Hazoor Multi Projects Faces Financial Struggles Amid Declining Sales and Profitability Metrics

Hazoor Multi Projects, a microcap player in the realty sector, has recently undergone a financial trend adjustment reflecting its ongoing challenges. The company reported a significant decline in net sales over the last six months, totaling Rs 414.34 crore, which represents a contraction of 23.91%. Additionally, key performance indicators such as Return on Capital Employed (ROCE) have reached a low of 4.06%, indicating inefficiencies in capital utilization.
The company's profitability metrics also show concerning trends, with Profit Before Tax (PBT) less Other Income for the latest quarter at Rs 20.89 crore, down 15.1% compared to the previous four-quarter average. Similarly, Profit After Tax (PAT) has fallen to Rs 16.78 crore, reflecting a 13.0% decline against the same benchmark. The debt-equity ratio stands at 0.41 times, marking the highest level, while the Debtors Turnover Ratio is at a low of 1.69 times, suggesting potential liquidity issues.

In terms of market performance, Hazoor Multi Projects has experienced varied returns. Over the past week, the stock has declined by 8.36%, contrasting with a modest gain of 1.08% in the Sensex. However, the company has shown resilience over longer periods, with a remarkable return of 1,661.29% over three years, significantly outperforming the Sensex's 45.78% during the same timeframe. This juxtaposition highlights the volatility and challenges faced by Hazoor Multi Projects in the current market landscape.