Tarmat

Which are the latest news on Tarmat?

Why is Tarmat Ltd falling/rising?

As of 17-Jul, Tarmat Ltd's stock price is Rs 48.17, reflecting a 0.68% decrease and a significant downward trend with a 1-year drop of 21.43%. The stock is trading below all key moving averages and has seen reduced investor interest, nearing its 52-week low.

As of 17-Jul, Tarmat Ltd's stock price is falling, currently at Rs 48.17, which reflects a decrease of Rs 0.33 or 0.68%. The stock has been on a downward trend, having lost 4.37% over the last three days. Additionally, the stock's performance over various periods shows significant declines, with a 1-year drop of 21.43% and a 5-year decline of 38.32%, contrasting sharply with the Sensex, which has seen positive returns in those same time frames.<BR><BR>The stock is also trading below its moving averages for 5 days, 20 days, 50 days, 100 days, and 200 days, indicating a bearish trend. Furthermore, investor participation has decreased, with delivery volume on 16 July falling by 68.84% compared to the 5-day average, suggesting reduced interest from investors. The stock is close to its 52-week low, being only 3.86% away from Rs 46.31. All these factors contribute to the ongoing decline in Tarmat Ltd's stock price.

How big is Tarmat?

As of 10th June, Tarmat Ltd has a market capitalization of 130.00 Cr, with recent net sales of 117.38 Cr and a net profit of 6.24 Cr. Shareholder's funds are 173.27 Cr and total assets are 235.86 Cr as of March 2025.

As of 10th June, Tarmat Ltd has a market capitalization of 130.00 Cr and is classified as a Micro Cap company.<BR><BR>In the latest four quarters, Tarmat reported Net Sales of 117.38 Cr and a Net Profit of 6.24 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, where Shareholder's Funds amounted to 173.27 Cr and Total Assets were 235.86 Cr.

Who are in the management team of Tarmat?

The management team of Tarmat includes Shivatosh Chakraborty (CFO & Company Secretary), Regina Sinha (Chairperson), Amit Shah (Executive Director), Ramesh Chander Gupta (Independent Director), Kishan Kumar Kinra (Independent Director), Amit Kumar Goyal (Director), and Jayeshbhai M. Patel (Director).

The management team of Tarmat includes the following individuals:<BR><BR>1. **Shivatosh Chakraborty** - CFO & Company Secretary<BR>2. **Regina Sinha** - Chairperson<BR>3. **Amit Shah** - Executive Director<BR>4. **Ramesh Chander Gupta** - Independent Director<BR>5. **Kishan Kumar Kinra** - Independent Director<BR>6. **Amit Kumar Goyal** - Director<BR>7. **Jayeshbhai M. Patel** - Director<BR><BR>If you need more information about any specific member or their roles, feel free to ask!

Who are the peers of the Tarmat?

Tarmat's peers include Bharat Road, Udayshivakumar, Oval Projects, BCPL Railway, Modulex Const., Maruti Infra., HEC Infra Proj., Winsol Engineers, and Kay Cee. Management risk varies from excellent at Oval Projects and Winsol Engineers to below average at Tarmat and others, with Tarmat's 1-year return at -8.93%, better than some peers but lower than most.

Peers: The peers of Tarmat are Bharat Road, Udayshivakumar, Oval Projects, BCPL Railway, Modulex Const., Maruti Infra., HEC Infra Proj., Winsol Engineers, and Kay Cee.<BR><BR>Quality Snapshot: Excellent management risk is observed at Oval Projects and Winsol Engineers, while Good management risk is found at Kay Cee. Below Average management risk is noted at Bharat Road, Udayshivakumar, BCPL Railway, Tarmat, Maruti Infra., and HEC Infra Proj. Growth is Excellent at Oval Projects and HEC Infra Proj., Good at Winsol Engineers and Kay Cee, while Below Average growth is seen at Bharat Road, Udayshivakumar, BCPL Railway, Tarmat, Modulex Const., and Maruti Infra. Capital Structure is Good at Tarmat and Oval Projects, while Below Average is noted at Bharat Road, Udayshivakumar, BCPL Railway, Maruti Infra., and HEC Infra Proj., and the rest do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Oval Projects at N/A, while the lowest is Refex Renewables at -68.81%. Tarmat's own 1-year return is -8.93%, which is higher than Refex Renewables but lower than most peers. Additionally, peers such as Modulex Const., Maruti Infra., and BCPL Railway have negative six-month returns.

What does Tarmat do?

Tarmat Ltd is a micro-cap construction company, originally incorporated in 1986, with recent quarterly net sales of 42 Cr and a net profit of 3 Cr as of March 2026. The company has a market cap of INR 130 Cr and operates under various financial metrics, including a P/E ratio of 21.00.

Overview:<BR>Tarmat Ltd operates in the construction industry and is categorized as a micro-cap company.<BR><BR>History:<BR>Tarmat Ltd was originally incorporated in 1986 under the name Jerry Varghese Constructions Private Limited. The company underwent several name changes, becoming Tarmat Infrastructural & Engineering Private Limited in 1994, Roman Tarmat Private Limited in 2005, and finally Tarmat Limited in 2012. It transitioned from a private limited to a public limited company in December 2005. The latest quarterly results reported net sales and net profit for March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 42 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 3 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 130 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 21.00<BR>- Industry P/E: 44<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.03<BR>- Return on Equity: 3.34%<BR>- Price to Book: 0.70<BR><BR>Contact Details:<BR>- Address: Tank Road Off Gen Vaidya Marg, Garegaon (East) Mumbai Maharashtra : 400063<BR>- Phone: 91-022-28402130/1180<BR>- Email: ipo@romantarmat.com/tarmatcs@romant<BR>- Website: http://www.romantarmat.com

Should I buy, sell or hold Tarmat Ltd?

Are Tarmat Ltd latest results good or bad?

Tarmat Ltd's Q4 FY26 results are strong, with a net profit increase of 419.30% year-on-year and revenue growth of 12.36%. However, despite these improvements, investor confidence is low, as reflected by an 8.29% decline in share price over the past year.

Tarmat Ltd's latest results for Q4 FY26 can be considered quite good, showcasing significant improvements in both revenue and profitability. The company reported a net profit of ₹2.96 crores, which is an impressive 419.30% increase year-on-year. Additionally, revenue rose to ₹42.46 crores, marking a 12.36% increase compared to the same quarter last year and a substantial 55.47% increase from the previous quarter.<BR><BR>The operating margin also reached a record high of 6.83%, reflecting enhanced operational efficiency. Furthermore, the profit after tax margin improved significantly to 6.97%, up from 1.51% in the same quarter last year.<BR><BR>However, despite these strong quarterly results, Tarmat has faced challenges in gaining investor confidence, with its shares declining 8.29% over the past year, contrasting with a broader sector gain of 17.89%. The company’s return on equity remains low at 3.63%, indicating ongoing concerns about capital efficiency.<BR><BR>In summary, while Tarmat's recent financial performance shows promising growth and operational improvements, the overall market perception and long-term fundamentals suggest caution. Investors may want to monitor future performance to see if this positive trend can be sustained.

When is the next results date for Tarmat Ltd?

The next results date for Tarmat Ltd is February 5, 2026.

The next results date for Tarmat Ltd is scheduled for February 5, 2026.

Is Tarmat overvalued or undervalued?

As of December 3, 2025, Tarmat is considered overvalued with a PE ratio of 43.87 and significantly higher valuation metrics compared to peers, while also underperforming against the Sensex with a stock return of -30.42%.

As of 3 December 2025, Tarmat's valuation grade has moved from fair to expensive, indicating a shift in its perceived market value. The company is currently overvalued, with a PE ratio of 43.87, an EV to EBIT of 67.09, and an EV to EBITDA of 37.63. These ratios suggest that Tarmat is trading at a premium compared to its earnings and cash flow generation capabilities.<BR><BR>In comparison to its peers, Tarmat's valuation metrics are significantly higher; for instance, Larsen & Toubro has a PE ratio of 34.2 and an EV to EBITDA of 18.05, positioning it as attractive. Other competitors like Siemens are categorized as very expensive with a PE ratio of 66.17, but Tarmat's high ratios still raise concerns about its valuation sustainability. Notably, Tarmat has underperformed against the Sensex over the past year, with a stock return of -30.42% compared to the Sensex's 5.27%, reinforcing the notion that the stock may be overvalued in the current market context.

How has been the historical performance of Tarmat?

Tarmat's historical performance shows a decline in net sales from 276.35 Cr in Mar'20 to 101.28 Cr in Mar'25, with some recovery in operating profit and profit after tax in recent years. Despite challenges, total assets and net cash inflow have improved, indicating signs of recovery.

Answer:<BR>The historical performance of Tarmat shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>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 to 235.86 Cr in Mar'25 from 198.04 Cr in Mar'24, while total liabilities also rose to 235.86 Cr from 198.04 Cr in the same period. Cash flow from operating activities remained negative at -9.00 Cr in Mar'25, but the net cash inflow was positive at 4.00 Cr, indicating some recovery in cash management. Overall, Tarmat's financial performance reflects a challenging environment with signs of recovery in recent periods.

Who are the top shareholders of the Tarmat?

The top shareholders of Tarmat include promoter Jerry Varghese with 13.93%, public shareholder Faithful Vanijya Private Limited at 5.25%, and individual investors holding a total of 27.96%. There are no pledged promoter holdings or mutual funds invested in the company.

The top shareholders of Tarmat include Jerry Varghese, who is the promoter with the highest holding at 13.93%. The highest public shareholder is Faithful Vanijya Private Limited, holding 5.25%. Additionally, individual investors collectively hold 27.96% of the company. There are also 5 Foreign Institutional Investors (FIIs) that together hold 2.96% of Tarmat. Notably, there are no pledged promoter holdings and no mutual funds currently invested in the company.

What is the technical trend for Tarmat?

As of May 21, 2025, Tarmat's technical trend is mildly bearish, indicated by bearish Bollinger Bands and mixed signals from MACD and moving averages, despite bullish On-Balance Volume suggesting accumulation.

As of 21 May 2025, the technical trend for Tarmat has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD remains bearish, indicating mixed signals. The daily moving averages are mildly bearish, reinforcing the overall mildly bearish stance. The Bollinger Bands are bearish on both weekly and monthly time frames, which adds to the caution. The KST shows a mildly bullish trend weekly but is bearish monthly, and Dow Theory indicates a mildly bullish trend on the weekly but no trend on the monthly. The On-Balance Volume (OBV) is bullish for both weekly and monthly periods, suggesting accumulation. Overall, the current technical stance is mildly bearish, with key indicators being the bearish Bollinger Bands and the mixed signals from MACD and moving averages.

Has Tarmat declared dividend?

Tarmat Ltd has declared a 10% dividend, amounting to 1 per share, but the dividend yield is 0%. Total returns have been negative in shorter periods, with a significant recovery of 127.43% over the past five years.

Tarmat Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1 per share<BR>- Ex-date: 20 Sep 10<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -35.57%, the dividend return was 0%, resulting in a total return of -35.57%.<BR><BR>In the 1-year period, the price return was -31.77%, the dividend return was 0%, resulting in a total return of -31.77%.<BR><BR>In the 2-year period, the price return was -24.29%, the dividend return was 0%, resulting in a total return of -24.29%.<BR><BR>In the 3-year period, the price return was -3.5%, the dividend return was 0%, resulting in a total return of -3.5%.<BR><BR>In the 4-year period, the price return was -11.54%, the dividend return was 0%, resulting in a total return of -11.54%.<BR><BR>In the 5-year period, the price return was 127.43%, the dividend return was 0%, resulting in a total return of 127.43%.<BR><BR>Overall, Tarmat Ltd has declared a dividend, but the dividend yield is 0%, indicating that the dividend has not contributed to returns in recent periods. The total returns show significant volatility, with a notable recovery in the 5-year period despite negative returns in the shorter terms.