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Zuari Industries Limited

Zuari Industries Limited

NSE: ZUARIIND
ConglomeratesIndustrialsSMALL CAPMCap ₹789.1 Cr
₹264.95₹-2.60 (-0.97%)

Market Closed • NSE

Market cap₹789.1 Cr
Enterprise value₹2.92k Cr
P/E TTM7.27
P/B0.22
EPS TTM₹36.44
ROCE5.45%
D/E0.72
Dividend yield0.00%
Face value₹10.00
52W high₹367.15
52W low₹210.00
Price chart(1Y)
1Y Return:+8.34% (+₹20.40)
H: ₹297L: ₹239.95
1W-4.37%
1M+2.18%
3M+2.32%
6M-3.21%
1Y-20.20%
Today at a glance

Day range

₹264.05₹269.35

52 week range

₹210.00₹367.15
Volume20.2K0.27x 20D avg
Free float50.00%-72.50% volume

Zuari Industries Limited closed at INR264.95 (-0.97%) on volume 0.27x its 20-day average, trading 27.84% below its 52-week high.

Technical analysis
RSI (14)42.5Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹10.57High
SMA 20₹276.44BEARISH
SMA 50₹272.25BEARISH
SMA 100₹265.70BEARISH
SMA 200₹263.91BULLISH
CPR bottom₹269.35
Pivot₹268.75
CPR top₹268.15
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved +100.2% QoQ

2026-09-11

DIVIDEND Announced

Dividend - Re 1 Per Share

2025-09-17

DIVIDEND Announced

Dividend - Re 1 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Financial Ratios)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹2.60k Cr₹789.1 Cr329.29%≤ 33%FAIL
Non-halal income ratio–₹1.04k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹7.10k Cr₹7.16k Cr99.14%≥ 20%PASS
Receivables ratio–₹7.16k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E7.2728.10
Forward P/E——
P/B0.223.00
EV/EBITDA—18.00
PEG—1.10
Earnings yield13.803.60
Growth & profitability
RevenuePAT
FY24PAT margin 85.10%
FY25PAT margin -9.60%
FY26PAT margin 10.10%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+2.50%
Revenue CAGR 5Y+4.50%
PAT CAGR 3Y—
PAT CAGR 5Y-31.50%
Operating margin1.99%
Net margin9.87%
Financial health & cash flow
Net debt₹2.54k CrModerate
Interest coverage0.20xEBIT / interest
CFO / PAT1.34x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹143.8 Cr
Capital expenditure–
Free cash flow₹118.0 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall57/100
Valuation75/100
Profitability50/100
Financial health45/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

High Cash Flow Conversion: CFO/PAT averaged 1.34x over last 3 years

Attractive Valuation: P/E of 7.3x trades below sector historical averages

Risks

Tight Debt Servicing: Interest coverage ratio is under 2.0x

Bull case

Market Leadership: Established operational scale in Conglomerates.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
2.38%Institutional holding
40.89%Public holding
5Periods available
0.00%Promoter pledged
30.97KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
14 Sept 2026Dividend₹1.00 / share—11 Sept 2026
17 Sept 2025Dividend₹1.00 / share—17 Sept 2025
—Dividend₹1.00 / share—20 Sept 2024
21 Sept 2023Dividend₹1.00 / share—21 Sept 2023
—Annual General MeetingAnnual General Meeting—21 Sept 2023
21 Sept 2022Dividend₹1.00 / share—20 Sept 2022
—Annual General MeetingAnnual General Meeting—20 Sept 2022
25 Nov 2021Dividend₹2.00 / share—24 Nov 2021
—Annual General MeetingAnnual General Meeting—08 Sept 2021
28 Apr 2021Dividend₹1.00 / share—27 Apr 2021
24 Feb 2021Dividend₹1.00 / share—23 Feb 2021
—DividendAnnual General Meeting/Dividend - Re 1 Per Sh—04 Sept 2020
—Dividend₹1.00 / share—18 Jul 2019
—Dividend₹1.00 / share—19 Jul 2018
—Dividend₹1.00 / share—13 Jul 2017
—Dividend₹1.00 / share—29 Jul 2016
—Dividend₹1.00 / share—30 Jul 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)53.46%-3.43% latest vs average
Highest delivery66.29%on 15 Oct
Average volume (20D)73.5KTrading-session average
Conviction trendWeakening-3.43% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Larsen & Toubro Limited
Larsen & Toubro LimitedLT
Open analysis
₹4.99L30.091.05%₹67,942.00₹4,988.00+6.69%+15.52%
Adani Ports and Special Economic Zone Limited
Adani Ports and Special Economic Zone LimitedADANIPORTS
Open analysis
₹4.03L29.880.43%₹10,821.00₹3,650.00+18.57%+10.24%
Hindustan Aeronautics Limited
Hindustan Aeronautics LimitedHAL
Open analysis
₹3.34L35.790.92%₹5,515.00₹1,590.00+14.44%+14.88%
Bharat Electronics Limited
Bharat Electronics LimitedBEL
Open analysis
₹2.75L44.860.66%₹5,547.00₹1,055.00+24.93%+8.88%
InterGlobe Aviation Limited
InterGlobe Aviation LimitedINDIGO
Open analysis
₹1.81L—0.00%₹24,584.10-₹237.60+19.95%-110.92%
Bharat Heavy Electricals Limited
Bharat Heavy Electricals LimitedBHEL
Open analysis
₹1.51L52.550.32%₹7,697.72₹381.91+40.29%+183.84%
ABB India Limited
ABB India LimitedABB
Open analysis
₹1.44L92.640.43%₹3,559.00₹362.00+21.05%+2.84%
CG Power and Industrial Solutions Limited
CG Power and Industrial Solutions LimitedCGPOWER
Open analysis
₹1.33L106.680.16%₹3,281.00₹308.00+14.00%+15.36%
About Zuari Industries Limited
Zuari Industries Limited

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]

IndiaIndustrials

Questions investors ask
Is Zuari Industries Limited Shariah compliant?

Zuari Industries Limited is currently screened as Non-Compliant (Financial Ratios) under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (329.29%) exceeds AAOIFI threshold (≤ 33%).

What is Zuari Industries Limited's current valuation relative to peers?

Zuari Industries Limited trades at a P/E of 7.3x compared to the sector median of 28.1x, and a Price-to-Book of 0.2x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.72x. Interest coverage is 0.2x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 4.5% while net profit growth averaged -31.5%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.