Saturday, December 9, 2023

Hazoor Multi Projects Ltd (532467) – Discounted Infra Stock

Hazoor Multi Projects Ltd  (532467) closes   at  257.85 with  a   Gain  of   +5.00  %   on    on    08-December-2023 with formation of  a  Star  Candle    on Daily  Price Chart.

About the Company :  Incorporated in 1992, Hazoor Multi Projects Limited is engaged in the business of Infrastructure and Real Estate. n FY21, company changed its line of business and is now mainly engaged in infrastructural development and works as a sub-contractor in executing various national highway road projects awarded by government authorities such as Maharashtra State Road Development Corporation Ltd and National Highways Authority of India. Apart from this, company has also started the EPC contracting business.

Sector Update :  Positive

Trendlyne Checklist Score : 69.90% Passed

Financials : Hazoor Multi Projects Ltd  has posted Net Sales / Revenue   of 113.00 Cr & Net Profit of   2.00 Cr in FY2022, Net Sales / Revenue   of 776.00 Cr & Net Profit of   46.00 Cr in FY2023 and expected to post Net Sales / Revenue   of 658.00 Cr & Net Profit of 64.00 Cr in FY2024  .

Valuations  : The Company is now Trading at X 0.60  of its  valuations of  FY2023 earnings with ~40 % and at X0.44 of its FY2024 earnings with ~56%  Discount.

EPS  will  improve from   46  in FY2023 to   64  in FY2024.Net Margin has improved from 2.21 5 in FY 2022 to 5.88 in FY2023, Free Cash Flow from   17.20 Cr to   81.60 Cr , Net Debt from  11.10 Cr to  15.40 , Rod improved from 10.5% to 85.90%, RoA from 4.75 to 24% during the same period.

In November 2023, Hazoor Multi Projects bagged orders worth Rs 11.3 billion (bn) to upgrade and rehabilitate a section of NH-66 in Ratnagiri. The work was given to Hazoor Infra Projects (a wholly owned subsidiary company). The estimated value of the project is Rs 11.3 bn divided with annuities at Rs 5.2 bn, interest on annuities at Rs 4.6 bn, and operation and maintenance costs at Rs 1.4 bn.

Company is Growing +13.00 % and it’s Payback Ratio (  Prefer < 1 :  MultiBagger Finder ) is 0.8, as per our valuations.

Early Trend : Infrastructure booms (Rail/road/Housing etc will create moat for it )

MF/FII : Mutual Fund – 0%. FII – 5.90%Margin of Safety (1Yr Bond Yield: Value>1 ) is now  1.80   which  makes is attractive.The  Equity Value Per Share ( Enterprise Value Method ) is  254.90

If We factor its FY2024 earnings/valuations, its Price arrives at 590.00


Disclaimer : We are / may going to take exposure shortly.

Join Us at   Telegram #

Data Source NSE Website | Screener.In  | Capital Line Money Control |Refinitiv |

The author tracks economic, behavioural and corporate tends, hoping to gauge good avenues of return based on Fundamental Valuations of Stocks, a follower of EPV method. You can reach me/us at | Twitter # NiftyNext1 |  e-Mail : Mail@NiftyNext.Com  |  Tel +91 8802230836  |  Telegram # TheNiftyNext  Manage your investments the right way With MProfit. Visit https://www.mprofit.inUse Our Referral Link to Get 20% DISCOUNT @


The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
We( WWW.NIFTYNEXT.COM) are not Registered with Any Regulatory Body in India ie SEBI,NSE,BSE,AMFI or Any Otheres.

Blog Archive