Anant Raj Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 27, 2025, 1:18 am

Market Cap	15,742 Cr.
Current Price	459
High / Low	948/319
Stock P/E	37.0
Book Value	121
Dividend Yield	0.16 %
ROCE	11.2 %
ROE	10.9 %
Face Value	2.00
PEG Ratio	0.37

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Anant Raj Ltd

Competitors of Anant Raj Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Hampton Sky Realty Ltd	727 Cr.	26.5	38.3/20.5	30.5	5.74	0.00 %	15.7 %	10.6 %	1.00
Grovy India Ltd	63.7 Cr.	47.8	98.2/25.4	39.1	13.9	0.05 %	5.79 %	5.27 %	10.0
Gothi Plascon (India) Ltd	48.6 Cr.	47.6	53.6/32.2	31.9	12.4	4.20 %	17.8 %	12.9 %	10.0
Generic Engineering Construction & Projects Ltd	186 Cr.	32.6	71.0/22.0	18.1	48.5	0.00 %	6.61 %	4.33 %	5.00
Garnet Construction Ltd	37.9 Cr.	27.3	57.2/21.6	7.13	73.3	0.00 %	4.51 %	3.13 %	10.0
Industry Average	17,404.32 Cr	439.81		47.89	132.42	0.55%	10.40%	8.74%	6.13

All Competitor Stocks of Anant Raj Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	97	216	159	252	266	280	316	332	392	443	472	513	535
Expenses	75	191	127	213	213	206	257	252	302	338	369	400	401
Operating Profit	23	25	32	39	53	74	60	80	90	104	103	113	134
OPM %	23%	12%	20%	15%	20%	26%	19%	24%	23%	24%	22%	22%	25%
Other Income	6	15	10	14	14	10	10	9	9	11	10	11	9
Interest	6	8	8	7	6	10	7	8	8	11	4	2	3
Depreciation	4	4	4	4	4	4	4	4	5	5	5	8	8
Profit before tax	19	27	29	42	57	69	57	76	86	99	104	114	132
Tax %	46%	23%	28%	22%	22%	33%	16%	23%	19%	11%	14%	8%	17%
Net Profit	11	23	24	34	45	48	50	60	71	84	91	106	110
EPS in Rs	0.40	0.77	0.84	1.03	1.41	1.52	1.56	1.85	2.22	2.29	2.66	3.09	3.23

Last Updated: February 28, 2025, 8:37 pm

Below is a detailed analysis of the quarterly data for Anant Raj Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 535.00 Cr.. The value appears strong and on an upward trend. It has increased from 513.00 Cr. (Sep 2024) to 535.00 Cr., marking an increase of 22.00 Cr..
For Expenses, as of Dec 2024, the value is 401.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 400.00 Cr. (Sep 2024) to 401.00 Cr., marking an increase of 1.00 Cr..
For Operating Profit, as of Dec 2024, the value is 134.00 Cr.. The value appears strong and on an upward trend. It has increased from 113.00 Cr. (Sep 2024) to 134.00 Cr., marking an increase of 21.00 Cr..
For OPM %, as of Dec 2024, the value is 25.00%. The value appears strong and on an upward trend. It has increased from 22.00% (Sep 2024) to 25.00%, marking an increase of 3.00%.
For Other Income, as of Dec 2024, the value is 9.00 Cr.. The value appears to be declining and may need further review. It has decreased from 11.00 Cr. (Sep 2024) to 9.00 Cr., marking a decrease of 2.00 Cr..
For Interest, as of Dec 2024, the value is 3.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2.00 Cr. (Sep 2024) to 3.00 Cr., marking an increase of 1.00 Cr..
For Depreciation, as of Dec 2024, the value is 8.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 8.00 Cr..
For Profit before tax, as of Dec 2024, the value is 132.00 Cr.. The value appears strong and on an upward trend. It has increased from 114.00 Cr. (Sep 2024) to 132.00 Cr., marking an increase of 18.00 Cr..
For Tax %, as of Dec 2024, the value is 17.00%. The value appears to be increasing, which may not be favorable. It has increased from 8.00% (Sep 2024) to 17.00%, marking an increase of 9.00%.
For Net Profit, as of Dec 2024, the value is 110.00 Cr.. The value appears strong and on an upward trend. It has increased from 106.00 Cr. (Sep 2024) to 110.00 Cr., marking an increase of 4.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 3.23. The value appears strong and on an upward trend. It has increased from 3.09 (Sep 2024) to 3.23, marking an increase of 0.14.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 9:18 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	558	483	484	431	466	480	350	276	250	462	957	1,483	1,962
Expenses	398	342	233	295	325	370	274	224	214	386	760	1,149	1,508
Operating Profit	160	141	251	137	141	110	75	52	35	76	197	334	454
OPM %	29%	29%	52%	32%	30%	23%	22%	19%	14%	16%	21%	23%	23%
Other Income	18	18	8	24	29	49	15	10	20	39	48	37	41
Interest	16	19	55	46	54	55	28	15	31	27	32	35	19
Depreciation	14	15	28	27	27	26	22	18	17	17	17	18	27
Profit before tax	149	125	175	87	88	79	40	29	8	72	197	319	448
Tax %	28%	17%	19%	27%	24%	23%	27%	42%	97%	32%	27%	17%
Net Profit	108	100	142	70	76	66	40	24	9	53	149	271	391
EPS in Rs	3.59	3.40	4.82	2.35	2.61	2.29	1.45	0.91	0.36	1.86	4.73	7.63	11.27
Dividend Payout %	0%	7%	5%	10%	9%	10%	17%	9%	28%	6%	11%	10%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-7.41%	42.00%	-50.70%	8.57%	-13.16%	-39.39%	-40.00%	-62.50%	488.89%	181.13%	81.88%
Change in YoY Net Profit Growth (%)	0.00%	49.41%	-92.70%	59.28%	-21.73%	-26.24%	-0.61%	-22.50%	551.39%	-307.76%	-99.25%

Anant Raj Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	16%
5 Years:	49%
3 Years:	65%
TTM:	39%

Compounded Profit Growth
10 Years:	12%
5 Years:	77%
3 Years:	100%
TTM:	63%

Stock Price CAGR
10 Years:	36%
5 Years:	117%
3 Years:	93%
1 Year:	23%

Return on Equity
10 Years:	4%
5 Years:	6%
3 Years:	8%
Last Year:	11%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:43 am

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	59	59	59	59	59	59	59	59	59	59	65	68	68
Reserves	3,859	3,944	4,075	4,058	4,187	4,128	2,442	2,426	2,440	2,580	2,760	3,588	3,759
Borrowings	1,476	1,384	1,356	1,489	1,721	2,600	1,591	1,691	1,663	1,283	1,079	627	386
Other Liabilities	414	760	601	643	726	686	509	412	448	463	452	585	607
Total Liabilities	5,808	6,147	6,091	6,249	6,692	7,473	4,602	4,588	4,611	4,385	4,357	4,868	4,820
Fixed Assets	2,148	2,680	2,555	380	2,627	2,789	1,351	1,342	1,326	1,310	1,305	1,314	1,330
CWIP	563	61	169	169	145	192	146	140	90	48	18	22	32
Investments	481	550	663	2,876	649	594	402	461	423	460	460	302	307
Other Assets	2,615	2,856	2,704	2,824	3,272	3,899	2,703	2,645	2,772	2,567	2,573	3,231	3,151
Total Assets	5,808	6,147	6,091	6,249	6,692	7,473	4,602	4,588	4,611	4,385	4,357	4,868	4,820

Below is a detailed analysis of the balance sheet data for Anant Raj Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹68.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 68.00 Cr..
For Reserves, as of Sep 2024, the value is ₹3,759.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,588.00 Cr. (Mar 2024) to ₹3,759.00 Cr., marking an increase of 171.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹386.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 627.00 Cr. (Mar 2024) to ₹386.00 Cr., marking a decrease of 241.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹607.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 585.00 Cr. (Mar 2024) to ₹607.00 Cr., marking an increase of 22.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹4,820.00 Cr.. The value appears to be improving (decreasing). It has decreased from 4,868.00 Cr. (Mar 2024) to ₹4,820.00 Cr., marking a decrease of 48.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹1,330.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,314.00 Cr. (Mar 2024) to ₹1,330.00 Cr., marking an increase of 16.00 Cr..
For CWIP, as of Sep 2024, the value is ₹32.00 Cr.. The value appears strong and on an upward trend. It has increased from 22.00 Cr. (Mar 2024) to ₹32.00 Cr., marking an increase of 10.00 Cr..
For Investments, as of Sep 2024, the value is ₹307.00 Cr.. The value appears strong and on an upward trend. It has increased from 302.00 Cr. (Mar 2024) to ₹307.00 Cr., marking an increase of 5.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹3,151.00 Cr.. The value appears to be declining and may need further review. It has decreased from 3,231.00 Cr. (Mar 2024) to ₹3,151.00 Cr., marking a decrease of 80.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹4,820.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4,868.00 Cr. (Mar 2024) to ₹4,820.00 Cr., marking a decrease of 48.00 Cr..

Notably, the Reserves (3,759.00 Cr.) exceed the Borrowings (386.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	339	249	-73	-127	-305	810	-84	-150	423	33	-26	97
Cash from Investing Activity +	-87	-123	-50	-33	-229	1,707	-5	85	31	-20	181	-72
Cash from Financing Activity +	-267	-82	109	193	675	-2,679	43	83	-461	2	116	1
Net Cash Flow	-15	43	-14	33	141	-162	-46	18	-7	15	271	25

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	159.00	140.00	250.00	136.00	140.00	108.00	74.00	51.00	34.00	75.00	196.00	-293.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	60	55	71	82	87	80	65	95	64	17	20	25
Inventory Days
Days Payable
Cash Conversion Cycle	60	55	71	82	87	80	65	95	64	17	20	25
Working Capital Days	746	789	884	833	993	1,212	1,680	2,125	2,767	1,245	737	520
ROCE %	3%	3%	4%	3%	2%	2%	1%	1%	1%	2%	6%	9%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	64.99%	65.11%	63.03%	63.03%	63.21%	63.21%	63.31%	63.30%	60.01%	60.01%	60.01%	60.01%
FIIs	6.35%	4.65%	8.32%	9.12%	10.73%	10.64%	9.51%	8.96%	11.52%	13.10%	13.04%	13.07%
DIIs	0.07%	0.07%	0.08%	0.08%	0.09%	0.56%	1.66%	1.60%	3.63%	6.51%	6.69%	6.71%
Public	28.59%	30.18%	28.57%	27.76%	25.97%	25.57%	25.53%	26.14%	24.83%	20.36%	20.26%	20.21%
No. of Shareholders	54,998	55,810	53,032	52,492	48,465	46,580	50,956	57,858	63,832	74,161	1,16,891	1,56,568

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Mahindra Manulife Small Cap Fund	2,143,731	2.36	119	2,143,731	2025-04-22 17:25:42	0%
Tata ELSS Tax Saver Fund	1,013,513	1.19	56.26	1,013,513	2025-04-22 17:25:42	0%
Mahindra Manulife Mid Cap Fund	670,000	1.17	37.19	670,000	2025-04-22 17:25:42	0%
Tata Hybrid Equity Fund - Regular Plan	660,268	0.86	36.65	660,268	2025-04-22 17:25:42	0%
Aditya Birla Sun Life Dividend Yield Fund	337,837	1.2	18.75	337,837	2025-04-22 17:25:42	0%
Mahindra Manulife Business Cycle Fund	250,000	1.27	13.88	250,000	2025-04-22 17:25:42	0%
Motilal Oswal Nifty Microcap 250 Index Fund	246,774	1.02	13.7	246,774	2025-04-22 17:25:42	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	2.00	2.00	2.00	2.00	2.00
Basic EPS (Rs.)	7.96	4.73	1.92	0.43	0.98
Diluted EPS (Rs.)	7.96	4.88	1.74	0.43	0.98
Cash EPS (Rs.)	8.27	4.96	2.21	0.58	1.17
Book Value[Excl.RevalReserv]/Share (Rs.)	107.77	88.19	90.63	85.95	85.55
Book Value[Incl.RevalReserv]/Share (Rs.)	107.77	88.19	90.63	85.95	85.55
Revenue From Operations / Share (Rs.)	43.38	29.53	15.65	8.46	9.36
PBDIT / Share (Rs.)	10.86	7.56	3.91	1.88	2.10
PBIT / Share (Rs.)	10.33	7.05	3.34	1.29	1.49
PBT / Share (Rs.)	9.32	6.07	2.42	0.25	0.98
Net Profit / Share (Rs.)	7.74	4.46	1.64	0.01	0.56
NP After MI And SOA / Share (Rs.)	7.78	4.66	1.86	0.36	0.90
PBDIT Margin (%)	25.02	25.60	24.95	22.16	22.39
PBIT Margin (%)	23.81	23.87	21.34	15.28	15.97
PBT Margin (%)	21.47	20.55	15.48	3.04	10.51
Net Profit Margin (%)	17.83	15.09	10.49	0.09	6.07
NP After MI And SOA Margin (%)	17.92	15.79	11.88	4.26	9.67
Return on Networth / Equity (%)	7.27	5.34	2.07	0.42	1.07
Return on Capital Employeed (%)	8.01	5.74	2.61	0.95	1.15
Return On Assets (%)	5.46	3.46	1.25	0.23	0.58
Long Term Debt / Equity (X)	0.12	0.31	0.34	0.56	0.49
Total Debt / Equity (X)	0.17	0.33	0.37	0.59	0.55
Asset Turnover Ratio (%)	0.32	0.15	0.08	0.05	0.09
Current Ratio (X)	5.90	5.70	3.53	3.85	2.90
Quick Ratio (X)	2.85	2.57	1.69	1.50	1.12
Dividend Payout Ratio (NP) (%)	6.09	2.34	5.37	7.75	9.65
Dividend Payout Ratio (CP) (%)	5.70	2.11	4.12	2.96	5.80
Earning Retention Ratio (%)	93.91	97.66	94.63	92.25	90.35
Cash Earning Retention Ratio (%)	94.30	97.89	95.88	97.04	94.20
Interest Coverage Ratio (X)	10.73	7.71	4.26	1.81	4.11
Interest Coverage Ratio (Post Tax) (X)	8.64	5.55	2.79	1.01	2.11
Enterprise Value (Cr.)	10985.30	4864.34	2939.11	3106.53	1986.57
EV / Net Operating Revenue (X)	7.41	5.08	6.36	12.44	7.19
EV / EBITDA (X)	29.59	19.86	25.50	56.13	32.12
MarketCap / Net Operating Revenue (X)	7.18	4.15	4.24	6.44	2.11
Retention Ratios (%)	93.90	97.65	94.62	92.24	90.34
Price / BV (X)	2.91	1.40	0.74	0.64	0.23
Price / Net Operating Revenue (X)	7.18	4.15	4.24	6.44	2.11
EarningsYield	0.02	0.03	0.02	0.01	0.04

After reviewing the key financial ratios for Anant Raj Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 2.00.
For Basic EPS (Rs.), as of Mar 24, the value is 7.96. This value is within the healthy range. It has increased from 4.73 (Mar 23) to 7.96, marking an increase of 3.23.
For Diluted EPS (Rs.), as of Mar 24, the value is 7.96. This value is within the healthy range. It has increased from 4.88 (Mar 23) to 7.96, marking an increase of 3.08.
For Cash EPS (Rs.), as of Mar 24, the value is 8.27. This value is within the healthy range. It has increased from 4.96 (Mar 23) to 8.27, marking an increase of 3.31.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 107.77. It has increased from 88.19 (Mar 23) to 107.77, marking an increase of 19.58.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 107.77. It has increased from 88.19 (Mar 23) to 107.77, marking an increase of 19.58.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 43.38. It has increased from 29.53 (Mar 23) to 43.38, marking an increase of 13.85.
For PBDIT / Share (Rs.), as of Mar 24, the value is 10.86. This value is within the healthy range. It has increased from 7.56 (Mar 23) to 10.86, marking an increase of 3.30.
For PBIT / Share (Rs.), as of Mar 24, the value is 10.33. This value is within the healthy range. It has increased from 7.05 (Mar 23) to 10.33, marking an increase of 3.28.
For PBT / Share (Rs.), as of Mar 24, the value is 9.32. This value is within the healthy range. It has increased from 6.07 (Mar 23) to 9.32, marking an increase of 3.25.
For Net Profit / Share (Rs.), as of Mar 24, the value is 7.74. This value is within the healthy range. It has increased from 4.46 (Mar 23) to 7.74, marking an increase of 3.28.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 7.78. This value is within the healthy range. It has increased from 4.66 (Mar 23) to 7.78, marking an increase of 3.12.
For PBDIT Margin (%), as of Mar 24, the value is 25.02. This value is within the healthy range. It has decreased from 25.60 (Mar 23) to 25.02, marking a decrease of 0.58.
For PBIT Margin (%), as of Mar 24, the value is 23.81. This value exceeds the healthy maximum of 20. It has decreased from 23.87 (Mar 23) to 23.81, marking a decrease of 0.06.
For PBT Margin (%), as of Mar 24, the value is 21.47. This value is within the healthy range. It has increased from 20.55 (Mar 23) to 21.47, marking an increase of 0.92.
For Net Profit Margin (%), as of Mar 24, the value is 17.83. This value exceeds the healthy maximum of 10. It has increased from 15.09 (Mar 23) to 17.83, marking an increase of 2.74.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 17.92. This value is within the healthy range. It has increased from 15.79 (Mar 23) to 17.92, marking an increase of 2.13.
For Return on Networth / Equity (%), as of Mar 24, the value is 7.27. This value is below the healthy minimum of 15. It has increased from 5.34 (Mar 23) to 7.27, marking an increase of 1.93.
For Return on Capital Employeed (%), as of Mar 24, the value is 8.01. This value is below the healthy minimum of 10. It has increased from 5.74 (Mar 23) to 8.01, marking an increase of 2.27.
For Return On Assets (%), as of Mar 24, the value is 5.46. This value is within the healthy range. It has increased from 3.46 (Mar 23) to 5.46, marking an increase of 2.00.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.12. This value is below the healthy minimum of 0.2. It has decreased from 0.31 (Mar 23) to 0.12, marking a decrease of 0.19.
For Total Debt / Equity (X), as of Mar 24, the value is 0.17. This value is within the healthy range. It has decreased from 0.33 (Mar 23) to 0.17, marking a decrease of 0.16.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.32. It has increased from 0.15 (Mar 23) to 0.32, marking an increase of 0.17.
For Current Ratio (X), as of Mar 24, the value is 5.90. This value exceeds the healthy maximum of 3. It has increased from 5.70 (Mar 23) to 5.90, marking an increase of 0.20.
For Quick Ratio (X), as of Mar 24, the value is 2.85. This value exceeds the healthy maximum of 2. It has increased from 2.57 (Mar 23) to 2.85, marking an increase of 0.28.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 6.09. This value is below the healthy minimum of 20. It has increased from 2.34 (Mar 23) to 6.09, marking an increase of 3.75.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 5.70. This value is below the healthy minimum of 20. It has increased from 2.11 (Mar 23) to 5.70, marking an increase of 3.59.
For Earning Retention Ratio (%), as of Mar 24, the value is 93.91. This value exceeds the healthy maximum of 70. It has decreased from 97.66 (Mar 23) to 93.91, marking a decrease of 3.75.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 94.30. This value exceeds the healthy maximum of 70. It has decreased from 97.89 (Mar 23) to 94.30, marking a decrease of 3.59.
For Interest Coverage Ratio (X), as of Mar 24, the value is 10.73. This value is within the healthy range. It has increased from 7.71 (Mar 23) to 10.73, marking an increase of 3.02.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 8.64. This value is within the healthy range. It has increased from 5.55 (Mar 23) to 8.64, marking an increase of 3.09.
For Enterprise Value (Cr.), as of Mar 24, the value is 10,985.30. It has increased from 4,864.34 (Mar 23) to 10,985.30, marking an increase of 6,120.96.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 7.41. This value exceeds the healthy maximum of 3. It has increased from 5.08 (Mar 23) to 7.41, marking an increase of 2.33.
For EV / EBITDA (X), as of Mar 24, the value is 29.59. This value exceeds the healthy maximum of 15. It has increased from 19.86 (Mar 23) to 29.59, marking an increase of 9.73.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 7.18. This value exceeds the healthy maximum of 3. It has increased from 4.15 (Mar 23) to 7.18, marking an increase of 3.03.
For Retention Ratios (%), as of Mar 24, the value is 93.90. This value exceeds the healthy maximum of 70. It has decreased from 97.65 (Mar 23) to 93.90, marking a decrease of 3.75.
For Price / BV (X), as of Mar 24, the value is 2.91. This value is within the healthy range. It has increased from 1.40 (Mar 23) to 2.91, marking an increase of 1.51.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 7.18. This value exceeds the healthy maximum of 3. It has increased from 4.15 (Mar 23) to 7.18, marking an increase of 3.03.
For EarningsYield, as of Mar 24, the value is 0.02. This value is below the healthy minimum of 5. It has decreased from 0.03 (Mar 23) to 0.02, marking a decrease of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Anant Raj Ltd as of April 28, 2025 is: 391.02

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 28, 2025, Anant Raj Ltd is Overvalued by 14.81% compared to the current share price 459.00

Intrinsic Value of Anant Raj Ltd as of April 28, 2025 is: 778.62

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 28, 2025, Anant Raj Ltd is Undervalued by 69.63% compared to the current share price 459.00

Last 5 Year EPS CAGR: 99.12%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (3,403.54 cr) compared to borrowings (1,411.23 cr), indicating strong financial stability. The company has shown consistent growth in sales (399.92 cr) and profit (139.69 cr) over the years.	The stock has a low average ROCE of 3.08%, which may not be favorable. The stock has a high average Working Capital Days of 459.08, which may not be favorable. The stock has a high average Cash Conversion Cycle of 60.08, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Anant Raj Ltd:
1. Net Profit Margin: 17.83%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 8.01% (Industry Average ROCE: 10.4%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 7.27% (Industry Average ROE: 8.74%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 8.64
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 2.85
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 37 (Industry average Stock P/E: 47.89)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.17
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Anant Raj Ltd. is a Public Limited Listed company incorporated on 30/07/1985 and has its registered office in the State of Haryana, India. Company's Corporate Identification Number(CIN) is L45400HR1985PLC021622 and registration number is 021622. Currently Company is involved in the business activities of Construction of buildings. Company's Total Operating Revenue is Rs. 1228.60 Cr. and Equity Capital is Rs. 68.65 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Realty	Plot No. CP -1, Sector - 8, Gurgaon Haryana 122051	manojpahwa@anantrajlimited.com http://www.anantrajlimited.com

Management
Name	Position Held
Mr. Amit Sarin	Managing Director
Mr. Aman Sarin	Whole Time Executive Director & CEO
Mr. Ashim Sarin	Whole Time Executive Director & CFO
Mr. Brajindar Mohan Singh	Ind. Non-Executive Director
Mr. Rajesh Tuteja	Ind. Non-Executive Director
Mrs. Kulpreet Sond	Ind. Non-Executive Director
Mr. Maneesh Gupta	Ind. Non-Executive Director
Mr. Veerayya Chowdary Kosaraju	Ind. Non-Executive Director

FAQ

What is the intrinsic value of Anant Raj Ltd?

Anant Raj Ltd's intrinsic value (as of 28 April 2025) is ₹391.02 — 14.81% lower the current market price of 459.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 15,742 Cr. market cap, FY2025-2026 high/low of ₹948/319, reserves of 3,759 Cr, and liabilities of 4,820 Cr.

What is the Market Cap of Anant Raj Ltd?

The Market Cap of Anant Raj Ltd is 15,742 Cr..

What is the current Stock Price of Anant Raj Ltd as on 28 April 2025?

The current stock price of Anant Raj Ltd as on 28 April 2025 is 459.

What is the High / Low of Anant Raj Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Anant Raj Ltd stocks is ₹948/319.

What is the Stock P/E of Anant Raj Ltd?

The Stock P/E of Anant Raj Ltd is 37.0.

What is the Book Value of Anant Raj Ltd?

The Book Value of Anant Raj Ltd is 121.

What is the Dividend Yield of Anant Raj Ltd?

The Dividend Yield of Anant Raj Ltd is 0.16 %.

What is the ROCE of Anant Raj Ltd?

The ROCE of Anant Raj Ltd is 11.2 %.

What is the ROE of Anant Raj Ltd?

The ROE of Anant Raj Ltd is 10.9 %.

What is the Face Value of Anant Raj Ltd?

The Face Value of Anant Raj Ltd is 2.00.