| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 615 | 1,246 | −50.6% |
| EBITDA | 59.2 | 141 | −58.0% |
| EBITDA margin | 9.6% | 11.3% | −1.7 pts |
| Profit before tax | 37.2 | 88.1 | −57.8% |
| Net profit | 119 | 127 | −6.8% |
| EPS | ₹28.17 | ₹23.54 | +19.7% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 817 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 34.0 | 34.0 | 173 | 338 | 389 | ||
| 0.7 | 0.7 | 662 | 596 | 533 | ||
| 642 | 642 | 717 | 1,783 | 2,108 | ||
| 1,425 | — | — | — | — | ||
| 2,569 | 3,200 | 4,436 | 4,595 | 4,553 | ||
| — | −27.9% | −3.5% | +0.9% | — | ||
| 228 | 309 | 368 | 356 | 331 | ||
| 8.9% | 9.7% | 8.3% | 7.8% | 7.3% | ||
| 189 | 251 | 267 | 261 | 253 | ||
| 974 | 982 | 231 | 171 | 539 | ||
| 37.9% | 30.7% | 5.2% | 3.7% | 11.8% | ||
| ₹223.25 | ₹218.69 | ₹39.17 | ₹23.73 | ₹113.32 | ||
| — | +458.3% | +65.1% | −79.1% | — | ||
| — | 203 | 511 | 473 | 94.8 | ||
| — | −160 | −105 | −144 | −317 | ||
| 43.6 | 43.6 | 407 | 329 | −222 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 816.6 | |
| - Cash, Equiv & ST Investments | 389.2 | 337.8 | 173.2 | 34.0 | 34.0 | |
| + Minority Interest | 533.2 | 595.9 | 661.6 | 0.7 | 0.7 | |
| + Total Debt | 2,107.7 | 1,783.0 | 717.3 | 641.6 | 641.6 | |
| Enterprise Value | — | — | — | — | 1,425.0 | |
| Revenue | 4,552.6 | 4,595.5 | 4,436.1 | 3,199.7 | 2,568.9 | |
| Growth %, YoY | — | +0.9 | -3.5 | -27.9 | — | |
| EBITDA | 331.3 | 356.2 | 368.3 | 309.4 | 227.8 | |
| Margin % | 7.28 | 7.75 | 8.30 | 9.67 | 8.87 | |
| EBIT | 252.8 | 261.4 | 266.8 | 250.7 | 188.7 | |
| Net Income | 539.0 | 170.9 | 231.0 | 982.4 | 973.7 | |
| Margin % | 11.84 | 3.72 | 5.21 | 30.70 | 37.90 | |
| EPS, Adj (current shares) | 113.32 | 23.73 | 39.17 | 218.69 | 223.25 | |
| Growth %, YoY | — | -79.1 | +65.1 | +458.3 | — | |
| Cash from Operations | 94.8 | 473.1 | 511.5 | 203.3 | — | |
| Capital Expenditures | -316.7 | -143.8 | -104.9 | -159.7 | — | |
| Free Cash Flow | -221.9 | 329.3 | 406.6 | 43.6 | 43.6 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Zuari Agro Chemicals (NSE: ZUARI) had a market capitalisation of ₹775 crore at the 30 October 2026 close (₹184.30 a share), a PE ratio of 0.8 on the last four quarters' profit and a price-to-book ratio of 0.37. In FY26 its consolidated net profit was ₹920 crore on revenue of ₹3,200 crore; in Q1 FY27 (April–June 2026) it was ₹118 crore, up 19.7% year on year. Its debt-to-equity ratio was 0.31 on 31 March 2026. Promoters held 65.21% of the shares on 30 September 2026.
Zuari Agro Chemicals' PE ratio is 0.8 at the 30 October 2026 close (₹184.30 a share): a market capitalisation of ₹775 crore divided by consolidated net profit of ₹939 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹920 crore) it is 0.8. These four quarters include net exceptional items of ₹812 crore (one-off gains reported separately), so the ratio on recurring profit would differ.
Zuari Agro Chemicals' price-to-book (PB) ratio is 0.37 at the 30 October 2026 close: a market capitalisation of ₹775 crore divided by shareholders' equity (book value) of ₹2,089 crore on 31 March 2026. That is a book value of ₹496.67 per share against a share price of ₹184.30.
In FY26, Zuari Agro Chemicals' return on equity (ROE) was 46.6% and its return on capital employed (ROCE) was 7.9%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 9.3% and ROCE 7.7%.
Zuari Agro Chemicals' market capitalisation was ₹775 crore at the 30 October 2026 close: 4.21 crore shares at ₹184.30 each.
No. Zuari Agro Chemicals had borrowings of ₹642 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.31. Its cash and current investments were ₹63.4 crore, so its net debt was ₹578 crore.
Zuari Agro Chemicals' basic earnings per share (EPS) were ₹218.70 in FY26, against ₹39.17 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹223.34.
Zuari Agro Chemicals' debt-to-equity ratio was 0.31 on 31 March 2026: borrowings of ₹642 crore against total equity of ₹2,090 crore. A year earlier, on 31 March 2025, it was 0.28.
Promoters held 65.21% of Zuari Agro Chemicals on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
Zuari Agro Chemicals will announce its Q2 FY27 results (July–September 2026) on Monday, 2 November 2026, the date of the board meeting it has notified to the exchanges.
Zuari Agro Chemicals' net worth — shareholders' equity in its consolidated balance sheet — was ₹2,089 crore on 31 March 2026, up 12.6% from ₹1,856 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹775 crore at the 30 October 2026 close.
Zuari Agro Chemicals' book value per share was ₹496.67 on 31 March 2026: shareholders' equity of ₹2,089 crore divided by the 4.21 crore shares in issue, up 12.6% from ₹441.24 a year earlier. The share price at the 30 October 2026 close was ₹184.30.
In FY26, Zuari Agro Chemicals generated ₹203 crore of cash from operations and spent ₹160 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹43.6 crore. In FY25 it was ₹407 crore.
On 30 September 2026, Zuari Agro Chemicals' shares were held by promoters 65.21%, foreign portfolio investors (FII/FPI) 1.91%, domestic institutions (DII) 0.10% and retail and other non-institutional investors 32.79%. Over the year, FII holding was down 0.94 percentage points from 2.85% and DII holding was up 0.01 percentage points from 0.09%.
Zuari Agro Chemicals' latest results are for Q1 FY27 (April–June 2026), filed on 31 July 2026: consolidated net profit ₹118 crore, up 19.7% from ₹99 crore in Q1 FY26; revenue from operations ₹615 crore, down 50.6% year on year.
At the 30 October 2026 closing prices, on FY26 net profit, Zuari Agro Chemicals' PE ratio is 0.8, the lowest of the four: Madras Fertilizers 10.3, Southern Petrochemicals Industries Corporation 5.4 and Aries Agro 13.1, a peer average of 9.6. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26 (April 2025–March 2026), Zuari Agro Chemicals' consolidated net profit was ₹920 crore, up 458.3% from ₹165 crore in FY25, on revenue from operations of ₹3,200 crore (down 27.9%). Over three years, from FY23, net profit was up 93.0%.
On FY26 consolidated figures, against Madras Fertilizers, Southern Petrochemicals Industries Corporation and Aries Agro: Zuari Agro Chemicals' operating margin of 7.8% is the third highest of the four (Madras Fertilizers 4.2%, Southern Petrochemicals Industries Corporation 8.7%, Aries Agro 8.8%; peer average 7.2%); its return on equity of 46.6% is the second highest of the four (Madras Fertilizers 269.6%, Southern Petrochemicals Industries Corporation 16.5%, Aries Agro 13.7%; peer average 99.9%); its revenue growth over three years of −11.1% a year is the third highest of the four (Madras Fertilizers −12.6% a year, Southern Petrochemicals Industries Corporation 1.5% a year, Aries Agro 16.2% a year; peer average 1.7% a year).
In FY26, Zuari Agro Chemicals earned net profit of ₹920 crore on revenue of ₹3,200 crore, against ₹80.4 crore on ₹2,300 crore for Madras Fertilizers. Zuari Agro Chemicals' operating margin was 7.8% (Madras Fertilizers 4.2%) and its return on equity 46.6% (Madras Fertilizers 269.6%). At the 30 October 2026 close, Zuari Agro Chemicals' market capitalisation was ₹775 crore against ₹832 crore for Madras Fertilizers, and its PE ratio on FY26 profit 0.8 against 10.3.
From Zuari Agro Chemicals' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.