Anant Raj Limited (515055) Q1 24/25 earnings summary

Executive summary

• Achieved strong financial growth in Q1FY25 with significant YoY increases in revenue, EBITDA, and net profit, alongside a notable reduction in net debt.

• Board approved unaudited standalone and consolidated results for Q1 FY25 on July 27, 2024.

• Expanded operational data center capacity and advanced residential and commercial project pipelines.

• Strategic partnerships established to enhance data center and cloud service offerings.

• Group's business is focused on real estate development, with all activities domiciled in India.

Financial highlights

• Q1FY25 consolidated revenue rose 48% YoY to INR 482 crores; reported as ₹471.83 crore in another source.

• EBITDA increased 64% YoY to INR 113 crores.

• Consolidated net profit for Q1FY25 surged 82% YoY to INR 91 crores (₹91.01 crore).

• Net debt reduced to INR 220 crores from INR 290 crores in Q4FY24.

• Basic and diluted EPS (consolidated) for Q1FY25 was ₹2.66, up from ₹1.56 in Q1FY24.

Outlook and guidance

• Targeting net debt-free status by end of calendar year 2024.

• Plans to scale data center capacity to 307 MW IT Load within 4-5 years.

• Residential sales in Sector 63A, Gurugram expected to generate INR 15,000 crores over 4-5 years.

• Cloud services facility to be operational by Q4FY25.

• Revenue and cost estimates are reviewed periodically, with changes recognized in the period determined.