Zuari Agro Chemicals Ltd
Incorporated in 1967, Zuari Agro Chemicals Ltd manufactures, trades and markets chemical fertilizers and fertilizer
products[1]
- Market Cap ₹ 870 Cr.
- Current Price ₹ 207
- High / Low ₹ 346 / 175
- Stock P/E
- Book Value ₹ 150
- Dividend Yield 0.00 %
- ROCE 0.57 %
- ROE -97.2 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -75.1% over last 3 years.
- Contingent liabilities of Rs.373 Cr.
- Promoters have pledged 27.6% of their holding.
- Earnings include an other income of Rs.1,186 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 Commodities
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5,504 | 5,264 | 4,077 | 4,648 | 4,731 | 50 | 0 | 83 | 165 | 83 | 0 | 0 | 0 | |
| 5,281 | 5,071 | 3,780 | 4,303 | 4,639 | 634 | 165 | 91 | 189 | 107 | 11 | 12 | 13 | |
| Operating Profit | 223 | 193 | 296 | 344 | 92 | -584 | -165 | -8 | -24 | -24 | -11 | -12 | -13 |
| OPM % | 4.0% | 3.7% | 7% | 7% | 1.9% | -1,162% | -149,673% | -9% | -15% | -28% | |||
| 49 | 103 | -7 | 53 | -23 | 758 | 50 | 45 | 501 | 150 | 25 | 1,184 | 1,186 | |
| Interest | 233 | 301 | 330 | 316 | 377 | 157 | 118 | 116 | 101 | 101 | 86 | 58 | 57 |
| Depreciation | 18 | 32 | 39 | 43 | 43 | 8 | 4 | 4 | 4 | 3 | 0 | 0 | 0 |
| Profit before tax | 21 | -37 | -80 | 39 | -351 | 10 | -237 | -82 | 371 | 21 | -72 | 1,114 | 1,116 |
| Tax % | 40% | -75% | -24% | 22% | -6% | 2,090% | 0% | 1% | 21% | 0% | 2% | 14% | |
| 12 | -9 | -60 | 30 | -329 | -189 | -237 | -83 | 294 | 21 | -73 | 955 | 957 | |
| EPS in Rs | 2.94 | -2.15 | -14.35 | 7.21 | -78.21 | -45.00 | -56.38 | -19.84 | 69.87 | 5.09 | -17.38 | 227.02 | 227.52 |
| Dividend Payout % | 68% | -93% | -7% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -14% |
| 3 Years: | % |
| TTM: | 35% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 11% |
| 3 Years: | 10% |
| 1 Year: | -19% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -75% |
| Last Year: | -97% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 |
| Reserves | 761 | 747 | 620 | 632 | 274 | 75 | -151 | -193 | 128 | 161 | 94 | 591 |
| 2,382 | 3,353 | 3,096 | 3,140 | 3,521 | 1,804 | 909 | 1,229 | 656 | 632 | 567 | 523 | |
| 1,244 | 764 | 949 | 1,246 | 1,869 | 1,735 | 2,428 | 2,103 | 260 | 240 | 431 | 177 | |
| Total Liabilities | 4,430 | 4,906 | 4,707 | 5,060 | 5,706 | 3,656 | 3,229 | 3,180 | 1,087 | 1,075 | 1,133 | 1,332 |
| 266 | 369 | 487 | 506 | 545 | 493 | 80 | 75 | 65 | 62 | 58 | 13 | |
| CWIP | 98 | 89 | 129 | 114 | 119 | 121 | 0 | 0 | 1 | 2 | 4 | 0 |
| Investments | 329 | 371 | 911 | 886 | 751 | 1,175 | 1,184 | 1,549 | 867 | 872 | 633 | 1,274 |
| 3,737 | 4,078 | 3,180 | 3,554 | 4,291 | 1,868 | 1,965 | 1,557 | 154 | 137 | 438 | 46 | |
| Total Assets | 4,430 | 4,906 | 4,707 | 5,060 | 5,706 | 3,656 | 3,229 | 3,180 | 1,087 | 1,075 | 1,133 | 1,332 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 639 | -397 | 786 | 279 | -76 | 2,065 | 525 | 539 | 9 | 3 | 242 | -368 | |
| -237 | -374 | -2 | -17 | -39 | 56 | -83 | 95 | 683 | 129 | 35 | 321 | |
| -403 | 773 | -785 | -235 | 89 | -2,076 | -437 | -685 | -689 | -116 | -148 | -100 | |
| Net Cash Flow | -1 | 2 | -1 | 27 | -26 | 45 | 4 | -51 | 4 | 16 | 129 | -147 |
| Free Cash Flow | 570 | -501 | 661 | 247 | -161 | 2,051 | 515 | 522 | 75 | 115 | 262 | -369 |
| CFO/OP | 291% | -199% | 276% | 82% | -97% | -353% | -297% | -7,050% | -68% | -23% | -2,175% | 2,924% |
Ratios
Standalone / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 176 | 188 | 198 | 173 | 186 | 5,964 | 33 | 47 | 95 | 113 | ||
| Inventory Days | 48 | 37 | 55 | 71 | 124 | 2,396 | 9,380 | 118 | 105 | 164 | ||
| Days Payable | 80 | 45 | 74 | 99 | 151 | 13,217 | 131,144 | 797 | 523 | 781 | ||
| Cash Conversion Cycle | 143 | 180 | 179 | 145 | 159 | -4,857 | -121,731 | -631 | -323 | -504 | ||
| Working Capital Days | -11 | -26 | -65 | -64 | -59 | -11,615 | -4,160,336 | -4,956 | -1,337 | -2,944 | ||
| ROCE % | 8% | 8% | 8% | 10% | 4% | -19% | -9% | 4% | -1% | 1% | -0% | 1% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Permanent Employees count |
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| Agricultural Development Labs (ADLs) count |
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Extracted by Screener AI
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Please find attached compliance certificate issued by Registrar and Share Transfer Agent for the quarter ended 30th September,2026
-
Disclosure Under Reg 30(LODR) W.R.T. Repayment Of Inter Corporate Deposits (Icds)-Rs. 44 Crore
- Repaid remaining Rs. 44 crore ICDs to Zuari Industries Limited on 30 September 2026; outstanding now nil.
- Closure of Trading Window
-
Disclosure Under Reg 30(LODR) W.R.T. Repayment Of Inter Corporate Deposits (Icds) - Rs. 214.50 Crore
- Repaid Rs 214.50 crore ICDs out of Rs 258.50 crore total from Zuari Industries on 18 Sept 2026.
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- AGM held 16 Sep 2026 approved five resolutions, including Saroj Kumar Poddar’s continuation as Chairman.
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2020
from bse
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Annual Report 2019
from bse
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Annual Report 2018
from bse
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Annual Report 2017
from bse
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Annual Report 2016
from bse
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Annual Report 2015
from bse
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Annual Report 2014
from bse
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Annual Report 2013
from nse
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Annual Report 2013
from bse
Concalls
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Feb 2019Transcript
Business Overview:[1][2]
ZACL is the erstwhile flagship company of Adventz Group. It was manufacturing and marketing Single Super Phosphate (SSP)
and other fertiliser products through its
brand Jai Kisaan, which it divested to group company Paradeep Phosphates
through a slump sale.
Currently, the company is primarily
a holding company, with its main
economic interest through its share
in a JV Zuari Maroc Phosphates Private
Limited (ZMPPL), through which it owns
~56% stake in the Paradeep Phosphates.
Some continuing operations in fertiliser retail
are still under continuation.
The company also holds large land banks in Goa but hasn't been able to monetise land bank due to changes in land policies in Goa.