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TARC Ltd (TARC)

₹2022.88%

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Overview
News
Financials
Q3 '23 Results
Technicals

Analyst Rating

based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for TARC Ltd. An average target of ₹325

Source: S&P Global Market Intelligence

TARC Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • ₹202
    ₹202
  • 52 Week's Low

    52 Week's High

    ₹63.55
    ₹238.97
1 Month Return+ 7.11 %
3 Month Return+ 36.66 %
1 Year Return+ 204.09 %
Previous Close₹208.00
Open₹202.00
Volume7.29L
Upper Circuit-
Lower Circuit-
Market Cap₹6,138.00Cr

Key Statistics

P/E Ratio-80
PEG Ratio24.32
Market Cap₹6,138.00 Cr
P/B Ratio0.75
EPS0.21

Mutual Fund Holdings

Funds HoldingsPrev. 2M
Tata Infrastructure Fund Direct Plan GrowthTata Infrastructure Fund Direct Plan Growth0.9%
Tata Housing Opportunities Fund Direct GrowthTata Housing Opportunities Fund Direct Growth1.2%
LIC MF Focused Fund Direct GrowthLIC MF Focused Fund Direct Growth4.13%
LIC MF Small Cap Fund Direct GrowthLIC MF Small Cap Fund Direct Growth1.57%
Motilal Oswal Nifty Microcap 250 Index Fund Direct GrowthMotilal Oswal Nifty Microcap 250 Index Fund Direct Growth0.28%

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: ₹202.00 per share as on 16 Jul, 2024 10:34 AM
Market Capitalisation: ₹6,138.00Cr as of today
Revenue: ₹9.48Cr as on March 2024 (Q1 24)
Net Profit: ₹-51.73Cr as on March 2024 (Q1 24)
Listing date: 18 Dec, 2020
Chairperson Name: Anil Sarin
OrganisationTARC Ltd
Headquarters
IndustryRealty
E-voting on sharesClick here to vote

Key events for TARC Ltd

  • TARC Ltd Stock Shows Strong Breakout - 03 Jul, 2024

    TARC Ltd stock has broken above its recent swing high resistance mark of 204.80 with surging volumes, indicating a potential upside move towards 250 and above. A strict stop-loss at the 185 mark is recommended to manage risk.

  • TARC Ltd to Raise Rs 750 Crore via Private Placement - 17 Jun, 2024

    TARC Ltd's board has approved raising non-convertible debentures up to Rs 750 crore through private placement. The company also plans to redeem existing NCDs and change the terms and conditions of the NCDs to reduce borrowing costs. TARC reported a consolidated net loss of Rs 51.73 crore in Q4 FY24, with net sales tumbling 93% YoY to Rs 9.48 crore. The stock rose 0.49% to end at Rs 194 on June 14.

  • TARC Ltd to Raise Funds for Refinancing Existing NCDs - 15 Jun, 2024

    The Board of TARC has given in-principle approval to raise funds up to Rs 750 crore from banks/NBFCs or through private placement of non-convertible debentures. The funds will be used to refinance the company's existing NCDs.

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.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.27% to 0.92% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 2.40% to 2.89% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, TARC has outperformed top 5 stocks with highest market-cap in Real Estate Rental, Development & Operations

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Phoenix Mills Ltd has given 355.4% return, outperforming this stock by 11.9%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 64.96% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 5 quarters, 135.54 Cr → 10.37 Cr (in ₹), with an average decrease of 44.2% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 4 quarters, 7.11 Cr → -51.75 Cr (in ₹), with an average decrease of 1113.4% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 31.35% to 30.20% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, TARC stock has moved down by -7.6%

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹9.48Cr
↑1.94%
Net Income
-₹51.73Cr
↑54.46%
Net Profit Margin
-545.68%
↑51.53%
2023Y/Y Change
Revenue
₹368.66Cr
↑47.11%
Net Income
₹20.37Cr
↓108.75%
Net Profit Margin
5.53%
↓105.95%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹2,956.67Cr
↑16.82%
Total Liabilities
₹1,604.11Cr
↑34.51%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
-₹27.02Cr
↓46.31%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
64.96%
0.00
Foreign Institutions
2.89%
20.13
Mutual Funds
0.92%
242.24
Retail Investors
30.2%
-3.65
Others
1.03%
0.84

Key Indicators

TARC Ltd Valuation

TARC Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-223.19x)

January 12, 2024

Today (-80.00x)

July 15, 2024

Industry (187.83x)

July 15, 2024

Highest (385.27x)

December 19, 2023

LowHigh

Earnings and Dividends

  • TARC Ltd Earnings Results

    TARC Ltd’s net profit fell -3460.39% since last year same period to ₹-51.75Cr in the Q4 2023-2024. On a quarterly growth basis, TARC Ltd has generated -54.52% fall in its net profits since last 3-months.

    Read More about Earnings Results

Technicals Summary

Bearish

Neutral

Bullish

Bullish

TARC Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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TARC Ltd (TARC) share price today is ₹202

TARC Ltd is listed on NSE

TARC Ltd is listed on BSE

  • Today’s highest price of TARC Ltd is ₹202.
  • Today’s lowest price of TARC Ltd is ₹202.

PE Ratio of TARC Ltd is -80

PE ratio = TARC Ltd Market price per share / TARC Ltd Earnings per share

Today’s traded volume of TARC Ltd(TARC) is 7.29L.

Today’s market capitalisation of TARC Ltd(TARC) is ₹6138Cr.

TARC Ltd(TARCPrice
52 Week High
₹238.97
52 Week Low
₹63.55

TARC Ltd(TARC) share price is ₹202. It is down -15.47% from its 52 Week High price of ₹238.97

TARC Ltd(TARC) share price is ₹202. It is up 217.86% from its 52 Week Low price of ₹63.55

TARC Ltd(TARCReturns
1 Day Returns
-6%
1 Month Returns
7.11%
3 Month Returns
36.66%
1 Year Returns
204.09%