Zuari Industries
- Market cap
- ₹ 704 Cr.
- P/E
- 6.1x
- P/B
- 0.2x
- 52-week range
- 210 – 364
- ROE
- 3%
- ROCE
- 5%
- Dividend yield
- 0.4%
- Debt / equity
- 0.72
- Sector
- Agricultural Food & other Products
- Industry
- Sugar
- Listed on
- NSE, BSE
About
Zuari Industries Ltd is an India-based holding company. The Company operates through eight segments: Engineering, Furniture, Real estate, Sugar, Power, Investment services, Ethanol Plant, and Management Services. The Engineering services segment includes technology, basic engineering, detailed engineering, project management, procurement, and construction services in the engineering and contracting sector. The Furniture segment includes manufacturing, sale, and trading of furniture products. The Real estate segment includes development of real estates. The Investment services includes capital market related services. The Sugar division includes extraction of sugar from sugar cane. The Power division includes co-generation of power using byproduct of sugar division that is bagasse. The Ethanol division includes manufacturing of ethanol using molasses. The Management services include management consultancy, manpower outsourcing and related services.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Sugar: 40 companies →Zuari Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)6.1 against a typical 16.6: cheaper than most peers (1st = cheapest).8th of 40
- Sales growth+21.2% against a typical +5.7% from a year earlier.11th of 36
- Share price, 3 months−7.7% against a typical +3.3%.30th of 38
- Size₹ 703.7 Cr. market value against a typical ₹ 365.2 Cr. (1st = largest).14th of 36
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB- by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE BBB- | Positive | 20 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 20 Aug 2026 | ▲ Outlook raised | CARE BBB- Outlook Stable → Positive | — | CARE | ₹ 667.49 Cr. | |
| 3 Oct 2025 | Reaffirmed | CARE BBB- | — | CARE | ₹ 667.49 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 13 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 25 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 13 Feb 2026 | Financial Results | To consider and approve the Unaudited Financial Results (Standalone & Consolidated) for the period ended December 31, 2025 |
| 12 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 12 Aug 2025 | Financial Results | To consider and approve the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended 30 June 2025 |
| 27 May 2025 | Financial Results/Dividend | To consider and approve the Audited financial results (Standalone and Consolidated) for the period ended March 31, 2025 and recommend dividend, if any |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 269 | 116 | 262 | 226 | 237 | 235 | 272 | 257 | 241 | 263 | 284 | 312 |
| Expenses | 282 | 126 | 142 | 201 | 233 | 242 | 245 | 232 | 230 | 270 | 253 | 298 |
| Operating Profit | −13 | −10 | 121 | 25 | 4 | −7 | 28 | 25 | 11 | −8 | 30 | 14 |
| OPM % | −5% | −9.1% | 46.1% | 10.9% | 1.7% | −3% | 10.1% | 9.8% | 4.5% | −2.9% | 10.7% | 4.6% |
| Other Income | 60 | 891 | 15 | 17 | 59 | 54 | 25 | 45 | 225 | 47 | 20 | 55 |
| Interest | 74 | 72 | 68 | 69 | 71 | 63 | 59 | 63 | 61 | 56 | 62 | 62 |
| Depreciation | 7 | 7 | 7 | 7 | 7 | 7 | 8 | 7 | 7 | 8 | 8 | 8 |
| Profit before tax | −34 | 802 | 61 | −34 | −15 | −24 | −15 | −0 | 167 | −25 | −20 | −1 |
| Tax % | −4.8% | 9.1% | −3.3% | −2% | −1.2% | 6.6% | 41.5% | 17.5% | 1.6% | 6.8% | 60.9% | −108.8% |
| Net Profit | −32 | 729 | 63 | −34 | −15 | −25 | −21 | −0 | 164 | −26 | −32 | 0 |
| EPS in Rs | −10.67 | 244.89 | 21.35 | −11.2 | −4.84 | −8.31 | −6.95 | 0.02 | 55.34 | −8.69 | −10.41 | 0.2 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 7%
- 5 Years
- 5%
- 3 Years
- 3%
- TTM
- 10%
- 10 Years
- 17%
- 5 Years
- 28%
- 3 Years
- −28%
- TTM
- 380%
- 10 Years
- 11%
- 5 Years
- 18%
- 3 Years
- 25%
- TTM
- —
- 10 Years
- −2%
- 5 Years
- 1%
- 3 Years
- 0%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Zuari Industries | ₹ 240.00 | ₹ 704 Cr. | 6.1x | 0.2x | 3% | — |
| DLF | ₹ 653.55 | ₹ 1,61,774 Cr. | 39x | 3.6x | 10% | 32% |
| Lodha Developers | ₹ 963.00 | ₹ 1,01,441 Cr. | 33.7x | 5.1x | 15.8% | 20.6% |
| Indus Towers | ₹ 380.00 | ₹ 1,00,250 Cr. | 14.9x | 2.7x | 19.8% | 22% |
| Oberoi Realty | ₹ 1,587.20 | ₹ 57,846 Cr. | 27.3x | 3.8x | — | 41.6% |
| Godrej Properties | ₹ 1,497.90 | ₹ 45,121 Cr. | 166x | 3.3x | 10.2% | 35.9% |
Management
- Jatin Jain
- Chief Financial Officer
- Yadvinder Goyal
- Compliance Officer, Company Secretary
- Athar Shahab
- Managing Director, Director
- Alok Saxena
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.