Z TECH INDIA PRI (ZTECH) – Share Price & Analysis

Price ₹525.40, Market Cap 816.42 (Cr), P/E 22.77x. Score: 71.9/100.

Financial Ratios PE Ratio Shareholding Dividend Quarterly Results Financial Statements

Z TECH INDIA PRI Stock Price Today (NSE: ZTECH)

Z TECH INDIA PRI

ZTECHWaste Management

₹525.40+₹7.35 (+1.42%)

As on 04 Aug 2026, 11:41 am ISTMarket Closed

Fundamental Score

...

Z TECH INDIA PRI Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Z TECH INDIA PRI share price today is ₹525.40, up +1.42% on NSE/BSE as of 4 August 2026. Z TECH INDIA PRI (ZTECH) is a Small-cap company in the Waste Management sector with a market capitalisation of ₹816.42 (Cr). The 52-week high for ZTECH share price is ₹701.00 and the 52-week low is ₹460.00. At a P/E ratio of 22.77x, ZTECH is currently trading below its industry average P/E of 27.04x. The company has a Return on Equity (ROE) of 18.17% and a debt-to-equity ratio of 0.33.

Z TECH INDIA PRI Share Price Chart — NSE/BSE Historical Performance

No data

High

₹651.10

Low

₹505.10

Volume

21.0K

Change

-16.04%

Z TECH INDIA PRI — Last 10 Trading Days

Date	Open	High	Low	Close	Volume
27 Jul 26	₹538.95	₹539.00	₹509.05	₹517.20	9.60K (Cr)
24 Jul 26	₹535.00	₹535.00	₹505.10	₹524.15	23.40K (Cr)
23 Jul 26	₹541.00	₹550.00	₹540.00	₹541.35	6.60K (Cr)
22 Jul 26	₹545.00	₹545.05	₹540.00	₹542.10	14.40K (Cr)
21 Jul 26	₹560.00	₹562.80	₹551.00	₹560.00	8.10K (Cr)
20 Jul 26	₹566.00	₹571.00	₹560.00	₹569.00	3.60K (Cr)
17 Jul 26	₹566.00	₹575.00	₹545.00	₹551.15	23.70K (Cr)
16 Jul 26	₹574.90	₹594.00	₹568.00	₹576.65	8.40K (Cr)
15 Jul 26	₹568.00	₹603.90	₹545.00	₹560.75	21.30K (Cr)
14 Jul 26	₹590.00	₹592.00	₹570.00	₹572.40	17.70K (Cr)

Z TECH INDIA PRI — Last 12 Months Price History

Month	Open	High	Low	Close	Change
Jul 2026	₹626.00	₹651.10	₹505.10	₹517.20	-17.38%
Jun 2026	₹590.00	₹635.00	₹561.15	₹624.25	+5.81%
May 2026	₹625.00	₹660.00	₹560.00	₹580.55	-7.11%
Apr 2026	₹511.10	₹629.00	₹510.00	₹619.45	+21.20%
Mar 2026	₹510.00	₹540.00	₹472.00	₹507.35	-0.52%
Feb 2026	₹566.00	₹620.00	₹495.00	₹518.00	-8.48%
Jan 2026	₹670.00	₹678.90	₹549.95	₹557.90	-16.73%
Dec 2025	₹513.95	₹701.00	₹460.00	₹661.10	+28.63%
Nov 2025	₹589.00	₹589.00	₹489.00	₹508.40	-13.68%
Oct 2025	₹596.00	₹607.00	₹530.00	₹573.20	-3.83%
Sept 2025	₹521.00	₹628.00	₹520.10	₹596.45	+14.48%
Aug 2025	₹624.00	₹624.00	₹499.00	₹513.50	-17.71%

AI Research Briefing

Z Tech's expensive valuation and micro-cap nature make it a risky bet, despite the tailwinds from new waste management rules.

Research Confidence

6.0/10Moderate

GOVT CAPEX DARK HORSEBreakdown - 1M: -12.04%, 3M: -9.39%, 6M: -5.94%.Expensive - P/E of 30.93x vs Industry P/E of 20.29x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Z Tech reported Q4 FY26 results. Revenue stood at Cr, up 58% YoY. Net profit was Cr, a 236.3% YoY increase. EPS, however, decreased to The company also secured orders worth million.

CORE STORY (THE REAL GAME)

Z Tech is being priced as a beneficiary of the new Solid Waste Management (SWM) Rules, 2026, and plastic waste management amendments, not just a waste management company. The market expects Z Tech to capitalize on the increased focus on waste segregation, digital traceability, and the circular economy.

WHAT IS DRIVING THE STOCK

New SWM Rules 2026: The new regulations, effective April 1, 2026, mandate four-stream waste segregation and increase the responsibilities of bulk waste generators. This is expected to drive demand for Z Tech's services.

Q4 FY26 Results: Strong revenue and profit growth in the latest quarter have boosted investor confidence. Revenue increased by 58% YoY to Cr, and net profit surged by 236.3% YoY to Cr.

Order Wins: Securing orders worth million provides near-term revenue visibility.

BULL vs BEAR

Bull:Z Tech will benefit from the stricter enforcement of waste management rules and increasing environmental awareness. The company's focus on specialized geotechnical solutions gives it a competitive edge. The government's push for a circular economy will create new opportunities for Z Tech.

Bear:Z Tech faces intense competition from established players and unorganized sector. The company's small-cap status exposes it to liquidity risks. The stock is a premium valuation compared to its peers. Execution risks remain high, especially in securing and executing large-scale projects. Any delays in project execution or failure to meet environmental standards could negatively impact the stock.

WHAT MARKET IS PRICING

The market is pricing in continued high growth fueled by the new SWM rules and increased government spending on waste management infrastructure. If the company fails to sustain its growth momentum or if the implementation of the new rules is delayed, the stock could face a significant correction.

BOTTOM LINE

Z Tech is a play on India's evolving waste management landscape, but its expensive valuation and micro-cap nature demand caution. Momentum is fading.

Why Now

New SWM Rules 2026 driving demand for waste management services
Strong Q4 FY26 results with 58% YoY revenue growth
Recent order wins provide near-term revenue visibility

Potential Catalysts

Further policy support for waste management
Successful execution of large-scale projects
Acquisition of new technologies or businesses

Key Risks

Micro-cap status exposes it to liquidity risks
Expensive valuation compared to peers
Execution risks in securing and executing projects

Institutional Activity

Promoter holding decreased by 1.07%. FII holding increased from 1.04% to 3.77% in Dec 2025 quarter.

Macro Context

New Solid Waste Management Rules 2026 are a tailwind for the waste management sector.

Order Book / Expansion

Z-Tech secured orders worth ₹131.2 million.

Cash Flow Quality

No - Free Cash Flow 5Y: ₹-131.89 Cr.

3–6 Month Outlook

Z Tech's growth hinges on its ability to capitalize on the new SWM rules and execute projects efficiently. Expect volatility due to its small-cap status and premium valuation.

Primary Thesis Risk

Inability to execute projects and maintain growth momentum will lead to valuation collapse.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Good

Return on Equity (ROE)

18.17%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

19.76%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

23.07%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Z TECH INDIA PRI Valuation Check

Good

Price to Earnings (P/E)

22.77x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

27.04x

Average P/E of all peers in this sector

Market-cap Classification

Small-cap

Higher growth potential with higher volatility.

Market Capitalisation

816.42 (Cr)

Total market value of all outstanding shares

Shareholding Pattern

Excellent

Promoter Holding

53.54%

% shares held by company founders/management

Poor

FII Holding

4.47%

% shares held by foreign institutional investors

Poor

DII Holding

0.37%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

125.18%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

68.13%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

47.03%

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

125.87%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.33x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

24.78x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-214.39 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Z TECH INDIA PRI Fundamental Analysis & Valuation Benchmarking

Educational evaluation of ZTECH across key market metrics for learning purposes.

Positive Indicators

10 factors identified

Strong Return on Equity (18.17%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (19.76%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (23.07%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Robust Profit Growth (125.18%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (68.13%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (47.03% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Strong Profit Growth Track Record (125.87% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Strong Interest Coverage (24.78x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Balanced Promoter Holding (53.54%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

3 factors identified

Negative Free Cash Flow (₹-214.39 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 4.84%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Z TECH INDIA PRI vs Waste Management Peers

Peer Comparison - Waste Management

Compare Z TECH INDIA PRI with 10 other companies in the same sector

11 companies

Company Info	Fundamental Overall score	Valuation Price metrics	Profitability Return metrics		Financial Health Debt management	Growth 5Y performance		Dividend Yield %
Company Company name	Score Bull Run comprehensive fundamental score based on 20+ metrics	Price Current trading price of the stock	Market Cap Total value of all shares in the market	P/E Price per share divided by earnings per share	ROE Net income divided by shareholder equity	ROCE Earnings before interest and tax divided by capital employed	Debt/Eq Total debt divided by total equity	Profit 5Y Average annual profit growth over 5 years	Sales 5Y Average annual sales growth over 5 years	Dividend Annual dividend per share divided by price per share
Z TECH INDIA PRIZ TECH INDIA PR...Selected✓ ZTECH •	71.9/100	₹525.40₹525	₹816.42₹816.42	22.77Average 22.8 Average	18.17%Good 18.17% Good	19.76%Good 19.76% Good	0.33Excellent 0.3 Excellent	125.87%Excellent 125.87% Excellent	47.03%Excellent 47.03% Excellent	0.00%
EMS LtdEMS Ltd... EMSLIMITED • 543983	19/100	₹411.50₹412	₹2447.58₹2447.58	27.04Average 27.0 Average	8.91%Poor 8.91% Poor	12.51%Average 12.51% Average	0.15Excellent 0.1 Excellent	4.72%Average 4.72% Average	17.25%Excellent 17.25% Excellent	0.34%
Antony Waste Handling Cell LtdAntony Waste Ha... AWHCL • 543254	54.1/100	₹426.80₹427	₹1294.27₹1294.27	17.15Average 17.1 Average	10.79%Average 10.79% Average	11.16%Average 11.16% Average	0.62Good 0.6 Good	10.86%Good 10.86% Good	17.76%Excellent 17.76% Excellent	0.00%
Eco Recycling LtdEco Recycling L... ECORECO • 530643	69.7/100	₹498.55₹499	₹1019.26₹1019.26	44.09Average 44.1 Average	23.29%Excellent 23.29% Excellent	29.97%Excellent 29.97% Excellent	0.05Excellent 0.1 Excellent	99.04%Excellent 99.04% Excellent	30.62%Excellent 30.62% Excellent	0.00%
EFFWA INFRA & RESEEFFWA INFRA & R... EFFWA •	50.1/100	₹371.05₹371	₹870.33₹870.33	30.41Average 30.4 Average	26.21%Excellent 26.21% Excellent	29.26%Excellent 29.26% Excellent	0.31Excellent 0.3 Excellent	66.45%Excellent 66.45% Excellent	35.94%Excellent 35.94% Excellent	0.00%
Concord Enviro Systems LtdConcord Enviro ... CEWATER • 544315	28.9/100	₹287.80₹288	₹660.00₹660.00	28.95Average 28.9 Average	4.13%Poor 4.13% Poor	6.63%Poor 6.63% Poor	0.29Excellent 0.3 Excellent	2.85%Average 2.85% Average	9.92%Good 9.92% Good	0.00%
NAMO EWASTE MANAGEMENT LNAMO EWASTE MAN... NAMOEWASTE •	43.1/100	₹274.05₹274	₹656.30₹656.30	45.73Average 45.7 Average	14.95%Average 14.95% Average	21.33%Excellent 21.33% Excellent	0.03Excellent 0.0 Excellent	— —	— —	0.00%
Vvip Infratech LtdVvip Infratech ... VVIPIL • 544219	37.5/100	₹121.50₹122	₹347.33₹347.33	11.55Average 11.6 Average	14.05%Average 14.05% Average	18.88%Good 18.88% Good	0.83Good 0.8 Good	416.82%Excellent 416.82% Excellent	22.62%Excellent 22.62% Excellent	0.00%
HI GREEN CARBON LIHI GREEN CARBON... HIGREEN •	18.6/100	₹138.70₹139	₹346.61₹346.61	65.65Average 65.7 Average	5.98%Poor 5.98% Poor	10.41%Average 10.41% Average	0.70Good 0.7 Good	— —	— —	0.00%
Organic Recycling Systems LtdOrganic Recycli... ORGANICREC • 543997	71.6/100	₹229.20₹229	₹239.08₹239.08	9.53Average 9.5 Average	19.42%Good 19.42% Good	15.86%Good 15.86% Good	0.37Excellent 0.4 Excellent	49.97%Excellent 49.97% Excellent	53.03%Excellent 53.03% Excellent	0.00%
Ferrari NVFerrari NV... RACE • 537785	21.2/100	₹109.49₹109	₹196.79₹196.79	29.11Average 29.1 Average	9.28%Poor 9.28% Poor	10.99%Average 10.99% Average	1.21Average 1.2 Average	— —	— —	0.00%

Top Waste Management Stocks

View all →

By Bull Run Score

By Return on Equity

EFFWA INFRA & RESE share price26.21%
Eco Recycling Ltd share price23.29%
Organic Recycling Systems Ltd share price19.42%
NAMO EWASTE MANAGEMENT L share price14.95%
Vvip Infratech Ltd share price14.05%

By Market Cap

EMS Ltd share price2447.58 Cr
Antony Waste Handling Cell Ltd share price1294.27 Cr
Eco Recycling Ltd share price1019.26 Cr
EFFWA INFRA & RESE share price870.33 Cr
Concord Enviro Systems Ltd share price660.00 Cr

Z TECH INDIA PRI PE Ratio History

Historical price-to-earnings ratio for ZTECH — last 5 years

Year	EPS (₹)	Price (₹)	P/E Ratio
FY 2024	₹6.62	₹569.00	86x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Z TECH INDIA PRI Quarterly Performance

Latest quarterly metrics for ZTECH — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

68.13%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

125.18%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

47.03%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

125.87%

Compounded annual net profit growth over 5 years

Z TECH INDIA PRI Technical Indicators

SMA 50, SMA 200, RSI and volume signals for ZTECH — calculated from daily price history

Oversold — RSI 24

Selling pressure is heavy — potential reversal zone.

SMA 50

₹593

▼ Price below SMA 50 — Short-term bearish

SMA 200

₹573

▼ Price below SMA 200 — Long-term downtrend

30-Day Avg Volume

19K shares/day

Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Z TECH INDIA PRI Financial Statements

Annual income statement, balance sheet and cash flow for Z TECH INDIA PRI (ZTECH) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Z TECH INDIA PRI

About ZTECH (Z TECH INDIA PRI)

Z TECH INDIA PRI (ZTECH) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Waste Management sector with a current... market capitalisation of ₹816.42 (Cr). Z TECH INDIA PRI has delivered a Return on Equity (ROE) of 18.17% and a ROCE of 19.76%. The debt-to-equity ratio stands at 0.33, reflecting the company's capital structure. Investors tracking ZTECH share price can monitor key metrics including P/E ratio, promoter holding of 53.54%, and quarterly earnings growth.

Company Details

Symbol:ZTECH

Industry:Waste Management

Sector:Waste Management

Website:N/A

Latest News

Top events of the day: PM Modi in Odisha, Ztech India IPO, Tata Steel Q4 earnings report and more - livemint.com

livemint.com• 5/29/2024

ZTECH Share Price: Frequently Asked Questions

What is the current share price of Z TECH INDIA PRI?

Z TECH INDIA PRI (ZTECH) trades at ₹525.40 on NSE. Market cap ₹816.42 (Cr). Educational data only.

What is the P/E ratio of Z TECH INDIA PRI?

Z TECH INDIA PRI has a P/E of 22.77x vs industry average 27.04x.

What is the Bull Run score for Z TECH INDIA PRI?

Z TECH INDIA PRI has a Bull Run score of 71.9/100 based on 25+ financial parameters.

Does Z TECH INDIA PRI pay dividends?

Z TECH INDIA PRI has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Z TECH INDIA PRI?

Z TECH INDIA PRI has ROE of 18.17%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Z TECH INDIA PRI?

Z TECH INDIA PRI has debt-to-equity of 0.33.

Is Z TECH INDIA PRI a good investment?

Bull Run gives Z TECH INDIA PRI a score of 71.9/100. This is not investment advice — consult a SEBI-registered advisor.