AI Summary
✦ ClarthaAnant Raj Limited is an India- and Singapore-focused real estate and infrastructure developer. Residential townships and group housing drive core development revenue, while commercial projects, malls, offices, and information-technology parks broaden monetisation. Data centres, hospitality, serviced apartments, and affordable housing provide additional project opportunities. Revenue grew 21.9% year-on-year, while profit increased 30.8%; however, no major recent development provides a clear catalyst for further acceleration. Improving margins indicate better earnings conversion, but 11.2% ROE remains moderate despite 30.8% profit growth. Debt-to-equity of 11.70 implies significant leverage, which magnifies financial risk and affects the quality of ROE. At 38.9x earnings, the stock appears rich and trades at a premium to its growth rate. The key open question is whether future residential, commercial, and data-centre execution can justify this valuation without further balance-sheet strain.
Price Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
From 3 analysts
Fundamentals
Fundamentals institutional score is 54 using EVA spread proxy -0.8%; growth durability 66.9.
Valuation
Valuation institutional score is 61 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
Analyst View institutional score is 77 using mean target upside 19.2%; dispersion penalty 8.3; recommendation breadth from available consensus.
Technical Structure
Technicals institutional score is 83 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
Recent news flow is balanced or not decisive enough to tilt the tape. Based on 4 recent ticker-linked news items.
Signal Summary
Market intelligence remains Neutral. analyst consensus and technical structure provide support, while fundamentals and market sentiment remain considerations.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 18.9% above historical median. Valuation is declining — currently in the overvalued zone (z-score: +0.75). Confidence: 68%.
Live forward EPS implies next-12-month EPS of ₹29.19. Applying the stock's normalized valuation corridor produces a fair range of ₹677.21 to ₹1,078.57, with base value near ₹955.68 (+58.2% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹29.19
Forward P/E
20.7x
Base Fair Value
₹955.68
Fair Range
₹677.21 - ₹1,078.57
Upside To Base
+58.2%
Estimate Source
Live forward EPS
Growth Estimate
+22.0%
5Y Average
21.69
Current
38.91
Overvalued
36.95
Undervalued
23.20
5Y Average
19.20
Current
33.80
Overvalued
30.66
Undervalued
6.10
5Y Average
4.25
Current
3.76
Overvalued
4.89
Undervalued
3.61
Peers & Comparison
Sector: Real Estate
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
GODREJ PROPERTIES LTD GODREJPROPReal Estate | +16.5% | 30.8% | 39.6x Undervalued | -59% vs avg | +4.0% |
THE PHOENIX MILLS LTD PHOENIXLTDReal Estate | +12.8% | 28.2% | 52.9x Undervalued | -46% vs avg | +31.9% |
OBEROI REALTY LIMITED OBEROIRLTYReal Estate | +31.7% | 41.6% | 24.8x Undervalued | -75% vs avg | +10.2% |
KNOWLEDGE MARINE & EN W L KMEWReal Estate | +42.4% | 30.7% | 75.5x Undervalued | -23% vs avg | +208.3% |
GANESH HOUSING LIMITED GANESHHOUReal Estate | +85.6% | 41.4% | 24.3x Undervalued | -75% vs avg | -11.4% |
KALPATARU LIMITED KALPATARUReal Estate | +6.5% | 3.4% | 60.2x Undervalued | -38% vs avg | -29.4% |
PRESTIGE ESTATE LTD PRESTIGEReal Estate | +15.9% | 8.7% | 60.0x Undervalued | -39% vs avg | -4.1% |
MAX ESTATES LIMITED MAXESTATESReal Estate | +32.5% | 4.2% | 443.6x Premium | +355% vs avg | -12.9% |
ANANT RAJ LIMITED trades at a discount (38.2x vs peer avg 97.6x), suggesting potential undervaluation relative to the Real Estate cohort. Peers include GODREJ PROPERTIES LTD, THE PHOENIX MILLS LTD, OBEROI REALTY LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹396 CrJun 2026Latest net profit
₹79 CrJun 2026Latest EPS
₹2.20Jun 2026Net margin
23.0%Jun 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Jun 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 172 | 184 | 208 | 235 | 266 | 298 | 328 | 337 | 352 | 371 | 374 | 394 | 396 |
| Expenses + | 146 | 153 | 175 | 224 | 223 | 247 | 273 | 273 | 283 | 292 | 300 | 304 | 304 |
| Operating Profit | 27 | 31 | 33 | 11 | 43 | 51 | 55 | 65 | 69 | 79 | 74 | 90 | 92 |
| OPM % | 15% | 17% | 16% | 4.5% | 16% | 17% | 17% | 19% | 20% | 21% | 20% | 23% | 23% |
| Other Income + | 16 | 18 | 21 | 43 | 18 | 18 | 19 | 18 | 19 | 17 | 27 | 16 | 19 |
| Interest | 4 | 5 | 5 | 4 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 |
| Depreciation | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 4 | 4 |
| Profit before tax | 35 | 40 | 46 | 46 | 57 | 65 | 69 | 78 | 83 | 91 | 95 | 101 | 105 |
| Tax % | 26% | 29% | 23% | 12% | 26% | 17% | 15% | 16% | 16% | 18% | 18% | 24% | 25% |
| Net Profit + | 26 | 28 | 35 | 41 | 42 | 53 | 58 | 65 | 70 | 74 | 78 | 77 | 79 |
| EPS in Rs | 0.80 | 0.87 | 1.08 | 1.19 | 1.24 | 1.56 | 1.71 | 1.90 | 2.03 | 2.16 | 2.15 | 2.14 | 2.20 |
| Raw PDF |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).
Events Timeline
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
Results-Financial Results (Standalone And Consolidated) For The Quarter Ended June 30, 2026