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 ₹ 228 Cr.
- Current Price ₹ 4.80
- High / Low ₹ 6.24 / 2.25
- Stock P/E 2.53
- Book Value ₹ 261
- Dividend Yield 0.00 %
- ROCE 2.97 %
- ROE 0.91 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.02 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
Sector: Realty Industry: Construction
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: | -23% |
5 Years: | -27% |
3 Years: | -2% |
1 Year: | 66% |
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 | 6,606 | 8,813 | 9,893 | 9,964 | 10,140 | 10,386 | 10,723 | 11,042 | 11,139 | 11,375 |
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 | 959 | 2,602 | 2,853 | 2,914 | 2,816 | 3,578 | 3,607 | 4,285 | 4,678 | 4,309 | |
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 | 2,277 | 2,356 | 4,584 | 5,333 | 4,637 | 4,215 | 6,816 | 12,636 | 6,835 |
ROCE % | 44% | 18% | 13% | 13% | 10% | 9% | 6% | 6% | 6% | 5% | 3% | 3% |
Documents
Announcements
-
Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors
14h - For Thirty-Sixth Meeting of Committee of Creditors in the matter of M/s. Housing Development and Infrastructure Limited to held on 29.04.2024
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
23 Apr - Certificate under Reg 74(5) of SEBI (DP) Regulations, 2019 for the quarter ended March 2024
-
Compliance Certificate In Respect Of Year Ended March 2024
22 Apr - Compliance Certificate dated 5th April, 2024 issued by M/s. KFin Technologies Private Limited.
-
Corporate Insolvency Resolution Process (CIRP)-Invitation of Resolution Plan
10 Apr - Invitation for Expression of Interest (for rerun of process for one project) in Form G has been published on 9th April, 2024 in Free Press …
-
Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors
5 Apr - CoC Meeting which is scheduled to be held on 10th April, 2024
Annual reports
-
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 2013
from nse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
-
Financial Year 2008
from bse
-
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.