Synopsis: Z-Tech (India) is in focus after securing a significant order worth Rs 16.58 crore from the Ghaziabad Development Authority for the design and development of two public parks.

The shares of this leading company engaged in the business of design, development, and operations of theme-based city parks, and industrial wastewater management are in focus after securing a new work order from multiple clients.

With a market capitalization of Rs 758 crore, the shares of Z-Tech (India) Ltd are currently trading at Rs 526.55 per share, up by 1.3 percent from its previous day’s closing price of Rs 519.70 per share. 

As of September 2025, Ashish Kacholia holds a 3.49 percent stake in the company.

In the last one year, the stock has delivered a robust return of 61 percent, outperforming NIFTY 50’s positive return of 10 percent.

About the Order

Z-Tech​‍​‌‍​‍‌​‍​‌‍​‍‌ (India), through a stock exchange filing, announced that it has secured a landmark project from the Ghaziabad Development Authority worth Rs 16.58 crore. The scope of the work includes the planning, designing, and developing of two public parks, namely Sanskriti Darshan Park and Greenwood Park, that will feature modern amenities, recycled-material usage, and unique attractions such as a maze and holographic displays.

The initiative spans close to 18 acres and comprises 20 years of operation and maintenance as well, thereby offering Z-Tech a steady, long-term revenue stream. This announcement is a significant milestone in the company’s journey to play a major role in the clean and green infrastructure sector and is likely to become a stepping stone for its business expansion in the coming ​‍​‌‍​‍‌​‍​‌‍​‍‌days.

Financial Highlights

The company reported a standalone revenue of Rs 34.50 crore in Q2 FY26, a growth of 81 percent as compared to Rs 19.04 crore in Q2 FY25. Coming to its profitability, the company reported a net profit growth of 102 percent to Rs 6.06 crore in Q2  FY26 as compared to Rs 3 crore in Q2  FY25.

The stock has delivered a robust ROE and ROCE of 20.23 percent and 28.12 percent respectively, and is currently trading at a high P/E of 32.44x as compared to its industry average of 20.59x.

Z-Tech​‍​‌‍​‍‌​‍​‌‍​‍‌ (India) Limited is an engineering company (established in 1994) which mainly provides advanced geo-technical solutions (such as slope stabilization and soil reinforcement), revolutionary industrial wastewater management with the help of an environmentally friendly GEIST technology, and inventive theme park development in the term of reusable waste turned into artistic landscapes and ​‍​‌‍​‍‌​‍​‌‍​‍‌structures.

Written by Satyajeet Mukherjee

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