Zodiac Clothing Company Limited designs, manufactures, markets, and sells men’s clothing and accessories in India and internationally.
+ 1 more risk
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Zodiac Clothing's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ZODIACLOTH's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ZODIACLOTH underperformed the Indian Luxury industry which returned -26.9% over the past year.
Return vs Market: ZODIACLOTH underperformed the Indian Market which returned -29.2% over the past year.
Price Volatility Vs. Market
How volatile is Zodiac Clothing's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StSome Zodiac Clothing (NSE:ZODIACLOTH) Shareholders Have Copped A Big 52% Share Price Drop
3 weeks ago | Simply Wall StIs Zodiac Clothing Company Limited (NSE:ZODIACLOTH) Overpaying Its CEO?
1 month ago | Simply Wall StNeed To Know: Zodiac Clothing Company Limited (NSE:ZODIACLOTH) Insiders Have Been Buying Shares
Is Zodiac Clothing undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: ZODIACLOTH (₹99.95) is trading above our estimate of fair value (₹4.04)
Significantly Below Fair Value: ZODIACLOTH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ZODIACLOTH is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.
PE vs Market: ZODIACLOTH is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ZODIACLOTH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ZODIACLOTH is overvalued based on its PB Ratio (0.9x) compared to the IN Luxury industry average (0.4x).
How is Zodiac Clothing forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables industry annual growth in earnings
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 SimplyWall St do have past financial data.
- Examine Zodiac Clothing's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Zodiac Clothing competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has Zodiac Clothing performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ZODIACLOTH is currently unprofitable.
Growing Profit Margin: ZODIACLOTH is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ZODIACLOTH is unprofitable, and losses have increased over the past 5 years at a rate of -52.6% per year.
Accelerating Growth: Unable to compare ZODIACLOTH's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ZODIACLOTH is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (6.4%).
Return on Equity
High ROE: ZODIACLOTH has a negative Return on Equity (-11.24%), as it is currently unprofitable.
How is Zodiac Clothing's financial position?
Financial Position Analysis
Short Term Liabilities: ZODIACLOTH's short term assets (₹1.9B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: ZODIACLOTH's short term assets (₹1.9B) exceed its long term liabilities (₹869.8M).
Debt to Equity History and Analysis
Debt Level: ZODIACLOTH's debt to equity ratio (19.6%) is considered satisfactory.
Reducing Debt: ZODIACLOTH's debt to equity ratio has reduced from 22.1% to 19.6% over the past 5 years.
Inventory Level: ZODIACLOTH has a high level of physical assets or inventory.
Debt Coverage by Assets: ZODIACLOTH's debt is covered by short term assets (assets are 3.5x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ZODIACLOTH has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ZODIACLOTH has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -42.2% each year
What is Zodiac Clothing's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ZODIACLOTH's dividend (0.91%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.95%).
High Dividend: ZODIACLOTH's dividend (0.91%) is low compared to the top 25% of dividend payers in the Indian market (4.18%).
Stability and Growth of Payments
Stable Dividend: ZODIACLOTH's dividend payments have been volatile in the past 10 years.
Growing Dividend: ZODIACLOTH's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: ZODIACLOTH is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Salman Noorani (56yo)
Mr. Salman Yusuf Noorani serves as the Managing Director and President of Zodiac Clothing Company Ltd and serves as Vice Chairman of the Board at Zodiac Clothing Company Limited since February 12, 2020. Mr ...
CEO Compensation Analysis
Compensation vs Market: Salman's total compensation ($USD80.13K) is above average for companies of similar size in the Indian market ($USD48.50K).
Compensation vs Earnings: Salman's compensation has been consistent with company performance over the past year.
|Vice Chairman||no data||₹6.04m||6.85% ₹169.4m|
|Member of Advisory Board||6.17yrs||no data||no data|
|Member of Advisory Board||5.17yrs||₹134.83k||no data|
|Independent & Non-Executive Director||20.17yrs||₹790.00k||0.11% ₹2.6m|
|Non-Executive Independent Director||2yrs||₹170.00k||0.17% ₹4.3m|
|Independent & Non-Executive Director||22.33yrs||₹170.00k||0.14% ₹3.3m|
|Chairman||0.083yr||no data||7.83% ₹193.5m|
|Independent & Non-Executive Director||17.75yrs||₹790.00k||0.030% ₹742.5k|
|Member of Advisory Board||no data||no data||no data|
|Independent & Non Executive Director||5.08yrs||₹50.00k||no data|
Experienced Board: ZODIACLOTH's board of directors are considered experienced (5.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.7%.
Zodiac Clothing Company Limited's company bio, employee growth, exchange listings and data sources
- Name: Zodiac Clothing Company Limited
- Ticker: ZODIACLOTH
- Exchange: NSEI
- Founded: 1984
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: ₹2.473b
- Shares outstanding: 22.48m
- Website: https://www.zodiaconline.com
- Zodiac Clothing Company Limited
- Nyloc House
- 254, D-2, Dr. Annie Besant Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|521163||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Sep 1995|
|ZODIACLOTH||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Sep 1995|
Zodiac Clothing Company Limited designs, manufactures, markets, and sells men’s clothing and 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, 2019, the company operated 120 stores. It also operates a Web store. The company was incorporated in 1984 and is based in Mumbai, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 13:03|
|End of Day Share Price||2020/03/27 00:00|
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.