TARC
TARC Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for TARC Ltd, framed against the sector median so the premium or discount is obvious at a glance.
TARC Ltd trades at a P/E of 195.83× and P/B of 3.45×.
Valuation
Profitability
Growth
Financial Health
TARC Ltd financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for TARC Ltd, switchable between annual and quarterly views, consolidated or standalone.
TARC Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹3,732.97 Cr and reported EPS of ₹0.64.
| Period | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Revenue from Operations | 191 | 251 | 368 | 111 | 34 | 330 |
| Other Income | 30 | 50 | 7 | 10 | 5 | 342 |
| Total Income | 221 | 301 | 375 | 121 | 39 | 672 |
| Cost of Goods Sold (COGS) | 165 | 280 | 52 | -42 | 43 | 263 |
| Gross Profit | 26 | -29 | 317 | 153 | -10 | 67 |
| +Operating Expenses | 26 | 155 | 158 | 106 | 123 | 331 |
| EBITDA | -0 | -184 | 159 | 47 | -133 | -264 |
| +Non-Operating Expenses | 29 | 95 | 124 | 143 | 115 | 63 |
| Profit Before Tax (PBT) | 1 | -229 | 41 | -86 | -243 | 15 |
| +Tax Expense | -5 | 3 | 21 | -9 | -12 | -4 |
| Profit After Tax (PAT) | 6 | -233 | 20 | -77 | -231 | 19 |
| Earnings Per Share (EPS) | 0.21 | -7.89 | 0.69 | -2.61 | -3.54 | 0.65 |
| Diluted Shares Outstanding (Nos.) | 30 | 30 | 30 | 30 | 30 | 30 |
| +Additional Disclosures | 385 | 810 | 385 | 166 | 325 | 920 |
| Sales Growth % | — | 31.21 | 46.92 | -69.73 | -69.77 | 879.09 |
| YoY Sales Growth % | — | 31.21 | 46.92 | -69.73 | -69.77 | 879.09 |
| Material Cost % | 86 | 112 | 46 | 58 | 129 | 214 |
| Employee Cost % | 5 | 3 | 3 | 12 | 46 | 9 |
| Other Cost % | 9 | 59 | 40 | 83 | 320 | 91 |
| OPM % | -0 | -74 | 43 | 42 | -395 | -80 |
| Tax % | -566 | -1 | 50 | 10 | 5 | -29 |
| Profit Growth % | — | -3,870.85 | 108.75 | -478.40 | -200.20 | 108.23 |
| Gross Margin % | 0.00 | -0.00 | 0.00 | 0.00 | -0.00 | 0.00 |
| EBITDA Margin % | -0.00 | -0.00 | 0.00 | 0.00 | -0.00 | -0.00 |
| Interest Coverage Ratio | -0.00 | -0.00 | 0.00 | 0.00 | -0.00 | -0.00 |
| Additional Fields | -8 | -193 | 152 | 40 | -142 | -275 |
TARC segment analysis: revenue and profit mix.
Disclosed business segments at TARC with their share of revenue and profit, switchable between consolidated and standalone reporting.
TARC discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
TARC Ltd investment thesis: bull case, bear case, and the flip lines.
Why someone would buy TARC Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
TARC Ltd's investment case rests on 9 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
TARC exhibits strong promoter confidence with 65.1% holding, indicating stable leadership.
Company demonstrated exceptional quarterly sales growth of 824.00%, signaling strong revenue rebound.
TARC reported substantial quarterly profit growth of 277.00%, indicating positive shift towards profitability.
Integrated business model encompasses diverse real estate projects. residential, commercial, townships.
Company holds substantial land banks, crucial for long-term growth and expansion.
What can break it.
Company exhibits significant profitability concerns with negative ROE -20.00% and ROCE -4.83%.
TARC carries a high debt burden, with debt-to-equity ratio of 1.87.
Negative Earnings Per Share of -4.96 highlights a lack of current earnings.
Severely negative Operating Profit Margin -381.73% indicates core operations are highly unprofitable.
Persistent negative long-term revenue growth -24.50% and FOCF CAGR -38.80%.
What would change my mind.
Trim if P/E re-rates above 255. The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 178.88. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 8%. The operating engine is no longer compounding capital efficiently.
TARC Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — TARC Ltd is highlighted for quick read-across.
Quick Compare
Peer Comparison
TARC Ltd technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for TARC Ltd — derived from the live tape, not yesterday's close.
TARC Ltd last traded at ₹125.33 with an intraday range of ₹122–₹126.5 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹125.33| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 136.22 | +10.89 | +8.69% |
| R3 | 131.72 | +6.39 | +5.10% |
| R2 | 129.11 | +3.78 | +3.02% |
| R1 | 127.22 | +1.89 | +1.51% |
| PIVOT | 124.61 | -0.72 | -0.57% |
| CURRENT | 125.33 | — | — |
| S1 | 113.72 | -11.61 | -9.26% |
| S2 | 118.22 | -7.11 | -5.67% |
| S3 | 120.11 | -5.22 | -4.17% |
| S4 | 122.72 | -2.61 | -2.08% |
TARC is trading Above CPR, indicating Bullishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: 122 ~ 123.99
Trading Above opening range, showing Bullishness
TARC Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for TARC Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in TARC Ltd stood at 53.5% of traded volume, against a 20-day average of 54.2%.
TARC announcements: results, concalls, ratings, M&A.
Filings TARC sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
TARC files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 80 documents below.
Copy of Newspaper Publication
TARC Limited has informed the Exchange about Copy of Newspaper Publication
Disclosure under SEBI Takeover Regulations
Amar Sarin has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) & 31(5) of the Securities and Exchange Board of India…
Action(s) initiated or orders passed
TARC Limited has informed the Exchange about Action(s) initiated or orders passed
Press Release
TARC Limited has informed the Exchange regarding a press release dated April 15, 2026, titled "TARC Limited builds momentum with Delivery Milestones…
Certificate under SEBI (Depositories and Participants) Regulations, 2018
TARC Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
Investor decks & rating reports.
TARC insider trading: promoter and management activity.
Promoter, director and designated-employee transactions in TARC as reported to SEBI — buying and selling signals from the people who know the business best.
TARC insider activity below tracks 4 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| Muskaan Sarin | Insider | 25 Feb 2025 | buy | +50.0 K | ₹63.55 L | ₹127.09 |
| Muskaan Sarin | Insider | 12 Feb 2025 | buy | +2.00 L | ₹2.47 Cr | ₹123.66 |
| Muskaan Sarin | Insider | 11 Feb 2025 | buy | +1.46 L | ₹1.93 Cr | ₹131.81 |
| Muskaan Sarin | Insider | 10 Feb 2025 | buy | +53.8 K | ₹72.29 L | ₹134.47 |
TARC dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue TARC has declared, sequenced by announce and record date.
TARC corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About TARC Ltd: business, sector, key facts.
What TARC Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
TARC Ltd operates in the Real Estate, listed as NSE: TARC, BSE: 543249.
TARC Limited is an Indian real estate and construction company operating primarily within the country. Their business model is multifaceted, encompassing various aspects of the real estate lifecycle from development to sales and leasing.
A significant portion of TARC's business revolves around the construction and development of diverse real estate projects. This includes residential complexes catering to individual homebuyers, commercial properties aimed at businesses and corporate entities, large-scale township developments that incorporate residential, commercial, and recreational spaces, Special Economic Zones (SEZs) designed to attract foreign investment and promote export-oriented businesses, IT parks providing infrastructure for technology companies, and shopping malls providing retail spaces.
Beyond development, TARC also engages in property ownership and leasing. This indicates a strategy to generate consistent income streams through rental income from properties they own and manage. This portfolio likely consists of various property types complementing their development activities.
The company's revenue streams are further diversified through direct sales of real estate units. These units comprise a broad range of properties including land parcels, plots for individual development, apartments in residential complexes, and commercial units within their developed projects. The management and sale of these units are core to their business operations.
Finally, TARC holds substantial land banks. These land reserves represent significant future development potential and are crucial for the company's long-term growth and expansion plans. The strategic acquisition and management of these land banks are integral to securing future projects and maintaining a competitive edge in the market.
In summary, TARC Limited operates across the entire real estate spectrum, from initial land acquisition and development to the sale and leasing of completed properties. Their integrated business model, encompassing a wide range of property types and activities, positions them for sustainable growth within India's dynamic real estate sector. The company’s history, having been incorporated in 2016, under the previous name Anant Raj Global Limited, speaks to a relatively recent but evidently successful establishment within the industry.
Questions investors ask about TARC Ltd (TARC).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of TARC Ltd (TARC)?
The current share price of TARC Ltd (TARC) is ₹125.33. Today, the stock has gained by ₹4.11 (3.39%), trading in a range of ₹122 to ₹126.5. The stock opened at ₹123 with a trading volume of 2,03,277 shares.
02Is TARC Ltd stock a good investment for long-term?
TARC Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹3,732.97 crores, P/E ratio of 195.83, ROE of 1.81%, and ROCE of -4.83%. The dividend yield stands at 0.00%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of TARC Ltd stock?
The 52-week high price of TARC Ltd (TARC) is ₹0, while the 52-week low is ₹0. Currently trading at ₹125.33, the stock is Infinity% away from its 52-week low and -Infinity% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy TARC Ltd stock at the current price?
Whether to buy TARC Ltd stock at ₹125.33 depends on multiple factors. The stock is currently trading with a P/E ratio of 195.83 and P/B ratio of 3.45. Today's performance shows a gain of 3.39%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of TARC Ltd and when is the next dividend?
TARC Ltd offers a dividend yield of 0.00%, which means for every ₹100 invested at the current price of ₹125.33, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of TARC Ltd?
TARC Ltd's key financial metrics include: P/E Ratio: 195.83, P/B Ratio: 3.45, ROE: 1.81%, ROCE: -4.83%, Dividend Yield: 0.00%, EPS: ₹0.64, Book Value: ₹36.38, and Debt-to-Equity: 178.38. The company's market cap stands at ₹3,732.97 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is TARC Ltd stock performing today in the market?
TARC Ltd stock opened at ₹123 and is currently trading at ₹125.33, showing a gain of ₹4.11 (3.39%). The intraday high is ₹126.5 and low is ₹122. The trading volume stands at 2,03,277 shares, indicating moderate market participation today.
08What is the P/E ratio of TARC Ltd and what does it indicate?
TARC Ltd has a Price-to-Earnings (P/E) ratio of 195.83, which means investors are willing to pay ₹195.83 for every ₹1 of earnings. With an EPS of ₹0.64, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about TARC Ltd (TARC) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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