Company Overview
Anant Raj Limited reported strong financial performance for FY 2025-26 with consolidated revenue growth of 21.92% to ₹2,511.60 crore and PAT growth of 30.81% to ₹557.02 crore. The company achieved net debt-free status while expanding both its traditional real estate business and emerging data center operations.
Financial Performance
Revenue & Profitability: Consolidated revenue reached ₹2,512 crore (22% YoY growth) with EBITDA of ₹723 crore (36% growth) and PAT of ₹557 crore (31% growth). Basic and diluted EPS stood at ₹15.81. The company maintained strong profitability ratios with operating profit margin improving to 26.11% and net profit margin at 21.60%.
Balance Sheet Strength: Total assets increased to ₹8,970.49 crore with significant growth in investment properties (₹1,35,484 lakhs) and cash reserves (₹89,946 lakhs). Shareholders' funds grew 39.13% to ₹5,788.71 crore. The company achieved net debt-free position from previous net debt of ₹50 crore.
Operational Highlights
Real Estate Business: The company progressed multiple projects including Anant Raj Estate (220 acres), Ashok Estate (20.14 acres), The Estate Residences (248 premium units), and Birla Navya JV (764 luxury floors). New approvals were secured for Group Housing 2 (5.09 acres) and Group Housing 3 (6.38 acres). Construction resumed at Delhi properties with 4.90 lakh sq. ft. expansion at Chhatarpur.
Data Center Expansion: Anant Raj operationalized 28 MW IT load capacity (21 MW Manesar, 7 MW Panchkula) and launched sovereign Ashok Cloud platform with MeitY empanelment. The company secured significant government MOUs including 50 MW in Andhra Pradesh (₹4,500 crore investment) and 307 MW in Haryana (₹25,000 crore investment 2026-2032).
Capital Raising & Corporate Actions
The company raised ₹1,099.99 crore through QIP issuance of 1.66 crore shares at ₹662 per share in October 2025. The Board recommended a final dividend of 50% (₹1 per equity share) subject to shareholder approval. A committee was constituted to evaluate demerger of real estate and data center businesses into independent entities.
Governance & Compliance
The company published comprehensive BRSR disclosures covering ESG performance with 403 permanent employees (11.66% turnover rate) and 470 workers. Board composition included 7 directors (4 Non-Executive Independent, 3 Executive) with 5 board meetings held during FY26. The company maintained strong compliance with all SEBI regulations and internal controls.
Subsidiaries & Associates
Anant Raj has 46 subsidiaries (40 direct, 6 indirect) including key entities like Anant Raj Cloud Private Limited, Rolling Construction Private Limited, and 1 associate company (E2E Solutions Private Limited). The company also maintains 2 joint ventures (Avarna Projects LLP, MKAR Ventures LLP).
Forward Outlook
The company maintains visibility for 10-12 years development from its prime land bank and targets 357 MW data center capacity by FY32 with 117 MW to commence by FY28. Both businesses are generating sufficient cash flows to fund growth plans while maintaining net debt-free status.