What we do TARC Ltd develops luxury residential and commercial real estate in Delhi-NCR, focusing on premium projects including apartments, townships, IT parks, and malls. |
Founded in 2,016 |
Market share Strong presence in luxury real estate in Delhi and Gurugram with 500+ acres of owned, fully paid land. |
Problem solved Addresses demand for high-quality, design-led luxury housing and commercial spaces with modern amenities in prime urban locations. |
Top clients or who we serve Serves end consumers seeking premium residences and commercial tenants; B2C focus with institutional investors involvement. |
Key management Amar Sarin (MD & CEO), Anil Sarin (Chairman), Muskaan Sarin (Whole Time Director & CBO), supported by seasoned independent directors. |
Our journey and innovations Incorporated as Anant Raj Global in 2016; renamed TARC Ltd in 2021; launched multiple luxury projects like Tripundra, Kailasa, Ishva; collaboration with Bain Capital. |
Where we operate Primarily operates in Delhi, Gurugram, Manesar, Greater Noida, and surrounding National Capital Region. |
Top products or what we offer Flagship luxury residential projects Tripundra, Kailasa, Ishva; commercial developments including SEZ, IT parks, and build-to-suit facilities. |
Top brands TARC Tripundra, TARC Kailasa, TARC Ishva - recognized for luxury, design-led developments with strong sales and occupancy. |
Raw materials needed Construction materials such as cement, steel, glass, finishing materials sourced locally and through industry suppliers. |
Raw materials supplier Various local and national suppliers; specific vendor details not disclosed. |
Recurring vs cyclical contribution Revenue largely from cyclical real estate sales and leasing activities with recurring components from commercial leases. |
Our industry position Emerging leader in luxury real estate within Delhi-NCR with significant land bank and strong project pipeline. |
Financial highlights FY25 standalone revenue ₹108 crore, loss ₹105 crore due to project expansions; consolidated revenue ₹39 crore with loss ₹231 crore reflecting investment and development costs. |
Geographical revenue split Revenue primarily from India, focused in Delhi-NCR region, contributing 100% of operations. |
Order book Strong order book with ₹977 crore pre-sales in 9 months FY26, supporting future cash flows and debt reduction plans. |
Whats driving growth Growth driven by urban luxury demand, strategic land bank, premium design focus, operational efficiencies, and partnership with Bain Capital. |
Our future plans Accelerate launches of Kailasa and Ishva, pursue new luxury developments, enhance capital efficiency, and target net debt zero by FY28. |
Our green promise Committed to IGBC certifications, zero single-use plastics, energy conservation, community welfare, and sustainable development principles. |
Our people and values Focus on employee wellness, skill development via TARC Learning Academy, inclusive culture with emphasis on transparency and ethics. |
Key challenges ahead Managing financial losses during growth phase, market cycles, regulatory approvals, cost controls, and maintaining brand reputation in luxury segment. |
Interesting facts TARC has sold out early phases rapidly, received multiple luxury real estate awards, and collaborated with global investment firm Bain Capital. |
Risks and strategy Risks include market downturns and execution delays; mitigated through land bank ownership, disciplined project management, and strong customer engagement. |
