HMT Share Price ₹61.3

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of HMT

Quarter-by-quarter operating performance

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales +	38	108	46	36	32	49	32	42	29	40	25	26	21
Expenses +	55	137	68	57	55	94	53	65	46	104	46	63	44
Operating Profit	-17	-29	-22	-20	-23	-46	-21	-23	-17	-64	-21	-37	-23
OPM %	-44%	-27%	-47%	-56%	-71%	-93%	-67%	-55%	-57%	-162%	-86%	-145%	-111%
Other Income +	16	23	11	10	10	2,703	14	12	-15	52	13	16	15
Interest	17	16	17	17	17	18	20	14	17	19	18	16	18
Depreciation	2	4	2	2	2	2	2	2	2	1	2	2	2
Profit before tax	-20	-26	-30	-29	-32	2,638	-29	-27	-51	-33	-28	-39	-27
Tax %	0%	31%	0%	0%	0%	-0%	0%	0%	0%	9%	0%	0%	0%
Net Profit +	-20	-34	-30	-29	-32	2,641	-29	-27	-51	-36	-28	-39	-27
EPS in Rs	-0.56	-0.94	-0.84	-0.81	-0.89	74.27	-0.81	-0.76	-1.44	-1.01	-0.78	-1.10	-0.77

Financials of HMT

Annual income statement trend

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales +	269	275	228	190	195	263	260	204	176	204	163	142	111
Expenses +	593	567	307	727	318	275	299	274	261	298	274	268	257
Operating Profit	-324	-292	-79	-537	-123	-12	-39	-70	-85	-94	-110	-125	-146
OPM %	-120%	-106%	-34%	-283%	-63%	-5%	-15%	-35%	-49%	-46%	-68%	-88%	-132%
Other Income +	353	40	-136	47	48	245	271	58	702	57	2,735	62	96
Interest	262	291	53	62	66	67	65	84	74	69	68	70	70
Depreciation	13	12	10	11	10	9	10	10	10	9	8	7	7
Profit before tax	-246	-556	-278	-562	-151	156	157	-105	533	-115	2,548	-140	-127
Tax %	8%	0%	0%	-3%	-0%	0%	1%	4%	0%	7%	-0%	2%
Net Profit +	-265	-557	-278	-544	-151	155	156	-110	533	-123	2,551	-143	-130
EPS in Rs	-3.48	-4.63	-2.31	-4.52	-1.26	4.36	4.38	-3.09	14.97	-3.46	71.73	-4.02	-3.66
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Financials of HMT

Capital structure and asset base

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	760	1,204	1,204	1,204	1,204	356	356	356	356	356	356	356	356
Reserves	-4,142	-5,149	-5,461	-6,002	-6,098	-5,107	-4,959	-5,069	-4,536	-4,659	-2,108	-2,254	-2,322
Borrowings +	1,973	2,205	323	4,401	4,514	4,344	4,376	4,405	3,753	3,764	1,029	1,029	1,029
Other Liabilities +	2,100	2,413	4,770	1,094	1,027	1,155	976	1,009	1,087	1,251	1,344	1,413	1,458
Total Liabilities	691	673	836	697	647	748	748	700	660	711	622	544	521
Fixed Assets +	112	94	88	76	66	59	66	60	53	44	40	36	33
CWIP	13	13	7	9	11	15	7	6	7	4	3	2	2
Investments	1	1	1	1	1	0	0	0	0	0	0	0	0
Other Assets +	565	565	740	611	569	673	675	635	600	663	578	506	486
Total Assets	691	673	836	697	647	748	748	700	660	711	622	544	521

Financials of HMT

Operating, investing and financing cash movement

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	-170	-223	-117	-661	-108	-43	-269	-71	-50	103	-847	-46
Cash from Investing Activity +	5	7	-1	5	8	298	188	-27	45	-28	-48	30
Cash from Financing Activity +	244	207	354	541	84	-246	-35	7	-7	4	828	-7
Net Cash Flow	79	-9	236	-115	-16	8	-116	-92	-13	79	-67	-24
Free Cash Flow	-170	-223	-122	-662	-109	243	-11	-73	-55	98	-850	-48
CFO/OP	52%	76%	148%	127%	87%	-102%	602%	100%	54%	-115%	-0%	34%

Financials of HMT

Working capital efficiency and return ratios

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	124	145	160	185	196	231	211	302	323	333	300	318
Inventory Days	833	758	638	1,029	1,148	1,243	754	720	667	412	585	640
Days Payable	245	214	304	508	528	628	405	390	361	254	453	476
Cash Conversion Cycle	713	689	494	706	816	846	560	632	630	491	432	483
Working Capital Days	-2,231	-2,581	-6,931	-8,622	-8,680	-6,531	-6,544	-8,803	-9,124	-8,194	-4,246	-5,129
ROCE %

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HMT Share Price & Earnings Call Analysis