ZODIACLOTHConsumer Discretionary

Zodiac Clothing Company Limited

Garments & Apparels · ISIN INE206B01013 · BSE 521163 · NSE EQ · FV ₹10
Last price
₹69
-0.23%today
What this company does

Zodiac Clothing Company Limited operates in Garments & Apparels, part of the Consumer Discretionary sector. It booked ₹33 cr of revenue in its latest quarter (Q1 FY27) and kept -26.8% of sales as profit.

In the report:
34out of 100
Equitytale Health Score
Strained

Healthier than 34% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 301–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
oversold
RSI (14)
24

At close. Not part of the score.

Profitability & returns5

How much profit it earns on the money it employs

Balance sheet33

How much it owes, and whether earnings cover the interest

Cash quality22

Whether reported profit actually arrives as cash

Growth & consistency21

Whether sales and profit have grown, and how steadily

Valuation67

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Some things to watch
Strengths
Promoters hold 73%
No promoter shares pledged
Watch-outs
! Currently loss-making
! Thin -26.8% net margin
! Sales down 15% vs last year
! Low -19.6% return on equity

What if I invest in ZODIACLOTH?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹69 -0.23%
latest close · 2026-09-17
1-year return
-34.9%
52-wk low ₹6752-wk high ₹139
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio1.04Moderate
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-19.6%Loss
WeakFairStrong ▸15%
Return on capital-12.3%Loss
WeakFairStrong
Net margin-26.8%Loss
ThinDecentStrong
EBITDA margin-2.8%Loss
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.27Comfortable
LowModerateHigh ▸1
Interest cover-3.0×Risky
RiskyOkayStrong ▸5×
Current ratio1.10Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹190 cr
Book value
₹66
EPS
₹-3.25
latest quarter
Net debt
₹42 cr
owes more than its cash
Enterprise value
₹232 cr
EBITDA
₹-4 cr
annualised
EBIT
₹-28 cr
annualised
Operating margin
-21.0%
Return on assets
-10.4%
Earnings yield
P/S
1.42
Sales / share
₹48.5
Tax rate
Face value
₹10
Shares
2.7 cr
Working capital
₹11 cr
Current assets
₹126 cr
Current liabilities
₹114 cr
Delivery %
77.0%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The company's latest annual profit was negative, so we won't call it cheap off older profits.

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹33 cr
Other Income₹2 cr
Total Income₹36 cr
Cost of Materials₹12 cr
Purchases of Stock-in-Trade₹18.8 L
Inventory Change (±)₹69.4 L
Employee Benefit Expense₹11 cr
Finance Costs₹2 cr
Depreciation & Amortisation₹6 cr
Other Expenses₹13 cr
Total Expenses₹45 cr
Profit before Tax₹-9 cr
Tax Expense₹-44.2 L
Net Profit₹-9 cr
Net margin on total income-25.1%
Where the money goes · Q1 FY27
% of total spend
Materials + stock-in-trade₹13 cr27.9%
Employee benefit expense₹11 cr24.1%
Finance costs₹2 cr5.3%
Depreciation & amortisation₹6 cr13.5%
Other expenses₹13 cr29.2%
Total income ₹36 cr

The company made a net loss of ₹9 cr this quarter — income covered only 79 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue41 cr45 cr33 cr
Total income44 cr49 cr36 cr
Expenses52 cr54 cr45 cr
Profit before tax-8 cr-5 cr-9 cr
Tax31.5 L65.9 L-44.2 L
Net profit (owners' share)-9 cr-5 cr-9 cr
Net margin (owners' share, on revenue)-20.9%-11.8%-26.8%
EPS (₹)-3.32-2.00-3.25
YoY (latest quarter): total income -14.6% · net profit
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹342 cr
Shareholder equity
₹182 cr
parent shareholders
Total debt
₹48 cr
Cash
₹6 cr
Cash flow · H1 FY26
Operating
₹8 cr
Investing
₹1 cr
Financing
₹-9 cr
Peer comparison
Garments & Apparels · by market value
CompanyPriceMarket capP/E
Page Industries Limited₹35,020₹39,061 cr50.6
Arvind Limited₹542₹14,198 cr66.4
Gokaldas Exports Limited₹728₹5,331 cr30.1
Pearl Global Industries Limited₹1,143₹5,279 cr13.1
Lux Industries Limited₹1,043₹3,263 cr35.4
Kewal Kiran Clothing Limited₹490₹3,036 cr20.4
S. P. Apparels Limited₹1,003₹2,522 cr25.4
Kitex Garments Limited₹121₹2,406 cr
SBC Exports Limited₹48₹2,298 cr60.3
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹1
ex 25 Jul 2019
ActionDetailEx-date
Dividend₹1 / share25 Jul 2019
Dividend₹1 / share21 Aug 2018
Dividend₹1 / share2 Aug 2017
Dividend₹1 / share3 Aug 2016
Dividend₹2.5 / share29 Jul 2015
Dividend₹0.6 / share20 Mar 2015
Who owns it · 2026-06-30
No pledge
Promoter
72.9%
Public
27.1%
Promoter stake up 1.5% over the last 12 quarters.
Smart-money activity
Insider trades
SoldSALMAN YUSUF NOORANI · Promoters9.86 L28 Dec 23
BoughtSalman Yusuf Noorani · Promoters5.06 L28 Dec 23
BoughtAnees Yusuf Noorani · Promoters4.80 L28 Dec 23
Bulk / block deals
SoldYUGA STOCKS AND COMMODITIES PRIVATE LIMITED . · NSE1.50 L @ ₹177.3625 Jun 24
BoughtYUGA STOCKS AND COMMODITIES PRIVATE LIMITED . · NSE1.50 L @ ₹177.0925 Jun 24
SoldNK SECURITIES RESEARCH PRIVATE LIMITED · NSE1.49 L @ ₹172.5825 Jun 24
Stake changes
BoughtMr. Salman Yusuf Noorani · promoter→ 22.04% · 2.44 L16 Jan 26
BoughtMrs. Zehra Salman Noorani · promoter→ 0.89% · 2.44 L16 Jan 26
BoughtMs. Saniyya Noorani · promoter→ 1.41% · 3.87 L16 Jan 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 3 Jan 2026
See the official result
1
RAISING OF FUNDS THROUGH ISSUE OF EQUITY SHARES ON PREFERENTIAL ALLOTMENT BASIS TO THE INDIVIDUAL INVESTORS - PROMOTER & PROMOTERS GROUP FOR CASH.
Backed by 100% of shareholders other than promotersneeded 75%
2.41 L votes for, 347 against
2
RE-APPOINTMENT OF MR. S. Y. NOORANI (DIN: 00068423) AS THE MANAGING DIRECTOR OF THE COMPANY AND APPROVAL OF THE REMUNERATION PAYABLE TO HIM.
Backed by 100% of shareholders other than promotersneeded 75%
2.40 L votes for, 952 against
3
APPOINTMENT OF MR. MOHAMED MUSAED ABU NASR NOORANI (DIN: 06955214) AS A NON- EXECUTIVE, NON-INDEPENDENT DIRECTOR OF THE COMPANY.
Backed by 100% of shareholders other than promotersneeded 75%
2.40 L votes for, 917 against
4
ALTERATIONS IN THE ARTICLES OF ASSOCIATION OF THE COMPANY.
Backed by 100% of shareholders other than promotersneeded 75%
2.41 L votes for, 382 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 14 named members
owning 72.9% between them · as of 2026-06-30
SALMAN YUSUF NOORANI22.04%
LATE MOHAMED ANEES NOORANI21.85%
ASIA TANGIBLE INVESTMENTS PTE LTD.11.49%
EURO GLOBAL HOLDINGS PTE. LTD.11.49%
ADNAN SALMAN NOORANI1.62%
SANIYYA NOORANI1.41%
ZEHRA SALMAN NOORANI0.89%
LATE MOHAMMED Y NOORANI0.85%
Business done with them
FY2025 · 1 of the group
The company paid ₹23.9 L to companies in the promoter group last year — about 0.1% of its ₹174 cr revenue.
ADNAN SALMAN NOORANI
Other payments to them · As given
also owns 1.62% of the company
₹23.9 L
company paid

The company also transacted with 17 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹15 cr raised in Jan 2026 by selling shares to selected investors

The company has not broken this money down into purposes in its filing for Jun 2026, so there is nothing to measure it against yet.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.