Alpine Housing Development Corporation Ltd
Incorporated in 1992, Alpine Housing Development Corporation Ltd is in the business of Property development, Construction and Railway Concrete Sleepers SG & Grey Iron Castings[1]
- Market Cap ₹ 162 Cr.
- Current Price ₹ 93.7
- High / Low ₹ 181 / 86.8
- Stock P/E 28.0
- Book Value ₹ 49.0
- Dividend Yield 0.00 %
- ROCE 8.57 %
- ROE 6.30 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 7.86% over past five years.
- Company has a low return on equity of 4.30% over last 3 years.
- Company has high debtors of 248 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.
Peer comparison
Consumer Discretionary Realty Realty Residential, Commercial Projects
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 39.19 | 16.41 | 23.99 | 27.70 | 30.25 | 30.96 | 40.54 | 42.16 | 44.89 | 47.68 | 54.88 | 59.19 | 70.27 | |
| 36.78 | 14.51 | 18.48 | 23.01 | 25.37 | 25.17 | 34.50 | 36.38 | 39.85 | 43.06 | 50.41 | 49.78 | 60.36 | |
| Operating Profit | 2.41 | 1.90 | 5.51 | 4.69 | 4.88 | 5.79 | 6.04 | 5.78 | 5.04 | 4.62 | 4.47 | 9.41 | 9.91 |
| OPM % | 6.15% | 11.58% | 22.97% | 16.93% | 16.13% | 18.70% | 14.90% | 13.71% | 11.23% | 9.69% | 8.15% | 15.90% | 14.10% |
| 1.06 | 1.27 | 1.18 | 1.04 | 1.43 | 1.21 | 1.33 | 0.98 | 0.60 | 1.08 | 2.66 | -0.08 | -0.08 | |
| Interest | 0.67 | 0.54 | 0.62 | 1.15 | 1.85 | 2.44 | 2.71 | 2.63 | 2.55 | 2.17 | 2.10 | 2.05 | 1.79 |
| Depreciation | 1.10 | 1.10 | 0.84 | 0.86 | 0.71 | 0.80 | 0.79 | 0.70 | 0.56 | 0.75 | 0.96 | 1.09 | 1.20 |
| Profit before tax | 1.70 | 1.53 | 5.23 | 3.72 | 3.75 | 3.76 | 3.87 | 3.43 | 2.53 | 2.78 | 4.07 | 6.19 | 6.84 |
| Tax % | 12.35% | 6.54% | 22.56% | 18.55% | 16.53% | 21.54% | 14.99% | 16.91% | 17.79% | 14.39% | 15.72% | 18.26% | |
| 1.49 | 1.44 | 4.05 | 3.03 | 3.13 | 2.96 | 3.29 | 2.84 | 2.08 | 2.38 | 3.43 | 5.06 | 5.74 | |
| EPS in Rs | 0.86 | 0.83 | 2.34 | 1.75 | 1.81 | 1.71 | 1.90 | 1.64 | 1.20 | 1.37 | 1.98 | 2.92 | 3.31 |
| Dividend Payout % | 43.62% | 45.14% | 19.24% | 21.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 8% |
| 3 Years: | 10% |
| TTM: | 19% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 8% |
| 3 Years: | 35% |
| TTM: | 47% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 47% |
| 3 Years: | -3% |
| 1 Year: | -16% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 4% |
| 3 Years: | 4% |
| Last Year: | 6% |
Balance Sheet
Figures in Rs. Crores
| 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 | 6.50 | 6.50 | 12.99 | 12.99 | 12.99 | 17.32 | 17.32 | 17.32 | 17.32 | 17.32 | 17.32 | 17.32 | 17.32 |
| Reserves | 46.80 | 47.45 | 44.01 | 47.04 | 49.39 | 48.02 | 51.32 | 54.16 | 56.24 | 58.62 | 62.05 | 66.25 | 67.47 |
| 26.23 | 38.87 | 41.20 | 52.96 | 67.99 | 59.48 | 44.44 | 41.35 | 44.19 | 21.56 | 16.92 | 14.39 | 12.90 | |
| 40.73 | 42.00 | 62.41 | 61.50 | 59.71 | 66.12 | 71.75 | 53.43 | 39.97 | 48.11 | 44.21 | 48.44 | 59.54 | |
| Total Liabilities | 120.26 | 134.82 | 160.61 | 174.49 | 190.08 | 190.94 | 184.83 | 166.26 | 157.72 | 145.61 | 140.50 | 146.40 | 157.23 |
| 14.72 | 14.48 | 14.82 | 14.20 | 12.52 | 12.21 | 11.92 | 11.43 | 11.22 | 10.68 | 14.76 | 14.93 | 15.56 | |
| CWIP | 0.77 | 0.87 | 0.02 | 0.02 | 0.00 | 0.00 | 0.00 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.11 | 0.13 | 0.17 | 0.18 | 0.15 |
| 104.73 | 119.43 | 145.73 | 160.23 | 177.52 | 178.69 | 172.87 | 154.72 | 146.39 | 134.80 | 125.57 | 131.29 | 141.52 | |
| Total Assets | 120.26 | 134.82 | 160.61 | 174.49 | 190.08 | 190.94 | 184.83 | 166.26 | 157.72 | 145.61 | 140.50 | 146.40 | 157.23 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 37.12 | -12.22 | 0.96 | -14.50 | -14.67 | 9.90 | 14.42 | 4.29 | -1.95 | 20.84 | 10.33 | 5.41 | |
| -6.90 | -0.78 | -0.21 | -0.21 | 1.15 | -0.03 | -0.91 | -0.05 | 0.17 | 0.13 | -3.87 | 0.05 | |
| -30.08 | 12.94 | 2.90 | 11.62 | 14.94 | -8.84 | -15.04 | -4.17 | 1.60 | -22.39 | -4.30 | -4.59 | |
| Net Cash Flow | 0.14 | -0.07 | 3.64 | -3.08 | 1.42 | 1.03 | -1.53 | 0.06 | -0.18 | -1.41 | 2.16 | 0.87 |
Ratios
Figures in Rs. Crores
| 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 | 135.61 | 468.43 | 193.23 | 186.45 | 178.58 | 154.32 | 180.70 | 229.25 | 260.76 | 271.30 | 173.79 | 248.33 |
| Inventory Days | 1,072.76 | 7,426.49 | 7,694.28 | 2,267.13 | 2,170.96 | 1,501.80 | 1,028.80 | 1,092.37 | 483.09 | |||
| Days Payable | 210.69 | 364.37 | 308.40 | 130.79 | 39.94 | 37.26 | 38.13 | 40.47 | 7.84 | |||
| Cash Conversion Cycle | 997.68 | 468.43 | 193.23 | 186.45 | 7,240.70 | 7,540.21 | 2,317.04 | 2,360.27 | 1,725.30 | 1,261.97 | 1,225.69 | 723.58 |
| Working Capital Days | 352.71 | 1,189.09 | 794.66 | 1,098.03 | 961.31 | 989.25 | 634.65 | 615.89 | 665.77 | 496.21 | 411.29 | 372.21 |
| ROCE % | 2.80% | 2.40% | 6.25% | 4.62% | 4.50% | 4.87% | 5.69% | 5.39% | 4.41% | 4.64% | 5.22% | 8.57% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
7h - Newspaper publications on Notice of Special window
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Newspaper publication of extract of financials at 31 December 2025
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Unaudited Financial Results At 31 December 2025
13 Feb - Board approved unaudited results for quarter ended 31-Dec-2025: revenue Rs2,223.83 lakh, PBT Rs257.01 lakh.
-
Board Meeting Outcome for Outcome Of Board Meeting
13 Feb - Unaudited Q3 (31-Dec-2025) results: revenue Rs2,223.83L, PAT Rs216.94L; limited review submitted.
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Board Meeting Intimation for Approval Of Unaudited Financial Results For The Quarter Ended 31 December 2025
5 Feb - Board meeting on 13 Feb 2026 to approve unaudited Q3 results; trading window closed Jan 1–Feb 15.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Projects Undertaken:[1][2]
a) Alpine Vistula
b) Alpine Tulip
c) Alpine Apartments
d) Alpine Park
e) Alpine View
f) Alpine Arch
g) Alpine Court
h) Alpine Regency
i) Alpine Place
j) Alpine Point
k) Alpine Annexe
l) Alpine Kensington
m) Alpine Fiesta
n) Alpine Pyramid
o) Alpine Viva
p) Alpine Eco