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Last Updated: April 2, 2026, 3:57 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 521163 | NSE: ZODIACLOTH

Zodiac Clothing Company Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹140.78Undervalued by 110.12%vs CMP ₹67.00

P/E (15.0) × ROE (16.2%) × BV (₹71.00) × DY (2.00%)

Defaults: P/E=15

₹80.07Undervalued by 19.51%vs CMP ₹67.00
MoS: +16.3% (Adequate)Confidence: 55/100 (Moderate)Models: 1 Under, 2 Fair
ModelCategoryValueWeightSignal
PE-ROEEarnings₹95.2149%Under (+42.1%)
Net Asset ValueAssets₹67.3629%Fair (+0.5%)
Revenue MultipleRevenue₹63.3622%Fair (-5.4%)
Consensus (3 models)₹80.07100%Undervalued
Key Drivers: EPS CAGR -32.4% drags value — could be higher if earnings stabilize.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -32.4% · Defaults: P/E=15

*Investments are subject to market risks

Investment Snapshot

55
Zodiac Clothing Company Ltd scores 55/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health56/100 · Moderate
ROCE 8.2% AverageROE 16.2% GoodD/E 0.17 Low debtInterest Coverage 0.0x RiskyProfitable 1/5 years Inconsistent
Smart Money60/100 · Moderate
FII holding stable No changePromoter increased by 1.53% Positive
Earnings Quality50/100 · Moderate
OPM contracting (-8% → -12%) DecliningWorking capital: 35 days (improving) Efficient
Quarterly Momentum60/100 · Moderate
Revenue (4Q): -3% YoY FlatOPM: -4.6% (up 4.5% YoY) Margin expansion
Industry Rank50/100 · Moderate
ROCE 8.2% vs industry 11.4% Average3Y sales CAGR: 11% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:57 am

Market Cap 184 Cr.
Current Price 67.0
Intrinsic Value₹80.07
High / Low 125/58.5
Stock P/E
Book Value 71.0
Dividend Yield0.00 %
ROCE8.18 %
ROE16.2 %
Face Value 10.0
PEG Ratio0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Zodiac Clothing Company Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Zodiac Clothing Company Ltd 184 Cr. 67.0 125/58.5 71.00.00 %8.18 %16.2 % 10.0
VIP Clothing Ltd 153 Cr. 17.0 45.2/14.019.6 21.00.00 %6.21 %3.38 % 2.00
Active Clothing Co Ltd 146 Cr. 94.1 161/82.612.1 53.00.00 %11.7 %11.5 % 10.0
Indian Terrain Fashions Ltd 142 Cr. 28.0 45.0/24.4 36.00.00 %5.17 %22.7 % 2.00
Integra Essentia Ltd 128 Cr. 1.20 2.61/1.0141.5 1.610.00 %4.75 %2.66 % 1.00
Industry Average4,184.42 Cr1,215.8433.42143.320.29%11.36%15.66%7.21

All Competitor Stocks of Zodiac Clothing Company Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 46.0742.0932.9832.2536.5144.0637.8742.8545.7447.9439.1036.5141.27
Expenses 47.5646.0538.7135.8140.0250.6447.0846.5649.8852.0643.0043.0543.17
Operating Profit -1.49-3.96-5.73-3.56-3.51-6.58-9.21-3.71-4.14-4.12-3.90-6.54-1.90
OPM % -3.23%-9.41%-17.37%-11.04%-9.61%-14.93%-24.32%-8.66%-9.05%-8.59%-9.97%-17.91%-4.60%
Other Income 0.9643.011.96-0.317.34-0.116.322.501.523.072.603.302.61
Interest 1.841.541.451.781.671.851.891.891.942.222.382.662.66
Depreciation 4.424.324.165.044.785.055.065.165.075.115.455.836.37
Profit before tax -6.7933.19-9.38-10.69-2.62-13.59-9.84-8.26-9.63-8.38-9.13-11.73-8.32
Tax % 4.12%-0.54%-2.35%2.25%3.82%-0.15%-0.81%70.58%5.61%-62.17%1.97%0.77%3.85%
Net Profit -7.0733.37-9.16-10.93-2.72-13.57-9.77-14.08-10.16-3.18-9.32-11.82-8.64
EPS in Rs -2.8612.84-3.52-4.20-1.05-5.22-3.76-5.42-3.91-1.22-3.59-4.55-3.32

Last Updated: March 3, 2026, 1:42 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 12:16 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 405391349280238216191100127175146174165
Expenses 363369344289260227182122143180163193181
Operating Profit 42225-8-22-119-22-17-5-18-19-16
OPM % 10%6%2%-3%-9%-5%5%-22%-13%-3%-12%-11%-10%
Other Income 363211131225264681312
Interest 55555615107881010
Depreciation 10101112111135231918192023
Profit before tax 3113-8-4-26-25-30-30-1616-36-36-38
Tax % 28%29%-2%3%-10%7%-4%-1%-1%-3%0%3%
Net Profit 229-8-4-23-27-29-29-1616-36-37-33
EPS in Rs 11.354.62-4.21-2.24-12.03-12.58-12.89-11.87-6.616.15-13.99-14.31-12.68
Dividend Payout % 40%67%-24%-45%-8%-8%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-59.09%-188.89%50.00%-475.00%-17.39%-7.41%0.00%44.83%200.00%-325.00%-2.78%
Change in YoY Net Profit Growth (%)0.00%-129.80%238.89%-525.00%457.61%9.98%7.41%44.83%155.17%-525.00%322.22%

Zodiac Clothing Company Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:-8%
5 Years:-2%
3 Years:11%
TTM:17%
Compounded Profit Growth
10 Years:%
5 Years:-7%
3 Years:%
TTM:1%
Stock Price CAGR
10 Years:-9%
5 Years:-3%
3 Years:0%
1 Year:-23%
Return on Equity
10 Years:-9%
5 Years:-11%
3 Years:-13%
Last Year:-16%

Last Updated: September 5, 2025, 1:56 pm

Balance Sheet

Last Updated: December 4, 2025, 2:14 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 19202020202122252526262626
Reserves 241248243280268283237231222253220180159
Borrowings 5058725967641429073648694114
Other Liabilities 79716252564139343933465050
Total Liabilities 389396396410411409440380359376378350348
Fixed Assets 123131142142135128193151125116139143158
CWIP 4653332133611
Investments 50486472565428365184653836
Other Assets 212210184193217224217191181174168167154
Total Assets 389396396410411409440380359376378350348

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 3914193-37-2511-9-51-5-14
Cash from Investing Activity + -18-16-381634-103387161727
Cash from Financing Activity + -10-17-17135-36-2-10-15-15-13
Net Cash Flow 11-3-122-1-17-2-82-3-0
Free Cash Flow 23-6-5-8-40-306-10-9-4-18-18
CFO/OP 116%72%416%-77%154%206%130%36%37%-40%36%75%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-8.00-36.00-67.00-67.00-89.00-75.00-133.00-112.00-90.00-69.00-104.00-113.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 384032294539336562525343
Inventory Days 157169185221291428471648456273353320
Days Payable 83787892136108120196187107202187
Cash Conversion Cycle 112131140159200359384517331217204176
Working Capital Days 33351460811069818593834835
ROCE %11%5%-1%-2%-6%-4%-4%-5%-3%-4%-8%-9%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Jan 2026
Promoters 71.40%71.40%71.40%71.40%71.40%71.40%71.40%71.40%71.40%71.40%71.40%72.93%
FIIs 0.04%0.00%0.00%0.01%0.02%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public 28.55%28.59%28.60%28.59%28.57%28.60%28.59%28.58%28.58%28.59%28.59%27.06%
No. of Shareholders 8,7949,76510,38610,37911,33811,15510,77410,75410,74310,77810,60310,583

Shareholding Pattern Chart

No. of Shareholders

Zodiac Clothing Company Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) -14.31-13.996.42-6.61-13.04
Diluted EPS (Rs.) -14.31-13.996.42-6.61-13.04
Cash EPS (Rs.) -6.46-6.6712.960.89-2.42
Book Value[Excl.RevalReserv]/Share (Rs.) 79.0794.67107.4099.49103.44
Book Value[Incl.RevalReserv]/Share (Rs.) 79.0794.67107.4099.49103.44
Revenue From Operations / Share (Rs.) 67.0956.0967.2551.1540.43
PBDIT / Share (Rs.) -2.99-4.040.423.341.07
PBIT / Share (Rs.) -10.84-11.36-6.39-4.16-8.37
PBT / Share (Rs.) -13.89-13.965.99-6.65-12.02
Net Profit / Share (Rs.) -14.31-13.996.15-6.61-11.87
NP After MI And SOA / Share (Rs.) -14.31-13.996.15-6.61-11.87
PBDIT Margin (%) -4.45-7.200.626.532.65
PBIT Margin (%) -16.15-20.25-9.50-8.12-20.70
PBT Margin (%) -20.70-24.888.91-12.99-29.73
Net Profit Margin (%) -21.32-24.949.14-12.92-29.35
NP After MI And SOA Margin (%) -21.32-24.949.14-12.92-29.35
Return on Networth / Equity (%) -18.09-14.785.72-6.64-11.47
Return on Capital Employeed (%) -11.48-10.31-5.44-3.75-6.88
Return On Assets (%) -10.62-9.514.19-4.51-7.63
Long Term Debt / Equity (X) 0.000.000.010.020.03
Total Debt / Equity (X) 0.220.160.130.190.17
Asset Turnover Ratio (%) 0.470.380.470.350.25
Current Ratio (X) 1.231.492.061.491.89
Quick Ratio (X) 0.600.871.280.700.97
Inventory Turnover Ratio (X) 2.781.020.990.680.40
Interest Coverage Ratio (X) -0.97-1.560.161.340.29
Interest Coverage Ratio (Post Tax) (X) -3.69-4.39-2.37-1.65-2.25
Enterprise Value (Cr.) 266.73310.51237.25286.60255.70
EV / Net Operating Revenue (X) 1.532.131.362.262.55
EV / EBITDA (X) -34.32-29.55216.7634.6296.14
MarketCap / Net Operating Revenue (X) 1.311.901.211.962.29
Price / BV (X) 1.111.130.751.010.89
Price / Net Operating Revenue (X) 1.311.901.211.962.29
EarningsYield -0.16-0.130.07-0.06-0.12

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Zodiac Clothing Company Ltd. is a Public Limited Listed company incorporated on 14/06/1984 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L17100MH1984PLC033143 and registration number is 033143. Currently Company is involved in the business activities of Manufacture of all types of textile garments and clothing accessories. Company's Total Operating Revenue is Rs. 172.91 Cr. and Equity Capital is Rs. 25.99 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Textiles - Readymade ApparelsNyloc House, 254, D-2, Dr. Annie Besant Road, Mumbai Maharashtra 400030Contact not found
Management
NamePosition Held
Mr. A Y NooraniChairman
Mr. S Y NooraniVice Chairman & Mng.Director
Mr. V M ApteDirector
Mr. S R IyerDirector
Dr. Naushad ForbesDirector
Ms. Elizabeth Jane HulseDirector
Mr. Dilip ThakkarDirector
Mr. Amb.Ahmad JavedDirector
Mr. Awais NooraniExecutive Director
Mr. Adnan NooraniExecutive Director

FAQ

What is the intrinsic value of Zodiac Clothing Company Ltd and is it undervalued?

As of 13 April 2026, Zodiac Clothing Company Ltd's intrinsic value is ₹80.07, which is 19.51% higher than the current market price of ₹67.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (16.2 %), book value (₹71.0), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Zodiac Clothing Company Ltd?

Zodiac Clothing Company Ltd is trading at ₹67.00 as of 13 April 2026, with a FY2026-2027 high of ₹125 and low of ₹58.5. The stock is currently near its 52-week low. Market cap stands at ₹184 Cr..

How does Zodiac Clothing Company Ltd's P/E ratio compare to its industry?

Zodiac Clothing Company Ltd has a P/E ratio of , which is below the industry average of 33.42. This is broadly in line with or below the industry average.

Is Zodiac Clothing Company Ltd financially healthy?

Key indicators for Zodiac Clothing Company Ltd: ROCE of 8.18 % is on the lower side compared to the industry average of 11.36%; ROE of 16.2 % shows strong shareholder returns. Dividend yield is 0.00 %.

Is Zodiac Clothing Company Ltd profitable and how is the profit trend?

Zodiac Clothing Company Ltd reported a net profit of ₹-37 Cr in Mar 2025 on revenue of ₹174 Cr. Compared to ₹-16 Cr in Mar 2022, the net profit shows a mixed trend.

Does Zodiac Clothing Company Ltd pay dividends?

Zodiac Clothing Company Ltd has a dividend yield of 0.00 % at the current price of ₹67.00. The company is currently not paying meaningful dividends.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Zodiac Clothing Company Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
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