HORIZONIND · NSE

Horizon Industrial Parks Limited

₹54.23

+3.95% (+₹2.06)

Prev. close

₹52.17

Volume

27,86,457

Delivery %

51.4%

As of

18 Sept 2026

Price history

Neutral

Anuj Gupta · Independent · 24 Aug 2026

Does not expect a significant gap-up for Horizon Industrial Parks IPO. With a GMP of ₹2-₹3.40 per share and an upper price band of ₹60, the estimated listing price is ₹62-₹63.40, indicating a modest expected gain of about 3% to 5.7% on its August 24, 2026 market debut.

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Anuj Gupta's call · 24 Aug 2026

Analyst sentiment

Analysts are split

2 analyst stances · last 90 days · one per analyst

Trackable

1 · 0 bull / 1 neutral / 0 bear

Long-Horizon

none in window

Commentary

1 · 0 bull / 1 neutral / 0 bear

Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded

Bullish 0% (0)Neutral 100% (2)Bearish 0% (0)
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Analyst opinions

CallAnalystInstrumentVerdictActions
Does not expect a significant gap-up for Horizon Industrial Parks IPO. With a GMP of ₹2-₹3.40 per share and an upper pri…Anuj GuptaIndependentHorizon Industrial ParksPENDING
Does not expect a significant gap-up for Horizon Industrial Parks IPO. With a GMP of ₹2-₹3.40 per share and an upper price band of ₹60, the estimated listing price is ₹62-₹63.40, indicating a modest expected gain of about 3% to 5.7% on its August 24, 2026 market debut.

This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded.

Market commentary · 1 · levels, conditionals, previews, macro & hedged views — context, not graded
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Fundamentals

About Horizon Industrial Parks Limited

Horizon Industrial Parks Limited engaged in the business of developing, operating, and maintaining industrial and warehousing parks in India. It offers industrial and logistic parks, fulfillment centers and industrial facilities, and in-city centers. The company also offers turnkey solutions, energy solutions, on-site staff accommodation and skill development centers, cold storage, and hospitality. It caters to the auto, engineering and aerospace, logistics and supply chain, FMCG and retail, packaging, e-commerce, energy, and chemicals industries. The company was incorporated in 2009 and is based in Mumbai, India.

Details

Sector

Real Estate

Industry

Real Estate - Development

CEO

Mr. Urvish Jayantilal Rambhia

Headquarters

Mumbai

Key stats

Market cap

₹15,040.10 Cr

EPS (TTM)

₹-0.95

Shares float

52.88 Cr

EPS · quarter ended Jun 2025

₹-0.42

Financial Performance

01 · Financials

-500 Cr0 Cr500 Cr1000 Cr0%10%20%30%FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

FY23 growth needs FY22 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

-3-2-10FY23FY24FY25

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-100%0%100%200%FY24FY25FY26
SalesFixed assetsTrade receivablesInventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr5000 Cr10000 Cr15000 CrFY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr5000 Cr10000 Cr15000 CrFY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

0 Cr2500 Cr5000 Cr7500 CrFY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY23FY24FY25FY26
₹369.74 Cr₹447.26 Cr₹560.18 Cr₹670.77 Cr
EBITDA₹174.68 Cr₹354.53 Cr₹446.77 Cr₹601.48 Cr
₹-279.87 Cr₹-271.39 Cr₹-227.11 Cr₹-184.30 Cr
Diluted EPS₹-2.06₹-2.04₹-1.68

Diluted EPS has filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

09 · Balance Sheet

Annual

Line itemFY23FY24FY25FY26
₹7,360.77 Cr₹8,368.03 Cr₹9,799.25 Cr₹13,305.59 Cr
₹4,512.73 Cr₹5,480.34 Cr₹6,720.14 Cr₹6,906.19 Cr
Stockholders' equity₹2,182.68 Cr₹1,857.37 Cr₹2,062.70 Cr₹5,496.58 Cr

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY23FY24FY25FY26
₹89.16 Cr₹119.28 Cr₹235.14 Cr₹464.07 Cr
Investing cash flow₹-408.91 Cr₹-876.42 Cr₹-1,596.31 Cr₹-4,872.84 Cr
₹376.20 Cr₹794.25 Cr₹1,457.86 Cr₹4,638.15 Cr
End cash position₹105.76 Cr₹163.62 Cr₹274.07 Cr₹636.13 Cr

Annual only — the data source has no quarterly cash-flow-statement coverage.

12 · Peer Comparison

Real Estate

Company
DLF Limited₹1.58 L Cr₹644.3534.73.489.7%0.01-1.4%-17.7%
Lodha Developers Limited₹1.10 L Cr₹1,144.726.84.7314.7%0.42+19.2%-5.0%
The Phoenix Mills Limited₹66,964.45 Cr₹1,877.952.36.0911.1%0.48+16.0%+15.5%
Oberoi Realty Limited₹63,292.24 Cr₹1,78524.13.5314.0%0.16+13.7%+7.6%
Prestige Estates Projects Limited₹62,029.46 Cr₹1,435.154.43.817.3%1.09+74.1%-11.9%
Godrej Properties Limited₹52,654.39 Cr₹1,74832.92.759.7%0.83+4.7%-14.2%
Anant Raj Limited₹21,481.05 Cr₹606.1536.73.719.6%0.12+21.9%+3.5%
Brigade Enterprises Limited₹20,445.49 Cr₹620.931.73.009.4%1.01+12.4%-34.6%
Horizon Industrial Parks Limited₹15,040.10 Cr₹54.232.74-3.4%1.26+19.7%
Aditya Birla Real Estate Limited₹13,638.67 Cr₹1,257.43.69-2.8%1.52-66.4%-34.9%
Sobha Limited₹12,721.09 Cr₹1,215.255.02.704.1%0.22+28.3%-25.4%
Signatureglobal (India) Limited₹10,567.63 Cr₹756.9510.15.7159.2%1.61+3.8%-33.8%

Ranked by market cap within Real Estate, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

1 index

Weight is a free-float market-cap-share estimate from NSE’s live index data, not NSE’s own published (and sometimes capped) index weight. Indices without a live weight feed are listed without one, in alphabetical order after the weighted ones.

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Horizon Industrial Parks Publishes Q1 FY27 Earnings Call Transcript for Investors

Horizon Industrial Parks Limited released the transcript of its Q1 FY27 earnings conference call, held on September 11, 2026. The document, featuring discussions by the CEO, CFO, and Director of Investor Relations, is now available on the company's website. This action enhances corporate governance and transparency for investors and analysts.