ZENLABS

Zenlabs Ethica financials

Market cap
₹19 Cr

Quarterly results

Q1 FY27: revenue up 23.5%, net profit down 2000.0% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue13 13 13 11 12 −7%12 −2%11 −19%14 +24%
EBITDA1 1 1 1 0 −27%1 −24%0 −59%-0 −153%
Net profit0 0 0 0 0 −20%-2 −2333%0 −100%-1 −2000%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +3.1% 1Y

₹20.0₹25.0₹30.0₹35.0Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹31.78 on 9 Sept 2025 → ₹32.77. High ₹38.2 (1 Jun 2026), low ₹17.17 (24 Mar 2026).

Financials, as filed

Revenue fell 10.5% a year over 2 years, FY24 to FY26. Operating margin held at 3.8%.

Year endingFY24FY25FY26
Revenue₹59 Cr₹51 Cr₹47 Cr
Operating profit₹2 Cr₹3 Cr₹2 Cr
Operating margin4.1%5.0%3.8%
Interest₹1 Cr₹1 Cr₹1 Cr
Depreciation₹1 Cr₹1 Cr₹1 Cr
Net profit₹0 Cr₹0 Cr₹-2 Cr
Net margin0.7%0.5%-4.1%
Cash from operations₹-9 Cr₹4 Cr₹4 Cr
Free cash flow₹-9 Cr₹4 Cr₹4 Cr
ROCE7.0%5.7%5.1%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹7 Cr₹7 Cr₹7 Cr₹7 Cr₹7 Cr₹7 Cr
Reserves₹2 Cr₹3 Cr₹3 Cr₹4 Cr₹4 Cr₹2 Cr
Borrowings₹3 Cr₹4 Cr₹6 Cr₹15 Cr₹10 Cr₹11 Cr
Other liabilities₹21 Cr₹25 Cr₹28 Cr₹15 Cr₹20 Cr₹18 Cr
Total liabilities₹32 Cr₹38 Cr₹44 Cr₹40 Cr₹40 Cr₹37 Cr
Fixed assets₹4 Cr₹4 Cr₹5 Cr₹4 Cr₹2 Cr₹2 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹0 Cr
Other assets₹28 Cr₹34 Cr₹38 Cr₹36 Cr₹38 Cr₹35 Cr
Total assets₹32 Cr₹38 Cr₹44 Cr₹40 Cr₹40 Cr₹37 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

The ownership split has held steady since Jun 2025. The shareholder count grew 3% to 2,717.

Promoters
53.0%
Public
47.0%

Since Jun 2025

  • Public +0.01 pp
  • Promoters 0.00 pp

How it drifted, 12 quarters

Over this window the public went from 40.9% to 47.0% — +6.2 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 59.1%, Public 40.9%.Dec '23: Promoters 59.1%, Public 40.9%.Mar '24: Promoters 53.0%, Public 47.0%.Jun '24: Promoters 53.0%, Public 47.0%.Sep '24: Promoters 53.0%, Public 47.0%.Dec '24: Promoters 53.0%, Public 47.0%.Mar '25: Promoters 53.0%, Public 47.0%.Jun '25: Promoters 53.0%, Public 47.0%.Sep '25: Promoters 53.0%, Public 47.0%.Dec '25: Promoters 53.0%, Public 47.0%.Mar '26: Promoters 53.0%, Public 47.0%.Jun '26: Promoters 53.0%, Public 47.0%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Zenlabs Ethica Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Preet Remedies Limited 26.58%unchanged
Sanjay Dhir 13.18%unchanged
Sanjeev Kumar Singal 13.17%unchanged
Hitesh Popatlal Oswal 6.79%unchanged
IEPF Authority 2.48%unchanged
B S Mallikarjuna 2.14%unchanged
Bhasakarrai Kanyalal Bhatt 1.86%unchanged
Himjyoti 0.02%unchanged
Harjinder Kaur 0.02%unchanged
Daman Singhal 0.00%unchanged
Kulwant Kaur 0.00%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Learn to analyse Zenlabs Ethica Limited

Guides on how to read this kind of business and the numbers that matter.