TARC Ltd (TARC) — shareholding pattern, promoter holding, financials and share price
About TARC Ltd (TARC)
TARC Ltd operates in the Residential, Commercial Projects industry, within the Realty sector. It trades on the NSE as TARC and on the BSE under scrip code 543249. Its ISIN is INE0EK901012.
TARC Ltd. (The Anant Raj Corporation) started out as a construction and contracting company and evolved to become one of the largest real estate development companies and land bank holders in the New Delhi Metropolitan Area. The company‘s key developments are across verticals like Residential, Hospitality, Commercial and Retail projects. The name of the company has been changed from Anant Raj Global Ltd. to TARC Ltd. in April 2021. [1]
TARC Limited is a luxury and ultra-luxury residential real estate developer focused on design-led, curated residences primarily across New Delhi and Gurugram, executing large-format projects from owned and fully paid land parcels and delivering hospitality-inspired living experiences through branded developments such as Tripundra, Kailasa and Ishva.
TARC reports ~₹9,000 crore GDV under execution and achieved presales of ₹977 crore and collections of ₹603 crore in 9MFY26; the company recorded nine-month cashflows of ₹907 crore, surpassing full-year last fiscal, demonstrating tangible cashflow momentum and meaningful presales-to-GDV conversion for high-ticket luxury inventory.
Listed peers in Residential, Commercial Projects: AGI Infra Ltd, Raymond Ltd, Ashiana Housing Ltd, Kesar India Ltd, Kolte Patil Developers Ltd, Elpro International Ltd.
Valuation & Returns
10 Jul 2026At ₹124.05 a share on 10 Jul 2026, TARC Ltd (TARC) was valued at a price-to-earnings ratio of 192.46x against an industry P/E of 33.91x and a price-to-book of 3.51x on a book value of ₹35.34 per share as of Mar 2025. Solomo computes return on equity of 1.82% and return on capital employed of 2.25% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 192.46x
- Industry P/E
- 33.91x
- P/B
- 3.51x
- EPS (TTM)
- ₹0.64
- Book value / share
- ₹35.34
- ROE
- 1.82%
- ROCE
- 2.25%
- ROA
- 0.45%
- Debt / equity
- 1.87x
- Dividend yield
- 0%
- EBITDA margin
- 23.5%
- 52-week range
- ₹110.5 – ₹206.1
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, TARC Ltd (TARC) reported revenue of ₹330 crore, net profit of ₹19 crore and earnings per share of ₹0.65. That compares with revenue of ₹34 crore and net profit of ₹-231 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹208.7 crore and net profit ₹1.61 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 251 | 369 | 111 | 34 | 330 |
| Net profit (₹ cr) | -233 | 20 | -77 | -231 | 19 |
| EPS (₹) | -7.89 | 0.69 | -2.61 | -7.84 | 0.65 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | -33.78% | -68.47% | -69.77% |
| Profit growth | - | - | -200.22% |
| Stock price CAGR | 20% | 20% | -42% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 65.12% of TARC Ltd (TARC) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0.99% and domestic institutional investors (DII) hold 6.44%. Market capitalisation was ₹3,661 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2020.
Largest disclosed public shareholders in Jun 2026: BANDHAN SMALL CAP FUND 5.25%, VIJAYKUMAR CHHOTABHAI KALIDAS PATEL 1.38%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 65.12% | - | 0.99% | 6.44% | 34.88% |
| Mar 2026 | 65.12% | - | 0.92% | 6.4% | 34.88% |
| Dec 2025 | 65.12% | - | 1.22% | 6.31% | 34.88% |
| Sep 2025 | 65.12% | - | 1.99% | 5.81% | 34.88% |
| Jun 2025 | 65.12% | - | 2.3% | 5.45% | 34.88% |
| Mar 2025 | 65.12% | - | 2.45% | 4.88% | 34.88% |
| Dec 2024 | 64.96% | - | 2.34% | 4.33% | 35.04% |
| Sep 2024 | 64.96% | - | 2.72% | 3.31% | 35.04% |