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Anant Raj Ltd.

BSE: 515055 | NSE: ANANTRAJ |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE242C01024 | SECTOR: Construction - Real Estate

BSE Live

Jan 21, 14:03
85.15 2.65 (3.21%)
Volume
AVERAGE VOLUME
5-Day
111,823
10-Day
147,651
30-Day
140,383
174,406
  • Prev. Close

    82.50

  • Open Price

    83.85

  • Bid Price (Qty.)

    85.30 (1)

  • Offer Price (Qty.)

    85.45 (1)

NSE Live

Jan 21, 14:03
85.35 3.00 (3.64%)
Volume
AVERAGE VOLUME
5-Day
1,021,148
10-Day
959,784
30-Day
835,259
1,194,167
  • Prev. Close

    82.35

  • Open Price

    83.70

  • Bid Price (Qty.)

    85.35 (24)

  • Offer Price (Qty.)

    85.50 (21)

Annual Report

For Year :
2018 2017 2016 2015 2014 2013 2012 2011 2010

Chairman's Speech

Dear Shareholders, Welcome to a new Anant Raj. It gives us immense pleasure to write the first piece about this new company. Anant Raj of the past is not the Anant Raj of today. And Anant raj of today will not be the Anant Raj of tomorrow. So, what is it that will make Anant Raj of tomorrow different? Two things, its body and its soul. The body of the company has changed due to the internal restructuring that has made Anant Raj the flagship real estate company of the Group. And you, as shareholders, are participating in the Indian Real Estate story, which we believe is at a strategic inflection point. That Anant Raj has been one of the first movers in this business and has an enviable land bank will make Anant Raj of tomorrow different from what it is today. The soul of the company is something that has not changed over the years and therefore, the strong body has a soul that was created many years back with lot of pride and credibility. Let us first introduce the soul. Anant Raj is not just another real estate player. Through the Group, Anant Raj has been participating in the real estate opportunity in NCR since 1985. There were many distractions. To become a national player. To be short-term and buy property expensive and sell it more expensive. But we are not made that way. The soul is, `Buy right. Hold Tight'. Based on our 40 years of experience, we carefully examine the property and its future value that can be created by us through development and then take a decision. And therefore we may not have tens of millions of sq.feet of property, but what we have is what we can proudly claim to have - all value creating and shareholder value enhancing properties. And yes, we have all of them in a territory that we know since forty years. We have not ventured in other geographies, because in a business like real estate, any mistake can be expensive and wipe out gains accumulated over the years. We would rather build on our strength and deliver consistent growth and shareholder value. Now let us talk a bit about our body. Make no mistake about our aggression. When it comes to a piece of real estate that we like, we act with tremendous speed and ensure that we catch it young. Once, the land is with us, we understand the catchment area and what it will look like in the future and develop the said piece accordingly. We currently have an impressive landbank. We believe that on development, it can give our shareholder consistent revenue in the form of rent and also increase asset value on the balance sheet. In terms of development, we clearly see a great opportunity in the hospitality space within the NCR region. If the country's GDP is going to grow at 8% and more, the hospitality sector where getting a room is a nightmare, it is only natural that we get bullish on this segment. We are developing 6 hotels having 750 rooms over the next two years. Currently there is a shortage of 12,000 to 15,000 rooms across New Delhi and our focus is going to be 4 & 5 Star properties. With land acquired at very reasonable prices, the risk to our ROI is low and the reward in our favour. Besides hospitality, we believe in the IT/ITES opportunity. The only investment on capex made by them is to develop quality infrastructure. NCR is emerging as a hub for BPO services. We believe that the best is yet to come in the BPO segment and want to create value through this opportunity. Another opportunity is the SEZs. With government clearly indicating its preference for such development, we are geared to take up this opportunity in the NCR region, which has rich demand from industrial, commercial, residential and retail users. An SEZ in NCR, therefore, has better chances of higher occupancy than others. We will keep the shareholders informed on this opportunity. With a strong body, we continue to take the company higher. Another interesting development was the Government of India providing fresh impetus to the construction and development sector by allowing 100% foreign direct investment (FDI) under the `automatic route' in order to spur investment in the infrastructure sector. This will open up many opportunities for companies like us to partner with them on various opportunities. We feel that we are at the right time at the right place. We do not feel we will get distracted. We already have a visible land bank that can create long term shareholder value. We also have a world of caution. Be patient. Have conviction. For your patience will be tested, but your conviction will be rewarded. Thank you for your support, Sincerely, Ashok Sarin