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Hubtown Ltd

₹ 247-2.15%
07 Jan – close price
🔗hubtown.co.in•BSE: 532799•NSE: HUBTOWN
Market Cap₹ 3,506 Cr.
Current Price₹ 247
High / Low₹ 366
Stock P/E31.0
Book Value₹ 198
Dividend Yield0.00 %
ROCE6.24 %
ROE3.62 %
Face Value₹ 10.0
Sales₹ 360 Cr.
OPM12.6 %
Mar Cap₹ 3,506 Cr.

ABOUT

Incorporated in 1985, Hubtown Ltd is in the business of real estate development

KEY POINTS

Business Overview:[1]Company executes and develops commercial and residential real estate projects on its own and through subsidiaries / joint ventures / associate companies. Company is present in cities viz. Mumbai, Thane, Pune, Ahmedabad, Surat, Vadodara and Mehsana.

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsPreferential IssuanceOrder Book PositionLarge Order ReceiptsJv Partnerships AcquisitionsRevenue Guidance Vs ActualsRed Flags And Poor PerformanceRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.DLF703.2545.12174137.940.851180.09-27.081643.04-16.816.519016.0322.473859.741007.104.057.300.04
2.Lodha Developers1110.9033.34110990.740.38789.8086.503798.5044.6715.6215597.5029.613329.50788.705.215.700.45
3.Prestige Estates1619.5091.0869720.910.11457.40123.882431.705.527.667921.9036.60765.50430.304.411.150.92
4.Phoenix Mills1942.6064.9369468.830.13384.0939.381115.4321.5110.754059.8957.731069.86303.996.446.110.46
5.Godrej Propert.2138.2041.5964455.440.00402.9920.84740.38-32.286.574265.55-18.341549.83405.083.522.670.89
6.Oberoi Realty1708.7027.8162098.130.47760.2628.981779.0434.7917.735327.8156.592233.06760.263.7110.230.18
7.Brigade Enterpr.886.9027.2721688.210.28170.2836.581383.3729.0313.345588.8426.50795.44162.503.353.390.83
8.Hubtown246.9330.973505.560.002.53-88.88112.20131.726.24360.1812.58113.202.531.252.210.17
–Median: 96 Co.166.4133.7858.240.03.786.1744.199.847.42164.1316.5211.182.842.992.390.44

Quarterly Results

Standalone figures in ₹ crores

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
87.6826.2347.9551.58118.46142.0739.6294.0957.9635.3438.6848.42112.20
Expenses
81.2621.4952.2244.07104.72114.4135.2193.7930.2031.5924.3642.91118.05
Operating Profit
6.424.74-4.277.5113.7427.664.410.3027.763.7514.325.51-5.85
Other Income
4.169.6227.173.985.2834.803.979.0142.043.993.9739.9150.45
Profit before tax
-1.783.6520.47-1.819.1857.46-2.74-1.6658.85-5.686.2429.3029.33
Tax %
-105.06%32.60%34.20%-260.22%-11.00%-17.14%15.33%80.12%49.21%-476.76%39.26%22.32%91.37%
Net Profit
0.092.4613.472.9010.1967.31-3.16-2.9929.8921.403.7922.762.53
EPS in Rs
0.010.321.040.381.274.96-0.41-0.372.202.940.501.760.18

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
478412363604342414255238183219174273360
Expenses
18811170253265357104334306206184230315
Operating Profit
2903012933507758152-96-12313-94345
Other Income
3943343126363-483641663114154
Interest
305323300366313115139615548453732
Depreciation
6433334333322
Profit before tax
19182412243-39-158-117-216118166
Net Profit
351127727-7-59-156-12111676113
EPS in Rs
4.871.483.680.903.65-0.97-8.17-21.45-16.621.420.775.638.38
Dividend Payout %
21%0%0%0%0%0%0%0%0%0%0%0%–

Compounded Profit Growth

10 Years:21%
5 Years:98%
3 Years:38%
TTM:249%

Compounded Sales Growth

10 Years:-4%
5 Years:1%
3 Years:14%
TTM:25%

Return on Equity

10 Years:-1%
5 Years:-2%
3 Years:2%
Last Year:4%

Stock Price CAGR

10 Years:9%
5 Years:65%
3 Years:77%
1 Year:-16%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
7373737373737373737680136142
Reserves
1,6191,6391,6491,6551,6821,6621,6031,4461,3291,3611,3802,5062,672
Borrowings
1,4051,2671,3541,400633643487485557511495269470
Other Liabilities
7337038681,0271,7861,8401,8121,7651,7451,5731,169675629
Total Liabilities
3,8293,6813,9444,1554,1754,2173,9753,7693,7033,5223,1243,5853,913
Fixed Assets
24141254505755383735332828
Gross Block
42.3332.6932.7781.1179.6288.5299.1075.4276.8871.1070.1362.09–
Accumulated Depreciation
18.6318.8820.3427.6029.3731.9344.5437.7039.8335.6236.9633.64–
CWIP
0000000000000
Investments
9047471,6501,7131,7581,6691,6791,3991,3791,259514526542
Other Assets
2,9012,9202,2812,3892,3662,4922,2412,3322,2872,2272,5763,0303,342
Total Assets
3,8293,6813,9444,1554,1754,2173,9753,7693,7033,5223,1243,5853,913

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
27834215110535360-1-12060-59-212-535
Cash from Investing Activity
104157-4313420566320721128315-120
Cash from Financing Activity
-397-490-117-241-363-112-74-91-76-77-98657
Net Cash Flow
-158-9-2104-12-55-752

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
9998163203374281128291461316373286
Inventory Days
–––––2,293–6,207–9,2508,124–
Days Payable
–––––266–640–934728–
Cash Conversion Cycle
99981632033742,3081285,8584618,6327,769286
Working Capital Days
489-232-355-35-4811-102124-391388232,087
ROCE %
10%11%11%12%12%6%8%-3%-3%1%3%6%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
42.69%45.40%45.40%45.40%45.40%47.85%46.60%28.81%28.81%32.09%32.09%35.02%
FIIs
3.65%0.11%3.48%3.49%3.55%3.33%3.57%6.75%5.00%4.94%3.69%2.05%
DIIs
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.16%0.20%0.10%0.20%
Public
53.65%54.50%51.13%51.12%51.06%48.82%49.82%64.43%66.01%62.77%64.12%62.74%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Hubtown Limited Declares Non-Applicability of SEBI 'Large Corporate' Status

16th April 2026, 6:12 pm

Hubtown NCLT Order Directs Meetings for Scheme of Arrangement

14th April 2026, 12:17 am

Hubtown Limited receives RTA confirmation for Q4 FY26 DP compliance

7th April 2026, 10:23 pm

Hubtown Promoters Disclose Share Encumbrance for Company Loan Under SEBI Rules

2nd April 2026, 12:08 am

Promoter Vyomesh M. Shah (HUF) Discloses Share Encumbrance in Hubtown Limited

2nd April 2026, 12:09 am

Published by Other Websites

External media mentions & references

Massive Stock Breakouts Unveiled: Top 3 Stocks Explode with Unprecedented Volume - Is Your Portfolio Ready?

13th December 2025, 5:23 pm

Market Roars Back: Nifty Crosses 25,900 as Fed Rate Cut Sparks Major Rally!

11th December 2025, 4:16 pm

Indian Markets Tumble as US Tariffs on Pharma and Crude Oil Concerns Spark Investor Fears

26th September 2025, 3:29 pm

Hubtown Office Raided by GST Department Amid Ongoing Search Operation
Hubtown Files Fund Use Report; Agency Confirms Compliance Post ₹1212 Cr Raise

News Articles

Editorial & research coverage

Massive Stock Breakouts Unveiled: Top 3 Stocks Explode with Unprecedented Volume - Is Your Portfolio Ready?
Massive Stock Breakouts Unveiled: Top 3 Stocks Explode with Unprecedented Volume - Is Your Portfolio Ready?

13th December 2025, 5:23 pm

Hubtown Office Raided by GST Department Amid Ongoing Search Operation
Hubtown Office Raided by GST Department Amid Ongoing Search Operation
Hubtown Qualified Audit: Profit Overstated as Firm Plans ₹600 Cr Fundraise
Hubtown Qualified Audit: Profit Overstated as Firm Plans ₹600 Cr Fundraise

Documents

Announcements

Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.
Disclosure Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015 - Corporate Guarantee For Joynest Premises Private Limited, Subsidiary Of The Company

31 Dec - Dec 31, 2025: Corporate guarantee up to Rs.300 Crore for Joynest NCDs to fund Hubtown Seasons construction.

Board Meeting Outcome for Outcome Of Board Meeting Dated December 30, 2025

30 Dec - Board approved mergers effective Oct 01, 2025; Hubtown to issue large equity, altering shareholding.

Announcement under Regulation 30 (LODR)-Scheme of Arrangement

30 Dec - Board approved composite merger effective Oct 01, 2025; Hubtown to issue 6,221:1 and 16:1 shares, promoter stake increases to 63%.

Closure of Trading Window

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Financial Year 2017

(from bse)

Financial Year 2016

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from bse)

Financial Year 2012

(from bse)

Financial Year 2011

(from bse)

Credit Ratings

Rating update

14 Jan 2022 from brickwork

Rating update

14 Jan 2022 from brickwork

Rating update

13 Jan 2021 from brickwork

Rating update

17 Jan 2020 from brickwork

Rating update

14 Jan 2019 from brickwork

Concalls

Nov 2025

TranscriptPPTRecording

Oct 2025

PPT

Nov 2017

PPT

Nov 2017

PPT

Stock Analysis

Description

  1. Hubtown Limited is a real estate development company that executes commercial and residential projects across various cities in India, including Mumbai, Thane, Pune, Ahmedabad, Surat, Vadodara, and Mehsana.

Key Growth Triggers

  1. Strategic consolidation through proposed mergers of promoter entities to consolidate approximately 4.5 Mn sq ft of developable area, targeting a total development value of ~INR 1,250 Bn post-merger.
  2. Significant debt reduction, lowering it from ~INR 34 Bn in 2017 to approximately INR 10 Bn by September 2025.
  3. A strong pipeline of ongoing and upcoming developments, with a projected FY26 pre-sales target of ₹6,000 Crore.
  4. Recent strong consolidated revenue growth (89% YoY in Q2 FY26) and YTD pre-sales reaching ~₹3,547 Crore as of November 2025.

Order Book

  1. Currently no data available for Order Book.

Key Red Flags

  1. Contingent liabilities of Rs.1,654 Cr.
  2. High debtors days (286 days as per Mar 2025 data).
  3. Working capital days have increased significantly (2,087 days as per Mar 2025 data).
  4. Qualified auditor's opinion on unprovided interest expenses on inter-corporate deposits, impacting reported profits.

Key Dates To Watch

  1. December 31, 2025: Quarter end for RTA confirmation (reported Jan 09, 2026).
  2. February 02, 2026: Deadline for acquisition completion of bus terminal subsidiaries.
  3. April 10, 2027: Lock-in period expiry for certain promoter warrant conversions.
  4. May 30, 2027: Lock-in period expiry for other promoter warrant conversions.

Corporate Announcements

16th Apr 26
Impact Rating: 6
Hubtown Limited clarified it doesn't qualify as a 'Large Corporate' per SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144, thus avoiding specific disclosure requirements for debt security issuances.
13th Apr 26
Impact Rating: 7
Hubtown Limited received an NCLT order dated April 09, 2026, directing it to convene meetings for shareholders and unsecured creditors to approve a proposed Scheme of Arrangement with Saicharan Consultancy Private Limited.
7th Apr 26
Impact Rating: 1
Hubtown Limited's Registrar and Transfer Agent, MUFG Intime India, has issued a confirmation certificate for the quarter ended March 31, 2026, confirming adherence to SEBI DP regulations (Reg 74(5)) regarding securities dematerialisation and cancellation.
1st Apr 26
Impact Rating: 6
Hubtown promoters have disclosed encumbrance of 7,500,000 shares (5.28% of promoter holding) as collateral for company loans, including by Kushal H. Shah and Vyomesh M. Shah, filed under SEBI regulations on April 1, 2026.
1st Apr 26
Impact Rating: 6
On April 1, 2026, promoter Vyomesh M. Shah (HUF) disclosed Hubtown Ltd share pledge (1.20% or 1.71M shares) as loan collateral, with the event dated March 27, 2026, benefiting Edelweiss Investment Advisors.