BSE:539963

Stock Analysis Report

Executive Summary

Zeal Aqua Limited, an aquaculture company, engages in farming, processing, and trading of shrimps in India.


Snowflake Analysis

Adequate balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has Zeal Aqua's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 539963's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

2.8%

539963

-0.5%

IN Food

-1.1%

IN Market


1 Year Return

-54.1%

539963

-0.8%

IN Food

-31.7%

IN Market

Return vs Industry: 539963 underperformed the Indian Food industry which returned -0.8% over the past year.

Return vs Market: 539963 underperformed the Indian Market which returned -31.7% over the past year.


Shareholder returns

539963IndustryMarket
7 Day2.8%-0.5%-1.1%
30 Day-13.0%-14.4%-25.1%
90 Day-40.7%-10.5%-30.6%
1 Year-54.1%-54.1%0.6%-0.8%-30.3%-31.7%
3 Year-60.8%-60.8%44.8%40.4%-20.1%-24.4%
5 Yearn/a81.5%72.6%-11.0%-15.7%

Price Volatility Vs. Market

How volatile is Zeal Aqua's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Zeal Aqua undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 539963 (₹51.6) is trading below our estimate of fair value (₹234.81)

Significantly Below Fair Value: 539963 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 539963 is unprofitable, so we can't compare its PE Ratio to the Food industry average.

PE vs Market: 539963 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 539963's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 539963 is overvalued based on its PB Ratio (1.2x) compared to the IN Food industry average (0.8x).


Next Steps

Future Growth

How is Zeal Aqua forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.5%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Zeal Aqua has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Zeal Aqua performed over the past 5 years?

23.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 539963 is currently unprofitable.

Growing Profit Margin: 539963 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 539963 is unprofitable, but has reduced losses over the past 5 years at a rate of 23.3% per year.

Accelerating Growth: Unable to compare 539963's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 539963 is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (20.6%).


Return on Equity

High ROE: 539963 has a negative Return on Equity (-11.26%), as it is currently unprofitable.


Next Steps

Financial Health

How is Zeal Aqua's financial position?


Financial Position Analysis

Short Term Liabilities: 539963's short term assets (₹1.5B) exceed its short term liabilities (₹1.3B).

Long Term Liabilities: 539963's short term assets (₹1.5B) exceed its long term liabilities (₹205.1M).


Debt to Equity History and Analysis

Debt Level: 539963's debt to equity ratio (154%) is considered high.

Reducing Debt: 539963's debt to equity ratio has reduced from 178.4% to 154% over the past 5 years.

Debt Coverage: 539963's debt is well covered by operating cash flow (37.1%).

Interest Coverage: 539963 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Zeal Aqua's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 539963's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 539963's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 539963's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 539963's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 539963's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.1yrs

Average management tenure


CEO

Shantilal Patel (63yo)

5.08s

Tenure

Mr. Shantilal Ishwarbhai Patel has been the Chairman and Managing Director at Zeal Aqua Limited since March 25, 2015 and has been an Executive Director since March 06, 2009. 


Leadership Team

NamePositionTenureCompensationOwnership
Shantilal Patel
Chairman & MD5.08yrsno data11.42% 74.3m
Shailendrasingh Patil
Chief Financial Officer5.08yrs₹526.57kno data
Pradipkumar Navik
Whole Time Director11.08yrsno data11.03% 71.8m
Rohan Navik
Whole Time Director8.83yrsno data1.15% 7.5m
Dhavalkumar Patel
Whole Time Director2.58yrsno data0.38% 2.5m
Khushboo Vaishnav
Company Secretary & Compliance Officer0.58yrno datano data

5.1yrs

Average Tenure

37yo

Average Age

Experienced Management: 539963's management team is seasoned and experienced (5.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Shantilal Patel
Chairman & MD5.08yrsno data11.42% 74.3m
Pradipkumar Navik
Whole Time Director11.08yrsno data11.03% 71.8m
Rohan Navik
Whole Time Director8.83yrsno data1.15% 7.5m
Dhavalkumar Patel
Whole Time Director2.58yrsno data0.38% 2.5m
Naginbhai Patel
Non-Executive Independent Director5.08yrsno datano data
Cyrus Bhathena
Additional Independent Director2.5yrsno data0.024% 154.8k
Shahzad Gandhi
Additional Independent Director2.33yrsno data0.012% 77.4k
Sharmin Dordi
Independent Director1.58yrsno datano data

3.8yrs

Average Tenure

51yo

Average Age

Experienced Board: 539963's board of directors are considered experienced (3.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.6%.


Top Shareholders

Company Information

Zeal Aqua Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Zeal Aqua Limited
  • Ticker: 539963
  • Exchange: BSE
  • Founded: 2009
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ₹650.501m
  • Shares outstanding: 12.61m
  • Website: https://www.zealaqua.com

Number of Employees


Location

  • Zeal Aqua Limited
  • Plot No. 4-5
  • Olpad GIDC
  • Surat
  • Gujarat
  • 394540
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
539963BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 2016

Biography

Zeal Aqua Limited, an aquaculture company, engages in farming, processing, and trading of shrimps in India. The company offers tiger and white shrimps, as well as distributes shrimp feed, medicines, and probiotics. It has 66 PE-lined ponds and approximately 160 earthen ponds in Gujarat. The company also exports its products to Europe, the United Arab Emirates, Saudi Arabia, Vietnam, Australia, Japan, and South Korea. Zeal Aqua Limited was incorporated in 2009 and is based in Surat, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/07 14:00
End of Day Share Price2020/04/07 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.