HB Estate Developers Ltd.

BSE: HBESD532334ISIN INE640B01021

Consumer Discretionary
Residential, Commercial Projects

Share price

₹76.00+0.50 (+0.66%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹96.40
52W low: ₹55.00
Off 52W high: -21.16%
1M return: -5.05%
3M return: +2.00%
6M return: -15.65%
1Y return: -10.38%
20D avg volume: 3,092
50 DMA: ₹74.92
200 DMA: ₹72.29

Key ratios Consolidated

Market cap: ₹174.50 Cr
Current price: ₹76.00
52W high / low: ₹96.40 / ₹55.00
Face value: ₹10.00
P/E: 13.57
P/B: 0.91
EPS (TTM): ₹5.60
Book value / share: ₹83.33
ROE: —
ROCE: 8.00%
Operating margin: —
Net margin: —
Debt / equity: 1.33
Net debt: ₹244.65 Cr
Interest cover: 2.08
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 17.2 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	27.75	32.97	33.46	26.73	23.76	33.23	31.41	27.41	25.64	—
	0.41	0.49	0.36	0.28	0.40	0.98	0.32	0.36	0.71	—
	28.16	33.47	33.82	27.01	24.16	34.21	31.73	27.77	26.36	—
	25.68	27.74	24.35	24.97	23.63	26.93	26.00	26.49	24.65	—
	2.54	3.10	3.48	2.51	2.10	3.02	3.02	2.36	2.01	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	6.42	6.58	5.69	5.54	5.75	5.96	5.48	5.43	4.97	—
	3.33	3.63	4.13	4.30	4.43	5.09	5.42	5.58	5.73	—
	2.05	1.99	2.01	2.01	1.97	1.87	1.92	1.93	1.89	—
	11.34	12.44	9.04	10.61	9.38	10.98	10.16	11.19	10.05	—
	2.48	5.73	9.46	2.04	0.53	7.28	5.73	1.28	1.71	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	2.48	5.73	9.46	2.04	0.53	7.28	5.73	1.28	1.71	—
	0.94	2.18	2.96	0.77	0.15	2.70	0.92	0.80	0.80	—
	1.54	3.55	6.50	1.27	0.38	4.58	4.82	0.49	0.91	—
	0.67	1.54	2.98	0.59	0.18	2.25	2.42	0.25	0.46	—
Key metrics
	7.86	11.35	15.60	8.35	6.93	14.24	13.07	8.79	9.33	—
	28.30%	34.40%	46.60%	31.20%	29.20%	42.90%	41.60%	32.10%	36.40%	—
	5.50%	10.80%	19.40%	4.80%	1.60%	13.80%	15.30%	1.80%	3.50%	—
	—	2.20%	—	1.50%	—	2.90%	—	—	—	—
	16.80%	-0.80%	6.50%	-2.50%	-7.30%	—	—	—	—	—
	305.30%	-22.50%	34.90%	159.20%	-58.20%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	120.91	116.93	117.70	—
	1.54	1.53	2.37	—
	122.46	118.46	120.07	—
	102.74	100.69	104.06	—
	11.63	11.19	10.41	—
	0.00	0.00	0.00	—
	24.23	23.57	21.84	—
	15.39	16.50	21.82	—
	8.06	7.98	7.61	—
	43.43	41.46	42.38	—
	19.71	17.77	16.01	—
	0.00	0.00	0.00	—
	19.71	17.77	16.01	—
	6.85	6.06	5.21	—
	12.86	11.70	10.79	—
	5.78	5.19	5.31	—
Key metrics
	43.16	42.25	45.44	—
	35.70%	36.10%	38.60%	—
	10.64%	10.00%	9.20%	—
	—	8.00%	8.80%	—
	4.40%	-0.70%	—	—
	25.22%	8.40%	—	—
	—	43.58	29.07	—
	—	3.89	3.22	—
	—	1.33	1.63	—
	—	244.65	279.50	—
	—	17.2	12.2	—
Balance sheet
	—	490.98	496.36	—
	—	57.06	48.79	—
	—	13.26	4.64	—
	—	6.50	4.38	—
	—	15.33	14.51	—
	—	5.07	5.55	—
	—	397.75	403.84	—
	—	16.34	14.95	—
	—	63.95	68.88	—
	—	257.91	284.14	—
	—	34.65	41.03	—
	—	223.26	243.11	—
	—	193.61	174.53	—
Cash flow
	—	45.47	34.71	—
	—	-0.93	-3.97	—
	—	-35.92	-32.44	—
	—	1.89	5.64	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	27.75	32.97	33.46	26.73	23.76	33.23	31.41	27.41	25.64	—
	0.41	0.49	0.36	0.28	0.40	0.98	0.32	0.36	0.71	—
	28.16	33.47	33.82	27.01	24.16	34.21	31.73	27.77	26.36	—
	25.68	27.74	24.35	24.97	23.63	26.93	26.00	26.49	24.65	—
	2.54	3.10	3.48	2.51	2.10	3.02	3.02	2.36	2.01	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	6.42	6.58	5.69	5.54	5.75	5.96	5.48	5.43	4.97	—
	3.33	3.63	4.13	4.30	4.43	5.09	5.42	5.58	5.73	—
	2.05	1.99	2.01	2.01	1.97	1.87	1.92	1.93	1.89	—
	11.33	12.44	9.03	10.61	9.38	10.98	10.16	11.19	10.05	—
	2.48	5.73	9.46	2.04	0.53	7.28	5.73	1.28	1.71	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	2.48	5.73	9.46	2.04	0.53	7.28	5.73	1.28	1.71	—
	0.94	2.18	2.96	0.77	0.15	2.70	0.92	0.80	0.80	—
	1.54	3.55	6.50	1.27	0.38	4.58	4.82	0.49	0.91	—
	0.67	1.54	2.98	0.59	0.18	2.25	2.42	0.25	0.46	—
Key metrics
	7.86	11.35	15.60	8.35	6.93	14.24	13.07	8.79	9.33	—
	28.30%	34.40%	46.60%	31.20%	29.20%	42.90%	41.60%	32.10%	36.40%	—
	5.50%	10.80%	19.40%	4.80%	1.60%	13.80%	15.30%	1.80%	3.50%	—
	—	2.20%	—	1.50%	—	2.90%	—	—	—	—
	16.80%	-0.80%	6.50%	-2.50%	-7.30%	—	—	—	—	—
	305.30%	-22.50%	34.90%	159.20%	-58.20%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	120.91	116.93	117.70	—
	1.54	1.53	2.37	—
	122.46	118.46	120.07	—
	102.74	100.69	104.06	—
	11.63	11.19	10.41	—
	0.00	0.00	0.00	—
	24.23	23.57	21.84	—
	15.39	16.50	21.82	—
	8.06	7.98	7.61	—
	43.41	41.46	42.38	—
	19.71	17.77	16.01	—
	0.00	0.00	0.00	—
	19.71	17.77	16.01	—
	6.85	6.06	5.21	—
	12.86	11.70	10.79	—
	5.78	5.19	5.31	—
Key metrics
	43.16	42.25	45.44	—
	35.70%	36.10%	38.60%	—
	10.64%	10.00%	9.20%	—
	—	8.00%	8.80%	—
	4.40%	-0.70%	—	—
	25.22%	8.40%	—	—
	—	43.58	29.07	—
	—	3.89	3.22	—
	—	1.33	1.63	—
	—	244.65	279.50	—
	—	17.2	12.2	—
Balance sheet
	—	490.98	496.36	—
	—	57.06	48.79	—
	—	13.26	4.64	—
	—	6.50	4.38	—
	—	15.33	14.51	—
	—	5.07	5.55	—
	—	397.75	403.84	—
	—	16.34	14.95	—
	—	63.95	68.88	—
	—	257.91	284.14	—
	—	34.65	41.03	—
	—	223.26	243.11	—
	—	193.61	174.53	—
Cash flow
	—	45.47	34.71	—
	—	-0.93	-3.97	—
	—	-35.92	-32.44	—
	—	1.89	5.64	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +4.40%
Profit YoY (TTM): +25.22%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +4.40%
Profit YoY (TTM): +25.22%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 67.77%

Quarter	September 2026	June 2026
Promoter %	67.77%	67.76%

Holder	Type	Holding	Previous	Change
Lalit Bhasin	Promoter	47.75%	47.75%	0.00%
H B Portfolio Limited	Promoter Group	9.17%	9.17%	0.00%
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRS	Public	4.91%	4.91%	0.00%
HB STOCKHOLDINGS LIMITED	Promoter Group	4.90%	4.90%	0.00%
NEHA JAIN	Public	3.27%	3.27%	0.00%
MERIDIAN SECURITIES PRIVATE LIMITED	Public	3.27%	3.27%	0.00%
Rima Arora	Promoter Group	2.00%	1.99%	+0.01%
MINAXI JAIN	Public	1.50%	1.50%	0.00%
Mamta kapur	Promoter Group	1.48%	1.48%	0.00%
DEEPAK JAIN	Public	1.10%	1.10%	0.00%
R R B Securities Ltd	Promoter Group	0.67%	0.67%	0.00%
Mehar Arora	Promoter Group	0.39%	0.39%	0.00%
Manasvin Arora	Promoter Group	0.39%	0.39%	0.00%
Ayush Kapur	Promoter Group	0.39%	0.39%	0.00%
Kanishk Kapur	Promoter Group	0.39%	0.39%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
DLF LIMITED	1,78,037	719.25	38.98	6.40%	-29.29% TTM	+6.62% TTM	-7.08%
Lodha Developers Limited	1,11,937	1,120.00	25.72	18.00%	+20.85% TTM	+30.60% TTM	-8.38%
The Phoenix Mills Ltd.	74,091	2,071.45	44.28	11.80%	+12.86% TTM	+19.04% TTM	+17.13%
Prestige Estates Projects Limited	67,971	1,578.05	53.72	13.00%	+67.46% TTM	+103.62% TTM	-9.58%
OBEROI REALTY LIMITED	61,938	1,703.45	23.54	16.70%	+16.64% TTM	+17.82% TTM	-4.40%
Godrej Properties Limited	52,394	1,739.35	39.27	12.00%	+49.99% TTM	-13.26% TTM	-24.13%
Brigade Enterprises Limited	17,657	541.20	21.22	9.90%	-4.37% TTM	+2.36% TTM	-29.23%
Anant Raj Limited	16,572	460.50	27.68	10.40%	+12.31% TTM	+21.36% TTM	-28.62%
Horizon Industrial Parks Limited	12,843	44.55	—	—	—	—	—
Sobha Limited	12,687	1,186.45	66.41	7.60%	+9.57% TTM	+28.50% TTM	-26.67%
ADITYA BIRLA REAL ESTATE LIMITED	11,861	1,061.90	16.98	-4.80%	-26.16% TTM	+413.97% TTM	-42.89%
Sri Lotus Developers and Realty Limited	11,331	231.85	37.10	16.70%	—	—	+30.55%
SIGNATUREGLOBAL (INDIA) LIMITED	9,954	707.50	9.54	36.30%	-22.98% TTM	+709.93% TTM	-34.25%
Max Estates Limited	8,424	515.00	695.54	1.20%	+16.57% TTM	-69.99% TTM	+7.89%
EMBASSY DEVELOPMENTS LIMITED	7,222	51.93	-6.80	-2.20%	-54.57% TTM	-514.70% TTM	-43.97%
Mahindra Lifespace Developers Ltd.	6,723	315.00	22.34	-0.90%	+839.32% TTM	+85.98% TTM	-22.90%
GANESH HOUSING LIMITED	5,278	632.95	23.57	17.80%	-29.50% TTM	-57.50% TTM	-24.55%
Kalpataru Limited	4,947	240.25	182.43	2.40%	—	—	-36.32%
Puravankara Limited	4,775	201.35	17.22	35.70%	+119.51% TTM	+194.89% TTM	-24.56%
VALOR ESTATE LIMITED	4,664	85.98	389.58	4.40%	-54.40% TTM	+113.15% TTM	-41.85%
Keystone Realtors Limited	4,546	359.90	34.71	5.30%	—	—	-35.90%
MAN INFRACONSTRUCTION LIMITED	4,331	107.30	19.63	11.80%	-9.75% TTM	-26.33% TTM	-25.90%
Sunteck Realty Ltd	4,306	293.25	19.69	6.70%	+47.87% TTM	+24.77% TTM	-36.07%
Kolte-Patil Developers Ltd	4,167	469.90	29.28	-0.80%	+37.11% TTM	+120.28% TTM	+8.63%
KESAR INDIA LIMITED	3,920	1,205.00	—	16.60%	—	—	+41.76%
HB Estate Developers Ltd.	174	76.00	13.57	8.00%	+4.40% TTM	+25.22% TTM	-10.38%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

HB Estate Developers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve the Un-Audited Financial ....29 Oct 2026 · Board Meeting / Board Meeting
Submission of certificate under Regulation 74(5)8 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window for the 2nd Quarter and 6 months ending on September 30, 202625 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper Publication regarding special window for re-lodgment of transfer requests of physical shares.15 Sep 2026 · Company Update / Newspaper Publication
Proceedings of the 32nd Annual General Meeting of the Company9 Sep 2026 · AGM/EGM / AGM
Scrutinizer''s Report for the 32nd Annual General Meeting of HB Estate Developers Limited9 Sep 2026 · AGM/EGM / AGM
Proceedings of 32nd Annual General Meeting of HB Estate Developers Limited9 Sep 2026 · AGM/EGM / AGM
Intimation of sad demise of Ms. Banmala Jha, Manager (Key Managerial Personnel) of the Company under Reg 30 of SEBI (LODR), 201524 Aug 2026 · Company Update / Cessation
Intimation of sad demise of Ms. Banwala Jha, Manager, (Key Managerial Personnel) of the Company under reg 30 of SEBI (LODR), 201524 Aug 2026 · Company Update / Change in Management
Letter Intimating the shareholders regarding weblink of the Annual Report and 32nd AGM Notice for FY 2025-26 and also reminder to update KYC against physical shareholding.18 Aug 2026 · Company Update / General
Newspaper publication of Post AGM Notice for FY 2025-2613 Aug 2026 · Company Update / Newspaper Publication
Annual Report of the Company for the Financial Year 2025-2612 Aug 2026 · Others / Reg. 34 (1) Annual Report
The 32nd AGM of the Company is scheduled to be held on Wednesday, September 9, 2026 at 12:00 Noon (IST) through VC/ OAVM12 Aug 2026 · AGM/EGM / AGM
Intimation regarding the newspaper advertisement regarding 32nd Annual General Meeting of the Company11 Aug 2026 · Company Update / Newspaper Publication
Copy of Newspaper Publication of the extract of Un-audited financial statements (Standalone and Consolidated) of HB Estate Developer Limited for quarter and 3 months ended June 30, 20264 Aug 2026 · Company Update / Newspaper Publication
Un-Audited Financial Results for Quarter and three months ended June 30, 20263 Aug 2026 · Result / Financial Results
Outcome of the Board Meeting held on August 3, 20263 Aug 2026 · Board Meeting / Outcome of Board Meeting
HB Estate Developers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/08/2026 ,inter alia, to consider and approve the unaudited financial ....27 Jul 2026 · Board Meeting / Board Meeting
update on 32nd Annual General Meeting of the Company22 Jul 2026 · Company Update / General
Submission of Certificate under Regulation of 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the Quarter ended June, 30 20264 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rima Arora1 Jul 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for RIMA Arora1 Jul 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rima Arora29 Jun 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Pursuant to the provisions of SEBI (PIT) Regulations 2015, as amended from time to time, the Trading Window for dealing in Equity shares of the company shall remain closed for designated ....26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper publication regarding special window for re-lodgement of transfer requests of physical shares.24 Jun 2026 · Company Update / Newspaper Publication
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rima Arora12 Jun 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rima Arora8 Jun 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rima Arora6 Jun 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rima Arora5 Jun 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Publication of Financial Results for the last quarter and year ended March 31, 2026 in newspaper30 May 2026 · Company Update / Newspaper Publication
Annual Secretarial Compliance Report for FY 2025-2629 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Re-appointment of Internal Auditors of the Company for FY 2026-2729 May 2026 · Company Update / Change in Management
Results for the last quarter and year ended March 31, 202629 May 2026 · Result / Financial Results
Outcome of the Board meeting held on May 29, 202629 May 2026 · Board Meeting / Outcome of Board Meeting
HB Estate Developers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve HB Estate Developers Ltd ....22 May 2026 · Board Meeting / Board Meeting
Newspaper Publication of Second 100 days'' Campaign "Saksham Niveshak"28 Apr 2026 · Company Update / Newspaper Publication
Newspaper Publication regarding Special window for relodgement of transfer request and dematerialisation of physical shares14 Apr 2026 · Company Update / Newspaper Publication
Submission of Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the Quarter and year ended on March 31, 20267 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window for the Last Quarter and year ending 31st March 202623 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper publication regarding special window for re-lodgement of transfer request and dematerialisation of Physical shares14 Feb 2026 · Company Update / Newspaper Publication

Board meetings

5 Nov 2026 Board Meeting - Financial Results
3 Aug 2026 Board Meeting - Financial Results