
About HB Estate Developers
HB Estate Developers is a publicly listed company based in Gurugram (India) founded in 1994. It operates as a residential real estate development services are provided in India. The company has 260 employees. Its Indian entity Hb Estate Developers Limited reported revenue of βΉ120 Cr. HB Estate Developers offers products and services including Commercial Complexes and Residential Complexes. Its focus areas include Real Estate and Construction, Real Estate & Infrastructure Developers and Diversified. Its competitors include Vingroup, Lendlease, Eiffage, Lodha Group and Sunac and 5 more.
Company details
HB Estate Developers was founded in 1994 and is headquartered in Gurugram, India. Residential real estate development is the core focus, with services including property acquisition, construction, and project management. Operations are conducted primarily within the Indian real estate sector, targeting urban areas like the National Capital Region. Housing projects are developed to support residential needs in growing markets.
- Headquarters Gurugram, India
- Employees 260
- Stage Public
- SectorsReal Estate & Construction
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website hbestate.com
- Social LinkedIn
- Legal Name Hb Estate Developers Limited
- Market Cap₹175 Cr
HBESD · NSE
- Share Price₹75.41
-1.18% today
- Revenue₹117 Cr
FY 2025-26 · -0.7% YoY
- EBITDA₹40.71 Cr
Margin 34.8%
- Net Profit₹11.71 Cr
FY 2025-26 · +8.3% YoY
- P/E (TTM)13.6x
P/B 0.9x
- ROE5.6%
ROCE 7.0%
- Debt / Equity0.57
Interest cover 50.4x
- Latest Funding Round$32.27M (USD), Debt – Conventional
Jun 2010
- Employee Count260
Associated legal entities of HB Estate Developers
HB Estate Developers operates through Hb Estate Developers Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hb Estate Developers Limited Listed CIN L99999HR1994PLC034146 | Active | 20 Sep 1994 | Gurgaon, Haryana | ₹120 Cr | 242 | 7 | View details |
Products & Services of HB Estate Developers
HB Estate Developers offers a comprehensive portfolio of products and services, including Commercial Complexes and Residential Complexes.
Development of commercial properties for business use
Planned construction of residential properties in India
Funding Insights of HB Estate Developers
- Total Rounds 1
- Last Round Debt – Conventional β $32.27M
- First Round $32.27M
(Jun 2010)
All 1 funding rounds of HB Estate Developers with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2010 | $32.27M | Debt – Conventional | β | β | β |
Board of directors of Hb Estate Developers Limited (HB Estate Developers)
Hb Estate Developers Limited is the primary company behind HB Estate Developers. The board of Hb Estate Developers Limited currently have 5 directors; the longest-serving is Anil Goyal, appointed in 1994. 19 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anil Goyal DIN 00001938 | Director | 20 Sep 1994 | 32 yrs 1 mo | Hb Estate Developers Limited |
| Lalit Bhasin DIN 00002114 | Director | 20 Sep 1994 | 32 yrs 1 mo | Hb Estate Developers Limited |
| Sunil Malik DIN 01153501 | Director | 12 Feb 2020 | 6 yrs 8 mo | Hb Estate Developers Limited |
| Raj Bhargava Kumar DIN 00016949 | Director | 23 Oct 2024 | 1 yr 11 mo | Hb Estate Developers Limited |
| Urvija Shah DIN 10155229 | Director | 23 Oct 2024 | 1 yr 11 mo | Hb Estate Developers Limited |
IPO & Listings of HB Estate Developers
HB Estate Developers is a publicly listed company on the BSE with ticker symbol HBESD in India, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date05 Jul 2003
- Listed onBSE: 532334
- Listed entityHB Estate Developers Limited
- Exchange sectorConsumer services
- ISININE640B01021
- Share price₹77.90 (-2.65% on the day) · 2026-05-11
- Market capitalisation₹184 Cr
- Price to earnings13.3
- EPS (diluted, trailing year)₹5.87
- Volume (last session)3,123
- Analyst consensusNo rating
Financials of HB Estate Developers
Exchange-reported figures of Hb Estate Developers Limited, the listed company behind HB Estate Developers (NSE: HBESD).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 117 | 118 | 109 | 96.43 | 50.43 | 24.40 | 82.05 |
| Revenue growth | -0.7% | +7.6% | +13.5% | +91.2% | +106.7% | -70.3% | - |
| EBITDA | 40.71 | 43.08 | 38.85 | 31.96 | 7.89 | (5.80) | 26.34 |
| EBITDA margin | +34.8% | +36.6% | +35.5% | +33.1% | +15.7% | -23.8% | +32.1% |
| Profit before tax | 17.76 | 16.02 | 7.33 | 2.55 | (22.00) | (41.06) | (11.51) |
| Net profit | 11.71 | 10.81 | 4.03 | (11.96) | (15.57) | (30.36) | (8.46) |
| Net profit margin | +10.0% | +9.2% | +3.7% | -12.4% | -30.9% | -124.4% | -10.3% |
| EPS (βΉ) | 5.04 | 4.97 | 1.97 | (5.89) | (7.94) | (15.39) | (4.46) |
| Balance sheet | |||||||
| Total assets | 462 | 469 | 470 | 479 | 507 | 504 | 483 |
| Net worth | 299 | 280 | 204 | 250 | 263 | 278 | 291 |
| Total debt | 153 | 179 | 256 | 226 | 242 | 223 | 189 |
| Cash & bank | 26.73 | 19.11 | 11.25 | 12.48 | 18.71 | 21.81 | 6.78 |
| Net working capital | 27.77 | 20.98 | 16.13 | 16.78 | 24.04 | 23.12 | 0.28 |
| Cash flow | |||||||
| Cash from operations | 45.47 | 34.71 | 48.51 | 42.43 | 2.76 | (14.08) | 28.61 |
| Cash from investing | (0.93) | (3.97) | (1.17) | (1.86) | (0.37) | 0.37 | 9.93 |
| Cash from financing | (35.92) | (32.44) | (44.97) | (41.13) | (5.81) | 15.87 | (41.80) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 27.75 | 32.97 | 33.46 | 26.73 | 23.76 | 33.23 | 31.41 | 27.41 |
| Revenue growth (YoY) | +16.8% | -0.8% | +6.5% | -2.5% | -7.3% | - | - | - |
| Other income | 0.41 | 0.49 | 0.36 | 0.28 | 0.40 | 0.98 | 0.32 | 0.36 |
| EBITDA | 7.45 | 10.85 | 15.25 | 8.07 | 6.53 | 13.26 | 12.75 | 8.43 |
| EBITDA margin | +26.8% | +32.9% | +45.6% | +30.2% | +27.5% | +39.9% | +40.6% | +30.8% |
| Depreciation | 2.05 | 1.99 | 2.01 | 2.01 | 1.97 | 1.87 | 1.92 | 1.93 |
| Interest | 3.33 | 3.63 | 4.13 | 4.30 | 4.43 | 5.09 | 5.42 | 5.58 |
| Profit before tax | 2.48 | 5.72 | 9.47 | 2.04 | 0.53 | 7.28 | 5.73 | 1.28 |
| Tax | 0.94 | 2.18 | 2.96 | 0.77 | 0.15 | 2.70 | 0.92 | 0.80 |
| Net profit | 1.54 | 3.54 | 6.51 | 1.27 | 0.38 | 4.58 | 4.81 | 0.48 |
| EPS (βΉ) | 0.67 | 1.54 | 2.98 | 0.59 | 0.18 | 2.25 | 2.42 | 0.25 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 117 | 118 | 109 | 96.43 | 50.43 | 24.40 | 82.05 |
| Revenue growth | -0.7% | +7.6% | +13.5% | +91.2% | +106.7% | -70.3% | - |
| EBITDA | 40.71 | 43.08 | 38.85 | 31.96 | 7.89 | (5.80) | 26.34 |
| EBITDA margin | +34.8% | +36.6% | +35.5% | +33.1% | +15.7% | -23.8% | +32.1% |
| Profit before tax | 17.76 | 16.02 | 7.33 | 2.55 | (22.00) | (41.06) | (11.51) |
| Net profit | 11.71 | 10.60 | 3.75 | (11.96) | (15.57) | (30.36) | (8.46) |
| Net profit margin | +10.0% | +9.0% | +3.4% | -12.4% | -30.9% | -124.4% | -10.3% |
| EPS (βΉ) | 5.04 | 4.97 | 1.97 | (5.89) | (7.94) | (15.39) | (4.46) |
| Balance sheet | |||||||
| Total assets | 462 | 469 | 470 | 479 | 507 | 504 | 483 |
| Net worth | 299 | 280 | 204 | 250 | 263 | 275 | 291 |
| Total debt | 153 | 179 | 256 | 226 | 242 | 226 | 189 |
| Cash & bank | 26.73 | 19.11 | 11.25 | 12.48 | 18.71 | 21.81 | 6.78 |
| Net working capital | 27.77 | 20.98 | 16.13 | 16.78 | 24.04 | 23.12 | 0.28 |
| Cash flow | |||||||
| Cash from operations | 45.47 | 34.71 | 48.51 | 42.43 | 2.76 | (14.08) | 28.61 |
| Cash from investing | (0.93) | (3.97) | (1.17) | (1.86) | (0.37) | 0.37 | 9.93 |
| Cash from financing | (35.92) | (32.44) | (44.97) | (41.13) | (5.81) | 15.87 | (41.80) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 27.75 | 32.97 | 33.46 | 26.73 | 23.76 | 33.23 | 31.41 | 27.41 |
| Revenue growth (YoY) | +16.8% | -0.8% | +6.5% | -2.5% | -7.3% | - | - | - |
| Other income | 0.41 | 0.49 | 0.36 | 0.28 | 0.40 | 0.98 | 0.32 | 0.36 |
| Total expenses | 20.30 | 22.12 | 18.21 | 18.66 | 17.23 | 19.97 | 18.66 | 18.98 |
| EBITDA | 7.45 | 10.85 | 15.25 | 8.07 | 6.53 | 13.26 | 12.75 | 8.43 |
| EBITDA margin | +26.8% | +32.9% | +45.6% | +30.2% | +27.5% | +39.9% | +40.6% | +30.8% |
| Depreciation | 2.05 | 1.99 | 2.01 | 2.01 | 1.97 | 1.87 | 1.92 | 1.93 |
| Interest | 3.33 | 3.63 | 4.13 | 4.30 | 4.43 | 5.09 | 5.42 | 5.58 |
| Profit before tax | 2.48 | 5.72 | 9.47 | 2.04 | 0.53 | 7.28 | 5.73 | 1.28 |
| Tax | 0.94 | 2.18 | 2.96 | 0.77 | 0.15 | 2.70 | 0.92 | 0.80 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 27.75 | 32.97 | 33.46 | 26.73 | 23.76 | 33.23 | 31.41 | 27.41 |
| Revenue growth (YoY) | +16.8% | -0.8% | +6.5% | -2.5% | -7.3% | - | - | - |
| Other income | 0.41 | 0.49 | 0.36 | 0.28 | 0.40 | 0.98 | 0.32 | 0.36 |
| EBITDA | 7.45 | 10.85 | 15.25 | 8.07 | 6.53 | 13.26 | 12.75 | 8.43 |
| EBITDA margin | +26.8% | +32.9% | +45.6% | +30.2% | +27.5% | +39.9% | +40.6% | +30.8% |
| Depreciation | 2.05 | 1.99 | 2.01 | 2.01 | 1.97 | 1.87 | 1.92 | 1.93 |
| Interest | 3.33 | 3.63 | 4.13 | 4.30 | 4.43 | 5.09 | 5.42 | 5.58 |
| Profit before tax | 2.48 | 5.72 | 9.47 | 2.04 | 0.53 | 7.28 | 5.73 | 1.28 |
| Tax | 0.94 | 2.18 | 2.96 | 0.77 | 0.15 | 2.70 | 0.92 | 0.80 |
| Net profit | 1.54 | 3.54 | 6.51 | 1.27 | 0.38 | 4.58 | 4.81 | 0.48 |
| EPS (βΉ) | 0.67 | 1.54 | 2.98 | 0.59 | 0.18 | 2.25 | 2.42 | 0.25 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 117 | 118 | 109 | 96.43 | 50.43 | 24.40 | 82.05 |
| Revenue growth | -0.7% | +7.6% | +13.5% | +91.2% | +106.7% | -70.3% | - |
| Other income | 1.53 | 2.37 | 2.04 | 2.34 | 1.49 | 0.82 | 1.19 |
| Total expenses | 76.22 | 74.62 | 70.55 | 64.47 | 42.54 | 30.20 | 55.71 |
| Employee cost | 23.57 | 21.84 | 19.66 | 17.80 | 14.49 | 12.14 | 20.00 |
| EBITDA | 40.71 | 43.08 | 38.85 | 31.96 | 7.89 | (5.80) | 26.34 |
| EBITDA margin | +34.8% | +36.6% | +35.5% | +33.1% | +15.7% | -23.8% | +32.1% |
| Depreciation | 7.98 | 7.61 | 7.44 | 7.23 | 7.36 | 13.62 | 14.05 |
| Interest | 16.50 | 21.82 | 26.12 | 24.52 | 24.02 | 22.46 | 24.99 |
| Profit before tax | 17.76 | 16.02 | 7.33 | 2.55 | (22.00) | (41.06) | (11.51) |
| Tax | 6.07 | 5.21 | 3.44 | 14.18 | (6.32) | (10.69) | (2.72) |
| Net profit | 11.71 | 10.81 | 4.03 | (11.96) | (15.57) | (30.36) | (8.46) |
| Net profit margin | +10.0% | +9.2% | +3.7% | -12.4% | -30.9% | -124.4% | -10.3% |
| EPS (βΉ) | 5.04 | 4.97 | 1.97 | (5.89) | (7.94) | (15.39) | (4.46) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 128 | 127 | 74.73 | 125 | 125 | 125 | 105 |
| Reserves & surplus | 170 | 150 | 129 | 125 | 136 | 150 | 176 |
| Shareholders' funds (net worth) | 299 | 280 | 204 | 250 | 263 | 278 | 291 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 153 | 175 | 200 | 215 | 228 | 209 | 151 |
| Unsecured loans | 0.00 | 4.27 | 55.74 | 10.40 | 13.81 | 13.49 | 38.09 |
| Total debt | 153 | 179 | 256 | 226 | 242 | 223 | 189 |
| Total liabilities | 462 | 469 | 470 | 479 | 507 | 504 | 483 |
| Assets | |||||||
| Gross block | 502 | 501 | 495 | 493 | 491 | 492 | 492 |
| Net block | 398 | 404 | 406 | 411 | 416 | 422 | 435 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 2.06 | 2.11 | 2.79 | 2.88 | 3.01 | 2.34 | 1.96 |
| Inventories | 15.33 | 14.51 | 14.80 | 14.88 | 13.40 | 14.23 | 14.83 |
| Sundry debtors | 6.50 | 4.46 | 3.46 | 3.11 | 2.77 | 1.74 | 2.42 |
| Cash & bank balances | 26.73 | 19.11 | 11.25 | 12.48 | 18.71 | 21.81 | 6.78 |
| Loans & advances | 8.51 | 10.82 | 10.67 | 12.48 | 11.32 | 10.75 | 12.66 |
| Total current assets | 57.07 | 48.90 | 40.18 | 42.95 | 46.20 | 48.53 | 36.69 |
| Total current liabilities | 29.30 | 27.92 | 24.05 | 26.17 | 22.16 | 25.41 | 36.41 |
| Net working capital | 27.77 | 20.98 | 16.13 | 16.78 | 24.04 | 23.12 | 0.28 |
| Total assets | 462 | 469 | 470 | 479 | 507 | 504 | 483 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 4.64 | 6.34 | 3.96 | 4.52 | 7.94 | 5.77 | 9.03 |
| Net cash from operating activities | 45.47 | 34.71 | 48.51 | 42.43 | 2.76 | (14.08) | 28.61 |
| Net cash from investing activities | (0.93) | (3.97) | (1.17) | (1.86) | (0.37) | 0.37 | 9.93 |
| Net cash from financing activities | (35.92) | (32.44) | (44.97) | (41.13) | (5.81) | 15.87 | (41.80) |
| Net change in cash | 8.62 | (1.70) | 2.38 | (0.56) | (3.42) | 2.17 | (3.26) |
| Closing cash | 26.73 | 19.11 | 11.25 | 12.48 | 18.71 | 21.81 | 6.78 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -0.7% | +7.6% | +13.5% | +91.2% | +106.7% | -70.3% | - |
| EBITDA growth | -5.5% | +10.9% | +21.6% | +305.1% | +236.0% | -122.0% | - |
| PBT growth | +10.9% | +118.6% | +187.5% | +9998.0% | +46.4% | -256.7% | +5.0% |
| Net income growth | +8.3% | +168.2% | +133.7% | +23.2% | +48.7% | -258.9% | - |
| Revenue CAGR (3Y) | +6.6% | +32.7% | +64.9% | +5.5% | -17.3% | -33.7% | +3.8% |
| EBITDA CAGR (3Y) | +8.4% | +76.1% | - | +6.7% | -34.6% | - | +16.8% |
| Profitability & leverage | |||||||
| Net income margin | +10.0% | +9.2% | +3.6% | -12.1% | -31.1% | -124.5% | -10.7% |
| Return on capital employed | +7.0% | +7.0% | +6.3% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | +5.6% | +4.6% | +1.9% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.57 | 0.90 | 1.06 | 0.91 | 0.86 | 0.72 | 0.66 |
| Long-term debt / equity | 0.42 | 0.54 | 0.61 | 0.57 | 0.58 | 0.57 | 0.55 |
| Interest cover | 50.41 | 61.52 | 83.16 | 99.15 | 4,532.08 | -115.65 | 203.34 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.23 | 0.24 | 0.22 | 0.20 | 0.10 | 0.05 | 0.17 |
| Inventory turnover | 7.84 | 8.03 | 7.37 | 6.82 | 3.65 | 1.68 | 5.72 |
| Debtors turnover | 21.34 | 29.72 | 33.30 | 32.80 | 22.36 | 11.73 | 27.91 |
| EPS (βΉ) | 5.04 | 4.97 | 1.97 | (5.89) | (7.94) | (15.39) | (4.46) |
| Dividend per share (βΉ) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 83.33 | 79.18 | 75.13 | 73.18 | 79.09 | 86.20 | 98.96 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 27.75 | 32.97 | 33.46 | 26.73 | 23.76 | 33.23 | 31.41 | 27.41 |
| Revenue growth (YoY) | +16.8% | -0.8% | +6.5% | -2.5% | -7.3% | - | - | - |
| Other income | 0.41 | 0.49 | 0.36 | 0.28 | 0.40 | 0.98 | 0.32 | 0.36 |
| Total expenses | 20.30 | 22.12 | 18.21 | 18.66 | 17.23 | 19.97 | 18.66 | 18.98 |
| EBITDA | 7.45 | 10.85 | 15.25 | 8.07 | 6.53 | 13.26 | 12.75 | 8.43 |
| EBITDA margin | +26.8% | +32.9% | +45.6% | +30.2% | +27.5% | +39.9% | +40.6% | +30.8% |
| Depreciation | 2.05 | 1.99 | 2.01 | 2.01 | 1.97 | 1.87 | 1.92 | 1.93 |
| Interest | 3.33 | 3.63 | 4.13 | 4.30 | 4.43 | 5.09 | 5.42 | 5.58 |
| Profit before tax | 2.48 | 5.72 | 9.47 | 2.04 | 0.53 | 7.28 | 5.73 | 1.28 |
| Tax | 0.94 | 2.18 | 2.96 | 0.77 | 0.15 | 2.70 | 0.92 | 0.80 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 117 | 118 | 109 | 96.43 | 50.43 | 24.40 | 82.05 |
| Revenue growth | -0.7% | +7.6% | +13.5% | +91.2% | +106.7% | -70.3% | - |
| Other income | 1.53 | 2.37 | 2.04 | 2.34 | 1.49 | 0.82 | 1.19 |
| Total expenses | 76.22 | 74.62 | 70.55 | 64.47 | 42.54 | 30.20 | 55.71 |
| Employee cost | 23.57 | 21.84 | 19.66 | 17.80 | 14.49 | 12.14 | 20.00 |
| EBITDA | 40.71 | 43.08 | 38.85 | 31.96 | 7.89 | (5.80) | 26.34 |
| EBITDA margin | +34.8% | +36.6% | +35.5% | +33.1% | +15.7% | -23.8% | +32.1% |
| Depreciation | 7.98 | 7.61 | 7.44 | 7.23 | 7.36 | 13.62 | 14.05 |
| Interest | 16.50 | 21.82 | 26.12 | 24.52 | 24.02 | 22.46 | 24.99 |
| Profit before tax | 17.76 | 16.02 | 7.33 | 2.55 | (22.00) | (41.06) | (11.51) |
| Tax | 6.07 | 5.21 | 3.44 | 14.18 | (6.32) | (10.69) | (2.72) |
| Net profit | 11.71 | 10.60 | 3.75 | (11.96) | (15.57) | (30.36) | (8.46) |
| Net profit margin | +10.0% | +9.0% | +3.4% | -12.4% | -30.9% | -124.4% | -10.3% |
| EPS (βΉ) | 5.04 | 4.97 | 1.97 | (5.89) | (7.94) | (15.39) | (4.46) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 128 | 127 | 74.73 | 125 | 125 | 121 | 105 |
| Reserves & surplus | 170 | 150 | 129 | 125 | 136 | 150 | 176 |
| Shareholders' funds (net worth) | 299 | 280 | 204 | 250 | 263 | 275 | 291 |
| Secured loans | 153 | 175 | 200 | 215 | 228 | 209 | 153 |
| Unsecured loans | 0.00 | 4.27 | 55.74 | 10.40 | 13.81 | 16.74 | 36.17 |
| Total debt | 153 | 179 | 256 | 226 | 242 | 226 | 189 |
| Total liabilities | 462 | 469 | 470 | 479 | 507 | 504 | 483 |
| Assets | |||||||
| Gross block | 502 | 501 | 495 | 493 | 491 | 492 | 492 |
| Net block | 398 | 404 | 406 | 411 | 416 | 422 | 435 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 2.06 | 2.11 | 2.79 | 2.88 | 3.01 | 2.34 | 1.96 |
| Inventories | 15.33 | 14.51 | 14.80 | 14.88 | 13.40 | 14.23 | 14.83 |
| Sundry debtors | 6.50 | 4.46 | 3.46 | 3.11 | 2.77 | 1.74 | 2.42 |
| Cash & bank balances | 26.73 | 19.11 | 11.25 | 12.48 | 18.71 | 21.81 | 6.78 |
| Loans & advances | 8.51 | 10.82 | 10.67 | 12.48 | 11.32 | 10.75 | 12.66 |
| Total current assets | 57.07 | 48.90 | 40.18 | 42.95 | 46.20 | 48.53 | 36.69 |
| Total current liabilities | 29.30 | 27.92 | 24.05 | 26.17 | 22.16 | 25.41 | 36.41 |
| Net working capital | 27.77 | 20.98 | 16.13 | 16.78 | 24.04 | 23.12 | 0.28 |
| Total assets | 462 | 469 | 470 | 479 | 507 | 504 | 483 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 4.64 | 6.34 | 3.96 | 4.52 | 7.94 | 5.77 | 9.03 |
| Net cash from operating activities | 45.47 | 34.71 | 48.51 | 42.43 | 2.76 | (14.08) | 28.61 |
| Net cash from investing activities | (0.93) | (3.97) | (1.17) | (1.86) | (0.37) | 0.37 | 9.93 |
| Net cash from financing activities | (35.92) | (32.44) | (44.97) | (41.13) | (5.81) | 15.87 | (41.80) |
| Net change in cash | 8.62 | (1.70) | 2.38 | (0.56) | (3.42) | 2.17 | (3.26) |
| Closing cash | 26.73 | 19.11 | 11.25 | 12.48 | 18.71 | 21.81 | 6.78 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -0.7% | +7.6% | +13.5% | +91.2% | +106.7% | -70.3% | - |
| EBITDA growth | -5.5% | +10.9% | +21.6% | +305.1% | +236.0% | -122.0% | - |
| PBT growth | +10.9% | +118.6% | +187.5% | +9998.0% | +46.4% | -256.7% | +5.0% |
| Net income growth | +10.5% | +182.7% | +131.4% | +23.2% | +48.7% | -258.9% | - |
| Revenue CAGR (3Y) | +6.6% | +32.7% | +64.9% | +5.5% | -17.3% | -33.7% | +3.8% |
| EBITDA CAGR (3Y) | +8.4% | +76.1% | - | +6.7% | -34.6% | - | +16.8% |
| Profitability & leverage | |||||||
| Net income margin | +10.0% | +9.2% | +3.6% | -12.1% | -31.1% | -124.5% | -10.7% |
| Return on capital employed | +7.0% | +7.0% | +6.3% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | +5.6% | +4.6% | +1.9% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.57 | 0.90 | 1.06 | 0.91 | 0.87 | 0.73 | 0.66 |
| Long-term debt / equity | 0.42 | 0.54 | 0.61 | 0.57 | 0.59 | 0.58 | 0.55 |
| Interest cover | 50.41 | 61.52 | 83.16 | 99.15 | 4,532.08 | -115.65 | 203.34 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.23 | 0.24 | 0.22 | 0.20 | 0.10 | 0.05 | 0.17 |
| Inventory turnover | 7.84 | 8.03 | 7.37 | 6.82 | 3.65 | 1.68 | 5.72 |
| Debtors turnover | 21.34 | 29.72 | 33.30 | 32.80 | 22.36 | 11.73 | 27.91 |
| EPS (βΉ) | 5.04 | 4.97 | 1.97 | (5.89) | (7.94) | (15.39) | (4.46) |
| Dividend per share (βΉ) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 83.33 | 79.18 | 75.13 | 73.18 | 79.09 | 86.20 | 98.96 |
Timeline of HB Estate Developers
3 dated milestones of HB Estate Developers across 16 years, from founding to its latest funding, stage changes and deals.
- Founded HB Estate Developers is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $32.3M.
Competitors of HB Estate Developers
HB Estate Developers has 10 listed competitors in our database. They include Vingroup, Lendlease, Eiffage, Lodha Group and Sunac, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vingroup.net | 1993 | Hanoi, Vietnam | – | 347 | Real estate development and management services are offered by Vingroup. | |
| lendlease.com | 1958 | Melbourne, Australia | – | – | Sustainable project development and maintenance services are provided worldwide. | |
| eiffage.com | 1920 | Paris, France | – | 63,164 | Eiffage is engaged in construction, energy, and infrastructure concessions. | |
| lodhagroup.com | 1980 | Mumbai, India | – | 4,846 | Developer of residential and commercial real estate properties | |
| sunac.com.cn | 2003 | Shanghai, China | – | 19,271 | Residential and commercial real estate development is conducted by Sunac. | |
| vanke.com | 1984 | Shenzhen, China | – | 77,708 | Real estate properties are developed in over 50 cities. | |
| frasersproperty.com | 1924 | Singapore | – | 4,399 | Residential and commercial properties are developed and managed across regions. | |
| dlf.in | 1947 | Gurugram, India | – | 132 | Provider of property and real estate development services | |
| mirvac.com | 1972 | Sydney, Australia | – | – | Residential and commercial properties are developed and managed by Mirvac. | |
| cdl.com.sg | 1963 | Singapore | – | – | Real estate development and management services are provided globally. |
Detailed competitors of HB Estate Developers
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Web traffic of HB Estate Developers
The website of HB Estate Developers (hbestate.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▲ 9% vs previous month
Top companies in Real Estate Developers & Builders
10 companies that operate in the same segment as HB Estate Developers (Real Estate Developers & Builders), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Provider of real estate development properties | 1997 | Dubai, Dubai, United Arab Emirates | USD 98.03 M | – | – | |
Developer of luxury residential properties | 1992 | Mumbai, Maharashtra, India | USD 158.42 M | USD 55.39 M | 1,046 | |
Residential and commercial properties are developed by Godrej Properties. | 1990 | Mumbai, Maharashtra, India | – | USD 546.88 M | 6,030 | |
Real Estate Investment trust providing investment brokerage services. | 1971 | Reno, Nevada, United States | – | USD 755.16 M | 897 | |
Premium residential building development services are provided. | 1980 | Mumbai, Maharashtra, India | USD 152.4 M | USD 658.36 M | 1,480 | |
Real estate development services are provided in India. | 1999 | Gurugram, Haryana, India | USD 14.83 M | – | – | |
Real estate development and management services are offered by Vingroup. | 1993 | Hanoi, Vietnam | – | – | 367 | |
Electricity transmission utility projects are developed and supplied. | 2008 | Mumbai, Maharashtra, India | USD 19.85 M | USD 730.41 M | 2,300 | |
Commercial property development services are provided in India. | 1978 | Hyderabad, Telangana, India | – | USD 2.22 B | 31,410 |
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Related news about Hb Estate Developers
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Frequently Asked Questions about HB Estate Developers
HB Estate Developers was founded in 1994 and raised its 1st funding round 16 years after it was founded.
HB Estate Developers is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
HB Estate Developers has 260 employees.
The primary company behind HB Estate Developers, Hb Estate Developers Limited, reported revenue of βΉ120 Cr for FY 2025, up 8% year on year.
HB Estate Developers was founded in 1994 and is headquartered in Gurugram, India. Residential real estate development is the core focus, with services including property acquisition, construction, and project management. Operations are conducted primarily within the Indian real estate sector, targeting urban areas like the National Capital Region. Housing projects are developed to support residential needs in growing markets.
HB Estate Developers offers Commercial Complexes and Residential Complexes.
Yes, HB Estate Developers is publicly traded on BSE under the ticker symbol HBESD.
HB Estate Developers operates through Hb Estate Developers Limited.
The legal entities of HB Estate Developers currently have 7 directors, including Sunil Malik, Anil Goyal, Lalit Bhasin and others.
