---
title: "Zuari Industries Ltd (ZUARIIND) — Share Price, Financials & Analysis"
symbol: "ZUARIIND"
company: "Zuari Industries Ltd"
canonical: "https://tapetide.com/stocks/ZUARIIND"
isin: "INE217A01012"
nse_symbol: "ZUARIIND"
bse_code: "500780"
sector: "Consumer Goods"
industry: "Sugar"
market_cap_cr: 795.16
generated_at: "2026-09-13T18:26:52.045Z"
---

# Zuari Industries Ltd (ZUARIIND)

Canonical page: https://tapetide.com/stocks/ZUARIIND

## Company

- **NSE Symbol:** ZUARIIND
- **BSE Code:** 500780
- **ISIN:** INE217A01012
- **Sector:** Consumer Goods
- **Industry:** Sugar
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 1995-04-12
- **CEO:** Mr. Athar Shahab
- **Employees:** 374
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** adventz.com

## About

Incorporated in 1967,  Zuari Industries Ltd
 is in  the business of real estate, investment services, engineering services, management services, manufacturing and trading of furniture, manufacturing and sale of sugar and its by products, ethanol and generation of power.[1]

## Latest Price

- **Price:** ₹273.15
- **Change:** +2.65 (+0.98%)
- **Open:** ₹270
- **Day High:** ₹276.8
- **Day Low:** ₹265
- **Previous Close:** ₹270.5
- **Volume:** 49536
- **As Of:** 2026-09-11T10:28:56+00:00

## Key Fundamentals

Observed at 2026-09-11T04:39:04.995057Z.

- **Market Cap:** ₹795.16 Cr
- **Classification:** Microcap
- **P/E (reported):** 7.6
- **P/E (TTM):** 7.5
- **EPS (TTM):** ₹36.44
- **EPS (reported):** ₹5.05
- **Book Value:** ₹1196.16
- **Price to Book:** 0.23
- **Dividend Yield:** 0.37%
- **ROE:** 2.94%
- **ROCE:** 7.21%
- **Debt to Equity:** 0.75
- **Revenue (yearly):** ₹1155.1 Cr
- **Net Income:** ₹105.8 Cr
- **EBITDA:** ₹181 Cr
- **52-Week High:** ₹416
- **52-Week Low:** ₹210
- **RSI (14):** 50.79

## Tapetide Score

- **Score:** 52 / 100
- **Score date:** 2026-09-04
- **Archetype:** Cheap but Weak
- **What it means:** A low multiple sitting on weak financials. Worth establishing what the market is discounting before treating the low valuation as an opportunity — weak fundamentals often justify it.
- **Pillar profile:** Quality: Weak · Valuation: Cheap · Momentum: Falling
- **Percentile:** 56.6 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 23.45 | 9% |
| growth | 55.6 | 9% |
| momentum | 49.4 | 12% |
| ownership | 43.89 | 24% |
| quality | 45.37 | 22% |
| valuation | 79.28 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 0.23 times its book value
- Market value of investments Rs.3,099 Cr. is more than the Market Cap Rs.813 Cr.

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 4.62% over past five years.
- Company has a low return on equity of -0.25% over last 3 years.
- Earnings include an other income of Rs.346 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | — | 101.12% | 133.64% |
| ebitda margin growth | 37.8% | 5.17% | -40.53% | -37.52% |
| net income growth | 100.32% | -212.08% | -28% | 28% |
| revenue growth | 20.9% | 6.71% | 3% | 5% |
| roce | 43.97% | 193.09% | -63.86% | 9.51% |
| roe | -100.16% | -256.38% | 6.44% | -351.28% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 268.65 | 115.75 | 262.41 | 225.71 | 237.29 | 235.06 | 272.26 | 257.46 | 241.17 | 262.63 | 283.56 | 311.93 |
| Expenses | 282.03 | 126.24 | 141.58 | 201.01 | 233.35 | 242.18 | 244.66 | 232.22 | 230.35 | 270.35 | 253.34 | 297.75 |
| Operating Profit | -13.38 | -10.49 | 120.83 | 24.7 | 3.94 | -7.12 | 27.6 | 25.24 | 10.82 | -7.72 | 30.22 | 14.18 |
| OPM % | -4.98 | -9.06 | 46.05 | 10.94 | 1.66 | -3.03 | 10.14 | 9.8 | 4.49 | -2.94 | 10.66 | 4.55 |
| Other Income | 60.32 | 891.38 | 14.98 | 16.68 | 58.95 | 54.03 | 24.58 | 44.8 | 225.03 | 46.86 | 19.79 | 54.77 |
| Interest | 73.81 | 71.92 | 67.61 | 68.87 | 70.8 | 63.35 | 59.02 | 63 | 61.47 | 56.19 | 61.99 | 61.54 |
| Depreciation | 6.92 | 6.94 | 6.86 | 6.81 | 7.04 | 7.22 | 7.83 | 7.44 | 7.34 | 7.71 | 7.66 | 7.98 |
| Profit before tax | -33.79 | 802.03 | 61.34 | -34.3 | -14.95 | -23.66 | -14.67 | -0.4 | 167.04 | -24.76 | -19.64 | -0.57 |
| Tax % | -4.79 | 9.1 | -3.33 | -2.01 | -1.2 | 6.64 | 41.51 | 17.5 | 1.64 | 6.79 | 60.9 | -108.77 |
| Net Profit | -32.16 | 729.08 | 63.38 | -33.61 | -14.77 | -25.24 | -20.75 | -0.48 | 164.29 | -26.43 | -31.61 | 0.05 |
| EPS in Rs | -10.67 | 244.89 | 21.35 | -11.2 | -4.84 | -8.31 | -6.95 | 0.02 | 55.34 | -8.69 | -10.41 | 0.2 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 550 | 774 | 771 | 834 | 722 | 955 | 838 | 970 | 1045 | 1099 |
| Expenses | 556 | 905 | 1031 | 843 | 710 | 927 | 786 | 921 | 974 | 1052 |
| Operating Profit | -6 | -131 | -260 | -9 | 12 | 28 | 52 | 50 | 71 | 48 |
| OPM % | -1.1 | -17 | -34 | -1.1 | 1.7 | 2.9 | 6 | 5 | 7 | 4.3 |
| Other Income | 107 | 100 | 121 | 127 | 230 | 562 | 1041 | 154 | 324 | 346 |
| Interest | 119 | 113 | 160 | 202 | 264 | 248 | 282 | 262 | 243 | 241 |
| Depreciation | 20 | 21 | 25 | 29 | 23 | 27 | 27 | 29 | 30 | 31 |
| Profit before tax | -38 | -165 | -325 | -113 | -45 | 314 | 784 | -88 | 122 | 122 |
| Tax % | 9 | -11 | 22 | -13 | -22 | 1 | 9 | 8 | 13 | — |
| Net Profit | -41 | -148 | -396 | -98 | -35 | 309 | 713 | -94 | 106 | 106 |
| EPS in Rs | -10.56 | -43.68 | -124.81 | -29.2 | -12.19 | 104.3 | 239.72 | -31.3 | 36.25 | 36.44 |
| Dividend Payout % | -9 | -2 | -1 | -7 | -8 | 1 | 0 | -3 | 3 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 29 | 29 | 29 | 29 | 29 | 29 | 30 | 30 | 30 | 30 |
| Reserves | 1880 | 2378 | 2152 | 1137 | 1849 | 2885 | 2312 | 3830 | 4959 | 3533 |
| Borrowings | 866 | 1153 | 1471 | 1940 | 2288 | 2512 | 2691 | 2436 | 2568 | 2657 |
| Other Liabilities | 459 | 624 | 773 | 830 | 740 | 816 | 774 | 1195 | 1364 | 942 |
| Total Liabilities | 3235 | 4184 | 4426 | 3937 | 4907 | 6243 | 5807 | 7492 | 8920 | 7162 |
| Fixed Assets | 539 | 550 | 544 | 698 | 665 | 654 | 645 | 622 | 609 | 616 |
| CWIP | 12 | 8 | 71 | 3 | 2 | 7 | 1 | 6 | 7 | 6 |
| Investments | 1600 | 2211 | 2023 | 1132 | 1877 | 3180 | 2586 | 4852 | 6379 | 4851 |
| Other Assets | 1084 | 1415 | 1788 | 2104 | 2364 | 2401 | 2575 | 2012 | 1926 | 1689 |
| Total Assets | 3235 | 4184 | 4426 | 3937 | 4907 | 6243 | 5807 | 7492 | 8920 | 7162 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 109 | -125 | -45 | 126 | 109 | 62 | 269 | 71 | -1 | 144 |
| Cash from Investing Activity | -5 | -97 | -114 | -360 | -204 | 69 | -159 | 475 | 183 | 20 |
| Cash from Financing Activity | -98 | 214 | 160 | 232 | 90 | -87 | -89 | -583 | -163 | -175 |
| Net Cash Flow | 5 | -9 | 2 | -2 | -5 | 44 | 22 | -36 | 18 | -12 |
| Free Cash Flow | 100 | -153 | -169 | 33 | 108 | 56 | 259 | 101 | -16 | 118 |
| CFO/OP | 326 | 1963 | 51 | -51 | -1010 | 728 | 1012 | 136 | -47 | 226 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 56 | 86 | 49 | 51 | 40 | 37 | 31 | 24 | 27 | 23 |
| Inventory Days | 831 | 1809 | 1840 | 1215 | 864 | 1031 | 629 | 502 | 405 | 434 |
| Days Payable | 383 | 825 | 626 | 465 | 260 | 283 | 142 | 162 | 98 | 102 |
| Cash Conversion Cycle | 505 | 1071 | 1263 | 800 | 644 | 785 | 518 | 364 | 334 | 356 |
| Working Capital Days | 11 | 79 | 161 | 94 | 92 | 81 | 72 | -537 | -349 | -409 |
| ROCE % | 2 | 3 | -2 | -5 | 3 | 4 | 11 | 4 | 3 | 5 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 56.81% | 56.81% | 56.81% | 56.81% | 56.71% | 56.71% | 56.71% | 56.71% | 56.71% | 56.71% | 56.71% | 56.71% |
| FIIs | 1.36% | 1.49% | 1.55% | 1.6% | 1.46% | 1.4% | 1.3% | 1.33% | 2.46% | 1.11% | 1.15% | 1.1% |
| DIIs | 0.01% | 0.01% | 0.26% | 0.33% | 0.87% | 0.85% | 0.66% | 1% | 1% | 1.14% | 1.22% | 1.21% |
| Government | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% |
| Public | 33.83% | 33.13% | 32.49% | 32.27% | 31.95% | 33.63% | 33.49% | 32.22% | 31.15% | 32.77% | 32.32% | 31.82% |
| Others | 7.96% | 8.53% | 8.86% | 8.97% | 8.97% | 7.37% | 7.81% | 8.71% | 8.64% | 8.23% | 8.57% | 9.13% |
| No. of Shareholders | 27487 | 26417 | 27248 | 27786 | 29133 | 31338 | 31140 | 30627 | 31548 | 31490 | 30974 | 30244 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 9 / 5 / 5

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 273.88 | Sell |
| EMA (10) | 273.97 | Sell |
| SMA (20) | 273.45 | Sell |
| EMA (20) | 272.26 | Buy |
| SMA (50) | 266.24 | Buy |
| EMA (50) | 267.58 | Buy |
| SMA (100) | 262.65 | Buy |
| EMA (100) | 265.75 | Buy |
| SMA (200) | 269.55 | Buy |
| EMA (200) | 268.89 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 52.43 | Neutral |
| MACD (12,26,9) | 2.64 | Sell |
| Stochastic (14,3,3) | 20.77 | Neutral |
| ADX (14) | 30.99 | Buy |
| Williams %R (14) | -74.53 | Neutral |
| ATR (14) | 9.96 | High Volatility |
| ROC (12) | -1 | Sell |
| Stoch RSI (14) | 13.99 | Buy |
| UO (7,14,28) | 40.92 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-02 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d23c8610-f129-4123-a40c-b1918430d655.pdf) |
| 2026-08-25 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f545ebaf-2c95-472a-8cb2-f7ebc9a01f7c.pdf) |
| 2026-08-25 | [Letter To Members Under Regulation 36(1)(B) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 As Amended](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e068f44a-580c-47d2-993e-45efe39e5dfb.pdf) |
| 2026-08-24 | [Notice Of 58Th Annual General Meeting Of Zuari Industries Limited](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=de6372ce-d629-433a-86f0-1d6cdaeb394b.pdf) |
| 2026-08-24 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a4482a0f-c169-4b57-8167-39879ce1f65e.pdf) |
| 2026-08-22 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bb029ed3-8baa-434e-a59c-1260007acbb1.pdf) |
| 2026-08-20 | [Intimation Of Date Of 58Th Annual General Meeting Of Zuari Industries Limited](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a574280b-b796-43f4-b9a2-2ea10081610e.pdf) |
| 2026-08-20 | [Intimation Of Record Date](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e014e88f-3c3b-4462-ba60-cd6835e01dff.pdf) |
| 2026-08-17 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5d5aaade-cd67-4a59-b9ba-51e7939b199b.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a125c3a7-e0b0-4328-bc02-ee0b5e2d2ff1.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-08-21 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=11aeca1b-85ce-438f-ab17-67eaa335c302.pdf) |
| 2026-06-01 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0aba5d86-72c7-475d-9dea-6a423b143db2.pdf) |
| 2026-02-19 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=01fca165-c838-4d8c-9eb9-24664fd4074a.pdf) |
| 2025-11-18 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4ab86a16-bbab-4801-9392-8f9f67218652.pdf) |
| 2025-08-19 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2c0372a6-b64f-4861-bce5-186099f6bed6.pdf) |
| 2025-06-03 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d5eb4f6e-ca2d-4316-8974-988c88143fa5.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9fb5a6a5-ff72-47b1-9f56-9a6861b2f94b.pdf) |
| 2026-05-26 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c0ad3362-9cac-4a8b-b415-431313bfab55.pdf) |
| 2026-05-25 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5d479977-5d52-482d-a08b-052610c62701.pdf) |
| 2026-02-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=63825956-16e7-4745-99e9-1052e5cae572.pdf) |
| 2025-11-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5062a304-485e-446d-8a22-c711ff1265bb.pdf) |
| 2025-08-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5eec7ae0-4adc-49b2-9a53-40f715d0f557.pdf) |
| 2025-05-27 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f8621ffc-7526-484b-8174-75c280927067.pdf) |
| 2025-02-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=03fd2105-07dc-43e3-b396-d34a668d4f88.pdf) |
| 2025-02-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3c364587-28b3-433e-9ea3-af88daf36af5.pdf) |
| 2024-08-14 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2815cd43-fe68-4201-b651-76b024984ad3.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Un-Audited Financial Results For The Quarter Ended 30 June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9f31e3c6-cfa8-4a3c-81c3-4475767daaac.pdf) |
| 2026-05-25 | [Audited Financial Results (Standalone & Consolidated) For The Quarter And Year Ended 31 March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=605d424c-410b-467b-969a-092a3759f1c5.pdf) |
| 2026-02-13 | [Unaudited Financial Results (Standalone & Consolidated) For The Quarter And Nine Months Ended 31 December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cdda5be0-758a-45e7-8019-0d3bf36e199e.pdf) |
| 2025-11-12 | [Results- Financial Results For Quarter And Half Year Ended 30 September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c64e55af-8bd4-4681-8be8-cdbf63a9aa62.pdf) |
| 2025-08-12 | [Results- Unaudited Financial Results (Standalone And Consolidated) For The Quarter Ended 30 June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=78619ce2-a25d-4d9c-b8d4-b80ed5a1d19a.pdf) |
| 2025-05-27 | [Financial Results For The Quarter And Year Ended 31.03.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b6a53068-891e-4b19-a21d-ab12e355e8e6.pdf) |
| 2025-02-13 | [Unaudited Financial Results For The Quarter And Nine Months Ended 31 December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=edf7df85-78e0-4354-856a-79e5691b53aa.pdf) |
| 2024-11-12 | [Unaudited Financial Results For The Quarter/ Half Year Ended 30-09-2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1de0c472-9257-4e4b-8ffc-3a86821568be.pdf) |
| 2024-08-10 | [Unaudited Financial Results For The Quarter Ended 30-06-2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6430780c-53c1-4b59-9b8d-abab1512b7a4.pdf) |
| 2024-05-29 | [Financial Results For Quarter And Year Ended March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c585b6ca-1f6f-4a26-bdce-475ba793cedc.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4ab86a16-bbab-4801-9392-8f9f67218652.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c0ad3362-9cac-4a8b-b415-431313bfab55.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5d479977-5d52-482d-a08b-052610c62701.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/5d479977-5d52-482d-a08b-052610c62701.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/c0ad3362-9cac-4a8b-b415-431313bfab55.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c82c4642-e6a2-412a-9bb7-2e219e6756fa.pdf) |
| Mar 2024 | [Concall - Mar 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f492ca02-3a6a-4499-9d4a-91656da377b4.pdf) |
| Jun 2026 | [Concall - Jun 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0aba5d86-72c7-475d-9dea-6a423b143db2.pdf) |
| Jun 2026 | [Concall - Jun 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/0aba5d86-72c7-475d-9dea-6a423b143db2.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d5eb4f6e-ca2d-4316-8974-988c88143fa5.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-05-26 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a8ffbf06-d593-41cb-9d3d-24ef9c079af6.pdf) |
| 2026-02-16 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=674715d6-9192-47c9-8ee5-3c5e2a0e908e.pdf) |
| 2025-11-14 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b52b5adb-e49f-4e65-aadb-9e481c0779a6.pdf) |
| 2025-08-14 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=33649d42-d460-4685-bd5d-be05757b368c.pdf) |
| 2025-05-28 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5e86f01f-93ef-4d40-8f02-5219f3e4889b.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 5 Mar - Of Analyst/Investor Meet scheduled for Wednesday, 11 March 2026. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 5 Mar - Of Analyst/Investor Meet scheduled for Wednesday, 11 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fb11c5f8-f1a5-4f6b-954e-2792e998fa4e.pdf) |
| 21 Apr - Were sold/purchased prior to 1 April 2019 . The said publications have been made pursuant to SEBI Circular no. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated 30 January 2026. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 21 Apr - Were sold/purchased prior to 1 April 2019 . The said publications have been made pursuant to SEBI Circular no. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated 30 January 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9ccd0cfe-5532-450d-8702-db0e6e7ef422.pdf) |
| 20 Feb - Copies of the Newspaper Publications of the Notice informing shareholders about the special window for transfer and dematerialization of physical shares that were sold/purchased prior … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 20 Feb - Copies of the Newspaper Publications of the Notice informing shareholders about the special window for transfer and dematerialization of physical shares that were sold/purchased prior …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c442b042-d254-45f3-8473-7d26d0fcdd6a.pdf) |
| 1d - Were sold/purchased prior to 1 April 2019 . The said publications have been made pursuant to SEBI Circular no. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated 30 January 2026. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 1d - Were sold/purchased prior to 1 April 2019 . The said publications have been made pursuant to SEBI Circular no. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated 30 January 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/9ccd0cfe-5532-450d-8702-db0e6e7ef422.pdf) |
| 1 Apr - Wholly owned subsidiary renamed from FORTE FURNITURE PRODUCTS INDIA LIMITED to ZUARI FURNITURE LIMITED effective 1 April 2026. | [Intimation Under Regulation 30 Regarding Change Of Name Of Wholly Owned Subsidiary Of The Company 1 Apr - Wholly owned subsidiary renamed from FORTE FURNITURE PRODUCTS INDIA LIMITED to ZUARI FURNITURE LIMITED effective 1 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f5fab493-1c18-4dd7-bd03-bca3ade7e2e0.pdf) |
| 1 Apr - SPE crushed 159.7 lakh quintals in FY26, up from 157.2 lakh in FY25. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 1 Apr - SPE crushed 159.7 lakh quintals in FY26, up from 157.2 lakh in FY25.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/85bc6197-5c75-4a81-9bc5-15a7dd0620f6.pdf) |
| — | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7f7cdcb7-2733-4edc-b151-97825e1af1a5.pdf) |
| — | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 6 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cce24d3d-0974-4885-b766-91a882ff2887.pdf) |
| — | [Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 6 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachHis/85410094-2131-4e95-87e2-7cbf1ac39d7b.pdf) |
| — | [Closure of Trading Window 26 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a8d18c26-7a37-487a-adce-0237cfbd8fa8.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b31e56f4-31f2-47d3-bcbc-d2c93649b4a0.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/50ccd6ee-39ae-4d55-b412-c557620aac6e.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/66d6c22a-a418-4ec3-a600-8d2935e80d0e.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/500780/76671500780.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/500780/70059500780.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/500780/64879500780.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/500780/5007800319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/500780/5007800318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/500780/5007800317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/500780/5007800316.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:26:52.045Z.