Anant Raj Ltd

Anant Raj Ltd

₹ 721 2.76%
04 Oct - close price
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

Business Segments

  • Market Cap 24,652 Cr.
  • Current Price 721
  • High / Low 749 / 220
  • Stock P/E 168
  • Book Value 99.6
  • Dividend Yield 0.10 %
  • ROCE 4.75 %
  • ROE 4.22 %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 32.0% CAGR over last 5 years

Cons

  • Stock is trading at 7.24 times its book value
  • Company has a low return on equity of 3.52% over last 3 years.
  • Earnings include an other income of Rs.100 Cr.
  • Debtor days have increased from 30.7 to 44.9 days.
  • Promoter holding has decreased over last 3 years: -5.04%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Realty Industry: Construction

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
63 81 95 114 143 173 192 141 172 184 208 235 266
52 64 73 108 112 141 154 133 146 153 175 224 223
Operating Profit 11 16 22 6 30 32 38 8 27 31 33 11 43
OPM % 17% 20% 23% 6% 21% 18% 20% 5% 15% 17% 16% 5% 16%
10 6 6 27 8 12 14 35 16 18 21 43 18
Interest 4 5 4 7 7 4 4 6 4 5 5 4 1
Depreciation 4 4 4 4 3 4 4 4 4 4 4 4 4
Profit before tax 13 14 20 22 28 37 44 32 35 40 46 46 57
Tax % 32% 21% 42% -9% 25% 30% 27% 15% 26% 29% 23% 12% 26%
9 11 12 25 21 26 32 28 26 28 35 41 42
EPS in Rs 0.29 0.37 0.40 0.83 0.71 0.79 0.99 0.86 0.80 0.87 1.08 1.19 1.24
Raw PDF
Upcoming result date: 28 October 2024

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
520 438 430 396 429 440 328 408 256 353 649 799 893
371 310 211 279 308 343 261 351 206 297 541 698 775
Operating Profit 149 128 219 118 121 96 67 57 51 56 108 101 118
OPM % 29% 29% 51% 30% 28% 22% 20% 14% 20% 16% 17% 13% 13%
14 10 7 17 20 16 11 9 19 49 69 98 100
Interest 16 19 49 35 43 33 19 10 24 21 22 18 15
Depreciation 10 11 21 20 20 19 17 16 15 15 14 15 14
Profit before tax 137 108 156 79 77 61 42 40 30 69 141 166 188
Tax % 27% 18% 20% 28% 22% 30% 22% 32% 34% 19% 24% 22%
100 88 125 57 60 43 32 27 20 56 107 130 146
EPS in Rs 3.38 2.99 4.24 1.95 2.04 1.45 1.10 0.93 0.68 1.89 3.29 3.80 4.38
Dividend Payout % 0% 8% 6% 12% 12% 17% 22% 9% 15% 6% 15% 19%
Compounded Sales Growth
10 Years: 6%
5 Years: 19%
3 Years: 46%
TTM: 32%
Compounded Profit Growth
10 Years: 4%
5 Years: 32%
3 Years: 86%
TTM: 31%
Stock Price CAGR
10 Years: 37%
5 Years: 114%
3 Years: 110%
1 Year: 208%
Return on Equity
10 Years: 2%
5 Years: 3%
3 Years: 4%
Last Year: 4%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 59 59 59 59 59 59 59 59 59 59 65 68
Reserves 3,781 3,861 3,976 3,957 4,069 4,085 2,401 2,386 2,409 2,552 2,697 3,336
1,389 1,267 1,244 1,385 1,619 2,264 1,584 1,598 1,614 1,229 1,021 589
243 396 376 406 479 551 401 332 276 289 315 286
Total Liabilities 5,472 5,584 5,655 5,807 6,227 6,960 4,445 4,375 4,358 4,130 4,097 4,279
1,446 1,941 1,953 300 2,020 2,007 1,185 1,170 1,157 1,144 1,134 1,121
CWIP 498 36 158 158 133 180 143 136 86 41 3 20
Investments 324 395 498 2,300 582 811 290 290 290 340 376 324
3,204 3,213 3,046 3,049 3,492 3,962 2,826 2,778 2,824 2,605 2,585 2,814
Total Assets 5,472 5,584 5,655 5,807 6,227 6,960 4,445 4,375 4,358 4,130 4,097 4,279

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-110 380 382 -12 -246 -280 1,027 0 -237 427 34 -16
-11 -97 -260 -120 -7 -239 1,386 19 52 23 -32 87
58 -302 -81 93 264 529 -2,416 -41 185 -443 15 106
Net Cash Flow -64 -20 41 -40 11 11 -4 -22 -0 7 17 176

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 63 59 79 88 91 84 68 73 76 22 26 45
Inventory Days
Days Payable
Cash Conversion Cycle 63 59 79 88 91 84 68 73 76 22 26 45
Working Capital Days 830 1,033 1,031 989 1,162 1,386 1,846 1,321 2,681 1,488 964 762
ROCE % 3% 2% 4% 3% 2% 2% 1% 1% 1% 2% 4% 5%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
65.04% 65.04% 64.99% 65.11% 63.03% 63.03% 63.21% 63.21% 63.31% 63.30% 60.01% 60.01%
8.28% 7.90% 6.35% 4.65% 8.32% 9.12% 10.73% 10.64% 9.51% 8.96% 11.52% 13.10%
0.02% 0.07% 0.07% 0.07% 0.08% 0.08% 0.09% 0.56% 1.66% 1.60% 3.63% 6.51%
26.66% 26.99% 28.59% 30.18% 28.57% 27.76% 25.97% 25.57% 25.53% 26.14% 24.83% 20.36%
No. of Shareholders 41,86357,63354,99855,81053,03252,49248,46546,58050,95657,85863,83274,161

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls