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Zenith Steel Pipes share price

Zenith Steel Pipes & Industries Ltd.

NSE: ZENITHSTL BSE: 531845 SECTOR: Steel & Iron Products  41k   64   8

13.36
+0.63 (4.95%)
BSE: 02 Jul 04:01 PM

Price Summary

Today's High

₹ 13.36

Today's Low

₹ 13.01

52 Week High

₹ 12.73

52 Week Low

₹ 3.75

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

190.09 Cr.

Enterprise Value

399.72 Cr.

No. of Shares

14.23 Cr.

P/E

0

P/B

0

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  -17.6

CASH

5.86 Cr.

DEBT

215.49 Cr.

Promoter Holding

15.64 %

EPS (TTM)

₹  -0.03

Sales Growth

12.24%

ROE

0 %

ROCE

0%

Profit Growth

377.36 %

* 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 Year12.24%
3 Year38.58%
5 Year5%

Profit Growth

1 Year450.16%
3 Year26.24%
5 Year14.96%

ROE%

1 Year0%
3 Year0%
5 Year0%

ROCE %

1 Year0%
3 Year0%
5 Year-40.87%

Debt/Equity

-0.8618

Price to Cash Flow

10.72

Interest Cover Ratio

2.13574304769095

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 15.64 0.2
Dec 2023 15.64 0
Sep 2023 15.64 0.2
Jun 2023 15.64 0.2
Mar 2023 15.64 0.2
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 28.6452372208164% for the Past 3 years.
  • The company has shown a good revenue growth of 38.5802302893802% for the Past 3 years.
  • The company has an efficient Cash Conversion Cycle of -120.848485946581 days.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 7.37401417294514.

 Limitations

  • Company has a poor ROE of 0% over the past 3 years.
  • Promoter pledging has increased from 0% to 0.2% in 1 quarter.
  • Company has a poor ROCE of 0% over the past 3 years
  • Company has contingent liabilities of 52.456 Cr.
  • Tax rate is low at 0.
  • The company has a low EBITDA margin of -24.5671359622667% over the past 5 years.
  • The company has negative book value.
  • The company is trading at a high EV/EBITDA of 78.9384.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 30.57 24.4 27.74 45.84 43.06
Total Expenditure 28.18 25.47 28.42 45.28 42.09
Operating Profit 2.39 -1.07 -0.68 0.56 0.96
Other Income 0.19 0.16 0.42 0.18 4.55
Interest 0.98 0.72 0.73 0.74 0.73
Depreciation 0.64 0.67 0.67 0.67 0.57
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.96 -2.31 -1.66 -0.68 4.21
Tax 0 0 0 0 0
Profit After Tax 0.96 -2.31 -1.66 -0.68 4.21
Adjusted EPS (Rs) 0.07 -0.16 -0.12 -0.05 0.3

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 138.95 61.64 64.75 146.17 164.06
Total Expenditure 249.99 86.41 68.88 142.79 161.88
Operating Profit -111.04 -24.77 -4.13 3.38 2.17
Other Income 11.13 6.35 5.46 0.42 7.07
Interest 6.8 3.92 3 6.58 3.18
Depreciation 6.01 5.64 2.84 2.67 2.45
Exceptional Items -6.59 0 0 7.86 0
Profit Before Tax -119.31 -27.98 -4.51 2.41 3.61
Tax 0 0 0 1.65 0
Net Profit -119.31 -27.98 -20.94 -0.1 0.33
Adjusted EPS (Rs.) -9.09 -2.13 -0.32 0.05 0.25

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 131.28 131.28 142.28 142.28 142.28
Total Reserves -362.59 -371.7 -392.73 -392.75 -392.32
Borrowings 9.62 8.93 3.14 7.02 3.17
Other N/C liabilities 11.56 11.04 10.61 11.27 10.48
Current liabilities 444.72 384.52 355.58 396.43 401.91
Total Liabilities 234.59 164.08 118.88 164.25 165.52
Assets
Net Block 74.55 65.87 48.03 44.38 44.64
Capital WIP 14.44 0 0 0 0.99
Intangible WIP 0 0 0 0 0
Investments 2.61 2.61 0.02 0.02 0.02
Loans & Advances 3.63 3.62 1.75 2.28 2.74
Other N/C Assets 0 0 0 0 0
Current Assets 139.37 91.99 69.08 117.57 117.13
Total Assets 234.59 164.08 118.88 164.25 165.52
* 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 -112.72 -27.98 -20.94 1.56 0.33
Adjustment 13.11 31.77 21.31 1.33 5.61
Changes in Assets & Liabilities 120.6 22.32 14.19 0.29 10.48
Tax Paid -0.26 -0.57 -0.02 -4.83 1.31
Operating Cash Flow 20.73 25.54 14.54 -1.66 17.74
Investing Cash Flow -0.11 14.29 -0.27 8.75 -3.7
Financing Cash Flow -20.47 -40.15 -13.33 -7.19 -11.35
Net Cash Flow 0.15 -0.33 0.94 -0.11 2.69

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 15.64 15.64 15.64 15.64 15.64
asian distributors privat... 0.10 0.10 0.10 0.10 0.10
birla bombay private limi... 5.74 5.74 5.74 5.74 5.74
birla edutech 2.81 2.81 2.81 2.81 2.81
birla industries group ch... 0.01 0.01 0.01 0.01 0.01
birla precision technolog... 4.92 4.92 4.92 4.92 4.92
m/s birla international p... 0.03 0.03 0.03 0.03 0.03
matri seva sadan charity ... 0.02 0.05 0.02 0.02 0.02
nirved traders pvt ltd 1.93 1.93 1.93 1.93 1.93
shearson investments & tr... 0.02 0.02 0.02 0.02 0.02
yash society 0.05 0.02 0.05 0.05 0.05
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 84.36 84.36 84.36 84.36 84.36
amarjeetsingh harbhajan r... 5.17 5.17 5.17 5.17 5.17
birla infrastructure limi... 1.01 1.01 1.01 1.01 1.01
endogram leasing and trad... 2.76 2.76 2.76 2.76 2.76
harsha hitesh javeri 1.76 1.76 1.76 1.76 1.76
hitesh ramji javeri 5.27 5.27 5.27 5.27 5.27
investor education and pr... 0.48 - 0.48 0.48 0.48
magesh . - 1.06 1.06 - 1.06
mukesh . - - 1.41 - 1.54
new agro warehousing priv... 2.66 2.66 2.66 2.66 2.66
overskud multi asset mana... 1.83 1.83 1.83 1.83 1.86
sunil talwar 1.86 1.86 1.86 1.86 1.86
thiagarajan aravamudan 1.07 1.07 1.07 1.07 1.07
magesh 1.06 - - 1.06 -
mukesh - 1.16 - 1.53 -
sanjay puranlal agrawal 1.19 1.19 1.19 1.19 -
vss metals private ltd - - 1.21 1.21 -
investor education and pr... - 0.48 - - -
vss metals private limite... 1.21 1.21 - - -

Annual Reports

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

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Zenith Steel Pipes stock price today is Rs 13.36. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Zenith Steel Pipes . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Zenith Steel Pipes has a PE ratio of -432.362459546926 which is low and comparatively undervalued .

  • Share Price: - The current share price of Zenith Steel Pipes is Rs 13.36. One can use valuation calculators of ticker to know if Zenith Steel Pipes 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 Steel Pipes has ROA of 2.18955879507857 % 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 Steel Pipes has a Current ratio of 0.291436638670182 .

  • 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 Steel Pipes has a ROE of 0 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Zenith Steel Pipes has a Debt to Equity ratio of -0.8618 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Zenith Steel Pipes has reported revenue growth of 12.2381346904959 % 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 Steel Pipes for the current financial year is 1.32467043245626 %.

  • 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 Steel Pipes is Rs 0 and the yield is 0 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Zenith Steel Pipes is Rs -0.0309 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Zenith Steel Pipes in Ticker for free. Also, one can get the intrinsic value of Zenith Steel Pipes by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Zenith Steel Pipes
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