Audited Results
HBESD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
HB Estate Developers posted strong FY25 results with revenue from operations rising to Rs. 11,769.55 lakhs from Rs. 10,940.11 lakhs in FY24, a growth of about 7.6%. Profit after tax jumped to Rs. 1,079.45 lakhs from Rs. 388.89 lakhs, nearly tripling year-on-year, lifting EPS to Rs. 5.31 from Rs. 2.00. Finance costs fell to Rs. 2,182.34 lakhs from Rs. 2,611.50 lakhs, helping margins expand sharply. The company received an unmodified audit opinion, with promoter-convertible warrants (20 lakh shares) fully converted in March 2025 and another 15 lakh warrants still outstanding for non-promoters.
Sharp profit growth, lower interest burden and an unmodified audit opinion are positive signals for shareholders; however, the hospitality-only business model and still-elevated borrowings keep leverage as a key monitorable.