Company and Document Details
Q1 FY27 Financial Performance
- Revenue from Operations (including income from Data Centers) stood at ₹631.40 Crore, a growth of 6.58% Year-over-Year (YoY).
- Revenue from Data Center, Infrastructure and Allied services specifically was ₹90 Crore.
- EBITDA was ₹202.74 Crore, a growth of 26.21% YoY.
- EBITDA Margin for the quarter was 31.15%, an increase of 449 basis points from 26.67% in the prior year period.
- Profit Before Tax (PBT) grew by 23.24% YoY to ₹185.33 Crore.
- Profit After Tax (PAT) grew by 18.50% YoY to ₹149.19 Crore.
- PAT Margin for the quarter was 22.93%, an increase of 203 basis points from 20.90% YoY.
Credit Rating Update
Infomerics Valuation and Rating Ltd. has upgraded the company's rating to 'A- Stable' outlook.
Real Estate Business Updates
Project Approvals and Launches
- Received all key licenses and approvals for Group Housing – 2 ('The Estate One') on 5.09 acres in Sector 63A, Gurugram. Approvals include Revised FAR, Green Building FAR, Zoning Plan, AAI clearance, and Building plan. The project is RERA cleared and ready for launch.
- The project will offer 0.90 million square feet (msf) of saleable area, featuring luxury 3 BHK and 4 BHK apartments.
- The license for Group Housing 3 on 6.38 acres in the same sector, with a tentative saleable area of 1.20 msf, is in an advanced stage.
Project Delivery Status
- Birla Navya JV Project (with Birla Estate Private Ltd): Phase I has been delivered. Occupancy certificates for Phase II units are received and deliveries have commenced. Deliveries for Phase III are planned by the end of FY28.
- Ashok Estate: Delivery of this 20-acre project with a developmental area of approx. 1.34 msf is almost completed.
- The Estate Residences (Group Housing 1): Construction is progressing fast and on track for delivery within timelines.
- Ashray-II, Tirupati: Construction is on track and in an advanced stage. Completion is expected in June 2027.
Other Developments
- The Estate Club, one of the largest clubhouses in Gurugram, encompassing all facilities at Anant Raj Estates, is almost completed.
- The Birla Navya JV project comprises 191 residential plots planned in 4 phases with 764 luxury independent floors. The fourth phase was launched in March 2025.
- The Estate Residences (Group Housing 1), launched in Q1 FY26 with a total area of 0.40 msf, has seen an excellent response. It has an estimated revenue of ₹750 Crore.
- 'The Estate Apartments 2' with a total saleable area of 0.40 msf is to be launched soon.
Data Center & Cloud Services Business Updates
- Anant Raj Cloud Pvt Ltd. has operationalized a total of 28 MW IT load capacity (21 MW at Manesar and 7 MW at Panchkula).
- The company is targeting a total IT load capacity of 357 MW by FY2032.
- Expansion is ongoing, with an expected capacity of 63 MW by the end of FY27.
- The company is on track to commence Artificial Intelligence (AI) services within the current financial year (FY27).
- Anant Raj Cloud Singapore Pte Ltd has been commissioned for international business development, focusing on sourcing clients from South East Asia and the rest of the world.
- Signed a Memorandum of Understanding (MoU) with Haryana Enterprise Promotion Centre (HEPC), Government of Haryana, to facilitate investments and accelerate the adoption of its Data Center and Cloud services across the state.
- The company has been empaneled with MEITY as a Sovereign Cloud service provider and with BSNL as a Data Center service provider.
- It has also tied up with the Andhra Pradesh Government for the launch of a 50MW Data Center in the state.
Demerger and Corporate Structure
- The company announced the demerger of its Data Centre & Cloud operations into a separate entity, Ashok Cloud Pvt. Ltd. ("Ashok Cloud").
- The demerger aims to simplify the corporate structure, allow independent management, and unlock shareholder value.
- Eligible shareholders will receive 1 equity share of Ashok Cloud (Face Value ₹2) for every 1 equity share of Anant Raj Limited (Face Value ₹2) held on the record date.
Company Overview and Strategy
- The company has a 50-year legacy in real estate with 22.34 million square feet of residential and commercial projects and 2,663 completed affordable housing units.
- It has a robust annuity business comprising 1.92 million square feet of commercial leasable area, fully leased under long-term agreements.
- Future priorities include deepening leadership in Sector 63A Gurugram, unlocking the Delhi land portfolio, expanding the annuity engine, and preserving capital discipline for self-funded growth.
- Potential incremental annual rental includes ₹55 Crore p.a. from Anant Raj Center 1 expansion and ₹75 Crore p.a. from Anant Raj Center 2 planned expansion, subject to approvals and completion.
- The company had previously raised ₹1,100 Crore through a Qualified Institutions Placement (QIP).
#Tags: #AnantRaj #Q1FY27Results #DataCenterExpansion #RealEdevelopment #SEBIDisclosure #RegulatoryCompliance #FinancialUpdate #Positive