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Earnings Call

Z-Tech (India) Earnings Call: Key Takeaways

Z-Tech reported strong FY26 performance with 65% revenue growth, transitioning toward a high-margin hybrid model powered by its 'Zinc Park' platform.

Why this was an Alfa AlertFuture growth guidance >50%: Management guides FY27 revenue to ₹250-260cr, representing 60-67% YoY growth over FY26 revenue of ₹155.79cr.
Highlights
Revenue growth65% YoY growth in FY26; targeting 60%+ growth in FY27.
MarginsOperating leverage improving; recurring revenue segments yielding 50-60% EBITDA margins.
Order bookRobust pipeline; converting 20+ active leads in Uttar Pradesh alone.
Demand visibilityStrong underserved demand in Tier 2/3 cities for experiential infrastructure.
Management confidenceHigh; visibility from 100-park vision and increasing annuity-based revenue streams.

Growth

FY26 revenue up 65% to ₹155.79cr; EBITDA grew 55% to ₹43cr; PAT jumped 82.8% to ₹35.86cr.

Outlook

Guided FY27 revenue of ₹250-260cr; expansion to 30 parks; recurring revenue targeting ₹40-42cr with 50% margins.

Risks

Ballooning working capital cycle; geographical land issues in Gujarat; dependence on government execution timelines and political openings.

Source

Earnings Call filed with NSE, NSE: ZTECH. Summary written with AI assistance from the document.

Read the document ↗

Z-Tech (India) Ltd: key numbers

Share price
₹441.60
Market cap
₹670.8 Cr
Revenue (annual)
₹155.8 Cr
Net profit (annual)
₹35.86 Cr
P/E (TTM)
18.7×Sector 33.0×
Promoter holding
53.54%+0.00% QoQ
FII holding
4.47%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Z-Tech (India) Ltd

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17:18 IST NSE
Board Meeting Outcome

Z-Tech (India) Board Meeting Outcome

Z-Tech (India) Limited announced the appointment of OKOS Management Consultants Pvt Ltd as the Internal Auditor of the Company for the financial year 2026-27.

11:38 IST NSE
New Order Win

Z-Tech (India) Bags New Order from Forest Department, Office of the Divisional Director, Social...

Z-Tech (India) won its first project from Forest Department for Indira Gandhi Memorial Botanical Garden, Raebareli. No contract value was disclosed in the press release.

From
Forest Department, Office of the Divisional Director, Social Forestry Division, Raebareli
14:00 IST NSE
Capital Structure Change

Z-Tech (India) Capital Structure Change

Z-Tech has announced the lapse and forfeiture of 24,000 warrants, resulting in a Rs. 0.30 Crore forfeiture. It also corrected a prior paid-up equity capital disclosure.

Value
₹0.30 Cr
21:04 IST NSE
Board Meeting Outcome

Z-Tech (India) Board Meeting Outcome

Z-Tech (India) Limited allotted 5,85,300 equity shares upon conversion of warrants for Rs. 21.95 Crore. The company also forfeited Rs. 0.30 Crore from lapsed warrants.

Value
₹21.95 Cr
19:13 IST NSE
Annual General Meeting

Z-Tech (India) Annual General Meeting

Z-Tech (India) Limited has scheduled its 32nd Annual General Meeting. The company also announced book closure dates from September 24 to September 30, 2026.

19:07 IST NSE
Board Meeting Outcome

Z-Tech (India) Board Meeting Outcome

Z-Tech approved its 32nd AGM details, annual report, and allotted 3,95,200 equity shares upon warrant conversion, receiving Rs. 14.82 Crore in balance subscription funds.

Value
₹14.82 Cr