Anant Raj Target Price: The pace of the Indian economy has been slow for some time now. Its effect was seen on the quarterly results of most companies. There was some reduction in their profits. But, there is only one company on BSE, which has registered more than 50% net profit growth in every quarter since March 2022. This company is Anant Raj Limited, a well-known real estate developer of NCR. It has recently aggressively entered the data center infrastructure.
The company's stock reached an all-time high of ₹ 935 in January 2025. However, it also corrected significantly after that. It closed at 543.15 on Friday (March 21, 2025), up 5.15%. However, despite the recent decline, Anant Raj has given investors a return of up to 10 times in the last four years.
What is the business model of Anant Raj
According to Ventura Securities, Anant Raj has a balanced portfolio of residential, commercial and data centre infrastructure. This gives it good revenue from both realty sales and lease rental income. "Anant Raj has a prime land bank of 220 acres in Gurugram and 101 acres in Delhi, which guarantees long-term revenue growth," the brokerage report said.
Huge profits every quarter
In the quarter ended December 2024, Anant Raj reported a net profit of ₹110.32 crore. This is 54% higher than the ₹71.83 crore in the same quarter last year. Interestingly, the company has recorded annual growth of 57%-287% in the last 11 quarters.
Brokerage View on Anant Raj
Brokerage firm Motilal Oswal Financial Services had given a 'BUY' rating to Anant Raj in February 2025 with a target price of ₹1,085. The brokerage firm said in its report, "Anant Raj is rapidly reducing its debt. Its net debt stood at ₹54 crore at the end of Q3FY25 from ₹96 crore in Q2FY25. The 6MW IT load data center in Manesar is already operational. At the same time, 15MW (Manesar) and 7MW (Panchkula) data centers will be ready by the end of FY25. This will take the company's total data center capacity to 22MW IT load."
potential for growth in the future
Rating agency ICRA estimates that operational data center capacity in India could grow to 2,000-2,100 MW by March 2027, from 1,150 MW in December 2024. This will require an investment of ₹40,000-₹45,000 crore in FY26-27. The report also states that established and new data center players in the country plan to develop 3.0-3.5 GW of capacity, with an investment of ₹2.0-₹2.3 lakh crore in the next 7-10 years. Anant Raj can also benefit from this.
