Shares of Anant Raj Ltd. surged 7% to ₹634.6 on Thursday, significantly outperforming the broader market amid a 0.4% rise in the BSE Sensex to 76,889. The stock touched an intraday high of ₹634.6, marking a 7.94% rise from its previous close, and has now recorded gains for two consecutive sessions with a 6.96% return in this short span. According to market data, the stock's 5.04 percentage-point outperformance over the sector contrasts sharply with the Sensex's modest 0.24% rise, highlighting a stock-specific event rather than a broad market rally. The stock has demonstrated resilience with a 0.74% gain over the past month, outperforming the Sensex which declined 2.40% in the same period, and a 4.16% gain versus the Sensex's 0.23% loss over one week.
Anant Raj announced robust earnings for the quarter ended June 2026, as reported by CNBC TV18. Net profit rose 19% to ₹150 crore from ₹126 crore in the year-ago period. Revenue grew 7% to ₹631 crore from ₹592 crore, while EBITDA increased 22% to ₹183 crore from ₹151 crore. The EBITDA margin also improved to 29.1% from 25.4% in the year-ago period, demonstrating enhanced operational efficiency. According to latest Univest data, the company's EPS stands at ₹16.08 and book value per share at ₹164.72, providing additional context to earnings and balance-sheet value.
Anant Raj demonstrates strong operational efficiency with a ROE of 11.14% and ROCE of 12.23%, both figures significantly above the benchmark median of 3.67% and 6.28% respectively, as reported by Univest. The company's P/E ratio of 36.57x compares favorably with the displayed peer median of 24.4x, while its P/B ratio of 3.57x provides relevant valuation context for fundamental analysis. Among the five peers shown, Anant Raj has a market capitalisation of ₹21,140.97 crore, making it a meaningful mid-to-large realty name in the sector. The stock's long-term performance has been impressive with a three-year return of 186.22% and a five-year return exceeding 890%, far outpacing the Sensex's respective 17.39% and 32.04% gains.
In June, the company incorporated Anant Raj Cloud Singapore Pte Ltd as a wholly owned subsidiary to resell and provide co-location and cloud services, including artificial intelligence services, to overseas customers using the data centre and cloud infrastructure being developed by the company in India. As reported by CNBC TV18, the company also completed the acquisition of the remaining 25% stake in Romano Projects Private Limited in April, through the purchase of 12,500 fully paid-up equity shares. This increased Anant Raj's holding in the company from 75% to 100%, making Romano Projects a wholly owned subsidiary.
In July, Anant Raj's board approved a Composite Scheme of Arrangement to separate its data centre and cloud services business from its real estate and infrastructure operations. According to CNBC TV18, under the proposed plan, Anant Raj would continue as the group's real estate and infrastructure business, while Ashok Cloud Private Limited would operate as a dedicated digital infrastructure and cloud services company, with a focus on data centres, cloud services and artificial intelligence workloads. The demerger is subject to approvals from the NCLT, SEBI, stock exchanges, and other regulatory authorities. Under the scheme, shareholders of Anant Raj will receive one share of Ashok Cloud for each share held in Anant Raj.
