Whalesbook
Chalo, ab thoda detail mein dekhte hain. Pure FY26 ki baat karein toh revenue 21.92% badh kar ₹2,511.60 crore ho gaya, aur net profit 30.81% jump karke ₹557.02 crore pe pahuncha. Par yahan ek choti si dikkat hai - EBITDA margin thoda sa neeche aaya hai, Q4 mein 25.9% ho gaya jo pehle 26.3% tha. Yeh choti si gap hi shayad investors ko pasand nahi aayi, isliye stock 3.96% gir kar ₹538.65 pe aa gaya 11 May 2026 ko.
Ab company ka future plan kya hai? Anant Raj data centers mein badi entry maar raha hai, aur ye sahi time hai kyunki India ka data center market 2026 mein 5.45 GW se badh kar 2031 tak 15 GW hone wala hai. Company ka target hai FY32 tak 357 MW IT load capacity banana aur Andhra Pradesh mein 50 MW ke liye bhi MoU hai. Aur mazaa ye hai ki inka brownfield conversion cost ₹29–34 crore per MW hai, jo industry ke ₹50 crore/MW se kaafi kam hai. Company ka market cap ab ₹20,183 crore hai aur P/E ratio 38-45 ke aas paas hai, jo sector ke average 94.75 se kaafi attractive lag raha hai.
Lekin bhai, sab kuch itna hi smooth nahi hai. Investors ko thoda doubt hai margins ko lekar, kyunki thoda compression dikh raha hai. Aur ye 357 MW data center capacity ka bada target poora karne ke liye paisa kahan se aayega, funding kaise hogi, ye bhi sawal hai. Real estate aur data center dono jagah competition bhi badh raha hai. Plus, real estate projects ka jo bada pipeline hai, usmein approvals aur execution mein bhi challenges aa sakte hain. Toh ab market dekhega ki company kitni achhi tarah se ye sab manage kar paati hai.