About Hazoor Multi Projects Limited

Hazoor Multi Projects Limited (HMPL), incorporated in 1992, is engaged in the infrastructure and real estate business. The company undertakes engineering, procurement, and construction (EPC) projects with a strong focus on road construction, irrigation works, and real estate development. HMPL has established itself as a reliable infrastructure developer, serving key government clients and public sector undertakings (PSUs). The company operates from its registered office at Nariman Point, Mumbai, and has a diverse portfolio of projects across India.

The company has two wholly owned subsidiaries—Hazoor Infra Projects Private Limited and Square Port Shipyard Private Limited—and one associate, Rappture Projects Private Limited, in which it holds a 46.75% stake. Hazoor New & Renewable Energy Private Limited is a subsidiary yet to commence operations.

Hazoor Multi Projects Limited’s Business Segments

HMPL is engaged primarily in infrastructure development and real estate activities. Revenue contribution by segment or geography is not separately disclosed in the report.

Hazoor Multi Projects Limited’s Key Management

• Mr. Radheshyam Laxmanrao Mopalwar – Chairman & Managing Director

• Mr. Pawankumar Nathmal Mallawat – Executive Director

• Ms. Tunviey Radheshyam Mopalwar – Executive Director

• Mr. Tejas Kirtikumar Thakkar – Executive Director

• Ms. Pratima Prem Mohan Srivastava – Non-Executive Independent Director

• Ms. Madhuri Purshottam Bohra – Non-Executive Independent Director

• Mr. Arvind Vilasrao Sapkal – Non-Executive Director

• Mr. Pramod Kumar – Non-Executive Independent Director

• Mrs. Divya Solanki – Non-Executive Independent Director

• Mr. Mukund Shriniwasrao Bilolikar – Additional Independent Director

• Mrs. Shruti Jigar Shah – Additional Executive Director

• Mr. Akshay Pawan Kumar Jain – Chief Executive Officer

• Mr. Samir Mahendra Desai – Chief Financial Officer

• Mr. Swaminath Chhotelal Jaiswar – Company Secretary & Compliance Officer

Latest Updates on Hazoor Multi Projects Limited

• Financial Performance: Reported consolidated revenue of Rs 64,367 lakh in FY 2024–25 with net profit of Rs 3,998 lakh; standalone revenue stood at Rs 40,021 lakh with PAT of Rs 1,409 lakh.

• Dividend Declared: Board recommended a final dividend of Re. 0.20 per equity share of face value Re. 1 (20%).

• Subsidiary Expansion: Incorporated Square Port Shipyard Private Limited as a new wholly owned subsidiary.

• Associate Investment: Acquired 46.75% stake in Rappture Projects Private Limited on May 29, 2024.

• Project Execution: Completed user fee collection contract at Bogalur Fee Plaza on NH-49 (Tamil Nadu) worth Rs 1,787 lakh; ongoing toll collection project at Bijora Toll Plaza on NH-361 (Maharashtra) is 52% completed.

• EPC Projects: Engaged in widening and improvement works on SH-6 in Nandurbar, Maharashtra, under EPC Project NSK-II-24(A).

• Corporate Governance: Audit Committee and Board confirmed compliance with SEBI and MCA norms; Secretarial Audit Report showed no adverse remarks.

• CSR Activities: Undertook multiple initiatives in education, women empowerment, healthcare, rural development, and environment protection across Maharashtra and Gujarat.

• Risk Management: Formal framework in place to mitigate risks related to market conditions, project execution, regulatory compliance, and environmental issues.

• Credit Rating: Infomerics Valuation and Rating assigned “IVR BBB-/Stable” for long-term facilities and “IVR A3” for short-term bank facilities.