Tarmat financials

Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹35.8cr+43.6% on Q1 FY26
Net profit
₹1.5cr+121.0% on Q1 FY26
EBITDA margin
6.9%+2.4 pts on Q1 FY26
EPS
₹0.62+106.7% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue35.824.9+43.6%
EBITDA2.51.1+121.1%
EBITDA margin6.9%4.5%+2.4 pts
Profit before tax1.90.6+197.6%
Net profit1.50.7+121.0%
EPS₹0.62₹0.30+106.7%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹35.8 crNet profit₹1.5 crNet margin4.3%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
138————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
21.421.49.85.75.0
15.015.09.510.36.0
132————
12811710189.4144
—+15.9%+13.4%−37.8%—
8.26.92.82.42.0
6.4%5.9%2.8%2.7%1.4%
6.95.61.51.61.0
7.16.21.9−1.17.4
5.5%5.3%1.9%−1.3%5.2%
₹2.83₹2.49₹0.75−₹0.45₹2.96
—+234.0%+265.1%−115.3%—
—7.5−9.2−3.29.5
—0.0−5.9−0.0−0.8
7.57.5−15.1−3.28.7
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

TARMAT₹55.09

Tarmat Limited

· Infrastructure
₹ CrorePeersBRNLSADBHAVNIRAJUSKBCPLSEMACRPPINFRAGLOBECIVILMcap ₹138 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————138.1
- Cash, Equiv & ST Investments5.05.79.821.421.4
+ Total Debt6.010.39.515.015.0
Enterprise Value————131.7
Revenue143.789.4101.3117.4128.2
Growth %, YoY—-37.8+13.4+15.9—
EBITDA2.02.42.86.98.2
Margin %1.412.702.755.866.42
EBIT1.01.61.55.66.9
Net Income7.4-1.11.96.27.1
Margin %5.16-1.271.855.325.52
EPS, Adj (current shares)2.96-0.450.752.492.83
Growth %, YoY—-115.3+265.1+234.0—
Cash from Operations9.5-3.2-9.27.5—
Capital Expenditures-0.8-0.0-5.9-0.0—
Free Cash Flow8.7-3.2-15.17.57.5
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Tarmat financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

Tarmat (NSE: TARMAT) had a market capitalisation of ₹132 crore at the 29 October 2026 close (₹53.37 a share), a PE ratio of 18.6 on the last four quarters' profit and a price-to-book ratio of 0.71. In FY26 its consolidated net profit was ₹6.2 crore on revenue of ₹117 crore; in Q1 FY27 (April–June 2026) it was ₹1.5 crore, up 121.0% year on year. Its debt-to-equity ratio was 0.08 on 31 March 2026. Promoters held 29.11% of the shares on 30 September 2026.

Tarmat Q1 FY27 results
filed 14 August 2026
Share price used
₹53.37 · 29 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

Tarmat at a glance · consolidated

Market cap
₹132 Crat ₹53.37 · 29 Oct close
PE ratio (last 4 quarters)
18.621.1 on FY26 profit
Price to book (PB)
0.71book value ₹75.49 a share
ROE (FY26)
3.5%+2.2 pts vs FY25ROCE 3.0%
Debt to equity
0.08net cash ₹6.4 Cr
Promoter holding
29.11%+0.1 pts vs 30 Jun 202630 September 2026
Net worth
₹187 Cr+7.8% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
₹7.5 Cr
EPS (FY26)
₹2.51

Questions

What is the Tarmat PE ratio today?

Tarmat's PE ratio is 18.6 at the 29 October 2026 close (₹53.37 a share): a market capitalisation of ₹132 crore divided by consolidated net profit of ₹7.1 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹6.2 crore) it is 21.1.

What is the Tarmat net worth?

Tarmat's net worth — shareholders' equity in its consolidated balance sheet — was ₹187 crore on 31 March 2026, up 7.8% from ₹173 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹132 crore at the 29 October 2026 close.

What is the Tarmat book value per share?

Tarmat's book value per share was ₹75.49 on 31 March 2026: shareholders' equity of ₹187 crore divided by the 2.47 crore shares in issue, up 4.8% from ₹72.00 a year earlier. The share price at the 29 October 2026 close was ₹53.37.

What is the Tarmat PB ratio (price to book value)?

Tarmat's price-to-book (PB) ratio is 0.71 at the 29 October 2026 close: a market capitalisation of ₹132 crore divided by shareholders' equity (book value) of ₹187 crore on 31 March 2026. That is a book value of ₹75.49 per share against a share price of ₹53.37.

What is the Tarmat ROE and ROCE?

In FY26, Tarmat's return on equity (ROE) was 3.5% and its return on capital employed (ROCE) was 3.0%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 1.2% and ROCE 1.0%.

What is the Tarmat promoter holding?

Promoters held 29.11% of Tarmat on 30 September 2026, up 0.06 percentage points from 29.05% the previous quarter and down 0.72 percentage points from 29.83% a year earlier, according to the shareholding pattern filed with NSE.

What is the Tarmat market cap?

Tarmat's market capitalisation was ₹132 crore at the 29 October 2026 close: 2.47 crore shares at ₹53.37 each.

What is the Tarmat debt to equity ratio?

Tarmat's debt-to-equity ratio was 0.08 on 31 March 2026: borrowings of ₹15 crore against total equity of ₹187 crore. A year earlier, on 31 March 2025, it was 0.06.

What is the Tarmat EPS?

Tarmat's basic earnings per share (EPS) were ₹2.51 in FY26, against ₹0.63 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹2.87.

Is Tarmat debt free?

No. Tarmat had borrowings of ₹15 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.08. Its cash and current investments were ₹21.4 crore, so it held net cash of ₹6.4 crore.

What is the Tarmat free cash flow?

In FY26, Tarmat generated ₹7.5 crore of cash from operations and spent ₹0 lakh on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹7.5 crore. In FY25 it was −₹15.1 crore.

What are the Tarmat latest quarterly results?

Tarmat's latest results are for Q1 FY27 (April–June 2026), filed on 14 August 2026: consolidated net profit ₹1.5 crore, up 121.0% from ₹69 lakh in Q1 FY26; revenue from operations ₹35.8 crore, up 43.6% year on year.

What is the Tarmat shareholding pattern?

On 30 September 2026, Tarmat's shares were held by promoters 29.11%, foreign portfolio investors (FII/FPI) 1.81% and retail and other non-institutional investors 69.08%. Over the year, FII holding was down 1.11 percentage points from 2.92%.

What is the Tarmat revenue and profit in FY26?

In FY26 (April 2025–March 2026), Tarmat's consolidated net profit was ₹6.2 crore, up 234.0% from ₹1.9 crore in FY25, on revenue from operations of ₹117 crore (up 15.9%). Over three years, from FY23, net profit was down 15.8%.

When are the Tarmat next results?

Tarmat has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.

How does Tarmat compare with its peers?

On FY26 consolidated figures, against Bharat Road Network, Sadbhav Engineering and Niraj Cement Structurals: Tarmat's operating margin of 4.8% is the second highest of the four (Bharat Road Network −58.3%, Sadbhav Engineering 40.3%, Niraj Cement Structurals 3.1%; peer average −5.0%); its revenue growth over three years of −6.5% a year is the second highest of the four (Bharat Road Network −22.1% a year, Sadbhav Engineering −18.2% a year, Niraj Cement Structurals −3.7% a year; peer average −14.7% a year).

Tarmat vs Bharat Road Network: how do they compare?

In FY26, Tarmat earned net profit of ₹6.2 crore on revenue of ₹117 crore, against ₹29.6 crore on ₹154 crore for Bharat Road Network. Tarmat's operating margin was 4.8% (Bharat Road Network −58.3%) and its return on equity 3.5% (Bharat Road Network −8.1%). At the 29 October 2026 close, Tarmat's market capitalisation was ₹132 crore against ₹115 crore for Bharat Road Network.

Where do these Tarmat figures come from?

From Tarmat's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.