ZUARIINDFast Moving Consumer Goods

ZUARI INDUSTRIES LIMITED

Sugar · ISIN INE217A01012 · BSE 500780 · NSE EQ · FV ₹10
Last price
₹259
+1.75%today
What this company does

ZUARI INDUSTRIES LIMITED operates in Sugar, part of the Fast Moving Consumer Goods sector. It booked ₹312 cr of revenue in its latest quarter (Q1 FY27) and kept 0.2% of sales as profit.

SPE Our SPE division features an Our capacities advanced sugar, power and ethanol manufacturing facility. This 10,000 TCD 22 MW infrastructure comprises a modern crushing facility and one of the most Sugarcane Crushing Cogen Capacity with LT PPA efficient distilleries in the industry, enabling the production of high- 5,000 QPD 125 KLPD quality sugar and ethanol.
In the report:
30out of 100
Equitytale Health Score
Strained

Healthier than 30% of companies in Fast Moving Consumer Goods, on all six measures of filed financials. Each measure is ranked against the 89–149 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
42

At close. Not part of the score.

Profitability & returns12

How much profit it earns on the money it employs

Balance sheet18

How much it owes, and whether earnings cover the interest

Cash quality58

Whether reported profit actually arrives as cash

Growth & consistency28

Whether sales and profit have grown, and how steadily

Valuation2

What today's price implies, against our models or its peers · lowest in its sector on what we could measure

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 21% vs last year
Profit up 1,048% vs last year
Promoters hold 57%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 0.2% net margin
! Low 0.1% return on equity

What if I invest in ZUARIIND?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹259 +1.75%
latest close · 2026-09-17
1-year return
+100.8%
52-wk low ₹12352-wk high ₹297
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio324.1High
LowAverageHigh
P/B ratio0.02Below book
Below bookModerateHigh
EV / EBITDA18.8High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity0.1%Weak
WeakFairStrong ▸15%
Return on capital2.1%Weak
WeakFairStrong
Net margin0.2%Thin
ThinDecentStrong
EBITDA margin11.1%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.72Moderate
LowModerateHigh ▸1
Interest cover0.4×Risky
RiskyOkayStrong ▸5×
Current ratio0.66Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹66 cr
Book value
₹14,145
EPS
₹0.20
latest quarter
Net debt
₹2,536 cr
owes more than its cash
Enterprise value
₹2,603 cr
EBITDA
₹138 cr
annualised
EBIT
₹106 cr
annualised
Operating margin
8.5%
Return on assets
0.0%
Earnings yield
0.31%
P/S
0.05
Sales / share
₹4,873.9
Tax rate
Face value
₹10
Shares
0.3 cr
Working capital
₹-715 cr
Current assets
₹1,387 cr
Current liabilities
₹2,103 cr
Delivery %
52.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2024 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹3,466₹3,466, midpoint ₹3,466

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹312 cr
Other Income₹16 cr
Total Income₹328 cr
Cost of Materials₹17 cr
Purchases of Stock-in-Trade₹2 cr
Inventory Change (±)₹210 cr
Employee Benefit Expense₹34 cr
Finance Costs₹62 cr
Depreciation & Amortisation₹8 cr
Other Expenses₹35 cr
Total Expenses₹367 cr
Exceptional Items₹5 cr
Profit before Tax₹-35 cr
Tax Expense₹-61.9 L
Share of JV / Associates₹34 cr
Net Profit₹5.1 L
Net margin on total income0.0%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹229 cr62.3%
Employee benefit expense₹34 cr9.2%
Finance costs₹62 cr16.8%
Depreciation & amortisation₹8 cr2.2%
Other expenses₹35 cr9.6%
Profit for the period₹5.1 L0.0%
Total income ₹328 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue263 cr284 cr312 cr
Total income301 cr300 cr328 cr
Expenses334 cr311 cr367 cr
Profit before tax-39 cr-8 cr-35 cr
Tax2 cr12 cr-61.9 L
Net profit (owners' share)-26 cr-31 cr59.7 L
Net margin (owners' share, on revenue)-9.9%-10.9%0.2%
EPS (₹)-8.69-10.410.20
YoY (latest quarter): total income +22.4% · net profit +1,047.6%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹7,164 cr
Shareholder equity
₹3,621 cr
parent shareholders
Total debt
₹2,598 cr
Cash
₹62 cr
Cash flow · H1 FY26
Operating
₹284 cr
Investing
₹-17 cr
Financing
₹-303 cr
Peer comparison
Sugar · by market value
CompanyPriceMarket capP/E
Bajaj Hindusthan Sugar Limited₹19₹15,563 cr
Balrampur Chini Mills Limited₹676₹14,275 cr78.2
Triveni Engineering & Industries Limited₹232₹5,123 cr341.8
Shree Renuka Sugars Limited₹23₹4,854 cr
Bannari Amman Sugars Limited₹3,303₹4,142 cr
Dalmia Bharat Sugar and Industries Limited₹391₹3,161 cr114.9
Dhampur Bio Organics Limited₹116₹2,039 cr
Avadh Sugar & Energy Limited₹721₹1,443 cr1,502.1
Dhampur Sugar Mills Limited₹152₹976 cr40.4
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.39%
trailing 12 months
Dividend / share (TTM)
₹1
Last dividend
₹1
ex 11 Sep 2026
ActionDetailEx-date
Dividend₹1 / share11 Sep 2026
Dividend₹1 / share17 Sep 2025
Dividend₹1 / share20 Sep 2024
Dividend₹1 / share21 Sep 2023
Dividend₹1 / share20 Sep 2022
Dividend₹2 / share24 Nov 2021
Who owns it · 2026-06-30
No pledge
Promoter
56.7%
FII / Foreign
1.1%
DII / Domestic
1.2%
Retail / others
41.0%
Promoter stake down 0.1% over the last 12 quarters.
Smart-money activity
Insider trades
SoldAkshay Poddar · Promoters3.00 L · ₹9.5 cr19 Dec 25
BoughtJyotsna Poddar · Promoters3.00 L · ₹9.5 cr19 Dec 25
SoldMr. Kumar Mangalam Birla (Executor to Estate of Basant Kumar Birla) · Promoter Group30,00027 Sep 24
Bulk / block deals
SoldJUNOMONETA FINSOL PRIVATE LIMITED · NSE1.58 L @ ₹344.6411 Nov 25
BoughtJUNOMONETA FINSOL PRIVATE LIMITED · NSE1.58 L @ ₹344.3711 Nov 25
SoldHRTI PRIVATE LIMITED · NSE2.06 L @ ₹341.0811 Nov 25
Stake changes
BoughtJyotsna Poddar · promoter→ 1.25% · 3.00 L19 Dec 25
SoldAkshay Poddar · promoter→ 0.07% · 3.00 L19 Dec 25
SoldAkshay Poddar · promoter→ 0.07% · 3.00 L19 Dec 25
Promoter pledges
PledgedCatalyst Trusteeship Limited23.21 L · 14.31% held1 Nov 22
PledgedLender: Yes bank Ltd, trustee: Vistra ITCL ( India)Limited11.97 L · 0.00% held21 Dec 18
PledgedM/s Aditya Birla Finance Ltd5.00 L · 3.83% held11 Nov 16
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 22 Jan 2026
See the official result
1
To appoint Mr. Akshay Poddar (DIN: 00008686) as a Non-executive Director of the Company
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
8.07 L votes for, 1,974 against · 0% of mutual funds and other big investors said no
2
To appoint Mr. Sanjeev Lall (DIN: 08740906) as an Independent Director of the Company
Backed by 100% of shareholders other than promotersneeded 75%
8.07 L votes for, 1,828 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 18 named members
owning 56.7% between them · as of 2026-06-30
Globalware Trading And Holdings Limited25.16%
Adventz Finance Private Limited9.86%
Texmaco Infrastructure & Holdings Limited9.26%
Saroj Kumar Poddar (as a Trustee of Saroj & Jyoti Poddar Holdings Private Trust)4.03%
New Eros Tradecom Limited4.02%
Jyotsna Poddar1.25%
Saroj Kumar Poddar ( in individual capacity)1.08%
Duke Commerce Limited1.01%
Business done with them
FY2025 · 7 of the group
The company paid ₹208 cr to companies in the promoter group last year — about 21.4% of its ₹970 cr revenue and received ₹197 cr back from them.
ADVENTZ FINANCE PRIVATE LIMITED
Contribution made to them · Description is mentioned along with relevant line item.
also owns 9.86% of the company
₹180 cr
company paid
ADVENTZ FINANCE PRIVATE LIMITED
Contribution received from them · Description is mentioned along with relevant line item.
also owns 9.86% of the company
₹162 cr
company received
Akshay Poddar
Contribution received from them · Description is mentioned along with relevant line item.
also owns 0.07% of the company
₹35 cr
company received
ADVENTZ FINANCE PRIVATE LIMITED
Other payments to them · Description is mentioned along with relevant line item.
also owns 9.86% of the company
₹22 cr
company paid
Globalware Trading and Holdings Limited
Contribution made to them · Description is mentioned along with relevant line item.
also owns 25.16% of the company
₹5 cr
company paid
TEXMACO INFRASTRUCTURE & HOLDINGS LIMITED
Other payments to them · Description is mentioned along with relevant line item.
also owns 9.26% of the company
₹1 cr
company paid
TEXMACO INFRASTRUCTURE & HOLDINGS LIMITED
Other income from them · Description is mentioned along with relevant line item.
also owns 9.26% of the company
₹61.1 L
company received
SAROJ KUMAR PODDAR
Other payments to them · Description is mentioned along with relevant line item.
₹5.3 L
company paid
Jyotsna Poddar
Other payments to them · Description is mentioned along with relevant line item.
also owns 1.25% of the company
₹3.8 L
company paid
TEXMACO INFRASTRUCTURE & HOLDINGS LIMITED
Sold goods to them · Description is mentioned along with relevant line item.
also owns 9.26% of the company
₹0.78 L
company received
NEW EROS TRADECOM LIMITED
Other income from them · Description is mentioned along with relevant line item.
also owns 4.02% of the company
₹0.11 L
company received

The company also transacted with 19 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.