Slide 1: Exchange filing cover letter
srz TlrS TARC November 6,2024 To. To, The General Manager, The Vice President, Deptt of Corporate Services, National Stock Exchange of India Limited, BSE Limited, Exclrange Plaza, P.J. Tower, Dalal Street, Bandra Kurla Complex, Bandra (E) Mumbai - 400001 Mumbai - 400051 Equit-v Scrip code: 543249 Sc
Slide 2: TARC Limited Investor Presentation Q2 FY25 & H1 FY25
TARC LIMITED | INVESTOR PRESENTATION Q2 FY25 & H1 FY25
Slide 3: Business Highlights
BUSINESS HIGHLIGHTS Financial Business Project Launch Project Success Refinancing Performance Liquidity TARC Ishva, our TARC Kailasa, the TARC secured TARC Limited We achieved much awaited Company’s largest significant debt achieved presales collection of ₹81 luxury residential luxury residential re
Slide 4: Index
INDEX 04 09 19 28 32 Overview Strategy Portfolio Financial ESG Performance 3
Slide 5: TARC at a Glance
TARC AT A GLANCE FOCUSSED NSE / BSE LEGACY POSITIONING MICRO- LISTING 5 Decades Luxury Residential MARKETS December 2020 Delhi and Gurugram 4
Slide 6: About Us
ABOUT US Mr. 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 i
Slide 7: 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 8: 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 9: CEO Says…
CEO Says… As we continue to navigate an evolving market, I am pleased to reflect on the solid momentum TARC Limited has built over the past quarter. Our presales have remained strong, and we’ve effectively balanced our financial obligations, setting us up for continued success. With the recent launc
Slide 10: 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 11: Guidance
GUIDANCE Company will be primarily focused in developing luxury residential projects in New Delhi & Gurugram Company is on track to achieve its Guidance for the fiscal year. Viewing the forthcoming projects, the Company guides that it will 5000 continue to grow at a healthy rate beyond FY25 as well
Slide 12: 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 13: Project Calendar
PROJECT CALENDAR Sales Launch Size* Project / Location Location Category Potential* Period (MSF) (₹ Cr) LAUNCHED Launched Projects TARC Tripundra New Delhi Luxury Q3FY23 0.50 1,000 ~ ₹ 7,700 crore TARC Kailasa New Delhi Luxury Q4FY24 1.70 4,000 TARC Ishva Gurugram Luxury H1FY25 1.35 2,700 GRAND TOTA
Slide 14: 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 15: 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 16: 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 17: 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 18: 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 Unsold stock has come done 400 294 200 224 to 606 units in 2024 from 0 1190 in
Slide 19: 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 20: 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 ~ 1.35 msf No. of Apartments 187 400+ 386
Slide 21: 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. 20
Slide 22: 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 23: 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. 22
Slide 24: 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 25: 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 1.35 Mn Sq. Ft. 24
Slide 26: 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 27: Recently Delivered Project: TARC Maceo
Recently Delivered Project TARC MACEO SECTOR – 91, GURUGRAM TYPE RESIDENTIAL LOCATION GURUGRAM STATUS DELIVERED SALEABLE AREA 1.5 Mn Sq. Ft. 26
Slide 28: Construction Update
AV1 CONSTRUCTION UPDATE - Finishing Works in Progress Excavation Work in Progress 27
Slide 29: Slide 27 AV1
Slide 27 AV1 Ankush Vijan, 06-11-2024
Slide 30: Financial Statement (Consolidated)
FINANCIAL STATEMENT (CONSOLIDATED) ₹ Cr. Particulars Q2FY25 Q2FY24 H1FY25 H1FY24 Revenue 4.31 29.72 12.53 92.66 Add: Other Income 0.71 4.96 2.12 6.58 Total income (A) 5.02 34.68 14.65 99.25 Less: Direct Costs including change in inventory 5.96 24.58 14.98 52.34 Less: Other expenses 22.75 14.53 36.56
Slide 31: 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 32: Leading from the Front
LEADING FROM THE FRONT Rajeev Trehan Anil Mahindra Nitin Goel Amit Narayan CHIEF OPERATING OFFICER LAND & LEGAL FINANCE COMPANY SECRETARY Vikas Sharma Prabhleen Singh Atul Bajaj Ankush Vijan SALES & MARKETING DESIGN HOSPITALITY & FACILITIES INVESTOR RELATIONS 30
Slide 33: Above & Beyond
ABOVE & BEYOND We painted the town TARC AVYA NEWSLETTER SEPTEMBER I 2024 TARC 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 34: 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 35: 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 36: For more information, contact
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