Zeal Global Services Ltd
NSE: ZEAL · Other · sector
₹62.90NSE close 2026-10-26
Key numbers
Market cap₹84 cr
Price₹62.90
52w high / low₹121 / ₹56
P/E7.5xSector median 14.4x
P/B1.1xSector median 1.7x
Book value₹59.4
Dividend yield–Sector median 0.37%
ROE15.2%Sector median 13.8%
ROCE21.8%Sector median 19.6%
OPM6.5%Sector median 10.4%
Debt / equity–Sector median 0.29x
EV/EBITDA3.6xSector median 8.4x
Interest cover8.2x
Current ratio1.41x
Sales growth 3y+36.5%Sector median +7.7%
Profit growth 3y+4.2%Sector median +16.6%
PEG–
Last 12 months to Mar 2026, Consolidated. "Sector median" = middle value of 688 companies in Other (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Operating profit covered interest 8.2x in the last 12 months.
- Operating cash flow was below net profit in 3 of the last 4 years (FY26, FY25, FY23).
- Other income was 39% of net profit in the last 12 months.
- No dividend in the last 4 financial years.
- Price ₹62.90 on 2026-10-26: -48.2% from the 52-week high, +12.5% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹191.00 · low ₹59.50
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 56 | 94 | 99 | 170 | 197 | 171 | 114 |
| EBITDA | 8 | 8 | 11 | 13 | 9 | 8 | 11 |
| OPM % | 15.1% | 8.0% | 11.0% | 7.3% | 4.4% | 4.4% | 9.5% |
| Other income | 0 | 1 | 2 | 2 | 2 | 2 | 2 |
| Net profit | 6 | 5 | 7 | 9 | 5 | 5 | 7 |
| EPS (₹) | 5.64 | 4.24 | 5.59 | 6.92 | 4.05 | 3.47 | 4.90 |
| Revenue YoY | +251.4% | +81.8% | +15.5% | ||||
| Profit YoY | -2.2% | +0.9% | -12.3% |
Consolidated figures where filed. Latest quarter Mar 2026.
Profit & loss (yearly)
| ₹ cr | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|
| Revenue | 112 | 193 | 368 | 286 | 286 |
| EBITDA | 15 | 18 | 21 | 18 | 18 |
| Net profit | 10 | 12 | 15 | 11 | 11 |
| EPS (₹) | 10.08 | 9.98 | 10.96 | 8.38 | 8.38 |
| Revenue growth | +72.1% | +90.5% | -22.4% | – | |
| Profit growth | +22.0% | +21.3% | -23.5% | – | |
| Dividend / share (₹) | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +36.5% | – | – |
| Net profit | +4.2% | – | – |
| EPS | -6.0% | – | – |
| Share price | – | -35.3% (2y) | -33.8% |
Balance sheet
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Shareholders' equity | – | – | 68 | 79 |
| Cash & equivalents | – | – | 51 | 16 |
| Total assets | – | – | 143 | 143 |
| Fixed assets | – | – | 2 | 2 |
| Investments | – | – | 3 | 3 |
| Inventory | – | – | 0 | 0 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Cash from operations | -9 | 23 | 14 | -12 |
| Cash from investing | -9 | -43 | -17 | 5 |
| Cash from financing | 14 | 23 | 3 | 4 |
| Capex | 0 | 0 | 5 | 2 |
| Free cash flow | -9 | 23 | 10 | -15 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ROE % | – | – | 21.5% | 14.1% |
| ROCE % | – | – | 30.2% | 21.8% |
| Inventory days | – | – | 0 | 0 |
| Working capital days | – | – | 36 | 26 |
Peers in Other
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TSFINV | ₹8,585 cr | 17.6x | 1.4x | 8.4% | 3.6% | 20.5% | +121.7% | 2.30% |
| KRISHANA | ₹6,339 cr | 39.9x | 11.3x | 41.6% | 23.2% | 12.6% | +95.7% | 0.05% |
| MARINE | ₹5,431 cr | 84.2x | 11.0x | 14.3% | 18.0% | 10.8% | +25.6% | 0.07% |
| ZOTA | ₹4,139 cr | – | 6.0x | -22.5% | -12.4% | -0.5% | +56.7% | 0.07% |
| AIMTRON | ₹3,319 cr | 71.7x | 17.1x | 28.0% | 31.8% | 21.8% | – | – |
| ACCORD | ₹2,984 cr | – | 261.7x | 12.4% | 12.0% | 2.4% | – | – |
| MONOLITH | ₹2,646 cr | 64.6x | 24.3x | 36.0% | 48.7% | 24.4% | – | – |
| UTSSAV | ₹2,390 cr | 40.2x | 14.1x | 43.4% | 54.7% | 7.9% | – | – |
| BETA | ₹2,200 cr | 40.6x | 5.0x | 16.4% | 17.0% | 20.8% | – | – |
| ZEAL | ₹84 cr | 7.5x | 1.1x | 15.2% | 21.8% | 6.5% | +36.5% | – |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | |
| Industry | Other |
| Sub-industry | |
| Symbol | ZEAL |
| BSE code | – |
| ISIN | INE0PPS01018 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results); price = NSE close 2026-10-26.