Z-Tech (India)

Why is Z-Tech (India) Ltd falling/rising?

As of 08-Aug, Z-Tech (India) Ltd's stock price has risen slightly to 524.70, but it has significantly underperformed over the past month and year. Despite strong financial health and growth in profits, the stock's bearish trend and lack of investor interest indicate ongoing challenges.

As of 08-Aug, Z-Tech (India) Ltd is experiencing a slight rise in its stock price, currently at 524.70, with a change of 1.65 (0.32%) upward. However, this increase occurs against a backdrop of significant underperformance in both the short and long term. Over the past week, the stock has decreased by 0.13%, and it has seen a substantial decline of 12.23% over the past month. Year-to-date, the stock is down 20.63%, while it has generated a return of -13.68% over the past year.<BR><BR>Despite the recent uptick in price, the stock is trading below its moving averages across various time frames, indicating a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 52.05% compared to the five-day average, suggesting reduced interest from investors.<BR><BR>On the positive side, Z-Tech (India) Ltd has demonstrated strong financial health, with a low Debt to EBITDA ratio of 1.74 times, indicating a strong ability to service its debt. The company has also reported impressive growth in net sales and operating profit, with net profit increasing by 151.18% and positive results declared for the last six consecutive quarters. However, despite these strong fundamentals, the stock is considered to have a very expensive valuation, with a ROCE of 16.3 and a PEG ratio of 0.4, which may deter potential investors.<BR><BR>Furthermore, the lack of investment from domestic mutual funds, which hold 0% of the company, may reflect a lack of confidence in the stock's current valuation or business prospects. Overall, while there is a minor rise in the stock price, the broader context of declining performance and investor participation suggests that Z-Tech (India) Ltd is still facing significant challenges.

Which are the latest news on Z-Tech (India)?

Should I buy, sell or hold Z-Tech (India) Ltd?

What does Z-Tech (India) do?

Z-Tech (India) Ltd is a micro-cap industrial manufacturing company, incorporated in 1994, with recent net sales of ₹59 Cr and net profit of ₹19 Cr as of March 2026. Key metrics include a P/E ratio of 42.00 and a market cap of ₹860 Cr.

Overview: <BR>Z-Tech (India) Ltd operates in the industrial manufacturing sector and is categorized as a micro-cap company.<BR><BR>History: <BR>Z-Tech (India) Ltd was incorporated in 1994 as a Private Limited Company and later converted to a Public Limited Company. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 59 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 19 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 860 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 42.00 <BR>Industry P/E: 35 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.33 <BR>Return on Equity: 18.89% <BR>Price to Book: 4.43 <BR><BR>Contact Details: <BR>Address: Not available <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

How big is Z-Tech (India)?

As of 10th June, Z-Tech (India) Ltd has a market capitalization of 860.00 Cr, with recent net sales of 94.40 Cr and a net profit of 20.18 Cr. The company has shareholder's funds of 170.86 Cr and total assets of 206.85 Cr as of March 2025.

As of 10th June, Z-Tech (India) Ltd has a market capitalization of 860.00 Cr and is classified as a Micro Cap company.<BR><BR>In the latest four quarters, Z-Tech (India) reported Net Sales of 94.40 Cr and a Net Profit of 20.18 Cr.<BR><BR>For the latest annual period ending in March 2025, the company has Shareholder's Funds amounting to 170.86 Cr and Total Assets of 206.85 Cr.

Who are the peers of the Z-Tech (India)?

Z-Tech (India) peers include MIC Electronics, Macpower CNC, Rajoo Engineers, Eimco Elecon(I), Mamata Machinery, Kabra Extrusion, Cellecor Gadgets, OSEL Devices, and Ganesh Green. Z-Tech shows excellent growth and management risk, with a 1-year return of -1.73%, better than Rajoo Engineers but worse than OSEL Devices at 59.81%.

Peers: The peers of Z-Tech (India) are MIC Electronics, Macpower CNC, Rajoo Engineers, Eimco Elecon(I), Mamata Machinery, Kabra Extrusion, Cellecor Gadgets, OSEL Devices, Ganesh Green.<BR><BR>Quality Snapshot: Excellent management risk is observed at Rajoo Engineers, Eimco Elecon(I), Mamata Machinery, Z-Tech (India), and Ganesh Green, while Average management risk is found at MIC Electronics, Macpower CNC, and the rest. Growth is rated as Excellent for Z-Tech (India), Rajoo Engineers, Cellecor Gadgets, OSEL Devices, and Ganesh Green, while Good growth is noted for MIC Electronics, Macpower CNC, Eimco Elecon(I), and the rest. In terms of Capital Structure, Excellent ratings are given to Macpower CNC, Rajoo Engineers, Eimco Elecon(I), Mamata Machinery, Z-Tech (India), and Ganesh Green, while Below Average is noted for MIC Electronics and Average for Kabra Extrusion, Cellecor Gadgets, OSEL Devices.<BR><BR>Return Snapshot: The peer with the highest 1-year return is OSEL Devices at 59.81%, while the lowest is Rajoo Engineers at -57.57%. Z-Tech (India) has a 1-year return of -1.73%, which is better than Rajoo Engineers but worse than OSEL Devices. Additionally, the peers with negative six-month returns include MIC Electronics, Mamata Machinery, OSEL Devices, and Ganesh Green.

Are Z-Tech (India) Ltd latest results good or bad?

Z-Tech (India) Ltd's latest Q3 FY26 results show strong revenue growth and a significant increase in net profit, but concerns about its low return on equity and high valuation ratios suggest the overall outlook is mixed. Investors should consider these factors when evaluating the company's performance.

Z-Tech (India) Ltd's latest results for Q3 FY26 present a mixed picture. On the positive side, the company reported a net profit of ₹9.08 crores, which reflects a substantial increase of 57.91% quarter-on-quarter (QoQ) and an impressive 236.30% year-on-year (YoY) growth. Additionally, revenue reached ₹34.99 crores, marking a 44.95% QoQ increase and a robust 58.04% YoY growth, indicating strong demand for its products.<BR><BR>Operating margins improved significantly to 36.78%, up 470 basis points QoQ, suggesting better operational efficiency. However, despite these positive indicators, the company's return on equity (ROE) of 14.91% is notably below that of its peers, raising concerns about its ability to translate operational success into shareholder value.<BR><BR>Furthermore, the stock has faced a decline in value, closing at ₹545.40, down from ₹582.25 the previous day, reflecting investor concerns about sustainability and valuation. The company's high price-to-earnings ratio of 36x and price-to-book ratio of 5.36x suggest that it is trading at a premium that may be difficult to justify given its current ROE.<BR><BR>In summary, while Z-Tech (India) Ltd has demonstrated strong revenue growth and improved profitability, the concerns regarding its valuation and return on equity indicate that the results are not entirely positive. Investors may need to weigh these factors carefully.

Is Z-Tech (India) technically bullish or bearish?

As of 26 November 2025, Z-Tech (India) has shifted to a moderately bearish trend, supported by bearish signals from the MACD, Bollinger Bands, and moving averages, along with underperformance relative to the Sensex.

As of 26 November 2025, the technical trend for Z-Tech (India) has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include the weekly MACD and Bollinger Bands both indicating bearish conditions, alongside daily moving averages also confirming a bearish trend. The Dow Theory reflects a mildly bearish outlook on both weekly and monthly time frames. The stock has shown significant underperformance compared to the Sensex over the past week and month, further supporting the bearish sentiment.

How has been the historical performance of Z-Tech (India)?

Z-Tech (India) has experienced significant growth from March 2023 to March 2025, with net sales increasing from 25.73 Cr to 94.40 Cr and profit after tax rising from 1.96 Cr to 19.60 Cr, reflecting a strong upward trajectory in financial performance. Total assets and liabilities also expanded substantially during this period.

Answer:<BR>The historical performance of Z-Tech (India) shows significant growth over the past three years, particularly from March 2023 to March 2025.<BR><BR>Breakdown:<BR>Z-Tech (India) has demonstrated remarkable growth in net sales, increasing from 25.73 Cr in March 2023 to 94.40 Cr in March 2025. Total operating income followed a similar trend, rising from 25.73 Cr to 94.40 Cr during the same period. The company's total expenditure, excluding depreciation, also grew from 22.71 Cr to 66.58 Cr, primarily driven by increases in raw material costs and employee costs. Operating profit (PBDIT) surged from 3.02 Cr in March 2023 to 28.21 Cr in March 2025, reflecting an improved operating profit margin that rose from 11.74% to 29.47%. Profit before tax increased significantly from 2.68 Cr to 27.45 Cr, leading to a profit after tax that jumped from 1.96 Cr to 19.60 Cr. The consolidated net profit reached 20.18 Cr in March 2025, up from 1.97 Cr in March 2023. The company's total assets expanded from 23.13 Cr to 206.85 Cr, while total liabilities increased from 23.13 Cr to 206.85 Cr, indicating a substantial growth in both assets and liabilities. Cash flow from financing activities also saw a notable rise, from 0.00 Cr in March 2023 to 129.00 Cr in March 2025, contributing to a closing cash and cash equivalent of 3.00 Cr by March 2025. Overall, Z-Tech (India) has shown a strong upward trajectory in its financial performance over the past three years.

Is Z-Tech overvalued or undervalued?

As of December 18, 2024, Z-Tech is considered very expensive and overvalued with a PE ratio of 40.14, significantly underperforming the market with a year-to-date return of -5.25%, compared to the Sensex's gain of 6.23%.

As of 18 December 2024, the valuation grade for Z-Tech has moved from risky to very expensive, indicating a significant deterioration in its attractiveness as an investment. The company is currently overvalued, with a PE ratio of 40.14, a Price to Book Value of 34.42, and an EV to EBITDA ratio of 28.31. These metrics suggest that the stock is trading at a premium compared to its earnings and book value, which raises concerns about its sustainability at these levels.<BR><BR>In comparison to its peers, Z-Tech's valuation appears excessive. For instance, Rail Vikas Nigam Ltd. has a PE ratio of 69.76, while AIA Engineering Ltd. stands at 31.18, both of which are also categorized as very expensive. However, IRCON International Ltd. is relatively more attractive with a fair valuation and a PE ratio of 28.25. Additionally, Z-Tech's recent stock performance has been underwhelming, with a year-to-date return of -5.25%, contrasting sharply with the Sensex's gain of 6.23% during the same period, further reinforcing the notion that the stock is overvalued.

Who are the top shareholders of the Z-Tech?

The top shareholder of Z-Tech is Terramaya Enterprises Private Limited, owning 53.11% of the company. Other notable shareholders include Rba Finance And Investment Company with 3.49%, individual investors with 34.36%, and foreign institutional investors holding 0.96%.

The top shareholders of Z-Tech include the promoters, who hold the majority of the shares. The promoter with the highest holding is Terramaya Enterprises Private Limited, which owns 53.11% of the company. Additionally, the highest public shareholder is Rba Finance And Investment Company, holding 3.49%. Individual investors collectively hold 34.36% of the shares, while foreign institutional investors (FIIs) hold a small portion, accounting for 0.96% through four different FIIs. There are no mutual funds currently holding shares in Z-Tech.

When is the next results date for Z-Tech?

No Upcoming Board Meetings

Has Z-Tech declared dividend?

No Dividend History Available