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Zeal Aqua Limited

Fast Moving Consumer Goods › Food Products
₹10.52
at close · 28 Oct 2026
▲ 0.14 (+1.35%)

Latest filings

Next results: Thu, 5 Nov · Financial Results
  1. Board meeting set for November 2026 results approval · Results
  2. CRISIL Reaffirms BBB Rating; Bank Facility Enhanced to Rs 246 Cr · Credit & Debt
  3. CRISIL reaffirms Zeal Aqua ratings; bank loan limit enhanced to Rs 246 cr · Credit & Debt
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Produces aquaculture and poultry feed and processes shrimp for export. Operates 143 feed plants, 33 hatcheries and 7 processing facilities, with shrimp processing capacity of 2,379 metric tonnes. The shrimp business sells into export markets at an average realised price of Rs. 515.03 per kg. Materials account for 86.6% of revenue, reflecting the commodity nature of feed ingredients and raw shrimp. Employee costs run at 2.2% of revenue and depreciation at 0.8%, indicating a working-capital-heavy rather than capital-heavy cost structure. FY26 revenue stood at Rs. 667.51 crore with net profit of Rs. 14.11 crore.

Operating scale
Feed plants
143FY26
Hatcheries
33FY26
Processing facilities
7FY26
Shrimp processing capacity
2,379 MTFY26
Average shrimp export price
Rs. 515.03/kgFY26
FY26 revenue
Rs. 667.51 croreFY26
Who pays it
Aquaculture and poultry farmers buying feed; overseas buyers of processed shrimp
Biggest cost
Raw materials (feed ingredients and raw shrimp) at 86.6% of revenue
Kind of business
Working-capital-heavy aquaculture feed and seafood processing
Where it sits
BSE-listed aquaculture and poultry feed company with shrimp processing for export, operating 143 feed plants and 33 hatcheries
Market Cap
₹133 Cr
P / E (TTM)
9.4×
EV / EBITDA
6.9×
Div Yield
—
Growth
17.5%▲
Revenue 5y CAGR
PAT +27.1% · EBITDA +13.3%
Quality
21.7%▲
ROCE (5y median)
ROE 10.5% (5y median) · margin 6.9%
Leverage
1.80·
Debt / Equity · high
Net debt ₹185 Cr
Revenue FY21→FY26
2.2×▲
Margin +0.7 pts
₹297 Cr → ₹668 Cr
Cash conversion
2.62×▲
Operating cash ÷ profit · 5 yrs
₹119 Cr on ₹45 Cr
Moves on a normal day
1.41%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 8 Seafood peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#4/7
P/B#4/8
ROCE#3/9
ROE#4/8
Debt / Equity#7/8
EBITDA margin#4/7
Revenue growth#1/7
Profit growth#6/8

Scorecard

Measured from the filed financials, judged against its Seafood peers · as of FY26 — not investment advice

Strengths
Revenue compounding 18% a year over 5 years
Profit compounding 27% a year over 5 years
Profit grew in every one of the last 5 years
Returns on capital 21.7% (5-year median)
#3 of 9 in Seafood on the latest reported figures · up from 21.8% in FY21
Over 5 years it reported ₹45 Cr of profit and ₹119 Cr of operating cash — 2.62×
Profit is converting into cash
Concerns
Carries more debt than its peers — 1.80× equity
higher than 86% of its 8 Seafood peers
EPS grew slower than profit — the share count rose (bonus or dilution)

Charts

How has the market priced it — with filings on the timeline?

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from Zeal Aqua Limited's filed financials and exchange disclosures

What does Zeal Aqua Limited do?

Zeal Aqua Limited is a Food Products company listed on BSE.

Is Zeal Aqua Limited profitable?

Yes. Over the trailing twelve months Zeal Aqua Limited reported a net profit of ₹14 Cr on revenue of ₹668 Cr.

Does Zeal Aqua Limited pay a dividend?

Not in the latest reported year — Zeal Aqua Limited's dividend payout for FY26 was nil.

Is Zeal Aqua Limited debt-free?

No. It reported borrowings of ₹186 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹185 Cr after cash. Debt stands at 1.80× equity. That is higher than 86% of its 8 Seafood peers.

Is Zeal Aqua Limited expensive compared with its peers?

On trailing P/E, Zeal Aqua Limited ranks 4 of 7 in Seafood — cheaper than 50% of them, against an industry median of 9.4×. This is a position, not a valuation judgement.

How much does the Zeal Aqua Limited share price move in a day?

On a typical session Zeal Aqua Limited moves 1.41% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

When are Zeal Aqua Limited's next results?

Financial Results on Thu, 5 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track Zeal Aqua Limited's announcements?

Every NSE and BSE filing by Zeal Aqua Limited appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.