What we do Tarmat Ltd specializes in large-scale civil engineering projects including airfield runways and national highways across India, constructing essential infrastructure. |
Founded in 1,986 |
Market share Not a market leader but a reputable infrastructure contractor with significant government and airport projects. |
Problem solved Provides critical infrastructure including highway and airport pavement construction to support transportation and logistics needs. |
Top clients or who we serve Mainly B2G, serving government departments, airports, and public infrastructure agencies across India. |
Key management - |
Our journey and innovations Started in 1986 with road projects, expanded to airports and highways, and operates multiple crushing and concrete plants for efficiency. |
Where we operate India-wide with ongoing projects in Maharashtra, Tamil Nadu, Kerala, Mizoram, Gujarat, and Delhi. |
Top products or what we offer Civil construction of highways, airside infrastructure like runways, taxiways, aprons, and road pavements. |
Top brands - |
Raw materials needed Construction aggregates, concrete, bitumen, steel, and heavy machinery. |
Raw materials supplier - |
Recurring vs cyclical contribution Primarily project-based cyclical revenues from government contracts. |
Our industry position Mid-tier player executing several major government infrastructure projects, maintaining steady growth. |
Financial highlights FY 2024-25 Revenue Rs. 101.28 Cr, Profit Rs. 1.87 Cr, recovering from previous losses. |
Geographical revenue split Operations mainly concentrated in multiple Indian states with project-based revenue. |
Order book Unfinished projects valued around Rs. 250 Cr as of FY 2025. |
Whats driving growth Infrastructure push by government with increased budget and urban development projects. |
Our future plans Securing new projects leveraging increased infrastructure spending and expanding airport and highway construction business. |
Our green promise Efforts to optimize energy use and implement sustainable construction practices are underway. |
Our people and values Emphasizes employee equality, safety, and ethics with strong governance and zero tolerance for harassment. |
Key challenges ahead Competition for government contracts, regulatory changes, and project execution risks. |
Interesting facts Completed resurfacing at Mumbai and Delhi airports; expanded share capital through successful IPO and warrants. |
Risks and strategy Mitigating project delays and financial risks with robust internal controls and diversified project portfolio. |
