Zodiac Energy FY26 Revenue Up 33% to ₹543.5 Cr; EBITDA Grows 50%
Zodiac Energy reported FY26 revenue of ₹543.5 crore, up 33% YoY, and EBITDA of ₹55.3 crore, up 50% YoY. PAT increased by 36% to ₹31.0 crore. The company commissioned 65.7 MW of C&I projects and has a ₹382.3 crore order book. Zodiac targets ₹1,000 crore revenue by FY29.
The significant growth in key financial metrics, expansion into new projects and geographies, and ambitious future revenue targets indicate a substantial positive impact on the company's outlook.
The company reported strong year-on-year growth in revenue, EBITDA, and PAT, along with a healthy order book and operational achievements, indicating positive business performance.
Zodiac Energy Limited has announced its financial results for FY26, reporting a significant 33% year-on-year growth in revenue from operations to ₹543.5 crore. The company also saw a substantial 50% year-on-year increase in operating profit (EBITDA), reaching ₹55.3 crore, with an improved operating margin of 10.2%, expanding by 114 basis points.
Cash Profit after tax (PAT) grew by 36% year-on-year to ₹31.0 crore. The company highlighted a robust order book of ₹382.3 crore, a 23% year-on-year increase, and order inflow of ₹163.4 crore. Debtor days improved to 57 days from 61 days in FY25, indicating better cash flow management. The Independent Power Producer (IPP) revenue also saw a remarkable surge of 478% year-on-year to ₹15.6 crore.
Operationally, Zodiac Energy commissioned a 6 MW ground-mounted solar project in Zambia and 65.7 MW of C&I projects in FY26. The company is strategically focusing on scaling its ground-mounted solar business, deepening its presence in the rooftop segment, and scaling Battery Energy Storage Systems (BESS) execution to tap into a significant market opportunity. Zodiac Energy targets a revenue of ₹1,000 crore by FY29, driven by its Zenwatt initiative.
The company's balance sheet shows total assets of ₹329.7 crore and total equity and liabilities of ₹482.4 crore as of FY26. The financial presentation also detailed historical performance, with revenue CAGR of 30.6% and PAT CAGR of 30.7% from FY22 to FY26. The management expressed confidence in leveraging India's EPC stronghold to expand across Africa, solidifying its presence in 15+ states and UTs in India and expanding into Zambia and Kenya.
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Zodiac Energy Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Zodiac Energy Limited. Read the original for the full detail.