HMT Ltd. (HMT) AI Stock Analysis

• Market Cap: ₹66.79B
• Dividend Yield: N/A
• Average Volume (3M): 7.22K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.16
• Revenue Growth: -22.76%
• EPS Growth: -106.03%
• Country: IN
• Employees: 714
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Agricultural - Machinery
• EPS (TTM): -1.10
• Shares Outstanding: 1,204,091,700
• 10 Day Avg. Volume: 2,825
• 30 Day Avg. Volume: 7,225
• PEG Ratio: 0.38
• Price to Book (P/B): -3.03
• Price to Sales (P/S): 40.47
• P/FCF Ratio: -118.45
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 40 Underperform
• Price Target: ₹50.00 ▲(5.33% Upside)

HMT Ltd.'s overall stock score is primarily impacted by its poor financial performance, with significant challenges in profitability, leverage, and cash flow. Technical analysis indicates bearish momentum, further weighing on the stock. The negative P/E ratio and lack of dividend yield highlight valuation concerns. These factors collectively suggest a high-risk investment with limited upside potential.

Positive Factors

Diverse Product Portfolio

A diversified product portfolio across sectors like automotive, aerospace, and agriculture provides HMT with multiple revenue streams, reducing dependency on a single market and enhancing resilience against sector-specific downturns.

Strategic Partnerships

Strategic partnerships and long-term contracts help stabilize revenue, foster innovation, and strengthen market position, providing HMT with a competitive edge and ensuring steady income even in volatile markets.

Commitment to Innovation

Continuous innovation and focus on quality assurance enable HMT to maintain competitiveness, attract a loyal customer base, and adapt to changing market demands, supporting long-term growth and market relevance.

Negative Factors

Declining Profitability

Declining profitability and revenue volatility indicate operational inefficiencies and market challenges, potentially impacting HMT's ability to sustain growth and invest in future opportunities.

High Leverage

High leverage and negative equity suggest financial distress, limiting HMT's ability to raise capital and invest in growth initiatives, potentially affecting long-term sustainability and financial flexibility.

Negative Cash Flows

Negative cash flows indicate challenges in generating sufficient cash from operations, which may hinder HMT's ability to cover expenses, invest in growth, and meet financial obligations, threatening long-term viability.

HMT Ltd. Business Overview & Revenue Model

Company Description

HMT Ltd. (HMT) is a leading provider of advanced manufacturing solutions, primarily focusing on the development and production of high-precision machine tools, industrial equipment, and automation solutions. Operating in the manufacturing and engineering sector, HMT serves a diverse range of industries including aerospace, automotive, and defense. The company is committed to innovation and quality, offering a portfolio of products that includes CNC machines, gear cutting equipment, and specialized tooling solutions aimed at enhancing productivity and efficiency for its clients.

How the Company Makes Money

HMT generates revenue through the sale of its core products, including machine tools and industrial equipment, which account for a significant portion of its earnings. The company also offers maintenance services, spare parts, and training programs, creating additional revenue streams. Key partnerships with major manufacturers and suppliers in the industry allow HMT to expand its reach and improve its product offerings. Furthermore, HMT benefits from government contracts and projects in sectors like defense and aerospace, which provide stable income sources. The company's focus on innovation and customer service enhances its competitive position and contributes to its overall financial performance.

HMT Ltd. Financial Statement Overview

Summary

HMT Ltd. is facing critical financial challenges. The income statement shows declining profitability and revenue volatility. The balance sheet reflects high leverage and negative equity, signaling financial distress. Cash flow is weak, with negative operating and free cash flows, indicating liquidity issues. These factors collectively suggest significant financial instability and potential risks in sustaining operations.

Income Statement

The income statement reveals significant challenges. Gross profit margins have declined over the years, and the company is experiencing substantial net losses, particularly in the latest year with a net loss of over 1.4 billion. EBIT and EBITDA margins are negative, indicating operating inefficiencies. Revenue has also shown volatility, with a notable decrease in recent years, highlighting potential issues in sustaining sales levels.

Balance Sheet

The balance sheet indicates a precarious financial position. The company has a negative stockholders' equity, which continued to worsen, reflecting financial instability. The debt-to-equity ratio is unreliable due to negative equity, but the high level of total debt relative to assets suggests significant leverage. The equity ratio is negative, reinforcing concerns about the company's financial solvency.

Cash Flow

Cash flow analysis shows severe cash management issues. Operating cash flow has been negative in most years, and free cash flow is consistently negative, pointing to challenges in generating cash from operations and covering capital expenditures. The free cash flow to net income ratio is not favorable, indicating operational cash flow does not align with income levels.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.35B	1.42B	1.63B	2.04B	1.76B	2.04B
Gross Profit	609.00M	633.80M	652.60M	622.10M	660.25M	800.32M
EBITDA	-643.90M	-629.40M	-566.71M	-386.55M	-609.69M	-145.53M
Net Income	-1.42B	-1.43B	25.51B	-1.23B	5.32B	-1.10B
Balance Sheet
Total Assets	0.00	5.26B	6.04B	6.96B	6.41B	6.83B
Cash, Cash Equivalents and Short-Term Investments	2.06B	2.10B	2.47B	2.54B	1.36B	1.91B
Total Debt	0.00	10.29B	10.29B	37.64B	37.53B	37.48B
Total Liabilities	18.98B	24.24B	23.56B	49.99B	48.21B	53.97B
Stockholders Equity	-18.98B	-18.98B	-17.52B	-43.03B	-41.80B	-47.14B
Cash Flow
Free Cash Flow	0.00	-486.20M	-8.51B	971.80M	-551.54M	-380.28M
Operating Cash Flow	0.00	-464.10M	-8.47B	1.03B	-504.35M	-359.60M
Investing Cash Flow	0.00	300.00M	-439.80M	-276.80M	445.11M	-186.63M
Financing Cash Flow	0.00	-74.50M	8.28B	35.90M	-74.29M	71.17M

HMT Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 47.47
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HMT, the sentiment is Negative. The current price of 47.47 is below the 20-day moving average (MA) of 52.17, below the 50-day MA of 55.33, and below the 200-day MA of 56.49, indicating a bearish trend. The MACD of -1.78 indicates Positive momentum. The RSI at 29.31 is Positive, neither overbought nor oversold. The STOCH value of 12.12 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:HMT.

HMT Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ESCORTS	72 Outperform	₹420.14B	17.79	―	0.73%	15.71%	101.96%
ACE	65 Neutral	₹121.77B	29.11	―	0.21%	4.95%	14.36%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
VSTTILLERS	58 Neutral	₹52.79B	46.00	―	0.36%	21.88%	-20.20%
JISLDVREQS	54 Neutral	₹30.75B	33.50	―	―	5.79%	9.84%
HMT	40 Underperform	₹66.79B	-13.90	―	―	-22.76%	-106.03%
TIL	38 Underperform	₹18.72B	―	―	―	80.70%	-100.87%

HMT Ltd. Corporate Events

HMT Limited Concludes 72nd AGM with Key Resolutions

HMT Limited held its 72nd Annual General Meeting on November 7, 2025, via video conferencing, where shareholders were provided with e-voting facilities to participate in decision-making. Key resolutions included the adoption of financial statements, re-appointment of directors, and the appointment of new independent directors and auditors, indicating strategic governance and operational continuity.

HMT Limited Announces 72nd AGM and E-Voting Details

HMT Limited has announced the publication of a notice regarding its 72nd Annual General Meeting (AGM) and e-voting information in several newspapers, including ‘Financial Express’, ‘Hosadiganta’, and ‘Rajasthan Patrika’. This announcement is part of the company’s compliance with the SEBI regulations on listing obligations and disclosure requirements, ensuring transparency and accessibility for its stakeholders.

HMT Limited Faces Fines for Board Non-Compliance

HMT Limited has announced a delay or default in the payment of fines imposed by the BSE Limited and National Stock Exchange of India Limited due to non-compliance with certain SEBI regulations regarding the composition of its Board of Directors and committees. The company is seeking a waiver of these fines and has requested the Indian government to appoint the necessary independent directors to meet regulatory requirements. This situation highlights the challenges HMT faces in maintaining compliance and the potential impact on its governance and operations.