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Zeal Global Services Ltd (ZEAL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: ZEAL Logistics | Small Cap | Zeal Global Services Share Price

BSE Share Price
Not Listed

Zeal Global Services Ltd (ZEAL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: ZEAL Logistics | Small Cap | Zeal Global Services Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹91 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹8.7
TTM Sales
₹285 Cr.
Book Value per Share
₹67.6
P/E Ratio
7.91
Lower than its 5-year historical median
Industry PE
38.9
Price to Book (P/B)
1.02
Lower than its 5-year historical median
Price to Sales (P/S)
0.32
Lower than its 5-year historical median
EV/EBITDA
2.42
Lower than its 5-year historical median
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
20.17%
Outperforms industry median
Return on Capital Employed (ROCE)
24.72%
Outperforms industry median
Return on Assets (ROA)
11.41%
Operating Profit Margin
5.9%
Net Profit Margin
3.91%
Gross Profit Margin
6.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
90.49%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
15.55%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
23.05%
Asset Quality
Promoter Holding
73.40%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹77 Cr.
Equity
₹13.3 Cr.
Face Value
₹10
All Time Low / High
- / -

Zeal Global Services stock performance

Key Ratios
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Check Before You Invest

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M-Cap below 100cr DeciZen not available

Q.1 Is Zeal Global Services Ltd a good quality company?
Zeal Global Services Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

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We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

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How does Zeal Global Services Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Zeal Global Services Ltd vs industry peers?
Zeal Global Services Ltd revenue CAGR is 44.82%, compared to the industry median CAGR of 8.47%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Zeal Global Services Ltd?
Promoters hold 73.40% of the Zeal Global Services Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Zeal Global Services Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of -55.5% based on the current price.
View More

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Zeal Global Services Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation ⓘ

Mar'22Mar'23Mar'24Mar'25TTM
ROCE % ⓘ57.8%57.7%31.8%24.7%-
Value Creation
Index ⓘ		3.13.11.30.8-

Growth Parameters ⓘ
Sales ⓘ121112193368285
Sales YoY Gr.--7.3%72.1%90.5%-
Adj EPS ⓘ2.210.58.910.98.7
YoY Gr.-369.5%-14.9%22.1%-
BVPS (₹) ⓘ4.420.848.158.967.6
Adj Net
Profit ⓘ		5.510.211.914.512
Cash Flow from Ops. ⓘ6.8-923.413.9-
Debt/CF from Ops. ⓘ0.3-1.90.41-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘNANA44.8%90.5%
Adj EPS ⓘNANA69.6%22.1%
BVPSⓘNANA138%22.4%
Share Price - - - -49%

Key Financial Parameters ⓘ

Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity % ⓘ		5166.128.120.313.7
Op. Profit
Mgn % ⓘ		6.313.99.75.9NAN
Net Profit
Mgn % ⓘ		4.59.16.13.94
Debt to
Equity ⓘ		0.20.90.20.2-
Working Cap
Days ⓘ		09686560
Cash Conv.
Cycle ⓘ		0-13-14-70

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Sales121.09112.21193.09367.81
Operating Expenses ⓘ + 113.7397.29174.57346.41
Manufacturing Costs102.8286.22161.64326.14
Material Costs0000
Employee Cost 2.473.454.836.21
Other Costs ⓘ 8.447.618.0914.06
Operating Profit ⓘ 7.3614.9218.5221.40
Operating Profit Margin (%) 6.1%13.3%9.6%5.8%
Other Income ⓘ + 0.180.492.314.42
Exceptional Items ⓘ 0000
Interest ⓘ 0.181.261.931.09
Depreciation ⓘ 0.250.913.135.24
Profit Before Tax ⓘ 7.1213.2415.7719.48
Tax ⓘ 1.883.474.105.12
Profit After Tax 5.249.7711.6714.36
PAT Margin (%) 4.3%8.7%6.0%3.9%
Adjusted EPS (₹)2.210.08.810.8
Dividend Payout Ratio (%)0%0%11.40%0%

Valuation of Zeal Global Services - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 10.6820.2864.0378.40
Share Capital ⓘ 1.959.7713.3113.31
Reserves ⓘ 8.7210.5150.7265.09
Debt +1.8617.259.7214.11
Long Term Debt0.270.180.080.52
Short Term Debt1.5917.079.6413.59
Minority Interest0000
Trade Payables16.1114.9727.5025.63
Others Liabilities ⓘ 1.075.3411.3221.13
Total Liabilities ⓘ 29.7257.84112.56139.26

Fixed Assets

Net Fixed Assets ⓘ +0.499.2218.3918.94
Gross Block1.1510.7923.1028.46
Accumulated Depreciation0.661.574.719.52
CWIP ⓘ 009.025.32
Investments ⓘ 0.230.330.333.87
Inventories0000
Trade Receivables12.8715.7316.4725.21
Cash Equivalents 11.267.2434.5349.33
Others Assets ⓘ 4.8725.3233.8236.60
Total Assets ⓘ 29.7257.84112.56139.26

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity ⓘ + 6.83-9.0223.4113.93
PBT ⓘ 7.1213.2415.7719.48
Adjustment ⓘ 2.262.132.972.59
Changes in Working Capital ⓘ -0.31-22.028.82-3.22
Tax Paid ⓘ -2.24-2.37-4.16-4.93
Cash Flow From Investing Activity ⓘ + -4.54-8.84-42.82-18.66
Capex -0.04-9.64-20.85-2.47
Net Investments -4.680.56-23.90-16.05
Others ⓘ 0.180.251.93-0.14
Cash Flow From Financing Activity ⓘ + 0.1414.3022.883.42
Net Proceeds from Shares ⓘ 0036.460
Net Proceeds from Borrowing ⓘ 0000
Interest Paid ⓘ -0.08-0.94-1.68-0.99
Dividend Paid ⓘ 00-1.330
Others ⓘ 0.2315.23-10.574.40
Net Cash Flow ⓘ 2.43-3.573.47-1.31

Financial Ratio

PARTICULARSMar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)49.1163.1227.6820.17
ROCE (%)57.8257.7131.7624.72
Asset Turnover Ratio4.072.562.272.92
PAT to CFO Conversion(x)1.3-0.922.010.97
Working Capital Days
Receivable Days38.8046.5030.4020.70
Inventory Days0000
Payable Days0000

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Zeal Global Services Ltd FAQs

The current trading price of Zeal Global Services on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Zeal Global Services stood at ₹91.30 Cr

The latest P/E ratio of Zeal Global Services as of 31-Dec-1969 is 7.91.

The latest P/B ratio of Zeal Global Services as of 31-Dec-1969 is 1.02.

The 52-week high of Zeal Global Services is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Zeal Global Services is ₹285 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Zeal Global Services Ltd is a average quality company.

The key valuation ratios of Zeal Global Services Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Zeal Global Services Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Zeal Global Services Ltd

The company was originally incorporated as ‘Zeal Global Services Private Limited’ as a Private Limited Company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated February 13, 2014, issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana. Subsequently, the company was converted into a Public Limited Company pursuant to shareholders resolution passed at Extra-ordinary General Meeting of the company held on March 27, 2023 and the name of the company was changed to ‘Zeal Global Services Limited’. A fresh Certificate of Incorporation consequent upon Conversion from Private Limited Company to Public Limited Company dated April 25, 2023 was issued by the Registrar of Companies, Delhi.

The company is headquartered in Delhi and has presence in major locations such as Delhi and Mumbai. Its international logistics operations are supported by a network of service partners and vendors with whom it enters into agreements that enables it to service client requirements across India and abroad. The company is engaged in the business of providing logistics solutions in the Air Cargo Industry. It has been operating as General Sales and Service Agent (GSSA) and sales partner for airline in the region. The company realizes that clients have specific requirements with regards to their shipments. It therefore spend considerable time with clients individually to understand their specific requirements. Its approach is to bring economical solutions to its client's freighting needs through - excessive aircraft, load and destination compatibility analysis to suit ever changing needs of various industries such as fashion, pharmaceuticals, automotive and industrials.

Its promoters has experience of many years in the air cargo industry. Driven by the passion and commitment to a new way of thinking about GSSA expertise through its ‘Augmented GSSA’ strategy, taking into account its 4 pillars: Commercial, Abilities, Technology and Sustainability for growth and strong value system for the company. With their experience and progressive thinking, it aims to grow in Air Cargo space. Its commitment towards work has helped it attain immense confidence and trust of its clients. It provides services to its clients across countries namely India, China, Middle East, Sri Lanka, Singapore and Malaysia.

Business area of the company

The company is engaged in the business of providing logistics solutions in the Air Cargo Industry.

Services of the company 

  • Cargo carrier service
  • Passenger carrier service

Awards, accreditations or recognitions

  • 2018: Mahatma Gandhi Leadership Award 2018.
  • 2022: Emerging Cargo General Sales Agent of the year at STAT Trade Times Award for Excellence in Air Cargo 2022.

History and milestone

  • 2014: Incorporation of the company in the name of ‘Zeal Global Services Private Limited’.
  • 2015: Appointed as GSSA of MIAT Mangolian Airlines.
  • 2016: Appointed as GSSA of Compania Panamena De Aviacion (COPA).
  • 2016: Appointed as GSSA of Bringer Corporation.
  • 2018: Agreement with Interglobe Aviation Limited for carrying shipments.
  • 2019: Appointed as GSSA of Mercury Air cargo Inc.
  • 2019: Appointed as GSSA of Fits Aviation Private Limited.
  • 2019: Appointed as GSSA of Air Europa Express.
  • 2019: Joint Venture with Teleport Everywhere Pte Ltd. under the name of Teleport Commerce In Pvt Ltd.
  • 2021: Appointed as GSSA of Paragon Hongkong Express Limited.
  • 2022: Agreement with Azerbaijan Hava Yollari CJSC.

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