{"id":299529,"date":"2026-10-09T16:54:42","date_gmt":"2026-10-09T11:24:42","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=299529"},"modified":"2026-10-09T16:54:42","modified_gmt":"2026-10-09T11:24:42","slug":"anant-raj-share-price-target-2027","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/","title":{"rendered":"Anant Raj Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Anant Raj share price Rs 571.85 (9 October 2026). Base target Rs 698, bull Rs 836, downside risk Rs 466. PE 36.07. 52W range Rs 403.00 to Rs 720.00.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Anant Raj share price target for 2027 is Rs 698, about 22.1% above the current price of Rs 571.85. The bull case is Rs 836, and the downside risk level, which is not a target, is Rs 466. The base case assumes earnings per share grow 20.0% a year, a cap applied because the FY24 to FY26 pace was 40.9%, with the stock holding its PE of 36.07. These are model-based estimates built from reported financials, not guaranteed outcomes.<\/p>\n<\/p><\/div>\n<p>Investors weighing an Anant Raj target price for 2027 should start with where the stock sits today. At Rs 571.85 on 9 October 2026, it is 20.6% below its 52-week high of Rs 720.00 and 41.9% above its 52-week low of Rs 403.00. That range spans 79% from low to high, so the entry point matters as much as the Anant Raj price forecast itself.<\/p>\n<p>This article builds the Anant Raj share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario shows its assumptions, so you can see exactly how the Rs 698 base case and the Rs 836 bull case were reached, along with a downside risk level of Rs 466.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=anant-raj-share-price-target-2027\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#Anant_Raj_Stock_Analysis_Company_Overview_and_Key_Stats\" title=\"Anant Raj Stock Analysis: Company Overview and Key Stats\">Anant Raj Stock Analysis: Company Overview and Key Stats<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#Why_Is_Anant_Raj_Share_Price_Target_Set_at_Rs_698_for_2027\" title=\"Why Is Anant Raj Share Price Target Set at Rs 698 for 2027?\">Why Is Anant Raj Share Price Target Set at Rs 698 for 2027?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#Earnings_Growth_Behind_the_Anant_Raj_Target_Price_Five_Years_of_Results\" title=\"Earnings Growth Behind the Anant Raj Target Price: Five Years of Results\">Earnings Growth Behind the Anant Raj Target Price: Five Years of Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#Margins_and_the_Latest_Quarter\" title=\"Margins and the Latest Quarter\">Margins and the Latest Quarter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#Balance_Sheet_and_Cash_Flow\" title=\"Balance Sheet and Cash Flow\">Balance Sheet and Cash Flow<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#Valuation_Check_for_the_Anant_Raj_Stock_Target_PE_Price_to_Book_and_ROE\" title=\"Valuation Check for the Anant Raj Stock Target: PE, Price to Book and ROE\">Valuation Check for the Anant Raj Stock Target: PE, Price to Book and ROE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#Shareholding_Pattern_and_Institutional_Holding\" title=\"Shareholding Pattern and Institutional Holding\">Shareholding Pattern and Institutional Holding<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#Anant_Raj_Share_Price_Targets_for_the_Short_Term_and_12_Months\" title=\"Anant Raj Share Price Targets for the Short Term and 12 Months\">Anant Raj Share Price Targets for the Short Term and 12 Months<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#Short_Term_Anant_Raj_Stock_Target_Levels_Technical_Setup\" title=\"Short Term Anant Raj Stock Target Levels: Technical Setup\">Short Term Anant Raj Stock Target Levels: Technical Setup<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#12_Month_Anant_Raj_Target_Price_for_2027\" title=\"12 Month Anant Raj Target Price for 2027\">12 Month Anant Raj Target Price for 2027<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#How_EPS_Growth_and_PE_Multiple_Change_the_Anant_Raj_Target_Price\" title=\"How EPS Growth and PE Multiple Change the Anant Raj Target Price\">How EPS Growth and PE Multiple Change the Anant Raj Target Price<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#Bull_Case_and_Downside_Risk_for_Anant_Raj_Stock_Target_in_2027\" title=\"Bull Case and Downside Risk for Anant Raj Stock Target in 2027\">Bull Case and Downside Risk for Anant Raj Stock Target in 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#Bull_Case_Rs_836\" title=\"Bull Case Rs 836\">Bull Case Rs 836<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#Downside_Risk_Level_Rs_466\" title=\"Downside Risk Level Rs 466\">Downside Risk Level Rs 466<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#Key_Risks_to_the_Anant_Raj_Target_Price_for_2027\" title=\"Key Risks to the Anant Raj Target Price for 2027\">Key Risks to the Anant Raj Target Price for 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#Growth_Slowdown_Risk_for_the_Anant_Raj_Price_Target\" title=\"Growth Slowdown Risk for the Anant Raj Price Target\">Growth Slowdown Risk for the Anant Raj Price Target<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#Liquidity_and_Size_Risk\" title=\"Liquidity and Size Risk\">Liquidity and Size Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#Valuation_and_Margin_Risk\" title=\"Valuation and Margin Risk\">Valuation and Margin Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#Market_and_Technical_Risk\" title=\"Market and Technical Risk\">Market and Technical Risk<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#How_to_Invest_in_Anant_Raj\" title=\"How to Invest in Anant Raj\">How to Invest in Anant Raj<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#FAQs_on_Anant_Raj_Share_Price_Target_2027\" title=\"FAQs on Anant Raj Share Price Target 2027\">FAQs on Anant Raj Share Price Target 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#What_is_the_Anant_Raj_share_price_target_for_2027\" title=\"What is the Anant Raj share price target for 2027?\">What is the Anant Raj share price target for 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#What_is_the_Anant_Raj_share_price_today\" title=\"What is the Anant Raj share price today?\">What is the Anant Raj share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#Is_Anant_Raj_a_buy_or_sell_at_the_current_price\" title=\"Is Anant Raj a buy or sell at the current price?\">Is Anant Raj a buy or sell at the current price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#What_are_the_bull_case_target_and_downside_risk_level_for_Anant_Raj_shares\" title=\"What are the bull case target and downside risk level for Anant Raj shares?\">What are the bull case target and downside risk level for Anant Raj shares?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#What_are_the_main_risks_to_the_Anant_Raj_price_target\" title=\"What are the main risks to the Anant Raj price target?\">What are the main risks to the Anant Raj price target?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#What_is_the_PE_ratio_of_Anant_Raj_and_how_does_it_compare_with_the_industry\" title=\"What is the PE ratio of Anant Raj and how does it compare with the industry?\">What is the PE ratio of Anant Raj and how does it compare with the industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#Who_owns_Anant_Raj_and_what_is_the_promoter_holding\" title=\"Who owns Anant Raj, and what is the promoter holding?\">Who owns Anant Raj, and what is the promoter holding?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/univest.in\/blogs-2\/anant-raj-share-price-target-2027\/#What_were_Anant_Rajs_latest_quarterly_results\" title=\"What were Anant Raj&#8217;s latest quarterly results?\">What were Anant Raj&#8217;s latest quarterly results?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Anant_Raj_Stock_Analysis_Company_Overview_and_Key_Stats\"><\/span><strong>Anant Raj Stock Analysis: Company Overview and Key Stats<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Anant Raj (NSE: ANANTRAJ) has a market capitalisation of Rs 20,938 crore. In FY26 it reported revenue of Rs 2,579 crore and net profit of Rs 553.66 crore. The table collects the figures the Anant Raj share price target is built on.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Metric<\/th>\n<th>Value<\/th>\n<\/tr>\n<tr>\n<td>Company<\/td>\n<td><a href=\"https:\/\/univest.in\/stocks\/anantraj\/anant-raj-ltd-share-price-today\">Anant Raj<\/a><\/td>\n<\/tr>\n<tr>\n<td>NSE Ticker<\/td>\n<td>ANANTRAJ<\/td>\n<\/tr>\n<tr>\n<td>CMP (9 October 2026)<\/td>\n<td>Rs 571.85<\/td>\n<\/tr>\n<tr>\n<td>52-Week High<\/td>\n<td>Rs 720.00<\/td>\n<\/tr>\n<tr>\n<td>52-Week Low<\/td>\n<td>Rs 403.00<\/td>\n<\/tr>\n<tr>\n<td>Market Cap<\/td>\n<td>Rs 20,938 crore<\/td>\n<\/tr>\n<tr>\n<td>PE Ratio (TTM)<\/td>\n<td>36.07<\/td>\n<\/tr>\n<tr>\n<td>Industry PE<\/td>\n<td>32.08<\/td>\n<\/tr>\n<tr>\n<td>Price to Book<\/td>\n<td>3.62<\/td>\n<\/tr>\n<tr>\n<td>Return on Equity<\/td>\n<td>9.59%<\/td>\n<\/tr>\n<tr>\n<td>Debt to Equity<\/td>\n<td>0.12<\/td>\n<\/tr>\n<tr>\n<td>EPS (TTM)<\/td>\n<td>Rs 16.13<\/td>\n<\/tr>\n<tr>\n<td>Dividend Yield<\/td>\n<td>0.17%<\/td>\n<\/tr>\n<tr>\n<td>12-Month Base Target<\/td>\n<td>Rs 698<\/td>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>Rs 836<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk Level (not a target)<\/td>\n<td>Rs 466<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Why_Is_Anant_Raj_Share_Price_Target_Set_at_Rs_698_for_2027\"><\/span><strong>Why Is Anant Raj Share Price Target Set at Rs 698 for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The base-case Anant Raj stock target of Rs 698 applies a PE multiple of 36.07 to a forward EPS estimate of Rs 19.36. That EPS assumes 20.0% yearly growth, the pace from FY24 to FY26, and puts the target 22.1% above the current price. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Earnings_Growth_Behind_the_Anant_Raj_Target_Price_Five_Years_of_Results\"><\/span><strong>Earnings Growth Behind the Anant Raj Target Price: Five Years of Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Anant Raj grew revenue from Rs 501.24 crore in FY22 to Rs 2,579 crore in FY26, a compound annual growth rate of 50.6%. Net profit grew faster, from Rs 48.47 crore to Rs 553.66 crore (83.8% a year), which shows margin gains did part of the work and not just higher sales.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Financial Year<\/th>\n<th>Revenue (Rs Cr)<\/th>\n<th>Net Profit (Rs Cr)<\/th>\n<th>EPS (Rs)<\/th>\n<th>Dividend per Share (Rs)<\/th>\n<\/tr>\n<tr>\n<td>FY22<\/td>\n<td>501.24<\/td>\n<td>48.47<\/td>\n<td>1.74<\/td>\n<td>0.12<\/td>\n<\/tr>\n<tr>\n<td>FY23<\/td>\n<td>1,004.86<\/td>\n<td>144.41<\/td>\n<td>4.88<\/td>\n<td>0.50<\/td>\n<\/tr>\n<tr>\n<td>FY24<\/td>\n<td>1,520.74<\/td>\n<td>264.54<\/td>\n<td>7.96<\/td>\n<td>0.73<\/td>\n<\/tr>\n<tr>\n<td>FY25<\/td>\n<td>2,100.28<\/td>\n<td>421.54<\/td>\n<td>12.43<\/td>\n<td>0.73<\/td>\n<\/tr>\n<tr>\n<td>FY26<\/td>\n<td>2,579.08<\/td>\n<td>553.66<\/td>\n<td>15.81<\/td>\n<td>0.00<\/td>\n<\/tr>\n<\/table>\n<p>FY26 revenue growth was 22.8%, slower than the four-year average of 50.6%, and net profit moved up 31.3%. EPS rose from Rs 7.96 in FY24 to Rs 15.81 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Margins_and_the_Latest_Quarter\"><\/span><strong>Margins and the Latest Quarter<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Anant Raj converted 21.5% of FY26 revenue into net profit, against 20.1% in FY25, within a five-year range of 9.7% to 21.5%. EBITDA margin was 28.0% in FY26 versus 25.3% in FY25.<\/p>\n<p>In the June 2026 quarter, revenue was Rs 650.75 crore, up 8.0% from the same quarter a year earlier, while net profit of Rs 146.13 crore was up 17.2%. EBITDA came in at Rs 202.74 crore, up 26.2% year on year. The next quarterly result is the first test of whether the earnings assumption holds.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Balance_Sheet_and_Cash_Flow\"><\/span><strong>Balance Sheet and Cash Flow<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Debt to equity stands at 0.12, and shareholders&#8217; equity grew from Rs 2,674 crore in FY22 to Rs 5,819 crore in FY26. Operating cash flow in FY26 was negative at Rs 434.78 crore against capital expenditure of Rs 358.28 crore, leaving negative free cash flow of Rs 793.06 crore. In FY25 free cash flow was Rs 191.18 crore, so cash generation has not been steady year to year.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_Check_for_the_Anant_Raj_Stock_Target_PE_Price_to_Book_and_ROE\"><\/span><strong>Valuation Check for the Anant Raj Stock Target: PE, Price to Book and ROE<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At a PE of 36.07 against an industry PE of 32.08, Anant Raj trades at a premium to its industry. Price to book is 3.62 on a book value of Rs 160.66 per share, and return on equity is 9.59%. A PE of 36.07 equals an earnings yield of 2.8%, and the FY26 dividend of Rs 0.00 per share gives a yield of 0.17%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Shareholding_Pattern_and_Institutional_Holding\"><\/span><strong>Shareholding Pattern and Institutional Holding<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Promoters held 57.42% of Anant Raj in June 2026, and promoter holding fell from 60.12% in September 2025 to 57.42% in June 2026. Foreign institutional investors (FII) held 10.74% and domestic institutions (DII) held 4.61%, which puts total institutional holding at 15.35%. FII holding has stayed near 10.74% since September 2025. Public shareholders own the remaining 27.22%. A meaningful institutional holding adds a layer of research coverage and trading depth.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Anant_Raj_Share_Price_Targets_for_the_Short_Term_and_12_Months\"><\/span><strong>Anant Raj Share Price Targets for the Short Term and 12 Months<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Short_Term_Anant_Raj_Stock_Target_Levels_Technical_Setup\"><\/span><strong>Short Term Anant Raj Stock Target Levels: Technical Setup<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At Rs 571.85 on 9 October 2026, Anant Raj trades below its 50-day simple moving average of Rs 610.90 and above its 200-day exponential moving average of Rs 570.79. The 14-day RSI reads 40.3, which is neutral territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 610.90 (50-day simple moving average) and the nearest support is Rs 570.79 (200-day exponential moving average). A sustained move above Rs 610.90 would improve the short-term setup, while a close below Rs 570.79 would shift attention to the next support.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Month_Anant_Raj_Target_Price_for_2027\"><\/span><strong>12 Month Anant Raj Target Price for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 12-month target for Anant Raj is Rs 698: forward EPS of Rs 19.36 at a PE of 36.07. That is 22.1% above Rs 571.85. It would still leave the stock 3.1% below its 52-week high of Rs 720.00.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_EPS_Growth_and_PE_Multiple_Change_the_Anant_Raj_Target_Price\"><\/span><strong>How EPS Growth and PE Multiple Change the Anant Raj Target Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>EPS Growth<\/th>\n<th>PE 28.86<\/th>\n<th>PE 36.07<\/th>\n<th>PE 41.48<\/th>\n<\/tr>\n<tr>\n<td>0.0% (EPS Rs 16.13)<\/td>\n<td>Rs 466<\/td>\n<td>Rs 582<\/td>\n<td>Rs 669<\/td>\n<\/tr>\n<tr>\n<td>20.0% (EPS Rs 19.36)<\/td>\n<td>Rs 559<\/td>\n<td>Rs 698<\/td>\n<td>Rs 803<\/td>\n<\/tr>\n<tr>\n<td>25.0% (EPS Rs 20.16)<\/td>\n<td>Rs 582<\/td>\n<td>Rs 727<\/td>\n<td>Rs 836<\/td>\n<\/tr>\n<\/table>\n<p>Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Anant Raj price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bull_Case_and_Downside_Risk_for_Anant_Raj_Stock_Target_in_2027\"><\/span><strong>Bull Case and Downside Risk for Anant Raj Stock Target in 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Bull_Case_Rs_836\"><\/span><strong>Bull Case Rs 836<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The bull case Anant Raj price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 20.16, and a PE multiple that rises 15% to 41.48. That gives Rs 836, 46.2% above the current price and above the 52-week high of Rs 720.00, so the stock would have to set a fresh 52-week high.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Downside_Risk_Level_Rs_466\"><\/span><strong>Downside Risk Level Rs 466<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The downside risk level is not a target. It assumes EPS stays flat at Rs 16.13 and the PE falls 20% to 28.86. That gives Rs 466, 18.5% below the current price and above the 52-week low of Rs 403.00.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Scenario<\/th>\n<th>EPS Growth<\/th>\n<th>PE Multiple<\/th>\n<th>Price (Rs)<\/th>\n<th>Change vs CMP<\/th>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>25.0%<\/td>\n<td>41.48<\/td>\n<td>Rs 836<\/td>\n<td>+46.2%<\/td>\n<\/tr>\n<tr>\n<td>Base Case<\/td>\n<td>20.0%<\/td>\n<td>36.07<\/td>\n<td>Rs 698<\/td>\n<td>+22.1%<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk<\/td>\n<td>0.0%<\/td>\n<td>28.86<\/td>\n<td>Rs 466<\/td>\n<td>-18.5%<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_the_Anant_Raj_Target_Price_for_2027\"><\/span><strong>Key Risks to the Anant Raj Target Price for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Growth_Slowdown_Risk_for_the_Anant_Raj_Price_Target\"><\/span><strong>Growth Slowdown Risk for the Anant Raj Price Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Revenue in the June 2026 quarter was up 8.0% year on year, and FY26 revenue growth was 22.8%. If growth slows from here, the EPS estimate behind the Anant Raj stock target will need revising.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Liquidity_and_Size_Risk\"><\/span><strong>Liquidity and Size Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Anant Raj has a market capitalisation of Rs 20,938 crore. Institutional holding is 15.35%, and promoters hold 57.42%. Stocks of this size are usually liquid, though exits can take longer than entries when the market is falling.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_and_Margin_Risk\"><\/span><strong>Valuation and Margin Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Net margin was 21.5% in FY26, and a squeeze from higher costs or weaker pricing would hit earnings first. At a PE of 36.07 versus an industry PE of 32.08, a de-rating toward the downside-risk PE of 28.86 would cut the price even if earnings hold.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Market_and_Technical_Risk\"><\/span><strong>Market and Technical Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The stock trades 20.6% below its 52-week high, with an RSI of 40.3 and a MACD reading below its signal line. Broader market weakness can override company fundamentals in the short term.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Anant_Raj\"><\/span><strong>How to Invest in Anant Raj<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Start with the live price and volume. Any Anant Raj share price target is only as current as the data behind it, and the data here is as of 9 October 2026, so refresh the Rs 571.85 price before acting on any level.<\/p>\n<p>Next, review the fundamentals yourself. The Univest Screener lets you check Anant Raj&#8217;s PE, ROE, debt and shareholding in one place.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check Anant Raj fundamentals on the Univest Screener<\/strong><\/a><\/p>\n<p>Then compare the three Anant Raj target price scenarios with your own view. If you expect EPS growth below 20.0%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.<\/p>\n<p>Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.<\/p>\n<p>Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Anant Raj live price and get daily stock recommendations.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Anant Raj share price target for 2027 is Rs 698 in the base case, with Rs 836 as the bull case. The support for that view is arithmetic you can check: EPS grew 40.9% a year over FY24 to FY26, and the stock trades at a PE of 36.07. The risks are equally concrete, including a stock that sits 20.6% below its 52-week high and a downside scenario that cuts the price 19% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Anant_Raj_Share_Price_Target_2027\"><\/span><strong>FAQs on Anant Raj Share Price Target 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Anant_Raj_share_price_target_for_2027\"><\/span><strong>What is the Anant Raj share price target for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The base-case Anant Raj share price target for 2027 is Rs 698, with Rs 836 as the bull case. The downside risk level, which is not a target, is Rs 466. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Anant_Raj_share_price_today\"><\/span><strong>What is the Anant Raj share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 9 October 2026, 12:52 PM IST, Anant Raj trades at Rs 571.85, down 1.83% on the day. The 52-week range is Rs 403.00 to Rs 720.00.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Anant_Raj_a_buy_or_sell_at_the_current_price\"><\/span><strong>Is Anant Raj a buy or sell at the current price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The data is mixed rather than one-sided: EPS has grown 40.9% a year over FY24 to FY26, but the stock is 20.6% below its 52-week high. Whether Anant Raj fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_bull_case_target_and_downside_risk_level_for_Anant_Raj_shares\"><\/span><strong>What are the bull case target and downside risk level for Anant Raj shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The bull case target is Rs 836, which assumes 25.0% EPS growth and a PE of 41.48. The downside risk level is Rs 466, which assumes flat EPS and a PE of 28.86. It marks a risk, not a target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_to_the_Anant_Raj_price_target\"><\/span><strong>What are the main risks to the Anant Raj price target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are slower revenue growth, a small market capitalisation of Rs 20,938 crore, a PE de-rating and short-term weakness in the broader market. Each is covered in the risk section above.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_Anant_Raj_and_how_does_it_compare_with_the_industry\"><\/span><strong>What is the PE ratio of Anant Raj and how does it compare with the industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The PE ratio of Anant Raj is 36.07 against an industry PE of 32.08. Price to book is 3.62 and return on equity is 9.59%. The base case in the Anant Raj price target holds this PE constant.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_owns_Anant_Raj_and_what_is_the_promoter_holding\"><\/span><strong>Who owns Anant Raj, and what is the promoter holding?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Promoters held 57.42% of Anant Raj in June 2026. FII held 10.74%, DII held 4.61% and the public held 27.22%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_Anant_Rajs_latest_quarterly_results\"><\/span><strong>What were Anant Raj&#8217;s latest quarterly results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> In the June 2026 quarter, Anant Raj reported revenue of Rs 650.75 crore (up 8.0% year on year) and net profit of Rs 146.13 crore (up 17.2%).<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Anant Raj share price target for 2027?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The base-case Anant Raj share price target for 2027 is Rs 698, with Rs 836 as the bull case. The downside risk level, which is not a target, is Rs 466. 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FII held 10.74%, DII held 4.61% and the public held 27.22%.\"}},{\"@type\":\"Question\",\"name\":\"What were Anant Raj's latest quarterly results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"In the June 2026 quarter, Anant Raj reported revenue of Rs 650.75 crore (up 8.0% year on year) and net profit of Rs 146.13 crore (up 17.2%).\"}}]}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Anant Raj share price target 2027: base Rs 698, bull Rs 836, downside risk level Rs 466, built from reported earnings, valuation and shareholding data.<\/p>\n","protected":false},"author":35,"featured_media":299528,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[1019],"class_list":["post-299529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-stock-market"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["299528"],"rank_math_title":["Anant Raj Share Price Target 2027: Base and Bull Case"],"rank_math_description":["The Anant Raj share price target for 2027 is Rs 698 against a price of Rs 571.85. See the bull case, downside risk, earnings trend, valuation and key risks. October 2026."],"rank_math_focus_keyword":["Anant Raj share price target | Density Target: 1.2 to 1.5%"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/anant-raj-share-price-target-2027-base-and-bull-targets-built-on-fy26-earnings.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=299529"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299529\/revisions"}],"predecessor-version":[{"id":299530,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299529\/revisions\/299530"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/299528"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=299529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=299529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=299529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}