Zodiac Ventures Ltd (503641)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Zodiac Ventures' revenue was ₹1.1 Cr (+74.0% year on year, +23.7% on the previous quarter), and net profit ₹0.2 Cr (-42.8% year on year); the operating margin was 13.2%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹1.1 | +74.0% | +23.7% |
| Operating profit | ₹0.1 | -84.2% | -56.6% |
| Net profit | ₹0.2 | -42.8% | -72.8% |
| EPS (₹) | 0.02 | -50.0% | -75.0% |
| Operating margin | 13.2% | — | — |
📢 Recent Corporate Announcements
Zodiac Ventures announced that its Board has approved the re-appointment of Mr. Jimit Ramesh Shah as Managing Director and Mr. Ramesh Virji Shah as Whole-time Director, both for a 5-year tenure from November 2, 2026 to November 1, 2031. Additionally, the Board recommended the regularisation of Mr. Mangilal Tikuchand Jogani as an Independent Director for a 5-year term from September 30, 2026. Shareholder approval will be sought through a postal ballot via remote e-voting active from October 18, 2026 to November 17, 2026.
- Re-appointment of Jimit Ramesh Shah as MD for 5 years effective November 2, 2026 to November 1, 2031
- Re-appointment of Ramesh Virji Shah as Whole-time Director for 5 years effective November 2, 2026 to November 1, 2031
- Appointment regularisation of Mangilal Tikuchand Jogani as Independent Director for a 5-year term from September 30, 2026
- E-voting period scheduled from October 18, 2026 to November 17, 2026 with a cut-off date of October 9, 2026
Zodiac Ventures announced that its Board has approved the re-appointment of Mr. Jimit Ramesh Shah as Managing Director and Mr. Ramesh Virji Shah as Whole-time Director, both for a 5-year tenure from November 2, 2026 to November 1, 2031. Additionally, the Board recommended the regularisation of Mr. Mangilal Tikuchand Jogani as an Independent Director for a 5-year term from September 30, 2026. Shareholder approval will be sought through a postal ballot via remote e-voting active from October 18, 2026 to November 17, 2026.
- Re-appointment of Jimit Ramesh Shah as MD for 5 years effective November 2, 2026 to November 1, 2031
- Re-appointment of Ramesh Virji Shah as Whole-time Director for 5 years effective November 2, 2026 to November 1, 2031
- Appointment regularisation of Mangilal Tikuchand Jogani as Independent Director for a 5-year term from September 30, 2026
- E-voting period scheduled from October 18, 2026 to November 17, 2026 with a cut-off date of October 9, 2026
Zodiac Ventures has appointed Mr. Mangilal Tikuchand Jogani as an Additional Non-Executive Independent Director for a 5-year term, effective September 30, 2026, subject to shareholder approval. Mr. Jogani brings over 30 years of experience in the real estate sector around Mumbai. Following this appointment and the completion of another director's tenure, the company also reconstituted its Audit, Nomination and Remuneration, and Stakeholders Relationship Committees. With a market capitalization of Rs 12 Cr and TTM revenue of Rs 4 Cr, this represents a routine board-level governance update.
- Appointment of Mr. Mangilal Tikuchand Jogani as Additional Non-Executive Independent Director effective September 30, 2026
- Appointed for a tenure of 5 years, subject to shareholder approval
- Appointee brings over 30+ years of experience in the Mumbai real estate sector
- Audit, Nomination and Remuneration, and Stakeholders Relationship Committees reconstituted
Zodiac Ventures Ltd has scheduled its Annual General Meeting (AGM) for FY 2025-26 on Monday, September 28, 2026 at 2:00 PM IST. The cut-off date for e-voting eligibility is September 21, 2026, with remote e-voting open from September 25 to September 27, 2026. The register of members and share transfer books will remain closed from September 21 to September 28, 2026. Divyesh N Vanpariya has been appointed as the scrutinizer to oversee the voting process.
- Annual General Meeting fixed for September 28, 2026 at 2:00 PM IST
- E-voting window open from September 25, 2026 to September 27, 2026
- Cut-off date for voting eligibility set as September 21, 2026
- Book closure period scheduled from September 21, 2026 to September 28, 2026
Zodiac Ventures Limited has appointed Mr. Gaurav Waghela as its Company Secretary and Compliance Officer (Key Managerial Personnel) with effect from August 14, 2026. The appointment was approved by the Board following the recommendation of the Nomination and Remuneration Committee pursuant to Section 203 of the Companies Act, 2013 and SEBI LODR regulations. Mr. Waghela holds ACS membership A71725 and has over 3 years of experience in secretarial compliance and corporate law. The micro-cap company currently operates with a market capitalization of ₹12 Cr and reported FY26 revenue of ₹3.43 Cr.
- Appointment of Mr. Gaurav Waghela (ACS A71725) as Company Secretary and Compliance Officer.
- Effective date of appointment confirmed as August 14, 2026.
- The appointee brings over 3 years of experience in corporate secretarial practice and regulatory compliances.
Zodiac Ventures' Board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The statutory auditor highlighted that the company delayed repayment of its Drop Down Overdraft (OD) facility from Punjab National Bank by 45 days, though the account has since been regularised. In consolidated results, the share of profit from its three associate companies stood at Rs 1.40 lakh for the quarter. Additionally, the company appointed Gaurav Waghela as Company Secretary and Compliance Officer effective August 14, 2026.
- Auditor flagged a 45-day delay in repayment of the Drop Down Overdraft facility from Punjab National Bank, which is now regularised
- Share of profit from three associate entities stood at Rs 1.40 lakh for the quarter ended June 30, 2026
- Gaurav Waghela appointed as Company Secretary and Compliance Officer effective August 14, 2026
- Board meeting concluded at 4:15 PM on August 14, 2026, approving Q1 results without audit qualification
Zodiac Ventures Ltd has scheduled a board meeting for August 14, 2026, to approve its audited standalone and consolidated financial results for the quarter ended June 30, 2026. The company, which has a small market capitalization of ₹12 Cr and TTM revenue of ₹3 Cr, will also consider the appointment of Mr. Gaurav Waghela as Company Secretary and Compliance Officer. This meeting follows a period of significant stock price decline (-82% over 12 months) and a sharp reduction in promoter holding from 64.62% to 29.37% in mid-2025.
- Board meeting scheduled for August 14, 2026, to approve Q1 FY27 results.
- Appointment of Mr. Gaurav Waghela as Company Secretary and Compliance Officer to be considered.
- Trading window for designated persons has been closed since July 01, 2026.
- Company reported a TTM PAT of ₹2 Cr against a market cap of ₹12 Cr.
- Promoter holding remains stable at 29.37% as of March 2026, down from 64.62% in June 2025.
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