Zenith Health Care Ltd.

About

Zenith Healthcare Limited engages in the manufacturing and trading of pharmaceutical products in India and internationally. The company offers its products in the form of tablets, capsules, and liquids. It also provides contract manufacturing services of various dosage forms, including purchasing raw materials, production, packaging, and quality control. In addition, the company exports products in therapeutic segments, such as antibiotics and anti-infective, gastrointestinal, analgesic/anti-inflammatory, cardiovascular, respiratory, ophthalmology, bio-technical products, oncology, anti-retroviral, central nervous system, nutrition, genito urinary system, and skin. Further, it sells roadtep licenses products. Zenith Healthcare Limited was incorporated in 1994 and is based in Ahmedabad, India.

Key Metrics

as of Sep 2026

Market Cap18 Cr

P/E110.00

Div Yield0.00 %

Book Value₹1.38

52w High₹4.98

52w Low₹2.23

Face Value₹1.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	3.43	2.62	2.48	2.27	3.15	3.43	2.31	3.03	2.57	3.07	3.89	3.49	4.07
Expenses	3.26	3.08	2.20	2.10	3.29	3.41	2.51	2.89	2.45	3.31	3.79	3.36	3.76
Operating Profit	0.17	-0.46	0.28	0.17	-0.14	0.02	-0.20	0.14	0.12	-0.24	0.10	0.13	0.31
OPM %	4.96	-17.56	11.29	7.49	-4.44	0.58	-8.66	4.62	4.67	-7.82	2.57	3.72	7.62
Other Income	0.07	0.10	0.04	0.11	0.17	0.11	0.16	0.08	0.08	0.11	0.06	0.04	0.00
Depreciation	0.06	0.06	0.07	0.07	0.06	0.08	0.07	0.04	0.04	0.05	0.05	0.06	0.05
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.00	0.00
Profit before tax	0.18	-0.42	0.25	0.21	-0.03	0.05	-0.11	0.18	0.16	-0.18	0.10	0.11	0.26
Tax %	22.22	-19.05	8.00	38.10	-33.33	-120.00	172.73	44.44	0.00	38.89	0.00	0.00	0.00
Net Profit	0.14	-0.34	0.22	0.14	-0.02	0.11	-0.29	0.09	0.16	-0.26	0.10	0.12	0.26
EPS in Rs	0.03	-0.06	0.04	0.03	0.00	0.02	-0.05	0.02	0.03	-0.05	0.02	0.02	0.05

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	10.52	11.33	14.47	13.13	22.36	13.74	11.98	9.83	9.51	4.79	3.46	3.64
Expenses	10.65	11.24	14.23	13.10	21.91	13.38	11.43	9.63	8.95	4.73	3.69	3.68
Operating Profit	-0.13	0.09	0.24	0.03	0.45	0.36	0.55	0.20	0.56	0.06	-0.23	-0.04
OPM %	-1.24	0.79	1.66	0.23	2.01	2.62	4.59	2.03	5.89	1.25	-6.65	-1.10
Other Income	0.41	0.43	0.26	0.38	0.52	0.46	0.30	0.21	0.13	0.08	0.12	0.05
Interest	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.01	0.01	0.01	0.01
Depreciation	0.26	0.23	0.21	0.28	0.36	0.25	0.25	0.25	0.28	0.30	0.35	0.35
Profit before tax	0.01	0.28	0.28	0.12	0.60	0.56	0.59	0.16	0.40	-0.17	-0.47	-0.35
Tax %	200.00	78.57	25.00	33.33	48.33	19.64	3.39	18.75	32.50	-11.76	-36.17	-31.43
Net Profit	0.01	0.07	0.20	0.08	0.31	0.44	0.57	0.14	0.27	-0.15	-0.31	-0.24
EPS in Rs	0.00	0.01	0.04	0.01	0.06	0.08	0.11	0.03	0.05	-0.03	-0.06	-0.04
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	5.37	5.37	5.37	5.37	5.37	5.37	5.37	5.37	5.37	5.37	5.37	5.37
Reserves	2.05	2.03	1.96	1.86	1.78	1.47	1.03	0.43	0.29	0.02	0.17	0.48
Borrowings	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.02	0.00	0.00	0.00	0.00
Other Liabilities	3.56	3.48	2.56	2.02	4.52	1.92	2.14	1.14	1.43	0.74	1.04	0.60
Total Liabilities	10.98	10.88	9.89	9.25	11.67	8.76	8.54	6.96	7.09	6.13	6.58	6.45
Fixed Assets	1.45	1.55	1.40	1.50	1.75	1.80	1.70	1.62	1.81	1.75	1.93	2.17
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.17	0.00	0.00	0.00	0.00	0.00
Investments	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	9.52	9.33	8.49	7.75	9.92	6.96	6.67	5.34	5.28	4.38	4.65	4.28
Total Assets	10.98	10.88	9.89	9.25	11.67	8.76	8.54	6.96	7.09	6.13	6.58	6.45

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	-0.83	0.55	1.74	-0.92	1.32	-1.47	1.95	-0.06	0.23	0.23	0.19
Cash from Investing Activity	0.85	-0.96	-1.88	-0.03	-0.23	-0.19	-0.50	-0.05	-0.12	0.01	-0.14
Cash from Financing Activity	-0.01	-0.01	0.00	0.00	0.00	0.00	-0.02	0.02	0.00	0.00	0.00
Net Cash Flow	0.01	-0.41	-0.14	-0.95	1.09	-1.65	1.44	-0.09	0.11	0.24	0.05
Free Cash Flow	-0.99	0.16	1.63	-0.95	1.08	-1.66	1.45	-0.11	0.11	0.11	-0.18
CFO/OP %	615.00	667.00	796.00	-2,967.00	333.00	-372.00	356.00	-15.00	383.00	-100.00	-475.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	72.51	77.96	57.26	64.22	53.05	44.89	31.08	33.79	54.88	84.58	132.92	183.50
Inventory Days	220.21	152.87	86.65	147.45	104.78	145.11	99.18	125.86	102.66	179.91	297.41	170.89
Days Payable	115.38	92.93	38.08	51.11	37.63	71.22	84.31	47.61	82.53	78.95	177.67	86.27
Cash Conversion Cycle	177.34	137.90	105.84	160.55	120.21	118.78	45.95	112.04	75.01	185.54	252.65	268.12
Working Capital Days	122.13	69.91	60.54	116.76	50.93	98.02	48.14	96.17	82.13	136.40	208.87	246.68
ROCE %	0.27	3.12	3.98	1.81	8.72	8.61	9.82	2.79	7.42	-2.93	-8.08	-5.71

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	28.74	28.74	28.74	28.74	28.74	28.74	28.74	28.74	28.74	28.74	28.74	28.74
DIIs	0.39	0.39	0.39	0.39	0.39	0.39	0.39	0.39	0.39	0.39	0.39	0.39
Public	70.87	70.88	70.88	70.88	70.86	70.87	70.87	70.86	70.87	70.86	70.86	70.87
No. of Shareholders	38,725	39,077	39,693	40,454	41,137	41,284	39,959	36,491	33,886	33,879	33,326	33,147