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ZENTEC - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.8

Last Updated Time : 19 Mar 26, 07:11 pm

Fundamental Rating: 3.8

Stock Code ZENTEC Market Cap 13,069 Cr. Current Price 1,447 ₹ High / Low 2,268 ₹
Stock P/E 60.5 Book Value 195 ₹ Dividend Yield 0.14 % ROCE 32.9 %
ROE 24.6 % Face Value 1.00 ₹ DMA 50 1,371 ₹ DMA 200 1,448 ₹
Chg in FII Hold -0.40 % Chg in DII Hold -0.07 % PAT Qtr 47.8 Cr. PAT Prev Qtr 46.2 Cr.
RSI 62.4 MACD 23.2 Volume 4,80,516 Avg Vol 1Wk 4,94,646
Low price 1,223 ₹ High price 2,268 ₹ PEG Ratio 0.15 Debt to equity 0.00
52w Index 21.4 % Qtr Profit Var 23.8 % EPS 23.9 ₹ Industry PE 54.2

📊 Financial Overview

  • Revenue & Profitability: Quarterly PAT improved from 46.2 Cr. to 47.8 Cr., showing steady growth. EPS at 23.9 ₹ is healthy.
  • Margins & Returns: ROCE at 32.9% and ROE at 24.6% highlight excellent efficiency and shareholder returns.
  • Debt: Debt-to-equity ratio of 0.00 indicates zero leverage, ensuring strong financial stability.
  • Cash Flow: Strong profitability and no debt support robust cash generation.

💹 Valuation

  • P/E Ratio: 60.5 vs Industry PE of 54.2 → Slightly overvalued relative to peers.
  • P/B Ratio: Current Price 1,447 ₹ vs Book Value 195 ₹ → High premium.
  • PEG Ratio: 0.15 → Attractive valuation relative to growth.
  • Intrinsic Value: Current price trades at a premium, but supported by strong fundamentals.

🏢 Business Model & Competitive Advantage

  • Technology and engineering solutions provider with diversified offerings.
  • Strong efficiency metrics (ROCE & ROE) reflect competitive advantage.
  • Debt-free balance sheet enhances resilience and growth potential.

📈 Technicals & Entry Zone

  • RSI at 62.4 → Slightly overbought, caution for short-term entry.
  • MACD positive (23.2) → Bullish momentum, trend remains strong.
  • Entry Zone: Attractive accumulation between 1,400–1,430 ₹.
  • Long-Term Holding: Strong fundamentals make it a solid long-term hold.

✅ Positive

  • High ROCE (32.9%) and ROE (24.6%) indicate excellent efficiency.
  • Debt-free balance sheet ensures financial resilience.
  • PEG ratio of 0.15 suggests attractive valuation relative to growth.

⚠️ Limitation

  • P/E ratio of 60.5 is slightly above industry average, indicating premium valuation.
  • Stock trades at a high premium to book value.
  • RSI indicates overbought levels, short-term correction possible.

📉 Company Negative News

  • FII holdings decreased by 0.40%, showing reduced foreign investor confidence.
  • DII holdings decreased by 0.07%, reflecting weaker domestic institutional support.
  • Stock has corrected from its 52-week high of 2,268 ₹ to current levels.

📈 Company Positive News

  • Quarterly PAT improved slightly, showing earnings resilience.
  • 52-week performance up 21.4%, reflecting investor confidence.
  • Strong EPS at 23.9 ₹ supports valuation strength.

🏭 Industry

  • Industry PE at 54.2 suggests sector trades at high multiples.
  • ZENTEC commands premium valuation due to strong fundamentals and efficiency metrics.

🔎 Conclusion

ZENTEC demonstrates strong fundamentals with excellent return ratios, debt-free balance sheet, and consistent profitability. While valuations are slightly stretched compared to industry peers, the PEG ratio indicates attractive growth potential. Entry is favorable near 1,400–1,430 ₹ for long-term investors. Despite short-term overbought signals, the company remains a solid long-term hold backed by strong efficiency and operational resilience.

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