Anant Raj posts ₹149.19 crore net profit in Q1FY27, approves cloud demerger
Anant Raj posted a consolidated net profit of ₹149.19 crore in Q1FY27, driven by revenue growth to ₹631.40 crore. Key developments include the approval of a composite scheme to demerge its cloud services unit, full discharge of NCD liabilities via conversion to term loans, and continued utilisation of QIP proceeds.

*this image is generated using AI for illustrative purposes only.
Anant Raj reported a consolidated net profit of ₹149.19 crore for the quarter ended June 30, 2026 (Q1FY27), up from ₹125.90 crore in the corresponding period last year. Consolidated revenue from operations rose to ₹631.40 crore, compared to ₹592.41 crore in Q1FY26. The Board of Directors approved these unaudited standalone and consolidated financial results on August 8, 2026, alongside a strategic Composite Scheme of Arrangement to demerge its data centre and cloud services undertaking into a separate listed entity.
Q1FY27 Financial Performance
The company’s consolidated profit before tax stood at ₹185.33 crore, an increase from ₹150.38 crore in Q1FY26. Other income contributed ₹19.35 crore to total income, which reached ₹650.75 crore. Statutory Auditors Ranjana Vandana & Co. issued an unmodified conclusion on the results after a limited review in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Standalone results showed similar growth, with net profit rising to ₹79.10 crore from ₹69.70 crore in Q1FY26. Standalone revenue from operations was ₹395.52 crore, up from ₹352.41 crore in the year-ago quarter. Earnings per share (basic) were ₹4.16 on a consolidated basis and ₹2.20 on a standalone basis.
| Metric | Consolidated Q1FY27 | Consolidated Q1FY26 | Standalone Q1FY27 | Standalone Q1FY26 |
|---|---|---|---|---|
| Revenue from Operations | ₹631.40 crore | ₹592.41 crore | ₹395.52 crore | ₹352.41 crore |
| Net Profit After Tax | ₹149.19 crore | ₹125.90 crore | ₹79.10 crore | ₹69.70 crore |
| Profit Before Tax | ₹185.33 crore | ₹150.38 crore | ₹105.42 crore | ₹82.72 crore |
| EPS (Basic) | ₹4.16 | ₹3.67 | ₹2.20 | ₹2.03 |
Strategic Developments: Cloud Demerger and Subsidiary Acquisitions
Post-quarter, on July 21, 2026, the Board approved a Composite Scheme of Arrangement under Sections 230 to 232 of the Companies Act, 2013. The scheme involves the amalgamation of Anant Raj Cloud Private Limited (ARCPL) into Anant Raj Limited (ARL), followed by the demerger of ARL’s Data Centre and Cloud Services undertaking into Ashok Cloud Private Limited (ACPL).
Under the proposed structure, ARL shareholders will directly hold 49% of ACPL, with promoters holding 28.14% and public shareholders 20.86%. ARL will retain a 51% stake in ACPL. The company intends to list ACPL’s equity shares on the National Stock Exchange of India Limited and BSE Limited, subject to regulatory approvals from SEBI, NCLT, and stock exchanges.
Additionally, during Q1FY27, Anant Raj incorporated Anant Raj Cloud Singapore Pte. Ltd. on June 15, 2026, to provide co-location and AI services to overseas customers. The company also completed the acquisition of the remaining 25% equity in Romano Projects Private Limited on April 30, 2026, making it a wholly owned subsidiary.
Capital Allocation and Debt Management
The company utilised ₹60.01 crore from its Qualified Institutional Placement (QIP) proceeds during the quarter, bringing total utilisation to ₹410 crore. As of June 30, 2026, ₹689.99 crore remained unutilised, with no deviation reported under Regulation 32 of the Listing Regulations.
In debt management, Anant Raj discharged its outstanding Non-Convertible Debentures (NCDs) liability of ₹6.50 crore by converting it into a term loan with State Bank of India. Consequently, no NCDs remained outstanding as of June 30, 2026. The impact of the new Labour Codes implemented in November 2025 was recognised in employee benefits expense but was deemed immaterial to the results.
Historical Stock Returns for Anant Raj
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.24% | +1.03% | +11.80% | +12.44% | +13.38% | +793.26% |
How might the demerger and subsequent listing of Ashok Cloud Private Limited impact Anant Raj's valuation multiples compared to pure-play data centre peers?
What is the expected timeline for receiving regulatory approvals from SEBI and NCLT for the Composite Scheme of Arrangement, and could delays affect the FY27 strategic roadmap?
Will the newly incorporated Singapore entity significantly accelerate international revenue growth, or will it primarily serve as a strategic foothold for future expansion?


































