Zuari Industries Ltd
Incorporated in 1967, Zuari Industries Ltd
is in the business of real estate, investment services, engineering services, management services, manufacturing and trading of furniture, manufacturing and sale of sugar and its by products, ethanol and generation of power.[1]
- Market Cap ₹ 744 Cr.
- Current Price ₹ 251
- High / Low ₹ 416 / 210
- Stock P/E 25.1
- Book Value ₹ 1,042
- Dividend Yield 0.40 %
- ROCE 3.48 %
- ROE 0.82 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.24 times its book value
- Market value of investments Rs.4,014 Cr. is more than the Market Cap Rs.744 Cr.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 2.41% over past five years.
- Company has a low return on equity of 0.72% over last 3 years.
- Contingent liabilities of Rs.475 Cr.
- Earnings include an other income of Rs.90.9 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.
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 39 | 0 | 0 | 17 | 2 | 57 | 776 | 610 | 814 | 715 | 871 | 874 | |
| 35 | 9 | 10 | 20 | 10 | 48 | 684 | 595 | 754 | 665 | 800 | 803 | |
| Operating Profit | 5 | -9 | -10 | -3 | -7 | 9 | 93 | 16 | 60 | 49 | 70 | 71 |
| OPM % | 12% | -21% | -291% | 16% | 12% | 3% | 7% | 7% | 8% | 8% | ||
| 41 | 43 | 34 | 24 | 48 | 52 | 144 | 211 | 129 | 132 | 51 | 91 | |
| Interest | 11 | 0 | 0 | 1 | 8 | 44 | 161 | 196 | 158 | 135 | 123 | 112 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 26 | 24 | 24 | 24 | 24 | 26 |
| Profit before tax | 34 | 34 | 24 | 20 | 33 | 17 | 50 | 7 | 8 | 23 | -26 | 24 |
| Tax % | 21% | 14% | 14% | 11% | -23% | 26% | -38% | -112% | 29% | 0% | 43% | 50% |
| 27 | 29 | 20 | 18 | 40 | 13 | 69 | 15 | 5 | 23 | -37 | 12 | |
| EPS in Rs | 9.11 | 10.00 | 6.97 | 6.11 | 13.70 | 4.39 | 23.62 | 5.20 | 1.81 | 7.61 | -12.55 | 4.08 |
| Dividend Payout % | 11% | 10% | 14% | 16% | 7% | 23% | 8% | 19% | 55% | 13% | -8% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 2% |
| 3 Years: | 2% |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | -18% |
| 3 Years: | 80% |
| TTM: | -8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 23% |
| 3 Years: | 21% |
| 1 Year: | -11% |
| Return on Equity | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 0% |
| 3 Years: | 1% |
| Last Year: | 1% |
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 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 30 | 30 | 30 | 30 |
| Reserves | 614 | 986 | 1,419 | 2,035 | 1,811 | 1,281 | 2,154 | 3,083 | 2,067 | 2,681 | 4,085 | 3,072 |
| 80 | 80 | 0 | 25 | 118 | 456 | 1,391 | 1,293 | 1,225 | 1,061 | 1,154 | 1,160 | |
| 142 | 126 | 53 | 84 | 104 | 98 | 482 | 502 | 349 | 347 | 588 | 440 | |
| Total Liabilities | 866 | 1,221 | 1,502 | 2,173 | 2,062 | 1,865 | 4,056 | 4,908 | 3,670 | 4,118 | 5,857 | 4,702 |
| 14 | 2 | 4 | 4 | 4 | 4 | 519 | 501 | 494 | 473 | 460 | 459 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 7 | 1 | 6 | 7 | 4 |
| Investments | 435 | 819 | 1,165 | 1,779 | 1,562 | 990 | 1,857 | 2,994 | 2,011 | 2,556 | 4,302 | 3,140 |
| 417 | 400 | 333 | 390 | 497 | 872 | 1,678 | 1,405 | 1,164 | 1,084 | 1,088 | 1,099 | |
| Total Assets | 866 | 1,221 | 1,502 | 2,173 | 2,062 | 1,865 | 4,056 | 4,908 | 3,670 | 4,118 | 5,857 | 4,702 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -84 | -13 | 13 | -7 | 27 | 14 | 148 | 42 | 55 | 51 | 6 | 67 | |
| 127 | 23 | 84 | -7 | -116 | -307 | -169 | 270 | 195 | 252 | 20 | 55 | |
| -46 | -12 | -94 | 20 | 82 | 294 | 24 | -305 | -248 | -314 | -32 | -109 | |
| Net Cash Flow | -3 | -3 | 3 | 6 | -8 | 1 | 3 | 7 | 2 | -10 | -6 | 12 |
| Free Cash Flow | -84 | -13 | 13 | -7 | 27 | 15 | 142 | 30 | 68 | 70 | -6 | 46 |
| CFO/OP | -1,542% | 39% | 24% | 188% | -14% | 226% | 153% | 379% | 114% | 91% | -14% | 106% |
Ratios
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 2 | 7 | 7 | 11 | 22 | 13 | 30 | 10 | 20 | 17 | ||
| Inventory Days | 2,842 | 407 | 510 | 290 | 428 | 316 | 343 | |||||
| Days Payable | 13 | 199 | 238 | 120 | 155 | 81 | 84 | |||||
| Cash Conversion Cycle | 2,831 | 7 | 7 | 11 | 229 | 285 | 200 | 284 | 255 | 276 | ||
| Working Capital Days | 2,103 | 5,657 | 40,990 | 1,267 | -5 | -55 | 47 | -18 | 8 | -146 | ||
| ROCE % | 6% | 4% | 2% | 1% | 2% | 5% | 8% | 4% | 4% | 4% | 3% | 3% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sugar Production Lakh Quintals |
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| Sugar Recovery Rate % |
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| Sugarcane Crushed Lakh Quintals |
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| Distillery Operating Days Days |
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| Ethanol Distillery Capacity KLPD |
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| Ethanol Production Lakh Litres |
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| Power Production Lakh Units |
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| Sugarcane Crushing Capacity TCD |
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| Sugar Sales Volume Lakh Quintals |
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Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 2h
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2d
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 29 May
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Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Annual Secretarial Compliance Report for FY2025-26 shows regulatory compliance and no major non-compliances.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
26 May - Audio recording of 26 May 2026 earnings call on audited FY2026 results shared.
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
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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
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 bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Concalls
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Jun 2026Transcript PPT
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May 2026TranscriptAI SummaryPPT
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Feb 2026Transcript PPT
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Nov 2025Transcript PPT
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Aug 2025Transcript PPT
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Jun 2025Transcript PPT
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Feb 2025TranscriptAI SummaryPPT
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Feb 2025TranscriptAI SummaryPPT
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Aug 2024TranscriptAI SummaryPPT
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Jun 2024TranscriptAI SummaryPPT
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May 2024TranscriptAI SummaryPPT
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Mar 2024TranscriptAI SummaryPPT
Business Overview:[1]
ZIL is a part of the Adventz group. It is the holding company of the group and, apart from having financial investments in the group’s operating entities, it also has SPE and real estate segments under it.