Annu Projects Share Price Target 2026, 2027, 2030, 2040, 2050
Annu Projects works in telecom, sewerage, gas pipelines and railway signalling. The company provides construction and infrastructure services to government departments, public sector companies and private businesses. Its telecom work includes laying optical fibre cables and building underground and overhead cable networks. In the sewerage sector, it works on sewer pipelines, pumping stations, treatment plants and drainage systems. The company also installs gas pipelines, including MDPE and PNG pipelines, and helps provide gas connections. It has also entered the railway signalling business.
What is Annu Projects Ltd?
Annu Projects, earlier known as Annu Infra Construct (India) Private Limited, is an Indian infrastructure company started in 2003. The company builds and maintains different types of important infrastructure projects across India. Its main work includes telecom projects, where it installs telecom towers, cables and optical fibre networks. It also works on sewerage projects, such as laying sewer pipes, building sewage treatment plants, pumping stations and drainage systems. In the gas sector, the company lays pipelines and provides gas connections for homes and businesses.
The company takes on infrastructure projects and manages the work from the planning stage to construction and maintenance. It works in different areas such as telecom, sewerage and gas pipelines, which gives the company more than one source of income. It has experience in both underground and overhead projects and uses its engineers, workers and project teams to complete the work. The company works with government departments, public sector companies and private businesses. In 2026, its share price target would be ₹290, as per stock market analysts.
According to stock market analysts, its share price would be between ₹64 to ₹290 in 2026.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 64 | 290 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | — | — |
| February | — | — |
| March | — | — |
| April | — | — |
| May | — | — |
| June | — | — |
| July | — | — |
| August | — | — |
| September | 64 | 120 |
| October | 77 | 180 |
| November | 120 | 230 |
| December | 155 | 290 |
The company surveys, plans and installs telecom towers, cables and other network equipment. It also lays optical fibre cables through underground and overhead routes. These cables are important for internet, phone and other communication services. The company has worked on telecom projects for both government and private organisations. In 2027, its share price target would be ₹360, as per stock market analysts.
According to stock market analysts, its share price would be between ₹170 to ₹360 in 2027.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 170 | 360 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 170 | 212 |
| February | 180 | 232 |
| March | 185 | 255 |
| April | 189 | 274 |
| May | 200 | 290 |
| June | 212 | 312 |
| July | 225 | 322 |
| August | 236 | 336 |
| September | 254 | 348 |
| October | 274 | 351 |
| November | 290 | 355 |
| December | 300 | 360 |
The company has strong experience in optical fibre cable work. Optical fibre cables help carry internet and communication data quickly over long distances. Annu Projects has worked on both underground and overhead fibre networks. The company says it has laid more than 25,000 kilometres of optical fibre networks and has also helped maintain more than 50,000 kilometres of fibre networks in different areas. In 2028, its share price target would be ₹505, as per stock market analysts.
According to stock market analysts, its share price would be between ₹317 to ₹505 in 2028.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 317 | 505 |
It also works on sewerage and drainage projects. Its work includes laying sewer pipes, building manholes, sewage treatment plants, pumping stations and drainage systems. These projects help cities manage wastewater properly and improve cleanliness and public health. The company has worked with various government organisations involved in urban development and sewerage projects. In 2029, its share price target would be ₹612, as per stock market analysts.
According to stock market analysts, its share price would be between ₹470 to ₹612 in 2029.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 470 | 612 |
The company also works in the gas pipeline sector. It lays MDPE pipelines and installs GI connections to supply gas to homes and businesses. These pipelines are part of city gas distribution networks. It has worked on gas pipeline projects in states such as Bihar, Uttar Pradesh, Odisha, Gujarat and Jharkhand. It has carried out projects for companies including Indraprastha Gas Limited, Gujarat Gas Limited and GAIL India Limited. In 2030, its share price target would be ₹785, as per stock market analysts.
According to stock market analysts, its share price would be between ₹577 to ₹785 in 2030.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 577 | 785 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 577 | 642 |
| February | 589 | 665 |
| March | 598 | 685 |
| April | 610 | 700 |
| May | 628 | 712 |
| June | 636 | 720 |
| July | 654 | 738 |
| August | 674 | 748 |
| September | 690 | 765 |
| October | 712 | 775 |
| November | 732 | 781 |
| December | 740 | 785 |
It has also worked under the BharatNet programme, which aims to improve internet and broadband services in rural areas of India. The company received work under BharatNet as part of the Digital India programme. It has also received telecom network maintenance work from Bharat Sanchar Nigam Limited. The company has further been involved in BharatNet Phase III work through a consortium for a project in Kerala. In 2040, its share price target would be ₹1874, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1410 to ₹1874 in 2040.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 1410 | 1874 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1410 | 1558 |
| February | 1441 | 1575 |
| March | 1458 | 1590 |
| April | 1474 | 1621 |
| May | 1490 | 1635 |
| June | 1525 | 1652 |
| July | 1554 | 1668 |
| August | 1550 | 1685 |
| September | 1574 | 1721 |
| October | 1590 | 1748 |
| November | 1632 | 1790 |
| December | 1680 | 1874 |
It has a presence in several parts of India. It has worked on projects in states such as Bihar, Jharkhand, Odisha, West Bengal, Uttar Pradesh, Madhya Pradesh, Gujarat and Goa. Its telecom work covers a wider area, while its sewerage and gas pipeline projects are carried out in different states based on the contracts it receives. The company uses its project management experience, local partners and supplier network to support its work. In 2050, its share price target would be ₹4020, as per stock market analysts.
According to stock market analysts, its share price would be between ₹3707 to ₹4020 in 2050.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 3707 | 4020 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 3707 | 3832 |
| February | 3741 | 3855 |
| March | 3765 | 3987 |
| April | 3784 | 3900 |
| May | 3800 | 3933 |
| June | 3825 | 3950 |
| July | 3841 | 3969 |
| August | 3858 | 3987 |
| September | 3875 | 4014 |
| October | 3890 | 4044 |
| November | 3921 | 4087 |
| December | 4022 | 4020 |
Should I buy Annu Projects stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 64 | 290 |
| 2027 | 170 | 360 |
| 2028 | 317 | 505 |
| 2029 | 470 | 612 |
| 2030 | 577 | 785 |
| 2040 | 1410 | 1874 |
| 2050 | 3707 | 4020 |
The company works in different areas such as telecom, optical fibre, sewerage, gas pipelines and railway projects, giving it several opportunities to grow. It also earns good returns from its business, which shows that the company is using its money properly. However, there are some risks. Many customers take a long time to pay the company, so a lot of money remains stuck in pending payments. Overall, it has good growth potential, but it is not without risk.
Annu Projects earnings results (Financials)
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
| Sales + | 110 | 129 | 154 | 180 | 241 |
| Expenses + | 100 | 114 | 124 | 147 | 191 |
| Operating Profit | 10 | 15 | 30 | 33 | 50 |
| OPM % | 9% | 12% | 19% | 18% | 21% |
| Other Income + | 3 | 1 | 1 | 2 | 3 |
| Interest | 3 | 4 | 4 | 4 | 4 |
| Depreciation | 4 | 2 | 2 | 2 | 3 |
| Profit before tax | 6 | 10 | 25 | 28 | 46 |
| Tax % | 30% | 30% | 29% | 26% | 28% |
| Net Profit + | 4 | 7 | 18 | 21 | 33 |
| EPS in Rs | 15.54 | 27.18 | 66.31 | 4.30 | 6.91 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Is Annu Projects stock good to buy? (bull case & bear case)
Bull Case:
- The company’s sales increased from ₹110 crore in FY22 to ₹241 crore in FY26.
- Net profit grew from ₹4 crore in FY22 to ₹33 crore in FY26, showing a strong improvement in the company’s earnings.
- Operating profit increased from ₹10 crore in FY22 to ₹50 crore in FY26.
- Its operating profit margin improved from 9% in FY22 to 21% in FY26.
- The company’s sales grew by around 23% per year over three years, while its profit grew by around 66% per year, showing that profits have increased much faster than sales.
- ROCE was 34.4%, and ROE was 27.1%, which are good numbers and show that the company is using its money well to earn profits.
Bear Case:
- Its borrowings increased from ₹16 crore in FY24 to ₹24 crore in FY25, so investors should keep an eye on the company’s debt.
- The company paid around ₹4 crore in interest in FY25, which reduces the profit left after paying its financial costs.
- Its working capital days increased from 65 days in FY24 to 170 days in FY25, meaning more money is getting stuck in the business.
- The company had negative operating cash flow of ₹35 crore in FY25, which is a concern because the company made a profit but did not receive enough cash from its business.
Conclusion
It has shown good growth in recent years, as its sales and profits have increased and its profit margin has also improved. The company works in different areas, such as telecom, optical fibre, sewerage, gas pipelines and railway projects. This gives it more opportunities to grow in the future. However, there are some risks too. Customers take a long time to pay, which can leave a lot of money stuck in the business. Overall, it has good long-term growth potential, but investors should carefully check its financial performance and risks before investing.
