Outcome of the Board Meeting dated 21st May 2026

Revenue growth above 20%Profit growth above 25%Negative operating cash flowResults View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+2.2%Reaction day

₹1.79

prior close

₹1.81

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%+2.1% vs market

Consulting Services peers, median of 17sector-2.5%+4.8% vs sector

On the reaction day the stock moved 2.1 pts more than Nifty Microcap 250 and 4.8 pts more than its Consulting Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

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15m

-1.1

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.2+0.1+2.1-2.5+4.8

Next day

+0.6+1.7-1.1-0.3+0.8

-1.1+2.4-3.5-0.1-1.1

-3.4+2.4-5.7+1.2-4.5

+1.1+1.7-0.6+0.2+0.9

+2.2+0.6+1.6+0.0+2.2

+2.8+1.9+0.9-3.5+6.3

15d

-2.2+4.9-7.1-2.7+0.5

-4.5+8.9-13.4+3.0-7.5

-6.7+7.5-14.2-3.9-2.8

-10.1+13.6-23.6+1.1-11.2

UpDownMarket · Nifty Microcap 250Sector · Consulting Services peers, median of 17Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Zodiac Ventures Ltd reported audited standalone total income of Rs. 481.30 Lakhs for FY26, up 193% from Rs. 164.23 Lakhs in FY25. Net sales grew 114% to Rs. 343.15 Lakhs. Standalone PAT increased 48% to Rs. 142.48 Lakhs from Rs. 96.13 Lakhs. However, EPS declined to Rs. 0.17 from Rs. 0.26 due to share capital nearly doubling from Rs. 3.76 crore to Rs. 8.27 crore after a rights issue in September 2025. The company also announced selling its 100% stake in associate Mumbai Mega Development Pvt Ltd. The auditors issued an unmodified (clean) opinion on both standalone and consolidated results.

Likely market impact

Strong revenue growth of 193% is positive, but EPS dilution from the rights issue and negative operating cash flow of Rs. 1,862.70 Lakhs raise concerns about cash generation ability despite reported profits. The clean audit opinion is reassuring for now.