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Anant Raj Ltd

₹ 552-0.08%
16 Jan – close price
🔗anantrajlimited.comâ€ĸBSE: 515055â€ĸNSE: ANANTRAJ
Market Cap₹ 19,817 Cr.
Current Price₹ 552
High / Low₹ 929
Stock P/E74.1
Book Value₹ 111
Dividend Yield0.13 %
ROCE6.71 %
ROE6.17 %
Face Value₹ 2.00
Sales₹ 1,388 Cr.
OPM19.3 %
Mar Cap₹ 19,817 Cr.

ABOUT

Anant Raj Ltd was incorporated in 1985 as Anant Raj Clay Products by Ashok Sarin. It is primarily engaged in the development and construction of IT parks, hospitality projects, SEZs, office complexes, shopping malls and residential projects in the State of Delhi, Haryana, Andhra Pradesh, Rajasthan and NCR.The Company has successfully developed more than 20 msf of real estate projects in the Housing, Commercial, IT Parks, Shopping Malls, Hospitality, Residential and Affordable Housing sub-segments.[1][2]

KEY POINTS

Project PortfolioThe company operates in the Real Estate Development, Construction, and Infrastructure sectors having a portfolio spanning residential townships, group housing, IT parks, hotels, commercial complexes, malls, service apartments, warehousing, and data centers. It has developed 9.96 Mn square feet (MSF) of real estate, including residential, commercial, and IT parks, and has a 6 MW operational data center capacity.[1][2]

Also present in buckets:
Excellent ResultsRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsPreferential IssuanceJv Partnerships AcquisitionsCredit Rating Updates

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.DLF649.8541.74161117.980.921180.09-27.081643.04-16.816.519016.0322.473859.741007.103.747.300.04
2.Lodha Developers1070.9032.13106979.560.40789.8086.503798.5044.6715.6215597.5029.613329.50788.705.035.700.45
3.Phoenix Mills1859.0062.1766509.560.13384.0939.381115.4321.5110.754059.8957.731069.86303.996.166.110.46
4.Prestige Estates1523.2085.8465711.760.12457.40123.882431.705.527.667921.9036.60765.50430.304.151.150.92
5.Oberoi Realty1664.5027.1260560.170.48760.2628.981779.0434.7917.735327.8156.592233.06760.263.6210.230.18
6.Godrej Propert.1889.0036.7156890.280.00402.9920.84740.38-32.286.574265.55-18.341549.83405.083.112.670.89
7.Brigade Enterpr.837.3025.7320468.190.30170.2836.581383.3729.0313.345588.8426.50795.44162.503.163.390.83
8.Anant Raj551.5574.1119816.710.1374.2139.00370.6224.556.711388.1019.28267.4074.214.965.080.11
–Median: 94 Co.171.5233.22829.630.04.65.5847.489.847.61174.3216.5211.743.852.812.390.44

Quarterly Results

Standalone figures in ₹ crores

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales
173192141172184208235266298328337352371
Expenses
141154133146153175224223247273273283292
Operating Profit
3238827313311435155656979
Other Income
12143516182143181819181917
Profit before tax
37443235404646576569788391
Tax %
30%27%15%26%29%23%12%26%17%15%16%16%18%
Net Profit
26322826283541425358657074
EPS in Rs
0.790.990.860.800.871.081.191.241.561.711.902.032.16

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
4384303964294403284082563536497991,2291,388
Expenses
3102112793083432613512062975416981,0151,120
Operating Profit
1282191181219667575156108101214268
Other Income
107172016119194969987373
Interest
194935433319102421221845
Depreciation
11212020191716151514151515
Profit before tax
10815679776142403069141166268320
Net Profit
8812557604332272056107130219267
EPS in Rs
2.994.241.952.041.451.100.930.681.893.293.806.387.80
Dividend Payout %
8%6%12%12%17%22%9%15%6%15%19%11%–

Compounded Sales Growth

10 Years:11%
5 Years:25%
3 Years:52%
TTM:38%

Compounded Profit Growth

10 Years:6%
5 Years:52%
3 Years:58%
TTM:56%

Stock Price CAGR

10 Years:39%
5 Years:74%
3 Years:66%
1 Year:-38%

Return on Equity

10 Years:2%
5 Years:4%
3 Years:5%
Last Year:6%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
59595959595959595965686969
Reserves
3,8613,9763,9574,0694,0852,4012,3862,4092,5522,6973,3363,6343,752
Borrowings
1,2671,2441,3851,6192,2641,5841,5981,6141,2291,021589421433
Other Liabilities
396376406479551401332276289315286224236
Total Liabilities
5,5845,6555,8076,2276,9604,4454,3754,3584,1304,0974,2794,3464,490
Fixed Assets
1,9411,9533002,0202,0071,1851,1701,1571,1441,1341,1211,1241,130
Gross Block
2,021.482,049.62353.392,156.662,159.781,334.361,334.101,335.731,336.461,338.621,339.481,356.40–
Accumulated Depreciation
80.3196.6753.51136.73153.16148.90163.62178.31192.63204.75218.66232.73–
CWIP
3615815813318014313686413202429
Investments
3954982,300582811290290290340376324365418
Other Assets
3,2133,0463,0493,4923,9622,8262,7782,8242,6052,5852,8142,8332,913
Total Assets
5,5845,6555,8076,2276,9604,4454,3754,3584,1304,0974,2794,3464,490

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
380382-12-246-2801,0270-23742734-16100
Cash from Investing Activity
-97-260-120-7-2391,386195223-3287-29
Cash from Financing Activity
-302-8193264529-2,416-41185-44315106-22
Net Cash Flow
-2041-401111-4-22-071717649

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
597988918468737622264535
Inventory Days
––––––––––––
Days Payable
––––––––––––
Cash Conversion Cycle
597988918468737622264535
Working Capital Days
9019068531,0361,2781,6731,2062,5701,425857697393
ROCE %
2%4%3%2%2%1%1%1%2%4%5%7%

Shareholding Pattern

Numbers in percentages

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Oct 2025Dec 2025
Promoters
63.21%63.21%63.31%63.30%60.01%60.01%60.01%60.01%60.16%60.12%60.12%57.35%57.41%
FIIs
10.73%10.64%9.51%8.96%11.52%13.10%13.04%13.07%12.88%10.62%10.72%13.68%11.14%
DIIs
0.09%0.56%1.66%1.60%3.63%6.51%6.69%6.71%6.57%6.22%5.82%5.93%5.20%
Public
25.97%25.57%25.53%26.14%24.83%20.36%20.26%20.21%20.38%23.04%23.32%23.03%26.26%

* The classifications might have changed from Sep'2022 onwards.ℹī¸

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Anant Raj Limited Announces Trading Window Closure for Financial Results

31st March 2026, 10:48 pm

Anant Raj Limited to Hold Investor Meeting on March 9, 2026

3rd March 2026, 5:30 pm

Anant Raj Limited Announces Investor Meetings in March 2026

28th February 2026, 5:49 pm

Anant Raj Limited Discloses Meeting with Finnish Delegation on Feb 20, 2026

16th February 2026, 9:36 pm

Anant Raj Limited Announces Analyst/Investor Meeting with PhillipCapital India

12th February 2026, 11:43 pm

Published by Other Websites

External media mentions & references

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1st April 2026, 10:25 am

Realty Stocks Jump as Oil Prices Fall, Inflation Fears Persist

25th March 2026, 11:10 am

Realty Stocks Plunge on Geopolitical Fears, Valuation Woes

23rd March 2026, 2:05 pm

India Realty Index Hits 52-Week Low on Inflation Fears, Long-Term Strength Seen

16th March 2026, 12:25 pm

E2E Networks Launches QIP; Floor Price Set at ₹2,630.60 Amid Nvidia Clarity

26th February 2026, 12:54 am

News Articles

Editorial & research coverage

India Budget 2026: Tech, Infra Lead, Markets React Negatively
India Budget 2026: Tech, Infra Lead, Markets React Negatively

2nd February 2026, 1:01 pm

Anant Raj Profit Surges 31% on Strong Real Estate Demand
Anant Raj Profit Surges 31% on Strong Real Estate Demand

21st January 2026, 9:17 pm

Realty Stocks Rebound on Strong Sales, But IT Layoffs Loom
Realty Stocks Rebound on Strong Sales, But IT Layoffs Loom

16th January 2026, 4:04 pm

Realty Stocks Tumble as Developers Miss FY26 Sales Targets
Realty Stocks Tumble as Developers Miss FY26 Sales Targets

12th January 2026, 8:35 pm

Real Estate Stocks Surge 6% in a Month as Demand Outlook Improves
Real Estate Stocks Surge 6% in a Month as Demand Outlook Improves

8th January 2026, 10:13 am

Documents

Announcements

Announcement under Regulation 30 (LODR)-Credit Rating

1d - Infomerics upgraded Anant Raj long-term to IVR A- and short-term to IVR A2+ for Rs351 crore on Jan 14, 2026.

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window
Board Meeting Intimation for Financial Results

31 Dec - Board meeting Jan 21, 2026 to approve unaudited Q3/9M results (Dec 31, 2025); trading window closed Jan 1.

Report On Action Taken Under The Special Window For Re-Lodgement Of Transfer Requests For The Month Of November, 2025

18 Dec - No share re-lodgement requests processed in November 2025 under SEBI special window.

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Financial Year 2017

(from bse)

Financial Year 2016

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from bse)

Financial Year 2013

(from nse)

Financial Year 2012

(from bse)

Credit Ratings

Rating update

2d from infomerics

Rating update

23 Sep 2025 from crisil

Rating update

16 Oct 2024 from infomerics

Rating update

1 Jul 2024 from crisil

Rating update

18 Aug 2023 from infomerics

Rating update

7 Sep 2022 from smera

Concalls

Nov 2025

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Jul 2025

PPTRecording

Apr 2025

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Feb 2025

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Nov 2024

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Apr 2024

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Feb 2024

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Dec 2023

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Oct 2023

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Oct 2023

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Aug 2023

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May 2023

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Stock Analysis

Description

Anant Raj Ltd is a real estate development company engaged in the development of IT parks, hospitality projects, SEZs, office complexes, shopping malls, and residential projects across Delhi, Haryana, Andhra Pradesh, Rajasthan, and NCR. The company has developed over 20 million square feet of real estate and is also expanding into data centers.

Key Growth Triggers

  1. Expansion in Data Center Business: Operationalizing significant IT load capacity and ambitious targets for future expansion.
  2. Real Estate Development: Focus on luxury residential projects and commercial complexes in prime NCR locations.
  3. Qualified Institutions Placement (QIP): Successful completion of a ₹1,100 Cr QIP to fund growth initiatives, particularly in data centers and real estate.
  4. Achieving Net Cash Positive Status: Strengthening the balance sheet and improving financial flexibility.

Order Book

Currently no data available for Order Book.

Key Red Flags

  1. Stock trading at a premium to book value (5.09 times).
  2. Historically, the company has shown fluctuations in Return on Equity (ROE), though recent trends indicate improvement.

Key Dates To Watch

  1. January 21, 2026: Board meeting to approve unaudited financial results for Q3 and nine months ended December 31, 2025.

Corporate Announcements

31st Mar 26
Impact Rating: 6
Anant Raj Limited has announced the closure of its trading window starting April 1, 2026. This restriction will remain in effect for 48 hours after the company declares its Audited Financial Results for the quarter and year ending March 31, 2026.
3rd Mar 26
Impact Rating: 5
Anant Raj Limited has scheduled an investor meeting on March 9, 2026, in Mumbai for analysts and institutional investors, organized by JM Financial. The company stated no unpublished price sensitive information will be discussed.
28th Feb 26
Impact Rating: 6
Anant Raj Limited will participate in investor engagement events in March 2026, attending the Investec Promoter & Founder Conference in Mumbai on March 9 and the UBS Emerging India Mid-caps Corporate Day in Singapore on March 11.
16th Feb 26
Impact Rating: 2
Anant Raj Limited informed stock exchanges about an upcoming in-person meeting with a Finnish delegation on February 20, 2026, stating no unpublished price-sensitive information will be discussed.
12th Feb 26
Impact Rating: 1
Anant Raj Limited will hold an in-person meeting with an analyst/institutional investor organized by PhillipCapital India on February 17, 2026.