Housing Development & Infrastructure (BOM:532873) Tax Rate %: 21.60% (As of Jun. 2019)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:532873 Housing Development & Infrastructure Ltd BOM:532873
31 GF Score
Price ₹1.47
! 5 Warning Signs
View Full Analysis

What is Housing Development & Infrastructure Tax Rate %?

Housing Development & Infrastructure BOM:532873 31 Tax Rate % is 21.60% as of Jun. 2019. GuruFocus rates BOM:532873 with a GF Score™ of 31/100. The stock has 5 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Housing Development & Infrastructure's Tax Expense for the three months ended in Jun. 2019 was ₹23 Mil. Housing Development & Infrastructure's Pre-Tax Income for the three months ended in Jun. 2019 was ₹105 Mil. Therefore, Housing Development & Infrastructure's Tax Rate % for the quarter that ended in Jun. 2019 was 21.60%.

Housing Development & Infrastructure Tax Rate % Related Terms

Housing Development & Infrastructure Tax Rate % Historical Data

* Premium members only.

The historical data trend for Housing Development & Infrastructure's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Housing Development & Infrastructure Tax Rate % Chart

Housing Development & Infrastructure Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.46 -19.39 15.50 -58.29 18.55

Housing Development & Infrastructure Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.73 18.97 17.22 18.25 21.60
BOM:532873
31GF Score
Housing Development & Infrastructure Ltd BOM:532873
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Housing Development & Infrastructure Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Housing Development & Infrastructure's Tax Rate % for the fiscal year that ended in Mar. 2019 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2019 )/Pre-Tax Income (A: Mar. 2019 )
=241.999/1304.771
=18.55 %

Housing Development & Infrastructure's Tax Rate % for the quarter that ended in Jun. 2019 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2019 )/Pre-Tax Income (Q: Jun. 2019 )
=22.7/105.1
=21.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 21.60% mean?
Housing Development & Infrastructure (BOM:532873) has a Tax Rate % of 21.60% as of Jun. 2019.
Is Housing Development & Infrastructure's Tax Rate % too high?
Housing Development & Infrastructure's current Tax Rate % is 21.60%. Overall, Housing Development & Infrastructure has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Housing Development & Infrastructure's Tax Rate % compare to competitors?
Housing Development & Infrastructure's Tax Rate % of 21.60% can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Real Estate company?
A good Tax Rate % depends on the Real Estate industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Housing Development & Infrastructure's current Tax Rate % is 21.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Housing Development & Infrastructure stock overvalued right now?
Housing Development & Infrastructure (BOM:532873) has a current Tax Rate % of 21.60%. The current Tax Rate % is 21.60%. Housing Development & Infrastructure's overall GF Score™ is 31/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Housing Development & Infrastructure (BOM:532873), the current Tax Rate % is 21.60% as of Jun. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Housing Development & Infrastructure Business Description

Other Exchanges HDIL:India
Address Anant Kanekar Marg, Station Road, 9-01, HDIL Towers, Bandra (East), Mumbai, MH, IND, 400051
Housing Development & Infrastructure Ltd is engaged in the business of real estate construction, development of residential and commercial properties, infrastructure facilities and other related activities. The company operates across multiple segments of the real estate sector, including residential, commercial, retail, slum rehabilitation, and land development projects. Its residential portfolio includes apartment complexes, residential towers, and township developments, while its commercial activities include office space and multiplex cinema developments. The company is also involved in the development of retail properties such as shopping malls.
31GF Score

Get the complete analysis for BOM:532873

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1.47
Price