ZUARI AGRO CHEMICALS LIMITED

BSE: ZUARI534742ISIN INE840M01016

Commodities
Fertilizers
BSE Commodities

Share price

₹190.60+6.25 (+3.39%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹346.40
52W low: ₹175.00
Off 52W high: -44.98%
1M return: -9.92%
3M return: -16.24%
6M return: -22.52%
1Y return: -22.54%
20D avg volume: 4,975
50 DMA: ₹213.14
200 DMA: ₹226.17

Key ratios Consolidated

Market cap: ₹801.63 Cr
Current price: ₹190.60
52W high / low: ₹346.40 / ₹175.00
Face value: ₹10.00
P/E: 4.70
P/B: 0.32
EPS (TTM): ₹40.58
Book value / share: ₹596.72
ROE: —
ROCE: 46.00%
Operating margin: —
Net margin: —
Debt / equity: 0.31
Net debt: ₹608.79 Cr
Interest cover: 10.68
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 14.3 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	397.72	615.21	187.33	343.70	1,423	1,246	951.99	1,264	1,123	1,097	897.67	843.44
	11.35	0.69	8.22	1.17	4.72	6.18	21.81	5.87	16.70	9.90	126.78	12.42
	409.07	615.90	195.55	344.87	1,427	1,252	973.80	1,270	1,140	1,107	1,024	855.86
	386.76	578.72	223.64	356.60	1,306	1,164	980.86	1,214	1,091	1,052	954.59	841.21
	2.12	37.79	6.75	6.54	606.00	472.02	416.47	558.01	404.76	528.75	464.11	393.44
	301.62	441.61	201.89	226.70	343.34	328.60	266.68	245.50	290.95	187.92	78.18	122.03
	21.55	21.59	16.83	18.24	37.13	39.68	33.50	33.64	35.56	35.73	34.75	31.77
	18.17	17.75	17.11	17.95	31.99	34.35	36.14	39.91	43.97	48.29	51.00	48.80
	5.08	4.91	4.78	4.22	25.18	24.51	25.20	26.17	24.92	25.21	24.52	24.17
	40.67	51.12	35.23	34.22	294.43	256.01	280.49	336.19	263.17	283.73	265.77	234.19
	22.31	37.18	-28.09	-11.73	121.31	88.06	-7.06	56.31	48.98	54.55	69.86	14.65
	0.00	0.00	-2.80	-2.90	817.49	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	22.31	37.18	-30.89	-14.63	938.80	88.06	-7.06	56.31	48.98	54.55	69.86	14.65
	7.08	14.67	0.08	9.97	199.58	26.91	5.25	20.05	20.04	26.83	3.19	16.90
	37.37	118.70	-25.10	39.70	840.36	127.38	27.20	80.95	93.42	29.37	77.36	28.55
	8.87	28.17	-5.94	9.43	191.68	23.54	4.72	12.97	19.30	2.17	17.87	6.78
Key metrics
	45.56	59.84	-9.00	7.54	995.97	146.92	54.28	122.39	117.87	128.05	145.38	87.62
	11.50%	9.70%	-4.80%	2.20%	70.00%	11.80%	5.70%	9.70%	10.50%	11.70%	16.20%	10.40%
	9.40%	19.30%	-13.40%	11.60%	59.10%	10.20%	2.90%	6.40%	8.30%	2.70%	8.60%	3.40%
	1.30%	—	-0.60%	—	34.30%	—	0.70%	—	—	—	—	—
	-72.00%	-50.60%	-80.30%	-72.80%	26.60%	13.60%	6.10%	49.90%	—	—	—	—
	-95.60%	-6.80%	-192.30%	-51.00%	799.60%	333.70%	-64.80%	183.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	1,544	3,200	4,436	4,595	4,553	3,590
	21.43	20.30	54.28	177.41	94.65	60.51
	1,565	3,220	4,490	4,773	4,647	3,650
	1,546	3,050	4,338	4,545	4,505	3,597
	53.20	1,091	1,908	2,002	2,187	1,962
	1,172	1,101	991.05	963.17	833.91	546.94
	78.21	111.88	138.43	130.90	119.66	104.86
	70.98	101.41	168.31	211.26	205.45	172.63
	18.99	58.69	101.50	94.81	78.51	67.49
	161.24	619.89	1,164	1,098	1,022	893.18
	19.67	169.57	152.80	227.51	142.01	53.56
	-5.70	811.79	0.00	0.00	443.42	0.00
	13.97	981.36	152.80	227.51	585.43	53.56
	31.80	216.60	72.17	79.62	129.11	47.26
	170.67	982.36	230.96	170.93	539.03	170.84
	40.53	218.70	39.17	23.73	116.95	30.01
Key metrics
	103.94	1,141	422.61	533.58	869.39	293.68
	6.73%	35.70%	9.50%	11.60%	19.10%	8.20%
	11.05%	30.70%	5.20%	3.70%	11.80%	4.80%
	—	46.00%	8.00%	—	—	—
	-68.39%	-27.90%	-3.50%	0.90%	26.80%	—
	-84.14%	325.30%	35.10%	-68.30%	215.50%	—
	—	43.62	406.55	—	—	—
	—	0.21	2.21	—	—	—
	—	0.31	0.28	—	—	—
	—	608.79	544.06	—	—	—
	—	14.3	8.2	—	—	—
Balance sheet
	—	3,251	5,026	—	—	—
	—	467.01	518.49	—	—	—
	—	32.85	173.23	—	—	—
	—	90.24	86.16	—	—	—
	—	267.61	172.31	—	—	—
	—	45.73	34.02	—	—	—
	—	134.05	753.11	—	—	—
	—	232.73	159.01	—	—	—
	—	896.19	1,028	—	—	—
	—	641.64	717.29	—	—	—
	—	460.91	509.48	—	—	—
	—	180.73	207.81	—	—	—
	—	2,090	2,517	—	—	—
Cash flow
	—	203.28	511.48	—	—	—
	—	-69.23	-121.54	—	—	—
	—	-335.21	-493.75	—	—	—
	—	159.66	104.93	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	0.00	0.00	0.00	0.00	0.00	0.94	2.01	4.91	14.39	26.49	17.49	10.17
	10.55	0.11	7.14	0.25	10.02	0.29	4.86	0.26	22.00	4.77	113.20	3.44
	10.55	0.11	7.14	0.25	10.02	1.23	6.87	5.17	36.39	31.26	130.69	13.61
	16.63	16.55	19.68	16.57	16.84	19.78	28.41	31.84	41.15	50.06	46.98	40.73
	0.00	0.00	0.00	0.00	0.00	6.19	0.04	1.61	2.77	22.40	0.60	6.64
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	0.93	0.72	0.75	0.49	0.58	0.78	2.56	0.80	1.06	0.73	0.38	0.80
	14.49	14.16	13.76	14.16	14.45	15.19	19.31	22.33	22.26	22.00	25.63	24.19
	0.04	0.04	0.04	0.04	0.04	0.77	0.82	0.78	0.78	0.78	0.80	0.81
	1.17	1.63	5.13	1.88	1.77	2.55	4.97	4.16	6.29	8.92	5.16	7.08
	-6.08	-16.44	-12.54	-16.32	-6.82	-18.55	-21.54	-26.67	-4.76	-18.80	83.71	-27.12
	0.00	0.00	0.08	-0.13	1,169	0.00	0.00	—	—	—	—	—
	-6.08	-16.44	-12.46	-16.45	1,162	-18.55	-21.54	-26.67	-4.76	-18.80	83.71	-27.12
	0.00	0.00	2.14	-8.71	165.83	0.00	1.31	—	—	—	—	—
	-6.08	-16.44	-14.60	-7.74	995.68	-18.55	-22.85	-26.67	-4.76	-18.80	83.71	-27.12
	-1.45	-3.91	-3.47	-1.84	236.88	-4.41	-5.43	-6.34	-1.13	-4.47	19.90	-6.45
Key metrics
	8.45	-2.24	1.34	-2.25	1,177	-2.59	-1.41	-3.56	18.28	3.98	110.14	-2.12
	—	—	—	—	—	-275.50%	-70.10%	-72.50%	127.00%	15.00%	629.70%	-20.80%
	—	—	—	—	—	-1,973.40%	-1,136.80%	-543.20%	-33.10%	-71.00%	478.60%	-266.70%
	0.60%	—	0.20%	—	88.20%	—	-0.80%	—	—	—	—	—
	—	-100.00%	-100.00%	-100.00%	-100.00%	-96.50%	-88.50%	-51.70%	—	—	—	—
	-100.60%	11.40%	36.10%	71.00%	21,017.60%	1.30%	-127.30%	1.70%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	0.00	0.00	47.80	83.00	165.00	83.01
	18.05	17.65	31.89	149.53	72.61	49.61
	18.05	17.65	79.69	232.53	237.61	132.62
	69.43	69.85	151.48	211.13	294.37	210.38
	0.00	0.00	26.74	56.09	118.25	29.74
	0.00	0.00	0.00	—	15.89	42.76
	2.89	2.36	5.16	3.09	5.54	2.99
	56.57	57.56	85.90	101.30	100.35	116.23
	0.16	0.15	3.16	3.24	3.52	3.53
	9.81	9.78	24.35	34.94	64.25	19.89
	-51.38	-52.20	-71.79	21.40	-56.76	-77.76
	-0.05	1,169	0.00	—	443.42	—
	-51.43	1,117	-71.79	21.40	386.66	-77.76
	-6.57	159.26	1.31	—	77.59	1.16
	-44.86	954.78	-73.10	21.40	293.85	-83.45
	-10.67	227.64	-17.38	5.09	73.49	-18.76
Key metrics
	5.30	1,174	17.27	125.94	490.53	42.00
	29.36%	—	36.10%	151.70%	297.30%	50.60%
	-248.53%	—	-152.90%	25.80%	178.10%	-100.50%
	—	143.60%	5.20%	—	—	—
	-100.00%	-100.00%	-42.40%	-49.70%	98.80%	—
	-104.84%	1,406.10%	-441.60%	-92.70%	452.10%	—
	—	-368.95	239.56	—	—	—
	—	-0.39	-3.31	—	—	—
	—	0.83	4.18	—	—	—
	—	516.34	413.05	—	—	—
	—	—	-747.1	—	—	—
Balance sheet
	—	1,332	1,133	—	—	—
	—	13.67	185.06	—	—	—
	—	6.89	153.68	—	—	—
	—	0.00	6.95	—	—	—
	—	0.00	2.06	—	—	—
	—	2.67	8.29	—	—	—
	—	9.43	54.84	—	—	—
	—	12.24	106.85	—	—	—
	—	514.68	863.95	—	—	—
	—	523.23	566.73	—	—	—
	—	413.45	433.54	—	—	—
	—	109.78	133.19	—	—	—
	—	632.58	135.63	—	—	—
Cash flow
	—	-368.50	242.09	—	—	—
	—	321.37	35.00	—	—	—
	—	-99.66	-148.48	—	—	—
	—	0.45	2.53	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -57.96%
Sales CAGR 5Y: —
Profit CAGR 3Y: +48.11%
Profit CAGR 5Y: —
Sales YoY (TTM): -100.00%
Profit YoY (TTM): -104.84%

Consolidated

Sales CAGR 3Y: -11.09%
Sales CAGR 5Y: —
Profit CAGR 3Y: +22.15%
Profit CAGR 5Y: —
Sales YoY (TTM): -68.39%
Profit YoY (TTM): -84.14%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 65.21%

Quarter	September 2026	June 2026
Promoter %	65.21%	65.21%

Holder	Type	Holding	Previous	Change
Zuari Industries Limited (formerly Zuari Global Limited)	Promoter	20.00%	20.00%	0.00%
Globalware Trading And Holdings Limited	Promoter	17.81%	17.81%	0.00%
Zuari Management Services Limited	Promoter	12.08%	12.08%	0.00%
Texmaco Infrastructure & Holdings Limited	Promoter	7.13%	7.13%	0.00%
Adventz Finance Private Limited	Promoter Group	3.68%	3.68%	0.00%
New Eros Tradecom Limited	Promoter Group	2.85%	2.85%	0.00%
Sushil Kumar Jalani	Public	1.19%	1.19%	0.00%
Jyotsna Poddar	Promoter Group	0.41%	0.41%	0.00%
Saroj Kumar Poddar (as a Trustee of Saroj and Jyoti Poddar Holdings Private Trust)	Promoter Group	0.36%	0.36%	0.00%
Jeewan Jyoti Medical Society	Promoter Group	0.33%	0.33%	0.00%
Duke Commerce Limited	Promoter Group	0.26%	0.26%	0.00%
Adventz Securities Enterprises Limited	Promoter Group	0.23%	0.23%	0.00%
Saroj Kumar Poddar	Promoter Group	0.07%	0.07%	0.00%
Akshay Poddar	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Coromandel International Limited	54,144	1,835.00	30.45	21.10%	+23.50% TTM	-20.87% TTM	-15.31%
Fertilizers and Chemicals Travancore Limited	49,410	763.60	—	—	—	—	-14.87%
Chambal Fertilisers & Chemicals Ltd	15,790	394.10	8.26	20.70%	+6.33% TTM	+2.62% TTM	-18.09%
Paradeep Phosphates Limited	14,254	137.25	16.75	23.10%	+31.35% TTM	-7.13% TTM	-18.40%
Gujarat State Fertilizers & Chem.Ltd	5,613	140.85	9.86	6.60%	+37.49% TTM	-14.85% TTM	-26.47%
Rashtriya Chemicals & Fertilizers Limited	5,549	100.58	12.43	12.10%	+17.52% TTM	+56.09% TTM	-34.15%
National Fertilizers Ltd.	3,006	61.28	8.25	11.10%	+23.27% TTM	+137.75% TTM	-35.77%
Southern Petrochemical Industries Corporation Limited	1,202	59.05	—	19.90%	—	—	-34.95%
Madras Fertilizers Ltd	902	55.96	—	—	—	—	-31.40%
ZUARI AGRO CHEMICALS LIMITED	802	190.60	4.70	46.00%	-68.39% TTM	-84.14% TTM	-22.54%
Aries Agro Limited	616	473.85	13.03	19.90%	+18.40% TTM	+30.42% TTM	+26.71%
Khaitan Chemicals & Fertilizers Ltd S	450	46.39	8.31	32.80%	+19.87% TTM	+36.87% TTM	-54.90%
Rama Phosphates Ltd. S	390	110.50	7.27	18.20%	+18.87% TTM	+91.79% TTM	-43.52%
Nova Agritech Limited	197	21.30	15.35	9.50%	-8.06% TTM	-51.35% TTM	-54.51%
Bharat Agri Fert and Realty Ltd S	107	20.18	-16.02	1.90%	-15.46% TTM	-1,158.73% TTM	-35.26%
Basant Agro-Tech (India) Ltd. S	92	10.17	—	10.70%	—	—	-26.46%
NAGARJUNA FERTILIZERS AND CHEMICALS LTD.	80	1.34	-5.41	0.00%	-100.00% TTM	+57.13% TTM	-73.09%
Teesta Agro Industries Ltd S	62	110.10	7.20	9.60%	+23.38% TTM	+10.85% TTM	-13.44%
The Phosphate Company Limited S	49	137.00	11.80	9.50%	+13.24% TTM	-12.16% TTM	-6.77%
Shiva Global Agro Industries Limited	39	39.00	16.67	5.20%	-20.90% TTM	-65.94% TTM	-15.11%
M.P. Agro Industries Ltd. S	5	8.09	73.55	1.30%	-100.00% TTM	-14.29% TTM	-29.04%

Filings & corporate actions

Recent announcements

Please find attached Newspaper Advertisement for publication of unaudited financial results for the quarter and half year ended 30th September, 20263 Nov 2026 · Company Update / Newspaper Publication
Please find attached Board Meeting outcome2 Nov 2026 · Board Meeting / Outcome of Board Meeting
Please Find attached Board Meeting Outcome2 Nov 2026 · Result / Financial Results
Please find attached update on closure of Trading Window21 Oct 2026 · Insider Trading / SAST / Closure of Trading Window
Zuari Agro Chemicals Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/11/2026 ,inter alia, to consider and approve Please find attached notice ....21 Oct 2026 · Board Meeting / Board Meeting
Please find attached compliance certificate issued by Registrar and Share Transfer Agent for the quarter ended 30th September,20267 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please find attached disclosure under Reg 30 (SEBI) LODR , Regulations, 2015 wrt repayment of ICDs30 Sep 2026 · Company Update / General
Please find attached intimation with respect to closing of Trading Window for the quarter and half year ending 30th September 2026.28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Please find attached disclosure under Regulation 30 of SEBI(LODR) Regulations 2015 w.r.t repayment of ICDs18 Sep 2026 · Company Update / General
PFA Voting results and consolidated report of the scrutinizer wrt 17th AGM of the Company held on 16-09-2026.17 Sep 2026 · AGM/EGM / AGM
Please find the attached outcome/proceedings of 17th Annual General Meeting16 Sep 2026 · AGM/EGM / AGM
Please find the attached intimation of Adjudication order received from the Registrar of Companies, Goa as required under Reg 30 of SEBI, LODR 2015. The prescribed signed PDF intimation ....31 Aug 2026 · Company Update / Award of Order / Receipt of Order
Please find attached copy of the letter pursuant to Regulation 36(1) (b) of SEBI (LODR) Regulations, 201526 Aug 2026 · Company Update / General
Please find attached Newspaper intimation wrt 17th AGM Notice and Annual Report for the FY 2025-2625 Aug 2026 · Company Update / Newspaper Publication
Please find attached the Notice of 17th (Seventeenth) Annual General Meeting and Annual Report for the Financial Year 2025-2624 Aug 2026 · Others / Reg. 34 (1) Annual Report
Please find the attached Notice of 17th Annual General Meeting and Annual Report for the Financial Year 2025-2624 Aug 2026 · AGM/EGM / AGM
Please find the attached final order received13 Aug 2026 · Company Update / Award of Order / Receipt of Order
Please find the attached Newspaper Publication for the intimation to the shareholders regarding convening of the seventeenth Annual General Meeting of the Company7 Aug 2026 · Company Update / Newspaper Publication
Please find the attached Newspaper Advertisement for publication of unaudited financial results for the quarter ended 30th June 20261 Aug 2026 · Company Update / Newspaper Publication
Please find the attached Outcome of the Board Meeting under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201531 Jul 2026 · Board Meeting / Outcome of Board Meeting
Please find the attached Standalone and Consolidated Financial Results of the Company for the quarter ended 30th June 202631 Jul 2026 · Result / Financial Results
Intimation of interim orders received from Regional Director, Western Region-I, Ministry of Corporate Affairs, Mumbai30 Jul 2026 · Company Update / Award of Order / Receipt of Order
PFA Complete scrutinzers report in respect of postal ballot filed on 24th July, 202627 Jul 2026 · AGM/EGM / Postal Ballot
Please find the attached outcome of Postal Ballot Results24 Jul 2026 · AGM/EGM / Postal Ballot
Please find the attached Postal Ballot Results and Scrutinizer Report24 Jul 2026 · AGM/EGM / Postal Ballot
Please find the attached update on closure of trading window20 Jul 2026 · Insider Trading / SAST / Closure of Trading Window
Zuari Agro Chemicals Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/07/2026 ,inter alia, to consider and approve Please find the attached ....20 Jul 2026 · Board Meeting / Board Meeting
Please find attached the KYC intimation sent to the Physical Shareholders.15 Jul 2026 · Company Update / General
Please find the attached Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 20187 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation with respect to closure of trading window26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Please find the attached Newspaper Publication for Postal Ballot Notice24 Jun 2026 · Company Update / Newspaper Publication
Please find attached the Postal Ballot Notice23 Jun 2026 · AGM/EGM / Postal Ballot
Disclosure under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015 for appointment of Additional Director17 Jun 2026 · Company Update / Change in Management
PFA Disclosure under Reg 30 of SEBI(LODR) - Resignation of Mr. Athar Shahab, Non-Executive Director of the Company3 Jun 2026 · Company Update / Cessation
PFA Secretarial Compliance Report for the year ended 31-03-202628 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Please find the attached Intimation of Final order received from Regional Director, Western Region-I, Ministry of Corporate Affairs, Mumbai22 May 2026 · Company Update / Award of Order / Receipt of Order
Please find the attached Newspaper Advertisement for publication of Audited Financial Results for the quarter and year ended 31st March 202616 May 2026 · Company Update / Newspaper Publication
PFA BOARD MEETING OUTCOME15 May 2026 · Company Update / Change in Management
PFA OUTCOME OF BOARD MEETING15 May 2026 · Board Meeting / Outcome of Board Meeting
PFA board meeting outcome15 May 2026 · Result / Financial Results

Board meetings

2 Nov 2026 Board Meeting - Financial Results
31 Jul 2026 Board Meeting - Financial Results