Anant Raj Limited was incorporated in 1985 as Anant Raj Clay Products by Ashok Sarin and later changed its name from 'Arrant Raj Industries Limited' to 'Anant Raj Limited' in December 2012. The company stands as a leading and most prominent real estate developer in Delhi NCR, with a market capitalization of ₹17,695 Crore as of June 2025.
The company is primarily engaged in the development and construction of IT parks, hospitality projects, SEZs, office complexes, shopping malls, and residential projects in the State of Delhi, Haryana, Andhra Pradesh, Rajasthan, and NCR. The company has successfully developed more than 20 million square feet (msf) of real estate projects in the Housing, Commercial, IT Parks, Shopping Malls, Hospitality, Residential, and Affordable Housing sub-segments.
The company operates in the Real Estate Development, Construction, and Infrastructure sectors, having a portfolio spanning residential townships, group housing, IT parks, hotels, commercial complexes, malls, service apartments, warehousing, and data centers. The company has developed 9.96 Million square feet (MSF) of real estate, including residential, commercial, and IT parks, and has a 6 MW operational data center capacity.
The company's project portfolio includes various types of developments such as independent floors, luxury villas, residential plots, group housing, and commercial complexes. It is also engaged in the development of affordable homes in Tirupati; development of data center at Manesar; and development of hospitality project near Delhi airport and IGI airport.
Anant Raj has made significant strides in diversifying its business model by venturing into the data center and cloud services sector. Anant Raj Cloud is investing approximately $1.2 billion to establish a 300MW data center footprint across India, with plans to retrofit existing facilities in Manesar, Rai, and Panchkula into state-of-the-art data centers.
Through its wholly-owned subsidiary, Anant Raj Cloud Private Limited, the company has operationalized the first phase of the 3 MW Data Centre located in Manesar, with development of another 3 MW expected to be completed by Q1 FY25. The Manesar site already has 3MW in operation and 3MW coming online soon, with the full 21MW offered across 450,000 sq ft (41,800 sqm) across two floors.
The company had operationalized 6MW of IT load in Manesar and they plan to complete an additional 15MW IT Load in Manesar and 7MW IT Load in Panchkula by FY25 with a total capacity of 28MW IT Load by FY25. Further, Anant Raj plans to scale up to 307MW IT Load Data Center in the upcoming 4 to 4.5 years.
The company reported revenue of ₹540.65 Crore and net profit of ₹118.14 Crore for Q4 FY25 (March 2025). Net profit of Anant Raj rose 51.46% to ₹118.64 Crore in the quarter ended March 2025, as against ₹78.33 Crore during the previous quarter ended March 2024. Sales rose 22.16% to ₹540.65 Crore in the quarter ended March 2025, as against ₹442.59 Crore during the previous quarter ended March 2024.
For the full year FY25, the company delivered exceptional performance with net profit rising 63.10% to ₹425.54 Crore in the year ended March 2025, as against ₹260.91 Crore during the previous year ended March 2024. Sales rose 38.88% to ₹2,059.97 Crore in the year ended March 2025, as against ₹1,483.30 Crore during the previous year ended March 2024.
The company's quarterly performance for Q3 FY25 showed strong momentum with revenue jumping 35.65% to ₹543.97 Crore and net profit jumping 53.58% to ₹110.32 Crore compared to the same period last year.
In January 2024, Anant Raj completed its QIP, raising approximately ₹500 Crore. The company intends to utilize this capital for retiring debt and other general purposes. Moreover, the company projects that by December 2024, it will become a net debt-free company.
The company plans to monetize approximately ₹15,000 Crore land bank from residential sales in Gurugram in the next 4 to 5 years. Anant Raj and Birla Estates, in a 50:50 JV, developed luxury floors spanning 47 acres in Sector 63A, launching three phases totaling 1.11 million sq. ft. across 537 units in FY23, with a sales potential of INR 1,495 Crore. By September, they fully booked all units.
Data Centers generate ₹90 lakhs in revenue per MW every month, with ₹15 lakhs for running expenses. They plan to complete data centers with a total capacity of 300MW in the next 4 years, with a total capex of ₹8000-10,000 Crore.
Promoter holding in Anant Raj Ltd has gone up to 60.16% as of March 2025 from 60.00% as of June 2024. The company is listed on both NSE and BSE, with the stock code ANANTRAJ on NSE and 515055 on BSE.
The company announced its 40th AGM on July 23, 2025, with the Annual Report 2024-25 available online for shareholders. The company maintains strong corporate governance practices and regularly updates stakeholders through various regulatory filings and investor communications.
The company's strategic transformation from a traditional real estate developer to a diversified infrastructure player with significant data center capabilities positions it well for future growth in India's expanding digital economy.
