Tarmat Ltd (TARMAT) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{
  "main_header": {
    "sid": 121253,
    "name": "Tarmat",
    "stock_name": "Tarmat",
    "full_name": "Tarmat Ltd",
    "name_url": "stocks-analysis/tarmat",
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    "country_id": 34,
    "currency": "INR",
    "cmp": "55.45",
    "chg": 2.12,
    "chgp": "3.98%",
    "dir": 1,
    "prev_price": "53.33",
    "mcapval": "133.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 532869,
    "symbol": "TARMAT",
    "ind_name": "Construction",
    "ind_code": 19,
    "indexname": "",
    "isin": "INE924H01018",
    "curr_date": "Feb 03",
    "curr_time": "",
    "bse_nse_vol": "31.52 k",
    "exc_status": "Active",
    "traded_date": "Feb 03, 2026",
    "traded_date_str": "2026 02 03",
    "score": "",
    "scoreText": "",
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  "news": {
    "results": [
      {
        "title": "Is Tarmat overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-tarmat-overvalued-or-undervalued-3713542",
        "imagepath": "",
        "date": "2025-11-19 08:07:48",
        "description": "As of 18 November 2025, Tarmat's valuation grade has moved from fair to attractive, indicating a more favorable outlook. The company is currently assessed as undervalued, particularly when considering its PE ratio of 41.77, a Price to Book Value of 0.80, and an EV to EBITDA of 35.81. These ratios suggest that while the stock is trading at a premium in terms of earnings, it remains attractive relative to its book value and operational cash flows.\n\nWhen compared to peers, Tarmat's valuation metrics stand out. For instance, Larsen & Toubro, also rated attractive, has a lower PE ratio of 34.3 and an EV to EBITDA of 18.1, highlighting that Tarmat may offer better growth potential at a lower relative cost. In contrast, CG Power & Ind is deemed very expensive with a PE of 108.1, further emphasizing Tarmat's relative value. Additionally, Tarmat's recent stock performance has lagged behind the Sensex, with a year-to..."
      },
      {
        "title": "Tarmat Reports Strong Growth Metrics Amid Challenges in Operating Cash Flow",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/tarmats-financial-trend-improves-from-positive-to-very-positive-with-4560-sales-growth-3711789",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/Tarmat_fintrenddot_3711789.png",
        "date": "2025-11-18 12:00:08",
        "description": "Tarmat, a microcap construction firm, reported strong financial results for the quarter ending September 2025, with significant growth in net sales and cash reserves. Despite challenges in operating cash flow, the company achieved its highest PBDIT and profit after tax, indicating effective management and potential for future recovery."
      },
      {
        "title": "Tarmat Ltd Q2 FY26: Strong Profit Growth Masks Underlying Operational Challenges",
        "link": "https://www.marketsmojo.com/news/result-analysis/tarmat-ltd-q2-fy26-strong-profit-growth-masks-underlying-operational-challenges-3711687",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/Tarmat_quaterlyResult_3711687.png",
        "date": "2025-11-18 09:47:12",
        "description": "Tarmat Ltd., a Mumbai-based micro-cap construction company, reported a dramatic 111.59% quarter-on-quarter surge in net profit to ₹1.46 crores for Q2 FY26, driven largely by exceptional other income of ₹0.75 crores. However, the company's core operating performance reveals a more concerning picture, with revenue declining 9.10% sequentially to ₹22.67 crores despite posting a respectable 45.60% year-on-year growth. The stock, currently trading at ₹52.00 with a market capitalisation of ₹130.33 crores, has declined 1.42% following the results announcement, continuing a troubling downward trajectory that has seen it lose 31.24% over the past year."
      },
      {
        "title": "Is Tarmat overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-tarmat-overvalued-or-undervalued-3709706",
        "imagepath": "",
        "date": "2025-11-18 08:19:26",
        "description": "As of 17 November 2025, Tarmat's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued, with a PE ratio of 43.21, an EV to EBITDA of 37.05, and a PEG ratio of 0.47, suggesting that its growth prospects are relatively attractive compared to its current price. \n\nIn comparison to peers, Tarmat's PE ratio is higher than that of Larsen & Toubro, which stands at 34.55, but significantly lower than CG Power & Ind, which is currently very expensive at a PE of 110.51. This positions Tarmat in a competitive light within the construction industry, especially considering its lower PEG ratio compared to peers like Siemens, which has a PEG of 1.63. Notably, Tarmat's recent stock performance has underperformed the Sensex over the past year, with a decline of 31.67% compared to the Sensex's gain of 9.50%, which may reinforce t..."
      },
      {
        "title": "How has been the historical performance of Tarmat?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-tarmat-3708489",
        "imagepath": "",
        "date": "2025-11-17 22:51:46",
        "description": "Answer:\nThe historical performance of Tarmat shows significant fluctuations in key financial metrics over the years.\n\nBreakdown:\nTarmat's net sales have seen a decline from 276.35 Cr in Mar'20 to 101.28 Cr in Mar'25, with a notable drop in Mar'23 at 143.66 Cr and Mar'22 at 181.01 Cr. Total operating income followed a similar trend, decreasing from 276.35 Cr in Mar'20 to 101.28 Cr in Mar'25. The raw material cost increased from 39.08 Cr in Mar'25 compared to 31.40 Cr in Mar'24, while employee costs rose to 9.24 Cr in Mar'25 from 7.14 Cr in Mar'24. Operating profit (PBDIT) showed a slight recovery to 3.83 Cr in Mar'25 from 2.85 Cr in Mar'24, although it was significantly lower than the 12.02 Cr recorded in Mar'20. Profit before tax turned positive at 1.81 Cr in Mar'25 after a loss of 1.26 Cr in Mar'24, and profit after tax also improved to 1.87 Cr from a loss of 1.13 Cr. The company's total assets increased t..."
      },
      {
        "title": "How has been the historical performance of Tarmat?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-tarmat-3702787",
        "imagepath": "",
        "date": "2025-11-14 23:33:18",
        "description": "Answer:\nThe historical performance of Tarmat shows significant fluctuations in key financial metrics over the years.\n\nBreakdown:\nTarmat's net sales have seen a decline from 276.35 Cr in Mar'20 to 101.28 Cr in Mar'25, with a notable drop in Mar'23 compared to previous years. Total operating income followed a similar trend, decreasing from 276.35 Cr in Mar'20 to 101.28 Cr in Mar'25. The raw material cost increased from 37.05 Cr in Mar'21 to 39.08 Cr in Mar'25, while employee costs rose from 3.19 Cr in Mar'19 to 9.24 Cr in Mar'25. Operating profit (PBDIT) has fluctuated, peaking at 12.02 Cr in Mar'20 and dropping to 3.83 Cr in Mar'25. Profit before tax turned positive again in Mar'25 at 1.81 Cr after a loss in Mar'24. Profit after tax also improved to 1.87 Cr in Mar'25 from a loss of 1.13 Cr in the previous year. The company's total liabilities increased from 198.04 Cr in Mar'24 to 235.86 Cr in Mar'25, while t..."
      },
      {
        "title": "Are Tarmat latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-tarmat-latest-results-good-or-bad-3702155",
        "imagepath": "",
        "date": "2025-11-14 19:26:43",
        "description": "Tarmat has reported its financial results for the quarter ending June 2025, highlighting several operational trends. The company achieved net sales of Rs 62.73 crore, reflecting a year-on-year growth of 47.74%, which indicates a strong demand for its services compared to the previous year. The operating profit reached Rs 1.12 crore, marking the highest level in five quarters, with an operating profit margin of 4.49%, suggesting enhanced operational efficiency during this period.\n\nProfit before tax increased to Rs 0.58 crore, and profit after tax stood at Rs 0.69 crore, both representing the highest figures in the last five quarters. Additionally, earnings per share rose to Rs 0.34, which points to improved profitability for shareholders.\n\nHowever, Tarmat is facing challenges as indicated by a decline in its debtors turnover ratio to 4.66 times, the lowest in the last five half-yearly periods, suggesting a s..."
      },
      {
        "title": "How has been the historical performance of Tarmat?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-tarmat-3676932",
        "imagepath": "",
        "date": "2025-11-06 22:43:36",
        "description": "Answer:\nThe historical performance of Tarmat shows significant fluctuations in key financial metrics over the years.\n\nBreakdown:\nTarmat's net sales have seen a decline from 276.35 Cr in Mar'20 to 101.28 Cr in Mar'25, with a notable drop in Mar'23 compared to previous years. Total operating income followed a similar trend, decreasing from 276.35 Cr in Mar'20 to 101.28 Cr in Mar'25. The raw material costs have varied, peaking at 66.37 Cr in Mar'20 and settling at 39.08 Cr in Mar'25. Operating profit, which was 12.02 Cr in Mar'20, fell to 3.83 Cr by Mar'25, reflecting a declining operating profit margin. Profit before tax turned positive again in Mar'25 at 1.81 Cr after a loss in Mar'24, while profit after tax also rebounded to 1.87 Cr from a loss of 1.13 Cr the previous year. The company's total liabilities decreased from 269.67 Cr in Mar'20 to 235.86 Cr in Mar'25, while total assets also decreased from 269.6..."
      }
    ],
    "total": 96,
    "sid": "121253",
    "stock_news_url": "https://uat-researchintel.adityabirlamoney.com/news/tarmat-121253"
  },
  "announcements": [
    {
      "caption": "Board Meeting Intimation for Intimation Of Board Meeting Pursuant To Regulation 29(1) (A) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.",
      "datetime": "20-Jan-2026",
      "details": "Tarmat Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/02/2026 inter alia to consider and approve Pursuant to Regulation 29 (1) (a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (Listing Regulations) notice is hereby given that a Meeting of the Board of Directors of the Company is scheduled to be held on Thursday 05th February 2026 interalia to consider approve and take on record the Unaudited Financial Results (Standalone & Consolidated) of the Company for the quarter ended December 31 2025 along with Limited Review Report thereon. Further please take note that vide letter dated December 26th 2025 we have informed you about the closure of Trading Window for dealing in the equity shares of the Company by all designated persons and their immediate relatives from January 1 2026 till 48 (Forty-Eight) hours after the conclusion of the above-mentioned Board Meeting.",
      "source": "BSE"
    },
    {
      "caption": "Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018",
      "datetime": "12-Jan-2026",
      "details": "Please find enclosed herewith a Certificate issued under Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 by Big Share Services Pvt. Ltd. the Registrar and Share Transfer Agent of the Company for the quarter ended December 31 2025.",
      "source": "BSE"
    },
    {
      "caption": "Closure of Trading Window",
      "datetime": "27-Dec-2025",
      "details": "This is to inform that pursuant to SEBI(PIT) Regulations 2015 and Companys code of of fair Disclosure and conduct for Prevention of Insider Trading the Trading Window for dealing in shares of the Company by the designated persons and their immediate relatives will be closed from Thursday 1st January 2026 till 48 hours after the conclusion of the Meeting of the Board of Directors to be held for the purpose of considering the Unaudited Standalone and Consolidated Financial Results for the quarter ended 31st December 2025. The date of the Board Meeting to be convened for the aforesiad purpose shall be intimated separately.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Tarmat Ltd has declared <strong>10%</strong> dividend, ex-date: 20 Sep 10",
          "dt": "2010-09-20",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Is Tarmat overvalued or undervalued?

2025-11-19 08:07:48

As of 18 November 2025, Tarmat's valuation grade has moved from fair to attractive, indicating a more favorable outlook. The company is currently assessed as undervalued, particularly when considering its PE ratio of 41.77, a Price to Book Value of 0.80, and an EV to EBITDA of 35.81. These ratios suggest that while the stock is trading at a premium in terms of earnings, it remains attractive relative to its book value and operational cash flows. When compared to peers, Tarmat's valuation metrics stand out. For instance, Larsen & Toubro, also rated attractive, has a lower PE ratio of 34.3 and an EV to EBITDA of 18.1, highlighting that Tarmat may offer better growth potential at a lower relative cost. In contrast, CG Power & Ind is deemed very expensive with a PE of 108.1, further emphasizing Tarmat's relative value. Additionally, Tarmat's recent stock performance has lagged behind the Sensex, with a year-to...

Tarmat Reports Strong Growth Metrics Amid Challenges in Operating Cash Flow

2025-11-18 12:00:08

Tarmat, a microcap construction firm, reported strong financial results for the quarter ending September 2025, with significant growth in net sales and cash reserves. Despite challenges in operating cash flow, the company achieved its highest PBDIT and profit after tax, indicating effective management and potential for future recovery.

Tarmat Ltd Q2 FY26: Strong Profit Growth Masks Underlying Operational Challenges

2025-11-18 09:47:12

Tarmat Ltd., a Mumbai-based micro-cap construction company, reported a dramatic 111.59% quarter-on-quarter surge in net profit to ₹1.46 crores for Q2 FY26, driven largely by exceptional other income of ₹0.75 crores. However, the company's core operating performance reveals a more concerning picture, with revenue declining 9.10% sequentially to ₹22.67 crores despite posting a respectable 45.60% year-on-year growth. The stock, currently trading at ₹52.00 with a market capitalisation of ₹130.33 crores, has declined 1.42% following the results announcement, continuing a troubling downward trajectory that has seen it lose 31.24% over the past year.

Is Tarmat overvalued or undervalued?

2025-11-18 08:19:26

As of 17 November 2025, Tarmat's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued, with a PE ratio of 43.21, an EV to EBITDA of 37.05, and a PEG ratio of 0.47, suggesting that its growth prospects are relatively attractive compared to its current price. In comparison to peers, Tarmat's PE ratio is higher than that of Larsen & Toubro, which stands at 34.55, but significantly lower than CG Power & Ind, which is currently very expensive at a PE of 110.51. This positions Tarmat in a competitive light within the construction industry, especially considering its lower PEG ratio compared to peers like Siemens, which has a PEG of 1.63. Notably, Tarmat's recent stock performance has underperformed the Sensex over the past year, with a decline of 31.67% compared to the Sensex's gain of 9.50%, which may reinforce t...

How has been the historical performance of Tarmat?

2025-11-17 22:51:46

Answer: The historical performance of Tarmat shows significant fluctuations in key financial metrics over the years. Breakdown: Tarmat's net sales have seen a decline from 276.35 Cr in Mar'20 to 101.28 Cr in Mar'25, with a notable drop in Mar'23 at 143.66 Cr and Mar'22 at 181.01 Cr. Total operating income followed a similar trend, decreasing from 276.35 Cr in Mar'20 to 101.28 Cr in Mar'25. The raw material cost increased from 39.08 Cr in Mar'25 compared to 31.40 Cr in Mar'24, while employee costs rose to 9.24 Cr in Mar'25 from 7.14 Cr in Mar'24. Operating profit (PBDIT) showed a slight recovery to 3.83 Cr in Mar'25 from 2.85 Cr in Mar'24, although it was significantly lower than the 12.02 Cr recorded in Mar'20. Profit before tax turned positive at 1.81 Cr in Mar'25 after a loss of 1.26 Cr in Mar'24, and profit after tax also improved to 1.87 Cr from a loss of 1.13 Cr. The company's total assets increased t...

How has been the historical performance of Tarmat?

2025-11-14 23:33:18

Answer: The historical performance of Tarmat shows significant fluctuations in key financial metrics over the years. Breakdown: Tarmat's net sales have seen a decline from 276.35 Cr in Mar'20 to 101.28 Cr in Mar'25, with a notable drop in Mar'23 compared to previous years. Total operating income followed a similar trend, decreasing from 276.35 Cr in Mar'20 to 101.28 Cr in Mar'25. The raw material cost increased from 37.05 Cr in Mar'21 to 39.08 Cr in Mar'25, while employee costs rose from 3.19 Cr in Mar'19 to 9.24 Cr in Mar'25. Operating profit (PBDIT) has fluctuated, peaking at 12.02 Cr in Mar'20 and dropping to 3.83 Cr in Mar'25. Profit before tax turned positive again in Mar'25 at 1.81 Cr after a loss in Mar'24. Profit after tax also improved to 1.87 Cr in Mar'25 from a loss of 1.13 Cr in the previous year. The company's total liabilities increased from 198.04 Cr in Mar'24 to 235.86 Cr in Mar'25, while t...

Are Tarmat latest results good or bad?

2025-11-14 19:26:43

Tarmat has reported its financial results for the quarter ending June 2025, highlighting several operational trends. The company achieved net sales of Rs 62.73 crore, reflecting a year-on-year growth of 47.74%, which indicates a strong demand for its services compared to the previous year. The operating profit reached Rs 1.12 crore, marking the highest level in five quarters, with an operating profit margin of 4.49%, suggesting enhanced operational efficiency during this period. Profit before tax increased to Rs 0.58 crore, and profit after tax stood at Rs 0.69 crore, both representing the highest figures in the last five quarters. Additionally, earnings per share rose to Rs 0.34, which points to improved profitability for shareholders. However, Tarmat is facing challenges as indicated by a decline in its debtors turnover ratio to 4.66 times, the lowest in the last five half-yearly periods, suggesting a s...

How has been the historical performance of Tarmat?

2025-11-06 22:43:36

Answer: The historical performance of Tarmat shows significant fluctuations in key financial metrics over the years. Breakdown: Tarmat's net sales have seen a decline from 276.35 Cr in Mar'20 to 101.28 Cr in Mar'25, with a notable drop in Mar'23 compared to previous years. Total operating income followed a similar trend, decreasing from 276.35 Cr in Mar'20 to 101.28 Cr in Mar'25. The raw material costs have varied, peaking at 66.37 Cr in Mar'20 and settling at 39.08 Cr in Mar'25. Operating profit, which was 12.02 Cr in Mar'20, fell to 3.83 Cr by Mar'25, reflecting a declining operating profit margin. Profit before tax turned positive again in Mar'25 at 1.81 Cr after a loss in Mar'24, while profit after tax also rebounded to 1.87 Cr from a loss of 1.13 Cr the previous year. The company's total liabilities decreased from 269.67 Cr in Mar'20 to 235.86 Cr in Mar'25, while total assets also decreased from 269.6...

View All News

Announcement

Board Meeting Intimation for Intimation Of Board Meeting Pursuant To Regulation 29(1) (A) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.

20-Jan-2026 | Source : BSE

Tarmat Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/02/2026 inter alia to consider and approve Pursuant to Regulation 29 (1) (a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (Listing Regulations) notice is hereby given that a Meeting of the Board of Directors of the Company is scheduled to be held on Thursday 05th February 2026 interalia to consider approve and take on record the Unaudited Financial Results (Standalone & Consolidated) of the Company for the quarter ended December 31 2025 along with Limited Review Report thereon. Further please take note that vide letter dated December 26th 2025 we have informed you about the closure of Trading Window for dealing in the equity shares of the Company by all designated persons and their immediate relatives from January 1 2026 till 48 (Forty-Eight) hours after the conclusion of the above-mentioned Board Meeting.

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018

12-Jan-2026 | Source : BSE

Please find enclosed herewith a Certificate issued under Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 by Big Share Services Pvt. Ltd. the Registrar and Share Transfer Agent of the Company for the quarter ended December 31 2025.

Closure of Trading Window

27-Dec-2025 | Source : BSE

This is to inform that pursuant to SEBI(PIT) Regulations 2015 and Companys code of of fair Disclosure and conduct for Prevention of Insider Trading the Trading Window for dealing in shares of the Company by the designated persons and their immediate relatives will be closed from Thursday 1st January 2026 till 48 hours after the conclusion of the Meeting of the Board of Directors to be held for the purpose of considering the Unaudited Standalone and Consolidated Financial Results for the quarter ended 31st December 2025. The date of the Board Meeting to be convened for the aforesiad purpose shall be intimated separately.

Corporate Actions

BOARD MEETING

No Upcoming Board Meetings

DIVIDEND

Tarmat Ltd has declared 10% dividend, ex-date: 20 Sep 10

SPLITS

No Splits history available

BONUS

No Bonus history available

RIGHTS

No Rights history available

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