Zodiac Energy Share Price ₹265 | P/E 22.5

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Zodiac Energy

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	62	32	34	47	107	79	53	104	171	98	97	138	211
Expenses +	58	30	31	42	98	75	48	94	154	88	86	124	189
Operating Profit	4	2	3	5	9	4	5	10	18	10	10	14	22
OPM %	6%	6%	9%	11%	8%	5%	9%	10%	10%	10%	11%	10%	10%
Other Income +	0	0	0	0	0	0	0	0	1	0	0	1	1
Interest	1	1	1	1	1	1	1	3	4	4	4	4	5
Depreciation	0	0	0	0	0	0	0	1	2	2	3	3	3
Profit before tax	2	1	2	4	8	3	4	8	13	4	4	7	15
Tax %	34%	29%	14%	29%	26%	27%	34%	25%	27%	26%	24%	28%	29%
Net Profit +	2	1	1	3	6	2	2	6	9	3	3	5	11
EPS in Rs	1.10	0.56	1.01	2.02	3.89	1.59	1.65	3.78	6.25	1.78	1.77	3.36	7.03

Financials of Zodiac Energy

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	9	9	17	38	63	68	100	143	138	220	408	544
Expenses +	8	9	16	35	58	63	93	134	130	201	371	488
Operating Profit	0	1	1	3	5	5	7	9	8	19	37	56
OPM %	4%	6%	5%	8%	8%	7%	7%	6%	5%	9%	9%	10%
Other Income +	0	0	0	0	0	0	0	1	1	1	2	2
Interest	0	0	0	0	0	1	1	2	3	4	9	19
Depreciation	0	0	0	0	0	0	0	1	1	1	3	10
Profit before tax	0	0	0	3	5	4	6	8	4	15	28	29
Tax %	17%	31%	31%	27%	31%	30%	26%	28%	27%	26%	27%	28%
Net Profit +	0	0	0	2	3	3	4	5	3	11	20	21
EPS in Rs	0.28	0.61	1.39	1.37	2.12	2.05	3.02	3.73	2.18	7.50	13.23	13.93
Dividend Payout %	44%	0%	0%	0%	59%	0%	0%	0%	0%	0%	6%	5%

Financials of Zodiac Energy

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	0.88	0.88	0.88	7	7	7	15	15	15	15	15	15
Reserves	0	0	1	10	13	16	13	18	21	33	81	86
Borrowings +	3	3	4	1	4	6	13	18	46	41	175	178
Other Liabilities +	2	1	3	3	4	14	16	28	13	27	31	51
Total Liabilities	7	6	8	21	28	43	56	79	95	116	302	330
Fixed Assets +	1	1	0	1	0	1	2	3	3	4	92	151
CWIP	0	0	0	0	0	0	0	0	0	0	7	1
Investments	0	0	0	0	0	0	0	0	0	0	0	4
Other Assets +	6	5	7	20	28	43	53	76	92	111	203	174
Total Assets	7	6	8	21	28	43	56	79	95	116	302	330

Financials of Zodiac Energy

Operating, investing and financing cash movement

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	-0	-8	-6	-0	-4	2	-23	16	-49	48
Cash from Investing Activity +	0	-1	1	-1	-2	-4	-3	-5	-105	-59
Cash from Financing Activity +	0	11	3	1	6	3	25	-10	153	23
Net Cash Flow	0	2	-2	0	0	1	-1	1	0	11
Free Cash Flow	-0	-8	-5	-0	-5	1	-23	14	-147	8
CFO/OP	-6%	-248%	-98%	26%	-35%	41%	-280%	103%	-120%	88%

Financials of Zodiac Energy

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	206	133	108	100	102	136	83	78	110	130	51
Inventory Days	49	69	41	54	44	77	82	88	52	28	56
Days Payable	96	49	35	10	12	30	45	59	14	29	11
Cash Conversion Cycle	159	153	113	144	134	183	120	106	148	129	96
Working Capital Days	86	111	18	131	109	113	88	82	67	72	65
ROCE %	6%	12%	16%	26%	23%	19%	20%	20%	11%	22%	20%

Zodiac Energy Q2 FY25 Share Price & Earnings Call Analysis