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Latest news about Hazoor Multi Projects

Hazoor Multi Projects Submits Binding Offer for Gammon Engineers' EPC Business 3 days ago

Hazoor Multi Projects Limited (HMPL) has submitted binding offers to acquire a portion of the EPC business from Gammon Engineers and Contractors Private Limited (GECPL), a subsidiary of Gammon India Limited. This strategic move aims to expand HMPL's presence in the Engineering, Procurement, and Construction sector. GECPL, established in 1922, has a strong presence in civil engineering and infrastructure development across various sectors. The acquisition is subject to necessary approvals, completion of formalities, and acceptance by GECPL's lenders. HMPL's recent financial performance, with a consolidated total income of ₹18,001.83 lakhs and net profit of ₹1,378.90 lakhs in Q1, indicates a strong position for this strategic expansion.

Hazoor Multi Projects Reports Strong Revenue Growth but Swings to Loss in Q1 3 days ago

Hazoor Multi Projects Reports Strong Q1 Revenue Growth, Appoints New Director, and Explores EPC Business Acquisition 5 days ago

Hazoor Multi Projects' Subsidiary Quippo Secures Rs. 280.1 Crore Contract from Oil India Limited 7 days ago

Hazoor Multi Projects Expands into Oil & Gas Sector with Quippo Acquisition Aug 05, 2025

More news about Hazoor Multi Projects

07Jul 25

Hazoor Multi Projects Secures ₹913 Crore Solar Project in Gujarat

Hazoor Multi Projects has been awarded a 200 MW solar project in Gujarat valued at ₹913.00 crore. This significant deal in the renewable energy sector marks a major milestone for the company, enhancing its project portfolio and potential revenue stream. The project aligns with Gujarat's progressive stance on renewable energy and contributes to India's clean energy goals. This award demonstrates Hazoor Multi Projects' growing capabilities in handling large-scale renewable energy projects, potentially positioning it as a significant player in India's evolving energy sector.

04Jul 25

Hazoor Multi Projects Secures ₹913 Crore Solar Project Contract in Gujarat

Hazoor Multi Projects has won a ₹913.00 crore contract from Apollo Green Energy Ltd. for a 200 MW grid-connected solar PV power project at the Khavda Renewable Energy Solar Park in Gujarat. The project scope includes engineering, procurement, construction, and commissioning, with a completion deadline of March 2026. This significant contract is expected to boost the company's revenue and market presence in the renewable energy sector.

30May 25

Hazoor Multi Projects Reports Mixed Q4 Results with Profit Decline and Improved EBITDA Margin

Hazoor Multi Projects announced its Q4 consolidated financial results, showing a 68.83% year-over-year decrease in net profit to ₹168.00 million. Revenue declined 46.12% YoY to ₹2.50 billion. However, the company saw a 522.22% quarter-over-quarter increase in profit and improved its EBITDA margin to 18.03% from 15.39% in the previous year's Q4. EBITDA decreased to ₹450.00 million from ₹714.00 million year-over-year.

21May 25

Hazoor Multi Projects Secures 230 Crore Rupee Contract

Hazoor Multi Projects Ltd has been awarded a new infrastructure project worth ₹230 crore. While specific details about the project's nature and timeline are not disclosed, this contract is expected to boost the company's order book and potentially enhance future revenue streams. The win demonstrates Hazoor Multi Projects' competitive position in securing significant contracts in the infrastructure sector.

02May 25

Hazoor Multi Projects Boosts Capital: Converts Warrants to Equity Shares

Hazoor Multi Projects Limited, a small-cap company, has completed a fundraising initiative by converting 1,00,000 warrants into 10,00,000 equity shares at ₹30 per share. This conversion raised ₹2.25 crore and increased the company's paid-up capital to ₹22.41 crore. The allotment was made to Rakesh Laroia, a non-promoter. Following this transaction, 88,85,200 warrants remain outstanding for potential future conversion.

11Apr 25

Hazoor Multi Projects Expands Globally with New UK Subsidiary

Hazoor Multi Projects Ltd, an Indian infrastructure company, has incorporated a wholly-owned subsidiary, Hazoor Multi Projects UK Ltd (HMPL, UK), in England and Wales. The new entity will focus on various construction projects including commercial and domestic buildings, road construction, and civil engineering ventures in the UK. This move marks Hazoor's entry into the European construction market, potentially opening new opportunities and partnerships across Europe.

09Apr 25

Hazoor Multi Projects Expands Globally with New UK Subsidiary

Hazoor Multi Projects Limited has incorporated a wholly-owned subsidiary, Hazoor Multi Projects UK Ltd (HMPL UK), in England and Wales on April 8, 2025. The new entity will focus on commercial and domestic buildings, roads, and civil engineering projects. HMPL UK is capitalized with 100 Ordinary Shares at GBP 1.00 per share. Mr. Radheshyam Laxmanrao Mopalwar, Managing Director of the parent company, is authorized to act as a director of HMPL UK. As operations have not yet commenced, no turnover figures are available.

01Apr 25

Hazoor Multi Projects' Subsidiary Secures UK Order, Boosts Maharashtra's Maritime Sector

Square Port Shipyard, a subsidiary of Hazoor Multi Projects Limited (HMPL), has secured an order from a UK-based shipping company for a new Landing Craft. The steel cutting ceremony for this project took place on Gudi Padwa, marking the start of construction. The shipyard now has five vessels under construction, signaling operational expansion. This development is expected to contribute significantly to Maharashtra's maritime sector and its goal of becoming a $1 Trillion economy by 2027. The company is in talks with other foreign shipyards for potential future projects and is benefiting from the Indian government's recent budget allocation for the maritime sector.

19Mar 25

Hazoor Multi Projects Expands into Renewable Energy with New Subsidiary

Hazoor Multi Projects Limited (HMPL) has incorporated a wholly owned subsidiary, Hazoor New & Renewable Energy Private Limited, on March 12, 2025. The new entity, with an initial capital of ₹1,00,000, will focus on renewable and non-renewable energy solutions. Its scope includes design, research, manufacturing, and distribution of various energy sources such as solar, wind, bioenergy, geothermal, and conventional sources. The subsidiary aims to promote sustainable practices, collaborate with multinational companies, and expand its presence in residential, commercial, and industrial sectors.

10Mar 25

Hazoor Multi Projects Limited Raises ₹3.04 Crore Through Warrant Conversion

Hazoor Multi Projects Limited (HMPL) has raised ₹3.04 crore by converting 1,35,263 warrants into 13,52,620 equity shares at ₹30 per share. The allotment, approved on March 10, 2025, increases HMPL's total issued capital to ₹22,18,98,410. Two non-promoter entities received shares: West Midlands Ventures Pvt Ltd (12,71,120 shares) and Nirmala Devi Dugar (81,500 shares). 91,06,000 warrants remain outstanding for potential future conversion.