Anant Raj Reports Strong Q4 & Full FY26 Results; Net Profit Up 23.6% YoY, Revenue Crosses ₹2,500 Crore

Anant Raj Posts Strong FY26 Results; Board Explores Strategic Demerger

Anant Raj Limited's Board of Directors, at its meeting held on May 11, 2026, approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. Consolidated revenue from operations grew to ₹2,511.60 crores and net profit rose to ₹557.02 crores for FY26.

Full-Year Performance Accelerates Profitability

Revenue from operations grew to ₹2,511.60 crores for the year ended March 31, 2026, compared to ₹2,059.97 crores in the year ended March 31, 2025. This represents 21.92 percent year on year growth. The earnings growth outpaced revenue gains: Net profit for the year rose to ₹557.02 crores from ₹425.82 crores in the prior year, translating to 30.81 percent expansion.

On a quarterly basis, Q4 EBITDA improved to ₹170 crores from ₹142 crores in Q4 FY25, reflecting year-on-year operational growth. However, the EBITDA margin moderated slightly to 25.81% from 26.33% in the same period last year. At the full-year level, EBITDA expanded 35.94 percent to ₹723.15 crore and margin widened to 28.04 percent from 25.33 percent.

Q4 Results Show Sustained Momentum

Revenue from operations, including income from data centers, rose 19.64 percent year on year to ₹646.81 crore. EBITDA grew faster at 28.44 percent to ₹196.02 crore, lifting quarterly EBITDA margin to 29.02 percent from 27.70 percent a year ago.

The company recorded a consolidated net profit of ₹146.60 crore during the quarter under review, reflecting a 23.57% YoY increase from ₹118.64 crore in the fourth quarter of the 2024-25 fiscal year.

Balance Sheet Strengthens; Dividend Recommended

Cash and cash equivalents (consolidated) rose to ₹899.46 crore as of March 31, 2026, from ₹330.02 crore a year earlier. Net debt is shown as declining from ₹1,626 crore in FY21 to nil in FY26. The Board recommended a final dividend of ₹1 per share at 50% of face value.

Board Studies Potential Demerger of Real Estate and Data Center Segments

The Board constituted a committee to evaluate a potential demerger of its real estate and data center businesses. The committee is mandated to evaluate merger/demerger structures, options, and strategies, and to recommend a final proposal or scheme to the Board. The stated objectives of such a restructuring include enabling greater operational efficiency and management focus, facilitating independent strategies for growth and capital allocation, unlocking and enhancing shareholder value, and allowing investors to directly participate in their preferred business segment.

The company currently operates across two separate sectors including real estate development and data centre services, which it said differ considerably in terms of business nature, risk profile, competitive landscape and capital requirements.

Data Center Business Accelerates Expansion

Data center revenue for FY26 stood at ₹176.49 crore for the full year, while Q4 alone contributed ₹74.51 crore – indicating the segment is accelerating sharply as capacity scales. Anant Raj Cloud currently operates 28 MW of IT load capacity: 21 MW at Manesar and 7 MW at Panchkula.

The company has signed an MOU with the Govt. of Andhra Pradesh for setting up an additional data center capacity of 50 MW IT Load. The total planned Data Center capacity is now set to reach 357 MW IT Load through a mix of Colocation and Cloud Services. The company plans to invest approximately ₹20,000 crore to reach the total planned data center capacity. Plans include operationalizing an incremental 35 MW IT load in data centers in the next financial year, and targeting 357 MW total IT load capacity by FY2032, with 117 MW to commence by FY2028.

Anant Raj Cloud's positioning is distinct with its dual empanelment – as a Sovereign Cloud Service Provider under MeitY and as a Data Centre Service Provider with BSNL. These approvals open access to government, telecom, and enterprise contracts that are typically inaccessible to smaller or uncertified operators.

Real Estate Pipeline in Sector 63A Gurugram Advances

Sector 63A in Gurugram continues to be the center of gravity through Anant Raj Estate and adjacent developments. On approvals, the company received the license and other approvals for Group Housing 2 on 5.09 acres in Sector 63A, including revised FAR, green building FAR, zoning plan and AAI approval. RERA is expected by end of Q1 FY27. The project is planned with 0.90 million square feet of saleable area and is positioned in the luxury segment.

The company also said the license for Group Housing 3 on 6.38 acres in the same sector is at an advanced stage, with a tentative saleable area of about 1.20 million square feet.

For the high-rise luxury residences with 248 units of 4 BHK on 5.43 acres and 0.99 million square feet saleable area, it reported an average selling price of ₹18,000 per square foot. For The Estate Apartments launched in Q1 FY26, it indicated estimated revenue of ₹750 crore and mentioned that The Estate Apartments 2, with 0.40 million square feet saleable area, is to be launched soon.

About Anant Raj Limited

Since its establishment in 1969 as a construction company, Anant Raj has undertaken substantial projects for the DDA (Delhi Development Authority) and other governmental departments. Over the years, it has steadily climbed the ranks to become one of the largest real estate developers in the Delhi and NCR region. The company has over 50 years of established real estate experience in residential, commercial, and integrated projects, over 20,000 units already delivered or under construction in the Delhi NCR region, and over 300 acres of fully owned land reserves, the largest in the private sector in the region.