Zodiac Energy Ltd
ZODI

Zodiac Energy Ltd (ZODIAC)

₹91.74.98%

Key Stats

₹91.7
Day's Price Range
₹97.1
₹13.95
52-Week Price Range
₹174.8
1 Month Return-18.33 %
3 Month Return16.54 %
1 Year Return410.58 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 37
EPS
Rank 37
BVPS
Rank 38
Dividend Yield
Rank 14
ROE
Rank 5
17.48%
Price To Book Ratio
Rank 26
Debt To Asset
Rank 38

Company Information

Zodiac Energy Limited was originally incorporated as a private limited company with the name Zodiac Genset Private Limited at Ahmedabad on May 22 1992. Subsequently the name of the company was changed to Zodiac Energy Private Limited on April 30 2007. Consequently upon the conversion of the Company into public limited company the name of the Company was changed to Zodiac Energy Limited on August 29 2017. In 1991 The New Industrial Policy announced by the then Finance minister Dr. Manmohan Singh which opened gateways for small scale industries resulting into demand of standby electrical power surged in Gujarat. To grab the opportunity the promoter director Mr. Kunjbihari Shah who was having experience in dealing of Diesel Generator sets floated the company in the year 1992 and started its journey by assembling of Diesel Generating Sets to cater the Gujarat and nearby markets.During 19932000 India was undergoing telecom revolution due to introduction of CDOT technology by Dr. Sam Pitroda and Department of Telecom planned to install Telephone exchanges in every village of the country. This expansion drive of DOT needs huge quantity of Diesel Generator DG Sets and the company have worked extensively with DOT to supply installation of DG Sets in telephone exchanges in the region of Gujarat and Maharashtra. In the year 1998 the company received appreciation letter from DoT for very good performance among the DG EA Set suppliers in the country.Simultaneously since 1997 mobile telephony was a buzzword across the globe and in the continuation of telecom revolution many new licenses for mobile telephony were auctioned by Govt. and many players have started their operations and the company catered their need for DG Sets for backup power for their Main Switching Centres and Mobile tower sites in Gujarat. Among the prominent clients of the company was FASCEL ltd. Now Vodafone Airtel Birla ATT Now IDEA Tata Teleservices etc.The western India is blessed with availability of Natural Gas and during 20022010 the availability and prices of natural gas were favourable for Industries for captive power generation through natural gas and hence the company started giving EPC solutions for natural gas based captive/cogeneration power plants. The company installed 1.4 MW captive power plant with cogeneration at AMUL Dairy Aanand on Build Own Operate and Transfer BOOT basis. It was first of its kind project in the country and the total investment and operation and maintenance responsibility rest on the company. After that the company installed many captive/cogeneration power plants across the country on natural gas BioGas STP Gas etc. With support from Clarke Energy India Limited Distributors for GE Jenbacher Gas Engine in India and M/s. GMMCO Limited distributors for CATERPILLAR gas generators in India.In this journey of 25 years from 19922017 The Company installed more than 150 MW of diesel and gas based generators/power plants pan India. In 2012 the company started working in designing and engineering of process equipment and also started manufacturing of process equipment in small scale. The company has worked with many prominent national and international players like Ingersoll Rand ITT Borsig Germany Croll Raynolds Inc. USA Mazda Ltd. Mobile Communications India Limited LT ltd. Etc.In 201213 the company started working in solar power and started dealing in Solar water heaters and offgrid and ongrid solar PV power plant and became accredited channel partner of Ministry of New and Renewable Energy MNRE Govt. Of India by getting SP 3B which indicates Moderate Performance Capacbility and Moderate Financial Strength Grading scale SP 1A to SP 5C solar grading from CARE ratings. Subsequently in 2016 the solar Grading of the company increased to SP2C which indicates High Technical Capability and Moderate Financial Strength Grading Scale SP 1A to SP 5E by Brickwork ratings. The company is also MNRE approved manufacturer of solar water heaters.The Company has installed solar power plants for many prominent clients like SunEdison India Limited Adani Group Torrent Power Ltd. Gujarat Energy development Agency Reserve bank of India Directorate of Lighthouse and Lightships GoI Indian Oil Corporation Limited to name a few. The company has installed more than 6000 KW of Rooftop solar power plants till now and it envisages to reach at 10000 KW by end of 201718.Zodiac Energy is an Energy Solution Provider company having experience in majority of verticals of power generations spectrum. The Spectrum of services are including Design supply installation Testing and Commissioning EPC and Operation and Maintenance OM in short the company provides turnkey solutions from concept to commissioning of power plants.
OrganisationZodiac Energy Ltd
HeadquartersAhmedabad
IndustryInfrastructure Developers & Operators