Zenlabs Ethica Limited
BSE: ZENLABS · Diversified Commercial Services · sector
Key numbers
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 95 companies in Diversified Commercial Services (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹3 cr vs borrowings ₹10 cr (FY26): borrowings are higher by ₹8 cr.
- Operating profit covered interest -2.2x in the last 12 months.
- Net loss in 2 of the last 6 quarters.
- Dividend paid in 1 of the last 5 financial years.
- Price ₹26.90 on 2026-10-26: -32.7% from the 52-week high, +63.0% 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
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 13 | 11 | 12 | 12 | 11 | 14 |
| EBITDA | 1 | 1 | 0 | -2 | 0 | -0 |
| OPM % | 5.1% | 4.7% | 3.6% | -12.6% | 2.6% | -2.0% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | 0 | 0 | 0 | -2 | 0 | -1 |
| EPS (₹) | 0.14 | 0.05 | 0.06 | 3.08 | 0.00 | 0.88 |
| Revenue YoY | -18.6% | +23.5% | ||||
| Profit YoY | -100.0% | -2,000.0% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 69 | 67 | 59 | 51 | 47 | 50 |
| EBITDA | 2 | 2 | 2 | 3 | -0 | -1 |
| Net profit | 1 | 0 | 0 | 0 | -2 | -3 |
| EPS (₹) | 1.26 | 0.75 | 0.65 | 0.41 | 2.97 | 4.02 |
| Revenue growth | -3.2% | -12.5% | -12.2% | -8.8% | – | |
| Profit growth | -40.2% | -14.3% | -35.7% | -818.5% | – | |
| Dividend / share (₹) | – | 0.25 | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -11.1% | – | – |
| Net profit | – | – | – |
| EPS | +58.2% | – | – |
| Share price | – | -19.4% (2y) | -14.0% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 10 | 9 |
| Borrowings | 12 | 10 |
| Cash & equivalents | 2 | 3 |
| Total assets | 41 | 37 |
| Fixed assets | 2 | 1 |
| Investments | 1 | 0 |
| Receivables | 20 | 16 |
| Inventory | 13 | 15 |
| Payables | 14 | 15 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 4 | 4 |
| Cash from investing | 0 | 0 |
| Cash from financing | -3 | -3 |
| Capex | 0 | 0 |
| Free cash flow | 4 | 4 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 2.6% | -22.7% |
| ROCE % | 6.1% | -5.3% |
| Debtor days | 139 | 122 |
| Inventory days | 128 | 161 |
| Payable days | 140 | 165 |
| Cash conversion cycle (days) | 127 | 118 |
| Working capital days | 65 | 62 |
Peers in Diversified Commercial Services
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| IGIL | ₹16,651 cr | 25.0x | 9.5x | 44.5% | 51.7% | 61.5% | – | 1.93% |
| WEWORK | ₹8,640 cr | 99.1x | 29.0x | 28.3% | 111.2% | 64.6% | – | – |
| IBULLSLTD | ₹6,919 cr | – | 1.1x | -0.4% | – | – | +918.1% | – |
| NESCO | ₹6,699 cr | 16.1x | 2.2x | 14.8% | 18.3% | 50.8% | +19.5% | 0.69% |
| NIRLON | ₹5,679 cr | 15.9x | 12.1x | 86.5% | 29.8% | 77.5% | +5.3% | 4.12% |
| RENTOMOJO | ₹5,292 cr | – | – | – | – | – | – | – |
| LEAPIND | ₹5,209 cr | – | – | – | – | – | – | – |
| SMARTWORKS | ₹5,085 cr | 182.4x | 9.6x | 5.2% | 56.6% | 64.2% | – | – |
| QUESS | ₹4,827 cr | 19.1x | 4.1x | 22.4% | 27.2% | 2.0% | -3.7% | – |
| ZENLABS | ₹18 cr | 6.7x | 2.1x | -26.8% | -8.7% | -2.3% | -11.2% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2022-07-29 | Dividend | Interim Dividend Rs 0.25 |
| 2017-09-20 | Dividend | Dividend Rs 0.25 |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Services |
| Industry | Diversified Commercial Services |
| Sub-industry | Diversified Commercial Services |
| Symbol | ZENLABS |
| BSE code | 530697 |
| ISIN | INE546F01013 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-24 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.