Anant Raj Ltd
Fundamental and Technical Analysis of Anant Raj
STOCK ANALYSIS
2/9/20264 min read
About Company
Anant Raj Limited is a prominent Indian real estate developer founded in 1969 and headquartered in New Delhi. The company specializes in residential townships, commercial spaces, IT parks, data centers, hospitality projects, malls, and office complexes, mainly in the National Capital Region, such as Gurugram, Delhi, Haryana, and nearby states.
Business Segments
The company operates in several key business segments within India's real estate sector. Its main areas include residential projects such as luxury high-rises, group housing, townships, and affordable homes; commercial developments such as office complexes, IT parks, malls, and shopping centers; hospitality, including hotels and serviced apartments; and emerging areas such as data centers and warehousing.
Company's Assets and Projects
The company holds total assets worth around ₹5,235 crore, including current assets of about ₹2,662 crore and a strong land bank in the National Capital Region. The company has developed over 9.96 million square feet of properties and owns key projects, including luxury residential towers in the The Estate Residencies series, IT parks such as Pacific Business Park, commercial malls, hotels, and a 6 MW operational data center, with additional data centers and warehousing in the pipeline.
Future Plans
The company plans to greatly expand its data center business as its main future focus. The company aims to grow from its current 28 MW capacity to 63 MW by FY27 and 307 MW by FY32 across sites in Manesar, Panchkula, and Rai, backed by a $2.1 billion investment to hit USD 1 billion in revenue from this segment. It also seeks to raise ₹1,100 crore via QIP for further growth in cloud services and real estate, while continuing premium residential launches like The Estate One in Gurugram and maintaining its strong Delhi-NCR presence.
Financial Prospects of the Company
The market capitalization is 20,145 crores
The stock price is 560
The price-to-earnings (PE) ratio is 38.2
The book value (PB) is 122
The price to book value (PB x PE) is 175
The debt-to-equity ratio is 0.13
The return on equity (ROE) is 10.9%
The return on capital employed (ROCE) is 11.2%
The annual dividend yield is 0.12%
The company has the cash equivalents of 377 crores
The company's sales and profits in the last 5 years
In FY2020-21, sales were 250 crores, and profits were 9 crores.
In FY2021-22, sales were 462 crores, and profits were 53 crores.
In FY2022-23, sales were 957 crores, and profits were 149 crores.
In FY2023-24, sales were 1,483 crores, and profits were 271 crores.
In FY2024-25, sales were 2,060, crores and profits were 426 crores.
The company's sales and profit growth in the last 5 years
Over the last 5 years, sales growth were 49.5%, and profit growth were 73.9%.
Over the last 3 years, sales growth were 64.6%, and profit growth were 98.0%.
Over the last 1 year, sales growth was 22.6%, and profit growth was 36.8%.
Investors
Shareholding Patterns
Promoters holds 57.41%
FIIs holds 11.14%
DIIs holds 5.20%
Public holds 26.26%
Company's News
The company grabbed headlines this week with strong stock gains and a big partnership push into AI data centers. On February 8, 2026, its subsidiary Anant Raj Cloud teamed up with Spain's Submer Technologies to build liquid-cooled, AI-ready data centers across India. This deal, signed at the India AI Impact Summit, aims to speed up high-power computing for cloud and AI needs in places like Manesar and Panchkula.
Technical Analysis
Company Chart
Moving Average
The stock is trading near the 50-MA, which indicates that the stock is in sizeways.
The stock is trading near the 200-MA, which also indicates that the stock is in sizeways.
Relative Strength Index (RSI)
The RSI of the stock is 57, which indicates that the stock is neither in the oversold zone nor in the overbought zone.
Chart Patterns
The chart shows that the stock price is trading in a sideways pattern.
Strengths and Weaknesses of the Company
Strengths
Strong growth in data centers, expanding from 28 MW to 63 MW by FY27 and 307 MW by FY32, with high revenue targets like ₹1,200 crore.
Prime land bank and ready infrastructure in Delhi-NCR (Manesar, Panchkula, Rai) give cost and time advantages over rivals.
Diversified business with solid real estate sales, recent Q3 profit up 31% to ₹144 crore, and new AI partnerships like Submer.
Weaknesses
Heavy reliance on data center expansion success amid rising competition from big players in India's digital infra space.
High capital needs for ₹1,100 crore QIP and $2.1 billion investments could strain finances if timelines slip.
Regional focus on NCR limits diversification, exposing it to local market slowdowns in real estate demand.
Analysis
Anant Raj Ltd's stock looks promising in the near future, driven by rapid data center growth and strong quarterly profits. Analysts predict share prices could reach ₹750-₹900 by end-2026 and climb to ₹1,400-₹1,600 by 2030, fueled by expansions to 307 MW capacity, AI partnerships like Submer, and real estate demand in NCR. Recent 8% weekly gains to around ₹546 and a ₹1,100 crore fundraise support upside, though risks like high debt and competition may cause dips; overall, bullish trends point to multibagger potential if execution stays strong.