
Zuari Industries Limited (ZUARIIND.NS)
ValueMarkers Composite Index
83% below intrinsic value ($18)
Zuari Industries Limited (ZUARIIND.NS) — VMCI valuation read
Composite valuation read on ZUARIIND.NS: VMCI 47/100 against a Industrials sector median of 50. The 3-point below-median print is the headline number for Zuari Industries Limited, and at the mid-cap tier it reflects how the five pillars combine into a single decision-grade score.
Trailing 30-day insider activity for ZUARIIND.NS: nothing material on SEC EDGAR. With the Form 4 channel quiet, the price-vs-DCF gap and the trailing margin trend carry more weight in the active read.
**Investor frame.** Value, quality, risk in three lines on ZUARIIND.NS: ZUARIIND.NS trades at 19.0x earnings, 6% above the Industrials median of 18.0x; ROIC of 9.0% trails the Industrials median (10.0%) by 1.0pp; net debt to EBITDA of -0.5x leaves covenant headroom. EV/EBITDA at 14.0x versus 12.0x for Industrials closes the value frame.
ZUARIIND.NS rose 3.3% over the trailing 7 days, with a -21.1% read on a 30-day basis.
Zuari Industries Limited engages in agriculture, heavy engineering, infrastructure, lifestyle, and services businesses in India. It operates through eight segments: Engineering Services, Furniture, Real Estate, Sugar, Power, Investment Services, Ethanol, and Management Services. The Engineering Services segment provides technology, basic engineering, detailed engineering, project management, procurement, and construction services to chemical, fertilizer, oil and gas, petrochemical, power, engineering, contracting, and other infrastructure projects. The Furniture segment manufactures, sells, and trades in furniture products. The Real Estate segment engages in the development of real estate projects. The Sugar segment extracts, manufactures, and sells sugar. The Power segment is involved in the co-generation of power using by-products, such as bagasse. The Investment Services segment provides capital market-related services. The Ethanol Plant segment manufactures ethanol using molasses. The Management Services segment offers management consultancy, manpower outsourcing, and related services. In addition, the company provides insurance solutions to individuals and corporates as insurance brokers; and stock and commodity broking, depository participant, portfolio management, and registrar and share transfer agent services, as well as distributes mutual fund products. The company was formerly known as Zuari Global Limited and changed its name to Zuari Industries Limited in June 2022. Zuari Industries Limited was incorporated in 1967 and is based in Gurugram, India.
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