Zenith Steel Pipes & Industries financials

·Capital Goods & DefenceChart ›
Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹7.2cr−62.1% on Q1 FY26
Net profit
₹0.4cr−54.2% on Q1 FY26
EBITDA margin
−1.7%+21.9 pts on Q1 FY26
EPS
₹0.03−57.1% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue7.218.9−62.1%
EBITDA−0.1−4.4—
EBITDA margin−1.7%−23.5%+21.9 pts
Profit before tax0.51.0−53.3%
Net profit0.41.0−54.2%
EPS₹0.03₹0.07−57.1%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹7.2 crNet profit₹0.4 crNet margin6.1%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
71.1————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
1.11.13.00.45.3
220220215215220
290————
41.953.4119143165
—−55.2%−16.8%−13.2%—
−11.8−16.2−5.3−0.3−12.5
−28.1%−30.4%−4.4%−0.2%−7.6%
−13.7−18.2−7.2−2.8−14.9
4.04.40.2−0.7−14.4
9.6%8.2%0.2%−0.5%−8.7%
₹0.28₹0.31₹0.02−₹0.05−₹1.01
—+1,847.1%+132.3%+95.2%—
—−1.07.34.717.3
—−0.2−0.5−1.4−3.7
−1.3−1.36.83.413.6
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

ZENITHSTL₹5.00

Zenith Steel Pipes & Industries Limited

· Capital Goods & Defence
₹ CrorePeersHISARMETALPRAKASHSTLSMLTMWLINCREDIBLESHAHALLOYSRUDRAVSTLMcap ₹71.1 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————71.1
- Cash, Equiv & ST Investments5.30.43.01.11.1
+ Total Debt219.6215.2215.1220.2220.2
Enterprise Value————290.3
Revenue164.9143.2119.153.441.9
Growth %, YoY—-13.2-16.8-55.2—
EBITDA-12.5-0.3-5.3-16.2-11.8
Margin %-7.57-0.18-4.41-30.44-28.08
EBIT-14.9-2.8-7.2-18.2-13.7
Net Income-14.4-0.70.24.44.0
Margin %-8.72-0.490.198.219.58
EPS, Adj (current shares)-1.01-0.050.020.310.28
Growth %, YoY—+95.2+132.3+1,847.1—
Cash from Operations17.34.77.3-1.0—
Capital Expenditures-3.7-1.4-0.5-0.2—
Free Cash Flow13.63.46.8-1.3-1.3
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Zenith Steel Pipes & Industries financials and key ratios

Prices at the 30 October 2026 close · figures from the company's filings with NSE

Zenith Steel Pipes & Industries (NSE: ZENITHSTL) had a market capitalisation of ₹70.4 crore at the 30 October 2026 close (₹4.95 a share) and a PE ratio of 17.5 on the last four quarters' profit. In FY26 its consolidated net profit was ₹4.4 crore on revenue of ₹53.4 crore; in Q1 FY27 (April–June 2026) it was ₹44 lakh, down 54.2% year on year. Its net worth was negative (−₹249 crore) on 31 March 2026, with borrowings of ₹220 crore. Promoters held 15.64% of the shares on 30 September 2026.

Share price used
₹4.95 · 30 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

Zenith Steel Pipes & Industries at a glance · consolidated

Market cap
₹70.4 Crat ₹4.95 · 30 Oct close
PE ratio (last 4 quarters)
17.516.1 on FY26 profit
Net worth
−₹249 Crnegative equity · 31 March 2026
Promoter holding
15.64%unchanged vs 30 Jun 202630 September 2026
Free cash flow (FY26)
−₹1.3 Cr
EPS (FY26)
₹0.31

Questions

What is the Zenith Steel Pipes & Industries PE ratio today?

Zenith Steel Pipes & Industries' PE ratio is 17.5 at the 30 October 2026 close (₹4.95 a share): a market capitalisation of ₹70.4 crore divided by consolidated net profit of ₹4 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹4.4 crore) it is 16.1. These four quarters include net exceptional items of ₹1.3 crore (one-off gains reported separately), so the ratio on recurring profit would differ.

What is the Zenith Steel Pipes & Industries net worth?

Zenith Steel Pipes & Industries' net worth was negative on 31 March 2026: shareholders' equity of −₹249 crore in its consolidated balance sheet, meaning accumulated losses exceed the capital put in. The market still values the company at ₹70.4 crore (market capitalisation at the 30 October 2026 close).

What is the Zenith Steel Pipes & Industries ROE and ROCE?

Zenith Steel Pipes & Industries' return on equity is not meaningful for FY26: shareholders' equity was negative (−₹249 crore on 31 March 2026), and a return on a negative base has no sign that can be read. Its return on capital employed (ROCE) was 8.5% — operating profit (EBIT) divided by average capital employed (total assets less current liabilities).

What is the Zenith Steel Pipes & Industries market cap?

Zenith Steel Pipes & Industries' market capitalisation was ₹70.4 crore at the 30 October 2026 close: 14.23 crore shares at ₹4.95 each.

Is Zenith Steel Pipes & Industries debt free?

No. Zenith Steel Pipes & Industries had borrowings of ₹220 crore on 31 March 2026 (consolidated balance sheet). Its cash and current investments were ₹1.5 crore, so its net debt was ₹219 crore.

What is the Zenith Steel Pipes & Industries EPS?

Zenith Steel Pipes & Industries' basic earnings per share (EPS) were ₹0.31 in FY26, against ₹0.02 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹0.28.

What is the Zenith Steel Pipes & Industries debt to equity ratio?

Zenith Steel Pipes & Industries' debt-to-equity ratio is not meaningful: its total equity was negative (−₹249 crore) on 31 March 2026, against borrowings of ₹220 crore. A negative equity means accumulated losses exceed the capital shareholders put in.

What is the Zenith Steel Pipes & Industries shareholding pattern?

On 30 September 2026, Zenith Steel Pipes & Industries' shares were held by promoters 15.64%, domestic institutions (DII) 0.02% (including mutual funds at 0.00%) and retail and other non-institutional investors 84.34%. Over the year, DII holding was unchanged.

What is the Zenith Steel Pipes & Industries free cash flow?

In FY26, Zenith Steel Pipes & Industries generated ₹1 crore of cash from operations and spent ₹23 lakh on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹1.3 crore. In FY25 it was ₹6.8 crore.

What is the Zenith Steel Pipes & Industries promoter holding?

Promoters held 15.64% of Zenith Steel Pipes & Industries on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

What is the Zenith Steel Pipes & Industries revenue and profit in FY26?

In FY26 (April 2025–March 2026), Zenith Steel Pipes & Industries' consolidated net profit was ₹4.4 crore, null, on revenue from operations of ₹53.4 crore (down 55.2%).

When are the Zenith Steel Pipes & Industries next results?

Zenith Steel Pipes & Industries will announce its Q2 FY27 results (July–September 2026) on Wednesday, 4 November 2026, the date of the board meeting it has notified to the exchanges.

What are the Zenith Steel Pipes & Industries latest quarterly results?

Zenith Steel Pipes & Industries' latest results are for Q1 FY27 (April–June 2026), filed on 14 August 2026: consolidated net profit ₹44 lakh, down 54.2% from ₹96 lakh in Q1 FY26; revenue from operations ₹7.2 crore, down 62.1% year on year.

How does Zenith Steel Pipes & Industries compare with its peers?

On FY26 consolidated figures, against Hisar Metal Industries, Prakash Steelage and Sarthak Metals: Zenith Steel Pipes & Industries' operating margin of −34.0% is the lowest of the four (Hisar Metal Industries 3.9%, Prakash Steelage 0.9%, Sarthak Metals 2.6%; peer average 2.5%); its revenue growth over three years of −31.3% a year is the lowest of the four (Hisar Metal Industries −1.7% a year, Prakash Steelage −1.5% a year, Sarthak Metals −22.2% a year; peer average −8.5% a year).

How does the Zenith Steel Pipes & Industries PE ratio compare with its peers?

At the 30 October 2026 closing prices, on FY26 net profit, Zenith Steel Pipes & Industries' PE ratio is 16.1, the lowest of the four: Hisar Metal Industries 23.4, Prakash Steelage 69.3 and Sarthak Metals 20.8, a peer average of 37.8. Each is the company's market capitalisation at that price divided by its FY26 net profit.

Zenith Steel Pipes & Industries vs Hisar Metal Industries: how do they compare?

In FY26, Zenith Steel Pipes & Industries earned net profit of ₹4.4 crore on revenue of ₹53.4 crore, against ₹3.4 crore on ₹262 crore for Hisar Metal Industries. Zenith Steel Pipes & Industries' operating margin was −34.0% (Hisar Metal Industries 3.9%). At the 30 October 2026 close, Zenith Steel Pipes & Industries' market capitalisation was ₹70.4 crore against ₹79.2 crore for Hisar Metal Industries, and its PE ratio on FY26 profit 16.1 against 23.4.

Where do these Zenith Steel Pipes & Industries figures come from?

From Zenith Steel Pipes & Industries' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.