Tarmat Ltd Stock Price Today (NSE: TARMAT)
Fundamental Score
Tarmat Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Tarmat Ltd share price today is ₹51.99, up +0.43% on NSE/BSE as of 8 June 2026. Tarmat Ltd (TARMAT) is a Small-cap company in the Civil Construction sector with a market capitalisation of ₹133.86 (Cr). The 52-week high for TARMAT share price is ₹73.90 and the 52-week low is ₹46.26. At a P/E ratio of 43.75x, TARMAT is currently trading above its industry average P/E of 18.93x. The company has a Return on Equity (ROE) of 0.92% and a debt-to-equity ratio of 0.06.
Tarmat Ltd Share Price Chart — NSE/BSE Historical Performance
Tarmat Ltd share price chart: -3.22% return over the past month. 52-week high ₹73.90, 52-week low ₹46.26.
Tarmat Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹52.39 | ₹52.39 | ₹51.02 | ₹51.95 | 2.37K (Cr) | |
| ₹53.45 | ₹53.45 | ₹51.77 | ₹52.40 | 5.57K (Cr) | |
| ₹53.00 | ₹53.00 | ₹50.62 | ₹51.76 | 9.02K (Cr) | |
| ₹52.05 | ₹52.47 | ₹51.10 | ₹52.00 | 5.13K (Cr) | |
| ₹52.35 | ₹52.90 | ₹51.07 | ₹51.79 | 3.19K (Cr) | |
| ₹50.00 | ₹53.65 | ₹50.00 | ₹52.09 | 9.31K (Cr) | |
| ₹53.50 | ₹53.50 | ₹52.25 | ₹52.56 | 4.08K (Cr) | |
| ₹51.20 | ₹52.95 | ₹50.01 | ₹52.64 | 9.99K (Cr) | |
| ₹52.30 | ₹52.30 | ₹51.00 | ₹51.20 | 2.15K (Cr) | |
| ₹52.00 | ₹52.50 | ₹50.40 | ₹51.14 | 6.79K (Cr) |
Tarmat Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹53.45 | ₹53.45 | ₹51.02 | ₹51.95 | -2.81% | |
| ₹52.10 | ₹53.77 | ₹50.00 | ₹51.76 | -0.65% | |
| ₹50.48 | ₹56.90 | ₹50.48 | ₹52.81 | +4.62% | |
| ₹67.00 | ₹73.70 | ₹48.41 | ₹50.48 | -24.66% | |
| ₹52.30 | ₹73.90 | ₹51.02 | ₹71.14 | +36.02% | |
| ₹50.81 | ₹54.94 | ₹46.26 | ₹53.30 | +4.90% | |
| ₹53.54 | ₹56.58 | ₹50.61 | ₹50.80 | -5.12% | |
| ₹52.60 | ₹54.39 | ₹49.72 | ₹52.89 | +0.55% | |
| ₹51.10 | ₹58.85 | ₹49.90 | ₹51.55 | +0.88% | |
| ₹50.18 | ₹55.76 | ₹47.72 | ₹50.81 | +1.26% | |
| ₹55.50 | ₹59.70 | ₹49.23 | ₹50.16 | -9.62% | |
| ₹55.14 | ₹64.90 | ₹51.60 | ₹54.85 | -0.53% |
AI Research Briefing
Powered by Gemini · 2026-04-08
Overvalued micro-cap civil construction company with negative 5-year growth and significant execution risks.
WHAT'S HAPPENING NOW
Tarmat Ltd's trading window closed on March 25, 2026, ahead of the Q4 FY26 results, a routine measure to prevent insider trading. MarketsMOJO downgraded Tarmat to 'Sell' amidst mixed financials and technical signals on March 31, 2026.
CORE STORY
Micro-cap civil construction play, heavily reliant on government spending and infrastructure projects. Market perception is shifting negatively due to rising material costs and mixed financial signals.
- Trading window closed ahead of Q4 FY26 results
- Downgraded to 'Sell' by MarketsMOJO
- Rising material costs impacting construction sector
- Significant order wins
- Sharp reduction in raw material prices
- Improved execution and working capital management
- Micro/SME cap liquidity risk
- Negative 5-year Sales, Profit, and EPS CAGR [cite: brief]
- High P/E ratio compared to industry [cite: brief]
Promoter holding decreased by 1.19%, FII holding decreased by 1.14% [cite: brief]
Rising material costs due to geopolitical instability pose a headwind
Profit not consistently converting to cash; Free Cash Flow 5Y: ₹7.33 Cr [cite: brief]
Near-term profitability depends on efficient execution and stable raw material prices. Long-term growth is uncertain given negative historical growth rates.
Primary Thesis Risk
Rising raw material costs and poor execution can wipe out profitability.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Tarmat Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Tarmat Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of TARMAT across key market metrics for learning purposes.
Positive Indicators
4 factors identified
Robust Profit Growth (256.10%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Strong Revenue Growth (45.60%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential.
Conservative Debt Levels (D/E: 0.06)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
10 factors identified
Below-Average Return on Equity (0.92%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Suboptimal ROCE (1.55%)
Observation: Returns on capital employed are below expectations.
Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.
Margin Pressure Concerns (3.10%)
Observation: Operating margins are below industry standards.
Analysis: OPM <5% may indicate pricing pressures or cost management challenges.
Premium Valuation Risk (P/E: 43.75x)
Observation: High valuation multiples may limit upside potential.
Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.
Limited Growth History (-18.18% CAGR)
Observation: Below-average 5-year sales growth trajectory.
Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.
Weak Earnings Growth (-35.36% CAGR)
Observation: Below-average 5-year EPS growth performance.
Analysis: Low EPS growth may not keep pace with inflation.
Stagnant Profit Growth (-27.25% CAGR)
Observation: Limited 5-year profit growth trajectory.
Analysis: Low profit growth may indicate scalability challenges or market maturity.
Low Promoter Commitment (28.64%)
Observation: Reduced promoter stake may indicate limited confidence.
Analysis: Low promoter holding may raise questions about management commitment.
Limited Institutional Interest (FII+DII: 1.80%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
No Dividend Distribution
Observation: Company does not currently pay dividends to shareholders.
Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.
Tarmat Ltd vs Civil Construction Peers
Peer Comparison - Civil Construction
Compare Tarmat Ltd with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Tarmat LtdTarmat Ltd...Selected✓ TARMAT • 532869 | 22.8/100 | ₹51.99₹52 | ₹133.86₹133.86 | 43.75Average 43.8 Average | 0.92%Poor 0.92% Poor | 1.55%Poor 1.55% Poor | 0.06Excellent 0.1 Excellent | -27.25%Poor -27.25% Poor | -18.18%Poor -18.18% Poor | 0.00% |
Larsen & Toubro LtdLarsen & Toubro... LT • 500510 | 35.9/100 | ₹4047.50₹4048 | ₹560453.09₹560453.09 | 34.87Average 34.9 Average | 16.55%Good 16.55% Good | 14.49%Average 14.49% Average | 1.32Average 1.3 Average | 9.73%Good 9.73% Good | 11.95%Good 11.95% Good | 0.83% |
Rail Vikas Nigam LtdRail Vikas Niga... RVNL • 542649 | 34.9/100 | ₹252.30₹252 | ₹67085.37₹67085.37 | 59.08Average 59.1 Average | 14.01%Average 14.01% Average | 14.72%Average 14.72% Average | 0.52Good 0.5 Good | 11.11%Good 11.11% Good | 6.52%Good 6.52% Good | 0.53% |
Nbcc India LtdNbcc India Ltd... NBCC • 534309 | 60.3/100 | ₹99.10₹99 | ₹31859.97₹31859.97 | 47.71Average 47.7 Average | 25.54%Excellent 25.54% Excellent | 33.17%Excellent 33.17% Excellent | 0.00Excellent 0.0 Excellent | 51.02%Excellent 51.02% Excellent | 8.28%Good 8.28% Good | 0.57% |
24.4/100 | ₹21.69₹22 | ₹26046.27₹26046.27 | 29.75Average 29.8 Average | 5.91%Poor 5.91% Poor | 7.82%Poor 7.82% Poor | 1.02Average 1.0 Average | 7.82%Good 7.82% Good | 2.13%Average 2.13% Average | 0.70% | |
29.9/100 | ₹1274.40₹1274 | ₹20171.65₹20171.65 | 24.57Average 24.6 Average | 9.96%Poor 9.96% Poor | 15.95%Good 15.95% Good | 0.69Good 0.7 Good | 8.45%Good 8.45% Good | 11.98%Good 11.98% Good | 0.76% | |
Kec International LtdKec Internation... KEC • 532714 | 48.5/100 | ₹502.50₹503 | ₹18483.64₹18483.64 | 27.06Average 27.1 Average | 12.02%Average 12.02% Average | 17.98%Good 17.98% Good | 0.94Good 0.9 Good | 0.06%Average 0.06% Average | 12.80%Good 12.80% Good | 0.79% |
Afcons Infrastructure LtdAfcons Infrastr... AFCONS • 544280 | 14.1/100 | ₹318.05₹318 | ₹15033.09₹15033.09 | 29.93Average 29.9 Average | 11.06%Average 11.06% Average | 19.59%Good 19.59% Good | 0.66Good 0.7 Good | 14.18%Good 14.18% Good | 4.78%Average 4.78% Average | 0.61% |
Ircon International LtdIrcon Internati... IRCON • 541956 | 30.2/100 | ₹139.66₹140 | ₹14995.61₹14995.61 | 24.97Average 25.0 Average | 11.33%Average 11.33% Average | 11.60%Average 11.60% Average | 0.80Good 0.8 Good | 8.27%Good 8.27% Good | 14.82%Good 14.82% Good | 1.66% |
ITD Cementation India LtdITD Cementation... CEMPRO • 509496 | 60.7/100 | ₹992.95₹993 | ₹14797.54₹14797.54 | 33.22Average 33.2 Average | 21.78%Excellent 21.78% Excellent | 27.64%Excellent 27.64% Excellent | 0.48Excellent 0.5 Excellent | 37.51%Excellent 37.51% Excellent | 26.03%Excellent 26.03% Excellent | 0.23% |
Techno Electric & Engineering Co LtdTechno Electric... TECHNOE • 542141 | 66.3/100 | ₹1072.60₹1073 | ₹13872.92₹13872.92 | 31.14Average 31.1 Average | 12.81%Average 12.81% Average | 16.54%Good 16.54% Good | 0.02Excellent 0.0 Excellent | 18.85%Excellent 18.85% Excellent | 21.09%Excellent 21.09% Excellent | 0.75% |
Top Civil Construction Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Larsen & Toubro Ltd share price560453.09 Cr
- Rail Vikas Nigam Ltd share price67085.37 Cr
- Nbcc India Ltd share price31859.97 Cr
- IRB Infrastructure Developers Ltd share price26046.27 Cr
- Kalpataru Projects International Limited share price20171.65 Cr
Tarmat Ltd PE Ratio History
Historical price-to-earnings ratio for TARMAT — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2023 | ₹2.37 | ₹93.15 | 39.3x |
| FY 2022 | ₹2.15 | ₹55.35 | 25.7x |
| FY 2021 | ₹3.86 | ₹71.95 | 18.6x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Tarmat Ltd Quarterly Performance
Latest quarterly metrics for TARMAT — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
45.60%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
256.10%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
-18.18%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
-27.25%
Compounded annual net profit growth over 5 years
Tarmat Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for TARMAT — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Tarmat Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Tarmat Ltd (TARMAT) — sourced from NSE/BSE filings.
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About TARMAT (Tarmat Ltd)
Tarmat Ltd is a formidable presence in the civil construction sector, recognized for its expertise in crafting robust and enduring infrastructure solutions. Specializing in technic...ally demanding projects, Tarmat builds critical transport arteries and vital infrastructure components across the nation. From sprawling national highways that connect distant regions to meticulously engineered airfield pavements capable of withstanding extreme aircraft loads, the company consistently delivers high-quality results. Tarmat's commitment to innovation and precision has established its reputation as a trusted partner in nation-building, tackling complex construction challenges with skill and determination. The company's projects stand as testaments to its unwavering dedication to excellence, shaping the landscape of India's transportation networks and strategic infrastructure. Beyond highways and airfields, Tarmat Ltd expands its construction activities to other key areas, contributing to a diversified portfolio of infrastructure development. They construct specialized facilities such as railway infrastructure and large-scale industrial zones, bolstering the nation's logistics and manufacturing capabilities. Furthermore, Tarmat also actively participates in the development of crucial port infrastructure, enabling smoother trade and economic growth. Their versatility extends to real estate projects, where they leverage their construction expertise to create modern and sustainable living spaces. This broad range of project involvement reflects Tarmat's adaptability and commitment to serving various facets of India's evolving infrastructural needs, contributing to sustainable and comprehensive growth. Tarmat Ltd distinguishes itself by providing comprehensive engineering, procurement, and construction (EPC) services, ensuring seamless project execution from inception to completion. This integrated approach enables Tarmat to maintain strict control over quality, timelines, and budget, delivering efficient and cost-effective solutions for its clients. The company's dedicated team of engineers, project managers, and skilled workers bring extensive experience and technical expertise to every project. Leveraging state-of-the-art equipment and innovative construction techniques, Tarmat guarantees projects are completed to the highest standards. Their unwavering focus on customer satisfaction and commitment to sustainable practices solidifies Tarmat's position as a leading player in the dynamic civil construction industry.
Company Details
Key Leadership
Corporate Events
TARMAT Share Price: Frequently Asked Questions
What is the current share price of Tarmat Ltd?
Tarmat Ltd (TARMAT) trades at ₹51.99 on NSE and BSE. Market cap ₹133.86 (Cr). Educational data only.
What is the P/E ratio of Tarmat Ltd?
Tarmat Ltd has a P/E of 43.75x vs industry average 18.93x.
What is the Bull Run score for Tarmat Ltd?
Tarmat Ltd has a Bull Run score of 22.8/100 based on 25+ financial parameters.
Does Tarmat Ltd pay dividends?
Tarmat Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.
What is the ROE of Tarmat Ltd?
Tarmat Ltd has ROE of 0.92%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Tarmat Ltd?
Tarmat Ltd has debt-to-equity of 0.06.
Is Tarmat Ltd a good investment?
Bull Run gives Tarmat Ltd a score of 22.8/100. This is not investment advice — consult a SEBI-registered advisor.