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Zenith Fibres share price

Zenith Fibres Ltd.

BSE: 514266 SECTOR: Textile - Manmade Fibres  8598   18   1

80.71
-1.79 (-2.17%)
BSE: 19 Apr 04:01 PM

Price Summary

Today's High

₹ 82.5

Today's Low

₹ 80.31

52 Week High

₹ 116.99

52 Week Low

₹ 60

FinStar is Suspended!

FinStar can not be assigned to this company due to its dicey outlook and insufficient data. We will update the FinStar for this company as soon as the data is updated from its end.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

31.83 Cr.

Enterprise Value

16.62 Cr.

No. of Shares

0.39 Cr.

P/E

34.64

P/B

0.58

Face Value

₹ 10

Div. Yield

1.86 %

Book Value (TTM)

₹  140.33

CASH

15.21 Cr.

DEBT

0 Cr.

Promoter Holding

46.36 %

EPS (TTM)

₹  2.33

Sales Growth

-3.03%

ROE

5.35 %

ROCE

7.39%

Profit Growth

1.53 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-3.03%
3 Year21.4%
5 Year6.99%

Profit Growth

1 Year1.53%
3 Year12.78%
5 Year-2.33%

ROE%

1 Year5.35%
3 Year4.09%
5 Year4.15%

ROCE %

1 Year7.39%
3 Year5.69%
5 Year5.61%

Debt/Equity

0

Price to Cash Flow

17.57

Interest Cover Ratio

39.8972533062055

CFO/PAT (5 Yr. Avg.)

0.376168904922306

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 46.36 0
Dec 2023 46.36 0
Sep 2023 46.36 0
Jun 2023 46.35 0
Mar 2023 46.35 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 21.4029880068021% for the Past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 39.8972533062055.
  • The company has an efficient Cash Conversion Cycle of 43.5679753516313 days.
  • Company has a healthy liquidity position with current ratio of 17.8003722477428.

 Limitations

  • Company has a poor ROE of 4.09222242065486% over the past 3 years.
  • The company has a low EBITDA margin of 3.85071616805479% over the past 5 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 12.29 8.54 5.59 10.58 9.3
Total Expenditure 11.88 9.07 6.33 9.74 9.13
Operating Profit 0.41 -0.53 -0.74 0.84 0.17
Other Income 0.55 0.48 0.52 0.65 0.7
Interest 0.02 0.04 0.02 0 0.02
Depreciation 0.22 0.2 0.2 0.2 0.2
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.73 -0.29 -0.43 1.29 0.65
Tax 0.2 -0.06 -0.11 0.34 0.13
Profit After Tax 0.53 -0.23 -0.32 0.95 0.52
Adjusted EPS (Rs) 1.34 -0.58 -0.82 2.4 1.32

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 29.84 28.37 23.93 52.35 50.76
Total Expenditure 29.15 26.75 23.98 49.23 47.98
Operating Profit 0.69 1.62 -0.05 3.11 2.78
Other Income 2.54 2 2.06 1.66 2.03
Interest 0.05 0.12 0.13 0.11 0.1
Depreciation 0.6 0.89 0.95 0.96 0.89
Exceptional Items 0 0 0 0 0
Profit Before Tax 2.59 2.61 0.93 3.7 3.82
Tax 0.4 0.63 0.25 0.91 0.99
Net Profit 2.19 1.98 0.69 2.8 2.84
Adjusted EPS (Rs.) 4.95 5.02 1.74 7.09 7.2

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 4.42 3.94 3.94 3.94 3.94
Total Reserves 45.34 44.62 45.22 48.05 50.25
Borrowings 0 0 0 0 0
Other N/C liabilities 1.3 2.17 2.32 2.41 2.36
Current liabilities 1.19 1.63 1.41 2.83 2.53
Total Liabilities 52.26 52.37 52.89 57.23 59.08
Assets
Net Block 5.72 13.79 12.84 12.56 11.89
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 15.06 3.83 3.65 2.23 2
Loans & Advances 0.26 0.07 0.07 0.06 0.06
Other N/C Assets 0 0 0.01 0.04 0.18
Current Assets 31.21 34.67 36.33 42.35 44.95
Total Assets 52.26 52.37 52.89 57.23 59.08
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 2.59 2.61 0.93 3.7 3.82
Adjustment -1.91 -1.01 -0.96 -0.61 -0.89
Changes in Assets & Liabilities 1.77 -2.51 1.87 -2.47 -0.27
Tax Paid -0.65 -0.44 -0.15 -0.63 -0.85
Operating Cash Flow 1.79 -1.34 1.69 -0.01 1.81
Investing Cash Flow 0.85 0.82 0.71 -0.53 -0.18
Financing Cash Flow -0.85 -3.32 -0.22 -0.22 -0.81
Net Cash Flow 1.79 -3.84 2.17 -0.76 0.82

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 46.35 46.35 46.36 46.36 46.36
aarti b aggarwal 0.05 0.05 0.05 0.05 0.05
alpha overseas internatio... 4.23 4.23 4.23 4.23 4.23
alpha stitch-art pvt ltd 26.41 26.41 26.41 26.41 37.82
aman rungta 0.51 0.51 0.51 0.51 0.51
essare enterprise private... - - 0.01 0.01 0.01
pinky sanjeev rungta 0.17 0.17 0.17 0.17 0.17
sanjeev rungta 0.07 0.07 0.07 0.07 0.07
south park promoters pvt ... 3.50 3.50 3.50 3.50 3.50
shark barter pvt ltd 11.41 11.41 11.41 11.41 -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 53.65 53.65 53.64 53.64 53.64
ashok maganlal shah 1.35 1.60 1.61 1.61 1.60
dheeraj kumar lohia 4.34 4.01 3.79 3.76 2.85
integrated financial serv... - 1.13 1.13 1.13 1.13
investor education and pr... 2.83 - 2.83 - 3.15
mahendra girdharilal 1.18 1.18 1.18 1.18 1.18
prateep dayashanker vyas - - - 1.03 1.03
raj kumar lohia 1.23 1.23 1.22 1.22 1.19
sujata 1.93 1.93 1.93 1.93 1.93
vinay rungta 1.25 1.25 1.25 1.27 1.27
investor education and pr... - 2.83 - 3.15 -

Annual Reports

Ratings & Research Reports

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Company Presentations

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Company News

Zenith Fibres informs about compliance certificate8 Apr 2024, 3:53PM Zenith Fibres informs about trading window closure26 Mar 2024, 2:53PM Zenith Fibres - Quaterly Results12 Feb 2024, 1:45PM Zenith Fibres - Quaterly Results12 Feb 2024, 1:45PM Zenith Fibres - Quaterly Results12 Feb 2024, 1:45PM Zenith Fibres informs about loss of share certificate3 Jan 2024, 3:17PM Zenith Fibres informs about issuance of duplicate share certificates8 Dec 2023, 5:22PM Zenith Fibres - Quaterly Results4 Nov 2023, 2:25PM Zenith Fibres - Quaterly Results4 Nov 2023, 2:25PM Zenith Fibres - Quaterly Results4 Nov 2023, 2:25PM Zenith Fibres informs about annual report2 Sep 2023, 11:25AM Zenith Fibres informs about newspaper publication 16 Aug 2023, 2:12PM Zenith Fibres - Quaterly Results12 Aug 2023, 2:28PM Zenith Fibres - Quaterly Results24 May 2023, 1:47PM Zenith Fibres - Quaterly Results24 May 2023, 1:47PM Zenith Fibres - Quaterly Results24 May 2023, 1:47PM Zenith Fibres informs about suspension of plant operations8 May 2023, 11:16AM Zenith Fibres informs about outcome of board meeting27 Jan 2023, 5:07PM Zenith Fibres - Quaterly Results27 Jan 2023, 3:01PM Zenith Fibres - Quaterly Results27 Jan 2023, 3:01PM Zenith Fibres - Quaterly Results27 Jan 2023, 3:01PM Zenith Fibres informs about loss of share certificate25 Jan 2023, 5:25PM Zenith Fibres informs about details of loss of certificate25 Nov 2022, 5:14PM Zenith Fibres - Quaterly Results7 Nov 2022, 2:52PM Zenith Fibres - Quaterly Results7 Nov 2022, 2:52PM Zenith Fibres - Quaterly Results7 Nov 2022, 2:52PM Zenith Fibres - Quaterly Results6 Aug 2022, 2:39PM Zenith Fibres - Quaterly Results6 Aug 2022, 2:39PM Zenith Fibres - Quaterly Results6 Aug 2022, 2:39PM Zenith Fibres informs about board meeting30 Jul 2022, 2:21PM Zenith Fibres informs about loss of share certificate26 Mar 2022, 4:07PM Zenith Fibres informs about loss of share certificate26 Mar 2022, 3:13PM Zenith Fibres - Quaterly Results5 Feb 2022, 1:53PM Zenith Fibres - Quaterly Results5 Feb 2022, 1:53PM Zenith Fibres - Quaterly Results5 Feb 2022, 1:53PM Zenith Fibres informs about compliances certificate10 Jan 2022, 3:16PM Zenith Fibres informs about outcome of board meeting2 Nov 2021, 4:31PM Zenith Fibres informs about loss of share certificates22 Sep 2021, 11:50AM Zenith Fibres informs about board meeting19 Jun 2021, 1:02PM Zenith Fibres board to consider dividend19 Jun 2021, 12:49PM Zenith Fibres informs about loss of share certificate 9 Feb 2021, 12:23PM Zenith Fibres board to approve unaudited financial results2 Nov 2020, 1:27PM Zenith Fibres informs about outcome of board meeting27 Jun 2020, 3:46PM

Zenith Fibres Stock Price Analysis and Quick Research Report. Is Zenith Fibres an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Zenith Fibres has a PE ratio of 34.6394849785408 which is high and comparatively overvalued .

  • Share Price: - The current share price of Zenith Fibres is Rs 80.71. One can use valuation calculators of ticker to know if Zenith Fibres share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Zenith Fibres has ROA of 4.8802967176385 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Zenith Fibres has a Current ratio of 17.8003722477428 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Zenith Fibres has a ROE of 5.34563357680181 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Zenith Fibres has a D/E ratio of 0 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Zenith Fibres has an Inventory turnover ratio of 12.8464779643431 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Zenith Fibres has reported revenue growth of -3.02667346732152 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Zenith Fibres for the current financial year is 5.4757847666138 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Zenith Fibres is Rs 1.5 and the yield is 1.8299 %.

Last Updated on:
Brief about Zenith Fibres
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