Hazoor Multi Projects Ltd Declares Final Dividend Amid 69% Q4 Profit Drop

Despite a significant 69% decline in Q4 profit, Hazoor Multi Projects Ltd, a Maharashtra-based real estate developer, has declared a final dividend of ₹0.20 per share for FY25.

Hazoor Multi ProjectsReal EstateDividendSmallcapFinancial PerformanceReal Estate MaharashtraJun 01, 2025

Hazoor Multi Projects Ltd Declares Final Dividend Amid 69% Q4 Profit Drop
Real Estate Maharashtra:Hazoor Multi Projects Ltd, a real estate development firm based in Maharashtra, announced its fourth-quarter results for the fiscal year 2025 (FY25) on Friday, 30 May 2025. The small-cap stock, which trades below ₹50 per share, reported a substantial 69% year-on-year decline in consolidated net profit, registering ₹16.78 crore for the January–March quarter. This is a significant drop from the ₹53.93 crore profit recorded in Q4 of FY24. The decline in profit was primarily attributed to weaker operating performance, as revenue from core operations fell by 46% to ₹249 crore from ₹464 crore in the previous year.

In a regulatory filing following the market close on Friday, the company’s Board of Directors declared a final dividend of ₹0.20 per share (20% on the face value of Re 1) for FY25. This dividend payout is subject to shareholder approval at the upcoming Annual General Meeting. The record date for dividend eligibility has not yet been announced.

“The board has recommended to declare the final dividend of ₹0.20/- (Twenty Paise only) per equity share having a face value of Re 1/- each, fully paid-up, i.e., 20% to the shareholders for the financial year 2024-25,” the company stated in its BSE filing.

Shares of Hazoor Multi Projects closed at ₹44.21 on the BSE, marking a 1.93% decline from the previous close of ₹45.08. This drop came ahead of the earnings release. Despite recent volatility, Hazoor’s stock has delivered astronomical gains in the long term, rising over 44,000% in the last five years. However, in the short term, performance has been mixed, with a 17.26% decline year-to-date (YTD) in 2025 but a 16.40% gain in the past month.

The stock hit its 52-week high of ₹63.90 on 12 September 2024 and a 52-week low of ₹32 on 31 March 2025. As of 30 May 2025, Hazoor commands a market capitalisation of ₹937.35 crore.

Despite near-term profit contraction, Hazoor remains active on strategic fronts. In recent months, the company has formed a wholly owned subsidiary to explore green energy ventures—a diversification aligned with the government's renewable energy push. Analysts note that small-cap real estate companies such as Hazoor, which are showing intent to diversify and invest in sustainability, could rebound once macroeconomic and interest rate conditions stabilise.

Hazoor Multi Projects has delivered spectacular long-term returns but also shows the risks typical of small-cap stocks—marked volatility, sharp earnings swings, and sector-specific pressures. Investors are advised to assess fundamentals and seek professional guidance before investing.

Frequently Asked Questions

What was Hazoor Multi Projects Ltd's net profit in Q4 FY25?

Hazoor Multi Projects Ltd reported a net profit of ₹16.78 crore in Q4 FY25, a 69% decline from ₹53.93 crore in Q4 FY24.

What is the final dividend declared by Hazoor Multi Projects Ltd for FY25?

Hazoor Multi Projects Ltd has declared a final dividend of ₹0.20 per share (20% on the face value of Re 1) for FY25.

How has Hazoor Multi Projects' stock performed recently?

Hazoor Multi Projects' stock has shown mixed performance recently, with a 17.26% decline YTD in 2025 but a 16.40% gain in the past month.

What strategic move has Hazoor Multi Projects made recently?

Hazoor Multi Projects has formed a wholly owned subsidiary to explore green energy ventures, aligning with the government's renewable energy push.

What advice is given to investors considering Hazoor Multi Projects?

Investors are advised to assess the fundamentals of Hazoor Multi Projects and seek professional guidance before investing, given the stock's marked volatility and sector-specific pressures.

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