ZUARI
Zuari Agro Chemicals Limited
Each stock's 10,000-path forecast, rendered as light.
Zuari Agro Chemicals Limited (ZUARI) Stock Analysis & Case Study
Is ZUARI a good buy? The data-driven verdict.
Zuari Agro Chemicals Limited (ZUARI) trades at ₹228,on the numbers it worth a closer look, a Downstox Snapshot Score of 60/100.
On the numbers, Zuari Agro Chemicals Limited (ZUARI) worth a closer look, a Downstox Snapshot Score of 60/100, weighing inexpensive at 3.1× earnings, ROE of 15.1%, a 50% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
ZUARI fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How ZUARI ranks against the 2,373 companies in our screener
- ZUARI's market cap of 957 Cr ranks in the 38th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ZUARI's book value of ₹497 ranks in the 90th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ZUARI's promoter holding of 65.2% ranks in the 63rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ZUARI's 3-year profit (PAT) growth of 34.0% ranks in the 73rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ZUARI's 3-year revenue growth of -11.0% ranks in the 9th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ZUARI's debt-to-equity ratio of 0.31x is lower than 50% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is ZUARI overvalued? ZUARI P/E vs peers
ZUARI trades at 3.1× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
ZUARI share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of ZUARI history (3%/yr drift, 49%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| ZUARI 2027 | ₹122 | ₹228 | ₹426 | +0% |
| ZUARI 2028 | ₹94 | ₹228 | ₹552 | +0% |
| ZUARI 2029 | ₹77 | ₹228 | ₹677 | +0% |
| ZUARI 2030 | ₹64 | ₹228 | ₹808 | +0% |
| ZUARI 2031 | ₹56 | ₹228 | ₹922 | +0% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability ZUARI goes up, or doubles?
The bull case for ZUARI
- ZUARI's P/E of 3.1x is lower than 95% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Low price-to-book of 0.46×, the market is paying little over the company's net assets.
- ZUARI's return on equity of 15.1% ranks in the 72nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹677.
The bear case & risks
- High historical volatility (49%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹77.
ZUARI volatility & expected range, how bumpy is the ride?
Over the last 9.8 years ZUARI compounded at 3%/year with annualized volatility of 49%. That volatility implies a 1-year 80% range of ₹122-₹426, the honest backbone behind any single price target.
ZUARI price forecast, the full 60-month probability fan
ZUARI price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds ZUARI hits common targets within the simulated horizon?
Full multi-horizon detail on the ZUARI price target & forecast page.
ZUARI Piotroski F-Score: 4/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. ZUARI scores 4/8, mixed financial health.
ZUARI MTF margin & leverage across 6 brokers
Margin Trading Facility lets you buy ZUARI with part of the capital. Lower margin % = higher leverage. Rates compared across 6 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| ZerodhaCHEAPEST | 37.08% | 2.7× |
| Groww | 37.33% | 2.7× |
| Dhan | 50.00% | 2.0× |
| Kotak Neo | 100.00% | 1.0× |
| Pocketful | 37.77% | 2.6× |
| Share India | 37.28% | 2.7× |
Compare every broker on the ZUARI MTF page.
About Zuari Agro Chemicals Limited: sector, index & market-cap context
Zuari Agro Chemicals Limited (ZUARI) is a small-cap NSE-listed company, with a market capitalisation of ₹957 Cr. See more stocks on our screener.
How the ZUARI Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Zuari Agro Chemicals Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
ZUARI analysis, FAQs
Is Zuari Agro Chemicals Limited (ZUARI) a good buy?
On the numbers, Zuari Agro Chemicals Limited (ZUARI) worth a closer look, a Downstox Snapshot Score of 60/100, weighing inexpensive at 3.1× earnings, ROE of 15.1%, a 50% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is ZUARI overvalued or undervalued?
ZUARI trades at 3.1× earnings, inexpensive versus the ~22× long-run Nifty average.
What is the ZUARI share price target for 2031?
ZUARI's probability-weighted 2031 median target is ₹228, with an 80% range of ₹56-₹922 (10,000-path Monte-Carlo).
What is the probability ZUARI doubles in 5 years?
The modelled probability of ZUARI reaching ₹455 (2×) within 5 years is 27%.
What is the bull case for ZUARI?
ZUARI's P/E of 3.1x is lower than 95% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. Low price-to-book of 0.46×, the market is paying little over the company's net assets. ZUARI's return on equity of 15.1% ranks in the 72nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
What are the risks in ZUARI?
High historical volatility (49%/yr) means a wide, bumpy range of outcomes, size positions accordingly.