Tarmat Ltd Stock Analysis

BSE: 532869 | NSE: TARMAT | Engineering - Construction | Small Cap

BSE Share Price Jan 25, 12:41
67.50 1.55 (2.35%)

DeciZen - Make an Informed Decision on Tarmat

M-Cap below 100cr DeciZen not available

FAQ's

1. Is Tarmat Ltd a good quality company?

Data is not available for this company.

2. Is Tarmat Ltd undervalued or overvalued?

The key valuation ratios of Tarmat Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Tarmat Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Tarmat Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Tarmat:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 3.9%-8.2%-7.2%-6.3%2.4%-0%-2.1%-9%5.6%4.6%-
Value Creation Index -0.7-1.6-1.5-1.5-0.8-1.0-1.2-1.7-0.6-0.7-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 19615311769.253.76160.492.9221173192
YoY Gr. Rt. %--21.9%-23.9%-40.7%-22.3%13.5%-1%53.9%137.3%-21.6%-
Adj EPS -0.4-17.2-20.5-19.10.4-0-3.7-12.85.23.84.2
YoY Gr. Rt. %-NANANANA-106.8%NANANA-26.2%-
BVPS (₹) 97.373.452.933.834.534.635.736.242.145.947.7
Adj Net Profit -0.4-18.9-22.4-210.50-4.1-146.95.16
Cash Flow from Ops. 10.3-10.76.52.3-0.1-0.914.417.3-13.626.4-
Debt/CF from Ops. 5.4-6.816.850.9-1515.4-1317.85.6-8.13.4-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales -1.4%26.3%42%-21.6%
Adj EPS NA53.9%NA-26.2%
BVPS -85.98.79.1
Share Price 11.5% 8.4% 18.2% 28.2%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % -0.4-20.2-32.4-441.3-0.1-10.6-35.414.38.69
Op. Profit Mgn % 8.20.9-4.1-5.2-0.21.3-27.5-20.554.14.5
Net Profit Mgn % -0.2-12.3-19.2-30.30.9-0.1-6.8-15.13.12.92.9
Debt to Equity 0.50.91.93.23.13.12.92.521.51.4
Working Cap Days 309363458746958851831496231325401
Cash Conv. Cycle 1091301331601981832021214643244

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 9.00%

Sales growth is growing at healthy rate in last 3 years 42.02%

Debt to equity has declined versus last 3 years average to 1.46

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -3.04%

Latest Financials - Tarmat Ltd.

Standalone Consolidated
TTM EPS (₹) 4.2 4.3
TTM Sales (₹ Cr.) 192 218
BVPS (₹.) 47.7 47.7
Reserves (₹ Cr.) 50 50
P/BV 1.38 1.38
PE 15.57 15.48
From the Market
52 Week Low / High (₹) 42.10 / 98.00
All Time Low / High (₹) 6.57 / 376.25
Market Cap (₹ Cr.) 87.9
Equity (₹ Cr.) 13.3
Face Value (₹) 10
Industry PE 28.2

Management X-Ray of Tarmat :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

About Tarmat Ltd

Roman Tarmat was established in the year 1986 by its Promoter Director Jerry Varghese is an infrastructure construction company engaged in the business of construction of Highways and Runways. Their Company is headquartered at Mumbai with operations spread across the states of Maharashtra, Tamilnadu, Karnataka, Kerala, Mizoram, Gujarat and Delhi.

Their Company started its operations by taking up road works for Government Departments like Public Works Department (PWD), Maharashtra Industrial Development Corporation (MIDC) and BrihanMumbai Municipal Corporation (BMC). In the year 1988, they bagged their first major contract for construction of roads/ bituminous flexible pavement for the entire Nhava Sheva port and construction of rigid concrete pavement base with RCC beams and columns in container yard and completed the project within the stipulated period of 24 months.They provide engineering, procurement and construction services for infrastructure projects.

They constructed runways by taking up the work of strengthening of secondary runway 09/27 at Indira Gandhi International airport, New Delhi. They have also completed bituminous overlay of the runway at Vadodara Airport and upgradation of the main runway 09/27 at the Mumbai International Airport.

The Company has been accredited with “ISO 9001:2000” Quality Management System Certificate for construction of Highways and Airports. They have mainly worked on projects sponsored by Government or Government agencies, including the Central Government, State Governments and Municipalities.

Roman Tarmat has catered to the domestic and international airports, military air base and naval airports and established itself as a reputed & reliable runway contractor among its clients viz; AAI, MES, NAVY, MIDC etc. Some of the creditworthy projects handled by  Roman Tarmat are the MES Vishakapatnam Naval airport – one of the longest runway in India, Jamnagar Airport, AAI Mumbai International Airport, Delhi IGI International Airport.

Roman Tarmat was the first to make a revolutionary change in the BMC for using Ready Mix Concrete in their road projects.

Current projects of the company:

  • Karnataka State Highways Improvement Project-Upgradation of road from Sankeshwar to Yaragatti Total Length of 73Km
  • Construction of integrated roads at north lake village , Amby valley city, Lonavala
  • Bus Rapid Transportation System From RTO-Pirana.
  • Concretization of Existing Roads (Part- I)
  • Construction of Additional Concrete Parking bays for aircrafts at Cochin International Airport. And many more

Achievements/ recognition

  • The company holds ISO 9000:2008 certification
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