DINESH

Anant Raj

Latest CMP 630
Today's Change ▲ 0.46%
52-Week High / Low 734 | 405
Price Date: 14-Aug-2026
Recommendation Buy
Target Price 887
Expected Upside 18.7%
Forecast Horizon 2 Years
Historical CAGR 3.5%
1,000 Invested 15-Aug-2006
Today's Value 1,992
Investment Period 20 Years

Stock Snapshot

Post Results Return
+2.3%
Neutral Market Reaction
1-Year Target Price
760
2-Year Target Price
887
52-Week High / Low
734 / 405
20-Day Return
+5.0%
Market Cap (Cr.)
22,678
Current PE
40.2
P/BV Ratio
3.9
Dividend Yield
0.2%
Industry PE
35.2

Price Performance

Basis of our Recommendation

Anant Raj Limited is strategically positioned for growth, driven by its dual focus on real estate and data center infrastructure. Management's commitment to scaling data center capacity to 357 MW by FY32, alongside a robust pipeline of high-end residential projects, underscores a strong revenue outlook. The real estate segment is expected to generate substantial cash flow, supporting the capital-intensive data center expansion. Analysts highlight the improving pricing power within the real estate sector, which, combined with Anant Raj's low leverage and strong project absorption rates, enhances its competitive position. However, execution risks related to the timely commissioning of data center facilities and the ability to maintain cash flow from real estate remain critical watchpoints. Vista's forecast anticipates moderate revenue growth, with improving margins reflecting operational efficiencies. The current valuation aligns with intrinsic value, suggesting a favorable risk-reward profile with an expected upside of approximately 20.77%. Over the next 12-24 months, opportunities lie in the successful execution of the data center strategy and the launch of new residential projects, while headwinds include regulatory compliance challenges and potential interest rate fluctuations

👍 Why We Like This Stock

  • Strong pipeline of high-end residential projects expected to generate significant cash flow
  • Ambitious data center expansion plan targeting 357 MW capacity by FY32, supported by strategic partnerships
  • Improving pricing power in the real estate sector enhances profitability and competitive positioning

Things To Watch Out For

  • Execution risks related to the timely commissioning of data center facilities could impact growth
  • Dependence on consistent cash flow from real estate to fund capital-intensive data center expansion
  • Potential regulatory compliance challenges and interest rate fluctuations may affect operational stability

Key Parameters

Balance Sheet Strength
Conservatively Financed
Market Share
Stable
Industry Outlook
Improving
Analyst View
Strong Buy
Dividend History
Consistent
FII Holdings
Stable

Financial Snapshot

Actuals Forecast
FY24 FY25 FY26 FY27 FY28
Revenue (Cr.) 1,483 2,060 2,512 2,405 3,004
Profit Before Tax (Cr.) 319 491 662 753 915
PBT Margin 21.5% 23.8% 2635.4% 31.3% 30.5%
Net Profit (Cr.) 286 415 546 620 751
Earnings Per Share 7.7 11.5 15.1 17.2 20.9

Analyst Recommendations

Broker Recommendation Target Price Date
Motilal Oswal ▲ Buy 710 12-Aug-2026
Nomura ▲ Buy 650 24-Jun-2026
Consensus Recommendation ▲ Strong Buy
Consensus Target 680
Coverage 2 Analysts
Analysts' Viewpoint
Anant Raj is leveraging its real estate business as a cash generator to fund the expansion of its data center and cloud services division, targeting significant capacity growth by FY32. The company's strong real estate pipeline, including projects in Gurugram, provides necessary liquidity for this capital-intensive expansion. Analysts highlight the high-margin potential of the data center business and strategic initiatives such as partnerships and government agreements as key positives. However, execution risks and the need for sustained cash flow from real estate are noted as potential challenges.

Company Overview

Show Company Profile

Anant Raj Limited is primarily engaged in the real estate and infrastructure development business in India and Singapore. It develops and constructs residential townships, group housings, commercial developments, information and technology parks, malls, office complexes, affordable housings, data centres, hospitality, and serviced apartments. The company was formerly known as Anant Raj Industries Limited and changed its name to Anant Raj Limited in October 2012. The company was founded in 1969 and is headquartered in New Delhi, India.