TARC Ltd
TARC Q2 FY26: Revenue ₹565 Cr, EBITDA margin 24.66%
Q2 FY26 investor presentation: what the company reported on revenue, margins and projects.
Based on TARC Ltd's Q2 FY26 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.
The short version
Q2 FY26 Revenue: ₹687.06 lakhs, up 59.31% from ₹431.28 lakhs in Q2 FY25 - Half Year Revenue: ₹8,276.54 lakhs, up 560.66% from ₹1,252.76 lakhs in H1 FY25 - Total Income Q2 FY26: ₹3,410.04 lakhs, up 579.07% YoY - Total Income Half Year FY26: ₹32,946.65 lakhs, up 2149.30% YoY - Gross Sales (H1 FY26): ₹565 crores - Sales Collections (H1 FY26): ₹365 crores - Project Sales GDV: - Tripundra: ₹1,000 crores (₹101 crores collections in H1 FY26) - Kailasa: ₹4,000 crores (₹49 crores collections) - Ishva: ₹2,700 crores (₹215 crores collections) - Revenue Outlook: Significant margin recognition expected starting FY26 from project deliveries. EBITDA Q2 FY26: -₹840.94 lakhs, improved by 64.51% from -₹2,369.44 lakhs in Q2 FY25 - EBITDA Margin Q2 FY26: -24.66%, improved significantly from -471.85% in Q2 FY25 - Profit After Tax (PAT) Q2 FY26: -₹1,576.59 lakhs, improved 76.60% from -₹6,736.14 lakhs in Q2 FY25 - No explicit operating margin or EBITDA margin outlook is stated in the presentation on the pages reviewed.
From TARC Ltd's Q2 FY26 earnings-call transcript · updated 25 Sept 2026.
Revenue & Sales Performance
- Q2 FY26 Revenue: ₹687.06 lakhs, up 59.31% from ₹431.28 lakhs in Q2 FY25
- Half Year Revenue: ₹8,276.54 lakhs, up 560.66% from ₹1,252.76 lakhs in H1 FY25
- Total Income Q2 FY26: ₹3,410.04 lakhs, up 579.07% YoY
- Total Income Half Year FY26: ₹32,946.65 lakhs, up 2149.30% YoY
- Gross Sales (H1 FY26): ₹565 crores
- Sales Collections (H1 FY26): ₹365 crores
- Project Sales GDV:
- Tripundra: ₹1,000 crores (₹101 crores collections in H1 FY26)
- Kailasa: ₹4,000 crores (₹49 crores collections)
- Ishva: ₹2,700 crores (₹215 crores collections)
2 more points management made on revenue & sales performance
Profitability & Margins
See what TARC Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Approvals received for upcoming developments in New Delhi and Gurugram, enabling next projects (Page 5).
- TARC Tripundra, New Delhi: project approaching delivery; marks start of significant margin recognition this year (Page 5, 27).
- TARC Kailasa, New Delhi: Phase 1 sold out; Phase II approaching launch (Page 5, 25).
- TARC Ishva, Gurugram: Phase 1 nearly sold; ongoing construction (Pages 5, 27).
- Three major projects with sales potential and launch timelines (Page 20):
- Project 1: Launched Q3 FY2023, ~3 acres, sales potential ~₹1,000 crore
- Project 2: Launch in Q4 FY2024, ~6 acres, sales potential ~₹4,000 crore
- Project 3: Planned Q2 FY2025, ~7 acres, sales potential ~₹2,700 crore
2 more points management made on capital expenditure plans
Top-ranked in Realty
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what TARC Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- The investor presentation reports a total sales value (Gross Development Value, GDV) of ₹7,700 crores across three luxury residential projects:
- Tripundra: ₹1,000 crores
- Kailasa: ₹4,000 crores
- Ishva: ₹2,700 crores
- Balance to be collected from these projects is ₹6,400 crores, indicating the pending order book or receivables.
- Collections in H1 FY26 amount to ₹365 crores from these projects, reflecting recent order inflow or cash collections from ongoing sales.
2 more points management made on order book & pipeline
TARC Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹38 Cr, net loss ₹21 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What TARC Ltd's management said in earlier quarters
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Frequently Asked Questions
What were TARC Ltd Q2 FY26 results?
Q2 FY26 Revenue: ₹687.06 lakhs, up 59.31% from ₹431.28 lakhs in Q2 FY25 - Half Year Revenue: ₹8,276.54 lakhs, up 560.66% from ₹1,252.76 lakhs in H1 FY25 - Total Income Q2 FY26: ₹3,410.04 lakhs, up 579.07% YoY - Total Income Half Year FY26: ₹32,946.65 lakhs, up 2149.30% YoY - Gross Sales (H1 FY26): ₹565 crores - Sales Collections (H1 FY26): ₹365 crores - Project Sales GDV: - Tripundra: ₹1,000 crores (₹101 crores collections in H1 FY26) - Kailasa: ₹4,000 crores (₹49 crores collections) - Ishva: ₹2,700 crores (₹215 crores collections) - Revenue Outlook: Significant margin recognition expected starting FY26 from project deliveries. EBITDA Q2 FY26: -₹840.94 lakhs, improved by 64.51% from -₹2,369.44 lakhs in Q2 FY25 - EBITDA Margin Q2 FY26: -24.66%, improved significantly from -471.85% in Q2 FY25 - Profit After Tax (PAT) Q2 FY26: -₹1,576.59 lakhs, improved 76.60% from -₹6,736.14 lakhs in Q2 FY25 - No explicit operating margin or EBITDA margin outlook is stated in the presentation on the pages reviewed.
What is TARC Ltd share price analysis?
TARC Ltd currently shows a neutral. The stock trades at a P/E of N/A with a market cap of ₹3,927 Cr. Investors should review the full earnings analysis for detailed insights.
Is TARC Ltd planning capital expenditure?
Approvals received for upcoming developments in New Delhi and Gurugram, enabling next projects (Page 5).
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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.