TARC Ltd (TARC)

₹155.6▲0.42%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

TARC Ltd share Performance

₹153.6
₹160
₹155.6
1.29%
Low
Day's Volatility:4.11%
High
2.83%
₹48.6
₹184.9
₹155.6
68.77%
Low
52 Weeks Volatility:87.60%
High
18.83%

Returns %
1 Month Return	2.38 %
3 Month Return	-1.56 %
1 Year Return	214.62 %

Market Stats
Previous Close	₹154.95
Open	₹154.70
Volume	3.54L
Upper Circuit	-
Lower Circuit	-
Market Cap	₹4,572.52Cr

Company Information

TARC Limited is a real estate centric subsidiary of Anant Raj Limited, formerly known as Anant Raj Global Limited, incorporated in 2016 and is based in Delhi NCR, that has grown to become one of the largest real estate development companies and landholders there. They have over 350 acres of land within the municipal limits of the capital, and an additional 250 acre land parcel in Gurugram, Manesar, and Greater Noida. Recently, the company has launched various projects including residential and commercial, have sold over 95% of their inventory and have 400 families already moved in, and are developing additional projects, working to capitalize on technological innovation and increase customer access. Additionally, they have entered into an arrangement and successfully completed two of their land parcels to a global fund for a total consideration of 295 crores, and are assessing the potential of their assets over the foreseeable future.

Share Price: ₹155.60 per share as on 02 May, 2024 04:01 PM
Market Capitalisation: ₹4,572.52Cr as of today
Revenue: ₹9.30Cr as on December 2023 (Q4 23)
Net Profit: ₹-33.49Cr as on December 2023 (Q4 23)
Listing date: 18 Dec, 2020
Chairperson Name: Anil Sarin

Organisation	TARC Ltd
Headquarters
Industry	Realty
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Key events for TARC Ltd

TARC Ltd Reports Strong Growth in Pre-Sales and Sales - 19 Apr, 2024
Real estate company TARC Ltd has reported significant growth in pre-sales and sales for FY24 and Q1FY25 respectively, largely driven by the success of TARC Kailasa located in New Delhi.
TARC Ltd Achieves Record Presales Growth - 18 Apr, 2024
Real estate developer TARC Ltd has achieved its highest-ever presales growth of 200% YoY, recording Rs 1,612 crore in presales and Rs 415 crore in yearly collection. The stock hit a 5% upper circuit at Rs 160.70 apiece.
TARC Reports Strong Q4 Business Updates - 17 Apr, 2024
Realty developer TARC Ltd reported a 600% YoY growth in sales for Q4 FY23-24, largely due to the success of TARC Kailasa project. The company achieved its highest-ever presales and annual collection, with CEO & MD expressing confidence in surpassing presales forecast of Rs 5,000 crore for FY24-25.
Acuite Ratings Reaffirms TARC's BB+ Rating with Stable Outlook - 15 Apr, 2024
Acuite Ratings & Research has reaffirmed TARC Ltd's long-term rating of ACUITE BB+ on the Rs 1,130 crore non-convertible debentures. The rating takes into account the company's established market position in the Delhi NCR region and potential sales of over Rs 7,500 crore from upcoming projects. However, project risk remains a constraint due to delays in two project launches resulting in a shift in cash flow. TARC reported a consolidated net loss of Rs 33.49 crore in Q3 FY24.
TARC Reports Strong Sales and Launch Pipeline Growth Plans - 09 Apr, 2024
TARC Ltd has reported strong sales from its TARC Kailasa project and plans to launch projects worth ₹6,600 crore in FY24, with raised guidance for FY25 at ₹5,000 crore. The stock has gained over 21% since the beginning of 2024.

Fundamentals of TARC Ltd

Insights on TARC Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 1.92% to 2.40% in Mar 2024 quarter
POSITIVE IMPACT
Best in 3 Years
In the last 3 years, TARC has outperformed top 5 stocks with highest market-cap in Real Estate Rental, Development & Operations
POSITIVE IMPACT
Best in 1 Year
In the last 1 year, TARC has outperformed top 5 stocks with highest market-cap in Real Estate Rental, Development & Operations
POSITIVE IMPACT
Price Rise
In the last 1 year, TARC stock has moved up by 214.6%
POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 0.00% to 0.27% in Mar 2024 quarter
NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 64.96% of holdings in Mar 2024 quarter
NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 32.22% to 31.35% in Mar 2024 quarter
NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 4 quarters, 135.54 Cr → 11.79 Cr (in ₹), with an average decrease of 54.9% per quarter
NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 3 quarters, 7.11 Cr → -33.49 Cr (in ₹), with an average decrease of 1642.9% per quarter

TARC Ltd Valuation

TARC Ltd in the last 5 years

Overview
Trends

Lowest (-223.19x)

January 12, 2024

Today (-193.69x)

April 30, 2024

Industry (210.27x)

April 30, 2024

Highest (385.27x)

December 19, 2023

LowHigh

Mutual Fund Holdings

Funds	Holdings
LIC MF Focused 30 Equity Fund Direct Growth	2.27%
LIC MF Small Cap Fund Direct Growth	1.27%
Motilal Oswal Nifty Microcap 250 Index Fund Direct Growth	0.26%
Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option	1.61%
LIC MF Infrastructure Fund Direct Plan Growth Option	0.43%