Housing Development & Infrastructure Ltd

Housing Development & Infrastructure Ltd

₹ 4.32 -5.05%
01 Jul - close price
About

Incorporated in 1996, Housing Development & Infrastructure Limited is engaged in real estate construction and development of own or leased property.

Key Points

Business Overview:[1]
Company has completed 100 million+ sq. ft. of construction in all verticals of real estate and has rehabilitated around 30,000 families. Company's operations aggregates every aspect of the real estate business, from residential, commercial and retail projects, to slum rehabilitation and land development.
Company's residential projects range from apartment complexes to towers and townships. Commercial projects comprise premium office spaces as well as multiplex cinemas. In retail, company builds shopping malls.
Company also handles slum rehabilitation projects under a Government scheme which is administered by the Slum Rehabilitation Authority, offering development rights in exchange for clearing and redeveloping slum lands, while providing replacement housing for displaced slum dwellers.

  • Market Cap 205 Cr.
  • Current Price 4.32
  • High / Low 6.24 / 2.25
  • Stock P/E
  • Book Value -48.4
  • Dividend Yield 0.00 %
  • ROCE -5.37 %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • Company has high debtors of 70,990 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Realty Industry: Construction

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
0.19 0.23 0.18 0.10 0.19 0.39 0.30 0.27 0.36 0.41 0.44 0.38 0.82
6.31 1.75 2.63 2.54 6.31 2.29 2.23 2.16 13.08 2.02 1.87 1.88 5.25
Operating Profit -6.12 -1.52 -2.45 -2.44 -6.12 -1.90 -1.93 -1.89 -12.72 -1.61 -1.43 -1.50 -4.43
OPM % -3,221.05% -660.87% -1,361.11% -2,440.00% -3,221.05% -487.18% -643.33% -700.00% -3,533.33% -392.68% -325.00% -394.74% -540.24%
0.35 0.22 0.73 0.29 0.35 0.50 0.24 0.29 0.34 0.23 0.30 0.37 0.37
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.65 0.63 0.63 1.89 0.65 0.60 0.60 0.60 0.94 0.66 0.66 0.65 0.65
Profit before tax -6.42 -1.93 -2.35 -4.04 -6.42 -2.00 -2.29 -2.20 -13.32 -2.04 -1.79 -1.78 -4.71
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-6.42 -1.93 -2.35 -4.04 -6.42 -2.00 -2.29 -2.19 -13.33 -2.04 -1.79 -1.78 -4.72
EPS in Rs -0.14 -0.04 -0.05 -0.09 -0.14 -0.04 -0.05 -0.05 -0.28 -0.04 -0.04 -0.04 -0.10
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
981 771 1,005 1,168 711 388 584 414 1 1 1 2
-30 167 389 526 230 68 286 898 12 12 20 11
Operating Profit 1,011 604 616 643 481 320 298 -484 -11 -11 -18 -9
OPM % 103% 78% 61% 55% 68% 82% 51% -117% -1,256% -1,762% -1,408% -437%
-270 170 86 20 35 15 17 -13,393 1 2 1 1
Interest 568 510 388 369 300 268 192 111 0 0 0 0
Depreciation 8 8 7 8 7 7 5 9 3 3 3 3
Profit before tax 165 256 308 286 209 59 118 -13,997 -12 -12 -20 -10
Tax % 12% 4% 26% -19% 16% -60% 18% 0% 0% 0% 0% 0%
145 245 226 340 175 95 96 -13,967 -12 -12 -20 -10
EPS in Rs 3.47 5.84 5.40 8.13 4.04 2.20 2.12 -294.67 -0.26 -0.26 -0.42 -0.22
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -45%
5 Years: -68%
3 Years: 34%
TTM: 56%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 4%
TTM: 48%
Stock Price CAGR
10 Years: -27%
5 Years: -24%
3 Years: -10%
1 Year: 63%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 419 419 419 419 434 434 454 474 474 474 474 474
Reserves 9,763 10,006 10,236 10,577 10,887 11,025 11,262 -2,714 -2,726 -2,739 -2,759 -2,769
3,143 2,442 2,206 2,016 1,976 1,706 1,504 2,477 2,481 2,484 2,484 2,484
2,984 2,922 3,136 2,757 2,557 3,046 2,864 3,738 3,742 3,747 3,764 3,777
Total Liabilities 16,309 15,789 15,997 15,768 15,853 16,210 16,084 3,975 3,971 3,966 3,963 3,966
167 175 119 131 224 218 212 213 210 207 204 202
CWIP 8 1 0 0 0 0 0 0 0 0 0 0
Investments 864 844 1,236 1,213 1,092 1,084 790 490 490 490 490 490
15,270 14,769 14,642 14,424 14,537 14,909 15,082 3,271 3,270 3,268 3,268 3,274
Total Assets 16,309 15,789 15,997 15,768 15,853 16,210 16,084 3,975 3,971 3,966 3,963 3,966

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
519 1,042 499 397 158 374 -145 -1,018 -4 -0 -2 10
609 181 105 19 37 18 305 132 0 0 0 0
-1,165 -1,211 -622 -480 -227 -392 -161 868 4 2 0 0
Net Cash Flow -38 12 -18 -64 -31 0 -1 -17 -0 3 -2 10

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 156 121 69 51 135 360 237 360 174,938 229,653 112,587 70,990
Inventory Days 81,581 16,139 10,066 30,633 18,220 1,194
Days Payable 3,027 594 412 1,204 684 166
Cash Conversion Cycle 156 78,674 15,614 9,705 29,563 360 17,773 1,388 174,938 229,653 112,587 70,990
Working Capital Days 4,175 5,171 3,926 3,589 6,089 11,085 7,578 -423 -208,217 -282,345 -142,250 -93,963
ROCE % 9% 6% 5% 5% 4% 2% 2% -7% -5% -5% -10%

Shareholding Pattern

Numbers in percentages

Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019
34.25% 36.49% 36.49% 36.49% 36.49% 36.49% 36.49% 36.49% 36.49% 39.28% 39.28% 41.85%
46.30% 42.64% 44.86% 42.32% 33.98% 26.07% 17.78% 14.80% 14.18% 13.27% 17.16% 16.63%
1.52% 1.62% 1.43% 1.87% 4.13% 4.41% 6.29% 1.23% 0.89% 0.60% 0.62% 0.67%
17.93% 19.25% 17.23% 19.32% 25.40% 33.04% 39.44% 47.48% 48.44% 46.84% 42.94% 40.86%
No. of Shareholders 1,94,4242,07,6372,02,8542,02,4372,24,7942,36,3812,55,0572,60,6632,57,7252,57,5782,57,2592,53,368

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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