Tarc Limited · NSE:TARC
Tarc — Q3 FY25 Earnings Presentation
43 slides from Tarc's earnings presentation, Feb 6, 2025
Slide 1: Exchange filing cover letter
sl/u TnrS TARC February 6,2025 To, To, The General Manager The Vice President, Deptt of Corporate S"rui".r, National Stock Exchange of India Limited, BSE Limited, Excl-range Plaza, P.J. Tower, Dalal Street, Bandra Kurla Complex, Bandra (E) Mumbai - 400001 Mumbai- 400051 Equity Scrip code: 543249 Scr
Slide 2: TARC Limited Investor Presentation Q3 FY25
TARC LIMITED INVESTOR PRESENTATION Q3 FY25
Slide 3: Business Highlights
Business Highlights Financial Performance Business Liquidity Cashflows Portfolio Project Success TARC achieved sales TARC achieved TARC has cashflows of TARC has set new TARC Ishva, the amounting to ₹1,165 collection of ₹181 ₹7,700 crore from benchmarks in luxury Company’s luxury crore in Q3FY25 exi
Slide 4: Business Highlights: Bookings and Collections
Business Highlights BOOKINGS COLLECTIONS (in ₹ crore) (in ₹ crore) 1165 181 99 42 Q3/FY2 Q3/FY2 Q3/FY2 Q3/FY2 4 5 4 5 ~1000% INCREASE ~300% INCREASE TARC LIMITED 3 INVESTOR PRESENTATION | Q3 FY25
Slide 5: Index
39 05 RESPONSIBLE BUILDING OVERVIEW 36 09 PILLARS THAT GUIDANCE STRENTHEN OUR EDIFICE INDEX 22 13 DEVELOPMENT STRENGTH OF BUSINESS PORTFOLIO FUNDAMENTALS 18 16 Q2/2025 ANALYSIS UNDER REVIEW TARC LIMITED 4 INVESTOR PRESENTATION | Q3 FY25
Slide 6: At a Glance
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Slide 7: At a Glance
AT A GLANCE LEGACY POSITIONING FOCUSED MARKETS LAND PORTFOLIO SCRIP 5 Luxury Delhi & ~ 500 acres NSE: TARC Decades Residential Gurugram (fully paid) BSE: 543249 TARC LIMITED 6 INVESTOR PRESENTATION | Q3 FY25
Slide 8: About TARC
About TARC Mr. Anil Sarin, Founder & Chairman of TARC Limited, a great visionary, embarked on a venture inspired by the desire and aspirations of the diverse and enduring core values of India. Rooted firmly with a vision and belief for growth, what began as a modest enterprise transformed into a lar
Slide 9: Our Journey
Our Journey 2020-2021s 2022 2023- 2024s 2025 so far • TARC Limited rises through • TARC Limited concluded • Delivered TARC MACEO • Achieved highest ever sales a demerger and is listed on one of the largest of ₹2,487 crore within first • Launched TARC KAILASA Stock Exchanges transactions in North nin
Slide 10: ₹5,000 crore FY25 Sales Guidance
Driven by innovation, customer-centricity, and unwavering commitment, we proudly reveal our mission for the future ₹5,000crore FY25 – Sales Guidance Strategically Designed Affirm leadership in Excellence in execution Product Portfolio customer centricity • Best in Class Contractors • Product positio
Slide 11: Guidance
Guidance 1 Moving towards becoming net cash positive in FY27 3 Company to reach $1 billion sales in the near future. 5000 The company to receive 75,000 sqm of 2 4 Company in addition to developing its 1612 industrial plots as part of compensation from own land will also capitalize on other the govt
Slide 12: Project Calendar
Project Calendar Sales Launch Size* Development Location Category Potential* Period (MSF) (₹ Cr) UNDER DEVELOPMENT TARC Tripundra New Delhi Luxury Q3FY23 0.5 1,000 TARC Kailasa New Delhi Luxury Q4FY24 1.7 4,000 TARC Ishva Gurugram Luxury H1FY25 1.4 2,700 GRAND TOTAL 3.6 7,700 NEXT DEVELOPMENTS ON OU
Slide 13: Driving Growth
Driving Growth Strong Cashflows To Support Debt Reduction Plan FY26-FY29 Remaining Cash Inflows from Under Development Projects (₹ Crore) 6,800 • Cash Inflows include committed cashflows of ₹3,675 crore from sales and monetization of inventory of more than ₹3,000 crore. • Launch of next phase of dev
Slide 14: Strengths Of Business Fundamentals
Strengths Of Business Fundamentals
Slide 15: Core Business Fundamentals For Growth
Core Business Fundamentals For Growth Focussed on Development and Customer Centricity Building Strong Luxury Residential Brand Emphasize » Focus on Operational Defined Sales achieving strong Efficacy And Model Translates first year Sales to Enhanced To Profitable, fund the entire Corporate Strategic
Slide 16: Optimized Systems & Processes
Optimized Systems & Processes DEFINED PROCESSES STRONG SALES ENGINE DESIGN & DEVELOPMENT TECHNOLOGY & FUNCTIONS • Systematic sales funnel • Best in class Architect agencies • Experienced team ensures designed to improve bring pioneering designs for strong oversight over efficiency and effectiveness
Slide 17: New Delhi – Will Contribute to Growth
NEW DELHI – Will Contribute to Growth Urban Growth Areas: New Delhi Supply & Absorption 1400 1208 1200 1010 1000 872 Recent announcements of 800 601 key Infrastructure 600 515 457 developments will unlock 400 294 200 224 substantial opportunities 0 across Delhi, driving 2020 2021 2022 2023 further g
Slide 18: Luxury Residential Hypothesis
Luxury Residential Hypothesis Luxury Real Estate Market in India (US$ Billion) 101.92 Luxury Residential Share in NCR vs ROI % 65% 38.02 2024 2029 35% Luxury Residential Share of Overall Residential Market % 21% 7% Rest of India Delhi NCR 2019 2024 TARC LIMITED 17 INVESTOR PRESENTATION | Q3 FY25
Slide 19: Q3FY2025 Under Review
Q3FY2025 Under Review
Slide 20: Financial Performance
Financial Performance (₹ Crore) Particulars Q3 FY25 Q3 FY24 Change % 9M FY25 9M FY24 Change % 2023-24 Revenue 9.35 9.30 0.48% 21.87 101.97 -78.55% 111.45 Add: Other Income 1.22 53.72% 3.12 2.21 41.52% 2.97 1.87 Total income Less: Direct Costs (incl 11.22 10.52 6.64% 25.00 104.17 -76.01% 114.42 chang
Slide 21: Debt Profile
Debt Profile Debt Profile Non-Convertible Debentures ₹883 crore Term Loan ₹940 crore Cash in hand/Bank ₹136 crore Net Debt ₹1,688 crore Blended Cost of Debt <15% Credit Rating ACUITE BBB- (RATING WATCH) TARC LIMITED 20 INVESTOR PRESENTATION | Q3 FY25
Slide 22: Recent Financing
Recent Financing ₹1,000 Cr 12.75% ₹250 Cr Refinancing Cost of Debt Additional Limit Kotak Mahindra Bank, led consortium comprising Diversified Investor Pool prominent institutions such as Nomura Capital, Aditya Birla Capital, and STCI. This refinancing is secured by project land and Bank cashflows o
Slide 23: Development Portfolio
Development Portfolio
Slide 24: MACEO
MACEO NEAR COMPLETION IN PROGRESS IN PROGRESS DELIVERED TARC LIMITED 23 INVESTOR PRESENTATION | Q3 FY25
Slide 25: Project Highlights
Project Highlights BIJWASAN ROAD, NEW DELHI SECTOR 63A, GURGAON DEVELOPMENTS Launch Period Q3 FY2023 Q4 FY2024 Q2 FY2025 Plot Area ~ 3 acres ~ 6 acres ~ 7 acres Saleable Area ~ 0.5 msf ~ 1.7 msf ~ 1.35 msf No. of Apartments 187 400+ 386 Sales Potential ~ ₹ 1000 crore ~ ₹ 4,000 crore ~ ₹ 2,700 crore
Slide 26: Project Highlights: TARC Tripundra
TARC Tripundra, an IGBC Gold-certified project, is a luxury residential development offering contemporary international design and architecture and a curated clubhouse and recreation zones. PROJECT High end luxury residential project with 3 & 4 bedroom apartments. HIGHLIGHTS Ultra-modern amenities &
Slide 27: Project Highlights: TARC Kailasa
TARC Kailasa, large format high-end luxury project located on Patel Road, New Delhi is designed to be an epitome of luxury offering customers all the conveniences of an ultra-luxurious lifestyle. PROJECT Ultra luxury residential project with 3 & 4 bedroom apartments. HIGHLIGHTS 6 Layer Forest Court,
Slide 28: Project Highlights: TARC Ishva
FOUR-SIDE OPEN RESIDENCES State-of-the-art luxury apartments located in the future hub of Gurugram in Sector 63A. The development includes best-in-class amenities and is well- connected to malls, restaurants, hospitals, and schools, allowing for an ultra- luxurious lifestyle. PROJECT A luxury reside
Slide 29: MACEO
MACEO EXPERIENTIAL LIVING FOR ALL Thoughtfully planned to minimise environmental impact and carbon footprint. HIGHLIGHTS Rainwater harvesting, wastewater management and solar panels enable a more sustainable and eco-friendly experience. PROJECT OVERVIEW TYPE RESIDENTIAL LOCATION GURUGRAM STATUS DELI
Slide 30: Project Update
Project Update TARC LIMITED 29 INVESTOR PRESENTATION | Q3 FY25
Slide 31: Project Update
Project Update TARC LIMITED 30 INVESTOR PRESENTATION | Q3 FY25
Slide 32: Project Update
Project Update TARC LIMITED 31 INVESTOR PRESENTATION | Q3 FY25
Slide 33: Brand
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Slide 34: Inspired By India
INSPIRED BY INDIA THOUGHTFUL RIGOROUS AMBITIOUS CONTEMPORARY INTEGRATION EXECUTION IDEATION AESTHETICS We aspire to seamlessly merge We approach each project Our broad vision encompasses large- While we honour reverence for India’s rich India’s profound legacy, grandeur passionately, ensuring every
Slide 35: Above & Beyond
Above & Beyond CHALLENGING IDEAS CREATING BUZZ ON SOCIAL TARC EVENTS TARC Pickleball - Title Sponsor TARC was the title sponsor for the Pickleball event by KICA, The Net Gala, and Baseline Sports. Our sports-themed kiosk featured an interactive VR game, enhancing brand visibility and engagement whil
Slide 36: Awards & Recognitions
Awards & Recognitions IBE- International Brand Equity - 8th IBE- International Brand Equity - 8th Realty+ Conclave & Excellence Awards Out Look Business - Bussiness India property Award-2023 India property Award-2023 Excellence Awards 2023 Category : Luxury Project of the Year - 2023 Category : Best
Slide 37: Pillars Strengthening Our Edifice
Pillars Strengthening Our Edifice
Slide 38: Board Of Directors
Board Of Directors Mr. Anil Sarin Mr. Amar Sarin Ms. Muskaan Sarin Founder & Chairman Managing Director & CEO Whole Time Director Has invaluable experience and The driving force at TARC Limited. Leads the marketing, branding, and vision, which helped transform a Possesses the commitment and customer
Slide 39: The Management Team
The Management Team 45+ 33+ 30+ 18+ 20+ RAJEEV TREHAN ANIL MAHINDRA NITIN GOEL AMIT NARAYAN RITA MISRA Chief Operating Officer Land & Legal Finance Company Secretary Human Resources Formerly Worked with Formerly worked with TATA FIITJEE and G4S Realty, JLL and Aon Hewitt 16+ 16+ 16+ 18+ VIKAS SHARMA
Slide 40: Building Responsibly
Building Responsibly
Slide 41: ESG Vision
ESG Vision NET ZERO TARGET Committed to creating a strategy for Carbon Neutrality and Net Zero developments. COMMUNITY ENGAGEMENT Committed to leading community development initiatives to improve the welfare and well-being of society. SUSTAINABLE SUPPLY CHAIN Committed to integrating ESG in supply c
Slide 42: ESG: Work In Progress
ESG: Work In Progress ENVIRONMENT SOCIAL GOVERNANCE • Concluding ESG framework • Working towards developing • Working towards finalising for the organisation community spaces around the Risk Management Framework ongoing projects. • Received IGBC Platinum • Robust policies, procedures pre-certificati
Slide 43: For More Information, Contact
FOR MORE INFORMATION, CONTACT: ANKUSH VIJAN, INVESTOR RELATIONS, TARC LIMITED KAPTIFY CONSULTING INVESTOR RELATION STRATEGY 011 41244311 | investors@tarc.in +91 845 288 6099 | contact@kaptify.in DISCLAIMER:THIS PRESENTATION CONTAINS CERTAIN FORWARD-LOOKING STATEMENTS CONCERNING TARC’S FUTURE BUSINES