HB Estate Developers Ltd

HB Estate Developers Ltd

₹ 76.6 -2.41%
28 May - close price
About

Incorporated in 1994, HB Estate Developers Ltd is engaged in the business of owning and managing hotels and real estate properties.

Key Points

Key Projects:[1]
1) Taj City Centre
2) HB Grandeur
3) HB Twin Towers

  • Market Cap 149 Cr.
  • Current Price 76.6
  • High / Low 82.2 / 27.8
  • Stock P/E 38.3
  • Book Value 76.6
  • Dividend Yield 0.00 %
  • ROCE 6.43 %
  • ROE 2.64 %
  • Face Value 10.0

Pros

  • Stock is trading at 1.00 times its book value
  • Company's working capital requirements have reduced from 23.9 days to 16.2 days

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of -5.09% over last 3 years.

* 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

Sector: Hotels & Restaurants Industry: Hotels

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
9.44 5.09 12.04 18.62 14.70 19.59 21.34 27.70 27.80 23.93 24.38 29.73 31.36
9.54 7.51 11.38 12.64 11.08 13.99 15.05 17.13 18.60 16.75 17.21 18.06 18.53
Operating Profit -0.10 -2.42 0.66 5.98 3.62 5.60 6.29 10.57 9.20 7.18 7.17 11.67 12.83
OPM % -1.06% -47.54% 5.48% 32.12% 24.63% 28.59% 29.48% 38.16% 33.09% 30.00% 29.41% 39.25% 40.91%
0.19 0.50 0.08 0.60 0.38 0.15 0.41 0.21 1.87 0.22 0.73 0.38 0.70
Interest 5.92 5.78 5.94 6.42 5.89 5.72 6.12 6.38 6.30 6.22 6.29 7.11 6.49
Depreciation 3.03 1.87 1.87 1.84 1.77 1.78 1.80 1.79 1.86 1.83 1.86 1.88 1.87
Profit before tax -8.86 -9.57 -7.07 -1.68 -3.66 -1.75 -1.22 2.61 2.91 -0.65 -0.25 3.06 5.17
Tax % 24.27% 29.78% 28.43% 29.76% 26.23% 26.86% 12.30% 18.77% 492.10% -84.62% -272.00% 50.98% 12.57%
-6.71 -6.73 -5.06 -1.18 -2.71 -1.28 -1.06 2.13 -11.42 -1.21 -0.93 1.51 4.52
EPS in Rs -3.45 -3.46 -2.60 -0.61 -1.39 -0.66 -0.54 1.09 -5.87 -0.62 -0.48 0.78 2.32
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
7 43 64 67 73 84 89 82 24 50 95 109
6 42 50 52 57 62 61 55 30 42 63 71
Operating Profit 1 0 14 15 17 21 28 27 -6 8 32 39
OPM % 19% 0% 21% 23% 23% 25% 32% 32% -24% 16% 34% 36%
4 3 -9 3 2 1 2 1 1 1 2 2
Interest 6 30 31 30 31 27 28 25 22 24 25 26
Depreciation 1 11 15 15 14 14 14 14 14 7 7 7
Profit before tax -1 -39 -41 -28 -27 -19 -12 -12 -41 -22 3 7
Tax % -370% -15% -10% -11% 26% 13% 14% 24% 26% 29% 556% 47%
-7 -45 -45 -31 -20 -16 -10 -9 -30 -16 -12 4
EPS in Rs -5.66 -37.19 -27.93 -19.10 -12.42 -8.38 -5.36 -4.52 -15.61 -8.05 -5.98 2.00
Dividend Payout % -9% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 10%
5 Years: 4%
3 Years: 65%
TTM: 15%
Compounded Profit Growth
10 Years: 8%
5 Years: 19%
3 Years: 29%
TTM: 133%
Stock Price CAGR
10 Years: 19%
5 Years: 38%
3 Years: 95%
1 Year: 155%
Return on Equity
10 Years: -11%
5 Years: -7%
3 Years: -5%
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 12 12 16 16 20 20 20 20 20 20 20 20
Reserves 96 51 32 1 234 218 200 186 154 138 126 129
Preference Capital 30 30 80 80 0 65 85 85 102 105 105
308 352 311 322 292 222 202 189 226 242 226 311
69 73 124 132 40 107 121 124 130 130 134 34
Total Liabilities 486 489 482 470 585 567 543 519 529 530 505 494
442 441 431 418 475 461 448 435 422 416 411 406
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 2 1 8 6 21 22 14 2 2 3 3 3
42 47 44 47 89 85 82 82 105 111 91 85
Total Assets 486 489 482 470 585 567 543 519 529 530 505 494

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0 -2 -29 17 2 29 34 29 -14 3 42 49
-47 -15 29 3 -1 0 6 10 0 -0 -2 -1
44 21 -1 -20 1 -29 -38 -42 16 -6 -41 -45
Net Cash Flow -2 4 -0 1 1 0 2 -3 2 -3 -1 2

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 67 19 19 30 15 14 14 11 26 20 12 12
Inventory Days 3,986 1,206 852 981 742 768 460 700 1,480 778 568 521
Days Payable 436 272 450 809 798 681 405 705 1,166 394 346 390
Cash Conversion Cycle 3,617 953 422 202 -41 101 70 6 340 404 234 143
Working Capital Days -848 50 -7 -52 58 13 -7 -41 20 39 16 16
ROCE % 1% -2% 0% 1% 1% 1% 3% 3% -4% 0% 6%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
69.11% 69.11% 69.11% 69.11% 69.11% 69.10% 69.10% 69.10% 69.10% 69.10% 69.10% 69.10%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
30.87% 30.87% 30.87% 30.87% 30.87% 30.89% 30.88% 30.87% 30.87% 30.88% 30.87% 30.87%
No. of Shareholders 72,57871,85171,31270,84270,48770,14569,71769,32768,92468,26867,72167,140

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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