Hubtown Ltd
Incorporated in 1985, Hubtown Ltd is in the business of real estate development
- Market Cap ₹ 2,628 Cr.
- Current Price ₹ 185
- High / Low ₹ 366 / 150
- Stock P/E 21.4
- Book Value ₹ 198
- Dividend Yield 0.00 %
- ROCE 6.24 %
- ROE 3.62 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.96 times its book value
- Company is expected to give good quarter
- Company has delivered good profit growth of 98.2% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 1.32% over past five years.
- Company has a low return on equity of 1.85% over last 3 years.
- Contingent liabilities of Rs.1,654 Cr.
- Earnings include an other income of Rs.169 Cr.
- Company has high debtors of 286 days.
- Promoter holding has decreased over last 3 years: -7.66%
- Working capital days have increased from 1,016 days to 2,087 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 478 | 412 | 363 | 604 | 342 | 414 | 255 | 238 | 183 | 219 | 174 | 273 | 340 | |
| 188 | 111 | 70 | 253 | 265 | 357 | 104 | 334 | 306 | 206 | 184 | 230 | 296 | |
| Operating Profit | 290 | 301 | 293 | 350 | 77 | 58 | 152 | -96 | -123 | 13 | -9 | 43 | 44 |
| OPM % | 61% | 73% | 81% | 58% | 22% | 14% | 59% | -41% | -67% | 6% | -5% | 16% | 13% |
| 39 | 43 | 34 | 31 | 263 | 63 | -48 | 3 | 64 | 16 | 63 | 114 | 169 | |
| Interest | 305 | 323 | 300 | 366 | 313 | 115 | 139 | 61 | 55 | 48 | 45 | 37 | 44 |
| Depreciation | 6 | 4 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 2 | 2 |
| Profit before tax | 19 | 18 | 24 | 12 | 24 | 3 | -39 | -158 | -117 | -21 | 6 | 118 | 166 |
| Tax % | -88% | 39% | -11% | 47% | -9% | 340% | 54% | -1% | 4% | -151% | 4% | 35% | |
| 35 | 11 | 27 | 7 | 27 | -7 | -59 | -156 | -121 | 11 | 6 | 76 | 123 | |
| EPS in Rs | 4.87 | 1.48 | 3.68 | 0.90 | 3.65 | -0.97 | -8.17 | -21.45 | -16.62 | 1.42 | 0.77 | 5.63 | 8.96 |
| Dividend Payout % | 21% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | 1% |
| 3 Years: | 14% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 98% |
| 3 Years: | 38% |
| TTM: | 183% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 61% |
| 3 Years: | 77% |
| 1 Year: | -10% |
| Return on Equity | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | -2% |
| 3 Years: | 2% |
| Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 73 | 73 | 73 | 73 | 73 | 73 | 73 | 73 | 73 | 76 | 80 | 136 | 142 |
| Reserves | 1,619 | 1,639 | 1,649 | 1,655 | 1,682 | 1,662 | 1,603 | 1,446 | 1,329 | 1,361 | 1,380 | 2,506 | 2,672 |
| 1,405 | 1,267 | 1,354 | 1,400 | 633 | 643 | 487 | 485 | 557 | 511 | 495 | 269 | 470 | |
| 733 | 703 | 868 | 1,027 | 1,786 | 1,840 | 1,812 | 1,765 | 1,745 | 1,573 | 1,169 | 675 | 629 | |
| Total Liabilities | 3,829 | 3,681 | 3,944 | 4,155 | 4,175 | 4,217 | 3,975 | 3,769 | 3,703 | 3,522 | 3,124 | 3,585 | 3,913 |
| 24 | 14 | 12 | 54 | 50 | 57 | 55 | 38 | 37 | 35 | 33 | 28 | 28 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 904 | 747 | 1,650 | 1,713 | 1,758 | 1,669 | 1,679 | 1,399 | 1,379 | 1,259 | 514 | 526 | 542 |
| 2,901 | 2,920 | 2,281 | 2,389 | 2,366 | 2,492 | 2,241 | 2,332 | 2,287 | 2,227 | 2,576 | 3,030 | 3,342 | |
| Total Assets | 3,829 | 3,681 | 3,944 | 4,155 | 4,175 | 4,217 | 3,975 | 3,769 | 3,703 | 3,522 | 3,124 | 3,585 | 3,913 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 278 | 342 | 151 | 105 | 353 | 60 | -1 | -120 | 60 | -59 | -212 | -535 | |
| 104 | 157 | -43 | 134 | 20 | 56 | 63 | 207 | 21 | 128 | 315 | -120 | |
| -397 | -490 | -117 | -241 | -363 | -112 | -74 | -91 | -76 | -77 | -98 | 657 | |
| Net Cash Flow | -15 | 8 | -9 | -2 | 10 | 4 | -12 | -5 | 5 | -7 | 5 | 2 |
| Free Cash Flow | 278 | 340 | 151 | 105 | 365 | 57 | 29 | -109 | 59 | -59 | -212 | -537 |
| CFO/OP | 101% | 114% | 53% | 32% | 468% | 73% | 1% | 129% | -49% | -418% | 2,282% | -1,245% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 99 | 98 | 163 | 203 | 374 | 281 | 128 | 291 | 461 | 316 | 373 | 286 |
| Inventory Days | 2,293 | 6,207 | 9,250 | 8,124 | ||||||||
| Days Payable | 266 | 640 | 934 | 728 | ||||||||
| Cash Conversion Cycle | 99 | 98 | 163 | 203 | 374 | 2,308 | 128 | 5,858 | 461 | 8,632 | 7,769 | 286 |
| Working Capital Days | 489 | -232 | -355 | -35 | -48 | 11 | -102 | 124 | -39 | 138 | 823 | 2,087 |
| ROCE % | 10% | 11% | 11% | 12% | 12% | 6% | 8% | -3% | -3% | 1% | 3% | 6% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Nov 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Ongoing Projects - Residential Number |
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| Number of Completed Projects Number |
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| High Potential Land Bank / Developer Potential mn sq ft |
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| Cumulative Completed Project Area mn sq ft |
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| Pre-sales Value (including merging entities) INR Cr |
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| Balance Revenue to be Recognized on OC/Possession INR Cr |
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| Total Development Value (GDV) INR Bn |
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| Total Pre-sales Achieved Till Date INR Cr |
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Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 1m
-
Intimation Of Incorporation Of Wholly Owned Subsidiary
1d - Hubtown incorporated 25 Chalets Pvt Ltd on March 30, 2026; 100% owned; authorized capital Rs.1,00,000.
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Intimation Of Incorporation Of Subsidiary Company
1d - Hubtown incorporated 100%-owned Hubtowncentral Pvt Ltd (real estate) on 29/03/2026; authorized capital Rs.1,00,000.
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Closure of Trading Window
18 Mar - Hubtown: Trading window closed April 1, 2026 until 48 hours after audited FY2026 results.
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Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
10 Mar - EGM (10 Mar 2026): Special resolution approved to issue securities; 72,042,452 votes (99.97%) in favour.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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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
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1]
Company executes and develops commercial and residential real estate projects on its own and through subsidiaries / joint ventures / associate companies. Company is present in cities viz. Mumbai, Thane, Pune, Ahmedabad, Surat, Vadodara and Mehsana.