Tarmat Ltd (TARMAT) — shareholding pattern, promoter holding, financials and share price
About Tarmat Ltd (TARMAT)
Tarmat Ltd operates in the Civil Construction industry, within the Construction sector. It trades on the NSE as TARMAT and on the BSE under scrip code 532869. Its ISIN is INE924H01018.
Incorporated in 1986, Tarmat Ltd does construction of Airfield and National / state highways [1]
Tarmat Ltd is a construction company based in Mumbai, India, specializing in infrastructure development including airfields and highways.
The company has expanded its geographical footprint, executing projects across states like Maharashtra, Tamil Nadu, Karnataka, and others.
Listed peers in Civil Construction: Sattva Engineering Construction Ltd, Udayshivakumar Infra Ltd, Aesthetik Engineers Ltd, Sylvan Plyboard (India) Ltd, BCPL Railway Infrastructure Ltd, Manilam Industries India Ltd.
Valuation & Returns
10 Jul 2026At ₹49.8 a share on 10 Jul 2026, Tarmat Ltd (TARMAT) was valued at a price-to-earnings ratio of 20x against an industry P/E of 25.97x and a price-to-book of 0.72x on a book value of ₹69.13 per share as of Mar 2025. Solomo computes return on equity of 3.6% and return on capital employed of 3.76% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 20x
- Industry P/E
- 25.97x
- P/B
- 0.72x
- EPS (TTM)
- ₹2.49
- Book value / share
- ₹69.13
- ROE
- 3.6%
- ROCE
- 3.76%
- ROA
- 2.65%
- Debt / equity
- 0.06x
- Dividend yield
- 0%
- EBITDA margin
- 6.91%
- 52-week range
- ₹46.31 – ₹73.78
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Tarmat Ltd (TARMAT) reported revenue of ₹117 crore, net profit of ₹6 crore and earnings per share of ₹2.49. That compares with revenue of ₹101 crore and net profit of ₹2 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹42.46 crore and net profit ₹2.96 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 181 | 144 | 89 | 101 | 117 |
| Net profit (₹ cr) | 5 | 7 | -1 | 2 | 6 |
| EPS (₹) | 2.9 | 3.48 | -0.53 | 0.78 | 2.49 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 7.47% | -15.36% | -14.48% | 13.35% |
| Profit growth | 9.64% | -23.04% | -25.81% | 265.49% |
| Stock price CAGR | 1% | -9% | -9% | -18% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 29.05% of Tarmat Ltd (TARMAT) (unchanged from the previous quarter), foreign institutional investors (FII) hold 1.8%. Market capitalisation was ₹125 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2010.
Largest disclosed public shareholders in Jun 2026: Yash Jayesh Mehta 7.71%, FERSTAR TRADE PRIVATE LIMITED 4.99%, FAITHFUL VANIJYA PRIVATE LIMITED 4.99%, KINGSTON VINCOM PRIVATE LIMITED 4.15%, AMIT ATMARAM SHAH HUF 3.99%, SOMANI ESTATES PVT LTD 3.93%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 29.05% | - | 1.8% | - | 70.95% |
| Mar 2026 | 29.05% | - | 1.8% | - | 70.95% |
| Dec 2025 | 30.13% | - | 1.87% | - | 69.87% |
| Sep 2025 | 29.83% | - | 2.92% | - | 70.17% |
| Jun 2025 | 29.83% | - | 2.94% | - | 70.17% |
| Mar 2025 | 30.15% | - | 2.96% | - | 69.85% |
| Dec 2024 | 29.83% | - | 2.53% | - | 70.17% |
| Sep 2024 | 33.24% | - | 2.84% | - | 66.76% |