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Zenotech Laboratories Limited (532039) Fair Value & Analysis

Other · IN · Market cap ₹2.1B

ZL Zenotech Laboratories Limited 532039 · BSE
Price₹45.91
Fair Value₹8.64
Upside-81.2%
Quality52/100
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Evidence: Medium Range ₹8.08 – ₹9.15

Fair value as of: Jul 4, 2026

From 13 valuation models · updated today

Share price +2.7% over the past month.

Price vs Fair Value (12 months)

₹63.81 ₹34.29 Fair Value ₹8.64 Jul 2025 Jul 2026

12‑month range ₹34.29 – ₹63.81 · fair‑value band ₹8.08 – ₹9.15 · the ₹45.91 price screens above the ₹8.64 fair value. As of Jul 4, 2026.

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Analysis

Zenotech Laboratories Limited (532039) currently trades at ₹45.91, while our model-based Fair Value estimate is ₹8.64 — implying the stock looks roughly 81.2% overvalued today. We read business quality at 52/100 (solid quality), in the Other sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: medium).

Over the trailing twelve months, Zenotech Laboratories Limited generated revenue of ₹197M at a net margin of 22.1%. Revenue declined 58.8% year over year. It earns a return on equity of 9.7%. Net debt stands at ₹35.9M. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) ₹197M
Revenue growth (YoY) -58.8%
Net margin 22.1%
Return on equity 9.7%
Free cash flow ₹18.8M FY2026
P/E ratio 38.9
More key figures
Operating margin -13.5%
EPS (TTM) ₹0.7090
Net debt ₹35.9M FY2022

Figures from reported company fundamentals (EODHD) · as of Jul 4, 2026. TTM = trailing twelve months.

About the company

Zenotech Laboratories Limited operates as a pharmaceutical specialty generic injectables company in India. The company manufactures oncology, biotechnology, and general injectable products, such as granulocyte-colony stimulating factor (GCSF) and granulocyte-macrophage colony-stimulating factor (GMCSF). Its injectable product portfolio primarily serves therapy areas, such as oncology and anesthesiology. The company was formerly known as Sunline Technologies Limited and changed its name to Zenotech Laboratories Limited in August 2004. Zenotech Laboratories Limited was incorporated in 1989 and is based in Hyderabad, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Zenotech Laboratories Limited reported revenue of ₹396M in FY2026 versus ₹366M in FY2022, a compound +2.0%/yr. Reported net income was −₹10.7M in FY2026.

Revenue +2.0%/yr
FY22 ₹366M
FY23 ₹424M
FY24 ₹408M
FY25 ₹430M
FY26 ₹396M
Net income
FY22 ₹222M
FY23 ₹116M
FY24 ₹83.0M
FY25 ₹56.1M
FY26 −₹10.7M

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Frequently asked questions

Is Zenotech Laboratories Limited (532039) undervalued?
As of Jul 4, 2026, our model estimates a fair value of ₹8.64 versus a price of ₹45.91 — about −81% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 532039?
Our model-based fair value for Zenotech Laboratories Limited is ₹8.64 (as of Jul 4, 2026), built from audited fundamentals. The current price is ₹45.91.
What is the quality score of 532039?
Zenotech Laboratories Limited has a Quality Score of 52/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Zenotech Laboratories Limited (532039)?
Zenotech Laboratories Limited reported trailing-twelve-month revenue of about ₹197M (latest available figure, as of Jul 4, 2026).
What is the net profit margin of 532039?
The net profit margin of Zenotech Laboratories Limited is about 22.1%, meaning it keeps roughly 22.1% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.