Zodiac Energy Ltd
Incorporated in 1992, Zodiac Energy Ltd is in the business of installing Solar Power Generation Plant[1]
- Market Cap ₹ 825 Cr.
- Current Price ₹ 561
- High / Low ₹ 575 / 98.4
- Stock P/E 120
- Book Value ₹ 26.2
- Dividend Yield 0.00 %
- ROCE 11.2 %
- ROE 8.90 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 21.4 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 90.0 to 110 days.
* 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: Infrastructure Developers & Operators Industry: Engineering - Turnkey Services
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
6 | 9 | 10 | 9 | 9 | 17 | 38 | 63 | 68 | 100 | 143 | 138 | 176 | |
6 | 9 | 9 | 8 | 9 | 16 | 35 | 58 | 63 | 93 | 134 | 130 | 162 | |
Operating Profit | 0 | 0 | 0 | 0 | 1 | 1 | 3 | 5 | 5 | 7 | 9 | 8 | 14 |
OPM % | 3% | 4% | 4% | 4% | 6% | 5% | 8% | 8% | 7% | 7% | 6% | 5% | 8% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 3 | 4 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
Profit before tax | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 5 | 4 | 6 | 8 | 4 | 9 |
Tax % | 28% | 55% | 31% | 17% | 31% | 31% | 27% | 31% | 30% | 26% | 28% | 27% | |
0 | 0 | 0 | 0 | 0 | 0 | 2 | 3 | 3 | 4 | 5 | 3 | 7 | |
EPS in Rs | 0.72 | 0.50 | 0.61 | 0.28 | 0.61 | 1.39 | 1.37 | 2.12 | 2.05 | 3.02 | 3.73 | 2.18 | 4.69 |
Dividend Payout % | 34% | 24% | 20% | 44% | 0% | 0% | 0% | 59% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 32% |
5 Years: | 29% |
3 Years: | 26% |
TTM: | 33% |
Compounded Profit Growth | |
---|---|
10 Years: | 42% |
5 Years: | 9% |
3 Years: | 1% |
TTM: | 98% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 124% |
3 Years: | 212% |
1 Year: | 397% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 15% |
3 Years: | 14% |
Last Year: | 9% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 7 | 7 | 15 | 15 | 15 | 15 |
Reserves | 0 | 0 | 0 | 0 | 0 | 1 | 10 | 13 | 16 | 13 | 18 | 21 | 24 |
2 | 2 | 3 | 3 | 3 | 4 | 1 | 4 | 6 | 13 | 18 | 46 | 39 | |
1 | 0 | 3 | 2 | 1 | 3 | 3 | 4 | 14 | 16 | 28 | 13 | 15 | |
Total Liabilities | 4 | 3 | 7 | 7 | 6 | 8 | 21 | 28 | 43 | 56 | 79 | 95 | 92 |
0 | 0 | 1 | 1 | 1 | 0 | 1 | 0 | 1 | 2 | 3 | 3 | 3 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
4 | 3 | 7 | 6 | 5 | 7 | 20 | 28 | 43 | 53 | 76 | 92 | 89 | |
Total Assets | 4 | 3 | 7 | 7 | 6 | 8 | 21 | 28 | 43 | 56 | 79 | 95 | 92 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | -0 | -8 | -6 | -0 | -4 | 2 | -23 | |||||
0 | 0 | -1 | 1 | -1 | -2 | -4 | -3 | |||||
0 | 0 | 11 | 3 | 1 | 6 | 3 | 25 | |||||
Net Cash Flow | 0 | 0 | 2 | -2 | 0 | 0 | 1 | -1 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 159 | 51 | 195 | 206 | 133 | 108 | 100 | 102 | 136 | 83 | 78 | 110 |
Inventory Days | 64 | 59 | 49 | 69 | 41 | 54 | 44 | 77 | 82 | 88 | 52 | |
Days Payable | 1 | 148 | 96 | 49 | 35 | 10 | 12 | 30 | 45 | 59 | 14 | |
Cash Conversion Cycle | 159 | 114 | 106 | 159 | 153 | 113 | 144 | 134 | 183 | 120 | 106 | 148 |
Working Capital Days | 163 | 108 | 122 | 159 | 137 | 87 | 135 | 133 | 144 | 130 | 104 | 162 |
ROCE % | 6% | 10% | 9% | 6% | 12% | 16% | 26% | 23% | 19% | 20% | 20% | 11% |
Documents
Announcements
- Submission Of Certificate Of Practicing Company Secretary Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015. 1d
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 22 Apr
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Apr - Copy of Newspaper published in Free Pass Gujarat-(In English) and Lokmitra- (In Gujarati) on April 13, 2024 with respect to dispatch of Notice sent through …
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 12 Apr
- Board Meeting Outcome for Outcome Of Board Meeting Held On Today I.E. On April 11, 2024. 11 Apr
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