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ZENITH STEEL PIP IND

ZENITH STEEL PIP IND Latest Share Price (ZENITHSTL)

TechnicalsTV Chart
5.85
0.14−2.34%
Overall Score47/100
Day range6
₹5.85
6
52-week4
₹5.85
10
Above low+32.7%
Below high41.5%
Range position26%
Open6.13
Prev Close5.99
Bid5.82100
Ask5.88100

TODAY IN ONE LINE

ZENITHSTL fell 2.3% on average volume, lagging Nifty's -0.3% move.

With a market cap of ₹84.23 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.

Volume88.1K34%vs 20D avg
Market Cap₹84.23 Cr.
PromoterNot applicable
Face Value₹10
Fwd P/E
PEG
EV/EBITDA33.37
P/S1.48
ROA-7.23%
Beta0.71
Div Payout
THE STOCK SCORE
Overall Score47/100
Updated 07 Sept

How good is this company?

Overall performance across 5 key dimensions.

Each card tappable → shows formula + inputs
FLAGS & NEWS

ZENITH STEEL PIP IND flags & news 

Key strengths, potential risks, and recent updates.

4 green flags🚩 3 red flags

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 1.5% YoY
  • Promoter SellingPromoter holding decreased by 15.64% QoQ

Latest ZENITH STEEL PIP IND News

THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

11 SEPT 2026
corporate
Copy of Newspaper Publication - Zenith Steel Pipes & Industries Limited has informed the Exchange about Copy of Newspaper Publicatio...
View PDF
09 SEPT 2026
corporate
Reply to Clarification- Financial results - The Exchange had sought clarification from Zenith Steel Pipes & Industries Limited for the quarter e...
View PDF
🔒Prime: full history + alerts on this stock
Valuation

ZENITH STEEL PIP IND valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for ZENITH STEEL PIP IND, framed against the sector median so the premium or discount is obvious at a glance.

Key MetricsMarket + reported · 11 Sept 2026Consolidated

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

Valuation

Market Cap
₹84.23 Cr.
P/E Ratio
P/B Ratio
EPS
₹0.02
Profitability

Profitability

ROE
ROCE
Net Margin
8.45%
Op Margin
11.33%
Growth

Growth

EPS YoY
-49%
Revenue YoY
-54.5%
Qtr Sales
-1.53%
Qtr Profit
-27.64%
Financial Health

Financial Health

Debt / Equity
Book Value
Div Yield
Promoter Holding
Not applicable
Technicals

ZENITH STEEL PIP IND technical analysis: indicators, pivots and CPR.

Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for ZENITH STEEL PIP IND — derived from the latest tape, not yesterday's close.

ZENITH STEEL PIP IND last traded at ₹5.85 with an intraday range of ₹5.73–₹6.35 — latest indicator, pivot and CPR signals below.

Last updated: 14 September 2026, 4:08 pm IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Last: ₹5.85
LevelPrice (₹)Distance% Δ
R47.46+1.61+27.58%
R36.84+0.99+16.98%
R26.60+0.75+12.76%
R16.22+0.37+6.38%
PIVOT5.980.132.17%
CURRENT5.85
S15.60-0.25-4.22%
S25.36-0.49-8.43%
S34.98-0.87-14.81%
S44.36-1.49-25.41%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 5.91P: 5.98TC: 6.04
R1
R2
R3
R4
indicator
LTP: 5.85
PDH: 6.45
PDL: 5.60
● Market Sentiment

ZENITHSTL is trading Below CPR, indicating Bearishness

● CPR Width

CPR is Wider, suggesting unlikely for trending moves

● Opening Range

Day's range: 5.736.35

● Price Position

Trading Inside opening range

Financials

ZENITH STEEL PIP IND financials: P&L, balance sheet, cash flow, ratios.

Reported annual and quarterly results for ZENITH STEEL PIP IND — consolidated or standalone — with margins, YoY growth and key ratios inline.

ZENITH STEEL PIP IND reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹84.23 Cr. and reported EPS of ₹0.02.

iTap any row for a plain-English meaningChange vs a year ago — green means the move is healthy for that line, red means it isn’tDerivedCalculated by us, not reported directly
Mobile view
Latest vs previous year
MetricMar 2025Mar 2026
Revenue from Operations119
53
55.2%
Sales Growth YoY %Derived-16.84%
-55.18%
Other Income10
24
134.1%
Total Income129
77
40.3%
54
30
45.1%
Gross ProfitDerived65
23
63.7%
Gross Margin %Derived54.27%
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 Period0
4
829.0%
Net Profit (Owner's PAT)Derived0
4
829.0%
Net Profit Margin %Derived0.40%
8.34%
PAT Growth YoY %Derived203.50%
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 RevenueDerived35.75%
50.07%
Employee Cost % of RevenueDerived4.32%
9.57%
Other Cost % of RevenueDerived54.35%
64.83%
Interest Coverage (x)Derived-2.90x
-7.33x
Sales CAGR · 3Y
-31.3%
Sales CAGR · 5Y
-7.3%
PAT CAGR · 5Y
+9.3%
all values in ₹ Cr unless marked % / x / ₹ · fiscal-period end shown · reported figures via Stockezee financials API · annual results may be audited; quarterly results may be unaudited or limited-review
Segment Analysis

ZENITH STEEL PIP IND segment analysis : revenue and profit mix.

Disclosed business segments at ZENITH STEEL PIP IND with their share of revenue and profit, switchable between consolidated and standalone reporting.

ZENITH STEEL PIP IND discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for ZENITH STEEL PIP IND.

Our AI distills the core fundamental drivers supporting ZENITH STEEL PIP IND, the risks that threaten it, and the quantitative conditions that could weaken the thesis.

ZENITH STEEL PIP IND's investment case rests on 0 positive markers and 1 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

No strengths or opportunities on record.

bear case

Key Risks.

  • SWOT generation temporarily unavailable due to model error. The security token included in the request is invalid.

flip conditions

Flip Conditions.

  • Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.

Shareholding

ZENITH STEEL PIP IND shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in ZENITH STEEL PIP IND — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

AnnualJun 2026

Public84.34%
Promoters15.64%
DII0.02%

Ownership Distribution

Retail & Public
84.34%
Promoters
15.64%
Domestic Institutions
0.02%

Category Trends

Foreign Institutions Breakdown
Total Holding: %
Net Change: undefined%
Category Total0.00%
Total Holding0.00%
Net Change+0.00%
Aggregate Data
Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod

No detailed foreign institutions data disclosed

Detailed institutional breakdown is not disclosed by the company for foreign institutions

Peers

ZENITH STEEL PIP IND peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — ZENITH STEEL PIP IND is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
WELSPUN CORP
₹70,596.97 Cr
Best Profit Growth
MANAKSIA
391.05 %
Highest Dividend Yield
SURYA ROSHNI
2.33 %

Peer Comparison

Company Name
09 · Chart Patterns

ZENITH STEEL PIP IND chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for ZENITH STEEL PIP IND — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

Delivery Conviction

ZENITH STEEL PIP IND delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for ZENITH STEEL PIP IND over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in ZENITH STEEL PIP IND stood at 63.9% of traded volume, against a 20-day average of 77.3%.

Avg Delivery (20D)77.3%-13.5 ppt latest vs avg
Highest Delivery95.6%on 02 Sept
Avg Volume (20D)1.33 L20-day run-rate
Conviction Trend↓ Weakening-13.5 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

ZENITH STEEL PIP IND announcements: results, concalls, ratings, M&A.

Filings ZENITH STEEL PIP IND sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

ZENITH STEEL PIP IND files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 35 documents below.

  1. 11 Sept 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Zenith Steel Pipes & Industries Limited has informed the Exchange about Copy of Newspaper Publication for Annual General Meeting

  2. 09 Sept 2026Reply to Clarification- Financial resultsView PDF

    Reply to Clarification- Financial results

    The Exchange had sought clarification from Zenith Steel Pipes & Industries Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of…

  3. 18 Aug 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Zenith Steel Pipes & Industries Limited has informed the Exchange about Copy of Newspaper Publication for unaudited standalone and consolidated…

  4. 14 Aug 2026Outcome of Board MeetingView PDF

    Outcome of Board Meeting

    Zenith Steel Pipes & Industries Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.

  5. 14 Jul 2026Certificate under SEBI (Depositories and Participants) Regulations, 2018View PDF

    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…

Corporate Actions

ZENITH STEEL PIP IND dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue ZENITH STEEL PIP IND has declared, sequenced by announce and record date.

ZENITH STEEL PIP IND corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

About the Company

About ZENITH STEEL PIP IND: business, sector, key facts.

What ZENITH STEEL PIP IND does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

ZENITH STEEL PIP IND operates in the Iron & Steel Products industry under the Capital Goods sector, listed as NSE: ZENITHSTL, BSE: 531845.

ZENITHSTL
Capital Goods

ZENITH STEEL PIP IND

NSE · ZENITHSTL·BSE · 531845·www.zenithsteelpipes.com

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.

company facts
Employees
SectorCapital Goods
HeadquartersMumbai, India
Market Cap₹84.23 Cr.
Listed OnNSE
leadership17 on record
Mr. A. A. Mapkar
Vice President of Personnel and Administration
Mr. B. P. Kejriwal
Chief Operating Officer of Tool Division
Mr. Girvanesh Balasubramanan
Chief Financial Officer
Mr. Girvanesh Balasubramanan
Chief Financial Officer
Mr. J. H. Baxi
Joint President of Exports and Engineering Division
Mr. Lalit A. Rungta
Senior Vice President of Comml
Mr. Prakhar Agarwal
Chief Compliance Officer, Company Secretary
Mr. Pramod Bhosale
Non-Executive Non Independent Director
Mr. Purushottam Sonavane
Additional Non-Executive Independent Director
Mr. Pushkar Madhav Natu
Manager
Mr. Santosh Kumar Jain
General Manager of Marketing
Mrs. Sadhana Patil
Additional Non-Executive Independent Director
§ ∞ · Plainly Answered

Questions investors ask about ZENITH STEEL PIP IND (ZENITHSTL).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of ZENITH STEEL PIP IND (ZENITHSTL)?

The current share price of ZENITH STEEL PIP IND (ZENITHSTL) is ₹5.85. Today, the stock has declined by ₹0.14 (2.34%), trading in a range of ₹5.73 to ₹6.35. The stock opened at ₹6.13 with a trading volume of 88,082 shares.

02What is the 52-week high and low price of ZENITH STEEL PIP IND stock?

The 52-week high price of ZENITH STEEL PIP IND (ZENITHSTL) is ₹10.00, while the 52-week low is ₹4.41. Currently trading at ₹5.85, the stock is 32.65% above its 52-week low and 41.5% 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 PIP IND and when is the next dividend?

ZENITH STEEL PIP IND offers a dividend yield of 0%, which means for every ₹100 invested at the current price of ₹5.85, 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 PIP IND stock performing today in the market?

ZENITH STEEL PIP IND stock opened at ₹6.13 and is currently trading at ₹5.85, showing a decline of ₹0.14 (2.34%). The intraday high is ₹6.35 and low is ₹5.73. The trading volume stands at 88,082 shares, indicating moderate market participation today.

05What is the market capitalization of ZENITH STEEL PIP IND?

ZENITH STEEL PIP IND has a market capitalization of ₹84.23 Cr., making it a small-cap company. Market cap is calculated by multiplying the current stock price (₹5.85) by the total number of outstanding shares. This metric helps investors understand the company's size, stability, and investment risk profile.

06What is the ROE and ROCE of ZENITH STEEL PIP IND?

ZENITH STEEL PIP IND has a Return on Equity (ROE) of 0% and Return on Capital Employed (ROCE) of 0%. ROE measures how efficiently the company generates profits from shareholders' equity, while ROCE indicates how well the company uses its capital to generate profits. These returns may need improvement for better profitability. Higher percentages generally indicate better financial performance.

07Which sector and industry does ZENITH STEEL PIP IND belong to?

ZENITH STEEL PIP IND 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.

08What is the sales and profit growth of ZENITH STEEL PIP IND?

ZENITH STEEL PIP IND has reported a sales growth of -54.5% and profit growth of -27.64%. 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.

Disclaimer

The data, ratios and commentary about ZENITH STEEL PIP IND (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.