Anant Raj Limited (515055) Q3 25/26 earnings summary

Executive summary

• Revenue from operations for Q3 FY26 reached ₹641.59 Cr, up 20% YoY, with nine-month revenue at ₹1,864.79 Cr, reflecting significant year-over-year growth.

• PAT for Q3 FY26 grew 30.68% YoY to ₹144.23 Cr, with nine-month PAT at ₹408.31 Cr, both showing strong increases.

• EBITDA for Q3 FY26 was ₹188.55 Cr, up 31.96% YoY, with margins improving to 28.55%.

• Raised ₹1,100 Cr through QIP, increasing paid-up equity share capital and strengthening the balance sheet.

• Data center and allied services contributed ₹43.57 Cr in Q3 FY26.

Financial highlights

• Q3 FY26 revenue: ₹641.59 Cr (+20% YoY); EBITDA: ₹188.55 Cr (+31.96% YoY); PAT: ₹144.23 Cr (+30.68% YoY).

• 9M FY26 revenue: ₹1,864.79 Cr (+22.74% YoY); EBITDA: ₹527.13 Cr (+38.95% YoY); PAT: ₹408.31 Cr (+32.99% YoY).

• Basic and diluted EPS for Q3 FY26 were ₹4.14, up from ₹3.23 in Q3 FY25; nine-month EPS was ₹11.73, compared to ₹8.98 YoY.

• EBITDA margin for Q3 FY26: 28.55% (up 229 bps YoY); PAT margin: 21.84% (up 155 bps YoY).

• Net debt reduced from ₹1,494 Cr in FY21 to ₹50 Cr in FY25.

Outlook and guidance

• Planned launch of Group Housing 2 (1.09 msf) and luxury project "The Estate One" in Gurugram in Q4 FY26.

• Data center expansion: 2nd facility at Panchkula operational (7 MW), Manesar enhanced to 21 MW, Rai facility to add 20 MW initially.

• MoU signed with Andhra Pradesh government for 50 MW data center, total planned capacity to reach 357 MW by FY32.

• Cloud services expansion with AI-enabled infrastructure and full suite offerings (IaaS, PaaS, SaaS).