Anant Raj Ltd
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]
- Market Cap ₹ 15,742 Cr.
- Current Price ₹ 459
- High / Low ₹ 948 / 319
- Stock P/E 71.8
- Book Value ₹ 108
- Dividend Yield 0.16 %
- ROCE 6.71 %
- ROE 6.17 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is expected to give good quarter
- Company has delivered good profit growth of 51.6% CAGR over last 5 years
Cons
- Stock is trading at 4.25 times its book value
- Company has a low return on equity of 4.89% over last 3 years.
- Earnings include an other income of Rs.73.2 Cr.
- Promoter holding has decreased over last 3 years: -4.83%
* 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
Part of BSE Allcap BSE Consumer Discretionary BSE 250 SmallCap Index BSE 400 MidSmallCap Index Nifty MidSmallcap 400
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
438 | 430 | 396 | 429 | 440 | 328 | 408 | 256 | 353 | 649 | 799 | 1,229 | |
310 | 211 | 279 | 308 | 343 | 261 | 351 | 206 | 297 | 541 | 698 | 1,015 | |
Operating Profit | 128 | 219 | 118 | 121 | 96 | 67 | 57 | 51 | 56 | 108 | 101 | 214 |
OPM % | 29% | 51% | 30% | 28% | 22% | 20% | 14% | 20% | 16% | 17% | 13% | 17% |
10 | 7 | 17 | 20 | 16 | 11 | 9 | 19 | 49 | 69 | 98 | 73 | |
Interest | 19 | 49 | 35 | 43 | 33 | 19 | 10 | 24 | 21 | 22 | 18 | 4 |
Depreciation | 11 | 21 | 20 | 20 | 19 | 17 | 16 | 15 | 15 | 14 | 15 | 15 |
Profit before tax | 108 | 156 | 79 | 77 | 61 | 42 | 40 | 30 | 69 | 141 | 166 | 268 |
Tax % | 18% | 20% | 28% | 22% | 30% | 22% | 32% | 34% | 19% | 24% | 22% | 18% |
88 | 125 | 57 | 60 | 43 | 32 | 27 | 20 | 56 | 107 | 130 | 219 | |
EPS in Rs | 2.99 | 4.24 | 1.95 | 2.04 | 1.45 | 1.10 | 0.93 | 0.68 | 1.89 | 3.29 | 3.80 | 6.38 |
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: | 54% |
Compounded Profit Growth | |
---|---|
10 Years: | 6% |
5 Years: | 52% |
3 Years: | 58% |
TTM: | 69% |
Stock Price CAGR | |
---|---|
10 Years: | 36% |
5 Years: | 118% |
3 Years: | 95% |
1 Year: | 26% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 4% |
3 Years: | 5% |
Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 65 | 68 | 69 |
Reserves | 3,861 | 3,976 | 3,957 | 4,069 | 4,085 | 2,401 | 2,386 | 2,409 | 2,552 | 2,697 | 3,336 | 3,634 |
1,267 | 1,244 | 1,385 | 1,619 | 2,264 | 1,584 | 1,598 | 1,614 | 1,229 | 1,021 | 589 | 421 | |
396 | 376 | 406 | 479 | 551 | 401 | 332 | 276 | 289 | 315 | 286 | 224 | |
Total Liabilities | 5,584 | 5,655 | 5,807 | 6,227 | 6,960 | 4,445 | 4,375 | 4,358 | 4,130 | 4,097 | 4,279 | 4,346 |
1,941 | 1,953 | 300 | 2,020 | 2,007 | 1,185 | 1,170 | 1,157 | 1,144 | 1,134 | 1,121 | 1,124 | |
CWIP | 36 | 158 | 158 | 133 | 180 | 143 | 136 | 86 | 41 | 3 | 20 | 24 |
Investments | 395 | 498 | 2,300 | 582 | 811 | 290 | 290 | 290 | 340 | 376 | 324 | 365 |
3,213 | 3,046 | 3,049 | 3,492 | 3,962 | 2,826 | 2,778 | 2,824 | 2,605 | 2,585 | 2,814 | 2,833 | |
Total Assets | 5,584 | 5,655 | 5,807 | 6,227 | 6,960 | 4,445 | 4,375 | 4,358 | 4,130 | 4,097 | 4,279 | 4,346 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
380 | 382 | -12 | -246 | -280 | 1,027 | 0 | -237 | 427 | 34 | -16 | 100 | |
-97 | -260 | -120 | -7 | -239 | 1,386 | 19 | 52 | 23 | -32 | 87 | -29 | |
-302 | -81 | 93 | 264 | 529 | -2,416 | -41 | 185 | -443 | 15 | 106 | -22 | |
Net Cash Flow | -20 | 41 | -40 | 11 | 11 | -4 | -22 | -0 | 7 | 17 | 176 | 49 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 59 | 79 | 88 | 91 | 84 | 68 | 73 | 76 | 22 | 26 | 45 | 35 |
Inventory Days | 272 | |||||||||||
Days Payable | 2 | |||||||||||
Cash Conversion Cycle | 59 | 79 | 88 | 91 | 84 | 68 | 73 | 76 | 22 | 26 | 45 | 305 |
Working Capital Days | 1,033 | 1,031 | 989 | 1,162 | 1,386 | 1,846 | 1,321 | 2,681 | 1,488 | 964 | 762 | 413 |
ROCE % | 2% | 4% | 3% | 2% | 2% | 1% | 1% | 1% | 2% | 4% | 5% | 7% |
Documents
Announcements
-
Intimation For Receipt Of Approval For Reclassification Of Shareholding From Promoter And Promoter Group Category To Public Category
8h - Approval received for reclassification of two promoters to public category by BSE and NSE.
-
Announcement under Regulation 30 (LODR)-Investor Presentation
22 Apr - Anant Raj's Q4 FY25 investor presentation details projects, timelines, and ₹22,000 Cr revenue potential.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 22 Apr
- Corporate Action-Board approves Dividend 21 Apr
-
Board Meeting Outcome for Audited Financial Results And Recommendation Of A Final Dividend
21 Apr - Anant Raj reports FY25 audited results; final dividend 36.5% recommended; revenue Rs 2059.97 Cr, profit Rs 425.82 Cr.
Annual reports
-
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
-
Financial Year 2011
from bse
Concalls
-
Apr 2025TranscriptNotesPPT
-
Feb 2025TranscriptNotesPPT
-
Nov 2024Transcript PPT
-
Jul 2024TranscriptNotesPPT
-
Apr 2024Transcript PPT REC
-
Feb 2024TranscriptNotesPPT
-
Dec 2023TranscriptNotesPPT
-
Oct 2023Transcript PPT
-
Oct 2023TranscriptNotesPPT
-
Aug 2023TranscriptNotesPPT
-
May 2023Transcript PPT
-
Apr 2023TranscriptNotesPPT
Project Portfolio
The 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]