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Zenith Steel Pipes & Industries Ltd

Zenith Steel Pipes & Industries

Small Cap121 EmployeesIPO 2007
Current Price
5.59
0.26 (4.88%)Updated
NSE :ZENITHSTL
BSE :531845
Today's Range
5.16
5.59
union icon
5.59
52 Week Range
52W Low4.41
52W High10.33
5.59
union icon
Downside26.76%
Upside84.79%

Price Chart

Compare with Peers

Historical Ratios

Track top 12 most important financial ratios

P/E Ratio: Price to Earnings - Most used valuation metric

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Analyzing Investment Quality

Processing 9 key metrics...

Key Metrics

Hover for details

Valuation

Market Cap
75.11 Cr
Market Cap
Total market value of company
P/E Ratio
17.66
P/E Ratio
Price to Earnings. Lower is generally better (<25 is good)
P/B Ratio
-
P/B Ratio
Price to Book Value. <3 may indicate undervaluation
EPS
0.31
EPS
Earnings Per Share. Higher and growing is positive

Profitability

ROE
-4.90%
ROE
Return on Equity. >15% is good, >20% is excellent
ROCE
-%
ROCE
Return on Capital Employed. >15% is good
Net Margin
4.55%
Net Margin
Net profit as % of revenue. >10% is good
Operating Margin
-%
Operating Margin
Operating profit margin. >15% is good

Growth

EPS Growth (5Y)
-%
EPS Growth (5Y)
5-year EPS growth. >15% is strong
Revenue Growth (5Y)
3.27%
Revenue Growth (5Y)
5-year revenue growth. >10% is good
Qtr Sales Growth
-53.30%
Qtr Sales Growth
Quarter-over-quarter sales growth
Qtr Profit Growth
276.00%
Qtr Profit Growth
Quarter-over-quarter profit growth

Financial Health

Debt/Equity
4.84
Debt/Equity
Financial leverage. <1 is good, <0.5 is excellent
Book Value
3.74
Book Value
Net asset value per share
Dividend Yield
-%
Dividend Yield
Annual dividend as % of price. >2% is good
Promoter Holding
15.60%
Promoter Holding
Promoter stake. >50% shows confidence
Good
Average
Needs Attention

SWOT Analysis

Strengths

0 points

    Weaknesses

    0 points

      Opportunities

      0 points

        Threats

        0 points

          Segment-wise Financial Analysis

          Financial Results

          Balance Sheet

          StandaloneAnnualAll amounts in ₹ Crores • CA Schedule III Format

          No Balance Sheet Data Available

          Standalone annual data is not available for this symbol.
          Try switching to Consolidated view.

          Shareholding Pattern

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          Company Insider Trading Activity

          No insider trading data available

          Corporate Action

          Company Announcements

          Technical Analysis & Indicators

          Standard pivot points - most widely used

          Pivot Points (CLASSIC)

          LevelPriceDistance% Change
          R46.59+₹1.00+17.95%
          R36.16+₹0.57+10.26%
          R25.88+₹0.29+5.13%
          R15.73+₹0.14+2.56%
          PIVOT5.45-0.14-2.56%
          CURRENT5.59--
          S14.44-₹1.15-20.51%
          S24.87-₹0.72-12.82%
          S35.02-₹0.57-10.26%
          S45.30-₹0.29-5.13%
          CPR Levels
          Support
          Resistance
          S4
          S3
          S2
          S1
          | CPR |
          BC: N/AP: N/ATC: N/A
          R1
          R2
          R3
          R4
          indicator
          LTP: N/A
          PDH: N/A
          PDL: N/A
          ● Market Sentiment

          is trading CPR, indicating

          ● CPR Width

          CPR is

          ● Opening Range

          Day's range: ~

          ● Price Position

          Trading Inside opening range

          Delivery Volume Analysis & Trading Activity

          Latest Volume
          0.47L
          (06 Mar 2026)
          -59.3% vs avg
          Delivery %
          86.7%
          (06 Mar 2026)
          +7.0% vs avg
          Avg Volume (20D)
          1.15L
          (06 Feb - 06 Mar)
          20-day average
          Avg Delivery %
          79.7%
          (06 Feb - 06 Mar)
          Trend ↑
          Delivery % indicates the percentage of traded volume that resulted in actual delivery. Higher delivery % (>50%) suggests genuine buying interest and stronger hands.

          Peer Comparison & Industry Benchmarking

          Quick Compare

          Largest by Market Cap
          JSW Steel Ltd
          3.04L ₹ Cr
          Best Profit Growth
          Shyam Century Ferrous Ltd
          647.00 %
          Highest Dividend Yield
          Hisar Metal Industries Ltd
          1.16 %

          Peer Comparison

          Company Name
          HISARMETAL
          Hisar Metal Industries Ltd
          JSWSTEEL
          JSW Steel Ltd
          PRAKASHSTL
          Prakash Steelage Ltd
          SHYAMCENT
          Shyam Century Ferrous Ltd
          SMLT
          Sarthak Metals Ltd

          About

          ZENITHSTL

          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.

          COMPANY FACTS - ZENITHSTL

          Registered Address

          Dalamal House, 1st Floor, 206, J.B. Marg, Nariman Point

          Mumbai

          MAHARASHTRA

          IN

          Company Details

          Group: Materials

          Sector: Materials

          Industry: Metals & Mining

          Exchange: NATIONAL STOCK EXCHANGE OF INDIA

          Employees: 121

          IPO Date: 30/04/2007

          MANAGEMENT - ZENITHSTL

          Mr. Girvanesh Balasubramanan

          Chief Financial Officer

          Mr. Prakhar Agarwal

          Chief Compliance Officer, Company Secretary

          Ms. Minal Pote

          Whole time Director

          Mr. Pramod Bhosale

          Non-Executive Non Independent Director

          Mrs. Sadhana Patil

          Additional Non-Executive Independent Director

          Ms. Bhavika Sharma

          Additional Non-Executive Independent Director

          Mr. Purushottam Sonavane

          Additional Non-Executive Independent Director

          Investor Questions Answered

          Zenith Steel Pipes & Industries Ltd (ZENITHSTL) Stock FAQs

          Get answers to the most common questions about Zenith Steel Pipes & Industries Ltd stock price, fundamentals, financial metrics, and investment analysis

          The current share price of Zenith Steel Pipes & Industries Ltd (ZENITHSTL) is ₹5.59. Today, the stock has gained by ₹0.26 (4.88%), trading in a range of ₹5.16 to ₹5.59. The stock opened at ₹5.16 with a trading volume of 46,957 shares.
          Zenith Steel Pipes & Industries Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹75.11 crores, P/E ratio of 17.66, ROE of -4.90%, and ROCE of 0.00%. The dividend yield stands at 0.00%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
          The 52-week high price of Zenith Steel Pipes & Industries Ltd (ZENITHSTL) is ₹10.33, while the 52-week low is ₹4.41. Currently trading at ₹5.59, the stock is 19.9% away from its 52-week low and 45.9% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
          Whether to buy Zenith Steel Pipes & Industries Ltd stock at ₹5.59 depends on multiple factors. The stock is currently trading with a P/E ratio of 17.66 and P/B ratio of N/A. Today's performance shows a gain of 4.88%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
          Zenith Steel Pipes & Industries Ltd offers a dividend yield of 0.00%, which means for every ₹100 invested at the current price of ₹5.59, 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.
          Zenith Steel Pipes & Industries Ltd's key financial metrics include: P/E Ratio: 17.66, P/B Ratio: N/A, ROE: -4.90%, ROCE: 0.00%, Dividend Yield: 0.00%, EPS: ₹0.31, Book Value: ₹3.74, Debt-to-Equity: 4.84, and Current Ratio: N/A. The company's market cap stands at ₹75.11 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
          Zenith Steel Pipes & Industries Ltd stock opened at ₹5.16 and is currently trading at ₹5.59, showing a gain of ₹0.26 (4.88%). The intraday high is ₹5.59 and low is ₹5.16. The trading volume stands at 46,957 shares, indicating moderate market participation today.
          Zenith Steel Pipes & Industries Ltd has a Price-to-Earnings (P/E) ratio of 17.66, which means investors are willing to pay ₹17.66 for every ₹1 of earnings. With an EPS of ₹0.31, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.
          Zenith Steel Pipes & Industries Ltd has a market capitalization of ₹75.11 crores, making it a small-cap company. Market cap is calculated by multiplying the current stock price (₹5.59) by the total number of outstanding shares. This metric helps investors understand the company's size, stability, and investment risk profile.
          Zenith Steel Pipes & Industries Ltd has a book value of ₹3.74 per share and a Price-to-Book (P/B) ratio of N/A. The current market price is ₹5.59, which is 49.5% above the book value. A P/B ratio below 1 may indicate undervaluation or asset quality concerns.
          Zenith Steel Pipes & Industries Ltd has a Return on Equity (ROE) of -4.90% and Return on Capital Employed (ROCE) of 0.00%. 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.
          Zenith Steel Pipes & Industries Ltd operates in the diversified sector and belongs to the general 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.
          Zenith Steel Pipes & Industries Ltd has a debt-to-equity ratio of 4.84, which measures the company's financial leverage by comparing total debt to shareholders' equity. A ratio above 2 indicates high leverage and potentially higher financial risk. Lower ratios generally indicate lower financial risk, but optimal levels vary by industry.
          Zenith Steel Pipes & Industries Ltd has an Earnings Per Share (EPS) of ₹0.31, which represents the company's profit allocated to each outstanding share. With a current stock price of ₹5.59 and P/E ratio of 17.66, investors are paying 17.66 times the annual earnings per share. The company may need to improve its earnings performance. Track EPS growth over quarters to assess earnings momentum.
          Zenith Steel Pipes & Industries Ltd has reported a sales growth of N/A% and profit growth of N/A%. 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.
          Zenith Steel Pipes & Industries Ltd has a current ratio of N/A, which measures the company's ability to pay short-term obligations with current assets. A ratio below 1 may indicate potential liquidity concerns. This metric is crucial for assessing the company's working capital management and financial safety.
          To analyze Zenith Steel Pipes & Industries Ltd stock, consider: 1) Fundamental Analysis - Review P/E (17.66), ROE (-4.90%), debt-to-equity (4.84), and growth rates. 2) Technical Analysis - Check 52-week range (₹4.41 - ₹10.33), moving averages, and chart patterns. 3) Valuation - Compare current price (₹5.59) with book value (₹3.74) and industry peers. 4) Financial Health - Assess current ratio (N/A) and cash flows. 5) Growth Prospects - Evaluate sales growth (N/A%) and profit growth (N/A%). Always diversify and consult a financial advisor.
          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 ₹5.59 is -44x 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.
          Investing in Zenith Steel Pipes & Industries Ltd carries several risks: 1) Market Risk - Stock price volatility (52-week range: ₹4.41 - ₹10.33). 2) Business Risk - Industry-specific challenges in the sector. 3) Financial Risk - Debt-to-equity ratio of 4.84 indicates leverage. 4) Liquidity Risk - Based on trading volume of 46,957 shares. 5) Valuation Risk - P/E of 17.66 may indicate over/undervaluation. 6) Economic Risk - Macroeconomic factors affecting the industry. Diversify your portfolio and invest only what you can afford to lose.
          Zenith Steel Pipes & Industries Ltd operates in the industry with key metrics: P/E ratio of 17.66, ROE of -4.90%, market cap of ₹75.11 crores, and dividend yield of 0.00%. To make an informed comparison, analyze these metrics against industry peers considering factors like revenue growth (N/A%), profit margins, debt levels (D/E: 4.84), and market position. Use our peer comparison tool on this page to see detailed side-by-side analysis with competitors.
          Target prices for Zenith Steel Pipes & Industries Ltd vary among analysts and depend on multiple factors including earnings projections, industry trends, and market conditions. The stock is currently trading at ₹5.59, with a 52-week range of ₹4.41 to ₹10.33. Based on fundamentals like P/E (17.66), ROE (-4.90%), and growth rates, analysts may have different target prices. Always refer to recent research reports from reputed brokerages and make decisions based on your own analysis and risk appetite.
          Consider selling Zenith Steel Pipes & Industries Ltd stock when: 1) Target Price Achieved - If the stock reaches your predetermined target from current ₹5.59. 2) Fundamental Deterioration - Declining ROE (currently -4.90%), increasing debt (D/E: 4.84), or falling growth rates. 3) Better Opportunities - Finding stocks with superior risk-reward ratios. 4) Portfolio Rebalancing - When the stock becomes overweight in your portfolio. 5) Changed Investment Thesis - If reasons for buying no longer hold. 6) Stop Loss - If price falls below your risk threshold. Always base decisions on thorough analysis rather than emotions.
          Tax implications for Zenith Steel Pipes & Industries Ltd stock investments: 1) Short-term Capital Gains (STCG) - If sold within 1 year, gains taxed at 15% plus cess. 2) Long-term Capital Gains (LTCG) - If held over 1 year, gains above ₹1 lakh taxed at 10% without indexation. 3) Dividend Income - Dividends (current yield: 0.00%) are taxable as per your income tax slab. 4) Securities Transaction Tax (STT) - Applicable on both buy and sell transactions. 5) Intraday Trading - Treated as speculative income, taxed as per slab. Tax laws change periodically, so consult a tax advisor for personalized guidance and latest regulations.