MoneyWorks4Me

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

₹600.85 -7.85 (-1.29%)

As on 11-Sep'26 15:19

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

₹600.85 -7.85 (-1.29%)

As on 11-Sep'26 15:19

Key Metrics
Valuation Multiples
Market Cap
₹21,906 Cr.
Current Price
₹600.9
52-Week Low / High
₹403 / 744
TTM EPS
₹16.1
TTM Sales
₹2,551 Cr.
Book Value per Share
₹164.7
P/E Ratio
37.86
Lower than its 5-year historical median
Industry PE
44.5
Price to Book (P/B)
3.70
Higher than its 5-year historical median
Price to Sales (P/S)
8.59
Lower than its 5-year historical median
EV/EBITDA
28.23
Lower than its 5-year historical median
Dividend Yield
0.17%
Profitability Efficiency
Return on Equity (ROE)
11.14%
Outperforms industry median
Return on Capital Employed (ROCE)
12.23%
Outperforms industry median
Return on Assets (ROA)
9.15%
Operating Profit Margin
26.1%
Net Profit Margin
22.04%
Gross Profit Margin
28.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
21.4%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
33.36%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
31.34%
Asset Quality
Promoter Holding
57.42%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹5,856 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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Check Before You Invest

Valuation

Overvalued

Price Trend

Semi Strong
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 42.21%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Anant Raj Ltd?
Promoters hold 57.42% 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 25.7% based on the current price.

10 Year X-Ray :

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'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 2.2%1.5%1.2%1.3%1.4%2.3%4.3%4.8%6.7%7.9%-
Value Creation
Index
-0.9-0.9-0.9-0.9-0.9-0.8-0.7-0.7-0.5-0.4-

Growth Parameters

Sales 4294403284082563536497991,2291,4921,535
Sales YoY Gr.-2.4%-25.3%24.4%-37.2%37.7%83.7%23.1%53.8%21.4%-
Adj EPS 21.31.10.90.71.93.33.86.48.38.6
YoY Gr.--37.8%-14.2%-16.5%-25.3%177.9%74.1%15.5%67.9%29.9%-
BVPS (₹) 139.9140.583.482.883.684.485.299.6107.9140.7142.9
Adj Net
Profit
60.237.532.22720.155.9107130219298308
Cash Flow from Ops. -246-2801,0270.3-23742734.1-16.1284-182-
Debt/CF from Ops. -6.6-8.11.56189.5-6.82.930-36.71.5-1.8-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 14.8%42.2%32%21.4%
Adj EPS 16.9%64.9%36.1%29.9%
BVPS0.1%11%18.2%30.4%
Share Price 25.5% 53.4% 37.3% 13.7%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
1.50.911.10.82.244.26.26.86
Op. Profit
Mgn %
28.121.920.514.119.815.916.612.717.420.921.8
Net Profit
Mgn %
148.59.86.67.815.816.416.317.82020.1
Debt to
Equity
0.40.60.60.70.70.50.40.20.10.1-
Working Cap
Days
2,7293,0313,7252,4853,9712,7911,4441,175767704252
Cash Conv.
Cycle
1,0331,0151,2481,0361,8631,195592514293173222

Valuation of Anant Raj - Consolidated

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!

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 (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales4664803502762504629571,4832,0602,512
Operating Expenses + 3253702742242143867601,1491,5681,856
Manufacturing Costs18181310109065241130
Material Costs2642952251781772656541,0641,4811,740
Employee Cost 17191312131416192236
Other Costs 26372225151725425451
Operating Profit 14111075523576197334492656
Operating Profit Margin (%) 30.2%23.0%21.6%19.0%14.2%16.4%20.6%22.5%23.9%26.1%
Other Income + 2949159203948374067
Exceptional Items 0000000000
Interest 55552815312732351112
Depreciation 27262218171717183049
Profit Before Tax 88794029872197319491662
Tax 21181112723525469108
Profit After Tax 67602917048144265422554
PAT Margin (%) 14.3%12.5%8.4%6.1%0.1%10.5%15.1%17.8%20.5%22.0%
Adjusted EPS (₹)2.62.21.40.90.41.94.77.812.415.5
Dividend Payout Ratio (%)9.20%10.70%17.10%8.80%27.70%6.50%10.70%9.40%5.90%6.50%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 4,2464,1872,5012,4852,5002,5152,8223,6574,1625,782
Share Capital 59595959595965686972
Reserves 4,1874,1282,4422,4262,4402,4562,7573,5894,0935,710
Debt +1,3932,1591,3211,3851,499968909476416580
Long Term Debt1,2452,0281,1701,2501,411900874467389521
Short Term Debt14813115113588683592759
Minority Interest114434139373533282830
Trade Payables88427614192046
Others Liabilities 8791,076734676569860578688608431
Total Liabilities 6,6397,4734,6024,5884,6114,3854,3574,8685,2356,869

Fixed Assets

Net Fixed Assets +387557394343404971116438
Gross Block47665296102104104113139199555
Accumulated Depreciation899557596164646884117
CWIP 145192146140904818213639
Investments 649594402461423460460302311183
Inventories1,1221,1469621,3881,4571,1351,1971,4161,1511,058
Trade Receivables1111056272442251100126179
Cash Equivalents 1352666518373169321346911
Others Assets 4,0904,6132,9262,4662,5172,6492,5112,6373,1494,060
Total Assets 6,6397,4734,6024,5884,6114,3854,3574,8685,2356,869
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + -127-305810-84-15042333-26253-435
PBT 88794029872197319491662
Adjustment 741967-9371341759
Changes in Working Capital -265-390715-91-187362-116-307-173-998
Tax Paid -25-15-11-12-7-23-52-54-69-108
Cash Flow From Investing Activity + -33-2291,707-58531-20181-147-231
Capex -20-1851,4169-2-1-9-27-72-417
Net Investments -1861191-5939-38-24158-2170
Others 6-105994548691249-54117
Cash Flow From Financing Activity 193675-2,6794383-4612116-811,235
Net Proceeds from Shares + 00000005781001,100
Net Proceeds from Borrowing 316783-91068161-501-4-407-78132
Interest Paid -42-51-26-14-28-26-31-33-10-11
Dividend Paid -6-7-7-2-1-3-4-16-25-25
Others -74-50-1,735-8-506940-7-6839
Net Cash Flow 33141-162-4618-71527125569
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)1.61.430.880.670.011.935.418.1610.7811.14
ROCE (%)2.462.091.251.070.922.445.848.6311.2612.23
Asset Turnover Ratio0.070.070.060.060.050.10.220.320.410.42
PAT to CFO Conversion(x)-1.9-5.0827.93-4.94N/A8.810.23-0.10.6-0.79
Working Capital Days
Receivable Days81.6082.1087.1088.4084.2025.8013.9018.602022.10
Inventory Days884.50862.401,1011,552.802,079.201,024444.70321.40227.40160.50
Payable Days8.7010.1010.406.4098.905.505.604.806.90

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Anant Raj Ltd FAQs

The current trading price of Anant Raj on 11-Sep-2026 15:19 is ₹600.9.

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 10-Sep-2026 the market cap of Anant Raj stood at ₹21,905.7 Cr

The latest P/E ratio of Anant Raj as of 10-Sep-2026 is 71.17.

The latest P/B ratio of Anant Raj as of 10-Sep-2026 is 4.26.

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 ₹1,535 ( 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 Semi Strong which suggest that the price of Anant Raj Ltd is likely to Rise-somewhat 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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