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Zodiac Clothing

BSE:521163
Snowflake Description

Mediocre balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
521163
BSE
₹6B
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Zodiac Clothing Company Limited designs, manufactures, markets, and sells men’s clothing and clothing accessories in India and internationally. The last earnings update was 251 days ago. More info.


Add to Portfolio Compare Print
  • Zodiac Clothing has significant price volatility in the past 3 months.
521163 Share Price and Events
7 Day Returns
-5.7%
BSE:521163
1.4%
IN Luxury
1.7%
IN Market
1 Year Returns
42.6%
BSE:521163
-3.3%
IN Luxury
0.1%
IN Market
521163 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Zodiac Clothing (521163) -5.7% 26.7% 76.6% 42.6% 11.3% -10.5%
IN Luxury 1.4% 2% 8.4% -3.3% 47.7% 164.2%
IN Market 1.7% 2.7% 5.8% 0.1% 41.6% 73.3%
1 Year Return vs Industry and Market
  • 521163 outperformed the Luxury industry which returned -3.3% over the past year.
  • 521163 outperformed the Market in India which returned 0.1% over the past year.
Price Volatility
521163
Industry
5yr Volatility vs Market
Related Companies

521163 Value

 Is Zodiac Clothing undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Zodiac Clothing. This is due to cash flow or dividend data being unavailable. The share price is ₹247.15.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Zodiac Clothing's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Zodiac Clothing's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:521163 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹-12.03
BSE:521163 Share Price ** BSE (2019-04-18) in INR ₹247.15
India Luxury Industry PE Ratio Median Figure of 240 Publicly-Listed Luxury Companies 12.35x
India Market PE Ratio Median Figure of 2,735 Publicly-Listed Companies 16.29x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Zodiac Clothing.

BSE:521163 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:521163 Share Price ÷ EPS (both in INR)

= 247.15 ÷ -12.03

-20.54x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Zodiac Clothing is loss making, we can't compare its value to the IN Luxury industry average.
  • Zodiac Clothing is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Zodiac Clothing's expected growth come at a high price?
Raw Data
BSE:521163 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -20.54x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India Luxury Industry PEG Ratio Median Figure of 25 Publicly-Listed Luxury Companies 1.57x
India Market PEG Ratio Median Figure of 584 Publicly-Listed Companies 1.33x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Zodiac Clothing, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Zodiac Clothing's assets?
Raw Data
BSE:521163 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹147.33
BSE:521163 Share Price * BSE (2019-04-18) in INR ₹247.15
India Luxury Industry PB Ratio Median Figure of 311 Publicly-Listed Luxury Companies 0.75x
India Market PB Ratio Median Figure of 3,626 Publicly-Listed Companies 1.12x
BSE:521163 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:521163 Share Price ÷ Book Value per Share (both in INR)

= 247.15 ÷ 147.33

1.68x

* Primary Listing of Zodiac Clothing.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Zodiac Clothing is overvalued based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Zodiac Clothing's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Zodiac Clothing has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

521163 Future Performance

 How is Zodiac Clothing expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Zodiac Clothing has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
19.2%
Expected Luxury industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Zodiac Clothing expected to grow at an attractive rate?
  • Unable to compare Zodiac Clothing's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Zodiac Clothing's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Zodiac Clothing's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:521163 Future Growth Rates Data Sources
Data Point Source Value (per year)
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 19.2%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.7%
India Market Revenue Growth Rate Market Cap Weighted Average 11.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:521163 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:521163 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 2,377 -366 -235
2017-03-31 2,805 29 -44
2016-03-31 3,524 193 -82
2015-12-31 3,678 -37
2015-09-30 3,721 -27
2015-06-30 3,818 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Zodiac Clothing is high growth as no earnings estimate data is available.
  • Unable to determine if Zodiac Clothing is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:521163 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Zodiac Clothing Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:521163 Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 -12.03
2017-03-31 -2.24
2016-03-31 -4.21
2015-12-31 -1.91
2015-09-30 -1.36
2015-06-30 -0.18

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Zodiac Clothing will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of 521163’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Zodiac Clothing's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Durables companies here
  3. Zodiac Clothing's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Zodiac Clothing's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Zodiac Clothing has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

521163 Past Performance

  How has Zodiac Clothing performed over the past 5 years?

  • Zodiac Clothing's last earnings update was 251 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Zodiac Clothing's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Zodiac Clothing does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Zodiac Clothing's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Zodiac Clothing's 1-year growth to the IN Luxury industry average as it is not currently profitable.
Earnings and Revenue History
Zodiac Clothing's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Zodiac Clothing Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:521163 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 2,377.11 -234.89 1,032.52
2017-03-31 2,804.66 -43.78 1,112.76
2016-03-31 3,523.66 -82.15 1,176.49
2015-12-31 3,677.58 -37.30 1,662.15
2015-09-30 3,721.28 -26.50 1,670.05
2015-06-30 3,818.38 -3.50 1,660.55
2015-03-31 3,939.58 90.20 1,206.20
2014-12-31 4,004.49 142.81 1,607.67
2014-09-30 4,127.89 170.31 1,591.97
2014-06-30 4,183.69 213.21 1,588.07
2014-03-31 4,105.59 220.01 1,567.87
2013-12-31 3,954.60 188.32 1,453.03
2013-09-30 3,925.70 190.62 1,445.43
2013-06-30 3,693.00 177.02 1,422.03
2013-03-31 3,599.70 140.12 1,421.71
2012-12-31 3,514.77 138.68 1,448.47
2012-09-30 3,490.47 122.48 1,468.47
2012-06-30 3,714.17 132.18 1,480.67

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Zodiac Clothing has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Zodiac Clothing has efficiently used its assets last year compared to the IN Luxury industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Zodiac Clothing improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Zodiac Clothing's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Zodiac Clothing has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

521163 Health

 How is Zodiac Clothing's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Zodiac Clothing's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Zodiac Clothing is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Zodiac Clothing's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Zodiac Clothing's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Zodiac Clothing Company Filings, last reported 1 year ago.

BSE:521163 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 2,875.92 668.54 199.33
2017-03-31 2,990.20 592.03 196.35
2016-03-31 2,623.35 724.72 159.28
2015-12-31 2,646.50 624.20 227.00
2015-09-30 2,646.50 624.20 227.00
2015-06-30 2,673.86 579.83 320.09
2015-03-31 2,673.86 579.83 320.09
2014-12-31 2,673.90 591.40 307.70
2014-09-30 2,673.90 591.40 307.70
2014-06-30 2,602.90 495.59 382.63
2014-03-31 2,602.90 495.59 382.63
2013-12-31 2,593.70 618.50 412.00
2013-09-30 2,593.70 618.50 412.00
2013-06-30 2,421.96 557.95 316.92
2013-03-31 2,421.96 557.95 316.92
2012-12-31
2012-09-30
2012-06-30 2,309.84 572.08 281.64
  • Zodiac Clothing's level of debt (23.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (23% vs 23.2% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Zodiac Clothing's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Zodiac Clothing's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Zodiac Clothing has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

521163 Dividends

 What is Zodiac Clothing's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.4%
Current annual income from Zodiac Clothing dividends.
If you bought ₹2,000 of Zodiac Clothing shares you are expected to receive ₹8 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Zodiac Clothing's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.49%).
  • Zodiac Clothing's dividend is below the markets top 25% of dividend payers in India (1.92%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:521163 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 110 Stocks 0.6%
India Market Average Dividend Yield Market Cap Weighted Average of 1399 Stocks 1.3%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:521163 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-08-10 1.000 0.649
2017-05-30 1.000 0.532
2016-08-22 1.000 0.510
2016-05-26 1.000 0.476
2015-06-10 3.100 1.200
2015-05-27 3.100 1.068
2015-02-11 1.200 0.422
2014-11-12 1.200 0.315
2014-07-25 4.500 1.159
2014-05-27 4.500 1.131
2013-05-29 3.500 1.710
2013-02-14 3.000 1.539
2013-02-13 3.500 1.736
2012-08-29 4.000 2.124
2012-02-21 2.000 1.032
2012-02-15 2.000 0.954
2011-06-28 3.333 1.504
2010-07-06 3.111 1.269
2010-05-26 3.111 1.493
2009-06-01 2.889 1.863
2009-04-20 2.889 3.057

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Zodiac Clothing's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Zodiac Clothing's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Zodiac Clothing afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Zodiac Clothing has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

521163 Management

 What is the CEO of Zodiac Clothing's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Salman Noorani
COMPENSATION ₹6,039,600
AGE 55
CEO Bio

Mr. Salman Yusuf Noorani serves as the Managing Director and President of Zodiac Clothing Company Ltd. Mr. Noorani is responsible for running the Export Division and manufacturing plants of Zodiac Clothing Company Ltd. as well as activities connected with product design, sourcing of raw materials and upgradation of the various facilities of Zodiac. He served as Joint Managing Director of Zodiac Clothing Company Ltd. He joined Zodiac in 1982. He was initially responsible for setting up the Tube Division and after being trained in the Clothing business. Mr. Noorani serves as a Director of Zodiac Clothing Company Ltd. Mr. Noorani is the Co-Chairman of Indo-Spanish Business Committee of Bombay Chamber of Commerce. He served on the Managing Committees of Indo- Italian Chamber of Commerce as well as CMAL. He is a member of the regional council of CII (Western Region). He is a member of the CII-Steering Committee on Indo-EU Trade & Investment in Textiles and also of Young President Organisation. He serves as Member of Managing Committee of Clothing Manufacturers Association of India.

CEO Compensation
  • Salman's compensation has been consistent with company performance over the past year.
  • Salman's remuneration is higher than average for companies of similar size in India.
Management Team

Mohamed Noorani

TITLE
Founder & Chairman

Salman Noorani

TITLE
President
COMPENSATION
₹6M
AGE
55

B. Mahabala

TITLE
VP of Commercial & CFO
COMPENSATION
₹5M
AGE
67
TENURE
1.2 yrs

Kumar Iyer

TITLE
GM of Legal
COMPENSATION
₹23M

Awais Noorani

TITLE
Vice President of International Sales & Sourcing
AGE
43
TENURE
12.2 yrs

Behroze Daruwala

TITLE
Vice President of Fabrics & Merchandising
AGE
68

Imraan Surve

TITLE
Vice President of Marketing Zod
AGE
50

Mildred Rodrigues

TITLE
Vice President of Design
AGE
54

Anand Pisharody

TITLE
Vice President of Manufacturing
AGE
61

Vishal Chadha

TITLE
General Manager of Sales MBO
AGE
54
Board of Directors Tenure

Average tenure and age of the Zodiac Clothing board of directors in years:

4.2
Average Tenure
76
Average Age
  • The tenure for the Zodiac Clothing board of directors is about average.
Board of Directors

Salman Noorani

TITLE
President
COMPENSATION
₹6M
AGE
55

Anees Noorani

TITLE
Vice Chairman
AGE
67
TENURE
2.1 yrs

Mohamed Noorani

TITLE
Founder & Chairman

Madhav Apte

TITLE
Independent & Non-Executive Director
COMPENSATION
₹750K
AGE
86

Yogendra Trivedi

TITLE
Independent & Non-Executive Director
COMPENSATION
₹730K
AGE
89

Deepak Parekh

TITLE
Member of Advisory Board
AGE
74
TENURE
5.3 yrs

Susim Datta

TITLE
Member of Advisory Board
COMPENSATION
₹135K
AGE
82
TENURE
4.3 yrs

Subramaniam Iyer

TITLE
Independent & Non-Executive Director
COMPENSATION
₹730K
AGE
78

Bernhard Steinruecke

TITLE
Independent & Non-Executive Director
COMPENSATION
₹220K
AGE
63

Elizabeth Hulse

TITLE
Additional Independent & Non Executive Director
COMPENSATION
₹70K
TENURE
4.2 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Zodiac Clothing insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
30. Mar 19 Sell Madhav Apte Individual 28. Mar 19 29. Mar 19 -5,684 ₹219.91 ₹-1,032,248
05. Mar 19 Buy Naushad Forbes Individual 01. Mar 19 01. Mar 19 15,000 ₹198.63 ₹2,979,375
01. Mar 19 Buy Naushad Forbes Individual 27. Feb 19 27. Feb 19 5,000 ₹158.74 ₹793,698
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Management checks
We assess Zodiac Clothing's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Zodiac Clothing has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

521163 News

Simply Wall St News

521163 Company Info

Description

Zodiac Clothing Company Limited designs, manufactures, markets, and sells men’s clothing and clothing accessories in India and internationally. It provides suits, ties, shirts, trousers, and club and casual wear, as well as accessories comprising belts, cufflinks, handkerchiefs, pochettes, and socks. The company offers its products under the Zodiac, Z3, and ZOD! brands. As of March 31, 2018, it operated 121 stores. The company also offers its products through its Web store. Zodiac Clothing Company Limited was incorporated in 1984 and is based in Mumbai, India.

Details
Name: Zodiac Clothing Company Limited
521163
Exchange: BSE
Founded: 1984
₹5,534,465,500
21,294,596
Website: http://www.zodiaconline.com
Address: Zodiac Clothing Company Limited
Nyloc House,
254, D-2, Dr. Annie Besant Road,
Mumbai,
Maharashtra, 400030,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 521163 Equity Shares Mumbai Stock Exchange IN INR 27. Sep 1995
NSEI ZODIACLOTH Equity Shares National Stock Exchange of India IN INR 27. Sep 1995
Number of employees
Current staff
Staff numbers
0
Zodiac Clothing employees.
Industry
Apparel, Accessories and Luxury Goods
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 12:33
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2018/08/10
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.