Housing Development & Infrastructure Ltd
Incorporated in 1996, Housing Development & Infrastructure Limited is engaged in real estate construction and development of own or leased property.
- Market Cap ₹ 106 Cr.
- Current Price ₹ 2.24
- High / Low ₹ 4.11 / 1.92
- Stock P/E 1.18
- Book Value ₹ 262
- Dividend Yield 0.00 %
- ROCE 2.96 %
- ROE 0.90 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.01 times its book value
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -3.81% over past five years.
- Company has a low return on equity of 1.09% over last 3 years.
- Contingent liabilities of Rs.2,010 Cr.
- Company has high debtors of 216 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,380 | 1,728 | 1,502 | 1,865 | 2,009 | 1,025 | 872 | 1,022 | 1,170 | 724 | 388 | 718 | 644 | |
| 700 | 414 | 234 | 202 | 498 | -249 | -22 | 216 | 391 | 111 | -15 | 319 | 273 | |
| Operating Profit | 1,680 | 1,315 | 1,268 | 1,664 | 1,511 | 1,274 | 894 | 807 | 779 | 613 | 403 | 399 | 371 |
| OPM % | 71% | 76% | 84% | 89% | 75% | 124% | 102% | 79% | 67% | 85% | 104% | 56% | 58% |
| 64 | 54 | 33 | 27 | 39 | -403 | 81 | 61 | 19 | 35 | 14 | 17 | 17 | |
| Interest | 141 | 595 | 524 | 625 | 626 | 693 | 708 | 554 | 514 | 428 | 349 | 281 | 272 |
| Depreciation | 1 | 3 | 72 | 84 | 86 | 85 | 79 | 15 | 8 | 8 | 7 | 5 | 5 |
| Profit before tax | 1,602 | 771 | 705 | 981 | 839 | 94 | 189 | 298 | 276 | 212 | 60 | 130 | 111 |
| Tax % | 12% | -2% | 20% | 16% | 3% | 22% | 6% | 27% | -19% | 16% | -58% | 19% | |
| 1,410 | 787 | 567 | 822 | 810 | 73 | 178 | 219 | 329 | 179 | 96 | 106 | 90 | |
| EPS in Rs | 51.17 | 28.55 | 15.79 | 19.80 | 19.33 | 1.75 | 4.24 | 5.22 | 7.86 | 4.12 | 2.21 | 2.34 | 1.96 |
| Dividend Payout % | 8% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -8% |
| 5 Years: | -4% |
| 3 Years: | -15% |
| TTM: | 38% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -18% |
| 5 Years: | -5% |
| 3 Years: | -32% |
| TTM: | -20% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -29% |
| 5 Years: | -18% |
| 3 Years: | -13% |
| 1 Year: | -19% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 2% |
| 3 Years: | 1% |
| Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 214 | 275 | 359 | 415 | 419 | 419 | 419 | 419 | 419 | 434 | 434 | 454 |
| Reserves | 3,427 | 4,146 | 6,684 | 9,072 | 9,893 | 9,964 | 10,140 | 10,386 | 10,723 | 11,042 | 11,181 | 11,437 |
| 3,113 | 4,143 | 4,102 | 4,320 | 4,096 | 4,019 | 3,511 | 3,236 | 2,895 | 2,521 | 2,269 | 1,997 | |
| 749 | 672 | 881 | 2,343 | 2,853 | 2,914 | 2,816 | 3,578 | 3,607 | 4,285 | 4,636 | 4,247 | |
| Total Liabilities | 7,503 | 9,237 | 12,026 | 16,150 | 17,261 | 17,316 | 16,887 | 17,618 | 17,643 | 18,283 | 18,519 | 18,135 |
| 64 | 108 | 442 | 448 | 375 | 291 | 229 | 120 | 131 | 225 | 218 | 212 | |
| CWIP | 5 | 15 | 22 | 91 | 7 | 8 | 7 | 0 | 0 | 0 | 0 | 0 |
| Investments | 191 | 249 | 243 | 52 | 58 | 77 | 65 | 168 | 136 | 25 | 25 | 25 |
| 7,243 | 8,865 | 11,319 | 15,559 | 16,821 | 16,938 | 16,586 | 17,331 | 17,376 | 18,032 | 18,276 | 17,897 | |
| Total Assets | 7,503 | 9,237 | 12,026 | 16,150 | 17,261 | 17,316 | 16,887 | 17,618 | 17,643 | 18,283 | 18,519 | 18,135 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -3,953 | -1,100 | -917 | -1,412 | 815 | 721 | 1,166 | 708 | 698 | 616 | 425 | 385 | |
| -26 | -73 | -332 | -285 | 26 | 14 | 78 | 84 | 18 | 37 | 18 | 12 | |
| 4,323 | 897 | 1,965 | 1,142 | -843 | -770 | -1,215 | -830 | -777 | -688 | -455 | -402 | |
| Net Cash Flow | 344 | -275 | 716 | -555 | -3 | -35 | 29 | -38 | -61 | -35 | -12 | -5 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 9 | 35 | 49 | 71 | 158 | 287 | 160 | 109 | 82 | 155 | 403 | 216 |
| Inventory Days | 18,936 | 19,508 | ||||||||||
| Days Payable | 680 | 654 | ||||||||||
| Cash Conversion Cycle | 9 | 35 | 49 | 71 | 158 | 287 | 160 | 109 | 18,338 | 155 | 403 | 19,069 |
| Working Capital Days | 942 | 1,715 | 2,345 | 2,013 | 1,965 | 3,916 | 4,645 | 4,050 | 4,022 | 6,388 | 11,196 | 6,072 |
| ROCE % | 44% | 18% | 12% | 13% | 10% | 9% | 6% | 6% | 6% | 5% | 3% | 3% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Work-in-progress (Inventory Value) INR lacs ・Standalone data |
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| Sale of Development Rights/FSI/Land/TDR INR lacs ・Standalone data |
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| Total Land Reserves million sq. ft. ・Standalone data |
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| Residential Units Handed Over units ・Standalone data |
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| Total Permanent Employees numbers ・Standalone data |
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| Total Residential Portfolio (Saleable Area) sq. ft. ・Standalone data |
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| Admitted Claims from Financial Creditors (CIRP) INR lakhs ・Standalone data |
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| Standalone Revenue from Operations INR lakhs ・Standalone data |
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Documents
Announcements
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Adjournment Of Meeting Of Directors Held On 13Th March, 2026
1d - Meeting scheduled 13 March 2026 adjourned; standalone unaudited Q3/9M FY2025-26 results consideration postponed; revised date pending.
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Adjournment Of Meeting Of Directors Scheduled On 13Th March, 2026
1d - Directors' meeting scheduled 13 Mar 2026 adjourned; Resolution Professional will reschedule.
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Board Meeting Intimation for Consideration Of Standalone Unaudited Financial Results For The Quarter And Nine Months Ended On 31St December, 2025 Of F.Y. 2025-26.
5 Mar - Meeting on 13-Mar-2026 to consider standalone unaudited results for quarter and nine months ended 31-Dec-2025.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
21 Jan - Compliance Certificate under Reg. 74(5) for quarter ended December 31, 2025
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Board Meeting Outcome for Ioutcome Of The Meeting And Submission Of Standalone Unaudited Financial Results For The Half Yearly And Quarter Ended On 30Th September, 2025 Of FY 2025-26 And June 2025
13 Jan - RP-signed standalone results for quarter/half 30 Jun/30 Sept 2025; auditor disclaimer; company under CIRP; going-concern uncertainty.
Annual reports
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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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
from bse
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Financial Year 2013
from bse
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Financial Year 2013
from nse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
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Financial Year 2009
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Financial Year 2008
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Financial Year 2007
from bse
Business Overview:[1]
Company has completed 100 million+ sq. ft. of construction in all verticals of real estate and has rehabilitated around 30,000 families. Company's operations aggregates every aspect of the real estate business, from residential, commercial and retail projects, to slum rehabilitation and land development.
Company's residential projects range from apartment complexes to towers and townships. Commercial projects comprise premium office spaces as well as multiplex cinemas. In retail, company builds shopping malls.
Company also handles slum rehabilitation projects under a Government scheme which is administered by the Slum Rehabilitation Authority, offering development rights in exchange for clearing and redeveloping slum lands, while providing replacement housing for displaced slum dwellers.