Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · ZENITH HEALTH CARE LTD. · 29 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
ZENITH HEALTH CARE LTD.
BSE: 530665
BSE: 530665
Healthcare › Healthcare › Pharmaceuticals & Biotechnology › Pharmaceuticals
ZENITH HEALTH CARE LTD.
StateQ4 FY26 filed
Last close · 28 Oct 2026₹3.61
Market cap₹0.0k cr
TTM P/E · P/B · EV/EBITDA180.5 · 2.62 · 67.2
ZENITH HEALTH CARE LTD. is a Pharmaceuticals & Biotechnology company. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 22 | 13 | 14 | 11 | 11 |
| EBITDA (ex other income) | 0 | 0 | 0 | 0 | (0) |
| margin % | 2.0 | 0.2 | 1.6 | 0.8 | (1.2) |
| Owners' profit | 0 | 0 | 0 | 0 | 0 |
| EPS, as reported (₹) | 0.06 | 0.01 | 0.04 | 0.01 | 0.01 |
| ROE % · ROCE % | 4.3 · 8.7 | 1.1 · 1.7 | 2.8 · 3.9 | 0.9 · 3.9 | 0.1 · 0.3 |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | 1 | (1) | 2 | 1 | (1) |
| Capex | 0 | 0 | (0) | (0) | (0) |
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · ZENITH HEALTH CARE LTD. · 29 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3 | 3 | 2 | 3 | 3 | 2 | 2 | 3 |
| Profit before tax | 0 | 0 | (0) | 0 | (0) | 0 | 0 | (0) |
| Net profit | 0 | 0 | (0) | 0 | (0) | 0 | 0 | (0) |
| EPS (₹) | 0.03 | 0.02 | (0.05) | 0.02 | 0.01 | 0.03 | 0.04 | (0.06) |
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| SUN PHARMACEUTICAL IND L | 4,21,677 | 34.9 | 5.03 | 22.6 | 13.7 | 17.5 | 11.8 | 32.3 |
| DIVI S LABORATORIES LTD | 2,53,976 | 87.0 | 15.15 | 65.5 | 15.3 | 18.8 | 8.7 | 42.8 |
| TORRENT PHARMACEUTICALS L | 1,54,957 | 73.1 | 8.81 | 38.5 | 12.2 | 8.0 | 11.8 | 33.1 |
| LAURUS LABS LIMITED | 1,17,877 | 107.7 | 21.70 | 65.6 | 16.4 | 17.2 | 7.2 | 32.0 |
| ZYDUS LIFESCIENCES LTD | 1,17,315 | 26.2 | 3.97 | 15.1 | 17.3 | 18.0 | 12.4 | 25.2 |
| DR. REDDY S LABORATORIES | 1,11,506 | 34.5 | 2.92 | 14.9 | 10.9 | 13.0 | 12.1 | 15.0 |
| CIPLA LTD | 1,10,320 | 32.7 | 3.20 | 16.9 | 11.2 | 14.7 | 8.0 | 19.7 |
| MANKIND PHARMA LIMITED | 1,02,829 | 50.3 | 6.21 | 28.3 | 11.7 | 10.8 | — | 27.3 |
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 180.5 | 30.8 | 152 of 158 | 4% |
| P/B | 2.6 | 3.1 | 71 of 163 | 57% |
| ROCE | 0.2 | 10.8 | 151 of 183 | 18% |
| ROE | 0.1 | 9.8 | 141 of 166 | 15% |
| Debt / Equity | 0.0 | 0.2 | 1 of 166 | 79% |
| EBITDA margin | (13.7) | 17.5 | 161 of 165 | 2% |
| Revenue growth | (23.5) | 16.3 | 143 of 161 | 11% |
| Profit growth | (411.5) | 30.9 | 156 of 158 | 1% |
| Market cap | 19 | 806 | 166 of 181 | 8% |
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · ZENITH HEALTH CARE LTD. · 29 October 2026Page 3 of 3
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 28 Oct 2026 · September 2026 results: Q2 profit falls, H1 net profit rises 30% | results | high | — | — |
| 28 Oct 2026 · Q2 profit falls 83%, half-year profit rises 30% | results | high | — | — |
| 21 Oct 2026 · Board meeting on Oct 28, 2026 to approve Q2/H1 FY26-27 results | results | low | — | — |
| 10 Oct 2026 · Routine RTA Compliance Certificate Under Regulation 74(5) for Q2 FY27 | compliance | minimal | — | — |
| 25 Sept 2026 · Trading window closed for Q2 and half year results | compliance | minimal | — | — |
| 31 Aug 2026 · Re-appointment of Non-Executive Director Mrs. Neela M. Raycha via rotation | management changes | low | — | — |
| 31 Aug 2026 · Zenith Healthcare shareholders approve Joint MD Akshit Raycha for 3 years | management changes | medium | — | — |
| 31 Aug 2026 · Re-appointment of Mr. Mahendra C. Raycha as Managing Director for 3 more years | management changes | medium | — | — |
| 31 Aug 2026 · All 5 resolutions passed at 32nd AGM; MD reappointed for 3 more years | compliance | minimal | — | — |
| 28 Aug 2026 · 32nd AGM held on Aug 28, 2026 via VC, 5 resolutions passed | board shareholder meetings | low | — | — |
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in