Tarc Limited · NSE:TARC
Tarc — Investor Presentation (October 2024)
29 slides from Tarc's investor presentation, Oct 5, 2024
Slide 1: Investor Presentation cover letter to exchanges
S\ltL 7nN TA RC October 5,2024 To, To, The General Manager The Vice President, Deptt of Corporate S"*i""r, National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, P.J. Tower, Dalal Street, Bandra Kurla Complex, Bandra (E) Mumbai - 400001 Mumbai - 400051 Equiff Scrip code: 543249 Scrip
Slide 2: TARC Limited | Investor Presentation
TARC LIMITED | INVESTOR PRESENTATION
Slide 3: TARC at a Glance
TARC AT A GLANCE FOCUSSED NSE / BSE LEGACY POSITIONING MICRO- LAND BANK LISTING 5 Decades Luxury Residential MARKETS Paid-up land ~ 500 December 2020 Delhi and acres Gurugram 2
Slide 4: Transformative Evolution
TRANSFORMATIVE EVOLUTION 1970S 1990S 2011S 2020-2021S 2020S 2023-2024S - Beginning of a - Acquired and - Development - The Leap: TARC Limited rises - TARC Limited bonds with US - Delivered project TARC Maceo private investment firm Bain in New Gurugram momentous journey increased our of over 20 thro
Slide 5: A Brand Inspired by India
A BRAND INSPIRED BY INDIA Thoughtful Rigorous Ambitious Contemporary Integration Execution Ideation Aesthetics We aspire to seamlessly merge We approach each project with Our vision is broad and While we honour reverence to India’s profound legacy, grandeur passion ensuring every detail is encompass
Slide 6: Focussed Markets: Delhi & Gurugram
FOCUSSED MARKETS: DELHI & GURUGRAM Strategically located land holdings: Acres Central, South and West Delhi 125 TARC Kailasa North and East Delhi 250 Haryana 100 TARC Tripundra Uttar Pradesh 25 Total 500 TARC Ishva The above land bank excludes land acquired by the Government for which compensation i
Slide 7: Mission FY2025: ₹5,000 Cr. Luxury Residential
MISSION FY2025 ₹ 5,000Cr. Strategically Designed Affirm leadership in Excellence in execution FY25 – Presales Guidance Product Portfolio customer centricity • Deliver on timelines • Credible partnerships • Product positioning specific • Luxury customer experience to location • Latest Technology aide
Slide 8: Key Performance Indicators
KEY PERFORMANCE INDICATORS PRESALES Q2: ₹1,012 crore ( 900% YoY) ; H1: ₹1,332 crore ( 600% YoY), best ever Q2 & H1 GDV GDV of ₹7,700 crore across three pioneer projects: Tripundra, Kailasa and Ishva LAUNCHES TARC Ishva launched in Q2, with development potential of ₹2,700 crore TARC Kailasa has been
Slide 9: Accessible Opportunities
ACCESIBLE OPPORTUNITIES Refinancing of ₹1,000 crore at cost of Company to generate incremental debt of 12.75%; provides substantial cashflow of ₹500 crore from the savings delivery of TARC Tripundra Company to receive 75,000 sqm of The Company to receive ₹300 industrial plots as part of crores as co
Slide 10: Catalysing Growth
CATALYSING GROWTH DRIVING SUSTAINABLE GROWTH THROUGH A CALIBRATED APPROACH Strategically Robust demand for Compelling launch located land bank luxury pipeline at low costs condominium Financial strength Accomplished Positioning as a on back of strong Organizational Luxury Residential cashflows Capab
Slide 11: Building Blocks of Brand TARC
BUILDING BLOCKS OF BRAND ‘TARC’ • TARC focused on building its brand and leveraging its legacy of over 50 years to raise customer awareness. • This was succeeded by the successful delivery of TARC Maceo, the inaugural project under the TARC brand, in New Gurugram. • TARC embarked on its journey as a
Slide 12: Core Business Fundamentals for Growth
CORE BUSINESS FUNDAMENTALS FOR GROWTH • Controlled fixed cost: Consolidated Core functions • Effective team: Total strength of ~350 (March 2024) EMPHASIZE OPERATIONAL EFFICACY AND ENHANCED CORPORATE PROFICIENCY • Significant dependence on outsourcing non-core functions and all construction activitie
Slide 13: Optimized Systems & Processes
OPTIMIZED SYSTEMS & PROCESSES DEFINED PROCESSES & STRONG SALES ENGINE DESIGN & DEVELOPMENT TECHNOLOGY FUNCTIONS • Systematic sales funnel designed to • Best in class Architect agencies bring • Experienced team ensures improve efficiency and effectiveness in pioneering designs for TARC’s strong overs
Slide 14: Delhi – Will Contribute to Growth
DELHI – Will Contribute to Growth Urban Growth Areas: Delhi City Supply & Absorption 1400 1208 1200 A steadily rising trend can be 1010 1000 872 observed within the supply 800 and absorption of Delhi City. 601 600 515 457 294 Unsold stock has come done 400 224 to 606 units in 2024 from 200 0 1190 in
Slide 15: Refinancing
REFINANCING Diversified Investor Pool ₹1,000 Cr Refinancing Kotak Mahindra Bank, led consortium comprising Bank prominent institutions such as 48% NBFC Nomura Capital, Aditya Birla 41% Capital, and STCI. 12.75% This refinancing is secured by Cost of Debt project land and cashflows of TARC Kailasa an
Slide 16: Residential Portfolio: Current Focus
RESIDENTIAL PORTFOLIO: CURRENT FOCUS TARC TRIPUNDRA TARC KAILASA TARC ISHVA Bijwasan Road, New Delhi Patel Road, Delhi Sector 63A, Gurugram Launch Period Q3 FY2023 Q4 FY2024 Q2 FY2025 Plot Area ~ 3 acres ~ 6 acres ~ 7 acres Saleable Area ~ 0.5 msf ~ 1.7 msf ~ 1.4 msf No. of Apartments 187 400+ 400+
Slide 17: 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. 16
Slide 18: 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 19: Ongoing Project: TARC Kailasa
Ongoing Project TARC KAILASA PATEL ROAD, NEW DELHI TYPE RESIDENTIAL LOCATION NEW DELHI STATUS PHASE 2 LAUNCHED SALEABLE AREA 1.7 Mn Sq. Ft. 18
Slide 20: 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 21: Ongoing Project: TARC Ishva
Ongoing Project TARC ISHVA SEC 63A, G U R U G R A M TYPE RESIDENTIAL LOCATION GURUGRAM STATUS LAUNCHED SALEABLE AREA 1.4 Mn Sq. Ft. 20
Slide 22: TARC Ishva
TARC ISHVA SEC 63A, GURUGRAM TARC launched 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 lifestyle
Slide 23: 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. 22
Slide 24: Governing Success
GOVERNING SUCCESS Anil Sarin Amar Sarin Muskaan Sarin Founder and Chairman of the Board Managing Director & CEO is the Whole-time Director leads the - has invaluable experience and vision, driving force at TARC Limited and - branding and customer marketing, which helped transform a modest possesses
Slide 25: Leading from the Front
LEADING FROM THE FRONT Rajeev Trehan Anil Mahindra Nitin Goel Amit Narayan Prabhleen Singh CHIEF OPERATING OFFICER LAND & LEGAL FINANCE COMPANY SECRETARY DESIGN Vikas Sharma Suneet Singh Anjul Gupta Atul Bajaj Ankush Vijan SALES & MARKETING MARKETING PEOPLE & CULTURE HOSPITALITY & FACILITIES INVESTO
Slide 26: Above & Beyond
ABOVE & BEYOND We painted the town TARC AVYA NEWSLETTER TARC SEPTEMBER I 2024 TARC x HMCI TARC and the Heritage Motoring Club hosted an exclusive evening of vintage cars, blending heritage, luxury and networking. TARC x BMW TARC, in collaboration with BMW, presents an exclusive event for discerning
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. ENVIRONMENT • Received IGBC Platinum pre-certification for TARC Ishva • Received IGBC Gold pre-certification for TARC Tripundra • Approaching for
Slide 29: Thank You
THANK YOU TARC Limited www.tarc.in Disclosure: This presentation contains certain forward-looking statement concerning TARC’s future business prospects and business profitability, which are subject to a number of risks and uncertainties & the actual results could materially differ from those in such