Zenith Steel Pipes & Industries Ltd-$
Zenith Steel Pipes & Industries Ltd-$ (ZENITHSTL) last reported results for the quarter ended Jun 2026, with sales of ₹7.18 crore and net profit of ₹0.44 crore. The stock last traded at ₹5.2, a market capitalisation of ₹74 crore, on a P/E of 26.6. Over the past 52 weeks the stock has ranged between ₹4.39 and ₹10.3. Figures are as of 6 Oct 2026 and are not real time.
Zenith Steel Pipes & Industries Ltd-$ share price and key metrics
- Current price
- ₹5.2
- Market cap
- ₹74 cr
- Stock P/E
- 26.6
- Book value
- ₹-17.5
- ROE
- %
- ROCE
- 39.2%
- Dividend yield
- 0.00%
- 52w high / low
- 10.3/4.39
Metrics as of 6 Oct 2026. Not real time.
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Zenith Steel Pipes & Industries Ltd-$ growth and returns
- 10 Years
- -5%
- 5 Years
- -7%
- 3 Years
- -31%
- TTM
- -62%
- 10 Years
- 8%
- 5 Years
- 2%
- 3 Years
- 30%
- TTM
- -17%
- 10 Years
- 22%
- 5 Years
- 42%
- 3 Years
- 9%
- 1 Year
- -29%
- 10 Years
- %
- 5 Years
- %
- 3 Years
- %
- Last Year
- %
Zenith Steel Pipes & Industries Ltd-$ quarterly results
In the quarter ended Jun 2026, sales were ₹7.18 cr, down 62.1% from ₹18.92 cr a year earlier. Net profit was ₹0.44 cr, down 54.2% year on year.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 30.07 | 35.69 | 24.82 | 18.92 | 14.04 | 9.4 | 11.29 | 7.18 |
| Expenses | 30.64 | 35.68 | 26.86 | 23.37 | 19.47 | 13.02 | 13.88 | 7.3 |
| Operating profit | -0.57 | 0.01 | -2.04 | -4.45 | -5.43 | -3.62 | -2.59 | -0.12 |
| OPM % | -1.90% | 0.03% | -8.22% | -23.52% | -38.68% | -38.51% | -22.94% | -1.67% |
| Other income | 1.24 | 0.91 | 5.93 | 6.51 | 7.25 | 6.22 | 5.06 | 1.64 |
| Interest | 0.62 | 0.63 | 0.62 | 0.62 | 0.63 | 0.64 | 0.6 | 0.61 |
| Depreciation | 0.49 | 0.49 | 0.49 | 0.49 | 0.47 | 0.49 | 0.48 | 0.48 |
| Profit before tax | -0.44 | -0.2 | 2.78 | 0.95 | 0.72 | 1.47 | 1.39 | 0.43 |
| Tax % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
| Net profit | -0.44 | -0.2 | 2.78 | 0.96 | 0.72 | 1.47 | 1.39 | 0.44 |
| EPS (₹) | -0.03 | -0.01 | 0.20 | 0.07 | 0.05 | 0.10 | 0.10 | 0.03 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Zenith Steel Pipes & Industries Ltd-$ annual results
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 157 | 170 | 184 | 101 | 77.87 | 163 | 165 | 143 | 119 | 53.38 | 41.91 |
| Operating profit | -19.09 | -42.21 | -114.06 | -30.73 | -1.54 | 15.08 | -12.25 | -0.25 | -3.09 | -16.25 | -11.76 |
| OPM % | -12.17% | -24.88% | -62.11% | -30.31% | -1.98% | 9.24% | -7.43% | -0.17% | -2.59% | -30.44% | -28.06% |
| Net profit | -33.2 | -41.07 | -120.17 | -28.34 | -13.58 | 11.63 | -14.38 | -0.7 | 0.23 | 4.38 | 4.02 |
| EPS (₹) | -2.53 | -3.13 | -9.15 | -2.16 | -0.95 | 0.82 | -1.01 | -0.05 | 0.02 | 0.31 | 0.28 |
TTM is the trailing twelve months to the most recent quarter.
Zenith Steel Pipes & Industries Ltd-$ balance sheet
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 131.28 | 131.28 | 131.28 | 131.28 | 142.28 | 142.28 | 142.28 | 142.28 | 142.28 | 142.28 |
| Reserves | -219.43 | -259.78 | -373.06 | -382.53 | -396.00 | -384.20 | -398.40 | -399.14 | -399.03 | -391.21 |
| Borrowings | 299.97 | 295.95 | 283.23 | 246.91 | 227.93 | 227.46 | 219.35 | 215.15 | 265.74 | 268.65 |
| Other liabilities | 141.16 | 178.83 | 194.63 | 184.24 | 161.73 | 206.88 | 205.67 | 223.68 | 149.56 | 134.22 |
| Total liabilities | 352.98 | 346.28 | 236.08 | 179.90 | 135.94 | 192.42 | 168.90 | 181.97 | 158.55 | 153.94 |
| Fixed assets | 91.98 | 80.33 | 74.55 | 65.87 | 48.03 | 44.38 | 44.64 | 43.61 | 41.80 | 40.03 |
| CWIP | 12.70 | 12.78 | 14.44 | -0.00 | -0.00 | -0.00 | 0.99 | 0.82 | 1.20 | 1.29 |
| Investments | 0.01 | 0.01 | 0.01 | 0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Other assets | 248.29 | 253.16 | 147.08 | 114.02 | 87.91 | 148.04 | 123.27 | 137.54 | 115.55 | 112.62 |
| Total assets | 352.98 | 346.28 | 236.08 | 179.90 | 135.94 | 192.42 | 168.90 | 181.97 | 158.55 | 153.94 |
As reported by the company. Total assets equal total liabilities by construction.
Zenith Steel Pipes & Industries Ltd-$ cash flow
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 7.06 | 4.13 | 21.20 | 24.93 | 16.44 | -1.17 | 17.90 | 4.74 | 3.94 | -1.09 |
| Cash from investing | -2.47 | 4.87 | -0.13 | 14.06 | -0.65 | 7.71 | -3.24 | -2.47 | -1.56 | -1.13 |
| Cash from financing | -7.05 | -7.47 | -20.86 | -40.99 | -15.45 | -7.46 | -11.34 | -7.12 | -0.14 | 0.42 |
| Net cash flow | -2.46 | 1.54 | 0.21 | -1.99 | 0.34 | -0.92 | 3.32 | -4.84 | 2.24 | -1.81 |
| Free cash flow | 4.59 | 9.00 | 20.97 | 24.71 | 15.83 | 7.67 | 14.22 | 3.35 | 3.42 | -1.32 |
| CFO / operating profit | -37% | -10% | -19% | -81% | -1,068% | 24% | -135% | -2,456% | -128% | 7% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Zenith Steel Pipes & Industries Ltd-$ operating ratios
| Per year | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | -10.89% | -17.29% | -101.76% | -128.38% | — | — | — | — | — | 39.15% |
| Debtor days | 293.47 | 249.57 | 71.68 | 31.75 | 56.86 | 112.13 | 104.22 | 150.57 | 173.35 | 390.57 |
| Inventory days | 37.76 | 9.86 | 2.99 | 32.17 | 82.79 | 107.92 | 62.38 | 90.80 | 52.21 | 72.61 |
| Days payable | 180.44 | 195.49 | 213.77 | 325.67 | 309.25 | 346.42 | 277.39 | 408.76 | 603.80 | 957.35 |
| Cash conversion cycle | 150.79 | 63.95 | -139.11 | -261.75 | -169.60 | -126.37 | -110.79 | -167.38 | -378.24 | -494.16 |
| Working capital days | -392.94 | -421.00 | -631.63 | -1,073.79 | -1,357.40 | -604.38 | -697.44 | -755.38 | -913.77 | -1,872.32 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Zenith Steel Pipes & Industries Ltd-$ shareholding pattern
Promoters held 15.64% at Jun 2026, broadly unchanged since Jun 2025. DIIs 0.02%.
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 15.64% | 15.64% | 15.64% | 15.64% | 15.64% | 15.64% | 15.64% | 15.64% |
| DIIs | 0.08% | 0.08% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| Public | 84.29% | 84.29% | 84.34% | 84.35% | 84.34% | 84.34% | 84.35% | 84.34% |
| No. of shareholders | 81,952 | 82,184 | 82,762 | 83,248 | 81,560 | 80,093 | 79,750 | 79,262 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
Zenith Steel Pipes & Industries Ltd-$ corporate filings
- Scrutinizer’s Report confirms overwhelming shareholder approval (around 99.97%) for multiple resolutions at Zenith Steel Pipes & Industries Limited AGM held on September 30, 2026, including adoption of financial statements, reappointment of directors, and related party transactions.AGM/EGMhigh impact
Cruxal's analysis: Zenith Steel Pipes & Industries Limited reported near-unanimous shareholder approval for…
Read the full analysis - No financial or strategic updates; company holds AGM via VC/OAVM with routine resolutions passedAGM/EGMlow impact
Cruxal's analysis: Zenith Steel Pipes & Industries Limited conducted its 64th AGM on September 30, 2026, via…
Read the full analysis - Intimation for closure of Trading windowInsider Trading / SASTlow impact
- Zenith Steel Pipes & Industries Ltd announces newspaper publication for Annual General MeetingCompany Updatelow impact
Cruxal's analysis: Zenith Steel Pipes & Industries Ltd has fulfilled regulatory requirements under…
Read the full analysis - Zenith Steel Pipes & Industries Limited Announces Book Closure for 64th Annual General MeetingCorp. Actionlow impact
Cruxal's analysis: Zenith Steel Pipes & Industries Limited has formally intimated the closure of its…
Read the full analysis - Zenith Steel Pipes & Industries Ltd releases Annual Report for FY 2025-26Otherslow impact
Cruxal's analysis: Zenith Steel Pipes & Industries Ltd has filed its Annual Report for the financial year…
Read the full analysis - Zenith Steel Pipes & Industries Limited Announces 64th AGM and Releases Annual Report 2025-26AGM/EGMmedium impact
Cruxal's analysis: Zenith Steel Pipes & Industries Limited has issued a notice for its 64th Annual General…
Read the full analysis - Zenith Steel Pipes & Industries Limited announces board transition with appointment of new Independent DirectorCompany Updatelow impact
Cruxal's analysis: Zenith Steel Pipes & Industries Limited has announced the cessation of Ms. Bhavika Sharma…
Read the full analysis - Zenith Steel Pipes & Industries Limited Reports Unaudited Financial Results for Quarter Ended 30 June 2026Company Updatelow impact
Cruxal's analysis: Zenith Steel Pipes & Industries Limited has released its unaudited standalone and…
Read the full analysis - Zenith Steel Pipes & Industries Reports Q1 FY2027 Results Amidst Operational Disruptions and Ongoing Debt RestructuringBoard Meetinghigh impact
Cruxal's analysis: Zenith Steel Pipes & Industries Limited reported Q1 FY2027 standalone revenue of 7.07…
Read the full analysis - Zenith Steel Pipes & Industries Limited schedules Board Meeting for June 2026 quarterly results on August 13, 2026Board Meetinglow impact
Cruxal's analysis: Zenith Steel Pipes & Industries Limited has formally notified the exchanges of a board…
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