# HMT share price today (HMT Ltd, NSE: HMT)

> HMT share price today: ₹52.40 at the NSE close on 30 October 2026, down 6.6% in a year. HMT (NSE: HMT) trades at a P/E of 11.8 and has closed between ₹41.51 and ₹70.00 over the past 52 weeks. > HMT Ltd's balance sheet is under water: its net worth is negative, so it owes more than it owns. This is a high-risk situation: shareholders can be wiped out by new shares or a restructuring before the business recovers. HMT · Auto - Tractors · data as of 30 October 2026. Page: https://www.sectoralpha.in/stocks/hmt-ltd

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## Key numbers

- Price: ₹52.40 (−6.6% in a year)
- P/E: 11.8× (higher than 74% of the last 1 year)
- Revenue (Jun 2026): ₹29.0 Cr (+16.0% on a year ago)
- Profit (Jun 2026): −₹29.0 Cr
- Operating margin: −81.0% (+5.0 points on a year ago)
- ROCE: 2%, FY25

The main question: profits are rising, but only −36% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the HMT share price today? HMT Ltd's share price was ₹52.40 at the close on 30 October 2026. It has been rising for 30 weeks. That is 11.0% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹42 and ₹70, and at that close it sat 38% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 8 weeks running. Over the last 11 years the share price moved +10% while the NIFTY 500 moved +249%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 4 September 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at HMT this quarter? One change stood out: operating margin up 5 points on a year earlier. 1. Operating margin up 5 points on a year earlier -81% in the June 2026 quarter, from -86%. ## What dividend does HMT pay? HMT has paid no dividend on the NSE since 1 April 2021, the start of the period we checked. No. HMT Ltd paid out 0% of its profit as dividends in each of its last 13 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate. (From the NSE corporate-actions record, read 4 November 2026.)

## What are HMT's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), HMT reported revenue of ₹29.0 crore, up 16.0% from ₹25.0 crore a year earlier, and a loss of ₹29.0 crore. ### HMT results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹29.0 crore | ₹25.0 crore | +16.0% |
| Profit | loss of ₹29.0 crore | loss of ₹28.0 crore | n/a |
| Earnings per share | ₹−0.82 | ₹−0.78 | n/a |
| Operating margin | −81.0% | −86.0% | +5.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the HMT share price history? HMT closed at ₹52.40 on 30 October 2026, down 6.6% from ₹56.10 a year earlier (31 October 2025) and up 86.8% over five years. Its highest weekly close since March 2016 was ₹97.56 on 2 August 2024. ### HMT share price: then and now

| When | Close | Change to 30 Oct 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹51.30 | +2.1% |
| 1 month ago · 1 Oct 2026 | ₹59.00 | −11.2% |
| 6 months ago · 30 Apr 2026 | ₹60.43 | −13.3% |
| 1 year ago · 31 Oct 2025 | ₹56.10 | −6.6% |
| 3 years ago · 27 Oct 2023 | ₹57.82 | −9.4% |
| 5 years ago · 29 Oct 2021 | ₹28.05 | +86.8% |
| 10 years ago · 30 Oct 2016 | ₹40.80 | +28.4% |
| Earliest weekly close in our records · 4 Mar 2016 | ₹47.70 | +9.9% |
| Highest weekly close since March 2016 · 2 Aug 2024 | ₹97.56 | −46.3% |
| Lowest weekly close since March 2016 · 27 Mar 2020 | ₹7.87 | +565.8% |
| 52-week high (weekly close) · 24 Jun 2026 | ₹70.00 | −25.1% |
| 52-week low (weekly close) · 23 Jan 2026 | ₹41.51 | +26.2% |

Weekly closing prices. Each change is the move from that price to the 30 Oct 2026 close. A day's intraday high or low can go beyond these weekly closes. (562 weekly closes from 4 March 2016 to 30 October 2026.)

## What is the latest news on HMT? 30 Oct 2026: HMT closed at ₹52.40, up 2.1% on the week and down 11.2% on the month. Results for April to June 2026: Revenue up 16.0% on a year earlier. ## Which stock lists is HMT on? HMT is on one of our India lists: Penny stocks. [Penny stocks](https://www.sectoralpha.in/penny-stocks-india)

## Is HMT profitable? HMT Ltd posted a net loss of ₹29.0 Cr in the Jun 2026 quarter. The full FY26 year was a loss of ₹132 Cr. That loss is 100.0% of the quarter's revenue. The same quarter a year earlier lost ₹28.0 Cr. 11 of the last 12 reported quarters were loss-making. ## How much revenue does HMT make, and is it growing? HMT Ltd reported ₹29.0 Cr of revenue in the Jun 2026 quarter, +16.0% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 10 years it has grown −4.6% a year on average. The last full year, FY26, came in at ₹143 Cr. The last four reported quarters add to ₹147 Cr. FY26 revenue was ₹143 Cr, +0.7% on the year before. Recent pace: the last four quarters grew +6.9% on average, against −4.6% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +8.1%, against −0.7% a year over the last 8 quarters (accelerating). ## How much of every ₹100 of sales does HMT keep? HMT Ltd's operating margin was −81.0% in the Jun 2026 quarter, 5.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between −283.0% and −4.6%. The latest quarter is within that range. Why the margin moved: operating margin changed +4.6 percentage points on the year while gross margin changed −16.1 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is HMT's profit turning into cash? Over the last 3 years HMT Ltd's operations used more cash than they brought in, so cash conversion was −36%, a gap worth watching. In FY26 it brought in ₹44.0 Cr of operating cash against −₹132 Cr of profit. After ₹1.0 Cr of spending on assets, ₹43.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does HMT's cash go? HMT Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹143 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹6.0 Cr on assets over the last 3 years. Averaged over those years that is 1.4% of FY26 revenue a year. Spending on assets: ₹6.0 Cr over the last 3 years, against ₹22.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹2.0 Cr (FY26): assets paid for that are not earning yet. In short: most of the cash goes on covering the loss, not on new assets; spending on assets is small next to it. ## What is HMT's P/E ratio, and how does it compare with its own history? HMT Ltd's P/E is 11.8×, near the high end of its own history: higher than 74% of past readings. Its usual P/E (the middle reading) is 10.1×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the HMT business getting better or worse? HMT Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The return-on-capital line is not shown: net worth is negative, so a return on capital means nothing. The balance sheet is in distress, and this reading uses the growth lines alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does HMT earn on its capital? HMT Ltd earned a ROCE of 2% in FY25. That is up from a low of −52% in FY17. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a −92.3% net margin and 0.26× asset turnover (sales divided by assets). Why the return is what it is (FY26): a −92.3% net margin × 0.26× asset turnover × −0.27× leverage (assets divided by equity) ≈ 6.5% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. ## Does HMT have too much debt? HMT Ltd's net worth is negative: it owes more than it owns, so a debt-to-equity ratio means nothing here. Year by year, that ratio went from −0.80 in FY21 to −0.53 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the HMT shareholding pattern? No group of HMT Ltd's owners changed its stake by a full percentage point over the last two years. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: +0.0 points over 8 quarters, to 93.7%. ## How far is HMT from balance-sheet trouble? For HMT Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does HMT rank in its industry? 38.6 out of 100, rank 4 of 4 in Auto - Tractors, with 71% of the evidence available. HMT Ltd scores 38.6 out of 100 against the 4 companies it is compared with in Auto - Tractors, ranking 4. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 16.9 + 0 + 10 + 11.7 = 38.6. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is HMT compared with? HMT ranks 4 of 4 Auto - Tractors companies on the 4-Factor Sector Score, with 38.6 out of 100. 1. [Escorts Kubota Ltd](https://www.sectoralpha.in/stocks/escorts-kubota-ltd) ESCORTS · quiet · Evidence leans up · 64% evidence 50.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.7/35 · Revenue 20.4% · Profit -41.4% · Operating margin change -2 points · 95% evidence Capital efficiency 13.1/25 · ROCE 13.9% · Operating margin 11% · 76% evidence Valuation 12.5/20 · P/E 20.2× · PEG n/a · 35% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -14.9% · 1 year -32% · 25% evidence · 2 of 12 weeks ahead Exact sum: 17.7 + 13.1 + 12.5 + 7.5 = 50.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [VST Tillers Tractors Ltd](https://www.sectoralpha.in/stocks/vst-tillers-tractors-ltd) VSTTILLERS · quiet · Evidence leans down · 82% evidence 46.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.1/35 · Revenue 17.1% · Profit -5.3% · Operating margin change 0 points · 100% evidence Capital efficiency 14.0/25 · ROCE 13.7% · Operating margin 13% · 100% evidence Valuation 10.7/20 · P/E 30.6× · PEG 1.7 · 85% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -18.9% · 1 year -35.7% · 25% evidence · 1 of 12 weeks ahead Exact sum: 14.1 + 14 + 10.7 + 7.5 = 46.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Indo Farm Equipment Ltd](https://www.sectoralpha.in/stocks/indo-farm-equipment-ltd) INDOFARM · quiet · Evidence leans down · 75% evidence 42.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.7/35 · Revenue 11.1% · Profit -6% · Operating margin change -0.6 points · 100% evidence Capital efficiency 9.2/25 · ROCE 7.7% · Operating margin 13.1% · 100% evidence Valuation 15.0/20 · P/E 22.3× · PEG 0.38 · 50% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -20.5% · 1 year -50.7% · 25% evidence · 4 of 12 weeks ahead Exact sum: 10.7 + 9.2 + 15 + 7.5 = 42.4 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 4. HMT Ltd this page HMT · quiet · Evidence leans down · 71% evidence 38.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.9/35 · Revenue 8.1% · Profit 7% · Operating margin change 5 points · 74% evidence Capital efficiency 0.0/25 · ROCE 4.4% · Operating margin -81% · 100% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 11.7/20 · Lead over its industry 12.9% · Lead over NIFTY 500 -3.2% · 1 year -6.6% · 100% evidence · 3 of 12 weeks ahead Exact sum: 16.9 + 0 + 10 + 11.7 = 38.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Auto - Tractors](https://www.sectoralpha.in/sectors/auto-tractors), all 4 compared on one page. ## Which companies are close to HMT in size? HMT is the 3rd largest of 4 Auto - Tractors companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Escorts Kubota and VST Tillers Tractors. Just below it: Indo Farm Equipment. ### Auto - Tractors companies close in size

1. [Escorts Kubota Ltd](https://www.sectoralpha.in/stocks/escorts-kubota-ltd) ₹28,824 crore
2. [VST Tillers Tractors Ltd](https://www.sectoralpha.in/stocks/vst-tillers-tractors-ltd) ₹3,330 crore
3. HMT Ltd ₹1,831 crore
4. [Indo Farm Equipment Ltd](https://www.sectoralpha.in/stocks/indo-farm-equipment-ltd) ₹555 crore

[All 4 Auto - Tractors companies, largest first](https://www.sectoralpha.in/sectors/auto-tractors#all-companies)

### Companies close in size in other industries

1. [Behari Lal Engineering Ltd](https://www.sectoralpha.in/stocks/behari-lal-engineering-ltd) ₹1,840 crore
2. [Technocraft Ventures Ltd](https://www.sectoralpha.in/stocks/technocraft-ventures-ltd) ₹1,835 crore
3. HMT Ltd ₹1,831 crore
4. [Bombay Dyeing & Manufacturing Company Ltd](https://www.sectoralpha.in/stocks/bombay-dyeing-manufacturing-company-ltd) ₹1,822 crore · Textiles - Processing/Texturising
5. [Landmark Cars Ltd](https://www.sectoralpha.in/stocks/landmark-cars-ltd) ₹1,817 crore · Retail - Vehicles

## What else do people ask about HMT? ### What were HMT's latest quarterly results? HMT Ltd reported revenue of ₹29.0 Cr and a net loss of ₹29.0 Cr for the Jun 2026 quarter. Earnings per share were −₹0.82. The operating margin was −81.0%, 5.0 percentage points higher than a year earlier (as of 30 October 2026). ### What is HMT's market cap? HMT Ltd's market capitalisation is ₹1,831 Cr at a share price of ₹52.40. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 30 October 2026). ### How is HMT performing? HMT Ltd's share price has been rising for 30 weeks. Over the past 13 weeks it has done worse than the NIFTY 500, for 8 weeks running. This describes what the data did, not a rating (as of 30 October 2026). ### Will HMT's share price go up? This page does not forecast HMT Ltd's share price. What it shows instead: the share price is ₹52.40, and it has been rising for 30 weeks. Its P/E of 11.8× is higher than 74% of its own last 2 years (as of 30 October 2026). ### Where is HMT in its business cycle? HMT Ltd's FY26 operating margin was −78.0%, against a 13-year range of −283.0% to −4.6%: the middle of its own range, neither a peak nor a low. The latest quarter was −81.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 30 October 2026). ### What could break the HMT story? The main question: profits are rising, but only −36% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 30 October 2026). ### Is HMT a stock worth studying right now? What the numbers show: HMT Ltd's balance sheet is under water: its net worth is negative, so it owes more than it owns. This is a high-risk situation: shareholders can be wiped out by new shares or a restructuring before the business recovers. The main open question: whether the business can earn its way back to positive net worth before new shares or a restructuring get there first. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 30 October 2026). ## Lists

- Penny stocks: https://www.sectoralpha.in/penny-stocks-india

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