ZODIAC NSE filing

Zodiac Energy Q1 FY27 Revenue Up 45% to ₹141.8 Cr, PAT Soars 157% to ₹7 Cr

The RealCase readHigh impact Positive

Zodiac Energy's Q1 FY27 revenue increased by 45% to ₹141.8 crore. PAT surged 157% to ₹7.0 crore, with margins at 5.0%. The company secured a ₹7.1 crore solar contract and aims for ₹1,000 crore revenue by FY29. Expansion into Africa and BESS projects are key strategic priorities.

Why it matters

The substantial percentage increase in revenue and profit, coupled with strategic expansion plans and new contract wins, indicates a significant positive impact on the company's financial standing and future growth prospects.

The market read

The company reported significant year-on-year growth in revenue, EBITDA, and PAT, along with operational achievements like new contracts and subsidiary incorporation, indicating a positive financial and business performance.

Zodiac Energy Limited has announced its financial results for the first quarter of FY-27 (Q1 FY27), reporting a significant year-on-year increase in key financial metrics.

The company's revenue from operations grew by 45% to ₹141.8 crore in Q1 FY27, compared to ₹98.1 crore in Q1 FY26. EBITDA also saw a substantial rise of 55% to ₹15.1 crore, with the EBITDA margin improving by 70 basis points to 10.6%. Profit After Tax (PAT) demonstrated exceptional growth, surging by 157% to ₹7.0 crore from ₹2.7 crore in the same period last year, resulting in a PAT margin of 5.0%.

Operationally, Zodiac Energy secured a ₹7.1 crore contract for a 2 MW solar power plant in Gujarat and incorporated a wholly-owned subsidiary for solar power and EPC projects. The company also successfully commissioned 65.7 MW of C&I projects in FY26. Debtor days improved to 57 days, and the Independent Power Producer (IPP) portfolio revenue is scaling up to ₹5.0 crore.

Management highlighted a strong growth visibility with a target of ₹1,000 crore revenue by FY29, driven by the Zenwatt expansion. The company is also focusing on executing BESS projects, cautiously scaling its IPP business, expanding into the MENA region, and addressing the residential EPC market.

Zodiac Energy reported a Net Debt to Equity ratio of 1.9x in FY26, an improvement from 1.8x in FY25. The company's strategic roadmap includes leveraging its EPC stronghold in India to expand across Africa, with presence in Zambia and Kenya.

Filing to action

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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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Primary source

A plain-language summary of a public exchange filing by Zodiac Energy Limited. Read the original for the full detail.

View original filing