Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹448 Cr.
Stock P/E
10.5
P/B
0.7
Current Price
₹15.6
Book Value
₹ 21.7
Face Value
1
52W High
₹39.8
52W Low
₹ 15.5
Dividend Yield
0%

Hazoor Multi Project Overview

Business

Hazoor Multi Projects Ltd. (HAZ MUL PRO) is an Indian company operating in the Construction and Real Estate sector. Based on its name and sector classification, the company is primarily involved in executing diverse construction projects and/or developing real estate properties. Its core business model likely involves bidding for and undertaking civil construction contracts (e.g., infrastructure projects like roads, bridges, buildings, water supply systems for government bodies or private clients) and/or developing residential, commercial, or mixed-use real estate projects from land acquisition to sales. The company makes money through revenues generated from successfully completed construction contracts and/or from the sale of developed properties.

Revenue Mix

Without specific financial data, the exact revenue mix is not available. However, given the "Multi Projects" in its name and its sector, the company likely operates across two primary segments or a combination thereof:

Construction/EPC (Engineering, Procurement, Construction): This segment would involve taking on contracts for various civil works.

Real Estate Development: This would involve developing properties for sale or lease.

Specific contribution percentages for these segments are not publicly provided.

Industry

The Indian Construction and Real Estate industry is large, diverse, and highly competitive. It is characterized by cyclicality, sensitivity to economic growth, interest rates, and government policies. The industry includes large national players, regional developers, and numerous smaller contractors. Hazoor Multi Projects Ltd. likely operates as a regional or mid-tier player, competing with a mix of established local entities and project-specific consortia. Its positioning would depend on its geographical focus, project specialization, execution track record, and financial capacity relative to its peers. The industry is capital-intensive and requires strong project management capabilities.

MOAT

For a company of its likely scale (without being a national giant), durable competitive advantages can be challenging to establish. Potential moats, if present, might include:

Local Expertise & Relationships: Deep understanding of local regulations, supply chains, and strong relationships with local authorities or clients in its operating regions.

Execution Track Record: A consistent history of timely and quality project delivery can build reputation and trust, leading to repeat business or preferential bidding.

Cost Efficiency: Effective management of labor, materials, and project overheads can provide a competitive edge in bidding.

Specific Niche: Specialization in a particular type of construction or real estate segment where it has unique capabilities.

However, broad brand recognition, massive economies of scale, or proprietary technology acting as strong moats are generally less common for mid-tier players in this fragmented sector.

Growth Drivers

Key factors that could drive Hazoor Multi Projects Ltd.'s growth over the next 3-5 years include:

Government Infrastructure Push: Continued high spending by the Indian government on infrastructure (roads, railways, urban development, smart cities) creates a robust pipeline of construction projects.

Urbanization & Housing Demand: Rapid urbanization and rising disposable incomes continue to fuel demand for residential and commercial real estate, especially in tier-2 and tier-3 cities.

Affordable Housing Initiatives: Government incentives for affordable housing can boost demand and project opportunities for developers.

Industrial & Logistics Growth: Expansion of manufacturing, e-commerce, and logistics sectors drives demand for industrial parks, warehouses, and related infrastructure.

Company Specific: Securing new, larger projects, successful geographical expansion, diversification into high-growth sub-sectors, and efficient capital allocation.

Risks

Cyclicality & Economic Downturns: The construction and real estate sectors are highly sensitive to economic cycles, interest rate changes, and overall market sentiment.

Regulatory & Environmental Clearances: Delays or changes in regulations (e.g., RERA for real estate, environmental norms, land acquisition laws) can significantly impact project timelines and costs.

Input Cost Volatility: Fluctuations in prices of key construction materials (cement, steel) and labor costs can squeeze profit margins.

Competition: Intense competition from numerous regional and national players can lead to margin pressure and difficulty in securing new projects.

Funding & Liquidity Risks: High debt levels, difficulty in raising capital, or delays in payments from clients can impact project execution and financial health.

Project Execution Risks: Delays, cost overruns, quality issues, or unforeseen challenges during project execution can lead to penalties and reputational damage.

Management & Ownership

In India, companies like Hazoor Multi Projects Ltd. are often promoter-driven, meaning the founding family or individuals hold significant ownership and control. The quality of management is crucial, relying on their experience in the construction and real estate sectors, ability to navigate economic cycles, maintain relationships with stakeholders (government, clients, lenders), and ensure efficient project execution and governance standards. The ownership structure is typically concentrated with the promoter group, with the remaining shares held by the public and potentially institutional investors.

Outlook

Hazoor Multi Projects Ltd. operates in a sector with significant long-term tailwinds driven by India's demographic trends, urbanization, and government focus on infrastructure development. The company has the potential to capitalize on these opportunities, particularly if it maintains a strong execution track record, manages its project pipeline effectively, and has robust financial discipline. However, the outlook is balanced by inherent industry risks such as intense competition, cyclicality, volatile input costs, and regulatory uncertainties. The ability to secure new projects, manage working capital efficiently, and adapt to evolving market demands will be critical for sustained growth and profitability in a challenging yet opportunity-rich environment.

Hazoor Multi Project Share Price

Live · BSE / NSE · Inception: 1992
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Hazoor Multi Project Quarterly Results

#(Fig in Cr.) Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 464 70 153 165 249 180 102 139 158 120
Other Income 4 1 1 2 3 0 0 1 10 1
Total Income 468 71 154 166 252 180 102 140 168 121
Total Expenditure 393 55 135 155 205 154 106 110 31 19
Operating Profit 75 17 19 12 48 26 -4 31 137 102
Interest 2 2 2 5 5 5 6 23 11 9
Depreciation 0 2 2 2 19 1 1 2 81 91
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 73 13 15 5 23 20 -11 6 45 2
Provision for Tax 19 3 4 3 7 6 -1 -0 13 2
Profit After Tax 54 9 11 3 17 14 -10 6 32 1
Adjustments -0 -0 0 -0 0 -0 0 0 0 -0
Profit After Adjustments 54 9 11 3 17 14 -10 6 32 0
Adjusted Earnings Per Share 2.9 0.5 0.6 0.1 0.8 0.6 -0.4 0.2 1.1 0

Hazoor Multi Project Profit & Loss

#(Fig in Cr.) Aug 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 15 0 2 0 0 0 545 638 580 519
Other Income 0 0 0 0 0 0 5 6 16 12
Total Income 15 0 2 0 0 0 549 644 596 531
Total Expenditure 13 2 2 0 0 0 461 549 318 266
Operating Profit 2 -2 -0 0 0 0 88 95 278 266
Interest 0 0 0 0 0 0 2 15 47 49
Depreciation 0 0 0 0 0 0 0 24 171 175
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 2 -2 -0 -0 0 0 86 56 60 42
Provision for Tax 0 0 0 -0 -0 -0 22 16 17 14
Profit After Tax 1 -2 -1 0 0 0 64 40 43 29
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 1 -2 -1 0 0 0 64 40 43 28
Adjusted Earnings Per Share 0.1 -0.2 -0 0 0 0 3.4 1.8 1.5 0.9

Hazoor Multi Project Balance Sheet

#(Fig in Cr.) Aug 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 21 20 19 19 19 19 237 458 624
Minority's Interest 1 4 4 3 0 0 0 0 0
Borrowings 0 1 2 3 0 0 99 154 402
Other Non-Current Liabilities 0 0 0 0 0 0 47 8 4
Total Current Liabilities 4 4 2 0 1 0 274 587 657
Total Liabilities 27 29 28 25 20 19 656 1206 1687
Fixed Assets 13 13 13 13 13 13 11 124 126
Other Non-Current Assets 4 13 14 11 6 6 36 18 94
Total Current Assets 9 2 1 1 1 0 608 1064 1466
Total Assets 27 29 28 25 20 19 656 1206 1687

Hazoor Multi Project Cash Flow

#(Fig in Cr.) Aug 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 2 1 1 1 1 0 0 67 5
Cash Flow from Operating Activities -2 -3 1 3 5 -0 -123 -145 97
Cash Flow from Investing Activities 0 -0 -1 -0 0 0 -5 -105 -440
Cash Flow from Financing Activities 1 2 -1 -2 -6 -0 171 188 339
Net Cash Inflow / Outflow -1 -0 -0 0 -1 -0 43 -62 -4
Closing Cash & Cash Equivalent 1 1 1 1 0 0 67 5 1

Hazoor Multi Project Ratios

# Aug 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) 0.13 -0.15 -0.05 0 0.01 0.01 3.41 1.79 1.48
CEPS(Rs) 0.15 -0.15 -0.03 0.02 0.02 0.01 3.42 2.86 7.43
DPS(Rs) 0 0 0 0 0 0 0.3 0.2 0
Book NAV/Share(Rs) 1.91 1.76 1.71 1.71 1.71 1.69 12.64 17.5 21.65
Core EBITDA Margin(%) 9.63 0 -2.39 0 63.8 26.3 15.32 13.96 45.1
EBIT Margin(%) 10.62 0 -10.33 0 6.61 6.73 16.19 11.17 18.34
Pre Tax Margin(%) 10.52 0 -10.9 0 5.01 5.93 15.77 8.84 10.27
PAT Margin (%) 9.97 0 -31.84 0 20.48 59.36 11.71 6.27 7.37
Cash Profit Margin (%) 10.9 0 -21.88 0 82 78.93 11.75 10 36.94
ROA(%) 4.79 -6.1 -1.96 0.06 0.26 0.59 18.9 4.3 2.95
ROE(%) 7.22 -8.42 -2.87 0.08 0.3 0.61 49.91 12.75 8.42
ROCE(%) 7.52 -7.71 -0.86 -0.13 0.09 0.07 48.17 14.25 12.27
Receivable days 29.91 0 0 0 301.41 498.9 6.65 61.24 95.19
Inventory Days 133.62 0 169.41 0 0 0 0 11.6 6.45
Payable days 30.09 284.21 48 0 0 0 0 2674.61 1030.04
PER(x) 8.15 0 0 179.92 19.3 29.89 8.45 23.35 15.88
Price/Book(x) 0.57 0.33 0.2 0.15 0.06 0.18 2.28 2.39 1.09
Dividend Yield(%) 0 0 0 0 0 0 1.04 0.48 0
EV/Net Sales(x) 0.75 0 3.06 0 3.32 16.92 1.06 1.76 1.85
EV/Core EBITDA(x) 6.53 -4.55 -828.14 33.72 4.87 64.33 6.55 11.78 3.85
Net Sales Growth(%) 0 -100 0 -100 0 -31.24 0 17.1 -9.11
EBIT Growth(%) 111.93 -202.73 88.91 84.88 168.51 -30.03 0 -19.18 49.21
PAT Growth(%) 111.16 -215.96 67.74 102.89 260.01 99.31 0 -37.31 6.78
EPS Growth(%) 111.25 -215.95 67.74 102.89 259.84 99.56 0 -47.39 -17.36
Debt/Equity(x) 0.01 0.06 0.11 0.15 0 0 0.47 0.5 0.73
Current Ratio(x) 2.12 0.58 0.37 2.61 1 1.08 2.22 1.81 2.23
Quick Ratio(x) 1.82 0.23 0.33 2.37 1 1.08 2.22 1.78 2.23
Interest Cover(x) 112.83 -254.83 -18.4 -4.37 4.13 8.45 38.55 4.8 2.27
Total Debt/Mcap(x) 0.01 0.17 0.54 0.96 0.02 0 0.2 0.21 0.67

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -9% — — —
Operating Profit CAGR +193% — — —
PAT CAGR +8% — — —
Share Price CAGR -56% +7% +53% +61%
ROE Average +8% +24% +14% +8%
ROCE Average +12% +25% +15% +8%

Hazoor Multi Project Shareholding Pattern

Latest · Sep 2026
100% held
Promoters 13.7 %
FII 26.79 %
DII (MF + Insurance) 0.63 %
Public (retail) 58.88 %
# Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026
Promoter 21.0820.9419.8218.9818.0517.5916.9214.5913.713.7
FII 19.1819.6419.9419.7221.923.8322.1224.2826.4426.79
DII 000.921.261.20.830.80.770.630.63
Public 59.7359.4359.3260.0458.8557.7460.1660.3659.2358.88
Others 0000000000
Total 100100100100100100100100100100

Hazoor Multi Project Peer Comparison

Construction - Real Estate Edit Columns

Hazoor Multi Project Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

See more…

Hazoor Multi Project Pros & Cons

Pros

  • Stock is trading at 0.7 times its book value
  • Company has a good return on equity (ROE) track record: 3 Years ROE 24%
  • Debtor days have improved from 2674.61 to 1030.04days.

Cons

  • Promoter holding is low: 13.7%.
Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

whatsapp