Anant Raj Ltd (ANANTRAJ): Q1 FY26 Strong Earnings Fuel Data Center Ambitions
Anant Raj Ltd is a real estate and infrastructure company engaged in residential, commercial, and IT/office park projects across Delhi NCR, Haryana, Andhra Pradesh, Rajasthan, and other regions. It is increasingly pushing into data center/cloud infrastructure as a growth lever.
📊 Q1 FY26 Financial Performance
- Revenue rose ~25.5% YoY to ~₹592.41 crore in Q1 FY26, up from ~₹471.83 crore in Q1 FY25.
- Net profit (PAT) jumped ~38.3% YoY to ~₹125.90 crore, compared to ~₹91.01 crore in the same quarter last year.
- Earnings Per Share (EPS) stood at ~₹3.67 in Q1 FY26, up from ~₹2.66 YoY.
- Expenses grew more moderately (~19-20% YoY), helping margins improve.
- Reported operating profit (EBITDA) growth around ~42% YoY, driven by strong revenue traction and better cost control.
🚀 Strategic Moves & Data Center Push
- Anant Raj is planning to invest ~₹18,000 crore (≈ US$2.1 billion) to expand its data center capacity, targeting ~300 MW by 2032.
- The company recently launched a new 7 MW data center in Panchkula, Haryana. Its Haryana data center footprint (including Manesar & Panchkula) has expanded to ~28 MW in total operational capacity.
- Management aims for ~₹1,200 crore in revenue from its data center & cloud services division by FY27, and a much larger scale (~₹9,000 crore) by FY32.
📉 Stock Price Performance & Valuation
- Current share price trading around ~₹590-₹600 range (as of mid-September 2025), up sharply after Q1 results.
- 52-week price range: ~₹366-₹947.25, indicating significant volatility and investor expectations.
- Key valuation metrics: P/E ~44×; P/B ~4.3-4.4×; Dividend yield very low (~0.1-0.2%), reflecting growth orientation.
⚖ Strengths & Risks Snapshot
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🧭 Key Catalysts & What to Watch
- How quickly and efficiently the new data center units (Panchkula, Manesar) scale up operations and contribute to revenue & cash flow.
- Next few quarterly results — if revenue growth & profitability remain consistent or accelerate.
- Cost inflation management (construction, power, financing) and land / regulatory approvals in different states.
- Analyst target revisions, institutional holdings, and investor sentiment around the real estate + data center mix.
- Technical support levels and resistance zones — price pullbacks to ₹500-₹550 may offer entry; breakout past ₹700-₹800 could drive momentum.
✅ Final Thoughts
Anant Raj has delivered strong performance in Q1 FY26, combining solid growth in its traditional realty business with ambitious steps toward expanding into the rapidly growing data center sector. The stock looks attractive for growth-oriented investors who are comfortable with higher valuation risk. For those more cautious, waiting for execution consistency and maybe a correction may be wiser before entering. Overall, a promising name to watch in the realty + digital infrastructure mix.
⚠️ Disclaimer
This article is for informational and educational purposes only. It does not constitute financial advice. Please verify all data from official filings and consult a SEBI-registered financial advisor before making investment decisions.
