Tarmat Ltd (TARMAT) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{
  "main_header": {
    "sid": 121253,
    "name": "Tarmat",
    "stock_name": "Tarmat",
    "full_name": "Tarmat Ltd",
    "name_url": "stocks-analysis/tarmat",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "55.01",
    "chg": 0.14,
    "chgp": "0.26%",
    "dir": 1,
    "prev_price": "54.87",
    "mcapval": "137.88 Cr",
    "mcap": "Micro Cap",
    "scripcode": 532869,
    "symbol": "TARMAT",
    "ind_name": "Construction",
    "ind_code": 19,
    "indexname": "",
    "isin": "INE924H01018",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": "30.42 k",
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
    "Live": 1,
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  "news": {
    "results": [
      {
        "title": "Tarmat's Evaluation Metrics Revised Amid Mixed Financial and Market Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/tarmat-stock-upgraded-from-strong-sell-to-sell-by-marketsmojo-3748061",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/Tarmat_mojoScore_3748061.png",
        "date": "2025-12-05 10:11:01",
        "description": "Tarmat, a microcap player in the construction sector, has recently undergone a revision in its evaluation metrics reflecting nuanced shifts across key analytical parameters. This development comes amid a backdrop of mixed financial performance and subdued market returns, prompting a reassessment of the company’s standing within its sector."
      },
      {
        "title": "Is Tarmat overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-tarmat-overvalued-or-undervalued-3713542",
        "imagepath": "",
        "date": "2025-11-19 08:07:48",
        "description": "As of 18 November 2025, Tarmat's valuation grade has moved from fair to attractive, indicating a more favorable outlook. The company is currently assessed as undervalued, particularly when considering its PE ratio of 41.77, a Price to Book Value of 0.80, and an EV to EBITDA of 35.81. These ratios suggest that while the stock is trading at a premium in terms of earnings, it remains attractive relative to its book value and operational cash flows.\n\nWhen compared to peers, Tarmat's valuation metrics stand out. For instance, Larsen & Toubro, also rated attractive, has a lower PE ratio of 34.3 and an EV to EBITDA of 18.1, highlighting that Tarmat may offer better growth potential at a lower relative cost. In contrast, CG Power & Ind is deemed very expensive with a PE of 108.1, further emphasizing Tarmat's relative value. Additionally, Tarmat's recent stock performance has lagged behind the Sensex, with a year-to..."
      },
      {
        "title": "Tarmat Reports Strong Growth Metrics Amid Challenges in Operating Cash Flow",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/tarmats-financial-trend-improves-from-positive-to-very-positive-with-4560-sales-growth-3711789",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/Tarmat_fintrenddot_3711789.png",
        "date": "2025-11-18 12:00:08",
        "description": "Tarmat, a microcap construction firm, reported strong financial results for the quarter ending September 2025, with significant growth in net sales and cash reserves. Despite challenges in operating cash flow, the company achieved its highest PBDIT and profit after tax, indicating effective management and potential for future recovery."
      },
      {
        "title": "Tarmat Ltd Q2 FY26: Strong Profit Growth Masks Underlying Operational Challenges",
        "link": "https://www.marketsmojo.com/news/result-analysis/tarmat-ltd-q2-fy26-strong-profit-growth-masks-underlying-operational-challenges-3711687",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/Tarmat_quaterlyResult_3711687.png",
        "date": "2025-11-18 09:47:12",
        "description": "Tarmat Ltd., a Mumbai-based micro-cap construction company, reported a dramatic 111.59% quarter-on-quarter surge in net profit to ₹1.46 crores for Q2 FY26, driven largely by exceptional other income of ₹0.75 crores. However, the company's core operating performance reveals a more concerning picture, with revenue declining 9.10% sequentially to ₹22.67 crores despite posting a respectable 45.60% year-on-year growth. The stock, currently trading at ₹52.00 with a market capitalisation of ₹130.33 crores, has declined 1.42% following the results announcement, continuing a troubling downward trajectory that has seen it lose 31.24% over the past year."
      },
      {
        "title": "Is Tarmat overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-tarmat-overvalued-or-undervalued-3709706",
        "imagepath": "",
        "date": "2025-11-18 08:19:26",
        "description": "As of 17 November 2025, Tarmat's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued, with a PE ratio of 43.21, an EV to EBITDA of 37.05, and a PEG ratio of 0.47, suggesting that its growth prospects are relatively attractive compared to its current price. \n\nIn comparison to peers, Tarmat's PE ratio is higher than that of Larsen & Toubro, which stands at 34.55, but significantly lower than CG Power & Ind, which is currently very expensive at a PE of 110.51. This positions Tarmat in a competitive light within the construction industry, especially considering its lower PEG ratio compared to peers like Siemens, which has a PEG of 1.63. Notably, Tarmat's recent stock performance has underperformed the Sensex over the past year, with a decline of 31.67% compared to the Sensex's gain of 9.50%, which may reinforce t..."
      },
      {
        "title": "How has been the historical performance of Tarmat?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-tarmat-3708489",
        "imagepath": "",
        "date": "2025-11-17 22:51:46",
        "description": "Answer:\nThe historical performance of Tarmat shows significant fluctuations in key financial metrics over the years.\n\nBreakdown:\nTarmat's net sales have seen a decline from 276.35 Cr in Mar'20 to 101.28 Cr in Mar'25, with a notable drop in Mar'23 at 143.66 Cr and Mar'22 at 181.01 Cr. Total operating income followed a similar trend, decreasing from 276.35 Cr in Mar'20 to 101.28 Cr in Mar'25. The raw material cost increased from 39.08 Cr in Mar'25 compared to 31.40 Cr in Mar'24, while employee costs rose to 9.24 Cr in Mar'25 from 7.14 Cr in Mar'24. Operating profit (PBDIT) showed a slight recovery to 3.83 Cr in Mar'25 from 2.85 Cr in Mar'24, although it was significantly lower than the 12.02 Cr recorded in Mar'20. Profit before tax turned positive at 1.81 Cr in Mar'25 after a loss of 1.26 Cr in Mar'24, and profit after tax also improved to 1.87 Cr from a loss of 1.13 Cr. The company's total assets increased t..."
      },
      {
        "title": "How has been the historical performance of Tarmat?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-tarmat-3702787",
        "imagepath": "",
        "date": "2025-11-14 23:33:18",
        "description": "Answer:\nThe historical performance of Tarmat shows significant fluctuations in key financial metrics over the years.\n\nBreakdown:\nTarmat's net sales have seen a decline from 276.35 Cr in Mar'20 to 101.28 Cr in Mar'25, with a notable drop in Mar'23 compared to previous years. Total operating income followed a similar trend, decreasing from 276.35 Cr in Mar'20 to 101.28 Cr in Mar'25. The raw material cost increased from 37.05 Cr in Mar'21 to 39.08 Cr in Mar'25, while employee costs rose from 3.19 Cr in Mar'19 to 9.24 Cr in Mar'25. Operating profit (PBDIT) has fluctuated, peaking at 12.02 Cr in Mar'20 and dropping to 3.83 Cr in Mar'25. Profit before tax turned positive again in Mar'25 at 1.81 Cr after a loss in Mar'24. Profit after tax also improved to 1.87 Cr in Mar'25 from a loss of 1.13 Cr in the previous year. The company's total liabilities increased from 198.04 Cr in Mar'24 to 235.86 Cr in Mar'25, while t..."
      },
      {
        "title": "Are Tarmat latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-tarmat-latest-results-good-or-bad-3702155",
        "imagepath": "",
        "date": "2025-11-14 19:26:43",
        "description": "Tarmat has reported its financial results for the quarter ending June 2025, highlighting several operational trends. The company achieved net sales of Rs 62.73 crore, reflecting a year-on-year growth of 47.74%, which indicates a strong demand for its services compared to the previous year. The operating profit reached Rs 1.12 crore, marking the highest level in five quarters, with an operating profit margin of 4.49%, suggesting enhanced operational efficiency during this period.\n\nProfit before tax increased to Rs 0.58 crore, and profit after tax stood at Rs 0.69 crore, both representing the highest figures in the last five quarters. Additionally, earnings per share rose to Rs 0.34, which points to improved profitability for shareholders.\n\nHowever, Tarmat is facing challenges as indicated by a decline in its debtors turnover ratio to 4.66 times, the lowest in the last five half-yearly periods, suggesting a s..."
      },
      {
        "title": "How has been the historical performance of Tarmat?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-tarmat-3676932",
        "imagepath": "",
        "date": "2025-11-06 22:43:36",
        "description": "Answer:\nThe historical performance of Tarmat shows significant fluctuations in key financial metrics over the years.\n\nBreakdown:\nTarmat's net sales have seen a decline from 276.35 Cr in Mar'20 to 101.28 Cr in Mar'25, with a notable drop in Mar'23 compared to previous years. Total operating income followed a similar trend, decreasing from 276.35 Cr in Mar'20 to 101.28 Cr in Mar'25. The raw material costs have varied, peaking at 66.37 Cr in Mar'20 and settling at 39.08 Cr in Mar'25. Operating profit, which was 12.02 Cr in Mar'20, fell to 3.83 Cr by Mar'25, reflecting a declining operating profit margin. Profit before tax turned positive again in Mar'25 at 1.81 Cr after a loss in Mar'24, while profit after tax also rebounded to 1.87 Cr from a loss of 1.13 Cr the previous year. The company's total liabilities decreased from 269.67 Cr in Mar'20 to 235.86 Cr in Mar'25, while total assets also decreased from 269.6..."
      }
    ],
    "total": 97,
    "sid": "121253",
    "stock_news_url": "https://www.marketsmojo.com/news/tarmat-121253"
  },
  "announcements": [
    {
      "caption": "Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011",
      "datetime": "01-Dec-2025",
      "details": "The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Dilip Varghese",
      "source": "BSE"
    },
    {
      "caption": "Disclosure Under Regulation 7(2)(B) Of Securities Exchange Board Of India (Prohibition Of Insider Trading) Regulations 2015 (SEBI (PIT) Regulations 2015)",
      "datetime": "29-Nov-2025",
      "details": "With reference to the above captioned subject please note that Mr. Dilip Varghese Promoter Director of Tarmat Limited has acquired 19000 equity shares representing 0.08% of the paid-up equity share capital of Tarmat Limited on November 28 2025. Submitting the requisite disclosures .",
      "source": "BSE"
    },
    {
      "caption": "Disclosure Under Regulation 7(2)(B) Of Securities Exchange Board Of India (Prohibition Of Insider Trading) Regulations 2015 (SEBI (PIT) Regulations 2015)",
      "datetime": "25-Nov-2025",
      "details": "With reference to the above subject please note that Mr. Dilip Varghese Promoter Director of Tarmat Limited has acquired 9000 equity shares representing 0.05% of the paid-up equity share capital of Tarmat Limited on November 24 2025. We are hereby submitting the requisite disclosure under Regulation 7(2)(b) of SEBI (PIT) Regulations 2015.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Tarmat Ltd has declared <strong>10%</strong> dividend, ex-date: 20 Sep 10",
          "dt": "2010-09-20",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
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}

News and Views

Tarmat's Evaluation Metrics Revised Amid Mixed Financial and Market Signals

2025-12-05 10:11:01

Tarmat, a microcap player in the construction sector, has recently undergone a revision in its evaluation metrics reflecting nuanced shifts across key analytical parameters. This development comes amid a backdrop of mixed financial performance and subdued market returns, prompting a reassessment of the company’s standing within its sector.

Is Tarmat overvalued or undervalued?

2025-11-19 08:07:48

As of 18 November 2025, Tarmat's valuation grade has moved from fair to attractive, indicating a more favorable outlook. The company is currently assessed as undervalued, particularly when considering its PE ratio of 41.77, a Price to Book Value of 0.80, and an EV to EBITDA of 35.81. These ratios suggest that while the stock is trading at a premium in terms of earnings, it remains attractive relative to its book value and operational cash flows. When compared to peers, Tarmat's valuation metrics stand out. For instance, Larsen & Toubro, also rated attractive, has a lower PE ratio of 34.3 and an EV to EBITDA of 18.1, highlighting that Tarmat may offer better growth potential at a lower relative cost. In contrast, CG Power & Ind is deemed very expensive with a PE of 108.1, further emphasizing Tarmat's relative value. Additionally, Tarmat's recent stock performance has lagged behind the Sensex, with a year-to...

Tarmat Reports Strong Growth Metrics Amid Challenges in Operating Cash Flow

2025-11-18 12:00:08

Tarmat, a microcap construction firm, reported strong financial results for the quarter ending September 2025, with significant growth in net sales and cash reserves. Despite challenges in operating cash flow, the company achieved its highest PBDIT and profit after tax, indicating effective management and potential for future recovery.

Tarmat Ltd Q2 FY26: Strong Profit Growth Masks Underlying Operational Challenges

2025-11-18 09:47:12

Tarmat Ltd., a Mumbai-based micro-cap construction company, reported a dramatic 111.59% quarter-on-quarter surge in net profit to ₹1.46 crores for Q2 FY26, driven largely by exceptional other income of ₹0.75 crores. However, the company's core operating performance reveals a more concerning picture, with revenue declining 9.10% sequentially to ₹22.67 crores despite posting a respectable 45.60% year-on-year growth. The stock, currently trading at ₹52.00 with a market capitalisation of ₹130.33 crores, has declined 1.42% following the results announcement, continuing a troubling downward trajectory that has seen it lose 31.24% over the past year.

Is Tarmat overvalued or undervalued?

2025-11-18 08:19:26

As of 17 November 2025, Tarmat's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued, with a PE ratio of 43.21, an EV to EBITDA of 37.05, and a PEG ratio of 0.47, suggesting that its growth prospects are relatively attractive compared to its current price. In comparison to peers, Tarmat's PE ratio is higher than that of Larsen & Toubro, which stands at 34.55, but significantly lower than CG Power & Ind, which is currently very expensive at a PE of 110.51. This positions Tarmat in a competitive light within the construction industry, especially considering its lower PEG ratio compared to peers like Siemens, which has a PEG of 1.63. Notably, Tarmat's recent stock performance has underperformed the Sensex over the past year, with a decline of 31.67% compared to the Sensex's gain of 9.50%, which may reinforce t...

How has been the historical performance of Tarmat?

2025-11-17 22:51:46

Answer: The historical performance of Tarmat shows significant fluctuations in key financial metrics over the years. Breakdown: Tarmat's net sales have seen a decline from 276.35 Cr in Mar'20 to 101.28 Cr in Mar'25, with a notable drop in Mar'23 at 143.66 Cr and Mar'22 at 181.01 Cr. Total operating income followed a similar trend, decreasing from 276.35 Cr in Mar'20 to 101.28 Cr in Mar'25. The raw material cost increased from 39.08 Cr in Mar'25 compared to 31.40 Cr in Mar'24, while employee costs rose to 9.24 Cr in Mar'25 from 7.14 Cr in Mar'24. Operating profit (PBDIT) showed a slight recovery to 3.83 Cr in Mar'25 from 2.85 Cr in Mar'24, although it was significantly lower than the 12.02 Cr recorded in Mar'20. Profit before tax turned positive at 1.81 Cr in Mar'25 after a loss of 1.26 Cr in Mar'24, and profit after tax also improved to 1.87 Cr from a loss of 1.13 Cr. The company's total assets increased t...

How has been the historical performance of Tarmat?

2025-11-14 23:33:18

Answer: The historical performance of Tarmat shows significant fluctuations in key financial metrics over the years. Breakdown: Tarmat's net sales have seen a decline from 276.35 Cr in Mar'20 to 101.28 Cr in Mar'25, with a notable drop in Mar'23 compared to previous years. Total operating income followed a similar trend, decreasing from 276.35 Cr in Mar'20 to 101.28 Cr in Mar'25. The raw material cost increased from 37.05 Cr in Mar'21 to 39.08 Cr in Mar'25, while employee costs rose from 3.19 Cr in Mar'19 to 9.24 Cr in Mar'25. Operating profit (PBDIT) has fluctuated, peaking at 12.02 Cr in Mar'20 and dropping to 3.83 Cr in Mar'25. Profit before tax turned positive again in Mar'25 at 1.81 Cr after a loss in Mar'24. Profit after tax also improved to 1.87 Cr in Mar'25 from a loss of 1.13 Cr in the previous year. The company's total liabilities increased from 198.04 Cr in Mar'24 to 235.86 Cr in Mar'25, while t...

Are Tarmat latest results good or bad?

2025-11-14 19:26:43

Tarmat has reported its financial results for the quarter ending June 2025, highlighting several operational trends. The company achieved net sales of Rs 62.73 crore, reflecting a year-on-year growth of 47.74%, which indicates a strong demand for its services compared to the previous year. The operating profit reached Rs 1.12 crore, marking the highest level in five quarters, with an operating profit margin of 4.49%, suggesting enhanced operational efficiency during this period. Profit before tax increased to Rs 0.58 crore, and profit after tax stood at Rs 0.69 crore, both representing the highest figures in the last five quarters. Additionally, earnings per share rose to Rs 0.34, which points to improved profitability for shareholders. However, Tarmat is facing challenges as indicated by a decline in its debtors turnover ratio to 4.66 times, the lowest in the last five half-yearly periods, suggesting a s...

How has been the historical performance of Tarmat?

2025-11-06 22:43:36

Answer: The historical performance of Tarmat shows significant fluctuations in key financial metrics over the years. Breakdown: Tarmat's net sales have seen a decline from 276.35 Cr in Mar'20 to 101.28 Cr in Mar'25, with a notable drop in Mar'23 compared to previous years. Total operating income followed a similar trend, decreasing from 276.35 Cr in Mar'20 to 101.28 Cr in Mar'25. The raw material costs have varied, peaking at 66.37 Cr in Mar'20 and settling at 39.08 Cr in Mar'25. Operating profit, which was 12.02 Cr in Mar'20, fell to 3.83 Cr by Mar'25, reflecting a declining operating profit margin. Profit before tax turned positive again in Mar'25 at 1.81 Cr after a loss in Mar'24, while profit after tax also rebounded to 1.87 Cr from a loss of 1.13 Cr the previous year. The company's total liabilities decreased from 269.67 Cr in Mar'20 to 235.86 Cr in Mar'25, while total assets also decreased from 269.6...

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