Anant Raj Limited submitted an Investor Presentation to the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Q2 FY27 Financial Performance

  • Revenue from Operations (including income from Data Centers) stood at ₹661.53 crore, up 4.87% Year-on-Year (YoY).
  • Revenue specifically from Data Center, Infrastructure and Allied services was ₹115.41 crore.
  • EBITDA was ₹215.37 crore, up 21.04% YoY.
  • EBITDA Margins for the quarter were 31.72%, up 395.65 basis points (bps) YoY from 27.76%.
  • Profit Before Tax (PBT) grew by 14.20% YoY to ₹187.78 crore.
  • Profit After Tax (PAT) grew by 13.25% YoY to ₹156.49 crore.
  • PAT Margins for the quarter were 23.05%, up 148.82 bps YoY from 21.56%.
  • Infomerics Valuation and Rating Ltd. upgraded the company's credit rating to 'A- Stable' outlook.

H1 FY27 Financial Performance

  • Revenue from Operations (including income from Data Centers) grew to ₹1,223.20 crore (the provided YoY growth figure of 1,292.93% appears to be a data error).
  • Revenue from Data Center, Infrastructure and Allied services stood at ₹205.41 crore.
  • EBITDA stood at ₹418.11 crore, up 23.49% YoY.
  • EBITDA margins for H1 FY27 stood at 31.44%, up 421.14 bps YoY from 27.23%.
  • PBT grew by 18.52% YoY to ₹373.11 crore.
  • PAT grew by 15.75% YoY to ₹305.68 crore.
  • PAT Margins stood at 22.99%, up 174.82 bps YoY from 21.24%.
  • Credit Rating was improved for Long Term to IVR A-/Stable and for Short Term to IVR A2+.

Real Estate Business Updates

  • RERA approval received for a new Group Housing project, 'The Estate One', spread across 5.09 acres in Sector 63A, Gurugram. The project comprises 352 units with a potential built-up area of 1.22 million sq. ft. and is to be launched soon.
  • A license for another group housing project over 6.38 acres in Sector 63A, Gurugram, is at an advanced stage and expected in Q3 FY27. It will have a tentative saleable area of approx. 1.20 million sq. ft.
  • Commenced Phase IV of the Anant Raj Estate on 6.075 acres with a potential development of ~5 lakh sq. ft.
  • Approvals for an additional 9.11875 acres for Phase V of Anant Raj Estate are expected in Q4 FY27.

Project Delivery Status

  • Phase I of the Birla Navya Project has been delivered. Occupancy certificates for Phase II units are received and deliveries commenced. Deliveries for Phase III are planned by end of FY28.
  • Delivery of Ashok Estate (over 20 Acres, developmental area of approx. 1.34 million sq. ft.) is nearing completion.
  • Construction of The Estate Residences (Luxury Group Housing) is on track for delivery within stated timelines.
  • Construction of Ashray-II at Tirupati, Andhra Pradesh is on track and in an advanced stage.
  • Construction for Anant Raj Estate Club is nearing completion and in an advanced stage of operationalisation.

Data Center & Cloud Services Business Updates

  • Anant Raj Cloud Private Limited has operationalized two data centre campuses with a combined capacity of 28 MW.
  • The company is targeting an aggregate IT load capacity of 357 MW by FY 2031–32.
  • It expects to achieve an aggregate IT load capacity of 63 MW by the end of FY 2026–27.
  • Expansion of additional cloud services under the brand name "Ashok Cloud" at Manesar and Panchkula is progressing as scheduled.
  • The company is on track to commence Artificial Intelligence (AI) enabled services during the current financial year (FY27).
  • A wholly owned subsidiary, Anant Raj Cloud Singapore Pte. Ltd., was established in Singapore to source global clients.
  • This subsidiary and Orange Business Services Singapore Pte. Ltd. have signed a Memorandum of Understanding (MoU) with the Government of Haryana (Department of Industries & Commerce) to promote Haryana-based cloud services globally.

Corporate Restructuring (Demerger)

  • The company has filed a Composite Scheme of Arrangement with the National Stock Exchange of India Limited and BSE Limited for obtaining their No Objection Letters/Observation Letters.
  • The scheme involves the consolidation of the Data Centre & Cloud Services Business and its strategic demerger into a new entity named Ashok Cloud Ltd.
  • The objective is to create two independently listed companies: Anant Raj Limited (focused on Real Estate & Infrastructure) and Ashok Cloud (focused on Digital Infrastructure & Cloud Services).
  • 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.
  • The company has completed requisite formalities, including obtaining in-principle no-objection certificates from all banks and submitting them to the Stock Exchanges/SEBI. It expects to receive the requisite NOCs from the Stock Exchanges/SEBI shortly.

Future Growth Priorities

  • 11.41 million sq. ft. of ongoing and planned residential projects.
  • Plan to acquire additional land adjacent to existing land in Sector 63A, Gurugram.
  • Explore asset-light growth through Joint Development Agreements (JDA) with other developers/landowners.
  • Potential for greenfield township development in other key micro markets.
  • Data center expansion with an incremental capacity of 35 MW IT load, scaling up to 357 MW IT load by 2032.
  • Operationalisation of Manesar and Rai locations along with Cloud services.
  • Offering a full array of Cloud services with AI-enabled Infrastructure.
  • The company is empaneled with MeitY as a Sovereign Cloud Service Provider and with BSNL as a Data Centre Service Provider.