Zuari Industries Limited (IN:ZUARIIND)
:ZUARIIND
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Zuari Industries Limited
(ZUARIIND)
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Select Model
Rating:44Neutral
Price Target:
₹227.00
▼(-30.12% Downside)
Action:ReiteratedDate:03/17/26
The score is primarily held back by weak financial performance (net loss, deteriorating profitability, and liquidity concerns) and a bearish technical trend (trading below key moving averages with negative MACD). Valuation offers limited support because negative earnings make P/E less meaningful and the dividend yield is modest.
Positive Factors
Holding/diversified business model
As a holding company focused on agribusiness, Zuari benefits from diversified cash flows across subsidiaries and investments. This structure can smooth earnings volatility over months, letting management allocate capital across businesses and realize gains from portfolio actions, supporting durability.
Negative Factors
Net loss and margin deterioration
A recent net loss and deteriorating EBIT/EBITDA margins reflect structural profitability challenges. Persistent losses erode retained earnings and limit reinvestment capacity, reducing operational flexibility and making multi-quarter turnaround harder without clear margin-restoring actions.
Read all positive and negative factors
Positive Factors
Negative Factors
Holding/diversified business model
As a holding company focused on agribusiness, Zuari benefits from diversified cash flows across subsidiaries and investments. This structure can smooth earnings volatility over months, letting management allocate capital across businesses and realize gains from portfolio actions, supporting durability.
Read all positive factors
Zuari Industries Limited (ZUARIIND) vs. iShares MSCI India ETF (INDA)
Market Cap
₹6.44B
Dividend Yield0.32%
Average Volume (3M)93.77K
Price to Earnings (P/E)―
Beta (1Y)1.30
Revenue Growth19.59%
EPS Growth-83.95%
CountryIN
Employees329
SectorBasic Materials
Sector Strength58
IndustryConglomerates
Share Statistics
EPS (TTM)-8.69
Shares Outstanding29,781,183
10 Day Avg. Volume30,762
30 Day Avg. Volume93,767
Financial Highlights & Ratios
PEG Ratio0.07
Price to Book (P/B)0.14
Price to Sales (P/S)0.73
P/FCF Ratio-3.93
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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, E...
How the Company Makes Money
Zuari Industries Limited makes money primarily through income generated from its investments and interests in operating businesses. Key revenue and earnings sources typically include: (1) dividends and profit distributions received from subsidiari...
Zuari Industries Limited Financial Statement Overview
Summary
Income Statement
32
Negative
Balance Sheet
58
Neutral
Cash Flow
40
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 10.06B | 9.70B | 8.37B | 9.55B | 7.21B | 8.04B |
| Gross Profit | 3.07B | 1.37B | 2.97B | 3.11B | 2.59B | 2.70B |
| EBITDA | 3.97B | 1.42B | 10.66B | 5.90B | 2.24B | 1.71B |
| Net Income | 1.19B | -932.19M | 7.14B | 3.11B | -358.26M | -858.56M |
Balance Sheet | ||||||
| Total Assets | 81.04B | 89.27B | 74.94B | 58.09B | 62.44B | 49.94B |
| Cash, Cash Equivalents and Short-Term Investments | 6.38B | 6.94B | 775.19M | 7.36B | 3.39B | 777.59M |
| Total Debt | 23.47B | 25.09B | 23.77B | 26.32B | 24.53B | 22.30B |
| Total Liabilities | 34.46B | 38.95B | 35.90B | 34.27B | 32.82B | 29.88B |
| Stockholders Equity | 46.74B | 50.48B | 39.19B | 23.95B | 29.74B | 19.37B |
Cash Flow | ||||||
| Free Cash Flow | 2.72B | -1.81B | 578.95M | -15.26M | 407.23M | 938.40M |
| Operating Cash Flow | 2.84B | -1.66B | 714.80M | 159.69M | 615.25M | 1.09B |
| Investing Cash Flow | -166.52M | 895.32M | 4.75B | 945.60M | 693.34M | -2.04B |
| Financing Cash Flow | -3.03B | 946.77M | -5.83B | -886.48M | -869.04M | 901.05M |
Zuari Industries Limited Technical Analysis
Negative
324.85
Price Trends
260.12
Negative
290.46
Negative
298.40
Negative
Market Momentum
-11.45
Positive
31.64
Neutral
8.25
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 241.86, above the 50-day MA of 260.12, and above the 200-day MA of 298.40, indicating a bearish trend. The MACD of -11.45 indicates Positive momentum. The RSI at 31.64 is Neutral, neither overbought nor oversold. The STOCH value of 8.25 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | ₹4.64B | 9.32 | ― | ― | 67.43% | ― | |
62 Neutral | ₹9.34B | 17.66 | ― | 0.52% | 28.67% | 50.12% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
57 Neutral | ₹8.12B | 8.74 | ― | ― | 23.32% | 447.31% | |
48 Neutral | ₹9.60B | 127.23 | ― | ― | 3.38% | 0.68% | |
46 Neutral | ₹6.75B | -247.22 | ― | 0.34% | ― | ― | |
44 Neutral | ₹6.44B | -9.38 | ― | 0.32% | 19.59% | -83.95% |
* Basic Materials Sector Average
IN:ZUARIIND
Zuari Industries Limited
218.75
-25.83
-10.56%
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Khaitan Chemicals & Fertilizers Ltd.
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Shree Pushkar Chemicals & Fertilisers Ltd.
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1.89%
IN:UNIENTER
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-37.40%
IN:ZUARI
Zuari Agro Chemicals Ltd.
192.95
6.40
3.43%
Zuari Industries Limited Corporate Events
Zuari Industries Schedules Analyst Meet, Reaffirms Compliance on Disclosures
Mar 5, 2026
Zuari Industries Limited has announced that its officials will participate in a virtual group meeting with investors and analysts at the Arihant Capital – Bharat Connect Conference on Wednesday, 11 March 2026 at 1:00 p.m. The company emphasi...
Zuari Industries Opens Special Window for Legacy Physical Share Transfers
Feb 20, 2026
Zuari Industries Limited has notified shareholders via newspaper advertisements about a special window to transfer and dematerialize physical shares that were sold or purchased before 1 April 2019, aligning its practices with evolving securities m...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.