Zuari Agro Chemicals Ltd

Zuari Agro Chemicals Ltd

₹ 212 0.21%
23 May 3:09 p.m.
About

Incorporated in 1967, Zuari Agro Chemicals Ltd manufactures, trades and markets chemical fertilizers and fertilizer
products[1]

Key Points

Business Overview:[1][2]
ZACL is the flagship company of Adventz Group. It is also the holding company for the other agri-business operations of the Adventz Group. Company is a single-window agricultural solution provider and manufacturer of high-quality complex fertilizers of various grades along with micro nutrients and speciality fertilizers. Company manufactures and markets Single Super Phosphate (SSP) through its brand Jai Kisaan

  • Market Cap 891 Cr.
  • Current Price 212
  • High / Low 268 / 151
  • Stock P/E
  • Book Value 32.2
  • Dividend Yield 0.00 %
  • ROCE 1.84 %
  • ROE -43.2 %
  • Face Value 10.0

Pros

  • Debtor days have improved from 87.0 to 53.1 days.

Cons

  • Stock is trading at 6.55 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -0.99% over past five years.
  • Company has a low return on equity of -80.6% over last 3 years.
  • Earnings include an other income of Rs.31.9 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Fertilizers Industry: Fertilizers

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
26 52 28 46 39 41 15 10 17 26 14 5 2
27 54 44 50 43 42 28 16 21 27 18 9 8
Operating Profit -1 -1 -16 -4 -4 -2 -13 -6 -3 -1 -4 -4 -6
OPM % -4% -2% -59% -9% -10% -4% -91% -55% -18% -3% -26% -78% -312%
23 1,134 3 3 -639 9 24 3 113 5 22 0 5
Interest 26 22 27 26 26 26 26 24 26 22 22 22 19
Depreciation 1 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax -5 1,111 -42 -28 -670 -19 -17 -27 84 -19 -5 -27 -22
Tax % 23% 23% -12% -24% -26% 0% 0% 0% 0% 0% 0% 0% 6%
-6 850 -36 -21 -499 -19 -17 -27 84 -19 -5 -27 -23
EPS in Rs -1.49 202.12 -8.65 -5.06 -118.54 -4.44 -3.93 -6.45 19.90 -4.47 -1.13 -6.34 -5.43
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
5,173 5,504 5,264 4,077 4,648 4,731 50 0 83 165 83 48
4,996 5,281 5,071 3,780 4,303 4,639 634 165 91 189 107 62
Operating Profit 177 223 193 296 344 92 -584 -165 -8 -24 -24 -15
OPM % 3% 4% 4% 7% 7% 2% -1,162% -149,673% -9% -15% -28% -31%
125 49 103 -7 53 -23 758 50 45 501 150 32
Interest 260 233 301 330 316 377 157 118 116 101 101 86
Depreciation 21 18 32 39 43 43 8 4 4 4 3 3
Profit before tax 21 21 -37 -80 39 -351 10 -237 -82 371 21 -72
Tax % -26% 40% -75% -24% 22% -6% 2,090% 0% 1% 21% 0% 2%
26 12 -9 -60 30 -329 -189 -237 -83 294 21 -73
EPS in Rs 6.22 2.94 -2.15 -14.35 7.21 -78.21 -45.00 -56.38 -19.84 69.87 5.09 -17.38
Dividend Payout % 48% 68% -93% -7% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -38%
5 Years: -1%
3 Years: -17%
TTM: -42%
Compounded Profit Growth
10 Years: %
5 Years: 14%
3 Years: 2%
TTM: 22%
Stock Price CAGR
10 Years: 0%
5 Years: 21%
3 Years: 10%
1 Year: 23%
Return on Equity
10 Years: %
5 Years: %
3 Years: -81%
Last Year: -43%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 42 42 42 42 42 42 42 42 42 42 42 42
Reserves 764 761 747 620 632 274 75 -151 -193 128 161 94
2,614 2,382 3,353 3,096 3,140 3,521 1,804 909 1,229 656 632 567
956 1,244 764 949 1,246 1,869 1,735 2,428 2,103 260 240 431
Total Liabilities 4,376 4,430 4,906 4,707 5,060 5,706 3,656 3,229 3,180 1,087 1,075 1,133
236 266 369 487 506 545 493 80 75 65 62 58
CWIP 78 98 89 129 114 119 121 0 0 1 2 4
Investments 329 329 371 911 886 751 1,175 1,184 1,549 867 872 633
3,733 3,737 4,078 3,180 3,554 4,291 1,868 1,965 1,557 154 137 438
Total Assets 4,376 4,430 4,906 4,707 5,060 5,706 3,656 3,229 3,180 1,087 1,075 1,133

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
357 639 -397 786 279 -76 2,065 525 539 9 3 242
-32 -237 -374 -2 -17 -39 56 -83 95 683 129 35
-481 -403 773 -785 -235 89 -2,076 -437 -685 -689 -116 -148
Net Cash Flow -155 -1 2 -1 27 -26 45 4 -51 4 16 129

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 202 176 188 198 173 186 5,964 33 47 95 113 53
Inventory Days 51 48 37 55 71 124 2,396 9,380 118 105 164 23
Days Payable 53 80 45 74 99 151 13,217 131,144 797 523 781 1,185
Cash Conversion Cycle 200 143 180 179 145 159 -4,857 -121,731 -631 -323 -504 -1,109
Working Capital Days 195 147 190 165 148 147 -3,942 -2,449,581 -822 -346 -752 -1,277
ROCE % 6% 8% 8% 8% 10% 4% -19% -9% 4% -1% 1% 2%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
65.28% 65.28% 65.28% 65.28% 65.28% 65.28% 65.28% 65.28% 65.28% 65.21% 65.21% 65.21%
0.84% 1.43% 1.10% 1.13% 1.09% 1.02% 1.58% 1.27% 1.08% 1.18% 2.52% 1.33%
1.43% 1.08% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 0.09% 0.09% 0.09% 0.09%
0.28% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
32.17% 32.22% 32.62% 32.58% 32.62% 32.70% 32.13% 32.46% 33.55% 33.51% 32.18% 33.37%
No. of Shareholders 30,01732,22530,90830,99631,69732,12733,84537,65539,75745,08444,27746,257

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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