Slide 1: Exchange filing cover letter
.YJA,R^[ ,t,., December 2,2022 To, To, The General Manager, The Vice President, Deptt of Corporate S"*i."., National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, P.J. Tower, Dalal Street, Bandra Kurla Complex, Bandra (E) Mumbai - 400001 Mumbai - 400051 Bquity Scrip code: 543249 Scri
Slide 2: TARC Limited - Investor Presentation, December 2022
TARC Maceo: Actual Photograph TARC LIMITED - INVESTOR PRESENTATION, DECEMBER 2022
Slide 3: Table of Content
TABLE OF CONTENT 1 TARC: AT A GLANCE STRATEGY FOR MULTIFOLD 2 GROWTH 3 OPPORTUNITIES & STRENGTHS 4 ORGANISATIONAL BUILDUP 5 FINANCIAL HIGHLIGHTS TARC Tripundra
Slide 4: TARC: At a Glance
YTARC TARC: AT A GLANCE
Slide 5: Overview
OVERVIEW Premium Leading premium real estate developer in Delhi and NCR Residential One of the largest land bank holders in Delhi and NCR, fully paid 550+ acres Trust built through over four decades of strong execution Legacy Presence experience and presence in Delhi Current plan to launch three pre
Slide 6: Evolution from Contractor to Developer
EVOLUTION FROM CONTRACTOR TO DEVELOPER Sustainable Business Late 1970s 1990s 2010s 2020 2021 2022 Started as a Focused on 20 million square Listed on BSE Strategic sale of • Bain Capital, USA construction enhancing the feet delivered and NSE in Warehousing land to invested INR 1,330 Cr in contractor
Slide 7: Financial Partner: Bain Capital, USA
FINANCIAL PARTNER: BAIN CAPITAL, USA Year 1* 0% Year 2 Infusion of INR 1,330 Cr. from Bain Capital, USA, through NCDs 15% All legacy financial dues with principal amount and full interest have been paid completely in first quarter of FY’23 Year 3 20% Long term finance arrangement has helped manageme
Slide 8: Key Pillars Forming a Strong Foundation
KEY PILLARS FORMING A STRONG FOUNDATION Customer Execution • Integrating the buyer into the • Gaining customer confidence through strong development process for a customized execution capability experience • Creative designs to achieve experiential • Offering experiential living to our living; engag
Slide 9: Strategy for Multifold Growth
STRATEGY FOR MULTIFOLD GROWTH 2
Slide 10: Execution of a Well-Defined Business Strategy
EXECUTION OF A WELL-DEFINED BUSINESS STRATEGY Steady transformation from Land bank holder to Developer Target* New Sales Booking Benefit of over four-decade long experience and vast presence in Delhi 2,500 Targeting multifold growth in terms of new sales bookings with 1,500 INR Cr. consistent launch
Slide 11: TARC's Land Bank
TARC’S LAND BANK 550+ Acres 300+ Acres 250+ Acres In Delhi In Delhi In NCR and NCR One of the largest land bank holders in Delhi and NCR, fully paid Land holdings include Residential, Hospitality, Commercial, Retail, Warehousing, IT, Institutional and Mixed-Use developments TARC’S LAND BANK INDICATI
Slide 12: Strong Project Pipeline of GDV ~INR 5,500 Cr.
STRONG PROJECT PIPELINE OF GDV ~INR 5,500 CR.* TARC PATEL ROAD TRIPUNDRA RESIDENCES TARC ISHVA Premium Luxury Premium Ultra Residences Luxury Residences • Location: Bijwasan Road, • Location: Central West Kapashera Delhi • Landmark: Delhi IGI Airport, • Landmark: Delhi Ridge Aerocity Premium Indepen
Slide 13: TARC Tripundra Launched in Oct'22
TARC TRIPUNDRA LAUNCHED IN OCT’22 Overview Highlights Gallery Construction In • The premium luxury project was launched at INR 18,500 per sq.ft. Greeted with strong Progress response • Located in South Delhi, opposite Pushpanjali 2022-25 Farms and 2,200 acres of uninterrupted Status greenery area. S
Slide 14: TARC Tripundra Photo Gallery and Site Status
TARC TRIPUNDRA PHOTO GALLERY AND SITE STATUS ACTUAL PHOTOGRAPH CURRENT SITE STATUS 13
Slide 15: Campaign on Launch of TARC Tripundra (1/2)
CAMPAIGN ON LAUNCH OF TARC TRIPUNDRA (1/2) Brand engagement Print Media Hoardings 14
Slide 16: Campaign on Launch of TARC Tripundra (2/2)
CAMPAIGN ON LAUNCH OF TARC TRIPUNDRA (2/2) Digital Campaign Event for the Channel Partners 15
Slide 17: TARC Ishva Premium Independent Floors
TARC ISHVA PREMIUM INDEPENDENT FLOORS Overview Highlights Gallery • Consistent launches of projects in pipeline Under Launch: Construction of experience • Located in Sector 63A, Gurugram center has begun • Well developed neighborhood with landmarks 2023-25 such as Worldmark, Golf course road Status
Slide 18: TARC Patel Road Residences
TARC PATEL ROAD RESIDENCES Overview Highlights Gallery • High rise ultra luxury residential apartments Launching Soon: Demolition of existing structure • Situated at one of the most prime location in in Progress the heart of Delhi, right at the main Patel Road 2023-27 • To be designed by the best de
Slide 19: TARC Maceo Premium Residential
TARC MACEO PREMIUM RESIDENTIAL Overview Highlights Gallery • ~ 650 families living in TARC Maceo Completed • Best-in-class project in the vicinity with lush natural surrounding OC Received • Located at Sector 91, Gurugram, easy accessibility from NH8, KMP/Dwarka Status Expressway Duration • Offers 8
Slide 20: TARC Maceo Photo Gallery
TARC MACEO PHOTO GALLERY ACTUAL PHOTOGRAPHS 19
Slide 21: Opportunities & Strengths
YTARC OPPORTUNITIES & STRENGTHS
Slide 22: Delhi & NCR: A High Growth Market
DELHI & NCR: A HIGH GROWTH MARKET • Safety & Security facilities in well-equipped high-end apartments is a great customer attraction • New age and Millennial Consumer preferences have shifted towards smart housing and experiential living High rise & Community living • High rise permits are being gra
Slide 23: What Makes Us Different in the Market
WHAT MAKES US DIFFERENT IN THE MARKET Prime Locations Financial Stability Development of premium Land TARC has long term financing available from parcels into various projects marque investor and surplus cash flow to be across prime locations in Delhi & generated from consistent new launches NCR Ful
Slide 24: Values That TARC Adheres To
VALUES THAT TARC ADHERES TO Integrity Leads Us We believe in leading with transparency and strive Break the Mold to build strong relationships based on trust with all Our tools help us exceed expectations with our stakeholders. creativity and imagination by aiming higher and adopting smart work prac
Slide 25: Organisational Buildup
YTARC ORGANISATIONAL BUILDUP
Slide 26: Our Leadership
OUR LEADERSHIP Anil Sarin Amar Sarin Chairman Managing Director & CEO Rajeev Trehan Anil Mahindra Nitin Goel Amit Narayan Chief Operating Officer Chief Land Officer Chief Financial Officer Company Secretary Anil Gupta Shuaib Ahmad Sushil Singhal Head- Projects Head- Sales & Marketing Head- Investor
Slide 27: Corporate Governance
CORPORATE GOVERNANCE SHAREHOLDING PATTERN Transparency (As on 30th September 2022) Engagement with stakeholders on regular intervals: Detailed and regular communication Management The promoter family is completely committed to the business with a combination of senior-level professional management h
Slide 28: Financial Highlights
YTARC FINANCIAL HIGHLIGHTS
Slide 29: Highlights: H1 FY'23
HIGHLIGHTS: H1 FY’23 • Achieved new sales booking • TARC Tripundra project was • The Company has hired • Compensation of INR 70 Cr. of INR 117 Cr launched in Oct’22 functional heads with 20+ from the Government for land • On track to achieve targeted • Greeted with a strong response years of experie
Slide 30: Financials – P&L Highlights (Consolidated)
FINANCIALS – P&L HIGHLIGHTS (CONSOLIDATED) INR Cr. Particulars Q2 FY’23 Q2 FY’22 H1 FY’23 H1 FY’22 FY’22* FY’21 Total Income 58.2 161.0 129.5 188.3 300.7 220.9 EBITDA 39.4 62.2 97.5 66.2 (134.4) 29.7 EBITDA % 67.7% 38.6% 75.3% 35.2% -- 13.4% PBT 10.4 45.1 28.7 41.4 (229.3) 0.9 PAT 8.2 5.3 17.5 2.1 (
Slide 31: Financials – Balance Sheet Highlights (Consolidated)
FINANCIALS – BALANCE SHEET HIGHLIGHTS (CONSOLIDATED) INR Cr. Particulars H1 FY’23 H1 FY’22 FY’22 FY’21 Assets Investment Properties (incl. under dev)* 781.9 805.2 600.3 1,031.9 Inventories 709.6 833.9 1,065.2 847.8 Other Non Current Assets 1,356.8 1,474.7 1,170.7 1,428.8 Other Current Assets 315.3 3
Slide 32: Key Takeaways
KEY TAKEAWAYS Immense Industry Delhi presents a vast opportunity of highly growing and sustainable premium residential real estate Opportunities TARC: Building a TARC is gaining momentum in its launches, and is building its brand through increased engagement on the Premium Brand customer end Prudent
Slide 33: Disclosure
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 forward-looking statements. The ris
Slide 34: Thank You!
THANK YOU! For more information contact: TARC Limited Kaptify Consulting LLP investors@tarc.in Investor Relation Advisory www.tarc.in contact@kaptify.in || (M): +91 – 845 288 6099 www.kaptify.in