Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹58Cr
Rev Gr TTM
Revenue Growth TTM
34.20%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

ANSALAPI
VS
| Quarter | Sep 2022 | Dec 2022 | Mar 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Sep 2024 | Dec 2024 | Mar 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | 102.5 | -50.1 | -16.4 | 75.0 | -63.3 | 58.6 | -41.4 | -37.4 | 145.5 | 99.4 | -2.6 | -84.7 |
| 207 | 149 | 612 | 136 | 79 | 75 | 175 | 80 | 405 | 193 | 1,678 | -3 |
Operating Profit Operating ProfitCr |
| 4.6 | -122.2 | -123.8 | -2.3 | 1.0 | 29.6 | -9.0 | 4.2 | -107.3 | 8.6 | -975.3 | 124.1 |
Other Income Other IncomeCr | 0 | 1 | 20 | 1 | 0 | 0 | 0 | 3 | 0 | 0 | 7 | 11 |
Interest Expense Interest ExpenseCr | 3 | 3 | 4 | 3 | 5 | 3 | 3 | 3 | 3 | 3 | 2 | 0 |
Depreciation DepreciationCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 7 | -84 | -322 | -5 | -4 | 28 | -17 | 3 | -212 | 15 | -1,517 | 13 |
| 0 | 0 | -16 | 0 | 0 | 0 | -2 | 0 | 0 | 2 | -83 | 0 |
|
Growth YoY PAT Growth YoY% | 242.2 | -848.9 | -7,131.2 | -442.5 | -159.6 | 134.0 | 95.2 | 177.8 | -4,739.3 | -54.6 | -9,674.4 | 270.0 |
| 3.4 | -125.4 | -112.2 | -3.5 | -5.5 | 26.9 | -9.2 | 4.3 | -108.5 | 6.1 | -918.8 | 103.5 |
| 0.5 | -5.3 | -19.5 | -0.3 | -0.3 | 1.8 | -0.9 | 0.2 | -13.5 | 0.8 | -91.1 | 0.8 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|
|
| -7.7 | -17.4 | -4.5 | -18.1 | 11.7 | 29.5 | -9.1 | -11.5 | -0.9 | -24.4 | 35.0 | -10.9 |
| 787 | 660 | 626 | 502 | 551 | 816 | 715 | 611 | 1,043 | 464 | 2,357 | 2,274 |
Operating Profit Operating ProfitCr |
| 7.5 | 5.9 | 6.6 | 8.6 | 10.1 | -2.7 | 1.0 | 4.3 | -64.6 | 3.1 | -264.5 | -294.8 |
Other Income Other IncomeCr | 2 | 27 | 11 | -6 | 13 | -76 | 40 | 21 | 27 | 2 | | 19 |
Interest Expense Interest ExpenseCr | 28 | 29 | 37 | 102 | 125 | 85 | 66 | 59 | 14 | 14 | 10 | 7 |
Depreciation DepreciationCr | 7 | 6 | 4 | 3 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| 30 | 33 | 14 | -64 | -52 | -184 | -20 | -11 | -398 | 2 | -1,710 | -1,700 |
| 8 | 5 | 6 | -25 | 8 | 19 | -1 | 0 | -16 | -2 | -81 | -80 |
|
| 62.3 | 30.5 | -68.9 | -533.2 | -56.0 | -238.5 | 90.3 | 46.9 | -3,543.5 | 101.3 | -33,227.2 | 0.6 |
| 2.6 | 4.1 | 1.3 | -7.0 | -9.8 | -25.6 | -2.7 | -1.6 | -60.3 | 1.0 | -252.1 | -281.2 |
| 1.4 | 1.9 | 0.6 | -2.5 | -3.8 | -12.9 | -1.3 | -0.7 | -24.3 | 0.3 | -103.5 | -102.9 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Equity Capital Equity CapitalCr | 79 | 79 | 79 | 79 | 79 | 79 | 79 | 79 | 79 | 79 | 79 |
| 1,578 | 1,610 | 1,618 | 1,580 | 344 | 131 | 112 | 102 | -280 | -270 | -1,899 |
Current Liabilities Current LiabilitiesCr | 3,423 | 3,531 | 3,316 | 3,251 | 5,158 | 5,427 | 5,354 | 5,240 | 5,097 | 4,861 | 4,990 |
Non Current Liabilities Non Current LiabilitiesCr | 423 | 399 | 401 | 261 | 148 | 110 | 64 | 39 | 28 | 24 | 24 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 4,293 | 4,370 | 4,284 | 4,011 | 4,664 | 4,715 | 4,577 | 4,390 | 4,065 | 3,834 | 2,755 |
Non Current Assets Non Current AssetsCr | 1,209 | 1,249 | 1,129 | 1,159 | 1,065 | 1,032 | 1,031 | 1,069 | 867 | 864 | 443 |
Total Assets Total AssetsCr |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Operating Cash Flow Operating Cash FlowCr | 134 | 129 | 88 | 178 | 163 | 118 | 99 | 92 | 20 | 67 | -20 |
Investing Cash Flow Investing Cash FlowCr | -5 | -5 | 10 | 24 | 35 | -10 | 16 | -2 | 20 | 2 | 13 |
Financing Cash Flow Financing Cash FlowCr | -123 | -138 | -102 | -209 | -201 | -110 | -116 | -83 | -32 | -71 | -2 |
|
Free Cash Flow Free Cash FlowCr | 133 | 190 | 85 | 183 | 202 | 122 | 105 | 92 | 20 | 66 | |
| 609.3 | 451.8 | 988.8 | -460.3 | -270.0 | -57.8 | -503.3 | -873.9 | -5.2 | 1,362.0 | 1.3 |
CFO To EBITDA CFO To EBITDA% | 211.0 | 311.0 | 198.1 | 375.4 | 261.2 | -554.2 | 1,393.7 | 331.9 | -4.8 | 454.7 | 1.2 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 369 | 277 | 238 | 306 | 177 | 56 | 92 | 211 | 179 | 142 | 58 |
Price To Earnings Price To Earnings | 16.9 | 9.7 | 26.5 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 29.1 | 0.0 |
Price To Sales Price To Sales | 0.4 | 0.4 | 0.3 | 0.6 | 0.3 | 0.1 | 0.1 | 0.3 | 0.3 | 0.3 | 0.1 |
Price To Book Price To Book | 0.2 | 0.2 | 0.1 | 0.2 | 0.4 | 0.3 | 0.5 | 1.2 | -0.9 | -0.7 | 0.0 |
| 12.1 | 16.0 | 14.2 | 12.0 | 5.1 | -7.7 | 57.0 | 16.9 | -1.0 | 21.9 | -0.1 |
Profitability Ratios Profitability Ratios |
| 94.4 | 103.5 | 100.4 | 100.5 | 100.3 | 96.3 | 100.2 | 99.9 | 88.8 | 98.9 | -63.4 |
| 7.5 | 5.9 | 6.6 | 8.6 | 10.1 | -2.7 | 1.0 | 4.3 | -64.6 | 3.1 | -264.5 |
| 2.6 | 4.1 | 1.3 | -7.0 | -9.8 | -25.6 | -2.7 | -1.6 | -60.3 | 1.0 | -252.1 |
| 2.8 | 3.0 | 2.5 | 2.0 | 12.6 | -30.0 | 8.8 | 10.2 | -678.2 | 131.1 | 105.1 |
| 1.3 | 1.7 | 0.5 | -2.3 | -14.2 | -97.1 | -10.4 | -5.8 | 190.1 | -2.6 | 89.5 |
| 0.4 | 0.5 | 0.2 | -0.8 | -1.1 | -3.5 | -0.3 | -0.2 | -7.7 | 0.1 | -50.9 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
### **Company Profile**
**Ansal Properties & Infrastructure Ltd (APIL)** is a well-established integrated township developer with over **five decades of experience** in real estate development across North India. As a master developer, APIL specializes in creating large-scale, self-sustainable urban ecosystems that integrate **residential, commercial, retail, hospitality, educational, and social infrastructure** under one umbrella. The company operates primarily in **National Capital Region (NCR), Uttar Pradesh, Haryana, Punjab, Rajasthan**, and **Madhya Pradesh**, with a strategic emphasis on **Tier 2 cities** to tap into reverse migration and hybrid work trends.
APIL has delivered over **280 million sq. ft.** of real estate and continues to expand its presence through flagship brands such as **‘Ansal Plaza’**, **‘Sushant City’**, and **‘Golf Links’**, leveraging strong brand equity to support new launches and market penetration.
---
### **Strategic Focus & Business Model**
#### **Core Development Areas**
- **Integrated Townships**: Flagship projects include:
- **Sushant Golf City (Lucknow, UP)** – A **6,465-acre hi-tech residential township**, recognized as one of **Asia’s largest integrated developments**.
- Features an **18-hole PGA-standard golf course** designed by Dr. Martin Hawtree (UK), spanning 400 acres.
- Hosts **Medanta, The Medicity** (800–900 bed multi-super specialty hospital), **Lulu Mall** (2 million sq. ft., with multiplex, hypermarket & amusement park), and **ISKCON Spiritual Centre**.
- Home to **G D Goenka, SJ International, Jaipuria, and Kunskapkollon (Swedish) Schools**, enhancing educational infrastructure.
- Integrated with a **1,600-acre IT/ITES hub** (UP Govt. & HCL joint venture) and supported by **Amul production facility** and **oncology hospital with OPD services**.
- Over **1,200 families already reside** here; possession handed over on more than 3,500 units.
- **Golf Links I & II (Mohali, Punjab)**:
- **Golf Links I** (240 acres, Sector 114): Possession delivered on **residential plots, commercial plots, independent floors, and built-up units**. AWHO constructed **1,000 high-rise units**, with over **500 families in possession**.
- **Golf Links II** (106 acres, Sector 116): **Fully developed**, possession of residential plots completed, with independent floors to be handed over.
- **Green Escape (Sonepat, Haryana)** – A **30-acre lifestyle township** along the **Kundli-Manesar-Palwal Expressway**, designed as a "city within a city" with proximity to **Rajeev Gandhi Education City**.
- **Versalia & Esencia (Sector 67A/67, Gurugram)**:
- **Esencia**, a **142-acre green township**, developed on **three DTCP-approved land licenses**, is **~95% complete**.
- **567 residential units (Blocks C, D, E)** have been **fully sold**, with **80–85% sale deeds executed**.
- **~25 floors in D & E blocks** pending physical possession due to minor completion gaps.
- Fully registered under **GRIHA (Green Rating for Integrated Habitat Assessment)** with support from **ADARSH** (Ministry of New & Renewable Energy & TERI).
#### **Diversified Portfolio**
APIL executes projects across multiple asset classes:
- **Residential**: Luxury villas, group housing, serviced plots, SCOs.
- **Commercial & Retail**: High-rise office blocks (Ansal Zenith Towers), IT/ITES parks (Greater Noida), and **Ansal Plaza** shopping malls.
- **Hospitality**: Operates clubs in **Jaipur, Lucknow, and Ahmedabad** via associates.
- **Education**: Founded **Sushant School of Art & Design**, now **Ansal University** (under Haryana Private Universities Act, 2006).
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### **Current Projects & Pipeline (as of Apr–Oct 2025)**
#### **Ongoing Developments**
- **Two Integrated Townships in Gurugram (Haryana)**: **Versalia** (Sector 67A) and **Esencia** (Sector 67) – progressing toward completion and handover.
- **Pre-Engineered Steel Warehouses** in **Gurgaon & Jhajjar** (3.5–16.8 acres) for private clients.
- **RCC-Based Hospital Project**: **Daffodil-Artemis Hospital** (B+G+6) in Gurgaon – reflects expansion into **non-warehouse construction**.
#### **New Launches & Inventory Expansion**
- In **2023**, launched **~517,000 residential units** across 8 major cities, up from **431,000 in 2022**.
- Product innovation driven by rising demand for **luxury and larger homes** among **HNIs, UHNIs, and upper-middle-class buyers**.
- Shift in focus toward **self-contained offices (SCOs)** with standardized designs.
#### **Land Bank & Expansion Rights**
- Holds **exclusive rights to acquire and develop ~2,000 acres** in the **DPR-approved area**, offering significant future inventory growth potential.
- Strategy includes **joint developments, land acquisition, and strategic collaborations** to optimize capital and scale.
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### **Retail & Hospitality Verticals**
- **Ansal Plaza Brand**: Dual model of **leasing and selling** retail developments.
- Operational shopping malls in **Gurugram, Palam Vihar, Greater Noida, Jalandhar, Ludhiana, Jodhpur, Ajmer, and Sonepat**.
- Properties feature **multiplexes, food courts, hypermarkets (Walmart in Sushant Golf City), and entertainment zones**.
- **Hospitality**: Club operations in **Jaipur, Lucknow**, and other key cities through **subsidiaries/associates**.
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### **Leadership & Governance**
- **Shri Pranav Ansal** (Graduate, Hans Raj College): Key leader driving expansion; pioneered **Ansal Plaza** and initiated **India’s mall revolution**.
- **Shri Deepak Mowar**: Over **20 years in real estate & hospitality**, with legal & commerce background.
- **Shri Dheeraj Goel**: **25+ years’ experience** in sales, marketing, and operations; led high-profile joint ventures and launches.
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### **Ownership & Group Structure**
- **Ansal Hi-Tech Townships Limited** owns 100% of:
- Aabad Real Estates Ltd.
- Ablaze Buildcon Pvt. Ltd.
- Affluent Realtors Pvt. Ltd.
- Anchor Infraprojects Ltd.
- Arz Properties Ltd.
- **Delhi Towers Ltd.** holds 100% in **Ansal Condominium Ltd.**
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### **Sustainability & Innovation**
- **Esencia (Gurugram)** is a **pilot GRIHA-certified green township**, emphasizing **resource conservation, environmental protection, and recycling**.
- Collaboration with **ADARSH, TERI, and Ministry of New & Renewable Energy** underscores commitment to **sustainable urban development**.
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