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ANANTRAJ - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.5

Last Updated Time : 03 Feb 26, 06:34 pm

Fundamental Rating: 3.5

Stock Code ANANTRAJ Market Cap 20,412 Cr. Current Price 567 ₹ High / Low 744 ₹
Stock P/E 71.2 Book Value 106 ₹ Dividend Yield 0.13 % ROCE 6.71 %
ROE 6.17 % Face Value 2.00 ₹ DMA 50 552 ₹ DMA 200 571 ₹
Chg in FII Hold 0.42 % Chg in DII Hold -0.62 % PAT Qtr 77.5 Cr. PAT Prev Qtr 74.2 Cr.
RSI 57.8 MACD -6.96 Volume 95,46,403 Avg Vol 1Wk 1,48,11,478
Low price 366 ₹ High price 744 ₹ PEG Ratio 1.23 Debt to equity 0.11
52w Index 53.1 % Qtr Profit Var 32.8 % EPS 8.24 ₹ Industry PE 30.2

📊 Financials: ANANTRAJ shows moderate fundamentals with ROCE at 6.71% and ROE at 6.17%, reflecting weak capital efficiency. Quarterly PAT improved slightly from ₹74.2 Cr. to ₹77.5 Cr., showing steady but modest growth. Debt-to-equity at 0.11 highlights low leverage. EPS of ₹8.24 is modest relative to its market cap of ₹20,412 Cr.

💹 Valuation: The stock trades at a P/E of 71.2, well above the industry average of 30.2, suggesting significant overvaluation. P/B ratio is ~5.35 (567/106), which is expensive compared to peers. PEG ratio of 1.23 indicates valuations are stretched relative to growth. Dividend yield of 0.13% provides minimal income support.

🏢 Business Model & Competitive Advantage: ANANTRAJ operates in real estate and infrastructure development, benefiting from urbanization and housing demand. Its competitive advantage lies in diversified projects and land bank holdings. However, profitability metrics remain weak compared to peers, limiting shareholder value creation.

📈 Entry Zone: Technicals show RSI at 57.8 (neutral) and MACD negative, with price near DMA 50 and DMA 200. Accumulation may be considered near ₹520–550 for long-term investors. Current valuations are stretched, so cautious entry is recommended.


Positive

  • Low debt-to-equity ratio (0.11) ensures financial stability.
  • Quarterly PAT growth from ₹74.2 Cr. to ₹77.5 Cr.
  • FII holdings increased by 0.42%, showing foreign investor interest.

Limitation

  • Weak ROCE (6.71%) and ROE (6.17%).
  • High P/E ratio (71.2) compared to industry average (30.2).
  • Dividend yield of 0.13% is negligible.

Company Negative News

  • DII holdings decreased by -0.62%, showing reduced domestic institutional confidence.
  • Weak technical momentum with MACD negative.

Company Positive News

  • FII holdings increased (+0.42%), reflecting foreign investor support.
  • Quarterly PAT growth highlights operational improvement.

Industry

  • Real estate sector benefits from urbanization and infrastructure growth.
  • Industry P/E at 30.2 is much lower than ANANTRAJ, showing sector-wide value opportunities.
  • Government housing and infrastructure initiatives support long-term demand.

Conclusion

🔎 ANANTRAJ is financially stable with low debt but faces weak profitability and stretched valuations. Entry near ₹520–550 may be considered for long-term investors willing to tolerate volatility. Conservative investors should wait for improved earnings visibility before committing to long-term holding.

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