CONSOLIDATED FINANCIAL HIGHLIGHTS (AS ON MARCH 31, 2024)
₹ 1,520.74 CroreTotal Income
51.34%
₹ 265.93 CroreProfit After Tax
75.97%
₹ 7.96Earnings Per Share
68.29%
₹ 3,656.36 CroreNet Worth
29.42%
0.17Debt Equity Ratio
54.05%
OPERATIONAL HIGHLIGHTS
Data Centre
Converting existing 4 million sq. ft. IT Park space into a 157 MW Data Centre with provision to expand up to 307 MW.
3 MW IT load operational in Manesar; another 3 MW to be operational in Q1 FY25; Commenced Data Centre development works at Panchkula for an initial 7MW IT Load.
Empanelled as a Business Partner with RailTel Corporation of India Limited for Data Centres (DCs); enhanced partnership with Telecommunications Consultants India (TCIL) by expanding our service offerings to include cloud services, managed services and other Data Centre Solutions.
Residential Segment
Launched ‘The Estate Residences’, high-rise luxurious residences located in Sector 63A, Gurugram, with a saleable area of 1 msf. The Project received an extraordinary response owing to high demand and is completely sold.
Birla Navya - Phases 1, 2 and 3 totalling 554 units are fully sold out; Possession being offered for Phase 1. Phase 4 is scheduled for launch in the FY 25.
Ashok Estates - Successfully sold out a plotted development offering plots of sizes up to 180 square yards.
Anant Raj Estate, the Township - The first phase of the Independent Floors has been completed and handed over to buyers, with preparations underway to commence the second phase of development.
Affordable Housing
Commenced construction of the Tirupati Affordable Housing Project with a saleable area of 1.2 million sq. ft.; Project anticipated to be completed by June 2027.
Hospitality
Additional developable area of 4.90 lakh sq. ft. is being developed at Anant Raj Center 1, Chattarpur, South Delhi. Received approval for increasing FSI from 0.15 to 1.75 for mix land use.
QIP
Achieved a significant milestone by successfully raising ₹ 500 Crore through Qualified Institutional Placement (QIP) demonstrating strong Investor confidence and financial stability.
Preferential Allotment
Approved Preferential issue of 902,527 fully paid Equity Shares to Gagandeep Credit Capital Private Limited, totalling ₹ 25 Crore, and 1,785,714 fully convertible warrants to Shri Ashok Sarin Anant Raj LLP (Promoter Group Entity), amounting to ₹ 50 Crore.
Debt Reduction
Reduced net debt during the year by 72.33%. Outstanding Net Debt is ₹ 267.66 crore as on March 31, 2024; focus on net debt-free status by December 2024.
Data Centre
Residential Segment
Affordable Housing
Hospitality
QIP
Preferential Allotment
Debt Reduction
Corporate Overview