--- title: "Zylog Systems Ltd (ZYLOG) — Share Price, Financials & Analysis" symbol: "ZYLOG" company: "Zylog Systems Ltd" canonical: "https://tapetide.com/stocks/ZYLOG" generated_at: "2026-10-13T10:57:58.741Z" --- # Zylog Systems Ltd (ZYLOG) Canonical page: https://tapetide.com/stocks/ZYLOG ## Company - **Stock Type:** EQUITY - **Face Value:** ₹5 - **F&O Eligible:** No - **Website:** zsl.com ## About Zylog Systems Ltd. is engaged in the business of exports of software and IT related services. ## Latest Price ## Key Insights ### Weaknesses - Company has low interest coverage ratio. - The company has delivered a poor sales growth of -34.6% over past five years. ## Growth Rates | Metric | 1Y | 3Y | 5Y | | --- | --- | --- | --- | | net income growth | -194% | 38% | -44% | | revenue growth | -13% | -55% | -35% | ## Financial Statements ### Quarterly Results All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Sales | 60.14 | 46.69 | 60.51 | 57.88 | 56.38 | 41.89 | 50.85 | 38.26 | 45.12 | 35.15 | 37.34 | 45.5 | | Expenses | 108.55 | 48.44 | 56.97 | 51.57 | 53.8 | 44.84 | 43.11 | 43.04 | 41.07 | 41.86 | 41.5 | 47.49 | | Operating Profit | -48.41 | -1.75 | 3.54 | 6.31 | 2.58 | -2.95 | 7.74 | -4.78 | 4.05 | -6.71 | -4.16 | -1.99 | | OPM % | -80.5 | -3.75 | 5.85 | 10.9 | 4.58 | -7.04 | 15.22 | -12.49 | 8.98 | -19.09 | -11.14 | -4.37 | | Other Income | 61.38 | 0.27 | 1.58 | -1.12 | 0.64 | 0.13 | -10.28 | -0.49 | -9.72 | 0.39 | 1.13 | -0.7 | | Interest | 0.21 | 0.04 | 0.06 | 0.01 | 0.37 | 0.21 | 0.37 | 0.33 | 0.27 | 0.39 | 0.3 | 0.23 | | Depreciation | 1.6 | 2.65 | 1.12 | 1.73 | 1.57 | 1.26 | 1.27 | 1.23 | 4.94 | 0.6 | 0.61 | 0.6 | | Profit before tax | 11.16 | -4.17 | 3.94 | 3.45 | 1.28 | -4.29 | -4.18 | -6.83 | -10.88 | -7.31 | -3.94 | -3.52 | | Tax % | 40.23 | 13.91 | 22.59 | 21.16 | 50.78 | 11.66 | 19.38 | 7.03 | 1.38 | 2.33 | 3.81 | 29.26 | | Net Profit | 6.68 | -4.75 | 3.05 | 2.73 | 0.63 | -4.8 | -4.98 | -7.32 | -11.03 | -7.49 | -4.09 | -4.55 | | EPS in Rs | 1.13 | -0.81 | 0.52 | 0.46 | 0.11 | -0.81 | -0.84 | -1.24 | -1.87 | -1.27 | -0.69 | -0.77 | ### Profit & Loss All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | TTM | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Sales | 609 | 751 | 980 | 1916 | 2273 | 2500 | 1729 | 411 | 229 | 163 | | Expenses | 506 | 678 | 806 | 1622 | 1859 | 2137 | 2058 | 418 | 229 | 172 | | Operating Profit | 103 | 73 | 174 | 294 | 413 | 363 | -329 | -7 | 0 | -9 | | OPM % | 17 | 10 | 18 | 15 | 18 | 15 | -19 | -1.8 | -0.1 | -5 | | Other Income | 7 | 51 | 5 | 5 | 26 | 18 | 90 | -449 | -204 | -9 | | Interest | 4 | 6 | 14 | 41 | 54 | 111 | 53 | 16 | 1 | 1 | | Depreciation | 11 | 21 | 34 | 52 | 68 | 186 | 258 | 174 | 17 | 7 | | Profit before tax | 94 | 97 | 130 | 206 | 318 | 84 | -550 | -646 | -221 | -26 | | Tax % | 13 | 12 | 21 | 30 | 35 | 96 | 2 | -1 | -12 | — | | Net Profit | 82 | 85 | 102 | 145 | 204 | 3 | -559 | -637 | -195 | -27 | | EPS in Rs | 24.97 | 25.7 | 30.67 | 44.12 | 62.13 | 0.91 | -94.79 | -108.03 | -33.06 | -4.6 | | Dividend Payout % | 6 | 6 | 10 | 9 | 8 | 0 | 0 | 0 | 0 | — | ### Balance Sheet All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Equity Capital | 13 | 16 | 16 | 16 | 16 | 16 | 16 | 30 | 30 | 30 | | Reserves | 206 | 392 | 470 | 559 | 663 | 893 | 895 | 382 | -211 | -982 | | Borrowings | 59 | 57 | 157 | 433 | 505 | 761 | 1068 | 1099 | 1033 | 1014 | | Other Liabilities | 22 | 50 | 84 | 109 | 233 | 212 | 291 | 352 | 305 | 114 | | Total Liabilities | 300 | 516 | 727 | 1118 | 1417 | 1882 | 2271 | 1862 | 1157 | 176 | | Fixed Assets | 37 | 87 | 144 | 296 | 338 | 488 | 796 | 655 | 415 | 45 | | CWIP | 7 | 0 | 10 | 27 | 54 | 72 | 215 | 61 | 63 | 0 | | Investments | 20 | 34 | 0 | 6 | 6 | 7 | 7 | 12 | 28 | 14 | | Other Assets | 236 | 395 | 573 | 789 | 1019 | 1315 | 1252 | 1134 | 651 | 116 | | Total Assets | 300 | 516 | 727 | 1118 | 1417 | 1882 | 2271 | 1862 | 1157 | 176 | ### Cash Flow All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Cash from Operating Activity | 13 | -12 | 61 | 14 | 67 | 148 | 255 | -107 | -90 | 61 | | Cash from Investing Activity | -36 | -65 | -63 | -205 | -94 | -164 | -567 | 16 | 1 | -147 | | Cash from Financing Activity | 76 | 108 | 92 | 254 | 56 | 74 | 198 | 65 | 84 | 82 | | Net Cash Flow | 53 | 32 | 90 | 63 | 28 | 58 | -114 | -25 | -4 | -4 | | Free Cash Flow | -3 | -65 | -2 | -54 | 0 | 22 | -368 | -113 | -91 | 122 | | CFO/OP | 21 | 0 | 100 | 24 | 43 | 61 | 85 | 26 | 1188 | -21527 | ### Ratios | Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Debtor Days | 98 | 115 | 136 | 146 | 104 | 116 | 105 | 140 | 147 | 105 | | Cash Conversion Cycle | 98 | 115 | 136 | 146 | 104 | 116 | 105 | 140 | 147 | 105 | | Working Capital Days | 116 | 139 | 137 | 154 | 89 | 119 | 113 | 157 | 265 | -64 | | ROCE % | 29 | 27 | 18 | 17 | 23 | 26 | 11 | -28 | -14 | -3 | ## Shareholding Pattern ### annual | Category | Mar 2017 | Mar 2018 | Mar 2019 | | --- | --- | --- | --- | | Promoters | 2.81% | 2.81% | 2.8% | | FIIs | 2.92% | 6.12% | 0% | | DIIs | 7.96% | 4.28% | 10.4% | | Public | 86.31% | 86.79% | 86.8% | | No. of Shareholders | 31342 | 29962 | 29447 | ### Quarterly | Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Promoters | 2.81% | 2.81% | 2.81% | 2.81% | 2.81% | 2.81% | 2.81% | 2.81% | 2.81% | 2.8% | 2.8% | 2.8% | | FIIs | 0.38% | 6.67% | 2.92% | 2.92% | 2.54% | 6.29% | 6.29% | 6.12% | 6.12% | 0% | 0% | 0% | | DIIs | 10.5% | 4.21% | 7.96% | 7.96% | 7.96% | 4.21% | 4.21% | 4.28% | 4.28% | 10.4% | 10.4% | 10.4% | | Public | 86.31% | 86.31% | 86.31% | 86.31% | 86.69% | 86.69% | 86.69% | 86.79% | 86.79% | 86.8% | 86.8% | 86.8% | | No. of Shareholders | 32581 | 32058 | 31941 | 31342 | 30911 | 30604 | 29681 | 29962 | 29820 | 29542 | 29463 | 29447 | ## Technical Indicators Derived from daily closing prices and recomputed each trading session; values move with the market. - **Overall Signal:** Strong Buy - **Buy / Neutral / Sell:** 13 / 1 / 5 ### Moving Averages — summary: **Strong Buy** | Indicator | Value | Signal | | --- | --- | --- | | SMA (10) | 79.65 | Buy | | EMA (10) | 83.7 | Buy | | SMA (20) | 78.88 | Buy | | EMA (20) | 79.14 | Buy | | SMA (50) | 71.98 | Buy | | EMA (50) | 75.13 | Buy | | SMA (100) | 75.24 | Buy | | EMA (100) | 72.23 | Buy | | SMA (200) | 63.94 | Buy | | EMA (200) | 62.27 | Buy | ### Oscillators — summary: **Strong Sell** | Indicator | Value | Signal | | --- | --- | --- | | RSI (14) | 72.5 | Sell | | MACD (12,26,9) | 4.81 | Buy | | Stochastic (14,3,3) | 99.95 | Sell | | ADX (14) | 31.51 | Buy | | Williams %R (14) | 0 | Sell | | ATR (14) | 5.71 | High Volatility | | ROC (12) | 22.47 | Buy | | Stoch RSI (14) | 100 | Sell | | UO (7,14,28) | 83.03 | Sell | ## Filings & Documents ### Other Documents | Date | Document | | --- | --- | | 2020-03-18 | [Disclosures under Reg.13(4) of SEBI (Prohibition of Insider Trading) Regulations, 1992](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=338D8177_20F8_4933_9000_2E7420DCA9F0_142612.pdf) | | 2020-03-18 | [Disclosures under Reg.13(4) of SEBI (Prohibition of Insider Trading) Regulations, 1992](https://www.bseindia.com/xml-data/corpfiling/AttachHis/338D8177_20F8_4933_9000_2E7420DCA9F0_142612.pdf) | | 2020-03-13 | [Disclosures under Reg.13(4) of SEBI (Prohibition of Insider Trading) Regulations, 1992](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=127105FB-0971-4089-841D-73186B4046EF-152006.pdf) | | 2020-03-13 | [Disclosures under Reg.13(4) of SEBI (Prohibition of Insider Trading) Regulations, 1992](https://www.bseindia.com/xml-data/corpfiling/AttachHis/127105FB-0971-4089-841D-73186B4046EF-152006.pdf) | | 2019-02-14 | [Results - Financials Of 31.12.2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=47d68039-a0d3-4ae9-9b7d-f6f5afdc5dc6.pdf) | | 2019-02-14 | [Results - Financials Of 31.12.2019](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2019/2/47d68039-a0d3-4ae9-9b7d-f6f5afdc5dc6.pdf) | | 2019-02-06 | [Board Meeting Intimation for Board Meeting For The Quarter Ended 31.12.2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=09c4dae4-5a61-48ad-8d48-e70dfd5159f9.pdf) | | 2019-02-06 | [Board Meeting Intimation for Board Meeting For The Quarter Ended 31.12.2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2019/2/09c4dae4-5a61-48ad-8d48-e70dfd5159f9.pdf) | ### Annual Reports | Date | Document | | --- | --- | | Mar 2016 | [Annual Report 2016](https://www.bseindia.com/bseplus/AnnualReport/532883/5328830316.pdf) | | Mar 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport/532883/5328830312.pdf) | | Mar 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/532883/5328830311.pdf) | --- Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:57:58.741Z.