Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.59 | 0.00 | 0.08 | 0.00 | 0.59 | 0.71 | 0.30 | 0.64 | 0.66 | 1.23 | 0.90 | 1.11 |
| Expenses | -0.12 | -0.12 | -3.82 | -0.56 | -0.43 | -0.37 | -0.53 | -0.29 | 0.02 | 0.83 | 0.56 | 0.96 |
| Operating Profit | 0.71 | 0.12 | 3.90 | 0.56 | 1.02 | 1.08 | 0.83 | 0.93 | 0.64 | 0.40 | 0.34 | 0.15 |
| OPM % | 120.34% | 4,875.00% | 172.88% | 152.11% | 276.67% | 145.31% | 96.97% | 32.52% | 37.78% | 13.51% | ||
| Other Income | 0.06 | 0.06 | 0.16 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.27 | 0.51 | 0.58 | 0.64 |
| Interest | 0.12 | 0.12 | 3.86 | 0.56 | 0.43 | 0.82 | 0.53 | 0.55 | 0.51 | 0.42 | 0.21 | 0.59 |
| Depreciation | 0.01 | 0.01 | 0.06 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 |
| Profit before tax | 0.64 | 0.05 | 0.14 | 0.00 | 0.58 | 0.25 | 0.29 | 0.38 | 0.38 | 0.47 | 0.69 | 0.19 |
| Tax % | 23.44% | 60.00% | 207.14% | 25.86% | 24.00% | 27.59% | 26.32% | 26.32% | 31.91% | 24.64% | 26.32% | |
| Net Profit | 0.51 | 0.03 | -0.15 | 0.00 | 0.35 | 0.22 | 0.27 | 0.30 | 0.29 | 0.32 | 0.63 | 0.15 |
| EPS in Rs | 0.06 | 0.00 | -0.02 | 0.00 | 0.04 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.08 | 0.02 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.63 | 25.86 | 0.76 | 0.28 | 0.22 | 12.41 | 0.80 | 98.52 | 0.59 | 1.60 | 3.43 | 3.90 |
| Expenses | -3.40 | 10.19 | -3.80 | -2.95 | -3.79 | 7.23 | -3.52 | 87.93 | -0.71 | -1.90 | 1.03 | 2.37 |
| Operating Profit | 5.03 | 15.67 | 4.56 | 3.23 | 4.01 | 5.18 | 4.32 | 10.59 | 1.30 | 3.50 | 2.40 | 1.53 |
| OPM % | 308.59% | 60.60% | 600.00% | 1,153.57% | 1,822.73% | 41.74% | 540.00% | 10.75% | 220.34% | 218.75% | 69.97% | 39.23% |
| Other Income | 0.26 | 0.18 | 0.36 | 0.26 | 0.22 | 0.21 | 2.43 | 0.44 | 0.24 | 0.04 | 1.38 | 2.00 |
| Interest | 4.33 | 6.75 | 4.46 | 3.38 | 3.78 | 4.88 | 5.88 | 6.18 | 0.71 | 2.34 | 1.78 | 1.73 |
| Depreciation | 0.51 | 0.40 | 0.34 | 0.36 | 0.35 | 0.32 | 0.25 | 0.23 | 0.03 | 0.06 | 0.07 | 0.07 |
| Profit before tax | 0.45 | 8.70 | 0.12 | -0.25 | 0.10 | 0.19 | 0.62 | 4.62 | 0.80 | 1.14 | 1.93 | 1.73 |
| Tax % | 31.11% | 38.85% | 108.33% | 36.00% | 50.00% | 21.05% | 33.87% | 23.81% | 52.50% | 15.79% | 26.42% | |
| Net Profit | 0.31 | 5.32 | -0.01 | -0.34 | 0.05 | 0.15 | 0.41 | 3.52 | 0.52 | 1.01 | 1.54 | 1.39 |
| EPS in Rs | 0.02 | 0.28 | -0.01 | -0.05 | 0.00 | 0.01 | 0.05 | 0.25 | 0.06 | 0.12 | 0.19 | 0.18 |
| Dividend Payout % | 23.31% | 1.63% | -74.60% | -9.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 8% | -23% | -67% | 74% | ||
| Compounded Profit Growth | 26% | 86% | -9% | 22% | ||
| Stock Price CAGR | % | -39% | -45% | -56% | ||
| Return on Equity | 6% | 8% | 6% | 5% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.73 | 3.73 | 3.73 | 3.73 | 3.73 | 3.73 | 3.73 | 3.73 | 3.73 | 3.76 | 3.76 | 8.27 |
| Reserves | 8.32 | 8.43 | 11.08 | 7.75 | 7.30 | 7.30 | 7.36 | 3.56 | 5.62 | 10.69 | 10.76 | 35.39 |
| Borrowings | 15.13 | 37.17 | 42.87 | 13.92 | 18.60 | 16.24 | 18.75 | 14.45 | 31.41 | 21.97 | 27.47 | 18.87 |
| Other Liabilities | 40.01 | 43.84 | 57.36 | 114.45 | 127.86 | 149.87 | 154.92 | 160.21 | 93.43 | 0.54 | 17.08 | 24.62 |
| Total Liabilities | 67.19 | 93.17 | 115.04 | 139.85 | 157.49 | 177.14 | 184.76 | 181.95 | 134.19 | 36.96 | 59.07 | 87.15 |
| Fixed Assets | 8.40 | 8.04 | 8.47 | 8.96 | 8.64 | 8.31 | 8.00 | 1.67 | 1.48 | 0.11 | 0.13 | 0.13 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 8.01 | 21.10 | 21.26 | 21.37 |
| Other Assets | 58.78 | 85.12 | 106.56 | 130.88 | 148.84 | 168.82 | 176.75 | 180.27 | 124.70 | 15.75 | 37.68 | 65.65 |
| Total Assets | 67.19 | 93.17 | 115.04 | 139.85 | 157.49 | 177.14 | 184.76 | 181.95 | 134.19 | 36.96 | 59.07 | 87.15 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 0.98 | -15.23 | 8.55 | 24.43 | -1.28 | 6.06 | 2.42 | 6.94 | 72.62 | -4.30 | 3.34 | -18.63 |
| Cash from Investing Activity | -0.13 | -1.37 | -5.96 | 5.29 | -0.04 | -0.01 | -0.01 | 1.55 | -14.94 | 0.14 | -8.14 | 1.32 |
| Cash from Financing Activity | -1.22 | 17.50 | -1.08 | -34.96 | 0.94 | -6.13 | -1.73 | -8.02 | -57.78 | 6.77 | 2.23 | 17.29 |
| Net Cash Flow | -0.38 | 0.90 | 1.51 | -5.24 | -0.38 | -0.09 | 0.69 | 0.47 | -0.10 | 2.61 | -2.57 | -0.02 |
| Free Cash Flow | 0.85 | -15.37 | 7.73 | 23.60 | -1.32 | 6.04 | 2.41 | 6.92 | 72.57 | -4.40 | 3.26 | -18.69 |
| CFO/OP | 46% | -291% | 58% | 558% | -22% | 161% | 51% | 162% | 689% | -340% | 95% | -776% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 0.00 | 177.84 | 4.80 | 0.00 | 0.00 | 274.71 | 1,592.31 | 85.14 | 18.56 | 86.69 | 3.19 |
| Inventory Days | 288.39 | |||||||||||
| Days Payable | 2.89 | |||||||||||
| Cash Conversion Cycle | 0.00 | 0.00 | 177.84 | 4.80 | 0.00 | 0.00 | 274.71 | 1,592.31 | 370.63 | 18.56 | 86.69 | 3.19 |
| Working Capital Days | 7,763.55 | 16,866.13 | 651.66 | 10,003.88 | 28,952.32 | 35,040.00 | 419.71 | 8,171.44 | 50.83 | -6,130.76 | -3,670.53 | 1,330.17 |
| ROCE % | 8.46% | 10.18% | 24.19% | 8.80% | 8.57% | 10.34% | 13.46% | 18.19% | 25.30% | 3.38% | 8.88% | 7.10% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 64.33% | 64.33% | 64.62% | 64.62% | 64.62% | 64.62% | 64.62% | 64.62% | 29.37% | 29.37% | 29.37% | 29.37% |
| Public | 35.66% | 35.67% | 35.37% | 35.38% | 35.39% | 35.39% | 35.39% | 35.38% | 70.63% | 70.63% | 70.63% | 70.63% |
| No. of Shareholders | 2,580 | 3,186 | 4,834 | 19,843 | 25,606 | 31,592 | 31,500 | 30,223 | 32,096 | 32,029 | 31,998 | 31,844 |
Fundamentals
Market Cap₹ 13.2 Cr.
Current Price₹ 1.59
Stock P/E9.46
Book Value₹ 5.28
ROCE7.10 %
ROE5.29 %
Dividend Yield6.29 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)74%
Compounded Profit Growth (TTM)22%
Consolidated figures.
Valuation
Market capRs 13 Cr
Enterprise valueRs 32 Cr
P/E (TTM)9.16x
Price to book0.29x
Price to sales3.27x
EV / EBITDA8.93x
EV / EBIT9.11x
EV / sales8.09x
Earnings yield10.91%
P/E, 3-year average35.16x
P/B, 3-year average1.57x
P/E, 5-year average70.48x
P/B, 5-year average4.47x
Profitability
Operating margin (excl. other income)69.97%
Operating margin (incl. other income)110.20%
EBITDA margin90.51%
Pre-tax margin44.36%
Net profit margin35.64%
Net margin, latest quarter13.51%
ROE5.29%
ROCE7.10%
ROA2.11%
ROE, 3-year average5.55%
ROCE, 3-year average6.63%
ROA, 3-year average1.61%
ROE, 5-year average9.15%
ROCE, 5-year average15.93%
ROA, 5-year average1.27%
ROIC (approx.)4.08%
Tax rate26.42%
Other income / net worth3.16%
Growth
Sales growth (latest year)114.38%
Profit growth (latest year)52.48%
Sales CAGR, 3 years-67.35%
Sales CAGR, 5 years-22.68%
Profit CAGR, 3 years-9.24%
Profit CAGR, 5 years85.56%
Sales growth QoQ23.33%
Profit growth QoQ-76.19%
Sales growth YoY (latest quarter)73.44%
Profit growth YoY (latest quarter)-50.00%
Per share
EPS (TTM)Rs 0.17
EPS (latest year)Rs 0.19
EPS (latest quarter)Rs 0.02
EPS, 3-year averageRs 0.20
EPS, 5-year averageRs 0.25
Book value per shareRs 5.28
Sales per shareRs 0.47
Cash flow per shareRs -2.25
Free cash flow per shareRs -2.26
Efficiency
Asset turnover0.04x
Fixed asset turnover26.38x
Inventory turnover-0.05x
Debtor days3 days
Debtors turnover114.33x
Creditor days3 days
Cash conversion cycle3 days
Working capital days1330 days
Leverage
Total debtRs 19 Cr
Cash and bankRs 0 Cr
Net debtRs 19 Cr
Debt to equity0.43x
Net debt / EBITDA5.33x
Interest coverage2.00x
Owners' fund to total sources50.10%
Debt to assets21.65%
Cash flow
Cash from Operating Activity (latest year)Rs -19 Cr
Cash from Investing Activity (latest year)Rs 1 Cr
Cash from Financing Activity (latest year)Rs 17 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -19 Cr
FCFE (approx.: FCF + change in debt)Rs -27 Cr
Cash from ops / profit, 5 years8.57x
Statement figures
Net sales (TTM)Rs 4 Cr
Net sales (latest year)Rs 3 Cr
Sales (latest quarter)Rs 1 Cr
Operating profit excl. other income (latest year)Rs 2 Cr
Operating profit (latest quarter)Rs 0 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 4 Cr
PBDT (TTM)Rs 2 Cr
Profit before tax (TTM)Rs 2 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 2 Cr
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs -2 Cr
Total expenditure (latest year)Rs 1 Cr
Total income (latest year)Rs 5 Cr
Share capitalRs 8 Cr
ReservesRs 35 Cr
Shareholders' fundsRs 44 Cr
Total assetsRs 87 Cr
Net blockRs 0 Cr
InvestmentsRs 21 Cr
ReceivablesRs 0 Cr
InventoryRs 31 Cr
Other liabilitiesRs 25 Cr
Shares outstanding (crore)8.27
Ownership
Promoter holding29.37% (-35.25 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 9.2 is at the 9th percentile of its own 3.8-year range
(median 48.3, low 8.3, high 377.5).
P/B 0.29 is at the 1th percentile (median 8.64).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 503641 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -8.9% | -2.8% | -6.1 pts |
| 1 month | -3.7% | -6.8% | +3.0 pts |
| 3 months | -9.4% | -7.6% | -1.8 pts |
| 3 years | -84.4% | +14.2% | -98.6 pts |
| 5 years | -91.7% | +27.9% | -119.6 pts |
Red flags
F-score 5 of 8| explain | Weak cash conversion Cash from operations was -638% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 23% of total assets in 2026 |
| look | Profit leans on other income Other income was 72% of pre-tax profit in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹1 Cr +73.4% vs Jun 2025.
Net profit ₹0 Cr -50.0%.
Activity
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| Marc Technocrats Ltd | 256 | 24.3 | 29.2 % |
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| AAA Technologies Ltd | 129 | 62.0 | 8.96 % |
| Techknowgreen Solutions Ltd | 98 | 10.1 | 28.2 % |
| Artefact Projects Ltd | 39 | 7.45 | 10.2 % |
| Dhruv Consultancy Services Ltd | 39 | -32.5 % | |
| Invigorated Business Consulting Ltd | 37 | % | |
| Walchand Peoplefirst Ltd | 36 | 8.00 | 15.7 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Zodiac Ventures Ltd?
Zodiac Ventures Ltd (503641) has a market capitalisation of Rs 13.2 Cr. at the 2026-10-01 close.
What is the P/E ratio of Zodiac Ventures Ltd?
Zodiac Ventures Ltd trades at a P/E of 9.46 on trailing twelve-month profit, at the 2026-10-01 close.
What were Zodiac Ventures Ltd's latest quarterly results?
In the Jun 2026 quarter, Zodiac Ventures Ltd sales was Rs 1 Cr (+73.4% vs Jun 2025) and net profit was Rs 0 Cr.