Tarmat Ltd
Incorporated in 1986, Tarmat Ltd does construction of Airfield and National /
state highways[1]
- Market Cap ₹ 171 Cr.
- Current Price ₹ 80.4
- High / Low ₹ 154 / 70.8
- Stock P/E 140
- Book Value ₹ 60.8
- Dividend Yield 0.00 %
- ROCE 1.50 %
- ROE 1.14 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- The company has delivered a poor sales growth of -1.30% over past five years.
- Promoter holding is low: 33.2%
- Tax rate seems low
- Company has a low return on equity of 3.35% over last 3 years.
- Promoter holding has decreased over last 3 years: -6.66%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Infrastructure Developers & Operators Industry: Construction
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
151.61 | 102.62 | 63.56 | 51.33 | 58.67 | 60.81 | 95.41 | 233.02 | 170.66 | 161.94 | 143.66 | 89.35 | 89.86 | |
150.29 | 107.44 | 67.13 | 51.45 | 57.90 | 77.44 | 114.49 | 222.05 | 163.46 | 154.97 | 141.50 | 86.87 | 87.69 | |
Operating Profit | 1.32 | -4.82 | -3.57 | -0.12 | 0.77 | -16.63 | -19.08 | 10.97 | 7.20 | 6.97 | 2.16 | 2.48 | 2.17 |
OPM % | 0.87% | -4.70% | -5.62% | -0.23% | 1.31% | -27.35% | -20.00% | 4.71% | 4.22% | 4.30% | 1.50% | 2.78% | 2.41% |
-7.73 | 1.95 | 1.48 | 1.35 | 0.87 | 19.05 | 21.85 | 0.96 | 1.26 | 1.13 | 6.68 | -2.17 | -2.18 | |
Interest | 8.43 | 15.57 | 15.52 | 4.59 | 0.01 | 1.35 | 1.37 | 2.36 | 3.13 | 2.38 | 0.51 | 0.73 | 0.69 |
Depreciation | 4.98 | 4.41 | 3.78 | 2.33 | 1.42 | 0.97 | 0.69 | 0.73 | 1.32 | 1.06 | 1.04 | 0.84 | 0.81 |
Profit before tax | -19.82 | -22.85 | -21.39 | -5.69 | 0.21 | 0.10 | 0.71 | 8.84 | 4.01 | 4.66 | 7.29 | -1.26 | -1.51 |
Tax % | 32.59% | -1.88% | -2.01% | -114.41% | 85.71% | -1,150.00% | 19.72% | 21.61% | -26.93% | 1.72% | -1.78% | -10.32% | |
-26.27 | -22.42 | -20.95 | 0.82 | 0.03 | 1.25 | 0.57 | 6.92 | 5.09 | 4.58 | 7.42 | -1.13 | -1.39 | |
EPS in Rs | -23.97 | -20.45 | -19.11 | 0.75 | 0.03 | 1.14 | 0.52 | 5.19 | 3.82 | 2.90 | 3.48 | -0.53 | -0.65 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -1% |
5 Years: | -1% |
3 Years: | -19% |
TTM: | -28% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 16% |
3 Years: | -34% |
TTM: | -70% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 25% |
3 Years: | 5% |
1 Year: | -12% |
Return on Equity | |
---|---|
10 Years: | -3% |
5 Years: | 5% |
3 Years: | 3% |
Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10.96 | 10.96 | 10.96 | 10.96 | 10.96 | 10.96 | 10.96 | 13.33 | 13.33 | 15.80 | 21.31 | 21.31 |
Reserves | 69.54 | 47.12 | 26.16 | 26.98 | 27.02 | 28.26 | 28.83 | 42.87 | 47.96 | 67.85 | 109.41 | 108.32 |
73.05 | 109.70 | 117.36 | 118.81 | 121.50 | 112.52 | 97.30 | 110.28 | 89.47 | 43.36 | 5.96 | 10.46 | |
27.18 | 23.78 | 27.47 | 24.42 | 21.89 | 25.09 | 31.40 | 62.51 | 57.78 | 65.47 | 57.41 | 39.00 | |
Total Liabilities | 180.73 | 191.56 | 181.95 | 181.17 | 181.37 | 176.83 | 168.49 | 228.99 | 208.54 | 192.48 | 194.09 | 179.09 |
25.12 | 20.53 | 16.75 | 14.43 | 13.02 | 12.04 | 11.10 | 15.97 | 17.24 | 16.44 | 16.18 | 15.38 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.04 | 24.46 | 19.25 | 19.25 | 19.25 | 26.78 | 26.86 | 26.95 | 27.02 | 9.43 | 9.56 | 9.56 |
155.57 | 146.57 | 145.95 | 147.49 | 149.10 | 138.01 | 130.53 | 186.07 | 164.28 | 166.61 | 168.35 | 154.15 | |
Total Assets | 180.73 | 191.56 | 181.95 | 181.17 | 181.37 | 176.83 | 168.49 | 228.99 | 208.54 | 192.48 | 194.09 | 179.09 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-10.70 | 6.54 | 2.31 | -0.08 | -0.90 | 14.42 | 17.28 | -13.55 | 26.41 | -7.12 | 9.46 | -3.20 | |
0.11 | -23.93 | 5.56 | 0.34 | 0.33 | -7.25 | 0.52 | -4.99 | -1.94 | 17.92 | -0.85 | 0.01 | |
8.89 | 17.31 | -8.06 | -0.01 | -0.01 | -6.75 | -16.58 | 20.09 | -23.87 | -20.99 | -8.01 | 3.85 | |
Net Cash Flow | -1.70 | -0.08 | -0.19 | 0.25 | -0.59 | 0.42 | 1.22 | 1.55 | 0.60 | -10.19 | 0.60 | 0.67 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 63.65 | 55.95 | 117.78 | 148.90 | 140.85 | 127.31 | 74.14 | 27.27 | 27.68 | 35.59 | 56.91 | 52.41 |
Inventory Days | 342.06 | 1,584.59 | 1,675.27 | 3,475.32 | 475.68 | 231.83 | 421.25 | 340.00 | 236.00 | 525.30 | ||
Days Payable | 142.57 | 887.68 | 1,264.57 | 2,253.88 | 320.62 | 148.44 | 373.96 | 253.41 | 250.62 | 366.05 | ||
Cash Conversion Cycle | 263.14 | 752.86 | 528.48 | 1,370.35 | 295.91 | 210.69 | 74.14 | 27.27 | 74.96 | 122.18 | 42.29 | 211.66 |
Working Capital Days | 229.89 | 270.64 | 413.70 | 554.72 | 508.71 | 451.25 | 246.90 | 114.47 | 162.42 | 216.53 | 232.20 | 390.70 |
ROCE % | -0.54% | -4.53% | -3.64% | -0.71% | 0.14% | 0.93% | -12.92% | 7.38% | 4.48% | 4.64% | 4.00% | 1.50% |
Documents
Announcements
- Sub.: Regulation 44(3) Of The SEBI (LODR) Regulations, 2015 ('Listing Regulations') - Voting Results Of 39Th Annual General Meeting Of The Company. 1 Oct
-
Announcement under Regulation 30 (LODR)-Change in Directorate
30 Sep - Appointment of Dr. Kishanrao M. Godbole as Independent Director.
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
30 Sep - Proceedings of 39th Annual General Meeting held.
- Closure of Trading Window 26 Sep
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
16 Sep - Tarmat awarded Rs. 139.48 Crores order from Maharashtra.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
from bse
Business Overview:[1][2]
TL is an ISO 9001:2008 Quality Mgmt System certified company which is in the business of construction of Highways, Runways, airfields, parking bays, aprons, taxiways, etc. It has worked on projects sponsored by Govt agencies, including Central Govt, State Governments and Municipalities. Company provides engineering, procurement and construction services for infrastructure projects - EPC