
Zenith Steel Pipes & Industries Share Price Today (ZENITHSTL)
TODAY IN ONE LINE
ZENITHSTL jumped 3.0% on above-average volume (1.8x avg), outperforming Nifty's -0.4% move, with no exchange filing today, suggesting a market-driven move.
With a market cap of ₹82.24 Cr., it trades at a P/E of N/A. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.
How good is this company?
Overall performance across 5 key dimensions.
Zenith Steel Pipes & Industries flags & news
Key strengths, potential risks, and recent updates.
Green Flags
- ●Reasonable ValuationTrading at a moderate P/E of 18.1x
- ●Virtually Debt-FreeVery low Debt-to-Equity of 0.00x
- ●Positive Free Cash FlowFCF has been positive for 3 consecutive years
- ●Zero Pledge RiskNo recent active promoter pledging found
Red Flags
- ●Earnings DeclineEPS (TTM) has contracted by 49.0% YoY
- ●Sales ContractionQuarterly sales dropped 54.5% YoY
- ●Low Promoter HoldingPromoters hold only 15.6%
Latest Zenith Steel Pipes & Industries News
What changed recently?
Recent events, corporate actions, and announcements.
Zenith Steel Pipes & Industries Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Zenith Steel Pipes & Industries Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.
Valuation
Profitability
Growth
Financial Health
Zenith Steel Pipes & Industries Ltd technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Zenith Steel Pipes & Industries Ltd — derived from the live tape, not yesterday's close.
Zenith Steel Pipes & Industries Ltd last traded at ₹5.83 with an intraday range of ₹5.51–₹6.19 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹5.83| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 7.54 | +1.71 | +29.27% |
| R3 | 6.86 | +1.03 | +17.61% |
| R2 | 6.52 | +0.69 | +11.89% |
| R1 | 6.18 | +0.35 | +5.95% |
| PIVOT | 5.84 | 0.01 | 0.23% |
| CURRENT | 5.83 | — | — |
| S1 | 5.50 | -0.33 | -5.72% |
| S2 | 5.16 | -0.67 | -11.44% |
| S3 | 4.82 | -1.01 | -17.38% |
| S4 | 4.14 | -1.69 | -29.05% |
ZENITHSTL is trading Below CPR, indicating Bearishness
CPR is Average
Day's range: ₹5.51–₹6.19
Trading Inside opening range
Zenith Steel Pipes & Industries Ltd financials: P&L, balance sheet, cash flow, ratios.
Reported annual and quarterly results for Zenith Steel Pipes & Industries Ltd — consolidated or standalone — with margins, YoY growth and key ratios inline.
Zenith Steel Pipes & Industries Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹82.24 Cr. and reported EPS of ₹0.31.
| Metric | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue from Operations | 119 | 53 ▼ 55.2% |
| Sales Growth YoY %Derived | -16.84% | -55.18% |
| Other Income | 10 | 24 ▲ 134.1% |
| Total Income | 129 | 77 ▼ 40.3% |
| 54 | 30 ▼ 45.1% | |
| Gross ProfitDerived | 65 | 23 ▼ 63.7% |
| Gross Margin %Derived | 54.27% | 43.96% |
| 70 | 40 ▼ 43.2% | |
| EBITDA (Operating Profit)Derived | -5 | -16 ▼ 209.5% |
| OPM %Derived | -4.41% | -30.44% |
| 4 | 6 ▲ 28.9% | |
| Profit Before Tax (PBT) | 0 | 4 ▲ 829.0% |
| — | — | |
| Effective Tax %Derived | — | — |
| Profit/Loss from Discontinued Ops | -0 | -0 ▲ 72.5% |
| Total Profit for Period | 0 | 4 ▲ 829.0% |
| Net Profit (Owner's PAT)Derived | 0 | 4 ▲ 829.0% |
| Net Profit Margin %Derived | 0.40% | 8.34% |
| PAT Growth YoY %Derived | 203.50% | 829.04% |
| Earnings Per Share (EPS ₹) | 0.03 | 0.31 ▲ 933.3% |
| Diluted Shares Outstanding (Cr) | 14 | 14 ▲ 0.0% |
| Other Comprehensive Income (Net of Tax) | -0 | -0 ▲ 48.8% |
| Total Expenses (incl. D&A & Interest) | 129 | 73 ▼ 43.5% |
| Material Cost % of RevenueDerived | 35.75% | 50.07% |
| Employee Cost % of RevenueDerived | 4.32% | 9.57% |
| Other Cost % of RevenueDerived | 54.35% | 64.83% |
| Interest Coverage (x)Derived | -2.90x | -7.33x |
| Period | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 170 | 170 ▲ 0.0% | 184 ▲ 8.2% | 101 ▼ 44.8% | 78 ▼ 23.2% | 163 ▲ 109.5% | 165 ▲ 1.1% | 143 ▼ 13.2% | 119 ▼ 16.8% | 53 ▼ 55.2% | |
| Sales Growth YoY %Derived | — | — | 8.24% | -44.79% | -23.19% | 109.47% | 1.11% | -13.16% | -16.84% | -55.18% | |
| Other Income | 17 | 17 ▲ 0.0% | 14 ▼ 15.0% | 14 ▼ 2.9% | 11 ▼ 22.6% | 2 ▼ 85.7% | 7 ▲ 362.8% | 5 ▼ 25.0% | 10 ▲ 91.8% | 24 ▲ 134.1% | |
| Total Income | 186 | 186 ▲ 0.0% | 198 ▲ 6.2% | 115 ▼ 41.8% | 89 ▼ 23.1% | 165 ▲ 85.9% | 172 ▲ 4.5% | 149 ▼ 13.6% | 129 ▼ 13.0% | 77 ▼ 40.3% | |
147 | 147 ▲ 0.0% | 119 ▼ 19.1% | 61 ▼ 48.8% | 48 ▼ 21.5% | 95 ▲ 98.6% | 123 ▲ 29.4% | 80 ▼ 34.8% | 54 ▼ 31.8% | 30 ▼ 45.1% | ||
| Gross ProfitDerived | 23 | 23 ▲ 0.0% | 65 ▲ 182.0% | 41 ▼ 37.4% | 30 ▼ 25.7% | 68 ▲ 126.6% | 42 ▼ 38.1% | 63 ▲ 49.5% | 65 ▲ 2.0% | 23 ▼ 63.7% | |
| Gross Margin %Derived | 13.59% | 13.59% | 35.41% | 40.13% | 38.79% | 41.97% | 25.70% | 44.26% | 54.27% | 43.96% | |
64 | 64 ▲ 0.0% | 282 ▲ 341.0% | 69 ▼ 75.4% | 32 ▼ 54.2% | 54 ▲ 70.3% | 55 ▲ 1.5% | 64 ▲ 16.0% | 70 ▲ 9.8% | 40 ▼ 43.2% | ||
| EBITDA (Operating Profit)Derived | -41 | -41 ▲ 0.0% | -216 ▼ 431.0% | -29 ▲ 86.8% | -2 ▲ 94.6% | 14 ▲ 1037.4% | -12 ▼ 186.7% | -0 ▲ 97.9% | -5 ▼ 1946.8% | -16 ▼ 209.5% | |
| OPM %Derived | -24.03% | -24.03% | -117.89% | -28.22% | -1.97% | 8.83% | -7.57% | -0.18% | -4.41% | -30.44% | |
14 | 14 ▲ 0.0% | 7 ▼ 53.5% | 14 ▲ 102.1% | 6 ▼ 53.4% | 18 ▲ 177.2% | 6 ▼ 66.1% | 6 ▼ 7.2% | 4 ▼ 19.5% | 6 ▲ 28.9% | ||
| Profit Before Tax (PBT) | -40 | -40 ▲ 0.0% | -222 ▼ 460.5% | -28 ▲ 87.2% | 3 ▲ 110.1% | 14 ▲ 394.6% | -11 ▼ 180.3% | -0 ▲ 95.9% | 0 ▲ 203.5% | 4 ▲ 829.0% | |
— | — | — | — | — | 2 | — ▼ 100.0% | — | — | — | ||
| Effective Tax %Derived | — | — | — | — | — | 11.69% | — | — | — | — | |
| Profit/Loss from Discontinued Ops | — | — | — | — | -16 | -1 ▲ 94.8% | -3 ▼ 256.9% | -0 ▲ 92.3% | -0 ▼ 8.9% | -0 ▲ 72.5% | |
| Total Profit for Period | -40 | -40 ▲ 0.0% | -222 ▼ 460.5% | -28 ▲ 87.2% | 3 ▲ 110.1% | 12 ▲ 336.8% | -14 ▼ 215.3% | -0 ▲ 96.8% | 0 ▲ 203.5% | 4 ▲ 829.0% | |
| Net Profit (Owner's PAT)Derived | -40 | -40 ▲ 0.0% | -222 ▼ 460.5% | -28 ▲ 87.2% | 3 ▲ 110.1% | 12 ▲ 336.8% | -14 ▼ 215.3% | -0 ▲ 96.8% | 0 ▲ 203.5% | 4 ▲ 829.0% | |
| Net Profit Margin %Derived | -23.36% | -23.36% | -120.96% | -27.95% | 3.67% | 7.65% | -8.72% | -0.32% | 0.40% | 8.34% | |
| PAT Growth YoY %Derived | — | — | -460.49% | 87.24% | 110.08% | 336.81% | -215.26% | 96.78% | 203.50% | 829.04% | |
| Earnings Per Share (EPS ₹) | -3.02 | -3.02 ▲ 0.0% | -16.92 ▼ 460.3% | -2.16 ▲ 87.2% | -0.95 ▲ 56.0% | 0.82 ▲ 186.3% | -1.01 ▼ 223.2% | -0.03 ▲ 97.0% | 0.03 ▲ 200.0% | 0.31 ▲ 933.3% | |
| Diluted Shares Outstanding (Cr) | 13 | 13 ▲ 0.0% | 13 ▲ 0.0% | 13 ▲ 0.0% | 14 ▲ 8.4% | 14 ▲ 0.0% | 14 ▲ 0.0% | 14 ▲ 0.0% | 14 ▲ 0.0% | 14 ▲ 0.0% | |
| Other Comprehensive Income (Net of Tax) | -1 | -1 ▲ 0.0% | -1 ▼ 88.9% | -0 ▲ 99.3% | 0 ▲ 1105.0% | 0 ▲ 71.7% | 0 ▼ 44.4% | -0 ▼ 141.7% | -0 ▼ 424.3% | -0 ▲ 48.8% | |
| Total Expenses (incl. D&A & Interest) | 225 | 226 ▲ 0.3% | 420 ▲ 85.8% | 144 ▼ 65.8% | 86 ▼ 40.3% | 151 ▲ 75.6% | 183 ▲ 21.8% | 149 ▼ 18.7% | 129 ▼ 13.6% | 73 ▼ 43.5% | |
| Material Cost % of RevenueDerived | 79.40% | 79.40% | 60.53% | 60.90% | 53.10% | 50.50% | 65.63% | 53.84% | 35.75% | 50.07% | |
| Employee Cost % of RevenueDerived | 4.48% | 4.48% | 4.62% | 9.57% | 9.84% | 4.92% | 5.10% | 4.30% | 4.32% | 9.57% | |
| Other Cost % of RevenueDerived | 33.14% | 33.14% | 148.68% | 58.78% | 30.92% | 28.22% | 28.17% | 40.13% | 54.35% | 64.83% | |
| Interest Coverage (x)Derived | -6.25x | -6.25x | -30.52x | -8.05x | -1.26x | 1.68x | -4.29x | -0.97x | -2.90x | -7.33x |
Zenith Steel Pipes & Industries segment analysis : revenue and profit mix.
Disclosed business segments at Zenith Steel Pipes & Industries with their share of revenue and profit, switchable between consolidated and standalone reporting.
Zenith Steel Pipes & Industries discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
The Bull, Bear, and Flip case for Zenith Steel Pipes & Industries Ltd.
Our AI distills the core fundamental drivers supporting Zenith Steel Pipes & Industries Ltd, the risks that threaten it, and the quantitative conditions that could weaken the thesis.
Zenith Steel Pipes & Industries Ltd's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Diverse ERW and HSAW pipe portfolio serves multiple industries globally
Established international presence with exports to approximately 79 countries
Long operational history since 1960 builds credibility and market recognition
Net profit margin 8.45% TTM demonstrates pricing resilience despite headwinds
Established manufacturing infrastructure with property, plant, equipment of ₹421 Cr
Key Risks.
Operating margin of -30.40% reflects severe profitability and cost management issues
TTM revenue declined 54.5% YoY, indicating sharp demand contraction or market loss
Latest quarterly EPS declined 50% YoY, signaling deteriorating earnings quality
Total debt of ₹220 Cr with negative equity of -₹2,515 Cr creates insolvency risk
Operating cash flow per share of -₹0.0731 indicates persistent liquidity strain
Flip Conditions.
Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.
Zenith Steel Pipes & Industries Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Zenith Steel Pipes & Industries Ltd is highlighted for quick read-across.
Quick Compare
Peer Comparison
| Company Name |
|---|
Zenith Steel Pipes & Industries Ltd chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Zenith Steel Pipes & Industries Ltd — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
- 1Pick how to scan. Detection sets sensitivity — Daily (standard) → Weekly (big swings). History sets how far back to look.
- 2Read the summary. The tiles at the top give the current read: net bias, the strongest pattern, and the one nearest to triggering.
- 3Scan the list. Use the Actionable, Watchlist, and History tabs to browse patterns. Click a pattern card to focus it.
- 4Inspect on the chart. Focusing draws the pattern’s pivots plus its break (blue), target (amber) and invalidation lines.
- 5Filter to what matters. Use the status controls (Confirmed, Forming, Invalidated) to hide noise and find exactly what you are looking for.
Pattern history — every completed pattern and its outcome
Zenith Steel Pipes & Industries Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Zenith Steel Pipes & Industries Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Zenith Steel Pipes & Industries Ltd stood at 63.4% of traded volume, against a 20-day average of 75.9%.
Zenith Steel Pipes & Industries announcements: results, concalls, ratings, M&A.
Filings Zenith Steel Pipes & Industries sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Zenith Steel Pipes & Industries files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 31 documents below.
Certificate under SEBI (Depositories and Participants) Regulations, 2018
Zenith Steel Pipes & Industries Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 for…
Trading Window
Zenith Steel Pipes & Industries Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider…
Clarification - Financial Results
The Exchange has sought clarification from Zenith Steel Pipes & Industries Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of…
Certificate under SEBI (Depositories and Participants) Regulations, 2018
Zenith Steel Pipes & Industries Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
Copy of Newspaper Publication
Zenith Steel Pipes & Industries Limited has informed the Exchange about Copy of Newspaper Publication
Zenith Steel Pipes & Industries dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Zenith Steel Pipes & Industries has declared, sequenced by announce and record date.
Zenith Steel Pipes & Industries corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Zenith Steel Pipes & Industries Ltd: business, sector, key facts.
What Zenith Steel Pipes & Industries Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Zenith Steel Pipes & Industries Ltd operates in the Iron & Steel Products industry under the Capital Goods sector, listed as NSE: ZENITHSTL, BSE: 531845.

Zenith Steel Pipes & Industries Ltd
Zenith Steel Pipes & Industries Limited (ZenithSTL) is a prominent Indian manufacturer and exporter of steel pipes, serving both domestic and international markets. Their product line encompasses a diverse range of steel pipes, primarily electric resistance welded (ERW) black and galvanized pipes, as well as helical submerged arc welded (HSAW) pipes. This broad product portfolio caters to a wide spectrum of applications, reflecting the company's significant presence in the steel pipe industry.
The applications for ZenithSTL's steel pipes are extensive and span numerous sectors. In the infrastructure sector, their pipes are utilized for water distribution systems (including agricultural irrigation, construction, and firefighting), as well as in sewage disposal and slurry transportation. The company's products are also integral components in various industrial applications, including general engineering, container making, and the manufacturing of gas and oil pipelines. Further applications include structural scaffolding, greenhouse construction, and the creation of space frames and fences.
Beyond infrastructure and industrial uses, ZenithSTL's pipes find application in the automotive industry and in the energy sector. They are used in the production of electricity conduits, transmission towers, and the transportation of oil and gas. The versatility of their product range is further underscored by its use in drill rods, bore-well applications, and even sprinkler systems. This diverse application base positions ZenithSTL as a key supplier across multiple industries.
The company's global reach is considerable, with exports extending to approximately 79 countries worldwide, including the United States. This significant international presence signifies ZenithSTL's competitive edge and substantial market penetration on the global stage. The company's long history, dating back to its incorporation in 1960, speaks to its enduring success and consistent presence within the highly competitive steel pipe industry.
In summary, ZenithSTL's business model centers on the manufacturing and distribution of a wide array of steel pipes, tailored to meet the demands of a diverse customer base across numerous sectors and geographic locations. Their extensive product range, robust global reach, and established history contribute to their prominent position in the steel pipe industry.
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Questions investors ask about Zenith Steel Pipes & Industries Ltd (ZENITHSTL).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Zenith Steel Pipes & Industries Ltd (ZENITHSTL)?
The current share price of Zenith Steel Pipes & Industries Ltd (ZENITHSTL) is ₹5.83. Today, the stock has gained by ₹0.17 (3.00%), trading in a range of ₹5.51 to ₹6.19. The stock opened at ₹5.51 with a trading volume of 2,17,603 shares.
02What is the 52-week high and low price of Zenith Steel Pipes & Industries Ltd stock?
The 52-week high price of Zenith Steel Pipes & Industries Ltd (ZENITHSTL) is ₹10, while the 52-week low is ₹4.41. Currently trading at ₹5.83, the stock is 25.4% away from its 52-week low and 41.7% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
03What is the dividend yield of Zenith Steel Pipes & Industries Ltd and when is the next dividend?
Zenith Steel Pipes & Industries Ltd offers a dividend yield of 0.00%, which means for every ₹100 invested at the current price of ₹5.83, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
04How is Zenith Steel Pipes & Industries Ltd stock performing today in the market?
Zenith Steel Pipes & Industries Ltd stock opened at ₹5.51 and is currently trading at ₹5.83, showing a gain of ₹0.17 (3.00%). The intraday high is ₹6.19 and low is ₹5.51. The trading volume stands at 2,17,603 shares, indicating moderate market participation today.
05What is the market capitalization of Zenith Steel Pipes & Industries Ltd?
Zenith Steel Pipes & Industries Ltd has a market capitalization of ₹82.24 crores, making it a small-cap company. Market cap is calculated by multiplying the current stock price (₹5.83) by the total number of outstanding shares. This metric helps investors understand the company's size, stability, and investment risk profile.
06Which sector and industry does Zenith Steel Pipes & Industries Ltd belong to?
Zenith Steel Pipes & Industries Ltd operates in the Capital Goods sector and belongs to the Iron & Steel Products industry. The company competes with other players in this space and its performance is influenced by sector-specific trends, regulatory changes, and market dynamics. Understanding the sector helps investors assess growth potential, cyclical patterns, and industry-specific risks that may impact the stock's performance.
07What is the sales and profit growth of Zenith Steel Pipes & Industries Ltd?
Zenith Steel Pipes & Industries Ltd has reported a sales growth of -54.50% and profit growth of -96.30%. The company may be facing growth challenges or operating in a mature market. Consistent growth over multiple quarters is a positive indicator for long-term investors. Compare these growth rates with industry peers for better perspective.
08What is the face value of Zenith Steel Pipes & Industries Ltd share?
The face value (or par value) of Zenith Steel Pipes & Industries Ltd share is ₹10.00. Face value is the nominal value of a share as stated in the company's charter and is used for accounting purposes and calculating dividends. The current market price of ₹5.83 is 0.6x the face value. Face value remains constant unless the company undergoes a stock split or bonus issue, while market price fluctuates based on demand and supply.
The data, ratios and commentary about Zenith Steel Pipes & Industries Ltd (ZENITHSTL) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.