ALPINE HOUSING DEVELOPMENT CORPORATION LTD (526519) - BUILDING FUTURE

Today I am expressing my views on Housing sector stock.

ALPINE HOUSING DEVELOPMENT CORPORATION LTD

Alpine Housing Development Corporation Ltd (526519) has earned a stellar reputation since 1991, for itself based on their sheer dedication to the construction of superior quality homes, which can easily be distinguished by sophisticated design and luxurious amenities. Alpine is mainly based at Bengaluru Karnataka.

Having earned the trust of several families that have made Alpine their addresses over the years, Alpine's promise and commitment continues with millions of square feet being currently under development, spurred by one single statement...

There's nothing more rewarding than being trusted for 25 years!

PROJECTS 

Completed Projects

1. Alpine ECO

At a prime location next to IT Parks along Outer Ring Road in Marathahalli, Alpine Eco consists of 650 luxury homes that are designed to offer a high calibre lifestyle. Major IT companies are also located in close proximity, including IBM, Fidelity, and JP Morgan. Within a 5 km periphery from Alpine Eco, Schools, Hospitals, Shopping Malls, and Multiplexes can all be easily accessed.

With 80% of open space, Alpine Eco is one of the Group's recently completed luxury projects. 

Location: Outer Ring Road, Marathahalli

Development Type: 2 & 3 Bed Luxury Apartments

Development Size: 7.5 Acres

Number of Units: 650 Apartments

Ongoing Projects

1. ALPINE FIESTA

Situated in the heart of Whitefield, amidst an array of Schools, Shopping Complexes, Entertainment Centres, Hospitals and Offices, Alpine Fiesta is the new standard for modern-day fun living. Designed and built with superior standards and absolutely no compromise in quality, the majority of our 2, 2+Study, and 3 BHK apartments have no-common walls. Alpine Fiesta offers world-class facilities that complement your lifestyle and make life well worth living!

Location: Hoodi Junction, Near Sai Baba Hospital, Whitefield

Development Type: 2, 2+Study & 3 Bed Apartments

Development Size: 3.5 Acres

Number of Units: 332 Apartments

2. ALPINE PYRAMID II

Alpine Pyramid is ideally located near the Hebbal Flyover, Sahakarnagar. Its convenient location, impeccable construction quality, fabulous amenities, transparency in dealings, and reasonable prices are just some of the reasons why the first phase of Alpine Pyramid was a phenomenal success. Leading from this strength, Alpine Housing is proud to present Alpine Pyramid - Phase II. A luxury development that befits your lifestyle, equipped with the same world-class amenities.

Location: Near Hebbal Flyover, Sahakarnagar

Development Type: 2 & 3 Bed Luxury Apartments

Development Size: 8 Acres

Number of Units: 418 Apartments

Just Launched

ALPINE VISTULA

Conveniently situated near Sai Baba Ashram in Whitefield, Alpine Vistula sits among a variety of respectable Schools, Hospitals, and prominent Shopping Malls. These fabulous apartments offer great value-for-money and are fully-equipped to meet all your needs. It's sprawling Clubhouse and recreational amenities include: an Amphitheatre, Health Club, Tennis Court, Swimming Pool, Kids' Pool, Cricket Pitch, Meditation Hall, Gym, Basketball Court, Squash Court, Table Tennis arena, Kids' Play Area, and is even equipped with provisions for Rainwater Harvesting Systems.

Location: Near ITPL, Whitefield

Development Type: 1, 2 & 3 Bed Residential Apartments

Number of Units: 140 Apartments

Apart from this Alpine is also in the field of Education as CSR activity of the company.

Company website : Cickhere

Company shares are trading in BSE. Promoter holding in company 73.6 %.

Company posted 4.16 Cr top line in Dec qtr.

Operating Margin 22.31 % 

Net profit is 0.31 Cr in the Dec qtr.

Book Value Rs 45.78

Stock is trading low PE 9.79  as compared to industry PE of 29.8.

Stock is trading at Rs 28.5.

Stock is trading below its Book value. As the Housing sector is started picking up and continue to grow in a rapid phase in future. The company mainly focusing on middle class family housing, as the government boost to Realty & housing sector will be a huge positive for the stock. This stock will give multiple fold returns to investors in near future.

NOTE : THE ABOVE IS NOT A RESEARCH REPORT NOR A RECOMMENDATION  BUT INFORMATION AS AVAILABLE ON PUBLIC DOMAIN. 

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”