Zuari Industries Ltd (ZUARIIND) — shareholding pattern, promoter holding, financials and share price
About Zuari Industries Ltd (ZUARIIND)
Zuari Industries Ltd operates in the Sugar industry, within the Fast Moving Consumer Goods sector. It trades on the NSE as ZUARIIND and on the BSE under scrip code 500780. Its ISIN is INE217A01012.
Incorporated in 1967, Zuari Industries Ltd is in the business of real estate, investment services, engineering services, management services, manufacturing and trading of furniture, manufacturing and sale of sugar and its by products, ethanol and generation of power. [1]
Zuari Industries is a diversified agri‑inputs and infrastructure group focused on sugar, ethanol, bagasse-based power, asset‑light real estate development (DM), engineering services and strategic investments, operating via subsidiaries and JVs including Zuari Envien Bioenergy, Zuari Infraworld and Simon India.
Q3 FY26 operational highlights show record seasonality performance with highest-ever Q3 cane crush (67.3 LQ) and recurring improvements in capacity utilization, plus ethanol sales surged 17.7% year-on-year, driven by the newly commissioned ZEBPL ethanol plant (operational 1 Jan 2026).
Listed peers in Sugar: Avadh Sugar & Energy Ltd, Dhampur Sugar Mills Ltd, Uttam Sugar Mills Ltd, Dwarikesh Sugar Industries Ltd, Dhampur Bio Organics Ltd, Magadh Sugar & Energy Ltd.
Valuation & Returns
10 Jul 2026At ₹269.8 a share on 10 Jul 2026, Zuari Industries Ltd (ZUARIIND) was valued at a price-to-earnings ratio of 7.6x against an industry P/E of 33.81x and a price-to-book of 0.16x on a book value of ₹1,694.9 per share as of Mar 2025. Solomo computes return on equity of 2.1% and return on capital employed of 4.83% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 7.6x
- Industry P/E
- 33.81x
- P/B
- 0.16x
- EPS (TTM)
- ₹35.52
- Book value / share
- ₹1,694.9
- ROE
- 2.1%
- ROCE
- 4.83%
- ROA
- 1.18%
- Debt / equity
- 0.5x
- Dividend yield
- 0.37%
- EBITDA margin
- 37.81%
- 52-week range
- ₹210.3 – ₹416
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Zuari Industries Ltd (ZUARIIND) reported revenue of ₹1,045 crore, net profit of ₹106 crore and earnings per share of ₹36.25. That compares with revenue of ₹970 crore and net profit of ₹-94 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹284 crore and net profit ₹-32 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 722 | 955 | 838 | 970 | 1,045 |
| Net profit (₹ cr) | -35 | 309 | 713 | -94 | 106 |
| EPS (₹) | -12.19 | 104.3 | 239.72 | -31.3 | 36.25 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | - | 72.40% | 12.57% | 15.82% |
| Profit growth | - | - | - | -113.24% |
| Stock price CAGR | 10% | 11% | 20% | -2% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 56.71% of Zuari Industries Ltd (ZUARIIND) (unchanged from the previous quarter), foreign institutional investors (FII) hold 1.1% and domestic institutional investors (DII) hold 1.21%. Market capitalisation was ₹804 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: GAURAV N LODHA 2.6%, JM FINANCIAL MUTUAL FUND 1.15%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 56.71% | - | 1.1% | 1.21% | 43.29% |
| Mar 2026 | 56.71% | - | 1.15% | 1.22% | 43.29% |
| Dec 2025 | 56.71% | - | 1.11% | 1.14% | 43.29% |
| Sep 2025 | 56.71% | - | 2.46% | 1% | 43.29% |
| Jun 2025 | 56.71% | - | 1.33% | 1% | 43.29% |
| Mar 2025 | 56.71% | - | 1.3% | 0.66% | 43.29% |
| Dec 2024 | 56.71% | - | 1.4% | 0.85% | 43.29% |
| Sep 2024 | 56.71% | - | 1.46% | 0.87% | 43.29% |