According to reports from The Financial Express, ace investor Radhakishan Damani acquired a 1.16% stake in Horizon Industrial Parks through a ₹1,650 crore private placement completed in December 2025, months before the public issue. The company listed on August 24, 2026 at ₹57-60 per share and closed at ₹58.8 on August 26, valuing the company at ₹16,393 crore. Damani's current holding is worth approximately ₹187 crore against an issue price of ₹60, making it underwater at the current market price. The register shows 360 One's two real assets funds at 1.99% and 1.31%, and SBI Life Insurance at 1.45%, totaling 5.91% of the company between them. The company's reserves increased from ₹472 crore in March 2025 to ₹3,215 crore in March 2026, demonstrating the impact of Damani's pre-listing investment.
As reported by The Financial Express, Horizon Industrial Parks demonstrated strong revenue growth with sales increasing from ₹151 crore in FY23 to ₹691 crore in FY26, representing a 66% compound annual growth rate. However, the company continues to report losses with net profit declining from -₹151 crore in FY23 to -₹204 crore in FY26. The company's operating margin improved to 77% in FY26 from 59% in FY24, while interest costs of ₹539 crore in FY26 consumed the entire operating profit plus other income of ₹607 crore. The borrowings of ₹6,904 crore against a net worth of ₹5,665 crore highlight the company's debt-heavy structure, with the ₹2,600 crore fresh issue primarily earmarked for debt repayment.
According to The Financial Express, Sundaram Finance reported its best quarterly performance in three years with revenue of ₹2,644 crore (up 13%) and net profit of ₹636 crore (up 34%) in the June 2026 quarter. The company has demonstrated consistent growth with financing profit increasing from ₹1,398 crore in FY21 to ₹2,980 crore in FY26, representing a 16% compound annual growth rate. The stock has traded between a 52-week high of ₹5,642 and low of ₹4,000, closing at ₹4,540 on August 26, 2026. Sundaram Finance currently trades at a PE of 22x compared to the industry median of 19x, with the stock showing a 12% compounded return over five years despite recent de-rating pressures.
As reported by The Financial Express, Horizon Industrial Parks trades at approximately 2.8 times its March 2026 net worth with a return on capital employed of 3.2%. The company has borrowings of ₹6,904 crore against a net worth of ₹5,665 crore, with the ₹2,600 crore fresh issue primarily earmarked for debt repayment. Sundaram Finance currently trades at a PE of 22x compared to the industry median of 19x, with the stock showing a 12% compounded return over five years despite recent de-rating pressures. The company's borrowings have compounded at about 14% a year over five years to ₹69,636 crore, reflecting typical growth costs for a lender.
