Zodiac Energy Ltd
Incorporated in 1992, Zodiac Energy Ltd is in the business of installing Solar Power Generation Plant[1]
- Market Cap ₹ 447 Cr.
- Current Price ₹ 296
- High / Low ₹ 530 / 204
- Stock P/E 21.2
- Book Value ₹ 77.3
- Dividend Yield 0.25 %
- ROCE 15.3 %
- ROE 19.8 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| 408 | 544 | |
| 371 | 488 | |
| Operating Profit | 37 | 56 |
| OPM % | 9% | 10% |
| 2 | 2 | |
| Interest | 9 | 19 |
| Depreciation | 3 | 10 |
| Profit before tax | 28 | 29 |
| Tax % | 27% | 28% |
| 20 | 21 | |
| EPS in Rs | 13.23 | 13.93 |
| Dividend Payout % | 6% | 5% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 33% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 6% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 76% |
| 3 Years: | 43% |
| 1 Year: | -44% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 20% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 15 | 15 |
| Reserves | 81 | 102 |
| 175 | 243 | |
| 67 | 123 | |
| Total Liabilities | 339 | 482 |
| 92 | 131 | |
| CWIP | 7 | 2 |
| Investments | 0 | 8 |
| 239 | 341 | |
| Total Assets | 339 | 482 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| -49 | 16 | |
| -105 | -54 | |
| 153 | 50 | |
| Net Cash Flow | 0 | 12 |
| Free Cash Flow | -147 | -27 |
| CFO/OP | -120% | 32% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Debtor Days | 51 | 76 |
| Inventory Days | 56 | 110 |
| Days Payable | 50 | 41 |
| Cash Conversion Cycle | 57 | 145 |
| Working Capital Days | 33 | 43 |
| ROCE % | 15% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Cumulative Solar Installation Track Record MW |
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| Number of Clients Numbers |
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| Total Workforce Numbers |
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| Number of C&I Projects Executed Numbers |
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| Overall Orderbook INR Crores |
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| IPP Installed Capacity MW |
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Extracted by Screener AI
Documents
Announcements
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Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2025.
2h - On May 30, 2026, commissioned 10.8 MWp solar plant for Amanta Healthcare in Kheda.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
2h - Annual secretarial compliance report for FY2026 notes delayed disclosures, UPSI entries, contra trades, and tax litigations.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
26 May - Newspaper Publication for Audited Standalone and Consolidated Financial Result for the quarter and year ended on March 31, 2026
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Appointment Of Internal Auditor
25 May - Board appoints M/s. Manubhai & Shah LLP as internal auditor for FY 2026-27 on May 25, 2026.
- Corporate Action-Board approves Dividend 25 May
Annual reports
Concalls
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May 2025TranscriptAI SummaryPPT
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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