Anant Raj Ltd
Anant Raj Ltd (ANANTRAJ)

Anant Raj Ltd (ANANTRAJ)

₹69.151.92%

Key Stats

₹68.55
Day's Price Range
₹71.5
₹43
52-Week Price Range
₹86
1 Month Return17.01 %
3 Month Return44.91 %
1 Year Return9.89 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 92
36.61
EPS
Rank 72
₹1.92
BVPS
Rank 53
₹84.7
Dividend Yield
Rank 39
0.18%
ROE
Rank 146
0.82%
Price To Book Ratio
Rank 40
0.82
Debt To Asset
Rank 158
0.45

Company Information

Anant Raj Industries Ltd is one of the leading copnstruction and infrastructure developers in North Capital Region NCR. Their name has become synonymous with the highest quality excellence and innovation in the field of real estate development. The company manufactures ceramic wall and floor tiles in plain colour and decorative types. The manufacturing facilities is located at Rewari in Haryana. The company is also in the process of building Special Economic Zones SEZ IT Parks Hotels Commercial Complexes Malls Residential / Service Apartment and other infrastructure projects.Anant Raj Industries was incorporated on July 30 1985 as Anant Raj Clay Products and was promoted by Anil Sarin Ashok Sarin M L Bhasin H L Bhasin and the Haryana State Industrial Development Corporation HSIDC. In the year 1989 the company commenced design manufacture and sales of ceramic tiles under the brand name Romano.In the year 1997 the company expanded the production capacity from 3500 to 8000 sq mtr per day by adding imported equipment. During the year 200203 the company increased the production capacity of Ceramic Tiles by 12000 MT to 36000 MT and they further increased the capacity by 27000 MT during the year 200506. Thus the total production capacity has increased to 63000 MT.In the year 2005 the company entered into the new emerging business opportunities in real estate development. In the order to achieve forward integration of ceramic tiles business and economies of scale in their operation enhance shareholders value the company decided to consolidate their construction and development business into Anant Raj Industries Ltd. So group companies carrying on the similar business of construction and development were acquired on three phases.In the first phase five group companies which are engaged in development of Hospitality IT Parks and Service Apartments merged with the company with effect from April 1 2005. The five group companies are Kalinga Meadows Ltd Sarvodya Builders Pvt Ltd B T Estates Pvt Ltd Camation Buildcon Pvt Ltd and elegant Buildtech Pvt Ltd.In the second phase three group companies namely Grand meadows Ltd Papillon Estates Ltd and Roseview Estates Pvt Ltd were amalgamated with the company and the company take over the business of Bhasin Resorts Pvt Ltd effective from April 1 2006.In the third phase twelve group companies namely Anant Raj Export Pvt Ltd Greenwood Promoters Pvt Ltd Jasmine Promoters Pvt Ltd Mayur Buildtech Pvt Ltd Northland Estates Pvt Ltd Parkland Promoters Pvt Ltd Rockfield Buildtech Pvt Ltd Springdales Estates Pvt Ltd Sunrise Buildtech Pvt Ltd Victor Promoters Pvt Ltd West Land Buildtech Pvt Ltd and Anant Raj Agencies Pvt Ltd were merged with the company effective from January 1 2007.The company made a joint venture agreement with several companies. The company signed a joint venture with Althoff Hotels a German company operates Business and Boutique Hotels to run a Boutique Hotel in South Delhi. They made a joint venture agreement with Atkiens Spence to operate the hotel projects at South Delhi and Manesar in Haryana. In this the first hotel namely Romano Retreat was started in April 2008 and other two hotels namely Romani Exotica and Romano Towers will be opened during the financial year 200809.The group companies has formalized two joint ventures with GIC a Singapore based investment management firm. One for developing hotels and second for setting up of IT Parks and other Infrastructural projects. The group entered into a joint venture agreement with Sonata Investment of the Reliance group for jointly developing and constructing two hotels and an SEZ project.The company is in the process of setting up ceramic unit in Jahagadia in Gujarat with the investment of Rs 60 crore. The company is in the process of constructing an IT Park at Manesar and Rai in Haryana. Also the company has been granted by the Ministry of Commerce Government of India to the proposal for development of an IT Special Economic Zone SEZ of 25 acres land with the expected cost of Rs 1000 crore at Rai in Haryana. In June 2008 Acacia Real Estate Limited a Bahrain based Development Fund has entered into a Joint Venture Agreement with the Company to acquire minority stake in one of their Wholly Owned Subsidiary Anant Raj Projects Pvt Ltd for a sum of Rs. 216.38 crore.
OrganisationAnant Raj Ltd
HeadquartersIMT Manesar
IndustryRealty