Zuari Agro Chemicals Ltd
Incorporated in 1967, Zuari Agro Chemicals Ltd manufactures, trades and markets chemical fertilizers and fertilizer
products[1]
- Market Cap ₹ 1,209 Cr.
- Current Price ₹ 288
- High / Low ₹ 395 / 155
- Stock P/E
- Book Value ₹ 265
- Dividend Yield 0.00 %
- ROCE -0.17 %
- ROE -52.3 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 1.09 times its book value
- Debtor days have improved from 87.0 to 53.1 days.
Cons
- 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.1,182 Cr.
- Company's cost of borrowing seems high
* 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 | 7 | |
| 4,996 | 5,281 | 5,071 | 3,780 | 4,303 | 4,639 | 634 | 165 | 91 | 189 | 107 | 61 | 21 | |
| Operating Profit | 177 | 223 | 193 | 296 | 344 | 92 | -584 | -165 | -8 | -24 | -24 | -14 | -14 |
| OPM % | 3% | 4% | 4% | 7% | 7% | 2% | -1,162% | -149,673% | -9% | -15% | -28% | -28% | -202% |
| 125 | 49 | 103 | -7 | 53 | -23 | 758 | 50 | 45 | 501 | 150 | 31 | 1,182 | |
| Interest | 260 | 233 | 301 | 330 | 316 | 377 | 157 | 118 | 116 | 101 | 101 | 86 | 71 |
| Depreciation | 21 | 18 | 32 | 39 | 43 | 43 | 8 | 4 | 4 | 4 | 3 | 3 | 2 |
| Profit before tax | 21 | 21 | -37 | -80 | 39 | -351 | 10 | -237 | -82 | 371 | 21 | -72 | 1,095 |
| 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 | 928 | |
| 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 | 220.56 |
| 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: | -87% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | -4% |
| TTM: | -303% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 28% |
| 3 Years: | 23% |
| 1 Year: | 36% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 42 | 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 | 1,071 |
| 2,614 | 2,382 | 3,353 | 3,096 | 3,140 | 3,521 | 1,804 | 909 | 1,229 | 656 | 632 | 567 | 465 | |
| 956 | 1,244 | 764 | 949 | 1,246 | 1,869 | 1,735 | 2,428 | 2,103 | 260 | 240 | 431 | 505 | |
| 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 | 2,083 |
| 236 | 266 | 369 | 487 | 506 | 545 | 493 | 80 | 75 | 65 | 62 | 58 | 13 | |
| CWIP | 78 | 98 | 89 | 129 | 114 | 119 | 121 | 0 | 0 | 1 | 2 | 4 | 0 |
| Investments | 329 | 329 | 371 | 911 | 886 | 751 | 1,175 | 1,184 | 1,549 | 867 | 872 | 633 | 1,624 |
| 3,733 | 3,737 | 4,078 | 3,180 | 3,554 | 4,291 | 1,868 | 1,965 | 1,557 | 154 | 137 | 438 | 446 | |
| 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 | 2,083 |
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
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
8 Nov - PFA newspaper advertisement for publication of UFR for quarter and half year ended 30th September, 2025
-
Board Meeting Outcome for Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Half Year Ended 30Th September, 2025
7 Nov - Q2/H1 results; exceptional gains Rs1,168.96 Cr; MCFL derecognised; slump sale Rs72.75 Cr; ICDs Rs110 Cr and Rs85 Cr.
- Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Half Year Ended 30Th September, 2025 7 Nov
- 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.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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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