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IndiaPulse

Horizon Industrial Parks Limited (HORIZONIND)

Small Cap

Real Estate stocks · Small cap · NSE

Horizon Industrial Parks Limited operates in Residential, Commercial Projects, within the Real Estate sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹54.23
+2.06 · +3.95%
Quote20 Sept, 05:22 pm IST
Fundamentals20 Sept 2026 · screener
Score20 Sept, 05:22 pm IST · v4.3-runtime-valuation
Tags20 Sept 2026
Coverage11/14 · 79%
Valuation2026-07-20 · Rf 6.8% · Real Estate P/E 23.4 (n=71)
Data confidence
Fresh enough for analysis
Stock analysis snapshot

Horizon Industrial Parks Limited (HORIZONIND) share analysis

Horizon Industrial Parks Limited is a small-cap NSE-listed company in Residential, Commercial Projects. Its latest recorded share price is ₹54.23. IndiaPulse assigns it a U-Score of 17/100 and classifies its valuation as overvalued.

Current reported fundamentals include ROE of -6.2%, ROCE of 3.2%, and debt/equity of 1.22. Review these figures alongside the company's growth, cash-flow, balance-sheet and peer evidence below.

Market cap
Rs 15,634 Cr
ROE
-6.2%
Debt/equity
1.22
U-Score
17/100

Compare with Pranav Constructions Limited (PRANAV), Aditya Birla Real Estate Limited (ABREL) and Max Estates Limited (MAXESTATES) or open the complete peer comparison.

Investor decision lenses

One read, four checks

75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.

Weak fundamentals, management trust is not scored yet, timing is unclear, and result consistency is still building.

Suggested next step
Research, do not rush
The four lenses are not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
OVERVALUED
17

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Trust
pending

Management reliability not computed yet.

Technical
pending

Technical trend unavailable.

Result consistency
pending

Rolling lens: recent quarterly delivery, not the latest single-result score.

Latest result

Quarterly result analysis pending

No classified quarterly result is available yet. Financial-history charts below may still contain upstream data.

Business & thesis

Growth engines, tailwinds/headwinds, and risk radar from management commentary

Business and thesis

Issuer presentation review pending

Horizon Industrial Parks Limited operates in Residential, Commercial Projects, within the Real Estate sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed does not yet contain a classified quarter. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Management accountability

What management said, and what results must prove

Technical timing lens

Trend score and candlestick chart

Trend score is pending. The candlestick chart remains available for manual review.

Technical chart

HORIZONINDweekly · 6M · AUTO-6.6%
Latest close ₹54.23 on 2026-09-14
Bar
-3.3%
RSI
-
MACD hist
-
52W pos
28%
2026-09-14O ₹56.10H ₹56.55L ₹51.89C ₹54.23Vol 1.1Cr sh
₹51.47₹53.77₹56.07₹58.37₹60.6752H52L54.23VolRSIMACD2026-082026-082026-092026-09
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Not enough price history to compute a technical trend read.

Valuation & score drivers

U-Score 17 · OVERVALUED · pillar breakdown, sector model, fair-value anchor

17U-SCORE
OVERVALUED

Fundamental score breakdown

OVERVALUED
Valuation2/30
Growth9/25
Quality0/20
Balance Sheet4/15
Cash Flow1/10
Piotroski
4/9 (+1)
Penalties
0
Raw sum
17

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

17/100 · OVERVALUED

Positive drivers

  • Growth contributes 9/25 to the score.
  • Balance sheet contributes 4/15 to the score.
  • Cash flow contributes 1/10 to the score.

Main drags

  • Quality is weaker at 0/20; verify the latest quarterly trend.
  • Valuation is weaker at 2/30; verify the latest quarterly trend.
  • Cash flow is weaker at 1/10; verify the latest quarterly trend.
Sector valuation model

Real estate valuation: NAV, pre-sales, debt, and inventory quality

Real estate valuation depends more on project economics and balance sheet than simple PE.

Real Estate NAV
Primary lens
NAV and market cap versus project pipeline and pre-sales.
Secondary checks
Inventory age, net debt, collections, execution record.
Main risk check
Book value can overstate value if inventory is slow or debt is high.
PE
PB
EV/EBITDA
28.3
ROE
-6.2%
ROCE
3.2%
FCF Yield
Debt/Equity
1.2
MoS
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 20 Sept 2026
v4.3-runtime-valuation
Final score
17
Previous: 17
Verdict
OVERVALUED
Previous: OVERVALUED
Margin of safety
No stored baseline yet

Score history

One stored score snapshot exists. The trend will become useful after the next score run.

20 Sept 2026
v4.3-runtime-valuation
17

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
Growth-justified P/E
3.3
Growth-justified Value
— MoS
PEG

Trust score

Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth

Trust Score

Trust profile pending

Trust asks a simple question: can investors rely on management behaviour and financial delivery? Trust Lite uses promoter alignment, cash conversion, leverage, and result consistency. Full transcript-based claim matching appears after enough documents are ingested.

Not scored

Financials

Full fundamentals table and 10-year revenue / profit / ROE history

Fundamentals

Valuation

P/E
P/B
EV/EBITDA
28.28
Market Cap
15634.00Cr

Profitability

ROE
-6.18%
ROCE
3.18%
ROA
-1.51%
Dividend Y

Growth (CAGR)

Revenue 5Y
66.02%
EPS 5Y
Revenue 3Y
66.00%
EPS 3Y
-13.00%

Balance Sheet

Debt/Equity
1.22
Interest Coverage
0.99×
Altman Z
1.86
Book Value

Cash Flow

FCF Yield
FCF Positive Y
0/5
OCF
464.00 Cr
EPS TTM
-0.81

Shareholding

Promoter Hold
75.40%
Promoter Pledge
0.00%
Momentum 52W
28%

Financial History

Updated 20/9/2026

Revenue

₹ Cr
Latest: 691+77.2% vs prev
0691.0Mar 2023: 151Mar 2024: 234Mar 2025: 390Mar 2026: 691FY23FY24FY25FY26

Net Profit

₹ Cr
Latest: -204-14.0% vs prev
-204.00Mar 2023: -151Mar 2024: -139Mar 2025: -179Mar 2026: -204FY23FY24FY25FY26

Return on Equity

%
Latest: -3.6+79.7% vs prev
-24.60Mar 2023: -24.6%Mar 2024: -20.7%Mar 2025: -17.8%Mar 2026: -3.6%FY23FY24FY25FY26

Peers

Business-comparable names in Real Estate, ranked by similarity

Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.