Notes / Company

Tarmat Ltd.

TARMAT BSE 532869 ISIN INE924H01018 Engineering - Construction

Fundamentals

Market cap: ₹128 cr
P/E: 20.44×
ROE: 1.08%
Debt / equity: 0.06
52-week range: 46.26 — 73.90

Research on Tijori Finance

Company snapshot

Tarmat Ltd.

Infrastructure

₹126 cr

P/E 20.24×

Latest quarter · Mar 2026

Sales₹42 cr

Net profit₹3 cr

Op. margin+6.8%

EPS₹1.18

Strength & growth

Debt / equity0.06×

Current ratio3.59×

Sales CAGR+2.4%

EPS CAGR+8.1%

The timeline — 1 note on Tarmat Ltd.

May 2026

30 May 26 · 6:13 PM IST Brief

Brief · Earnings · Micro cap

Tarmat profit jumps on higher revenue; auditors flag same JV stake for third year

Annual profit rose to ₹655.62 lakhs from ₹186.90 lakhs, but the audit opinion carries the same qualification it has since FY2022-23 over a liquidated partner's investment.

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