Anant Raj Ltd share Price

Anant Raj Limited is a leading construction and infrastructure developer in Delhi and North Capital Region and has a market capitalisation of Rs. 1944.68 crore. The company is a well-known name in the field of real estate development and was incorporated on July 30, 1985, as Anant Raj Clay Products. The last year’s revenue of Anant Raj Limited was Rs. 249.66 crore. It is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under the number 515055 and scrip code ANANTRAJ.

The company is well-known for manufacturing ceramic wall and floor tiles in plain, as well as decorative designs, and it has its manufacturing unit in Rewari, Haryana. The company is also in the business of building IT parks, hotels, malls, commercial complexes, infrastructure projects, residential apartments, and Special Economic Zones (SEZs). After its incorporation, the company was only in the business of manufacturing and sales of ceramic tiles. Later in 2005, it entered the business of real estate development. It acquired several companies in the process, including Kalinga Meadows Limited, Sarvodaya Builder Pvt. Ltd., Camation Buildcon Pvt. Ltd., Sunrise Buildtech Pvt. Ltd., Greenwood Promoters Pvt. Ltd., and Victor Promoters Pvt. Ltd. among several others. The company also signed joined-ventures with private hotel chains in Delhi, including Altoff Hotels and Atkiens Spence. The company entered into a joint-venture agreement with the Reliance Group for developing two hotels in an SEZ project in Delhi. The company is planning to set up its ceramic manufacturing unit in Jahagadia, Gujarat, with an investment of Rs. 60 crore. It has also got a proposal from the Ministry of Finance to build an IT SEZ on 25 acres in Haryana.

In December 2021, the company reported a net profit of Rs. 11.82 crore as opposed to Rs. 7.41 crore in December 2020. The net sales of the company went up by 34.01% from the last year to Rs. 97.37 crore. The EBITDA for December 2021 stands at Rs. 28.63 crore as compared to Rs. 14.97 crore in December 2020. The Anant Raj share price closed at Rs. 65.50 (BSE) per Anant Raj share on April 4, 2022 and has delivered a one-year return of 21.16%. 

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