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 ₹ 15,530 Cr.
- Current Price ₹ 452
- High / Low ₹ 948 / 319
- Stock P/E 36.5
- Book Value ₹ 121
- Dividend Yield 0.16 %
- ROCE 11.2 %
- ROE 10.9 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is expected to give good quarter
- Company has delivered good profit growth of 77.0% CAGR over last 5 years
Cons
- Stock is trading at 3.73 times its book value
- Tax rate seems low
- Company has a low return on equity of 8.45% over last 3 years.
- 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 Nifty 500 BSE Allcap BSE Realty Nifty Realty BSE SmallCap
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
483 | 484 | 431 | 466 | 480 | 350 | 276 | 250 | 462 | 957 | 1,483 | 2,060 | |
342 | 233 | 295 | 325 | 370 | 274 | 224 | 214 | 386 | 760 | 1,149 | 1,568 | |
Operating Profit | 141 | 251 | 137 | 141 | 110 | 75 | 52 | 35 | 76 | 197 | 334 | 492 |
OPM % | 29% | 52% | 32% | 30% | 23% | 22% | 19% | 14% | 16% | 21% | 23% | 24% |
18 | 8 | 24 | 29 | 49 | 15 | 10 | 20 | 39 | 48 | 37 | 40 | |
Interest | 19 | 55 | 46 | 54 | 55 | 28 | 15 | 31 | 27 | 32 | 35 | 11 |
Depreciation | 15 | 28 | 27 | 27 | 26 | 22 | 18 | 17 | 17 | 17 | 18 | 30 |
Profit before tax | 125 | 175 | 87 | 88 | 79 | 40 | 29 | 8 | 72 | 197 | 319 | 491 |
Tax % | 17% | 19% | 27% | 24% | 23% | 27% | 42% | 97% | 32% | 27% | 17% | 14% |
100 | 142 | 70 | 76 | 66 | 40 | 24 | 9 | 53 | 149 | 271 | 426 | |
EPS in Rs | 3.40 | 4.82 | 2.35 | 2.61 | 2.29 | 1.45 | 0.91 | 0.36 | 1.86 | 4.73 | 7.63 | 12.40 |
Dividend Payout % | 7% | 5% | 10% | 9% | 10% | 17% | 9% | 28% | 6% | 11% | 10% | 6% |
Compounded Sales Growth | |
---|---|
10 Years: | 16% |
5 Years: | 49% |
3 Years: | 65% |
TTM: | 39% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 77% |
3 Years: | 100% |
TTM: | 63% |
Stock Price CAGR | |
---|---|
10 Years: | 36% |
5 Years: | 117% |
3 Years: | 93% |
1 Year: | 25% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 6% |
3 Years: | 8% |
Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 3,944 | 4,075 | 4,058 | 4,187 | 4,128 | 2,442 | 2,426 | 2,440 | 2,580 | 2,760 | 3,588 | 4,092 |
1,384 | 1,356 | 1,489 | 1,721 | 2,600 | 1,591 | 1,691 | 1,663 | 1,283 | 1,079 | 627 | 482 | |
760 | 601 | 643 | 726 | 686 | 509 | 412 | 448 | 463 | 452 | 585 | 592 | |
Total Liabilities | 6,147 | 6,091 | 6,249 | 6,692 | 7,473 | 4,602 | 4,588 | 4,611 | 4,385 | 4,357 | 4,868 | 5,235 |
2,680 | 2,555 | 380 | 2,627 | 2,789 | 1,351 | 1,342 | 1,326 | 1,310 | 1,305 | 1,314 | 1,367 | |
CWIP | 61 | 169 | 169 | 145 | 192 | 146 | 140 | 90 | 48 | 18 | 22 | 36 |
Investments | 550 | 663 | 2,876 | 649 | 594 | 402 | 461 | 423 | 460 | 460 | 302 | 311 |
2,856 | 2,704 | 2,824 | 3,272 | 3,899 | 2,703 | 2,645 | 2,772 | 2,567 | 2,573 | 3,231 | 3,520 | |
Total Assets | 6,147 | 6,091 | 6,249 | 6,692 | 7,473 | 4,602 | 4,588 | 4,611 | 4,385 | 4,357 | 4,868 | 5,235 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
339 | 249 | -73 | -127 | -305 | 810 | -84 | -150 | 423 | 33 | -26 | 97 | |
-87 | -123 | -50 | -33 | -229 | 1,707 | -5 | 85 | 31 | -20 | 181 | -72 | |
-267 | -82 | 109 | 193 | 675 | -2,679 | 43 | 83 | -461 | 2 | 116 | 1 | |
Net Cash Flow | -15 | 43 | -14 | 33 | 141 | -162 | -46 | 18 | -7 | 15 | 271 | 25 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 55 | 71 | 82 | 87 | 80 | 65 | 95 | 64 | 17 | 20 | 25 | 22 |
Inventory Days | 283 | |||||||||||
Days Payable | 5 | |||||||||||
Cash Conversion Cycle | 55 | 71 | 82 | 87 | 80 | 65 | 95 | 64 | 17 | 20 | 25 | 301 |
Working Capital Days | 789 | 884 | 833 | 993 | 1,212 | 1,680 | 2,125 | 2,767 | 1,245 | 737 | 520 | 337 |
ROCE % | 3% | 4% | 3% | 2% | 2% | 1% | 1% | 1% | 2% | 6% | 9% | 11% |
Documents
Announcements
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Announcement Under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2d - Scheduled analyst and investor meetings on May 6-7, 2025, in person; no price sensitive info to be shared.
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Intimation For Receipt Of Approval For Reclassification Of Shareholding From Promoter And Promoter Group Category To Public Category
25 Apr - Approval received for reclassification of two promoters to public category by BSE and NSE.
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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
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Apr 2025TranscriptNotesPPT
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Feb 2025TranscriptNotesPPT
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Nov 2024Transcript PPT
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Jul 2024TranscriptNotesPPT
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Apr 2024Transcript PPT REC
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Feb 2024TranscriptNotesPPT
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Dec 2023TranscriptNotesPPT
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Oct 2023Transcript PPT
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Oct 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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May 2023Transcript PPT
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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]