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Zeal Aqua Limited (ZEAL) Fair Value & Analysis

Consumer Defensive · IN · Market cap ₹1.4B

ZA Zeal Aqua Limited ZEAL · BSE
Price₹11.39
Fair Value₹24.65
Upside+116.4%
Quality55/100
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Evidence: High Range ₹16.32 – ₹31.18

Fair value as of: Jul 6, 2026

From 24 valuation models · updated today

Share price −5.9% over the past month.

Price vs Fair Value (12 months)

₹16.68 ₹9.32 Fair Value ₹24.65 Jul 2025 Jul 2026

12‑month range ₹9.32 – ₹16.68 · fair‑value band ₹16.32 – ₹31.18 · the ₹11.39 price screens below the ₹24.65 fair value. As of Jul 6, 2026.

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Analysis

Zeal Aqua Limited (ZEAL) currently trades at ₹11.39, while our model-based Fair Value estimate is ₹24.65 — implying the stock looks roughly 116.4% undervalued today. We read business quality at 55/100 (solid quality), in the Consumer Defensive sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Zeal Aqua Limited generated revenue of ₹6.7B at a net margin of 2.1%. Revenue grew 46.1% year over year. It earns a return on equity of 14.7%. Net debt stands at ₹1.9B. Fundamentals as of Jul 6, 2026

Our scenario range runs from ₹16.32 (bear case) to ₹31.18 (bull case); at ₹11.39, the current price sits below that range. The share trades about 36% below its 52-week high and 30% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -17% fair-value upside — at 116%, ZEAL screens cheaper than that median.

Key figures & financial health

Revenue (TTM) ₹6.7B
Revenue growth (YoY) +46.1%
Net margin 2.1%
Return on equity 14.7%
Free cash flow ₹305M FY2026
P/E ratio 10.2
More key figures
Operating margin 5.3%
EPS (TTM) ₹1.12
EPS growth (YoY) +254%
Net debt ₹1.9B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 6, 2026. TTM = trailing twelve months.

About the company

Zeal Aqua Limited, an aquaculture company, engages in the farming, developing, and harvesting of prawns in India. The company also trades in shrimp seeds, feeds, and medicines. It also exports its products. The company was incorporated in 2009 and is based in Surat, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Zeal Aqua Limited reported revenue of ₹6.7B in FY2026 versus ₹3.5B in FY2022, a compound +17.9%/yr. Reported net income was ₹141M in FY2026, compounding +25.2%/yr from FY2022.

Revenue +17.9%/yr
FY22 ₹3.5B
FY23 ₹3.6B
FY24 ₹4.0B
FY25 ₹5.1B
FY26 ₹6.7B
Net income +25.2%/yr
FY22 ₹57.5M
FY23 ₹70.5M
FY24 ₹82.7M
FY25 ₹101M
FY26 ₹141M

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Cite: Fair Value Calculator (2026). "Zeal Aqua Limited Fair Value". https://www.fairvalue-calculator.com/stock/ZEAL

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Frequently asked questions

Is Zeal Aqua Limited (ZEAL) undervalued?
As of Jul 6, 2026, our model estimates a fair value of ₹24.65 versus a price of ₹11.39 — about +116% (undervalued). Model-based estimate, not financial advice.
What is the fair value of ZEAL?
Our model-based fair value for Zeal Aqua Limited is ₹24.65 (as of Jul 6, 2026), built from audited fundamentals. The current price is ₹11.39.
What is the quality score of ZEAL?
Zeal Aqua Limited has a Quality Score of 55/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Zeal Aqua Limited (ZEAL)?
Zeal Aqua Limited reported trailing-twelve-month revenue of about ₹6.7B (latest available figure, as of Jul 6, 2026).
What is the net profit margin of ZEAL?
The net profit margin of Zeal Aqua Limited is about 2.1%, meaning it keeps roughly 2.1% 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.

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