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NSE Close — 25 Sep 2026
₹55.84
Change
+1.79 (3.31%)
Open
₹55.3
Prev. Close
₹54.05
Day High
₹56.85
Day Low
₹54.0
Volume Analysis
Traded
12,463
Delivered
7,954
Delivery %
63.82%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (0)
No signal for this stock
Weaknesses (3)
- •Low return on equity (3.47%)
- •Promoter holding is falling
- •Below-average fundamentals quality score (44/100)
Opportunities (1)
- •FII holding has been rising
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹59.97 | ₹58.41 | ₹57.12 | ₹55.56 | ₹54.27 | ₹52.71 | ₹51.42 |
| Fibonacci | ₹58.41 | ₹57.32 | ₹56.65 | ₹55.56 | ₹54.47 | ₹53.8 | ₹52.71 |
| Camarilla | ₹56.62 | ₹56.36 | ₹56.1 | ₹55.56 | ₹55.58 | ₹55.32 | ₹55.06 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
+8.39%
1 Week
+1.97%
1 Month
-4.33%
3 Months
+10.86%
6 Months
+5.6%
1 Year
+15.3%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹64.61
Current price is at or below the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
3.45%
Net margin 5.47% × asset turnover 0.45x × equity multiplier 1.4x
Company Overview
Sector
Construction
Market Cap
₹140 Cr
P/E (TTM)
19.8
ROE
3.47%
Book Value
₹74.5
Face Value
₹10.0
Source: Screener.in (Consolidated figures) — data as of 27 Sep 2026. Not investment advice.
TopFund Analysis
Tarmat Limited scores weakly on TopFund's composite fundamentals check within the Construction sector, at 44/100. The strongest factor is Financial Strength (100/100), while Growth (0/100) is the weakest area to weigh before deciding. Notably: Low return on equity (3.47%); promoter holding is falling. FII holding has been rising.
TopFund Score — Fundamentals Quality
44/100 — WeakData confidence: 77/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company is almost debt free.
- +Stock is trading at 0.75 times its book value
- −Though the company is reporting repeated profits, it is not paying out dividend
- −The company has delivered a poor sales growth of -9.73% over past five years.
- −Promoter holding is low: 29.0%
- −Tax rate seems low
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Trading window closed from 1 October 2026 until 48 hours after Q2 board meeting.
Pursuant to applicable provisions of the SEBI(LODR) Regulation 2015, we enclose herewith the copy of Notice of 41st AGM PUBLISHED ON September 05.09.2026 in the …
Tarmat issues 41st AGM notice, annual report, and reappointments effective 2026.
41st AGM on 30 September 2026 via VC/OAVM; annual report for FY2025-26 available online.
Tarmat's 41st AGM on 30 Sept 2026 includes financial adoption, director reappointments, and auditor ratification.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 21 | 25 | 23 | 21 | 22 | 16 | 26 | 38 | 25 | 23 | 27 | 42 | 36 |
| Expenses + | 20 | 24 | 22 | 20 | 21 | 15 | 26 | 37 | 24 | 22 | 26 | 40 | 33 |
| Operating Profit | 1 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 2 |
| OPM % | 5.45% | 2.67% | 1.67% | 0.97% | 4.27% | 3.6% | 2.18% | 1.93% | 4.49% | 4.98% | 6.37% | 6.83% | 6.87% |
| Other Income + | 0 | 0 | 0 | -2 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 0 | 0 | -2 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 3 | 2 |
| Tax % | -3.9% | -12.0% | -33.33% | -1.27% | -5.77% | -7.89% | -17.24% | 8.06% | -9.38% | -5.8% | -6.67% | -11.28% | 19.47% |
| Net Profit + | 1 | 0 | 0 | -2 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 3 | 2 |
| EPS in Rs | 0 | 0 | 0 | -1 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 80 | 90 | 78 | 204 | 131 | 276 | 196 | 181 | 144 | 89 | 101 | 117 | 128 |
| Expenses + | 83 | 89 | 77 | 213 | 150 | 265 | 189 | 174 | 142 | 87 | 98 | 110 | 120 |
| Operating Profit | -3 | 0 | 1 | -9 | -19 | 11 | 7 | 7 | 2 | 2 | 3 | 7 | 8 |
| OPM % | -4.1% | 0.5% | 1.3% | -4.3% | -14.0% | 4.0% | 3.6% | 3.9% | 1.5% | 2.8% | 3.2% | 6.0% | 6.0% |
| Other Income + | 1 | 1 | 1 | 12 | 22 | 1 | 1 | 1 | 7 | -2 | 1 | 1 | 1 |
| Interest | 16 | 5 | 0 | 2 | 1 | 2 | 3 | 2 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | -21 | -6 | 0 | 0 | 1 | 9 | 4 | 5 | 7 | -1 | 2 | 6 | 7 |
| Tax % | -2.0% | -112.0% | 86.0% | -1,140.0% | 18.0% | 22.0% | -28.0% | 2.0% | -2.0% | -10.0% | -3.0% | -9.0% | — |
| Net Profit + | -21 | 1 | 0 | 1 | 1 | 7 | 5 | 5 | 7 | -1 | 2 | 6 | 7 |
| EPS in Rs | -19 | 1 | 0 | 1 | 1 | 5 | 4 | 3 | 3 | -1 | 1 | 2 | 3 |
| Dividend Payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 26 | 27 | 27 | 28 | 29 | 43 | 48 | 78 | 109 | 108 | 149 | 162 |
| Borrowings + | 117 | 119 | 122 | 145 | 97 | 110 | 89 | 43 | 6 | 10 | 10 | 15 |
| Other Liabilities + | 35 | 30 | 32 | 76 | 57 | 103 | 82 | 83 | 76 | 58 | 53 | 59 |
| Total Liabilities | 190 | 187 | 192 | 260 | 194 | 270 | 233 | 220 | 213 | 198 | 236 | 261 |
| Fixed Assets + | 18 | 15 | 14 | 13 | 12 | 17 | 18 | 17 | 17 | 16 | 21 | 27 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 19 | 19 | 19 | 22 | 19 | 19 | 19 | 1 | 1 | 1 | 1 | 0 |
| Other Assets + | 153 | 152 | 159 | 226 | 163 | 234 | 195 | 201 | 195 | 181 | 214 | 234 |
| Total Assets | 190 | 187 | 192 | 260 | 194 | 270 | 233 | 220 | 213 | 198 | 236 | 261 |
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 13 | 13 | 16 | 21 | 21 | 24 | 25 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 2 | 0 | -1 | -21 | 45 | -13 | 26 | -7 | 9 | -3 | -9 | 8 |
| Cash from Investing Activity + | 6 | 0 | 0 | -2 | 3 | -5 | -2 | 18 | -1 | 0 | -27 | -7 |
| Cash from Financing Activity + | -8 | 0 | 0 | 26 | -49 | 20 | -24 | -21 | -8 | 4 | 40 | 11 |
| Net Cash Flow | 0 | 0 | -1 | 3 | -1 | 2 | 1 | -10 | 1 | 1 | 4 | 12 |
| CFO/OP | -71 | -1,350 | 87 | 249 | -240 | -103 | 348 | -101 | 812 | -105 | -327 | 128 |
| Free Cash Flow | 2 | 0 | -1 | -21 | 45 | -19 | 24 | -7 | 9 | -3 | -15 | 0 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 66.75% | 66.76% | 66.69% | 66.69% | 63.92% | 67.64% | 66.88% | 67.21% | 67.24% | 68.0% | 69.15% | 69.15% |
| Promoters | 33.25% | 33.25% | 33.25% | 33.25% | 33.25% | 29.84% | 30.15% | 29.84% | 29.84% | 30.13% | 29.05% | 29.05% |
| FII | 0.0% | 0.0% | 0.07% | 0.07% | 2.84% | 2.53% | 2.96% | 2.94% | 2.92% | 1.87% | 1.8% | 1.8% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Construction — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Tarmat Limited (this stock) | 140 | 19.8 | 0.75 | 3.47% |
| Bharat Road Network Ltd | 141 | — | 0.35 | -8.15% |
| Sadbhav Engineering Ltd | 128 | 14.6 | -1.15 | — |
| Bcpl Railway Infra Ltd | 115 | 14.0 | 1.19 | 6.78% |
| Niraj Cement Struc Ltd | 168 | 7.08 | 0.63 | 8.3% |
| Rudrabhishek Enterp Ltd | 111 | — | 0.8 | -7.57% |
| Twamev Cons And Infra Ltd | 100 | 14.1 | 0.32 | 2.25% |
Which Mutual Funds Hold Tarmat Limited?
Frequently Asked Questions about Tarmat Limited
Tarmat Limited (TARMAT) closed at ₹55.84 on NSE on 25 September 2026, up 1.79 (3.31%) from the previous close.
Tarmat Limited trades on the NSE (National Stock Exchange of India) under the symbol TARMAT.
Tarmat Limited has a trailing twelve-month P/E (price-to-earnings) ratio of 19.8.
Tarmat Limited has a dividend yield of 0.0%.
Tarmat Limited's 52-week high is ₹74.0 and its 52-week low is ₹46.3.
Tarmat Limited has a market capitalisation of ₹140 crore.
Tarmat Limited has a TopFund Quality Score of 44/100 (Weak), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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