Anant Raj (ANANTRAJ)

FairStock Score: 64/100 — STEADY

Score breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 2/2 · Dividend: 0/1

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I wear two hats: Graham's, demanding a margin of safety, and Buffett's, asking whether the business can compound. Anant Raj is a residential and commercial developer. The growth is striking: sales up 70.17%, profit up 114.05%, and a five-year revenue CAGR of 49.48%. Latest quarter sales were ₹642 Cr with net profit of ₹144 Cr. The balance sheet also looks reasonable: debt/equity only 0.12, Altman Z-score 3.82, Piotroski F-score 7/9, and promoter holding 57.41%. That suggests neither distress nor lack of owner interest. But I don't pay any price. At ₹629.95 and market cap ₹22,670 Cr, P/E is 38.60, P/B 3.92, and EV/EBITDA 48.58. Book value is ₹160.85; Graham Number is ₹204.91, giving a margin of safety of -158.56%. A DCF intrinsic value of ₹36.42 is even more sobering. PEG of 1.87 isn't outrageous for a fast grower, but the cash flow doesn't yet match accounting profit: FCF is only ₹25 Cr. ROE 12.66% and ROCE 11.17% are modest, not franchise-level, and dividend yield is just 0.16%. FairStock score 64/100 (STEADY) fits: steady improvement, not a bargain. So I see a fast-growing real estate business with low leverage and reasonable promoter alignment, but priced as if the next several years must go perfectly. I'd watch FCF conversion, ROCE expansion, and whether earnings grow into the multiple. Until then, Mr. Market is asking me to pay a premium for hope, not safety.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer