### **Overview** Z-Tech (India) Limited, founded in 1994 and headquartered in New Delhi, has evolved from a civil construction firm into a multidisciplinary infrastructure and sustainability solutions company. The company operates under three core business segments: 1. **Creative Parks Development (Habitat)** 2. **Industrial Wastewater Management (Agua | GEIST)** 3. **Geo-Technical Specialized Solutions (Terra)** With a mission to integrate innovation, sustainability, and community development, Z-Tech is redefining urban infrastructure through eco-conscious public spaces, advanced water treatment technologies, and resilient geotechnical engineering. --- ### **Core Business Segments** #### **1. Creative Parks Development – "ZingPark" (Habitat Vertical)** - **Brand & Rebranding**: The company has rebranded its experiential entertainment segment as **ZingPark**, consolidating its identity in the creative parks domain. - **Sustainable Design**: Creative parks are built using **circular economy principles**, transforming over **5,000 tonnes of reclaimed scrap** into thematic public installations (“Waste-to-Art”). - **Themes**: Parks feature customizable themes including educational, spiritual, wellness, adventure, historical, music, and sports, tailored to local culture and community needs. - **Flagship Projects**: - **Shivalaya Park (Prayagraj)**: Inaugurated by the Honorable Prime Minister, attracted >300,000 visitors post-launch. - **Happiness Park (Lucknow)**: Surpassed 137,000 visitors in one month of operation. - **World of Dinosaurs & Automobiles (Pimpri-Chinchwad)**: Inaugurated by the Maharashtra CM. - **Fast Forward Sports Arena (Lucknow/Noida)**: A hybrid recreational-sports facility featuring cricket, basketball, pickleball, and golf ranges. - **Business Model**: Primarily operates under **Public-Private Partnership (PPP)** frameworks with local governments. Revenue is generated via: - Ticketing - Vendor rentals - Events & F&B - Long-term O&M rights (e.g., 20-year agreements) - **Performance**: - Delivered **17+ parks**, **11 under construction**. - Target: **15–20 operational parks by March 2026**, scale to **100+ in 3 years**. - **Creative Parks** contribute **~77.74%** of total revenue. - **New Verticals**: - **Fast Forward Sports Arenas** (under 2 acres, standalone or integrated) - **Pet Parks** targeting urban, premium audiences - **Urban Forests**, **Health Parks**, **Divyang-friendly (Sashakti Base)** designs --- #### **2. Industrial Wastewater Management – "Agua | GEIST"** - **Technology**: Proprietary **GEIST technology**, acquired in 2020 from Earl Exim Pvt Ltd, enables sustainable treatment and resource recovery: - Freeze Crystallization - Calcium & Magnesium Recovery - Selective Extraction - Stable Bleaching Powder Production - **Applications**: Serves industries with high chemical wastewater load – chemicals, food processing, fluorine derivatives, municipal utilities. - **Performance**: - Recycled **over 517 million gallons of wastewater** across **6+ clients** in 4 years. - Business currently contributes **5.21%** of total revenue. - **Business Models**: - **EPC** (Engineering, Procurement, Construction) - **DBO** (Design-Build-Operate) - **EPC & O&M** - Future shift to **BOO (Build-Own-Operate)** for annuity income. - **Strategic Moves**: - Relocating operations from **Goa to Vadodara (FY27)** for better customer proximity and **higher margins**. - Exploring monetization of recovered chemical by-products. --- #### **3. Geo-Technical Specialized Solutions – "Terra"** - **Focus**: Solutions in soil and rock mechanics, including: - Retaining walls, slope stabilization - Embankments, erosion control - Ground improvement, landslide mitigation - Drainage & asphalt reinforcement - **Clients & Projects**: - Serves major infrastructure developers (GMR, Tata Projects, NCC, Grasim) - Public sector partners include NHAI, Smart Cities, and municipal bodies. - Executed **300+ projects** in **25 years**, contributing **17.05%** of revenue. - **Business Model**: Operates on **EPC & O&M** or **Engineering & Supervision** basis. **Asset-light**, no direct capital investment. - **Market Demand**: Fueled by national projects like **Bharatmala** and riverbank development initiatives. --- ### **Strategic Acquisitions & Technological Expansion** #### **Acquisition of Grace Green Infra Pvt Ltd (GGIPL) – 76% Stake** - **Date**: Signed Share Purchase Agreement on **November 18, 2025** - **Why**: To enhance scientific water stewardship and expand environmental infrastructure capabilities. - **Key Technologies Acquired**: - **Grace Vermi-Filtration**: Aeration-free, organic wastewater treatment producing **reusable-quality water** (Ministry of Jal Shakti certified). - **Grace Packaged FRP STPs** (1–50 KLD): Modular, **80% lower power consumption**, IIT Bhubaneswar certified. - **Grace Nanobubble & Bio-Remediation**: Increases dissolved oxygen in water bodies by **10x**, aiding sludge digestion and groundwater recharge. - **Strategic Value**: - Enables **eco-friendly water features, lake revival, and sustainable water cycles in ZingPark projects**. - Creates **strong operational synergy** between Creative Parks and Wastewater divisions. - GGIPL brings an **unexecuted order book of ₹22 crore**, enhancing **revenue visibility**. - **Certifications**: Technologies are **government-certified**, strengthening Z-Tech’s position in public infrastructure tenders. --- ### **Operational & Strategic Highlights** #### **Asset-Light Business Model** - Emphasis on **service-based**, low-capital models across all segments. - High **annuity potential**, especially in parks via 20-year PPPs. - Recurring revenue growth supports **long-term sustainability and value creation**. #### **Geographic Expansion** - **Domestic**: Expanding into **South India** (Hyderabad, Bhubaneswar, Tirupati) and **Eastern India** (Agartala). - **International**: Exploring entry into **MENA region**, particularly **Dubai**, with early-stage partnerships being evaluated. #### **R&D & Innovation** - In-house **R&D lab**; collaboration with analytical labs across India. - Focus on **cost efficiency**, **technology upgrades**, and product innovation (e.g., new park typologies, treatment processes). - Led by R&D team including Mr. Vikram Dhuma and Kavya Shree. #### **Funding & Financial Trajectory** - Raised **₹200 crores** via preferential issue and warrants (Feb 2025), used for: - Expansion in parks, geotech, and wastewater - Acquisitions - International scaling - **Financial Performance (FY25, 9 months)**: - Revenue: **₹60 crores** (+32% YoY) - EBITDA: **₹14.95 crores** (+80% YoY) - PAT: **₹11.1 crores** (+92% YoY) - **Projections**: - **FY26 Revenue**: ₹150–175 crores (conservative), **₹200–250 crores** (aspirational) - **PAT (FY26)**: ₹35–40 crores - **Geotech segment** expected to deliver **₹50+ crores revenue in FY26** --- ### **Order Book & Growth Visibility** - **Total Pipeline (as of Aug 2025)**: **₹173 crores** - **Segments**: - **Creative Parks**: ₹128 crore delivered, ₹126 crore ongoing - **Wastewater**: ₹14.26 crore delivered, ₹5.57 crore ongoing - **Geo-Tech**: ₹86.84 crore delivered, ₹68.25 crore ongoing - **Recent PPP Wins** (2024–2025): - **Ahmedabad (AMC)**: Waste-to-Art World Park – **₹20 crores** - **Moradabad**: Waste to Wonder Park – **₹7.12 crores** - **Auraiya (UP)**: Waste to Wonder Park – **₹8.71 crores** - **Jammu Smart City**: Waste to Wonder Park – **₹12 crores** - **Bulandshahr**: Ceramincs Park – **₹5.28 crores** --- ### **Key Differentiators** 1. **Sustainability as Core**: Circular economy, energy-efficient technologies, and environmental restoration embedded in all operations. 2. **High Barrier to Entry**: Proprietary GEIST and Grace Green technologies with government certifications. 3. **First-Mover in Creative Parks**: Near-monopoly in government-backed theme park PPPs. 4. **Execution Excellence**: Delivered projects on aggressive timelines (e.g., Shivalaya Park). 5. **Strong Public-Private Relationships**: Repeat awards from municipal authorities reflect high trust. ---