Tarc Limited · NSE:TARC
Tarc — Q1 FY2025 Earnings Presentation
31 slides from Tarc's earnings presentation, Aug 12, 2024
Slide 1: TARC cover letter to stock exchanges
s\l12 TnrS TARC August 12,2024 T0, T"o" The Generai Manager The Viee 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 Equity Scrip code: 543249 Scri
Slide 2: TARC Limited Investor Presentation Q1FY25
TARC LIMITED |. INVESTOR PRESENTATION |. Q1FY25
Slide 3: Business Highlights
BUSINESS HIGHLIGHTS Financial Business Project Launch Project Success Approaching Performance Liquidity TARC Kailasa, our TARC Tripundra, the Launch TARC Limited We achieved largest luxury Company’s luxury TARC 63A Gurugram achieved presales collection of ₹109 residential residential development is
Slide 4: Impact of change in LTCG tax on Real Estate
Impact of change in LTCG tax on Real Estate • It gives an identification to Real estate as an asset class with better post-tax returns when compared with other conventional asset class. • Encourage taxpayers to invest in new residential house to claim benefits u/s. 54 to save tax • Under the new tax
Slide 5: Index
INDEX 05 11 15 23 27 Overview Strategy Portfolio Financial ESG Performance 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: 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 Listed in Delhi and acres December 2020 Gurugram 6
Slide 8: 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 momentous journey increased our of over 20 through a demerger a
Slide 9: 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 10: Focussed Micro-Markets: Delhi & Gurugram
FOCUSSED MICRO-MARKETS: DELHI & GURUGRAM Strategically located land holdings: Acres Central, South and West Delhi 125 TARC Patel Road 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 compens
Slide 11: CEO Says…
CEO Says… “We have received exemplary response on our launches till date and imprinted our position in the luxury real estate market. We are coming with our next launch in Gurugram and look forward to deliver an even better product, curated for our tasteful customers. We are focussed on giving holis
Slide 12: ₹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 13: Guidance
GUIDANCE Company will be primarily focused in developing luxury residential projects in New Delhi & Gurugram Company firmly reiterates ₹5000 cr presales for the year FY2025 and confident to meet the guidance 5000 Viewing the forthcoming projects, the Company guides that it will continue to grow at a
Slide 14: Project Calendar
PROJECT CALENDAR Sales Launch Size* Project / Location Location Category Potential* Period (MSF) (₹ Cr) LAUNCHED Launched Projects ~ ₹ 5,000 crore TARC Tripundra New Delhi Luxury Q3FY23 0.5 1,000 TARC Kailasa New Delhi Luxury Q4FY24 1.7 4,000 Upcoming development UPCOMING ~ ₹2,600 crore TARC 63A Gur
Slide 15: Catalysing Growth
CATALYSING GROWTH DRIVING SUSTAINABLE GROWTH THROUGH A CALIBRATED APPROACH Strategically Demand for luxury Compelling launch located land bank condominiums pipeline at historical costs Financial strength Accomplished Positioning as a on back of strong Organizational Luxury Residential future cashflo
Slide 16: 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 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: 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. 20
Slide 22: 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 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: Financial Statement (Consolidated)
FINANCIAL STATEMENT (CONSOLIDATED) ₹ Cr. Particulars Q1FY25 Q4FY24 Q1FY24 Revenue 8.21 9.48 62.94 Add: Other Income 1.41 0.88 1.63 Total income (A) 9.63 10.37 64.57 Less: Direct Costs including change in inventory (26.13) (12.41) 13.07 Less: Other expenses 34.73 26.00 8.76 EBITDA (B) 1.02 (3.22) 42.
Slide 25: Debt Profile
DEBT PROFILE ₹ Cr. Year 2, 15% Particulars Q4FY24 Year 5, 35% Debt (Non-Convertible Debentures) 1321.0 Year 3, 20% Year 4, 30% Redemption Schedule of NCDs The Company has been assigned ACUITE BB+ (STABLE OUTLOOK) rating. Exclusive Financial Partner Bain Capital 24
Slide 26: 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 27: Leading from the Front
LEADING FROM THE FRONT Rajeev Trehan Anil Mahindra Nitin Goel Amit Narayan Amit Tyagi CHIEF OPERATING OFFICER LAND & LEGAL FINANCE COMPANY SECRETARY PROJECTS Vikas Sharma Suneet Singh Anjul Gupta Atul Bajaj Ankush Vijan SALES & MARKETING MARKETING PEOPLE & CULTURE HOSPITALITY & FACILITIES INVESTOR R
Slide 28: 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 29: 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 63A (upcoming project) • Received IGBC Gold pre-certification for TARC Tripundra •
Slide 30: Above & Beyond
ABOVE & BEYOND We painted the town WOMEN’S DAY CELEBRATION TARC Honored our women employees with flowers, sweets, and a powerful message on HNI MEET inclusion, celebrated through a special video shoot. We welcomed v ari ous H N IS s f or an ev ent f ul ev eni ng f i l l ed wi t h Mus i c and f ood.
Slide 31: 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