Tarmat logo

Tarmat share price

NSE: TARMATBSE: 532869ConstructionSmall Cap

Formerly Roman Tarmat
Last close ₹51.82down ₹1.10 (2.08%)BSE ₹51.29

Share price at the NSE close on 23 Oct 2026. Previous close ₹52.92.

52-week range of traded prices to 23 Oct 2026
₹46.26Low, 13 Jan 2026₹73.90High, 27 Feb 2026
Market cap
₹130 Cr2,707th largest listed
P/E
18.3
P/B
0.7
Dividend yield
Nonein the last 12 months
ROE
3.9%
ROCE
3.4%
Debt to equity
0.08
Volume, NSE
8,22759.4% delivered

Share price

Daily closes since Jul 2007, adjusted for splits and bonuses

−4.1%over a year

Results20-session average 18,415 shares a day, 62.8% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 14 Aug

Revenue
₹36 Crdown 15.66%
Net profit
₹1.53 Crdown 48.15%
Net margin
4.3%

Revenue by year

Peak revenue ₹276 Cr, year to Mar 2020

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 1 of the 10 years shown
₹ croreSep 2024Filed 15 NovDec 2024Filed 14 FebMar 2025Filed 13 JunJun 2025Filed 14 AugSep 2025Filed 14 NovDec 2025Filed 5 FebMar 2026Filed 30 MayJun 2026Filed 14 Aug
Revenue15.626.137.824.922.727.342.535.8
Net profit0.40.30.60.71.51.13.01.5
Net margin2.6%1.3%1.5%2.8%6.5%4.1%7.0%4.3%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, INFRA, which carries all its revenue.

Valuation

Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history

Price to earnings

At or below today's level on 22% of 2,127 trading days over the last 10 years.

LowestHighest
Its median29.3Industry median13.1
Price to book

At or below today's level on 9% of 596 trading days over the last 3 years.

LowestHighest
Its median0.8Industry median1.4
EV to EBITDA15.0

At or below today's level on 1% of 596 trading days over the last 3 years.

LowestHighest
Its median46.3Industry median10.8

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−0.4%+217.3%−68.6%0.0%
3 years−12.5%−10.5%−2.2%0.0%
5 years+3.1%+11.4%−7.4%0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2023.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters29.11%
  • Foreign institutions1.81%
  • Individuals and others69.08%
Holder
JERRY VARGHESEPromoter13.24%
YASH JAYESH MEHTAResident individuals, over ₹2 lakh at face value7.71%
TARMAT HOLDINGS PVT. LTD.Promoter5.43%
DILIP VARGHESEPromoter5.26%
FAITHFUL VANIJYA PRIVATE LIMITEDCompanies4.99%
FERSTAR TRADE PRIVATE LIMITEDCompanies4.99%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Civil Construction, 169 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Tarmat in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Modulex Construction Technologies logoModulex Construction TechnologiesMODULEX141––––––−4.7%0.00%
Safety Controls & Devices logoSafety Controls & DevicesSCDL1419.82.4–––24.5%–0.00%
Karbonsteel Engineering logoKarbonsteel EngineeringKARBON13713.11.25.3––9.1%17.0%0.00%
Oneindig Technologies logoOneindig TechnologiesONEINDIG13021.46.3–––29.3%–0.00%
Sai Urja Indo Ventures logoSai Urja Indo VenturesSAIURJA127–––––––0.00%
Desco Infratech logoDesco InfratechDESCO1217.41.7–––25.2%–0.00%
Jayant Infratech logoJayant InfratechJAYANT12114.32.0–−8.2%+0.4%15.4%–0.00%
Winsol Engineers logoWinsol EngineersWINSOL1198.31.9–+22.6%+35.6%25.4%–0.97%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Ex-dateTypePer share
20 Sep 2010Final₹1.00
15 Sep 2009Final₹1.00
1 Sep 2008Final10% of face value (₹1.00 a share)
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Tarmat share price by year

Each calendar year to 2025.Tarmat share price history

YearClose at year endChangeHighest closeLowest close
202550.80−34.3%80.4447.24
202477.29−17.0%148.3571.93
202393.15+68.3%96.8549.95
202255.35−23.1%77.6042.20
202171.95+36.3%94.6543.25
202052.80+128.1%59.9019.00
201923.15−41.2%45.8019.80
201839.35−42.3%76.0528.25
201768.25+60.2%79.8030.80
201642.60+57.5%53.0021.10
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 202653.0054.4350.4251.8252.618,22759.4%
22 Oct 202652.9554.9051.8152.9253.667,15155.9%
21 Oct 202653.2553.2551.3052.7952.307,41367.8%
19 Oct 202653.5055.3653.1653.2554.1315,51969.0%
16 Oct 202655.3056.3054.1554.6154.927,78373.1%
15 Oct 202653.8056.0053.8055.3055.235,49874.3%
14 Oct 202654.2056.8053.8854.7955.0715,89756.1%
13 Oct 202657.2957.2954.7855.8355.975,75278.8%
12 Oct 202655.5057.0055.0556.2055.952,19757.4%
9 Oct 202655.1557.8055.1555.8455.974,34684.5%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
Tarmat Limited
NSE symbol
TARMAT
BSE code
532869
ISIN
INE924H01018
Industry
Construction
Listed
Jul 2007
Face value
₹10
Former symbols
ROMAN
CIN
L45203MH1986PLC038535
Corporate identity number, the registrar of companies' code for it