Homesfy Realty Ltd
Incorporated in 2011, Homesfy Realty Ltd provides real estate broking services to Real Estate Developers, retail buyers/sellers and investors for residential and commercial space[1]
- Market Cap ₹ 231 Cr.
- Current Price ₹ 755
- High / Low ₹ 759 / 345
- Stock P/E
- Book Value ₹ 106
- Dividend Yield 0.00 %
- ROCE 25.0 %
- ROE 14.8 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 7.10 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Debtor days have increased from 109 to 135 days.
- Company's cost of borrowing seems high
* 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
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|
| 9.72 | 11.90 | 14.72 | 30.33 | 53.03 | 52.62 | |
| 8.26 | 10.56 | 12.03 | 25.69 | 47.48 | 53.81 | |
| Operating Profit | 1.46 | 1.34 | 2.69 | 4.64 | 5.55 | -1.19 |
| OPM % | 15.02% | 11.26% | 18.27% | 15.30% | 10.47% | -2.26% |
| 0.11 | 0.03 | 0.03 | 0.37 | -1.03 | 0.04 | |
| Interest | 0.06 | 0.02 | 0.01 | 0.01 | 0.67 | 0.60 |
| Depreciation | 0.05 | 0.06 | 0.04 | 0.04 | 0.13 | 0.13 |
| Profit before tax | 1.46 | 1.29 | 2.67 | 4.96 | 3.72 | -1.88 |
| Tax % | 26.71% | 29.46% | 25.09% | 27.42% | 33.33% | |
| 1.07 | 0.91 | 1.99 | 3.60 | 2.48 | -2.25 | |
| EPS in Rs | 214.00 | 182.00 | 398.00 | 720.00 | 8.12 | -7.36 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 65% |
| TTM: | 32% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 56% |
| TTM: | -356% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 56% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 25% |
| Last Year: | 15% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.05 | 0.05 | 0.05 | 0.05 | 3.06 | 3.06 |
| Reserves | 3.17 | 4.32 | 6.31 | 10.03 | 33.52 | 29.41 |
| 0.00 | 0.00 | 0.00 | 0.20 | 0.19 | 0.17 | |
| 2.67 | 3.56 | 5.88 | 6.76 | 12.46 | 7.79 | |
| Total Liabilities | 5.89 | 7.93 | 12.24 | 17.04 | 49.23 | 40.43 |
| 0.17 | 0.12 | 0.09 | 0.33 | 0.28 | 2.68 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 1.18 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 5.72 | 7.81 | 12.15 | 16.71 | 47.77 | 37.75 | |
| Total Assets | 5.89 | 7.93 | 12.24 | 17.04 | 49.23 | 40.43 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| 0.01 | 0.17 | 1.49 | -3.99 | ||
| 0.02 | -0.01 | -1.48 | -18.81 | ||
| -0.02 | -0.01 | 0.20 | 24.44 | ||
| Net Cash Flow | 0.01 | 0.15 | 0.22 | 1.64 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| Debtor Days | 67.59 | 80.97 | 105.38 | 86.77 | 135.32 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 67.59 | 80.97 | 105.38 | 86.77 | 135.32 |
| Working Capital Days | 101.39 | 90.48 | 144.56 | 96.15 | 99.94 |
| ROCE % | 34.52% | 49.95% | 59.74% | 24.95% |
Business Overview:[1][2]
HRL is the first-ever real estate brokerage firm listed on NSE Emerge. They simplify the home-buying process and make real estate transactions simpler. It operates through direct selling from in-house sales team and Direct Selling Agent listed on mymagnet platform for referral services. It has presence in Mumbai, Pune, Delhi NCR, Bengaluru, and Dubai and
is a preferred channel partner for developers viz. Lodha, Godrej, Prestige, Dosti, Runwal, Hiranandani, Piramal, Raymond, Mahindra, etc.