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Z

Zodiac Energy ZODIAC.NS · INR

Industrials · NSE · 🇮🇳 India

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207.36

+2.64%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹5.44bn

FY2017FY2026

Net income

₹210.8m

FY2017FY2026

Free cash flow

−₹468.9m

FY2017FY2026

Shareholders' equity

₹1.17bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹5.44bn₹4.08bn₹2.20bn₹1.38bn₹1.43bn₹1.00bn₹681.8m₹632.8m₹383.9m₹167.0m
Gross profit₹932.3m₹700.0m₹241.7m₹116.4m₹121.1m₹104.8m₹73.6m₹68.7m₹45.8m₹12.7m
Operating income₹458.3m₹606.6m₹184.0m₹75.9m₹83.8m₹67.8m₹49.2m₹46.9m₹29.6m₹7.2m
Net income₹210.8m₹199.7m₹109.7m₹31.9m₹54.6m₹44.2m₹30.0m₹31.0m₹20.0m₹2.5m
Diluted earnings per share13.6610.517.272.183.733.022.042.131.350.18

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹4.82bn₹3.02bn₹1.16bn₹947.5m₹791.6m₹558.4m₹432.3m₹284.4m₹208.3m₹78.6m
Cash and short-term investments₹339.2m₹180.8m₹15.7m₹55.7m₹34.0m₹25.5m₹9.1m₹4.9m₹25.2m₹3.4m
Total liabilities₹3.64bn₹2.06bn₹681.0m₹587.0m₹462.5m₹284.3m₹197.5m₹79.6m₹34.6m₹62.9m
Debt₹2.43bn₹1.75bn₹408.1m₹561.9m₹318.7m₹506.2m₹787.1m₹49.4m₹74.8m₹121.2m
Shareholders' equity₹1.17bn₹965.6m₹475.7m₹360.5m₹329.1m₹274.1m₹234.8m₹204.8m₹173.8m₹15.7m
Shares outstanding15m19m15m15m15m15m15m15m15m13m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations−₹15.2m−₹565.7m₹120.6m−₹259.9m₹8.4m−₹48.6m−₹5.8m−₹57.2m−₹86.2m−₹4.8m
Capital spending−₹453.7m−₹825.8m−₹22.2m−₹519,000−₹17.4m−₹10.1m−₹2.2m−₹436,000−₹3.3m−₹246,349
Free cash flow−₹468.9m−₹1.39bn₹98.3m−₹260.4m−₹9.0m−₹58.7m−₹8.0m−₹57.6m−₹89.5m−₹5.0m
Dividends paid−₹11.3m—————−₹21.3m−₹19.5m−₹19.5m−₹19.6m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹1.42bn₹2.11bn₹1.38bn₹967.8m₹980.5m₹1.71bn₹1.04bn₹527.7m
Gross profit₹225.0m₹391.4m₹235.2m₹154.3m₹201.0m₹303.6m₹149.7m₹85.9m
Operating income₹135.0m₹194.1m₹109.8m₹76.8m₹171.0m₹278.3m₹97.8m₹47.1m
Net income₹70.2m₹106.3m₹50.7m₹26.8m₹26.9m₹94.4m₹57.1m₹24.9m
Diluted earnings per share4.556.892.671.411.414.973.781.65
Cash from operations———₹76.0m—−₹140.0m—−₹140.0m
Capital spending———−₹34.0m—−₹37.0m—−₹22.0m
Free cash flow———₹42.0m—−₹177.0m—−₹162.0m
Total assets—₹4.82bn—₹3.33bn—₹3.02bn—₹2.27bn
Cash and short-term investments₹339.2m₹339.2m₹199.1m₹199.1m₹180.8m₹180.8m₹142.3m₹142.3m
Debt—₹1.23bn—₹1.25bn—₹1.06bn—₹688.0m
Shareholders' equity₹1.19bn₹1.17bn₹1.01bn₹1.01bn₹965.6m₹965.6m₹811.8m₹811.8m

Financial ratios

Data as of 19 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021
Gross margin17.2%17.2%11.0%8.5%8.5%10.4%
Operating margin8.4%8.4%8.7%5.5%6.5%6.9%
Net margin3.9%4.9%5.0%2.3%3.8%4.4%
Return on equity18.0%20.7%23.1%8.8%16.6%16.1%
Return on assets4.4%6.6%9.5%3.4%6.9%7.9%
Free cash flow yield14.4%6.9%4.8%-9.0%0.9%-1.3%
Revenue growth33.3%85.3%59.9%-3.7%42.4%47.2%
Earnings growth5.6%82.0%244.0%-41.6%23.6%47.1%
Current ratio1.42x1.96x1.71x1.64x1.97x2.03x
Debt to equity1.05x0.70x0.67x1.07x0.43x0.72x
Equity ratio24.2%31.9%41.1%38.0%41.6%49.1%
Interest coverage2.37x3.94x4.34x2.38x5.77x6.87x
Buybacks as a share of market value18.8%-25.9%-3.2%0.0%0.0%0.5%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue58.1%40.2%50.4%
Operating income82.1%46.5%57.3%
Net income87.7%36.7%69.2%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin17.2%15.2%14.3%13.9%
Operating margin11.2%10.1%9.5%9.2%
Net margin4.3%4.2%4.2%4.2%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings15.429.169.591.030.919.96.64.58.5159.4
Price to sales0.61.43.52.11.20.90.30.20.42.3

Dividends and splits

Per share, in the currency the company pays

Paid for 1 years. Last went ex-dividend on 12 Sept 2025.

FY2026FY2020
Paid in the year0.751.25
  • 2-for-1 split · 8 Oct 2020

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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