Hazoor Multi Projects Ltd
Incorporated in 1992, Hazoor
Multiprojects Ltd is in the business
of Real Estate and Road construction[1]
- Market Cap ₹ 779 Cr.
- Current Price ₹ 28.8
- High / Low ₹ 51.0 / 26.8
- Stock P/E 28.8
- Book Value ₹ 17.8
- Dividend Yield 1.39 %
- ROCE 14.1 %
- ROE 11.4 %
- Face Value ₹ 1.00
Pros
- Company's median sales growth is 17.1% of last 10 years
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -0.67%
- Promoter holding is low: 16.9%
- Contingent liabilities of Rs.366 Cr.
- Company might be capitalizing the interest cost
- Debtor days have increased from 62.2 to 111 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
Part of BSE Allcap BSE Consumer Discretionary
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Aug 2006 | Aug 2007 | Aug 2008 | Aug 2009 | Aug 2010 | Mar 2011 7m | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 20 | 24 | 15 | 0 | 15 | 0 | 2 | 0 | 0 | 0 | 545 | 638 | 671 | |
| 13 | 14 | 14 | 2 | 14 | 2 | 2 | 0 | 0 | 0 | 461 | 549 | 574 | |
| Operating Profit | 7 | 10 | 2 | -2 | 1 | -2 | -0 | -0 | 0 | 0 | 84 | 89 | 96 |
| OPM % | 36% | 41% | 12% | 8% | -3% | 64% | 26% | 15% | 14% | 14% | |||
| 0 | 1 | -2 | -11 | 1 | 0 | 0 | 0 | 0 | 0 | 5 | 6 | 4 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 15 | 39 |
| Depreciation | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24 | 23 |
| Profit before tax | 6 | 9 | -1 | -13 | 2 | -2 | -0 | -0 | 0 | 0 | 86 | 56 | 38 |
| Tax % | 0% | 9% | 48% | 0% | 6% | 6% | 189% | -167% | -200% | -1,000% | 26% | 29% | |
| 5 | 8 | -1 | -13 | 1 | -2 | -1 | 0 | 0 | 0 | 64 | 40 | 27 | |
| EPS in Rs | 0.63 | -0.08 | -0.87 | 0.10 | -0.11 | -0.04 | 0.00 | 0.00 | 0.01 | 3.42 | 1.79 | 1.17 | |
| Dividend Payout % | 7% | 11% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 9% | 11% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 125% |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 79% |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -65% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 59% |
| 5 Years: | 149% |
| 3 Years: | 49% |
| 1 Year: | -31% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Aug 2006 | Aug 2007 | Aug 2008 | Aug 2009 | Aug 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 19 | 22 | 23 |
| Reserves | 22 | 26 | 29 | 11 | 11 | 9 | 9 | 9 | 9 | 9 | 218 | 435 | 458 |
| 0 | 1 | 1 | 1 | 0 | 1 | 2 | 3 | 0 | 0 | 110 | 195 | 381 | |
| 12 | 11 | 21 | 13 | 6 | 8 | 7 | 3 | 1 | 0 | 309 | 553 | 444 | |
| Total Liabilities | 38 | 46 | 62 | 35 | 27 | 29 | 28 | 25 | 20 | 19 | 656 | 1,206 | 1,306 |
| 6 | 7 | 9 | 15 | 14 | 13 | 13 | 13 | 13 | 13 | 16 | 199 | 176 | |
| CWIP | 0 | 2 | 0 | 0 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 5 | 6 | 5 | 1 | 0 | 0 | 1 | 1 | 0 | 0 | 30 | 9 | 9 |
| 26 | 31 | 47 | 18 | 10 | 16 | 14 | 12 | 7 | 6 | 610 | 998 | 1,121 | |
| Total Assets | 38 | 46 | 62 | 35 | 27 | 29 | 28 | 25 | 20 | 19 | 656 | 1,206 | 1,306 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Aug 2006 | Aug 2007 | Aug 2008 | Aug 2009 | Aug 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2 | 1 | -17 | -2 | -3 | 1 | 2 | 5 | -0 | -123 | -145 | ||
| -5 | -3 | 17 | 0 | -0 | -1 | -0 | 0 | 0 | 20 | -105 | ||
| 2 | 3 | -0 | 1 | 2 | -1 | -2 | -6 | -0 | 171 | 188 | ||
| Net Cash Flow | -1 | 1 | 0 | -1 | -0 | 0 | 0 | -1 | -0 | 67 | -62 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Aug 2006 | Aug 2007 | Aug 2008 | Aug 2009 | Aug 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 100 | 90 | 235 | 25 | 0 | 365 | 480 | 13 | 111 | |||
| Inventory Days | 1,253 | |||||||||||
| Days Payable | 207 | |||||||||||
| Cash Conversion Cycle | 100 | 90 | 235 | 25 | 0 | 365 | 480 | 13 | 111 | |||
| Working Capital Days | 223 | 281 | 557 | 98 | -411 | -261 | -250 | 174 | 227 | |||
| ROCE % | 30% | 6% | -6% | 7% | -7% | -1% | -0% | 0% | 0% | 14% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtors Cycle Days ・Standalone data |
|
||||
| Gross Current Asset (GCA) Days Days ・Standalone data |
|||||
| Order Book / Unexecuted Work Rs. Crore ・Standalone data |
|||||
| Project Progress - Bijora Toll Plaza Percentage ・Standalone data |
|||||
| Project Progress - Hulikunte Fee Plaza Percentage ・Standalone data |
|||||
| Project Progress - Nagpur-Mumbai Expressway (Package-11) Percentage ・Standalone data |
|||||
| Project Progress - Wakan Pali – Khopoli Road Percentage ・Standalone data |
|||||
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
2m - NHAI awarded one-year user-fee collection LOA at Chowlaggere (NH-48), Rs27,15,60,000; LOA dated 11 March 2026.
-
Announcement under Regulation 30 (LODR)-Change in Management
5 Mar - Mr. Pradeep Kumar appointed independent director effective 5 Mar 2026, term (subject to approval) until 4 Mar 2031.
-
Announcement under Regulation 30 (LODR)-Updates on Acquisition
28 Feb - Indicative completion of OCD-to-equity conversion in wholly-owned Square Port Shipyard now scheduled for March 2026.
-
Announcement under Regulation 30 (LODR)-Credit Rating
25 Feb - CRISIL assigned BBB+/Stable (LT) and A2 (ST) to Hazoor Infra's Rs476 crore facilities, report Feb 24, 2026.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
20 Feb - Rs.182.95 Cr Tata Steel work order for 360 residential units construction; 24-month execution.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
Business Overview:[1][2]
HMPL is in the business of infrastructure development as an EPC Contracting company. It works as a sub-contractor in executing various national highway road projects awarded by government authorities such as Maharashtra State Road Development Corporation Ltd. and National Highways Authority of India. Its core competency is in the field of construction of roads. Company also plans to expand into Other Verticals of Infrastructure EPC Contract.