Financial Performance Summary
Standalone Performance (Q4 FY26)
- Revenue from operations: ₹248.15 crore
- Other income: ₹19.19 crore
- Total income: ₹267.34 crore
- Total expenses: ₹237.27 crore
- Profit before tax and exceptional items: ₹30.06 crore
- Exceptional items: ₹(3.65) crore
- Profit before tax: ₹26.42 crore
- Tax expense: ₹8.51 crore
- Profit after tax: ₹17.91 crore
- Total comprehensive income: ₹(415.22) crore (primarily due to other comprehensive income of ₹(433.12) crore)
- EPS: ₹6.01
Consolidated Performance (Q4 FY26)
- Revenue from operations: ₹283.56 crore
- Other income: ₹15.98 crore
- Total income: ₹299.54 crore
- Profit/(loss) before share of profit from associates, JV and tax: ₹(11.32) crore
- Share of profit/(loss) from associates, JV: ₹(12.13) crore
- Profit/(loss) before tax and exceptional item: ₹(23.45) crore
- Exceptional item: ₹3.81 crore
- Profit/(loss) before tax: ₹(19.64) crore
- Tax expense: ₹11.97 crore
- Profit after tax: ₹(31.61) crore
- Total comprehensive income/(loss): ₹(837.40) crore
- EPS: ₹(10.41)
Segment Performance (Consolidated Q4 FY26)
Segment Revenue:
- Sugar & allied products: ₹291.89 crore
- Power: ₹38.58 crore
- Ethanol Plant: ₹63.72 crore
- Real estate: ₹0.18 crore
- Management services: ₹8.46 crore
- Financial services: ₹5.21 crore
- Engineering services: ₹27.84 crore
- Furniture: ₹0.12 crore
- Total segment revenue: ₹435.99 crore
- Less: Intersegment revenue: ₹152.43 crore
- Net segment revenue: ₹283.56 crore
Segment Results (EBITDA):
- Sugar & allied products: ₹61.00 crore
- Power: ₹(8.74) crore
- Ethanol Plant: ₹2.83 crore
- Real estate: ₹(16.14) crore
- Management services: ₹(2.17) crore
- Financial services: ₹1.62 crore
- Engineering services: ₹5.13 crore
- Furniture: ₹(4.63) crore
- Total segment EBITDA: ₹38.91 crore
Subsidiary and Joint Venture Performance (Q4 FY26)
Subsidiaries (PBT before exceptional items):
- Zuari Infra: ₹35.31 crore (Income: ₹60.89 crore, EBITDA: ₹57.61 crore)
- Zuari International: ₹(7.93) crore (Income: ₹23.77 crore, EBITDA: ₹5.31 crore)
- Zuari Management Services: ₹(0.34) crore (Income: ₹8.52 crore, EBITDA: ₹0.45 crore)
- Zuari Finserv: ₹(0.32) crore (Income: ₹4.23 crore, EBITDA: ₹0.53 crore)
- Zuari Insurance: ₹1.22 crore (Income: ₹2.15 crore, EBITDA: ₹1.22 crore)
- Simon India: ₹5.07 crore (Income: ₹29.76 crore, EBITDA: ₹5.30 crore)
Joint Ventures:
- ZIAVPL: ₹2.74 crore PBT (Income: ₹12.28 crore, EBITDA: ₹4.55 crore)
Strategic Investments Portfolio
As of March 31, 2026, the value of strategic investments held by ZIL & its wholly-owned subsidiaries:
- Chambal Fertilizers & Chemicals Ltd.: 595 lakh shares valued at ₹2,538 crore (share price: ₹427)
- Zuari Agro Chemicals Ltd.: 135 lakh shares valued at ₹244 crore (share price: ₹181)
- Paradeep Phosphates Ltd.: 6 lakh shares valued at ₹6 crore (share price: ₹107)
- Texmaco Rail & Engineering Ltd.: 645 lakh shares valued at ₹509 crore (share price: ₹79)
- Texmaco Infrastructure and Holdings Ltd.: 393 lakh shares valued at ₹384 crore (share price: ₹98)
- Total value of quoted investments: ₹4,600 crore (20% decrease from previous quarter)
Key Operational Developments
Zuari Envien Bio-Energy Pvt Ltd (ZEBPL):
- Ethanol plant commissioned on January 1, 2026
- Corn season in Bihar/MP expected to boost availability and reduce costs
- OMC tender delayed
- Non-OMC orders secured through October 2026
Digital Initiatives:
- Secured copyright for Proton SI (Project Control Platform)
- Pursuing digital-first EPC leadership strategy
Board of Directors
- Chairman: Saroj K. Poddar
- Managing Director: Athar Shahab
- Executive Director: Alok Saxena
- Non-Executive Directors: Jyotsna Poddar, Akshay Poddar
- Independent Directors: Vijay V. Paranjape, Suneet Maheshwari, Manju Gupta, Deepak Amitabh, Sanjeev Lall
Strategic Priorities
- Pursuing strategic growth opportunities
- Leveraging digital technologies
- Strengthening the balance sheet
- Nurturing subsidiaries and growing strategic value