Zuari Agro Key Ratios
NSE: ZUARI | BSE: 534742
₹192.41
As on 08-Nov-2026IST
Market cap
₹810 Cr
Revenue (TTM)
₹1,544 Cr
P/E Ratio
4.8
P/B Ratio
0.3
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -35.35 | -72.04 | -68.39 | -34.95 | -11.14 |
| EBIT | -46.29 | -80.39 | -80.90 | -45.92 | -13.44 |
| Net Profit | -68.54 | -64.21 | -40.60 | -2.36 | 19.18 |
| EPS | -68.54 | -95.38 | -82.60 | 34.83 | 33.66 |
| Book Value | -- | -- | 12.54 | 9.64 | 60.41 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| -32.32 | 5.95 | 4.48 | 7.83 | 6.01 |
| Net Margin
| 9.20 | 11.14 | 0.13 | 30.51 | 5.14 |
| Return on equity
| 72.71 | 37.89 | 7.17 | 49.92 | 13.04 |
| Return on Capital
| 47.71 | 24.48 | -- | 50.40 | 16.04 |
| Return on Assets
| 24.37 | 8.94 | 0.05 | 23.78 | 4.70 |
| Debt to Equity (x)
| -- | -- | 0.16 | 0.27 | 0.35 |
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 Agro
|
--
|
50.40
|
16.04
|
13.24
|
27.22
|
|
Peer Median
|
--
|
18.36
|
13.24
|
16.44
|
--
|
ROE
7.17
Lower than Peers by 3.99
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari Agro
|
7.17
|
49.92
|
13.04
|
10.45
|
56.90
|
|
Peer Median
|
11.16
|
16.08
|
5.89
|
17.13
|
--
|
ROA
0.05
Lower than Peers by 5.05
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari Agro
|
0.05
|
23.78
|
4.70
|
3.47
|
9.86
|
|
Peer Median
|
5.10
|
6.94
|
3.55
|
8.03
|
--
|
EBIT Margin
4.48
Lower than Peers by 2.75
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari Agro
|
4.48
|
7.83
|
6.01
|
5.69
|
5.58
|
|
Peer Median
|
7.23
|
6.98
|
6.01
|
3.78
|
--
|
Net Margin
0.13
Lower than Peers by 5.18
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari Agro
|
0.13
|
30.51
|
5.14
|
3.58
|
11.93
|
|
Peer Median
|
5.32
|
5.96
|
3.58
|
4.20
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari Agro
|
--
|
31.57
|
7.29
|
5.57
|
14.27
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-68.39
Lower than Peers by 69.27
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari Agro
|
-68.39
|
-27.87
|
-3.47
|
0.94
|
26.82
|
|
Peer Median
|
0.88
|
17.52
|
9.19
|
-20.84
|
--
|
EBIT Growth
-80.90
Lower than Peers by 94.38
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari Agro
|
-80.90
|
-6.06
|
2.09
|
2.92
|
53.28
|
|
Peer Median
|
13.48
|
12.72
|
24.43
|
-30.12
|
--
|
Net Profit Growth
-40.60
Lower than Peers by 61.26
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari Agro
|
-40.60
|
325.34
|
35.10
|
-69.16
|
232.73
|
|
Peer Median
|
20.66
|
14.65
|
26.97
|
-56.02
|
--
|
EPS Growth
-82.60
Lower than Peers by 103.32
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari Agro
|
-82.60
|
458.25
|
65.05
|
-79.06
|
265.43
|
|
Peer Median
|
20.72
|
16.06
|
23.79
|
-46.67
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari Agro
|
--
|
12.54
|
9.48
|
6.96
|
330.82
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.16
Higher than Peers by 0.15
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari Agro
|
0.16
|
0.27
|
0.35
|
1.00
|
1.27
|
|
Peer Median
|
0.01
|
0.39
|
0.52
|
0.47
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari Agro
|
--
|
0.21
|
0.23
|
0.70
|
0.65
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.88
Lower than Peers by 0.64
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari Agro
|
0.88
|
0.52
|
0.49
|
0.79
|
0.81
|
|
Peer Median
|
1.51
|
1.51
|
1.33
|
1.17
|
--
|
Quick Ratio
0.51
Lower than Peers by 0.41
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari Agro
|
0.51
|
0.22
|
0.32
|
0.62
|
0.63
|
|
Peer Median
|
0.93
|
0.99
|
0.93
|
0.78
|
--
|
Interest Coverage
1.20
Lower than Peers by 2.99
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari Agro
|
1.20
|
12.82
|
2.80
|
2.19
|
4.31
|
|
Peer Median
|
4.18
|
4.45
|
2.58
|
4.31
|
--
|
Operating Efficiency
Debtors to sales
18.39
Higher than Peers by 8.43
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari Agro
|
18.39
|
2.82
|
1.94
|
13.01
|
17.14
|
|
Peer Median
|
9.96
|
18.39
|
10.04
|
9.15
|
--
|
Asset Turnover
0.39
Lower than Peers by 0.85
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari Agro
|
0.39
|
0.80
|
0.93
|
0.97
|
0.79
|
|
Peer Median
|
1.24
|
1.26
|
1.33
|
1.47
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari Agro
|
--
|
9.76
|
27.37
|
52.68
|
58.19
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari Agro
|
--
|
24.35
|
19.54
|
27.32
|
37.15
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari Agro
|
--
|
33.12
|
32.82
|
49.81
|
63.44
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari Agro
|
--
|
0.99
|
14.10
|
30.18
|
31.90
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
4.75
Lower than Peers by 3.98
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 Agro
|
4.75
|
0.83
|
4.68
|
7.14
|
1.07
|
|
Peer Median
|
8.73
|
8.89
|
23.28
|
50.27
|
--
|
Price / Book Value
0.32
Lower than Peers by 0.76
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 Agro
|
0.32
|
0.37
|
0.42
|
0.42
|
0.32
|
|
Peer Median
|
1.08
|
1.08
|
1.80
|
2.08
|
--
|
Dividend Yield
--
--
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 Agro
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1.63
|
0.69
|
0.55
|
0.54
|
--
|
EV/EBITDA
12.21
--
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 Agro
|
12.21
|
3.87
|
2.85
|
3.76
|
4.91
|
|
Peer Median
|
--
|
9.02
|
17.61
|
10.15
|
--
|
Market Cap
810
Lower than Peers by 4,824
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Zuari Agro
|
810
|
767
|
771
|
713
|
509
|
|
Peer Median
|
5,634
|
2,043
|
3,214
|
2,276
|
--
|