Zuari Industries Limited (ZUARIIND) AI Stock Analysis

• Market Cap: ₹8.55B
• Dividend Yield: 0.32%
• Average Volume (3M): 93.77K
• Price to Earnings (P/E): 7.2
• Beta (1Y): 1.24
• Revenue Growth: 19.59%
• EPS Growth: -83.95%
• Country: IN
• Employees: 329
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Conglomerates
• EPS (TTM): 55.34
• Shares Outstanding: 29,781,183
• 10 Day Avg. Volume: 30,762
• 30 Day Avg. Volume: 93,767
• PEG Ratio: 0.07
• Price to Book (P/B): 0.14
• Price to Sales (P/S): 0.73
• P/FCF Ratio: -3.93
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: ₹338.00 ▲(4.05% Upside)

Zuari Industries Limited's overall stock score reflects significant financial challenges, including declining revenue and net losses. Technical analysis shows mixed signals, with some positive price momentum but bearish indicators. Valuation concerns arise from a negative P/E ratio and low dividend yield.

Positive Factors

Diversified Revenue Streams

Zuari Industries' diversified operations across fertilizers, seeds, and chemicals provide resilience against market fluctuations, ensuring stable revenue.

Strategic Partnerships

Strategic partnerships enhance market reach and sales, supporting long-term growth and competitive positioning in the agribusiness sector.

Market Position in Agribusiness

As a leading player in agribusiness, Zuari Industries benefits from strong market presence, supporting sustained demand for its products.

Negative Factors

Declining Revenue

Declining revenue trends indicate challenges in maintaining sales momentum, potentially impacting long-term profitability and market share.

Negative Cash Flow

Negative cash flow suggests operational inefficiencies, limiting the company's ability to invest in growth and manage financial obligations.

Profitability Challenges

Ongoing profitability issues, as evidenced by net losses, could undermine financial stability and investor confidence over the medium term.

Zuari Industries Limited Business Overview & Revenue Model

Company Description

Zuari Industries Limited engages in agriculture, heavy engineering, infrastructure, lifestyle, and services businesses in India. It operates through eight segments: Engineering Services, Furniture, Real Estate, Sugar, Power, Investment Services, Ethanol, and Management Services. The Engineering Services segment provides technology, basic engineering, detailed engineering, project management, procurement, and construction services to chemical, fertilizer, oil and gas, petrochemical, power, engineering, contracting, and other infrastructure projects. The Furniture segment manufactures, sells, and trades in furniture products. The Real Estate segment engages in the development of real estate projects. The Sugar segment extracts, manufactures, and sells sugar. The Power segment is involved in the co-generation of power using by-products, such as bagasse. The Investment Services segment provides capital market-related services. The Ethanol Plant segment manufactures ethanol using molasses. The Management Services segment offers management consultancy, manpower outsourcing, and related services. In addition, the company provides insurance solutions to individuals and corporates as insurance brokers; and stock and commodity broking, depository participant, portfolio management, and registrar and share transfer agent services, as well as distributes mutual fund products. The company was formerly known as Zuari Global Limited and changed its name to Zuari Industries Limited in June 2022. Zuari Industries Limited was incorporated in 1967 and is based in Gurugram, India.

How the Company Makes Money

Zuari Industries generates revenue primarily through the sale of fertilizers, including urea and complex fertilizers, which are essential for agricultural productivity. The company also earns income from its seeds and crop protection chemical divisions, where it markets a range of products designed to enhance crop yields and protect against pests. Additionally, Zuari Industries has established partnerships with various agricultural suppliers and distributors, which helps expand its market reach and improve sales. The company’s diverse portfolio and strategic collaborations allow it to leverage different revenue streams, making it resilient in fluctuating market conditions.

Zuari Industries Limited Financial Statement Overview

Summary

Zuari Industries Limited is facing financial pressures with declining revenue and net losses. The balance sheet shows moderate leverage but negative returns on equity. Cash flow issues highlight liquidity concerns, necessitating strategic adjustments.

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	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	10.02B	9.70B	8.37B	9.55B	7.21B	8.04B
Gross Profit	1.91B	1.37B	2.97B	3.11B	2.59B	2.70B
EBITDA	2.24B	1.42B	10.66B	5.90B	2.24B	1.71B
Net Income	-598.21M	-932.19M	7.14B	3.11B	-358.26M	-858.56M
Balance Sheet
Total Assets	0.00	89.27B	74.94B	58.09B	62.44B	49.94B
Cash, Cash Equivalents and Short-Term Investments	6.94B	6.94B	775.19M	7.36B	3.39B	777.59M
Total Debt	0.00	25.09B	23.77B	26.32B	24.53B	22.30B
Total Liabilities	-50.32B	38.95B	35.90B	34.27B	32.82B	29.88B
Stockholders Equity	50.32B	50.48B	39.19B	23.95B	29.74B	19.37B
Cash Flow
Free Cash Flow	0.00	-1.81B	578.95M	-15.26M	407.23M	938.40M
Operating Cash Flow	0.00	-1.66B	714.80M	159.69M	615.25M	1.09B
Investing Cash Flow	0.00	895.32M	4.75B	945.60M	693.34M	-2.04B
Financing Cash Flow	0.00	946.77M	-5.83B	-886.48M	-869.04M	901.05M

Zuari Industries Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 324.85
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ZUARIIND, the sentiment is Negative. The current price of 324.85 is above the 20-day moving average (MA) of 311.35, above the 50-day MA of 317.06, and above the 200-day MA of 302.97, indicating a bearish trend. The MACD of -7.36 indicates Positive momentum. The RSI at 29.90 is Positive, neither overbought nor oversold. The STOCH value of 9.20 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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	74 Outperform	₹12.26B	1.25	―	―	23.32%	447.31%
SHREEPUSHK	68 Neutral	₹10.67B	14.90	―	0.52%	28.67%	50.12%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
KHAICHEM	58 Neutral	₹6.65B	10.38	―	―	67.43%	―
UNIENTER	49 Neutral	₹9.80B	51.58	―	0.34%	―	―
MADRASFERT	48 Neutral	₹12.85B	16.23	―	―	3.38%	0.68%
ZUARIIND	46 Neutral	₹8.55B	7.16	―	0.32%	19.59%	-83.95%

Zuari Industries Limited Corporate Events

Zuari Industries Clarifies Recent Surge in Trading Volume

Zuari Industries Limited has experienced a significant increase in trading volume, prompting the National Stock Exchange of India to seek clarification from the company. In response, Zuari Industries stated that they have no information or announcements that might explain the recent surge in trading activity and are unaware of any specific reasons for the increase. The company assured that it regularly discloses all material events and information to the stock exchanges in compliance with regulatory requirements.

Zuari Industries Clarifies Recent Trading Volume Surge

Zuari Industries Limited addressed a query from the National Stock Exchange regarding the recent increase in trading volume of its securities. The company clarified that there are no undisclosed events or information that could have influenced the price or volume of its securities. Zuari Industries emphasized its adherence to regulatory requirements by regularly updating the stock exchanges with all relevant information.