Hazoor Multi Projects Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 12:49 am

Market Cap	994 Cr.
Current Price	49.9
High / Low	63.9/28.4
Stock P/E	11.8
Book Value	19.5
Dividend Yield	0.60 %
ROCE	%
ROE	%
Face Value	1.00
PEG Ratio	0.11

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for

Competitors of

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
IITL Projects Ltd	26.4 Cr.	52.9	78.1/16.0	8.18	70.7	0.00 %	%	%	10.0
HB Estate Developers Ltd	198 Cr.	102	125/45.0	26.6	80.1	0.00 %	7.00 %	2.39 %	10.0
Hazoor Multi Projects Ltd	994 Cr.	49.9	63.9/28.4	11.8	19.5	0.60 %	%	%	1.00
Gyan Developers & Builders Ltd	9.11 Cr.	30.4	33.8/7.07		12.7	0.00 %	4.02 %	3.75 %	10.0
GG Dandekar Properties Ltd	57.2 Cr.	120	163/87.4		96.9	0.00 %	1.27 %	9.45 %	1.00
Industry Average	16,164.50 Cr	306.21		47.59	133.45	0.14%	23.48%	27.83%	21.38

All Competitor Stocks of

Quarterly Result

Month	Dec 2023	Mar 2024	Jun 2024
Sales	80.63	463.93	70.26
Expenses	68.42	392.55	54.91
Operating Profit	12.21	71.38	15.35
OPM %	15.14%	15.39%	21.85%
Other Income	1.08	3.67	1.19
Interest	0.00	2.29	2.26
Depreciation	0.05	0.15	1.55
Profit before tax	13.24	72.61	12.73
Tax %	25.76%	25.73%	25.69%
Net Profit	9.83	53.94	9.46
EPS in Rs	6.48	28.91	5.02

Last Updated: November 6, 2024, 6:33 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Month	Aug 2006	Aug 2007	Aug 2008	Aug 2009	Aug 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2024
Sales	20	24	15	0	15	0	2	0	0	0	545
Expenses	13	14	14	2	14	2	2	0	0	0	461
Operating Profit	7	10	2	-2	1	-2	-0	-0	0	0	84
OPM %	36%	41%	12%		8%		-3%		64%	26%	15%
Other Income	0	1	-2	-11	1	0	0	0	0	0	5
Interest	0	0	0	0	0	0	0	0	0	0	2
Depreciation	1	1	0	0	0	0	0	0	0	0	0
Profit before tax	6	9	-1	-13	2	-2	-0	-0	0	0	86
Tax %	0%	9%	48%	0%	6%	6%	189%	-167%	-200%	-1,000%	26%
Net Profit	5	8	-1	-13	1	-2	-1	0	0	0	64
EPS in Rs		6.29	-0.82	-8.68	0.97	-1.13	-0.37	0.01	0.04	0.08	34.18
Dividend Payout %	7%	11%	0%	0%	0%	0%	0%	0%	0%	0%	9%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2011-2012	2012-2013
YoY Net Profit Growth (%)	50.00%	100.00%
Change in YoY Net Profit Growth (%)	0.00%	50.00%

has shown a consistent positive trend in YoY Net Profit Growth (%) in the last 2 years from 2011-2012 to 2012-2013.

Growth

Compounded Sales Growth
10 Years:	113%
5 Years:	%
3 Years:	%
TTM:	%

Compounded Profit Growth
10 Years:	100%
5 Years:	%
3 Years:	%
TTM:	%

Stock Price CAGR
10 Years:	61%
5 Years:	219%
3 Years:	192%
1 Year:	61%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 1:31 pm

Month	Aug 2006	Aug 2007	Aug 2008	Aug 2009	Aug 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2024	Sep 2024
Equity Capital	4	9	10	10	10	10	10	10	10	10	19	20
Reserves	22	26	29	11	11	9	9	9	9	9	218	365
Borrowings	-0	1	1	1	0	1	2	3	0	-0	110	139
Other Liabilities	12	11	21	13	6	8	7	3	1	0	309	355
Total Liabilities	38	46	62	35	27	29	28	25	20	19	656	879
Fixed Assets	6	7	9	15	14	13	13	13	13	13	16	124
CWIP	0	2	-0	-0	4	-0	-0	-0	-0	-0	-0	-0
Investments	5	6	5	1	0	0	1	1	0	-0	33	6
Other Assets	26	31	47	18	10	16	14	12	7	6	607	749
Total Assets	38	46	62	35	27	29	28	25	20	19	656	879

Reserves and Borrowings Chart

Cash Flow

Month	Aug 2007	Aug 2008	Aug 2009	Aug 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2024
Cash from Operating Activity +	2	1	-17	-2	-3	1	2	5	-0	-123
Cash from Investing Activity +	-5	-3	17	0	-0	-1	-0	0	0	-5
Cash from Financing Activity +	2	3	-0	1	2	-1	-2	-6	-0	171
Net Cash Flow	-1	1	0	-1	-0	0	0	-1	-0	43

Free Cash Flow

Month	Aug 2006	Aug 2007	Aug 2008	Aug 2009	Aug 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2024
Free Cash Flow	7.00	9.00	1.00	-3.00	1.00	-3.00	-2.00	-3.00	0.00	0.00	-26.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Aug 2006	Aug 2007	Aug 2008	Aug 2009	Aug 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2024
Debtor Days	100	90	235		25		0		365	480	13
Inventory Days						1,253
Days Payable						207
Cash Conversion Cycle	100	90	235		25		0		365	480	13
Working Capital Days	223	281	557		98		-411		-261	-250	182
ROCE %		30%	6%	-6%	7%	-7%	-1%	-0%	0%	0%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Nov 2024
Promoters	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	21.08%	20.94%	18.98%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	1.36%	5.29%	9.39%	10.92%	19.18%	19.63%	18.47%
Public	74.07%	74.07%	74.07%	74.07%	74.08%	72.71%	68.77%	64.68%	63.15%	59.75%	59.42%	62.57%
No. of Shareholders	5,445	5,364	6,297	6,505	6,291	6,907	8,912	11,765	13,824	13,196	15,821	19,958

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 15	Mar 14	Mar 13	Mar 12
FaceValue	10.00	4.00	4.00	4.00	4.00
Basic EPS (Rs.)	52.32	0.05	0.02	0.01	-0.22
Diluted EPS (Rs.)	52.32	0.05	0.02	0.01	-0.22
Cash EPS (Rs.)	34.18	0.06	0.09	0.07	-0.15
Book Value[Excl.RevalReserv]/Share (Rs.)	126.43	7.47	7.55	8.66	9.15
Book Value[Incl.RevalReserv]/Share (Rs.)	126.43	7.47	7.55	8.66	9.15
Revenue From Operations / Share (Rs.)	290.99	0.07	0.11	0.00	0.68
PBDIT / Share (Rs.)	47.20	0.02	0.07	0.05	0.00
PBIT / Share (Rs.)	47.10	0.00	0.01	-0.01	-0.07
PBT / Share (Rs.)	45.88	0.00	0.01	-0.01	-0.07
Net Profit / Share (Rs.)	34.08	0.04	0.02	0.01	-0.21
NP After MI And SOA / Share (Rs.)	34.08	0.04	0.02	0.01	-0.21
PBDIT Margin (%)	16.22	26.29	68.13	0.00	-0.36
PBIT Margin (%)	16.18	6.72	6.61	0.00	-10.33
PBT Margin (%)	15.76	5.93	5.00	0.00	-10.89
Net Profit Margin (%)	11.71	59.35	20.47	0.00	-31.83
NP After MI And SOA Margin (%)	11.71	59.35	20.47	0.00	-31.83
Return on Networth / Equity (%)	26.95	0.60	0.30	0.08	-2.91
Return on Capital Employeed (%)	23.08	0.06	0.09	-0.10	-0.70
Return On Assets (%)	9.72	0.59	0.29	0.06	-2.00
Long Term Debt / Equity (X)	0.41	0.00	0.00	0.14	0.10
Total Debt / Equity (X)	0.46	0.00	0.00	0.14	0.10
Asset Turnover Ratio (%)	0.00	0.01	0.01	0.00	0.00
Current Ratio (X)	2.22	1.08	0.99	2.61	0.37
Quick Ratio (X)	2.22	1.08	0.99	2.37	0.32
Dividend Payout Ratio (NP) (%)	7.06	0.00	0.00	0.00	0.00
Dividend Payout Ratio (CP) (%)	7.04	0.00	0.00	0.00	0.00
Earning Retention Ratio (%)	92.94	0.00	0.00	0.00	0.00
Cash Earning Retention Ratio (%)	92.96	0.00	0.00	0.00	0.00
Interest Coverage Ratio (X)	38.64	33.03	42.52	23.47	-0.65
Interest Coverage Ratio (Post Tax) (X)	28.89	75.55	13.78	3.57	-55.69
Enterprise Value (Cr.)	582.26	3.29	0.92	7.80	9.47
EV / Net Operating Revenue (X)	1.07	16.92	3.24	0.00	5.42
EV / EBITDA (X)	6.59	64.33	4.76	53.23	-1467.45
MarketCap / Net Operating Revenue (X)	0.98	17.76	3.95	0.00	2.21
Retention Ratios (%)	92.93	0.00	0.00	0.00	0.00
Price / BV (X)	2.28	0.18	0.05	0.15	0.20
Price / Net Operating Revenue (X)	0.98	17.80	3.96	0.00	2.21
EarningsYield	0.11	0.03	0.05	0.01	-0.14

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 34.72

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 21, 2024, is Overvalued by 30.42% compared to the current share price 49.90

Default values used*: Default value of 15% for ROE is used

Intrinsic Value of as of December 21, 2024 is: 70.92

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 21, 2024, is Undervalued by 42.12% compared to the current share price 49.90

Default values used*: Default value of 15% for ROE is used

Last 5 Year EPS CAGR: 104.25%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (60.58 cr) compared to borrowings (21.50 cr), indicating strong financial stability. The company has shown consistent growth in sales (56.45 cr) and profit (7.91 cr) over the years.	The stock has a low average ROCE of 2.64%, which may not be favorable. The stock has a high average Working Capital Days of 38.09, which may not be favorable. The stock has a high average Cash Conversion Cycle of 118.91, which may not be favorable.

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
1. Net Profit Margin: 11.71%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 23.08% (Industry Average ROCE: 21.78%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 26.95% (Industry Average ROE: 22.99%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 28.89
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 2.22
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 11.8 (Industry average Stock P/E: 33.11)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.46
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Hazoor Multi Projects Ltd. is a Public Limited Listed company incorporated on 01/12/1992 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L99999MH1992PLC269813 and registration number is 269813. Currently Company is involved in the business activities of Real estate activities with own or leased property. Company’s Total Operating Revenue is Rs. 112.54 Cr. and Equity Capital is Rs. 10.15 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Construction, Contracting & Engineering	C-45, 4th Floor, Plot -210, C Wing, Mittal Tower, Barrister Mumbai Maharashtra 400021	hmpl.india@gmail.com http://www.hazoormultiproject.com

Management
Name	Position Held
Mr. Pawankumar Nathmal Mallawat	Chairman & Executive Director
Mr. Dineshkumar Laxminarayan Agrawal	Executive Director
Mr. Akshay Pawan Kumar Jain	WholeTime Director & CEO
Ms. Pratima Prem Mohan Srivastava	Ind. Non-Executive Director
Ms. Madhuri Purshottam Bohra	Ind. Non-Executive Director
Mr. Harsh Harish Sharma	Ind. Non-Executive Director
Mr. Tejas Kirtikumar Thakkar	Additional Executive Director
Mr. Arvind Vilasrao Sapkal	Addnl. & Non Exe.Director
Mr. Pramod Kumar	Addnl. & Ind.Director
Mrs. Divya Solanki	Addnl. & Ind.Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹34.72, which is 30.42% lower than the current market price of ₹49.90. The stock has a market capitalization of 994 Cr. and recorded a high/low of 63.9/28.4 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹365 Cr and total liabilities of ₹879 Cr.

What is the Market Cap of ?

The Market Cap of is 994 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 49.9.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 63.9/28.4.

What is the Stock P/E of ?

The Stock P/E of is 11.8.

What is the Book Value of ?

The Book Value of is 19.5.

What is the Dividend Yield of ?

The Dividend Yield of is 0.60 %.

What is the ROCE of ?

The ROCE of is %.

What is the ROE of ?

The ROE of is %.

What is the Face Value of ?

The Face Value of is 1.00.