Zuari Agro Chemicals Ltd
Incorporated in 1967, Zuari Agro Chemicals Ltd manufactures, trades and markets chemical fertilizers and fertilizer
products[1]
- Market Cap ₹ 1,035 Cr.
- Current Price ₹ 246
- High / Low ₹ 395 / 155
- Stock P/E
- Book Value ₹ 32.2
- Dividend Yield 0.00 %
- ROCE -0.17 %
- ROE -52.3 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 87.0 to 53.1 days.
Cons
- Stock is trading at 7.63 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 -84.8% over last 3 years.
- Earnings include an other income of Rs.27.4 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
Commodities Chemicals Fertilizers & Agrochemicals Fertilizers
Part of BSE SmallCap BSE Allcap BSE Commodities
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5,173 | 5,504 | 5,264 | 4,077 | 4,648 | 4,731 | 50 | 0 | 83 | 165 | 83 | 48 | 22 | |
| 4,996 | 5,281 | 5,071 | 3,780 | 4,303 | 4,639 | 634 | 165 | 91 | 189 | 107 | 61 | 39 | |
| Operating Profit | 177 | 223 | 193 | 296 | 344 | 92 | -584 | -165 | -8 | -24 | -24 | -14 | -17 |
| OPM % | 3% | 4% | 4% | 7% | 7% | 2% | -1,162% | -149,673% | -9% | -15% | -28% | -28% | -75% |
| 125 | 49 | 103 | -7 | 53 | -23 | 758 | 50 | 45 | 501 | 150 | 31 | 27 | |
| Interest | 260 | 233 | 301 | 330 | 316 | 377 | 157 | 118 | 116 | 101 | 101 | 86 | 79 |
| Depreciation | 21 | 18 | 32 | 39 | 43 | 43 | 8 | 4 | 4 | 4 | 3 | 3 | 3 |
| Profit before tax | 21 | 21 | -37 | -80 | 39 | -351 | 10 | -237 | -82 | 371 | 21 | -72 | -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 | -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 | -17.31 |
| 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: | -68% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | -4% |
| TTM: | -442% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 25% |
| 3 Years: | 13% |
| 1 Year: | 24% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -85% |
| Last Year: | -52% |
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 | 11 | -11 | -26 | -65 | -64 | -59 | -11,615 | -4,160,336 | -4,956 | -1,337 | -2,944 | -6,464 |
| ROCE % | 6% | 8% | 8% | 8% | 10% | 4% | -19% | -9% | 4% | -1% | 1% | -0% |
Documents
Announcements
- Closure of Trading Window 30 Oct
-
Board Meeting Intimation for Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Half Year Ended 30Th September, 2025.
30 Oct - Board meeting on 7 Nov 2025 to consider unaudited Q2/H1 results (30 Sep 2025); trading window closed until 9 Nov.
-
Completion Of Transfer Of 2,90,37,000 Equity Shares Of MCFL By The Company To Zuari Maroc Phosphates Private Limited Today I.E. 13Th Oct, 2025 Pursuant To Composite Scheme Of Arrangement Amongst MCFL, PPL & Their Respective Shareholders & Creditors
13 Oct - Transferred 2,90,37,000 MCFL shares to ZMPPL at INR144; proceeds INR418.13 crore on Oct 13, 2025.
-
Allotment Of CCPS By ZMPPL
10 Oct - Subscribed 6,916,173 CCPS in ZMPPL for Rs177.4 crore on October 10, 2025.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Oct
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from nse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
Concalls
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Feb 2019TranscriptPPT
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