ZCCL—55

Zodiac Clothing Company Ltd

Apparel & AccessoriesVerified

Score breakdown

Sentiment+21Risk penalty-3Missing signals-3

Quality breakdown

Key fields100Profile38Conclusion92AI synthesis40Observations3

Zodiac Clothing Company Ltd has a debt-to-equity ratio of 0.46 and a current ratio of 1.23, indicating moderate leverage and acceptable short-term liquidity [doc:ZCCL-NS-1023]. However, the company reported negative operating cash flow of -140.44 million INR and free cash flow of -208.05 million INR, signaling cash flow constraints [doc:ZCCL-NS-1023]. The company's profitability metrics are weak, with a return on equity of -18.1% and return on assets of -10.63%, both significantly below the industry median for Apparel & Accessories firms [doc:ZCCL-NS-1023]. Operating income and net income were negative at -362.95 million INR and -371.96 million INR, respectively, reflecting operational challenges [doc:ZCCL-NS-1023]. Zodiac Clothing Company Ltd operates in a single business segment focused on men's clothing and accessories, with no disclosed geographic diversification beyond India. Revenue concentration in a single market increases exposure to domestic economic and regulatory risks [doc:ZCCL-NS-1023]. The company's growth trajectory is uncertain, with no disclosed revenue growth rates or outlook for the current or next fiscal year. Historical revenue of 1.74 billion INR does not provide a clear trend for future performance [doc:ZCCL-NS-1023]. Risk factors include medium liquidity risk due to negative operating and free cash flows, and a key flag indicating net cash is negative after subtracting total debt. Dilution risk is assessed as low, with no near-term pressure from share issuance or convertible debt [doc:ZCCL-NS-1023]. Recent events include no disclosed filings or transcripts in the provided data, limiting visibility into management commentary or strategic shifts [doc:ZCCL-NS-1023].

Profile

CompanyZodiac Clothing Company Ltd

TickerZCCL.NS

SectorConsumer Cyclicals

BusinessCyclical Consumer Products

Industry groupCyclical Consumer Products

IndustryApparel & Accessories

AI analysis

Business. Zodiac Clothing Company Ltd designs, manufactures, and sells men's clothing and accessories, including shirts, suits, ties, and related products, primarily in India [doc:ZCCL-NS-1023].

Classification. Zodiac Clothing Company Ltd is classified in the Consumer Cyclicals economic sector, Cyclical Consumer Products business sector, and Apparel & Accessories industry with 92% confidence [doc:ZCCL-NS-1023].

Key takeaways

Zodiac Clothing Company Ltd is operating at a loss with negative cash flows, indicating financial distress.
The company's debt-to-equity ratio is moderate, but liquidity is constrained by negative operating and free cash flows.
Profitability metrics are significantly below industry medians, suggesting operational inefficiencies.
The company's business is concentrated in a single geographic market and product category, increasing risk exposure.
No recent strategic or financial disclosures are available to assess management's response to challenges.
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Financial snapshot

PeriodHA-latest

CurrencyINR

Revenue$1.74B

Gross profit$955.1M

Operating income-$362.9M

Net income-$372.0M

R&D—

SG&A—

D&A—

SBC—

Operating cash flow-$140.4M

CapEx-$37.7M

Free cash flow-$208.1M

Total assets$3.50B

Total liabilities$1.44B

Total equity$2.06B

Cash & equivalents—

Long-term debt$942.6M

Annual history (last 5)

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Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book$2.06B

Net cash-$942.6M

Current ratio1.2

Debt/Equity0.5

ROA-10.6%

ROE-18.1%

Cash conversion38.0%

CapEx/Revenue-2.2%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Apparel & Accessories · cohort 2 companies

MetricZCCLActivity

Op margin-20.8%6.6% medp25 4.6% · p75 8.7%bottom quartile

Net margin-21.3%3.7% medp25 2.0% · p75 5.5%bottom quartile

Gross margin54.8%57.5% medp25 57.5% · p75 57.5%bottom quartile

CapEx / revenue-2.2%1.1% medp25 0.9% · p75 1.4%bottom quartile

Debt / equity46.0%124.3% medp25 86.1% · p75 162.6%bottom quartile

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-03 21:33 UTC#47195e2c

Source: analysis-pipeline (hybrid)Generated: 2026-05-03 21:34 UTCJob: 1e93b86b