---
title: "Horizon Industrial Parks Ltd (HORIZONIND) — Share Price, Financials & Analysis"
symbol: "HORIZONIND"
company: "Horizon Industrial Parks Ltd"
canonical: "https://tapetide.com/stocks/HORIZONIND"
isin: "INE685T01010"
nse_symbol: "HORIZONIND"
bse_code: "544880"
sector: "Consumer Discretionary"
industry: "Realty"
market_cap_cr: 15593.62
generated_at: "2026-09-13T19:01:57.778Z"
---

# Horizon Industrial Parks Ltd (HORIZONIND)

Canonical page: https://tapetide.com/stocks/HORIZONIND

## Company

- **NSE Symbol:** HORIZONIND
- **BSE Code:** 544880
- **ISIN:** INE685T01010
- **Sector:** Consumer Discretionary
- **Industry:** Realty
- **Macro Sector:** Consumer Discretionary
- **Listed Since:** 2026-08-24
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Incorporated in 2009, Horizon Industrial Parks, backed by Blackstone Group, is India’s largest industrial and logistics infrastructure developer, owner, and operator by total network.[1]

## Latest Price

- **Price:** ₹55.67
- **Change:** +0.12 (+0.22%)
- **Open:** ₹55
- **Day High:** ₹55.89
- **Day Low:** ₹53.75
- **Previous Close:** ₹55.55
- **Volume:** 3566247
- **As Of:** 2026-09-11T10:28:06+00:00

## Key Fundamentals

Observed at 2026-09-11T04:33:33.536677Z.

- **Market Cap:** ₹15593.62 Cr
- **Classification:** Smallcap
- **P/E (reported):** -78.3
- **Book Value:** ₹28.67
- **Price to Book:** 1.94
- **Dividend Yield:** 0%
- **ROE:** -3.48%
- **ROCE:** 2.65%
- **Debt to Equity:** 1.22
- **Revenue (yearly):** ₹767.8 Cr
- **Net Income:** ₹-203.6 Cr
- **EBITDA:** ₹607.8 Cr
- **52-Week High:** ₹60.25
- **52-Week Low:** ₹53.75

## Key Insights

### Strengths

- Debtor days have improved from 26.0 to 18.4 days.

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -10.8% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y |
| --- | --- | --- | --- |
| ebitda margin growth | — | 2.55% | 25.09% |
| net income growth | — | 13.87% | -13% |
| revenue growth | 772.26% | 74.78% | 66% |
| roce | — | 23.83% | 93.43% |
| roe | — | -77.06% | -12.57% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- |
| Sales | 129 | 188 | 201 |
| Expenses | 36 | 44 | 40 |
| Operating Profit | 93 | 144 | 161 |
| OPM % | 72 | 77 | 80 |
| Other Income | 7 | 45 | 40 |
| Interest | 105 | 117 | 131 |
| Depreciation | 52 | 72 | 77 |
| Profit before tax | -58 | 0 | -7 |
| Tax % | 0 | -195 | 68 |
| Net Profit | -58 | 1 | -12 |
| EPS in Rs | -0.62 | 0 | -0.04 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 151 | 234 | 390 | 691 |
| Expenses | 132 | 97 | 100 | 160 |
| Operating Profit | 19 | 137 | 290 | 531 |
| OPM % | 13 | 59 | 74 | 77 |
| Other Income | 20 | 16 | 25 | 76 |
| Interest | 131 | 194 | 353 | 539 |
| Depreciation | 67 | 98 | 143 | 266 |
| Profit before tax | -160 | -139 | -181 | -197 |
| Tax % | -5 | 0 | -1 | 3 |
| Net Profit | -151 | -139 | -179 | -204 |
| EPS in Rs | -2.7 | -2.53 | -3.11 | -0.81 |
| Dividend Payout % | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Equity Capital | 536 | 536 | 536 | 2450 |
| Reserves | 78 | 136 | 472 | 3215 |
| Borrowings | 2335 | 3294 | 7017 | 6904 |
| Other Liabilities | 226 | 324 | 1811 | 927 |
| Total Liabilities | 3174 | 4290 | 9835 | 13495 |
| Fixed Assets | 2480 | 3611 | 8534 | 9981 |
| CWIP | 0 | 0 | 0 | 111 |
| Investments | 51 | 80 | 131 | 737 |
| Other Assets | 643 | 599 | 1170 | 2666 |
| Total Assets | 3174 | 4290 | 9835 | 13495 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | 89 | 129 | 235 | 464 |
| Cash from Investing Activity | -409 | -791 | -1583 | -4740 |
| Cash from Financing Activity | 376 | 716 | 1458 | 4638 |
| Net Cash Flow | 56 | 54 | 110 | 362 |
| Free Cash Flow | 94 | 130 | 235 | 472 |
| CFO/OP | 498 | 96 | 80 | 90 |

### Ratios

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Debtor Days | 20 | 31 | 28 | 18 |
| Cash Conversion Cycle | 20 | 31 | 28 | 18 |
| Working Capital Days | -321 | -234 | -1547 | -208 |
| ROCE % | — | 2 | 3 | 3 |

## Shareholding Pattern

### Quarterly

| Category | Dec 2025 |
| --- | --- |
| Promoters | 88.74% |
| FIIs | 0% |
| DIIs | 0% |
| Government | 0% |
| Public | 0% |
| Others | 11.26% |
| No. of Shareholders | 33 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 0 / 16 / 3

### Moving Averages — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 55.69 | Sell |
| EMA (10) | 55.88 | Sell |
| SMA (20) | — | Neutral |
| EMA (20) | — | Neutral |
| SMA (50) | — | Neutral |
| EMA (50) | — | Neutral |
| SMA (100) | — | Neutral |
| EMA (100) | — | Neutral |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 39.33 | Neutral |
| MACD (12,26,9) | — | Neutral |
| Stochastic (14,3,3) | — | Neutral |
| ADX (14) | — | Neutral |
| Williams %R (14) | -68.21 | Neutral |
| ATR (14) | 2.3 | High Volatility |
| ROC (12) | -1.95 | Sell |
| Stoch RSI (14) | — | Neutral |
| UO (7,14,28) | — | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 11 Sep - Horizon Industrial Parks announced Q1 FY27 results: revenue up 23% to Rs 2,005 million, EBITDA up 36%. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 11 Sep - Horizon Industrial Parks announced Q1 FY27 results: revenue up 23% to Rs 2,005 million, EBITDA up 36%.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f6783818-13ec-47e4-9e49-244b24c22449.pdf) |
| 11 Sep - Board approved Q1 FY27 results; IPO of 43.34 crore shares listed Aug 24, plus 49% stake acquisition. | [Board Meeting Outcome for Outcome Of The Board Meeting Of Horizon Industrial Parks Limited (The 'Company') 11 Sep - Board approved Q1 FY27 results; IPO of 43.34 crore shares listed Aug 24, plus 49% stake acquisition.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aeac841c-df53-4be6-a19c-f82fee90905f.pdf) |
| — | [Consolidated And Standalone Unaudited Financial Results Of The Company For The Quarter Ended June 30, 2026 Pursuant To Regulation 33 And Other Applicable Provisions Of SEBI (LODR) Regulations, 2015 11 Sep](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=76fb0f4d-93ff-40ec-bd7e-6038c074b258.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b96120d0-9380-437b-a848-b8a415b8dc7c.pdf) |
| 2026-09-09 | [Outcome Of The Board Meeting Of Horizon Industrial Parks Limited (The Company)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e2489a27-e009-486c-a6cd-84762a49c9c9.pdf) |
| 2026-09-09 | [Copy Of Invitation To The Investors To Attend The Conference Call](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=585987ea-603d-4786-a946-5a4a4634ed2f.pdf) |
| 2026-09-09 | [Intimation With Respect To The Communication To The Shareholders For Weblink Of Notice Of 17Th Annual General Meeting And Annual Report For The Financial Year 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=10c6d0aa-fdd4-43db-b469-bc05e4b70624.pdf) |
| 2026-09-08 | [Board Meeting Outcome for Outcome Of The Board Meeting Of Horizon Industrial Parks Limited](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8683601a-47af-4358-b577-3bddd63f898a.pdf) |
| 2026-09-08 | [Submission Of Notice Convening The 17Th Annual General Meeting And Annual Report Of The Company For The Financial Year 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=45df609e-1610-43b9-a5e4-16f95c6e2785.pdf) |
| 2026-09-08 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f12f7916-3dfd-4c1e-8529-5d1e65d26d0d.pdf) |
| 2026-09-07 | [Board Meeting Intimation for Intimation Of The Date Of Board Meeting To Consider Unaudited Standalone And Consolidated Financial Results For The Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=998ba557-3bbb-4515-b9cf-681f77685729.pdf) |
| 2026-08-24 | [Intimation Under Regulation 30(5) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=31c85301-74f0-41b1-8e76-71162ab46691.pdf) |
| 2026-08-24 | [Intimation Under Regulation 8(2) Of The Securities Exchange Board Of India (Prohibition Of Insider Trading) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=347abc2f-9d91-44f7-a871-1b313c9cb89e.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:01:57.778Z.