TARMAT

Tarmat Ltd.

NSE: TARMAT

BSE: 532869

Sector: Construction

Industry Group: Construction

Industry: Civil Construction

56.94+0.1 (+0.26%)

7 Oct, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

32.6 / 100

Value Score

77.3 / 100

Price Momentum Score

61.3 / 100

QVM Score

61.7 / 100

Key Metrics

Market Cap

142.71

P/E (TTM)

20.15

P/B

0.76

P/S (TTM)

1.11

EV/EBITDA

19.81

CAPE (5Y)

32.61

ROE (TTM)

3.47

ROCE (TTM)

2.93

ROA (TTM)

2.51

Avg 3Y ROE

1.28

Earnings 3Y CAGR

-1.39

Sales 3Y CAGR

1.04

Sales 5Y CAGR

-9.58

Debt/Equity

0.08

Consensus TP

Strong Buy %

Promoter Holding

29.05

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Tarmat Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Strong revenue growth and above median growth of industry

The company delivered strong revenue growth of 22.8% for 12-month ended 30 Jun 2026 and the growth was 13.9 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: 8.9

Value 22.8

-89.966675.73

Strong EPS growth and above median growth of industry

The company delivered strong EPS growth of 337.23% for 12-month ended 30 Jun 2026 and the growth was 338.23 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.08 as on 30 Jun 2026 and Debt to Equity increased marginally by 0.02 in the last 1 year

What is Debt to Equity?

Company is net cash

The company is net cash i.e., cash and cash equivalents exceed total debt indicating a healthy balance sheet

What is Net Debt ?

Negative

Low dividend yield

The company has a low dividend yield of 0.0%

What is Dividend yield?

Neutral

Reasonably valued but PE TTM is at a premium to industry median P/E

PE TTM of 20.15 indicates that the stock is reasonably valued on a standalone basis but is at a 36.8% premium to industry median P/E

What is P/E Ratio?

Median: 14.73

Value 20.15

0.081734.65

Low ROE but improving trend

The company reported low ROE of 3.47% for 12-month ended 30 Jun 2026 but ROE improved by 224 bps from 1 year ago

What is ROE (FY)?

Low operating margin but improving trend

The company reported low operating margin of 4.79% for 12-month ended 30 Jun 2026 but operating margin improved by 332 bps from 1 year ago

What is Operating profit margin?

Company's earnings are of moderate quality

Earnings quality score of 60.3 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

60.3 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Tarmat Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Tarmat Ltd. Shareholding Pattern

Quarterly breakdown of Tarmat Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	50.58	48.95	43.30	39.90	39.90	39.90	39.90	39.90	39.90	33.67	36.15	35.84	33.24	33.24	33.24	33.24	33.24	33.24	33.24	29.83	30.15	29.83	29.83	30.13	29.05	29.05
Indian Promoter	50.58	48.95	43.30	39.90	39.90	39.90	39.90	39.90	39.90	33.67	36.15	35.84	33.24	33.24	33.24	33.24	33.24	33.24	33.24	29.83	30.15	29.83	29.83	30.13	29.05	29.05
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	0.00	-	-	-	-	-	0.00	0.01	-	-	0.00	0.00	0.02	0.01	0.00	0.00	0.07	0.07	2.84	2.53	2.96	2.94	2.92	1.87	1.80	1.80
Mutual Funds / UTI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FI/Bank/Insurance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.00	0.00	0.00	0.00	0.02	0.01	0.00	0.00	0.07	0.07	2.84	2.53	2.96	2.94	2.92	1.87	1.80	1.80
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Non-Institution	49.42	51.05	56.70	60.10	60.10	60.10	60.09	60.08	60.10	66.33	63.85	64.16	66.73	66.75	66.75	66.76	66.69	66.69	63.91	67.64	66.89	67.23	67.25	68.00	69.15	69.15
Bodies Corporate	6.48	-	6.05	11.95	12.12	12.22	18.16	-	17.57	-	33.55	34.14	38.61	38.59	38.17	37.42	28.93	28.93	29.53	36.41	36.23	35.36	35.28	31.65	30.25	30.90
Others (incl. Retail) No. of shareholders	42.94 8,595	51.05 8,605	50.65 8,636	48.15 9,009	47.98 8,796	47.88 8,841	41.93 11,006	60.08 10,521	42.53 10,632	66.33 10,529	30.30 10,388	30.02 10,353	28.12 9,838	28.16 9,737	28.58 11,064	29.34 12,448	37.76 14,061	37.76 14,061	34.38 14,511	31.23 14,326	30.66 14,248	31.87 14,274	31.97 14,492	36.35 13,958	38.90 13,394	38.25 13,161

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Tarmat Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
DILIP VARGHESE Promoter & Director	March-2026	Market Purchase (Acquisition) 4th Mar 2026	5.21 %	₹ 54.89	13.00 k	₹ 7.14 lac
DILIP VARGHESE Promoter & Director	February-2026	Market Purchase (Acquisition) 25th Feb 2026	5.14 %	₹ 55.00	17.00 k	₹ 9.35 lac
DILIP VARGHESE Promoter & Director	February-2026	Market Purchase (Acquisition) 24th Feb 2026	5.14 %	₹ 53.00	861.00	₹ 45.63 k
DILIP VARGHESE Promoter & Director	November-2025	Market Purchase (Acquisition) 29th Nov 2025	5.23 %	₹ 52.94	19.00 k	₹ 10.06 lac
DILIP VARGHESE Promoter & Director	November-2025	Market Purchase (Acquisition) 25th Nov 2025	5.19 %	₹ 53.00	9.00 k	₹ 4.77 lac
DILIP VARGHESE Promoter & Director	November-2025	Market Purchase (Acquisition) 22nd Nov 2025	5.12 %	₹ 52.68	16.92 k	₹ 8.91 lac
DILIP VARGHESE Promoter & Director	November-2025	Market Purchase (Acquisition) 21st Nov 2025	5.06 %	₹ 52.90	16.00 k	₹ 8.46 lac
JERRY VARGHESE Promoter & Director	March-2025	Market Purchase (Acquisition) 15th Mar 2025	13.89 %	₹ 51.34	10.70 k	₹ 5.49 lac
JERRY VARGHESE Promoter & Director	March-2025	Market Purchase (Acquisition) 10th Mar 2025	13.85 %	₹ 56.45	8.90 k	₹ 5.02 lac
JERRY VARGHESE Promoter & Director	March-2025	Market Purchase (Acquisition) 6th Mar 2025	13.78 %	₹ 54.43	16.60 k	₹ 9.03 lac

Corporate Actions

History of Tarmat Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 1/share
Record date: 21st Sep 2010Ex-date: 20th Sep 2010
Announced on: 8th Jul 2010
Dividend₹ 1/share
Record date: 16th Sep 2009Ex-date: 15th Sep 2009
Announced on: 26th Aug 2009
Dividend₹ 1/share
Record date: 3rd Sep 2008Ex-date: 1st Sep 2008
Announced on: 2nd Jun 2008

Company Profile

Overview of Tarmat Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Tarmat Limited is an India-based infrastructure company, which is engaged in the business of construction of highways and runways. The Company operates through the Construction segment. The Company provides services, such as airport runways, highways, infrastructure, railways and real estate. The Co...

Key personnel

Shri. Shivatosh Chakraborty

Company Secretary and Chief Financial Officer, Compliance Officer

Mr. Jerry E. VargheseD

Non-Executive Non-Independent Chairman of the Board

Mr. Dilip VargheseD

Managing Director, Executive Director

Dr. Kishanrao Marutirao GodboleD

Non-Executive Independent Director

Mr. Krishan Kumar KinraD

Non-Executive Independent Director

Mrs. Priyanka Bhushan SahaniD

Non-Executive Independent Director

Mrs. Priyanka Bhushan SahaniD

Non-Executive Independent Director

Incorporated on

03 Jan 1986

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

112

IPO date

04 Jul 2007

Free Float

49,96,045

Website

https://www.tarmatlimited.com/

Phone no.

+912228401180

Address

A.K General Vaidya Marg, Film City Road, Goregaon (East), MUMBAI, 400063, India

Frequently Asked Questions

What is the current share price of Tarmat Ltd.?

The current share price of Tarmat Ltd. is ₹ 56.94 as of 7 Oct 2026.

What is the market capitalisation of Tarmat Ltd.?

The market capitalisation of Tarmat Ltd. stands at ₹ 142.71 Cr.

What is the PE ratio of Tarmat Ltd.?

The Price-to-Earnings (PE) ratio of Tarmat Ltd. is 20.15 as of the latest trailing twelve months data.

What is the ROE and ROCE of Tarmat Ltd.?

Tarmat Ltd. has a Return on Equity (ROE) of 3.47% and a Return on Capital Employed (ROCE) of 2.93% as per the latest financial reports.

What is the 52-week high and low of Tarmat Ltd.?

The 52-week high of Tarmat Ltd. is - and the 52-week low is -.

What is the dividend yield of Tarmat Ltd.?

The dividend yield of Tarmat Ltd. is 0.00% based on the current market price.

What is the FII and DII holding in Tarmat Ltd.?

Foreign Institutional Investors (FII) hold 1.80%, Domestic Institutional Investors (DII) hold 0.00% and retail/public investors hold 38.25% of Tarmat Ltd. shares.

What sector does Tarmat Ltd. belong to?

Tarmat Ltd. operates in the Construction sector.

What is the beta of Tarmat Ltd.?

The beta of Tarmat Ltd. is 0.62, indicating its price volatility relative to the broader market. Over the past 1 year, Tarmat Ltd. has delivered an absolute return of 15.38%.

What is the RSI of Tarmat Ltd.?

The 14-day Relative Strength Index (RSI) of Tarmat Ltd. is 50.02, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Tarmat Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Tarmat Ltd. Shareholding Pattern

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Company Profile

Corporate Actions