Tarc
- Market cap
- ₹ 3,243 Cr.
- P/E
- 202.5x
- P/B
- 3.22x
- 52-week range
- 108 – 186.3
- ROE
- 2%
- ROCE
- 2%
- Dividend yield
- 0%
- Debt / equity
- 1.78
- Sector
- Realty
- Industry
- Residential, Commercial Projects
- Listed on
- NSE, BSE
About
TARC Limited is an India-based real estate development company. The Company is engaged in carrying out the business of construction and development of residential projects, commercial projects, township projects, Special Economic Zone (SEZ), information technology park, and malls in the State of Delhi, Haryana, Uttar Pradesh and the National Capital Region and derives rental income from investment properties. Its projects include TARC Kailasa, TARC Tripundra, TARC Maceo, TARC Ishva, TARC Hauz Khas (drawing stage) and TARC Residences Chattarpur (drawing stage). The TARC Kailasa project is located in Central West Delhi, on Patel Road, which offers large-format residences in 3 and 4 Bedroom, Hall, and Kitchen (BHK) configurations with penthouse. TARC Ishva is a luxury living, located along the prime Golf Course Extension Road in Sector-63A, Gurugram. TARC Tripundra is a luxury living space situated in the South Delhi enclave of Bijwasan Road, comprising 3 and 4 BHK residences.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Residential, Commercial Projects: 174 companies →Tarc against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)202.5 against a typical 23.3: pricier than most peers (1st = cheapest).153rd of 173
- Sales growth+185.5% against a typical +6.6% from a year earlier.18th of 134
- Profit growth−57.4% against a typical +2.9% from a year earlier.78th of 108
- Share price, 3 months−15.9% against a typical −9.9%.102nd of 147
- Size₹ 3,242.8 Cr. market value against a typical ₹ 129.6 Cr. (1st = largest).28th of 163
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated BBB- by Infomerics- Infomerics has warned it may lower the rating soon.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Infomerics | IVR BBB- | RWNI | 11 May 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 11 May 2026 | Reaffirmed | IVR BBB- | — | Infomerics | ₹ 409 Cr. | |
| 22 Dec 2025 | Reaffirmed | IVR BBB- | — | Infomerics | ₹ 409 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 11 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026, amendments to the Debenture Trust Deed and other business matters |
| 29 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 7 Feb 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 11 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 12 Aug 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
| 29 May 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2025 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 30 | 9 | 9 | 8 | 4 | 9 | 12 | 76 | 7 | 38 | 209 | 217 |
| Expenses | 39 | 4 | 14 | 23 | 29 | 21 | 95 | 196 | 43 | 57 | 299 | 177 |
| Operating Profit | −9 | 6 | −4 | −15 | −24 | −11 | −84 | −120 | −36 | −18 | −90 | 40 |
| OPM % | −32% | 60% | −43% | −178% | −566% | −120% | −708% | −159% | −519% | −47% | −43% | 19% |
| Other Income | 5 | 2 | 1 | 1 | 1 | 2 | 2 | 219 | 27 | 4 | 91 | 2 |
| Interest | 12 | 35 | 42 | 13 | 49 | 19 | 25 | 15 | 11 | 11 | 15 | 18 |
| Depreciation | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 3 | 2 |
| Profit before tax | −18 | −28 | −47 | −28 | −76 | −31 | −109 | 81 | −22 | −28 | −17 | 22 |
| Tax % | −106% | 18% | 10% | 11% | −11% | −8% | −4% | 33% | −28% | −24% | −109% | −3% |
| Net Profit | 1 | −33 | −52 | −31 | −67 | −29 | −105 | 54 | −16 | −21 | 2 | 23 |
| EPS in Rs | 0.04 | −1.13 | −1.75 | −1.04 | −2.28 | −0.97 | −3.54 | 1.84 | −0.53 | −0.71 | 0.05 | 0.77 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 12%
- 3 Years
- −4%
- TTM
- 365%
- 10 Years
- —
- 5 Years
- 25%
- 3 Years
- −5%
- TTM
- 91%
- 10 Years
- —
- 5 Years
- 28%
- 3 Years
- 11%
- TTM
- —
- 10 Years
- —
- 5 Years
- −8%
- 3 Years
- −8%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Tarc | ₹ 109.04 | ₹ 3,243 Cr. | 202.5x | 3.2x | 2% | — |
| DLF | ₹ 653.55 | ₹ 1,61,774 Cr. | 39x | 3.6x | 10% | 32% |
| Lodha Developers | ₹ 963.00 | ₹ 1,01,441 Cr. | 33.7x | 5.1x | 15.8% | 20.6% |
| Indus Towers | ₹ 380.00 | ₹ 1,00,250 Cr. | 14.9x | 2.7x | 19.8% | 22% |
| Oberoi Realty | ₹ 1,587.20 | ₹ 57,846 Cr. | 27.3x | 3.8x | — | 41.6% |
| Godrej Properties | ₹ 1,497.90 | ₹ 45,121 Cr. | 166x | 3.3x | 10.2% | 35.9% |
Management
- Amar Sarin
- Chief Executive Officer, Managing Director, Executive Director
- Nitin Kumar Goel
- Chief Financial Officer
- Amit Narayan
- Compliance Officer, Company Secretary
- Muskaan Sarin
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.