Please find attached herewith the Annual Report for the financial year 2024-25
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Hazoor Multi Projects Limited has submitted its 33rd Annual Report for the financial year ended March 31, 2025, as required under SEBI Regulation 34(1). The Chairman's message highlights a standalone total income of ₹400.21 crore and net profit of ₹14.09 crore, while the consolidated group figures stand at ₹643.67 crore in total income and ₹39.98 crore in net profit. The company's portfolio spans road construction, irrigation, railway projects, toll plazas, renewable energy, and real estate, with major work-in-progress including NSK-II-24(A) highway project and user fee collection at multiple toll plazas. The board has proposed a final dividend of 20% (₹0.20 per share) for FY25. The 33rd AGM is scheduled for September 29, 2025, via video conferencing, with resolutions covering reappointment of a director, appointment of a secretarial auditor for five years, increase in borrowing powers up to ₹5,000 crore, and regularization of two new directors.
The annual report confirms profitability at both standalone and consolidated levels along with a dividend declaration, which is positive for shareholders. However, the proposal to raise borrowing powers to ₹5,000 crore — substantially higher than current levels — suggests the company may be gearing up for significant expansion or debt-funded growth, which investors should monitor closely.