Zodiac Energy Ltd
Incorporated in 1992, Zodiac Energy Ltd is in the business of installing Solar Power Generation Plant[1]
- Market Cap ₹ 989 Cr.
- Current Price ₹ 675
- High / Low ₹ 816 / 115
- Stock P/E 90.1
- Book Value ₹ 32.5
- Dividend Yield 0.00 %
- ROCE 22.5 %
- ROE 26.2 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 28.6% CAGR over last 5 years
- Company's median sales growth is 42.4% of last 10 years
Cons
- Stock is trading at 20.8 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Infrastructure Developers & Operators Industry: Engineering - Turnkey Services
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
9 | 10 | 9 | 9 | 17 | 38 | 63 | 68 | 100 | 143 | 138 | 220 | |
9 | 9 | 8 | 9 | 16 | 35 | 58 | 63 | 93 | 134 | 130 | 201 | |
Operating Profit | 0 | 0 | 0 | 1 | 1 | 3 | 5 | 5 | 7 | 9 | 8 | 19 |
OPM % | 4% | 4% | 4% | 6% | 5% | 8% | 8% | 7% | 7% | 6% | 5% | 9% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 3 | 4 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
Profit before tax | 0 | 0 | 0 | 0 | 0 | 3 | 5 | 4 | 6 | 8 | 4 | 15 |
Tax % | 55% | 31% | 17% | 31% | 31% | 27% | 31% | 30% | 26% | 28% | 27% | 26% |
0 | 0 | 0 | 0 | 0 | 2 | 3 | 3 | 4 | 5 | 3 | 11 | |
EPS in Rs | 0.50 | 0.61 | 0.28 | 0.61 | 1.39 | 1.37 | 2.12 | 2.05 | 3.02 | 3.73 | 2.18 | 7.50 |
Dividend Payout % | 24% | 20% | 44% | 0% | 0% | 0% | 59% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 37% |
5 Years: | 28% |
3 Years: | 30% |
TTM: | 60% |
Compounded Profit Growth | |
---|---|
10 Years: | 58% |
5 Years: | 29% |
3 Years: | 35% |
TTM: | 257% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 124% |
3 Years: | 235% |
1 Year: | 454% |
Return on Equity | |
---|---|
10 Years: | 17% |
5 Years: | 18% |
3 Years: | 18% |
Last Year: | 26% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1 | 1 | 1 | 1 | 1 | 7 | 7 | 7 | 15 | 15 | 15 | 15 |
Reserves | 0 | 0 | 0 | 0 | 1 | 10 | 13 | 16 | 13 | 18 | 21 | 33 |
2 | 3 | 3 | 3 | 4 | 1 | 4 | 6 | 13 | 18 | 46 | 40 | |
0 | 3 | 2 | 1 | 3 | 3 | 4 | 14 | 16 | 28 | 13 | 28 | |
Total Liabilities | 3 | 7 | 7 | 6 | 8 | 21 | 28 | 43 | 56 | 79 | 95 | 116 |
0 | 1 | 1 | 1 | 0 | 1 | 0 | 1 | 2 | 3 | 3 | 4 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
3 | 7 | 6 | 5 | 7 | 20 | 28 | 43 | 53 | 76 | 92 | 111 | |
Total Assets | 3 | 7 | 7 | 6 | 8 | 21 | 28 | 43 | 56 | 79 | 95 | 116 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0 | -8 | -6 | -0 | -4 | 2 | -23 | 16 | |||||
0 | -1 | 1 | -1 | -2 | -4 | -3 | -5 | |||||
0 | 11 | 3 | 1 | 6 | 3 | 25 | -10 | |||||
Net Cash Flow | 0 | 2 | -2 | 0 | 0 | 1 | -1 | 1 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 51 | 195 | 206 | 133 | 108 | 100 | 102 | 136 | 83 | 78 | 110 | 120 |
Inventory Days | 64 | 59 | 49 | 69 | 41 | 54 | 44 | 77 | 82 | 88 | 52 | 28 |
Days Payable | 1 | 148 | 96 | 49 | 35 | 10 | 12 | 30 | 45 | 59 | 14 | 29 |
Cash Conversion Cycle | 114 | 106 | 159 | 153 | 113 | 144 | 134 | 183 | 120 | 106 | 148 | 119 |
Working Capital Days | 108 | 122 | 159 | 137 | 87 | 135 | 133 | 144 | 130 | 104 | 162 | 105 |
ROCE % | 10% | 9% | 6% | 12% | 16% | 26% | 23% | 19% | 20% | 20% | 11% | 23% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Jul - Confirmation and details of Share Certificates Dematerialized for the period ended on June 30, 2024, received from M/s. Link Intime India Private Limited, Registered and …
- Closure of Trading Window 27 Jun
-
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
20 Jun - The Nomination and remuneration Committee of the Board of Zodiac Energy Limited on June 20, 2024 has considered and approved the allotment of 27,000 Equity …
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 31 May
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Circular No. CIR/CFR/CMD1/27/2019 dated February 08, 2019, NSE Circular Ref. No. NSE/CML/2023/30 dated April 10, 2023 and BSE Circular Ref. No. 20230410-41 dated April 10, …
Business Overview:[1][2]
ZEL is an Energy Solution Provider based in Ahmedabad. Company uses solar energy to provide turnkey solutions from concept to commissioning power companies. It does Design, supply, installation, Testing and Commissioning (EPC) and Operation and Maintenance (O&M) in:
a) Residential rooftop
b) Commercial & Industrial rooftop
c) Ground Mounted Captive Projects
Company has served 10,000+ customers and installed more than 100,000 KW Rooftop solar power plants up to FY22