HB Estate Developers chairman and AGM
NSE: HBESDBSE: 532334RealtySmall Cap
Share price at the NSE close on 27 Oct 2026. Previous close ₹75.00.
27 Oct: open ₹75.00, high ₹79.79, low ₹75.00
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹173 Cr2,548th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 13.49
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 0.90
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 7.0%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 7.4%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 1.33
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 79698.1% delivered
HB Estate Developers' chairperson is LALIT BHASIN, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 9 Sep 2026.
HB Estate Developers board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonLALIT BHASIN
- Company Secretary and Compliance OfficerN V K Rao
5 directors3 independent2 non-executive
- LALIT BHASIN · ChairpersonNon-executive · joined Sep 1994 · 4 listed boards · 3 committee seats, 1 as chair
- ANIL GOYALNon-executive · joined Sep 1994 · 4 listed boards · 7 committee seats, 2 as chair
- SUNIL MALIKIndependent · joined Feb 2020 · reappointed Feb 2025 · 79 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- RAJ KUMAR BHARGAVAIndependent · joined Oct 2024 · reappointed Oct 2024 · 23 months as independent · 1 listed board · 1 as independent · 2 committee seats
- URVIJA SHAHIndependent · joined Oct 2024 · reappointed Oct 2024 · 23 months as independent · 2 listed boards · 2 as independent · 2 committee seats
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
2 directors who left
- RAJESH JAIN, left 28 Oct 2024: Tenure Completion
- ASHA MEHRA, left 28 Oct 2024: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 3 Aug 20265 of 5 present3 independent · 65 days in between
- 29 May 20265 of 5 present3 independent · 20 days in between
- 8 May 20265 of 5 present3 independent
Audit Committee
Chair ANIL GOYAL
SUNIL MALIK, RAJ KUMAR BHARGAVA, URVIJA SHAH
- 3 Aug 20264 of 4 present3 independent · 65 days in between
- 29 May 20264 of 4 present3 independent · 20 days in between
- 8 May 20264 of 4 present3 independent
Nomination and remuneration committee
Chair RAJ KUMAR BHARGAVA
ANIL GOYAL, URVIJA SHAH
- 3 Aug 20263 of 3 present2 independent · 65 days in between
- 29 May 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair ANIL GOYAL
SUNIL MALIK, RAJ KUMAR BHARGAVA
- 8 Jul 20263 of 3 present2 independent · 88 days in between
- 10 Apr 20263 of 3 present2 independent
SECURITIES COMMITTEE
Chair ANIL GOYAL
SUNIL MALIK, URVIJA SHAH
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- N.C. Aggarwal & Co.Peer-review certificate valid to Feb 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
HB Estate Developers AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.HB Estate Developers dividend history
Annual general meeting, 9 Sep 2026
64,988 shareholders on the register on 2 Sep 2026; present: 12 promoters and 86 others; votes counted by Ms. Jaya Yadav / Jaya Yadav & Associates.The company's voting result
- ADOPTION OF AUDITED FINANCIAL STATEMENTS INCLUDINGCONSOLIDATED FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED MARCH 31, 2026 TOGETHER WITH THE REPORTS OF THEDIRECTORS AND AUDITORS THEREON.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 71.79% · promoters 100.00% · institutions 25.87% · other public 12.52%
- RE-APPOINTMENT OF MR. ANIL GOYAL (DIN: 00001938), DIRECTOR,WHO RETIRES BY ROTATION AND BEING ELIGIBLE OFFERS HIMSELFFOR REAPPOINTMENT.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 71.79% · promoters 100.00% · institutions 25.87% · other public 12.52%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Dec 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesOct 2025 | 22.84 | To fund the long-term working capital requirement of the company | 18.27 | 18.27 | No |
| Preferential IssuesOct 2025 | 22.84 | General Corporate purpose, which includes, without limitation, strategic initiatives, funding growth opportunities, strengthening marketing capabilities and brand building exercises, meeting ongoing general corporate contingencies, refurbishment of existing infrastructure expenses incurred in ordinary course of the business | 4.57 | 4.57 | No |