# TARC share price today (TARC Ltd, NSE: TARC)

> TARC share price today: ₹112.96 at the NSE close on 4 November 2026, down 25.7% in a year. TARC (NSE: TARC) is worth ₹3,325 crore, trades at a P/E of 202.5 and has closed between ₹109.73 and ₹176.35 over the past 52 weeks. > TARC Ltd's results are improving, and its P/E is near the top of its own history, higher than 87% of past readings. TARC · Realty - Regional · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/tarc-ltd

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## Key numbers

- Price: ₹112.96 (−25.7% in a year)
- P/E: 202.5× (higher than 87% of the last 5.6 years)
- Revenue (Jun 2026): ₹217 Cr (+185.5% on a year ago)
- Profit (Jun 2026): ₹23.0 Cr (−57.4% on a year ago)
- Operating margin: 19.0% (+178.0 points on a year ago)
- ROCE: 6%, FY26
- ROIC: −4.0%, against a 12.0% cost of capital: −16.0 points
- Profit that came in as cash: 564%, last 3 years

The main question: results are strong, and the P/E is higher than 87% of its own history. ## What is the TARC share price today? TARC Ltd's share price was ₹112.96 at the close on 4 November 2026. It has been falling for 34 weeks. That is 14.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹110 and ₹176, and at that close it sat 5% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 3 weeks running. Over the last 5.9 years the share price moved +412% while the NIFTY 500 moved +95%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 16 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at TARC this quarter? Three changes stood out: profit fell in the June 2026 quarter, best operating margin in 10 quarters and revenue up on a year earlier for 6 quarters in a row. 1. Profit fell in the June 2026 quarter Profit was ₹23 crore, -57.4% on a year earlier (₹54 crore), after 4 quarters of growth. 2. Best operating margin in 10 quarters Operating margin was 19% in the June 2026 quarter, against -159% a year earlier. 3. Revenue up on a year earlier for 6 quarters in a row In the June 2026 quarter revenue was ₹217 crore, +185.5% on a year earlier. ## What are TARC's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), TARC reported revenue of ₹217 crore, up 185.5% from ₹76.0 crore a year earlier, and a profit of ₹23.0 crore, down 57.4% from ₹54.0 crore. ### TARC results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹217 crore | ₹76.0 crore | +185.5% |
| Profit | ₹23.0 crore | ₹54.0 crore | −57.4% |
| Earnings per share | ₹0.77 | ₹1.84 | −58.2% |
| Operating margin | 19.0% | −159.0% | +178.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the TARC share price history? TARC closed at ₹112.96 on 4 November 2026, down 25.7% from ₹152.04 a year earlier (7 November 2025) and up 143.2% over five years. Its highest weekly close since December 2020 was ₹266.10 on 4 October 2024. ### TARC share price: then and now

| When | Close | Change to 4 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 30 Oct 2026 | ₹109.73 | +2.9% |
| 1 month ago · 1 Oct 2026 | ₹125.58 | −10.0% |
| 6 months ago · 8 May 2026 | ₹136.69 | −17.4% |
| 1 year ago · 7 Nov 2025 | ₹152.04 | −25.7% |
| 3 years ago · 3 Nov 2023 | ₹103.10 | +9.6% |
| 5 years ago · 4 Nov 2021 | ₹46.45 | +143.2% |
| Earliest weekly close in our records · 18 Dec 2020 | ₹22.05 | +412.3% |
| Highest weekly close since December 2020 · 4 Oct 2024 | ₹266.10 | −57.5% |
| Lowest weekly close since December 2020 · 24 Dec 2020 | ₹20.05 | +463.4% |
| 52-week high (weekly close) · 9 Jan 2026 | ₹176.35 | −35.9% |
| 52-week low (weekly close) · 30 Oct 2026 | ₹109.73 | +2.9% |

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (311 weekly closes from 18 December 2020 to 4 November 2026.)

## What is the latest news on TARC? 4 Nov 2026: TARC closed at ₹112.96, up 2.9% on the week and down 10.0% on the month. Results for April to June 2026: Revenue up 185.5% and profit down 57.4% on a year earlier. ## What dividend does TARC pay? TARC has paid no dividend on the NSE since 1 April 2021, the start of the period we checked. No. TARC Ltd paid out 0% of its profit as dividends in each of its last 7 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate. (From the NSE corporate-actions record, read 5 November 2026.)

## Which stock lists is TARC on? TARC is on 2 of our India lists: 52 week high & low and Real estate, REIT & cement. - [52 week high & low 52-week position: Near 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india)
- [Real estate, REIT & cement Group on the list: Home and office developers](https://www.sectoralpha.in/sectors/real-estate-stocks-india)

## Is TARC profitable? TARC Ltd earned ₹23.0 Cr of net profit in the Jun 2026 quarter, −57.4% on the same quarter a year earlier. Full-year FY26 profit was ₹19.0 Cr. Over 6 years profit has grown −15.7% a year on average. That is 10.6% of the quarter's revenue. The same quarter a year earlier earned ₹54.0 Cr. 8 of the last 12 reported quarters were loss-making. ## How much revenue does TARC make, and is it growing? TARC Ltd reported ₹217 Cr of revenue in the Jun 2026 quarter, +185.5% on the same quarter a year earlier. That is the 6th quarter in a row with growth on the year before. Over 6 years it has grown 15.8% a year on average. The last full year, FY26, came in at ₹330 Cr. The last four reported quarters add to ₹471 Cr. FY26 revenue was ₹330 Cr, +870.6% on the year before. Recent pace: the last four quarters grew +556.1% on average, against 15.8% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +366.3%, against +190.0% a year over the last 8 quarters (accelerating). ## How much of every ₹100 of sales does TARC keep? TARC Ltd's operating margin was 19.0% in the Jun 2026 quarter, 178.0 percentage points higher than the same quarter a year ago. Across 7 years it has been between −395.0% and 44.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +177.0 percentage points on the year while gross margin changed −209.6 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is TARC's profit turning into cash? Over the last 3 years, 564% of TARC Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹191 Cr of operating cash against ₹19.0 Cr of profit. After ₹115 Cr of spending on assets, ₹76.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 564% of profit came in as cash: the cash cycle got 24 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. What to look at next: the bigger use of cash is spending on new assets, at 11.2× depreciation over three years. The next section checks what that spending is building. ## Where does TARC's cash go? TARC Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 8 days in FY26, down from 32 days in FY21. It spent ₹279 Cr on assets over the last 3 years. At FY26 sales of ₹330 Cr, each day of that cycle ties up about ₹0.9 Cr, so roughly ₹7.0 Cr is tied up in the business at any time. Spending on assets: ₹279 Cr over the last 3 years, against ₹25.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is TARC's P/E ratio, and how does it compare with its own history? TARC Ltd's P/E is 202.5×, near the high end of its own history: higher than 87% of past readings. Its usual P/E (the middle reading) is 117.6×, over 5.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Where the price move came from: over 5 years the price moved +19.5% a year; about −18.4% a year came from earnings growth and about +37.9 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the TARC business getting better or worse? TARC Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does TARC earn on its capital? TARC Ltd earned a ROCE of 6% in FY26. That is up from a low of −5% in FY22. Its return on capital used (ROIC) is 16.0 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 5.8% net margin and 0.07× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 5.8% net margin × 0.07× asset turnover × 4.33× leverage (assets divided by equity) ≈ 1.8% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: −4.0% − 12.0% = −16.0 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The −4.0% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at −7.7%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does TARC have too much debt? TARC Ltd has total debt of ₹1,895 Cr against shareholder equity of ₹1,062 Cr as of Jun 2026, so its debt is 1.78× its equity. Year by year, that ratio went from 0.89 in FY22 to 1.78 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the TARC shareholding pattern? Domestic institutions raised their stake in TARC Ltd by 2.6 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 5.9% of the company. Foreign institutions moved −1.6 points over the same period, to 1.1%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +2.6 points over 8 quarters, to 5.9%; Foreign institutions: −1.6 points over 8 quarters, to 1.1%; Promoters: +0.2 points over 8 quarters, to 65.1%. Why the owners changed: foreign institutions moved −1.6 points and domestic institutions +2.6 points over 8 quarters, while promoters stayed about the same. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is TARC from balance-sheet trouble? For TARC Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does TARC rank in its industry? 50.2 out of 100, rank 4 of 8 in Realty - Regional, with 61% of the evidence available. TARC Ltd scores 50.2 out of 100 against the 8 companies it is compared with in Realty - Regional, ranking 4. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 26.1 + 6.1 + 10 + 8 = 50.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is TARC compared with? TARC ranks 4 of 8 Realty - Regional companies on the 4-Factor Sector Score, with 50.2 out of 100. 1. [Raymond Realty Ltd](https://www.sectoralpha.in/stocks/raymond-realty-ltd) RAYMONDREL · quiet · Most evidence points up · 68% evidence 68.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.3/35 · Revenue 100% · Profit 100% · Operating margin change 1 points · 100% evidence Capital efficiency 16.9/25 · ROCE 29.6% · Operating margin 14% · 100% evidence Valuation 11.5/20 · P/E 11.5× · PEG n/a · 15% evidence Relative strength 10.1/20 · Lead over its industry n/a · Lead over NIFTY 500 -0.6% · 1 year -17.5% · 25% evidence · 1 of 12 weeks ahead Exact sum: 30.3 + 16.9 + 11.5 + 10.1 = 68.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [India Homes Ltd](https://www.sectoralpha.in/stocks/india-homes-ltd) ISIBARS · breaking out · Too little evidence to rank firmly · 60% evidence 65.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.3/35 · Revenue 100% · Profit 100% · Operating margin change 11094.8 points · 62% evidence Capital efficiency 12.9/25 · ROCE 17.5% · Operating margin n/a · 61% evidence Valuation 9.0/20 · P/E 61× · PEG n/a · 15% evidence Relative strength 18.7/20 · Lead over its industry 37.7% · Lead over NIFTY 500 41.6% · 1 year 105.9% · 100% evidence · 12 of 12 weeks ahead Exact sum: 25.3 + 12.9 + 9 + 18.7 = 65.9 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 3. [Oberoi Realty Ltd](https://www.sectoralpha.in/stocks/oberoi-realty-ltd) OBEROIRLTY · quiet · Evidence leans up · 100% evidence 57.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.1/35 · Revenue 16.6% · Profit 17.9% · Operating margin change 4 points · 100% evidence Capital efficiency 18.8/25 · ROCE 17.3% · Operating margin 61% · 100% evidence Valuation 7.9/20 · P/E 22.6× · PEG 2.58 · 100% evidence Relative strength 6.6/20 · Lead over its industry -1.7% · Lead over NIFTY 500 2.6% · 1 year -7.4% · 100% evidence · 7 of 12 weeks ahead Exact sum: 24.1 + 18.8 + 7.9 + 6.6 = 57.4 · What this means: Earnings are strong; relative strength in its sector is -1.7% and the one-year return is -7.4%. 4. TARC Ltd this page TARC · quiet · Evidence leans up · 61% evidence 50.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.1/35 · Revenue 100% · Profit 91.8% · Operating margin change 178 points · 88% evidence Capital efficiency 6.1/25 · ROCE 5.8% · Operating margin 19% · 100% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 8.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -14.9% · 1 year -31.1% · 25% evidence · 5 of 12 weeks ahead Exact sum: 26.1 + 6.1 + 10 + 8 = 50.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Marathon Nextgen Realty Ltd](https://www.sectoralpha.in/stocks/marathon-nextgen-realty-ltd) MARATHON · turning · Evidence leans down · 100% evidence 44.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.1/35 · Revenue 6.8% · Profit -24.1% · Operating margin change -1 points · 100% evidence Capital efficiency 9.8/25 · ROCE 7.6% · Operating margin 35% · 100% evidence Valuation 15.9/20 · P/E 14.6× · PEG 0.73 · 100% evidence Relative strength 6.9/20 · Lead over its industry -17.8% · Lead over NIFTY 500 -13.4% · 1 year -38.5% · 100% evidence · 4 of 12 weeks ahead Exact sum: 12.1 + 9.8 + 15.9 + 6.9 = 44.7 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 6. [Arkade Developers Ltd](https://www.sectoralpha.in/stocks/arkade-developers-ltd) ARKADE · quiet · Evidence leans down · 68% evidence 42.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 4.7/35 · Revenue -11.9% · Profit -80% · Operating margin change 0 points · 100% evidence Capital efficiency 17.8/25 · ROCE 18.9% · Operating margin 24% · 100% evidence Valuation 11.0/20 · P/E 12.7× · PEG n/a · 15% evidence Relative strength 8.9/20 · Lead over its industry n/a · Lead over NIFTY 500 -10.3% · 1 year -38.6% · 25% evidence · 7 of 12 weeks ahead Exact sum: 4.7 + 17.8 + 11 + 8.9 = 42.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Arihant Superstructures Ltd](https://www.sectoralpha.in/stocks/arihant-superstructures-ltd) ARIHANTSUP · quiet · Evidence leans down · 63% evidence 39.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.0/35 · Revenue 4.7% · Profit -41.8% · Operating margin change -9.6 points · 83% evidence Capital efficiency 12.1/25 · ROCE 10.6% · Operating margin 20.9% · 76% evidence Valuation 8.4/20 · P/E 22.4× · PEG n/a · 50% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -19.4% · 1 year -50.6% · 25% evidence · 0 of 12 weeks ahead Exact sum: 11 + 12.1 + 8.4 + 7.5 = 39 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Max Estates Ltd](https://www.sectoralpha.in/stocks/max-estates-ltd) MAXESTATES · breaking out · Too little evidence to rank firmly · 56% evidence 34.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.6/35 · Revenue 16.6% · Profit -70% · Operating margin change -11.4 points · 83% evidence Capital efficiency 5.2/25 · ROCE 1.4% · Operating margin 15.6% · 76% evidence Valuation 8.5/20 · P/E 1413× · PEG n/a · 15% evidence Relative strength 12.0/20 · Lead over its industry n/a · Lead over NIFTY 500 20.3% · 1 year 8.3% · 25% evidence · 12 of 12 weeks ahead Exact sum: 8.6 + 5.2 + 8.5 + 12 = 34.3 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Realty - Regional](https://www.sectoralpha.in/sectors/realty-regional), all 8 compared on one page. ## Which companies are close to TARC in size? TARC is the 4th largest of 8 Realty - Regional companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Oberoi Realty, Max Estates and Raymond Realty. Just below it: Marathon Nextgen Realty, Arkade Developers and India Homes. ### Realty - Regional companies close in size

1. [Oberoi Realty Ltd](https://www.sectoralpha.in/stocks/oberoi-realty-ltd) ₹59,867 crore
2. [Max Estates Ltd](https://www.sectoralpha.in/stocks/max-estates-ltd) ₹8,297 crore
3. [Raymond Realty Ltd](https://www.sectoralpha.in/stocks/raymond-realty-ltd) ₹3,394 crore
4. TARC Ltd ₹3,238 crore
5. [Marathon Nextgen Realty Ltd](https://www.sectoralpha.in/stocks/marathon-nextgen-realty-ltd) ₹2,517 crore
6. [Arkade Developers Ltd](https://www.sectoralpha.in/stocks/arkade-developers-ltd) ₹1,988 crore
7. [India Homes Ltd](https://www.sectoralpha.in/stocks/india-homes-ltd) ₹1,032 crore

[All 8 Realty - Regional companies, largest first](https://www.sectoralpha.in/sectors/realty-regional#all-companies)

### Companies close in size in other industries

1. [Rane (Madras) Ltd](https://www.sectoralpha.in/stocks/rane-madrasltd) ₹3,271 crore · Auto Ancillaries - Gears
2. [RattanIndia Enterprises Ltd](https://www.sectoralpha.in/stocks/rattanindia-enterprises-ltd) ₹3,261 crore · Miscellaneous
3. TARC Ltd ₹3,238 crore
4. [Deccan Gold Mines Ltd](https://www.sectoralpha.in/stocks/deccan-gold-mines-ltd) ₹3,217 crore · Mining/Minerals
5. [Pitti Engineering Ltd](https://www.sectoralpha.in/stocks/pitti-engineering-ltd) ₹3,212 crore · Capital Goods - Engineering General

## What else do people ask about TARC? ### What is TARC's share price today? TARC Ltd's share price is ₹112.96, −25.7% over the past year. The whole company is worth ₹3,325 Cr on the market. In the last 52 weeks it traded between ₹110 to ₹176; today it is 5% of the way up from the low, 14.5% below its 200-day average (as of 4 November 2026). ### What were TARC's latest quarterly results? TARC Ltd reported revenue of ₹217 Cr and net profit of ₹23.0 Cr for the Jun 2026 quarter. Revenue rose 185.5% and profit fell 57.4% compared with a year earlier. Earnings per share were ₹0.77. The operating margin was 19.0%, 178.0 percentage points higher than a year earlier (as of 4 November 2026). ### What is TARC's market cap? TARC Ltd's market capitalisation is ₹3,325 Cr at a share price of ₹112.96. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is TARC performing? TARC Ltd's share price has been falling for 34 weeks. In its latest quarter, revenue rose 185.5% and profit fell 57.4% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 3 weeks running (as of 4 November 2026). ### Will TARC's share price go up? This page does not forecast TARC Ltd's share price. What it shows instead: the share price is ₹112.96, and it has been falling for 34 weeks. Its P/E of 202.5× is higher than 87% of its own last 6 years (as of 4 November 2026). ### Who owns TARC? Promoters own 65.1% of TARC Ltd, foreign institutions 1.1%, domestic institutions 5.9% and the public 27.9% (latest quarter). The biggest change over the last two years: Domestic institutions raised their stake by 2.6 percentage points over 8 quarters (as of 4 November 2026). ### Where is TARC in its business cycle? TARC Ltd's FY26 operating margin was −48.0%, against a 7-year range of −395.0% to 44.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 19.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the TARC story? The main question: results are strong, and the P/E is higher than 87% of its own history. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is TARC a stock worth studying right now? What the numbers show: TARC Ltd's results are improving, and its P/E is near the top of its own history, higher than 87% of past readings. The main open question: whether earnings grow enough to match the multiple. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ## Lists

- 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india
- Real estate, REIT & cement: https://www.sectoralpha.in/sectors/real-estate-stocks-india

This is research, not advice. We’re not SEBI-registered.