Integrated Filing — IndAS



General information about company
Scrip Code 521163
NSE Symbol ZODIACLOTH
MSEI Symbol NOTLISTED
ISIN INE206B01013
Name of company ZODIAC CLOTHING COMPANY LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 28-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 20-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Clothing and Accessories
Start date and time of board meeting 28-May-2025   16:30:00
End date and time of board meeting 28-May-2025   20:10:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-02-11
Indicate Company website link for updated RPT policy of the Company https://www.zodiaconline.com/investorrelations
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
There is no instance of default on loans and debt securities during the quarter ended 31st March, 2025.



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 473897000 1729147000
Other income 26787000 119978000
Total income 500684000 1849125000
2 Expenses
(a) Cost of materials consumed 188071000 707708000
(b) Purchases of stock-in-trade 20853000 69782000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -6408000 -42870000
(d) Employee benefit expense 115497000 454093000
(e) Finance costs 22201000 79381000
(f) Depreciation, depletion and amortisation expense 50324000 201227000
(f) Other Expenses
1 Other Expenses 189645000 724847000
Total other expenses 189645000 724847000
Total expenses 580183000 2194168000
3 Total profit before exceptional items and tax -79499000 -345043000
4 Exceptional items 0 0
5 Total profit before tax -79499000 -345043000
6 Tax expense
7 Current tax 0 0
8 Deferred tax -3079000 58066000
9 Total tax expenses -3079000 58066000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations -76420000 -403109000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period -76420000 -403109000
17 Other comprehensive income net of taxes 1943000 -33315000
18 Total Comprehensive Income for the period -74477000 -436424000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 259937000 259937000
Face value of equity share capital 15366.02 19730.26
27 Details of debt securities
22 Reserves excluding revaluation reserve 0
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -2.94 -15.51
Diluted earnings (loss) per share from continuing operations -2.94 -15.51
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -2.94 -15.51
Diluted earnings (loss) per share from continuing and discontinued operations -2.94 -15.51
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 793847000
Capital work-in-progress 12290000
Investment property 104423000
Goodwill 0
Other intangible assets 453813000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 360928000
Trade receivables, non-current 0
Loans, non-current 1265000
Other non-current financial assets 99376000
Total non-current financial assets 461569000
Deferred tax assets (net) 102945000
Other non-current assets 107535000
Total non-current assets 2036422000
2 Current assets
Inventories 653264000
Current financial asset
Current investments 22115000
Trade receivables, current 210674000
Cash and cash equivalents 10233000
Bank balance other than cash and cash equivalents 111000
Loans, current 948000
Other current financial assets 34820000
Total current financial assets 278901000
Current tax assets (net) 0
Other current assets 280934000
Total current assets 1213099000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 3249521000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 259937000
Other equity 1536602000
Total equity attributable to owners of parent 1796539000
Non controlling interest
Total equity 1796539000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 1454000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 392692000
Total Trade payable 394146000
Other non-current financial liabilities 0
Total non-current financial liabilities 394146000
Provisions, non-current 0
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 1262000
Total non-current liabilities 395408000
Current liabilities
Current financial liabilities
Borrowings, current 462137000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 1454000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 392692000
Total Trade payable 394146000
Other current financial liabilities 116812000
Total current financial liabilities 973095000
Other current liabilities 79091000
Provisions, current 5388000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 1057574000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 1452982000
Total equity and liabilites 3249521000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements of net defined benefit plans 4234000 4736000
2 Equity Instruments through other comprehensive income -13212000 -43165000
Total Amount of items that will not be reclassified to profit and loss -8978000 -38429000
2 Income tax relating to items that will not be reclassified to profit or loss -4826000 -4687000
3 Amount of items that will be reclassified to profit and loss
1 Net gains/(losses) on cash flow hedges 8443000 591000
Total Amount of items that will be reclassified to profit and loss 8443000 591000
4 Income tax relating to items that will be reclassified to profit or loss 2348000 164000
5 Total Other comprehensive income 1943000 -33315000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax -345043000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 79381000
Adjustments for decrease (increase) in inventories -58623000
Adjustments for decrease (increase) in trade receivables, current 0
Adjustments for decrease (increase) in trade receivables, non-current 23215000
Adjustments for decrease (increase) in other current assets 0
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 0
Adjustments for increase (decrease) in trade payables, non-current 48506000
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 201227000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 0
Adjustments for provisions, non-current 2630000
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains -6264000
Adjustments for dividend income 630000
Adjustments for interest income 5369000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) -22499000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) -30321000
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 231253000
Net cash flows from (used in) operations -113790000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) -5326000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -108464000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment 29439000
Proceeds from sales of investment property 0
Purchase of investment property 136552000
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 176000
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 630000
Interest received 2132000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -80988000
Net cash flows from (used in) investing activities -244393000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 135972000
Repayments of borrowings -68406000
Payments of lease liabilities -114563000
Dividends paid 0
Interest paid -35239000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 354180000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 1323000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 1323000
Cash and cash equivalents cash flow statement at beginning of period 8910000
Cash and cash equivalents cash flow statement at end of period 10233000





Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Zodiac Clothing Company Limited Montage Corporation Promoter Director and their relative are Partners Any other transaction Rent Paid 125000 Approved 50000 321000 372000
2 Zodiac Clothing Company Limited Munraz Enterprises Promoter Director and their relative are Partners Any other transaction REIMBURSMENT OF OTHER EXPENSES 2840000 Approved 270000 6140000 6340000
3 Zodiac Clothing Company Limited MR.A.Y.NOORANI Chairman & Non-Executive Director Any other transaction RENT PAID 4000000 Approved 650000 2044000 2600000
4 Zodiac Clothing Company Limited MR.S.Y.NOORANI Vice-Chairman & Managing Director Any other transaction RENT PAID 4000000 Approved 650000 2541000 3244000
5 Zodiac Clothing Company Limited MR.AWAIS NOORANI Relative of Promoter Director Remuneration 6225000 As approved by the members of the Company 2500000 0 0
6 Zodiac Clothing Company Limited MR. ADNAN NOORANI Relative of Promoter Director Remuneration 2940000 As approved by the members of the Company 1200000 0 0
7 Zodiac Clothing Company Limited MASHAL ENTERPRISES Promoter Director as partner Any other transaction Revenue share commission 3000000 Approved 1600000 509000 1311000
8 Zodiac Clothing Company Limited METROPOLITAN TRADING CO. Promoter Directors and their relative are partners Any other transaction RENT PAID & OTHER EXPENSES 5800000 Approved 5300000 23389000 26300000
9 Zodiac Clothing Company Limited ZODIAC METROPOLITAN CLOTHING GMBH Related Party Any other transaction Sale of Goods or services including freight and insurance 15000000 Approved 9700000 21844000 6394000
10 Zodiac Clothing Company Limited Zodiac Clothing Co (U.A.E.) LLC Wholly owned step down subsidiary Sale of goods or services 100000000 Approved 0 7064000 7005000
11 Zodiac Clothing Company Limited Zodiac Clothing Co Inc Wholly owned step down subsidiary Sale of goods or services 200000000 Approved 18700000 7004000 9488000
12 Zodiac Clothing Company Limited MR.A.Y.NOORANI Chairman & Non-Executive Director Loan 150000000 Approved 12500000 11450000 23950000 Loan 0.07 Repayable on or before 30th September, 2025 Unsecured Business & general corporate Purpose
13 Zodiac Clothing Company Limited MR.S.Y.NOORANI Vice-Chairman & Managing Director Loan 150000000 Approved 12500000 11450000 23950000 Loan 0.07 Repayable on or before 30th September, 2025 Unsecured Business & general corporate Purpose
14 Zodiac Clothing Company Limited METROPOLITAN TRADING CO. Promoter Directors and their relative are partners Any other transaction TRADE MARK FEES 9000000 Approved 3900000 0 0
15 Zodiac Clothing Company Limited METROPOLITAN TRADING CO. Promoter Directors and their relative are partners Any other transaction RENT INCOME 900000 Approved 450000 0 0
Total value of transaction during the reporting period 69970000