Results - Announcements
HMT Ltd share price softened by 3.47% to Rs 52.79 after the company's net profit saw a strong growth of 96.88% to Rs 57.51 crore, while revenue from operations nosedived 43.55% to Rs 16.33 crore in Q2FY27 over Q2FY26.
The market capitalization of Industrial Products industry group stocks on BSE stood at Rs 3.82 lakh crore, jumping 20.23%. It has improved by 2.69% over last one week and rallied by 19.41% in last one month while the market capitalization of HMT Ltd has marginally improved by 0.74% and 13.10% in the same period respectively.
Profit before tax (PBT) of HMT Ltd stood at Rs 57.51 crore in Q2 FY27, surging by 47.16% year-on-year, and rallying 96.88% quarter-on-quarter. EBITDA came in at Rs 70 crore, expanding by 30.37% YoY and surging by 89.90% sequentially.
Total expenses witnessed a sharp rise of 34.86% to Rs 72.57 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 7.78 crore, witnessing a sharp rise of 111.41% YoY, while employee benefits expense was at Rs 12.05 crore, plunging by 16.72% YoY.
For FY26, revenue from operations inched higher 0.24% to Rs 142.65 crore, while net profit slipped by 8.05% to Rs 131.54 crore, compared to previous FY. EBITDA tumbled by 18401% to Rs 170.33 crore, and PBT softened 7.94% to Rs 128.95 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 43.95 crore in FY26, as against Rs 46.41 crore in FY25.
HMT Ltd slipped 4.99% in last one year, significantly underperforming the benchmark BSE Sensex which has softened by 2.74% during the same period.