Anant Raj Ltd. (ANANTRAJ) AI Stock Analysis

• Market Cap: ₹198.98B
• Dividend Yield: 0.13%
• Average Volume (3M): 693.23K
• Price to Earnings (P/E): 38.5
• Beta (1Y): 1.29
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 57 Neutral
• Price Target: ₹591.00 ▲(0.51% Upside)

Anant Raj Ltd. has a moderate stock score driven by strong financial performance, including robust revenue and profit growth. However, the technical analysis indicates bearish momentum, and the valuation suggests the stock may be overvalued. These factors contribute to a cautious outlook.

Positive Factors

Revenue Growth

The robust revenue growth trajectory indicates strong market demand and effective business strategies, enhancing long-term financial stability.

Cash Flow Improvements

Positive free cash flow reflects improved cash management, providing the company with greater financial flexibility for future investments.

Profitability

Improved profitability through efficient cost management strengthens the company's financial health and competitive positioning.

Negative Factors

Debt Management

High debt levels can lead to increased financial risk, potentially affecting the company's ability to invest in growth opportunities.

Cash Flow Volatility

Past volatility in cash flow suggests potential challenges in maintaining consistent cash generation, impacting financial predictability.

Leverage Risk

While leverage risk has decreased, maintaining a significant debt level still poses a challenge for long-term financial health.

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	22.98B	20.60B	14.83B	9.57B	4.62B	2.50B
Gross Profit	6.75B	5.72B	4.00B	2.41B	1.10B	670.26M
EBITDA	5.99B	4.90B	3.34B	1.97B	758.87M	353.77M
Net Income	4.93B	4.26B	2.66B	1.51B	565.16M	127.85M
Balance Sheet
Total Assets	54.46B	52.35B	48.68B	43.58B	43.85B	46.11B
Cash, Cash Equivalents and Short-Term Investments	15.42B	3.35B	3.05B	547.33M	194.31M	289.22M
Total Debt	5.63B	4.82B	6.27B	10.79B	12.93B	16.63B
Total Liabilities	10.18B	10.46B	11.84B	15.00B	17.11B	20.74B
Stockholders Equity	44.00B	41.61B	36.56B	28.25B	26.39B	25.00B
Cash Flow
Free Cash Flow	-21.30M	318.20M	-694.78M	-481.70M	4.57B	-1.16B
Operating Cash Flow	1.11B	966.10M	-255.19M	-63.60M	4.58B	-1.12B
Investing Cash Flow	-2.07B	-721.30M	1.81B	498.00M	-43.94M	472.40M
Financing Cash Flow	578.60M	5.30M	1.16B	-288.10M	-4.61B	830.07M

Anant Raj Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 588.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• 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 588 is above the 20-day moving average (MA) of 559.30, above the 50-day MA of 572.34, and above the 200-day MA of 559.41, indicating a bearish trend. The MACD of 0.39 indicates Negative momentum. The RSI at 46.48 is Neutral, neither overbought nor oversold. The STOCH value of 38.87 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	₹194.19B	23.48	―	0.77%	25.09%	50.01%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
SOBHA	58 Neutral	₹165.53B	111.32	―	0.20%	56.34%	152.41%
ANANTRAJ	57 Neutral	₹198.98B	38.46	―	0.13%	26.32%	41.66%
CHALET	57 Neutral	₹192.61B	33.27	―	―	70.56%	579.58%
SIGNATURE	53 Neutral	₹129.69B	166.77	―	―	20.05%	43.45%

Anant Raj Ltd. Corporate Events

Anant Raj Reports No Re‑lodgement of Share Transfer Requests in November 2025

Anant Raj Limited has reported to the stock exchanges on the status of shareholder requests processed under the Securities and Exchange Board of India’s special window for re-lodgement of physical share transfer requests for November 2025. According to its registrar and transfer agent, Alankit Assignments Limited, the company did not receive, process, approve, or reject any such re-lodgement requests during the month, indicating no pending or actionable cases under this SEBI-mandated framework for the period in question.

Anant Raj Limited Expands Real Estate Portfolio with New Acquisition

Anant Raj Limited has announced that its wholly owned subsidiaries, Vrittanta Real Estate Private Limited and Romano Builders Private Limited, have jointly acquired a 100% partnership interest in Blessed Landbase LLP. This acquisition aligns with Anant Raj’s core business in real estate, potentially enhancing its market position and operational capabilities in the industry.

Anant Raj Ltd. Opens Special Window for Share Transfer Deeds

Anant Raj Limited has announced a special window for physical shareholders to re-lodge transfer deeds, as per a SEBI circular. This initiative aims to facilitate the transfer process for shareholders holding physical shares, potentially improving shareholder satisfaction and compliance with regulatory requirements.

Anant Raj Limited Releases Q2 & H1 FY ’26 Earnings Call Transcript

Anant Raj Limited has released the transcript of its earnings call for the quarter and half-year ended September 30, 2025. The call, held on November 12, 2025, featured key management figures discussing the company’s financial performance and strategic initiatives. This release is part of the company’s compliance with SEBI regulations, ensuring transparency and communication with stakeholders.

Anant Raj Limited Releases Q2 & H1 FY26 Earnings Presentation

Anant Raj Limited has released its earnings presentation for the second quarter and first half of the fiscal year 2026. This announcement is part of their regulatory compliance with the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, and is intended for record-keeping by the National Stock Exchange of India and BSE Limited.