Z-Tech India FY26 profit rises, shares list on July 7
Z-Tech (India) Limited reported a net profit of ₹3586 lakh for FY26, up from ₹1961 lakh in FY25, with revenue reaching ₹15579 lakh. The NSE approved the listing of 1,01,200 equity shares from warrant conversion effective July 07, 2026, increasing the company's paid-up capital to ₹14,55,94,480.

*this image is generated using AI for illustrative purposes only.
Z-Tech (India) Limited reported a net profit of ₹3586 lakh for the financial year ended March 31, 2026, a significant increase from ₹1961 lakh in the previous year. Revenue from operations for the year stood at ₹15579 lakh, up from ₹9440 lakh in FY25, primarily driven by the Sustainable Theme Park Development segment. The company’s board approved these audited financial results on May 20, 2026. The National Stock Exchange of India (NSE) has granted listing and trading approval for 1,01,200 equity shares arising from the conversion of warrants, effective July 07, 2026.
The company’s standalone financial statements received an unqualified opinion from its statutory auditor, M/s NAV & Co LLP. The auditor confirmed that the financial statements give a true and fair view of the company's state of affairs as at March 31, 2026. The report also highlighted that the company has adequate internal financial controls over financial reporting that were operating effectively during the period.
Financial Performance
For the quarter ended March 31, 2026, the company reported a profit of ₹1914 lakh, compared to ₹850 lakh in the same period last year. Total income for the quarter increased to ₹6272 lakh from ₹3502 lakh in the corresponding quarter of the previous year. The half-year ended March 31, 2026, also showed strong performance with a profit of ₹2676 lakh on a total income of ₹10499 lakh.
| Metric | FY26 (₹ in Lakhs) | FY25 (₹ in Lakhs) |
|---|---|---|
| Revenue from Operations | 15579 | 9440 |
| Total Income | 16139 | 9479 |
| Total Expenses | 11668 | 6733 |
| Profit for the Period | 3586 | 1961 |
| Basic EPS (₹) | 24.95 | 16.05 |
Capital Structure and Warrants
During the year, Z-Tech India undertook significant capital restructuring activities. The company allotted 8,55,400 share warrants on a preferential basis at an issue price of ₹575 per warrant. An upfront amount of ₹12.29 crore, representing 25% of the issue price, was received against these warrants. Additionally, the company successfully converted 1,28,000 warrants into equity shares on December 10, 2025.
The balance amount of ₹36.88 crore, representing 75% of the subscription amount for the 8,55,400 warrants, is scheduled to be received within 18 months from the date of allotment. The funds raised are intended for general corporate purposes, capital expenditure in theme parks and the geo-tech segment, and working capital requirements.
Listing Approval
Pursuant to the conversion of warrants, the Issued, Paid-up, Admitted and Listed Equity Share Capital of the company has increased from ₹14,45,82,480 (consisting of 1,44,58,248 equity shares of face value of ₹10 each) to ₹14,55,94,480 (consisting of 1,45,59,448 equity shares of face value of ₹10 each). The 1,01,200 equity shares, with distinctive numbers ranging from 14458249 to 14559448, are subject to a lock-in period until January 10, 2027.
Segment Performance and CSR
The company operates through three primary segments: Geo Technical Solutions, Industrial Waste Water Management, and Creative Park Development. The Sustainable Theme Park Development segment was the top contributor, generating revenue of ₹11261 lakh in FY26. The Other Segment Business contributed ₹4318 lakh to the total revenue.
Z-Tech India also exceeded its Corporate Social Responsibility (CSR) obligation for the financial year. The company was required to spend ₹28.60 lakh but incurred an eligible expenditure of ₹29.50 lakh, primarily towards its environmental sustainability project "Asha Deep" in Faridabad.
Historical Stock Returns for Z-Tech India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.02% | -8.17% | -15.18% | -8.70% | -12.02% | +397.62% |
Will the growth in the Sustainable Theme Park Development segment be sustained into FY27, and what are the expansion plans for this vertical?
How will the company utilize the remaining ₹36.88 crore from warrant conversions to drive growth in the geo-tech segment?
What impact will the dilution from the warrant conversions have on the company's earnings per share (EPS) going forward?

































