India's Richest People 2026 edition · 1 director · Source: Hurun India
- #994 Anil Sarin ₹2,800 Cr
Market Cap
₹3,240 Cr
TARC · NSE
Share Price
₹114.86
+4.63% today
Revenue
₹330 Cr
FY 2025-26 · +879.0% YoY
EBITDA
−₹264 Cr
Margin -80.2%
Net Profit
₹19.07 Cr
FY 2025-26 · +108.3% YoY
Authorised capital
₹85 Cr
Registered with MCA
Paid-up capital
₹59.02 Cr
Issued & subscribed
Open charges
₹2,089.8 Cr
Satisfied ₹2,465.46 Cr
About Tarc Limited
Data last updated:
Tarc Limited is a public limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 01 September 2016 and has been in existence for over 10 years.
Its director Anil Sarin is #994 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L70100DL2016PLC390526. Its GSTIN is 07AAOCA7650B2ZP (Delhi). The company holds 3 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 543249 and NSE: TARC.
The company has an authorised share capital of ₹85 Cr and a paid-up capital of ₹59.02 Cr. It was formerly known as Anant Raj Global Limited. It is led by directors including Amar Sarin (Managing Director) and Ambarish Chatterjee.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 2nd Floor C – 3 Qutab Institutional Area Katwaria Sarai, New Delhi, Delhi, India – 110016.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹329.84 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹19.07 Cr (net margin 5.8%) and EBITDA of -₹264.43 Cr (EBITDA margin -80.2%). The net worth stands at ₹1,062.09 Cr (up 1.8% YoY). Total assets are valued at ₹2,963.06 Cr (down 1.4% YoY).
The company has about 122 employees on its provident fund (EPFO) records. Its group structure includes 58 subsidiaries.
The company is associated with 1 brand: TARC Limited. As per MCA filings, the company has open charges of ₹2,089.8 Cr and satisfied charges of ₹2,465.46 Cr on record. Court records list 17 cases involving the company, including 8 filed by the company and 9 filed against it; 5 cases are pending. The company has 4 deals on record (3 market trades, 1 funding round), with disclosed funding of ₹59.02 Cr; the latest was in July 2026. Its 3 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 2 larger and 1 smaller; the largest is Magnacon Electricals India Ltd with revenue of ₹38.96 Cr. The company has 3 MSME Form 1 returns on record between 2021 and 2022, listing 10 overdue payments to 10 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tarc.in.
Company details
CIN L70100DL2016PLC390526
Registration Number 390526
Incorporation Date 01 September 2016
ROC Delhi
Listing Status Listed - Listed on NSE (TARC); Listed on BSE (543249)
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
CIN history
Tarc has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L70100DL2016PLC390526, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L70100DL2016PLC390526 | Current |
| U70100HR2016PLC065615 | Previous |
| L70100HR2016PLC065615 | Previous |
Recognitions & Rankings of Tarc
Contact details
Tarc Limited's registered office is in New Delhi, Delhi. Its website is tarc.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor C – 3 Qutab Institutional Area Katwaria Sarai, New Delhi, Delhi, India – 110016
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Tarc Limited, buy the company report.
Comprehensive company report
Tarc Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Tarc operates one associated brand: TARC Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Luxury real estate development services are provided in India. | tarc.in |
Business activity
The main business activity of Tarc is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Tarc Limited, buy the company report.
Financials of Tarc Limited
FY 2025-26 filings availableTarc Limited reported revenue of ₹329.84 Cr (up 879% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹330 Cr
+879.0% YoY
EBITDA
−₹264 Cr
-98.9% YoY
Profit After Tax
₹19.07 Cr
+108.2% YoY
Net Worth
₹1,062 Cr
+1.8% YoY
Total Assets
₹2,963 Cr
-1.4% YoY
Total Debt
₹1,895 Cr
-3.1% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 330 | 33.69 | 111 | 369 | 251 | 191 | 137 |
| Revenue growth | +879.0% | -69.8% | -69.8% | +47.1% | +31.2% | +39.1% | - |
| EBITDA | (264) | (133) | (27.73) | 160 | (184) | (0.22) | 25.46 |
| EBITDA margin | -80.2% | -394.6% | -24.9% | +43.3% | -73.6% | -0.1% | +18.5% |
| Profit before tax | 14.80 | (243) | (86.02) | 41.15 | (229) | 0.93 | 64.71 |
| Net profit | 19.07 | (231) | (71.50) | 22.21 | (237) | 6.17 | 53.10 |
| Net profit margin | +5.8% | -686.3% | -64.2% | +6.0% | -94.5% | +3.2% | +38.7% |
| EPS (₹) | 0.64 | (7.84) | (2.61) | 0.69 | (7.89) | 0.21 | 1.80 |
| Balance sheet | |||||||
| Total assets | 2,963 | 3,004 | 2,673 | 2,743 | 2,517 | 2,909 | 2,877 |
| Net worth | 1,062 | 1,043 | 1,275 | 1,352 | 1,332 | 1,564 | 1,558 |
| Total debt | 1,895 | 1,956 | 1,393 | 1,386 | 1,179 | 1,321 | 1,298 |
| Cash & bank | 81.09 | 51.56 | 67.42 | 115 | 27.69 | 14.96 | 9.05 |
| Net working capital | 1,023 | 1,060 | 903 | 1,132 | 847 | 454 | 469 |
| Cash flow | |||||||
| Cash from operations | 191 | 42.28 | 158 | (81.01) | (81.17) | 144 | 116 |
| Cash from investing | 275 | (67.81) | (39.06) | 74.52 | 367 | 22.97 | 17.46 |
| Cash from financing | (436) | 14.94 | (166) | 95.89 | (279) | (161) | (143) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 217 | 209 | 38.38 | 6.87 | 75.89 | 11.82 | 9.35 | 4.31 |
| Revenue growth (YoY) | +186.1% | +1665.7% | +310.5% | +59.4% | +824.4% | - | - | - |
| Other income | 1.58 | 91.32 | 3.92 | 27.23 | 219 | 2.08 | 1.87 | 0.71 |
| EBITDA | 40.19 | (90.26) | (18.21) | (35.64) | (120) | (83.64) | (11.18) | (24.41) |
| EBITDA margin | +18.5% | -43.2% | -47.4% | -518.8% | -158.5% | -707.6% | -119.6% | -566.4% |
| Depreciation | 2.10 | 2.90 | 2.39 | 2.40 | 2.41 | 2.32 | 2.44 | 2.61 |
| Interest | 17.69 | 15.21 | 10.89 | 11.23 | 15.28 | 24.83 | 19.38 | 49.44 |
| Profit before tax | 21.98 | (17.05) | (27.57) | (22.04) | 81.46 | (109) | (31.13) | (75.75) |
| Tax | (0.67) | (18.67) | (6.54) | (6.27) | 27.25 | (4.16) | (2.44) | (8.38) |
| Net profit | 22.65 | 1.62 | (21.03) | (15.77) | 54.21 | (105) | (28.69) | (67.37) |
| EPS (₹) | 0.77 | 0.05 | (0.71) | (0.53) | 1.84 | (3.54) | (0.97) | (2.28) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 35.69 | 13.68 | 60.39 | 197 | 436 | 175 | 107 |
| Revenue growth | +160.9% | -77.4% | -69.3% | -55.0% | +150.1% | +62.5% | - |
| EBITDA | (165) | (90.38) | (39.21) | 6.99 | (103) | 10.99 | 8.64 |
| EBITDA margin | -462.8% | -660.7% | -64.9% | +3.6% | -23.6% | +6.3% | +8.0% |
| Profit before tax | (202) | (100) | 16.85 | 11.82 | (132) | 5.28 | 2.64 |
| Net profit | (166) | (105) | 13.64 | 14.35 | (147) | 4.92 | 4.38 |
| Net profit margin | -464.1% | -770.3% | +22.6% | +7.3% | -33.6% | +2.8% | +4.1% |
| EPS (₹) | (5.61) | (3.57) | 0.46 | 0.49 | (4.97) | 0.17 | 0.15 |
| Balance sheet | |||||||
| Total assets | 1,905 | 2,443 | 2,822 | 2,800 | 2,203 | 2,560 | 2,555 |
| Net worth | 1,095 | 1,261 | 1,366 | 1,353 | 1,338 | 1,485 | 1,480 |
| Total debt | 809 | 1,182 | 1,454 | 1,447 | 861 | 1,065 | 1,069 |
| Cash & bank | 32.44 | 25.53 | 7.33 | 74.72 | 10.05 | 4.49 | 1.70 |
| Net working capital | 967 | 1,419 | 1,791 | 1,787 | 1,191 | 629 | 661 |
| Cash flow | |||||||
| Cash from operations | 423 | 257 | (8.04) | (27.02) | (50.33) | 158 | 70.27 |
| Cash from investing | 126 | 511 | 105 | (386) | 363 | 41.01 | 56.44 |
| Cash from financing | (543) | (751) | (165) | 477 | (307) | (196) | (132) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10.59 | 1.88 | 32.03 | 1.78 | 0.00 | 3.66 | 4.35 | 0.85 |
| Revenue growth (YoY) | - | -48.6% | +636.3% | +109.4% | -100.0% | - | - | - |
| Other income | 1.71 | 4.40 | 1.56 | 2.66 | 1.15 | 23.06 | 18.03 | 26.72 |
| Total expenses | 23.72 | 15.91 | 28.60 | 26.46 | 130 | 71.09 | 12.96 | 9.94 |
| EBITDA | (13.13) | (14.03) | 3.43 | (24.68) | (130) | (67.43) | (8.61) | (9.09) |
| EBITDA margin | -124.0% | -746.3% | +10.7% | -1386.5% | - | -1842.3% | -197.9% | -1069.4% |
| Depreciation | 0.53 | 0.67 | 0.66 | 0.65 | 0.63 | 0.87 | 0.79 | 0.80 |
| Interest | 9.43 | 9.88 | 10.68 | 10.91 | 12.58 | 24.19 | 17.34 | 47.38 |
| Profit before tax | (21.38) | (20.18) | (6.35) | (33.58) | (142) | (69.43) | (8.71) | (30.55) |
| Tax | 3.08 | (16.89) | (7.96) | (7.04) | (4.51) | 12.73 | (2.44) | (7.49) |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 26 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 217 | 209 | 38.38 | 6.87 | 75.89 | 11.82 | 9.35 | 4.31 |
| Revenue growth (YoY) | +186.1% | +1665.7% | +310.5% | +59.4% | +824.4% | - | - | - |
| Other income | 1.58 | 91.32 | 3.92 | 27.23 | 219 | 2.08 | 1.87 | 0.71 |
| EBITDA | 40.19 | (90.26) | (18.21) | (35.64) | (120) | (83.64) | (11.18) | (24.41) |
| EBITDA margin | +18.5% | -43.2% | -47.4% | -518.8% | -158.5% | -707.6% | -119.6% | -566.4% |
| Depreciation | 2.10 | 2.90 | 2.39 | 2.40 | 2.41 | 2.32 | 2.44 | 2.61 |
| Interest | 17.69 | 15.21 | 10.89 | 11.23 | 15.28 | 24.83 | 19.38 | 49.44 |
| Profit before tax | 21.98 | (17.05) | (27.57) | (22.04) | 81.46 | (109) | (31.13) | (75.75) |
| Tax | (0.67) | (18.67) | (6.54) | (6.27) | 27.25 | (4.16) | (2.44) | (8.38) |
| Net profit | 22.65 | 1.62 | (21.03) | (15.77) | 54.21 | (105) | (28.69) | (67.37) |
| EPS (₹) | 0.77 | 0.05 | (0.71) | (0.53) | 1.84 | (3.54) | (0.97) | (2.28) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 330 | 33.69 | 111 | 369 | 251 | 191 | 137 |
| Revenue growth | +879.0% | -69.8% | -69.8% | +47.1% | +31.2% | +39.1% | - |
| Other income | 342 | 5.20 | 9.96 | 6.00 | 50.08 | 29.91 | 72.02 |
| Total expenses | 594 | 167 | 139 | 209 | 435 | 191 | 112 |
| Employee cost | 0.00 | 38.83 | 30.71 | 10.87 | 9.11 | 10.70 | 11.06 |
| EBITDA | (264) | (133) | (27.73) | 160 | (184) | (0.22) | 25.46 |
| EBITDA margin | -80.2% | -394.6% | -24.9% | +43.3% | -73.6% | -0.1% | +18.5% |
| Depreciation | 10.10 | 8.99 | 6.49 | 7.19 | 8.66 | 8.16 | 7.55 |
| Interest | 52.61 | 106 | 61.76 | 117 | 86.30 | 20.60 | 25.22 |
| Profit before tax | 14.80 | (243) | (86.02) | 41.15 | (229) | 0.93 | 64.71 |
| Tax | (4.23) | (11.90) | (8.97) | 20.78 | 3.42 | (5.24) | 11.61 |
| Net profit | 19.07 | (231) | (71.50) | 22.21 | (237) | 6.17 | 53.10 |
| Net profit margin | +5.8% | -686.3% | -64.2% | +6.0% | -94.5% | +3.2% | +38.7% |
| EPS (₹) | 0.64 | (7.84) | (2.61) | 0.69 | (7.89) | 0.21 | 1.80 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 59.02 | 59.02 | 59.02 | 59.02 | 59.02 | 59.02 | 59.02 |
| Reserves & surplus | 1,003 | 984 | 1,216 | 1,293 | 1,273 | 1,505 | 1,499 |
| Shareholders' funds (net worth) | 1,062 | 1,043 | 1,275 | 1,352 | 1,332 | 1,564 | 1,558 |
| Minority interest | 0.22 | 0.28 | 0.36 | 0.36 | 0.29 | 0.32 | 0.32 |
| Secured loans | 409 | 679 | 1,130 | 1,130 | 0.00 | 1,013 | 1,255 |
| Unsecured loans | 1,486 | 1,277 | 263 | 256 | 1,179 | 308 | 43.39 |
| Total debt | 1,895 | 1,956 | 1,393 | 1,386 | 1,179 | 1,321 | 1,298 |
| Total liabilities | 2,963 | 3,004 | 2,673 | 2,743 | 2,517 | 2,909 | 2,877 |
| Assets | |||||||
| Gross block | 1,426 | 1,312 | 1,194 | 1,147 | 1,127 | 1,727 | 1,596 |
| Net block | 1,320 | 1,215 | 1,107 | 1,066 | 1,053 | 1,662 | 1,564 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 | 0.06 | 73.28 |
| Investments | 0.36 | 67.86 | 67.86 | 67.86 | 68.38 | 138 | 138 |
| Inventories | 2,396 | 1,951 | 1,385 | 1,106 | 1,065 | 848 | 829 |
| Sundry debtors | 6.85 | 9.88 | 6.22 | 9.57 | 4.81 | 16.87 | 3.01 |
| Cash & bank balances | 81.09 | 51.56 | 67.42 | 115 | 27.69 | 14.96 | 9.05 |
| Loans & advances | 173 | 257 | 234 | 324 | 212 | 71.92 | 76.84 |
| Total current assets | 2,657 | 2,270 | 1,693 | 1,555 | 1,309 | 952 | 918 |
| Total current liabilities | 1,634 | 1,210 | 790 | 423 | 462 | 497 | 450 |
| Net working capital | 1,023 | 1,060 | 903 | 1,132 | 847 | 454 | 469 |
| Total assets | 2,963 | 3,004 | 2,673 | 2,743 | 2,517 | 2,909 | 2,877 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 48.26 | 58.84 | 106 | 16.41 | 9.57 | 3.08 | 12.36 |
| Net cash from operating activities | 191 | 42.28 | 158 | (81.01) | (81.17) | 144 | 116 |
| Net cash from investing activities | 275 | (67.81) | (39.06) | 74.52 | 367 | 22.97 | 17.46 |
| Net cash from financing activities | (436) | 14.94 | (166) | 95.89 | (279) | (161) | (143) |
| Net change in cash | 29.09 | (10.59) | (46.96) | 89.40 | 6.84 | 6.48 | (9.28) |
| Closing cash | 81.09 | 51.56 | 67.42 | 115 | 27.69 | 14.96 | 9.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +879.0% | -69.8% | -69.8% | +47.1% | +31.2% | +39.1% | - |
| EBITDA growth | -98.9% | -379.4% | -117.4% | +186.5% | - | -100.9% | - |
| PBT growth | +9998.0% | -182.7% | - | +9998.0% | - | -98.6% | +9997.0% |
| Net income growth | +108.3% | -223.4% | -421.9% | +109.4% | -3938.4% | -88.4% | - |
| Revenue CAGR (3Y) | -3.6% | -48.8% | -16.4% | +39.0% | - | - | - |
| EBITDA CAGR (3Y) | - | -10.3% | +401.4% | +84.4% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +5.8% | -686.5% | -69.1% | +5.5% | -92.9% | +3.2% | +38.7% |
| Return on capital employed | - | -4.8% | -0.9% | +6.2% | -5.3% | +0.7% | +3.1% |
| Return on net worth | - | -20.0% | -5.9% | +1.7% | -16.1% | +0.4% | +3.4% |
| Debt / equity | - | 1.44 | 1.06 | 0.96 | 0.86 | 0.84 | 0.83 |
| Long-term debt / equity | - | 1.20 | 1.01 | 0.82 | 0.66 | 0.64 | 0.63 |
| Interest cover | -19.16 | -75.00 | -180.48 | 76.93 | -44.69 | -245.82 | 140.82 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.03 | 0.10 | 0.32 | 0.18 | 0.11 | 0.09 |
| Inventory turnover | - | 0.02 | 0.09 | 0.34 | 0.26 | 0.23 | 0.17 |
| Debtors turnover | - | 4.19 | 14.12 | 51.27 | 23.12 | 19.21 | 45.62 |
| EPS (₹) | 0.64 | (7.84) | (2.61) | 0.69 | (7.89) | 0.21 | 1.80 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 35.34 | 43.19 | 45.80 | 45.13 | 53.01 | 52.78 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10.59 | 1.88 | 32.03 | 1.78 | 0.00 | 3.66 | 4.35 | 0.85 |
| Revenue growth (YoY) | - | -48.6% | +636.3% | +109.4% | -100.0% | - | - | - |
| Other income | 1.71 | 4.40 | 1.56 | 2.66 | 1.15 | 23.06 | 18.03 | 26.72 |
| Total expenses | 23.72 | 15.91 | 28.60 | 26.46 | 130 | 71.09 | 12.96 | 9.94 |
| EBITDA | (13.13) | (14.03) | 3.43 | (24.68) | (130) | (67.43) | (8.61) | (9.09) |
| EBITDA margin | -124.0% | -746.3% | +10.7% | -1386.5% | - | -1842.3% | -197.9% | -1069.4% |
| Depreciation | 0.53 | 0.67 | 0.66 | 0.65 | 0.63 | 0.87 | 0.79 | 0.80 |
| Interest | 9.43 | 9.88 | 10.68 | 10.91 | 12.58 | 24.19 | 17.34 | 47.38 |
| Profit before tax | (21.38) | (20.18) | (6.35) | (33.58) | (142) | (69.43) | (8.71) | (30.55) |
| Tax | 3.08 | (16.89) | (7.96) | (7.04) | (4.51) | 12.73 | (2.44) | (7.49) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 35.69 | 13.68 | 60.39 | 197 | 436 | 175 | 107 |
| Revenue growth | +160.9% | -77.4% | -69.3% | -55.0% | +150.1% | +62.5% | - |
| Other income | 9.78 | 94.28 | 117 | 123 | 25.35 | 4.90 | 10.64 |
| Total expenses | 201 | 104 | 99.60 | 190 | 539 | 164 | 98.79 |
| Employee cost | 0.00 | 9.08 | 10.02 | 8.68 | 6.99 | 8.60 | 9.69 |
| EBITDA | (165) | (90.38) | (39.21) | 6.99 | (103) | 10.99 | 8.64 |
| EBITDA margin | -462.8% | -660.7% | -64.9% | +3.6% | -23.6% | +6.3% | +8.0% |
| Depreciation | 2.61 | 3.18 | 2.92 | 1.57 | 1.75 | 2.14 | 2.26 |
| Interest | 44.05 | 101 | 57.81 | 117 | 52.35 | 8.47 | 14.38 |
| Profit before tax | (202) | (100) | 16.85 | 11.82 | (132) | 5.28 | 2.64 |
| Tax | (36.40) | 4.91 | 3.21 | (2.53) | 14.96 | 0.36 | (1.74) |
| Net profit | (166) | (105) | 13.64 | 14.35 | (147) | 4.92 | 4.38 |
| Net profit margin | -464.1% | -770.3% | +22.6% | +7.3% | -33.6% | +2.8% | +4.1% |
| EPS (₹) | (5.61) | (3.57) | 0.46 | 0.49 | (4.97) | 0.17 | 0.15 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 59.02 | 59.02 | 59.02 | 59.02 | 59.02 | 59.02 | 59.02 |
| Reserves & surplus | 1,036 | 1,202 | 1,307 | 1,294 | 1,279 | 1,426 | 1,421 |
| Shareholders' funds (net worth) | 1,095 | 1,261 | 1,366 | 1,353 | 1,338 | 1,485 | 1,480 |
| Secured loans | 411 | 2.55 | 734 | 932 | 0.11 | 761 | 991 |
| Unsecured loans | 398 | 1,179 | 720 | 515 | 861 | 304 | 77.67 |
| Total debt | 809 | 1,182 | 1,454 | 1,447 | 861 | 1,065 | 1,069 |
| Total liabilities | 1,905 | 2,443 | 2,822 | 2,800 | 2,203 | 2,560 | 2,555 |
| Assets | |||||||
| Gross block | 42.44 | 41.66 | 39.75 | 33.32 | 34.50 | 849 | 829 |
| Net block | 24.22 | 25.93 | 27.20 | 23.68 | 26.44 | 827 | 810 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 | 0.06 | 0.00 |
| Investments | 513 | 547 | 558 | 558 | 558 | 558 | 566 |
| Inventories | 905 | 677 | 445 | 378 | 498 | 848 | 829 |
| Sundry debtors | 90.28 | 283 | 484 | 488 | 490 | 13.31 | 0.10 |
| Cash & bank balances | 32.44 | 25.53 | 7.33 | 74.72 | 10.05 | 4.49 | 1.70 |
| Loans & advances | 670 | 806 | 1,079 | 1,011 | 520 | 124 | 180 |
| Total current assets | 1,698 | 1,791 | 2,015 | 1,952 | 1,518 | 989 | 1,011 |
| Total current liabilities | 731 | 372 | 224 | 165 | 327 | 360 | 350 |
| Net working capital | 967 | 1,419 | 1,791 | 1,787 | 1,191 | 629 | 661 |
| Total assets | 1,905 | 2,443 | 2,822 | 2,800 | 2,203 | 2,560 | 2,555 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 25.30 | 7.15 | 74.55 | 10.05 | 4.49 | 1.70 | 6.59 |
| Net cash from operating activities | 423 | 257 | (8.04) | (27.02) | (50.33) | 158 | 70.27 |
| Net cash from investing activities | 126 | 511 | 105 | (386) | 363 | 41.01 | 56.44 |
| Net cash from financing activities | (543) | (751) | (165) | 477 | (307) | (196) | (132) |
| Net change in cash | 6.47 | 18.15 | (67.40) | 64.50 | 5.56 | 2.79 | (4.89) |
| Closing cash | 32.44 | 25.53 | 7.33 | 74.72 | 10.05 | 4.49 | 1.70 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +160.9% | -77.4% | -69.3% | -55.0% | +150.1% | +62.5% | - |
| EBITDA growth | -82.8% | -130.5% | -660.9% | +106.8% | -1035.7% | +27.2% | - |
| PBT growth | -101.1% | - | +42.6% | +9998.0% | - | +100.0% | +9998.0% |
| Net income growth | -57.2% | -872.6% | -5.0% | +109.8% | -3078.5% | +12.3% | - |
| Revenue CAGR (3Y) | -43.4% | -68.5% | -29.8% | +22.3% | - | - | - |
| EBITDA CAGR (3Y) | - | -4.2% | - | -6.8% | +2074.6% | - | - |
| Profitability & leverage | |||||||
| Net income margin | -464.1% | -770.3% | +22.6% | +7.3% | -33.6% | +2.8% | +4.1% |
| Return on capital employed | - | +0.0% | +2.7% | +5.1% | -3.3% | +0.5% | +1.3% |
| Return on net worth | - | -8.0% | +1.0% | +1.1% | -10.4% | +0.3% | +0.6% |
| Debt / equity | - | 1.00 | 1.07 | 0.86 | 0.68 | 0.72 | 0.72 |
| Long-term debt / equity | - | 0.36 | 0.76 | 0.42 | 0.27 | 0.50 | 0.49 |
| Interest cover | -26.25 | -108.16 | -137.22 | 2,149.63 | -50.06 | 95.71 | 225.39 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.34 | 1.65 | 5.80 | 0.99 | 0.21 | 0.26 |
| Inventory turnover | - | 0.02 | 0.15 | 0.45 | 0.65 | 0.21 | 0.26 |
| Debtors turnover | - | 0.04 | 0.12 | 0.40 | 1.73 | 26.03 | 2,148.60 |
| EPS (₹) | (5.61) | (3.57) | 0.46 | 0.49 | (4.97) | 0.17 | 0.15 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 42.73 | 46.30 | 45.83 | 45.36 | 50.32 | 50.14 |
To see the full year-wise statements and ratios of Tarc Limited, buy the company report.
Board of directors of Tarc Limited
Tarc has 7 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ambarish Chatterjee Also directs: Landmark Property Development Company Limited, Grand Buildtech Limited, Freshly Farmed and Frozen Foods Private Limited and 2 more | Director | 10 Nov 2016 | 9 Years 11 Months | Current |
| Muskaan Sarin | Director | 29 Sep 2021 | 5 Years 0 Months | Current |
| Amar Sarin | Managing Director | 29 Aug 2018 | 8 Years 1 Months | Current |
| Anil Sarin Also directs: Asylum Estate LLP, Gagan Promoters LLP, Carnation Promoters Private Limited and 3 more | Director | 01 Sep 2016 | 10 Years 1 Months | Current |
| Miyar Ramanath Nayak Also directs: Niskha Finance Private Limited | Director | 21 Jan 2021 | 5 Years 9 Months | Current |
| Bindu Acharya Also directs: Rajasthan Antibiotics Ltd | Director | 13 Feb 2023 | 3 Years 8 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Tarc Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tarc Limitedthis company | ₹329.84 Cr (FY 2026) | ₹19.07 Cr | 5.8% | 879.0% | 122 | New Delhi, Delhi, India |
| Magnacon Electricals India Ltd | ₹38.96 Cr (FY 2025) | 22.0% | Kolkata, West Bengal, India | |||
| Rajdarbar Transpay Solutions Private Limited | ₹38.94 Cr (FY 2024) | 59.0% | Noida, Uttar Pradesh, India | |||
| K P S Wellness Private Limited | ₹38.8 Cr (FY 2025) | 91.0% | Agra, Uttar Pradesh, India |
To see the full peer comparison of Tarc Limited, buy the company report.
Auditor
Tarc Limited is audited by Doogar & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Doogar & Associates | FY 2022 | 000561N |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 65.10%, foreign institutional investors hold 1.00%, domestic institutional investors hold 6.40% and retail and other public shareholders hold 27.50%.
Sep 2026
QUARTER
65.10% Promoters
6.40% DII (Domestic Institutional)
1.00% FII (Foreign Institutional)
27.50% Retail & Others
Promoter holding - history
Now 65.10% · Sep 2026High 65.10% · Dec 2025Low 65.10% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 65.10% | 65.10% | 65.10% | 65.10% |
| Public | 34.90% | 34.90% | 34.90% | 34.90% |
Charges & borrowings
Open charges
₹2,089.8 Cr
Satisfied charges
₹2,465.46 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2025 | 101077479 | Others | ₹426 Cr | Open | |
| 21 Mar 2025 | 101080145 | Others | ₹409 Cr | Open | |
| 23 Oct 2024 | 101014126 | Others | ₹1,250 Cr | Open | |
| 20 May 2023 | 100755546 | Axis Bank Limited | ₹3 Cr | Open | |
| 21 Oct 2022 | 100620588 | Others | ₹90 Lakh | Open |
To see the full charge records of Tarc Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Tarc Limited has 4 deals on record (3 market trades, 1 funding round), with disclosed funding of ₹59.02 Cr; the latest was in July 2026.
Total deals
4
Market trades
3
Funding round
1
Disclosed funding
₹59.02 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2026 | Market trade | ₹132.46 Cr | Buyer: Microcurves Trading Private Limited , NK Securities Research Private Limited , GRT Strategic Ventures LLP Seller: Microcurves Trading Private Limited , NK Securities Research Private Limited , GRT Strategic Ventures LLP |
| Oct 2023 | Market trade | ₹15.57 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Sep 2021 | Market trade | ₹11.45 Cr | Seller: JMVD Financial Advisors LLP |
| Oct 2020 | Funding round | ₹59.02 Cr | Investors: Others - Tarc Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Tarc Limited has 17 court cases on record: 8 filed by Tarc, 9 filed against it. 5 cases are pending and 12 are disposed.
Total cases
17
Filed by the company
8
Filed against the company
9
Pending
5
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 4 | 5 |
| High courts | 8 | 4 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed against the company by M/S Colliers International India Property Services Pvt. Ltd | Disposed |
| District court, New Delhi, Delhi | Court case (OMP (T) (COMM.)) | Filed against the company by Genetic Constructions | Pending |
| District court, South, Delhi | Commercial suit | Filed by the company against an individual | Pending |
| District court, South, Delhi | Execution petition | Filed against the company by Genetic Construction | Pending |
| District court, New Delhi, Delhi | Court case (OMP (COMM.)) | Filed by the company against M/S Genetic Constructions Through Its Prop SH Jagbir Singh | Pending |
To see the full case history of Tarc Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Tarc Limited has 3 MSME Form 1 returns on record between 2021 and 2022, listing 10 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| SRM Buildtech Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Anika Global Trading Private Limited | |||
| I.B. Enterprises |
To see the full MSME payment records of Tarc Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Tarc has 58 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
58
Subsidiary companies
1
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| West Land Buildcon Limited | U00500DL2005PLC138536 | |
| Echo Buildtech Limited | U00500DL2005PLC138541 | |
| Grand Buildtech Limited | U00500DL2005PLC138544 | |
| Townsend Construction and Equipments Limited | U45200DL2006PLC155087 | |
| Rising Realty Limited | U45200DL2006PLC155123 | |
| Capital Buildcon Limited | U45200DL2006PLC156694 |
To see the full group structure of Tarc Limited, buy the company report.
Employees & EPFO
Tarc Limited has a workforce of 122 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
122
Active EPFO establishments
1
Employee growth
50.62%
GST
Tarc has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAOCA7650B2ZP | Delhi | Active | 19 Sep 2020 |
| 06AAOCA7650B1ZS | Haryana | Active | 25 Aug 2020 |
| 06AAOCA7650B2ZR | Haryana | Active | 18 Aug 2023 |
To see the full GST registrations and return filing status of Tarc Limited, buy the company report.
Recent activity
Tarc Limited has 25 board changes on record since 2016: 17 appointments and 8 cessations. The latest: Bindu Acharya was appointed as Director on 13 Feb 2023.
Filing
Tarc Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Delhi I.
Charges
A charge with Others of Rs. 409.00 Cr registered on 21 Mar 2025 with Charge ID 101080145 was modified on 19 Nov 2025.
AGM
Tarc Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Charges
A charge registered on 28 Sep 2023 via Charge ID 100794533 with Others was fully satisfied on 09 Apr 2025.
Charges
A charge registered on 28 Apr 2022 via Charge ID 100572099 with Others was fully satisfied on 09 Apr 2025.
Charges
A charge with Others amounted to Rs. 426.00 Cr with Charge ID 101077479 was registered on 21 Mar 2025.
Charges
A charge with Others amounted to Rs. 409.00 Cr with Charge ID 101080145 was registered on 21 Mar 2025.
Charges
A charge with Others amounted to Rs. 1,250.00 Cr with Charge ID 101014126 was registered on 23 Oct 2024.
Charges
A charge with Others amounted to Rs. 191.00 Cr with Charge ID 100794533 was registered on 28 Sep 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100755546 was registered on 20 May 2023.
Appointed
Bindu Acharya was appointed as Director.
Appointed
Jyoti Ghosh was appointed as Director.
35 earlier events are in the company report.
News
Frequently asked questions
Tarc is an active public limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 01 September 2016 (10+ years old) and is registered under CIN L70100DL2016PLC390526. Listed on BSE: 543249 and NSE: TARC.
Tarc reported revenue of ₹329.84 Cr for FY 2025-26 (up 879% YoY) based on consolidated financials.
Tarc has 7 current directors:
- Amar Sarin - Managing Director
- Ambarish Chatterjee - Director
- Muskaan Sarin - Director
- Anil Sarin - Director
- Miyar Ramanath Nayak - Director
- Bindu Acharya - Director
- Jyoti Ghosh - Director
The latest financial statements of Tarc on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Tarc is 07AAOCA7650B2ZP, registered in Delhi. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 06AAOCA7650B1ZS (Haryana), 06AAOCA7650B2ZR (Haryana).
The CIN (Corporate Identification Number) of Tarc is L70100DL2016PLC390526. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Tarc is a listed company as per MCA records. Its shares are listed on both BSE (code: 543249) and NSE (symbol: TARC).
Tarc has 17 court cases on record: 8 filed by the company and 9 filed against it. 5 are pending. Most are in the district courts.
Tarc was incorporated on 01 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
Tarc has 4 deals on record (3 market trades, 1 funding round), with disclosed funding of ₹59.02 Cr; the latest was in July 2026.
The peers of Tarc by revenue are Magnacon Electricals India Ltd, Rajdarbar Transpay Solutions Private Limited, K P S Wellness Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Bindu Acharya was appointed as Director on 13 Feb 2023. Jyoti Ghosh was appointed as Director on 13 Feb 2023. Sushmaa Chhabra ceased to be Director on 13 Feb 2023. Tarc has 25 board changes on record in total.