Tarmat Limited - infrastructure and utilities in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L45203MH1986PLC038535 Incorporated 03 January 1986 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: TARMAT · BSE: 532869 Public Limited Company infrastructure and utilities
Data last updated
Market Cap
₹140 Cr
TARMAT · NSE
Share Price
₹56.20
+0.64% today
Revenue
₹117 Cr
FY 2025-26 · +15.9% YoY
EBITDA
₹6.88 Cr
Margin 5.9%
Net Profit
₹6.24 Cr
FY 2025-26 · +348.9% YoY
P/E (TTM)
19.8x
P/B 0.8x
Authorised capital
₹32.5 Cr
Registered with MCA
Paid-up capital
₹25.06 Cr
Issued & subscribed

About Tarmat Limited

Data last updated:

Tarmat Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 03 January 1986 and has been in existence for over 40 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L45203MH1986PLC038535. Its GSTIN is 27AAACT1561G1ZJ (Maharashtra). The company holds 13 GST registrations, of which 7 are active. Its shares are listed on BSE: 532869 and NSE: TARMAT.

The company has an authorised share capital of ₹32.5 Cr and a paid-up capital of ₹25.06 Cr. It was formerly known as Tarmat Infrastructural & Engineering Private Limited and Roman Tarmat Private Limited. It is led by directors including Dilip Jerry Varghese (Managing Director) and Amit Atmaram Shah (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at P B No 9042 Goregaon E, Mumbai, Maharashtra, India – 400063.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹117.37 Cr, a growth of 15.9% compared to the previous year. For the same year it recorded a net profit of ₹6.24 Cr (net margin 5.3%) and EBITDA of ₹6.88 Cr (EBITDA margin 5.9%). The net worth stands at ₹186.69 Cr (up 7.7% YoY). Total assets are valued at ₹202.25 Cr (up 10.3% YoY).

The company is associated with 1 brand: Tarmat. As per MCA filings, the company has open charges of ₹46.65 Cr and satisfied charges of ₹80.25 Cr on record. Court records list 251 cases involving the company, including 155 filed by the company and 75 filed against it; 34 cases are pending. The company has 83 deals on record (81 market trades, 1 ipo, 1 funding round), with disclosed funding of ₹51.89 Cr; the latest was in February 2026. Its 10 peer companies in the Infrastructure industry (Construction Services) are compared by revenue, 5 larger and 5 smaller; the largest is Dynasoure Concrete Treatment Private Limited with revenue of ₹102.63 Cr. The company has 7 MSME Form 1 returns on record between 2021 and 2024, listing 41 overdue payments to 14 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 tarmatlimited.com.

Company Details of Tarmat Limited
CIN L45203MH1986PLC038535
Registration Number 038535
Incorporation Date 03 January 1986
ROC Mumbai
Listing Status Listed (BSE: 532869, NSE: TARMAT)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
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  • Telephone
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  • Social Media
  • Registered Address
    P B No 9042 Goregaon E, Mumbai, Maharashtra, India – 400063
  • Industry
    Infrastructure and Utilities, Road & Bridge Construction
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Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Tarmat Limited

The main business activity of Tarmat is construction. In detail, this covers roads, railways, utility projects.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
FConstructionF2Roads, railways, Utility projectsLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Tarmat Limited FY 2025-26 filings available

Tarmat Limited reported revenue of ₹117.37 Cr (up 15.9% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹117 Cr
+15.9% YoY
EBITDA
₹6.88 Cr
+111.7% YoY
Profit After Tax
₹6.24 Cr
+348.9% YoY
Net Worth
₹187 Cr
+7.7% YoY
Total Assets
₹202 Cr
+10.3% YoY
Total Debt
₹15.02 Cr
+57.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue11710189.35144181196276
Revenue growth+15.9%+13.4%-37.8%-20.6%-7.6%-29.1%-
EBITDA6.883.25(0.14)2.157.047.1311.12
EBITDA margin+5.9%+3.2%-0.2%+1.5%+3.9%+3.6%+4.0%
Profit before tax5.741.80(1.27)7.284.664.028.81
Net profit6.241.391.474.894.585.156.84
Net profit margin+5.3%+1.4%+1.7%+3.4%+2.5%+2.6%+2.5%
EPS (₹)2.510.78(0.53)3.482.903.865.15
Balance sheet
Total assets202183141138138152167
Net worth18717313013193.5861.2956.15
Total debt15.029.5310.465.9643.3689.47110
Cash & bank20.529.835.715.044.4614.7027.85
Net working capital15814710910410894.5298.83
Cash flow
Cash from operations7.52(9.16)(3.20)9.46(7.12)26.42(13.04)
Cash from investing(7.44)(26.90)0.01(0.85)17.92(1.94)(5.47)
Cash from financing11.4940.193.85(8.01)(20.99)(23.87)20.09
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue35.8142.4627.3122.6724.9437.7926.1415.57
Revenue growth (YoY)+43.6%+12.4%+4.5%+45.6%+14.5%---
Other income0.060.390.040.750.060.780.230.04
EBITDA2.462.891.741.131.120.730.570.56
EBITDA margin+6.9%+6.8%+6.4%+5.0%+4.5%+1.9%+2.2%+3.6%
Depreciation0.310.370.320.290.290.570.400.18
Interest0.310.260.410.210.250.320.110.04
Profit before tax1.902.651.051.380.640.620.290.38
Tax0.37(0.30)(0.07)(0.08)(0.06)0.05(0.05)(0.03)
Net profit1.532.951.121.460.700.570.340.41
EPS (₹)0.621.180.460.610.300.190.160.19
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue11710189.35144162171233
Revenue growth+15.9%+13.4%-37.8%-11.3%-5.1%-26.8%-
EBITDA7.183.25(0.14)2.156.977.1910.97
EBITDA margin+6.1%+3.2%-0.2%+1.5%+4.3%+4.2%+4.7%
Profit before tax6.051.80(1.27)7.284.664.008.84
Net profit6.551.391.474.894.005.046.93
Net profit margin+5.6%+1.4%+1.7%+3.4%+2.5%+3.0%+3.0%
EPS (₹)2.640.78(0.53)3.482.903.825.19
Balance sheet
Total assets203183141138138152168
Net worth18717313013193.5861.2956.20
Total debt15.029.5310.465.9643.3689.47110
Cash & bank20.399.833.625.044.4614.6527.77
Net working capital15014099.2696.4310190.60101
Cash flow
Cash from operations7.48(9.16)(3.20)9.46(7.12)26.41(13.55)
Cash from investing(7.51)(26.90)0.01(0.85)17.92(1.94)(4.99)
Cash from financing11.4940.193.85(8.01)(20.99)(23.87)20.09
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue29.5942.4627.3122.6724.9437.7926.1415.57
Revenue growth (YoY)+18.6%+12.4%+4.5%+45.6%+14.5%---
Other income0.060.390.040.750.060.780.230.04
Total expenses28.3339.2625.5721.5423.8237.0625.5715.01
EBITDA1.263.201.741.131.120.730.570.56
EBITDA margin+4.3%+7.5%+6.4%+5.0%+4.5%+1.9%+2.2%+3.6%
Depreciation0.300.360.320.290.290.570.400.18
Interest0.310.260.410.210.250.320.110.04
Profit before tax0.712.971.051.380.640.620.290.38
Tax0.15(0.30)(0.07)(0.08)(0.06)0.05(0.05)(0.03)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 12 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue35.8142.4627.3122.6724.9437.7926.1415.57
Revenue growth (YoY)+43.6%+12.4%+4.5%+45.6%+14.5%---
Other income0.060.390.040.750.060.780.230.04
EBITDA2.462.891.741.131.120.730.570.56
EBITDA margin+6.9%+6.8%+6.4%+5.0%+4.5%+1.9%+2.2%+3.6%
Depreciation0.310.370.320.290.290.570.400.18
Interest0.310.260.410.210.250.320.110.04
Profit before tax1.902.651.051.380.640.620.290.38
Tax0.37(0.30)(0.07)(0.08)(0.06)0.05(0.05)(0.03)
Net profit1.532.951.121.460.700.570.340.41
EPS (₹)0.621.180.460.610.300.190.160.19
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue11710189.35144181196276
Revenue growth+15.9%+13.4%-37.8%-20.6%-7.6%-29.1%-
Other income1.241.050.446.681.061.330.88
Total expenses11098.0389.49142174189265
Employee cost0.009.247.149.378.565.915.44
EBITDA6.883.25(0.14)2.157.047.1311.12
EBITDA margin+5.9%+3.2%-0.2%+1.5%+3.9%+3.6%+4.0%
Depreciation1.261.330.841.041.061.380.82
Interest1.121.170.730.512.383.062.37
Profit before tax5.741.80(1.27)7.284.664.028.81
Tax(0.50)(0.06)(0.13)(0.13)0.08(1.13)1.97
Net profit6.241.391.474.894.585.156.84
Net profit margin+5.3%+1.4%+1.7%+3.4%+2.5%+2.6%+2.5%
EPS (₹)2.510.78(0.53)3.482.903.865.15
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital25.0624.0621.3121.3115.8013.3313.33
Reserves & surplus16213410810967.8547.9642.82
Shareholders' funds (net worth)18717313013193.5861.2956.15
Minority interest0.000.000.000.000.000.000.00
Secured loans12.326.836.261.953.304.894.23
Unsecured loans2.702.704.204.0140.0684.58106
Total debt15.029.5310.465.9643.3689.47110
Total liabilities202183141138138152167
Assets
Gross block86.4878.6873.4273.3872.6072.3469.75
Net block27.3820.8416.3017.1117.3618.1616.95
Capital work in progress0.020.000.000.000.000.000.00
Investments1.051.051.051.051.0519.2319.23
Inventories72.0769.3871.7467.5579.8769.3075.77
Sundry debtors21.3321.7212.8322.4022.4812.9423.17
Cash & bank balances20.529.835.715.044.4614.7027.85
Loans & advances10398.5075.8984.2182.8777.8574.33
Total current assets216199166179190175201
Total current liabilities58.7352.3157.2275.1781.6980.27102
Net working capital15814710910410894.5298.83
Total assets202183141138138152167
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash9.835.715.044.4414.633.872.29
Net cash from operating activities7.52(9.16)(3.20)9.46(7.12)26.42(13.04)
Net cash from investing activities(7.44)(26.90)0.01(0.85)17.92(1.94)(5.47)
Net cash from financing activities11.4940.193.85(8.01)(20.99)(23.87)20.09
Net change in cash11.574.120.670.60(10.19)0.611.58
Closing cash20.529.835.715.044.4614.7027.85
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+15.9%+13.4%-37.8%-20.6%-7.6%-29.1%-
EBITDA growth+111.7%+2421.4%-106.5%-69.5%-1.3%-35.9%-
PBT growth+218.9%+9998.0%-+56.2%+15.9%-54.4%+1158.6%
Net income growth+348.9%-5.4%-69.9%+6.8%-11.1%-24.7%-
Revenue CAGR (3Y)-6.5%-17.6%-23.0%-19.6%+11.2%-1.6%+51.6%
EBITDA CAGR (3Y)+47.4%-22.7%--42.2%--+121.7%
Profitability & leverage
Net income margin+5.3%+1.8%-1.3%+5.2%+2.5%+2.6%+2.5%
Return on capital employed-+1.5%0.0%+3.4%+4.2%+3.8%+6.0%
Return on net worth-+0.9%0.0%+3.8%+4.5%+5.9%+8.3%
Debt / equity-0.070.060.220.861.702.17
Long-term debt / equity-0.060.000.010.030.972.17
Interest cover19.9360.94-74.4945.9539.8053.2223.01
Efficiency & per share
Fixed asset turnover-1.331.221.972.502.764.15
Inventory turnover-1.441.281.952.432.704.16
Debtors turnover-5.865.076.4010.2210.8512.99
EPS (₹)2.510.78(0.53)3.482.903.865.15
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.0065.4560.7861.2952.8945.9142.05
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue29.5942.4627.3122.6724.9437.7926.1415.57
Revenue growth (YoY)+18.6%+12.4%+4.5%+45.6%+14.5%---
Other income0.060.390.040.750.060.780.230.04
Total expenses28.3339.2625.5721.5423.8237.0625.5715.01
EBITDA1.263.201.741.131.120.730.570.56
EBITDA margin+4.3%+7.5%+6.4%+5.0%+4.5%+1.9%+2.2%+3.6%
Depreciation0.300.360.320.290.290.570.400.18
Interest0.310.260.410.210.250.320.110.04
Profit before tax0.712.971.051.380.640.620.290.38
Tax0.15(0.30)(0.07)(0.08)(0.06)0.05(0.05)(0.03)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue11710189.35144162171233
Revenue growth+15.9%+13.4%-37.8%-11.3%-5.1%-26.8%-
Other income1.241.050.446.681.131.260.96
Total expenses11098.0389.49142155163222
Employee cost0.009.247.149.378.565.845.44
EBITDA7.183.25(0.14)2.156.977.1910.97
EBITDA margin+6.1%+3.2%-0.2%+1.5%+4.3%+4.2%+4.7%
Depreciation1.251.330.841.041.061.320.73
Interest1.121.170.730.512.383.132.36
Profit before tax6.051.80(1.27)7.284.664.008.84
Tax(0.50)(0.06)(0.13)(0.13)0.08(1.08)1.91
Net profit6.551.391.474.894.005.046.93
Net profit margin+5.6%+1.4%+1.7%+3.4%+2.5%+3.0%+3.0%
EPS (₹)2.640.78(0.53)3.482.903.825.19
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital25.0624.0621.3121.3115.8013.3313.33
Reserves & surplus16213410810967.8547.9642.87
Shareholders' funds (net worth)18717313013193.5861.2956.20
Secured loans12.326.836.261.953.304.894.23
Unsecured loans2.702.704.204.0140.0684.58106
Total debt15.029.5310.465.9643.3689.47110
Total liabilities203183141138138152168
Assets
Gross block84.7677.0471.7971.7470.9670.7068.12
Net block26.3919.9215.3916.1816.4417.2415.97
Capital work in progress0.000.000.000.000.000.000.00
Investments9.739.569.569.569.4327.0226.95
Inventories43.1042.8445.1941.0053.3242.7649.23
Sundry debtors21.3321.7212.8322.4015.7912.9417.41
Cash & bank balances20.399.833.625.044.4614.6527.77
Loans & advances10398.5075.8984.2181.3176.5167.90
Total current assets188173138153155147162
Total current liabilities37.8333.3638.2756.2254.3556.2661.45
Net working capital15014099.2696.4310190.60101
Total assets203183141138138152168
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash9.835.715.044.4414.633.832.28
Net cash from operating activities7.48(9.16)(3.20)9.46(7.12)26.41(13.55)
Net cash from investing activities(7.51)(26.90)0.01(0.85)17.92(1.94)(4.99)
Net cash from financing activities11.4940.193.85(8.01)(20.99)(23.87)20.09
Net change in cash11.464.120.670.60(10.19)0.601.55
Closing cash20.399.833.625.044.4614.6527.77
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+15.9%+13.4%-37.8%-11.3%-5.1%-26.8%-
EBITDA growth+120.9%+2421.4%-106.5%-69.2%-3.1%-34.5%-
PBT growth+236.1%+9998.0%-+56.2%+16.5%-54.8%+1127.8%
Net income growth+371.2%-5.4%-69.9%+22.3%-20.6%-27.3%-
Revenue CAGR (3Y)-6.5%-14.5%-19.4%-14.9%+19.2%+40.4%+57.0%
EBITDA CAGR (3Y)+49.5%-22.5%--41.9%--+141.4%
Profitability & leverage
Net income margin+5.6%+1.8%-1.3%+5.2%+2.8%+3.0%+3.0%
Return on capital employed-+1.5%0.0%+3.4%+3.8%+3.8%+6.0%
Return on net worth-+0.9%0.0%+3.8%+3.9%+5.8%+8.3%
Debt / equity-0.070.060.220.861.702.17
Long-term debt / equity-0.060.040.010.030.972.17
Interest cover18.8960.94-74.4945.9540.2753.3223.05
Efficiency & per share
Fixed asset turnover-1.361.252.022.292.463.57
Inventory turnover-2.302.073.053.373.715.83
Debtors turnover-5.865.077.5211.2711.2512.67
EPS (₹)2.640.78(0.53)3.482.903.825.19
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.0065.4560.7861.2952.8945.9142.09
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Peer Comparison of Tarmat Limited

Tarmat Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Tarmat Limited this company₹117.37 Cr (FY 2026)••••••••15.9%••••Mumbai, Maharashtra, India
Dynasoure Concrete Treatment Private Limited₹102.63 Cr (FY 2025)••••••••58.0%••••Mumbai, Maharashtra, India
Balabharti Infrastructure Private Limited₹102.6 Cr (FY 2025)••••••••78.0%••••Jaipur, Rajasthan, India
Mor Mukat Marketing Private Limited₹102.57 Cr (FY 2025)••••••••66.0%••••Patna, Bihar, India
JRD Interiors India Private Limited₹102.45 Cr (FY 2024)••••••••67.0%••••Hyderabad, Telangana, India
Birampur Construction Private Limited₹102.38 Cr (FY 2025)••••••••16.0%••••Patna, Bihar, India
Singade Constructions & Infrastructure Private Limited₹102.3 Cr (FY 2025)••••••••-11.0%••••Gulbarga, Karnataka, India
Vedansh Infra Services Private Limited₹102.15 Cr (FY 2025)••••••••55.0%••••Chittorgarh, Rajasthan, India
A3m Contracts India Private Limited₹102.08 Cr (FY 2025)••••••••34.0%••••New Delhi, Delhi, India
Sudesh Kumar Singh and Co Construction Private Limited₹101.93 Cr (FY 2025)••••••••49.0%••••Bihar, India
Ray Infraprojects Private Limited₹101.88 Cr (FY 2024)••••••••32.0%••••Bhubaneswar, Odisha, India

Peers are the five companies nearest above and the five nearest below Tarmat by revenue in the Infrastructure industry (Construction Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Tarmat Limited

Tarmat Limited is audited by HEGDE & ASSOCIATES for the financial year 2024.

NameStatusAppointment DateCessation Date
HEGDE & ASSOCIATESLockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

  • Appointment status
  • Appointment dates
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Verified entity values are shown only after access is granted.

Board of Directors of Tarmat Limited

Tarmat has 6 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Amit Atmaram ShahWhole-Time Director30 May 20197 Years 4 MonthsCurrent
Krishan Kumar KinraDirector17 Oct 20196 Years 11 MonthsCurrent
Jerry Eapen VargheseDirector04 Aug 20233 Years 2 MonthsCurrent
Kishanrao Marutirao GodboleDirector05 Sep 20242 Years 1 MonthsCurrent
Dilip Jerry VargheseManaging Director04 Aug 20233 Years 2 MonthsCurrent
Priyanka Bhushan SahaniDirector07 May 20251 Years 5 MonthsCurrent

Shareholding Pattern of Tarmat Limited

Shareholding for the quarter ended Sep 2026: promoters hold 29.00%, foreign institutional investors hold 1.80%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 69.20%.

Promoters: 29.00%FII (Foreign Institutional): 1.80%Retail & Others: 69.20%
Sep 2026
QUARTER
29.00% Promoters
1.80% FII (Foreign Institutional)
69.20% Retail & Others
Promoter holding - history
Now 29.00% · Sep 2026High 30.10% · Mar 2026Low 29.00% · Jun 2026
28%29%30%31%32%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 29.80%Mar 2026: 30.10%Jun 2026: 29.00%Sep 2026: 29.00%30.10%29.00%29.00%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters29.00%29.00%30.10%29.80%
Public71.00%71.00%69.90%70.20%

Charges & Borrowings of Tarmat Limited

Open charges
₹46.65 Cr
Satisfied charges
₹80.25 Cr
Breakdown by lending institutions
Others₹46.65 Cr
Latest charge details
DateLenderAmountStatus
20 Jun 2026Others₹45.45 LakhOpen
27 May 2026Others₹32.46 LakhOpen
28 Feb 2026Others₹1.25 CrOpen
29 Jan 2026Others₹1.05 CrOpen
13 Oct 2025Others₹45 LakhOpen

Total charge records: 54 View all charges

Deals & Funding of Tarmat Limited

Tarmat Limited has 83 deals on record (81 market trades, 1 ipo, 1 funding round), with disclosed funding of ₹51.89 Cr; the latest was in February 2026.

Total deals
83
Market trades
81
IPO
1
Funding round
1
Disclosed funding
₹51.89 Cr

Deals on record (5 of 83)

WhenDealAmountParties
Oct 2025Market trade₹4.05 CrBuyer: Arton Global
Seller: Veekay Apartments Pvt Ltd
May 2024Market trade₹3.07 CrBuyer: Setu Securities Private Limited
Seller: Jainam Broking Limited , an individual
Apr 2024Market trade₹1.59 CrBuyer: Minerva Ventures Fund
Seller: Riserose Business Private Limited
Apr 2024Market trade₹1.21 CrSeller: L7 Hitech Private Limited
Apr 2024Market trade₹2.37 CrBuyer: Aegis Investment Fund
Seller: Motisons Shares Limited
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Full deal history

All 83 deals with amounts, valuations, instruments and every party are in the company report.

  • Every funding round and share transfer
  • Amounts and valuations
  • Investors, buyers and sellers
  • Instruments and deal dates

Verified entity values are shown only after access is granted.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays by Tarmat Limited

Tarmat Limited has 7 MSME Form 1 returns on record between 2021 and 2024, listing 41 overdue payments to 14 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 14)

SupplierAmount dueDue sinceReported on
Suryakiran Lite Industries Private Limited••••••••••••
Greenity Logistics Private Limited••••••••••••
A A Dubey & Associates••••••••••••
an individual supplier••••••••••••
an individual supplier••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 7 MSME Form 1 returns is in the company report.

  • Every reported supplier due
  • Amounts and due dates
  • Reasons given in each return
  • Period-by-period history

Verified entity values are shown only after access is granted.

Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Associated Brands with Tarmat Limited

Tarmat operates one associated brand: Tarmat. Each brand links to its own profile.

BrandDescriptionWebsite
Infrastructure construction for airports, highways, and railways is provided.tarmat.in

Employees and EPFO Compliance at Tarmat Limited

Tarmat Limited has a workforce of 0 employees as of Mar 31, 2025.

Active EPFO establishments
1
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

  • Monthly headcount
  • PF contributions
  • ECR filing status
  • Establishment history

Verified entity values are shown only after access is granted.

Name History of Tarmat Limited

Tarmat has undergone 4 name changes throughout its history. The current legal name is Tarmat Limited.

Company NameStatus
Tarmat LimitedCurrent
Tarmat Infrastructural & Engineering Private LimitedPrevious
Roman Tarmat Private LimitedPrevious
Roman Tarmat LimitedPrevious
Jerry Varghese Constructions Private LimitedPrevious

CIN History of Tarmat Limited

Tarmat has one previous CIN (Corporate Identification Number): U45203MH1986PLC038535. The current CIN is L45203MH1986PLC038535, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L45203MH1986PLC038535Current
U45203MH1986PLC038535Previous

News related to Tarmat Limited

Recent Activity on Tarmat Limited

Tarmat Limited has 29 board changes on record since 1986: 18 appointments and 11 cessations. The latest: Priyanka Bhushan Sahani was appointed as Director on 07 May 2025.

Charges
A charge with Others amounted to Rs. 0.45 Cr with Charge ID 101318549 was registered on 20 Jun 2026.
Charges
A charge with Others amounted to Rs. 0.32 Cr with Charge ID 101304893 was registered on 27 May 2026.
Charges
A charge with Others amounted to Rs. 1.25 Cr with Charge ID 101253822 was registered on 28 Feb 2026.
Charges
A charge with Others amounted to Rs. 1.05 Cr with Charge ID 101234202 was registered on 29 Jan 2026.
Charges
A charge with Others of Rs. 30.00 Cr registered on 22 May 2023 with Charge ID 100727518 was modified on 20 Nov 2025.
Charges
A charge with Others amounted to Rs. 0.45 Cr with Charge ID 101173549 was registered on 13 Oct 2025.
AGM
Tarmat Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.70 Cr with Charge ID 101177218 was registered on 27 Sep 2025.
Appointed
Priyanka Bhushan Sahani was appointed as Director.
Filing
Tarmat Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 0.11 Cr with Charge ID 101079204 was registered on 26 Feb 2025.
Charges
A charge with Others amounted to Rs. 0.11 Cr with Charge ID 101079221 was registered on 26 Feb 2025.

118 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Tarmat Limited

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Credit ratings, litigation, and regulatory alerts

Credit ratings, court records and regulatory alerts are in the company report.

  • Rating history
  • Court and tribunal cases
  • Regulatory alerts
  • Director-linked violations

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Subsidiaries & Group Companies of Tarmat Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

  • Parent company
  • Subsidiaries and ownership
  • Associates and joint ventures
  • Entity investments

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GST Compliance of Tarmat Limited

Tarmat has 13 GST registrations: 7 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
13
Active
7
Cancelled / inactive
6
GSTINStateStatusRegistered on
27AAACT1561G1ZJMaharashtraActive01 Jul 2017
32AAACT1561G2ZRKeralaActive01 Jul 2017
01AAACT1561G1ZXJammu and KashmirActive08 Jul 2017
15AAACT1561G1ZOMizoramActive25 Oct 2018
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

  • GSTIN registrations
  • State-wise filing status
  • HSN and SAC details
  • Tax jurisdiction records

Verified entity values are shown only after access is granted.

MCA Filings & Documents of Tarmat Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

  • Incorporation documents
  • Annual returns and statements
  • Charge filings
  • Complete filing index

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Tarmat Limited

Tarmat is an active public limited company based in Mumbai, Maharashtra, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 03 January 1986 (40+ years old) and is registered under CIN L45203MH1986PLC038535. Listed on BSE: 532869 and NSE: TARMAT.

Tarmat reported revenue of ₹117.37 Cr for FY 2025-26 (up 15.9% YoY) based on consolidated financials.

Tarmat has 6 current directors:

The GSTIN of Tarmat is 27AAACT1561G1ZJ, registered in Maharashtra. The company has 13 GST registrations in all, of which 7 are active and 6 are cancelled or inactive. Other active GSTINs include 32AAACT1561G2ZR (Kerala), 01AAACT1561G1ZX (Jammu and Kashmir), 15AAACT1561G1ZO (Mizoram).

The CIN (Corporate Identification Number) of Tarmat is L45203MH1986PLC038535. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Tarmat is listed on both BSE (code: 532869) and NSE (symbol: TARMAT).

Tarmat has 251 court cases on record: 155 filed by the company and 75 filed against it. 34 are pending. Most are in the high courts.

Tarmat was incorporated on 03 January 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.

Tarmat has 83 deals on record (81 market trades, 1 ipo, 1 funding round), with disclosed funding of ₹51.89 Cr; the latest was in February 2026.

The peers of Tarmat by revenue are Dynasoure Concrete Treatment Private Limited, Balabharti Infrastructure Private Limited, Mor Mukat Marketing Private Limited, JRD Interiors India Private Limited, Birampur Construction Private Limited and 5 more, all in the Infrastructure industry (Construction Services).

Priyanka Bhushan Sahani was appointed as Director on 07 May 2025. Regina Manish Sinha ceased to be Director on 10 Feb 2025. Ramesh Chander Gupta ceased to be Director on 30 Sep 2024. Tarmat has 29 board changes on record in total.

Tarmat has 7 MSME Form 1 returns on record between 2021 and 2024, listing 41 overdue payments to 14 micro and small suppliers. The latest return was filed on 14 May 2024.

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