Zenith Steel Pipes & Industries Ltd
Incorporated 1960, Zenith Steel Pipes & Industries Ltd does manufacturing and selling of ERW And SAW Pipes[1]
- Market Cap ₹ 173 Cr.
- Current Price ₹ 12.1
- High / Low ₹ 12.1 / 3.75
- Stock P/E
- Book Value ₹ -17.6
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 15.6%
- Contingent liabilities of Rs.52.5 Cr.
- Earnings include an other income of Rs.5.07 Cr.
- Debtor days have increased from 105 to 142 days.
* 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: Steel Industry: Steel - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
273 | 144 | 66 | 75 | 86 | 129 | 139 | 62 | 65 | 146 | 164 | 143 | |
297 | 276 | 125 | 112 | 107 | 171 | 250 | 86 | 69 | 143 | 162 | 143 | |
Operating Profit | -24 | -132 | -59 | -37 | -21 | -43 | -111 | -25 | -4 | 3 | 2 | -0 |
OPM % | -9% | -92% | -89% | -49% | -24% | -33% | -80% | -40% | -6% | 2% | 1% | -0% |
19 | -40 | 2 | 22 | 0 | 16 | 5 | 6 | -11 | 7 | 4 | 5 | |
Interest | 35 | 21 | 9 | 10 | 7 | 7 | 7 | 4 | 3 | 7 | 3 | 3 |
Depreciation | 5 | 7 | 6 | 6 | 6 | 7 | 6 | 6 | 3 | 3 | 2 | 3 |
Profit before tax | -45 | -200 | -73 | -31 | -34 | -41 | -119 | -28 | -21 | 2 | 0 | -1 |
Tax % | -0% | 0% | 0% | -5% | 0% | 0% | 0% | 0% | 0% | 106% | 0% | 0% |
-45 | -200 | -73 | -33 | -34 | -41 | -119 | -28 | -21 | -0 | 0 | -1 | |
EPS in Rs | -3.40 | -15.22 | -5.54 | -2.48 | -2.60 | -3.13 | -9.09 | -2.13 | -1.47 | -0.01 | 0.02 | -0.05 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 0% |
5 Years: | 1% |
3 Years: | 30% |
TTM: | -13% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | 15% |
3 Years: | 24% |
TTM: | -242% |
Stock Price CAGR | |
---|---|
10 Years: | 21% |
5 Years: | 93% |
3 Years: | 138% |
1 Year: | 200% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 131 | 131 | 131 | 131 | 131 | 131 | 131 | 131 | 142 | 142 | 142 | 142 |
Reserves | 124 | -71 | -143 | -176 | -210 | -250 | -363 | -372 | -393 | -393 | -392 | -393 |
236 | 281 | 277 | 286 | 295 | 291 | 278 | 242 | 224 | 224 | 215 | 211 | |
248 | 143 | 106 | 110 | 129 | 169 | 188 | 163 | 145 | 191 | 200 | 218 | |
Total Liabilities | 740 | 485 | 371 | 351 | 345 | 340 | 235 | 164 | 119 | 164 | 166 | 179 |
108 | 104 | 97 | 97 | 92 | 80 | 75 | 66 | 48 | 44 | 45 | 44 | |
CWIP | 20 | 22 | 17 | 13 | 13 | 13 | 14 | 0 | 0 | 0 | 1 | 1 |
Investments | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 0 | 0 | 0 | 0 |
609 | 356 | 254 | 238 | 237 | 245 | 143 | 96 | 71 | 120 | 120 | 134 | |
Total Assets | 740 | 485 | 371 | 351 | 345 | 340 | 235 | 164 | 119 | 164 | 166 | 179 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-22 | -80 | -31 | -0 | 7 | 1 | 21 | 26 | 15 | -2 | 18 | 5 | |
-12 | -11 | 47 | 7 | -2 | 5 | -0 | 14 | -1 | 8 | -3 | -2 | |
35 | 12 | -16 | -4 | -6 | -7 | -20 | -40 | -13 | -7 | -11 | -7 | |
Net Cash Flow | 1 | -78 | -1 | 3 | -1 | -1 | 0 | -1 | 1 | -1 | 4 | -5 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 78 | 71 | 76 | 71 | 126 | 88 | 98 | 61 | 32 | 74 | 97 | 142 |
Inventory Days | 161 | 24 | 105 | 110 | 65 | 11 | 4 | 69 | 107 | 112 | 66 | 91 |
Days Payable | 216 | 127 | 240 | 186 | 288 | 245 | 336 | 713 | 306 | 300 | 276 | 390 |
Cash Conversion Cycle | 22 | -32 | -59 | -4 | -97 | -146 | -234 | -583 | -167 | -114 | -113 | -157 |
Working Capital Days | 297 | 469 | 625 | 411 | 364 | 165 | -163 | -498 | -387 | -163 | -174 | -259 |
ROCE % | -2% | -30% | -19% | -8% | -12% | -17% | -97% | -101% |
Documents
Announcements
- Closure of Trading Window 2h
- Appointment of Company Secretary and Compliance Officer 3 Jun
- Announcement under Regulation 30 (LODR)-Newspaper Publication 30 May
- Compliances-Reg.24(A)-Annual Secretarial Compliance 30 May
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
28 May - Resignation of Ms. Sonal Solanki from the post of Company Secretary and Compliance officer
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1]
Company is a manufacturer and supplier of ERW Black and Hot Galvanized pipes of Diameters from ½ inch to 20 inch, and Spirally Welded Pipes (HSAW) from 18 inch to 100 inch OD (457 mm to 2540 mm OD) which is used in the bulk transportation of water