1450 per cent returns: This small-cap realty company reports a 120 per cent jump in net profit; declared stellar dividend!

Shares of the company grew by more than 50 per cent in the last six months.

Anant Raj Limited experienced remarkable financial performance, specifically PAT and PBT. In Q4FY23, the company reported a profit of Rs 46.29 crore. In Q4FY23, the revenue of the company reached Rs 280.15 crore which grew by 29.75 per cent YoY. The company’s operating profit surged by 109.89 per cent staying at Rs 83.41 crore. The EBITDA of the company stood at Rs 73.67 crore growing by 194.56 per cent YoY, while the PAT of the company stood at Rs 46.29 crore, with an increase of 120.1 per cent.

The board of the company also recommended a final dividend of Rs 0.50 per equity (25 per cent) share with a face value of Rs 2.00. The market reacted to the news positively and shares of Anant Raj Limited made a fresh 52-week high at Rs 156.95 on Friday.

Anant Raj Limited is primarily engaged in the development and construction of IT parks, hospitality projects, SEZs, office complexes, shopping malls, and residential projects in the States of Delhi, Haryana, Andhra Pradesh, Rajasthan, and NCR. The Company has successfully developed more than 20 msf of real estate projects in the Housing, Commercial, IT Parks, Shopping Malls, Hospitality, Residential, and Affordable Housing sub-segments.

Overall, the financial performance of the company showed excellent growth, the stock has delivered multibagger returns of more than 1450 per cent in the last three years, and investors should keep a close eye on this stock.
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