2 weeks ago
Hazoor Multi Projects wins NHAI toll contract; stock in focus
A company called Hazoor Multi Projects builds and looks after roads and highways.
The government group NHAI, which takes care of national highways, asked this company to collect money from drivers at a toll plaza.
The toll plaza is on a road called NH-31 in a state called Jharkhand.
The job is worth about ₹28.47 crore, which is a lot of money.
The company will collect the toll and also keep the nearby toilets clean.
This news made the company's shares popular with people who buy and sell stocks.
But the share price actually went down a little and has been falling over the past year.
The company also shared its latest financial report.
It made more money from its work, but its profit became much smaller than before.
Still, the company has given very big returns to investors over the last five and ten years.
Hazoor Multi Projects received a Letter of Award (LOA) from the National Highways Authority of India (NHAI) for user fee collection at Madangundi Fee Plaza on NH-31 in Jharkhand.
The contract, awarded on 14 August 2026 and disclosed on 15 August, is worth approximately ₹28.47 crore and was won through competitive e-tender bidding.
The stock closed 3.29% lower at ₹20.85 on BSE on Friday and is down 12% in a month, 43% year-to-date, and 52% in a year.
The company reported a 4.6% YoY rise in standalone revenue to ₹10,367.04 crore in Q1FY27, while standalone PAT fell 59% to ₹460.03 crore.
On a consolidated basis, revenue grew 10.8% YoY to ₹11,966.38 crore, but consolidated net profit plunged 99% to ₹210.33 crore.
The stock has delivered multibagger returns of 1,071% in five years and 15,900% in ten years.
The scope of work includes user fee collection, maintenance of adjacent toilet blocks, and recouping consumable items under NHDP Phase-IV on EPC mode.
- Who
- Hazoor Multi Projects Limited, Mumbai-based infrastructure company, and the National Highways Authority of India (NHAI).
- What
- NHAI awarded the company a Letter of Award for user fee collection and upkeep of toilet blocks at Madangundi Fee Plaza on NH-31 under NHDP Phase-IV on EPC mode, valued at about ₹28.47 crore.
- Where
- Madangundi Fee Plaza on NH-31, between Km 0.000 and Km 27.500, in the state of Jharkhand.
- When
- The LOA is dated 14 August 2026; the company disclosed it in an exchange filing on 15 August; the stock will be in focus on Monday.
- Why
- The contract was awarded through competitive bidding via e-tender as the company was selected as the user fee collection agency for the highway project.
Key facts
- Company
- Hazoor Multi Projects Limited
- Contract Value
- ₹28.47 crore
- Client
- National Highways Authority of India (NHAI)
- Location
- Madangundi Fee Plaza, NH-31, Jharkhand
- Stock Price (Friday Close)
- ₹20.85 apiece on BSE, down 3.29%
- Q1FY27 Standalone Revenue
- ₹10,367.04 crore, up 4.6% YoY
- Q1FY27 Standalone PAT
- ₹460.03 crore, down 59% YoY
- Stock Returns
- 1,071% in 5 years; 15,900% in 10 years; -43% YTD
Quotes
Hazoor Multi Projects
Company filing announcing new contract
“The Company is in receipt of Letter of Award (LOA) dated 14th August 2026 from the National Highways Authority of India (NHAI).”
livemint.com
Sources
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