Zenith Fibres Ltd

Zenith Fibres Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Zenith Fibres Ltd

₹ 80.3 0.39%
27 Dec - close price
zenithfibres.com BSE: 514266
About

Incorporated in 1989, Zenith Fibres Ltd is in manufacturing of Manmade Fibres and power generation through Wind Turbine[1]

Key Points

Product Profile:[1]
a) PPSF in Denier ranging from 2 to 70 in Natural White/ Virgin/ Generic and Dope Dyed colours with and without Additives
b) Master batches such as UV Resistant, Flame Retardant/ Fire-Resistant (Halogen-free or brominated), Silver based Anti-microbial Master batch, etc.
c) 100% Polypropylene Spun Yarn used in weaving good quality filter fabric
d) PP Dref-2 Yarn used in manufacture of filtration candles

Website BSE
  • Market Cap ₹ 31.7 Cr.
  • Current Price ₹ 80.3
  • High / Low ₹ 117 / 64.0
  • Stock P/E 16.6
  • Book Value ₹ 143
  • Dividend Yield 1.25 %
  • ROCE 3.34 %
  • ROE 2.47 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.56 times its book value
  • Company has been maintaining a healthy dividend payout of 23.9%

Cons

  • The company has delivered a poor sales growth of 2.81% over past five years.
  • Company has a low return on equity of 4.48% over last 3 years.
  • Earnings include an other income of Rs.3.61 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Textiles Industry: Textiles - Manmade

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Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
13.37 10.11 15.50 14.70 15.23 12.29 8.36 5.59 10.58 9.15 8.81 10.31 13.28
12.75 9.60 14.92 13.68 13.36 11.88 9.07 6.33 9.74 9.13 9.39 10.18 13.14
Operating Profit 0.62 0.51 0.58 1.02 1.87 0.41 -0.71 -0.74 0.84 0.02 -0.58 0.13 0.14
OPM % 4.64% 5.04% 3.74% 6.94% 12.28% 3.34% -8.49% -13.24% 7.94% 0.22% -6.58% 1.26% 1.05%
0.48 0.48 0.26 0.48 0.52 0.55 0.67 0.52 0.65 0.85 1.03 0.80 0.93
Interest 0.03 0.02 0.03 0.01 0.03 0.02 0.04 0.01 0.00 0.02 0.02 0.02 0.01
Depreciation 0.24 0.24 0.24 0.24 0.23 0.22 0.20 0.20 0.20 0.20 0.20 0.20 0.20
Profit before tax 0.83 0.73 0.57 1.25 2.13 0.72 -0.28 -0.43 1.29 0.65 0.23 0.71 0.86
Tax % 24.10% 31.51% 19.30% 25.60% 24.88% 26.39% -21.43% -25.58% 26.36% 20.00% 26.09% 26.76% 19.77%
0.62 0.51 0.46 0.94 1.60 0.53 -0.23 -0.32 0.95 0.52 0.17 0.53 0.69
EPS in Rs 1.57 1.29 1.17 2.38 4.06 1.34 -0.58 -0.81 2.41 1.32 0.43 1.34 1.75
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
54.23 55.57 66.89 63.83 52.47 36.21 29.84 28.37 23.93 52.35 50.15 34.28 41.55
48.47 50.97 59.87 52.56 44.95 33.35 29.14 26.75 23.97 49.16 47.77 34.54 41.84
Operating Profit 5.76 4.60 7.02 11.27 7.52 2.86 0.70 1.62 -0.04 3.19 2.38 -0.26 -0.29
OPM % 10.62% 8.28% 10.49% 17.66% 14.33% 7.90% 2.35% 5.71% -0.17% 6.09% 4.75% -0.76% -0.70%
1.71 1.91 2.93 2.89 2.57 2.57 2.54 2.00 2.05 1.59 2.43 2.86 3.61
Interest 0.20 0.23 0.27 0.27 0.20 0.10 0.05 0.12 0.13 0.11 0.10 0.05 0.07
Depreciation 1.06 1.11 0.81 0.72 0.62 0.55 0.60 0.89 0.95 0.96 0.89 0.81 0.80
Profit before tax 6.21 5.17 8.87 13.17 9.27 4.78 2.59 2.61 0.93 3.71 3.82 1.74 2.45
Tax % 28.50% 34.24% 33.48% 35.54% 33.87% 33.26% 15.83% 24.14% 26.88% 24.53% 25.92% 24.14%
4.45 3.39 5.91 8.49 6.13 3.19 2.19 1.98 0.69 2.80 2.84 1.32 1.91
EPS in Rs 10.06 7.67 13.36 19.20 13.86 7.21 4.95 5.02 1.75 7.10 7.20 3.35 4.84
Dividend Payout % 22.88% 22.52% 21.53% 15.62% 14.42% 20.78% 20.18% 0.00% 0.00% 21.11% 20.81% 29.85%
Compounded Sales Growth
10 Years: -5%
5 Years: 3%
3 Years: 13%
TTM: 13%
Compounded Profit Growth
10 Years: -9%
5 Years: -1%
3 Years: 38%
TTM: 105%
Stock Price CAGR
10 Years: 4%
5 Years: 13%
3 Years: 11%
1 Year: 13%
Return on Equity
10 Years: 7%
5 Years: 4%
3 Years: 4%
Last Year: 2%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 5.09 5.09 5.09 4.42 4.42 4.42 4.42 3.94 3.94 3.94 3.94 3.94 3.94
Reserves 21.25 23.87 28.33 35.89 41.82 43.81 45.34 44.62 45.22 48.05 50.25 51.06 52.28
1.02 3.38 0.75 0.46 0.16 0.00 0.00 0.62 0.46 0.35 0.30 0.16 0.09
3.72 3.45 4.02 5.10 3.54 2.88 2.50 2.71 3.27 4.27 3.54 4.38 4.64
Total Liabilities 31.08 35.79 38.19 45.87 49.94 51.11 52.26 51.89 52.89 56.61 58.03 59.54 60.95
6.66 5.65 5.72 4.97 4.68 6.14 5.72 13.79 12.84 12.56 11.89 11.67 11.38
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 1.00 1.00 1.00 1.42 17.89 19.55 15.06 3.83 3.65 2.23 2.00 1.64 3.51
23.42 29.14 31.47 39.48 27.37 25.42 31.48 34.27 36.40 41.82 44.14 46.23 46.06
Total Assets 31.08 35.79 38.19 45.87 49.94 51.11 52.26 51.89 52.89 56.61 58.03 59.54 60.95

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3.39 -0.80 7.62 8.96 3.86 4.39 1.79 -1.34 1.69 -0.01 1.81 0.99
-0.81 1.21 0.78 1.54 -16.22 -1.10 0.85 0.82 0.71 -0.53 -0.18 2.93
-0.54 1.25 -3.49 -1.68 -2.10 -1.33 -0.85 -3.32 -0.22 -0.22 -0.81 -0.78
Net Cash Flow 2.04 1.66 4.91 8.82 -14.46 1.96 1.79 -3.84 2.17 -0.76 0.82 3.15

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 26.32 49.00 24.39 22.13 38.26 12.50 9.66 35.64 27.61 33.68 12.15 20.87
Inventory Days 43.72 46.21 37.69 42.80 46.85 88.29 73.86 85.35 76.73 35.11 47.65 92.82
Days Payable 6.36 6.85 5.98 8.17 13.60 2.40 5.50 6.50 4.55 8.68 6.96 20.19
Cash Conversion Cycle 63.68 88.36 56.10 56.76 71.51 98.38 78.03 114.49 99.79 60.11 52.84 93.51
Working Capital Days 44.09 71.73 47.47 38.20 65.60 66.93 160.24 258.34 303.23 176.12 169.95 196.66
ROCE % 25.42% 18.09% 25.65% 36.06% 21.70% 10.25% 3.27% 5.11% 1.66% 7.59% 7.49% 3.34%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
46.25% 46.25% 46.25% 46.28% 46.35% 46.35% 46.36% 46.36% 46.36% 46.36% 46.86% 46.86%
0.11% 0.11% 0.11% 0.11% 0.11% 0.11% 0.11% 0.11% 0.11% 0.11% 0.11% 0.11%
53.64% 53.64% 53.64% 53.60% 53.54% 53.54% 53.52% 53.52% 53.54% 53.52% 53.03% 53.04%
No. of Shareholders 3,7973,8273,8594,0134,1554,0584,0474,0793,9644,3284,3004,564

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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