Zodiac Ventures Ltd

Meeting Details

• Board meeting scheduled for 14 August 2026 at the Registered Office; time not disclosed.

Key Agenda Items

• To consider and approve Audited Standalone and Consolidated Financial Results for quarter ended 30 June 2026.
• To consider and approve appointment of Mr. Gaurav Waghela as Company Secretary and Compliance Officer.

Other Notes

• Trading window for Designated Persons closed from July 1, 2026 until 48 hours after results dissemination.

Dematerialisation processing and listing

• Dematerialisation requests processed; certificates confirmed to depositories, and securities listed.
• Physical certificates dematerialised were mutilated and cancelled; depository name substituted as registered owner.

Financial Performance 📊

• Standalone Q3 FY26 revenue was Rs 123.39 lakh, up 73.5% YoY and 86.8% QoQ.
• Standalone total income for Q3 FY26 was Rs 174.31 lakh, up from Rs 72.23 lakh in Q3 FY25.
• Standalone PBT for Q3 FY26 was Rs 47.19 lakh, up 83.6% YoY and 24% QoQ.
• Standalone PAT for Q3 FY26 was Rs 32.70 lakh, up 69.7% YoY and 14.5% QoQ.
• Standalone EPS (basic) for Q3 FY26 was Rs 0.04, diluted EPS was Rs 0.05.
• Consolidated PAT after associates’ loss was Rs 32.34 lakh; consolidated EPS (basic) was Rs 0.04.

Capital Raising & Projects 🧱🏗️

• Rights issue in Sept 2025 raised equity capital from Rs 375.90 lakh to Rs 826.98 lakh at Rs 6.30/share.
• Construction started July 14, 2025, on Zodiac Guruchhaya Project (33,000 sq. ft. residential), estimated sales Rs 110 crore.

Associates & Legal ⚖️

• Associate Zodiac Developers Pvt Ltd faces litigation and arbitration on Hanuman Nagar Project; stay order obtained.
• Associate’s Sale Building No. 7 renamed 45-Juhu Residency; partial occupation certificate received up to 9th floor.
• Associate has Rs 2.24 crore interest-free advances outstanding, considered recoverable by management.

Corporate Actions 📦

• Board approved sale of 100% stake in Mumbai Mega Development Pvt Ltd, subject to shareholder approval.

Audit & Business Model 🧾🏢

• Auditor’s review reports for standalone and consolidated results are unqualified with no material misstatements.
• Company operates in a single segment: Real Estate and Real Estate Development.

Financial Performance 📊

• Board approved unaudited standalone and consolidated results for Q3 FY26 ended 31 Dec 2025.
• Standalone profit after tax: Rs. 32.70 lakh; consolidated profit after tax: Rs. 32.34 lakh for Q3 FY26.
• Earnings per share (basic) standalone and consolidated: Rs. 0.04 for Q3 FY26.
• Total income for Q3 FY26 standalone and consolidated: Rs. 174.31 lakh.
• Consolidated results include share of profits/losses from three associate companies.
• No exceptional items reported in the quarter.

Capital and Shareholding Decisions 📍

• Approved allotment of 4,57,08,000 fully paid equity shares under Rights Issue at Rs. 6.30 per share.
• Issued and paid-up share capital increased from Rs. 3.75 crore to Rs. 8.27 crore post allotment.

Corporate Actions and Projects 🏗️

• Approved sale of 100% stake in Mumbai Mega Development Private Limited, subject to member approval.
• Construction commenced on Zodiac Guruchhaya Project, Mumbai, on 14 July 2025; estimated sales approx. Rs. 110 crore.
• Part Occupation Certificate received for Sale Building No. 7 (45-Juhu Residency) in Hanuman Nagar Project.

Regulatory and Legal Matters ⚖️

• Bombay High Court stay order obtained against execution of arbitration award related to associate company litigation.
• Independent auditors reviewed unaudited standalone and consolidated results with no material misstatements.

Other Material Disclosures

• Advances of Rs. 2.24 crore given by associate company for real estate business considered recoverable.
• Consolidated results prepared as per Ind AS 110, including three associate companies.

🗓️ Meeting Details

• Board meeting scheduled for 4 February 2026 at the company's registered office.

📊 Financial Results

• Approval of unaudited standalone and consolidated financial results for quarter ended 31 December 2025.

📍 Board Decisions

• Approved sale of 100% stake in Mumbai Mega Development Private Limited, an associate company.
• Sale consideration to be determined by a registered valuer appointed by the associate company.
• Buyer is Mr. Ajay Bansal, unrelated to promoters or promoter group of Zodiac Ventures.
• Transaction is at arm's length and not a related party transaction.
• Sale completion expected within 12 months after members approve via postal ballot special resolution.

📊 Financial Impact

• Mumbai Mega Development contributed 4.52% to profit and 0.39% to net worth as of March 31, 2025.