−46.344
−27.7−47.629.9−0
3.6828−7.5−2.8
78.8−66.7−23.941.1
−5.8−3.8−2.2−0.5
97.2−851−48.643.4

Shareholding pattern

Source: NSE filings
93.7%
promoters
  • Promoters93.69%
  • Public6.31%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202693.69%6.31%0.00
30 Jun 202693.69%6.31%0.00
31 Mar 202693.69%6.31%0.00
31 Dec 202593.69%6.31%0.00
30 Sep 202593.69%6.31%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you