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HB Estate Developers

HBESD NSE
₹77.25 up 2.00 (2.66%)
Market Cap
₹177 Cr
P/E
13.75

HB Estate Developers (HBESD) share price was ₹75.25 at the 28 Oct 2026 close; market capitalisation ₹173 Cr; P/E (TTM) 13.39; sector Realty. The share price fell 10.3% over the year to 28 Oct 2026 (adjusted for splits and bonuses). In the Jun 2026 quarter, revenue rose 16.8% year on year to ₹27.75 Cr and net profit was ₹1.54 Cr, against ₹0.38 Cr a year earlier (compared with Jun 2025). Promoters held 67.75% of HB Estate Developers in Sep 2026, up 0.01 percentage points from Jun 2026. Its Tapetide Score is 57/100 (Good) as of 28 Oct 2026.

Close 28 Oct 2026 ₹75.25 −8.67 −10.33% 1Y

Key Fundamentals

MicrocapRealtyConsumer Discretionary
Market Cap
₹177 Cr
P/E (TTM)
13.75
EBITDA
₹42.20 Cr
Return on Equity
6.05%
Return on Capital Employed
8.02%
Debt to Equity
1.34
Book Value
₹84.21
EPS (TTM)
₹5.62
52W High
₹95.90
52W Low
₹56.85

Price-based figures as of 29 Oct 2026, 11:29 IST · EPS basis: Consolidated · TTM

Peer Comparison

Consumer Discretionary › Realty › Residential Commercial Projects › Residential, Commercial Projects

DLF
₹672.4536.451,66,453 Cr3.651.19%5.77%6.35%8,504 Cr4,567 Cr
Lodha Developers
₹1,014.2024.561,01,353 Cr4.440.42%14.64%18.07%18,603 Cr4,129 Cr
Phoenix Mills
₹1,936.4054.1069,261 Cr6.300.13%10.88%11.84%4,724 Cr1,629 Cr
Prestige Estates Projects
₹1,405.0053.1260,518 Cr3.720.14%7.80%12.91%13,597 Cr1,265 Cr
Oberoi Realty
₹1,601.8022.1458,242 Cr3.050.25%13.99%16.74%6,501 Cr2,632 Cr
Godrej Properties
₹1,581.2029.7647,630 Cr2.460.63%9.51%12.01%8,849 Cr1,591 Cr
Brigade Enterprises
₹531.0524.9317,326 Cr2.540.36%9.63%9.89%5,805 Cr784 Cr
HB Estate Developers (this company)
₹77.2513.75177 Cr0.920.00%6.05%8.02%123 Cr13 Cr
Median 8 companies₹1,209.6027.3559,380 Cr3.350.31%9.57%11.93%7,503 Cr1,610 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the live price; other metrics are as reported in filings. A dash means the figure is not published for that company. 1 company is not shown because they are not listed on an exchange we cover.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

57 Good
Overall score

Data confidence 100/100

Category scores

Quality Good 63
Returns, margins, earnings quality 22% weight
Valuation Good 64
Cheap vs sector & own history 24% weight
Growth Average 49
Sales & profit trajectory 9% weight
Financial Health Poor 26
Solvency, leverage, coverage 9% weight
Momentum Strong 73
Trend strength, vol-adjusted 12% weight
Ownership Average 50
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

2
  • Stock is trading at 0.91 times its book value
  • Company has delivered good profit growth of 19.0% CAGR over last 5 years

Weaknesses

3
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 5.28% over last 3 years.
  • Company might be capitalizing the interest cost

Technical Indicators

Oscillators

Bullish

Bearish
1
Neutral
5
Bullish
3

Overall

Bullish

Bearish
6
Neutral
5
Bullish
8

Moving Averages

Neutral

Bearish
5
Neutral
0
Bullish
5

Growth Rate

Revenue Growth
-1.33% lower than 3Y

change over 1 year

Net Income Growth
8.33% lower than 3Y

change over 1 year

Cash Flow Change
31%

change over 1 year

EBITDA Margin Change
-5.76%

change over 1 year Operating margin 26.85% · Jun 2026

Quarterly Results

Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
23.93
24.38
29.73
31.36
25.64
27.41
31.41
33.23
23.76
26.73
33.46
32.97
27.75
Expenses
16.75
17.21
18.06
18.53
17.02
18.98
18.65
19.97
17.22
18.66
18.22
22.11
20.3
Operating Profit
7.18
7.17
11.67
12.83
8.62
8.43
12.76
13.26
6.54
8.07
15.24
10.86
7.45
OPM %
30%
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
0.22
0.73
0.38
0.7
0.71
0.36
0.32
0.98
0.4
0.28
0.36
0.49
0.41
Interest
6.22
6.29
7.11
6.49
5.73
5.58
5.42
5.09
4.43
4.3
4.13
3.63
3.33
Depreciation
1.83
1.86
1.88
1.87
1.89
1.93
1.92
1.87
1.97
2.01
2.01
1.99
2.05
PBT
-0.65
-0.25
3.06
5.17
1.71
1.28
5.74
7.28
0.54
2.04
9.46
5.73
2.48
Tax %
84.62%
272%
50.98%
12.57%
46.78%
62.5%
16.03%
37.09%
27.78%
37.75%
31.29%
38.05%
37.9%
Net Profit
-1.21
-0.93
1.51
4.52
0.91
0.49
4.82
4.58
0.38
1.27
6.5
3.55
1.54
EPS (₹)
-0.62
-0.48
0.78
2.32
0.47
0.25
2.48
2.13
0.18
0.57
2.83
1.55
0.67
Figures in ₹ Crores

Profit & Loss

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
64
67
73
84
89
82
24
50
95
108
116
115
121
Expenses
50
52
57
62
61
55
30
42
63
69
73
75
79
Operating Profit
14
15
17
21
28
27
-6
8
32
39
43
41
42
OPM %
21%
23%
23%
25%
32%
32%
-24%
16%
34%
36%
37%
35%
34%
Other Income
-9
3
2
1
2
1
1
1
2
2
2
2
2
Interest
31
30
31
27
28
25
22
24
25
26
22
16
15
Depreciation
15
15
14
14
14
14
14
7
7
7
8
8
8
PBT
-41
-28
-27
-19
-12
-12
-41
-22
3
7
16
18
20
Tax %
10%
11%
-26%
-13%
-14%
-24%
-26%
-29%
556%
47%
33%
34%
—
Net Profit
-45
-31
-20
-16
-10
-9
-30
-16
-12
4
11
12
13
EPS (₹)
-27.93
-19.1
-12.42
-8.38
-5.36
-4.52
-15.61
-8.05
-5.98
2
5.03
5.1
5.62
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
—
Figures in ₹ Crores

Balance Sheet

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
16
16
20
20
20
20
20
20
20
20
22
23
Reserves
32
1
234
218
200
186
154
138
126
129
153
170
Borrowings
391
402
292
287
287
274
328
347
331
311
284
258
Other Liabilities
44
52
40
42
36
39
28
25
29
34
38
39
Total Liabilities
482
470
585
567
543
519
529
530
505
494
496
491
Fixed Assets
431
418
475
461
448
435
422
416
411
406
404
398
CWIP
0
0
0
0
0
0
0
0
0
0
0
0
Investments
8
6
21
22
14
2
2
3
3
3
2
2
Other Assets
44
47
89
85
82
82
105
111
91
85
90
91
Total Assets
482
470
585
567
543
519
529
530
505
494
496
491
Figures in ₹ Crores

Cash Flow

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
-29
17
2
29
34
29
-14
3
42
49
35
45
Investing
29
3
-1
0
6
10
0
0
-2
-1
-4
-1
Financing
-1
-20
1
-29
-38
-42
16
-6
-41
-45
-32
-36
Net Cash Flow
0
1
1
0
2
-3
2
-3
-1
2
-2
9
Free Cash Flow
-33
15
0
28
33
26
-14
2
40
46
29
44
CFO/OP
-210
120
8
140
118
108
283
45
134
127
80
108
Figures in ₹ Crores

Ratios

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view HB Estate Developers insights

58 extracted metrics + investor summaries across FY05–FY27.

Shareholding Pattern

DIIs0.02%Promot.67.75%Others11.92%Public20.31%As ofSep 2026

Documents

Frequently Asked Questions about HB Estate Developers

What does HB Estate Developers Ltd do?
Incorporated in 1994, HB Estate Developers Ltd is engaged in the business of owning and managing hotels and real estate properties.
Where is HB Estate Developers Ltd (HBESD) listed?
HB Estate Developers Ltd trades as HBESD on the NSE and under code 532334 on the BSE.
Which sector does HB Estate Developers Ltd belong to?
HB Estate Developers Ltd is classified under the Realty sector, in the Residential Commercial Projects industry.
What is the market capitalisation of HB Estate Developers Ltd?
HB Estate Developers Ltd has a market capitalisation of ₹177.37 Cr as of 29 Oct 2026, which places it in the Small Cap band.
What is the PE ratio of HB Estate Developers Ltd?
HB Estate Developers Ltd trades at a PE ratio of 13.75 as of 29 Oct 2026, on earnings per share of ₹5.62, against a book value of ₹84.21 per share.
What is the 52-week high and low of HB Estate Developers Ltd?
Over the last 52 weeks HB Estate Developers Ltd has traded between ₹56.85 and ₹95.9 as of 29 Oct 2026.
What is the Return on Equity (ROE) of HB Estate Developers Ltd?
HB Estate Developers Ltd reported a return on equity of 6.05%. Its debt-to-equity ratio is 1.34.

Company Information

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

Website hbestate.com
Listed 2002-07-05
Face Value ₹ 10
Shares Outstanding 2,29,59,947

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