Anant Raj Limited
"Anant Raj Limited (ARL) (formerly Anant Raj Industries Limited) was incorporated in 1985 and is the flagship company of the Anant Raj Group. It is promoted by Sarin family. The promoters are engaged into the business of construction and infrastructu...
Key Metrics
EPS
7.63
Current ratio
5.90
Debt/Equity
0.25
Debt/EBITDA
2.46
Interest coverage ratio
10.21
Operating Cashflow to total debt
-0.03
Financials
Pros & Cons
Exclusive on TAP Bonds
Here's what we like about this company and potential risks we have identified.
Pros
Established track record and experienced management
Improved financial risk profile and profitability
Favorable location
Substantial improvement in the sales and collections in the ongoing projects
Timely servicing of debt obligations
Sustenance of the gearing
Sale of unsold inventory at competitive rates
Liquidity – Adequate
Cons
Inherent risk of the industry along with intense competition:
Geographic and project concentration risk
Risk emanating from exposure to group and related entities
Deterioration in debt protection metrics and overall gearing
Significant cost overrun and delay in completion of projects.
Slowdown in saleability of the ongoing projects resulting in collections lower than expected.
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About Anant Raj Limited bond.
This comprehensive profile covers key factual information about Anant Raj Limited. "Anant Raj Limited (ARL) (formerly Anant Raj Industries Limited) was incorporated in 1985 and is the flagship company of the Anant Raj Group. It is promoted by Sarin family. The promoters are engaged into the business of construction and infrastructure development since 1969 and tis amongst the oldest development and construction group in the National Capital Region (NCR) for more than 5 decades. It is Delhi based registered company and is listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). It is engaged in real estate development (residential and commercial) in the National Capital Region (NCR), Rajasthan & Haryana. " EPS in Mar-2024 was 7.63. Current ratio in Mar-2024 was 5.90. Debt/Equity in Mar-2024 was 0.25. Debt/EBITDA in Mar-2024 was 2.46. Interest coverage ratio in Mar-2024 was 10.21. Operating Cashflow to total debt in Mar-2024 was -0.03. Total revenue for March-2024 was ₹1,520.74. Net income for March-2024 stood at ₹260.90. Total assets as of Mar-2024 were ₹4,868.26. Operating cash flow for Mar-2024 was ₹-25.52. The company’s borrowing relationships include State Bank of India (₹N/A Cr), State Bank of India (₹N/A Cr), State Bank of India (₹N/A Cr). Peers and comparison entities consist of Anant Raj Limited, DLF Limited, Macrotech Developers Limited, Oberoi Realty Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Established track record and experienced management ; Improved financial risk profile and profitability; Favorable location; Substantial improvement in the sales and collections in the ongoing projects; Timely servicing of debt obligations; Sustenance of the gearing; Sale of unsold inventory at competitive rates; Liquidity – Adequate. Key risks include: Inherent risk of the industry along with intense competition:; Geographic and project concentration risk; Risk emanating from exposure to group and related entities; Deterioration in debt protection metrics and overall gearing ; Significant cost overrun and delay in completion of projects.; Slowdown in saleability of the ongoing projects resulting in collections lower than expected. . Leadership team details include Ajay Gandhi (General Manager), Alok Rastogi (Senior General Manager), Aman Sarin (Whole Time Executive Director & CEO), Amit Sarin (Managing Director), Amita Malhotra (Senior General Manager), Ashim Sarin (Whole Time Executive Director & CFO), Brajindar Mohan Singh (Independent Non-Executive Director), Gagan Singh (Chief Business Officer), Gaurav Sharma (Chief Technology Officer), Hemant Varshney (General Manager - Corporate), Kulbir Singh (Senior General Manager), Kulpreet Sond (Independent Non-Executive Director), Mahesh Kumar (General Manager - Accounts), Maneesh Gupta (Independent Non-Executive Director), Manoj Kumar Goyal (Chief Business Officer), Manoj Pahwa (Company Secretary & Compliance Officer), Narayan Singh Rajpoot (Senior General Manager - Operations), Niranjan Lal Sharma (Senior General Manager), Pankaj Kumar Gupta (Chief Financial Officer), Rachit Agrawal (President - Projects), Rajesh Tuteja (Independent Non-Executive Director), Ravinder Kumar (General Manager - Operations), Sameer Srivastava (Chief Operating Officer), Sudhir Solanki (Senior General Manager), Suraj Parkash Sethi (President - Finance & Accounts), Varun Khullar (Vice President - Sales), Veerayya Chowdary Kosaraju (Independent Non-Executive Director). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.