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 2015 | Mar 2016 | 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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% |
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