ZOTA HEALTH CARE 2024-25 Annual Report Analysis

Fri, 26 Sep

ZOTA HEALTH CARE has announced its results for the year ended March 2025. Let us have a look at the detailed performance review of the company during FY24-25.

ZOTA HEALTH CARE Income Statement Analysis

• Operating income during the year rose 62.1% on a year-on-year (YoY) basis.
• The company's operating profit was by NA YoY during the fiscal. Operating profit margins witnessed a growth and stood at 2.1% in FY25 as against 4.2% in FY24.
• Depreciation charges increased by 115.1% and finance costs increased by 125.2% YoY, respectively.
• Other income grew by 109.0% YoY.
• Net profit for the year grew by NA YoY.
• Net profit margins during the year declined from 8.0% in FY24 to 19.4% in FY25.

ZOTA HEALTH CARE Income Statement 2024-25

No. of Mths Year Ending		12 Mar-24*	12 Mar-25*	% Change
Net Sales	Rs m	1,804	2,924	62.1%
Other income	Rs m	12	24	109.0%
Total Revenues	Rs m	1,815	2,948	62.4%
Gross profit	Rs m	76	-61	NA
Depreciation	Rs m	201	432	115.1%
Interest	Rs m	48	108	125.2%
Profit before tax	Rs m	-162	-576	NA
Tax	Rs m	-18	-9	NA
Profit after tax	Rs m	-143	-567	NA
Gross profit margin	%	4.2	-2.1
Effective tax rate	%	11.2	1.6
Net profit margin	%	-8.0	-19.4

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ZOTA HEALTH CARE Balance Sheet Analysis

• The company's current liabilities during FY25 stood at Rs 1 billion as compared to Rs 737 million in FY24, thereby witnessing an increase of 36.5%.
• Long-term debt stood at Rs 50 million as compared to Rs 0 million during FY24, a fall of 0.0%.
• Current assets rose 65% and stood at Rs 2 billion, while fixed assets rose 119% and stood at Rs 2 billion in FY25.
• Overall, the total assets and liabilities for FY25 stood at Rs 4 billion as against Rs 2 billion during FY24, thereby witnessing a growth of 92%.

ZOTA HEALTH CARE Balance Sheet as on March 2025

No. of Mths Year Ending		12 Mar-24*	12 Mar-25*	% Change
Networth	Rs m	900	2,237	148.6
Current Liabilities	Rs m	737	1,006	36.5
Long-term Debt	Rs m	0	50	0.0
Total Liabilities	Rs m	2,239	4,305	92.2
Current assets	Rs m	1,116	1,842	65.0
Fixed Assets	Rs m	1,123	2,463	119.3
Total Assets	Rs m	2,239	4,305	92.2

ZOTA HEALTH CARE Cash Flow Statement Analysis

• ZOTA HEALTH CARE's cash flow from operating activities (CFO) during FY25 stood at Rs -500 million, an improvement of 735.0% on a YoY basis.
• Cash flow from investing activities (CFI) during FY25 stood at Rs -922 million, an improvement of 614.5% on a YoY basis.
• Cash flow from financial activities (CFF) during FY25 stood at Rs 1 billion, an improvement of 671% on a YoY basis.
• Overall, net cash flows for the company during FY25 stood at Rs 26 million from the Rs -1 million net cash flows seen during FY24.

ZOTA HEALTH CARE Cash Flow Statement 2024-25

Particulars	No. of months	12	12	% Change
	Year Ending	Mar-24	Mar-25
Cash Flow from Operating Activities	Rs m	-60	-500	-
Cash Flow from Investing Activities	Rs m	-129	-922	-
Cash Flow from Financing Activities	Rs m	188	1,448	671.0%
Net Cash Flow	Rs m	-1	26	-

Current Valuations for ZOTA HEALTH CARE

• The trailing twelve-month earnings per share (EPS) of the company stands at Rs -19.8, an decline from the EPS of Rs -5.6 recorded last year.
• The price to earnings (P/E) ratio, at the current price of Rs 1,443.5, stands at -76.5 times its trailing twelve months earnings.
• The price to book value (P/BV) ratio at current price levels stands at 19.8 times, while the price to sales ratio stands at 14.1 times.
• The company's price to cash flow (P/CF) ratio stood at -160.5 times its end-of-year operating cash flow earnings.

Per Share Data/Valuations

No. of Mths Year Ending		12 Mar-24*	12 Mar-25*
Sales per share (Unadj.)	Rs	69.8	102.1
TTM Earnings per share	Rs	-5.6	-19.8
Diluted earnings per share	Rs	-4.7	-18.5
Price to Cash Flow	x	0.0	-160.5
TTM P/E ratio	x	0.0	-76.5
Price / Book Value ratio	x	11.8	9.7
Market Cap	Rs m	10,662	21,735
Dividends per share (Unadj.)	Rs	1.0	1.0

Ratio Analysis for ZOTA HEALTH CARE

• Solvency Ratios

Current Ratio: The company's current ratio improved and stood at 1.8x during FY25, from 1.5x during FY24. The current ratio measures the company's ability to pay short-term and long-term obligations.

Interest Coverage Ratio: The company's interest coverage ratio deteriorated and stood at -4.3x during FY25, from -2.4x during FY24. The interest coverage ratio of a company states how easily a company can pay its interest expense on outstanding debt. A higher ratio is preferable.

• Profitability Ratios

Return on Equity (ROE): The ROE for the company declined and down at -25.4% during FY25, from -15.9% during FY25. The ROE measures the ability of a firm to generate profits from its shareholders capital in the company.

Return on Capital Employed (ROCE): The ROCE for the company declined and down at -20.5% during FY25, from -12.6% during FY24. The ROCE measures the ability of a firm to generate profits from its total capital (shareholder capital plus debt capital) employed in the company.

Return on Assets (ROA): The ROA of the company declined and down at -10.7% during FY25, from -4.3% during FY24. The ROA measures how efficiently the company uses its assets to generate earnings.

Key Ratio Analysis

No. of Mths Year Ending		12 Mar-24*	12 Mar-25*
Current ratio	x	1.5	1.8
Debtors’ Days	Days	551	506
Interest coverage	x	-2.4	-4.3
Debt to equity ratio	x	0.0	0.0
Return on assets	%	-4.3	-10.7
Return on equity	%	-15.9	-25.4
Return on capital employed	%	-12.6	-20.5

To see how ZOTA HEALTH CARE has performed over the last 5 years, please visit here.

ZOTA HEALTH CARE Share Price Performance

Over the last one year, ZOTA HEALTH CARE share price has moved down from Rs 0.0 to Rs 0.0, registering a loss of Rs 0.0 or around 0.0%.

Meanwhile, the S&P BSE HEALTHCARE Index is trading at Rs 43,138.9 (down 1.9%). Over the last one year it has moved down from 44,128.3 to 43,138.9, a loss of 989 points (down 2.2%).

Overall, the NIFTY 50 is down 0.5% over the year.

(To know more, check out historical annual results for ZOTA HEALTH CARE and quarterly results for ZOTA HEALTH CARE)