What were Zodiac Clothing's key financial results for FY26?

The company reported a net loss of ₹31.16 crore on revenue of ₹160.12 crore. This compares to a ₹40.31 crore loss on ₹172.91 crore revenue in FY25.

Was the auditor's report clean?

Yes. The auditor's report is unmodified, with no qualifications, profit warnings, or other negative commentary.

How large is the loss relative to the company's size?

Zodiac is a nano-cap with a market capitalisation of ₹212 crore. Its annual net loss of ₹31.16 crore is a large portion of its market value.

Does the narrower loss signal an improving business?

No. The loss reduction occurred alongside a revenue decline, meaning the company is shrinking rather than growing its way to profitability.

Earnings · Textile · Micro cap

Zodiac Clothing posts ₹31 cr loss on shrinking revenue

Revenue fell to ₹160 crore in FY26 as the nano-cap apparel maker remained deep in the red.

ZODIACLOTH By Tipsheet Editorial 29 May 2026 · 1:45 PM IST Verify on BSE · NSE

Mkt cap₹209 cr

ROE0.00%

Debt / eq.0.22

₹31.16 cr FY26 net loss, down from ₹40.31 cr in FY25.

What's new

Net loss narrowed to ₹31.16 crore from ₹40.31 crore in FY25.
Annual revenue declined to ₹160.12 crore from ₹172.91 crore.
Auditor's report is unmodified; no profit warnings or guidance changes.

Why this matters

The loss improvement is not a sign of operational health. Revenue is shrinking, so the business itself is contracting while it bleeds cash.

What we're watching

Whether revenue can stabilise or will continue to decline.
Any strategic or capital-structure moves from the board.
The timeline to operating breakeven.

The full read

Zodiac Clothing is still losing money. The nano-cap posted a net loss of ₹31.16 crore for FY26, an improvement on FY25's ₹40.31 crore loss. But the narrower loss coincided with revenue sliding to ₹160.12 crore from ₹172.91 crore. The business is contracting. For a company worth ₹212 crore, a ₹31 crore annual loss is a deep hole. The auditor's report is clean, offering no new warnings. This is a routine result for a small, loss-making firm. The one number that matters is the loss, and it's still there.

Questions answered

What were Zodiac Clothing's key financial results for FY26?: The company reported a net loss of ₹31.16 crore on revenue of ₹160.12 crore. This compares to a ₹40.31 crore loss on ₹172.91 crore revenue in FY25.
Was the auditor's report clean?: Yes. The auditor's report is unmodified, with no qualifications, profit warnings, or other negative commentary.
How large is the loss relative to the company's size?: Zodiac is a nano-cap with a market capitalisation of ₹212 crore. Its annual net loss of ₹31.16 crore is a large portion of its market value.
Does the narrower loss signal an improving business?: No. The loss reduction occurred alongside a revenue decline, meaning the company is shrinking rather than growing its way to profitability.

Mentioned: Zodiac Clothing Company Ltd · ₹31.16 cr FY26 net loss · ₹160.12 cr revenue

Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.