Sector: Utilities
|Small Cap
Zodiac Energy Ltd.
₹315.95
₹310.10
₹317.70
₹205.55
₹529.50
Markets Today
Historical Performance
Indicator | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|
| Total Revenue | 137.56 | 96.78 | 98.05 | 171.34 | 104.33 |
| Operating Expense | 123.87 | 86.50 | 88.37 | 153.72 | 94.01 |
| Operating Profit | 13.69 | 10.28 | 9.68 | 17.62 | 10.32 |
| Depreciation | 2.72 | 2.62 | 1.98 | 1.72 | 0.54 |
| Interest | 4.49 | 4.42 | 4.41 | 3.95 | 2.60 |
| Tax | 1.94 | 0.86 | 0.95 | 3.51 | 1.93 |
| Net Profit | 5.07 | 2.68 | 2.69 | 9.44 | 5.71 |
₹315.95
↗ Bullish Moving Average
4
↘ Bearish Moving Average
12
Zodiac Energy Limited, with its corporate operations in Ahmedabad, functions as a renewable energy solutions provider in India . The company designs, supplies, installs, and maintains solar power systems including ground-mounted solar, rooftop solar for commercial and residential customers, hybrid solutions, floating solar, and battery energy storage systems . Zodiac Energy has a substantial reach with a clientele base of over thirteen thousand customers across the globe . The company has a renewable energy portfolio exceeding five hundred megawatt peak .
Zodiac Energy share price on NSE and BSE signifies how market participants react to the company’s operational performance and the overall developments in the renewable energy sector. The company’s financial health depends on factors like order inflow from EPC projects, execution timelines, raw material solar module prices, and the company’s ability to manage operational costs. Zodiac Energy stock price gets influenced by various factors such as earnings reports, changes in government solar policies, and trends in domestic demand for rooftop and ground-mounted solar installations. In the longer run, strategies such as capacity expansion, new technology adoption like battery energy storage systems, and geographic diversification affect the stock market sentiments. All these factors need monitoring to have an idea about the company’s stock price movements.
Zodiac Energy live share price provides real-time information about the last price traded, bid and ask prices, and volume traded. These indicators represent market activity and liquidity, reflecting investor response to corporate announcements, economic conditions, and sector news. Constant monitoring of the Zodiac Energy stock price movements helps in observing short term price volatility and shows how a stock moves relative to the broader renewable energy index. Furthermore, monitoring Zodiac Energy live price helps investors understand real-time market sentiment, price fluctuations, and trading behaviour. It allows them to evaluate short-term performance and respond to news, quarterly results, or sector trends that may influence the company’s valuation.
Zodiac Energy Limited was incorporated in 1992 and is headquartered in Ahmedabad, Gujarat, India. The company operates in the renewable energy sector, primarily focusing on solar energy solutions. It is engaged in the design, engineering, procurement, construction (EPC), and maintenance of solar power systems. Over time, the company has expanded from providing solar products to offering integrated solar EPC services for residential, commercial, and industrial customers. It undertakes rooftop and ground-mounted solar projects and provides related services across different regions of India.
The renewable energy sector in India is driven by government policies, energy transition goals, and increasing adoption of solar power across residential, commercial, and industrial segments. National targets for non-fossil fuel capacity and initiatives supporting rooftop solar installations are contributing to industry growth.
The solar EPC segment is influenced by factors such as module pricing, regulatory policies, financing availability, and demand for distributed energy solutions. Commercial and industrial consumers are adopting solar power to manage energy costs and reduce dependence on conventional grid electricity.
Within this sector, Zodiac Energy Limited operates as a solar EPC service provider, participating in project execution and maintenance of solar installations across India.
Zodiac Energy Limited is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). Zodiac Energy share price is available for trading on the NSE under the symbol ZODIAC and on the BSE with the scrip code 543416 . The company’s market presence is primarily within the small-cap segment of the market . Due to its size and sector focus, Zodiac Energy stock price is generally tracked by investors interested in the renewable energy and engineering services industry.
Zodiac Energy is part of several broad-based and sector-specific stock market indices, reflecting its position as a small-cap renewable energy company in India. Zodiac Energy share price is a constituent of wider market indices such as the BSE SmallCap and BSE Industrials indices . In addition, the company is included in multiple BSE indices which capture companies across small and mid-cap segments.
Zodiac Energy share price on NSE reflects its status as a solar EPC and renewable energy solutions provider with a strong focus on rooftop and ground-mounted solar installations in India. Performance gets driven by factors like order inflow growth, project execution efficiency, raw material solar module price stability, and the company’s ability to manage operational costs effectively. Investors compare Zodiac Energy share price today with other renewable energy EPC companies to gauge relative performance within the sector.
These underlying factors often appear through real market movements across different periods. Broader sector strength has played a role in supporting Zodiac Energy share price. In addition to operational and sector-led factors, corporate actions such as the company’s inclusion in the BSE SmallCap index can also have a significant impact on Zodiac Energy share price movements . This shows how corporate events can trigger short-term swings, even within a competitive renewable energy framework influenced by government policies and solar module price cycles.
While short-term movements reflect events and announcements, longer-term valuation trends become visible through Zodiac Energy share price 52-week high and low, providing context beyond daily or weekly changes . Highs indicate strong project wins and stable margins, while lows align with market corrections or sector volatility . These levels capture the impacts of government policies, solar tariff trends, and earnings visibility, providing context for the stock’s historical performance.
Zodiac Energy stock performance reflects the trading behaviour of a small-cap renewable energy company operating within India’s competitive solar industry landscape. The company’s diversified service portfolio across ground-mounted solar, rooftop solar, hybrid solutions, and battery storage has shaped its Zodiac Energy share price history . Over time, the stock has shown long-term wealth creation, marked by periods of sharp gains and phases of consolidation. The company was incorporated in 1992 and has over three decades of experience in power generation .
Zodiac Energy stock performance over time has closely followed India’s solar power adoption cycles and government renewable energy policies. The company provides turnkey engineering, procurement, and construction solutions for solar power plants . Over longer investment horizons, the stock has delivered meaningful returns, with a five-year return showing significant growth but a one-year return showing substantial decline . The stock reached a 52-week high of five hundred sixty rupees and a 52-week low near two hundred five rupees, reflecting the volatility inherent in the solar EPC business .
Despite the disruptions caused by the COVID-19 pandemic, Zodiac Energy shares showed resilience during certain periods. While the broader economy faced challenges with lockdowns and supply chain disruptions, the company’s focus on renewable energy as a priority sector helped the stock recover. The company’s project execution resumed gradually following government guidelines during lockdowns.
Zodiac Energy share price has seen decreases due to several recurring reasons. A decline in order inflow from government or commercial customers directly impacts revenue and leads to selling pressure. Changes in government policy, such as alterations in solar import duties or changes in net metering regulations, can also cause the stock to fall. Furthermore, any increase in operational costs like raw material procurement costs for solar modules without a matching rise in project billing rates squeezes the company’s margins, making the stock less attractive. Periods of economic slowdown that reduce renewable energy investments raise concerns about order volumes, leading to a drop in Zodiac Energy share price. The stock is also sensitive to competitive intensity in the solar EPC space; if larger players gain market share through aggressive pricing, it can lead to a decrease in Zodiac Energy stock price as investors adjust expectations for future profitability. Broader market sell-offs in small-cap renewable energy stocks also pull the price down, regardless of the company’s individual performance. The company’s share price declined significantly from its 52-week high of five hundred sixty rupees, reflecting the broader market correction and sector-specific headwinds . A decrease in rooftop solar installations or lower ground-mounted project wins directly hurts the company’s revenue, resulting in a lower valuation for Zodiac Energy share price.
Zodiac Energy is a holding in renewable energy and small-cap portfolios, offering exposure to solar EPC services, rooftop solar installations, and battery energy storage solutions. Inclusion in small-cap indices underscores its importance in India’s renewable energy space. The company’s diversified service portfolio, strong client base, and long operating history make it a consideration for long-term allocations .
Zodiac Energy equity is held by a broad mix of promoters and public shareholders, reflecting its standing in India’s renewable energy sector. Promoter holding remains stable at around seventy percent, with Kunjbihari Jugalkishor Shah holding approximately fifty eight point five percent of the company’s shares . Foreign institutional investors hold approximately zero point three percent of the company’s shares . Retail and other public investors hold approximately twenty nine percent of the company’s shares . This broad investor base with significant promoter control underscores the company’s role as a holding in both domestic and global portfolios focused on renewable energy services.
Beyond fundamentals and ownership, Zodiac Energy share price is actively monitored by market participants. The stock is available for trading in the futures and options segment on the NSE, allowing investors to take positions based on their outlook for the renewable energy sector. Market participants watch derivative indicators such as open interest and rollover patterns to gauge sentiment around quarterly results and policy announcements.
Technical indicators such as RSI, MACD, and MFI provide additional insight into short-term momentum shifts in the company’s stock price. The stock has exhibited oversold conditions in recent periods . While these indicators are primarily used for near-term trading decisions, they also help investors and portfolio managers understand broader market sentiment and anticipate potential volatility, especially around key events or announcements.
Zodiac Energy stock price has exhibited certain volatility patterns. Zodiac Energy beta has been observed around negative zero point six two, indicating an inverse relationship with broader market movements . Over shorter timeframes, the stock has shown relatively higher volatility, with average weekly movements around six point five percent . During the three-month period, this sensitivity appears more balanced, suggesting a stable trading pattern. Across longer durations, the beta trends in a manner indicating continued inverse correlation with overall market fluctuations. This behaviour is typical for companies in the solar EPC sector with exposure to policy cycles. Overall, these variations across different timeframes highlight that while Zodiac Energy may experience short-term fluctuations, its longer-term volatility remains characteristic of a small-cap renewable energy stock.
Zodiac Energy sector relevance stems from its scale in solar EPC services and its presence across rooftop solar, ground-mounted projects, and battery energy storage solutions . Peer comparisons with companies like Adani Green Energy, Tata Power, JSW Energy, NHPC, and Sterling and Wilson Renewable Energy focus on EPC order book, project execution capability, geographic reach, and product diversification rather than short-term stock moves . These benchmarks help investors assess operational scale, efficiency, and regulatory adherence. Institutional tracking of government solar policies, import duty structures, and renewable energy targets further highlights Zodiac Energy positioning within India’s broader solar EPC market.
Zodiac Energy market cap history shows the company’s position within the renewable energy sector. Since its incorporation in 1992, the market capitalization has grown as the company established itself as a solar EPC provider . The company’s focus on expanding into battery energy storage systems and hybrid solutions contributed to a re-evaluation by the market. This transition from a traditional power generation equipment provider to a comprehensive renewable energy solutions company has been a key factor in how the company’s overall valuation has evolved over time. The company currently maintains a market capitalization in the small-cap range, with a market cap of over three hundred seventy crore rupees .
Zodiac Energy earnings history demonstrates the impact of its strategic business decisions and external market conditions. For the financial year 2025, the company reported total revenue of over four hundred seven crore rupees on a standalone basis, with profit after tax of over nineteen crore rupees . The company’s net profit for the financial year 2025 increased significantly from over ten crore rupees in the previous financial year . For the third quarter of financial year 2026, the company reported a net profit of over five crore rupees, showing sequential improvement . The company’s operating profit margin for the financial year 2025 stood at over eight percent .
Zodiac Energy EPS provides insight into its operational performance and income generation from solar EPC services and power generation. Over the years, earnings per share have shown variation in line with the company’s business cycle and industry conditions. The company’s focus on expanding into battery storage and hybrid solutions has influenced the EPS trajectory. Quarterly performance reflects the ongoing earnings from project execution, with the rooftop solar segment contributing to the overall per-share earnings picture. The company’s basic earnings per share for the trailing twelve months was reported at over thirteen rupees .
Zodiac Energy P/E ratio reflects how investors perceive the company’s earnings relative to its business model. The company’s price-to-earnings ratio has been observed around eighteen to twenty nine times, indicating the valuation the market assigns to the company’s earnings . This ratio represents a significant discount compared to the industry median of around forty eight times . The ratio has moved in response to how investors view the company’s prospects in areas like battery storage and hybrid solutions. The company’s P/E ratio decreased from over fifty one times in the financial year 2024 to around twenty nine times in the financial year 2025, reflecting improved earnings . These changes highlight how market sentiment has evolved alongside the company’s business transformation and expansion strategy.
Summary
Zodiac Energy Limited provides solar EPC services including rooftop solar, ground-mounted installations, hybrid solutions, and battery energy storage systems. Zodiac Energy share price on the NSE and BSE reflects trading activity within the renewable energy and solar EPC industry. The company has a notable presence in domestic markets. Zodiac Energy stock price is influenced by government solar policies, order inflow, raw material costs, and broader economic factors. The company’s focus on expanding into battery storage and hybrid solutions remains a key aspect of its business profile
| Held By | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoter | 70 | 70 | 69.9 | 69.9 | 69.9 | 70 |
| FII | 1.3 | 0.9 | 0.5 | 0.5 | 0.3 | 0.2 |
| DII | 0.6 | 0.6 | 0.4 | 0.4 | 0.4 | 0.2 |
| Public | 28.1 | 28.5 | 29.2 | 29.2 | 29.4 | 29.7 |
| Period | Combined Delivery Volume | NSE+BSE Traded Volume Avg | Daily Avg Delivery Volume % |
|---|---|---|---|
| Day | 11.79 K | 11.79 K | 100.00% |
| Week | 10.63 K | 10.63 K | 100.00% |
| 1 Month | 36.98 K | 1.11 L | 33.42% |
| 6 Month | 17.91 K | 41.15 K | 43.53% |
Buy Zone: Stocks in the buy zone based on days traded at current PE and P/BV
Annual Profit Growth higher than Sector Profit Growth
PEG lower than Industry PEG
Growth in Net Profit with increasing Profit Margin (QoQ)
Annual Net Profits improving for last 2 years
Book Value per share Improving for last 2 years
Top Gainers
Ex-Date | Dividend Amount | Dividend Type | Record Date | Instrument Type |
|---|---|---|---|---|
| 12 Sep, 2025 | 0.75 | FINAL | 12 Sep, 2025 | Equity Share |
Financials | ||||||
|---|---|---|---|---|---|---|
| Price (₹) | ₹189.30 | ₹74.55 | ₹223.85 | ₹63.70 | ₹118.40 | ₹102.55 |
| % Change | -0.75% | 3.54% | 1.26% | 0.00% | 1.28% | 0.10% |
| Revenue TTM (₹ Cr) | - | - | ₹960.75 | - | - | - |
| Net Profit TTM (₹ Cr) | - | - | ₹80.86 | - | - | - |
| PE TTM | - | 9.00 | 21.40 | 10.90 | 24.20 | 7.10 |
| 1 Year Return | 9.97 | -47.83 | -43.16 | -24 | 49.19 | -56.69 |
| ROCE | - | - | 30.81 | - | 35.23 | 27.38 |
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