Anant Raj's Subsidiaries Secure Full Stake in Real Estate LLP for Rs. 20,000
Anant Raj Limited, a prominent player in the real estate sector, has made a strategic move to expand its presence in the market. The company's wholly owned subsidiaries, Vrittanta Real Estate Private Limited and Romano Builders Private Limited, have jointly acquired a 100% partnership interest in Blessed Landbase LLP, a newly formed Limited Liability Partnership (LLP) focused on real estate activities. The acquisition cost Rs. 20,000, with each subsidiary contributing Rs. 10,000. Blessed Landbase LLP was incorporated in July 2024 and has not yet generated any turnover. This strategic move aims to expand Anant Raj's presence in the real estate market.
The acquisition aligns with Anant Raj Limited's core business operations in the real estate sector. By gaining full control of Blessed Landbase LLP, Anant Raj aims to strengthen its position and potentially explore new opportunities in the real estate market. The relatively modest investment amount suggests that Blessed Landbase LLP is likely a newly established entity with potential for future growth and development within Anant Raj's broader business strategy.
Anant Raj Limited reported impressive Q2 FY26 results with revenue of 630.79 crores (23% YoY growth) and PAT of 138.18 crores (30.79% YoY growth). The Data Center business contributed 35.47 crores to revenue, with capacity expanded to 28 MW and plans to reach 63 MW by December 2026. The company completed a QIP of 1,100 crores, achieved net cash positive status, and prepaid 125 crores of debt. Real estate segment progress includes RERA approval for new developments and plans to launch new projects.
The company's Data Center infrastructure and allied services contributed INR 35.47 crores to the quarter's revenue. The company has expanded its Data Center capacity to 28 megawatts, with plans to reach 63 megawatts by December 2026. Key developments in the Data Center segment include the completion of a 7 MW IT load facility in Panchkula, enhancement of the Manesar facility from 6 MW to 21 MW IT load capacity, commencement of development for an additional 35 MW capacity, and initiation of a 20 MW IT load Data Center at Rai, Sonipat, with a planned total capacity of 200 MW.
Anant Raj successfully completed a Qualified Institutional Placement (QIP) of INR 1,100 crores, strengthening its financial position. The company has achieved net cash positive status and prepaid INR 125 crores of debt. The company continues to make strides in its real estate business, receiving RERA approval for a 5 lakh square feet development in Anant Raj Estate Phase IV, advancing the launch of a luxury high-rise project, The Estate One, in Sector 63A, Gurugram, with approximately 1.1 million square feet of saleable area, and planning to launch another Group Housing project over 5.21 acres by the end of the current financial year.
Amit Sarin, Managing Director of Anant Raj Limited, stated, 'We are very proud to share that we have been able to do INR 2,100 crores of topline and a PAT of 425 crores for the year ending 31st March 25. And in this year, the first 2 quarters, the company has already done INR 1,243 crores of revenue and a PAT of INR 264 crores.'
Anant Raj Limited is positioning itself for sustained growth. Targeting 63 megawatts of Data Center capacity by December 2026, aiming to expand Cloud services, potentially doubling revenues in this segment, and planning to launch new residential projects totaling over 2.6 million square feet. The company's diversified approach, combining its legacy real estate business with the rapidly growing Data Center segment, positions it well for future growth and value creation.
