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India
Reported ownership for FY2027-Q1 as of 2026-06-30.
As of 06 Nov 2026, 03:30 pm
The company has filed a Composite Scheme of Arrangement involving the merger of Anant Raj Cloud Private Limited into Anant Raj Limited and the demerger of its Data Centre and Cloud Services undertaking into Ashok Cloud Limited. This scheme is pending approvals from stock exchanges and the National Company Law Tribunal (NCLT).
For the quarter ended September 30, 2026, the Board noted an MoU with Orange Business Services Singapore and the Government of Haryana to promote data centre infrastructure. The company also received RERA registration for 'The Estate One' project in Gurugram and reported progress on cloud infrastructure expansion targeting 357 MW IT load capacity by FY 2031-32.
Anant Raj Limited has scheduled an Analysts and Institutional Investors Meet for November 4, 2026, at 10:00 AM in Mumbai. The event will be conducted in-person/physical mode, including one-to-one and group interactions. The company stated that no unpublished price-sensitive information will be shared or discussed during the meeting.
As of November 5, 2026, the daily trend is bearish with the stock closing at ₹466.00. The stock has declined -27.8% over the past year and -15.7% year-to-date. Technical indicators show negative slopes for both the 20-day and 50-day moving averages, with resistance levels identified at ₹468.67 and ₹476.93.
As of 06 Nov 2026, 03:30 pm
Recent drawdown or price variability is materially high and may lead to larger short-term outcomes.
Primary driver: Price remains materially below a previous peak
The session opened materially below the previous close, indicating a sharp repricing at the open.
The price gap may increase short-term downside uncertainty and warrants review of the underlying context.
The session opened materially above the previous close, indicating a sharp repricing at the open.
The move may reflect new information; subsequent price follow-through is worth monitoring.
The session opened materially above the previous close, indicating a sharp repricing at the open.
The move may reflect new information; subsequent price follow-through is worth monitoring.
The session traded across a materially wider price range than usual.
Larger price swings can increase short-term uncertainty, especially if they continue.
Latest complete financial results for Q2 FY27 and comparative quarterly trends.
| Metric | Q2 FY26 | Q1 FY27 | Q2 FY27(Latest) |
|---|---|---|---|
| Revenue From Operations | ₹631 crore | ₹631 crore | PEAK₹662 crore |
| Profit Before Exceptional Items And Tax | ₹164 crore | ₹185 crore | PEAK₹188 crore |
| Profit Loss For Period From Continuing Operations | ₹137 crore | ₹146 crore | PEAK₹155 crore |
| Tax Expense | ₹27.5 crore | PEAK₹39.2 crore | ₹33.1 crore |
| Basic Earnings Loss Per Share From Continuing And Discontinued Operations | ₹4.02 per share | ₹4.16 per share | PEAK₹4.36 per share |
Anant Raj reported consolidated revenue from operations of ₹661.5 crore and profit for the period of ₹156.5 crore in Q2 FY2026-27, the highest levels in the five-quarter series. Operating cash flow was ₹31.8 crore, while free cash flow was negative ₹223.8 crore; cash and cash equivalents stood at ₹718.3 crore at September 30, down from March 31.
Total assets expanded to ₹7,599.1 crore at September 30 from ₹6,868.7 crore at March 31, 2026. Capital work in progress increased to ₹226.5 crore from ₹39.4 crore. Property, plant and equipment was ₹347.1 crore, compared with ₹375.4 crore at March-end, while investment property was ₹1,348.1 crore versus ₹1,354.8 crore.
Q2 delivered five-quarter highs in revenue, profit and EPS, with year-on-year profit growth of 13.3%. The counterpoint was negative free cash flow alongside higher inventories and lower cash balances since March-end, keeping cash conversion central to assessing the quality of earnings growth.
Disclosed bulk and block transactions involving Anant Raj, shown for the latest 90 days.
Exchange disclosures and regulatory announcements for Anant Raj.
Anant Raj Limited (NSE: ANANTRAJ) has filed an intimation with the National Stock Exchange regarding a scheduled Analysts and Institutional Investors Meet. The event is set to take place on November 4, 2026, at 10:00 AM in Mumbai. The meeting will be conducted in-person/physical mode and includes both one-to-one and group interactions with analysts and institutional investors.
Anant Raj Limited scheduled an in-person analyst/institutional investor meeting in Mumbai for Wednesday, 4 November 2026. The company said the schedule may change and that no unpublished price-sensitive information will be shared or discussed.
Anant Raj Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
On October 28, 2026, the Board of Directors of Anant Raj Limited approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter and half-year ended September 30, 2026. The Board noted key operational updates including an MoU signed by subsidiary Anant Raj Cloud Singapore Pte. Ltd. with Orange Business Services Singapore pte, Ltd. and the Government of Haryana to promote data centre infrastructure; receipt of a RERA registration certificate for the 'The Estate One' project in Gurugram; and progress on cloud infrastructure expansion targeting 357 MW IT load capacity by FY 2031-32. Additionally, the Company reported that it has received no-objection certificates from all banks for its Composite Scheme of Arrangement involving the merger of Anant Raj Cloud Private Limited into Anant Raj Limited and the demerger of its Data Centre and Cloud Services undertaking into Ashok Cloud Limited, pending stock exchange and NCLT approvals.
On October 28, 2026, the Board of Directors of Anant Raj Limited approved Unaudited Financial Results for the quarter and half-year ended September 30, 2026. The Board noted operational updates including an MoU between subsidiary Anant Raj Cloud Singapore Pte. Ltd., Orange Business Services Singapore pte, Ltd., and the Government of Haryana to promote data center infrastructure; receipt of RERA registration for 'The Estate One' project in Gurugram; and progress on cloud infrastructure expansion targeting 357 MW IT load by FY 2031-32. Additionally, the Company reported filing a Composite Scheme of Arrangement involving the merger of Anant Raj Cloud Private Limited into Anant Raj Limited and the demerger of its Data Centre and Cloud Services undertaking into Ashok Cloud Limited, pending NCLT approval.
Infomerics Valuation and Rating Limited reported no deviation from the objects or expenditure disclosed for Anant Raj Limited’s ₹1,100.00 crore QIP in its monitoring report for the quarter ended September 30, 2026. Of the ₹1,100.00 crore gross proceeds, ₹526.52 crore had been spent cumulatively by quarter-end; no expenditure was incurred under general corporate purposes during Q2-FY27. The company submitted the report to NSE and BSE on October 28, 2026, pursuant to Regulation 32(6) of the SEBI Listing Regulations.
Integrated Filing- Financials|Original|
Integrated Filing- Financials|Original|
Recent market and company developments associated with Anant Raj.
The collaboration aims to take Haryana-based cloud and data centre services to global markets and facilitate the hosting of overseas data in the state.
The strategy makes Anant Raj an exception among companies investing in India’s fast-growing data centre market. Large technology firms and homegrown conglomerates have announced plans to raise debt or equity-linked funding to fund their data centre projects.
Realty shares witnessed buying demand for six consecutive trading sessions.
Phoenix Mills Ltd has added 1.24% over last one month compared to 5.64% fall in BSE Realty index and 3.4% drop in the SENSEX
At 14:25 IST, the barometer index, the S&P BSE Sensex jumped 312.79 points or 0.43% to 74,323.02. The Nifty 50 index added 117.65 points or 0.51% to 23,236.25.
India's data centre pipeline is projected to reach 3,860 MW by 2030. This expansion requires nearly $29.9 billion in development capital for the country. APAC data centre capacity will grow 2.7 times by 2030. Mumbai leads with 890 MW operational capacity and significant upcoming supply. Other markets like Hyderabad and Chennai are also seeing substantial development.
India's data centre pipeline is projected to reach 3,860 MW by 2030. This expansion requires nearly $29.9 billion in development capital for the country. APAC data centre capacity will grow 2.7 times by 2030. Mumbai leads with 890 MW operational capacity and significant upcoming supply. Other markets like Hyderabad and Chennai are also seeing substantial development.
Netweb Tech, E2E Networks, Black Box, Anant raj, Artificial intelligence, Artificial intelligence slowdown
Comprehensive Section Breakdown for Anant Raj
Strategic Vision: Real estate developer and tile manufacturer expanding into data centers.
• Established presence in real estate development across multiple project types.
• Operational manufacturing facilities for ceramic tiles.
• Strategic entry into the growing data center and cloud services market.
Revenue from operations rose 4.8% quarter on quarter to ₹661.5 crore from ₹631.4 crore in Q1 FY2026-27, and increased 4.9% year on year from ₹630.8 crore in Q2 FY2025-26. Across the five quarters from Q2 FY2025-26 through Q2 FY2026-27, revenue was ₹630.8 crore, ₹641.6 crore, ₹646.8 crore, ₹631.4 crore and ₹661.5 crore.
Total income increased 4.3% sequentially to ₹679.0 crore, including other income of ₹17.4 crore. Expenses rose 5.5% to ₹491.2 crore, faster than revenue. Profit before tax increased 1.3% from Q1 to ₹187.8 crore, while profit for the period rose 4.9% to ₹156.5 crore. Year on year, profit for the period increased 13.3% from ₹138.2 crore in Q2 FY2025-26.
Tax expense was ₹33.1 crore, down from ₹39.2 crore in Q1 FY2026-27. It included a deferred-tax credit of ₹6.2 crore, partly offsetting current tax expense of ₹39.3 crore. Cost of materials consumed, at ₹427.8 crore, was the largest expense line.
Basic and diluted earnings per share were ₹4.36, compared with ₹4.16 in Q1 FY2026-27 and ₹4.02 in Q2 FY2025-26. EPS was also the highest in the five-quarter series.
Operating cash flow was ₹31.8 crore in Q2, against investing cash outflows of ₹255.6 crore and financing inflows of ₹42.6 crore. Free cash flow was negative ₹223.8 crore. Cash and cash equivalents were ₹718.3 crore at September 30, compared with ₹899.5 crore at March 31, 2026—a decline of ₹181.1 crore over the six months.
Current assets increased to ₹4,106.5 crore at September 30 from ₹3,666.8 crore at March 31. Inventories rose to ₹1,507.4 crore from ₹1,057.6 crore, while current financial assets were ₹2,320.2 crore, down from ₹2,404.8 crore. The combination of negative free cash flow and higher inventories makes cash conversion an important complement to the quarter’s earnings growth.
Total equity rose to ₹6,087.3 crore at September 30 from ₹5,818.8 crore at March 31 and ₹4,427.5 crore a year earlier. Noncurrent borrowings stood at ₹503.6 crore, down from ₹521.4 crore at March-end, while current borrowings increased to ₹99.5 crore from ₹84.8 crore.
Noncurrent liabilities increased to ₹744.3 crore from ₹674.0 crore at March-end. Outstanding dues to creditors other than micro and small enterprises were ₹50.1 crore, up from ₹39.9 crore. Finance costs declined to ₹1.1 crore from ₹1.2 crore in Q1 FY2026-27 and ₹2.9 crore in Q2 FY2025-26.
Category: Real Estate
Engaged in diverse construction and development activities including residential, commercial, hospitality, affordable housing, data centers, malls, and office complexes.
Category: Manufacturing
Produces ceramic wall and floor tiles in various designs at its facilities in Rewari, Haryana.
Key Products & Services: Romano
Category: B2B Services
Operates data centers with a focus on cloud services, including a sovereign public cloud platform named 'Ashok Cloud'.
Key Products & Services: Ashok Cloud
Key Operational Metrics: • IT LOAD MW: 6 • CLOUD DATA SERVICES MW: 0.5
Core Thesis: Leveraging real estate development expertise to expand into synergistic sectors like data centers and hospitality through strategic partnerships and joint ventures.
• Diversification into New Verticals: Expansion into data centers and cloud services through a dedicated subsidiary and strategic partnerships. • Strategic Joint Ventures and Partnerships: Collaborations with domestic and international entities for hotel development, IT parks, and infrastructure projects. • Integrated Business Model: Combining real estate development with manufacturing and emerging technology services to create a comprehensive offering.