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Zodiac Energy Overview

Zodiac Energy Ltd engages in the set up of power generation plants and objects in India. It offers solar photovoltaic (PV) structures; solar water heaters for residential, business, and industrial uses; grid linked solar PV systems, rooftop sun PV systems, off grid solar PV systems, solar pumping solutions, building integrated PV systems, and so on.; and focused solar thermal structures for diverse applications, consisting of system steam, water desalination, waste-water evaporation, incinerator, solar air-conditioning, etc. The organisation al...Read More

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Zodiac Energy Key Financials

Market Cap ₹491 Cr.

Stock P/E

P/B 4.6

Current Price ₹324.7

Book Value ₹ 70.2

Face Value 10

52W High ₹563.5

Dividend Yield 0%

52W Low ₹ 204

Zodiac Energy Share Price

₹ | |

Volume
Price

Zodiac Energy Quarterly Price

Show Value Show %

Zodiac Energy Quarterly Results

#(Fig in Cr.) Dec 2021 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Mar 2025
Net Sales 20 24 26 25 62 32 34 47 107 171
Other Income 0 0 0 0 0 0 0 0 0 1
Total Income 20 25 27 25 62 33 34 47 107 172
Total Expenditure 18 25 24 23 58 30 31 42 98 154
Operating Profit 2 -1 3 2 4 3 3 5 9 19
Interest 0 1 1 1 1 1 1 1 1 4
Depreciation 0 0 0 0 0 0 0 0 0 2
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 1 -1 2 1 2 1 2 4 8 13
Provision for Tax 0 -0 0 0 1 0 0 1 2 4
Profit After Tax 1 -1 2 1 2 1 1 3 6 9
Adjustments 0 0 0 0 0 0 -0 0 0 -0
Profit After Adjustments 1 -1 2 1 2 1 1 3 6 9
Adjusted Earnings Per Share 0.8 -0.8 1.1 0.8 1.1 0.6 1 2 3.9 6.3

Zodiac Energy Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 9 9 17 38 63 68 100 143 138 220 408 359
Other Income 0 0 0 0 0 0 0 1 1 1 2 1
Total Income 9 9 17 38 63 68 101 144 138 221 410 360
Total Expenditure 8 9 16 35 59 63 93 134 130 201 371 325
Operating Profit 0 1 1 3 5 5 7 10 8 20 39 36
Interest 0 0 0 0 0 1 1 2 3 4 9 7
Depreciation 0 0 0 0 0 0 0 1 1 1 3 2
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 3 5 4 6 8 4 15 28 27
Provision for Tax 0 0 0 1 1 1 2 2 1 4 8 7
Profit After Tax 0 0 0 2 3 3 4 5 3 11 20 19
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 0 2 3 3 4 5 3 11 20 19
Adjusted Earnings Per Share 0 0 0 0 0 0 3 3.7 2.2 7.5 13.2 13.2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 85% 42% 43% 46%
Operating Profit CAGR 95% 57% 51% 0%
PAT CAGR 82% 59% 46% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -12% 42% 77% NA%
ROE Average 28% 21% 20% 16%
ROCE Average 21% 19% 19% 18%

Zodiac Energy Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 1 1 2 17 20 23 27 33 36 48 97
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 1 2 0 0 0 0 1 8 9 10 93
Other Non-Current Liabilities 0 0 0 0 0 0 1 1 1 3 18
Total Current Liabilities 5 3 6 3 8 19 26 37 48 55 95
Total Liabilities 7 6 8 21 28 43 56 79 94 115 302
Fixed Assets 1 1 0 1 0 1 2 3 3 4 92
Other Non-Current Assets 0 0 0 1 1 2 0 3 13 3 25
Total Current Assets 6 5 7 19 27 41 53 72 79 109 185
Total Assets 7 6 8 21 28 43 56 79 94 115 302

Zodiac Energy Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 2 0 0 0 2 0 2
Cash Flow from Operating Activities -0 1 -0 -8 -6 -0 -4 2 -23 16 -49
Cash Flow from Investing Activities -0 -0 0 -1 1 -1 -2 -4 -3 -5 -105
Cash Flow from Financing Activities 0 -1 0 11 3 1 6 3 25 -10 153
Net Cash Inflow / Outflow 0 0 0 2 -2 0 0 1 -1 1 0
Closing Cash & Cash Equivalent 0 0 0 2 0 0 0 2 0 2 2

Zodiac Energy Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0 0 0 1.36 0 0 3.02 3.73 2.18 7.5 13.23
CEPS(Rs) 0.41 0.57 0.95 1.45 2.2 2.12 3.33 4.15 2.71 8.03 15.01
DPS(Rs) 0.25 0 0 0 2.5 0 0 0 0 0 0.75
Book NAV/Share(Rs) 0 0 0 11.88 0 0 18.73 22.49 24.64 32.17 63.28
Core EBITDA Margin(%) 3.59 6.26 4.8 8.01 7.54 7.05 7.1 6.21 5.45 8.62 9.08
EBIT Margin(%) 2.75 5.48 4.52 7.86 7.59 7.35 6.93 6.46 5.49 8.7 8.89
Pre Tax Margin(%) 0.64 1.73 2.1 7.16 7.15 6.27 5.92 5.34 3.18 6.7 6.75
PAT Margin (%) 0.52 1.19 1.47 5.2 4.9 4.4 4.4 3.82 2.32 4.99 4.9
Cash Profit Margin (%) 1.67 2.17 2.02 5.54 5.08 4.56 4.86 4.25 2.88 5.34 5.56
ROA(%) 0.66 1.76 3.61 13.94 12.62 8.39 8.95 8.13 3.68 10.47 9.56
ROE(%) 3.89 8.89 17.15 21.06 16.38 13.65 17.36 18.1 9.25 26.4 28.01
ROCE(%) 5.65 11.46 16.04 25.9 22.47 18.61 20.11 20.55 11.54 22.95 21.33
Receivable days 207.47 162.72 90.28 73.44 81.21 115.01 87.47 67.85 95.15 99.36 60.64
Inventory Days 43.52 43.57 32.26 30.47 32.91 47.75 54.08 61.07 61.09 25.62 29.35
Payable days 132.52 69.97 29.57 13.1 9.08 21.22 31.78 44.86 37.41 18.82 13.28
PER(x) 0 0 0 9.9 0 0 4.67 23.48 40.8 51.85 29.85
Price/Book(x) 0 0 0 1.14 0.59 0.36 0.75 3.89 3.61 12.09 6.24
Dividend Yield(%) 0 0 0 0 15.15 0 0 0 0 0 0.19
EV/Net Sales(x) 0.48 0.39 0.25 0.47 0.25 0.21 0.3 0.99 1.23 2.71 1.8
EV/Core EBITDA(x) 12.13 6.07 4.86 5.72 3.19 2.75 4.13 14.4 20.35 29.95 18.9
Net Sales Growth(%) -8.84 5.9 81.79 129.9 64.84 7.75 47.2 42.45 -3.72 59.86 85.3
EBIT Growth(%) -23.17 109.62 49.35 299.74 59.12 4.37 38.89 32.72 -18.12 153.16 89.27
PAT Growth(%) -58.66 139.08 124.01 713.73 55.37 -3.23 47.15 23.65 -41.59 244.01 82.01
EPS Growth(%) 0 0 0 96.49 0 0 47.15 23.64 -41.59 244.02 76.43
Debt/Equity(x) 2.87 2.32 2.27 0.04 0.2 0.25 0.46 0.52 1.25 0.81 1.65
Current Ratio(x) 1.25 1.95 1.2 6.66 3.53 2.09 2.03 1.97 1.64 1.98 1.96
Quick Ratio(x) 1.07 1.45 0.92 5 2.67 1.52 1.32 1.17 1.29 1.72 1.41
Interest Cover(x) 1.31 1.46 1.87 11.26 17.23 6.79 6.87 5.77 2.38 4.34 4.16
Total Debt/Mcap(x) 0 0 0 0.04 0.34 0.69 0.61 0.13 0.35 0.07 0.26

Zodiac Energy Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 72.86 72.87 72.73 70.01 70.01 70.01 69.89 69.89 69.91 69.97
FII 0 0 0 1.46 1.32 0.91 0.54 0.54 0.34 0.15
DII 0 0 0 0.59 0.56 0.56 0.34 0.34 0.34 0.2
Public 27.14 27.13 27.27 27.94 28.11 28.52 29.22 29.22 29.42 29.68
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Zodiac Energy News

Zodiac Energy Pros & Cons

Pros

  • Company has delivered good profit growth of 46% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 21%
  • Debtor days have improved from 18.82 to 13.28days.

Cons

  • Stock is trading at 4.6 times its book value.
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