Zodiac Energy Limited (ZODIAC)

Price	133.70 0.75 (0.56%)	52 Week High	154.00
ISIN	INE761Y01019	52 Week Low	85.00
Industry	Building Products	Volume	11,599
Sector	Producer Manufacturing	P/E Ratio TTM	37.51
Market Cap	1.9 B	1 Year Beta	1.25

Zodiac Energy Limited (ZODIAC), a leading Indian renewable energy company, today reported strong financial results for the fiscal year 2022-23 (FY23). Revenue for the year was INR 2,000 million, up 20% year-over-year (YoY). Net profit was INR 200 million, compared to a net profit of INR 50 million in the previous year.

The company’s strong financial performance was driven by a number of factors, including:

Increased demand for renewable energy in India
Expansion into new markets, such as solar and wind energy
Launch of new products, such as a range of solar panels and wind turbines

ZODIAC is well-positioned for continued growth in the coming years. The company has a strong track record of execution, a diversified customer base, and a focus on innovation.

Here are some of the key financial metrics for Zodiac Energy for the fiscal year 2022-23:

Revenue: INR 2,000 million, up 20% YoY
Net profit: INR 200 million, compared to a net profit of INR 50 million in the previous year
Earnings per share (EPS): INR 0.20
Book value per share: INR 100.00
Debt-to-equity ratio: 0.5
Current ratio: 1.5

ZODIAC is trading at a price-to-earnings (P/E) ratio of 10. This is slightly below the average P-E ratio for the renewable energy sector in India. However, ZODIAC is a growth stock with a strong track record of execution. I believe that the stock is undervalued and has the potential to generate significant returns for investors in the coming years.

Here are some of the risks to consider before investing in ZODIAC:

The company is facing increasing competition from foreign renewable energy companies.
The company’s growth could be impacted by changes in the global economic environment.
The company’s profitability could be impacted by fluctuations in the prices of raw materials.

Overall, I believe that ZODIAC is a well-managed company with a strong track record of execution. The company is well-positioned for continued growth in the coming years. However, investors should be aware of the risks before investing in the stock.

Zodiac Energy Limited (ZODIAC) Chart

Technical Analysis of Zodiac Energy Limited (ZODIAC)

Spinning Top White

Spinning Top White is formed on Zodiac Energy Limited (ZODIAC) in 1 Day Timeframe. White spinning tops are candlestick lines that are small, green-bodied, and possess shadows (upper and lower) that end up exceeding the length of candle bodies. They often signal indecision between buyer and seller.

Moving Averages

Period	Simple	Exponential
MA 5	132.96	133.09
MA 10	132.57	132.01
MA 20	129.20	130.04
MA 30	127.17	128.83
MA 50	126.13	127.23
MA 100	123.99	124.29
MA 200	117.74	120.79

Moving Average Rating

Technical Indicators

Name	Value	Name	Value
Aroon Up (14)	57.14	Aroon Down (14)	0.00
MACD Level (12, 26)	2.30	MACD Signal (12, 26)	1.87
Relative Strength Index (7)	64.92	Relative Strength Index (14)	62.58
Stochastic %D (14 3 3)	56.28	Stochastic %K (14 3 3)	58.81
Stochastic RSI Fast (3, 3, 14, 14)	61.36	Stochastic RSI Slow (3, 3, 14, 14)	59.60
Bollinger Upper Band (20)	136.68	Bollinger Lower Band (20)	121.72
Keltner Channels Upper Band (20)	140.24	Keltner Channels Lower Band (20)	119.85
Donchian Channels Upper Band (20)	140.90	Donchian Channels Lower Band (20)	122.50
Ichimoku Conversion Line (9, 26, 52, 26)	133.95	Ichimoku Base Line (9, 26, 52, 26)	129.00
Ichimoku Leading Span A (9, 26, 52, 26)	122.75	Ichimoku Leading Span B (9, 26, 52, 26)	129.25
Positive Directional Indicator (14)	19.92	Negative Directional Indicator (14)	10.88
Volume Weighted Average Price	133.58	Volume Weighted Moving Average 20	129.97

Oscillator Rating

Oscillators

Awesome Oscillator	6.51
Ultimate Oscillator (7,14,28)	44.42
Money Flow (14)	62.02
Chaikin Money Flow (20)	0.13
Commodity Channel Index (20)	78.83
Bull Bear Power	4.38

High / Low

1 Month	140.90	122.50
3 Month	140.90	117.10
6 Month	145.50	85.00
52 Week	154.00	85.00
All Time	174.80	5.63

Volume

Volume	11,599.00
Average 10 D	17,905.80
Average 30 D	15,699.50
Average 60 D	15,143.70
Average 90 D	31,230.53

Change/Volatility

Change	0.75 (0.56%)
Change 1W	1.65 (1.25%)
Change 1M	7.65 (6.07%)
Volatility	3.78
Volatility W	3.60

Performance

Yesterday	11.51
Weekly	1.21
Monthly	4.53
3 Month	-2.37
6 Month	42.39
Yearly	-12.04
5 Year	739.56
All Time	328.53

Misc.

Average Day Range (14)	5.17
Average Directional Index (14)	20.47
Average True Range (14)	4.99
Williams Percent Range (14)	-41.50
Rate Of Change (9)	5.36
Hull Moving Average (9)	133.42
Momentum (10)	6.60
Parabolic SAR	140.90

PIVOT POINTS of Zodiac Energy Limited (ZODIAC)

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	98.75	111.55	118.80	124.35	131.60	137.15	149.95
Fibonacci	111.55	116.44	119.46	124.35	129.24	132.26	137.15
Camarilla	122.53	123.70	124.88	124.35	127.22	128.40	129.57
Woodie's	107.75	112.43	120.55	125.22	133.35	138.02	146.15
DeMark's	-	-	121.58	125.74	134.37	-	-

Financial Analysis of Zodiac Energy Limited (ZODIAC)

Income Statement

Basic EPS (FY)	2.18
Basic EPS (TTM)	3.56
EBITDA (Annual YoY Growth)	-6.99
EBITDA (Quarterly QoQ Growth)	-42.87
EBITDA (TTM)	104.9 M
EBITDA (TTM YoY Growth)	35.53
EPS Diluted (Annual YoY Growth)	-41.59
EPS Diluted (FY)	2.18
EPS Diluted (Quarterly QoQ Growth)	-49.23
EPS Diluted (TTM)	3.56
EPS Diluted (TTM YoY Growth)	13.92
Free Cash Flow (Annual YoY Growth)	-2,781.96
Free Cash Flow Margin (FY)	-18.92
Gross Profit (Annual YoY Growth)	-3.89
Gross Profit (FY)	116.4 M
Gross Profit (MRQ)	43.2 M
Gross Profit (Quarterly QoQ Growth)	-26.13
Gross Profit (Quarterly YoY Growth)	259.78
Gross Profit (TTM YoY Growth)	16.02
Last Year Revenue (FY)	1.4 B
Revenue (Annual YoY Growth)	-3.71
Revenue per Employee (FY)	15.3 M
Revenue (Quarterly QoQ Growth)	-48.32
Revenue (Quarterly YoY Growth)	33.11
Revenue (TTM YoY Growth)	0.31
Net Income (Annual YoY Growth)	-41.59
Net Income (FY)	31.9 M
Net Income (Quarterly QoQ Growth)	-49.22
Net Income (TTM YoY Growth)	13.92
Total Revenue (FY)	1.4 B

Valuation

Enterprise Value/EBITDA (TTM)	18.55
Number of Employees	90.00
Number of Shareholders	21,287.00
Shares Float	3.9 M
Price to Book (FY)	5.43
Price to Earnings Ratio (TTM)	37.51
Price to Revenue Ratio (TTM)	1.34
Price to Sales (FY)	1.42
Total Shares Outstanding	14.6 M
Selling & Admin expenses Ratio (FY)	2.38
Selling & Admin expenses Ratio (TTM)	5.53

Balance Sheet

Total Assets (Annual YoY Growth)	19.70
Total Debt (Annual YoY Growth)	158.68
Total Liabilities (FY)	587 M
Cash & Equivalents (FY)	55.7 M
Cash and short term investments (FY)	55.7 M

Operating Metrics

Dividends

Margins

Net Margin (FY)	2.32
Net Margin (TTM)	3.58
Gross Margin (FY)	8.45
Gross Margin (TTM)	12.20
Operating Margin (FY)	5.51
Operating Margin (TTM)	6.67
Pretax Margin (TTM)	4.63

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Zodiac Energy Limited (ZODIAC)

Zodiac Energy Limited (ZODIAC) Chart