TARC Limited has informed the Exchange about Investor Presentation
srz TnrN TARC
To, The Vice President, National Stock Exchange of India Limited, Exchange Plaza" Bandra Kurla Complex, Bandra (E) Mumbai - 400051
Scrip Symbol: TARC
November 11,2025
To, The General Manager. Deptt of Corporate Seivices, BSE Limited, P.J. Tower, Dalal Street, Mumbai - 400001
Equity Scrip code: 543249 Debt Scrip Code: 976606
Sub.: Investor Presentation
Dear Sir / Madam,
Fursuant to provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations
2015, please frnd enclosed a copy of Investor Presentation for your information and record.
Thanking You
For TARC Limited
Amit Narayan Company Secretary 420094
TARC LIMITED CIN: 17O10OD12016P1C390526
Registered Office:2"d Floor, C-3, Qutab lnsttutional Area Katwaria Sarai, New Delhi - 110016. wwwlarc.in I tarc@tarc.in | +O11 4124 43AO
Investor presentation | Q2FY26
DIFFERENTIATED LUXURY. CURATED RESIDENCES.
Rendered Image – TARC KAILASA
TARC – A Luxury Experience
Luxury
Residential
New Delhi & Gurugram Area of focus
₹7,700+cr.
Ongoing Developments GDV
₹6,000+cr.
~₹10,000 cr.
Bookings achieved in ongoing Developments
Developments being finalized
GDV
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INVESTOR PRESENTATION | Q2 FY26
H1 FY26 HIGHLIGHTS
04
SALES & OPERATIONS
DISCOVER TARC
PROJECT PORTFOLIO
FINANCIAL HIGHLIGHTS
07
10
19
29
Actual image – TARC Ishva Sample Apartment
TARC LIMITED
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INVESTOR PRESENTATION | Q2 FY26
Business Highlights H1FY26
Operational Performance Achieved gross sales amounting to ₹565 crore and sales collections of ₹365 crores.
Financial Performance Total Income of ₹329.5 crore with a net profit of ₹38.4 crore.
Liquidity Total business cash inflow of ₹652 crore comprising of collection from project sales and land receipts.
Business Development Received approvals for upcoming Developments in New Delhi and Gurugram paving path for our next set of projects
Project Under Execution TARC Tripundra, New Delhi – Approaching delivery. TARC Kailasa, New Delhi - Phase 1 Sold, Phase II approaching launch TARC Ishva, Gurugram – Phase 1 nearly sold Margins Significant margins to start getting recognized from this year with delivery of developments
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Actual Image – TARC Ishva Experience Center
INVESTOR PRESENTATION | Q2 FY26
Building Blocks of Long-Term Value
Focused Luxury Developer
Proven Legacy & Brand Equity
Concentrated on high-margin, cash-generative luxury residential projects
Over four decades of real estate expertise, anchored in trust, design excellence and transparent governance.
Strategic Land Bank
Fully owned land parcels across marquee locations providing unmatched development flexibility and scalability.
Sustained Growth Visibility
Robust sales momentum across TARC Tripundra, TARC Kailasa and TARC Ishva with strong cash flow visibility from ongoing and the upcoming launches.
Value Creation Focus
Continued emphasis on thoughtful design, disciplined execution and customer satisfaction to deliver enduring stakeholder value.
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INVESTOR PRESENTATION | Q2 FY26
H1 FY26 HIGHLIGHTS
04
SALES & OPERATIONS
07
DISCOVER TARC
PROJECT PORTFOLIO
FINANCIAL HIGHLIGHTS
10
19
29
Actual image – TARC Ishva Experience Center
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INVESTOR PRESENTATION | Q2 FY26
Sales Performance
Project
Tripundra
Kailasa
Ishva
Total
Total GDV* (₹ Crores)
Balance to be collected (₹ Crores)
Collections in H1FY26 (₹ Crores)
1,000
4,000
2700
7,700
500
3,600
2,300
6,400
101
49
215
365
* Approximate
❑ Achieved significant sales across luxury residential projects, underscoring strong demand and buyer confidence in TARC’s differentiated
offerings.
❑ Improved average realization per square foot in H1 FY26 > Reflecting brand strength, superior product positioning and sustained market
traction for Distinguished products.
❑ Demonstrated disciplined execution with substantial area sold and strong presales-to-GDV conversion, ensuring revenue visibility across
ongoing developments.
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INVESTOR PRESENTATION | Q2 FY26
Strategic Roadmap
Strong Sales Efficient Delivery
Value Creation
Consistently Growing
Robust Sales Efficient Delivery
Cashflow
Customer Centricity
Luxury Residential
Net Cash Positive Industry Leading ROI
Responsible Development Community Wellbeing
Positioning
Financials
Sustainability
Owned & Fully Paid Strategically Located
Land Bank
Strong Brand Equity Design Precision Luxury Differentiated
Luxury/Ultra Luxury Offering + Land @ Historical Cost = High Margin
Talent Depth Diversity
Strong Team
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INVESTOR PRESENTATION | Q2 FY26
H1 FY26 HIGHLIGHTS
SALES & OPERATIONS
04
07
DISCOVER TARC
10
Actual image – TARC Ishva Sample Apartment
PROJECT PORTFOLIO
FINANCIAL HIGHLIGHTS
19
29
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INVESTOR PRESENTATION | Q2 FY26
Our Philosophy: Integration | Ideation | Execution | Aesthetics
Our Horizon
Our Mission
Our Vision
To craft spaces that thoughtfully blend India's timeless legacy, grandeur and values with contemporary aesthetics.
To create enduring value through curating experiential living. We strive to transform urban lifestyles by empowering people to actualize and experience their lives more meaningfully.
Unlocking human potential by bringing seamless, wholesome living to life.
Our Core values
Sustainability and Social Responsibility At TARC, our commitment to sustainability and social responsibility extends to our moral values, where we prioritize ethical business practices, transparency and integrity. Our decisions are guided by a dedication towards environmental stewardship and community well-being.
Integrity and Transparency At the heart of our company’s mission is a deep reverence for India’s lavish legacy. Trust, transparency and excellence are the cornerstones of every endeavor we undertake.
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Innovation and Adaptability Our moral values seamlessly integrate with our tenets of innovation and adaptability. Our capacity to adapt to evolving landscapes is driven by a steadfast moral compass, allowing us to pioneer forward-thinking and luxurious real estate solutions that benefit our clients' communities.
INVESTOR PRESENTATION | Q2 FY26
INSPIRED BY INDIA
THOUGHTFUL
INTEGRATION We aspire to seamlessly merge India’s profound legacy, grandeur and values with modern design principles.
AMBITIOUS
IDEATION Our broad vision encompasses large- scale conceptualization, laying the groundwork for distinctive real estate landmarks.
RIGOROUS
EXECUTION We approach each development passionately, ensuring every detail is attended to with precision and perfection.
CONTEMPORARY
AESTHETICS While we honor reverence for India’s rich history, our designs firmly root themselves in contemporary aesthetics, appealing to today’s discerning clientele.
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INVESTOR PRESENTATION | Q2 FY26
Product – Market Offerings
Every TARC development is envisioned through the lens of Differentiated Luxury Curated Residences, a philosophy that places individuality, quality and customer experience at its core.
Experiential Living
Experiential Living at TARC Tripundra means more than a residence—it’s a thoughtfully designed lifestyle where spaces, experiences and community converge to enrich how you live every day.
Large Format Residences
A generously sized sanctuary, TARC Kailasa, crafted for spacious living, where expansive layouts, elevated amenities and private access converge to define a lifestyle of refined scale.
Four-Side Open Residences
Homes that breathe from all sides, bathed in light and air, offering panoramic views, privacy and wellness-driven design in one seamless experience, TARC Ishva.
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INVESTOR PRESENTATION | Q2 FY26
Focused Markets
Key Milestones
s e g a m
I
d e r e d n e R
2022
2023 & 2024
2025
•
•
Collaborated with US private investment firm Bain Capital.
Forayed into Luxury Residential with TARC TRIPUNDRA in New Delhi as our first development.
• •
•
Delivered TARC MACEO Launched TARC KAILASA Luxury Residential Development. Kailasa 1.0 sold-out.
•
•
•
Launched TARC ISHVA our first luxury residential development in Gurugram. Refinanced the borrowings specific to projects at substantial lower cost with Banks and NBFCs. Geared up to launch our next phase of projects
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Q1 FY26 INVESTOR PRESENTATION | Q2 FY26
Board Of Directors
Mr. Amar Sarin Managing Director & CEO
The driving force at TARC Limited. Possesses the commitment and passion to lead the team with a well-defined strategy that steers the organisation’s vision and develops capabilities for planning, finding solutions, and delegating.
Mr. Anil Sarin Founder & Chairman
Has invaluable experience and vision, which helped transform a modest construction enterprise of the 70s into an all-embracing luxury real estate development Company, TARC Limited.
Ms. Muskaan Sarin Whole Time Director & Chief Brand Officer
Leads the marketing, branding, and customer-centric culture of TARC Limited, playing a key role in the company’s visibility and outreach, as well as interactions with the company’s new and old patrons.
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INVESTOR PRESENTATION | Q2 FY26
Board Of Directors
Mr. Jyoti Ghosh Independent Director
Retired as the Managing Director of State Bank of Bikaner and Jaipur. Presently, contributes expertise as a lecturer at Bandhan School of Development and Management, Rajpur.
Mr. Miyar Ramanath Nayak Independent Director B.Com and C.A. L.L.B., held offices as General Manager, HO of Corporation Bank, and as Executive Director of Allahabad Bank.
Ms. Bindu Acharya Independent Director
Retired banker with 32+ years of experience in banking and finance, ex Deputy General Manager (DGM) at State Bank of India.
Mr. Ambarish Chatterjee Independent Director
Fellow member of the Institute of Company Secretaries of India. He has over 40 years of post-qualification experience in economic and corporate legislation.
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INVESTOR PRESENTATION | Q2 FY26
Above & Beyond
CHALLENGING IDEAS
CREATING BUZZ ON SOCIAL
TARC EVENTS
TARC x Aston Martin Vantage Where timeless craftsmanship meets modern luxury. An evening celebrating design, detail & distinction. Inspired by India, Driven by Excellence. Date: 21st & 22nd June 2025
TARC x Jai Madan - a collaboration that resonated with over a million viewers.
TARC x FERRARI A collaboration that celebrates precision, performance and the pursuit of perfection. Where iconic design meets modern living creating an experience defined by velocity and vogue Date: 12th July 2025
Experience-led design that captures the lifestyle from 6 AM to 12 AM, the TARC Tripundra way.
AWARDS & ACCOLADES
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INVESTOR PRESENTATION | Q2 FY26
Driving meaningful conversations on sustainability through engaging digital storytelling.
TARC Ishva – The Canvas of Modern Luxury An evening of art, design and jazz at the TARC Ishva Experience Gallery, in collaboration with Palette Art Gallery celebrating culture and elevated living. Date: 31st August 2025
Awards & Recognitions
Forbes India Development A List Award Category : A-List Developer TARC Limited Year: 2025
The Economic Times Real Estate Awards 2025 Category : Residential Project - Ultra Premium Project Name : TARC Ishva Year: 2025
Asia One Awards Category : India’s Greatest Brands 2023-24 Project Name : TARC Kailasa Year: 2024
Times Realty & Infrastructure Conclave 2024 Category : Luxury Project of the Year Project Name : TARC Kailasa Year: 2024
Hindustan Times Real Estate Titans Category : Iconic Super Luxury Project Project Name : TARC Kailasa Year: 2024
H1 FY26 HIGHLIGHTS
SALES & OPERATIONS
DISCOVER TARC
PROJECT PORTFOLIO
FINANCIAL HIGHLIGHTS
Actual image – TARC Ishva Experience Center
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07
10
19
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INVESTOR PRESENTATION | Q2 FY26
Development Highlights
DEVELOPMENTS
63 A, Gurugram
s e g a m
I
d e r e d n e R
Launch Period
Plot Area
Q3 FY2023
Artistic Impression
~ 3 acres
Q4 FY2024
Artistic Impression
~ 6 acres
Saleable Area (Feet)*
~5,00,000
~17,00,000
Q2 FY2025
Artistic Impression
~ 7 acres
~13,50,000
Sales Potential*
~ ₹ 1,000 crore
~ ₹ 4,000 crore
~ ₹ 2,700 crore
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* Approximate
INVESTOR PRESENTATION | Q2 FY26
TARC LIMITED
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Rendered Images INVESTOR PRESENTATION | Q2 FY26
TARC Tripundra, an IGBC Gold-certified development, is a luxury residential development offering contemporary international design and architecture and a curated clubhouse and recreation zones.
DEVELOPMENT High end luxury residential development with 3 & 4 bedroom apartments.
AMENITIES
Wellness and Fitness Amenities – Cycling tracks, Yoga Centre, Gym, Swimming pools, Sauna & Spa
Family and Lifestyle Facilities - Kids’ Play Areas, Gaming Zone, Exclusive Theatre, Pet Grooming Centre
Nature and Creative Spaces - Zen Garden, Pottery Barn, Organic Garden
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INVESTOR PRESENTATION | Q2 FY26
Actual Images
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INVESTOR PRESENTATION | Q2 FY26
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Rendered Images INVESTOR PRESENTATION | Q2 FY26
TARC Kailasa, large format high-end luxury development located on Patel Road, New Delhi is designed to be an epitome of luxury offering customers all the conveniences of an ultra-luxurious lifestyle.
DEVELOPMENT Ultra luxury residential development with 3 & 4 Bedroom apartments.
AMENITIES Grand bespoke luxury club along with 7-tier security for an elite lifestyle
Private lift lobbies, large-format rooms, and architecture by Andy Fisher Workshop, Singapore
100% EV charging readiness, VRF climate control, and fully equipped modular kitchens with smart home systems
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INVESTOR PRESENTATION | Q2 FY26
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Rendered Images INVESTOR PRESENTATION | Q2 FY26
State-of-the-art luxury apartments. The development includes best-in-class amenities and is well-connected to malls, restaurants, hospitals, and schools, allowing for an ultra-luxurious lifestyle.
DEVELOPMENT A luxury residential development offering four side open residences.
AMENITIES World-Class Leisure & Wellness including an all-weather pool, cryosauna therapy, and a dedicated pickleball court
Gourmet Experiences with multi-cuisine fine dining curated by expert chefs for a truly global culinary journey
Sustainable Living Ecosystem with rainwater harvesting, waste management, and energy-efficient systems promoting environmental balance
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INVESTOR PRESENTATION | Q2 FY26
Construction Update
KAILASA
ISHVA
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INVESTOR PRESENTATION | Q2 FY26
H1 FY26 HIGHLIGHTS
SALES & OPERATIONS
DISCOVER TARC
PROJECT PORTFOLIO
04
07
10
19
Actual image – TARC Ishva Experience Center
FINANCIAL HIGHLIGHTS
29
TARC LIMITED
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INVESTOR PRESENTATION | Q2 FY26
Financials for Q2FY26
Particulars ₹ lakhs.
Q2 FY26
Q2 FY25
Change %
Half year FY26 Half year FY25
Change %
F.Y. 2024-25
Revenue
Add: Other Income
687.06
2,722.98
431.28
70.88
59.31%
8,276.54
1,252.76
560.66%
3,368.86
3741.68%
24,670.11
211.99
11537.39%
519.88
Total income
3,410.04
502.16
579.07%
32,946.65
1,464.75
2149.30%
3,888.74
Less: Direct Costs (incl change in inventory)
1,290.69
596.22
116.48%
1,934.65
1,498.18
29.13%
5,896.53
Less: Other expenses
2,960.29
2,275.38
30.10%
21,937.43
3,655.92
500.05%
10,769.41
EBITDA
(840.94)
(2,369.44)
EBITDA Margin (%)
-24.66%
-471.85%
Less: Depreciation
240.43
260.55
-64.51%
-94.77%
-7.72%
9,074.57
(3,689.35)
-345.97%
(12,777.20)
27.54%
-251.88%
-110.94%
-328.57%
481.23
422.52
13.90%
898.64
Less: Finance Costs
1,122.67
4,943.86
-77.29%
2,650.55
6,222.61
-57.40%
10,643.36
PBT
Less: Taxes
(2,204.04)
(7,573.85)
-70.90%
5,942.79
(10,334.48)
-157.50%
(24,319.20)
(627.45)
(837.71)
-25.10%
2,097.97
(530.63)
-495.37%
(1,190.35)
Reported PAT
(1,576.59)
(6,736.14)
-76.60%
3,844.82
(9,803.85)
-139.22%
(23,128.85)
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INVESTOR PRESENTATION | Q2 FY26
ESG Vision
n o i t a t n e s e r p e r
r o f
s e g a m
I
ENVIRONMENT
SOCIAL
GOVERNANCE
•
•
•
•
•
•
Committed to creating a strategy for Carbon Neutrality and Net Zero developments.
Concluding ESG framework for the organization.
Received IGBC Platinum Pre-certification for TARC ISHVA
Received IGBC Gold Pre-certification for TARC Tripundra.
Approaching IGBC Platinum rating for TARC Kailasa.
Committed to 100% Green certified residential portfolio
•
Committed to leading community development initiatives to improve the welfare and well-being of society.
• Working towards developing community spaces around the ongoing projects.
•
•
•
Provide educational support to children of employees.
The company has conscientiously moved to explore alternate energy resources.
TARC has adopted a No Single-Use Plastic Policy at the workplace.
•
Committed to growing ethically with transparency and accountability built at the core.
• Working towards finalizing Risk Management Framework, Robust policies, procedures, and Internal Controls with active oversight, being revisited and updated as and when required.
•
•
Ensure the highest level of transparency and accountability through timely disclosures.
Attract and retain the best talent and motivate employees to work with an ethical company.
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INVESTOR PRESENTATION | Q2 FY26
Rendered Image – TARC Ishva
Rendered Image – TARC Tripundra Rendered Image – TARC Tripundra
Thank You
FOR MORE INFORMATION, CONTACT
ANKUSH VIJAN, Investor Relations, TARC Limited investors@tarc.in 011 41244311
Investor Relations Advisors ADFACTORS PR PVT. LTD. Mr. Sumit Kinikar / Parth Chauhan sumit.kinikar@adfactorspr.com parth.chauhan@adfactorspr.com
Disclaimer:this presentation contains certain forward-looking statements concerning tarc’s future business prospects and business profitability, which are subject to several risks and uncertainties & the actual results could materially differ from those in such forward-looking statements. The risks and uncertainties relating to such statements include but are not limited to, earnings fluctuations, our ability to manage growth, competition, economic growth in india, ability to attract & retain highly skilled professionals, time & cost overruns on contracts, government policies and actions related to investments, regulation & policies etc., Interest & other fiscal policies generally prevailing in the economy. The company does not undertake to make any announcements in case any of these forward-looking statements become incorrect in future or update any forward-looking statements made from time to time on behalf of the company.