HB Estate Developers share price & results
- Jun 2026
- Jun 2026
Gurugram-based real-estate company whose core operating asset is a hotel property, Taj City Centre, Gurugram, run by The Indian Hotels Company (Taj)
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 27.8 | +16.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 26.9 | −0.7 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 1.5 | +305.3% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 6.99 | −0.3 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 37.49 | +12.2 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 4.40 | −8.3 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −4.8% 1Y
1Y: ₹82.22 on 24 Oct 2025 → ₹78.29. High ₹90.1 (6 May 2026), low ₹57.1 (30 Mar 2026).
- Previous close
- ₹82.6
- Market cap
- ₹175 Cr
- 52-week range
- ₹57.1 – ₹90.1
- One year
- −5.64%
- Price to earnings (TTM to Jun 2026)
- 13.61×
- Return on equity (TTM to Jun 2026)
- 6.99%
Overview
- Symbol
- NSE:HBESD
- Sector
- Realty
- Industry
- Consumer Discretionary
- Exchange
- NSE
- Currency
- INR
What HB Estate Developers Limited does
Based on the company's own presentations, annual report and earnings calls.
HB Estate Developers Limited's principal operating asset is a hotel property, "Taj City Centre - Gurugram", located at Plot No. 1, Sector 44, Gurugram, Haryana, which is operated and managed by The Indian Hotels Company Limited under the Taj brand. The company itself does not run the hotel day-to-day but holds and earns from this hospitality asset. It has no subsidiaries or joint ventures, and holds an associate-company stake in Parsvnath HB Projects Pvt. Ltd.
Segments
- Hospitality (Hotel Unit)
- Hotel properties
- 1 (Taj City Centre, Gurugram)
- Employees on company rolls
- 17
- Employees on Hotel Unit rolls
- 243
- Total employees (company + Hotel Unit)
- 260
- Subsidiaries
- 0
- Joint ventures
- 0
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +305% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 27 | 31 | 33 | 24 | 27 | 33 | 33 | 28 |
| Expenses | 19 | 19 | 20 | 17 | 19 | 18 | 22 | 20 |
| Operating profit | 8 | 13 | 13 | 7 | 8 | 15 | 11 | 7 |
| Operating margin | 30.8% | 40.6% | 39.9% | 27.5% | 30.2% | 45.5% | 32.9% | 26.9% |
| Other income | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Interest | 6 | 5 | 5 | 4 | 4 | 4 | 4 | 3 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 1 | 6 | 7 | 1 | 2 | 9 | 6 | 2 |
| Tax rate | 62.5% | 16.0% | 37.1% | 27.8% | 37.8% | 31.3% | 38.0% | 37.9% |
| Net profit | 0 | 5 | 5 | 0 | 1 | 7 | 4 | 2 |
| EPS (₹ per share) | 0.25 | 2.48 | 2.13 | 0.18 | 0.57 | 2.83 | 1.55 | 0.67 |
| Line item | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Sales | 109 | 118 | 117 |
| Expenses | 71 | 75 | 76 |
| Operating profit | 39 | 43 | 41 |
| Other income | 2 | 2 | 2 |
| Interest | 26 | 22 | 16 |
| Depreciation | 7 | 8 | 8 |
| Profit before tax | 7 | 16 | 18 |
| Net profit | 4 | 11 | 12 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 20 | 20 | 20 | 22 | 22 | 23 |
| Reserves | 138 | 126 | 129 | 153 | 157 | 170 |
| Borrowings | 347 | 331 | 311 | 284 | 268 | 258 |
| Other liabilities | 25 | 29 | 34 | 38 | 39 | 39 |
| Total liabilities | 530 | 505 | 494 | 496 | 487 | 491 |
| Fixed assets | 416 | 411 | 406 | 404 | 402 | 398 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 3 | 3 | 3 | 2 | 2 | 2 |
| Other assets | 111 | 91 | 85 | 90 | 83 | 91 |
| Total assets | 530 | 505 | 494 | 496 | 487 | 491 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | -14 | 3 | 42 | 49 | 35 | 45 |
| Cash from investing | 0 | 0 | -2 | -1 | -4 | -1 |
| Cash from financing | 16 | -6 | -41 | -45 | -32 | -36 |
| Net cash flow | 2 | -3 | -1 | 2 | -2 | 9 |
| Free cash flow | -14 | 2 | 40 | 46 | 29 | 44 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 26 | 20 | 12 | 12 | 14 | 21 |
| Inventory days | 1480 | 778 | 568 | — | — | — |
| Days payable | 1166 | 394 | 346 | — | — | — |
| Cash conversion cycle | 340 | 404 | 234 | 12 | 14 | 21 |
| Working capital days | -381 | -170 | -122 | -294 | -123 | -106 |
| Return on capital employed | −4.0% | 0.0% | 6.0% | 7.0% | 8.0% | 8.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Ownership
Who owns it
Promoters hold 67.75% as of Jun 2026; institutions added 0.00 pts since Mar 2026.
- Promoters 67.75%
- Foreign institutions 0.00%
- Domestic institutions 0.01%
- Public 32.23%
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- +0.33 pp 1.99% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of HB Estate Developers Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| 47.75% | unchanged | |
| NBFC / DFI | 9.17% | unchanged |
| 4.91% | unchanged | |
| NBFC / DFI | 4.90% | unchanged |
| 3.27% | unchanged | |
| 3.27% | unchanged | |
| 1.99% | +0.33 pp | |
| 1.50% | unchanged | |
| 1.48% | unchanged | |
| 1.10% | unchanged | |
| Corporate | 0.67% | unchanged |
| 0.39% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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