# Anant Raj share price today (Anant Raj Ltd, NSE: ANANTRAJ)

> Anant Raj share price today: ₹443.65 at the NSE close on 3 November 2026, down 31.2% in a year. Anant Raj (NSE: ANANTRAJ) is worth ₹15,976 crore, trades at a P/E of 26.8 and has closed between ₹437.30 and ₹629.95 over the past 52 weeks. > Anant Raj Ltd's earnings have grown faster than its share price. Earnings per share grew +24.4% in a year while the price moved −31.2%. ANANTRAJ · Data Centre · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/anant-raj-ltd

Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms

## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: ₹443.65 (−31.2% in a year)
- P/E: 26.8× (lower than 57% of the last 11 years)
- Revenue (Sep 2026): ₹662 Cr (+4.9% on a year ago)
- Profit (Sep 2026): ₹156 Cr (+13.0% on a year ago)
- Operating margin: 30.0% (+3.0 points on a year ago)
- ROCE: 12%, FY26
- ROIC: 9.1%, against a 12.0% cost of capital: −2.9 points

The main question: profits are rising, but only −17% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the Anant Raj share price today? Anant Raj Ltd's share price was ₹443.65 at the close on 3 November 2026. It has been rising for 15 weeks. That is 20.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹437 and ₹630, and at that close it sat 3% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 4 weeks running. Over the last 11 years the share price moved +2,348% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 9 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Anant Raj this quarter? Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), profit up on a year earlier for 12 quarters in a row (every quarter we can compare) and indian funds and insurers (DIIs) cut their stake for 7 quarters in a row. 1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare) In the September 2026 quarter revenue was ₹662 crore, +4.9% on a year earlier. 2. Profit up on a year earlier for 12 quarters in a row (every quarter we can compare) In the September 2026 quarter profit was ₹156 crore, +13% on a year earlier. 3. Indian funds and insurers (DIIs) cut their stake for 7 quarters in a row From 6.7% to 4.6% of the company by the September 2026 quarter. ## What are Anant Raj's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Anant Raj reported revenue of ₹662 crore, up 4.9% from ₹631 crore a year earlier, and a profit of ₹156 crore, up 13.0% from ₹138 crore. ### Anant Raj results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹662 crore | ₹631 crore | +4.9% |
| Profit | ₹156 crore | ₹138 crore | +13.0% |
| Earnings per share | ₹4.36 | ₹4.02 | +8.5% |
| Operating margin | 30.0% | 27.0% | +3.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). The newest call in our records is from 12 November 2025, about July to September 2025; a call about these results is not in our records yet. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the Anant Raj share price history? Anant Raj closed at ₹443.65 on 3 November 2026, down 31.2% from ₹644.40 a year earlier (31 October 2025) and up 561.7% over five years. Its highest weekly close since March 2016 was ₹899.50 on 17 January 2025. ### Anant Raj share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹460.40 | −3.6% |
| 1 month ago · 1 Oct 2026 | ₹577.85 | −23.2% |
| 6 months ago · 30 Apr 2026 | ₹486.90 | −8.9% |
| 1 year ago · 31 Oct 2025 | ₹644.40 | −31.2% |
| 3 years ago · 3 Nov 2023 | ₹241.90 | +83.4% |
| 5 years ago · 4 Nov 2021 | ₹67.05 | +561.7% |
| 10 years ago · 4 Nov 2016 | ₹27.81 | +1,495.3% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹18.12 | +2,348.4% |
| Highest weekly close since March 2016 · 17 Jan 2025 | ₹899.50 | −50.7% |
| Lowest weekly close since March 2016 · 22 May 2020 | ₹8.06 | +5,404.3% |
| 52-week high (weekly close) · 14 Aug 2026 | ₹629.95 | −29.6% |
| 52-week low (weekly close) · 27 Mar 2026 | ₹437.30 | +1.5% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (563 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Anant Raj? 3 Nov 2026: Anant Raj closed at ₹443.65, down 3.6% on the week and down 23.2% on the month. Results for July to September 2026: Revenue up 4.9% and profit up 13.0% on a year earlier. ### Earlier

- 31 Jul 2026: ex-date for a dividend of ₹1 a share. - 12 Nov 2025: Anant Raj held its results call for July to September 2025. ## What dividend does Anant Raj pay? Anant Raj paid ₹1 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.23% at the ₹443.65 close on 3 November 2026. The last was a dividend of ₹1 a share, ex-date 31 July 2026. ### Anant Raj dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 31 Jul 2026 | ₹1 | Dividend |
| 16 Jul 2025 | ₹0.73 | Dividend |
| 12 Jul 2024 | ₹0.73 | Dividend |
| 27 Jun 2023 | ₹0.50 | Dividend |
| 1 Jul 2022 | ₹0.12 | Dividend |
| 22 Sep 2021 | ₹0.10 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Not in its latest year. Anant Raj Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 12 of its last 13 reported years, so there is a history but no current dividend. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Anant Raj management say on the latest results call? On the call for July to September 2025, held on 12 November 2025, Anant Raj's management spoke about the quarter; the main points are below. > “We are a sovereign cloud of the country, and today sovereign cloud has a very strong demand for itself, and this demand is only growing. We have enough demand right now. There is no problem with us with the demand. The bottleneck till we completed the QIP was the fund. Fortunately, we have that now”
> Amit Sareen, Managing Director, on the call for July to September 2025

Source: [the call transcript](https://files.tijorifinance.com/insight/india/1847/Conference Call/CC-Nov25.pdf). (From the call for July to September 2025, 12 November 2025. The July to September 2026 results are out since, so this part may be out of date until we update it.)

## Which stock lists is Anant Raj on? Anant Raj is on 3 of our India lists: Small & mid cap stocks, AI & data centre stocks and Real estate, REIT & cement. - [Small & mid cap stocks Size rank in India: 407](https://www.sectoralpha.in/small-cap-stocks-india)
- [AI & data centre stocks Group on the list: Data centre operators](https://www.sectoralpha.in/ai-stocks-india)
- [Real estate, REIT & cement Group on the list: Home and office developers](https://www.sectoralpha.in/sectors/real-estate-stocks-india)

## Is Anant Raj profitable? Anant Raj Ltd earned ₹156 Cr of net profit in the Sep 2026 quarter, +13.0% on the same quarter a year earlier. That is the 12th quarter in a row of profit growth. Full-year FY26 profit was ₹559 Cr. Over 10 years profit has grown 23.1% a year on average. That is 23.6% of the quarter's revenue. The same quarter a year earlier earned ₹138 Cr. For the full year, FY26 profit was ₹559 Cr (+31.2% on the year before). Why profit moved: revenue changed +4.9% on a year earlier and the margin moved +3.0 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +21.8% and revenue +12.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Anant Raj make, and is it growing? Anant Raj Ltd reported ₹662 Cr of revenue in the Sep 2026 quarter, +4.9% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 19.3% a year on average. The last full year, FY26, came in at ₹2,512 Cr. The last four reported quarters add to ₹2,582 Cr. FY26 revenue was ₹2,512 Cr, +21.9% on the year before. Recent pace: the last four quarters grew +12.8% on average, against 19.3% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +12.3%, against +19.1% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +21.3%, against +30.3% a year (rolling over). ## How much of every ₹100 of sales does Anant Raj keep? Anant Raj Ltd's operating margin was 30.0% in the Sep 2026 quarter, 3.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 14.0% and 52.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +3.3 percentage points on the year while gross margin changed +5.0 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Anant Raj's profit turning into cash? Over the last 3 years Anant Raj Ltd's operations used more cash than they brought in, so cash conversion was −17%, a gap worth watching. In FY26 its operations used ₹435 Cr of cash, against ₹559 Cr of profit. After ₹478 Cr of spending on assets, free cash was −₹913 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why −17% of profit came in as cash: the cash cycle got 38 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: the bigger use of cash is spending on new assets, at 6.2× depreciation over three years. The next section checks what that spending is building. ## Where does Anant Raj's cash go? Anant Raj Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 26 days in FY26, down from 64 days in FY21. It spent ₹606 Cr on assets over the last 3 years. Customers take 26 days to pay, and stock sits for 220 days on average. At FY26 sales of ₹2,512 Cr, each day of that cycle ties up about ₹6.9 Cr, so roughly ₹179 Cr is tied up in the business at any time. FY26: customers took 26 days to pay and stock sat for 220 days, about 7.2 months of sales sitting as stock, for a full cycle of 26 days, shorter than FY21's 64. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 220 days. Customers pay about 26 days after that. Suppliers are paid at 9 days. Together that makes the 26-day cycle. Spending on assets: ₹606 Cr over the last 3 years, against ₹97.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹39.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Anant Raj's P/E ratio, and how does it compare with its own history? Anant Raj Ltd's P/E is 26.8×, in the middle of its own history: higher than 43% of past readings. Its usual P/E (the middle reading) is 32.1×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +24.4% while the price moved −31.2%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +45.9% a year; about +78.4% a year came from earnings growth and about −32.5 percentage points from the multiple (the market paying less); over 10 years the price moved +31.9% a year; about +21.8% a year came from earnings growth and about +10.1 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Anant Raj business getting better or worse? Anant Raj Ltd's business is giving mixed signals. Growth is slowing from a very fast pace: revenue growth has eased from +52.4% at its peak to +12.3%, but the business is still expanding, with ROCE steady at 12.4%. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## How much does Anant Raj earn on its capital? Anant Raj Ltd earned a ROCE of 12% in FY26. That is up from a low of 1% in FY19. Its return on capital used (ROIC) is 2.9 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 22.3% net margin and 0.37× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 22.3% net margin × 0.37× asset turnover × 1.19× leverage (assets divided by equity) ≈ 9.8% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 9.1% − 12.0% = −2.9 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 9.1% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 10.2%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Anant Raj have too much debt? Anant Raj Ltd has total debt of ₹767 Cr against shareholder equity of ₹6,087 Cr as of Sep 2026, so its debt is 0.13× its equity, which is very little. Year by year, that ratio went from 0.48 in FY22 to 0.12 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Anant Raj shareholding pattern? Promoters cut their stake in Anant Raj Ltd by 2.6 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 57.4% of the company. Foreign institutions moved −2.1 points over the same period, to 11.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −2.6 points over 8 quarters, to 57.4%; Foreign institutions: −2.1 points over 8 quarters, to 11.0%; Domestic institutions: −2.1 points over 8 quarters, to 4.5%. Why the owners changed: promoters drove it (−2.6 points), together with foreign institutions (−2.1 points). They reduced their stake. ## How far is Anant Raj from balance-sheet trouble? For Anant Raj Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Anant Raj rank in its industry? 45.2 out of 100, rank 4 of 5 in Data Centre, with 93% of the evidence available. Anant Raj Ltd scores 45.2 out of 100 against the 5 companies it is compared with in Data Centre, ranking 4. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 22.4 + 11.8 + 10.2 + 0.8 = 45.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Anant Raj compared with? Anant Raj ranks 4 of 5 Data Centre companies on the 4-Factor Sector Score, with 45.2 out of 100. 1. [E2E Networks Ltd](https://www.sectoralpha.in/stocks/e2e-networks-ltd) E2E · leader · Evidence leans up · 74% evidence 59.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.6/35 · Revenue 100% · Profit 100% · Operating margin change 36 points · 74% evidence Capital efficiency 9.3/25 · ROCE -0.5% · Operating margin 77% · 100% evidence Valuation 8.5/20 · P/E 91.2× · PEG n/a · 15% evidence Relative strength 14.0/20 · Lead over its industry 35% · Lead over NIFTY 500 44.3% · 1 year 68.3% · 100% evidence · 12 of 12 weeks ahead Exact sum: 27.6 + 9.3 + 8.5 + 14 = 59.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Netweb Technologies India Ltd](https://www.sectoralpha.in/stocks/netweb-technologies-india-ltd) NETWEB · losing its lead · Evidence leans up · 83% evidence 54.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.1/35 · Revenue 100% · Profit 100% · Operating margin change 0 points · 100% evidence Capital efficiency 17.4/25 · ROCE 37.5% · Operating margin 15% · 100% evidence Valuation 9.3/20 · P/E 67.8× · PEG n/a · 15% evidence Relative strength 8.1/20 · Lead over its industry -2.2% · Lead over NIFTY 500 9.5% · 1 year 3.3% · 100% evidence · 9 of 12 weeks ahead Exact sum: 20.1 + 17.4 + 9.3 + 8.1 = 54.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Black Box Ltd](https://www.sectoralpha.in/stocks/black-box-ltd) BBOX · turning · Evidence leans up · 96% evidence 51.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.2/35 · Revenue 12.2% · Profit 6.1% · Operating margin change 1 points · 88% evidence Capital efficiency 15.3/25 · ROCE 21.6% · Operating margin 9% · 100% evidence Valuation 4.5/20 · P/E 49.5× · PEG 2.36 · 100% evidence Relative strength 19.2/20 · Lead over its industry 8.9% · Lead over NIFTY 500 20.5% · 1 year 50.1% · 100% evidence · 3 of 12 weeks ahead Exact sum: 12.2 + 15.3 + 4.5 + 19.2 = 51.2 · What this means: Relative strength against the index is 20.5%, and revenue and profit growth are weak. 4. Anant Raj Ltd this page ANANTRAJ · quiet · Evidence leans down · 93% evidence 45.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.4/35 · Revenue 12.3% · Profit 21.3% · Operating margin change 3 points · 100% evidence Capital efficiency 11.8/25 · ROCE 12.1% · Operating margin 30% · 100% evidence Valuation 10.2/20 · P/E 27× · PEG 1.81 · 65% evidence Relative strength 0.8/20 · Lead over its industry -25.2% · Lead over NIFTY 500 -13.9% · 1 year -30.6% · 100% evidence · 8 of 12 weeks ahead Exact sum: 22.4 + 11.8 + 10.2 + 0.8 = 45.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Techno Electric & Engineering Company Ltd](https://www.sectoralpha.in/stocks/techno-electric-engineering-company-ltd) TECHNOE · quiet · Evidence leans down · 81% evidence 41.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.8/35 · Revenue 38.7% · Profit -6.5% · Operating margin change -2 points · 88% evidence Capital efficiency 12.1/25 · ROCE 14.9% · Operating margin 16% · 100% evidence Valuation 11.9/20 · P/E 22.4× · PEG 1.63 · 100% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -18.8% · 1 year -37.1% · 25% evidence · 0 of 12 weeks ahead Exact sum: 9.8 + 12.1 + 11.9 + 7.5 = 41.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Data Centre](https://www.sectoralpha.in/sectors/data-centre), all 5 compared on one page. ## Which companies are close to Anant Raj in size? Anant Raj is the 2nd largest of 5 Data Centre companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Netweb Technologies India. Just below it: Black Box, E2E Networks and Techno Electric & Engineering Company. ### Data Centre companies close in size

1. [Netweb Technologies India Ltd](https://www.sectoralpha.in/stocks/netweb-technologies-india-ltd) ₹24,805 crore
2. Anant Raj Ltd ₹16,097 crore
3. [Black Box Ltd](https://www.sectoralpha.in/stocks/black-box-ltd) ₹14,150 crore
4. [E2E Networks Ltd](https://www.sectoralpha.in/stocks/e2e-networks-ltd) ₹10,698 crore
5. [Techno Electric & Engineering Company Ltd](https://www.sectoralpha.in/stocks/techno-electric-engineering-company-ltd) ₹9,645 crore

[All 5 Data Centre companies, largest first](https://www.sectoralpha.in/sectors/data-centre#all-companies)

### Companies close in size in other industries

1. [Dr Agarwals Health Care Ltd](https://www.sectoralpha.in/stocks/dr-agarwals-health-care-ltd) ₹16,144 crore · Hospitals/Medical Services
2. [Elgi Equipments Ltd](https://www.sectoralpha.in/stocks/elgi-equipments-ltd) ₹16,132 crore · Compressors
3. Anant Raj Ltd ₹16,097 crore
4. [Choice International Ltd](https://www.sectoralpha.in/stocks/choice-international-ltd) ₹16,070 crore · Finance - Capital Markets - Brokers
5. [ERIS Lifesciences Ltd](https://www.sectoralpha.in/stocks/eris-lifesciences-ltd) ₹16,044 crore · Pharma - Formulators

## What else do people ask about Anant Raj? ### What is Anant Raj's share price today? Anant Raj Ltd's share price is ₹443.65, −31.2% over the past year. The whole company is worth ₹15,976 Cr on the market. In the last 52 weeks it traded between ₹437 to ₹630; today it is 3% of the way up from the low, 20.6% below its 200-day average (as of 3 November 2026). ### What were Anant Raj's latest quarterly results? Anant Raj Ltd reported revenue of ₹662 Cr and net profit of ₹156 Cr for the Sep 2026 quarter. Revenue rose 4.9% and profit rose 13.0% compared with a year earlier. Earnings per share were ₹4.36. The operating margin was 30.0%, 3.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Anant Raj's market cap? Anant Raj Ltd's market capitalisation is ₹15,976 Cr at a share price of ₹443.65. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Anant Raj performing? Anant Raj Ltd's share price has been rising for 15 weeks. In its latest quarter, revenue rose 4.9% and profit rose 13.0% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 4 weeks running (as of 3 November 2026). ### Will Anant Raj's share price go up? This page does not forecast Anant Raj Ltd's share price. What it shows instead: the share price is ₹443.65, and it has been rising for 15 weeks. Its P/E of 26.8× is higher than 43% of its own last 11 years (as of 3 November 2026). ### Who owns Anant Raj? Promoters own 57.4% of Anant Raj Ltd, foreign institutions 11.0%, domestic institutions 4.5% and the public 27.1% (latest quarter). The biggest change over the last two years: Promoters cut their stake by 2.6 percentage points over 8 quarters (as of 3 November 2026). ### Does Anant Raj have too much debt? No, Anant Raj Ltd has little debt: its debt is 0.12× its equity, and its operating profit is 55 times its interest bill. FY26 borrowings were ₹681 Cr against equity of ₹5,789 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Anant Raj in its business cycle? Anant Raj Ltd's FY26 operating margin was 26.0%, against a 13-year range of 14.0% to 52.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 30.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Anant Raj story? The main question: profits are rising, but only −17% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Anant Raj a stock worth studying right now? What the numbers show: Anant Raj Ltd's earnings have grown faster than its share price. Earnings per share grew +24.4% in a year while the price moved −31.2%. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

- Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india
- AI & data centre stocks: https://www.sectoralpha.in/ai-stocks-india
- Real estate, REIT & cement: https://www.sectoralpha.in/sectors/real-estate-stocks-india

This is research, not advice. We’re not SEBI-registered.