₹0.12 to ₹43.80: Multibagger Infra Stock Turns ₹1 Lakh to ₹3.70 Crore in Five Years

The shares of Hazoor Multi Projects Ltd have been a shining star in the Indian stock market, delivering a multibagger return of 36,900% over the past five years. This impressive performance has turned an initial investment of ₹1 lakh into a staggering ₹3.70 crore. But what is driving this rally in a real estate and infrastructure company?

Founded in 1992, Hazoor Multi Projects Ltd is an India-based real estate and infrastructure development company. It operates primarily in the regions of India and is engaged in real estate and road construction. The company's recent financial performance and strategic moves have been key factors in its success.

Financial Highlights

Hazoor Multi Projects Ltd reported a revenue of ₹638 crores in FY25, marking a 17.10% increase from ₹545 crores in FY24. However, on a year-on-year basis, revenue declined by 46.33% to ₹249 crores in Q4 FY25 from ₹464 crores a year ago. Quarterly, it surged by 51% from ₹165 crores.

The company's net profit also showed significant fluctuations. It reported a net profit of ₹40 crores in FY25, down 37.5% from ₹64 crores in FY24. On a year-on-year basis, net profit declined by 68.52% to ₹17 crores in Q4 FY25 from ₹54 crores a year ago. Quarterly, it surged by 467% from ₹3 crores.

Strategic Moves and Acquisitions

One of the key drivers of Hazoor Multi Projects Ltd's success has been its strategic moves and acquisitions. Recently, the company received a large order worth ₹913 crores from Apollo Green Energy. This order involves setting up a 200 MW solar power plant in Gujarat’s Khavda Solar Park, encompassing everything from design and supply to construction and commissioning.

On July 3, Hazoor Multi Projects Ltd announced the acquisition of a 51% stake in Vyom Hydrocarbon through a Share Purchase Agreement for a full cash consideration of ₹1,02,000. This acquisition marks the company's expansion into the mining and quarrying sector, oil and gas exploration, crude petroleum and natural gas extraction, and oilfield services. The company also plans to diversify into areas such as drilling, consulting, EPC services, environmental engineering, sustainability initiatives, and waste management.

Future Outlook

While Hazoor Multi Projects Ltd has delivered strong past returns, investors should carefully evaluate the company's fundamentals, project execution ability, and new sector risks before investing. The recent expansion into solar and oil and gas is promising but adds complexity. Consider this a high-risk, high-reward opportunity, ideal for aggressive investors with a long-term view. Conservative investors should wait for clearer earnings consistency and project delivery.

Conclusion

Hazoor Multi Projects Ltd's remarkable performance over the past five years is a testament to its strategic decisions and robust business model. However, investors should remain cautious and conduct thorough research before making any investment decisions. The company's future success will depend on its ability to execute projects efficiently and navigate the challenges of its new ventures.