Zodiac Energy Limited Reports Strong FY26 Financial Performance with Robust Revenue Growth
Zodiac Energy Limited announced its standalone financial results for the financial year 2025-26, delivering strong operational growth and sustained profitability driven by robust performance in its Solar EPC and photovoltaic module business.
The company reported a significant rise in revenue from operations to ₹543.52 crore in FY26 as against ₹407.78 crore in FY25, registering an impressive year-on-year growth of nearly 33 percent. Total income also increased to ₹545.94 crore compared to ₹409.67 crore in the previous financial year, reflecting continued business expansion and increasing demand in the renewable energy sector.
Profitability remained strong during the year, with Profit Before Tax (PBT) rising to ₹29.23 crore from ₹27.53 crore in FY25. Profit After Tax (PAT) improved to ₹21.07 crore compared to ₹19.97 crore in the previous year. Earnings Per Share (EPS) increased to ₹13.94 from ₹13.38, highlighting improved value creation and stronger shareholder returns.
The company also delivered a particularly strong performance during the fourth quarter ended March 31, 2026. Quarterly revenue stood at ₹211.12 crore against ₹171.34 crore in Q4 FY25, reflecting strong order execution and healthy market demand. Quarterly PAT increased to ₹10.63 crore from ₹9.44 crore, while quarterly EPS rose to ₹7.03 compared to ₹6.18 in the corresponding quarter last year.
Zodiac Energy Limited continues to operate primarily through two business segments — Solar Photovoltaic Modules & EPC Contracts and Power Generation. The Solar EPC and module business remains the company’s key growth driver, while the power generation segment continues to contribute stable recurring income.
Commenting on the results, Kunj Shah, Chairman of Zodiac Energy Limited, said:
“The company delivered a strong FY26 performance with robust revenue growth, stable profit expansion, improved shareholder returns, and continued momentum in the renewable energy sector. Growing demand for solar EPC solutions and increasing infrastructure investments continue to support our expansion plans. We remain focused on sustainable growth, operational efficiency, and long-term value creation for stakeholders.”
The Board of Directors has also proposed a dividend of ₹0.75 per equity share, reflecting the management’s confidence in the company’s financial position, cash flow strength, and future growth outlook.
With rising demand for renewable energy solutions across India, Zodiac Energy Limited remains well-positioned to capitalize on opportunities in the fast-growing solar and clean energy sector while continuing to strengthen its operational and infrastructure capabilities.
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