Zuari Agro Chemicals logo

Zuari Agro Chemicals share price

NSE: ZUARIBSE: 534742Fertilizers & AgrochemicalsSmall Cap

Last close ₹186.50down ₹7.85 (4.04%)BSE ₹186.75

Share price at the NSE close on 23 Oct 2026. Previous close ₹194.35.

52-week range of traded prices to 23 Oct 2026
₹175.10Low, 30 Mar 2026₹345.60High, 30 Dec 2025
Market cap
₹784 Cr1,486th largest listed
P/E
0.8
P/E without one-offs
6.2
P/B
0.4
Dividend yield
Nonein the last 12 months
ROE
47.6%
ROE without one-offs
6.4%
ROCE
6.9%
Debt to equity
0.31
Volume, NSE
1,10,15943.8% delivered

Share price

Daily closes since Nov 2012, adjusted for splits and bonuses

−31.4%over a year · Nifty 500 −9.8%

Results20-session average 70,349 shares a day, 48.3% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 31 Jul

Revenue
₹615 Crup 228.41%
Net profit
₹119 CrQuarter to Mar 2026: −₹25 Cr
Net margin
19.3%

Revenue by year

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 4 of the 10 years shown

The years either side of a change of basis do not compare. From the year to Mar 2021, the company's revenue for that year, ₹2,404 Cr, differs from its quarters added, ₹3,780 Cr; the company reports a discontinued business.

₹ croreSep 2024Filed 6 NovDec 2024Filed 6 FebMar 2025Filed 12 JunJun 2025Filed 31 JulSep 2025Filed 7 NovDec 2025Filed 4 FebMar 2026Filed 15 MayJun 2026Filed 31 Jul
Revenue1,1231,2649521,2461,423344187615
Net profit93812712784040−25119
Net margin8.3%6.4%2.9%10.2%59.1%11.6%−13.4%19.3%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Fertilisers, which carries all its revenue.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2021: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 55% of 585 trading days over the last 3 years.

LowestHighest
Its median5.8Industry median11.7
Price to book

At or below today's level on 7% of 1,974 trading days since Nov 2018.

LowestHighest
Its median0.5Industry median1.0
EV to EBITDA6.0

At or below today's level on 41% of 1,240 trading days over the last 5 years.

LowestHighest
Its median6.4Industry median8.6
Dividend yield

At or below today's level on 90% of 2,480 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median0.88%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−0.8%+458.3%−82.2%0.0%
3 years+14.3%+24.5%−8.2%0.0%
5 years+14.8%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1 and 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2023 and Mar 2026.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters65.21%
  • Foreign institutions1.91%
  • Indian institutions0.10%
  • Individuals and others32.79%
Holder
Zuari Industries Limited (formerly Zuari Global Limited)Promoter20.00%
Globalware Trading and Holdings LimitedPromoter17.81%
Zuari Management Services LimitedPromoter12.08%
Texmaco Infrastructure & Holdings LimitedPromoter7.13%
Adventz Finance Private LimitedPromoter3.68%
New Eros Tradecom LimitedPromoter2.85%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Fertilizers, 27 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Zuari Agro Chemicals in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Rashtriya Chemicals and Fertilizers logoRashtriya Chemicals and FertilizersRCF5,20711.71.09.1+17.5%+56.1%9.1%7.5%2.48%
National Fertilizers logoNational FertilizersNFL2,8027.71.06.6+23.3%+137.8%13.1%8.8%1.82%
Southern Petrochemicals Industries Corporation logoSouthern Petrochemicals Industries CorporationSPIC1,1295.50.86.5−2.8%+28.2%16.0%10.7%3.61%
Madras Fertilizers logoMadras FertilizersMADRASFERT82711.79.08.2−4.6%+4.6%77.1%11.5%0.00%
Aries Agro logoAries AgroARIES58212.21.77.5+18.4%+29.8%15.3%18.0%0.56%
Khaitan Chemicals & Fertilizers logoKhaitan Chemicals & FertilizersKHAICHEM4348.01.56.7+19.9%+36.9%21.1%16.6%0.11%
Rama Phosphates logoRama PhosphatesRAMAPHO3466.40.85.3+18.9%–13.5%14.5%0.26%
Balaji Phosphates logoBalaji PhosphatesBALAJIPHOS24223.72.715.0+34.7%+29.0%12.0%13.3%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹1.00 a share, year to Mar 2017.
Ex-dateTypePer share
13 Jul 2017Final₹1.00
30 Jul 2015Final₹2.00
27 Jun 2014Final₹3.00
27 May 2013Final₹3.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Zuari Agro Chemicals share price by year

Each calendar year to 2025.Zuari Agro Chemicals share price history

YearClose at year endChangeHighest closeLowest close
2025329.95+55.1%383.60172.82
2024212.70+12.6%257.83161.15
2023188.95+15.3%192.20117.15
2022163.90+36.8%211.30110.90
2021119.85+20.8%157.0586.00
202099.20+9.6%124.4046.20
201990.50−61.9%248.1584.45
2018237.30−56.9%554.95213.85
2017550.80+142.0%646.70232.20
2016227.65+43.6%246.55118.45
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026194.50194.50182.71186.50186.531,10,15943.8%
22 Oct 2026199.00199.00192.77194.35194.7058,31642.1%
21 Oct 2026203.02204.00196.00197.94199.4996,75448.4%
19 Oct 2026206.60207.90202.00202.73204.1580,02767.9%
16 Oct 2026207.01208.30205.00207.01206.5852,36442.4%
15 Oct 2026208.80210.74205.82206.39207.5939,08757.1%
14 Oct 2026206.60214.00206.35207.70210.741,10,46742.4%
13 Oct 2026209.40209.40201.44206.43205.0790,33139.8%
12 Oct 2026206.98210.43206.03207.24207.5060,43847.0%
9 Oct 2026208.51209.91206.00206.98207.5454,84349.9%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Rights issue history

Ex-dateEventPrice factorWhat happened
13 Sep 2019Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
Each event is noted and not adjusted for.

Company details

Legal name
Zuari Agro Chemicals Limited
NSE symbol
ZUARI
BSE code
534742
ISIN
INE840M01016
Industry
Fertilizers & Agrochemicals
Listed
Nov 2012
Face value
₹10
CIN
L65910GA2009PLC006177
Corporate identity number, the registrar of companies' code for it