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Anant Raj Ltd.

ANANTRAJConsumer Discretionary filings

We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.

Earnings calls

5 transcript(s)/analyst meet(s) served; 2 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 5 documents here); elsewhere sentences render unattributed.

KindDatePeriodServedAttribution rate
TRANSCRIPT202305042023-03-31yes
TRANSCRIPT202310312023-09-30yes
TRANSCRIPT202404292024-03-31yes
TRANSCRIPT202411062024-09-30yes
DUPLICATE202411062024-09-30no
TRANSCRIPT202511192025-09-30yes
DUPLICATE202511192025-09-30no

ANANTRAJ

files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.

Identity

Statement divisiongeneral
Scope servedconsolidated
Panels on this page4

Market

No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.

Last close624.10
52-week range405.7 – 735.6
Return 1M1.79%
Return 3M19.43%
Return 1Y-7.83%
Return 3Y190.82%
Return 5Y778.4%
Market capitalisationnot shown — we could not confirm it
Shares outstandingnot shown — we could not confirm it
P/Enot shown — we could not confirm it
P/Bnot shown — we could not confirm it
EV/EBITDAnot shown — we could not confirm it

Latest quarter filed — period ending 2026-06-30

In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.

Revenue from operations631.00
Other income19.00
Total income651.00
Cost of materials consumed421.00
Purchases of stock-in-trade0.00
Changes in inventories0.00
Employee benefit expense11.00
Finance costs1.00

Ownership — 2026-06-30, and the change from 2026-03-31

HolderPer centChange
promoter and promoter group0.570.00
institutions foreign0.11-0.00
institutions domestic0.05-0.00
mutual funds0.03-0.00
public0.43-0.00

Documents on file

ClassMost recentOn file
DUPLICATE2025-09-302
TRANSCRIPT2025-09-305

Financial statements

Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.

Quarterly results, as filed

Line2022-09-302022-12-312023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Revenue from operations252.00266.00280.00316.00332.00392.00443.00472.00513.00535.00541.00592.00631.00642.00647.00631.00
Other income14.0014.0010.0010.009.009.0011.0010.0011.009.0010.0010.0010.0019.0029.0019.00
Total income266.00280.00290.00326.00341.00401.00453.00482.00524.00544.00551.00602.00641.00660.00675.00651.00
Cost of materials consumed201.00203.00190.00241.00239.00288.00312.00350.00377.00378.00377.00424.00439.00444.00448.00421.00
Purchases of stock-in-trade0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Changes in inventories0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Employee benefit expense4.003.004.005.005.004.005.005.005.005.007.006.009.0010.0011.0011.00
Finance costs7.006.0010.007.008.008.0011.004.002.003.003.002.003.003.004.001.00
Depreciation and amortisation4.004.004.004.004.005.005.005.008.008.009.008.0011.0013.0017.0016.00
Other expenses8.006.0012.0011.009.0010.0020.0014.0018.0018.0014.0012.0015.0018.0021.0017.00
Total expenses224.00224.00221.00268.00265.00315.00354.00378.00410.00412.00410.00452.00476.00489.00500.00465.00
Profit before exceptional items and tax42.0057.0069.0057.0076.0086.0099.00104.00114.00132.00141.00150.00164.00172.00175.00185.00
Exceptional items0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax42.0057.0069.0057.0076.0086.0099.00104.00114.00132.00141.00150.00164.00172.00175.00185.00
Current tax10.0011.0014.006.0014.0015.005.0010.0017.0026.0027.0028.0034.0035.0022.0037.00
Deferred tax-0.001.009.003.004.002.006.004.00-8.00-3.00-4.00-2.00-6.00-5.003.002.00
Tax expense9.0012.0022.009.0017.0017.0011.0014.0010.0022.0023.0026.0028.0030.0025.0039.00
Profit for the period34.0045.0048.0050.0060.0071.0084.0091.00106.00110.00119.00126.00138.00144.00149.00149.00
Profit attributable to owners34.0046.0049.0051.0060.0072.0078.0091.00106.00110.00119.00126.00138.00144.00147.00150.00
Profit attributable to non-controlling interests0.00-0.00-1.00-1.000.00-40.006.000.000.000.000.000.000.00-0.002.00-0.00
Other comprehensive income0.000.000.000.000.000.00-2.000.00-2.00-2.00-1.000.000.000.00-0.000.00
Total comprehensive income34.0045.0049.0050.0060.0071.0082.0091.00104.00108.00118.00126.00138.00144.00149.00149.00
Earnings per share, basic1.031.411.521.561.852.222.392.663.093.233.473.674.024.144.184.16
Earnings per share, diluted1.101.471.571.561.852.222.392.663.093.233.473.674.024.144.184.16

Annual results, as filed

Line2019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Revenue from operations500.00276.00250.00462.00957.001,483.002,060.002,512.00
Other income24.009.0020.0039.0048.0037.0040.0067.00
Total income524.00285.00270.00501.001,005.001,521.002,100.002,579.00
Cost of materials consumed315.00180.00178.00347.00710.001,080.001,483.001,755.00
Purchases of stock-in-trade0.000.000.000.000.000.000.000.00
Changes in inventories0.000.000.000.000.000.000.000.00
Employee benefit expense17.0012.0013.0014.0016.0019.0022.0036.00
Finance costs63.0015.0031.0027.0032.0035.0011.0012.00
Depreciation and amortisation26.0018.0017.0017.0017.0018.0030.0049.00
Other expenses35.0032.0023.0025.0035.0050.0063.0065.00
Total expenses456.00256.00262.00430.00808.001,202.001,610.001,917.00
Profit before exceptional items and tax68.0029.008.0072.00197.00319.00491.00662.00
Exceptional items0.000.000.000.000.000.000.000.00
Profit before tax68.0029.008.0072.00197.00319.00491.00662.00
Current tax10.0010.005.0017.0040.0039.0080.00119.00
Deferred tax4.002.002.006.0012.0015.00-11.00-11.00
Tax expense14.0012.007.0023.0052.0054.0069.00108.00
Profit for the period66.0027.0011.0055.00151.00266.00426.00557.00
Profit attributable to owners69.0029.0013.0057.00153.00261.00426.00555.00
Profit attributable to non-controlling interests-2.00-2.00-2.00-2.00-2.005.000.002.00
Other comprehensive income0.000.000.000.000.00-2.00-5.00-0.00
Total comprehensive income67.0027.0011.0055.00152.00264.00421.00557.00
Earnings per share, basic2.330.980.431.924.737.9612.4315.81
Earnings per share, diluted2.330.980.431.744.887.9612.4315.81

Balance sheet, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Total assets4,523.004,358.004,439.004,868.004,820.005,235.005,446.006,869.00
Non-current assets2,189.002,181.002,245.002,130.002,269.002,572.002,856.003,202.00
Current assets2,334.002,177.002,194.002,738.002,551.002,662.002,590.003,667.00
Property, plant and equipment40.0049.0057.0071.0082.00105.00149.00375.00
Capital work-in-progress47.0077.0080.0022.0032.0036.0031.0039.00
Goodwill0.000.000.000.000.000.000.000.00
Other intangible assets0.000.000.000.0011.0011.0068.0063.00
Inventories1,183.001,197.001,151.001,416.001,183.001,151.00873.001,058.00
Trade receivables22.0051.0061.00100.00171.00126.0045.00179.00
Cash and cash equivalents37.0034.0032.00305.00219.00330.00292.00899.00
Total equity and liabilities4,523.004,358.004,439.004,868.004,820.005,235.005,446.006,869.00
Equity2,749.002,858.002,953.003,685.003,856.004,189.004,427.005,819.00
Equity share capital65.0065.0065.0068.0068.0069.0069.0072.00
Other equity2,649.002,760.002,855.003,588.003,759.004,092.004,331.005,717.00
Total liabilities1,774.001,500.001,486.001,184.00964.001,046.001,018.001,050.00
Non-current liabilities1,054.001,118.001,075.00719.00592.00556.00495.00674.00
Current liabilities720.00382.00411.00464.00372.00490.00523.00376.00
Borrowings, non-current830.00896.00828.00467.00308.00389.00316.00521.00
Borrowings, current67.0037.0020.00159.0064.0077.00173.0085.00
Trade payables10.0014.0063.0019.0026.0020.0020.0046.00

Cash flow, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Net cash from operating activities58.00-6.00101.0024.00146.0097.00194.00-435.00
Net cash from investing activities36.0050.00-4.00132.00-43.00-72.00-190.00-231.00
Net cash from financing activities-76.00-29.00-99.00115.00-189.001.00-43.001,235.00
Purchase of property, plant and equipment0.0012.0010.0041.0019.0050.0055.00142.00
Net increase in cash18.0015.00-2.00271.00-86.0025.00-38.00569.00
con:CFO.BEFORE_TAX81.0057.00129.0079.00231.00191.00260.00-287.00
con:INTEREST_RECEIVED.OPERATING-17.00-42.00-17.00-33.00-18.00-35.00-17.00-63.00
con:INTEREST_PAID.OPERATING-12.00-31.00-15.00-34.00-5.00-10.00-5.00-11.00
con:DIVIDENDS_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:TAX_PAID.OPERATING18.0052.0027.0054.0024.0069.0053.00108.00
con:CF_OTHER.OPERATING0.000.000.00-2.00-49.000.000.0012.00
con:INVESTMENTS_PURCHASED0.000.000.000.000.000.000.000.00
con:INVESTMENTS_SOLD0.000.000.000.000.000.00-3.000.00
con:PPE_DISPOSALS0.004.000.0015.000.000.000.000.00
con:CF_INVESTING.SUBSIDIARIES_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_ACQUIRED0.000.000.000.000.000.000.000.00

Who owns it

The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.

Holder2023-09-302023-12-312024-01-182024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-10-132025-12-312026-03-312026-06-30
Promoter and promoter group63.3163.3060.1660.0060.0060.0060.0060.1660.120.600.570.570.570.57
Domestic institutions1.661.593.493.656.526.706.716.576.220.060.060.050.050.05
Mutual funds————————4.460.040.040.030.030.03
Insurance companies1.491.432.041.811.511.451.321.361.550.010.020.020.010.01
Foreign institutions9.518.9611.1711.5313.1113.0413.0712.8810.610.110.140.110.110.11
Government—————————0.000.00———
Public36.6936.7039.8440.0040.0040.0040.0039.8439.880.400.430.430.430.43
Non-institutional25.5326.1525.1824.8220.3720.2620.2220.3923.040.230.230.260.270.27
Shares outstanding324096335324096335340988226341890753341890753341890753341890753343260616343260616343260616359876930359876930359876930359876930

Related parties

Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.

CounterpartyRelationshipTypeAmount in the periodTransactions
Fortunea Infrasture LLPAssociatesInvestment, Loan420,954,000.002
Sheetij Properties Pvt LtdWholly Owned SubsidiaryLoan420,000,000.001
Romano Projects Pvt. Ltd.Wholly Owned SubsidiaryLoan87,539,000.001
Tumhare Liye Realty Pvt LtdWholly Owned SubsidiaryLoan69,400,000.001
Anant Raj Housing Ltd.Wholly Owned SubsidiaryLoan38,610,000.001
Jai Govinda Ghar Nirman LimitedWholly Owned SubsidiaryInvestment, Loan38,529,000.002
Anant Raj Cons. & Development Pvt. Ltd.Wholly Owned SubsidiaryLoan32,350,000.001
Rolling Construction Pvt. Ltd.Wholly Owned SubsidiaryLoan17,125,000.001
Century Promoters Pvt. Ltd.Wholly Owned SubsidiaryLoan9,910,000.001
Green Valley Builders Pvt LtdWholly Owned SubsidiaryLoan9,900,000.001
ARE Entertainment Ltd.Wholly Owned SubsidiaryLoan9,000,000.001
Mr. Amit SarinManaging DirectorRemuneration5,832,000.001
Mr. Aman SarinWhole Time Director & Chief ExRemuneration5,760,000.001
Mr. Ashim SarinWhole Time Director & Chief OpRemuneration5,760,000.001
Jayanti SarinRelative of KMPsLoan, Remuneration4,300,000.002

What management said

Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.

DateQuarterWho spoke
2025-11-19Q2FY26ANANT RAJ LIMITED, LIMITEDRead the call
2024-11-06Q2FY25ANANT RAJ LIMITED, RAJ LIMITEDRead the call
2024-04-29Q4FY24ANANT RAJ LIMITED, RAJ LIMITEDRead the call
2023-10-31Q2FY24ANANT RAJ LIMITED, RAJ LIMITEDRead the call
2023-05-04Q4FY23ANALYST:, ANANT RAJ LIMITED, LIMITEDRead the call

What they said about it, quarter by quarter

TopicQ2FY24Q2FY25Q2FY26Q4FY23Q4FY24
CapexAnd CAPEX was done to the tune of only about 10 crores.So, what is the capex cost for building a cloud service?And just want to understand how is it accretive to Colocation as well as Cloud business and any change in CAPEX strategy pertaining to that?These are primarily plots right, so the capex involved should not be very high for this Rs.1000 Crores?And as you stated that this 21-megawatt will be operational along with the 7-megawatts which you are having in Panchkula by December FY24. So, if I ha…
CostsSo, basically, that means that there would be a lot of interest cost savings because last year I was seeing your interest outgo was about 30 crores.————
Debt and cashAnd sir, regarding this recent announcement for affordable housing, relatively, what is our experience is that most of the companies operating in affo…With PAT, for the first half of FY25 saw an increase of 78%, further highlighting our strong execution and cash flow management.Actually, the promoters put in the money in March ‘25 itself and that additional cash flow of INR 100 crores really helped the company and we converte…So, when the half is booked what about the cash flow, Rs.500 Crores you already received or you should be receiving soon?As you are all aware that in the previous call, we had projected that we are by December 24, the company will be a net debt-free company.
Demand20% is yet to go and the Company is seeing a good robust demand.So, that is what generated this demand for coming into data centers also.With a strong balance sheet, reverse cash flow, and healthy pipeline of projects, we are confident in our ability to create our long-term value for al…April 27, 2023 something which we are experiencing on-ground and we feel that this is sustainable, because this is backed by end user demand.Supposedly, there is a lot of supply of the demand in comparison to...
GuidanceSo, this demand, I am sure we have also Googled, and we have some experts also who have been guiding us.My question is, is there any realignment in the guidance for the number of data centers capacity to build over the years, like by 2029 or 2030, when i…For 5.8 acres, we have got our Group Housing, LOI we have already got and we have got the advance set of approvals which is for 1.1 million square fee…We sold half of it and we received almost Rs.250 Crores for it and the balance is going to come in very fast, because in Ashok Estates, we are primari…How much are we investing and what kind of returns can we expect from that and what kind of payback we would be seeing in this business?
MarginAlso, to answer your questions, the margin would be at least 30%.So the 6 megawatts started contributing to the EBITDA as mentioned in the opening remarks.EBITDA stood at INR 177.94 crore, up 43.85% year-on-year and EBITDA margin for quarter stood at 27.76%, up year-on-year from 23.62%.Basically I just wanted to understand that this 21 megawatt what we are planning in the next 12 months, have we already done our cash flow planning fo…During this quarter, our EBITDA reached INR115 crores, making a 39% year-on-year growth.
People—And on 100% utilization, this 0.5 megawatt translate to what revenue number?———
PricingWhen you say the revenue would be 90 lakhs per megawatt per month, is it what competition is charging similar pricing?—It does not impact the pricing of the real estate at all.We have been reading across in the past year that the NCR region, the property price increase has been relatively disproportionate compared to the res…—
Revenue growthSo, this again will be launched in Q3. Q3 is going to be a quarter which is going to be full of lot of action for the Company because prior to this, t…We announced that we have achieved a revenue of INR524 crores, which represents a growth of 54% compared to Q2 of last financial year.——April 25, 2024 Firstly, I want to express my gratitude for your presence and delighted to report that our performance this quarter has once again demo…

What they said they would do

Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.

DateQuarterWhoWhat they said
2025-11-19Q2FY26ANANT RAJ LIMITEDFor 5.8 acres, we have got our Group Housing, LOI we have already got and we have got the advance set of approvals which is for 1.1 million square feet and we have already filed a Group Housing application of 5.21 acres which is going to be again 1.1 million square feet which we are going to be, which we expect the license to come in Q4. So, vis-a-vis this also, the company is fully on track.