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Tarmat Limited

NSE: TARMAT · Unclassified

₹56.93+0.99%06 Nov 2026

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Instant answers about Tarmat Limited — computed from its filings, no language model
Market cap₹143 cr
Current price₹56.93
High / Low₹71 / ₹47
P/E—
P/B0.76
Book value₹74.5
ROE0.0%
ROCE4.1%
Debt / equity0.08
Dividend yield—
EPS (TTM)₹0.00
Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin
FY21FY22FY23FY24FY25FY26
Revenue195.8181.0143.789.3101.3117.4
EBITDA7.16.72.02.42.86.9
Operating margin3.6%3.7%1.4%2.7%2.7%5.9%
Interest3.12.00.40.70.71.1
Depreciation1.41.11.00.81.31.3
Profit before tax4.04.77.3-1.31.85.7
Tax2.10.1-0.1-0.1-0.1-0.5
Net profit1.90.07.40.00.00.0
EPS ₹3.862.903.57-0.510.632.51
Operating cash flow—2.19.5-3.2-9.27.5
Capex—0.30.80.16.00.0
Dividend paid—0.00.00.00.00.0
Total assets——213.0198.0235.9261.0
Equity——130.7129.6173.3186.7

Quarterly performance

last 24 quarters · ₹ crore
showing latest 8 of 24 periods
DEC '19DEC '20MAR '21JUN '21SEP '21DEC '21MAR '22JUN '22SEP '22DEC '22MAR '23JUN '23SEP '23DEC '23MAR '24JUN '24SEP '24DEC '24MAR '25JUN '25SEP '25DEC '25MAR '26JUN '26
Revenue55.643.786.852.634.533.760.240.628.932.242.021.324.722.720.721.815.626.137.824.922.727.342.535.8
Operating profit1.71.43.42.11.81.51.32.01.1-1.20.21.20.70.40.20.90.60.60.71.11.11.82.92.5
Operating margin3.0%3.3%3.9%4.0%5.2%4.5%2.1%4.8%3.6%-3.7%0.5%5.5%2.7%1.7%1.0%4.3%3.6%2.2%1.9%4.5%5.0%6.4%6.8%6.9%
Other income0.00.50.30.10.00.10.80.00.23.70.20.00.00.00.40.00.00.20.80.10.80.00.40.1
Interest0.20.32.40.60.60.50.40.10.20.00.10.20.20.10.20.20.00.10.30.20.20.40.30.3
Depreciation0.20.20.50.30.30.20.30.20.20.30.30.20.20.20.20.20.20.40.60.30.30.30.40.3
Profit before tax1.31.40.81.41.00.91.41.70.94.70.00.80.20.1-2.40.50.40.30.60.61.41.12.71.9
Tax0.20.1-1.3-0.00.00.10.00.00.00.0-0.2-0.0-0.0-0.0-0.0-0.0-0.0-0.10.1-0.1-0.1-0.1-0.30.4
Net profit1.11.32.11.40.90.90.00.00.00.00.30.00.00.00.00.00.00.00.00.00.00.00.00.0
EPS ₹0.781.941.551.050.690.650.880.840.402.180.130.370.130.05-1.060.270.190.160.190.300.610.461.180.62
Revenue YoY—-21.4%———-22.9%-30.7%-22.9%-16.2%-4.5%-30.3%-47.6%-14.6%-29.4%-50.7%2.4%-37.0%15.2%82.7%14.5%45.6%4.5%12.4%43.6%
Profit YoY—22.9%———-33.3%-100.0%-100.0%-100.0%-100.0%————-100.0%—————————

Earlier results (standalone, Sep '07 – Sep '19)

₹ crore · from BSE, before the NSE XBRL filings begin

Tarmat Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 10 periods
FY10†FY11†FY12†FY13†FY14†FY15†FY16†FY17†FY18†FY19†
Revenue118.979.4199.1156.0118.570.654.761.261.795.6
Operating profit10.812.619.04.0-2.9-2.10.81.0-16.6-19.1
Operating margin9.1%15.9%9.6%2.6%-2.4%-3.0%1.5%1.7%-26.9%-20.0%
Other income3.2———————19.121.9
Interest5.57.29.68.415.615.54.60.01.41.4
Depreciation4.85.25.05.04.43.82.31.41.00.7
Profit before tax3.70.2-0.7-19.8-22.9-21.4-5.70.20.10.7
Tax1.40.03.26.0-0.6-0.4-6.50.2-1.10.1
Net profit2.30.2-3.8-25.9-22.3-20.90.80.01.20.6

Quarters

showing latest 8 of 48 periods
SEP '07†DEC '07†MAR '08†JUN '08†SEP '08†DEC '08†JUN '09†SEP '09†DEC '09†MAR '10†JUN '10†SEP '10†DEC '10†MAR '11†JUN '11†SEP '11†DEC '11†MAR '12†JUN '12†SEP '12†DEC '12†MAR '13†JUN '13†SEP '13†DEC '13†MAR '14†JUN '14†SEP '14†DEC '14†MAR '15†JUN '15†SEP '15†DEC '15†MAR '16†JUN '16†SEP '16†DEC '16†MAR '17†JUN '17†SEP '17†DEC '17†MAR '18†JUN '18†SEP '18†DEC '18†MAR '19†JUN '19†SEP '19†
Revenue17.926.455.634.918.732.935.831.024.827.320.312.313.832.950.724.355.268.833.133.526.962.418.031.331.138.117.717.57.827.55.411.28.130.05.517.99.328.512.313.923.212.322.427.423.622.317.124.6
Operating profit-1.03.00.01.61.63.63.92.73.01.23.12.93.63.06.75.15.02.33.63.7-1.8-1.51.42.2-2.1-4.30.8-1.5-0.8-0.6-0.91.0-1.11.8-0.50.30.30.9-1.00.6-0.2-16.00.0-20.3-0.31.50.10.5
Operating margin-5.8%11.5%0.0%4.5%8.6%10.8%10.8%8.8%12.0%4.4%15.4%23.8%26.2%9.0%13.3%20.8%9.0%3.3%11.0%11.0%-6.7%-2.4%7.7%7.0%-6.9%-11.2%4.2%-8.6%-9.6%-2.1%-16.9%8.8%-13.1%6.0%-9.2%1.6%3.1%3.3%-8.4%4.1%-0.8%-129.8%0.1%-74.2%-1.3%6.6%0.9%2.2%
Other income1.90.82.92.51.00.31.60.70.20.8——————————————————————0.4——0.20.10.30.70.10.617.70.420.80.50.10.20.0
Interest0.30.60.10.70.40.51.60.91.61.41.61.82.11.72.53.12.12.02.12.12.31.92.16.40.36.83.33.84.24.24.30.10.10.00.00.00.00.00.00.00.01.30.10.30.01.00.00.0
Depreciation0.50.51.60.91.01.11.21.21.31.11.31.31.31.31.31.31.11.21.21.41.31.01.21.11.11.00.90.90.91.10.80.80.60.20.60.10.40.30.20.20.20.20.20.20.20.20.10.1
Profit before tax0.12.81.22.51.22.42.61.20.3-0.40.3-0.10.2-0.10.3-0.10.1-1.00.3-10.3-5.4-4.5-1.9-5.4-3.5-12.0-3.5-6.2-5.8-5.9-6.10.1-1.41.6-1.10.40.00.9-0.60.40.10.20.10.10.10.50.20.4
Tax0.00.90.40.90.30.31.0-0.00.20.10.10.00.0-0.1-0.00.10.13.00.1-0.4-0.36.7-0.2-0.2-0.1-0.0-0.1-0.0-0.1-0.2-0.3-0.3-5.4-0.60.50.20.0-0.6-1.20.00.00.00.1-0.10.00.00.10.0
Net profit0.11.90.81.60.92.01.61.20.1-0.60.2-0.10.20.00.3-0.20.0-4.00.2-9.8-5.1-11.1-1.8-5.2-3.4-12.0-3.4-6.1-5.7-5.7-5.80.34.02.2-1.60.10.01.50.60.40.10.20.00.10.00.40.10.4
EPS ₹0.071.750.691.410.821.851.431.100.07—0.14—0.18—0.28-0.150.01-3.630.20-8.97-4.69-10.13-1.60-4.75-3.08-10.92-3.08-5.60-5.21-5.22-5.250.313.752.02-1.460.010.000.140.060.350.070.160.010.100.010.400.100.38
Revenue YoY————4.3%24.8%2.3%65.8%-24.6%—-43.1%-60.3%-44.3%20.8%149.4%97.1%298.8%109.1%-34.6%37.9%-51.2%-9.4%-45.7%-6.6%15.4%-39.0%-1.6%-44.0%-74.7%-27.7%-69.7%-36.0%3.4%8.9%1.5%60.0%14.2%-5.0%125.8%-22.8%150.2%-56.8%81.3%97.3%1.9%81.1%-23.7%-9.9%
Profit YoY————1025.0%5.7%0.6%34.4%-96.1%—-88.5%-111.6%150.0%—66.7%—-95.0%-39900.0%-26.7%—-51500.0%—-895.5%————————————-61.8%-99.8%-32.4%—200.0%700.0%-88.7%-96.7%-71.8%-87.5%158.8%450.0%281.8%

Returns & margins

trailing-twelve-month, per quarter
showing latest 8 of 20 periods
SEP '21DEC '21MAR '22JUN '22SEP '22DEC '22MAR '23JUN '23SEP '23DEC '23MAR '24JUN '24SEP '24DEC '24MAR '25JUN '25SEP '25DEC '25MAR '26JUN '26
ROE————0.7%0.0%0.2%0.2%0.2%0.2%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
ROCE————4.5%7.0%5.6%5.0%4.5%1.2%-0.4%-0.6%-0.5%-0.4%1.4%1.4%2.1%2.6%3.4%4.1%
Net margin2.6%2.5%1.8%1.1%0.5%0.0%0.2%0.2%0.2%0.2%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
EBITDA margin4.0%4.2%3.7%3.9%3.5%1.9%1.4%1.0%0.7%2.2%2.7%2.4%2.6%2.7%2.8%2.8%3.2%4.2%5.9%6.4%
Debt / equity————0.060.060.050.050.050.050.080.080.020.020.060.060.060.060.080.08
Interest coverage2.131.983.334.305.5014.3420.1813.7211.812.98-0.94-1.19-1.71-1.193.593.684.304.126.096.89
Asset turnover————0.780.770.670.580.530.490.450.450.340.360.430.440.470.480.450.49

Balance sheet

equity vs borrowings over time · ₹ crore
showing latest 6 of 8 periods
SEP '22MAR '23SEP '23MAR '24SEP '24MAR '25SEP '25MAR '26
Share capital21.321.321.321.323.824.124.125.1
Other equity / reserves104.5109.4110.5108.3146.8149.2151.4161.6
Total equity125.9130.7131.8129.6170.7173.3175.5186.7
Borrowings7.16.06.810.33.09.511.315.0
Current liabilities81.880.493.167.563.160.451.963.2
Non-current liabilities1.31.91.20.90.72.28.111.1
Total assets208.9213.0226.1198.0234.5235.9235.4261.0
Property, plant & equipment16.816.916.516.215.820.721.427.2
Capital work-in-progress0.00.00.00.00.00.00.00.0
Investments1.11.11.11.11.10.01.11.1
Inventories76.767.574.371.776.569.480.772.1
Receivables8.422.410.112.88.721.78.121.5
Cash & equivalents3.55.03.85.77.09.812.821.4

Cash flow

annual · ₹ crore · line = free cash flow
FY22FY23FY24FY25FY26
Cash from operations2.19.5-3.2-9.27.5
Cash from investing18.1-0.80.0-26.9-7.4
Cash from financing-21.0-8.03.940.211.5
Capex0.30.80.16.00.0
Free cash flow1.88.7-3.2-15.17.5
Dividends paid0.00.00.00.00.0

Where the assets sit

Mar '26 · ₹ crore
Fixed assets (PPE)
₹27.2 cr10%
CWIP
₹0.0 cr0%
Investments
₹1.1 cr0%
Inventories
₹72.1 cr28%
Receivables
₹21.5 cr8%
Cash & equivalents
₹21.4 cr8%
Other assets
₹117.7 cr45%

Peer comparison

largest in Unclassified · this company in bold
CompanyMarket cap ₹crPriceP/EP/BROE
Avantel Limited36,86,04,549138.69—1059360.680.0%
Ducol Organics And Colours Limited19,55,275120.00—20089.130.0%
Jio Platforms Limited12,57,1811,406.40—3.57—
SBI Funds Management Limited1,01,750499.55———
Tamilnadu Telecommunication Limited91,3149.93———
Manipal Health Enterprises Limited76,294646.70———
INDO-MIM Limited59,0421,219.50———
AvenuesAI Limited45,138129.25153.69.516.2%
Dhoot Transmission Limited32,7611,601.60—8.11—
3M India Limited31,07127,570.0053.817.5732.7%
Tarmat Limited14356.93—0.760.0%

StoxGud checklist: Bullish setup · 7/10

  • Price above 50-day average
  • Price above 200-day average
  • 50-day average above 200-day (uptrend)
  • RSI in healthy 40–70 zone
  • Positive 1-year return
  • Return on equity above 15%
  • Debt to equity below 1
  • Revenue growing year on year
  • Net profit margin above 10%
  • P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+0.3%
6 months+7.1%
1 year+10.0%
3Y CAGR-12.2%
5Y CAGR-2.3%
10Y CAGR+2.5%
50-day avg₹56.73
200-day avg₹53.84
RSI (14)58

FAQs

What is the share price of Tarmat Limited?

Tarmat Limited (TARMAT) closed at ₹56.93 on NSE on 06 Nov 2026.

What is the market cap of Tarmat Limited?

₹143 crore at the latest close.

How fast is Tarmat Limited growing?

Tarmat Limited: revenue has compounded at -6.5% a year over three years. Latest-quarter revenue is up 43.6% year on year.

How profitable is Tarmat Limited?

On a trailing-twelve-month basis return on equity is 0.0%, return on capital employed 4.1%, operating margin 6.4%, net margin 0.0%.

How much debt does Tarmat Limited have?

Tarmat Limited is lightly geared: debt to equity is 0.08 with borrowings of ₹15 cr against cash of ₹21 cr (balance sheet of 2026-03-31). Operating profit covers interest 6.9 times.

Financials parsed from Tarmat Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from DEC '19, annual from FY21, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.