Hazoor Multi Projects Limited reported a consolidated net profit of ₹4,268.81 lakh for the financial year ended March 31, 2026, an increase from ₹3,997.59 lakh in the previous year. The company's standalone net profit for the year stood at ₹2,287.29 lakh, up from ₹1,409.35 lakh in FY25. The Board of Directors approved the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026, at its meeting held on May 26, 2026. The statutory auditors, M/s. VMRS & Co., issued an audit report with an unmodified opinion on the financial results.

Revenue from operations for the consolidated entity for FY26 was ₹57,957.55 lakh, compared to ₹63,768.00 lakh in the previous year. On a standalone basis, revenue from operations was ₹40,271.41 lakh, up from ₹39,475.68 lakh in FY25.

Q4 Standalone Performance

The company delivered a strong quarterly performance on a standalone basis. Q4 EBITDA surged to ₹824 million from ₹282 million in the same period last year, with the EBITDA margin expanding significantly to 57.46% from 12.39% year-on-year. Standalone net profit for Q4 rose to ₹104 million compared to ₹62 million in the corresponding quarter of the previous year, while Q4 revenue stood at ₹1.43 billion versus ₹2.3 billion year-on-year.

Full Year Financial Performance

The company's total comprehensive income for the consolidated year ended March 31, 2026, was ₹4,275.48 lakh. The earnings per share (EPS) for the consolidated entity was ₹1.74 on a basic and diluted basis for the full year. The paid-up equity share capital as of March 31, 2026, was ₹2,881.72 lakh. The Board also appointed M/s. N. Ritesh & Associates, Cost Accountants, as the Cost Auditor for the financial year 2026-27.

The following table summarises the key financial metrics for the full year:

Strategic Decisions

The Board approved the withdrawal of the binding offer for the potential acquisition of the EPC business of Gammon Engineers and Contractors Private Limited. Following a detailed review of the physical progress and financial performance of the target company, including an assessment of enhanced security cover requirements proposed by CRISIL, the Senior Executives concluded that proceeding would not be in the best interests of the company. The Board determined that the proposed acquisition and the operations of the target business were no longer considered viable, and the offer now stands withdrawn and is treated as null and void.

Furthermore, the Board reconsidered and approved the proposal for listing the company's securities on the Main Board of the National Stock Exchange of India Limited (NSE). This follows the completion of the conversion of share warrants into equity shares, which had previously delayed the listing process. The listing remains subject to the fulfilment of requisite eligibility criteria and necessary approvals. The trading window for insiders will reopen 48 hours after the announcement of the results.

hazoor multi projects has disclosed that BSE Limited imposed a financial penalty on the company due to a delay in appointing a key official. The stock exchange levied a fine of Rs 42,000 plus GST under Regulation 6(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation regarding this penalty was received by the company on May 20, 2026.

Details of the Violation

The regulatory action was taken because the company exceeded the prescribed period of three months to fill the vacancy of the Compliance Officer. According to the disclosure, there was a delay of forty two days in completing this appointment process. The specific regulation cited mandates that such vacancies must be filled within the stipulated timeframe to ensure continuous compliance with listing obligations.

Financial Impact and Company Response

In its communication to the exchange, the management stated that the imposition of the fine would not affect the company's broader activities. The company explicitly clarified that there is no material impact on its financials, operations, or other activities, except for the outflow of the fine amount itself.