What is Horizon Industrial revenue growth outlook?

Horizon Industrial operates in the Realty sector and has a current market cap of ₹12,489 Cr and P/E ratio of 0. For detailed revenue growth insights derived from the latest earnings call, visit the Horizon Industrial analysis page on Arthneeti AI.

What is Horizon Industrial current stock price?

Horizon Industrial current market price is ₹43.32. The stock trades at a P/E ratio of 0 with a market capitalisation of ₹12,489 Cr.

How does Arthneeti AI analyse Horizon Industrial?

Arthneeti AI uses natural language processing to analyse Horizon Industrial's earnings call transcripts and extract key insights on revenue growth, margins, capex plans, and fundraising activity. The analysis covers management commentary, forward guidance, and competitive positioning within the Realty sector.

Horizon Industrial Parks Q2 FY27 Share Price & Earnings Call Analysis

₹43.32-0.78% today

Market cap: ₹12,489 Cr
ROE: -6.18%
Price to sales: 18.07
Debt to equity: 0.44
52W high / low: ₹60.2 / ₹51.9
EBITDA margin: 76.85%
Net profit margin: -30.71%
Promoter holding: 75.40%
Sales (last year): ₹691 Cr

All 9 ratios ↓

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]

Guidance scorecard · Q2 FY27 call

What Horizon Industrial's management guided
and where it ranks in Realty

#10of 40 in
Realty

Revenue20–40%MarginsFlat CapexPlanned FundraisingPlanned Order bookRising

RevenueQ1 FY27 call

20–40%

Horizon Industrial Parks expects about 25% volume growth over the next 3 to 4 years, driven by adding approximately 8 million sq.ft (6 million sq.ft large-format parks and 2 million sq.ft in-city developments) on a base of 30 million sq.ft.
Annual revenue growth CAGR is projected around 30%, factoring in 5% annual contractual rent escalations plus strong re-leasing spreads (~12-15%).
Large-format park developments will double operational footprint over 4-5 years with 25 million sq.ft land bank fully paid for.
In-city portfolio, offering 2 to 3 times higher rental yields, is a key growth vector expected to contribute about 25% of revenue when fully scaled.

2 more points from Horizon Industrial's call on revenue

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Full Q1 FY27 analysis

MarginsQ1 FY27 call

Flat

See what Horizon Industrial said on margins — free account, 30 seconds.

Full Q1 FY27 analysis

CapexQ1 FY27 call

Planned

Capex requirements over the next 3 years are estimated at INR 1,500 crores to INR 2,000 crores, managed through 1/3 internal accruals and 2/3 incremental debt.
Focus on executing current pipeline: delivering 6.5 million square feet of leasing over next 9 months and growing from 30 million to 60 million square feet.
Expansion into in-city developments with about 2 million square feet planned, offering rentals 2.5x to 3x higher than big-format parks.
Additional investments in value-added services like rooftop solar (38 MW capacity underway) and worker accommodations (6,000-7,000 beds under construction).

2 more points from Horizon Industrial's call on capex

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Full Q1 FY27 analysis

FundraisingQ1 FY27 call

Planned

Horizon Industrial Parks expects capex over the next 3 years to be around INR 1,500 crores to INR 2,000 crores.
They plan to manage roughly 1/3 of this capex internally and fund 2/3 through incremental debt.
Post deleveraging, their current debt cost is about 8.2%, with expected credit rating improvement potentially lowering costs by 40-50 basis points.
The company has been materially repaying debt (around INR 3,900 crores) recently.
Blackstone has not sold any shares and remains a committed shareholder.

2 more points from Horizon Industrial's call on fundraising

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Full Q1 FY27 analysis

Order bookQ1 FY27 call

Rising

As of June 30, 2026, Horizon Industrial Parks Limited operates a 61 million square feet platform.
They have 25 million square feet of land already in place, fully paid for, with approvals and financing mostly secured, set for ongoing development.
The company typically manages annual development throughput of 5 to 6 million square feet.
They have about 2.4 million square feet of area pre-leased in current developments, representing 20-30% of new developments.
The lease term "wall" is approximately 7 years, providing steady revenue visibility.

2 more points from Horizon Industrial's call on the order book

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Full Q1 FY27 analysis

Full Realty ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Realty
on management's own guidance

SobhaGood growth
2
Strong growth
1
Man InfraGood growth
3

See all potential multibaggers Where does Horizon Industrial rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Realty companies ranked on guidance

#	Company	Revenue guided	Margin guided	Market cap	P/E
1		40%+	Flat	₹12,022 Cr	41.0
2	Sobha	20–40%	Up 2%+	₹12,032 Cr	63.0
3	Man Infra	20–40%	Up 2%+	₹4,311 Cr	19.2
4		20–40%	Up 2%+	₹1,091 Cr	11.9
5		20–40%	Flat	₹1.04L Cr	23.8
6		20–40%	Flat	₹59,882 Cr	22.6

Pro shows every company guiding 40%+ revenue growth →Full Realty ranking

Financials of Horizon Industrial

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern