bell
The current prices are delayed by 15 mins, login to check live prices.
Zenith Steel Pipes & Industries Ltd share price logo

Zenith Steel Pipes & Industries Ltd

(ZENITHSTL)

₹8.781.79%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Zenith Steel Pipes & Industries Ltd Performance

  • Day's Low

    Day's High

    ₹8.61
    ₹9.17
  • 52 Week's Low

    52 Week's High

    ₹5.55
    ₹15.45
1 Month Return-9.88 %
3 Month Return+ 1.02 %
1 Year Return+ 30.51 %
Previous Close₹8.94
Open₹9.00
Volume90.91K
Upper Circuit-
Lower Circuit-
Market Cap₹127.20Cr

Zenith Steel Pipes & Industries Ltd Key Statistics

P/E Ratio18.63
PEG Ratio15.39
Market Cap₹127.20 Cr
P/B Ratio-0.43
EPS-0.05
Dividend Yield0
SectorSteel
ROE0

Zenith Steel Pipes & Industries Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹127.20 Cr278%-2.70-₹1 Cr₹143 Cr
NA₹472.43 Cr310.44%0.78₹11 Cr₹739 Cr
NA₹332.85 Cr88.23%0.66NANA
NA₹3,351.34 Cr52.4%0.63₹248 Cr₹1,959 Cr
NA₹32.67 Cr795.87%0.50NANA

About Zenith Steel Pipes & Industries Ltd

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: ₹8.78 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹127.20Cr as of today
Revenue: ₹30.07Cr as on September 2024 (Q3 24)
Net Profit: ₹0.44Cr as on September 2024 (Q3 24)
Listing date: 23 Aug, 1995
OrganisationZenith Steel Pipes & Industries Ltd
HeadquartersMumbai
IndustrySteel
E-voting on sharesClick here to vote

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 3 Years

    img

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

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 30.35 Cr → 31.34 Cr (in ₹), with an average increase of 3.2% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, -1.92 Cr → -0.44 Cr (in ₹), with an average increase of 336.4% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, ZENITHSTL stock has moved up by 645.0%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Jindal Steel & Power Ltd has given 32.2% return, outperforming this stock by 1.7%

  • imgNO EFFECT

    Retail Holding Unchanged

    img

    Retail Investor holdings remained unchanged at 84.28% of holdings in Sep 2024 quarter

Zenith Steel Pipes & Industries Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹27.74Cr (-)₹45.84Cr (↑65.25%)₹43.06Cr (↓6.06%)₹28.50Cr (↓33.81%)₹30.07Cr (↑5.51%)
Net Income-₹7.54Cr (-)-₹0.67Cr (↓91.11%)₹9.89Cr (↓1,576.12%)-₹1.92Cr (↓119.41%)-₹0.44Cr (↓77.08%)
Net Profit Margin-27.18% (-)-1.46% (↓94.63%)22.97% (↓1,673.29%)-6.74% (↓129.34%)-1.46% (↓78.34%)
Value in ₹ crore
Details2021202220232024
Total Assets₹118.88Cr (-)₹164.26Cr (↑38.17%)₹165.52Cr (↑0.77%)₹178.55Cr (↑7.87%)
Total Liabilities₹369.33Cr (-)₹414.73Cr (↑12.29%)₹415.56Cr (↑0.20%)₹429.22Cr (↑3.29%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹25.54Cr (-)₹14.54Cr (↓43.07%)-₹1.66Cr (↓111.42%)₹18.07Cr (↓1,188.55%)₹4.83Cr (↓73.27%)
0

Zenith Steel Pipes & Industries Ltd 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

Zenith Steel Pipes & Industries Ltd Key Indicators

Details2023
Return On Equity %0.92
Details20202021202220232024
Return On Assets %-17.27-11.427.08-8.69-0.39
Details20202021202220232024
Book Value Per Share (₹)-19.14-17.83-17-18-18.05
Details20202021202220232024
Earning Per Share (₹)-2.16-0.950.82-1.01-0.05

Zenith Steel Pipes & Industries Ltd Valuation

Zenith Steel Pipes & Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-736.00x)

July 4, 2024

Today (18.63x)

November 19, 2024

Industry (23.70x)

November 19, 2024

Highest (287.50x)

January 5, 2023

LowHigh

Zenith Steel Pipes & Industries Ltd Earnings and Dividends

  • Zenith Steel Pipes & Industries Ltd Earnings Results

    Zenith Steel Pipes & Industries Ltd’s net profit jumped 94.16% since last year same period to ₹0.44Cr in the Q2 2024-2025. On a quarterly growth basis, Zenith Steel Pipes & Industries Ltd has generated 77.08% jump in its net profits since last 3-months.

    Read More about Earnings Results

Zenith Steel Pipes & Industries Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

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

FAQs on Zenith Steel Pipes & Industries Ltd

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Zenith Steel Pipes & Industries Ltd shares.

Zenith Steel Pipes & Industries Ltd (ZENITHSTL) share price today is ₹8.78

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 ₹9.17.
  • Today’s lowest price of Zenith Steel Pipes & Industries Ltd is ₹8.61.

PE Ratio of Zenith Steel Pipes & Industries Ltd is 18.63

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 90.91K.

Today’s market capitalisation of Zenith Steel Pipes & Industries Ltd(ZENITHSTL) is ₹127.2Cr.

Zenith Steel Pipes & Industries Ltd(ZENITHSTLPrice
52 Week High
₹15.45
52 Week Low
₹5.55

Zenith Steel Pipes & Industries Ltd(ZENITHSTL) share price is ₹8.78. It is down -43.17% from its 52 Week High price of ₹15.45

Zenith Steel Pipes & Industries Ltd(ZENITHSTL) share price is ₹8.78. It is up 58.20% from its 52 Week Low price of ₹5.55

Zenith Steel Pipes & Industries Ltd(ZENITHSTLReturns
1 Day Returns
-0.16%
1 Month Returns
-9.88%
3 Month Returns
1.02%
1 Year Returns
30.51%