Zeal Aqua quarterly results and financials

Zeal Aqua (BSE 539963)₹10.49−1.96%(9 Nov 2026 close)Seafood

Key facts

In the Mar 2026 quarter (standalone), Zeal Aqua reported sales of ₹137 Cr, up 33.5% from Mar 2025, and net profit of ₹2.03 Cr, down 62.5% year on year. For the year to Mar 2026, sales were ₹513 Cr and net profit ₹9.99 Cr.

Sales (Mar 2026): ₹137 Cr
Net profit (Mar 2026): ₹2.03 Cr
Sales (FY Mar 2026): ₹513 Cr
Net profit (FY Mar 2026): ₹9.99 Cr
EPS (Mar 2026): ₹0.17
Borrowings (Mar 2026): ₹185 Cr

Company filings, standalone accounts; latest reported quarter Mar 2026

Zeal Aqua quarterly results

₹ crore unless stated; each column is a quarter.

Zeal Aqua Quarterly results
	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales	80.24	117	137	65.23	87.43	153	170	103	124	185	223	137
Expenses	76.89	113	131	57.74	82.49	147	158	92.39	118	175	214	136
Operating Profit	3.36	4.19	6.04	7.53	4.97	5.65	11.82	10.41	6.56	10.35	9.10	1.56
OPM %	4.2%	3.7%	4.5%	11.7%	5.8%	3.8%	7.1%	10.2%	5.4%	5.7%	4.2%	1.2%
Other Income	2.21	1.65	1.91	2.03	1.79	2.29	3.75	1.76	1.74	1.43	7.82	7.43
Interest	3.41	3.52	3.23	3.60	4.04	4.91	7.79	5.33	4.67	6.01	5.52	5.10
Depreciation	1.25	1.27	1.26	1.17	1.86	0.68	1.44	1.45	1.26	1.29	1.27	1.31
Profit before tax	0.90	1.05	3.48	4.79	0.88	2.35	6.34	5.40	2.37	4.49	10.12	2.57
Tax %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	35.8%	33.4%	25.8%	21.4%
Net Profit	0.90	1.05	3.48	4.79	0.89	2.34	6.35	5.41	1.53	2.99	7.51	2.03
EPS (Rs)	0.08	0.09	0.29	0.39	0.08	0.20	0.51	0.44	0.13	0.25	0.61	0.17

Zeal Aqua profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Zeal Aqua Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	121	175	179	232	240	297	343	363	399	512	513	669
Expenses	112	166	157	211	226	278	327	344	378	479	479	642
Operating Profit	8.97	8.98	20.93	21.94	13.95	18.92	15.93	18.94	20.93	32.89	32.86	27.57
OPM %	7.0%	5.0%	12.1%	9.1%	6.1%	7.1%	4.5%	5.0%	5.0%	6.0%	6.1%	4.1%
Other Income	0.00	0.00	1.99	5.99	10.99	4.99	7.98	7.99	7.99	9.98	9.99	18.42
Interest	5.01	4.01	9.01	9.99	11.99	12.98	10.01	13.99	13.99	21.99	21.99	21.30
Depreciation	2.99	1.99	7.97	7.97	6.97	6.98	5.98	4.98	4.98	4.98	4.98	5.13
Profit before tax	1.99	2.99	5.98	8.97	5.98	4.98	6.97	7.97	9.97	14.94	14.94	19.55
Tax %	2.0%	35.1%	32.1%	20.1%	12.1%	16.1%	20.1%	14.1%	19.0%	32.1%	32.1%	—
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.00	—
Net Profit	1.99	1.99	3.99	7.99	4.99	3.99	5.99	6.99	7.98	9.99	9.99	14.06
EPS (Rs)	0.22	0.15	0.34	0.60	0.43	0.35	0.47	0.57	0.67	0.81	0.81	1.16
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—

Zeal Aqua balance sheet

₹ crore, at each year end.

Zeal Aqua Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	2.99	2.99	4.00	3.99	12.95	12.96	12.96	12.95	12.97	12.95	12.95	12.96
Reserves	15.98	17.98	32.99	36.93	35.91	40.91	44.90	50.91	57.89	65.83	76.80	90.90
Borrowings	39.88	37.90	48.92	84.79	82.72	87.69	119	127	131	157	180	185
Other Liabilities	4.02	5.02	12.06	17.09	46.01	68.88	87.88	34.01	67.67	58.71	60.70	50.81
Total Liabilities	62.87	64.89	97.97	143	178	210	265	224	269	294	330	340
Fixed Assets	14.03	13.04	13.03	53.17	46.11	40.13	40.14	37.09	34.07	36.07	38.08	38.08
CWIP	7.01	12.02	38.09	0.00	3.01	5.01	0.00	0.00	0.00	4.01	0.00	0.00
Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	41.83	38.83	46.85	88.63	128	164	225	186	234	254	292	301
Inventories	0.99	2.01	1.99	33.96	50.94	87.99	120	121	149	147	161	96.01
Trade receivables	22.02	27.02	32.06	40.04	58.08	63.11	91.12	50.02	66.09	84.15	102	103
Cash & equivalents	13.97	3.99	4.99	5.99	3.99	4.99	4.99	0.99	0.99	4.99	0.99	0.99
Total Assets	62.87	64.89	97.97	143	178	210	265	224	269	294	330	340

Zeal Aqua cash flow

₹ crore, for each year.

Zeal Aqua Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	27.93	−0.99	6.99	−16.98	13.97	15.97	6.98	−4.99	23.93	24.94	34.90	35.92
Cash from investing activity	−11.95	−7.97	−28.89	−10.96	−3.99	−1.99	0.00	−1.99	−1.99	−9.97	−2.99	−3.99
Cash from financing activity	−5.01	−2.01	23.03	29.07	−12.02	−13.02	−7.01	2.01	−22.04	−11.02	−36.05	−32.05
Net cash flow	10.97	−10.96	0.99	1.99	−1.99	0.99	0.00	−3.99	0.00	3.98	−3.98	0.00
Capex	5.38	2.48	1.87	10.54	4.27	3.34	0.81	2.79	2.21	10.92	3.37	5.68
Free cash flow	15.99	−8.99	−21.99	−27.98	9.98	12.99	5.99	−6.99	21.98	13.98	30.99	30.97
CFO / OP %	281.0%	−9.0%	83.0%	−75.0%	77.0%	131.0%	37.0%	−24.1%	134.0%	126.0%	120.0%	127.0%

Zeal Aqua ratios

Working-capital days and returns, by year.

Zeal Aqua Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	47	81	67	83	91	96	112	53	66	77	73	73
Inventory days	2	8	5	94	852	—	178	152	180	158	136	81
Days payable	5	16	23	32	615	—	129	42	75	61	47	32
Cash conversion cycle	43	73	48	145	329	96	161	164	172	174	162	123
Working capital days	−23	−5	−1	−5	21	30	44	66	58	55	44	47
ROCE %	18.9%	10.9%	9.9%	13.9%	14.9%	12.9%	10.9%	9.9%	10.9%	10.9%	15.0%	12.9%

Zeal Aqua: frequently asked questions

What are the latest quarterly results of Zeal Aqua?

For the Mar 2026 quarter, Zeal Aqua reported sales of ₹137 Cr, up 33.5% year on year and net profit of ₹2.03 Cr, down 62.5% year on year. The operating margin was 1.2%.

What is the annual revenue of Zeal Aqua?

Zeal Aqua's sales for the year to Mar 2026 were ₹513 Cr; over the last twelve months they were ₹669 Cr.

What is the net profit of Zeal Aqua?

Net profit for the year to Mar 2026 was ₹9.99 Cr, and ₹14.06 Cr over the last twelve months. Earnings per share over the same trailing period were ₹1.16.

How much debt does Zeal Aqua have?

Zeal Aqua reported borrowings of ₹185 Cr at Mar 2026, against cash and equivalents of ₹0.99 Cr.

What is the free cash flow of Zeal Aqua?

Cash from operations was ₹35.92 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹30.97 Cr.

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