Zenith Steel Pipes & Industries
- Market cap
- ₹ 69 Cr.
- P/E
- 26.2x
- 52-week range
- 4.41 – 9.43
- ROCE
- −128.4%
- Dividend yield
- 0%
- Sector
- Industrial Products
- Industry
- Iron & Steel Products
- Listed on
- NSE, BSE
About
Zenith Steel Pipes & Industries Limited is an India-based company that is engaged in the manufacturing and selling of electric resistance welded (ERW) and hot dip galvanized pipes. It also manufactures spirally welded pipes (HSAW) from 18 inch to 100-inch outside diameter (OD), which are used in the bulk transportation of water. Its products include ERW Black Pipes, ERW GI Pipes, and HSAW Pipes. Its products are used for various applications, such as fencing, firefighting systems, water transport distribution, sprinklers, scaffolding, energy power, and others. Its ERW pipes include black pipes and galvanized pipes. Its HSAW products include spirally welded pipes in the range of approximately 18 inches to 100 inches with a maximum wall thickness of one inch and pipe length of six meters to 13 meters as per client's requirement. Its manufacturing facilities are located at Tarapur in the western part of Maharashtra, having three tube mills with a manufacturing capacity of 72,000 MT/Annum.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Iron & Steel Products: 148 companies →Zenith Steel Pipes & Industries 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)26.2 against a typical 18.9: pricier than most peers (1st = cheapest).90th of 146
- Sales growth−62.1% against a typical +13.1% from a year earlier.110th of 117
- Profit growth−54.2% against a typical +26.2% from a year earlier.93rd of 105
- Share price, 3 months−9.7% against a typical −4.5%.93rd of 134
- Size₹ 69.2 Cr. market value against a typical ₹ 156.5 Cr. (1st = largest).86th of 135
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 13 Aug 2026 | Financial Results | To consider and approve the unaudited standalone and consolidated financial results for the period ended Jun 30, 2026 |
| 26 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 |
| 13 Aug 2025 | Financial Results | To consider and approve the standalone and consolidated financial results for the period ended Jun 30, 2025 |
| 29 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
Financials
Consolidated 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 | 28 | 46 | 43 | 29 | 30 | 36 | 25 | 19 | 14 | 9 | 11 | 7 |
| Expenses | 34 | 45 | 36 | 31 | 31 | 36 | 27 | 23 | 19 | 13 | 14 | 7 |
| Operating Profit | −7 | 1 | 7 | −3 | −1 | 0 | −2 | −4 | −5 | −4 | −3 | −0 |
| OPM % | −23.5% | 1.3% | 15.6% | −9.3% | −1.9% | 0% | −8.2% | −23.5% | −38.7% | −38.5% | −22.9% | −1.7% |
| Other Income | 0 | 0 | 4 | 2 | 1 | 1 | 6 | 7 | 7 | 6 | 5 | 2 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | −8 | −1 | 10 | −2 | −0 | −0 | 3 | 1 | 1 | 1 | 1 | 0 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | −8 | −1 | 10 | −2 | −0 | −0 | 3 | 1 | 1 | 1 | 1 | 0 |
| EPS in Rs | −0.53 | −0.05 | 0.7 | −0.13 | −0.03 | −0.01 | 0.2 | 0.07 | 0.05 | 0.1 | 0.1 | 0.03 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- −5%
- 5 Years
- −7%
- 3 Years
- −31%
- TTM
- −62%
- 10 Years
- 8%
- 5 Years
- 2%
- 3 Years
- 30%
- TTM
- −17%
- 10 Years
- 23%
- 5 Years
- 35%
- 3 Years
- 10%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- 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 Steel Pipes & Industries | ₹ 5.00 | ₹ 69 Cr. | 26.2x | — | — | — |
| Grindwell Norton | ₹ 1,858.00 | ₹ 20,572 Cr. | 56.5x | 9.3x | 17.4% | 13.6% |
| Carborundum Universal | ₹ 1,031.30 | ₹ 19,647 Cr. | 73.1x | 5.3x | 5.2% | 3.2% |
| Kajaria Ceramics | ₹ 1,137.65 | ₹ 17,896 Cr. | 38.1x | 6.5x | 16.8% | 10.2% |
| Century Plyboards (India) | ₹ 636.25 | ₹ 14,165 Cr. | 65.9x | 6.8x | 10.6% | 5% |
| Jindal SAW | ₹ 233.30 | ₹ 14,864 Cr. | 17.2x | 1.4x | — | 3.3% |
Management
- Girvanesh Balasubramanan
- Chief Financial Officer
- Uday Sawant
- Compliance Officer, Company Secretary
- Minal Umesh Pote
- Whole time Director
Prices are delayed and for information only. Nothing on this page is investment advice.