The shares of civil engineering products manufactured hit 5 percent upper circuit after the company emerged as the H1 Bidder for Design, Engineering & Development of Waste-to-Art World Park at Ognaj worth Rs 20 crore.
Price Movement
With a market capitalization of Rs 738.72 crore, the shares of Z-Tech (India) Ltd were trading at Rs 577.25 per share, increasing around 4.99 percent as compared to the previous closing price of Rs 549.80 apiece.
Reason for Rise
The shares of Z-Tech (India) Ltd have seen positive movement after winning a Rs 20 crore project from Amdavad Municipal Corporation under the PPP model to design, develop, and manage the Waste-to-Art World Park in Ahmedabad for 20 years. AMC will fund 75 percent of the cost, while Z-Tech will contribute the remaining 25 percent.
This milestone project reinforces Z-Tech (India) Limited’s commitment to impactful infrastructure development with key public authorities. Its successful execution will drive company growth while setting a new benchmark in sustainable infrastructure, highlighting our dedication to excellence and innovation in the sector.
Financial performance
Examining the company’s financial condition, revenue jumped by 54 percent from Rs 15.83 crore in Q3FY24 to Rs 24.14 crore in Q3FY25, and during the same time frame, net profit stretched by 442 percent from Rs 1.06 crore to Rs 5.75 crore.
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Recent Developments
The company recently opened Shivalaya Park in Prayagraj, inaugurated by the Prime Minister, drawing 450,000 visitors in two months. It also launched two parks in Pimpri-Chinchwad—a dinosaur-themed park and a car evolution selfie park along with Harmony Park in Lucknow, featuring a musical theme and a sports arena.
Order Book and Future Guidance
The company has a total order book of Rs 154 crores, with 49 ongoing projects and 23 upcoming theme parks. Geotechnical orders are expected to be executed in 18 months. It aims for Rs 100-110 crores in FY25 revenue and Rs 20 crores in PAT, driven by strong upcoming project revenues.
Margin Guidance
The company anticipates higher margins driven by opening more parks under revenue-sharing models. Further margin expansion is expected as additional parks launch and operational rights are secured, strengthening profitability. This strategy enhances revenue streams while optimizing costs, ensuring sustained growth and improved financial performance in the coming periods.
Company Profile
Ztech India Limited designs civil engineering products and services in the areas of infrastructure and civil construction in India. This includes a range of techniques, methodologies, and technologies aimed at optimising the performance and stability of structures built on or in the ground.
Written by Abhishek Singh
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