Company Overview
TARC Limited engages in the real estate activities and construction business in India. It constructs and develops residential, commercial, township projects; SEZ; IT park; and malls. The company also owns and leases real estate properties; and sells real estate units, such as land, plots, apartments, and commercial units; as well as holds land banks. The company was formerly known as Anant Raj Global Limited and changed its name to TARC Limited. The company was incorporated in 2016 and is based in New Delhi, India.
Why Investors Should Care
Revenue has grown at a 21.4% CAGR over the past five years.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹329.84 Cr (+879.1% YoY); net profit ₹19.07 Cr.
- Trailing 12 Months Year-on-year growth — revenue +879.1%.
- 5-Year Trend Long-term compounding — revenue CAGR 21.4%, profit CAGR -2.1%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 21.36% |
| 1 Year: | 879.09% |
Compounded Profit Growth
| 5 Years: | -2.12% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -37.51% |
| 6 Months: | -30.81% |
| 3 Months: | -3.55% |
| 1 Month: | -5.02% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)40.63 · Neutral
P/E of 191.14 is above the sector median of 26.17 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 21.4% over 5 years.
- Generates positive free cash flow.
CONS
- Trading at a high P/E of 191.1.
- Earnings shrank at -2.1% CAGR over 5 years.
- Trading 39.7% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Real Estate).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | TARC TARC Limited NSE | 122.33 | 191.14 | ₹3,609.91 Cr | 0.00% | 2.54% | 1.80% | 21.36% | -2.12% |
| 2 | DLF DLF Limited NSE | 678.90 | 38.08 | ₹1.68 L Cr | 1.17% | 6.32% | 9.71% | 11.32% | 29.44% |
| 3 | LODHA Lodha Developers Limited NSE | 1,172.35 | 34.23 | ₹1.17 L Cr | 0.35% | 18.24% | 14.72% | 20.40% | 91.69% |
| 4 | PHOENIXLTD The Phoenix Mills Limited NIFTY_MIDNSE | 2,140.00 | 61.11 | ₹76,533.81 Cr | 0.12% | 11.84% | 11.14% | 19.36% | -2.86% |
| 5 | PRESTIGE Prestige Estates Projects Limited NIFTY_MIDNSE | 1,704.10 | 152.29 | ₹73,400.74 Cr | 0.10% | 12.91% | 7.35% | 15.58% | 8.28% |
| 6 | OBEROIRLTY Oberoi Realty Limited NIFTY_MIDNSE | 1,917.60 | 27.81 | ₹69,724.36 Cr | 0.42% | 16.71% | 13.99% | 12.92% | 9.60% |
| 7 | GODREJPROP Godrej Properties Limited NIFTY_MIDNSE | 2,123.20 | 34.57 | ₹63,952.43 Cr | 0.47% | 11.14% | 9.66% | 32.38% | 47.94% |
| 8 | ANANTRAJ Anant Raj Limited NIFTY_SMALLNSE | 583.00 | 36.88 | ₹20,980.83 Cr | 0.17% | 10.39% | 9.59% | 37.94% | 54.27% |
| 9 | BRIGADE Brigade Enterprises Limited NIFTY_SMALLNSE | 563.00 | 26.17 | ₹18,360.82 Cr | 0.33% | 9.89% | 9.45% | 18.81% | 30.28% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 134.99 Cr | 62.94 Cr | 29.72 Cr | 9.30 Cr | 9.48 Cr | 8.21 Cr | 4.31 Cr | 9.35 Cr | 11.82 Cr | 75.89 Cr | 6.87 Cr | 38.38 Cr | 208.70 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 32.33 Cr | 1.03 Cr | 5.91 Cr | 7.34 Cr | 248.62 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | -20.52 Cr | 74.86 Cr | 95.74 L | 31.04 Cr | -39.92 Cr |
| Operating Expenses | 96.99 Cr | 21.83 Cr | 39.11 Cr | 3.76 Cr | 13.58 Cr | 22.82 Cr | 28.71 Cr | 20.53 Cr | 65.45 Cr | 197.59 Cr | 39.00 Cr | 51.65 Cr | 53.24 Cr |
| Operating Income | 36.50 Cr | 39.92 Cr | -11.27 Cr | 4.03 Cr | -6.01 Cr | -16.23 Cr | -27.01 Cr | -13.62 Cr | -85.97 Cr | -122.72 Cr | -38.04 Cr | -20.60 Cr | -93.16 Cr |
| EBITDA | 38.00 Cr | 41.11 Cr | -9.39 Cr | 5.54 Cr | -4.10 Cr | -14.61 Cr | -24.40 Cr | -11.18 Cr | -81.57 Cr | 99.16 Cr | -8.41 Cr | -14.28 Cr | 1.05 Cr |
| Interest Expense | 28.69 Cr | 34.06 Cr | 11.80 Cr | 34.89 Cr | 41.89 Cr | 12.79 Cr | 49.44 Cr | 19.38 Cr | 24.83 Cr | 15.28 Cr | 11.23 Cr | 10.89 Cr | 15.21 Cr |
| Pretax Income | 8.36 Cr | 7.49 Cr | -18.11 Cr | -28.37 Cr | -47.02 Cr | -27.61 Cr | -75.74 Cr | -31.13 Cr | -108.72 Cr | 81.47 Cr | -22.04 Cr | -27.57 Cr | -17.06 Cr |
| Tax Provision | 6.82 Cr | 37.97 L | 19.19 Cr | -5.12 Cr | -4.72 Cr | -3.08 Cr | 8.38 Cr | 2.44 Cr | -4.16 Cr | 27.25 Cr | -6.27 Cr | -6.54 Cr | -18.67 Cr |
| Net Income | 1.53 Cr | 7.11 Cr | 1.07 Cr | -33.49 Cr | -51.73 Cr | -30.67 Cr | -67.36 Cr | -28.69 Cr | -104.52 Cr | 54.23 Cr | -15.76 Cr | -21.03 Cr | 1.62 Cr |
| Diluted EPS | 0.05 | 0.24 | 0.04 | -1.13 | -1.75 | -1.04 | -2.28 | -0.97 | -3.54 | 1.84 | -0.53 | -0.71 | 0.05 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 137.00 Cr | 191.00 Cr | - | 184.52 Cr | 63.69 Cr | 33.69 Cr | 329.84 Cr |
| Cost of Revenue | - | - | - | 103.10 Cr | 64.13 Cr | 43.36 Cr | 262.90 Cr |
| Gross Profit | - | - | - | 81.42 Cr | -44.74 L | -9.67 Cr | 66.94 Cr |
| Operating Expenses | 112.00 Cr | 191.00 Cr | - | 91.90 Cr | 57.00 Cr | 132.29 Cr | 341.48 Cr |
| Operating Income | 17.00 Cr | -8.00 Cr | - | -10.48 Cr | -57.45 Cr | -141.96 Cr | -274.53 Cr |
| EBITDA | 25.00 Cr | -0 | - | 165.37 Cr | -18.54 Cr | -127.77 Cr | 77.51 Cr |
| Interest Expense | 25.00 Cr | 21.00 Cr | - | 117.03 Cr | 60.99 Cr | 106.43 Cr | 52.61 Cr |
| Pretax Income | 65.00 Cr | 1.00 Cr | - | 41.15 Cr | -86.01 Cr | -243.19 Cr | 14.80 Cr |
| Tax Provision | 11.70 Cr | -5.63 Cr | - | 20.77 Cr | -8.97 Cr | -11.90 Cr | -4.23 Cr |
| Net Income | 53.00 Cr | 6.00 Cr | - | 20.34 Cr | -77.05 Cr | -231.22 Cr | 19.07 Cr |
| Diluted EPS | - | 0.21 | - | 0.69 | -2.61 | -7.84 | 0.64 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Total Assets | 3,327.00 Cr | 3,407.00 Cr | - | 3,166.03 Cr | 3,465.60 Cr | 4,215.73 Cr | 4,599.59 Cr |
| Current Assets | - | - | - | 1,555.02 Cr | 1,692.54 Cr | 2,301.74 Cr | 2,656.98 Cr |
| Cash & Equivalents | - | - | - | 105.80 Cr | 58.84 Cr | 48.26 Cr | 77.35 Cr |
| Inventory | - | - | - | 1,106.31 Cr | 1,384.73 Cr | 1,951.44 Cr | 2,395.76 Cr |
| Receivables | - | - | - | 9.57 Cr | 6.22 Cr | 9.88 Cr | 6.85 Cr |
| Total Liabilities | - | - | - | 1,814.03 Cr | 2,190.67 Cr | 3,172.49 Cr | 3,537.28 Cr |
| Current Liabilities | - | - | - | 672.69 Cr | 1,253.15 Cr | 2,112.59 Cr | 1,940.51 Cr |
| Long Term Debt | - | - | - | 1,131.56 Cr | 924.79 Cr | 1,049.27 Cr | 1,585.30 Cr |
| Total Debt | 1,298.00 Cr | 1,321.00 Cr | - | 1,386.46 Cr | 1,392.54 Cr | 1,954.03 Cr | 1,894.94 Cr |
| Total Equity | 1,558.00 Cr | 1,564.00 Cr | - | 1,351.65 Cr | 1,274.57 Cr | 1,042.96 Cr | 1,062.09 Cr |
| Shares Outstanding | - | - | - | 29.51 Cr | 29.51 Cr | 29.51 Cr | 29.51 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 116.00 Cr | 144.00 Cr | - | -81.01 Cr | 158.22 Cr | 42.28 Cr | 190.73 Cr |
| Investing Cash Flow | 17.00 Cr | 23.00 Cr | - | 74.52 Cr | -39.06 Cr | -67.81 Cr | 274.56 Cr |
| Financing Cash Flow | -143.00 Cr | -161.00 Cr | - | 95.89 Cr | -166.11 Cr | 14.94 Cr | -436.20 Cr |
| Capital Expenditure | -50.00 Cr | 17.00 Cr | - | -6.59 Cr | -40.98 Cr | -37.25 Cr | -31.46 Cr |
| Free Cash Flow | 66.00 Cr | 161.00 Cr | - | -87.61 Cr | 117.24 Cr | 5.03 Cr | 159.27 Cr |
| Net Change in Cash | -9.00 Cr | 6.00 Cr | - | 89.40 Cr | -46.96 Cr | -10.59 Cr | 29.09 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | 44.1% | -0.7% | -28.7% | 20.3% |
| Operating Margin % | 12.4% | -4.2% | - | -5.7% | -90.2% | -421.4% | -83.2% |
| Net Margin % | 38.7% | 3.1% | - | 11.0% | -121.0% | -686.3% | 5.8% |
| ROE % | 3.4% | 0.4% | - | 1.5% | -6.0% | -22.2% | 1.8% |
| ROCE % | - | - | - | -0.4% | -2.6% | -6.7% | -10.3% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for TARC
TARC shares rise 14% to hit over 2-month high on strong Q1 pre-sales, collections - Moneycontrol.com
<a href="https://news.google.com/rss/articles/CBMi3wFBVV95cUxPUThVRlk0U3ZhTFdvUVl5N19menhvcURCWTBMQjNsVkxsSkpfV1YwcDl2OGtpNDZxcGNxcVFaa1pJUU9EVVB0LUE4Sm43aW43bmJJWm9uOU16NXZuTzB0NnZOa0lMZXhydVotRkVfWWJuRUczODFkMFlxX2Y0QTZ2STd4NXRJWk1hdXVMaV…
TARC's (NSE:TARC) Promising Earnings May Rest On Soft Foundations - simplywall.st
<a href="https://news.google.com/rss/articles/CBMi7gFBVV95cUxQQXZFVmJJMUp3UFNlT3lEdndaZFRZWU51RDRzYjhIc0RRWkI3Sk5FeHVrU0JkX3hPemFnaDB5UThuR083TlloRWpnTThJd2hhRUlSTmh6U3l0Zmh4amQ4ZFpyRFhVbTdqeDVqa0UyNFB1ZTB1eFF4bmZySVZxZ3ZVZ01QOEZiUm1Zd1hKeU…
TARC Publishes Regulatory Notices in Financial Express and Jansatta - The Globe and Mail
<a href="https://news.google.com/rss/articles/CBMi4gFBVV95cUxOYTBzNDZlZXR0S2JSMHpfOTNiRkhKaGt3OEpBeXR6UHpRbDVFS2Z2MFZ1b1RKN2dVbjJWcWh2VFpfU3lfanpaa1I0akJSdk5ka1BxbS01X1huQmJvRWZnYUtRZWZuZXEyVkJ6Z3pXd0FyU3RaMUZpVWRiY0otS1FERmJWZjc4YzByUXd3Wm…
TARC clarifies ED search linked to pre-demerger transactions - ETLegalWorld.com
<a href="https://news.google.com/rss/articles/CBMi0gFBVV95cUxPYzNqZ3I0UEIwNjNhbWFyTlRxMnYzcDR1NWo2SUlxU2t0SGZ6cFdsdUMzem1ueGJZa0VmaS0wMElDZnRIcjhHMVUtUklrQ3BTZFFVbWptVXE5NG5QaTlfTkl6YlA4aWFxWEtVZGFNSjNDbElaN25mUXZKbW03NHQ2YzlBWUhuYlhETnk5bG…
TARC shares surge over 14% on strong June-quarter pre-sales and collections - CNBC TV18
<a href="https://news.google.com/rss/articles/CBMiywFBVV95cUxNdzhYX3dMRnJ4ODdUazFRS1pBWEJsMjR1dWZ5Z25FSXlqeXA5UHV0WDR3dDhrVTVCM05xa1VrMGx4aEtoRjI1eVJsSWdDa3VnQWgyZ0NkVkZHakl0Mnl6TnFnX1RYLVNzTFhSaVJBYm1WdFZPMGM3YnV2VDdnbGZUQXR6cGpKZ3h2MjNUXz…
TARC - MFs kept buying these 11 stocks for 8 straight quarters; shares surge up to 250% in 2 years - The Economic Times
<a href="https://news.google.com/rss/articles/CBMi-gFBVV95cUxOTFZ0VEhmTE85dUF0M3JqQzFtbFAzMWNudXBKVWw1R1h3aVo5Um1kNVlGQXV6VlE3eU4yRmlUSUxFZmpud2lQcHN6TXNxbWhZVjJobjgzTTBfWGVKSXdYSTFuVVZzbGRjUkZtREY5MXc4MVpUcHI1SjFmaE5TamdmWTJ6SmdvVW1xU3RXRm…
TARC — Frequently Asked Questions
What is the current share price of TARC Limited (TARC)?
As of 2026-07-15 09:52 IST, TARC Limited (TARC) trades at ₹122.33 on NSE. Its 52-week range is ₹111.59 to ₹202.79.
What is the market capitalisation of TARC?
TARC Limited (TARC) has a market capitalisation of ₹3,609.91 Cr on NSE.
What is the P/E ratio of TARC?
TARC trades at a trailing price-to-earnings (P/E) ratio of 191.14. The industry average P/E is 26.17. Its price-to-book (P/B) ratio is 3.40.
What is the return on equity (ROE) of TARC?
TARC has a return on equity (ROE) of 1.80%. Its return on capital employed (ROCE) is 2.54%.
Is TARC a good stock to buy?
This page provides a data-driven analysis of TARC Limited (TARC), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.