This Real Estate, Construction & Infra Company Expands Data Center Capacity to 28 MW, Targets Rs 1,200 Crore Revenue by FY27 and 307 MW by FY32

On Tuesday share price of Anant Raj Limited jumped nearly 2 per cent to an intraday high of Rs 573.60 per share. As of 2:21 pm IST, the stock price was trading at Rs 559.80 per share, down by 0.51 per cent.

Anant Raj Limited, a prominent real estate and infrastructure company headquartered in the National Capital Region (NCR), has announced a significant expansion of its Data Center business. 

The company is operationalising an additional 22 MW of IT load capacity at its data center campuses located in Manesar and Panchkula, Haryana. This expansion will bring Anant Raj Limited’s total data center capacity, including cloud services, to 28 MW. This infrastructural leap is expected to drive robust business growth, with the company projecting revenue from its data center and cloud services business to reach approximately ₹1,200 crore by FY27 and further scale up to nearly ₹9,000 crore by FY32. These projections underscore the high-growth potential that Anant Raj sees in this segment.

The expansion plans were unveiled during the company's recent "Bharat Built: Soil to Server" Technology Day event, which saw enthusiastic participation from investors, partners, and stakeholders. Anant Raj has laid a robust foundation for an ambitious scale-up plan, aiming to achieve a total of 63 MW IT load capacity by FY27 and a massive 307 MW by FY32 across three key locations: Panchkula, Manesar, and Rai. 

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About the Company

Anant Raj Ltd was incorporated in 1985 as Anant Raj Clay Products by Ashok Sarin. It is primarily engaged in the development and construction of IT parks, hospitality projects, SEZs, office complexes, shopping malls and residential projects in the State 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.

The company has a market cap of over Rs 19,000 crore, and the stock is up by 48 per cent from its 52-week low.

Disclaimer: The article is for informational purposes only and not investment advice.