H B Estate Developers L

H B Estate Developers L (HBESD) is a micro-cap Realty company valued at ₹184 crore operating in Residential, Commercial Projects on the NSE and BSE.

Recent price move

H B Estate Developers L last traded at ₹80.95, sharply up 7.78% on the day.

Recent developments

On 2026-06-30, the company reported a net profit of ₹2 crore for the latest quarter, marking a significant turnaround from the ₹0 crore recorded in the same quarter a year earlier. The promoter holding increased by 0.33 percentage points to 67.74%, indicating continued confidence in the business.

Financial performance

The company's annual revenue fell 0.9% to ₹115 crore, but net profit rose 9.1% to ₹12 crore. The latest quarter saw revenue jump 16.8% to ₹28 crore and net profit surge 305.3% to ₹2 crore, reflecting strong recovery in the quarter compared to the same period a year earlier.

Valuation multiples

The stock trades at 15.9 times earnings, 0.93 times book value.

Things to watch

The company's stock is 32.1% below its 52-week high, and it has not paid any dividends despite reporting profits. The net profit margin improved by 1.0 percentage points to 10.4%, but the return on equity remains low at 6.4%, suggesting limited profitability relative to equity.

Where it stands

HBESD has shown a strong recovery in the latest quarter, with net profit rising sharply to ₹2 crore, but the stock remains far below its 52-week high. The company's profitability has improved, yet it continues to avoid dividend payouts, which may raise concerns about its financial strategy.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.