Zenith Exports
- Market cap
- ₹ 105 Cr.
- P/E
- 333.6x
- P/B
- 1.23x
- 52-week range
- 174 – 257.8
- ROE
- 3%
- ROCE
- 4.5%
- Dividend yield
- 0%
- Debt / equity
- 0.03
- Sector
- Consumer Durables
- Industry
- Leather And Leather Products
- Listed on
- NSE, BSE
About
Zenith Exports Limited is engaged in the business of leather goods & textile fabric. The Company has manufacturing units of textiles for the home and apparel industries and manufactures & exports leather industrial hand gloves to different countries across the world. Its segments include Silk Fabrics/Made-ups, Industrial Leather Hand Gloves/Made-ups, EOU-Silk Fabrics and Yarn. It manufactures silk and velvet fabrics. It exports Industrial leather hand gloves, silk & cotton fabrics and made-ups manufactured on handlooms and more. It is also engaged in the trading of cotton. The Company has a weaving unit, namely, ZenithTextiles, located at Nanjangud, Mysore. Another unit, namely, Zenith Spinners, is located in the village of Dholka, Ahmadabad.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Leather And Leather Products: 13 companies →Zenith Exports against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)333.6 against a typical 36.7: pricier than most peers (1st = cheapest).11th of 12
- Sales growth−24.6% against a typical +11% from a year earlier.9th of 10
- Profit growth−142.9% against a typical +28.6% from a year earlier.7th of 7
- Share price, 3 months−8.7% against a typical −8.5%.7th of 12
- Size₹ 104.5 Cr. market value against a typical ₹ 87.1 Cr. (1st = largest).5th of 12
Latest announcements
Exchange filings and their impact on the company.
- Zenith Exports paid a Rs 7.7 lakh fine after its waiver plea for a board-composition lapse was rejected.
Zenith Exports said its request to waive fines for delayed compliance with board-composition rule Regulation 17(1) was rejected, as notified on October 19, 2026. The NSE had levied Rs 6.55 lakh plus 18% GST, totalling Rs 7,72,900, for 67 days delay in the December 2025 quarter and 64 days in the March 2026 quarter. The company paid the full fine on October 23, 2026. The amount is small versus profits and has no impact on operations.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
No up-to-date rating
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]B+ ISSUER NOT COOPERATING/[ICRA]A4 ISSUER NOT COOPERATING | Stable | 25 Feb 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 25 Feb 2026 | Rating action | [ICRA]B+ ISSUER NOT COOPERATING/[ICRA]A4 ISSUER NOT COOPERATING | — | ICRA | ₹ 22 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 12 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 29 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 10 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 14 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 12 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 22 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 22 | 18 | 20 | 17 | 16 | 19 | 21 | 18 | 20 | 14 | 13 | 13 |
| Expenses | 22 | 19 | 21 | 17 | 19 | 18 | 22 | 17 | 19 | 14 | 14 | 15 |
| Operating Profit | 0 | −1 | −1 | −0 | −3 | 0 | −1 | 1 | 0 | −0 | −1 | −1 |
| OPM % | 2% | −4.7% | −6% | −1.2% | −21% | 1.8% | −5.9% | 7.2% | 1% | −1.6% | −8.7% | −9.9% |
| Other Income | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 1 | 1 | 1 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | −0 | −0 | 0 | −3 | 1 | 4 | 2 | 1 | 0 | −0 | −1 |
| Tax % | 32.9% | −16.7% | −8.7% | 36.4% | −23.4% | 26.4% | 25.2% | 27.5% | 22.9% | 46.9% | 33.3% | −24.1% |
| Net Profit | 1 | −0 | −0 | 0 | −2 | 1 | 3 | 1 | 1 | 0 | −0 | −1 |
| EPS in Rs | 0.98 | −0.37 | −0.78 | 0.26 | −3.89 | 1.24 | 5.56 | 2.59 | 1.56 | 0.32 | −0.22 | −1.11 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- −12%
- 5 Years
- 5%
- 3 Years
- 1%
- TTM
- −18%
- 10 Years
- 50%
- 5 Years
- 36%
- 3 Years
- 45%
- TTM
- 158%
- 10 Years
- 16%
- 5 Years
- 20%
- 3 Years
- 24%
- TTM
- —
- 10 Years
- −1%
- 5 Years
- 0%
- 3 Years
- 0%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Zenith Exports | ₹ 179.30 | ₹ 105 Cr. | 333.6x | 1.2x | 3% | — |
| Arvind | ₹ 482.00 | ₹ 13,095 Cr. | 32.6x | 3.4x | 10.6% | 4.6% |
| Trident | ₹ 20.48 | ₹ 10,437 Cr. | 34.5x | 2.7x | 8% | 5.6% |
| Garware Technical Fibres | ₹ 740.25 | ₹ 7,202 Cr. | 36.2x | 5.7x | 16.4% | 13.9% |
| Filatex India | ₹ 91.60 | ₹ 4,068 Cr. | 17.6x | 2.1x | 12.9% | 4.4% |
| Nitin Spinners | ₹ 602.30 | ₹ 3,386 Cr. | 17.4x | 2.1x | 12.8% | 5.5% |
Management
- Surendra Kumar Loyalka
- Chief Executive Officer, Director
- Anita Kumari Gupta
- Compliance Officer, Company Secretary
- Varun Loyalka
- Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.