Tarc Limited · NSE:TARC
Tarc — Q4 FY2024 Earnings Presentation
30 slides from Tarc's earnings presentation, Jun 3, 2024
Slide 1: TARC stock exchange filing cover letter
$1{l& 7-" ,i- "//./,)'\\- -//fl\\ TARC June 3,2024 To, To, The General Manager, The Vice President, Deptt of Corporate Services, National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, P.J. Tower, Dalal Street, Bandra Kurla Complex, Bandra (E) Mumbai - 400001 Mumbai - 400051 Equity Sc
Slide 2: TARC Limited Investor Presentation Q4 & FY 2024
TARC LIMITED INVESTOR PRESENTATION Q4 & FY 2024
Slide 3: Business Highlights
BUSINESS HIGHLIGHTS Financial Performance TARC Limited achieved its highest presales amounting to ₹1,612 crore, a 200% growth compared to the previous fiscal, showcasing the Company’s strong market presence and customer trust. Business Liquidity We achieved our highest annual collection of ₹415 cror
Slide 4: Index
INDEX Overview 4 Strategy 10 Portfolio 14 Financial Performance 22 ESG 26 TARC MACEO, GURUGRAM
Slide 5: About Us
ABOUT US Anil Sarin, Founder and Chairman 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 sustainable growth, what began as a modest enterprise, transformed into
Slide 6: TARC at a Glance
LEGACY 5 Decades POSITIONING Luxury Residential FOCUSSED MICRO-MARKETS Delhi and Gurugram TARC at a Glance RESIDENTIAL PORTFOLIO – INITIAL PHASE* ~₹7,600 crores GDV LAND BANK Paid-up land ~ 500 acres NSE / BSE LISTING Listed in December 2020 * Including upcoming launch 5
Slide 7: Transformative Evolution
TRANSFORMATIVE EVOLUTION 1970S 1990S 2010S 2020 - 2021 2022 2023 - 2024 - Beginning of a - Focussed on acquiring - Development - The Leap: TARC Limited rises - TARC Limited bonds with US - Delivered TARC Maceo project momentous journey and enhancing our of 20 Million through a demerger and listed pr
Slide 8: A Brand Inspired by India
A BRAND INSPIRED BY INDIA Thoughtful Ambitious Integration Ideation We aspire to seamlessly merge Our vision is broad and India’s profound legacy, grandeur encompasses large-scale and values with modern design conceptualization, laying the principles groundwork for distinctive real estate landmarks
Slide 9: Focussed Micro-Markets: Delhi NCR
FOCUSSED MICRO-MARKETS: DELHI NCR Strategically located land holdings: Acres TARC Patel Road Central, South and West Delhi 125 North and East Delhi 250 Haryana 100 TARC Tripundra Uttar Pradesh 25 Total 500 TARC 63A The above land bank excludes land acquired by the Government for which compensation i
Slide 10: CEO Says…
CEO Says… “After the resounding success of TARC Kailasa, we are committed towards repeating the success in our upcoming development in Sector 63A, Gurugram. We enter the new financial year with immense confidence and commitment to growth. The Luxury Residential segment continues to see a healthy dem
Slide 11: Mission FY2025 ₹5000 Cr.
MISSION FY2025 NET CASH Transform into a net cash company Strategically Designed Affirm leadership in Excellence in execution Product Portfolio customer centricity • Product positioning specific • Luxury customer experience • Deliver on timelines ₹ 5000 Cr. • to location Pricing befitting luxury sta
Slide 12: Guidance
GUIDANCE TARC aspires for significant growth and 5000 focusses on its three marquee residential developments. TARC launched a ~₹4000 crore luxury residential development in FY24 and is now poised to launch a new ~₹2600 crore luxury residential development in Gurugram to fortify initial phase of grow
Slide 13: Project Calendar
PROJECT CALENDAR Sales Launched Projects Launch Size* Project / Location Location Category Potential* Period (MSF) ~ ₹ 5,000 crore (₹ Cr) LAUNCHED Upcoming development TARC Tripundra New Delhi Luxury Q3FY23 0.5 1,000 ~ ₹ 2,600 crore TARC Kailasa New Delhi Luxury Q4FY24 1.7 4,000 Planned luxury resid
Slide 14: Catalysing Growth
CATALYSING GROWTH DRIVING SUSTAINABLE GROWTH THROUGH A CALIBRATED APPROACH Strategically Demand for luxury Compelling launch located land bank condominiums pipeline at low cost Financial strength Accomplished Positioning as a on back of strong Organizational Luxury Residential future cashflows Capab
Slide 15: Residential Portfolio: Current Focus
RESIDENTIAL PORTFOLIO: CURRENT FOCUS TARC TRIPUNDRA TARC KAILASA TARC 63A Bijwasan Road, New Delhi Patel Road, Delhi Sector 63A, Gurugram Launch Period Q3 FY2023 Q4 FY2024 Upcoming Plot Area ~ 3 acres ~ 6 acres ~ 7 acres Saleable Area ~ 0.5 msf ~ 1.7 msf ~ 1.4 msf No. of Apartments 187 400+ 400+ Sal
Slide 16: Ongoing Project: TARC Tripundra
Ongoing Project TARC TRIPUNDRA MAIN BIJWASAN ROAD, NEW DELHI TYPE RESIDENTIAL LOCATION NEW DELHI STATUS >80% SOLD SALEABLE AREA 0.5 Mn Sq. Ft. 15
Slide 17: TARC Tripundra
TARC TRIPUNDRA MAIN BIJWASAN ROAD, NEW DELHI TARC Tripundra, a luxury residential development offering contemporary international design & architecture, curated clubhouse & recreation zones is the upcoming residential development in the New Delhi Aerocity zone. The super structure of TARC Tripundra
Slide 18: Ongoing Project: TARC Kailasa
Ongoing Project TARC KAILASA PATEL ROAD, NEW DELHI TYPE RESIDENTIAL LOCATION NEW DELHI STATUS PHASE 1 SOLD OUT SALEABLE AREA 1.7 Mn Sq. Ft. 17
Slide 19: TARC Kailasa
TARC KAILASA PATEL ROAD, NEW DELHI A 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 An ultra luxury residential project offering 3 & 4 BHK apartments HIGHLIG
Slide 20: Upcoming Project: TARC 63A
Upcoming Project TARC 63A SEC 63A, G U R U G R A M TYPE RESIDENTIAL LOCATION GURUGRAM STATUS Approaching launch SALEABLE AREA 1.4 Mn Sq. Ft. 19
Slide 21: TARC 63A
TARC 63A SEC 63A, GURUGRAM TARC is launching 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 with close proximity to malls, restaurants, hospitals and schools for an ultra-luxurious lifesty
Slide 22: Recently Delivered Project: TARC Maceo
Recently Delivered Project TARC MACEO SECTOR – 91, GURUGRAM TYPE RESIDENTIAL LOCATION GURUGRAM STATUS 100% SOLD SALEABLE AREA 1.5 Mn Sq. Ft. 21
Slide 23: Financial Statement (Consolidated)
FINANCIAL STATEMENT (CONSOLIDATED) ₹ Cr. Particulars Q4FY24 Q3FY24 Q4FY23 FY23-24 FY 22-23 Revenue 9.48 9.30 134.99 111.45 368.12 Add: Other Income 0.88 2.49 0.55 9.96 6.54 Total income (A) 10.37 11.79 135.54 121.41 374.66 Less: Direct Costs including change in inventory (12.41) (26.78) 76.21 (28.05
Slide 24: Debt Profile
DEBT PROFILE ₹ Cr. Particulars Q4FY24 Year 2, 15% Debt (Non-Convertible Debentures) 1321.0 Year 5, 35% Year 3, 20% Year 4, 30% Redemption Schedule of NCDs The Company has been assigned Exclusive Financial Partner ACUITE BB+ (STABLE OUTLOOK) rating. Bain Capital 23
Slide 25: Governing Success
GOVERNING SUCCESS Anil Sarin Amar Sarin Muskaan Sarin Founder and Chairman of the Board has Managing Director & CEO is the driving force at Whole-time Director leads the marketing, -invaluable experience and vision, which TARC Limited and possesses the commitment - branding and customer centric cult
Slide 26: Leading from the Front
LEADING FROM THE FRONT Rajeev Trehan Anil Mahindra Nitin Goel Amit Narayan Amit Tyagi Arijit Das Anjul Gupta CHIEF OPERATING OFFICER LAND & LEGAL FINANCE COMPANY SECRETARY PROJECTS DESIGN & ARCHITECTURE PEOPLE & CULTURE Vikas Sharma Shuaib Ahmad Suneet Singh Pallavi Malik Vicky Rawal Amarjeet Khadul
Slide 27: ESG Vision
ESG VISION NET ZERO TARGET GREEN BUILDING Committed to create strategy Committed for 100% Green for Carbon Neutrality and Net certified residential portfolio Zero developments. COMMUNITY ENGAGEMENT GOVERNANCE Committed to lead community Committed to grow ethically development initiatives with transp
Slide 28: Sustainability: A Work in Progress
SUSTAINABILITY: A WORK IN PROGRESS • Concluding ESG framework for the organization • We are committed towards 100% Green certified Residential Portfolio. • Received IGBC Platinum pre-certification for TARC 63A (upcoming project) ENVIRONMENT • Received IGBC Gold pre-certification for TARC Tripundra •
Slide 29: We painted the town red
WOMEN’S DAY CELEBRATION Honored our women employees with flowers, sweets, and a powerful message on inclusion, celebrated through a special video shoot. We painted the town red REPUBLIC DAY CELEBRATION We unfurled the tricolour with pride at TARC HO, celebrating our nation’s spirit. TARC recently re
Slide 30: For more information, contact: TARC Limited
For more information, contact: TARC LIMITED ANKUSH VIJAN INVESTOR RELATIONS 011 41244311 investors@tarc.in KAPTIFY CONSULTING INVESTOR RELATION STRATEGY +91 845 288 6099 contact@kaptify.in TARC Limited www.tarc.in Disclosure: This presentation contains certain forward-looking statement concerning TA