H.M. Electro Mech Ltd
₹ 57.5
0.79%
05 Dec
- close price
About
Incorporated in 2003, H.M. Electro Mech Limited is an infrastructure firm specializing in turnkey projects, commissioning of pumping machinery, and providing comprehensive operation and maintenance services.[1]
Key Points
- Market Cap ₹ 78.8 Cr.
- Current Price ₹ 57.5
- High / Low ₹ 101 / 50.0
- Stock P/E 10.7
- Book Value ₹ 49.5
- Dividend Yield 0.00 %
- ROCE 22.4 %
- ROE 17.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.16 times its book value
- Company has delivered good profit growth of 34.3% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 75.4 days to 112 days
* 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.
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 55 | 47 | 62 | 101 | 117 | 122 | 110 | |
| 52 | 44 | 58 | 93 | 105 | 109 | 99 | |
| Operating Profit | 3 | 3 | 4 | 9 | 12 | 13 | 11 |
| OPM % | 5% | 6% | 6% | 9% | 11% | 11% | 10% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 0 | 1 | 2 | 2 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 3 | 3 | 4 | 8 | 11 | 11 | 10 |
| Tax % | 25% | 23% | 27% | 26% | 26% | 27% | |
| 2 | 2 | 3 | 6 | 8 | 8 | 7 | |
| EPS in Rs | 1.93 | 2.02 | 2.58 | 6.01 | 8.01 | 6.10 | 5.39 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 25% |
| TTM: | 4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 34% |
| 3 Years: | 48% |
| TTM: | 4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 23% |
| Last Year: | 17% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 14 | 14 |
| Reserves | 3 | 5 | 8 | 14 | 22 | 52 | 54 |
| 3 | 2 | 0 | 6 | 12 | 8 | 6 | |
| 16 | 15 | 26 | 34 | 31 | 24 | 29 | |
| Total Liabilities | 32 | 32 | 44 | 64 | 75 | 97 | 103 |
| 0 | 0 | 0 | 0 | 0 | 2 | 2 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 32 | 31 | 44 | 64 | 74 | 95 | 101 | |
| Total Assets | 32 | 32 | 44 | 64 | 75 | 97 | 103 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 2 | -0 | 5 | -4 | 3 | -6 | |
| 0 | 2 | -3 | -1 | -9 | -11 | |
| -4 | -0 | -1 | 5 | 4 | 19 | |
| Net Cash Flow | -2 | 1 | 1 | -0 | -2 | 2 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 129 | 143 | 123 | 113 | 90 | 121 |
| Inventory Days | 1 | 2 | 44 | 65 | 87 | 76 |
| Days Payable | 107 | 119 | 162 | 131 | 84 | 55 |
| Cash Conversion Cycle | 22 | 26 | 5 | 46 | 93 | 142 |
| Working Capital Days | 36 | 63 | 42 | 56 | 58 | 112 |
| ROCE % | 16% | 20% | 37% | 33% | 22% |
Documents
Announcements
-
Disclosure Of Statement Of Deviation And Variation Under Regulation 32 Of SEBI LODR 2015.
13 Nov - H.M. Electro Mech: Statement of deviations for Rs.2,774.40 lakh issue dated 31/01/2025; 21.68 lakh working-capital deviation.
- Unaudited Financial Result As On 30.09.2025 13 Nov
-
Board Meeting Outcome for Outcome Of Board Meeting Announcing Unaudited Financial Results As On 30.09.2025.
13 Nov - Board approved H1 results (30 Sep 2025): PAT Rs.236.90 lakh; limited review attached.
-
Board Meeting Intimation for Meeting Of Board Of Director Of The Company To Be Held On 13Th November, 2025.
4 Nov - Board meeting on 13 Nov 2025 to approve unaudited H1 results for period ended 30 Sep 2025.
-
Announcement under Regulation 30 (LODR)-Resignation of Director
1 Nov - Ms. Riya Vipulbhai Kanani resigned as Non-Executive Independent Director effective 01.11.2025 (personal reasons).
Business Overview[1]
H.M. Electro Mech Limited (HMEL) specializes in turnkey projects, including supply, installation, testing, and commissioning (SITC) of pumping machinery. It offers comprehensive O&M services and handles infrastructure projects such as water supply schemes and railway electrification.
HMEL also undertakes EPC projects involving pipelines, water treatment plants, pump house construction, and PLC-SCADA systems, along with selling pumps, pipes, transformers, motors, and accessories.