TARC's Sales Bookings up by 131% in FY25

TARC reported its strongest operational performance to date for the financial year ending March 31, 2025 (FY25), driven by robust sales across its luxury residential portfolio and aggressive execution of ongoing developments.

Key Financial & Operational Highlights

• Q4 FY25 Sales stood at ₹1,235 crore, contributing significantly to the full-year performance.
• TARC achieved over 7x growth in sales in just two years (₹520 Cr in FY23 to ₹3,722 Cr in FY25).

Project-Wise Highlights

• TARC Tripundra (New Delhi): Nearing completion, with significant revenue recognition expected in FY26.
• TARC Kailasa (New Delhi): Launched with a GDV of ₹4,000 crore; Phase 1 fully sold out.
• TARC Ishva (Gurugram): Launched in Q2 FY25 with GDV of ₹2,700 crore; inventory largely sold.

Aggregate GDV of launched projects: ~₹7,700 crore

Planned pipeline from own land bank: ~₹10,000 crore over ~30 lakh sq ft.

CEO Commentary

“This financial year has been a landmark for TARC with our highest ever annual sales of ₹3,722 crore, reflecting strong customer confidence and execution capabilities across our marquee developments,” said Amar Sarin, Managing Director & CEO. “With Tripundra slated for delivery, we anticipate substantial revenue recognition in FY26, and are excited about new launches to tap the accelerating luxury demand in NCR”.

Strategic & Financial Outlook

• Unrealized Net Cash Flows from ongoing projects are estimated at ₹4,000 crore over FY26–FY29, with expected collections of ₹1,300–₹1,500 crore annually.
• TARC has refinanced project borrowings at significantly lower costs and remains focused on achieving cashflow positivity within two years.
• The company continues to acquire new land parcels and prioritizes timely execution and embedded margins in ongoing projects.

Recognition & Market Positioning

TARC received multiple industry accolades, including:

• Luxury Project of the Year – TARC Kailasa (2024)
• Best Upcoming Project – TARC Tripundra (2023)
• Residential Project – Ultra Premium – TARC Ishva (2025)

With strong positioning in Delhi and Gurugram, TARC is benefiting from rising absorption and pricing in the NCR luxury real estate market. The average price per square foot in the region rose to ₹27,495 in 2024, supporting margin expansion.

Disclaimer: This content is only for informational purpose. It does not make any recommendation to act or invest. Please read the offer documents carefully before investing. Investments are subject to market risks and other risks. There is no guarantee of the actual returns that will be given.

REF: https://nsearchives.nseindia.com/corporate/TARC_29052025212122_InvestorPresentationQ4FY25_Signed.pdf