Zodiac Ventures Reports FY26 Results

Standalone Profit at Rs 142.48 Lakhs, Consolidated Profit at Rs 11.94 Lakhs

Zodiac Ventures Ltd has released its audited financial results for the fiscal year ending March 31, 2026. The company reported a standalone profit after tax of Rs 142.48 Lakhs on net sales of Rs 343.15 Lakhs. On a consolidated basis, net sales also stood at Rs 343.15 Lakhs, with a profit after tax of Rs 11.94 Lakhs attributable to the parent company's shareholders.

For the fourth quarter of FY26, ending March 31, 2026, standalone net sales were Rs 90.00 Lakhs, resulting in a profit after tax of Rs 52.20 Lakhs. The consolidated net sales for the same quarter were Rs 30.00 Lakhs, with a profit after tax of Rs 52.20 Lakhs (excluding associate company impacts).

Project Launch and Audit Opinion

The company's financial performance was supported by the commencement of construction for its Zodiac Guruchhaya Project. This new development is projected to generate sales of approximately Rs 110 crore.

Furthermore, the auditors issued an unmodified opinion on the financial statements, confirming that both the standalone and consolidated results are presented fairly.

Company Context and Risks

Zodiac Ventures has been actively involved in real estate development. The company previously mentioned a rights issue to raise capital. However, it faces ongoing litigations and disputes concerning a project managed by its associate company, Zodiac Developers Pvt. Ltd., specifically the Hanuman Nagar Project.

Outstanding advances for real estate businesses by an associate company, while deemed recoverable, represent a potential risk. Additionally, a significant outflow in consolidated cash flow from operating activities, amounting to Rs 1,862.70 Lakhs in FY26, warrants investor attention. Despite an increase in total comprehensive income, the consolidated profit after tax for FY26 (Rs 11.94 Lakhs) was notably higher than the Rs 5.16 Lakhs reported in FY25.

Future Focus

Investors will be closely watching the sales performance of the Zodiac Guruchhaya Project. The company's success in resolving its associate's legal issues and improving its consolidated operating cash flow will be critical indicators for future growth and recovery. Future quarterly results will provide further insights into the company's trajectory.