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Anant Raj Ltd (ANANTRAJ)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 515055 NSE: ANANTRAJ Construction - Real Estate | Small Cap | Anant Raj Share Price

₹589.45 41.90 (7.65%)

As on 04-Jun'26 16:59

Anant Raj Ltd (ANANTRAJ)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 515055 NSE: ANANTRAJ Construction - Real Estate | Small Cap | Anant Raj Share Price

₹589.45 41.90 (7.65%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹21,213 Cr.
Current Price
₹589.5
52-Week Low / High
₹403 / 744
TTM EPS
₹8.3
TTM Sales
₹1,492 Cr.
Book Value per Share
₹140.7
P/E Ratio
71.09
Higher than its 5-year historical median
Industry PE
42.8
Price to Book (P/B)
4.19
Higher than its 5-year historical median
Price to Sales (P/S)
14.22
Higher than its 5-year historical median
EV/EBITDA
52.91
Higher than its 5-year historical median
Dividend Yield
0.15%
Profitability Efficiency
Return on Equity (ROE)
6.17%
Outperforms industry median
Return on Capital Employed (ROCE)
6.71%
Outperforms industry median
Return on Assets (ROA)
5.08%
Operating Profit Margin
17.4%
Net Profit Margin
17.84%
Gross Profit Margin
23%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
53.81%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
111.4%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
68.56%
Asset Quality
Promoter Holding
57.41%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹4,990 Cr.
Equity
₹72 Cr.
Face Value
₹2
All Time Low / High
₹0.35 / 947.25

Anant Raj stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Anant Raj Ltd a good quality company?
Anant Raj Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Anant Raj Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Anant Raj Ltd vs industry peers?
Anant Raj Ltd revenue CAGR is 24.64%, compared to the industry median CAGR of 0.00%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Anant Raj Ltd?
Promoters hold 57.41% of the Anant Raj Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Anant Raj Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 29.1% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Anant Raj Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 2.1%2.2%1.5%1.2%1.3%1.4%2.3%4.3%4.8%6.7%-
Value Creation
Index
-0.9-0.9-0.9-0.9-0.9-0.9-0.8-0.7-0.7-0.5-

Growth Parameters

Sales 3964294403284082563536497991,2291,492
Sales YoY Gr.-8.4%2.4%-25.3%24.4%-37.2%37.7%83.7%23.1%53.8%-
Adj EPS 2.421.31.10.90.71.93.33.86.48.3
YoY Gr.--16.4%-37.8%-14.2%-16.5%-25.3%177.9%74.1%15.5%67.9%-
BVPS (₹) 136.1139.9140.583.482.883.684.485.299.6107.9140.7
Adj Net
Profit
71.960.237.532.22720.155.9107130219298
Cash Flow from Ops. -12.5-246-2801,0270.3-23742734.1-16.1100-
Debt/CF from Ops. -111-6.6-8.11.56189.5-6.82.930-36.74.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 13.4%24.6%51.5%53.8%
Adj EPS 11.3%47.6%50%67.9%
BVPS-2.6%5.4%8.5%8.3%
Share Price 27.7% 54.7% 55.1% 3.3%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
1.81.50.911.10.82.244.26.26.7
Op. Profit
Mgn %
29.728.121.920.514.119.815.916.612.717.420.9
Net Profit
Mgn %
18.1148.59.86.67.815.816.416.317.820
Debt to
Equity
0.30.40.60.60.70.70.50.40.20.10
Working Cap
Days
2,7672,7293,0313,7252,4853,9712,7911,4441,175767252
Cash Conv.
Cycle
1,1221,0331,0151,2481,0361,8631,195592514293222

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales3964294403284082563536497991,229
Operating Expenses + 2993093432613512062975416981,015
Manufacturing Costs776566270509656973
Material Costs2342632932243161760000
Employee Cost 16161712111112131416
Other Costs 43232720181215192726
Operating Profit 971219667575156108101214
Operating Profit Margin (%) 24.5%28.1%21.9%20.5%14.1%19.8%15.9%16.6%12.7%17.4%
Other Income + 3720161191949699873
Exceptional Items 0000000000
Interest 3543331910242122184
Depreciation 20201917161515141515
Profit Before Tax 79776142403069141166268
Tax 2217189131013343649
Profit After Tax 57604332272056107130219
PAT Margin (%) 14.5%14.0%9.8%9.9%6.7%7.8%15.8%16.4%16.3%17.8%
Adjusted EPS (₹)2.02.01.51.10.90.71.93.33.86.4
Dividend Payout Ratio (%)12.30%11.80%16.50%21.80%8.60%14.70%6.30%15.20%19.20%11.40%

Valuation of Anant Raj - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 4,0164,1284,1452,4602,4452,4682,4912,7613,4043,702
Share Capital 59595959595959656869
Reserves 3,9574,0694,0852,4012,3862,4092,4322,6973,3363,634
Debt +9841,2941,8441,3261,2941,451916858446378
Long Term Debt8361,1461,7141,1701,1651,373856832446352
Short Term Debt147148131156129786126026
Minority Interest0000000000
Trade Payables6894143215
Others Liabilities 801745962655635435720477428261
Total Liabilities 5,8076,1756,9604,4454,3754,3584,1304,0974,2794,346

Fixed Assets

Net Fixed Assets +30029929917151413151417
Gross Block35335735972717373757682
Accumulated Depreciation54596154565860606265
CWIP 158133180143136864132024
Investments 568582811290290290340376324365
Inventories1,1311,1161,1429581,2241,2669791,0631,046720
Trade Receivables95107101618254214598116
Cash Equivalents 2148533411111840218267
Others Assets 3,5343,8904,3742,9412,6182,6362,7172,5552,5592,836
Total Assets 5,8076,1756,9604,4454,3754,3584,1304,0974,2794,346

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -12-246-2801,0270-23742734-16100
PBT 79776142403069141166268
Adjustment 30584666171962-25-20
Changes in Working Capital -113-362-377929-44-276365-75-121-99
Tax Paid -12-21-13-9-13-10-13-34-36-49
Cash Flow From Investing Activity + -120-7-2391,386195223-3287-29
Capex -99-8-68042-2-1-4-1-18
Net Investments -46-30-1895371-1-49-4049-41
Others 2531-4445165573133930
Cash Flow From Financing Activity 93264529-2,416-41185-44315106-22
Net Proceeds from Shares + 0000000040
Net Proceeds from Borrowing 218310568-633-29208-507-4-386-94
Interest Paid -42-37-30-17-9-22-20-21-17-3
Dividend Paid -8-9-7-7-2-1-3-4-16-25
Others -74-0-1-1,759-0-08743521100
Net Cash Flow -401111-4-22-071717649

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)1.431.481.040.981.110.822.254.064.226.17
ROCE (%)2.142.171.541.161.261.352.284.274.756.71
Asset Turnover Ratio0.070.070.070.060.090.060.080.160.190.28
PAT to CFO Conversion(x)-0.21-4.1-6.5132.090-11.857.630.32-0.120.46
Working Capital Days
Receivable Days86.5085.9086.3090.2063.8096.2038.6018.7032.8031.90
Inventory Days1,046.10955.20937.201,167974.901,771.401,160.30574.50481.90262.30
Payable Days12.509.3010.2010.503.205.500000

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Anant Raj Ltd FAQs

The current trading price of Anant Raj on 04-Jun-2026 16:59 is ₹589.5.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Anant Raj stood at ₹21,213 Cr

The latest P/E ratio of Anant Raj as of 03-Jun-2026 is 71.09.

The latest P/B ratio of Anant Raj as of 03-Jun-2026 is 4.19.

The 52-week high of Anant Raj is ₹744.1 and the 52-week low is ₹403.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Anant Raj is ₹1,492 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Anant Raj Ltd is a below average quality company.

The key valuation ratios of Anant Raj Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Anant Raj Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Anant Raj Ltd

Anant Raj, earlier known as Anant Raj Industries (ARIL) was established in 1969, and is now a name that has become synonymous with the highest quality, excellence and innovation in the field of real estate development. Armed with one of the largest land banks in the region, the company is in the process of building an array of Special Economic Zones (SEZs), IT Parks, Hotels, Commercial Complexes, Malls, Residential / Service Apartment and other infrastructure projects - all of which are set to be built in adherence to the most competitive global standards.In 2012 the company changed its name from Anant Raj Industries Ltd. to Anant Raj Ltd.

Anant Raj Industries Limited is uniquely poised to leverage the existing and ensuing explosion in real estate development in the National Capital region by constantly enhancing land bank portfolio, guaranteeing the highest quality levels and professionalism, and by continually innovating on both marketing and construction technology fronts.

ARIL’s Technology Parks flaunt luxurious, fully-furnished residential / service apartment units, functionally impressive shopping spaces, and recreational areas, along with state-of-the-art technology towers. Each Park boasts of a painstaking attention to details and meticulousness. Every project is also strategically located – both in terms of garnering talent as well as attracting business.

As one of India’s leading Infrastructure Development Enterprise, ARIL is in the process of revolutionizing corporate spaces with the development of Special Economic Zones and IT Parks. Meanwhile, on the societal front ARIL is committed to building institutions for education, hospitals and healthcare centers. ARIL also promises to enhance the quality of millions of lives by ushering in world class residential / service apartment facilities as well as and amusement, leisure and recreational infrastructure.ARIL is deeply committed to value creation for their shareholders through prudent financial management, maintenance of global quality standards, professionalism and adherence to business ethics.

Joint Ventures:

  • ARIL is India's leading group in terms of attracting foreign investments - one of the major global investors being the Government of Singapore Investment Corporation.
  • ARIL has also entered into a joint-venture with Reliance ADAG, one India' premier industrial groups, for hospitality- and infrastructure-related projects. Other prime investors include The George Soros Group and Morgan Stanley.
  • Atkins Spence- Atkiens Spence is one of the pioneers in the hospitality operations business in Asia. The Anant Raj Group has already signed a joint venture with the company under which the combine will operate two hotel projects – one at South Delhi and another at Manesar, Haryana.
  • Althoff Hotels- A reputed German company Althoff Hotels operates Business and Boutique Hotels. The Anant Raj Group has signed a JV with Althoff to run a boutique hotel in South Delhi.

Projects involvement of the company

  • Commercial/IT- ARIL’s philosophy is to create a perfect blend of iconic, visually stunning, bold and futuristic campuses that integrate state-of-the-art technology with best-in-class designs and construction in order to create a resort-like environment for IT and related industries.
  • Mall-ARIL is at the forefront of providing quality retail spaces in the national capital region in the form of malls and complexes. Our malls and complexes are masterpieces in steel and chrome and a perfect melding of functionality with cutting-edge global designs.
  • Hospitality- ARIL is poised to transform the hospitality sector. Building on the concept of super luxury, the Group is set to introduce top-of-the-line, global hospitality experience in all its properties.
  • Residential Society- ARIL is transforming the very concept of luxuriant living in the NCR. Building on exclusive and prime lands, amenities such as spas, swimming pools, Jacuzzis and clubs come as standard. ARIL’s residential / service apartment units adhere to global benchmarks and incorporate all the elements usually found in any of the high-class condominiums and housing complexes in the world over.
  • In 2012 Anant Raj Group launches, Anant Raj Estate a premier township at Sector-63A, Gurgaon

Clients of the company includes renowned names of the corporate world like, BSNL, Income Tax Deptt., Bajaj Allianz, Airtel, IDBI Bank, Avaya and many more.

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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