Hazoor Multi Projects Ltd (HAZOOR)

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Hazoor Multi Projects Ltd (HAZOOR) · mywealthgrid

About

Hazoor Multi Projects Ltd operates in civil construction within the Industrials sector, with a market cap of ₹564.2 Cr. The company trades at a PE of 14.11 and reports an ROE of 11.52%, but financial disclosure is sparse — revenue reporting ends at Mar 2021 (₹24.07 Cr), and recent quarters show either missing data or minimal profitability. The 52-week stock price decline of 52.54% (from ₹44.08 to ₹21.68) reflects significant market concerns requiring investigation.

Face value: ₹1

Market cap

₹485 Cr

P/E

12.1×

P/B

1.1×

Dividend yield

1.1%

ROE

11.5%

ROCE

14.1%

Debt / equity

0.43

OPM

13.9%

EPS (TTM)

₹1.5

Book value

₹16.9

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Revenue reporting gap — No revenue data since Mar 2021 (₹24.07 Cr); most subsequent quarters show 'n/a'. Verify whether company is still executing and what changed in reporting structure.
Margin mismatch — OPM of 13.87% reported now vs. 3.82% in last reported quarter (Mar 2021). Historical quarters show profit volatility from -₹1.24 Cr (Dec 2019) to +₹0.59 Cr (Mar 2021). Verify if recent margin improvement is real or accounting-driven.
Stock collapse — 52-week return of -52.54%, price fell from ₹44.08 to ₹21.68. Verify what execution risks and project pipeline weakness caused this market repricing.
Promoter stake decline — Shareholding fell from 14.59% (Mar 2026) to 13.7% (Jun 2026) with 59.23% public float. Verify reasons for founder's stake reduction.

Generated analysis · source review pending

Growth drivers

Operating margin expanded to 13.87% from 3.82% in last reported quarter (Mar 2021) — if real and sustainable, could drive earnings growth without topline expansion. Verify what operational changes drove margin improvement.
D/E of 0.43 is conservative, providing debt capacity for project financing — verify forward project pipeline company can access with this leverage.
Dividend payouts continuing (Sep 2025, Aug 2024, Aug 2023) signal distributable cash generation despite reporting gaps — verify if from operational profit or reserves, and if sustainable.

Generated analysis · source review pending

556 historical price candles were omitted because the exchange source has not been verified.

₹17.9-4.7%1Y

Quick read

rule-based

Pros

+Strong return on equity of 35.9% (3-yr avg)
+High return on capital employed of 37.1%

Cons

−Low promoter holding of 13.7%
−Promoter holding fell 4.4 pts over the last year

Research score

Structured signal from quality, growth, valuation and momentum.

65/100

Business quality: 39
Valuation: 91

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2023	Mar 2024	Mar 2025
	776	545	638
COGS	8	-1	32
Gross profit	767	—	606
	705	462	517
Operating profit (EBITDA)	63	84	88
OPM %	8.1%	15.4%	13.9%
Depreciation	0	0	24
Interest	2	2	14
	0	5	6
Profit before tax	61	86	56
Tax	16	22	16
Tax %	25.6%	25.7%	29.1%
	46	64	40
PAT margin %	5.9%	11.7%	6.3%
EPS (₹)	89.2	5.2	2
EPS adjusted (₹)	4	3.4	1.8
	0%	57.4%	110%
Annual report	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025

₹ Cr	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity capital	10	11	19	22
Reserves	—	70	218	435
Minority interest	—	—	—	0
	—	22	110	195
	—	150	309	553
Total equity & liabilities	—	253	656	1,206
	11	16	11	195
CWIP	—	—	—	—
Investments	—	2	34	13
	—	235	610	998
Total assets	—	253	656	1,206

₹ Cr	Mar 2023	Mar 2024	Mar 2025
	-9	-123	-145
	-7	-5	-105
	9	195	188
Net cash flow	-7	67	-62
Free cash flow	—	-123	-154
CFO / Operating profit %	-14%	-147.1%	-164.2%

Compounded sales growth

7 years: —
5 years: —
3 years: —
1 year: 17%

Compounded profit growth

7 years: —
5 years: —
3 years: —
1 year: -37%

Return on equity

7 years: —
5 years: —
3 years: 31%
Last year: 9%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2023	Mar 2024	Mar 2025
Margins
Gross margin %	98.9%	—	95%
EBITDA margin %	8.1%	15.4%	13.9%
EBIT margin %	8.1%	15.3%	10.1%
PAT margin %	5.9%	11.7%	6.3%
Working capital
Receivable days	39	13	111
Inventory days	0	0	231
Payable days	3,555	129	3,908
NWC days	-3,517	-116	-3,566
Leverage
Current ratio	0.64	2.22	1.69
Debt to EBITDA	0.35	1.32	2.21
Debt to equity	0.27	0.47	0.43
Interest coverage	36.8	38.5	5
Asset turnover	3.07	0.83	0.53
Return ratios
Return on assets %	18%	9.7%	3.3%
Return on capital employed %	60.9%	36.3%	14.1%
Return on equity %	56.1%	27%	8.7%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	25.93%	25.93%	25.93%	21.08%	20.94%	19.82%	18.98%	18.05%	17.59%	16.92%	14.59%	13.7%
	5.29%	9.39%	10.91%	19.18%	19.64%	19.94%	19.72%	21.9%	23.83%	22.12%	24.28%	26.44%
	0%	0%	0%	0%	0%	0.01%	0.39%	0.37%	0.03%	0.02%	0.1%	0%
	0%	0%	0%	0%	0%	0%	0%	0%	0.81%	0.78%	0.67%	0.63%
	68.78%	64.68%	63.16%	59.74%	59.42%	60.23%	60.91%	59.68%	57.74%	60.16%	60.36%	59.23%
No. of shareholders	—	—	—	—	—	—	—	—	31,071	30,782	30,539	29,870

Promoter holding down 12.23 percentage points since Sep 2023.

154 deals · 13 Aug 2021 – 22 Apr 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
22 Apr 2026	SETU SECURITIES PRIVATE LIMITED	Bulk	BSE	Buy	30,00,000	₹29.43	₹8.83 Cr
22 Apr 2026	NEXTA ENTERPRISES LLP	Bulk	BSE	Sell	30,00,000	₹29.43	₹8.83 Cr
7 Jul 2025	SAUMIK KETANKUMAR DOSHI	Bulk	BSE	Buy	11,00,000	₹45.97	₹5.06 Cr
7 Jul 2025	SAUMIK KETANKUMAR DOSHI	Bulk	BSE	Sell	4,09,593	₹46.05	₹1.89 Cr
12 May 2025	SHREE VIHAR HOUSING & DEVELOPERS PRIVATE LIMITED	Bulk	BSE	Sell	13,59,612	₹39.29	₹5.34 Cr
12 May 2025	KANTILAL CHHAGANLAL SECURITIES PVT LTD.	Bulk	BSE	Buy	10,53,347	₹39.44	₹4.15 Cr
12 May 2025	KANTILAL CHHAGANLAL SECURITIES PVT LTD.	Bulk	BSE	Sell	1,91,693	₹39.40	₹0.76 Cr
15 Apr 2025	NEXPACT LIMITED	Bulk	BSE	Buy	14,00,000	₹48.10	₹6.73 Cr
15 Apr 2025	NEXPACT LIMITED	Bulk	BSE	Buy	13,00,000	₹48.57	₹6.31 Cr
14 Jan 2025	TRADE CORNER	Bulk	BSE	Buy	10,00,000	₹51.40	₹5.14 Cr

1–10 of 154

1 / 16

Mr. RADHESHYAM LAXMANRAO MOPALWARExecutive Director-Chairperson-MD
Mr. PAWANKUMAR NATHMAL MALLAWATExecutive Director
Ms. TUNVIEY RADHESHYAM MOPALWARExecutive Director
Mr. TEJAS KIRTIKUMAR THAKKARExecutive Director
Ms. MADHURI PURSHOTTAM BOHRANon-Executive - Independent Director
Ms. PRATIMA PREM MOHAN SRIVASTAVANon-Executive - Independent Director
Mrs. DIVYA SOLANKINon-Executive - Independent Director
Mr. ARVIND VILASRAO SAPKALNon-Executive - Non Independent Director
Mr. KIRAN VASANTRAO KURUNDKARNon-Executive - Independent Director
Mr. PRADEEP KUMARNon-Executive - Independent Director
Mr. Akshay Pawan Kumar JainChief Executive Officer

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Hazoor Multi Projects Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Credit ratings

Documents link to external sources (exchange filings, company investor pages).

Loading documents…

Events

Upcoming dates and the company’s corporate-action history.

4

Final dividend22 Sept 2025 · ex-date₹0.2
Interim dividend28 Aug 2024 · ex-date₹2
Interim dividend25 Aug 2023 · ex-date₹3
Dividend dividend22 Feb 2008 · ex-date₹0.4

1

Board meeting to consider results13 Aug 2026

1

Face value ₹10 → ₹17 Nov 2024 · ex-date

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

127 announcementsExport CSV

30 Sept 2026, 5:35 pmCompany Update

List Of Key Managerial Personnel ("KMP") To Determine The Materiality Of An Event Or Information And To Make Disclosures To Stock Exchange.

General

Loading announcements…

Ratio	Mar 2023	Mar 2024	Mar 2025
Margins
Gross margin %	98.9%	—	95%
EBITDA margin %	8.1%	15.4%	13.9%
EBIT margin %	8.1%	15.3%	10.1%
PAT margin %	5.9%	11.7%	6.3%
Working capital
Receivable days	39	13	111
Inventory days	0	0	231
Payable days	3,555	129	3,908
NWC days	-3,517	-116	-3,566
Leverage
Current ratio	0.64	2.22	1.69
Debt to EBITDA	0.35	1.32	2.21
Debt to equity	0.27	0.47	0.43
Interest coverage	36.8	38.5	5
Asset turnover	3.07	0.83	0.53
Return ratios
Return on assets %	18%	9.7%	3.3%
Return on capital employed %	60.9%	36.3%	14.1%
Return on equity %	56.1%	27%	8.7%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Larsen & ToubroLTLT	₹5,05,996 Cr	₹6,27,679 Cr	₹2,90,137 Cr	₹28,950 Cr	10.2%	₹16,590 Cr	6.6%	15.4%	15.5%	-142
Rail Vikas Nigam LimitedRVNLRVNL	₹41,075 Cr	₹45,888 Cr	₹20,825 Cr	₹891 Cr	3.8%	₹900 Cr	4.3%	10.2%	9%	66
Kalpataru Projects International LimitedKPILKPIL	₹23,167 Cr	₹26,474 Cr	₹27,380 Cr	₹2,277 Cr	8.3%	₹1,136 Cr	3.8%	20.3%	14.6%	-94
Nbcc (India) LimitedNBCCNBCC	₹20,898 Cr	₹20,898 Cr	₹12,752 Cr	₹656 Cr	4.8%	₹743 Cr	5.8%	29.3%	26.2%	-7,663
Irb Infrastructure Developers LimitedIRBIRB	₹20,533 Cr	₹40,541 Cr	₹7,686 Cr	₹4,182 Cr	52.1%	₹954 Cr	11.1%	6.1%	4.2%	67
Cemindia Projects LimitedCEMPROCEMPRO	₹20,254 Cr	₹21,120 Cr	₹10,185 Cr	₹1,058 Cr	10.2%	₹602 Cr	5.9%	44.8%	28.2%	-110
Engineers India LimitedENGINERSINENGINERSIN	₹17,577 Cr	₹17,577 Cr	₹3,878 Cr	₹750 Cr	17.7%	₹784 Cr	17.6%	28.8%	23.8%	-22
Techno Electric & Engineering Company LimitedTECHNOETECHNOE	₹11,614 Cr	₹11,686 Cr	₹3,356 Cr	₹469 Cr	14.2%	₹431 Cr	14.6%	13.6%	12%	-33
Ircon International LimitedIRCONIRCON	₹10,369 Cr	₹16,033 Cr	₹9,241 Cr	₹771 Cr	8.4%	₹524 Cr	6.5%	7.8%	9.2%	-469
Rites LimitedRITESRITES	₹10,068 Cr	₹10,068 Cr	₹2,458 Cr	₹555 Cr	22.9%	₹417 Cr	18.8%	19.3%	15.4%	-2,276
Welspun Enterprises LimitedWELENTWELENT	₹10,026 Cr	₹11,998 Cr	₹3,544 Cr	₹716 Cr	20.7%	₹308 Cr	10.9%	17.3%	12.5%	-422
Kec International LimitedKECKEC	₹9,912 Cr	₹15,015 Cr	₹23,506 Cr	₹1,599 Cr	7.1%	₹554 Cr	2.6%	23.1%	10.5%	-132

Date	Category	Subject	Filing
30 Sept 2026, 5:35 pm	Company Update General	List Of Key Managerial Personnel ("KMP") To Determine The Materiality Of An Event Or Information And To Make Disclosures To Stock Exchange.	PDF
30 Sept 2026, 5:17 pm	Company Update Change in Management	Announcement under Regulation 30 (LODR)-Change in Management	PDF
30 Sept 2026, 3:57 pm	Company Update Change in Management	Announcement under Regulation 30 (LODR)-Change in Management	PDF
30 Sept 2026, 3:23 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
28 Sept 2026, 5:57 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
18 Sept 2026, 2:21 pm	Company Update Award of Order / Receipt of Order	Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order	PDF
8 Sept 2026, 3:34 pm	Company Update Award of Order / Receipt of Order	Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order	PDF
5 Sept 2026, 1:08 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF

Hazoor Multi Projects Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Credit ratings

Events

Dividends4

Board meetings1

Stock splits1

Announcements

Dividends4

Board meetings1

Stock splits1

Ratio timeline

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Credit ratings

Quarterly record

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

4

1

1

4

1

1