H.M. Electro Mech Limited

H.M. Electro Mech Limited

BBSE:HMEML
46.50
INR
-3.50
(-7.00%)
499.61MMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
34.29
45.14
74.08
85.43
114.81
96.51
- -
Basic EPS, GAAP
1.47
1.88
4.39
5.85
7.88
7.12
- -
Free Cash Flow per Basic Share
-0.35
3.68
-3.02
2.08
-5.47
0.88
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
11.31
13.19
17.58
23.43
47.78
54.9
54.9
Tangible Book Value per Share
11.31
13.19
17.58
23.43
47.78
54.9
54.9
Basic Weighted Avg Shares
14
14
14
14
11
14
14
Sales/Revenue/Turnover
470
618
1,015
1,170
1,217
1,322
- -
Operating Margin (%)
5.28
5.49
8.65
10.47
10.52
10.82
- -
Depreciation Expense
1
1
1
1
1
2
- -
Net Income, GAAP
20
26
60
80
84
97
- -
Effective Tax Rate (%)
22.91
27.14
25.59
25.75
26.83
27.06
- -
Profit Margin (%)
4.29
4.17
5.92
6.84
6.86
7.37
- -
Working Capital
95
91
177
187
398
557
557
LT Debt
- -
1
40
30
- -
59
59
Total Equity
155
181
241
321
655
752
752
Return on Invested Capital (%)
- -
14.02
26.74
23.91
15.7
12.64
- -
Return on Capital (%)
- -
14.79
25.49
24.03
15.71
12.79
- -
Return on Common Equity (%)
- -
15.38
28.52
28.52
17.12
13.86
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
78
52
92
LT Borrowings
- -
6
59
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14
14
14
Market Capitalization
850
845
500

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
668
777
1,039
Cash, Cash Equivalents & STI
24
3
76
Accounts Receivable, Net
403
409
653
Inventories
208
311
245
Total Current Liabilities
270
269
483
Payables & Accruals
- -
- -
- -
ST Debt
78
52
92
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
40.41%
14.89%
Free Cash Flow
- -
-385.14%
-120.71%
Net Income, GAAP
- -
43.04%
16.75%
Sales/Revenue/Turnover
- -
24.74%
8.67%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1,170
2025
- -
- -
1,217
2026
- -
- -
1,322

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
5.85
2025
- -
- -
7.88
2026
- -
- -
7.12

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Dipak Padmakant Pandya
Full Time Employees
518
Sector
Distribution services
Industry
Wholesale distributors
Address
Ahmedabad India
IPO Date
Jan 31, 2025
Business
H.M. Electro Mech Limited is an India-based engineering, procurement, and construction (EPC) and infrastructure solutions company specializing in electromechanical turnkey projects and water management infrastructure. Founded in 2003 as a partnership firm under the name M/s H.M. Engineers and incorporated as a public limited company in 2018, the company is headquartered in Ahmedabad, Gujarat, India. The company operates through distinct business verticals, offering comprehensive engineering solutions that include: turnkey supply, installation, testing, and commissioning of industrial pumping machinery and electromechanical equipment for irrigation, sewage, and municipal water management; civil and mechanical construction of water treatment plants, sewage treatment facilities, pump houses, and intake wells; execution of cross-country pipeline laying and water transmission networks; railway electrification, sub-station installations, and electrical infrastructure for public sector institutions and commercial banks; automation and instrumentation services featuring supervisory control and data acquisition (SCADA) and programmable logic controller (PLC) systems; long-term operation and maintenance (O&M) services for municipal and industrial water utilities; and the distribution and trading of industrial equipment, including authorized dealership of WILO Mather and Platt pumps, electric motors, power transformers, diesel generating sets, ductile iron and HDPE pipes, and electrical switchgear. The company primarily caters to government bodies, state municipal corporations, Indian Railways, and public utilities across India, with core operational density in the state of Gujarat. In recent corporate developments, H.M. Electro Mech completed its initial public offering (IPO) in January 2025, listing its equity shares on the BSE SME platform (Ticker: BSE:HMEML, Scrip Code: 544349) and raising approximately INR 27.74 crore to support working capital requirements and corporate expansion. Expanding its footprint in renewable infrastructure, the company secured a turnkey EPC contract valued at INR 15.75 crore from Twinsag Enterprise LLP for the design, engineering, procurement, supply, erection, testing, and commissioning of a 15 MW solar photovoltaic project, inclusive of a three-year operation and maintenance agreement.