Zenith Steel Pipes & Industries Limited

Web: zenithsteelpipes.com NSE: ZENITHSTL BSE: 531845 SECTOR: Capital Goods - Industrial Products

6 0(-4%)

Volume

56k as on 22, Jun

Open

High

Low

VWAP

52 Week High

52 Week Low

Viand Research Rating

Quality Score

33/100

Growth Score

40/100

Valuation Score

50/100

Momentum Score

0/100

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

No. of Shares

14.2

P/E

123.16

P/B

-0.5

Face Value

Div. Yield

Book Value (TTM)

CASH

DEBT

EPS (TTM)

ROE

-0.41

ROCE

Profit Growth

Listing Date

30-Apr-07

Promoter Holding

15.64%

FII Holding

DII Holding

0.02%

Price Chart

Price Performance

1 Week5%

1 Month4%

3 Months18%

6 Months7%

1 Year7%

YTD7%

Moving Average

5 Day SMA6

10 Day SMA6

20 Day SMA6

30 Day SMA6

50 Day SMA6

61 Day SMA6

80 Day SMA0

200 Day SMA0

PIVOT LEVEL

	Standard	Camarilla	Fibonacci	Woodie's
Resistance 3	7	6	6	7
Resistance 2	6	6	6	6
Resistance 1	6	6	6	6
Pivot Point	6	6	6	6
Support 1	6	6	6	6
Support 2	5	6	5	5
Support 3	5	6	5	5

Competitors/Peers

#	Symbol	MCAP	LTP	1W	1M	6M	1Y	P/E	Ind PE	Debt/Eq	NP Qtr Rs.Cr.
1	HAL	3,05,236	4564	3%	1%	5%	3%	31	94	0	9116
2	BEL	2,95,132	404	1%	6%	3%	2%	49	94	0	6062
3	ABB	1,59,111	7508	4%	3%	58%	31%	93	94	0.01	1668
4	CUMMINSIND	1,54,691	5580	1%	3%	37%	54%	74	94	0	2362
5	TMCV	1,49,748	407	4%	1%	9%	23%	0	94	0.44	3030
6	POWERINDIA	1,42,877	32055	6%	13%	90%	61%	150	94	0.02	988
7	BHEL	1,42,155	408	0%	1%	66%	66%	409	94	0.31	1600
8	CGPOWER	1,39,071	883	2%	5%	59%	34%	119	94	0.01	1199
9	POLYCAB	1,34,302	8915	3%	9%	30%	32%	52	94	0.02	2708
10	SIEMENS	1,30,497	3664	2%	3%	25%	16%	66	94	0.02	2754
Load More

Shareholding Pattern (%)

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021
Promoters	(0.01) 15.64%	(0.01) 15.64%	(0.01) 15.64%	(0.01) 15.64%	(0.01) 15.64%	(0.01) 15.64%	(0.01) 15.64%	(0.01) 15.64%	(0.01) 15.64%	(0.01) 15.64%	(0.01) 15.64%	(0.01) 15.64%	(0.01) 15.64%	(0.01) 15.64%	(0.01) 15.64%	(0.01) 15.64%	(0.01) 15.64%	(0.01) 15.64%	(0.01) 15.64%
DIIs	(0.01) 0.02%	(0.01) 0.02%	(0.01) 0.02%	(0.01) 0.02%	(-0.11) 0.02%	(0.01) 0.08%	(0.01) 0.08%	(0.01) 0.08%	(0.01) 0.08%	(-0.11) 0.12%	(-0.11) 0.20%	(0.01) 0.29%	(0.01) 0.29%	(0.01) 0.29%	(0.01) 0.29%	(0.01) 0.29%	(0.01) 0.29%	(0.01) 0.29%	(0.01) 0.29%
Public	84.35%	84.34%	84.34%	84.35%	84.34%	84.29%	84.29%	84.29%	84.29%	84.23%	84.17%	84.08%	84.07%	84.08%	84.08%	84.07%	84.07%	84.07%	84.07%
No. of Shareholders	79,750	80,093	81,560	83,248	82,762	82,184	81,952	81,770	75,230	73,261	74,863	75,292	75,938	75,583	72,978	67,224	53,647	53,915	54,082

Quarterly Results

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021	Jun 2021
Sales	11.29	9.4	14.04	18.92	24.82	35.69	30.07	28.5	43.06	45.84	27.74	24.4	30.55	24.89	49.85	59.64	55.46	46.4	41.7	19.57
Sales Growth % (YoY)	-55%	-74%	-53%	-34%	-42%	-22%	8%	17%	41%	84%	-44%	-59%	-45%	-46%	20%	204.8%	104.3%	200.1%	99.8%	36%
Sales Growth % (QoQ)	20.1%	-33%	-25.8%	-23.8%	-30.5%	18.7%	5.5%	-33.8%	-6.1%	65.2%	13.7%	-20.1%	22.7%	-50.1%	-16.4%	7.5%	19.5%	11.3%	113.1%	-
Expenses	13.88	13.02	19.47	23.37	26.86	35.68	30.64	31.15	36.33	45.23	34.27	25.48	28.36	24.59	66.53	57.92	47.92	42.66	38.42	19.98
Operating Profit	-2.59	-3.62	-5.43	-4.45	-2.04	0.01	-0.57	-2.65	6.73	0.61	-6.53	-1.08	2.19	0.3	-16.68	1.72	7.54	3.74	3.28	-0.41
OPM %	-22.94	-38.51	-38.68	-23.52	-8.22	0.03	-1.9	-9.3	15.63	1.33	-23.54	-4.43	7.17	1.21	-33.46	2.88	13.6	8.06	7.87	-2.1
Other Income	5.06	6.22	7.25	6.51	5.93	0.91	1.24	1.83	4.46	0.13	0.39	0.11	-0.31	0.62	4.81	-1.09	8.73	-0.18	-0.21	0.46
Interest	0.6	0.64	0.63	0.62	0.62	0.63	0.62	0.61	0.73	0.74	0.73	0.72	0.98	1.02	1.46	0.02	0.98	0.8	4.36	0.85
Depreciation	0.48	0.49	0.47	0.49	0.49	0.49	0.49	0.48	0.57	0.67	0.67	0.67	0.64	0.59	0.62	0.6	0.6	0.59	0.45	1.02
Profit before tax	1.39	1.47	0.72	0.95	2.78	-0.2	-0.44	-1.91	9.89	-0.67	-7.54	-2.36	0.26	-0.69	-13.95	0.01	14.69	2.17	-1.74	-1.82
Tax %	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	94.83	0
Net Profit	1.39	1.47	0.72	0.96	2.78	-0.2	-0.44	-1.92	9.89	-0.67	-7.54	-2.36	0.26	-0.69	-13.96	0.01	14.69	2.16	-3.39	-1.82
Net Profit Growth % (QoQ)	-5.4%	104.2%	-25%	-65.5%	1490%	54.5%	77.1%	-119.4%	1576.1%	91.1%	-219.5%	-1007.7%	137.7%	95.1%	-139700%	-99.9%	580.1%	163.7%	-86.3%	-
Net Profit Growth % (YoY)	-50%	835%	263.6%	150%	-71.9%	70.1%	94.2%	18.6%	3703.8%	2.9%	46%	-23700%	-98.2%	-131.9%	-311.8%	100.5%	-	-	-	-
TTM Net Profit	4.54	5.93	4.26	3.1	0.22	7.33	6.86	-0.239999999999999	-0.679999999999999	-10.31	-10.33	-16.75	-14.38	0.0499999999999989	2.9	13.47	11.64	-3.05	-5.21	0
EPS in Rs	0.1	0.1	0.05	0.07	0.2	-0.01	-0.03	-0.13	0.7	-0.05	-0.53	-0.17	0.02	-0.05	-0.98	0	1.03	0.15	-0.24	-0.13

Profit and Loss

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Sales	53.38	119.09	143.22	164.92	163.12	77.87	101.38	183.63	169.65	156.92	91.49	84.02	229.36	273
Sales Growth %	-55%	-17%	-13%	1%	109%	-23%	-45%	8%	8%	72%	9%	-63%	-16.1%	-40.8%
Expenses	69.63	124.34	143.47	177.17	148.04	79.41	132.11	297.69	211.86	176.01	128.66	141.82	364.08	303
Operating Profit	-16.25	-5.25	-0.25	-12.25	15.08	-1.54	-30.73	-114.06	-42.21	-19.09	-37.17	-57.8	-134.72	-29
OPM %	-30.44	-4.41	-0.17	-7.43	9.24	-1.98	-30.31	-62.11	-24.88	-12.17	-40.63	-68.79	-58.74	-11
Other Income	25.03	9.91	5.06	3.8	7.86	-5.72	12.56	7.19	16.16	0.8	22.53	2.5	-41.18	19
Interest	2.48	2.48	2.92	3.48	6.99	3.47	4.53	7.29	7.69	8.67	10.43	9.39	21.04	35
Depreciation	1.92	1.95	2.58	2.45	2.67	2.84	5.65	6.01	7.33	6.24	6.11	6.29	6.52	5
Profit before tax	4.38	0.23	-0.69	-14.38	13.28	-13.57	-28.35	-120.17	-41.07	-33.2	-31.18	-70.98	-203.46	-51
Tax %	0	0	0	0	12.42	0	0	0	0	0	4.78	0.13	0	0
Net Profit	4.38	0.23	-0.7	-14.38	11.63	-13.58	-28.34	-120.17	-41.07	-33.2	-32.66	-71.07	-203.46	-51
Net Profit Growth %	1804.3%	132.9%	95.1%	-223.6%	185.6%	52.1%	76.4%	-192.6%	-23.7%	-1.7%	54%	65.1%	-298.9%	-
EPS in Rs	0.31	0.02	-0.05	-1.01	0.82	-0.95	-2.16	-9.15	-3.13	-2.53	-2.49	-5.41	-15.5	-3.9
Dividend Payout %	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Cash Flows

	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Cash from Operating Activity	6.25	4.74	17.9	-1.17	16.44	24.93	21.2	4.13	7.06	-5.3	-30.65	-79.16	-22
Cash from Investing Activity	-1.28	-2.47	-3.24	7.71	-0.65	14.06	-0.13	4.87	-2.47	7.37	46.51	-10.79	-12
Cash from Financing Activity	-2.44	-7.12	-11.34	-7.46	-15.45	-40.99	-20.86	-7.47	-7.05	1.31	-16.37	11.75	35
Net Cash Flow	2.53	-4.84	3.32	-0.92	0.34	-1.99	0.21	1.54	-2.46	3.38	-0.51	-78.2	1

Balance Sheet

	Mar 2026	Sep 2025	Mar 2025	Sep 2024	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Equity Capital	142.28	142.28	142.28	142	142.28	142.28	142.28	142.28	131.28	131.28	131.28	131.28	131.28	131.28	131.28	131
Reserves	-391.21	-393.82	-399.03	-402	-399.14	-398.4	-384.2	-396	-382.53	-373.06	-259.78	-219.43	-185.96	-153.3	-82.24	115
Borrowings	220.19	215.31	215.19	215	215.15	219.35	227.46	227.93	246.91	283.23	295.95	299.97	291.05	276.98	280.93	236
Other Liabilities	182.68	190.97	200.11	224	223.68	205.67	206.88	161.73	184.24	194.63	178.83	141.16	123.25	110.6	150.7	252
Total Liabilities	153.94	154.74	158.55	180	181.97	168.9	192.42	135.94	179.9	236.08	346.28	352.98	359.62	365.56	480.67	734
Fixed Assets	40.03	40.93	41.8	43	43.61	44.64	44.38	48.03	65.87	74.55	80.33	91.98	97.14	97.15	103.6	108
CWIP	1.29	1.29	1.2	1	0.82	0.99	0	0	0	14.44	12.78	12.7	13.26	17.04	22.14	20
Investments	0	0	0	0	0	0	0	0	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0
Other Assets	112.62	112.52	115.55	136	137.54	123.27	148.04	87.91	114.02	147.08	253.16	248.29	249.21	251.36	354.92	606
Total Assets	153.94	154.74	158.55	180	181.97	168.9	192.42	135.94	179.9	236.08	346.28	352.98	359.62	365.56	480.67	734

Delivery

#	Date	5 25% 7	Q/T 505	Del 71
1	22-Jul	6	819	76
2	21-Jul	5	346	60
3	20-Jul	5	839	80
4	17-Jul	6	263	84
5	16-Jul	6	172	85
6	15-Jul	5	212	91
7	14-Jul	6	246	59
8	13-Jul	6	375	85
9	10-Jul	6	204	63
10	9-Jul	6	356	74
11	8-Jul	5	181	81
12	7-Jul	6	227	66
13	6-Jul	6	313	78
14	3-Jul	6	226	87
15	2-Jul	6	205	80
16	1-Jul	6	311	83
17	30-Jun	6	251	78
18	29-Jun	6	340	77
19	25-Jun	6	425	68
20	24-Jun	6	569	68
21	23-Jun	6	275	72
22	22-Jun	6	321	70
23	19-Jun	6	466	73
24	18-Jun	6	390	84
25	17-Jun	6	450	82
26	16-Jun	6	483	73
27	15-Jun	6	600	70
28	12-Jun	6	333	85
29	11-Jun	6	471	62
30	10-Jun	6	393	58
31	9-Jun	6	488	74
32	8-Jun	6	346	57
33	5-Jun	6	228	80
34	4-Jun	6	283	73
35	3-Jun	6	666	62
36	2-Jun	6	469	50
37	1-Jun	6	353	56
38	29-May	6	313	56
39	27-May	6	504	74
40	26-May	6	678	58
41	25-May	6	734	92
42	22-May	6	320	86
43	21-May	6	342	64
44	20-May	6	493	54
45	19-May	6	283	77
46	18-May	6	283	80
47	15-May	6	274	82
48	14-May	6	615	81

Daily Market Cap

Date	Total Market Cap	Change	Chg %
23-Jul	81c	5c	5.51
22-Jul	85c	7c	9.51
21-Jul	78c	28L	0.36
17-Jul	78c	85L	1.08
16-Jul	79c	0	0
15-Jul	79c	14L	0.18
14-Jul	79c	71L	0.89
13-Jul	80c	57L	0.71
10-Jul	80c	1c	1.62
09-Jul	79c	28L	0.36
08-Jul	79c	1c	1.78
07-Jul	80c	0	0
06-Jul	80c	100L	1.23
02-Jul	81c	1c	1.43
01-Jul	80c	43L	0.53
30-Jun	80c	71L	0.89
29-Jun	80c	57L	0.71
26-Jun	80c	14L	0.18
25-Jun	80c	4c	4.41
24-Jun	84c	85L	1.03
23-Jun	83c	14L	0.17
22-Jun	83c	57L	0.68
19-Jun	84c	71L	0.84
17-Jun	85c	3c	3.13
16-Jun	82c	1c	1.54
15-Jun	83c	100L	1.18
12-Jun	84c	2c	2.60
11-Jun	82c	85L	1.03
10-Jun	83c	0	0

Stock Checklist

Price is below from 52 week high low average: 58%

Stock is trading above all short term SMAs: NO

Stock is trading above all long term SMAs: YES

Stock is Consistently Improving Long Term: NO

FII purchased in last quarter: NO

Promoters are buying the stock: NO

Mutual Fund Holdings

No mutual fund holding data available.

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