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HMT

₹55.4 1.4 | 2.5%

Market Cap ₹6665 Cr.

Stock P/E -15.9

P/B -1.9

Current Price ₹55.4

Book Value ₹ -29.4

Face Value 10

52W High ₹74.8

Dividend Yield 0%

52W Low ₹ 24.5

HMT Research see more...

Overview Inc. Year: 1953Industry: Engineering - Industrial Equipments

HMT Ltd is a machine device production enterprise. The Company offers tractors and food processing machinery. Its segments include Tractors, Bearings, Machine Tools, Watches, Exports and Sudmo-HMT. It provides printing machinery, metallic forming presses, die casting and plastic processing equipment, and computer numerically managed (CNC) systems. It offers numerous offerings, which consist of refurbishing offerings, testing and inspection, tooling solutions, projects and consultancy, and other initiatives. It offers device gear, together with turning machines, machining centres and unique utility machines. It manufactures various watches, such as mechanical range and quartz collection watches, and special clocks, consisting of tower, solar, populace, display, floral, international and master slave clocks. In addition, it affords printing equipment, together with Web offset printing machines and programmable guillotines, and bearings, which include ball, cylindrical curler and taper curler bearings.

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HMT Share Price

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Quarterly Price

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HMT Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 52 55 82 32 26 38 108 46 36 32
Other Income 10 13 16 9 9 15 22 11 10 10
Total Income 61 68 98 41 35 53 130 57 47 42
Total Expenditure 68 71 130 56 51 55 137 68 57 55
Operating Profit -6 -3 -31 -14 -16 -2 -7 -11 -10 -13
Interest 25 22 8 17 19 17 16 17 17 17
Depreciation 2 3 2 2 2 2 4 2 2 2
Exceptional Income / Expenses 0 0 0 0 0 0 1 0 0 0
Profit Before Tax -33 -28 -42 -33 -37 -21 -26 -30 -29 -32
Provision for Tax 0 0 0 0 0 0 8 0 0 0
Profit After Tax -33 -28 -42 -33 -37 -21 -34 -30 -29 -32
Adjustments 0 1 677 0 0 1 0 0 0 0
Profit After Adjustments -33 -27 635 -33 -36 -20 -34 -30 -29 -32
Adjusted Earnings Per Share -0.9 -0.8 17.9 -0.9 -1 -0.6 -0.9 -0.8 -0.8 -0.9

HMT Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 360 275 280 287 218 197 265 263 205 178 208 222
Other Income 66 45 48 151 155 104 90 79 56 47 55 53
Total Income 427 320 328 439 374 302 355 342 261 225 262 276
Total Expenditure 548 600 580 521 481 317 382 351 275 286 302 317
Operating Profit -121 -280 -252 -83 -108 -15 -26 -9 -14 -61 -39 -41
Interest 328 262 291 74 75 106 96 91 84 74 69 67
Depreciation 14 13 12 14 13 12 11 11 10 10 9 10
Exceptional Income / Expenses -15 310 0 -107 -367 -18 289 268 0 0 1 1
Profit Before Tax -478 -246 -556 -278 -562 -151 156 157 -108 -145 -117 -117
Provision for Tax 2 19 1 0 -18 -0 1 1 4 0 8 8
Profit After Tax -480 -265 -557 -279 -544 -151 155 156 -112 -145 -125 -125
Adjustments 0 0 0 0 0 0 -1 -0 3 677 2 0
Profit After Adjustments -480 -265 -557 -278 -544 -151 155 156 -110 532 -123 -125
Adjusted Earnings Per Share -6.3 -3.5 -4.6 -2.3 -4.5 -1.3 4.4 4.4 -3.1 15 -3.5 -3.4

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 17% -8% 1% -5%
Operating Profit CAGR 0% 0% 0% 0%
PAT CAGR 0% NAN% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 121% 25% 27% 5%
ROE Average 0% 0% 0% 0%
ROCE Average 0% 0% 0% 0%

HMT Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds -3117 -2722 -3284 -4257 -4798 -4894 -4751 -4604 -4714 -4180 -4303
Minority's Interest 0 0 0 -1 -1 -1 -0 -0 -0 0 0
Borrowings 1439 1086 1312 196 435 373 231 122 18 0 0
Other Non-Current Liabilities 168 200 211 193 189 162 106 77 52 37 40
Total Current Liabilities 2103 2074 2381 4705 4842 4979 5132 5131 5332 4789 4963
Total Liabilities 592 639 619 836 668 619 718 726 688 646 700
Fixed Assets 125 112 94 88 73 63 56 64 57 51 42
Other Non-Current Assets 16 17 17 21 23 25 24 17 32 79 32
Total Current Assets 451 509 508 727 572 531 638 646 596 513 623
Total Assets 592 639 619 836 668 619 718 726 688 646 700

HMT Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 77 55 135 124 360 246 230 238 122 30 17
Cash Flow from Operating Activities -136 -170 -223 -117 -661 -108 -48 -269 -71 -50 103
Cash Flow from Investing Activities -9 5 7 -1 5 8 298 188 -27 45 -28
Cash Flow from Financing Activities 124 244 207 354 541 84 -241 -35 7 -7 4
Net Cash Inflow / Outflow -22 79 -9 236 -115 -16 8 -116 -92 -13 79
Closing Cash & Cash Equivalent 55 135 126 360 246 230 238 122 30 17 96

HMT Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) -6.32 -3.48 -4.63 -2.31 -4.52 -1.26 4.36 4.38 -3.09 14.97 -3.46
CEPS(Rs) -6.13 -3.31 -4.52 -2.2 -4.41 -1.15 4.69 4.7 -2.88 -3.8 -3.25
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) -46.82 -50.31 -32.76 -35.35 -39.85 -40.65 -133.6 -129.46 -132.56 -117.55 -121.01
Core EBITDA Margin(%) -47.38 -110.28 -99.87 -75.7 -109.8 -58.18 -43.94 -33.13 -34.4 -60.25 -45.22
EBIT Margin(%) -37.9 5.51 -88.14 -65.9 -203.83 -22.11 94.89 94.16 -11.74 -39.57 -23.01
Pre Tax Margin(%) -120.72 -83.41 -185.32 -90 -234.95 -73.59 58.84 59.65 -52.76 -81.31 -56.23
PAT Margin (%) -121.32 -89.85 -185.71 -90.1 -227.25 -73.53 58.64 59.21 -54.88 -81.35 -60.06
Cash Profit Margin (%) -117.75 -85.36 -181.58 -85.71 -221.82 -67.55 62.9 63.53 -50.13 -75.83 -55.57
ROA(%) -78.52 -43.05 -88.58 -38.28 -72.35 -23.5 23.25 21.59 -15.89 -21.76 -18.54
ROE(%) 0 0 0 0 0 0 0 0 0 0 0
ROCE(%) 0 0 0 0 0 0 0 0 0 0 0
Receivable days 122.18 132.84 122.25 123.44 149.68 178.6 186.76 219.77 284.79 331.48 299.8
Inventory Days 172.73 236.91 229.36 211.08 243.68 243.02 205.61 247.74 322.06 322.46 229.19
Payable days 224.22 241.28 209.55 247.77 378.04 436.16 443.02 321.88 408.61 391.71 244.4
PER(x) 0 0 0 0 0 0 4.29 1.96 0 1.73 0
Price/Book(x) -0.54 -0.57 -1.29 -1.27 -0.95 -0.7 -0.14 -0.07 -0.23 -0.22 -0.2
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 9.86 14.69 25.53 31.23 39.88 39.08 18 17.01 25.94 25.45 21.09
EV/Core EBITDA(x) -29.32 -14.4 -28.39 -108.59 -80.87 -503.76 -180.34 -524.98 -370.7 -74.75 -111.51
Net Sales Growth(%) -15.58 -23.76 1.96 2.6 -23.99 -9.66 34.29 -0.65 -22.29 -12.82 16.46
EBIT Growth(%) -24.16 110.83 -1727.3 22.95 -139.56 90.68 653.19 -1.42 -109.69 -193.77 32.3
PAT Growth(%) -18.52 44.83 -110.22 50 -95.34 72.21 202.79 0.3 -172.02 -29.23 14.02
EPS Growth(%) -18.52 44.83 -32.75 50.01 -95.37 72.21 446.93 0.62 -170.41 584.92 -123.09
Debt/Equity(x) -0.47 -0.41 -0.47 -0.93 -0.92 -0.92 -0.91 -0.95 -0.93 -0.9 -0.87
Current Ratio(x) 0.21 0.25 0.21 0.15 0.12 0.11 0.12 0.13 0.11 0.11 0.13
Quick Ratio(x) 0.13 0.15 0.14 0.12 0.09 0.08 0.09 0.09 0.08 0.08 0.1
Interest Cover(x) -0.46 0.06 -0.91 -2.73 -6.55 -0.43 2.63 2.73 -0.29 -0.95 -0.69
Total Debt/Mcap(x) 0.88 0.6 0.3 0.73 0.97 1.31 1.93 4.22 1.19 1.2 1.28

HMT Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 93.69 93.69 93.69 93.69 93.69 93.69 93.69 93.69 93.69 93.69
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 5.61 5.61 5.61 5.61 5.61 5.61 5.61
Public 6.31 6.31 6.31 0.7 0.7 0.7 0.7 0.7 0.7 0.7
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Stock is trading at -1.9 times its book value
  • Debtor days have improved from 391.71 to 244.4days.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 0% over the last 3 years.
  • Earnings include an other income of Rs. 55 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

HMT News

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Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

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Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

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