| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 662 | 631 | +4.9% |
| EBITDA | 198 | 168 | +17.9% |
| EBITDA margin | 29.9% | 26.6% | +3.3 pts |
| Profit before tax | 188 | 164 | +14.2% |
| Net profit | 156 | 138 | +13.3% |
| EPS | ₹4.36 | ₹4.02 | +8.5% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 16,694 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 718 | 899 | 330 | 305 | 34.1 | ||
| 30.9 | 30.1 | 27.9 | 28.2 | 33.2 | ||
| 606 | 606 | 467 | 627 | 933 | ||
| 16,613 | — | — | — | — | ||
| 2,581 | 2,512 | 2,060 | 1,483 | 957 | ||
| — | +21.9% | +38.9% | +55.0% | — | ||
| 719 | 656 | 492 | 334 | 197 | ||
| 27.8% | 26.1% | 23.9% | 22.5% | 20.6% | ||
| 645 | 607 | 461 | 316 | 181 | ||
| 599 | 557 | 426 | 266 | 151 | ||
| 23.2% | 22.2% | 20.7% | 17.9% | 15.8% | ||
| ₹16.60 | ₹15.42 | ₹11.82 | ₹7.25 | ₹4.26 | ||
| — | +30.4% | +63.1% | +70.3% | — | ||
| — | −435 | 96.6 | 24.1 | −6.4 | ||
| — | −142 | −49.9 | −41.0 | −12.4 | ||
| −577 | −577 | 46.7 | −16.8 | −18.7 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 16,694.0 | |
| - Cash, Equiv & ST Investments | 34.1 | 305.0 | 330.0 | 899.5 | 718.3 | |
| + Minority Interest | 33.2 | 28.2 | 27.9 | 30.1 | 30.9 | |
| + Total Debt | 933.3 | 626.7 | 466.7 | 606.2 | 606.2 | |
| Enterprise Value | — | — | — | — | 16,612.8 | |
| Revenue | 956.9 | 1,483.3 | 2,060.0 | 2,511.6 | 2,581.3 | |
| Growth %, YoY | — | +55.0 | +38.9 | +21.9 | — | |
| EBITDA | 197.1 | 333.8 | 491.7 | 655.7 | 718.5 | |
| Margin % | 20.59 | 22.50 | 23.87 | 26.11 | 27.84 | |
| EBIT | 180.6 | 315.8 | 461.2 | 606.8 | 645.5 | |
| Net Income | 151.1 | 265.9 | 425.8 | 557.0 | 598.6 | |
| Margin % | 15.79 | 17.93 | 20.67 | 22.18 | 23.19 | |
| EPS, Adj (current shares) | 4.26 | 7.25 | 11.82 | 15.42 | 16.60 | |
| Growth %, YoY | — | +70.3 | +63.1 | +30.4 | — | |
| Cash from Operations | -6.4 | 24.1 | 96.6 | -434.8 | — | |
| Capital Expenditures | -12.4 | -41.0 | -49.9 | -141.9 | — | |
| Free Cash Flow | -18.7 | -16.8 | 46.7 | -576.7 | -576.7 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Anant Raj (NSE: ANANTRAJ) had a market capitalisation of ₹16,698 crore at the 29 October 2026 close (₹463.95 a share), a PE ratio of 28.0 on the last four quarters' profit and a price-to-book ratio of 2.76. In FY26 its consolidated net profit was ₹555 crore on revenue of ₹2,512 crore; in Q2 FY27 (July–September 2026) it was ₹157 crore, up 13.6% year on year. Its debt-to-equity ratio was 0.10 on 30 September 2026. Promoters held 57.42% of the shares on 30 September 2026.
Anant Raj's PE ratio is 28.0 at the 29 October 2026 close (₹463.95 a share): a market capitalisation of ₹16,698 crore divided by consolidated net profit of ₹597 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹555 crore) it is 30.1.
Anant Raj's net worth — shareholders' equity in its consolidated balance sheet — was ₹6,056 crore on 30 September 2026, up 37.7% from ₹4,400 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹16,698 crore at the 29 October 2026 close.
Anant Raj's book value per share was ₹168.28 on 30 September 2026: shareholders' equity of ₹6,056 crore divided by the 35.99 crore shares in issue, up 31.3% from ₹128.18 a year earlier. The share price at the 29 October 2026 close was ₹463.95.
Anant Raj's price-to-book (PB) ratio is 2.76 at the 29 October 2026 close: a market capitalisation of ₹16,698 crore divided by shareholders' equity (book value) of ₹6,056 crore on 30 September 2026. That is a book value of ₹168.28 per share against a share price of ₹463.95.
No. Anant Raj had borrowings of ₹603 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.10. Its cash and current investments were ₹730 crore, so it held net cash of ₹127 crore.
In FY26, Anant Raj's return on equity (ROE) was 11.2% and its return on capital employed (ROCE) was 10.8%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 10.9% and ROCE 10.1%.
Anant Raj's market capitalisation was ₹16,698 crore at the 29 October 2026 close: 35.99 crore shares at ₹463.95 each.
Anant Raj's basic earnings per share (EPS) were ₹15.81 in FY26, against ₹12.43 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹16.84.
In 2026, Anant Raj has declared one dividend: ₹1 with record date 31 July 2026.
Anant Raj's debt-to-equity ratio was 0.10 on 30 September 2026: borrowings of ₹603 crore against total equity of ₹6,087 crore. A year earlier, on 30 September 2025, it was 0.11.
Anant Raj's dividend yield is 0.22% at the 29 October 2026 close: dividends of ₹1 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹463.95. They were ₹1 on 31 July 2026.
Promoters held 57.42% of Anant Raj on 30 September 2026, unchanged from the previous quarter and down 2.70 percentage points from 60.12% a year earlier, according to the shareholding pattern filed with NSE.
On 30 September 2026, Anant Raj's shares were held by promoters 57.42%, foreign portfolio investors (FII/FPI) 10.95%, domestic institutions (DII) 4.55% (including mutual funds at 3.08%) and retail and other non-institutional investors 27.07%. Over the year, FII holding was up 0.23 percentage points from 10.72% and DII holding was down 1.27 percentage points from 5.82%.
At the 29 October 2026 closing prices, on FY26 net profit, Anant Raj's PE ratio is 30.1, the third highest of the four: DLF 38.9, Signatureglobal 9.2 and Sobha 63.9, a peer average of 37.3. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Anant Raj earned net profit of ₹555 crore on revenue of ₹2,512 crore, against ₹4,415 crore on ₹8,194 crore for DLF. Anant Raj's operating margin was 24.2% (DLF 15.9%) and its return on equity 11.2% (DLF 10.0%). At the 29 October 2026 close, Anant Raj's market capitalisation was ₹16,698 crore against ₹1,71,872 crore for DLF, and its PE ratio on FY26 profit 30.1 against 38.9.
In FY26, Anant Raj generated ₹435 crore of cash from operations and spent ₹142 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹577 crore. In FY25 it was ₹46.7 crore.
Anant Raj's latest results are for Q2 FY27 (July–September 2026), filed on 28 October 2026: consolidated net profit ₹157 crore, up 13.6% from ₹138 crore in Q2 FY26; revenue from operations ₹662 crore, up 4.9% year on year.
Anant Raj has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
In FY26 (April 2025–March 2026), Anant Raj's consolidated net profit was ₹555 crore, up 30.4% from ₹426 crore in FY25, on revenue from operations of ₹2,512 crore (up 21.9%). Over three years, from FY23, net profit was up 262.1%.
On FY26 consolidated figures, against DLF, Signatureglobal and Sobha: Anant Raj's operating margin of 24.2% is the highest of the four (DLF 15.9%, Signatureglobal −3.1%, Sobha 3.9%; peer average 5.6%); its return on equity of 11.2% is the second highest of the four (DLF 10.0%, Signatureglobal 85.0%, Sobha 4.2%; peer average 33.1%); its revenue growth over three years of 37.9% a year is the highest of the four (DLF 12.9% a year, Signatureglobal 17.9% a year, Sobha 16.2% a year; peer average 15.6% a year).
From Anant Raj's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.