Anant Raj Ltd. (ANANTRAJ) AI Stock Analysis

• Market Cap: ₹232.17B
• Dividend Yield: 0.12%
• Average Volume (3M): 693.23K
• Price to Earnings (P/E): 48.0
• Beta (1Y): 1.28
• Revenue Growth: 26.32%
• EPS Growth: 41.66%
• Country: IN
• Employees: 204
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): 4.02
• Shares Outstanding: 359,876,920
• 10 Day Avg. Volume: 612,282
• 30 Day Avg. Volume: 693,228
• PEG Ratio: 0.72
• Price to Book (P/B): 3.93
• Price to Sales (P/S): 7.94
• P/FCF Ratio: 513.91
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: ₹693.00 ▲(12.71% Upside)

Anant Raj Ltd.'s strong financial performance, characterized by robust revenue growth and improved cash flow, is the primary driver of its stock score. However, technical indicators suggest the stock is currently overbought, and the high P/E ratio indicates potential overvaluation, which tempers the overall score.

Anant Raj Ltd. Business Overview & Revenue Model

Company Description

Anant Raj Limited primarily develops and constructs information and technology parks, hospitality projects, residential townships, data centers, affordable housing, office complexes, shopping malls, and residential projects in Delhi, Haryana, Rajasthan, and the National Capital Region in India. It also leases and rents commercial properties. The company was formerly known as Anant Raj Industries Limited and changed its name to Anant Raj Limited in October 2012. Anant Raj Limited was founded in 1969 and is headquartered in New Delhi, India.

How the Company Makes Money

Anant Raj Ltd. generates revenue through the sale and leasing of its residential, commercial, and retail properties. The company's key revenue streams include the development and sale of residential units, leasing of commercial and retail spaces, and property management services. Additionally, Anant Raj Ltd. may engage in joint ventures or partnerships with other real estate developers and investors to expand its portfolio and increase project scale, which can also contribute to its earnings. The company's strategic location choices, quality construction, and brand reputation play significant roles in its ability to attract customers and drive sales.

Anant Raj Ltd. Financial Statement Overview

Summary

Anant Raj Ltd. demonstrates strong revenue and profit growth, supported by efficient cost management and operational performance. The balance sheet reflects a healthy equity position with reduced leverage, though debt management remains crucial. Cash flow improvements suggest better cash management, despite past volatility.

Income Statement

Anant Raj Ltd. has shown strong revenue growth, with total revenue increasing from INR 2,496.63 crore in 2021 to INR 20,599.70 crore in 2025, reflecting a robust growth trajectory. The gross profit margin has improved significantly, indicating efficient cost management. The net profit margin has also increased, highlighting enhanced profitability. EBIT and EBITDA margins have improved over the years, showing strong operational performance.

Balance Sheet

The company's balance sheet exhibits a solid equity position, with stockholders' equity increasing from INR 24,995.07 crore in 2021 to INR 41,607.90 crore in 2025. The debt-to-equity ratio has decreased, indicating reduced leverage risk. However, the company maintains a significant amount of debt, which could pose potential risks if not managed carefully. The equity ratio has remained stable, supporting the company's financial stability.

Cash Flow

Anant Raj Ltd. has seen an improvement in cash flow from 2022 to 2025. Free cash flow has turned positive, indicating better cash generation capabilities. The operating cash flow to net income ratio shows consistent cash flow generation relative to net income. However, the volatility in free cash flow in earlier years points to potential fluctuations in cash management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	21.81B	20.60B	14.83B	9.57B	4.62B	2.50B
Gross Profit	6.18B	5.72B	4.00B	2.41B	1.10B	670.26M
EBITDA	5.32B	4.90B	3.34B	1.97B	758.87M	353.77M
Net Income	4.61B	4.26B	2.66B	1.51B	565.16M	127.85M
Balance Sheet
Total Assets	0.00	52.35B	48.68B	43.58B	43.85B	46.11B
Cash, Cash Equivalents and Short-Term Investments	3.35B	3.35B	3.05B	547.33M	194.31M	289.22M
Total Debt	0.00	4.82B	6.27B	10.79B	12.93B	16.63B
Total Liabilities	-41.89B	10.46B	11.84B	15.00B	17.11B	20.74B
Stockholders Equity	41.89B	41.61B	36.56B	28.25B	26.39B	25.00B
Cash Flow
Free Cash Flow	0.00	318.20M	-694.78M	-481.70M	4.57B	-1.16B
Operating Cash Flow	0.00	966.10M	-255.19M	-63.60M	4.58B	-1.12B
Investing Cash Flow	0.00	-721.30M	1.81B	498.00M	-43.94M	472.40M
Financing Cash Flow	0.00	5.30M	1.16B	-288.10M	-4.61B	830.07M

Anant Raj Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 614.85
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ANANTRAJ, the sentiment is Negative. The current price of 614.85 is below the 20-day moving average (MA) of 637.27, below the 50-day MA of 626.05, and above the 200-day MA of 560.35, indicating a neutral trend. The MACD of -4.76 indicates Positive momentum. The RSI at 42.24 is Neutral, neither overbought nor oversold. The STOCH value of 34.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ANANTRAJ.

Anant Raj Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KPIL	73 Outperform	₹224.31B	27.12	―	0.70%	25.09%	50.01%
ANANTRAJ	66 Neutral	₹232.17B	48.01	―	0.12%	26.32%	41.66%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
SOBHA	61 Neutral	₹173.06B	116.38	―	0.18%	56.34%	152.41%
CHALET	57 Neutral	₹210.16B	73.69	―	―	70.56%	579.58%
SIGNATURE	55 Neutral	₹148.48B	185.14	―	―	20.05%	43.45%

Anant Raj Ltd. Corporate Events

Anant Raj Limited Completes Significant Equity Allotment

Anant Raj Limited has announced the successful allotment of over 16.6 million equity shares to qualified institutional buyers through a Qualified Institutions Placement, raising approximately INR 1,099.99 crore. This strategic move increases the company’s paid-up equity share capital and is expected to enhance its financial flexibility, potentially impacting its market positioning and stakeholder interests.

Anant Raj Limited Concludes Equity Share Placement

Anant Raj Limited has successfully concluded a qualified institutions placement of equity shares, with the Finance and Investment Committee approving the closure of the issue on October 13, 2025. The company set an issue price of ₹662.00 per equity share, representing a 4.86% discount to the floor price, and allocated over 16.6 million shares to eligible qualified institutional buyers, which could enhance its financial flexibility and market presence.

Anant Raj Limited Submits SEBI Compliance Certificate for Q3 2025

Anant Raj Limited has submitted a compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ending September 30, 2025. This submission, verified by Alankit Assignments Limited, confirms that physical share certificates received for dematerialization have been properly processed, ensuring compliance with regulatory requirements, which is crucial for maintaining investor confidence and operational transparency.

Anant Raj Limited Launches Institutional Equity Placement

Anant Raj Limited announced the opening of a qualified institutions placement of equity shares, setting the floor price at ₹695.83 per share. This move, approved by the board and shareholders, aims to raise capital under the SEBI ICDR Regulations, potentially offering a discount of up to 5% on the floor price to attract institutional investors.

Anant Raj Limited Launches Equity Shares Placement

Anant Raj Limited has announced the initiation of a qualified institutions placement of equity shares, with a floor price set at ₹695.83 per share, as per the SEBI ICDR Regulations. This move, approved by the company’s board and shareholders, aims to raise capital and potentially offer a discount of up to 5% on the floor price, impacting the company’s financial strategy and market positioning.