Zeal Global Services (NSE:ZEAL) Shares Outstanding (EOP): 13 Mil (As of Mar. 2026)


NSE:ZEAL Zeal Global Services Ltd NSE:ZEAL
57 GF Score
Price ₹67.00
GF Value ₹199.34
Valuation Possible Value Trap
! 7 Warning Signs
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What is Zeal Global Services Shares Outstanding (EOP)?

Zeal Global Services NSE:ZEAL 57 Shares Outstanding (EOP) is 13 Mil as of Mar. 2026. GuruFocus rates NSE:ZEAL with a GF Score™ of 57/100 and a GF Value™ of ₹199.34 (Possible Value Trap). The stock has 7 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Zeal Global Services's shares outstanding for the quarter that ended in Mar. 2026 was 13 Mil.

Zeal Global Services's quarterly shares outstanding stayed the same from Sep. 2025 (13 Mil) to Mar. 2026 (13 Mil).

Zeal Global Services's annual shares outstanding declined from Mar. 2025 (13 Mil) to Mar. 2026 (13 Mil). It means Zeal Global Services bought back shares from Mar. 2025 to Mar. 2026 .


Zeal Global Services  (NSE:ZEAL) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Zeal Global Services Shares Outstanding (EOP) Related Terms


Zeal Global Services Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Zeal Global Services's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zeal Global Services Shares Outstanding (EOP) Chart

Zeal Global Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shares Outstanding (EOP)
Get a 7-Day Free Trial 13.31 13.31 13.31 13.31 13.30

Zeal Global Services Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 13.31 13.31 13.31 13.32 13.32

NSE:ZEAL vs UPS, FDX, JBHT: Shares Outstanding (EOP) Comparison

For the Integrated Freight & Logistics subindustry, Zeal Global Services's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zeal Global Services Shares Outstanding (EOP) vs Transportation Industry

For the Transportation industry and Industrials sector, Zeal Global Services's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Zeal Global Services's Shares Outstanding (EOP) falls into.


NSE:ZEAL
57GF Score
Zeal Global Services Ltd NSE:ZEAL
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Zeal Global Services Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 13 Mil mean?
Zeal Global Services (NSE:ZEAL) has a Shares Outstanding (EOP) of 13 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Zeal Global Services and its competitors.
Is Zeal Global Services' Shares Outstanding (EOP) too high?
Zeal Global Services' current Shares Outstanding (EOP) is 13 Mil. Overall, Zeal Global Services has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zeal Global Services' Shares Outstanding (EOP) compare to UPS and FDX?
Zeal Global Services' Shares Outstanding (EOP) of 13 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Transportation company?
A good Shares Outstanding (EOP) depends on the Transportation industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Zeal Global Services and its competitors. Zeal Global Services's current Shares Outstanding (EOP) is 13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zeal Global Services stock overvalued right now?
Based on GuruFocus' analysis, Zeal Global Services (NSE:ZEAL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹199.34, compared to a current price of ₹67.00 — trading 66.4% below its estimated fair value. The current Shares Outstanding (EOP) is 13 Mil. Zeal Global Services' overall GF Score™ is 57/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Zeal Global Services (NSE:ZEAL), the current Shares Outstanding (EOP) is 13 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zeal Global Services (NSE:ZEAL) Overvalued in 2026?

Based on GuruFocus' analysis, Zeal Global Services stock appears to be undervalued. The current stock price of ₹67.00 is trading 66.4% below its estimated GF Value™ of ₹199.34. GuruFocus considers Zeal Global Services to be Possible Value Trap.

Key valuation signals for NSE:ZEAL:

  • Shares Outstanding (EOP): 13 Mil
  • GF Value™: ₹199.34 vs. price of ₹67.00 (66.4% below fair value)
  • GF Score™: 57/100 with 7 warning signs

No single metric tells the full story. See the NSE:ZEAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zeal Global Services Business Description

Address Street No. 6, A - 261/262, Third Floor, Mahipalpur Extension, New Delhi, IND, 110037
Zeal Global Services Ltd is engaged in the business of providing logistics solutions in the Air Cargo Industry. It has been operating as General Sales and Service Agent (GSSA) and sales partner for airlines in the region. The Company realizes that clients have specific requirements with regard to their shipments. Its approach is to bring economical solutions to its client's freighting needs through - excessive aircraft, load and destination compatibility analysis to suit the ever-changing needs of various industries such as fashion, pharmaceuticals, automotive and industrials. The company has one segment Air Cargo Service.
57GF Score

Get the complete analysis for NSE:ZEAL

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹67.00
Price
₹199.34
GF Value