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

Price ₹595.00, Market Cap 722.53 (Cr), P/E 30.93x. Score: 52.2/100.

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

₹595.00₹18.30 (2.98%)

As on 17 Jun 2026, 01:10 pm ISTMarket Closed

Fundamental Score

...

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

Z TECH INDIA PRI share price today is ₹595.00, down 2.98% on NSE/BSE as of 17 June 2026. Z TECH INDIA PRI (ZTECH) is a Small-cap company in the Waste Management sector with a market capitalisation of ₹722.53 (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 30.93x, ZTECH is currently trading above its industry average P/E of 20.29x. The company has a Return on Equity (ROE) of 20.23% and a debt-to-equity ratio of 0.02.

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

No data

High

₹629.00

Low

₹499.00

Volume

19.4K

Change

+22.01%

Z TECH INDIA PRI — Last 10 Trading Days

Date	Open	High	Low	Close	Volume
28 Apr 26	₹618.00	₹620.05	₹600.05	₹619.00	21.90K (Cr)
27 Apr 26	₹620.00	₹628.00	₹616.20	₹618.55	16.50K (Cr)
24 Apr 26	₹595.00	₹624.40	₹593.00	₹616.05	26.70K (Cr)
23 Apr 26	₹605.05	₹607.00	₹601.00	₹601.45	11.70K (Cr)
22 Apr 26	₹574.95	₹629.00	₹574.95	₹611.05	38.10K (Cr)
21 Apr 26	₹575.00	₹585.00	₹567.05	₹577.95	12.30K (Cr)
20 Apr 26	₹548.00	₹572.00	₹548.00	₹566.90	29.40K (Cr)
17 Apr 26	₹562.00	₹562.00	₹552.45	₹560.05	12.00K (Cr)
16 Apr 26	₹566.00	₹567.90	₹545.10	₹552.45	52.50K (Cr)
15 Apr 26	₹569.00	₹569.00	₹545.00	₹559.15	14.70K (Cr)

Z TECH INDIA PRI — Last 12 Months Price History

Month	Open	High	Low	Close	Change
Apr 2026	₹511.10	₹629.00	₹510.00	₹619.00	+21.11%
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	₹608.10	₹624.00	₹499.00	₹513.50	-15.56%
Jul 2025	₹565.00	₹638.95	₹539.00	₹620.20	+9.77%
Jun 2025	₹673.00	₹675.00	₹560.60	₹560.60	-16.70%

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

Excellent

Return on Equity (ROE)

20.23%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

28.12%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

18.29%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Z TECH INDIA PRI Valuation Check

Poor

Price to Earnings (P/E)

30.93x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

20.29x

Average P/E of all peers in this sector

Market-cap Classification

Small-cap

Higher growth potential with higher volatility.

Market Capitalisation

722.53 (Cr)

Total market value of all outstanding shares

Shareholding Pattern

Excellent

Promoter Holding

53.18%

% shares held by company founders/management

Poor

FII Holding

1.04%

% shares held by foreign institutional investors

Poor

DII Holding

1.89%

% 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)

102.00%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

81.20%

Revenue growth vs same quarter last year

Revenue Growth (5-Year CAGR)

N/A

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.02x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

101.06x

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

Free Cash Flow (5-Year Total)

-131.89 (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

9 factors identified

Strong Return on Equity (20.23%)

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 (28.12%)

Observation: Superior returns on capital employed across business operations.

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

Strong Operating Margins (18.29%)

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

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

Robust Profit Growth (102.00%)

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

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

Strong Revenue Growth (81.20%)

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

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

Conservative Debt Levels (D/E: 0.02)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (101.06x)

Observation: Earnings comfortably cover interest obligations.

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

Balanced Promoter Holding (53.18%)

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 (₹-131.89 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 2.93%)

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 •	52.2/100	₹595.00₹595	₹722.53₹722.53	30.93Average 30.9 Average	20.23%Excellent 20.23% Excellent	28.12%Excellent 28.12% Excellent	0.02Excellent 0.0 Excellent	— —	— —	0.00%
EMS LtdEMS Ltd... EMSLIMITED • 543983	37.3/100	₹335.15₹335	₹2403.36₹2403.36	14.72Average 14.7 Average	20.69%Excellent 20.69% Excellent	26.91%Excellent 26.91% Excellent	0.16Excellent 0.2 Excellent	20.44%Excellent 20.44% Excellent	24.29%Excellent 24.29% Excellent	0.35%
Antony Waste Handling Cell LtdAntony Waste Ha... AWHCL • 543254	47.2/100	₹472.25₹472	₹1298.08₹1298.08	18.80Average 18.8 Average	11.34%Average 11.34% Average	12.10%Average 12.10% Average	0.68Good 0.7 Good	14.98%Good 14.98% Good	15.69%Excellent 15.69% Excellent	0.00%
Eco Recycling LtdEco Recycling L... ECORECO • 530643	61.7/100	₹462.90₹463	₹931.36₹931.36	45.43Average 45.4 Average	84.05%Excellent 84.05% Excellent	36.82%Excellent 36.82% Excellent	0.07Excellent 0.1 Excellent	111.97%Excellent 111.97% Excellent	29.24%Excellent 29.24% Excellent	0.00%
Concord Enviro Systems LtdConcord Enviro ... CEWATER • 544315	44.6/100	₹281.05₹281	₹846.37₹846.37	16.19Average 16.2 Average	12.03%Average 12.03% Average	15.04%Good 15.04% Good	0.30Excellent 0.3 Excellent	45.63%Excellent 45.63% Excellent	9.18%Good 9.18% Good	0.00%
EFFWA INFRA & RESEEFFWA INFRA & R... EFFWA •	48.1/100	₹277.95₹278	₹554.84₹554.84	21.77Average 21.8 Average	30.44%Excellent 30.44% Excellent	33.87%Excellent 33.87% Excellent	0.14Excellent 0.1 Excellent	— —	— —	0.00%
NAMO EWASTE MANAGEMENT LNAMO EWASTE MAN... NAMOEWASTE •	41.2/100	₹247.25₹247	₹425.34₹425.34	42.07Average 42.1 Average	13.75%Average 13.75% Average	19.08%Good 19.08% Good	0.06Excellent 0.1 Excellent	— —	— —	0.00%
HI GREEN CARBON LIHI GREEN CARBON... HIGREEN •	25.7/100	₹124.70₹125	₹375.35₹375.35	35.58Average 35.6 Average	12.38%Average 12.38% Average	11.88%Average 11.88% Average	0.62Good 0.6 Good	— —	— —	0.00%
Vvip Infratech LtdVvip Infratech ... VVIPIL • 544219	27.3/100	₹114.50₹115	₹343.21₹343.21	9.31Average 9.3 Average	23.34%Excellent 23.34% Excellent	33.34%Excellent 33.34% Excellent	0.72Good 0.7 Good	— —	— —	0.00%
Ferrari NVFerrari NV... RACE • 537785	32.7/100	₹117.41₹117	₹273.76₹273.76	44.08Average 44.1 Average	8.30%Poor 8.30% Poor	9.64%Poor 9.64% Poor	0.98Good 1.0 Good	— —	— —	0.00%
Organic Recycling Systems LtdOrganic Recycli... ORGANICREC • 543997	46.5/100	₹239.85₹240	₹216.91₹216.91	10.30Average 10.3 Average	14.62%Average 14.62% Average	12.17%Average 12.17% Average	0.36Excellent 0.4 Excellent	— —	— —	0.00%

Top Waste Management Stocks

View all →

By Bull Run Score

By Return on Equity

Eco Recycling Ltd share price84.05%
EFFWA INFRA & RESE share price30.44%
Vvip Infratech Ltd share price23.34%
EMS Ltd share price20.69%
Organic Recycling Systems Ltd share price14.62%

By Market Cap

EMS Ltd share price2403.36 Cr
Antony Waste Handling Cell Ltd share price1298.08 Cr
Eco Recycling Ltd share price931.36 Cr
Concord Enviro Systems Ltd share price846.37 Cr
EFFWA INFRA & RESE share price554.84 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)

81.20%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

102.00%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

N/A

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

N/A

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

Overbought — RSI 84

Momentum is strong — price may be stretched. Watch for pullbacks.

SMA 50

₹535

▲ Price above SMA 50 — Short-term bullish

SMA 200

₹567

▲ Price above SMA 200 — Long-term uptrend

30-Day Avg Volume

20K 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 ₹722.53 (Cr). Z TECH INDIA PRI has delivered a Return on Equity (ROE) of 20.23% and a ROCE of 28.12%. The debt-to-equity ratio stands at 0.02, reflecting the company's capital structure. Investors tracking ZTECH share price can monitor key metrics including P/E ratio, promoter holding of 53.18%, 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 ₹595.00 on NSE. Market cap ₹722.53 (Cr). Educational data only.

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

Z TECH INDIA PRI has a P/E of 30.93x vs industry average 20.29x.

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

Z TECH INDIA PRI has a Bull Run score of 52.2/100 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 20.23%. 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 0.02.

Is Z TECH INDIA PRI a good investment?

Bull Run gives Z TECH INDIA PRI a score of 52.2/100. This is not investment advice — consult a SEBI-registered advisor.