Zeal Aqua Ltd
Zeal Aqua Ltd (ZEAL) last reported results for the quarter ended Jun 2026, with sales of ₹151 crore and net profit of ₹2.15 crore. The next scheduled event is a corporate event on 22 Sept 2027. The stock last traded at ₹10.4, a market capitalisation of ₹131 crore, on a P/E of 8.89. Over the past 52 weeks the stock has ranged between ₹9.14 and ₹17.8. Figures are as of 6 Oct 2026 and are not real time.
Zeal Aqua Ltd share price and key metrics
- Current price
- ₹10.4
- Market cap
- ₹131 cr
- Stock P/E
- 8.89
- Book value
- ₹8.19
- ROE
- 14.7%
- ROCE
- 14.9%
- Dividend yield
- 0.00%
- 52w high / low
- 17.8/9.14
Metrics as of 6 Oct 2026. Not real time.
Track Zeal Aqua Ltd
Cruxal reads every Zeal Aqua Ltd filing as it lands, scores what it means for the stock, and emails you the ones that matter. Free to start.
Zeal Aqua Ltd growth and returns
- 10 Years
- 19%
- 5 Years
- 18%
- 3 Years
- 23%
- TTM
- 27%
- 10 Years
- 22%
- 5 Years
- 27%
- 3 Years
- 26%
- TTM
- -6%
- 10 Years
- 6%
- 5 Years
- 5%
- 3 Years
- 10%
- 1 Year
- 7%
- 10 Years
- 11%
- 5 Years
- 12%
- 3 Years
- 13%
- Last Year
- 15%
Zeal Aqua Ltd quarterly results
In the quarter ended Jun 2026, sales were ₹151 cr, up 21.8% from ₹124 cr a year earlier. Net profit was ₹2.15 cr, up 39.6% year on year.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 152 | 169 | 103 | 124 | 185 | 222 | 137 | 151 |
| Expenses | 146 | 157 | 92.13 | 117 | 174 | 213 | 135 | 144 |
| Operating profit | 5.67 | 11.85 | 10.45 | 6.58 | 10.38 | 9.13 | 1.57 | 6.83 |
| OPM % | 3.73% | 7.00% | 10.19% | 5.31% | 5.62% | 4.11% | 1.15% | 4.53% |
| Other income | 2.3 | 3.76 | 1.77 | 1.75 | 1.44 | 7.83 | 7.44 | 3.21 |
| Interest | 4.92 | 7.8 | 5.34 | 4.68 | 6.02 | 5.53 | 5.11 | 5.44 |
| Depreciation | 0.69 | 1.45 | 1.46 | 1.27 | 1.3 | 1.28 | 1.32 | 1.54 |
| Profit before tax | 2.36 | 6.36 | 5.42 | 2.38 | 4.5 | 10.15 | 2.58 | 3.06 |
| Tax % | 0.00% | 0.00% | 0.00% | 35.71% | 33.33% | 25.71% | 21.32% | 29.74% |
| Net profit | 2.35 | 6.36 | 5.42 | 1.54 | 3 | 7.53 | 2.04 | 2.15 |
| EPS (₹) | 0.19 | 0.50 | 0.43 | 0.12 | 0.24 | 0.60 | 0.16 | 0.17 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Zeal Aqua Ltd annual results
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 175 | 178 | 232 | 239 | 296 | 342 | 362 | 398 | 511 | 668 | 695 |
| Operating profit | 9 | 21 | 22 | 14 | 19 | 16 | 19 | 21 | 33 | 28 | 28 |
| OPM % | 5% | 12% | 9% | 6% | 7% | 4.5% | 5% | 5% | 6% | 4.2% | 4.0% |
| Net profit | 2 | 4 | 8 | 5 | 4 | 6 | 7 | 8 | 10 | 14 | 15 |
| EPS (₹) | 0.14 | 0.33 | 0.59 | 0.42 | 0.34 | 0.46 | 0.56 | 0.66 | 0.80 | 1.12 | 1.17 |
TTM is the trailing twelve months to the most recent quarter.
Zeal Aqua Ltd balance sheet
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 4 | 4 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 33 | 37 | 36 | 41 | 45 | 51 | 58 | 66 | 77 | 91 |
| Borrowings | 49 | 85 | 83 | 88 | 119 | 127 | 131 | 157 | 172 | 186 |
| Other liabilities | 12 | 17 | 46 | 69 | 88 | 34 | 68 | 59 | 70 | 51 |
| Total liabilities | 98 | 143 | 178 | 211 | 266 | 225 | 270 | 295 | 331 | 341 |
| Fixed assets | 13 | 53 | 46 | 40 | 40 | 37 | 34 | 36 | 38 | 38 |
| CWIP | 38 | 0 | 3 | 5 | 0 | 0 | 0 | 4 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 47 | 89 | 129 | 165 | 226 | 187 | 235 | 255 | 293 | 302 |
| Total assets | 98 | 143 | 178 | 211 | 266 | 225 | 270 | 295 | 331 | 341 |
As reported by the company. Total assets equal total liabilities by construction.
Zeal Aqua Ltd cash flow
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 7 | -17 | 14 | 16 | 7 | -5 | 24 | 25 | 25 | 35 |
| Cash from investing | -29 | -11 | -4 | -2 | -0 | -2 | -2 | -10 | -10 | -3 |
| Cash from financing | 23 | 29 | -12 | -13 | -7 | 2 | -22 | -11 | -11 | -36 |
| Net cash flow | 1 | 2 | -2 | 1 | 0 | -4 | -0 | 4 | 4 | -4 |
| Free cash flow | -22 | -28 | 10 | 13 | 6 | -7 | 22 | 14 | 14 | 31 |
| CFO / operating profit | 83% | -75% | 77% | 131% | 37% | -24% | 134% | 126% | 81% | 143% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Zeal Aqua Ltd operating ratios
| Per year | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 10% | 14% | 15% | 13% | 11% | 10% | 11% | 11% | 15% | 15% |
| Debtor days | 67 | 83 | 91 | 96 | 112 | 53 | 66 | 77 | 73 | 56 |
| Inventory days | 5 | 94 | 852 | — | 178 | 152 | 180 | 158 | 136 | 104 |
| Days payable | 23 | 32 | 615 | — | 129 | 42 | 75 | 61 | 47 | 24 |
| Cash conversion cycle | 48 | 145 | 329 | 96 | 161 | 164 | 172 | 174 | 162 | 136 |
| Working capital days | -2 | -6 | 20 | 29 | 43 | 65 | 57 | 54 | 43 | 35 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Zeal Aqua Ltd shareholding pattern
Promoters held 68.42% at Jun 2026, broadly unchanged since Jun 2025. DIIs 0.05%.
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 68.42% | 68.42% | 68.42% | 68.42% | 68.42% | 68.42% | 68.42% | 68.42% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.05% |
| Public | 31.59% | 31.58% | 31.58% | 31.59% | 31.59% | 31.57% | 31.58% | 31.53% |
| No. of shareholders | 34,998 | 35,218 | 34,947 | 33,970 | 33,366 | 32,913 | 32,656 | 31,660 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
Upcoming Zeal Aqua Ltd events
The next scheduled event is a corporate event on 22 Sept 2027.
- Corporate eventRe-appointment of Mr. Dhaval Shantilal Patel as Whole-time Director
See the full results calendar for every Indian company reporting in the next 30 days.
Zeal Aqua Ltd corporate filings
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Company Updatelow impact
Cruxal's analysis: As attached.
Read the full analysis - Zeal Aqua Limited Re-appoints Whole-time Director for Three Years, signaling strategic continuityCompany Updatemedium impact
Cruxal's analysis: Zeal Aqua Limited has approved the re-appointment of Mr. Dhavalkumar Shantilal Patel as…
Read the full analysis - Zeal Aqua Limited appoints Mr. Manish R. Patel as Secretarial Auditor for FY 2026-31, extending his tenure by five years post-AGM approvalCompany Updatelow impact
Cruxal's analysis: Zeal Aqua Limited has secured shareholder approval at its 18th AGM held on 30 September…
Read the full analysis - Zeal Aqua Limited rectifies appointment terms for three key directors, extending their tenure to June 25, 2030, via AGM approvalCompany Updatemedium impact
Cruxal's analysis: Zeal Aqua Limited has obtained shareholder approval at its 18th AGM held on 30 September…
Read the full analysis - Zeal Aqua Ltd revises remuneration for MD and WTD, intimation filed under Regulation 30 of SEBI LODR 2015Company Updatelow impact
Cruxal's analysis: The company has submitted an intimation regarding revision in remuneration for its…
Read the full analysis - Zeal Aqua Limited's recent AGM voting results indicate strong shareholder approval for key resolutions, with over 99% voting in favor of amendments related to director appointments and remuneration revisions, reflecting stable governance and strategic alignment.AGM/EGMmedium impact
Cruxal's analysis: Zeal Aqua Limited, a small-cap company with a market cap of approximately INR 132 crore…
Read the full analysis - Zeal Aqua Limited holds 18th AGM; no new financial disclosures or strategic announcements reportedAGM/EGMlow impact
Cruxal's analysis: Zeal Aqua Limited conducted its 18th Annual General Meeting on 30th September 2026 via…
Read the full analysis - CRISIL assigns BBB/Stable/A3+ credit ratings to Zeal Aqua Limited's bank facilities, reflecting moderate financial risk profile and established aquaculture operationsCompany Updatehigh impact
Cruxal's analysis: Zeal Aqua Limited has received a credit rating of 'CRISIL BBB/Stable/CRISIL A3+' for its…
Read the full analysis - Trading Window ClosureInsider Trading / SASTlow impact
- Zeal Aqua Ltd approves enhancement of credit facilities from PNB-led consortiumCompany Updatemedium impact
Cruxal's analysis: The Board of Directors of Zeal Aqua Limited approved the availing and enhancement of…
Read the full analysis - Zeal Aqua Ltd schedules 18th Annual General Meeting for September 30, 2026Company Updatelow impact
Cruxal's analysis: Zeal Aqua Ltd has issued a newspaper notice regarding its 18th Annual General Meeting…
Read the full analysis - Zeal Aqua Ltd files routine regulatory intimation under SEBI LODR RegulationsCompany Updatelow impact
Cruxal's analysis: Zeal Aqua Ltd has submitted a routine disclosure pursuant to Regulation 30 and 36(1)(b)…
Read the full analysis - Zeal Aqua Ltd schedules 18th Annual General Meeting for September 30, 2026Otherslow impact
Cruxal's analysis: Zeal Aqua Ltd has released its Annual Report for the financial year 2025-26 and issued…
Read the full analysis - Zeal Aqua Limited Announces 18th Annual General Meeting and Managerial Remuneration RevisionsAGM/EGMmedium impact
Cruxal's analysis: Zeal Aqua Limited has issued a revised notice for its 18th Annual General Meeting…
Read the full analysis - Zeal Aqua Limited Announces 18th Annual General Meeting and Proposes Remuneration Revisions for Key Management PersonnelAGM/EGMmedium impact
Cruxal's analysis: Zeal Aqua Limited has scheduled its 18th Annual General Meeting for September 30, 2026…
Read the full analysis - Zeal Aqua Limited announces re-appointment of Mr. Dhavalkumar Shantilal Patel as Whole-time DirectorCompany Updatelow impact
Cruxal's analysis: Zeal Aqua Limited has formally announced the re-appointment of Mr. Dhavalkumar Shantilal…
Read the full analysis - Zeal Aqua Limited files revised intimation regarding re-appointment of Whole-time DirectorCompany Updatelow impact
Cruxal's analysis: Zeal Aqua Limited has submitted a revised intimation to the BSE to correct an attachment…
Read the full analysis - Zeal Aqua Limited Issues Corrigendum Regarding Director Appointment Terms for 18th AGMCompany Updatelow impact
Cruxal's analysis: Zeal Aqua Limited has issued a corrigendum to its previous board meeting outcome dated…
Read the full analysis - Zeal Aqua Limited Announces Appointment of Secretarial Auditor for Five-Year TermCompany Updatelow impact
Cruxal's analysis: Zeal Aqua Limited has formally appointed Mr. Manish R. Patel, a Practicing Company…
Read the full analysis - Zeal Aqua Limited seeks shareholder approval for continuation of Whole-Time Director Shantilal Ishwarlal Patel post-age 70Company Updatelow impact
Cruxal's analysis: Zeal Aqua Limited has announced that its Board of Directors has approved the continuation…
Read the full analysis
This page shows filings on a one-hour delay. Sign in to see them as they land, with Cruxal's analysis of what each one means.
Cruxal publishes market data and coverage for information only. Nothing here is investment advice.