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TARC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+2.3%1-day move

₹128.40

prior close

₹133.90

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.4+1.4+0.1+0.4+2.3+1.8+2.4+0.2-2.7-2.7+0.1-1.9——

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AI summary

TARC Limited reported FY2026 total income of ₹671.78 crore, a dramatic jump from ₹38.89 crore in FY2025, driven by commencement of revenue recognition at TARC Tripundra. EBITDA turned positive at ₹77.51 crore (vs negative ₹127.77 crore in FY2025), and PAT came in at ₹19.03 crore versus a net loss of ₹231.29 crore in the prior year. The company achieved record business cashflows of ₹1,132 crore and pre-sales of ₹1,373 crore across its three projects—Tripundra (₹1,000 crore GDV), Kailasa (₹4,400 crore GDV), and Ishva (₹3,600 crore GDV). With ~₹9,000 crore GDV under execution and similar pipeline being finalized, TARC projects cashflows of ₹1,600-1,800 crore in FY27, rising to ₹2,800-3,000 crore by FY30, with total ~₹10,000 crore cashflows over 5 years. The company targets net debt zero through phased debt repayment of ~₹900 crore annually.

Likely market impact

TARC has transitioned from heavy losses to profitability with strong cash generation, signaling execution capability. The 45% embedded gross margin at Tripundra validates its luxury positioning strategy, while multi-year cashflow guidance and net debt zero target provide clear financial visibility for shareholders.