Tarmat logo

Tarmat share price

NSE: TARMATBSE: 532869ConstructionSmall Cap

Tarmat Limited · Formerly Roman Tarmat · Face value ₹10 · Listed Jul 2007
Last close ₹55.09up ₹2.03 (3.83%)BSE ₹55.20

Share price at the NSE close on 28 Oct 2026. Previous close ₹53.06.

28 Oct: open ₹53.06, high ₹56.00, low ₹53.00

52-week range of traded prices to 28 Oct 2026
₹46.26Low, 13 Jan 2026₹73.90High, 27 Feb 2026
Market cap
₹138 Cr2,707th largest listed
P/E
19.50
P/B
0.74
Dividend yield
Nonein the last 12 months
ROE
3.9%
ROCE
3.4%
Debt to equity
0.08
Volume, NSE
6,72879.4% delivered

Tarmat share price chart

Daily closes since Jul 2007, adjusted for splits and bonuses

+5.9%over a year · Nifty 500 −8.8%

Results20-session average 16,200 shares a day, 64.0% delivered

Results

Consolidated; ₹ crore.Tarmat quarterly results

Revenue growth, 12 months
+22.8%
Net profit growth, 12 months
+252.3%

Quarter to Jun 2026, against the quarter before

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

Revenue by quarter

₹16 CrSep 24₹26 CrDec 24₹38 CrMar 25₹25 CrJun 25₹23 CrSep 25₹27 CrDec 25₹42 CrMar 26₹36 CrJun 26
Peak revenue ₹42 Cr, quarter to Mar 2026; lowest ₹16 Cr, quarter to Sep 2024

Net profit by quarter, a loss in red

₹0.41 CrSep 24₹0.34 CrDec 24₹0.57 CrMar 25₹0.69 CrJun 25₹1.46 CrSep 25₹1.13 CrDec 25₹2.96 CrMar 26₹1.53 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
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.Tarmat PE ratio and valuation

Price to earnings

At or below today's level on 25% of 2,125 trading days over the last 10 years.

LowestHighest
Its median29.30Industry median13.39
Price to book

At or below today's level on 28% of 596 trading days over the last 3 years.

LowestHighest
Its median0.78Industry median1.37

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.

Shareholding

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

Since Jun 2026: promoters +0.06 pts, foreign institutions +0.01 pts.

Promoter and insider buying and selling

Trades made since 29 Oct 2025.Tarmat insider trading

Bought on the market Sold on the market
  • Promoters and promoter group7 purchases, 0 sales₹0.49 CrNo saleNet₹0.49 Cr
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Tarmat competitors and peers

Civil Construction, 169 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Tarmat in market cap. 1 company in the table last traded before then: its row is priced on its last trade.Construction companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Srinibas Pradhan Constructions logoSrinibas Pradhan ConstructionsSPCON16119.653.93––20.0%–0.00%
Niraj Cement Structurals logoNiraj Cement StructuralsNIRAJ1466.180.55+6.3%–9.3%5.6%0.00%
Karbonsteel Engineering logoKarbonsteel EngineeringKARBON14413.731.25––9.1%17.0%0.00%
Modulex Construction Technologies logoModulex Construction TechnologiesMODULEX141–––––−4.7%0.00%
Desco Infratech logoDesco InfratechDESCO1388.441.95––25.2%–0.00%
Safety Controls & Devices logoSafety Controls & DevicesSCDL1379.482.33––24.5%–0.00%
Oneindig Technologies logoOneindig TechnologiesONEINDIG13422.036.46––29.3%–0.00%
Jayant Infratech logoJayant InfratechJAYANT12414.732.08−8.2%+0.4%15.4%–0.00%
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.Tarmat dividend history

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.Tarmat 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 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 202652.5654.1052.5553.0653.365,78670.5%
26 Oct 202650.4155.0050.4152.5053.687,25770.4%
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%
Prices in ₹ per share as traded, not adjusted.

Company details

Chairperson
JERRY VARGHESE
At the end of the quarter to Sep 2026
Managing director
DILIP VARGHESE
At the end of the quarter to Sep 2026
NSE symbol
TARMAT
BSE code
532869
ISIN
INE924H01018
Industry
Construction
Former symbols
ROMAN
CIN
L45203MH1986PLC038535
Corporate identity number, the registrar of companies' code for it
Incorporated
1986
Registered office
Tank Road Off. Gen A.K. Vaidya Marg, Near Wageshwari Mandir, Goregaon East, Mumbai 400063, Maharashtra
Share registrar
Bigshare Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments