| Management target | Revenue FY29 |
|---|
| Revenue growth | 33% YoY in FY26. |
|---|---|
| Margins | EBITDA margin expanded 114 bps to 10.2%. |
| Order book | ₹382.3 crs, up 23% YoY. |
| Demand visibility | Strong order pipeline of ₹382.3 crs. |
| Management confidence | High; visibility through Zenwatt expansion. |
Growth
FY26 Revenue reached ₹543.5 crs (33% YoY); EBITDA at ₹55.3 crs (50% YoY). PAT grew 5% to ₹21.0 crs.
Outlook
Management targets ₹1,000 crore revenue by FY29, focusing on Zenwatt-led BESS expansion and utility-scale ground-mounted solar projects.
Risks
Cash conversion cycle increased to 94 days from 83; net debt to equity rose slightly to 1.9x.
Earnings Call filed with BSE, NSE: ZODIAC. Summary written with AI assistance from the document.
Zodiac Energy Ltd: key numbers
- Share price
- ₹214.91
- Market cap
- ₹325.6 Cr
- Revenue (annual)
- ₹543.5 Cr
- Net profit (annual)
- ₹21.07 Cr
- P/E (TTM)
- 10.2×Sector 21.5×
- Promoter holding
- 69.83%-0.14% QoQ
- FII holding
- 0.20%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Zodiac Energy Ltd
All →Zodiac Energy Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹166.2 cr (+72% YoY), EBITDA ₹19.2 cr (11.6% margin), PAT ₹9.2 cr (5.5% margin). Pivoting into BESS via Zenwatt; Africa export push.
Zodiac Energy Q2 FY27 Results: Net Profit ₹9.2 Cr, Up 240.7% YoY
Zodiac Energy Ltd reported revenue from operations of ₹166.2 Cr (+71.7% YoY) and net profit of ₹9.2 Cr (+240.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹9.2 Cr · +240.7% YoY
Zodiac Energy Board Meeting Date
Zodiac Energy scheduled its board meeting for October 30, 2026, to approve Q2 and half-year unaudited financial results. The trading window remains closed until 48 hours post-announcement.
Zodiac Energy Other Announcement
Zodiac Energy Ltd has submitted its quarterly shareholding pattern for the period ended September 30, 2026, as required under SEBI (LODR) Regulations.
Zodiac Energy Legal & Regulatory
The Gujarat High Court set aside a GST demand notice and order for FY 2018-19. The company reported no financial or operational impact from this order.
Zodiac Energy Credit Rating
CARE Ratings reaffirmed Zodiac Energy Limited's credit ratings at 'CARE BBB; Stable' and 'CARE A3+'. The agency monitored a total bank loan facility of Rs.189 Crore.
- Value
- ₹189.0 Cr