



Metals & Mining | Small Cap
Zenith Steel Pipes & Industries Ltd, operating in the General Industrials (Capital Goods) sector, shows a mixed financial performance. The company demonstrates strong solvency, indicating a solid equity base. Conversely, liquidity, growth, coverage, and profitability metrics raise concerns, suggesting potential challenges in meeting short-term obligations, expanding operations, and generating profits. The financial ratios reflect a similar struggle, with low earnings per share and book value. The company's efficiency is also a concern. While the company maintains a strong equity position, improvements in revenue, profit margins, and asset utilization are necessary to ensure long-term sustainability and competitiveness. The recent trends suggest a need for strategic adjustments to improve overall financial health.
Zenith Steel Pipes & Industries Ltd, operating in the General Industrials (Capital Goods) sector, shows a mixed financial performance. The company demonstrates strong solvency, indicating a solid equity base. Conversely, liquidity, growth, coverage, and profitability metrics raise concerns, suggesting potential challenges in meeting short-term obligations, expanding operations, and generating profits. The financial ratios reflect a similar struggle, with low earnings per share and book value. The company's efficiency is also a concern. While the company maintains a strong equity position, improvements in revenue, profit margins, and asset utilization are necessary to ensure long-term sustainability and competitiveness. The recent trends suggest a need for strategic adjustments to improve overall financial health.
Overall Valuation Score
Markets Depth NSE
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0
0
Sell Orders
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0
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Markets Today NSE
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Open
0.00
Close
0.00
Prev Close
0.00
Avg Price
0.00
Volume
0
Last Traded Quantity
0
Last Traded Time
N/A
Price Movement Indicator
Today's Low: 0.00
Today's High: 0.00
P/E RATIO (TTM)
16.61
Industry Median
20.19
Small Cap Median
20.36
P/E RATIO
257.50
P/B RATIO
-0.29
Industry Median
1.80
Small Cap Median
1.80
P/S RATIO
0.61
Industry Median
1.34
Small Cap Median
0.97
Others
PEG RATIO
17.05
EV/EBITDA RATIO
15.69
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹5.15 as on Feb 20, 2026.
The company's growth ratios indicate significant challenges. Negative growth rates across revenue, operating profit, EPS, and assets suggest a period of contraction. While these declines may be influenced by market conditions, they also raise concerns about the company's ability to sustain and expand its operations. Improving these metrics is essential for attracting investors and ensuring long-term viability. The company needs to focus on strategic initiatives to stimulate growth and regain positive momentum.
| Growth Ratios | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Revenue Growth Rate | -22.77 | 108.97 | 1.23 | -13.33 | -16.78 |
| Operating Profit Growth Rate | 94.99 | 1079.22 | -181.23 | 97.96 | -2000 |
| Earnings Per Share (EPS) Growth | 56.02 | 186.32 | -223.17 | 95.05 | 140 |
| Asset Growth Rate | 41.55 | -12.22 | 7.73 | -12.87 | |
| Net Income Growth Rate | 50 | 185.71 | -216.67 | 92.86 | 100 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | Hisar Metal Industries Ltd | 6.82 | 25.49 | Neutral | 13.00 | 6.26 | 3.00 |
| 2 | Shah Alloys Ltd | 4.77 | 2.08 | Neutral | 7.00 | 36.67 | 108.00 |
| 3 | Zenith Steel Pipes & Industries Ltd | 4.43 | 257.50 | Neutral | -5.00 | 0.22 | N/A |
| 4 | Prakash Steelage Ltd | 3.97 | -0.77 | Neutral | -41.00 | 0.05 | -88.00 |
| 5 | Shyam Century Ferrous Ltd | 3.93 | 73.88 | Neutral | 14.00 | -0.43 | 15.00 |
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Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Market Sentiment
Analysis Driven By 1 Technical Indicators From The 1 Hour Timeframe
Analyzing moving average trends and crossovers. Green/Red badges indicate if the current condition passes or fails.
Comparing stock price performance (normalized) against benchmark indices over time.
Recent daily trading volume represented as a bar chart, alongside historical averages.
Current closing price relative to the 52-week highest and lowest prices.
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Zenith Steel Pipes & Industries Ltd is a prominent Indian manufacturer and supplier of steel pipes and tubes. The company specializes in Electric Resistance Welded (ERW) steel pipes, galvanized pipes, and black pipes, serving diverse sectors including industrial, agricultural, and construction, establishing a significant presence in the domestic market.
P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Zenith Steel Pipes & Industries Ltd's P/E ratio (TTM) is 16.61, compared to the industry median of 20.19 and large cap median of 20.36.
P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Zenith Steel Pipes & Industries Ltd's P/B ratio is -0.29, compared to the industry median of 1.80 and large cap median of 1.80.
P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Zenith Steel Pipes & Industries Ltd's P/S ratio is 0.61, compared to the industry median of 1.34 and large cap median of 0.97.
PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Zenith Steel Pipes & Industries Ltd's PEG ratio is 17.05.
EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Zenith Steel Pipes & Industries Ltd's EV/EBITDA ratio is 15.69.
Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Zenith Steel Pipes & Industries Ltd's ROE is N/A.
Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Zenith Steel Pipes & Industries Ltd's ROA is -3.31%.
Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Zenith Steel Pipes & Industries Ltd's ROCE is -1.15%.
Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Zenith Steel Pipes & Industries Ltd's operating margin is -4.41%.
Net Margin: Net margin shows what percentage of revenue converts into final net profit. Zenith Steel Pipes & Industries Ltd's net margin is 0%.
Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Zenith Steel Pipes & Industries Ltd's current ratio is 0.30.
Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Zenith Steel Pipes & Industries Ltd's debt-to-equity ratio is -0.08.
Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Zenith Steel Pipes & Industries Ltd's interest coverage ratio is 1.09.
Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Zenith Steel Pipes & Industries Ltd's DPS is ₹0.
Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Zenith Steel Pipes & Industries Ltd's EPS is 140.
(Source line: "Ratios as of 11 Oct 2026, based on last traded price of ₹5.15. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")
Founded: 1960 (as Zenith Tin Works Limited)
Headquarters: Mumbai, Maharashtra
Core Offerings: ERW Steel Pipes, Galvanized Steel Pipes, Black Steel Pipes, Steel Tubes
Stock Listing: NSE (ZENITHSTL), BSE (531845)
Promoter: S. K. Wadhawan Group
Zenith Steel Pipes & Industries Ltd was incorporated in 1960 as Zenith Tin Works Limited, initially focusing on tin container manufacturing. In 1964, the company diversified into manufacturing ERW steel pipes. Over the years, it expanded its operations and eventually changed its name to Zenith Limited, and subsequently to Zenith Steel Pipes & Industries Limited, solidifying its focus on the steel pipe and tube sector.
| Segment Name | Revenue % | EBITDA |
|---|---|---|
| Steel Pipes & Tubes | 100% | Operating Profit |
Steel Pipes & Tubes: Manufactures Electric Resistance Welded (ERW) steel pipes and tubes used in various applications such as agriculture, industrial fluid conveyance, scaffolding, general engineering, and construction projects. Products adhere to national and international standards.
Galvanized & Black Pipes: Offers both black (uncoated) steel pipes and galvanized (zinc-coated for enhanced corrosion resistance) steel pipes, catering to different customer specifications and end-use environments requiring varying levels of durability.
Mr. B. M. Wadhawan - Chairman & Managing Director. He is a seasoned professional with extensive experience in the steel pipe industry, guiding the company's strategic direction and growth.
No major subsidiaries reported.
No major recent corporate actions on record.
The Zenith Steel Pipes & Industries Ltd share price today is ₹5.15 on NSE (ZENITHSTL), as of 11 Oct 2026.
As of 11 Oct 2026, Zenith Steel Pipes & Industries Ltd share price is ₹5.15, with previous close ₹5.15. Today's range is ₹5.15 to ₹5.15. The 52-week range is ₹N/A to ₹N/A.
As of today, Zenith Steel Pipes & Industries Ltd's market cap is ₹73.13 crore (Small Cap).
Zenith Steel Pipes & Industries Ltd's current P/E ratio is 16.61, compared to the METALS & MINING sector average of 28.50.
Zenith Steel Pipes & Industries Ltd's current P/B ratio is -0.29.
Zenith Steel Pipes & Industries Ltd's current dividend yield is N/A. Last dividend of ₹0.50 per share was declared on 22-Sep-2023.
Zenith Steel Pipes & Industries Ltd's EPS (TTM) is ₹140.
Zenith Steel Pipes & Industries Ltd is a prominent Indian manufacturer and supplier of steel pipes and tubes. The company specializes in Electric Resistance Welded (ERW) steel pipes, galvanized pipes, and black pipes, serving diverse sectors including industrial, agricultural, and construction, establishing a significant presence in the domestic market.
Zenith Steel Pipes & Industries Ltd is promoted by S. K. Wadhawan Group, holding 210.98% as of 11 Oct 2026.
Zenith Steel Pipes & Industries Ltd is listed on NSE (ZENITHSTL) and BSE (531845). Its next quarterly results are expected on August 2024 (Q1 FY25).