About
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.
Key Metrics
as of Sep 2026Market Cap3,747 Cr
P/E—
Div Yield0.00 %
Book Value₹36.00
52w High₹186.00
52w Low₹109.00
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 11.00 | 2.00 | 32.00 | 2.00 | 0.00 | 4.00 | 4.00 | 1.00 | 5.00 | 10.00 | 6.00 | 22.00 | 23.00 |
| Expenses | 24.00 | 16.00 | 29.00 | 26.00 | 130.00 | 71.00 | 13.00 | 10.00 | 10.00 | 23.00 | 15.00 | 30.00 | 32.00 |
| Operating Profit | -13.00 | -14.00 | 3.00 | -25.00 | -130.00 | -67.00 | -9.00 | -9.00 | -5.00 | -13.00 | -9.00 | -8.00 | -9.00 |
| OPM % | -124.00 | -746.00 | 11.00 | -1,387.00 | — | -1,843.00 | -198.00 | -1,069.00 | -109.00 | -137.00 | -149.00 | -39.00 | -37.00 |
| Other Income | 2.00 | 4.00 | 2.00 | 3.00 | 1.00 | 23.00 | 18.00 | 27.00 | 26.00 | 26.00 | 29.00 | 30.00 | 31.00 |
| Depreciation | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 |
| Interest | 9.00 | 10.00 | 11.00 | 11.00 | 13.00 | 24.00 | 17.00 | 47.00 | 12.00 | 10.00 | 16.00 | 11.00 | 21.00 |
| Profit before tax | -21.00 | -20.00 | -6.00 | -34.00 | -142.00 | -69.00 | -9.00 | -31.00 | 8.00 | 1.00 | 4.00 | 10.00 | 1.00 |
| Tax % | 14.00 | -84.00 | -126.00 | -21.00 | -3.00 | 18.00 | -28.00 | -25.00 | 26.00 | 50.00 | 75.00 | -8.00 | 26.00 |
| Net Profit | -24.00 | -3.00 | 2.00 | -27.00 | -137.00 | -82.00 | -6.00 | -23.00 | 6.00 | 1.00 | 1.00 | 11.00 | 1.00 |
| EPS in Rs | -0.83 | -0.11 | 0.05 | -0.90 | -4.66 | -2.78 | -0.21 | -0.78 | 0.21 | 0.02 | 0.03 | 0.37 | 0.04 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 36.00 | 14.00 | 60.00 | 197.00 | 436.00 | 175.00 | 107.00 | 0.00 | 0.00 |
| Expenses | 201.00 | 104.00 | 100.00 | 190.00 | 539.00 | 164.00 | 99.00 | 0.00 | 0.00 |
| Operating Profit | -165.00 | -90.00 | -39.00 | 7.00 | -103.00 | 11.00 | 9.00 | 0.00 | 0.00 |
| OPM % | -463.00 | -661.00 | -65.00 | 3.60 | -24.00 | 6.00 | 8.00 | — | — |
| Other Income | 10.00 | 94.00 | 117.00 | 123.00 | 25.00 | 5.00 | 11.00 | 0.00 | 0.00 |
| Interest | 44.00 | 101.00 | 58.00 | 117.00 | 52.00 | 8.00 | 14.00 | 0.00 | 0.00 |
| Depreciation | 3.00 | 3.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 0.00 | 0.00 |
| Profit before tax | -202.00 | -100.00 | 17.00 | 12.00 | -132.00 | 5.00 | 3.00 | 0.00 | 0.00 |
| Tax % | -18.00 | 5.00 | 19.00 | -21.00 | 11.00 | 7.00 | -65.00 | 0.00 | — |
| Net Profit | -166.00 | -105.00 | 14.00 | 14.00 | -147.00 | 5.00 | 4.00 | 0.00 | 0.00 |
| EPS in Rs | -5.61 | -3.57 | 0.46 | 0.49 | -4.97 | 0.17 | — | — | — |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | 59.00 | 0.05 | 0.05 |
| Reserves | 1,036.00 | 1,202.00 | 1,307.00 | 1,294.00 | 1,279.00 | 1,426.00 | 1,421.00 | 0.00 | 0.00 |
| Borrowings | 809.00 | 1,180.00 | 1,454.00 | 1,447.00 | 861.00 | 1,065.00 | 1,069.00 | 0.00 | 0.00 |
| Other Liabilities | 732.00 | 374.00 | 226.00 | 166.00 | 331.00 | 370.00 | 357.00 | 0.00 | 0.00 |
| Total Liabilities | 2,636.00 | 2,815.00 | 3,045.00 | 2,965.00 | 2,531.00 | 2,920.00 | 2,905.00 | 0.00 | 0.00 |
| Fixed Assets | 24.00 | 26.00 | 27.00 | 24.00 | 26.00 | 827.00 | 810.00 | 0.00 | 0.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 513.00 | 547.00 | 558.00 | 558.00 | 558.00 | 558.00 | 566.00 | 0.00 | 0.00 |
| Other Assets | 2,099.00 | 2,242.00 | 2,460.00 | 2,383.00 | 1,946.00 | 1,535.00 | 1,529.00 | 0.00 | 0.00 |
| Total Assets | 2,636.00 | 2,815.00 | 3,045.00 | 2,965.00 | 2,531.00 | 2,920.00 | 2,905.00 | 0.00 | 0.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 423.00 | 258.00 | -8.00 | -27.00 | -50.00 | 158.00 | 70.00 | 0.00 | 0.00 |
| Cash from Investing Activity | 126.00 | 511.00 | 105.00 | -386.00 | 363.00 | 41.00 | 56.00 | 0.00 | 0.00 |
| Cash from Financing Activity | -543.00 | -751.00 | -165.00 | 477.00 | -307.00 | -196.00 | -132.00 | 0.00 | 0.00 |
| Net Cash Flow | 6.00 | 18.00 | -67.00 | 64.00 | 6.00 | 3.00 | -5.00 | 0.00 | 0.00 |
| Free Cash Flow | 422.00 | 256.00 | -16.00 | -21.00 | 311.00 | 154.00 | 73.00 | 0.00 | 0.00 |
| CFO/OP % | -247.00 | -294.00 | 20.00 | -404.00 | 37.00 | 1,444.00 | 831.00 | 100.00 | — |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 923.00 | 7,539.00 | 2,927.00 | 906.00 | 410.00 | 28.00 | 0.00 | — |
| Cash Conversion Cycle | 923.00 | 7,539.00 | 2,927.00 | 906.00 | 410.00 | 28.00 | 0.00 | — |
| Working Capital Days | 5,513.00 | 5,819.00 | 7,613.00 | 2,604.00 | 272.00 | 682.00 | 1,079.00 | — |
| ROCE % | -7.00 | 0.00 | 3.00 | 5.00 | -3.00 | 1.00 | 1.00 | -29.00 |
Corporate Actions
2 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 22 Sep 2022 | — | — | — | Annual General Meeting |
| Other | 14 Dec 2021 | — | — | — | Annual General Meeting |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update11 May from infomerics
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Rating update22 Dec 2025 from infomerics
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Rating update25 Apr 2025 from smera
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Rating update9 Apr 2025 from infomerics
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Rating update25 Mar 2025 from infomerics
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Rating update26 Dec 2024 from smera