Zuari Industries Limited

BSE: ZUARIIND500780ISIN INE217A01012

Fast Moving Consumer Goods
Sugar
BSE Fast Moving Consumer Goods

Share price

₹239.95-0.20 (-0.08%)

as of 4 Nov 2026

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

52W high: ₹367.40
52W low: ₹210.30
Off 52W high: -34.69%
1M return: -15.75%
3M return: -7.84%
6M return: -13.50%
1Y return: -25.52%
20D avg volume: 3,786
50 DMA: ₹266.49
200 DMA: ₹260.55

Key ratios Consolidated

Market cap: ₹714.60 Cr
Current price: ₹239.95
52W high / low: ₹367.40 / ₹210.30
Face value: ₹10.00
P/E: 6.72
P/B: 0.20
EPS (TTM): ₹35.70
Book value / share: ₹1,215.91
ROE: —
ROCE: 2.80%
Operating margin: —
Net margin: —
Debt / equity: 0.72
Net debt: ₹2,536 Cr
Interest cover: 0.58
Dividend yield: 0.42%
Dividend / share (TTM): ₹1.00
Payout: 2.80%
Cash conversion cycle: 229.8 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	311.93	283.56	262.63	241.18	257.46	272.26	235.06	237.29	225.71	262.41	115.75	268.65
	15.59	15.98	38.86	45.26	10.19	16.94	39.01	39.88	16.32	21.45	79.47	46.48
	327.52	299.54	301.49	286.43	267.65	289.21	274.07	277.17	242.03	283.86	195.22	315.13
	367.27	310.86	334.25	299.17	302.66	311.51	312.75	311.18	276.68	216.04	211.48	362.75
	16.83	382.49	278.85	6.53	18.84	347.45	234.51	17.90	60.44	344.96	138.75	0.15
	2.31	1.01	0.42	0.07	1.90	2.01	0.98	0.14	1.64	0.96	1.46	0.56
	33.84	35.79	35.23	31.55	30.18	31.12	31.36	26.17	25.05	25.89	26.33	23.43
	61.54	61.99	56.19	61.47	63.00	59.02	63.35	70.80	68.87	67.61	71.92	73.81
	7.98	7.66	7.71	7.34	7.44	7.83	7.22	7.04	6.81	6.86	6.94	6.92
	35.13	60.16	53.59	44.26	34.19	58.41	30.04	20.56	17.46	67.07	34.11	21.86
	-39.75	-11.32	-32.76	-12.73	-35.01	-22.31	-38.68	-34.01	-34.66	67.81	-16.26	-47.62
	4.81	3.81	-6.12	-6.98	0.00	0.00	0.00	-19.74	0.00	-22.18	813.28	0.00
	-34.94	-7.52	-38.88	-19.71	-35.01	-22.31	-38.68	-53.75	-34.66	45.63	797.01	-47.62
	0.62	11.97	1.67	2.75	0.07	6.09	1.58	0.17	0.69	2.04	74.06	0.67
	0.05	-31.61	-26.43	164.29	-0.48	-20.75	-25.24	-14.78	-33.61	63.38	727.98	-33.12
	0.20	-10.41	-8.69	55.34	0.02	-6.96	-8.31	-4.84	-11.20	21.35	244.51	-11.00
Key metrics
	34.58	62.13	25.02	49.10	35.43	44.54	31.89	24.09	41.02	120.10	875.87	33.11
	11.10%	21.90%	9.50%	20.40%	13.80%	16.40%	13.60%	10.20%	18.20%	45.80%	756.70%	12.30%
	0.00%	-11.10%	-10.10%	68.10%	-0.20%	-7.60%	-10.70%	-6.20%	-14.90%	24.20%	628.90%	-12.30%
	—	1.10%	—	0.70%	—	0.50%	—	—	—	—	—	—
	21.20%	4.20%	11.70%	1.60%	14.10%	3.80%	103.10%	-11.70%	—	—	—	—
	110.40%	-52.30%	-4.70%	1,211.60%	98.60%	-132.70%	-103.50%	55.40%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	1,099	1,045	970.33	837.80	955.13	721.83
	115.69	110.29	112.15	229.39	182.31	225.41
	1,215	1,155	1,082	1,067	1,137	947.24
	1,312	1,247	1,212	1,095	1,203	996.65
	684.70	686.70	660.30	563.27	489.82	471.92
	3.81	3.40	4.77	6.51	3.96	1.60
	136.41	132.75	113.71	97.59	89.69	73.19
	241.19	242.65	262.04	281.94	248.44	264.29
	30.69	30.14	28.90	27.36	27.42	22.71
	193.14	192.20	148.94	155.99	89.40	100.87
	-96.56	-91.82	-129.66	-28.07	-65.74	-49.41
	-4.48	-9.29	-19.74	784.71	0.00	0.00
	-101.05	-101.11	-149.40	756.64	-65.74	-49.41
	17.01	16.46	6.80	71.25	8.62	9.78
	106.30	105.78	-94.37	712.75	305.13	-34.77
	36.44	36.25	-31.30	239.72	102.84	-11.95
Key metrics
	170.83	171.68	141.54	1,066	210.12	237.59
	15.54%	16.40%	14.60%	127.20%	22.00%	32.90%
	9.67%	10.10%	-9.70%	85.10%	31.90%	-4.80%
	—	2.80%	1.60%	—	—	—
	9.70%	7.70%	15.80%	-12.30%	32.30%	—
	—	212.10%	-113.20%	133.60%	977.60%	—
	—	118.02	-16.02	—	—	—
	—	1.36	0.01	—	—	—
	—	0.72	0.50	—	—	—
	—	2,536	2,435	—	—	—
	—	229.8	231.7	—	—	—
Balance sheet
	—	7,164	8,927	—	—	—
	—	1,387	1,593	—	—	—
	—	61.87	73.73	—	—	—
	—	66.33	64.71	—	—	—
	—	772.05	730.18	—	—	—
	—	27.05	34.18	—	—	—
	—	460.13	469.88	—	—	—
	—	180.59	178.85	—	—	—
	—	2,103	1,827	—	—	—
	—	2,598	2,509	—	—	—
	—	1,400	917.97	—	—	—
	—	1,198	1,591	—	—	—
	—	3,604	5,032	—	—	—
Cash flow
	—	143.76	-1.29	—	—	—
	—	19.59	182.77	—	—	—
	—	-175.21	-163.27	—	—	—
	—	25.74	14.73	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	266.52	248.15	211.36	204.51	210.27	243.93	204.83	207.38	214.52	234.63	100.33	213.78
	17.38	19.19	43.36	43.59	14.48	14.66	44.59	33.53	16.49	18.36	56.63	41.10
	283.90	267.34	254.72	248.10	224.75	258.60	249.42	240.91	231.01	252.99	156.96	254.88
	288.35	237.27	250.22	229.47	223.84	230.95	246.78	240.52	229.87	220.57	143.38	258.78
	16.83	382.49	278.85	6.53	18.83	346.41	234.55	17.90	60.44	344.96	138.75	0.15
	2.08	0.69	0.13	-0.05	1.22	0.98	0.22	0.10	1.48	1.08	0.04	—
	13.81	17.76	15.53	13.11	12.60	15.96	15.50	11.42	11.86	14.20	12.47	9.98
	29.03	29.30	25.31	27.55	29.66	30.86	28.86	30.56	32.94	28.81	33.31	35.62
	6.73	6.39	6.49	6.35	6.31	6.04	6.19	6.11	5.92	5.99	6.05	6.05
	14.36	30.39	24.78	21.84	14.47	26.85	24.64	16.01	13.27	73.74	17.91	15.19
	-4.45	30.06	4.49	18.63	0.90	27.65	2.64	0.40	1.14	32.41	13.58	-3.90
	-4.93	-3.65	-9.08	-12.52	-4.49	-11.58	-6.38	-24.06	-16.01	-9.24	-44.63	—
	-9.38	26.42	-4.58	6.11	-3.58	16.07	-3.73	-23.67	-14.87	23.17	-31.05	-3.90
	0.10	8.51	0.42	2.98	0.31	6.99	3.62	0.19	0.37	7.13	0.05	0.88
	-9.48	17.91	-5.01	3.13	-3.89	9.08	-7.36	-23.86	-15.24	16.04	-31.10	-3.02
	-3.18	6.01	-1.68	1.05	-1.30	3.05	-2.47	-8.01	-5.12	5.39	-10.44	-1.01
Key metrics
	26.38	62.11	27.22	40.01	32.39	52.97	31.32	13.00	23.99	57.97	8.31	37.77
	9.90%	25.00%	12.90%	19.60%	15.40%	21.70%	15.30%	6.30%	11.20%	24.70%	8.30%	17.70%
	-3.60%	7.20%	-2.40%	1.50%	-1.90%	3.70%	-3.60%	-11.50%	-7.10%	6.80%	-31.00%	-1.40%
	—	1.50%	—	0.80%	—	0.90%	—	—	—	—	—	—
	26.80%	1.70%	3.20%	-1.40%	-2.00%	4.00%	104.20%	-3.00%	—	—	—	—
	-143.70%	97.20%	31.90%	113.10%	74.50%	-43.40%	76.30%	-690.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	930.54	874.28	870.66	714.65	811.96	610.42
	123.52	120.62	109.28	186.21	149.17	216.56
	1,054	994.90	979.94	900.85	961.13	826.99
	1,005	940.80	948.12	824.24	930.42	814.41
	684.70	686.70	659.31	563.27	489.81	471.51
	2.85	1.99	2.78	4.90	3.39	1.59
	60.21	59.00	54.75	48.22	42.36	36.62
	111.19	111.81	123.22	134.82	157.82	195.96
	25.96	25.55	24.26	23.95	23.87	23.66
	91.37	91.47	80.77	123.56	70.93	77.38
	48.73	54.09	31.82	76.62	30.71	12.57
	-30.18	-29.73	-58.03	-53.88	-5.92	-5.36
	18.57	24.36	-26.20	22.74	24.79	7.21
	12.01	12.22	11.16	0.09	6.42	8.08
	6.55	12.14	-37.37	22.66	18.37	15.30
	2.20	4.08	-12.55	7.61	6.17	5.10
Key metrics
	155.72	161.72	121.28	181.51	206.48	226.83
	16.73%	18.50%	13.90%	25.40%	25.40%	37.20%
	0.70%	1.40%	-4.30%	3.20%	2.30%	2.50%
	—	3.70%	1.90%	—	—	—
	7.40%	0.40%	21.80%	-12.00%	33.00%	—
	—	132.50%	-264.90%	23.40%	20.10%	—
	—	45.76	-6.42	—	—	—
	—	5.48	-0.16	—	—	—
	—	0.37	0.28	—	—	—
	—	1,148	1,153	—	—	—
	—	210.5	199.8	—	—	—
Balance sheet
	—	4,702	5,857	—	—	—
	—	728.77	677.24	—	—	—
	—	12.76	0.79	—	—	—
	—	41.01	48.28	—	—	—
	—	612.98	576.20	—	—	—
	—	9.33	15.39	—	—	—
	—	453.04	457.14	—	—	—
	—	149.63	148.01	—	—	—
	—	1,059	644.70	—	—	—
	—	1,160	1,154	—	—	—
	—	858.04	453.18	—	—	—
	—	302.29	700.46	—	—	—
	—	3,102	4,115	—	—	—
Cash flow
	—	66.52	6.07	—	—	—
	—	54.86	20.38	—	—	—
	—	-109.41	-32.05	—	—	—
	—	20.76	12.49	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +2.50%
Sales CAGR 5Y: —
Profit CAGR 3Y: -12.90%
Profit CAGR 5Y: —
Sales YoY (TTM): +7.40%
Profit YoY (TTM): +125.16%

Consolidated

Sales CAGR 3Y: +3.04%
Sales CAGR 5Y: —
Profit CAGR 3Y: -29.75%
Profit CAGR 5Y: —
Sales YoY (TTM): +9.70%
Profit YoY (TTM): +273.55%

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: 56.70%

Quarter	September 2026	June 2026
Promoter %	56.70%	56.70%

Holder	Type	Holding	Previous	Change
Globalware Trading And Holdings Limited	Promoter Group	25.16%	25.16%	0.00%
Adventz Finance Private Limited	Promoter Group	9.86%	9.86%	0.00%
Texmaco Infrastructure & Holdings Limited	Promoter Group	9.26%	9.26%	0.00%
Saroj Kumar Poddar (as a Trustee of Saroj & Jyoti Poddar Holdings Private Trust)	Promoter	4.03%	4.03%	0.00%
New Eros Tradecom Limited	Promoter Group	4.02%	4.02%	0.00%
GAURAV N LODHA	Public	2.48%	2.60%	-0.12%
Jyotsna Poddar	Promoter	1.25%	1.25%	0.00%
JM FINANCIAL MUTUAL FUND	Public	1.11%	1.15%	-0.04%
Saroj Kumar Poddar (in individual capacity)	Promoter	1.08%	1.08%	0.00%
NARESHMAL CHANDMAL LODHA	Public	1.07%	—	—
Duke Commerce Limited	Promoter Group	1.01%	1.01%	0.00%
Jeewan Jyoti Medical Society	Promoter Group	0.47%	0.47%	0.00%
Adventz Securities Enterprises Limited	Promoter Group	0.33%	0.33%	0.00%
Akshay Poddar	Promoter	0.07%	0.07%	0.00%
Saroj & Company	Promoter	0.04%	0.04%	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
BALRAMPUR CHINI MILLS LTD	14,260	673.80	38.43	11.10%	+14.99% TTM	-11.31% TTM	+49.75%
Triveni Engineering & Industries Ltd	5,420	245.95	15.82	11.90%	+2.09% TTM	+35.30% TTM	-31.33%
Bajaj Hindusthan Sugar Limited	4,497	18.81	38.95	1.90%	-1.93% TTM	+187.63% TTM	-14.31%
Bannari Amman Sugars Ltd. S	4,326	3,450.05	35.53	8.80%	-7.59% TTM	+7.28% TTM	-3.69%
Shree Renuka Sugars Ltd.	3,940	18.51	-6.51	-16.90%	-9.05% TTM	+18.64% TTM	-36.70%
Dalmia Bharat Sugar and Industries Ltd S	3,917	483.95	15.40	9.80%	-5.07% TTM	-24.81% TTM	+40.95%
AVADH SUGAR & ENERGY LIMITED S	1,793	895.60	27.18	10.30%	+4.23% TTM	-6.90% TTM	+110.36%
Uttam Sugar Mills Ltd	1,403	367.90	15.43	17.60%	-5.00% TTM	-17.08% TTM	+50.22%
Dhampur Sugar Mills Ltd.	1,096	170.50	15.55	9.20%	+4.94% TTM	+36.33% TTM	+26.30%
Dhampur Bio Organics Limited	874	131.60	10.40	7.90%	+15.13% TTM	+1,230.15% TTM	+65.83%
Dwarikesh Sugar Industries Ltd. S	808	43.58	23.81	5.90%	-4.05% TTM	+125.76% TTM	+3.29%
Magadh Sugar & Energy Limited S	806	572.10	15.79	10.70%	-5.70% TTM	-48.02% TTM	+5.17%
Zuari Industries Limited	715	239.95	6.72	2.80%	+9.70% TTM	+273.55% TTM	-25.52%
Mawana Sugars Ltd	625	159.80	22.70	13.40%	+8.61% TTM	-72.58% TTM	+83.61%
DCM Shriram Industries Ltd.	532	61.20	—	17.10%	-3.72% TTM	-50.02% TTM	—
Ugar Sugar Works Ltd.	476	42.35	—	—	+24.78% TTM	+17.47% TTM	+0.02%
K. M. Sugar Mills Ltd.	305	33.11	6.33	20.60%	-8.26% TTM	+15.48% TTM	+19.79%
Ponni Sugars (Erode) Ltd. S	293	340.95	5.18	14.80%	+28.11% TTM	+200.80% TTM	+13.57%
K C P SUGAR AND INDUSTRIES CORPORATION LTD.	288	25.36	7.52	4.40%	-0.91% TTM	+285.71% TTM	-17.26%
SBEC Sugar Ltd.	285	59.85	5.30	24.30%	-13.40% TTM	+266.59% TTM	+91.28%
Sakthi Sugars Ltd. S	201	16.93	7.33	15.50%	+16.25% TTM	+30.65% TTM	-17.01%
Rana Sugars Ltd. S	186	12.11	0.73	8.90%	+215.30% TTM	+596.29% TTM	-16.37%
Oswal Overseas Ltd S	149	115.15	-17.29	-61.40%	-92.67% TTM	+30.87% TTM	+38.50%
Dollex Agrotech Limited	143	35.85	—	—	—	—	—
Dhampure Speciality Sugars Ltd.	135	154.85	20.42	17.40%	+43.59% TTM	+60.14% TTM	+68.83%

Filings & corporate actions

Recent announcements

Zuari Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/11/2026 ,inter alia, to consider and approve the Unaudited Financial Results ....4 Nov 2026 · Board Meeting / Board Meeting
Please refer the attached file.30 Oct 2026 · Company Update / Newspaper Publication
Please refer the enclosed file.9 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please refer the attached file.25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Please refer attached file23 Sep 2026 · Company Update / Acquisition
Please find enclosed the voting results along with Scrutinizer''s Report for the 58th Annual General Meeting of the Company.23 Sep 2026 · AGM/EGM / AGM
Please find enclosed the summary of proceedings of 58th Annual General Meeting of Zuari Industries Limited.21 Sep 2026 · AGM/EGM / AGM
Please refer the attached file.2 Sep 2026 · Company Update / Newspaper Publication
Please refer the attached file.25 Aug 2026 · Company Update / General
Please find enclosed copies of Newspaper Publication related to completion of dispatch of Notice of 58th Annual General Meeting of Zuari Industries Limited.25 Aug 2026 · Company Update / Newspaper Publication
Please find enclosed Annual Report for Financial Year 2025-26 of Zuari Industries Limited.24 Aug 2026 · Others / Reg. 34 (1) Annual Report
Please find enclosed Notice of 58th Annual General Meeting of Zuari Industries Limited.24 Aug 2026 · AGM/EGM / AGM
Please find enclosed copies of newspaper publications related to 58th Annual General Meeting, Record date and other related information.22 Aug 2026 · Company Update / Newspaper Publication
Please refer attached file.21 Aug 2026 · Company Update / Earnings Call Transcript
Please refer attached file.20 Aug 2026 · Corp. Action / Record Date
Intimation of date of 58th Annual General Meeting of Zuari Industries Limited20 Aug 2026 · AGM/EGM / AGM
Please refer the attached file.17 Aug 2026 · Company Update / Analyst / Investor Meet
Please refer the attached file.14 Aug 2026 · Company Update / Investor Presentation
Please refer the attached file.14 Aug 2026 · Company Update / Newspaper Publication
Please find attached revised intimation in respect of Credit Rating.13 Aug 2026 · Company Update / Credit Rating
please find attached revised Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information.13 Aug 2026 · Company Update / General
please refer attached file.13 Aug 2026 · Company Update / Press Release / Media Release
Please refer attached file.13 Aug 2026 · Company Update / Credit Rating
Please refer attached file.13 Aug 2026 · Company Update / Change in Management
Please refer attached file.13 Aug 2026 · Company Update / Acquisition
Please refer attached file.13 Aug 2026 · Result / Financial Results
Please refer attached file.13 Aug 2026 · Board Meeting / Outcome of Board Meeting
Please refer the attached file.4 Aug 2026 · Company Update / Analyst / Investor Meet
Zuari Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2026 ,inter alia, to consider and approve the Unaudited Financial Results ....3 Aug 2026 · Board Meeting / Board Meeting
Please refer the attached file.13 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please refer the attached file2 Jul 2026 · Company Update / Newspaper Publication
Please refer the attached file30 Jun 2026 · AGM/EGM / Postal Ballot
Please refer the attached file30 Jun 2026 · AGM/EGM / Postal Ballot
Please refer the attached file29 Jun 2026 · Company Update / General
Please refer the attached file.25 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Please refer the attached file.1 Jun 2026 · Company Update / Earnings Call Transcript
Please refer the attached file30 May 2026 · Company Update / Newspaper Publication
Please find enclosed Notice of Postal Ballot dated 29 May 2026.29 May 2026 · AGM/EGM / Postal Ballot
Please find attached.29 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Please find enclosed the link of Audio recording of the Earnings Conference Call held on today, i.e., 26 May 2026.26 May 2026 · Company Update / Analyst / Investor Meet

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 1.0000	11 Sep 2026	14 Sep 2026	—
Final Dividend - Rs. - 1.0000	17 Sep 2025	17 Sep 2025	—
Final Dividend - Rs. - 1.0000	20 Sep 2024	20 Sep 2024	—

Board meetings

13 Aug 2026 Board Meeting - Financial Results