Zuari Key Ratios
NSE: ZUARIIND | BSE: 500780
₹271.70
As on 31-Aug-2026IST
Market cap
₹802 Cr
Revenue (TTM)
₹1,099 Cr
P/E Ratio
7.4
P/B Ratio
0.2
Div. Yield
0.4 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 10.01 | 21.16 | 9.70 | 6.42 | 5.85 |
| EBIT | -82.11 | -65.15 | 43.74 | 38.33 | 21.79 |
| Net Profit | 101.45 | 1,204.29 | 170.83 | 77.73 | 17.25 |
| EPS | 101.93 | 1,045.71 | 281.39 | 150.74 | 32.11 |
| Book Value | -- | -- | -28.26 | 14.68 | 13.07 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 3.55 | 2.37 | 2.63 | 4.27 | 3.14 |
| Net Margin
| 22.41 | 18.15 | -9.61 | 9.16 | -8.72 |
| Return on equity
| 7.63 | 6.60 | 0.93 | 2.44 | -2.11 |
| Return on Capital
| 8.98 | 8.56 | -- | 5.37 | 2.67 |
| Return on Assets
| 3.63 | 3.08 | -1.45 | 1.32 | -1.15 |
| Debt to Equity (x)
| -- | -- | 0.33 | 0.71 | 0.50 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
--
|
5.37
|
2.67
|
18.90
|
11.25
|
|
Peer Median
|
--
|
8.15
|
12.18
|
--
|
--
|
ROE
0.93
Lower than Peers by 7.19
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
0.93
|
2.44
|
-2.11
|
22.56
|
11.52
|
|
Peer Median
|
8.12
|
7.30
|
10.18
|
--
|
--
|
ROA
-1.45
Lower than Peers by 4.64
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
-1.45
|
1.32
|
-1.15
|
10.72
|
5.14
|
|
Peer Median
|
3.19
|
2.41
|
5.28
|
--
|
--
|
EBIT Margin
2.63
Lower than Peers by 2.24
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
2.63
|
4.27
|
3.14
|
3.25
|
2.63
|
|
Peer Median
|
4.88
|
4.88
|
4.27
|
--
|
--
|
Net Margin
-9.61
Lower than Peers by 12.85
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
-9.61
|
9.16
|
-8.72
|
66.79
|
27.21
|
|
Peer Median
|
3.23
|
3.57
|
5.49
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
--
|
13.01
|
-6.75
|
88.34
|
35.27
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
9.70
Higher than Peers by 11.21
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
9.70
|
7.68
|
15.82
|
-12.28
|
32.32
|
|
Peer Median
|
-1.50
|
1.37
|
-0.69
|
--
|
--
|
EBIT Growth
43.74
Higher than Peers by 52.83
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
43.74
|
46.45
|
11.82
|
8.40
|
338.49
|
|
Peer Median
|
-9.09
|
0.81
|
-16.20
|
--
|
--
|
Net Profit Growth
170.83
Higher than Peers by 182.15
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
170.83
|
212.09
|
-113.24
|
130.31
|
989.93
|
|
Peer Median
|
-11.32
|
7.28
|
-37.51
|
--
|
--
|
EPS Growth
281.39
Higher than Peers by 286.52
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
281.39
|
215.82
|
-113.06
|
129.83
|
957.14
|
|
Peer Median
|
-5.13
|
15.48
|
-14.31
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
--
|
-28.26
|
28.80
|
63.21
|
-19.23
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.33
Higher than Peers by 0.22
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
0.33
|
0.71
|
0.50
|
0.60
|
1.09
|
|
Peer Median
|
0.10
|
0.73
|
0.80
|
--
|
--
|
Short term debt to equity ratio
0.39
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
0.39
|
0.21
|
0.16
|
0.16
|
0.21
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.66
Lower than Peers by 0.55
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
0.66
|
0.66
|
0.87
|
0.75
|
1.52
|
|
Peer Median
|
1.21
|
1.19
|
1.18
|
--
|
--
|
Quick Ratio
0.29
Lower than Peers by 0.08
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
0.29
|
0.29
|
0.47
|
0.41
|
0.82
|
|
Peer Median
|
0.38
|
0.29
|
0.46
|
--
|
--
|
Interest Coverage
0.58
Lower than Peers by 2.35
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
0.58
|
1.50
|
0.68
|
3.75
|
2.15
|
|
Peer Median
|
2.93
|
3.11
|
3.47
|
--
|
--
|
Operating Efficiency
Debtors to sales
6.03
Higher than Peers by 2.03
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
6.03
|
6.35
|
7.34
|
6.55
|
8.38
|
|
Peer Median
|
4.01
|
4.18
|
4.42
|
--
|
--
|
Asset Turnover
0.14
Lower than Peers by 0.83
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
0.14
|
0.13
|
0.12
|
0.13
|
0.16
|
|
Peer Median
|
0.97
|
0.76
|
0.97
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
--
|
24.03
|
23.72
|
29.39
|
29.16
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
--
|
262.60
|
272.89
|
398.63
|
452.85
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
--
|
100.43
|
113.44
|
168.54
|
168.69
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
--
|
186.20
|
183.17
|
259.49
|
313.32
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
7.39
Lower than Peers by 12.98
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
7.39
|
5.85
|
--
|
1.37
|
1.04
|
|
Peer Median
|
20.37
|
20.37
|
23.68
|
--
|
--
|
Price / Book Value
0.22
Lower than Peers by 0.86
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
0.22
|
0.17
|
0.14
|
0.25
|
0.13
|
|
Peer Median
|
1.09
|
1.09
|
1.05
|
--
|
--
|
Dividend Yield
0.37
Higher than Peers by 0.19
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
0.37
|
0.47
|
0.43
|
0.30
|
0.92
|
|
Peer Median
|
0.18
|
--
|
--
|
--
|
--
|
EV/EBITDA
16.97
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
16.97
|
15.16
|
14.70
|
9.36
|
9.86
|
|
Peer Median
|
--
|
19.21
|
16.90
|
--
|
--
|
Market Cap
802
Higher than Peers by 185
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari
|
802
|
631
|
696
|
977
|
323
|
|
Peer Median
|
617
|
612
|
470
|
--
|
--
|