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Last Updated on: 21 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 532467 | NSE: HAZOOR

Hazoor Multi Projects Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 20, 2024, 8:03 pm

Market Cap 1,101 Cr.
Current Price 55.9
High / Low63.9/13.6
Stock P/E13.1
Book Value 19.5
Dividend Yield0.54 %
ROCE%
ROE%
Face Value 1.00
PEG Ratio0.13

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

View Share Price Target for Hazoor Multi Projects Ltd

Competitors of Hazoor Multi Projects Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
IITL Projects Ltd 24.0 Cr. 48.067.2/15.07.42 70.70.00 %%% 10.0
HB Estate Developers Ltd 172 Cr. 88.3125/41.023.1 80.10.00 %7.00 %2.39 % 10.0
Hazoor Multi Projects Ltd 1,101 Cr. 55.963.9/13.613.1 19.50.54 %%% 1.00
Gyan Developers & Builders Ltd 6.92 Cr. 23.033.8/6.74 12.70.00 %4.02 %3.75 % 10.0
GG Dandekar Properties Ltd 56.2 Cr. 118163/87.4 96.90.00 %1.27 %9.45 % 1.00
Industry Average11,083.89N/A23.46N/AN/A22.9514.65N/A

All Competitor Stocks of Hazoor Multi Projects Ltd

Quarterly Result

MonthDec 2023Mar 2024Jun 2024
Sales80.63463.9370.26
Expenses68.42392.5554.91
Operating Profit12.2171.3815.35
OPM %15.14%15.39%21.85%
Other Income1.083.671.19
Interest0.002.292.26
Depreciation0.050.151.55
Profit before tax13.2472.6112.73
Tax %25.76%25.73%25.69%
Net Profit9.8353.949.46
EPS in Rs6.4828.915.02

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

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthAug 2006Aug 2007Aug 2008Aug 2009Aug 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2024
Sales20241501502000545
Expenses13141421422000461
Operating Profit7102-21-2-0-00084
OPM %36%41%12%8%-3%64%26%15%
Other Income01-2-111000005
Interest00000000002
Depreciation11000000000
Profit before tax69-1-132-2-0-00086
Tax %0%9%48%0%6%6%189%-167%-200%-1,000%26%
Net Profit58-1-131-2-100064
EPS in Rs6.29-0.82-8.680.97-1.13-0.370.010.040.0834.18
Dividend Payout %7%11%0%0%0%0%0%0%0%0%9%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2011-20122012-2013
YoY Net Profit Growth (%)50.00%100.00%
Change in YoY Net Profit Growth (%)0.00%50.00%

Hazoor Multi Projects Ltd 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:65%
5 Years:227%
3 Years:211%
1 Year:306%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 2:33 pm

MonthAug 2006Aug 2007Aug 2008Aug 2009Aug 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2024
Equity Capital49101010101010101019
Reserves222629111199999218
Borrowings-011101230-0110
Other Liabilities12112113687310309
Total Liabilities38466235272928252019656
Fixed Assets6791514131313131316
CWIP02-0-04-0-0-0-0-0-0
Investments565100110-033
Other Assets263147181016141276607
Total Assets38466235272928252019656

Reserves and Borrowings Chart

Cash Flow

MonthAug 2006Aug 2007Aug 2008Aug 2009Aug 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2024
Cash from Operating Activity +21-17-2-3125-0-123
Cash from Investing Activity +-5-3170-0-1-000-5
Cash from Financing Activity +23-012-1-2-6-0171
Net Cash Flow-110-1-000-1-043

Free Cash Flow

MonthAug 2006Aug 2007Aug 2008Aug 2009Aug 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2024
Free Cash Flow7.009.001.00-3.001.00-3.00-2.00-3.000.000.00-26.00

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

MonthAug 2006Aug 2007Aug 2008Aug 2009Aug 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2024
Debtor Days1009023525036548013
Inventory Days1,253
Days Payable207
Cash Conversion Cycle1009023525036548013
Working Capital Days22328155798-411-261-250182
ROCE %30%6%-6%7%-7%-1%-0%0%0%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Nov 2024
Promoters25.93%25.93%25.93%25.93%25.93%25.93%25.93%25.93%25.93%21.08%20.94%20.04%
FIIs0.00%0.00%0.00%0.00%0.00%1.36%5.29%9.39%10.92%19.18%19.63%18.98%
Public74.07%74.07%74.07%74.07%74.08%72.71%68.77%64.68%63.15%59.75%59.42%60.98%
No. of Shareholders5,4455,3646,2976,5056,2916,9078,91211,76513,82413,19615,82119,942

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 15Mar 14Mar 13Mar 12
FaceValue10.004.004.004.004.00
Basic EPS (Rs.)52.320.050.020.01-0.22
Diluted EPS (Rs.)52.320.050.020.01-0.22
Cash EPS (Rs.)34.180.060.090.07-0.15
Book Value[Excl.RevalReserv]/Share (Rs.)126.437.477.558.669.15
Book Value[Incl.RevalReserv]/Share (Rs.)126.437.477.558.669.15
Revenue From Operations / Share (Rs.)290.990.070.110.000.68
PBDIT / Share (Rs.)47.200.020.070.050.00
PBIT / Share (Rs.)47.100.000.01-0.01-0.07
PBT / Share (Rs.)45.880.000.01-0.01-0.07
Net Profit / Share (Rs.)34.080.040.020.01-0.21
NP After MI And SOA / Share (Rs.)34.080.040.020.01-0.21
PBDIT Margin (%)16.2226.2968.130.00-0.36
PBIT Margin (%)16.186.726.610.00-10.33
PBT Margin (%)15.765.935.000.00-10.89
Net Profit Margin (%)11.7159.3520.470.00-31.83
NP After MI And SOA Margin (%)11.7159.3520.470.00-31.83
Return on Networth / Equity (%)26.950.600.300.08-2.91
Return on Capital Employeed (%)23.080.060.09-0.10-0.70
Return On Assets (%)9.720.590.290.06-2.00
Long Term Debt / Equity (X)0.410.000.000.140.10
Total Debt / Equity (X)0.460.000.000.140.10
Asset Turnover Ratio (%)0.000.010.010.000.00
Current Ratio (X)2.221.080.992.610.37
Quick Ratio (X)2.221.080.992.370.32
Dividend Payout Ratio (NP) (%)7.060.000.000.000.00
Dividend Payout Ratio (CP) (%)7.040.000.000.000.00
Earning Retention Ratio (%)92.940.000.000.000.00
Cash Earning Retention Ratio (%)92.960.000.000.000.00
Interest Coverage Ratio (X)38.6433.0342.5223.47-0.65
Interest Coverage Ratio (Post Tax) (X)28.8975.5513.783.57-55.69
Enterprise Value (Cr.)582.263.290.927.809.47
EV / Net Operating Revenue (X)1.0716.923.240.005.42
EV / EBITDA (X)6.5964.334.7653.23-1467.45
MarketCap / Net Operating Revenue (X)0.9817.763.950.002.21
Retention Ratios (%)92.930.000.000.000.00
Price / BV (X)2.280.180.050.150.20
Price / Net Operating Revenue (X)0.9817.803.960.002.21
EarningsYield0.110.030.050.01-0.14

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Hazoor Multi Projects Ltd as of November 21, 2024 is: 38.52

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 November 21, 2024, Hazoor Multi Projects Ltd is Overvalued by 31.09% compared to the current share price 55.90

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

Intrinsic Value of Hazoor Multi Projects Ltd as of November 21, 2024 is: 78.68

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 November 21, 2024, Hazoor Multi Projects Ltd is Undervalued by 40.75% compared to the current share price 55.90

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

StrengthWeakness
  1. The company has higher reserves (32.91 cr) compared to borrowings (10.82 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (56.45 cr) and profit (7.91 cr) over the years.
  1. The stock has a low average ROCE of 2.64%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 38.09, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 118.91, which may not be favorable.

Stock Analysis

  • 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 Hazoor Multi Projects Ltd:
    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: 22.95%)
      • 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: 14.65%)
      • 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: 13.1 (Industry average Stock P/E: 23.46)
      • 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.
INDUSTRYADDRESSCONTACT
Construction, Contracting & EngineeringC-45, 4th Floor, Plot -210, C Wing, Mittal Tower, Barrister Mumbai Maharashtra 400021hmpl.india@gmail.com
http://www.hazoormultiproject.com
Management
NamePosition Held
Mr. Pawankumar Nathmal MallawatChairman & Executive Director
Mr. Dineshkumar Laxminarayan AgrawalExecutive Director
Mr. Akshay Pawan Kumar JainWholeTime Director & CEO
Ms. Pratima Prem Mohan SrivastavaInd. Non-Executive Director
Ms. Madhuri Purshottam BohraInd. Non-Executive Director
Mr. Harsh Harish SharmaInd. Non-Executive Director
Mr. Tejas Kirtikumar ThakkarAdditional Executive Director
Mr. Arvind Vilasrao SapkalAddnl. & Non Exe.Director
Mr. Pramod KumarAddnl. & Ind.Director
Mrs. Divya SolankiAddnl. & Ind.Director

FAQ

What is the latest intrinsic value of Hazoor Multi Projects Ltd?

The latest intrinsic value of Hazoor Multi Projects Ltd as on 21 November 2024 is ₹38.52, which is 31.09% lower than the current market price of ₹55.90.

What is the Market Cap of Hazoor Multi Projects Ltd?

The Market Cap of Hazoor Multi Projects Ltd is 1,101 Cr..

What is the current Stock Price of Hazoor Multi Projects Ltd as on 21 November 2024?

The current stock price of Hazoor Multi Projects Ltd as on 21 November 2024 is ₹55.9.

What is the High / Low of Hazoor Multi Projects Ltd stocks in FY 2024?

In FY 2024, the High / Low of Hazoor Multi Projects Ltd stocks is 63.9/13.6.

What is the Stock P/E of Hazoor Multi Projects Ltd?

The Stock P/E of Hazoor Multi Projects Ltd is 13.1.

What is the Book Value of Hazoor Multi Projects Ltd?

The Book Value of Hazoor Multi Projects Ltd is 19.5.

What is the Dividend Yield of Hazoor Multi Projects Ltd?

The Dividend Yield of Hazoor Multi Projects Ltd is 0.54 %.

What is the ROCE of Hazoor Multi Projects Ltd?

The ROCE of Hazoor Multi Projects Ltd is %.

What is the ROE of Hazoor Multi Projects Ltd?

The ROE of Hazoor Multi Projects Ltd is %.

What is the Face Value of Hazoor Multi Projects Ltd?

The Face Value of Hazoor Multi Projects Ltd is 1.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Hazoor Multi Projects Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE