Enerzal

Mumbai, India Founded: 1936 • Age: 90 yrs Listed
Provides powdered and liquid energy drinks to refuel, replenish, and rehydrate users.
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About Enerzal

Enerzal is a publicly listed company based in Mumbai (India) founded in 1936. It provides powdered and liquid energy drinks to refuel, replenish, and rehydrate users. It operates on a D2C and B2C model in Consumer and Healthcare sectors. The company has 6,548 employees. Its Indian entity Fdc Limited reported revenue of ₹2,284 Cr. Enerzal offers products and services including Enerzal Energy Drink Powder Lime Flavour, Enerzal Energy Drink Powder Orange Flavour, Enerzal Zero Hydration Drink Powder, Enerzal Zero Energy Drink Liquid, and Enerzal Orange Sachet. Its focus areas include Food and Beverage Tech, Beverages, Energy Drinks and Health and Wellness. Its competitors include JOULESHEALTH, Amrit Bottles and EVOCUS; 1 of its 3 listed competitors has raised funding.

Company details

Enerzal is a balanced energy drink containing carbohydrates and electrolytes, designed to refuel energy, replenish lost electrolytes, and rehydrate during activities like workouts or daily chores. Available in various flavors and formats such as sachets, pouches, and liquids, it caters to calorie-conscious individuals and diabetics with zero-calorie options. Based in India, it targets consumers seeking optimum performance in their daily routines, including gym sessions and household tasks.

  • Headquarters Mumbai, India
  • Employees 6,548
  • Stage Public
  • Sectors
    Consumer
    Healthcare
  • Website enerzal.com
  • Social X Facebook Instagram YouTube
  • Legal Name Fdc Limited
  • Date of Incorporation 23 Sep, 1940
  • Jurisdiction Chhatrapati Sambhaji Nagar, Maharashtra, India
Operational Areas
Consumer → Food & Beverage Products & Processing
Healthcare → Alternative Medicine Products
Key Metrics
  • Market Cap
    ₹6,392 Cr

    FDC · NSE

  • Share Price
    ₹394.20

    +0.41% today

  • Revenue
    ₹2,171 Cr

    FY 2025-26 · +3.0% YoY

  • EBITDA
    ₹325 Cr

    Margin 15.0%

  • Net Profit
    ₹268 Cr

    FY 2025-26 · +5.5% YoY

  • P/E (TTM)
    19.3x

    P/B 2.4x

  • ROE
    11.8%

    ROCE 15.6%

  • Debt / Equity
    0.01

    Interest cover 1.9x

  • Employee Count
    6,548

Products & Services of Enerzal

Enerzal offers a comprehensive portfolio of products and services, including Enerzal Energy Drink Powder Lime Flavour, Enerzal Energy Drink Powder Orange Flavour, Enerzal Zero Hydration Drink Powder, Enerzal Zero Energy Drink Liquid, and Enerzal Orange Sachet.

Enerzal Energy Drink Powder Lime Flavour
Beverage

Powdered drink for energy and hydration during physical activities.

Enerzal Energy Drink Powder Orange Flavour
Beverage

Orange-flavored powder to replenish electrolytes and refuel energy.

Enerzal Zero Hydration Drink Powder
Beverage

Zero-calorie powder for hydration without added calories.

Enerzal Zero Energy Drink Liquid
Beverage

Liquid form for quick rehydration and electrolyte balance.

Enerzal Orange Sachet
Beverage

Portable sachet for on-the-go energy and hydration needs.

Apps and channels of Enerzal

its YouTube channel Enerzal has 5.78K subscribers and 30 videos.

Enerzal
YouTube 5.78K subscribers 30 videos Howto & Style
Open channel

Videos from Enerzal

The most watched videos on Enerzal's YouTube channel, Enerzal (5.78K subscribers). Click a video to play it here.

Har pyas ka rang hai blue. #Blitz now available at your nearest chemist and online! #TasteKiyaKya
924.1K views
Win the battle against vector-borne diseases with Enerzal. - Maine Bola Tha Na
509.6K views
Hot Enerzal for Winter Dehydration
385.8K views
Days full of adventure, energy and hydration!!
142.4K views

More on Enerzal.

Board of directors of Fdc Limited (Enerzal)

Fdc Limited is the primary company behind Enerzal. The board of Fdc Limited currently have 10 directors; the longest-serving is Nandan Mohan Chandavarkar, appointed in 1993. 15 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Nandan Mohan Chandavarkar
DIN 00043511
Whole-time director30 Sep 199333 yrs 1 moFdc Limited
Ameya Ashok Chandavarkar
DIN 00043238
Whole-time director01 Apr 200224 yrs 7 moFdc Limited
Mohan Chandavarkar Anand
DIN 00043344
Managing Director01 Apr 200917 yrs 7 moFdc Limited
Ashok Anand Chandavarkar
DIN 00042719
Whole-time director01 Mar 201115 yrs 8 moFdc Limited
Nomita Ramdas Chandavarkar
DIN 00042332
Director02 Jun 201412 yrs 5 moFdc Limited
Mahesh Chandru Bijlani
DIN 08447258
Director10 May 20197 yrs 6 moFdc Limited
Vijay Maniar
DIN 00750905
Director04 Aug 20224 yrs 3 moFdc Limited
Vijay Nautamlal Bhatt
DIN 00751001
Director25 May 20233 yrs 5 moFdc Limited
Charuta Nityanath Mandke
DIN 08953268
Director07 Aug 20242 yrs 3 moFdc Limited
Kishore Mukund Saletore
DIN 01705850
Additional Director01 Apr 20267 moFdc Limited

IPO & Listings of Enerzal

Enerzal is a publicly listed company on the NSE with ticker symbol FDC in India, operating in the Pharmaceuticals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • Listed onNSE: FDC
  • Listed entityFdc Limited
  • Exchange sectorPharmaceuticals

Financials of Enerzal

Exchange-reported figures of Fdc Limited, the listed company behind Enerzal (NSE: FDC).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹2,171 Cr
+3.0% YoY
EBITDA
₹325 Cr
+0.2% YoY
Profit After Tax
₹268 Cr
+5.5% YoY
Net Worth
₹2,485 Cr
+8.9% YoY
Total Assets
₹2,529 Cr
+8.2% YoY
Total Debt
₹15.47 Cr
-26.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2,1712,1081,9431,7841,5281,3331,344
Revenue growth+3.0%+8.5%+8.9%+16.7%+14.6%-0.8%-
EBITDA325325339251254332292
EBITDA margin+15.0%+15.4%+17.4%+14.1%+16.6%+24.9%+21.7%
Profit before tax375357396258289388320
Net profit268254289190211284236
Net profit margin+12.3%+12.0%+14.9%+10.6%+13.8%+21.3%+17.5%
EPS (₹)17.2916.3918.7511.7012.8217.8514.03
Balance sheet
Total assets2,5292,3382,1482,0281,9891,7491,563
Net worth2,4852,2812,0971,9821,9571,7341,547
Total debt15.4721.1720.5228.3232.2014.5415.08
Cash & bank50.0052.7726.2924.9438.6631.5832.32
Net working capital301251314266234212184
Cash flow
Cash from operations200318221155162207250
Cash from investing(110)(199)(17.08)11.20(145)(77.18)(98.42)
Cash from financing(93.33)(92.12)(202)(180)(9.84)(129)(142)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue572668585465473648492464
Revenue growth (YoY)+21.0%+3.0%+18.9%+0.1%-7.9%+1.6%--
Other income17.9447.6649.8920.8020.6335.5016.0818.83
EBITDA64.2914310631.4933.8114053.9846.65
EBITDA margin+11.2%+21.4%+18.2%+6.8%+7.1%+21.6%+11.0%+10.1%
Depreciation15.9815.1314.3514.7815.2014.9115.5613.36
Interest0.840.831.551.121.151.171.190.95
Profit before tax65.4117514036.3938.0916053.3151.17
Tax16.3542.2136.968.089.7238.4214.6314.14
Net profit49.0613210328.3128.3712138.6837.03
EPS (₹)3.018.146.351.741.757.452.382.28
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2,1262,0701,9161,7771,5191,3251,331
Revenue growth+2.7%+8.0%+7.8%+17.0%+14.6%-0.4%-
EBITDA331320338255247324284
EBITDA margin+15.6%+15.5%+17.7%+14.3%+16.3%+24.5%+21.3%
Profit before tax378368398266285380325
Net profit272261291197214275242
Net profit margin+12.8%+12.6%+15.2%+11.1%+14.1%+20.8%+18.2%
EPS (₹)17.5616.8118.8712.1113.0117.4514.43
Balance sheet
Total assets2,5372,3442,1482,0261,9801,7371,557
Net worth2,4932,2872,0971,9811,9491,7221,542
Total debt15.4721.0620.2727.6731.4314.0415.08
Cash & bank38.7840.9721.6520.8032.0626.8628.96
Net working capital287237305263224205182
Cash flow
Cash from operations200310221165162210239
Cash from investing(109)(199)(17.75)3.73(147)(84.15)(84.89)
Cash from financing(93.15)(92.10)(202)(180)(9.70)(126)(142)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue553655564458462642482459
Revenue growth (YoY)+19.7%+2.0%+17.1%-0.2%-8.6%+2.9%--
Other income18.6247.3447.1722.0720.9135.5931.4318.64
Total expenses491512453429427501429413
EBITDA61.6914311228.8234.9014152.8245.94
EBITDA margin+11.2%+21.8%+19.8%+6.3%+7.6%+22.0%+11.0%+10.0%
Depreciation15.9515.0914.3114.7515.1714.8715.5313.32
Interest0.830.821.501.121.151.161.180.94
Profit before tax63.5317414335.0239.4916167.5450.32
Tax15.8442.2535.897.8310.0138.6919.3313.87

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 09 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue572668585465473648492464
Revenue growth (YoY)+21.0%+3.0%+18.9%+0.1%-7.9%+1.6%--
Other income17.9447.6649.8920.8020.6335.5016.0818.83
EBITDA64.2914310631.4933.8114053.9846.65
EBITDA margin+11.2%+21.4%+18.2%+6.8%+7.1%+21.6%+11.0%+10.1%
Depreciation15.9815.1314.3514.7815.2014.9115.5613.36
Interest0.840.831.551.121.151.171.190.95
Profit before tax65.4117514036.3938.0916053.3151.17
Tax16.3542.2136.968.089.7238.4214.6314.14
Net profit49.0613210328.3128.3712138.6837.03
EPS (₹)3.018.146.351.741.757.452.382.28
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,1712,1081,9431,7841,5281,3331,344
Revenue growth+3.0%+8.5%+8.9%+16.7%+14.6%-0.8%-
Other income11490.6610249.8676.0997.0468.90
Total expenses1,8461,7831,6041,5331,2741,0011,052
Employee cost483482413391343296277
EBITDA325325339251254332292
EBITDA margin+15.0%+15.4%+17.4%+14.1%+16.6%+24.9%+21.7%
Depreciation59.2453.7339.9238.9437.3037.8137.46
Interest4.994.514.034.093.093.433.42
Profit before tax375357396258289388320
Tax93.1890.4391.1663.9773.2386.5280.07
Net profit268254289190211284236
Net profit margin+12.3%+12.0%+14.9%+10.6%+13.8%+21.3%+17.5%
EPS (₹)17.2916.3918.7511.7012.8217.8514.03
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital16.2816.2816.2816.5916.8816.8817.10
Reserves & surplus2,4692,2652,0811,9651,9401,7171,530
Shareholders' funds (net worth)2,4852,2812,0971,9821,9571,7341,547
Minority interest0.000.000.00(0.64)(0.43)(0.17)0.00
Secured loans0.000.000.000.000.000.000.00
Unsecured loans15.4721.1720.5228.3232.2014.5415.08
Total debt15.4721.1720.5228.3232.2014.5415.08
Total liabilities2,5292,3382,1482,0281,9891,7491,563
Assets
Gross block1,3741,180987973947898845
Net block999852680699705689674
Capital work in progress96.4913726119810519.2123.85
Investments1,0481,028843806886790665
Inventories355375389329305215210
Sundry debtors15210911712382.17111124
Cash & bank balances50.0052.7726.2924.9438.6631.5832.32
Loans & advances10367.4283.9093.4973.8951.8758.87
Total current assets660604616570499409425
Total current liabilities359353303304265196241
Net working capital301251314266234212184
Total assets2,5292,3382,1482,0281,9891,7491,563
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash51.4725.4223.8937.7330.4329.8819.92
Net cash from operating activities200318221155162207250
Net cash from investing activities(110)(199)(17.08)11.20(145)(77.18)(98.42)
Net cash from financing activities(93.33)(92.12)(202)(180)(9.84)(129)(142)
Net change in cash(2.79)26.051.53(13.84)7.290.559.96
Closing cash50.0052.7726.2924.9438.6631.5832.32
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+3.0%+8.5%+8.9%+16.7%+14.6%-0.8%-
EBITDA growth+0.2%-4.1%+34.9%-1.1%-23.6%+13.7%-
PBT growth+4.9%-9.9%+53.7%-10.9%-25.4%+21.2%+35.2%
Net income growth+5.5%-12.2%+52.3%-10.2%-25.5%+20.4%-
Revenue CAGR (3Y)+6.8%+11.3%+13.4%+9.9%+11.9%+7.4%+9.9%
EBITDA CAGR (3Y)+9.0%+8.6%+0.7%-4.9%+3.6%+13.6%+7.1%
Profitability & leverage
Net income margin+13.0%+12.7%+15.7%+10.9%+14.2%+22.6%+17.9%
Return on capital employed+15.6%+16.1%+19.2%+13.0%+15.7%+23.6%+21.5%
Return on net worth+11.8%+12.2%+15.0%+9.8%+11.7%+18.4%+16.0%
Debt / equity0.010.010.010.020.010.010.01
Long-term debt / equity0.000.010.010.010.010.010.00
Interest cover1.881.661.351.931.431.171.34
Efficiency & per share
Fixed asset turnover1.701.951.981.861.661.531.62
Inventory turnover5.955.525.425.635.886.287.01
Debtors turnover16.6618.6416.1917.4215.8611.3812.72
EPS (₹)17.2916.3918.7511.7012.8217.8514.03
Dividend per share (₹)5.005.000.000.000.000.000.80
Book value per share (₹)152.64140.11128.81119.47115.92102.7390.51
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue553655564458462642482459
Revenue growth (YoY)+19.7%+2.0%+17.1%-0.2%-8.6%+2.9%--
Other income18.6247.3447.1722.0720.9135.5931.4318.64
Total expenses491512453429427501429413
EBITDA61.6914311228.8234.9014152.8245.94
EBITDA margin+11.2%+21.8%+19.8%+6.3%+7.6%+22.0%+11.0%+10.0%
Depreciation15.9515.0914.3114.7515.1714.8715.5313.32
Interest0.830.821.501.121.151.161.180.94
Profit before tax63.5317414335.0239.4916167.5450.32
Tax15.8442.2535.897.8310.0138.6919.3313.87
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,1262,0701,9161,7771,5191,3251,331
Revenue growth+2.7%+8.0%+7.8%+17.0%+14.6%-0.4%-
Other income11110610353.9178.7397.1582.66
Total expenses1,7951,7501,5781,5221,2721,0011,048
Employee cost476477409387340294276
EBITDA331320338255247324284
EBITDA margin+15.6%+15.5%+17.7%+14.3%+16.3%+24.5%+21.3%
Depreciation59.1053.6139.7338.7637.0837.6237.36
Interest4.924.494.004.043.053.403.41
Profit before tax378368398266285380325
Tax92.4494.0590.7864.7265.8285.9678.68
Net profit272261291197214275242
Net profit margin+12.8%+12.6%+15.2%+11.1%+14.1%+20.8%+18.2%
EPS (₹)17.5616.8118.8712.1113.0117.4514.43
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital16.2816.2816.2816.5916.8816.8817.10
Reserves & surplus2,4762,2712,0811,9641,9321,7051,525
Shareholders' funds (net worth)2,4932,2872,0971,9811,9491,7221,542
Secured loans0.000.000.000.000.000.000.00
Unsecured loans15.4721.0620.2727.6731.4314.0415.08
Total debt15.4721.0620.2727.6731.4314.0415.08
Total liabilities2,5372,3442,1482,0261,9801,7371,557
Assets
Gross block1,3691,176986972942891841
Net block994848676695701685670
Capital work in progress96.4913626119810419.2123.85
Investments1,0701,050850806886790665
Inventories344368383323304213209
Sundry debtors14210411512179.71108124
Cash & bank balances38.7840.9721.6520.8032.0626.8628.96
Loans & advances11270.8584.8210172.4251.6358.42
Total current assets637583605566488400421
Total current liabilities349346300303264195239
Net working capital287237305263224205182
Total assets2,5372,3442,1482,0261,9801,7371,557
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash39.6720.7719.7531.1325.7226.5214.36
Net cash from operating activities200310221165162210239
Net cash from investing activities(109)(199)(17.75)3.73(147)(84.15)(84.89)
Net cash from financing activities(93.15)(92.10)(202)(180)(9.70)(126)(142)
Net change in cash(2.21)18.901.02(11.38)5.41(0.80)12.16
Closing cash38.7840.9721.6520.8032.0626.8628.96
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+2.7%+8.0%+7.8%+17.0%+14.6%-0.4%-
EBITDA growth+3.5%-5.4%+33.0%+3.1%-23.9%+14.4%-
PBT growth+2.9%-7.6%+49.8%-6.9%-25.0%+16.9%+37.7%
Net income growth+4.5%-10.4%+47.9%-8.3%-22.1%+13.5%-
Revenue CAGR (3Y)+6.2%+10.9%+13.1%+10.1%+12.2%+7.7%+9.7%
EBITDA CAGR (3Y)+9.2%+9.1%+1.4%-3.5%+4.5%+14.0%+6.3%
Profitability & leverage
Net income margin+13.5%+13.2%+16.0%+11.3%+14.5%+22.2%+18.5%
Return on capital employed+15.7%+16.6%+19.3%+13.5%+15.5%+23.3%+22.0%
Return on net worth+12.0%+12.5%+15.1%+10.2%+12.0%+18.0%+16.6%
Debt / equity0.010.010.010.020.010.010.01
Long-term debt / equity0.000.010.010.010.010.010.00
Interest cover1.811.681.341.871.451.191.38
Efficiency & per share
Fixed asset turnover1.671.921.961.861.661.531.61
Inventory turnover5.985.515.425.675.886.276.97
Debtors turnover17.2718.9516.2517.6916.2011.4312.82
EPS (₹)17.5616.8118.8712.1113.0117.4514.43
Dividend per share (₹)5.005.000.000.000.000.000.80
Book value per share (₹)153.10140.48128.81119.39115.44102.0290.18

Competitors of Enerzal

Enerzal has 3 listed competitors in our database, 1 of them funded. They include JOULESHEALTH, Amrit Bottles and EVOCUS.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
JOULESHEALTH
jouleshealth.com2018Bengaluru, India$236,683
Health-focused energy drinks are distributed via an internet-first brand.
Amrit Bottles
amritbottlers.com1982Faizabad, India463
Manufactures soft drinks and PET preforms as supplier and exporter.
EVOCUS
drinkevocus.com2018Vadodara, India66
Alkaline-infused sports drinks are developed with enhanced minerals and water.
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Detailed competitors of Enerzal

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

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Web traffic of Enerzal

The website of Enerzal (enerzal.com) receives about 5.6K visits a month.

  • Monthly visits
    5.6K

    ▼ 68.3% vs previous month

Top companies in Food & Beverage Products & Processing

3 companies that operate in the same segment as Enerzal (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Country Delight
Platform offering a subscription-based delivery service for fresh milk and groceries
2015Gurugram, Haryana, IndiaUSD 228.42 MUSD 99.78 M3,464
Blue Tokai Coffee Roasters
Subscription-based coffee products are offered by an internet-first brand.
2013Gurugram, Haryana, IndiaUSD 112.84 MUSD 25.83 M2,059
Licious
Meat and seafood products are delivered via an online platform.
2015Bengaluru, Karnataka, IndiaUSD 564.84 MUSD 143.51 M2,828
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Exchange Update • 20 days ago
F D C Says High Court Granted Interim Stay To Impugned Notice Of FSSAI
Reuters • 2 months ago
F D C June-Quarter Consol Profit 1.32 Billion Rupees
Reuters • 3 months ago
Australian construction firm FDC files for IPO at $668 million valuation
Reuters • 4 months ago
F D C Says Food Safety Officials Visited Company's Warehouse At Chhatrapati Sambhaji Nagar And Nagpur
Reuters • 5 months ago
F D C March-Quarter Consol Profit 1.03 Billion Rupees
Reuters • 5 months ago
F D C Says Co Granted ANDA Approval By U.S. FDA For Cefixime Oral Suspension
Reuters • 5 months ago
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Frequently Asked Questions about Enerzal

Enerzal was founded in 1936.

Enerzal is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Enerzal has 6,548 employees.

The primary company behind Enerzal, Fdc Limited, reported revenue of ₹2,284 Cr for FY 2026, up 3% year on year.

Enerzal is a balanced energy drink containing carbohydrates and electrolytes, designed to refuel energy, replenish lost electrolytes, and rehydrate during activities like workouts or daily chores. Available in various flavors and formats such as sachets, pouches, and liquids, it caters to calorie-conscious individuals and diabetics with zero-calorie options. Based in India, it targets consumers seeking optimum performance in their daily routines, including gym sessions and household tasks.

Enerzal's top competitors include EVOCUS, JOULESHEALTH and Amrit Bottles.

Enerzal offers Enerzal Energy Drink Powder Lime Flavour, Enerzal Energy Drink Powder Orange Flavour, Enerzal Zero Hydration Drink Powder, Enerzal Zero Energy Drink Liquid, and Enerzal Orange Sachet.

Yes, Enerzal is publicly traded on NSE under the ticker symbol FDC.

Enerzal operates through Fdc Limited.

The legal entities of Enerzal currently have 12 directors, including Mahesh Chandru Bijlani, Varsharani Rajaram Katre, Vijay Maniar and others.

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