TARC Limited

TARC Limited

116.10
INR
-1.25
(-1.07%)
-0.41EPS
37.20BMarket Cap
Nov 09Next Earn
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
4.37
6.47
3.23
6.25
2.16
0.94
10.97
15.55
Basic EPS, GAAP
1.8
0.21
-7.89
0.69
-2.61
-7.84
0.65
-0.41
Free Cash Flow per Basic Share
2.25
4.26
-2.75
-2.97
3.97
0.17
5.4
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
52.78
53.01
45.13
45.8
43.19
35.34
35.99
- -
Tangible Book Value per Share
43.38
43.6
35.72
36.39
33.78
25.94
26.58
- -
Basic Weighted Avg Shares
295
295
295
295
295
295
295
303
Sales/Revenue/Turnover
1,290
1,910
955
1,845
637
278
3,238
4,711
Operating Margin (%)
13.29
-2.76
-173.35
-5.68
-90.21
-446.75
-14.48
-24.14
Depreciation Expense
75
82
87
72
65
90
101
98
Net Income, GAAP
531
62
-2,327
203
-770
-2,312
191
-125
Effective Tax Rate (%)
17.94
- -
- -
50.49
- -
- -
- -
- -
Profit Margin (%)
41.18
3.23
-243.83
11.02
-120.98
-830.69
5.89
-2.66
Working Capital
1,474
1,523
-3,268
8,823
4,394
1,570
7,165
- -
LT Debt
9,768
10,192
55
11,365
9,292
10,530
15,882
- -
Total Equity
15,580
15,646
13,320
13,520
12,749
10,432
10,623
- -
Return on Invested Capital (%)
- -
- -
- -
-0.31
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
2.98
- -
- -
- -
- -
Return on Common Equity (%)
- -
0.4
-16.07
1.52
-5.87
-19.95
1.81
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
3,087
- -
LT Borrowings
- -
15,853
- -
LT Finance Leases
- -
29
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
295
295
295
Market Capitalization
50,078
32,918
37,197

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
26,570
- -
Cash, Cash Equivalents & STI
- -
1,540
- -
Accounts Receivable, Net
- -
68
- -
Inventories
- -
23,958
- -
Total Current Liabilities
- -
19,405
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
3,087
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-7.08%
1.83%
Free Cash Flow
- -
515.95%
3,065.89%
Net Income, GAAP
- -
-872.7%
-108.25%
Sales/Revenue/Turnover
- -
196.94%
1,063.19%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
82
43
93
118
278
2026
759
69
384
2,087
3,238
2027
2,171
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-1.04
-2.28
-0.97
-3.54
-7.84
2026
1.84
-0.53
-0.71
0.05
0.65
2027
0.77
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Amar Sarin
Full Time Employees
412
Sector
Finance
Industry
Real estate development
Address
C3, Qutab Institutional Area Katwaria Sarai DE India 110016
IPO Date
Dec 18, 2020
Website
tarc.in
Business
TARC Limited (TARC.NS), a premier real estate developer, engages in the construction and development of luxury residential, commercial, township, special economic zone (SEZ), IT park, and retail projects in India; it also owns, leases, and sells real estate properties including land, plots, apartments, and commercial units while maintaining substantial land banks primarily in the New Delhi Metropolitan Area. Incorporated in 2016 and headquartered at 2nd Floor, C-3, Qutab Institutional Area, Katwaria Sarai, New Delhi, India, the company—formerly known as Anant Raj Global Limited, with a name change in April 2021—focuses on ultra-luxury residential developments in key markets such as New Delhi and Gurugram, targeting high-net-worth individuals and non-resident Indians (NRIs) through projects like TARC Ishva, TARC Kailasa, and TARC Tripundra. Its operations emphasize integration of Indian heritage with modern aesthetics, sustainability, and premium amenities to deliver experiential living spaces. Recent developments include robust presales growth, with Q2 FY2025 presales reaching Rs 1,012 crore (900% year-on-year increase) and H1 FY2026 sales at Rs 565 crore alongside Rs 1,364 crore collections and Rs 1,652 crore cashflows; debt refinancing of Rs 1,000 crore at a reduced borrowing cost of 12.75% from over 18%; launches of its Rs 7,500-8,000 crore gross development value pipeline across three projects; and earlier funding infusion of Rs 1,330 crore from Bain Capital in 2022 to support expansion.