Zuari Industries Limited (ZUARIIND) AI Stock Analysis

• Market Cap: ₹9.35B
• Dividend Yield: 0.32%
• Average Volume (3M): 22.31K
• Price to Earnings (P/E): 1.1
• Beta (1Y): 1.62
• Revenue Growth: 14.85%
• EPS Growth: -108.25%
• Country: IN
• Employees: 329
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Conglomerates
• EPS (TTM): 0.02
• Shares Outstanding: 29,781,183
• 10 Day Avg. Volume: 54,223
• 30 Day Avg. Volume: 22,311
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹327.00
• Price Target Upside: 5.18% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 54 Neutral
• Price Target: ₹327.00 ▲(5.18% Upside)

The overall stock score of 54 reflects significant financial challenges faced by Zuari Industries Limited, with declining revenue and net losses. Despite technical analysis showing bullish momentum, the negative P/E ratio and low dividend yield impact the valuation negatively.

Zuari Industries Limited Business Overview & Revenue Model

Company Description

Zuari Industries Limited (ZUARIIND) is an Indian conglomerate with diverse business interests primarily in the sectors of fertilizers, agrochemicals, and engineering services. It is part of the Adventz Group, which operates across agriculture, engineering, and infrastructure. The company is known for its production and distribution of fertilizers and other agricultural inputs, aiming to support the agricultural sector with innovative and sustainable solutions.

How the Company Makes Money

Zuari Industries Limited makes money through the manufacturing and sale of fertilizers and agrochemicals, which are the company's primary revenue streams. It operates several production facilities that produce urea, DAP (diammonium phosphate), and other complex fertilizers, which are distributed to farmers across India. The company also engages in trading activities, importing raw materials and finished products to complement its manufacturing operations. Additionally, engineering services and projects add to its revenue, providing specialized services in the areas of design, engineering, and project management. Strategic partnerships and joint ventures, particularly in the manufacturing and distribution sectors, further enhance its revenue base by expanding its market reach and operational capabilities.

Zuari Industries Limited Financial Statement Overview

Summary

Zuari Industries Limited demonstrates financial pressures with inconsistent revenue growth and recent net losses. The balance sheet is moderately leveraged, but with negative return on equity, and cash flow issues indicating liquidity concerns. Overall, the financial health requires strategic improvement.

Income Statement

Zuari Industries Limited has shown inconsistent revenue growth with a decline in the recent year. The latest period reports a net loss, significantly affecting the net profit margin. Although there is a positive gross profit margin, the deterioration in EBIT and EBITDA margins highlights profitability challenges.

Balance Sheet

The company's balance sheet reveals a moderate debt-to-equity ratio, which indicates a reasonable level of financial leverage. However, the return on equity is negative due to the net losses, impacting shareholder value. The equity ratio is relatively stable, suggesting a solid base of stockholder equity compared to total assets.

Cash Flow

Zuari Industries Limited is experiencing negative free cash flow growth, reflecting operational challenges. The operating cash flow to net income ratio is unfavorable, indicating inefficiencies in converting income to cash. Despite some positive financing activities, the cash flow metrics portray liquidity concerns.

Breakdown	Mar 2025	Mar 2023	Mar 2024	Mar 2022	Mar 2021
Income Statement
Total Revenue	9.70B	9.55B	8.37B	7.21B	8.33B
Gross Profit	1.37B	3.11B	2.97B	2.59B	2.99B
EBITDA	1.42B	5.90B	10.66B	2.24B	1.71B
Net Income	-932.19M	3.11B	7.14B	-358.26M	-929.88M
Balance Sheet
Total Assets	89.27B	58.09B	74.94B	62.44B	49.94B
Cash, Cash Equivalents and Short-Term Investments	6.94B	7.36B	6.85B	923.96M	777.59M
Total Debt	25.09B	26.32B	23.77B	24.53B	21.31B
Total Liabilities	38.95B	34.27B	35.90B	32.82B	29.88B
Stockholders Equity	50.48B	23.95B	39.19B	29.74B	20.45B
Cash Flow
Free Cash Flow	-1.81B	-15.26M	578.95M	407.23M	938.40M
Operating Cash Flow	-1.66B	159.69M	714.80M	615.25M	1.09B
Investing Cash Flow	895.32M	945.60M	4.75B	693.34M	-2.04B
Financing Cash Flow	946.77M	-886.48M	-5.83B	-869.04M	901.05M

Zuari Industries Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 310.90
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ZUARIIND, the sentiment is Positive. The current price of 310.9 is above the 20-day moving average (MA) of 287.15, above the 50-day MA of 283.11, and above the 200-day MA of 292.67, indicating a bullish trend. The MACD of 10.23 indicates Negative momentum. The RSI at 57.66 is Neutral, neither overbought nor oversold. The STOCH value of 67.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:ZUARIIND.

Zuari Industries Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ZUARI	73 Outperform	₹15.74B	6.15		―	―	―
SHREEPUSHK	67 Neutral	₹12.99B	22.02		0.38%	16.35%	55.54%
KHAICHEM	60 Neutral	₹10.45B	26.43		0.41%	64.35%	―
ZUARIIND	54 Neutral	₹9.35B	1.08		0.32%	14.85%	-108.25%
MADRASFERT	52 Neutral	₹14.36B	21.20		―	13.28%	-15.77%
Sector *	44 Neutral	C$923.76M	-8.68	-0.23%	2.69%	24.53%	-41.45%

Zuari Industries Limited Corporate Events

Zuari Industries Secures Interim Relief on Export Fees for Industrial Alcohol

Zuari Industries Limited has received interim relief from the Allahabad High Court regarding the reinstatement of export fees on denatured alcohol by the Uttar Pradesh government. The court’s decision allows the movement of trucks carrying industrial alcohol, provided proper records are maintained and indemnity bonds are submitted, pending final adjudication. This development is significant for the company as it temporarily alleviates the financial burden of retrospective and prospective export fees, impacting its operations and financial obligations.

Zuari Industries Opens Special Window for Share Transfer Requests

Zuari Industries Limited has announced a special window for the re-lodgement of transfer requests for physical shares. This initiative is aimed at assisting shareholders whose previous transfer requests were rejected or returned due to document deficiencies and missed deadlines. The announcement, published in major newspapers, highlights the company’s efforts to address shareholder concerns and streamline the transfer process.