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Day Open
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Day High
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Day Low
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NSE Close — 25 Sep 2026
₹68.04
Change
-2.47 (-3.5%)
Open
₹71.0
Prev. Close
₹70.51
Day High
₹74.0
Day Low
₹68.04
Volume Analysis
Traded
129
Delivered
128
Delivery %
99.22%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (1)
- •Strong operating margin (34.0%)
Weaknesses (3)
- •High debt-to-equity ratio (1.34)
- •Low return on equity (6.37%)
- •Promoter holding is falling
Opportunities (0)
No signal for this stock
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹77.98 | ₹75.99 | ₹72.02 | ₹70.03 | ₹66.06 | ₹64.07 | ₹60.1 |
| Fibonacci | ₹75.99 | ₹73.71 | ₹72.31 | ₹70.03 | ₹67.75 | ₹66.35 | ₹64.07 |
| Camarilla | ₹69.68 | ₹69.13 | ₹68.59 | ₹70.03 | ₹67.49 | ₹66.95 | ₹66.4 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
—
1 Week
-6.79%
1 Month
-8.67%
3 Months
-16.21%
6 Months
—
1 Year
—
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹98.35
Current price is at or below the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
6.27%
Net margin 10.74% × asset turnover 0.23x × equity multiplier 2.54x
Company Overview
Sector
Realty
Market Cap
₹162 Cr
P/E (TTM)
12.6
ROE
6.37%
Book Value
₹84.3
Face Value
₹10.0
Source: Screener.in (Consolidated figures) — data as of 24 Sep 2026. Not investment advice.
TopFund Analysis
H B Estate Developers L lands in the middle of the pack on TopFund's composite fundamentals check within the Realty sector, at 53/100. The strongest factor is Cash Flow (94/100), while Momentum (28/100) is the weakest area to weigh before deciding. Notably: Strong operating margin (34.0%); high debt-to-equity ratio (1.34); low return on equity (6.37%).
TopFund Score — Fundamentals Quality
53/100 — AverageData confidence: 75/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Stock is trading at 0.84 times its book value
- +Company has delivered good profit growth of 19.0% CAGR over last 5 years
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Company has a low return on equity of 5.38% over last 3 years.
- −Company might be capitalizing the interest cost
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Newspaper Publication regarding special window for re-lodgment of transfer requests of physical shares.
HB Estate reports KMP Manager Banmala Jha died on August 23, 2026.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 24 | 24 | 30 | 31 | 26 | 27 | 31 | 33 | 24 | 27 | 33 | 33 | 28 |
| Expenses + | 17 | 17 | 18 | 19 | 17 | 19 | 19 | 20 | 17 | 19 | 18 | 22 | 20 |
| Operating Profit | 7 | 7 | 12 | 13 | 9 | 8 | 13 | 13 | 7 | 8 | 15 | 11 | 7 |
| OPM % | 30.0% | 29.41% | 39.25% | 40.91% | 33.62% | 30.76% | 40.62% | 39.9% | 27.53% | 30.19% | 45.55% | 32.94% | 26.85% |
| Other Income + | 0 | 1 | 0 | 1 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Interest | 6 | 6 | 7 | 6 | 6 | 6 | 5 | 5 | 4 | 4 | 4 | 4 | 3 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | -1 | 0 | 3 | 5 | 2 | 1 | 6 | 7 | 1 | 2 | 9 | 6 | 2 |
| Tax % | 84.62% | 272.0% | 50.98% | 12.57% | 46.78% | 62.5% | 16.03% | 37.09% | 27.78% | 37.75% | 31.29% | 38.05% | 37.9% |
| Net Profit + | -1 | -1 | 2 | 5 | 1 | 0 | 5 | 5 | 0 | 1 | 7 | 4 | 2 |
| EPS in Rs | -1 | 0 | 1 | 2 | 0 | 0 | 2 | 2 | 0 | 1 | 3 | 2 | 1 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 67 | 73 | 84 | 89 | 82 | 24 | 50 | 95 | 108 | 116 | 115 | 121 |
| Expenses + | 52 | 57 | 62 | 61 | 55 | 30 | 42 | 63 | 69 | 73 | 75 | 79 |
| Operating Profit | 15 | 17 | 21 | 28 | 27 | -6 | 8 | 32 | 39 | 43 | 41 | 42 |
| OPM % | 23.0% | 23.0% | 25.0% | 32.0% | 32.0% | -24.0% | 16.0% | 34.0% | 36.0% | 37.0% | 35.0% | 34.0% |
| Other Income + | 3 | 2 | 1 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 |
| Interest | 30 | 31 | 27 | 28 | 25 | 22 | 24 | 25 | 26 | 22 | 16 | 15 |
| Depreciation | 15 | 14 | 14 | 14 | 14 | 14 | 7 | 7 | 7 | 8 | 8 | 8 |
| Profit before tax | -28 | -27 | -19 | -12 | -12 | -41 | -22 | 3 | 7 | 16 | 18 | 20 |
| Tax % | 11.0% | -26.0% | -13.0% | -14.0% | -24.0% | -26.0% | -29.0% | 556.0% | 47.0% | 33.0% | 34.0% | — |
| Net Profit + | -31 | -20 | -16 | -10 | -9 | -30 | -16 | -12 | 4 | 11 | 12 | 13 |
| EPS in Rs | -19 | -12 | -8 | -5 | -5 | -16 | -8 | -6 | 2 | 5 | 5 | 6 |
| Dividend Payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 1 | 234 | 218 | 200 | 186 | 154 | 138 | 126 | 129 | 153 | 170 |
| Borrowings + | 402 | 292 | 287 | 287 | 274 | 328 | 347 | 331 | 311 | 284 | 258 |
| Other Liabilities + | 52 | 40 | 42 | 36 | 39 | 28 | 25 | 29 | 34 | 38 | 39 |
| Total Liabilities | 470 | 585 | 567 | 543 | 519 | 529 | 530 | 505 | 494 | 496 | 491 |
| Fixed Assets + | 418 | 475 | 461 | 448 | 435 | 422 | 416 | 411 | 406 | 404 | 398 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 6 | 21 | 22 | 14 | 2 | 2 | 3 | 3 | 3 | 2 | 2 |
| Other Assets + | 47 | 89 | 85 | 82 | 82 | 105 | 111 | 91 | 85 | 90 | 91 |
| Total Assets | 470 | 585 | 567 | 543 | 519 | 529 | 530 | 505 | 494 | 496 | 491 |
| Equity Capital | 16 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 22 | 23 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 17 | 2 | 29 | 34 | 29 | -14 | 3 | 42 | 49 | 35 | 45 |
| Cash from Investing Activity + | 3 | -1 | 0 | 6 | 10 | 0 | 0 | -2 | -1 | -4 | -1 |
| Cash from Financing Activity + | -20 | 1 | -29 | -38 | -42 | 16 | -6 | -41 | -45 | -32 | -36 |
| Net Cash Flow | 1 | 1 | 0 | 2 | -3 | 2 | -3 | -1 | 2 | -2 | 9 |
| CFO/OP | 120 | 8 | 140 | 118 | 108 | 283 | 45 | 134 | 127 | 80 | 108 |
| Free Cash Flow | 15 | 0 | 28 | 33 | 26 | -14 | 2 | 40 | 46 | 29 | 44 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 30.88% | 30.87% | 30.87% | 30.86% | 30.86% | 30.88% | 27.98% | 28.0% | 30.28% | 32.56% | 32.56% | 32.23% |
| Promoters | 69.1% | 69.1% | 69.1% | 69.1% | 69.1% | 69.1% | 71.98% | 71.98% | 69.69% | 67.42% | 67.42% | 67.75% |
| DII | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.02% | 0.02% | 0.01% | 0.01% | 0.01% | 0.01% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Realty — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| H B Estate Developers L (this stock) | 162 | 12.6 | 0.84 | 6.37% |
| Atal Realtech Limited | 165 | 24.1 | 1.72 | 7.96% |
| Prajay Eng. Syn. Ltd. | 166 | — | 0.35 | -3.86% |
| Amj Land Holdings Limited | 150 | 10.3 | 0.7 | 3.42% |
| Vipul Limited | 146 | — | 0.35 | -7.41% |
| Thakkers Developers Ltd. | 121 | 8.87 | 0.73 | 3.33% |
| Supreme Holdin N Hosp I L | 121 | 168.0 | 0.21 | -0.12% |
Which Mutual Funds Hold H B Estate Developers L?
Frequently Asked Questions about H B Estate Developers L
H B Estate Developers L (HBESD) closed at ₹68.04 on NSE on 25 September 2026, down 2.47 (3.5%) from the previous close.
H B Estate Developers L trades on the NSE (National Stock Exchange of India) under the symbol HBESD.
H B Estate Developers L has a trailing twelve-month P/E (price-to-earnings) ratio of 12.6.
H B Estate Developers L has a dividend yield of 0.0%.
H B Estate Developers L's 52-week high is ₹106.0 and its 52-week low is ₹56.8.
H B Estate Developers L has a market capitalisation of ₹162 crore.
H B Estate Developers L has a TopFund Quality Score of 53/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
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