Arthneeti

Tarmat Share Price & Earnings Call Analysis

₹53.77+0.49% today
Market cap
₹135 Cr
P/E
19.03
ROE
3.05%
PEG
4.92
Price to sales
1.06
Debt to equity
0.08
52W high / low
₹71.1 / ₹47.5
Sales growth (5Y)
-9.73%
EBITDA margin
6.42%
Net profit margin
4.68%
Promoter holding
29.11%
Sales (last year)
₹128 Cr

Potential multibaggers · Q2 FY27

This quarter's potential multibaggers
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Tarmat rank?

Portfolio builder

Build your portfolio
from the top-ranked stocks

  1. 1. Pick 3–15 stocks
  2. 2. Choose large, mid or small cap and your sectors
  3. 3. Get a portfolio built from the rankings
Build my portfolio

Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Financials of Tarmat

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Tarmat

Quarterly Results

Quarter-by-quarter operating performance

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales +32.1641.9621.2724.7022.7020.6821.7815.5726.1437.7924.9422.6727.31
Expenses +33.3741.7320.1124.0422.3220.4820.8515.0125.5737.0623.8221.5425.57
Operating Profit-1.210.231.160.660.380.200.930.560.570.731.121.131.74
OPM %-3.76%0.55%5.45%2.67%1.67%0.97%4.27%3.60%2.18%1.93%4.49%4.98%6.37%
Other Income +6.200.190.010.020.00-2.200.000.040.230.780.060.750.04
Interest0.030.090.190.220.080.160.230.040.110.320.250.210.41
Depreciation0.290.290.210.210.210.210.180.180.400.570.290.290.32
Profit before tax4.670.040.770.250.09-2.370.520.380.290.620.641.381.05
Tax %0.64%-575.00%-3.90%-12.00%-33.33%-1.27%-5.77%-7.89%-17.24%8.06%-9.38%-5.80%-6.67%
Net Profit +4.640.260.800.280.12-2.340.550.410.340.570.691.461.13
EPS in Rs2.180.120.380.130.06-1.100.260.170.140.240.290.610.45

Financials of Tarmat

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales +80907820413127619618114489101113
Expenses +8389772131502651891741428798108
Operating Profit-301-9-1911772235
OPM %-4%0%1%-4%-14%4%4%4%2%3%3%4%
Other Income +11112221117-212
Interest1650212321111
Depreciation422111111111
Profit before tax-21-60019457-124
Tax %-2%-112%86%-1,140%18%22%-28%2%-2%-10%-3%
Net Profit +-2110117557-124
EPS in Rs-18.850.650.031.130.535.153.862.903.48-0.530.781.59
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%

Financials of Tarmat

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital111111111113131621212424
Reserves2627272829434878109108149151
Borrowings +1171191221459711089436101011
Other Liabilities +3530327657103828376585349
Total Liabilities190187192260194270233220213198236235
Fixed Assets +181514131217181717162122
CWIP000000000000
Investments1919192219191911110
Other Assets +153152159226163234195201195181214214
Total Assets190187192260194270233220213198236235

Financials of Tarmat

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +2-0-1-2145-1326-79-3-9
Cash from Investing Activity +600-23-5-218-10-27
Cash from Financing Activity +-8-0-026-4920-24-21-8440
Net Cash Flow-00-13-121-10114
Free Cash Flow2-0-1-2145-1924-79-3-15
CFO/OP-71%-1,350%87%249%-240%-103%348%-101%812%-105%-327%

Financials of Tarmat

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days100901066254312445575278
Inventory Days874697445257683509389834648
Days Payable902591472321591419360586292
Cash Conversion Cycle7219679-1543111613586300434
Working Capital Days-109-6235918994-12124238421488
ROCE %-1%0%1%-12%7%4%5%4%2%2%