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NSE:ZODIAC

ZODIAC ENERGY LIMITED

Construction › Construction
₹194.01
at close · 28 Oct 2026
▲ 0.01 (+0.01%)
ThemesWind Energy· announced

Latest filings

Next results: Fri, 30 Oct · Financial Results/Other business matters
  1. Board to approve September quarter results on October 30 · Results
  2. Gujarat High Court quashes GST demand order against Zodiac Energy · Regulatory & Legal
  3. CARE reaffirms Zodiac Energy rating at BBB; Stable, outlook stable · 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

Sells solar photovoltaic modules and executes engineering, procurement and construction (EPC) contracts for solar power plants, primarily ground-mounted installations in Gujarat and elsewhere in India. The Solar Photovoltaic Modules & EPC Contracts segment accounts for 97.1% of FY26 segment revenue, with the remaining 2.9% coming from a Generation of Power segment that runs the company's own solar plants. Customers are commercial and industrial buyers and other entities needing ground-mounted solar installations, including a recently commissioned 10.8 MWp plant for Amanta Healthcare in Gujarat. The order book stood at ₹382.3 crore at year-end, with ₹163.4 crore of new inflow during FY26, and the company commissioned 65.7 MW of C&I projects over the year. Materials — primarily solar modules, inverters and mounting hardware — make up 78.7% of revenue, making input costs the dominant driver of operating performance. A wholly owned subsidiary is being set up in Zambia to take solar EPC work into Africa.

Revenue mix · reported segments
Solar Photovoltaic Modules & EPC Contracts97.1%
Generation of Power2.9%
Operating scale
Order book
₹382.3 croreFY26
Order inflow
₹163.4 croreFY26
C&I projects commissioned
65.7 MWFY26
FY26 revenue
₹543.5 croreFY26
Materials share of revenue
78.7%FY26
Recent solar EPC order
2000 Kwp ground-mounted PV plant, ~₹7.12 croreAug 2026
Who pays it
Commercial and industrial entities, utilities and other buyers needing ground-mounted solar PV installations
Biggest cost
Solar modules, inverters and mounting hardware, at 78.7% of revenue
Kind of business
Solar EPC contractor with small own-power-generation arm, materially dependent on input costs
Where it sits
FY26 revenue ₹543.5 crore with ₹382.3 crore order book; commissioned 65.7 MW of C&I solar in the year and expanding into Zambia for solar EPC
Market Cap
₹294 Cr
P / E (TTM)
12.1×
EV / EBITDA
7.8×
Div Yield
0.39%
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
19.3%▲
ROCE (FY26)
ROE 17.7% · margin 10.7%
Leverage
1.93·
Debt / Equity · high
Net debt ₹216 Cr
Moves on a normal day
1.35%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 110 Civil Construction peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#44/101
P/B#65/85
ROCE#48/107
ROE#14/87
Debt / Equity#85/87
EBITDA margin#47/88
Revenue growth#13/86
Profit growth#6/84

Scorecard

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

Strengths
Nothing stands out in the filed numbers.
Concerns
Carries more debt than its peers — 1.93× equity
higher than 98% of its 87 Civil Construction peers
Heavy working capital — 130 days of cash tied up

Charts

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

ZODIAC · 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 ZODIAC ENERGY LIMITED's filed financials and exchange disclosures

What does ZODIAC ENERGY LIMITED do?

ZODIAC ENERGY LIMITED is a Construction company listed on NSE and BSE, trading under the symbol ZODIAC.

Is ZODIAC ENERGY LIMITED profitable?

Yes. Over the trailing twelve months ZODIAC ENERGY LIMITED reported a net profit of ₹25 Cr on revenue of ₹587 Cr.

Does ZODIAC ENERGY LIMITED pay a dividend?

Yes. The dividend yield is 0.39% at the current price. It paid out 5% of its profit as dividend in FY26.

Is ZODIAC ENERGY LIMITED debt-free?

No. It reported borrowings of ₹229 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹216 Cr after cash. Debt stands at 1.93× equity. That is higher than 98% of its 87 Civil Construction peers.

Is ZODIAC ENERGY LIMITED expensive compared with its peers?

On trailing P/E, ZODIAC ENERGY LIMITED ranks 44 of 101 in Civil Construction — cheaper than 57% of them, against an industry median of 13.5×. This is a position, not a valuation judgement.

How much does the ZODIAC ENERGY LIMITED share price move in a day?

On a typical session ZODIAC ENERGY LIMITED moves 1.35% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are ZODIAC ENERGY LIMITED's next results?

Financial Results/Other business matters on Fri, 30 Oct. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track ZODIAC ENERGY LIMITED's announcements?

Every NSE and BSE filing by ZODIAC ENERGY 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.