Zeal Global Peer Comparison

NSE: ZEAL

₹77.60

₹-2.40 (-3.00%)

As on 21-Sep-2026IST

Market cap

₹103 Cr

Revenue (TTM)

₹368 Cr

P/E Ratio

9.3

P/B Ratio

1.1

Div. Yield

1.9 %

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	Zeal Global	Afcom Holdings	Shree Logistics	Delhivery	Horizon Industrial Parks
Market cap (₹ Cr)	103	4,079	938	32,609	15,213
Revenue (₹ Cr)	368	583	239	11,145	691
Net Profit (₹ Cr)	14.36	121.90	7.16	81.65	-203.65
Net Margin (%)	3.86	20.74	2.95	0.71	-26.52
RoE (%)	19.45	38.31	18.64	1.28	-7.19
Price to Earnings	9.26	33.46	131.01	348.63	--
Price-To-Book	1.12	6.34	--	3.53	1.84

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	Zeal Global	Afcom Holdings	Shree Logistics	Delhivery	Horizon Industrial Parks
Operating Revenue	367.81	238.72	146.11	8,931.90	390.29
Total Income	372.23	241.01	147.46	9,386.61	439.35
Total Expenditure	346.42	164.17	108.18	8,570.68	100.23
EBITDA	21.39	74.55	37.93	361.22	290.06
Depreciation	5.24	14.24	24.25	534.91	143.29
EBIT	16.16	60.31	13.68	-173.69	146.77
Interest	1.10	11.06	12.21	125.79	352.89
Other Income	4.42	2.29	1.34	454.71	49.06
Exceptional Items	--	--	--	-5.13	-23.75
Profit before Tax	19.48	51.54	2.81	157.13	-180.81
Provision for Tax	5.12	14.61	0.62	-4.98	-2.03
Profit after Tax	14.36	36.94	2.19	162.11	-178.78

Liabilities (₹ Cr)

	Zeal Global	Afcom Holdings	Shree Logistics	Delhivery	Horizon Industrial Parks
Shareholder's Funds	81.10	204.86	34.30	9,432.15	1,007.75
Minority Interest	--	--	--	--	170.98
Non-Current Liabilities	1.34	218.80	90.67	1,222.93	6,838.75
Current Liabilities	60.12	78.44	54.71	1,408.05	1,817.57
Total Liabilities	142.56	502.09	182.87	12,063.14	9,835.04

Assets (₹ Cr)

	Zeal Global	Afcom Holdings	Shree Logistics	Delhivery	Horizon Industrial Parks
Non-Current Assets	45.81	415.32	126.11	6,111.01	9,236.57
Current Assets	96.74	86.77	53.56	5,952.13	595.63
Total Assets	142.56	502.09	182.87	12,063.14	9,835.04
Total Debt*	14.22	26.50	66.94	39.67	7,009.11
Net Current Assets	36.62	8.33	-1.14	4,544.07	-1,221.94
Contingent Liabilities	1.81	7.30	8.13	38.95	68.89

Cashflow (₹ Cr)

	Zeal Global	Afcom Holdings	Shree Logistics	Delhivery	Horizon Industrial Parks
Cash From Operating Activities	14.47	-45.01	17.50	567.36	235.14
Cash Flow from Investing Activities	-17.22	-257.21	-13.81	-103.61	-1,596.31
Cash from Financing Activities	3.42	299.20	-3.82	-432.27	1,457.86
Net Cash Inflow / Outflow	0.67	-3.01	-0.13	31.49	96.70

Ratios

Profitability Ratios

	Zeal Global	Afcom Holdings	Shree Logistics	Delhivery	Horizon Industrial Parks
ROCE (%)	23.97	37.94	16.66	3.02	2.87
ROE (%)	19.45	25.92	6.67	1.85	-155.96
ROA (%)	11.15	11.55	1.35	1.38	-2.53
EBIT Margin (%)	7.02	32.19	26.88	9.14	86.89
Net Margin (%)	3.86	15.33	1.48	1.73	-40.69
Cash Profit Margin (%)	5.33	21.44	18.10	7.61	-9.09

Growth Ratios

	Zeal Global	Afcom Holdings	Shree Logistics	Delhivery	Horizon Industrial Parks
Revenue Growth (%)	90.49	61.79	18.73	9.71	67.11
EBIT Growth (%)	23.94	111.25	15.36	40.84	114.65
Net Profit Growth (%)	23.11	45.18	-29.90	165.06	-28.65
EPS Growth (%)	21.31	5.25	-30.07	164.29	-22.77
Book Value Growth (%)	21.84	155.69	8.23	4.33	-98.63

Valuation Ratios

	Zeal Global	Afcom Holdings	Shree Logistics	Delhivery	Horizon Industrial Parks
Price / Earnings	10.98	46.75	208.51	117.33	0.00
Price / Book Value	1.98	8.43	13.38	2.13	0.00
Dividend Yield (%)	0.00	0.00	0.00	0.00	--
EV/EBITDA	4.77	22.82	13.00	22.95	21.36
Market Cap (₹ Cr)	160.18	1,726.74	456.12	19,019.59	0.00

Solvency Ratios

	Zeal Global	Afcom Holdings	Shree Logistics	Delhivery	Horizon Industrial Parks
Debt to Equity	0.18	0.13	1.96	0.00	2,255.91
Short term debt to equity ratio	0.17	0.13	0.63	--	0.01
Current Ratio	1.61	1.11	0.98	4.23	0.33
Quick Ratio	1.61	0.90	0.91	4.22	0.31
Interest Coverage	18.76	5.66	1.23	2.25	0.49

Operating Efficiency Ratios

	Zeal Global	Afcom Holdings	Shree Logistics	Delhivery	Horizon Industrial Parks
Debtors to sales (%)	6.85	24.73	16.30	15.81	7.78
Asset Turnover	2.86	0.75	0.90	0.78	0.06
Receivable days	20.68	62.43	52.04	56.59	23.56
Inventory Days	0.00	24.08	10.68	0.66	38.67
Payable days	--	--	93.69	--	0.00
Cash Conversion Cycle	--	--	-30.97	--	62.23