Anna Infrastructures Limited is an Agra-based real estate developer and financial services firm. Listed on the **Bombay Stock Exchange (Scrip Code: 530799)**, the company follows a dual-segment strategy that integrates the development of residential and commercial infrastructure with a secondary portfolio in loans and investments. --- ### **Core Business Segments and Revenue Architecture** The company operates through two distinct verticals. While real estate remains the primary driver of turnover, the loan and investment segment provides a steady stream of interest income. **Revenue Distribution (As of March 31, 2025):** | Segment | Revenue (₹ in Lacs) | Contribution (%) | | :--- | :--- | :--- | | **Real Estate Business** | **153.69** | **~82.6%** | | **Loan and Investment** | **32.37** | **~17.4%** | | **Total Income from Operations** | **186.06** | **100.0%** | **Historical Segment Performance (FY 2022-23):** | Segment | Revenue (₹ Lacs) | Results/Profit (₹ Lacs) | | :--- | :--- | :--- | | **Real Estate Business** | **77.60** | **25.84** | | **Loan and Investment** | **35.03** | **17.07** | --- ### **Project Portfolio and Asset Base** The company’s real estate portfolio is concentrated in strategic locations, focusing on both immediate sales and long-term land appreciation. * **Active Residential Projects:** Sales and bookings are ongoing for **Ikon City**, **Ikon Greens**, **Ikon Vatika (Sumangalam Residency)**, and **Ikon Vatika (Vigyan Vihar)**. * **Commercial Assets:** Revenue-generating shop units located in **Anna Complex** and **Anna Ikon**. * **Strategic Land Holdings:** Significant land parcels held at **Nainana Jaat** and **Kalal Kheria** for future development. * **Inventory Valuation:** The company recognizes income on a **Gross Profit (GP) basis** at the point of sale/booking, with final project reconciliation occurring upon **100% completion**. --- ### **Operational Model and Strategic Growth Levers** Anna Infrastructures employs an **asset-light, high-quality execution model** designed to maximize shareholder value while minimizing overhead. * **Outsourced Expertise:** The company appoints **globally renowned architects and contractors**, ensuring contemporary design and construction standards without the burden of maintaining heavy internal machinery or labor forces. * **Land Acquisition Strategy:** The primary growth lever is the aggressive acquisition of **new land parcels** to expand the development pipeline and meet medium-to-long-term housing demand. * **Marketing Expansion:** A dedicated **new marketing team** is currently being established to increase brand visibility and accelerate inventory turnover. * **Leadership Continuity:** Stability is anchored by the re-appointment of **Mr. Anil Kumar Agarwal** as Whole Time Director for a **five-year term** (June 2025 – May 2030). --- ### **Financial Performance and Capital Structure** The company has transitioned from a loss-making period in **FY 2021-22** to a trajectory of sustained profitability and revenue growth. | Metric (₹ in Lacs) | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | | :--- | :--- | :--- | :--- | :--- | | **Total Revenue** | **186.06** | **168.28** | **112.63** | **-** | | **Profit After Tax (PAT)** | **49.31** | **59.64** | **22.88** | **(4.91)** | | **Paid-up Equity Capital** | **380.00** | **380.00** | **380.00** | **380.00** | | **Basic & Diluted EPS (₹)** | **-** | **-** | **0.60** | **(0.13)** | **Financial Discipline:** * **Debt Management:** The company maintains a **conservative debt practice**, funding land acquisitions primarily through **operating cash flows** to avoid high-interest external financing. * **Currency Risk:** Reported **NIL** foreign exchange earnings or outgo, insulating the company from global currency volatility. * **Remuneration:** Executive compensation is modest; the Executive Director’s salary for FY 2023-24 was **₹8,40,000**, and no employee exceeds the **₹60,00,000 per annum** threshold. --- ### **Comprehensive Risk Management Framework** The company utilizes a structured oversight process to monitor four primary risk categories: | Risk Category | Mitigation Strategy | | :--- | :--- | | **Credit Risk** | Managed by a **Risk and Debt Management Unit** using credit bureau data and monitoring **instalment default rates**. | | **Liquidity Risk** | Monitored via **Liquidity Coverage Ratios (LCR)** and dynamic gap analysis to ensure repayment obligations are met. | | **Market Risk** | The **Treasury Team** uses **Value at Risk (VAR)** and **PV01** analysis to manage interest rate sensitivity. | | **Operational Risk** | Mitigated through **annual internal audits**, IT compliance units, and **Disaster Recovery (DR)** testing. | **Key External Challenges:** * **Regulatory Environment:** Vulnerability to an **over-regulated environment** and delays in **project approvals**. * **Input Costs:** Rising **construction material costs** and a shortage of **accomplished, trained labor**. * **Structural Weakness:** Management identifies its **low equity base** as a primary internal constraint for large-scale expansion. --- ### **Governance and Regulatory Compliance** Anna Infrastructures adheres to the **Companies Act 2013** and **SEBI (LODR) Regulations**. * **Independent Oversight:** Recent appointments include **Mr. Prashant Surana** and **Mrs. Nidhi Jalan** as Independent Directors for **5-year terms** effective September 2024. * **Audit Standards:** **M/s. Satyendra Sharma & Associates** have been appointed as Secretarial Auditors for the period **FY 2025-26 to 2029-30**. * **Clean Compliance Record:** The company reports **no holdings in Benami property**, no investments in **Crypto currency**, and no material discrepancies in property title deeds. * **Project Status:** No new projects have been initiated after **April 1, 2012**, which limits the applicability of certain newer ICAI real estate guidance notes but ensures a focus on monetizing existing high-value inventory.