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NSE:ZOTA

ZOTA HEALTH CARE LIMITED

Healthcare › Pharmaceuticals & Biotechnology
₹1,270.00
at close · 28 Oct 2026
▼ 18.40 (-1.43%)

Latest filings

  1. No deviation in use of placement proceeds through September 2026 · Compliance
  2. Q2FY27 revenue up 55%, EBITDA turns positive; faster store expansion planned · Investor Communications
  3. Q2FY27 revenue up 54.58%, EBITDA turns positive · Compliance
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

Operates a generic-medicine retail pharmacy chain primarily under the Davaindia brand, with 2,579 stores across 23 states at end of FY26, after adding 997 new stores during the year (804 COCO + 193 FOFO). Davaindia contributed 77% of consolidated revenue in FY26. The chain runs two store formats: Company Owned Company Operated (COCO) and Franchise Owned Franchise Operated (FOFO). COCO gross margins exceed 70% and overall gross margin reached 60.28% in FY26. The network expanded further to 2,825 stores by end of Q1FY27 (1,855 COCO + 970 FOFO). Same-store growth has been 35-40% for stores aged 24+ months and 55-60% for stores aged 12-24 months. Through subsidiaries, additional retail pharmacy formats are being developed: Ugo Generic (KMHP Ventures, targeting B2B and B2C models) and SKIA (Curexis Ventures). Management has guided to 500-700 new Davaindia stores in FY27, with a long-term target of 5,000+ stores by FY29. Employee cost is the largest expense at 33.1% of revenue.

Revenue mix · reported segments
Davaindia retail pharmacy chain77.0%
Other / legacy pharma and subsidiary operations23.0%
Operating scale
Total Davaindia stores (end FY26)
2,579 stores (1,656 COCO + 923 FOFO)FY26
Total Davaindia stores (end Q1FY27)
2,825 stores (1,855 COCO + 970 FOFO)Q1FY27
New Davaindia stores added in FY26
997 stores (804 COCO + 193 FOFO)FY26
States covered by Davaindia
23 statesFY26
COCO gross margin
70%+FY26
Overall gross margin
60.28%FY26
Who pays it
Retail consumers purchasing generic medicines through Davaindia pharmacy stores.
Biggest cost
Employee cost at 33.1% of revenue, the largest line item.
Kind of business
Rapidly expanding, retail pharmacy chain focused on generic medicines, running both company-operated and franchise store models.
Where it sits
Davaindia had 2,579-2,825 stores across 23 states at end of FY26/Q1FY27 and claimed the highest single-year store additions in pharma retail for FY26.
Market Cap
₹4,398 Cr
P / E (TTM)
—
EV / EBITDA
790.5×
Div Yield
0.07%
Growth
38.2%▲
Revenue 5y CAGR
PAT — · EBITDA +47.0%
Quality
-7.0%·
ROCE (FY26)
ROE -10.6% · margin 3.7%
Leverage
0.04·
Debt / Equity · low
Net debt ₹21 Cr
Revenue FY21→FY26
5.0×▲
Margin −13.6 pts
₹107 Cr → ₹539 Cr
Moves on a normal day
1.47%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 185 Pharmaceuticals peersBar = share of peers beaten · tick = industry median · latest reported figures
P/B#134/163
ROCE#166/183
ROE#157/166
Debt / Equity#62/166
EBITDA margin#158/165
Revenue growth#15/161
Profit growth#149/158

Scorecard

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

Strengths
Revenue compounding 38% a year over 5 years
Debt at 0.04× equity
lower than 63% of its 166 Pharmaceuticals peers
Concerns
Erratic profits — up in only 1 of the last 5 years
Negative returns on capital — −7.0%
#166 of 183 in Pharmaceuticals on the latest reported figures

Charts

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Peers

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Financials

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from ZOTA HEALTH CARE LIMITED's filed financials and exchange disclosures

What does ZOTA HEALTH CARE LIMITED do?

ZOTA HEALTH CARE LIMITED is a Pharmaceuticals & Biotechnology company listed on NSE, trading under the symbol ZOTA.

Is ZOTA HEALTH CARE LIMITED profitable?

No. Over the trailing twelve months ZOTA HEALTH CARE LIMITED reported a net loss of ₹104 Cr on revenue of ₹609 Cr.

Does ZOTA HEALTH CARE LIMITED pay a dividend?

Yes. The dividend yield is 0.07% at the current price.

Is ZOTA HEALTH CARE LIMITED debt-free?

No. It reported borrowings of ₹29 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹21 Cr after cash. Debt stands at 0.04× equity. That is lower than 63% of its 166 Pharmaceuticals peers.

How much does the ZOTA HEALTH CARE LIMITED share price move in a day?

On a typical session ZOTA HEALTH CARE LIMITED moves 1.47% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track ZOTA HEALTH CARE LIMITED's announcements?

Every NSE and BSE filing by ZOTA HEALTH CARE 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.