TARC Limited (TARC) AI Stock Analysis

• Market Cap: ₹37.48B
• Dividend Yield: N/A
• Average Volume (3M): 32.60K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.45
• Revenue Growth: 863.34%
• EPS Growth: 48.32%
• Country: IN
• Employees: 187
• Sector: Services
• Sector Strength: N/A
• Industry: Real Estate - Development
• EPS (TTM): -0.71
• Shares Outstanding: 295,096,340
• 10 Day Avg. Volume: 33,562
• 30 Day Avg. Volume: 32,601
• PEG Ratio: -0.08
• Price to Book (P/B): 3.66
• Price to Sales (P/S): 113.18
• P/FCF Ratio: 668.69
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 2
• Revenue Forecast (FY): ₹12.00B

• Rating: 46 Neutral
• Price Target: ₹124.00 ▼(-31.98% Downside)
• Action: Reiterated Date: 12/02/25
• Date: Action: Reiterated 12/02/25

The overall stock score of 46 reflects significant financial challenges, including high leverage and inconsistent profitability, which are the most impactful factors. Technical analysis suggests a bearish trend, while valuation concerns are heightened by the negative P/E ratio and lack of dividend yield. These factors collectively contribute to a cautious outlook for TARC Limited.

Positive Factors

Concentrated Delhi–NCR market focus

A concentrated focus on the Delhi–NCR market provides durable advantages: stronger local land sourcing, regulatory familiarity, and reputation with customers and contractors. This localized footprint supports repeat project execution and reduces complexity versus geographically dispersed developers.

Negative Factors

High leverage / debt burden

Material leverage increases interest and refinancing risk and constrains balance-sheet flexibility. For a project-driven developer, high debt limits capacity to bid for new land, fund construction through cycles, and raises the chance of covenant stress if cash flows remain volatile over the next several months.

TARC Limited Business Overview & Revenue Model

Company Description

TARC Limited engages in the real estate development business in India. The company undertakes residential, hotels, branded and service apartments, warehouses, hospitality, and retail projects. It also owns and leases real estate properties; and en...

Read more

TARC Limited engages in the real estate development business in India. The company undertakes residential, hotels, branded and service apartments, warehouses, hospitality, and retail projects. It also owns and leases real estate properties; and en...

How the Company Makes Money

TARC primarily makes money by developing and selling real estate units within its projects. The main revenue stream is consideration received from customers for the sale of residential apartments and other developed units (including associated cha...

Read more

TARC primarily makes money by developing and selling real estate units within its projects. The main revenue stream is consideration received from customers for the sale of residential apartments and other developed units (including associated cha...

TARC Limited Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	1.04B	336.89M	1.12B	1.85B	954.53M	1.91B
Gross Profit	617.27M	-96.70M	706.59M	814.23M	-1.85B	260.46M
EBITDA	-1.33M	-1.28B	561.16M	1.65B	-1.46B	20.35M
Net Income	-947.17M	-2.31B	-770.46M	203.40M	-2.33B	61.77M
Balance Sheet
Total Assets	45.48B	42.16B	34.66B	31.66B	29.79B	34.12B
Cash, Cash Equivalents and Short-Term Investments	1.88B	2.05B	588.42M	1.06B	193.49M	118.84M
Total Debt	19.62B	19.54B	13.93B	13.86B	11.79B	13.21B
Total Liabilities	34.67B	31.72B	21.91B	18.14B	16.47B	18.48B
Stockholders Equity	10.81B	10.43B	12.75B	13.52B	13.32B	15.64B
Cash Flow
Free Cash Flow	2.45B	57.02M	1.17B	-876.05M	-811.72M	1.26B
Operating Cash Flow	2.65B	429.55M	1.58B	-810.12M	-811.72M	1.44B
Investing Cash Flow	-393.69M	-678.05M	-390.62M	745.16M	3.67B	229.73M
Financing Cash Flow	-1.62B	142.64M	-1.66B	958.92M	-2.79B	-1.61B

TARC Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 182.30
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TARC, the sentiment is Neutral. The current price of 182.3 is above the 20-day moving average (MA) of 121.51, above the 50-day MA of 138.74, and above the 200-day MA of 157.39, indicating a neutral trend. The MACD of -4.07 indicates Negative momentum. The RSI at 49.31 is Neutral, neither overbought nor oversold. The STOCH value of 71.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:TARC.

TARC Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ASHOKA	74 Outperform	₹38.12B	0.56	―	―	-17.28%	43.34%
JKIL	67 Neutral	₹36.93B	13.34	―	0.67%	13.96%	12.91%
AHLUCONT	62 Neutral	₹54.79B	30.38	―	0.06%	5.56%	-22.59%
RAMKY	61 Neutral	₹35.35B	12.27	―	―	-15.09%	-15.98%
CAPACITE	58 Neutral	₹21.19B	10.65	―	―	15.23%	8.61%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
TARC	46 Neutral	₹37.48B	-59.93	―	―	863.34%	48.32%

TARC Limited Corporate Events