Anant Raj Limited (515055) Investor presentation summary

Strategic direction and business transformation

• Initiated a strategic demerger, creating two focused listed entities: one for real estate/infrastructure and another for digital infrastructure/cloud services, each with independent management and growth strategies.

• Real estate arm targets premium residential launches, annuity income growth, and disciplined reinvestment, leveraging a debt-free, 320-acre NCR land bank and 83 acres of marquee Delhi land.

• Digital infrastructure arm (Ashok Cloud) aims to scale data center capacity to 357 MW by FY32, expanding from colocation to sovereign cloud and AI-ready managed services.

• Strategic partnerships with government and global tech firms, including MoUs with Haryana and Andhra Pradesh, support rapid expansion and public sector opportunities.

• Shareholders to receive direct participation in both entities, unlocking value and market recognition.

Financial performance and growth

• FY26 revenue reached ₹2,060 Cr, up 162% from FY23; EBITDA grew 195% to ₹723 Cr, and PAT rose 269% to ₹426 Cr.

• Q1 FY27 revenue was ₹631.4 Cr (+6.6% YoY), with EBITDA at ₹202.7 Cr (+26.2% YoY) and PAT at ₹149.2 Cr (+18.5% YoY); EBITDA margin improved to 31.15%.

• Return on equity increased to 10.2% and return on capital employed to 9.3% by FY26.

• Net debt reduced from ₹1,626 Cr in FY21 to ₹306 Cr in FY26, with consistent dividend payouts.

• Infomerics upgraded the company’s rating to ‘A- Stable’ outlook.

Real estate and annuity business developments

• Major launches and expansions in Sector 63A, Gurugram, including luxury group housing, apartments, and club facilities, with multiple phases delivered or under construction.

• Birla Navya JV and Aashray II affordable housing in Tirupati progressing, with significant cash flow and revenue projections.

• Commercial portfolio includes fully leased Grade A buildings, hotels, and new developments, with additional rental income expected from ongoing expansions.

• Annuity business comprises 1.92 msf of commercial leasable area, providing stable long-term cash flows.