Zodiac Clothing Company Ltd

Zodiac Clothing Company Ltd

₹ 76.8 -0.22%
27 May - close price
About

Incorporated in 1984, Zodiac Clothing Company Limited deals in clothing and clothing accessories[1]

Key Points

Business Overview:[1]
ZCCL is in the business of cutting, stitching, washing, and pressing of fabric into apparels. It operates in men’s formal wear through its flagship brand, Zodiac, in party /club wear through its sub-brand, ZOD!, and in relaxed casual wear through its sub-brand, Z3. These brands are licensed by ZCCL from its group company, Metropolitan Trading Company, that is 100% owned by the promoters under a perpetual licensing arrangement. MTC charges a royalty of 1% on annual turnover from ZCCL

  • Market Cap 211 Cr.
  • Current Price 76.8
  • High / Low 119 / 58.5
  • Stock P/E
  • Book Value 57.4
  • Dividend Yield 0.00 %
  • ROCE -7.35 %
  • ROE -18.5 %
  • Face Value 10.0

Pros

  • Promoter holding has increased by 1.53% over last quarter.
  • Company's working capital requirements have reduced from 28.3 days to 10.3 days

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 9.88% over past five years.
  • Company has a low return on equity of -17.2% over last 3 years.
  • Earnings include an other income of Rs.11.4 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
41.18 32.29 32.15 35.43 44.26 37.70 42.20 45.62 47.39 39.03 36.34 40.42 44.33
45.18 37.85 35.34 38.61 49.49 46.29 45.33 48.96 50.77 41.99 41.72 40.88 43.84
Operating Profit -4.00 -5.56 -3.19 -3.18 -5.23 -8.59 -3.13 -3.34 -3.38 -2.96 -5.38 -0.46 0.49
OPM % -9.71% -17.22% -9.92% -8.98% -11.82% -22.79% -7.42% -7.32% -7.13% -7.58% -14.80% -1.14% 1.11%
42.41 1.68 -0.59 6.93 -0.47 5.98 2.16 1.18 2.68 2.25 2.93 1.98 4.23
Interest 1.54 1.45 1.78 1.67 1.85 1.89 1.89 1.94 2.22 2.38 2.66 2.66 2.43
Depreciation 4.24 4.09 4.97 4.71 4.98 4.99 5.10 5.00 5.03 5.35 5.73 5.95 5.83
Profit before tax 32.63 -9.42 -10.53 -2.63 -12.53 -9.49 -7.96 -9.10 -7.95 -8.44 -10.84 -7.09 -3.54
Tax % -0.37% -3.93% 2.09% -0.76% -0.64% -0.74% 72.86% 4.18% -3.90% 2.13% 0.83% 4.51% 18.64%
32.75 -9.05 -10.76 -2.61 -12.45 -9.42 -13.76 -9.48 -7.64 -8.63 -10.92 -7.41 -4.20
EPS in Rs 12.60 -3.48 -4.14 -1.00 -4.79 -3.62 -5.29 -3.65 -2.94 -3.32 -4.20 -2.85 -1.53
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
323 301 269 236 214 189 100 128 169 144 173 160
315 302 275 258 224 179 121 143 174 160 189 168
Operating Profit 8 -2 -6 -22 -9 10 -21 -15 -5 -15 -16 -8
OPM % 3% -1% -2% -9% -4% 5% -21% -12% -3% -11% -9% -5%
16 11 17 16 8 17 31 32 45 7 11 11
Interest 4 5 5 5 6 15 10 7 8 8 9 10
Depreciation 8 9 11 11 10 35 23 18 17 19 20 23
Profit before tax 12 -5 -5 -21 -18 -23 -23 -9 15 -35 -34 -30
Tax % 20% -29% 29% -9% 4% -9% 3% 12% -4% -1% 17% 4%
10 -4 -6 -19 -18 -21 -24 -10 16 -35 -40 -31
EPS in Rs 4.87 -1.85 -2.99 -9.67 -8.66 -9.49 -9.66 -3.99 6.07 -13.41 -15.51 -11.35
Dividend Payout % 64% -54% -33% -10% -12% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -6%
5 Years: 10%
3 Years: -2%
TTM: -7%
Compounded Profit Growth
10 Years: %
5 Years: -10%
3 Years: -16%
TTM: 21%
Stock Price CAGR
10 Years: -10%
5 Years: -6%
3 Years: -7%
1 Year: -31%
Return on Equity
10 Years: -10%
5 Years: -13%
3 Years: -17%
Last Year: -18%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 20 20 20 20 21 22 25 25 26 26 26 27
Reserves 162 157 232 224 244 203 203 199 230 197 154 130
52 66 59 67 60 142 90 73 64 86 94 107
60 55 50 56 41 39 34 38 32 46 51 53
Total Liabilities 293 298 361 366 367 406 351 335 353 355 325 317
95 108 141 133 127 191 149 122 114 138 135 140
CWIP 6 5 3 2 2 2 0 1 1 0 1 0
Investments 22 21 73 57 54 29 37 51 84 64 39 40
169 164 144 174 183 184 166 161 153 153 150 137
Total Assets 293 298 361 366 367 406 351 335 353 355 325 317

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
2 4 -3 -39 -34 10 -9 -5 -1 -6 -12
-3 -11 15 40 2 24 6 14 16 21 25
1 7 -10 1 32 -33 -2 -10 -15 -15 -13
Net Cash Flow 0 -1 1 2 0 1 -5 -1 0 0 0
Free Cash Flow -16 -20 -15 -43 -39 6 -10 -8 -3 -14 -14
CFO/OP 18% -274% 1% 167% 342% 108% 41% 36% 5% 43% 75%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 33 29 28 39 38 31 61 58 53 57 44 42
Inventory Days 203 222 239 288 433 476 651 434 287 358 325 373
Days Payable 87 90 97 135 109 122 199 181 112 209 196 244
Cash Conversion Cycle 149 162 170 192 362 385 514 311 228 207 173 171
Working Capital Days 36 24 7 22 58 58 139 88 82 48 26 10
ROCE % 7% -0% 1% -5% -3% -2% -3% -0% -5% -8% -8% -7%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Number of Permanent Employees
Number

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Number of COCO/Retail Stores
Number
Number of Multi-brand Outlet (MBO) Counters (ZODIAC)
Number
Debtors Turnover Ratio (Standalone)
Times
Gross Current Asset (GCA) Days
Days

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Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
71.40% 71.40% 71.40% 71.40% 71.40% 71.40% 71.40% 71.40% 71.40% 71.40% 71.40% 72.93%
0.04% 0.00% 0.00% 0.01% 0.02% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
28.55% 28.59% 28.60% 28.59% 28.57% 28.60% 28.59% 28.58% 28.58% 28.59% 28.59% 27.08%
No. of Shareholders 8,7949,76510,38610,37911,33811,15510,77410,75410,74310,77810,60310,437

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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