TARC Limited, New Delhi's leading luxury residential real estate developer, delivered robust performance in FY2026, achieving significant sales milestones and expanding its luxury development pipeline. The company demonstrated strong execution capabilities while maintaining its focus on quality delivery and customer satisfaction.

Financial Performance Overview

The company's financial performance for FY2026 showcased strong momentum across key metrics:

The strong collections during the year reflected sustained execution progress, healthy customer traction and robust operating cash flow visibility. With the launch of additional developments, the company witnessed strong sales traction and enhanced business momentum.

Key Development Milestones in Q4 FY26

TARC Tripundra Delivery Commencement

TARC Tripundra, a boutique luxury development launched in October 2022, achieved a key milestone with the commencement of customer handovers. Located amidst the serene green expanse of Pushpanjali Greens, New Delhi, this exclusive low-density residential development comprises three elegantly designed towers with 187 luxury residences. The development features approximately 70,000 sq. ft. of ready-to-experience amenities and carries a total gross development value of ₹1,000 crore. The company has initiated recognizing revenue from this quarter onwards.

TARC Kailasa Premium Inventory Launch

TARC Kailasa, the ultra-luxury development on Patel Road, New Delhi, saw introduction of most premium tower inventory, reflecting strong demand for large-format residences in well-connected locations. The company unveiled a new Experience Gallery and a fully furnished Sample Residence to enhance customer engagement and drive sales momentum.

TARC Ishva Expansion with Ishvara Tower

TARC Ishva unveiled Ishvara, the sixth and tallest tower at its luxury development in Sector 63A, Gurugram. This expansion increased the total gross development value to ~₹3,600 crore while reinforcing the development's luxury positioning. Ishvara represents the most refined expression of the development's signature Four-Side-Open philosophy, maximizing natural light, cross-ventilation and uninterrupted views.

Portfolio Overview

The three key developments represent a combined gross development value of approximately ₹9,000 crore, marking an important step forward while strengthening TARC's position in the capital's evolving real estate landscape:

Management Commentary

Mr. Amar Sarin, Managing Director & CEO, TARC Limited, highlighted that FY2026 marks a pivotal phase of progress for the company. He emphasized the significance of commencing handovers at TARC Tripundra as showcasing successful execution of a distinctive development in the capital. The company is currently working on expanding its development portfolio to be launched in FY2027 through a curated pipeline of luxury and ultra luxury developments, while continuing execution and financial discipline.

Future Growth Strategy

The company is positioning itself as an emerging institutional developer with a scalable platform to execute multiple developments. Building on current momentum, TARC is advancing towards unlocking its broader pipeline across Delhi by looking to add ultra luxury developments in FY27. With a focused approach of differentiated luxury curated residences, the company aims to set new benchmarks in the luxury residential segment in a supply constrained market.

TARC Limited has submitted its quarterly compliance certificate under SEBI regulations to both BSE and NSE. The certificate pertains to the quarter ended March 31, 2026, and was filed on April 6, 2026, as part of the company's regulatory obligations under the Securities and Exchange Board of India framework.

Regulatory Compliance Details

The certificate was issued under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This regulation mandates companies to provide quarterly confirmations regarding the dematerialization process of physical securities. The document was prepared and certified by Skyline Financial Services Private Limited, which serves as TARC Limited's registrar and transfer agent.

Certificate Confirmation

Skyline Financial Services Private Limited confirmed compliance with two critical regulatory requirements for the quarter. The registrar certified that all securities comprised in the certificates have been properly listed on the stock exchange where the company's earlier issued securities are already listed. Additionally, the certificate confirms that after due verification, all physical certificates were mutilated and cancelled, with the depository's name being substituted in the records as the registered owner within the prescribed 15-day timeframe.

Stock Exchange Communication

The compliance certificate was simultaneously submitted to both major Indian stock exchanges. BSE Limited received the document at its Dalal Street office, while National Stock Exchange of India Limited received it at the Exchange Plaza in Bandra Kurla Complex. TARC Limited trades on these exchanges with equity scrip code 543249 and debt scrip code 976606 under the symbol 'TARC'.

Corporate Structure

TARC Limited operates from its registered office located at 2nd Floor, C-3, Qutab Institutional Area, Katwaria Sarai, New Delhi 110016. The company secretary Amit Narayan signed the submission letter, ensuring proper authorization and compliance with corporate governance requirements. The certificate dated April 2, 2026, was formally acknowledged by Parveen Sharma as the authorized signatory from Skyline Financial Services Private Limited.