MarketFriction

Zodiac Clothing Company Ltd

NSE ZODIACLOTH · BSE 521163 · Garments & Apparels
₹66.71 -3.36%
NSE close2026-10-01
52 week range58.50 - 104.00
Market cap₹184 Cr.
Price band 20% Delivery 86.8%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales32.2536.5144.0637.8742.8545.7447.9439.1036.5141.2744.6333.31
Expenses35.8140.0250.6447.0846.5649.8852.0643.0043.0543.1744.9936.55
Operating Profit-3.56-3.51-6.58-9.21-3.71-4.14-4.12-3.90-6.54-1.90-0.36-3.24
OPM %-11.04%-9.61%-14.93%-24.32%-8.66%-9.05%-8.59%-9.97%-17.91%-4.60%-0.81%-9.73%
Other Income-0.317.34-0.116.322.501.523.072.603.302.614.342.30
Interest1.781.671.851.891.891.942.222.382.662.662.442.37
Depreciation5.044.785.055.065.165.075.115.455.836.376.146.06
Profit before tax-10.69-2.62-13.59-9.84-8.26-9.63-8.38-9.13-11.73-8.32-4.60-9.37
Tax %2.25%3.82%-0.15%-0.81%70.58%5.61%-62.17%1.97%0.77%3.85%14.35%-4.70%
Net Profit-10.93-2.72-13.57-9.77-14.08-10.16-3.18-9.32-11.82-8.64-5.27-8.93
EPS in Rs-4.20-1.05-5.22-3.76-5.42-3.91-1.22-3.59-4.55-3.32-1.92-3.25
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales349280238216191100127175146174162156
Expenses344289260227182122143180163193174168
Operating Profit5-8-22-119-22-17-5-18-19-13-12
OPM %1.5%-2.9%-9%-5%4.7%-22%-13%-2.9%-12%-11%-8%-8%
Other Income321113122526468131313
Interest55561510788101010
Depreciation111211113523191819202424
Profit before tax-8-4-26-25-30-30-1616-36-36-34-34
Tax %-2%3%-10%7%-4%-1%-1%-3%0%3%4%
Net Profit-8-4-23-27-29-29-1616-36-37-35-35
EPS in Rs-4.21-2.24-12.03-12.58-12.89-11.87-6.616.15-13.99-14.31-12.76-13.04
Dividend Payout %-24%-45%-8%-8%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-7%10%-3%-11%
Compounded Profit Growth%-6%-26%6%
Stock Price CAGR-10%-10%-21%-29%
Return on Equity-10%-12%-16%-18%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital202020202122252526262627
Reserves248243280268283237231222253220180155
Borrowings58725967641429073648694107
Other Liabilities716252564139343933465053
Total Liabilities396396410411409440380359376378350342
Fixed Assets131142142135128193151125116139143150
CWIP653332133610
Investments486472565428365184653839
Other Assets210184193217224217191181174168167153
Total Assets396396410411409440380359376378350342
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity14193-37-2511-9-51-5-149
Cash from Investing Activity-16-381634-103387161727-4
Cash from Financing Activity-17-17135-36-2-10-15-15-13-7
Net Cash Flow-3-122-1-17-2-82-3-0-1
Free Cash Flow-6-5-8-40-306-10-9-4-18-185
CFO/OP72%416%-77%154%206%130%36%37%-40%36%75%-74%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days403229453933656252534343
Inventory Days169185221291428471648456273353320368
Days Payable787892136108120196187107202187240
Cash Conversion Cycle131140159200359384517331217204176170
Working Capital Days35146081106981859383483012
ROCE %5%-1%-2%-6%-4%-4%-5%-3%-4%-8%-8%-8%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters71.40%71.40%71.40%71.40%71.40%71.40%71.40%71.40%71.40%71.40%72.93%72.93%
FIIs0.00%0.00%0.01%0.02%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public28.59%28.60%28.59%28.57%28.60%28.59%28.58%28.58%28.59%28.59%27.08%27.06%
No. of Shareholders9,76510,38610,37911,33811,15510,77410,75410,74310,77810,60310,43710,277

Fundamentals

Market Cap₹ 184 Cr.
Current Price₹ 68.2
Book Value₹ 66.3
ROCE-8.03 %
ROE-18.1 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-11%
Compounded Profit Growth (TTM)6%
Consolidated figures.
Valuation
Market capRs 180 Cr
Enterprise valueRs 281 Cr
Price to book0.99x
Price to sales1.16x
EV / EBITDA550.89x
EV / sales1.80x
Price to cash flow19.13x
Earnings yield-19.27%
P/B, 3-year average1.11x
P/E, 5-year average13.31x
P/B, 5-year average1.00x
Profitability
Operating margin (excl. other income)-7.86%
Operating margin (incl. other income)0.09%
EBITDA margin0.33%
Pre-tax margin-21.85%
Net profit margin-22.26%
Net margin, latest quarter-26.81%
ROE-18.08%
ROCE-8.03%
ROA-10.13%
ROE, 3-year average-16.14%
ROCE, 3-year average-8.28%
ROA, 3-year average-10.00%
ROE, 5-year average-9.77%
ROCE, 5-year average-4.08%
ROA, 5-year average-6.02%
ROIC (approx.)-8.75%
Tax rate-3.73%
Other income / net worth7.06%
Growth
Sales growth (latest year)-7.39%
Sales CAGR, 3 years-2.60%
Sales CAGR, 5 years10.04%
Sales growth QoQ-25.36%
Sales growth YoY (latest quarter)-14.81%
Per share
EPS (TTM)Rs -12.86
EPS (latest quarter)Rs -3.31
EPS, 3-year averageRs -14.15
EPS, 5-year averageRs -7.19
Book value per shareRs 67.50
Sales per shareRs 57.76
Cash flow per shareRs 3.49
Free cash flow per shareRs 1.85
Efficiency
Asset turnover0.47x
Fixed asset turnover1.08x
Inventory turnover0.99x
Inventory days368 days
Debtor days43 days
Debtors turnover8.51x
Creditor days240 days
Cash conversion cycle170 days
Working capital days12 days
Leverage
Total debtRs 107 Cr
Cash and bankRs 6 Cr
Net debtRs 101 Cr
Debt to equity0.59x
Net debt / EBITDA198.22x
Interest coverage-2.36x
Owners' fund to total sources53.19%
Debt to assets31.25%
Cash flow
Cash from Operating Activity (latest year)Rs 9 Cr
Cash from Investing Activity (latest year)Rs -4 Cr
Cash from Financing Activity (latest year)Rs -7 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs 5 Cr
FCFE (approx.: FCF + change in debt)Rs 18 Cr
Sales to cash flow17.18x
Statement figures
Net sales (TTM)Rs 156 Cr
Net sales (latest year)Rs 162 Cr
Sales (latest quarter)Rs 33 Cr
Operating profit excl. other income (latest year)Rs -13 Cr
Operating profit (latest quarter)Rs -3 Cr
Other income (TTM)Rs 13 Cr
EBITDA (TTM)Rs 1 Cr
PBDT (TTM)Rs -10 Cr
Profit before tax (TTM)Rs -34 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs -35 Cr
Net profit (latest year)Rs -35 Cr
Net profit (latest quarter)Rs -9 Cr
Depreciation (TTM)Rs 24 Cr
Depreciation (latest quarter)Rs 6 Cr
Interest (TTM)Rs 10 Cr
Cost of goods sold (latest year)Rs 61 Cr
Total expenditure (latest year)Rs 174 Cr
Total income (latest year)Rs 174 Cr
Share capitalRs 27 Cr
ReservesRs 155 Cr
Shareholders' fundsRs 182 Cr
Total assetsRs 342 Cr
Net blockRs 150 Cr
InvestmentsRs 39 Cr
ReceivablesRs 19 Cr
InventoryRs 61 Cr
Other liabilitiesRs 53 Cr
Shares outstanding (crore)2.70
Ownership
Promoter holding72.93% (+1.53 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 0.95 is at the 8th percentile (median 1.17).
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.
PeriodZODIACLOTHNifty 50Difference
1 week-3.6%-2.8% -0.9 pts
1 month-8.7%-6.8% -1.9 pts
3 months-13.8%-7.6% -6.2 pts
6 months+12.0%+0.4% +11.6 pts
1 year-33.0%-9.9% -23.1 pts
2 years-48.1%-13.6% -34.6 pts
3 years-51.3%+14.2% -65.5 pts
5 years-44.0%+27.9% -71.9 pts

Red flags

F-score 4 of 8
lookRepeated losses Net loss in each of the last two years
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 2026
Sales ₹33 Cr -14.8% vs Jun 2025. Net loss ₹9 Cr.
Against our estimate for Jun 2026: sales -7.1%, profit -11.3% in line. Our estimate for Sep 2026: sales Rs 33 Cr, profit Rs -8 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2023-09-18Annual General Meeting
2022-09-19Annual General Meeting
2021-09-16 Annual General Meeting
2020-12-17 Annual General Meeting
2019-07-25 Dividend - Re 1 Per Share
2018-08-21 Annual General Meeting/Dividend- Re 1 Per Share
2017-08-02 Annual General Meeting/Dividend - Re 1/- Per Share
2016-08-03 Annual General Meeting/Dividend - Re 1/- Per Share
2015-07-29Annual General Meeting/Dividend Rs 2.50/- Per Share
2015-03-20Interim Dividend - Re 0.60/- Per Share
2014-07-30Annual General Meeting / Dividend - Rs 4.50/- Per Share
2013-08-01Annual General Meeting And Dividend Rs.2/- Per Share
2013-02-21Interim Dividend Rs 1.50 Per Share
2012-02-24Interim Dividend Re.1/- Per Share
2011-09-27Bonus 1:20.6667
2011-07-07Annual General Meeting And Dividend Rs.5/- Per Share
2010-08-23Bonus 1:20.6667
2010-07-16Annual General Meeting And Dividend Rs.7/- Per Share
2009-08-17Agm/Div-Rs.6.50 Per Share
2008-08-11Agm/Div-Rs.6.50 Per Share
2007-09-14Agm/Fin Div-Re.1/- Per Sh
2007-03-22Int Div-Rs.5/- Per Share Purpose Revised
2006-08-17Agm/Dividend-Rs.5 Per Sh
DateTypeWhat it says
2026-09-30Shareholder meetingVoting results.
2026-09-30General UpdatesGeneral Updates
2026-09-30Shareholder meetingProceedings of Annual General Meeting held on September 30, 2026
2026-09-08General UpdatesGeneral Updates
2026-09-07UpdatesCut Off Date.
2026-09-07Shareholder meetingNotice of Annual General Meeting to be held on September 30, 2026
2026-08-12General UpdatesAnnual General Meeting.
2026-08-12Statement of deviation(s) orStatement of deviation(s) or variation(s) under Reg. 32
2026-08-12Board meeting outcomeZodiac Clothing Company Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-11General UpdatesGeneral Updates
2026-08-10General UpdatesGeneral Updates
2026-05-28Statement of deviation(s) orStatement of deviation(s) or variation(s) under Reg. 32
2026-05-28Board meeting outcomeZodiac Clothing Company Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-04-10Credit RatingCredit Rating
2026-04-08Disclosure under SEBI TakeovZodiac Clothing Company Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of Indi...
2026-02-19UpdatesThe financial results for the period ended December 31, 2025.
2026-02-13Change in ManagementThe appointment of Mr. Salman Yusuf Noorani as the Chairman of the Company.
2026-02-13Board meeting outcomeZodiac Clothing Company Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2026-01-17AllotmentAllotment of 1464414 securities pursuant to Preferential Issue at its meeting held on January 16, 2026 through Circular Resolution.
2026-01-05Shareholder meetingZodiac Clothing Company Limited has submitted the Exchange a copy of Scrutinizers report of Postal Ballot along with voting results.
2025-12-16CorrigendumZodiac Clothing Company Limited has submitted Corrigendum to the Notice of Postal Ballot dated 4th December, 2025.
2025-12-04Shareholder meetingNotice of Postal Ballot
2025-11-12Amendment to AOA/MOAThe Amendment to AOA/MOA of the company.
2025-11-12Director changeChange in Director(s) of the company.
2025-11-12Preferential issuePreferential issue
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.
EPS in the scrip is zero (4 trailing quarters)Less than 100 unique PAN traded in previous 30 daysLoss making

Quick answers

What is the market cap of Zodiac Clothing Company Ltd?

Zodiac Clothing Company Ltd (ZODIACLOTH) has a market capitalisation of Rs 184 Cr. at the 2026-10-01 close.

What were Zodiac Clothing Company Ltd's latest quarterly results?

In the Jun 2026 quarter, Zodiac Clothing Company Ltd sales was Rs 33 Cr (-14.8% vs Jun 2025) with a net loss of Rs 9 Cr.

What is the 52-week high and low of Zodiac Clothing Company Ltd?

The 52-week high is Rs 104.00 and the 52-week low is Rs 58.50.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03