| Facility Value | ₹10 CrBank of India |
|---|---|
| Market Cap | ₹177.63 CrSmall Cap |
| Revenue TTM | ₹627.59 CrOperating |
| PE Ratio | 10.15Industry: 50.31 |
| Order from | Bank of India |
| Deal value | ₹10 Cr |
| Share of market cap | 5.6% |
Key highlights
- Sanction of ₹10 Crore credit facility from Bank of India announced on May 28, 2026
- Financial assistance obtained under the Emergency Credit Line Guarantee Scheme (ECLGS)
- Funds designated primarily to meet the company’s immediate working capital requirements
- Security for the loan utilizes existing assets with no requirement for fresh collateral
- Transaction carries a Government of India guarantee as per the ECLGS framework
Details of the Credit Facility
Zeal Aqua Limited has formalised a loan agreement with Bank of India to secure credit facilities totaling ₹10 Crore. This arrangement, finalized with a sanction letter dated May 27, 2026, falls under the Emergency Credit Line Guarantee Scheme. Notably, the agreement does not involve the provision of fresh security, as the facility is supported by existing collateral and a sovereign guarantee from the Government of India.
This capital infusion is structured to address liquidity needs without adding immediate pressure on the company’s asset-backing requirements, providing a cushioned financial runway for its Surat-based operations.
Strategic Deployment of Capital
- Capital will be directed toward streamlining day-to-day operational expenses in shrimp processing
- The facility ensures steady payments to satellite farmers, maintaining the supply chain integrity
- Funds help bridge the gap between high-intensity harvesting cycles and export realization timelines
- Utilization of the ECLGS framework allows the company to benefit from regulated interest rates
- Strengthening the working capital cycle supports the company’s vertically integrated production model
Financial Performance and Stability
The company’s financial profile reflects consistent growth, with operating revenue for the trailing twelve months reaching ₹627.59 Crore. Zeal Aqua has maintained a healthy net profit margin, reporting a TTM net profit of ₹17.5 Crore. With a price-to-earnings ratio of 10.15, significantly lower than the industry average of 50.31, the company exhibits a valuation that differs from many of its sectoral peers.
The current market capitalization stands at ₹177.63 Crore, and the decision to leverage credit lines for working capital indicates a strategic preference for debt-based liquidity over equity dilution in the current market environment.
Industry Landscape and Positioning
Operating within the food, beverages, and tobacco sector, specifically focusing on aquaculture, Zeal Aqua navigates a segment characterized by significant export potential and seasonal volatility. The Indian shrimp industry has faced fluctuating global demand, making robust working capital management critical for processing units. As a Strong Performer with a Durability Score of 65, Zeal Aqua’s reliance on institutional credit facilities like those provided by Bank of India reflects a broader industry trend of utilizing government-backed schemes to mitigate operational risks.
This capital injection reinforces the firm’s ability to sustain its 68.42 percent promoter-led stability while scaling its processing capabilities.
| Share price | ₹14.09 |
|---|---|
| Market capitalisation | ₹177.63 Cr |
| Revenue (annual) | ₹511.32 Cr |
| Net profit (annual) | ₹10.10 Cr |
| Revenue (latest quarter) | ₹222.08 Cr+20.24% vs previous quarter |
| Net profit (latest quarter) | ₹7.53 Cr+151.04% vs previous quarter |
| P/E (TTM) | 10.15×Sector 32.32× |
| Promoter holding | 68.42%0.00% QoQ |
| FII holding | 0%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Zeal Aqua Limited announcing the availing of credit facilities from Bank of India. Market figures from a third-party data provider.
