TARC Ltd

Why is TARC Ltd falling/rising?

As of 18-Jul, TARC Ltd's stock price has risen slightly to 118.25, but it remains below key moving averages and has underperformed its sector. Despite recent positive quarterly results, the company faces significant challenges, including a 40.79% decline over the past year and a negative EBITDA, indicating a cautious outlook for investors.

As of 18-Jul, TARC Ltd's stock price is experiencing a slight rise, with a current price of 118.25, reflecting a change of 0.2 (0.17%) upwards. This increase comes after a trend reversal, as the stock has gained after seven consecutive days of decline. However, despite this recent uptick, the stock has underperformed its sector by 0.92% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally weak performance.<BR><BR>The stock has faced significant challenges over the past year, with a decline of 40.79%, which is substantially worse than the broader market's negative return of 0.67%. Additionally, the company has reported operating losses and has a high Debt to EBITDA ratio of -7.17 times, indicating a low ability to service its debt. While the company has shown positive results in the last four consecutive quarters, including a 107.4% growth in PAT and the highest net sales at Rs 208.70 cr, these positives are overshadowed by the negative EBITDA of Rs. -264.43 cr and a low Return on Equity of 0.66%.<BR><BR>Overall, while there is a minor rise in the stock price today, the underlying fundamentals and recent performance trends suggest that TARC Ltd remains in a precarious position, leading to a cautious outlook for investors.

Which are the latest news on TARC Ltd?

What does TARC Ltd do?

TARC Ltd, a small-cap company incorporated in 2016, develops residential projects, hotels, and warehouses. As of March 2026, it reported net sales of ₹209 Cr and a net profit of ₹2 Cr, with a market cap of ₹3,757 Cr.

Overview:<BR>TARC Ltd is engaged in the development of residential projects, hotels, branded and service apartments, and warehouses, operating within the realty industry and classified as a small-cap company.<BR><BR>History:<BR>TARC Ltd was incorporated in 2016 and was formerly known as Anant Raj Global Limited until it changed its name on April 19, 2021. The most recent quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 209 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 2 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 3,757 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 194.00 <BR>Industry P/E: 33 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 1.71 <BR>Return on Equity: 1.79% <BR>Price to Book: 3.51 <BR><BR>Contact Details:<BR>Details: No Company Details Available <BR>Registrar Address: Not available.

How big is TARC Ltd?

As of 10th June, TARC Ltd has a market capitalization of 3,757.00 Cr, with recent Net Sales of 329.84 Cr and a Net Profit of 19.06 Cr. The latest Balance Sheet shows Shareholder's Funds of 1,042.96 Cr and Total Assets of 4,105.97 Cr.

As of 10th June, TARC Ltd has a market capitalization of 3,757.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, TARC Ltd reported Net Sales of 329.84 Cr and a Net Profit of 19.06 Cr.<BR><BR>The latest annual period for TARC Ltd's Balance Sheet is March 2025, showing Shareholder's Funds of 1,042.96 Cr and Total Assets of 4,105.97 Cr.

Who are in the management team of TARC Ltd?

The management team of TARC Ltd includes Amar Sarin (Managing Director & CEO), Muskaan Sarin (Whole-time Director), Anil Sarin (Chairman), and several Independent Directors: M R Nayak, Ambarish Chatterjee, Jyoti Ghosh, and Bindu Acharya.

The management team of TARC Ltd includes the following members:<BR><BR>1. Amar Sarin - Managing Director & CEO<BR>2. M R Nayak - Independent Director<BR>3. Muskaan Sarin - Whole-time Director<BR>4. Ambarish Chatterjee - Independent Director<BR>5. Anil Sarin - Chairman (Non-Executive)<BR>6. Jyoti Ghosh - Independent Director<BR>7. Bindu Acharya - Independent Director<BR><BR>If you have any more questions about TARC Ltd or its management, feel free to ask!

Who are the peers of the TARC Ltd?

TARC Ltd's peers include Puravankara, Keystone Realtor, AGI Infra, Sunteck Realty, Raymond Realty, Kesar India, Raymond, Ashiana Housing, and Kolte Patil Dev. TARC Ltd has below-average management and growth ratings, with a 1-year return of -33.66%, better than Puravankara but worse than AGI Infra, which had the highest return at 102.04%.

Peers: The peers of TARC Ltd are Puravankara, Keystone Realtor, AGI Infra, Sunteck Realty, Raymond Realty, Kesar India, Raymond, Ashiana Housing, and Kolte Patil Dev.<BR><BR>Quality Snapshot: Excellent management risk is observed at Kesar India and Ashiana Housing, while Average management risk is found at Puravankara, AGI Infra, Sunteck Realty, and Raymond, and the rest. Below Average management risk is noted for Keystone Realtor and TARC Ltd. In terms of Growth, Excellent growth is seen at Kesar India and Ashiana Housing, Average growth is found at Puravankara, Keystone Realtor, AGI Infra, Sunteck Realty, Raymond, and Kolte Patil Dev., while Below Average growth is noted for TARC Ltd. Capital Structure ratings show Excellent at Kesar India and Ashiana Housing, Good at AGI Infra, and Below Average at Puravankara, Keystone Realtor, Sunteck Realty, Raymond, TARC Ltd, and Kolte Patil Dev.<BR><BR>Return Snapshot: The peer with the highest 1-year return is AGI Infra at 102.04%, while the lowest is Puravankara at -34.52%. TARC Ltd's 1-year return is -33.66%, which is better than Puravankara but worse than AGI Infra. Additionally, the peers with negative six-month returns include Puravankara, Keystone Realtor, Sunteck Realty, and Kolte Patil Dev.

Should I buy, sell or hold TARC Ltd?

Are TARC Ltd latest results good or bad?

TARC Ltd's latest results show impressive sales growth of 443.77% quarter-on-quarter, but ongoing operational losses and a low return on equity raise concerns about the sustainability of its profitability, suggesting the overall outlook is more negative than positive.

TARC Ltd's latest results present a mixed picture, highlighting both significant sales growth and ongoing operational challenges. In Q4 FY26, the company reported net sales of ₹208.70 crores, a remarkable increase of 443.77% quarter-on-quarter. This surge in revenue is impressive; however, it comes alongside persistent operational losses, with an operating loss of ₹90.26 crores, resulting in a negative operating margin of 43.25%. <BR><BR>While the company achieved a marginal net profit of ₹1.62 crores, this was largely due to other income of ₹91.32 crores, which offset the core operating losses. This reliance on non-operating income raises concerns about the sustainability of TARC's profitability.<BR><BR>Moreover, TARC's return on equity is a mere 0.32%, indicating severe capital inefficiency compared to its peers. The stock has underperformed significantly over the past year, declining 21.36% compared to the Sensex's 8.83% fall, reflecting investor skepticism regarding its competitive positioning and operational execution in a challenging real estate environment.<BR><BR>In summary, while TARC Ltd has shown impressive sales growth, the underlying operational losses and weak return metrics suggest that the results are more concerning than positive, indicating fundamental challenges within the company's business model.

Is TARC Ltd technically bullish or bearish?

As of December 1, 2025, TARC Ltd's technical trend is mildly bearish, indicated by bearish MACD and KST readings, mixed RSI signals, and mildly bearish Bollinger Bands, suggesting cautious sentiment with prevailing bearish pressure in the short to medium term.

As of 1 December 2025, the technical trend for TARC Ltd has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD is bearish on the weekly chart and mildly bearish on the monthly chart, indicating a lack of upward momentum. The RSI shows no signal on the weekly timeframe but is bullish on the monthly, suggesting some potential for recovery. Bollinger Bands are mildly bearish on both weekly and monthly charts, reinforcing the bearish sentiment. Moving averages on the daily timeframe are also mildly bearish. KST is bearish on the weekly and mildly bearish on the monthly, while Dow Theory indicates a mildly bullish stance on the weekly but no trend on the monthly. Overall, the mixed signals suggest a cautious outlook, with bearish pressure prevailing in the short to medium term.

How has been the historical performance of TARC Ltd?

TARC Ltd has experienced significant financial decline, with net sales dropping from 368.12 Cr in Mar'23 to 33.69 Cr in Mar'25, and operating profit turning negative at -132.97 Cr. The company also reported increasing losses, with profit after tax falling from 20.37 Cr to -231.29 Cr during the same period.

Answer:<BR>The historical performance of TARC Ltd shows significant fluctuations over the years, particularly in net sales and profitability.<BR><BR>Breakdown:<BR>TARC Ltd's net sales have seen a dramatic decline from 368.12 Cr in Mar'23 to just 33.69 Cr in Mar'25, reflecting a downward trend in revenue generation. Total operating income followed a similar pattern, dropping from 368.12 Cr in Mar'23 to 33.69 Cr in Mar'25. The company's total expenditure, excluding depreciation, peaked at 435.05 Cr in Mar'22 but has since decreased to 166.66 Cr in Mar'25. Operating profit (PBDIT) turned negative in Mar'25 at -132.97 Cr, following a positive figure of 158.96 Cr in Mar'23. This decline is mirrored in the profit before tax, which fell from 41.15 Cr in Mar'23 to -243.19 Cr in Mar'25. The profit after tax also showed a negative trend, moving from a profit of 20.37 Cr in Mar'23 to a loss of 231.29 Cr in Mar'25. On the balance sheet, total liabilities increased from 3,068.41 Cr in Mar'23 to 4,105.97 Cr in Mar'25, while total assets rose from 3,068.41 Cr to 4,105.97 Cr in the same period. Cash flow from operating activities decreased significantly, resulting in a net cash outflow of -10.00 Cr in Mar'25, compared to a net inflow of 89.00 Cr in Mar'23. Overall, TARC Ltd's financial performance indicates a challenging period marked by declining revenues and increasing losses.

How has been the historical performance of TARC Ltd?

TARC Ltd has experienced significant financial decline, with net sales dropping from 368.12 Cr in Mar'23 to 33.69 Cr in Mar'25, and operating profit turning negative at -127.77 Cr. The company reported a loss of -231.29 Cr in profit after tax for Mar'25, reflecting ongoing operational challenges.

Answer:<BR>The historical performance of TARC Ltd shows significant fluctuations in its financial metrics over the years, particularly in net sales, operating profit, and net profit.<BR><BR>Breakdown:<BR>TARC Ltd's net sales have seen a dramatic decline from 368.12 Cr in Mar'23 to just 33.69 Cr in Mar'25, reflecting a downward trend in total operating income as well. The company's total expenditure, excluding depreciation, peaked at 435.05 Cr in Mar'22 but has since decreased to 166.66 Cr in Mar'25. This reduction in expenditure has not translated into profitability, as the operating profit (PBDIT) turned negative, dropping from 165.50 Cr in Mar'23 to -127.77 Cr in Mar'25. The profit before tax also worsened, moving from a positive 41.15 Cr in Mar'23 to -243.19 Cr in Mar'25. Consequently, the profit after tax has remained negative, with a loss of -231.29 Cr reported in Mar'25, compared to a profit of 20.37 Cr in Mar'23. The company's total assets increased from 3,230.58 Cr in Mar'20 to 4,105.97 Cr in Mar'25, while total liabilities also rose significantly, reaching 4,105.97 Cr in Mar'25. Cash flow from operating activities has declined sharply, with a cash inflow of only 42.00 Cr in Mar'25 compared to 158.00 Cr in Mar'24. Overall, TARC Ltd's financial performance has been characterized by increasing losses and declining sales, indicating challenges in its operational efficiency and market position.

How has been the historical performance of TARC Ltd?

TARC Ltd has faced significant financial challenges, with net sales and total operating income plummeting from 368.12 Cr in Mar'23 to 33.69 Cr in Mar'25, resulting in a negative profit after tax of -231.29 Cr. Total liabilities increased from 3,068.41 Cr to 4,105.97 Cr during the same period, indicating a deteriorating financial position.

Answer:<BR>The historical performance of TARC Ltd shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>TARC Ltd's net sales have seen a dramatic decline from 368.12 Cr in Mar'23 to just 33.69 Cr in Mar'25. Total operating income followed a similar trend, dropping from 368.12 Cr in Mar'23 to 33.69 Cr in Mar'25. The raw material costs also decreased significantly, from 167.81 Cr in Mar'23 to 43.36 Cr in Mar'25. However, total expenditure, excluding depreciation, increased from 209.16 Cr in Mar'23 to 166.66 Cr in Mar'25, leading to an operating profit (PBDIT) that turned negative, reaching -132.97 Cr in Mar'25 compared to a positive 158.96 Cr in Mar'23. Interest expenses rose to 106.43 Cr in Mar'25, contributing to a profit before tax of -243.19 Cr. Consequently, the profit after tax also turned negative, amounting to -231.29 Cr in Mar'25. The company's total liabilities increased from 3,068.41 Cr in Mar'23 to 4,105.97 Cr in Mar'25, while total assets rose from 3,068.41 Cr to 4,105.97 Cr in the same period. Cash flow from operating activities decreased to 42.00 Cr in Mar'25, and the closing cash and cash equivalents fell to 48.00 Cr. Overall, TARC Ltd has experienced a challenging financial landscape with declining revenues and increasing liabilities.

When is the next results date for TARC Ltd?

TARC Ltd will declare its results on 12 August 2025.

TARC Ltd will declare its results on 12 August 2025.

Who are the top shareholders of the TARC Ltd?

The top shareholders of TARC Ltd include promoter Anil Sarin with 33.48%, mutual funds holding 4.9%, foreign institutional investors at 2.3%, and the highest public shareholder, Bandhan Small Cap Fund, with 2.7%. Individual investors collectively own 18.13% of the company.

The top shareholders of TARC Ltd include the promoters, who hold the majority of the shares. Anil Sarin is the promoter with the highest holding at 33.48%. Additionally, mutual funds hold 4.9% of the shares through 9 different schemes, while foreign institutional investors (FIIs) have a stake of 2.3% across 77 FIIs. The highest public shareholder is Bandhan Small Cap Fund, which holds 2.7%. Individual investors collectively own 18.13% of the company.

Is TARC Ltd overvalued or undervalued?

As of August 13, 2024, TARC Ltd is considered risky and overvalued due to negative financial ratios, including a PE ratio of -23.18 and an EV to EBITDA of -60.43, despite recent stock performance outpacing the Sensex.

As of 13 August 2024, TARC Ltd has moved from a valuation grade of very expensive to risky. The company is currently assessed as overvalued based on its financial ratios, which include a PE ratio of -23.18, an EV to EBITDA of -60.43, and a ROE of -22.17%. These figures indicate significant financial distress and a lack of profitability, which are concerning for potential investors.<BR><BR>In comparison to its peers, TARC Ltd's valuation stands out negatively; for instance, DLF Ltd has a PE ratio of 46.64 and Macrotech Developers boasts a PE of 54.71, both classified as very expensive. The stark contrast in valuation metrics suggests that TARC Ltd is not only underperforming relative to its peers but also carries higher risk. Despite recent stock performance that outpaced the Sensex, with a 1-month return of 34.51% compared to the Sensex's 3.81%, the underlying financial health raises red flags, reinforcing the conclusion that TARC Ltd is overvalued.

Has TARC Ltd declared dividend?

No Dividend History Available