Outcome of Board Meeting held today i.e 26th May 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.7 pts less than its Residential, Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Hazoor Multi Projects Limited's Board approved FY2025-26 standalone and consolidated audited financial results. Standalone PAT grew 62% to ₹2,287.29 lakhs with marginal revenue growth of 2%, while consolidated PAT rose 7% to ₹4,268.81 lakhs despite consolidated revenue declining 9% to ₹57,957.55 lakhs. Statutory auditors VMRS & Co. issued unmodified opinions on both standalone and consolidated results. Key corporate actions include re-approval for NSE Main Board listing (after share warrant conversions), appointment of N. Ritesh & Associates as Cost Auditor, and withdrawal of the binding offer for Gammon EPC business acquisition citing non-viability. The company's debt-equity ratio improved significantly from 0.19 to 0.01 at standalone level.
Strong standalone profitability growth with 62% PAT increase signals operational efficiency gains. However, the 9% decline in consolidated revenue raises questions about the group's revenue trajectory. The withdrawal of the Gammon acquisition offer removes a potential growth catalyst but may reduce execution risk. The improving balance sheet with near-zero leverage is positive for financial stability.