Tarmat
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Tarmat Ltd shareholders rejected the reappointment of Amit Atmaram Shah as executive director and key managerial personnel at the 41st annual general meeting on 30 September 2026. About 88.82% of votes were cast against the special resolution for a further three-year term from 1 October 2026, and Shah ceased to hold the post at the close of business on 30 September. The board had approved the three-year reappointment on 14 August 2026 alongside proposals for Managing Director Dilip Varghese and other officials. Tarmat is a single-segment construction company focused on airfield runway and airside works and highway projects, and reported consolidated revenue of ₹117.37 crore with profit after tax of ₹6.24 crore in the year to March 2026. Revenue was ₹35.81 crore with profit of ₹1.53 crore in the June quarter. Promoter holding stood at 29.05% of ₹25.06 crore paid-up capital.
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Tarmat Ltd shareholders rejected the reappointment of Amit Atmaram Shah as executive director and key managerial personnel at the 41st annual general meeting on 30 September 2026. About 88.82% of votes were cast against the special resolution for a further three-year term from 1 October 2026, and Shah ceased to hold the post at the close of business on 30 September. The board had approved the three-year reappointment on 14 August 2026 alongside proposals for Managing Director Dilip Varghese and other officials. Tarmat is a single-segment construction company focused on airfield runway and airside works and highway projects, and reported consolidated revenue of ₹117.37 crore with profit after tax of ₹6.24 crore in the year to March 2026. Revenue was ₹35.81 crore with profit of ₹1.53 crore in the June quarter. Promoter holding stood at 29.05% of ₹25.06 crore paid-up capital.
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April 8 (Reuters) - Tarmat Ltd TARM.NS:
INCORPORATED SUBSIDIARY TARMAT (PMB) ENGINEERING WORKS
Source text: ID:nBSE1NP6vT
Further company coverage: TARM.NS
(([email protected];;))
April 8 (Reuters) - Tarmat Ltd TARM.NS:
INCORPORATED SUBSIDIARY TARMAT (PMB) ENGINEERING WORKS
Source text: ID:nBSE1NP6vT
Further company coverage: TARM.NS
(([email protected];;))
Nov 8 (Reuters) - Tarmat Ltd TARM.NS:
GETS LETTER OF INTENT FOR 335.3 MILLION RUPEES
Source text: ID:nNSE7lWm92
Further company coverage: TARM.NS
(([email protected];;))
Nov 8 (Reuters) - Tarmat Ltd TARM.NS:
GETS LETTER OF INTENT FOR 335.3 MILLION RUPEES
Source text: ID:nNSE7lWm92
Further company coverage: TARM.NS
(([email protected];;))
Oct 24 (Reuters) - Tarmat Ltd TARM.NS:
GOT ORDER WORTH 239.1 MILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: TARM.NS
(([email protected];;))
Oct 24 (Reuters) - Tarmat Ltd TARM.NS:
GOT ORDER WORTH 239.1 MILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: TARM.NS
(([email protected];;))
** Shares of infrastructure firm Tarmat TARM.NS rise an exchange-allowed maximum of 5% to 88.36 rupees
** Co gets work order worth 1.4 bln rupees ($16.7 mln) in JV with Maharashtra State Infrastructure Development
** Stock set for second straight session of gains
** TARM down 5.1% YTD
($1 = 83.8360 Indian rupees)
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected];))
** Shares of infrastructure firm Tarmat TARM.NS rise an exchange-allowed maximum of 5% to 88.36 rupees
** Co gets work order worth 1.4 bln rupees ($16.7 mln) in JV with Maharashtra State Infrastructure Development
** Stock set for second straight session of gains
** TARM down 5.1% YTD
($1 = 83.8360 Indian rupees)
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected];))
Sept 16 (Reuters) - Tarmat Ltd TARM.NS:
GETS ORDER WORTH 1.39 BILLION RUPEES
Source text for Eikon: ID:nBSE5DjMkC
Further company coverage: TARM.NS
(([email protected];;))
Sept 16 (Reuters) - Tarmat Ltd TARM.NS:
GETS ORDER WORTH 1.39 BILLION RUPEES
Source text for Eikon: ID:nBSE5DjMkC
Further company coverage: TARM.NS
(([email protected];;))
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Popular questions
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What does Tarmat do?
Tarmat Limited is an infrastructure construction company specializing in building Highways and Runways. Based in Mumbai, they operate in multiple states and are known for their quality management system. They primarily undertake government-sponsored projects.
Who are the competitors of Tarmat?
Tarmat major competitors are Sadbhav Engineering, Udayshivakumar Infra, Noida Toll Bridge Co, Rachana Infrastruct., IL&FS Trans &Network, RKEC Projects, Gayatri Projects. Market Cap of Tarmat is ₹136 Crs. While the median market cap of its peers are ₹63 Crs.
Is Tarmat financially stable compared to its competitors?
Tarmat seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Tarmat pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Tarmat latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Tarmat allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments
How strong is Tarmat balance sheet?
Balance sheet of Tarmat is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Tarmat improving?
Yes, profit is increasing. The profit of Tarmat is ₹7.08 Crs for TTM, ₹6.24 Crs for Mar 2026 and ₹1.87 Crs for Mar 2025.
Is the debt of Tarmat increasing or decreasing?
The net debt of Tarmat is decreasing. Latest net debt of Tarmat is -₹24.53 Crs as of Mar-26. This is less than Mar-25 when it was -₹9.27 Crs.
Is Tarmat stock expensive?
Tarmat is not expensive. Latest PE of Tarmat is 19.24, while 3 year average PE is 31.97. Also latest EV/EBITDA of Tarmat is 15.86 while 3yr average is 64.66.
Has the share price of Tarmat grown faster than its competition?
Tarmat has given better returns compared to its competitors. Tarmat has grown at ~-14.7% over the last 3yrs while peers have grown at a median rate of -24.46%
Is the promoter bullish about Tarmat?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 29.11% and last quarter promoter holding is 29.05%.
Are mutual funds buying/selling Tarmat?
There is Insufficient data to gauge this.