Hubtown Limited (HUBTOWN) AI Stock Analysis

• Market Cap: ₹28.19B
• Dividend Yield: N/A
• Average Volume (3M): 41.10K
• Price to Earnings (P/E): 39.3
• Beta (1Y): 1.98
• Revenue Growth: 64.29%
• EPS Growth: N/A
• Country: IN
• Employees: 61
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): 1.57
• Shares Outstanding: 142,100,660
• 10 Day Avg. Volume: 77,192
• 30 Day Avg. Volume: 41,100
• PEG Ratio: -0.31
• Price to Book (P/B): 0.84
• Price to Sales (P/S): 4.96
• P/FCF Ratio: -3.46
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 55 Neutral
• Price Target: ₹203.00 ▼(-21.33% Downside)
• Action: Reiterated Date: 12/13/25
• Date: Action: Reiterated 12/13/25

Hubtown Limited's overall stock score is primarily influenced by its financial performance, which shows growth potential but also significant challenges in profitability and cash flow management. Technical analysis indicates bearish momentum, and valuation metrics suggest the stock may be overvalued.

Positive Factors

High Revenue Growth

Sustained near-39% revenue growth demonstrates expanding sales momentum and product/asset monetization. For a real-estate developer, strong topline expansion supports land conversion economics, underwriting of new projects, and scale benefits that should remain relevant over the next several quarters.

Healthy Gross & EBIT Margins

Consistently healthy gross and EBIT margins indicate durable cost control and construction/project execution efficiency. Margin strength implies structural competitiveness in pricing and supply-chain management, supporting earnings resilience even if volumes fluctuate over months.

Moderate Leverage with Improving ROE

A moderate debt-to-equity posture combined with improved return on equity suggests management is using leverage prudently to enhance returns. Balanced capital structure preserves financial flexibility for project funding and limits rollover risk across the medium term.

Negative Factors

Negative Free Cash Flow

Persistent negative free cash flow constrains internal funding for development cycles and increases reliance on external financing. Over the coming months this can raise liquidity pressure, elevate financing costs, and limit the company's ability to reinvest or absorb project delays.

Profitability Volatility

Material swings in net income and EBITDA margins signal earnings unpredictability, often tied to project timing or margin compression. This volatility undermines forecasting accuracy, complicates long-term planning, and can stress cash generation during weaker cycles.

Balance Sheet Instability Risks

Variation in liabilities and equity levels suggests episodic refinancing, working-capital swings, or asset reclassification. Such instability increases refinancing and covenant risk, reducing capital structure predictability and potentially elevating funding costs in the medium term.

Hubtown Limited Business Overview & Revenue Model

Company Description

Hubtown Limited constructs and develops real estate properties in India. It develops residential and commercial premises, as well as IT and industrial infrastructures. The company was formerly known as Ackruti City Limited and changed its name to Hubtown Limited in November 2011. Hubtown Limited was incorporated in 1989 and is based in Mumbai, India.

How the Company Makes Money

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Hubtown Limited Financial Statement Overview

Summary

Hubtown Limited shows strong revenue growth and operational efficiency with healthy profit margins. However, profitability volatility and cash flow challenges present risks. The balance sheet reflects a balanced financial structure but indicates potential instability.

Income Statement

Hubtown Limited has demonstrated strong revenue growth, significantly increasing from 2024 to 2025. The gross profit margin and EBIT margin are healthy, indicating efficient cost management and operational performance. However, the company has experienced fluctuations in net income and EBITDA margins over the years, suggesting volatility in profitability.

Balance Sheet

The company's balance sheet reflects a moderate debt-to-equity ratio, suggesting a balanced approach to leveraging. The equity ratio indicates a reasonable proportion of assets financed by equity. Return on equity has improved, reflecting enhanced profitability. However, fluctuations in liabilities and equity over the years may indicate potential financial instability.

Cash Flow

Cash flow analysis shows a troubling trend with negative free cash flow in recent years. The operating cash flow to net income ratio is concerning, indicating cash flow challenges. However, there is some growth in operating cash flow, suggesting potential for future stabilization.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	5.85B	4.08B	2.21B	2.92B	1.71B	2.39B
Gross Profit	2.72B	2.58B	916.02M	1.52B	1.08B	1.35B
EBITDA	2.88B	2.34B	14.40M	898.81M	-368.13M	-230.39M
Net Income	1.28B	465.40M	-853.80M	305.02M	-1.28B	-1.22B
Balance Sheet
Total Assets	58.31B	54.18B	49.10B	45.04B	47.02B	44.27B
Cash, Cash Equivalents and Short-Term Investments	8.55B	8.79B	1.18B	633.48M	559.58M	527.58M
Total Debt	10.59B	7.93B	11.51B	9.66B	7.84B	8.77B
Total Liabilities	31.54B	29.48B	35.97B	31.75B	33.94B	29.94B
Stockholders Equity	26.10B	24.08B	12.58B	13.06B	12.89B	14.12B
Cash Flow
Free Cash Flow	914.90M	-5.86B	938.13M	-56.09M	228.56M	-1.30B
Operating Cash Flow	937.60M	-5.80B	1.61B	-55.98M	236.40M	-1.29B
Investing Cash Flow	-3.14B	-745.80M	-808.54M	1.56B	242.90M	2.04B
Financing Cash Flow	2.87B	6.44B	-267.64M	-1.45B	-583.21M	-571.51M

Hubtown Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 258.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HUBTOWN, the sentiment is Negative. The current price of 258.05 is above the 20-day moving average (MA) of 210.13, above the 50-day MA of 219.94, and below the 200-day MA of 273.09, indicating a bearish trend. The MACD of -4.32 indicates Positive momentum. The RSI at 40.99 is Neutral, neither overbought nor oversold. The STOCH value of 25.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:HUBTOWN.

Hubtown Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
ARVSMART	63 Neutral	₹24.54B	23.57	―	0.98%	13.62%	34.30%
MARATHON	62 Neutral	₹25.57B	28.99	―	0.19%	-21.43%	18.96%
KOLTEPATIL	57 Neutral	₹29.11B	195.93	―	1.01%	3.05%	―
AJMERA	56 Neutral	₹23.17B	36.99	―	0.47%	-1.25%	-5.48%
ASHIANA	56 Neutral	₹30.04B	12.74	―	0.85%	24.58%	122.16%
HUBTOWN	55 Neutral	₹28.19B	39.33	―	―	64.29%	―

Hubtown Limited Corporate Events

Hubtown Files SEBI-Mandated Demat Compliance Certificate for December Quarter

Hubtown Limited has disclosed that it has received a confirmation certificate from its registrar and transfer agent, MUFG Intime India Private Limited, for the quarter ended 31 December 2025, in compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The RTA has confirmed that all securities presented for dematerialisation during the period were duly processed, listed on the appropriate stock exchanges, and that physical certificates were cancelled and the depositories recorded as owners within prescribed timelines, while also noting that no shareholder dematerialisation requests were actually received in the quarter, underscoring a procedural compliance update rather than a change in Hubtown’s capital structure.

Hubtown Board Reapproves Composite Amalgamation Scheme After Exchanges Seek Updated Valuation

Hubtown Limited’s board has reapproved a composite scheme of arrangement that will see group entities Distinctive Realty, Amazia Developers and Nitant Real Estate amalgamated into the listed company, with effect from October 1, 2025, subject to approvals from stock exchanges, the National Company Law Tribunal, and shareholders and creditors. The move follows the stock exchanges’ decision to return the earlier application and ask for a fresh filing with updated valuations based on the latest audited financials, prompting Hubtown’s board, guided by its independent directors and audit committee, to reconfirm the merger structure and proceed with the process required under Indian corporate and securities regulations.

Hubtown Board Re-approves Revised Merger Scheme to Consolidate Group Real Estate Entities

Hubtown Limited’s board has granted fresh approval to a revised composite scheme of arrangement involving the amalgamation of three group entities—Distinctive Realty Private Limited, Amazia Developers Private Limited and Nitant Real Estate Private Limited—following the stock exchanges’ return of its earlier application and request for an updated valuation based on the latest audited financials. The scheme, effective from October 1, 2025, provides for a two-step amalgamation in which Distinctive Realty merges into Amazia Developers, and thereafter Amazia Developers and Nitant Real Estate merge into Hubtown Limited, subject to approvals from NSE, BSE, the National Company Law Tribunal, and the companies’ shareholders and creditors, a move aimed at consolidating group operations and potentially simplifying the company’s overall structure for stakeholders.