TARMAT LIMITED chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 155.74
Dividend & YieldN/A₹ (N/A)
Beta 0.65
Market capitalization 1.12B
Operating cash flow N/A
ESG Scores unknown

Company description

Tarmat Limited operates as an infrastructure company in India. It undertakes various construction works, including airport runway, highways, and railways; and develops infrastructure projects, such as ports, industrial area developments, refineries, etc. The company also develops real estate properties. The company was formerly known as Roman Tarmat Limited and changed its name to Tarmat Limited in September 2012. Tarmat Limited was incorporated in 1986 and is based in Mumbai, India.

Sector: Industrials - Industry: Engineering & Construction

Financial Ratios
Quick Ratio1.28
Working Capital0.06
Return On Equity0.08
Debt To Equity1.43
Fixed Asset Ratio0.33
Fixed Interest Cover2.05

Financial data

Financial Statements

Cashflow Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Change To Liabilities 395.83M -189.62M 464.71M -220.23M
Total Cashflows From Investing Activities -20.35M 29.52M -54.7M -19.35M
Net Borrowings 272.6M -478.71M 224.58M -208.12M
Total Cash From Financing Activities 257.06M -493.22M 200.93M -238.74M
Change To Operating Activities -243.36M 492.67M -483.67M 201.9M
Issuance Of Stock
Net Income 12.4M 5.78M 68.72M 51.47M
Change In Cash 28.51M -12.64M 15.81M 6.09M
Effect Of Exchange Rate
Total Cash From Operating Activities -208.21M 451.06M -130.42M 264.19M
Depreciation 10.28M 9M 8.15M 13.82M
Change To Account Receivables -119.57M 150.35M -24.28M 122.8M
Other Cashflows From Financing Activities -15.54M -14.51M -23.65M -30.62M
Change To Netincome 14.5M 14.29M 21.35M 29.76M
Capital Expenditures -61.61M -61.61M -61.61M -25.83M

Income Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Research Development
Income Before Tax 1.02M 7.1M 88.34M 40.16M
Net Income 12.4M 5.78M 68.72M 51.47M
Selling General Administrative 24.34M 32.76M 58.36M 63.04M
Gross Profit 45.73M 80.65M 192.67M 184.81M
Ebit -91.83M -196.63M 103.22M 57.49M
Operating Income -91.83M -196.63M 103.22M 57.49M
Interest Expense -15.48M -14.43M -23.38M -28.07M
Income Tax Expense -11.38M 1.32M 19.62M -11.31M
Total Revenue 2.05B 1.32B 2.76B 1.96B
Cost Of Revenue 2.01B 1.24B 2.57B 1.77B
Total Other Income ExpenseNet 92.85M 203.73M -14.88M -17.34M
Net Income From Continuing Ops 12.4M 5.78M 68.72M 51.47M
Net Income Applicable To Common Shares 12.4M 5.78M 68.72M 51.47M

Balance Sheet Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Total Liabilities 2.21B 1.54B 2.14B 1.71B
Total Stockholder Equity 392.16M 397.94M 561.46M 612.92M
Other Current Liabilities 29.76M 79.44M 224M 180.02M
Total Assets 2.6B 1.94B 2.7B 2.33B
Common Stock 109.61M 109.61M 133.31M 133.31M
Other Current Assets 942.11M 471.78M 741.31M 776.66M
Retained Earnings -338.99M -333.2M -264.49M -213.02M
Treasury Stock 850k 850k 850k 850k
Cash 83.08M 91.02M 278.52M 146.97M
Total Current Liabilities 1.5B 558.18M 1.02B 825.13M
Other Stockholder Equity 850k 850k 850k 850k
Property, Plant, and Equipment 126.17M 114.63M 168.09M 180.1M
Total Current Assets 1.91B 1.33B 2.01B 1.75B
Net Tangible Assets 390.7M 396.48M 560M 611.46M
Net Receivables 347.89M 195.65M 233.71M 131.2M
Accounts Payable 673.65M 434.69M 748.69M 600.1M


Insider Transactions

Here are the insider transactions of stock shares related to TARMAT LIMITED:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Varghese (Jerry)Other at price 0.94 per share.D2022-04-21Chief Executive Officer1.22M
Varghese (Jerry)I2022-04-21Chief Executive Officer
Varghese (Dilip)Other at price 0.94 per share.D2022-04-21Chief Operating Officer1.15M
Varghese (Dilip)I2022-04-21Chief Operating Officer
Surana (Sunita Babulal)D2021-08-04Promoter138.78k
Surana (Sunita Babulal)D2021-07-30Promoter127.75k
Surana (Sunita Sanjay)D2021-07-30Promoter110.06k
Varghese (Jerry)Sale at price 0.54 per share.D2020-12-04Chief Executive Officer276k
Varghese (Jerry)Sale at price 0.52 per share.D2020-11-27Chief Executive Officer176k
Somani Estates Pvt LtdD2020-10-01Institution- Corporation333k
Surana (Sunita Sanjay)Acquisition at price 0.60 per share.D2020-09-30UNREPORTED134.94k
Varghese (Jerry)Sale at price 0.60 per share.D2020-09-30Chief Executive Officer744k
Surana (Sunita Babulal)Acquisition at price 0.60 per share.D2020-09-30UNREPORTED155.06k
Varghese (Jerry)Sale at price 0.54 per share.D2020-09-18Chief Executive Officer17.63k
Varghese (Dilip)D2018-04-03Director (Executive)700k
Varghese (Dilip)D2018-03-26Director49k
Varghese (Dilip)D2018-01-11Director (Executive)14.55k
Varghese (Dilip)D2018-01-09Director (Executive)50k
Varghese (Dilip)D2018-01-08Director (Executive)830.03k
Varghese (Dilip)D2014-07-30Director (Executive)1.04M
Varghese (Dilip)D2012-12-31Director (Executive)1k
Varghese (Jerry)D2011-09-19Executive Chairman13.18k
Varghese (Dilip)D2011-09-19Director (Executive)9.35k
Varghese (Jerry)D2010-03-31Executive Chairman10.8k
Varghese (Dilip)D2010-02-23Director (Executive)7k
Varghese (Dilip)D2009-12-31Director (Executive)17.98k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to TARMAT LIMITED. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on TARMAT LIMITED

Here is the result of two systematic investment strategies applied to TARMAT LIMITED. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on TARMAT LIMITED

The following chart shows the equity curve of the two systematic investment strategies applied to TARMAT LIMITED:

TARMAT LIMITED automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 41.6% on the backtest period.

Performance at glance

Performance

41.6 %

Latent gain

1060.5 ₹

Invested capital

2549.4 ₹

Annualized return

9.86 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on TARMAT LIMITED

This is the result of two momentum investment strategies applied to TARMAT LIMITED. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on TARMAT LIMITED

The following chart shows all the entries opened by the momentum investment system on TARMAT LIMITED:

TARMAT LIMITED momentum entries
  • The first momentum investment strategy would give 81.07% of return on TARMAT LIMITED. That represents 3617.35₹ of latent gain with 4461.95₹ of employed capital.
  • The second momentum investment strategy would give 77.64% of return on TARMAT LIMITED. That represents 2654.65₹ of latent gain with 3419.15₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

81.07 %

Latent gain

3617.35 ₹

Invested capital

4461.95 ₹

Annualized return

13.41 %
Performance at glance (2Q Momentum)

Performance

77.64 %

Latent gain

2654.65 ₹

Invested capital

3419.15 ₹

Annualized return

20.76 %

Momentum equity curve on TARMAT LIMITED

The following chart shows the equity curve of the two momentum strategies applied to TARMAT LIMITED:

TARMAT LIMITED momentum equity

Note: the dividends potentially given by TARMAT LIMITED are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TARMAT LIMITED

The following chart shows the employed capital evolution of the two momentum strategies on TARMAT LIMITED since the beginning:

TARMAT LIMITED

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on TARMAT LIMITED

Buy the dip entry openings on TARMAT LIMITED

TARMAT LIMITED

The performance achieved by the robo-advisor on TARMAT LIMITED is 29.78%. That represents 78.9$ of latent gain with 264.9₹ of employed capital. The following chart shows TARMAT LIMITED stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of TARMAT LIMITED, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

29.78 %

Latent gain

78.9 ₹

Invested capital

264.9 ₹

Annualized return

13.41 %

Equity curve of the strategy applied to TARMAT LIMITED

The following chart shows the result of the investment strategy applied to TARMAT LIMITED:

TARMAT LIMITED

Note: the dividends potentially given by TARMAT LIMITED are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TARMAT LIMITED

The following chart shows the employed capital evolution since the beginning of the investment strategy on TARMAT LIMITED:

TARMAT LIMITED

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on TARMAT LIMITED

In this section, I will compare the three previous investment strategies applied to TARMAT LIMITED.

Equity curve comparison on TARMAT LIMITED

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

TARMAT LIMITED investment strategy comparison

Employed capital comparison on TARMAT LIMITED

TARMAT LIMITED investment comparison

Performance comparison on TARMAT LIMITED

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 41.6% 1060.5₹ 2549.4₹ 9.86%
Momentum 1 quarter 81.07% 3617.35₹ 4461.95₹ 20.37%
Momentum 2 quarters 77.64% 2654.65₹ 3419.15₹ 20.76%
Non-directional 29.78% 78.9₹ 264.9₹ 13.41%
Annualized return comparison

Automatic investment

9.86 %

Momentum 1Q

20.76 %

Momentum 2Q

20.76 %

Non-directional

13.41 %

Correlated stocks

Here are the most positively and negatively correlated stocks with TARMAT LIMITED:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between TARMAT LIMITED and the other stocks. There may be false positives or some missing correlated stocks. If the price of TARMAT LIMITED does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name TARMAT LIMITED
Country India
City Mumbai
Address General A K Vaidya Marg
Phone 91 22 2840 2130
Website www.tarmat.in
FullTime employees 83
Industry Engineering & Construction
Sector Industrials
Exchange XNSE
Ticker TARMAT.XNSE
Market

TARMAT LIMITED ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown