By BullScreen Editorial Team 
Z-Tech (India) Limited reported strong Q4 results 2026, supported by higher project execution, expanding operations, and improved profitability across its infrastructure and creative park businesses. The company delivered robust growth in both revenue and earnings during the quarter, while continuing its transition toward a recurring-revenue business model through its Zing Parks platform.
For the March quarter, total income rose 68.15% year-on-year to ₹58.83 crore compared with ₹34.99 crore in the same period last year. Profit after tax (PAT) surged 125.11% to ₹19.13 crore from ₹8.50 crore a year earlier. Basic earnings per share nearly doubled to ₹13.23 from ₹6.63.
The company’s profitability also improved significantly despite some pressure on operating margins. Q4 PAT margin climbed to 32.52%, an increase of 823 basis points from the previous year, indicating stronger execution efficiency and benefits from higher-value projects. However, EBITDA margin declined to 32.87% from 36.76% in the corresponding quarter due to increased operating expenses.
On a full-year basis, FY26 revenue increased 65.03% to ₹155.79 crore, while annual net profit jumped 82.91% to ₹35.86 crore. The company also strengthened its financial position with net worth expanding to ₹223.87 crore.
Operational indicators showed continued business momentum. Z-Tech’s order book stood at approximately ₹206.9 crore, providing future revenue visibility. The company expanded from four operational parks to eleven during the year, while annuity revenue doubled from ₹4 crore to ₹8 crore.
The Q4 results 2026 also reflect Z-Tech’s broader strategy of reducing dependence on traditional engineering contracts and building recurring revenue streams. Creative Parks contributed over 72% of FY26 revenue, highlighting the growing role of its experiential infrastructure business.
Industry conditions also remain favorable. India’s geosynthetics market is projected to grow at an 8.4% CAGR through 2033, while the wastewater technology market is expected to reach ₹14,013 crore by 2029. Looking ahead, Z-Tech expects operational revenue from Zing Parks to cross ₹42 crore in FY27, potentially supporting the next phase of growth.
| Metric | Q4 FY26 | Q4 FY25 | YoY Change |
|---|---|---|---|
| Revenue | ₹58.83 Cr | ₹34.99 Cr | ▲ 68.15% |
| EBITDA | ₹19.34 Cr | ₹12.86 Cr | ▲ 50.38% |
| Profit Before Tax | ₹20.62 Cr | ₹12.73 Cr | ▲ 62.01% |
| Net Profit (PAT) | ₹19.13 Cr | ₹8.50 Cr | ▲ 125.11% |
| EPS | ₹13.23 | ₹6.63 | ▲ 99.55% |
| PAT Margin | 32.52% | 24.29% | ▲ 823 bps |
| Metric | FY26 | FY25 | YoY Change |
|---|---|---|---|
| Total Revenue | ₹155.79 Cr | ₹94.40 Cr | ▲ 65.03% |
| Net Profit (PAT) | ₹35.86 Cr | ₹19.61 Cr | ▲ 82.91% |
| Net Worth | ₹223.87 Cr | ₹170.86 Cr | ▲ 31.0% |
| Cash Position | ₹12.59 Cr | ₹3.80 Cr | ▲ 231% |
| Debt-to-Equity Ratio | 0.33x | 0.01x | Increased |
| Key Indicator | FY26 Update |
|---|---|
| Total Order Book | ₹206.9 Cr |
| Operational Parks | 11 (vs 4 last year) |
| Annuity Revenue | ₹8 Cr (▲100%) |
| Active Business Leads | 50+ |
| Audience Reach | 10 Crore (▲127%) |
| Digital Impressions | 51 Crore (▲308%) |
| Creative Parks Revenue Share | 72.28% |
Source: https://nsearchives.nseindia.com/corporate/ZTECH_21052026162556_ilovepdf_merged__35_.pdf