HB Estate Developers Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Revenue growth has been consistent, peaking at ₹31.41 crore in Q4 FY2024.
Operating profit margin improved significantly to 17.25% in Q4 FY2024, indicating better cost management.
Net profit turned positive in Q4 FY2024 with ₹4.82 crore, a notable recovery from earlier losses.

NEGATIVES

Net profit was negative in Q1 FY2024 and Q2 FY2024, raising concerns about profitability.
Expenses have remained high, with Q4 FY2024 expenses at ₹26 crore, limiting net profit growth.
Interest costs have fluctuated, affecting overall profitability despite revenue increases.

Field	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25
Revenue	23.93	24.38	29.73	31.36	25.64	27.41	31.41	33.23	23.76
Expenses	16.76	17.21	18.06	18.53	17.03	18.98	18.66	19.97	17.23
Operating Profit	7.18	7.17	11.66	12.83	8.61	8.43	12.76	13.26	6.53
Other Income	0.22	0.73	0.38	0.70	0.71	0.36	0.32	0.98	0.40
Interest	6.22	6.29	7.11	6.49	5.73	5.58	5.42	5.09	4.43
Depreciation	1.83	1.86	1.88	1.87	1.89	1.93	1.92	1.87	1.97
Profit Before Tax	-0.66	-0.25	3.06	5.17	1.71	1.28	5.73	7.28	0.53
Tax	0.55	0.68	1.56	0.65	0.80	0.80	0.92	2.70	0.15
Net Profit	-1.21	-0.93	1.51	4.52	0.91	0.49	4.82	4.58	0.38
Eps in Rs	-0.62	-0.48	0.77	2.32	2.32	0.25	2.42	2.25	0.18