Zodiac Energy Ltd
₹ 470
-0.02%
30 Jun
- close price
About
Incorporated in 1992, Zodiac Energy Ltd is in the business of installing Solar Power Generation Plant[1]
Key Points
- Market Cap ₹ 710 Cr.
- Current Price ₹ 470
- High / Low ₹ 819 / 318
- Stock P/E 35.5
- Book Value ₹ 64.0
- Dividend Yield 0.00 %
- ROCE 20.2 %
- ROE 27.7 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 46.1% CAGR over last 5 years
- Debtor days have improved from 93.5 to 51.1 days.
- Company's median sales growth is 47.2% of last 10 years
Cons
- Stock is trading at 7.35 times its book value
* 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
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
10 | 9 | 9 | 17 | 38 | 63 | 68 | 100 | 143 | 138 | 220 | 408 | |
9 | 8 | 9 | 16 | 35 | 58 | 63 | 93 | 134 | 130 | 201 | 371 | |
Operating Profit | 0 | 0 | 1 | 1 | 3 | 5 | 5 | 7 | 9 | 8 | 19 | 37 |
OPM % | 4% | 4% | 6% | 5% | 8% | 8% | 7% | 7% | 6% | 5% | 9% | 9% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 3 | 4 | 9 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 3 |
Profit before tax | 0 | 0 | 0 | 0 | 3 | 5 | 4 | 6 | 8 | 4 | 15 | 28 |
Tax % | 31% | 17% | 31% | 31% | 27% | 31% | 30% | 26% | 28% | 27% | 26% | 27% |
0 | 0 | 0 | 0 | 2 | 3 | 3 | 4 | 5 | 3 | 11 | 20 | |
EPS in Rs | 0.61 | 0.28 | 0.61 | 1.39 | 1.37 | 2.12 | 2.05 | 3.02 | 3.73 | 2.18 | 7.50 | 13.23 |
Dividend Payout % | 20% | 44% | 0% | 0% | 0% | 59% | 0% | 0% | 0% | 0% | 0% | 6% |
Compounded Sales Growth | |
---|---|
10 Years: | 47% |
5 Years: | 43% |
3 Years: | 42% |
TTM: | 85% |
Compounded Profit Growth | |
---|---|
10 Years: | 82% |
5 Years: | 46% |
3 Years: | 54% |
TTM: | 83% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 117% |
3 Years: | 61% |
1 Year: | -37% |
Return on Equity | |
---|---|
10 Years: | 20% |
5 Years: | 21% |
3 Years: | 23% |
Last Year: | 28% |
Balance Sheet
Figures in Rs. Crores
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 | 0.88 | 0.88 | 0.88 | 0.88 | 7 | 7 | 7 | 15 | 15 | 15 | 15 | 15 |
Reserves | 0 | 0 | 0 | 1 | 10 | 13 | 16 | 13 | 18 | 21 | 33 | 81 |
3 | 3 | 3 | 4 | 1 | 4 | 6 | 13 | 18 | 46 | 41 | 175 | |
3 | 2 | 1 | 3 | 3 | 4 | 14 | 16 | 28 | 13 | 28 | 31 | |
Total Liabilities | 7 | 7 | 6 | 8 | 21 | 28 | 43 | 56 | 79 | 95 | 116 | 302 |
1 | 1 | 1 | 0 | 1 | 0 | 1 | 2 | 3 | 3 | 4 | 92 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
7 | 6 | 5 | 7 | 20 | 28 | 43 | 53 | 76 | 92 | 111 | 203 | |
Total Assets | 7 | 7 | 6 | 8 | 21 | 28 | 43 | 56 | 79 | 95 | 116 | 302 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0 | -8 | -6 | -0 | -4 | 2 | -23 | 16 | -49 | ||||
0 | -1 | 1 | -1 | -2 | -4 | -3 | -5 | -105 | ||||
0 | 11 | 3 | 1 | 6 | 3 | 25 | -10 | 153 | ||||
Net Cash Flow | 0 | 2 | -2 | 0 | 0 | 1 | -1 | 1 | 0 |
Ratios
Figures in Rs. Crores
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 | 195 | 206 | 133 | 108 | 100 | 102 | 136 | 83 | 78 | 110 | 120 | 51 |
Inventory Days | 59 | 49 | 69 | 41 | 54 | 44 | 77 | 82 | 88 | 52 | 28 | 56 |
Days Payable | 148 | 96 | 49 | 35 | 10 | 12 | 30 | 45 | 59 | 14 | 29 | 11 |
Cash Conversion Cycle | 106 | 159 | 153 | 113 | 144 | 134 | 183 | 120 | 106 | 148 | 119 | 96 |
Working Capital Days | 122 | 159 | 137 | 87 | 135 | 133 | 144 | 130 | 104 | 162 | 105 | 121 |
ROCE % | 9% | 6% | 12% | 16% | 26% | 23% | 19% | 20% | 20% | 11% | 22% | 20% |
Documents
Announcements
-
Disclosure Under Regulation 30 Of SEBI(LODR) Regulations, 2015.
43m - Commissioned 1.601 MWp solar power plant in Gujarat on June 30, 2025.
-
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
27 Jun - Allotment of 27,550 Equity Shares under "Zodiac Energy Limited Employee Stock Option Plan - 2023"
-
Board Meeting Outcome for Allotment Of Equity Shares Pursuant To Exercise Of Stock Options Under 'Zodiac Energy Limited Employee Stock Option Plan - 2023'
27 Jun - Allotment of 27,550 shares under ESOP plan, increasing capital to Rs.15.12 crore.
-
Announcement Under Regulation 30 Of SEBI (LODR) Regulation, 2015.
27 Jun - Commissioned 4.282 MWp solar power plant in Gujarat on June 27, 2025.
- Closure of Trading Window 24 Jun
Annual reports
Concalls
-
May 2025TranscriptNotesPPT
-
Aug 2024TranscriptPPT
Business Overview:[1][2]
ZEL is an Energy Solution Provider based in Ahmedabad. Company uses solar energy to provide turnkey solutions from concept to commissioning power companies. It does Design, supply, installation, Testing and Commissioning (EPC) and Operation and Maintenance (O&M) in:
a) Residential rooftop
b) Commercial & Industrial rooftop
c) Ground Mounted Captive Projects
Company has served 10,000+ customers and installed more than 100,000 KW Rooftop solar power plants up to FY22