Zodiac Ventures (BSE: ZODIACVEN) had a P/E of 7.2× on 6 Nov 2026, below the industry P/E of 21.3×, and the shares are 55% below their 52-week high. Sales and net profit fell 67% and 9.2% a year over 3 years, with ROCE of 8.5% and ROE of 5.3%. Debt is 0.43× equity. It is a small-cap company with a market cap of ₹11 Cr, ranked 57th of 64 Real Estate Services companies by market cap; the shares fell 57% over the past year.
- ₹1.27
- ₹1.31
- ₹1.27
- ₹1.28
- 11.7K
Health check
- ReturnsBehind
−56.8% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 7.2 vs industry 21.3.
- GrowthShrinking
Sales −67.4%, profit −9.2% a year over 3 years.
- ProfitabilityWeak
ROCE 8.5% vs peer median 7.6%.
- Balance sheetFair
Debt 0.43× equity, interest covered 2.1×, Piotroski 5 of 9.
- Red flags4 to check
Return on equity is low at 5.3%.
Small cap
Defensive
Key metrics
- Market cap
- ₹11 Cr
- Small cap
- P/E
- 7.2
- Industry 21.3
- Price to book
- 0.23
- Peers 7.92
- Dividend yield
- 0.00%
- ROE
- 5.3%
- Peers 10.5%
- ROCE
- 8.5%
- Peers 7.6%
- Debt to equity
- 0.43
- Debt ₹19 Cr
- EPS (TTM)
- ₹0.18
- OPM (TTM)
- 38.9%
- Net margin 35.8%
- Sales growth
- +74.9%
- Latest quarter vs a year ago
- Profit growth
- −48.6%
- Latest quarter vs a year ago
- Price to sales
- 2.75
- EV/EBITDA −1.8
Strengths and risks
Strengths
- Quarterly sales up 74.9% on a year ago.
- Net margin of 35.8%.
- P/E of 7.2 against an industry P/E of 21.3.
Risks to check
- Return on equity is low at 5.3%.
- Quarterly profit down 48.6% on a year ago.
- 55% below its 52-week high.
- Interest coverage of only 1.3×.
About Zodiac Ventures
Zodiac Ventures Limited operates as a real estate development company in India. It engages in the construction or redevelopment of slum areas, cessed buildings by housing societies, and old buildings belonging to Municipal Corporation. The company was formerly known as Money Masters Investment Ltd. and changed its name to Zodiac Ventures Limited in June 2010. The company was incorporated in 1981 and is based in Mumbai, India.
- Headquarters
- Mumbai
- Employees
- 6
- Sector
- Real Estate
- ISIN
- INE945J01027
- Website
- zodiacventures.in
Price range
- Avg volume (3M)
- 2.1 L
- 1-year return
- minus 56.8%
- From 52-week high
- minus 55.5%
Peers · Real Estate Services
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ABRELAditya Birla Real Estate | 1,068.40 | minus 1.99% | 11,853 | – | – | −5.2% | −3.6% | 0.79 | −52.6% | minus 41.3% |
| WEWORKWeWork India Management | 681.65 | plus 1.04% | 9,466 | 95.7 | 9.4 | 12.3% | 64.2% | 16.44 | – | plus 6.7% |
| SMARTWORKSSmartworks Coworking Spaces | 515.85 | plus 4.91% | 5,900 | 52.4 | 9.2 | 7.4% | 65.3% | 10.29 | 36.2% | minus 18.9% |
| NIRLONNirlon | 635.00 | minus 0.57% | 5,722 | 20.4 | 12.6 | 23.3% | 77.4% | 2.42 | 5.4% | plus 16.4% |
| INDIQUBEIndiqube Spaces | 184.32 | plus 2.39% | 3,908 | – | 9.9 | 5.5% | 60.8% | 10.12 | 35.8% | minus 15.3% |
| ELPROINTLElpro International | 169.55 | plus 0.26% | 2,874 | 22.3 | 50.5 | 7.6% | 36.2% | 0.60 | 58.2% | plus 60.9% |
| EFCILEFC (I) | 165.12 | plus 0.22% | 2,443 | 8.3 | 8.1 | 16.0% | 44.5% | 1.73 | 115.7% | minus 43.6% |
| ZODIACVENZodiac Ventures | 1.30 | plus 1.56% | 11 | 7.2 | 12.4 | 8.5% | 38.9% | 0.43 | −67.4% | minus 56.8% |
| Median of 7 peers | – | 0.26% | 5,722 | 22.3 | 9.6 | 7.6% | 60.8% | 2.42 | 36.0% | −15.3% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 0.6 | 0.7 | 1.2 | 0.9 | 1.1 | |
| −0.3 | 0 | 0.8 | 0.6 | 1 | |
| 0.9 | 0.6 | 0.4 | 0.3 | 0.1 | |
| 146.8% | 95.8% | 32.2% | 38.3% | 13.2% | |
| 0 | 0.3 | 0.5 | 0.6 | 0.6 | |
| 0.6 | 0.5 | 0.4 | 0.2 | 0.6 | |
| 0 | 0 | 0 | 0 | 0 | |
| 0.4 | 0.4 | 0.5 | 0.7 | 0.2 | |
| 25.0% | 25.0% | 30.7% | 24.4% | 25.0% | |
| 0.3 | 0.3 | 0.3 | 0.6 | 0.2 | |
| 0.08 | 0.04 | 0.04 | 0.08 | 0.02 |
Profit & loss
- Sales CAGR 3Y
- −67.4%
- Profit CAGR 3Y
- −9.2%
- EPS CAGR 3Y
- −15.0%
- ROE
- 5.3%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 99.1 | 0.6 | 1.6 | 3.4 | |
| – | minus 99.4% | +171.0% | +114.1% | |
| 88.3 | −0.7 | −1.9 | 1 | |
| 10.8 | 1.3 | 3.5 | 2.4 | |
| 10.9% | 220.5% | 217.8% | 69.6% | |
| 0.2 | 0.2 | 0 | 1.4 | |
| 6.2 | 0.6 | 2.3 | 1.8 | |
| 0.2 | 0 | 0.1 | 0.1 | |
| – | – | −0 | – | |
| 4.6 | 0.8 | 1.1 | 1.9 | |
| 23.8% | 51.7% | 15.6% | 26.2% | |
| 2.1 | 0.5 | 1 | 1.5 | |
| – | minus 75.0% | +96.3% | +52.5% | |
| 0.40 | 0.10 | 0.27 | 0.24 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.7 | 3.8 | 3.8 | 8.3 | |
| 5.6 | 10.7 | 10.8 | 35.4 | |
| 31.4 | 22 | 27.5 | 18.9 | |
| 93.4 | 0.6 | 17.1 | 24.6 | |
| 134 | 37 | 59.1 | 87.1 | |
| 7.8 | 0.1 | 7.8 | 7.8 | |
| 7.2 | – | 7.7 | 7.7 | |
| 8.1 | 21.6 | 22.1 | 22 | |
| 0 | 2.6 | 0 | 0 | |
| 111 | 12.6 | 21.4 | 49.6 | |
| 134 | 37 | 59.1 | 87.1 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 72.6 | −4.3 | 3.3 | −18.6 | |
| −14.9 | 0.1 | −8.1 | 1.3 | |
| −57.8 | 6.8 | 2.2 | 17.3 | |
| −0.1 | 2.6 | −2.6 | −0 | |
| −0 | −0.1 | −0.1 | −0.1 | |
| 72.6 | −4.4 | 3.3 | −18.7 | |
| – | – | −0.9 | −0.8 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
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