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Zenith Steel

  • Market Cap: Micro Cap
  • Industry: Steel/Sponge Iron/Pig Iron
  • ISIN: INE318D01020
  • NSEID: ZENITHSTL
  • BSEID: 531845
INR
6.66
-0.03 (-0.45%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 63.06 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendation52-Week Low: Rs.5.71 hit today
stock-summaryPrice Point
High/Low

1Day

5.717.20

52 Week

5.7115.45
Valuation
Technical
Day's Volume

CASH

63.06 k (-39.11%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

0.08%

Held by 2 DIIs

Promoter

15.64%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

With a Negative Book Value, the company has a Weak Long Term Fundamental Strength

  • Poor long term growth as Net Sales has grown by an annual rate of 2.01% and Operating profit at 0% over the last 5 years
  • High Debt Company with a Debt to Equity ratio (avg) at 0 times
2

Flat results in Dec 24

3

Stock is technically in a Mildly Bearish range

4

Risky - Negative Book Value

5

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Steel/Sponge Iron/Pig Iron

stock-summary
Market cap

INR 95 Cr (Micro Cap)

stock-summary
P/E

13.00

stock-summary
Industry P/E

29

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.82

stock-summary
Return on Equity

-2.72%

stock-summary
Price to Book

-0.37

Revenue and Profits (1 Year):
Net Sales:
36 Cr
(Quarterly Results - Dec 2024)
Net Profit:
0 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-30.26%
0%
-30.26%
1 Year
-25.17%
0%
-25.17%
2 Years
44.47%
0%
44.47%
3 Years
103.67%
0%
103.67%
4 Years
851.43%
0%
851.43%
5 Years
1485.71%
0%
1485.71%

Latest dividend: 0.6 per share ex-dividend date: Jul-07-2010

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
2.01%
EBIT Growth (5y)
15.05%
EBIT to Interest (avg)
0
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0.20%
Institutional Holding
0.08%
ROCE (avg)
-145.68%
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
13
Industry P/E
29
Price to Book Value
-0.37
EV to EBIT
209.85
EV to EBITDA
88.14
EV to Capital Employed
-6.71
EV to Sales
2.25
PEG Ratio
0.07
Dividend Yield
NA
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
Negative BV
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bullish
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

0.2022

Mutual Funds

Held by 4 Schemes (0.0%)

FIIs

Held by 0 FIIs

Promoter with highest holding

Birla Bombay Private Limited (5.74%)

Highest Public shareholder

Hitesh Ramji Javeri (5.27%)

Individual Investors Holdings

69.57%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -22.14% vs 84.17% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 70.15% vs 2.90% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "35.69",
          "val2": "45.84",
          "chgp": "-22.14%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.01",
          "val2": "0.64",
          "chgp": "-98.44%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.63",
          "val2": "0.74",
          "chgp": "-14.86%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.03",
          "val2": "-0.07",
          "chgp": "57.14%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-0.20",
          "val2": "-0.67",
          "chgp": "70.15%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.03%",
          "val2": "1.40%",
          "chgp": "-1.37%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 12.35% vs -52.38% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 76.16% vs 29.03% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "58.58",
          "val2": "52.14",
          "chgp": "12.35%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-3.23",
          "val2": "-7.60",
          "chgp": "57.50%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.23",
          "val2": "1.45",
          "chgp": "-15.17%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.03",
          "val2": "-0.08",
          "chgp": "62.50%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-2.36",
          "val2": "-9.90",
          "chgp": "76.16%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-5.51%",
          "val2": "-14.58%",
          "chgp": "9.07%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -3.79% vs -27.09% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 75.78% vs 27.80% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "94.27",
          "val2": "97.98",
          "chgp": "-3.79%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-3.22",
          "val2": "-6.96",
          "chgp": "53.74%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.86",
          "val2": "2.19",
          "chgp": "-15.07%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.06",
          "val2": "-0.15",
          "chgp": "60.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-2.56",
          "val2": "-10.57",
          "chgp": "75.78%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-3.42%",
          "val2": "-7.10%",
          "chgp": "3.68%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -13.16% vs 1.10% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 95.13% vs -223.65% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "143.22",
          "val2": "164.92",
          "chgp": "-13.16%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-0.26",
          "val2": "-12.48",
          "chgp": "97.92%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.92",
          "val2": "3.48",
          "chgp": "-16.09%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.23",
          "val2": "-3.04",
          "chgp": "92.43%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-0.70",
          "val2": "-14.38",
          "chgp": "95.13%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-0.18%",
          "val2": "-7.57%",
          "chgp": "7.39%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
35.69
45.84
-22.14%
Operating Profit (PBDIT) excl Other Income
0.01
0.64
-98.44%
Interest
0.63
0.74
-14.86%
Exceptional Items
-0.03
-0.07
57.14%
Consolidate Net Profit
-0.20
-0.67
70.15%
Operating Profit Margin (Excl OI)
0.03%
1.40%
-1.37%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is -22.14% vs 84.17% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is 70.15% vs 2.90% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
58.58
52.14
12.35%
Operating Profit (PBDIT) excl Other Income
-3.23
-7.60
57.50%
Interest
1.23
1.45
-15.17%
Exceptional Items
-0.03
-0.08
62.50%
Consolidate Net Profit
-2.36
-9.90
76.16%
Operating Profit Margin (Excl OI)
-5.51%
-14.58%
9.07%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 12.35% vs -52.38% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 76.16% vs 29.03% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
94.27
97.98
-3.79%
Operating Profit (PBDIT) excl Other Income
-3.22
-6.96
53.74%
Interest
1.86
2.19
-15.07%
Exceptional Items
-0.06
-0.15
60.00%
Consolidate Net Profit
-2.56
-10.57
75.78%
Operating Profit Margin (Excl OI)
-3.42%
-7.10%
3.68%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -3.79% vs -27.09% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 75.78% vs 27.80% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
143.22
164.92
-13.16%
Operating Profit (PBDIT) excl Other Income
-0.26
-12.48
97.92%
Interest
2.92
3.48
-16.09%
Exceptional Items
-0.23
-3.04
92.43%
Consolidate Net Profit
-0.70
-14.38
95.13%
Operating Profit Margin (Excl OI)
-0.18%
-7.57%
7.39%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -13.16% vs 1.10% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 95.13% vs -223.65% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Zenith Steel Pipes & Industries Ltd stock-summary
stock-summary
Zenith Steel Pipes & Industries Ltd
Micro Cap
Steel/Sponge Iron/Pig Iron
Zenith Steel Pipes & Industries Limited was formerly incorporated as 'Zenith Limited' on August 5, 1960. The Company changed the name from 'Zenith Limited' to 'Zenith Birla (India) Limited' on October 18, 2005 and thereafter, the name was changed to 'Zenith Steel Pipes & Industries Limited' on February 12, 2020. The Company is a leading manufacturer of Steel Pipes in India. It is engaged in the manufacturing and selling of ERW And SAW Pipes.
Company Coordinates stock-summary
Company Details
5th Floor Industry House, 159 Churchgate Reclamation Mumbai Maharashtra : 400020
stock-summary
Tel: 91-022-66168400
stock-summary
http://www.zenithsteelpipes.com
stock-summary
zenith@zenithsteelpipes.com
Registrar Details
Bigshare Services Pvt Ltd , E-2 , Ansa Industrial Estate, Saki Vihar Road, Saki Naka, Andheri (E), Mumbai
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