Tarc Ltd
TARCTarc Ltd
TARC
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
AvgAverage profitability - not good, not bad
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| -27.24 | 3.92 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 66.87 | 4.50 | 0.67% |
Forecast & Ratings
Detailed Forecast from 1 analyst
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
TARC Limited, formerly Anant Raj Global Limited, is an India-based real estate development company. The Company is principally focused on creating homes, harmonious workspaces and welcoming lifestyle hubs.
Investor Presentation
View olderPeers
Compare with peersDLF Ltd
Macrotech Developers Ltd
Godrej Properties Ltd
Oberoi Realty Ltd
Prestige Estates Projects Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ cr.
All values in ₹ cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 209.35 | 220.87 | 300.69 | 374.66 | 121.41 | 36.81 | ||||||
Raw Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 68.90 | ||||||
| Power & Fuel Cost | 0.97 | 1.04 | 2.98 | 2.94 | 3.48 | |||||||
| Employee Cost | 11.06 | 10.70 | 9.11 | 10.87 | 13.47 | |||||||
| Selling & Administrative Expenses | 11.00 | 11.96 | 35.42 | 83.97 | 79.95 | |||||||
| Operating & Other expenses | 88.83 | 167.49 | 387.54 | 111.32 | -32.39 | |||||||
EBITDA | 97.49 | 29.68 | -134.36 | 165.56 | 56.90 | -32.09 | ||||||
| Depreciation/Amortization | 7.55 | 8.16 | 8.66 | 7.19 | 6.49 | 7.65 | ||||||
| PBIT | 89.94 | 21.52 | -143.02 | 158.37 | 50.41 | -39.74 | ||||||
| Interest & Other Items | 25.22 | 20.60 | 86.30 | 117.22 | 136.42 | 139.01 | ||||||
| PBT | 64.72 | 0.92 | -229.32 | 41.15 | -86.01 | -178.75 | ||||||
| Taxes & Other Items | 11.61 | -5.24 | 3.41 | 20.81 | -8.97 | 4.55 | ||||||
| Net Income | 53.11 | 6.16 | -232.73 | 20.34 | -77.04 | -183.30 | ||||||
| EPS | 1.80 | 0.21 | -7.89 | 0.69 | -2.61 | -6.21 | ||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Peers & Comparison
Real EstateReal Estate
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Tarc Ltd | -64.81 | 3.92 | — |
| DLF Ltd | 76.13 | 5.26 | 0.60% |
| Macrotech Developers Ltd | 91.00 | 8.03 | 0.16% |
| Godrej Properties Ltd | 118.59 | 8.35 | — |
Price Comparison
Compare TARC with any stock or ETFShareholdings
Promoter Holdings Trend
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 1.42%
Top 5 Mutual Funds holding Tarc Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Bandhan Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.2640% | Percentage of the fund’s portfolio invested in the stock 0.69% | Change in the portfolio weight of the stock over the last 3 months 0.31% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 155/195 (-4) |
TATA ASSET MANAGEMENT LTD#TATA MF-TATA INFRASTRUCTURE FUND-DIRECT PLAN-GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.6089% | Percentage of the fund’s portfolio invested in the stock 1.29% | Change in the portfolio weight of the stock over the last 3 months 0.03% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 48/74 (+3) |
Tata Business Cycle Fund-Direct Plan-Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.5077% | Percentage of the fund’s portfolio invested in the stock 0.90% | Change in the portfolio weight of the stock over the last 3 months 0.44% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 80/93 (-3) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
TARC has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
Hmm, looks like data is unavailable here. Please come back after some timeExxaro Tiles Ltd, Universal Autofoundry Ltd, Balaji Telefilms Ltd and Lancor Holdings Ltd are among the other losers in the BSE's 'B' group today, 17 December 2024.TARC Ltd lost 10.00% to Rs 189.55 at 14:30 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 9.19 lakh shares were traded on the counter so far as against the average daily volumes of 40738 shares in the past one month.Exxaro Tiles Ltd tumbled 9.91% to Rs 9.55. The stock was the second biggest loser in 'B' group.On the BSE, 3.59 lakh shares were traded on the counter so far as against the average daily volumes of 89368 shares in the past one month.Universal Autofoundry Ltd crashed 7.22% to Rs 117. The stock was the third biggest loser in 'B' group.On the BSE, 1.17 lakh shares were traded on the counter so far as against the average daily volumes of 44188 shares in the past one month.Balaji Telefilms Ltd corrected 6.73% to Rs 88. The stock was the fourth biggest loser in 'B' group.On the BSE, 1.28 lakh shares were traded on the counter so far as against the average daily volumes of 95807 shares in the past one month.Lancor Holdings Ltd slipped 6.60% to Rs 36.79. The stock was the fifth biggest loser in 'B' group.On the BSE, 61974 shares were traded on the counter so far as against the average daily volumes of 9960 shares in the past one month.Powered by Capital Market - Live
SEBI believes that the disclosure of financial information and business transactions of the company have been dealt with in a manner which may be detrimental to the interest of investors or the securities markets; and or an intermediary or a person associated with the securities market. The company said that it shall provide all necessary information, assistance and cooperation in this regard and shall inform the exchanges of any further developments in the matter. The company stated that this matter will be addressed thoroughly and efficiently, with no impact on financial, operational or other strategic objectives. The company is confident that this will not affect its strong growth trajectory or the long-term value it is committed to deliver to its shareholders. TARC, a leading luxury real estate developer, is focused on delivering high-quality residential projects in Delhi and Gurugram. With a strong financial position and a prime land bank, the company aims to further its expansion in the luxury real estate market. On a consolidated basis, TARC reported net loss of Rs 67.35 crore in Q2 September 2024 as against net profit of Rs 1.08 crore in Q2 September 2023. Net sales declined 85.50% YoY to Rs 4.31 crore in Q2 September 2024.Powered by Capital Market - Live
TARC announced that Infomerics Valuation and Rating has assigned the rating IVR BBB- ; Stable on the proposed issue of non-convertible debentures of the company of Rs 470 crore. Powered by Capital Market - Live
TARC announces that the Company has sold -50% of project TARC ISHVA amounting to Rs. 1,350 crore. The Company launched TARC Ishva in the month of September 2024 and received exemplary response from its customers. This development has helped the Company gain momentum towards its guidance for this fiscal year and is confident of selling out the balance inventory soon. TARC ISHVA is located along Golf Course Extension Road in sector 63A of Gurugram. It is a 1.35 million square feet luxury residential development offering Four Side Open Residences with expansive views of the Aravali Hills and complimented with unparalleled amenities being offered in the condominium. With TARC Ishva, the Company has put together a pioneering venture that champions the fusion of extravagance and environmental consciousness. Amar Sarin, Managing Director & CEO, TARC Limited said, After the overwhelming success of our developments, TARCTripundra and TARC Kailasa, launch of our luxury residential development TARC Ishva in Gurugram has been quite exhilarating. The trust and reliance that Gur customers have reposed in the TARC brand is even more eupohoric and we would like to thank our esteemed customers. TARC with its customer-centric strategy has undoubtedly experienced end-user driven demand for its projects. We are extremely confident that this momentum will continue and we plan to bring more such developments for our valuable customers in the near future.Powered by Capital Market - Live
TARC Ishva, a 1.35 million square feet luxury residential development in Gurugram's Sector 63A, offers four-side open residences with Aravali Hills views and premium amenities. The project has garnered positive customer response, and the company is optimistic about selling the remaining inventory. TARC, a leading luxury real estate developer, is focused on delivering high-quality residential projects in Delhi and Gurugram. With a strong financial position and a prime land bank, the company aims to further its expansion in the luxury real estate market. On a consolidated basis, TARC reported net loss of Rs 67.35 crore in Q2 September 2024 as against net profit of Rs 1.08 crore in Q2 September 2023. Net sales declined 85.50% YoY to Rs 4.31 crore in Q2 September 2024. Powered by Capital Market - Live
TARC will hold a meeting of the Board of Directors of the Company on 20 November 2024Powered by Capital Market - Live
Net loss of TARC reported to Rs 67.35 crore in the quarter ended September 2024 as against net profit of Rs 1.08 crore during the previous quarter ended September 2023. Sales declined 85.50% to Rs 4.31 crore in the quarter ended September 2024 as against Rs 29.72 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales4.3129.72 -85 OPM %-566.1313.49 - PBDT-73.13-16.23 -351 PBT-75.74-18.12 -318 NP-67.351.08 PL Powered by Capital Market - Live
TARC will hold a meeting of the Board of Directors of the Company on 6 November 2024Powered by Capital Market - Live
TARC will hold a meeting of the Board of Directors of the Company on 6 November 2024Powered by Capital Market - Live
TARC has raised Rs 1,000 crore from a consortium led by Kotak Mahindra Bank, Nomura Capital, Aditya Birla Capital, and STCI. The funds raised will be utilised for refinancing of its existing debt along with Rs 250 crore additional working capital facility to be available on call. The new borrowing cost at 12.75% p.a. will significantly enhance TARC's cash flows, facilitating substantial savings. The reduction in interest cost will provide the Company with the financial flexibility necessary for growth and expansion.Powered by Capital Market - Live
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant