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Zenith Steel Pipes & Industries Ltd (ZENITHSTL)

₹10.283.52%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹9.53
    ₹10.35
  • 52 Week's Low

    52 Week's High

    ₹3.8
    ₹15.45
1 Month Return+ 13.36 %
3 Month Return+ 20.36 %
1 Year Return+ 154.62 %
Previous Close₹9.93
Open₹9.89
Volume4.20L
Upper Circuit-
Lower Circuit-
Market Cap₹141.28Cr

Key Statistics

P/E Ratio-165.5
PEG Ratio-177.96
Market Cap₹141.28 Cr
P/B Ratio-0.19
EPS-1.01

Company Information

Zenith Steel Pipes Industries Ltd, formerly known as Zenith Birla India Ltd, is an Indian manufacturer of steel pipes. It has an extensive production capacity of 210,000 tonnes of ERW and SAW pipes and is engaged in the manufacture of HSS cutting tools for the auto/engineering industry. The company was established in 1960 and opened its pipes division in 1961 in Khopoli. A special steel division was started in 1974 while chemical and paper divisions opened in 1980 and 1981 respectively. In 1986, the company changed its name from Zenith Steel Pipes Industries Ltd to Zenith Ltd. In 2005, the company was renamed to Zenith Birla India Ltd and in 2010, its tooling business was demerged and merged with Birla Precision Technologies Ltd. The company's production was further increased to 210,000 tonnes through the merger of Tungabhadra Holdings Private Limited in 2010. In 2011, 2.16 crore bonus shares were issued and consequently listed on the National Stock Exchange of India. In 2013, Zenith Middle East LLC was incorporated as a fully-owned subsidiary in UAE.

Share Price: ₹10.28 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹141.28Cr as of today
Revenue: ₹43.06Cr as on March 2024 (Q1 24)
Net Profit: ₹9.89Cr as on March 2024 (Q1 24)
Listing date: 23 Aug, 1995
OrganisationZenith Steel Pipes & Industries Ltd
HeadquartersMumbai
IndustrySteel
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Key events for Zenith Steel Pipes & Industries Ltd

  • Zenith Steel Pipes Battles Disputes Over Dues - 30 Jun, 2024

    Despite Zenith Steel Pipes & Industries Ltd's stock multiplying >4x from its 52-week low, the company is facing several disputes involving lenders and vendors over dues. A consortium of banks has moved to take physical possession of the plant at Khopoli under the SARFAESI Act to recover ₹193 crore.

  • Zenith Steel Pipes & Industries Ltd Shares Jump 29% - 26 Jun, 2024

    Shareholders of Zenith Steel Pipes & Industries have seen a 29% jump in share price over the last month, with an annual gain of 139%. While revenue has decreased by 13% in the past year, there has been an overall rise of 84% in revenue over the last three years. Shareholders would welcome medium-term rates of revenue growth.

Insights on Zenith Steel Pipes & Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, ZENITHSTL has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, ZENITHSTL stock has moved up by 635.6%

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 4 quarters, 24.55 Cr → 47.61 Cr (in ₹), with an average increase of 18.3% per quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, ZENITHSTL has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 84.24% to 84.28% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, -7.54 Cr → 9.89 Cr (in ₹), with an average increase of 566.1% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 15.64% of holdings in Mar 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹43.06Cr
↓6.06%
Net Income
₹9.89Cr
↓1,576.12%
Net Profit Margin
22.97%
↓1,673.29%
2023Y/Y Change
Revenue
₹164.92Cr
↑1.10%
Net Income
-₹14.38Cr
↓223.65%
Net Profit Margin
-8.72%
↓222.30%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹165.52Cr
↑0.77%
Total Liabilities
₹415.56Cr
↑0.20%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹17.74Cr
↓1,168.67%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
15.64%
0.00
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
84.28%
0.00
Others
0.07%
0.00

Key Indicators

Zenith Steel Pipes & Industries Ltd Valuation

Zenith Steel Pipes & Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-245.33x)

July 4, 2024

Today (-165.50x)

July 23, 2024

Industry (28.16x)

July 23, 2024

Highest (287.50x)

January 5, 2023

LowHigh

Earnings and Dividends

  • Zenith Steel Pipes & Industries Ltd Earnings Results

    Zenith Steel Pipes & Industries Ltd’s net profit jumped 3703.85% since last year same period to ₹9.89Cr in the Q4 2023-2024. On a quarterly growth basis, Zenith Steel Pipes & Industries Ltd has generated 1576.12% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Zenith Steel Pipes & Industries Ltd Dividends June,2010

    In the quarter ending March 2010, Zenith Steel Pipes & Industries Ltd has declared dividend of ₹1.40 - translating a dividend yield of 26.18%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Neutral

Zenith Steel Pipes & Industries Ltd is currently in a Neutral trading position according to technical analysis indicators.

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Zenith Steel Pipes & Industries Ltd (ZENITHSTL) share price today is ₹10.28

Zenith Steel Pipes & Industries Ltd is listed on NSE

Zenith Steel Pipes & Industries Ltd is listed on BSE

  • Today’s highest price of Zenith Steel Pipes & Industries Ltd is ₹10.35.
  • Today’s lowest price of Zenith Steel Pipes & Industries Ltd is ₹9.53.

PE Ratio of Zenith Steel Pipes & Industries Ltd is -165.5

PE ratio = Zenith Steel Pipes & Industries Ltd Market price per share / Zenith Steel Pipes & Industries Ltd Earnings per share

Today’s traded volume of Zenith Steel Pipes & Industries Ltd(ZENITHSTL) is 4.20L.

Today’s market capitalisation of Zenith Steel Pipes & Industries Ltd(ZENITHSTL) is ₹141.28Cr.

Zenith Steel Pipes & Industries Ltd(ZENITHSTLPrice
52 Week High
₹15.45
52 Week Low
₹3.8

Zenith Steel Pipes & Industries Ltd(ZENITHSTL) share price is ₹10.28. It is down -33.46% from its 52 Week High price of ₹15.45

Zenith Steel Pipes & Industries Ltd(ZENITHSTL) share price is ₹10.28. It is up 170.53% from its 52 Week Low price of ₹3.8

Zenith Steel Pipes & Industries Ltd(ZENITHSTLReturns
1 Day Returns
0.35%
1 Month Returns
13.36%
3 Month Returns
20.36%
1 Year Returns
154.62%