H B ESTATE DEVELOPERS L (HBESD) financials

H B ESTATE DEVELOPERS L (HBESD) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 1994, HB Estate Developers Ltd is engaged in the business of owning and managing hotels and real estate properties.

Market Cap: ₹174Cr.
Current Price: ₹75.1
Stock P/E: 13.5
ROE: 6.37%
ROCE: 7.54%
Book Value: ₹84.3
Dividend Yield: 0.00%
52W High / Low: ₹96.4/55.0

In Jun 2026, H B ESTATE DEVELOPERS L (HBESD) reported sales ₹27.75 Cr and net profit ₹1.54 Cr.

Annual TTM: sales ₹121 Cr, net profit ₹13 Cr.

Shareholding: Promoters 67.75% (Jun 2026), DIIs 0.01% (Jun 2026), Public 32.23% (Jun 2026), No. of Shareholders 65,165% (Jun 2026).

HBESD quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	27.41	31.41	33.23	23.76	26.73	33.46	32.97	27.75
Expenses	18.98	18.65	19.97	17.22	18.66	18.22	22.11	20.30
Operating Profit	8.43	12.76	13.26	6.54	8.07	15.24	10.86	7.45
OPM %	30.76%	40.62%	39.90%	27.53%	30.19%	45.55%	32.94%	26.85%
Other Income	0.36	0.32	0.98	0.40	0.28	0.36	0.49	0.41
Interest	5.58	5.42	5.09	4.43	4.30	4.13	3.63	3.33
Depreciation	1.93	1.92	1.87	1.97	2.01	2.01	1.99	2.05
Profit before tax	1.28	5.74	7.28	0.54	2.04	9.46	5.73	2.48
Tax %	62.50%	16.03%	37.09%	27.78%	37.75%	31.29%	38.05%	37.90%
Net Profit	0.49	4.82	4.58	0.38	1.27	6.50	3.55	1.54
EPS in Rs	0.25	2.48	2.13	0.18	0.57	2.83	1.55	0.67
Raw PDF	—	—	—	—	—	—	—	—

HBESD profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	82	24	50	95	108	116	115	121
Expenses	55	30	42	63	69	73	75	79
Operating Profit	27	-6	8	32	39	43	41	42
OPM %	32%	-24%	16%	34%	36%	37%	35%	34%
Other Income	1	1	1	2	2	2	2	2
Interest	25	22	24	25	26	22	16	15
Depreciation	14	14	7	7	7	8	8	8
Profit before tax	-12	-41	-22	3	7	16	18	20
Tax %	-24%	-26%	-29%	556%	47%	33%	34%	—
Net Profit	-9	-30	-16	-12	4	11	12	13
EPS in Rs	-4.52	-15.61	-8.05	-5.98	2.00	5.03	5.10	5.62
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	—

HBESD balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	20	20	20	20	20	20	22	23
Reserves	200	186	154	138	126	129	153	170
Borrowings	287	274	328	347	331	311	284	258
Other Liabilities	36	39	28	25	29	34	38	39
Total Liabilities	543	519	529	530	505	494	496	491
Fixed Assets	448	435	422	416	411	406	404	398
CWIP	0	0	0	0	0	0	0	0
Investments	14	2	2	3	3	3	2	2
Other Assets	82	82	105	111	91	85	90	91
Total Assets	543	519	529	530	505	494	496	491

HBESD cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	34	29	-14	3	42	49	35	45
Cash from Investing Activity	6	10	0	-0	-2	-1	-4	-1
Cash from Financing Activity	-38	-42	16	-6	-41	-45	-32	-36
Net Cash Flow	2	-3	2	-3	-1	2	-2	9
Free Cash Flow	33	26	-14	2	40	46	29	44
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	118%	108%	283%	45%	134%	127%	80%	108%

HBESD shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	69.10%	69.10%	71.98%	71.98%	69.69%	67.42%	67.42%	67.75%
DIIs	0.01%	0.01%	0.02%	0.02%	0.01%	0.01%	0.01%	0.01%
Public	30.86%	30.88%	27.98%	28.00%	30.28%	32.56%	32.56%	32.23%
No. of Shareholders	66,559	66,622	66,270	66,035	65,735	65,482	65,241	65,165

HBESD key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	14	11	26	20	12	12	14	21
Inventory Days	460	700	1,480	778	568	—	—	—
Days Payable	405	705	1,166	394	346	—	—	—
Cash Conversion Cycle	70	6	340	404	234	12	14	21
Working Capital Days	-68	-107	-381	-170	-122	-294	-123	-106
ROCE %	3%	3%	-4%	0%	6%	7%	8%	8%

HBESDUpdated 15 Oct 2026, 21:31

H B Estate Developers L

HBESDUpdated 15 Oct 2026, 21:31

Market Cap

₹174Cr.

Current Price

₹75.1

High / Low

₹96.4/55.0

Stock P/E

13.5

ROE6.37%

ROCE7.54%

Book Value₹84.3

Face Value₹10.0

Dividend Yield0.00%

About

Incorporated in 1994, HB Estate Developers Ltd is engaged in the business of owning and managing hotels and real estate properties.

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	23.93	6.22	16.75	0.22	1.83	-0.65	84.62	-1.21	-0.62
Sep 2023	24.38	6.29	17.21	0.73	1.86	-0.25	272	-0.93	-0.48
Dec 2023	29.73	7.11	18.06	0.38	1.88	3.06	50.98	1.51	0.78
Mar 2024	31.36	6.49	18.53	0.7	1.87	5.17	12.57	4.52	2.32
Jun 2024	25.64	5.73	17.02	0.71	1.89	1.71	46.78	0.91	0.47
Sep 2024	27.41	5.58	18.98	0.36	1.93	1.28	62.5	0.49	0.25
Dec 2024	31.41	5.42	18.65	0.32	1.92	5.74	16.03	4.82	2.48
Mar 2025	33.23	5.09	19.97	0.98	1.87	7.28	37.09	4.58	2.13
Jun 2025	23.76	4.43	17.22	0.4	1.97	0.54	27.78	0.38	0.18
Sep 2025	26.73	4.3	18.66	0.28	2.01	2.04	37.75	1.27	0.57
Dec 2025	33.46	4.13	18.22	0.36	2.01	9.46	31.29	6.5	2.83
Mar 2026	32.97	3.63	22.11	0.49	1.99	5.73	38.05	3.55	1.55
Jun 2026	27.75	3.33	20.3	0.41	2.05	2.48	37.9	1.54	0.67

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	64	31	50	-9	15	-41	10	-45	-27.93
Mar 2016	67	30	52	3	15	-28	11	-31	-19.1
Mar 2017	73	31	57	2	14	-27	-26	-20	-12.42
Mar 2018	84	27	62	1	14	-19	-13	-16	-8.38
Mar 2019	89	28	61	2	14	-12	-14	-10	-5.36
Mar 2020	82	25	55	1	14	-12	-24	-9	-4.52
Mar 2021	24	22	30	1	14	-41	-26	-30	-15.61
Mar 2022	50	24	42	1	7	-22	-29	-16	-8.05
Mar 2023	95	25	63	2	7	3	556	-12	-5.98
Mar 2024	108	26	69	2	7	7	47	4	2
Mar 2025	116	22	73	2	8	16	33	11	5.03
Mar 2026	115	16	75	2	8	18	34	12	5.1
TTM	121	15	79	2	8	20	—	13	5.62

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	67.75%
DIIs	0.01%
Public	32.23%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Sep 2023	69.1%	—	0.01%	30.88%
Dec 2023	69.1%	—	0.01%	30.87%
Mar 2024	69.1%	—	0.01%	30.87%
Jun 2024	69.1%	—	0.01%	30.86%
Sep 2024	69.1%	—	0.01%	30.86%
Dec 2024	69.1%	—	0.01%	30.88%
Mar 2025	71.98%	—	0.02%	27.98%
Jun 2025	71.98%	—	0.02%	28%
Sep 2025	69.69%	—	0.01%	30.28%
Dec 2025	67.42%	—	0.01%	32.56%
Mar 2026	67.42%	—	0.01%	32.56%
Jun 2026	67.75%	—	0.01%	32.23%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	Investments	Other Assets	Total Assets
Mar 2015	16	32	391	44	482	431	8	44	482
Mar 2016	16	1	402	52	470	418	6	47	470
Mar 2017	20	234	292	40	585	475	21	89	585
Mar 2018	20	218	287	42	567	461	22	85	567
Mar 2019	20	200	287	36	543	448	14	82	543
Mar 2020	20	186	274	39	519	435	2	82	519
Mar 2021	20	154	328	28	529	422	2	105	529
Mar 2022	20	138	347	25	530	416	3	111	530
Mar 2023	20	126	331	29	505	411	3	91	505
Mar 2024	20	129	311	34	494	406	3	85	494
Mar 2025	22	153	284	38	496	404	2	90	496
Mar 2026	23	170	258	39	491	398	2	91	491

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	-29	29	-1	0
Mar 2016	17	3	-20	1
Mar 2017	2	-1	1	1
Mar 2018	29	0	-29	0
Mar 2019	34	6	-38	2
Mar 2020	29	10	-42	-3
Mar 2021	-14	0	16	2
Mar 2022	3	0	-6	-3
Mar 2023	42	-2	-41	-1
Mar 2024	49	-1	-45	2
Mar 2025	35	-4	-32	-2
Mar 2026	45	-1	-36	9

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	19	30	15	14	14	11	26	20	12	12	14	21
Inventory Days	852	981	742	768	460	700	1,480	778	568	—	—	—
Days Payable	450	809	798	681	405	705	1,166	394	346	—	—	—
Cash Conversion Cycle	422	202	-41	101	70	6	340	404	234	12	14	21
Working Capital Days	-59	-101	8	-53	-68	-107	-381	-170	-122	-294	-123	-106
ROCE %	0%	1%	1%	1%	3%	3%	-4%	0%	6%	7%	8%	8%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of H B ESTATE DEVELOPERS L (HBESD)?

The reported market capitalisation for H B ESTATE DEVELOPERS L (HBESD) is ₹174Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of HBESD?

The current price shown for H B ESTATE DEVELOPERS L (HBESD) on Fincrux is ₹75.1 with a 52-week high/low of ₹96.4/55.0.

What is the P/E ratio of H B ESTATE DEVELOPERS L (HBESD)?

The stock P/E for H B ESTATE DEVELOPERS L (HBESD) is 13.5 on Fincrux, with ROE at 6.37% and ROCE at 7.54%.

What were HBESD latest quarterly results?

For Jun 2026, H B ESTATE DEVELOPERS L (HBESD) reported sales ₹27.75 Cr and net profit ₹1.54 Cr (figures in ₹ crore unless noted).

What are HBESD annual sales and net profit?

For TTM, H B ESTATE DEVELOPERS L (HBESD) shows sales of ₹121 Cr and net profit of ₹13 Cr on the Fincrux profit & loss statement.

Who owns H B ESTATE DEVELOPERS L (HBESD)?

Latest shareholding for H B ESTATE DEVELOPERS L (HBESD) on Fincrux: Promoters 67.75% (Jun 2026), DIIs 0.01% (Jun 2026), Public 32.23% (Jun 2026), No. of Shareholders 65,165% (Jun 2026).

Where can I find H B ESTATE DEVELOPERS L (HBESD) financials?

H B ESTATE DEVELOPERS L (HBESD) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show HBESD balance sheet and cash flow?

Yes. The H B ESTATE DEVELOPERS L (HBESD) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 15 October 2026 at 21:31