Zuari Agro Chemicals Ltd
NSE: ZUARI BSE: 534742Chemicals
Incorporated in 1967, Zuari Agro Chemicals Ltd manufactures, trades and markets chemical fertilizers and fertilizer products[1]
₹215
52W: ₹175 — ₹395
PE 0 · Book ₹150 · +43% vs bookMarket Cap₹900 Cr
Stock P/E—Price to Earnings
ROCE0.58%Return on Capital
ROE13.6%Return on Equity
Div. Yield0%Face Value ₹10
Weaknesses
- −Company has low interest coverage ratio.
- −Company has a low return on equity of -31.6% over last 3 years.
- −Promoters have pledged 26.5% of their holding.
- −Earnings include an other income of Rs.1,184 Cr.
Shareholding Pattern
Promoters65.2%
FIIs2.84%
DIIs0.09%
Public31.88%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 65.28% | 65.21%▼0.1 | 65.21% | 65.21% | 65.21% | 65.21% | 65.2%▼0.0 | 65.2% |
| FIIs | 1.08% | 1.18%▲0.1 | 2.52%▲1.3 | 1.33%▼1.2 | 2.67%▲1.3 | 2.85%▲0.2 | 2.71%▼0.1 | 2.84%▲0.1 |
| DIIs | 0.09% | 0.09% | 0.09% | 0.09% | 0.09% | 0.09% | 0.09% | 0.09% |
| Public | 33.55% | 33.51%▼0.0 | 32.18%▼1.3 | 33.37%▲1.2 | 32.03%▼1.3 | 31.85%▼0.2 | 32%▲0.1 | 31.88%▼0.1 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 10 | 17 | 26 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 16 | 21 | 27 | 2 | 3 | 5 | 2 | 2 | 2 | 6 |
| Operating Profit | -6 | -3 | -1 | -2 | -3 | -5 | -2 | -2 | -2 | -6 |
| OPM % | -55% | -18% | -3% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | -27 | 84 | -19 | -5 | -27 | -23 | -19 | 996 | -8 | -15 |
| EPS ₹ | -6.45 | 19.9 | -4.47 | -1.13 | -6.34 | -5.43 | -4.41 | 236.74 | -1.84 | -3.47 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹0Cr, down 100% YoY. OPM at 0%.
Debt Position
Borrowings at ₹523Cr. Debt-to-equity ratio: 0.88x. Moderate leverage.
Institutional Flow
DIIs: 0.09% (-0.91pp change). FIIs: 2.84% (+1.75pp change). Promoters hold 65.2%.
Margin & Efficiency
ROCE declining from 8% (Mar 2015) to 1% (Mar 2026). Working capital days: 0.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2d - Please find the attached Newspaper Advertisement for publication of Audited Financial Results for the quarter and year ended 31st March 2026
- Announcement under Regulation 30 (LODR)-Change in Management 2d - FY26 audited results approved; Nitin M. Kantak appointed MD for 1 year; company disputes ₹296.46 crore demand.
- Board Meeting Outcome for PFA OUTCOME OF BOARD MEETING 2d - Board approved FY26 audited results, reappointed K.P. Rao & Co., appointed Nitin M. Kantak Managing Director from 3 Sept 2026.
- Board Meeting Outcome 2d - FY26 audited results approved; Nitin M. Kantak appointed MD; Goa water/sewerage demand of Rs 296.46 crore disputed.
- Intimation Of Interim Order Received From Regional Director, Western Region, Ministry Of Corporate Affairs, Mumbai 15 May - MCA Regional Director issued interim compounding order for IND AS-36 non-compliance; Rs. 22.25 lakh levied on directors/KMPs.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse