Zenith Steel Pipes & Industries Limited (ZENITHSTL) AI Stock Analysis

• Market Cap: ₹1.15B
• Dividend Yield: N/A
• Average Volume (3M): 52.12K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.25
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: IN
• Employees: 166
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Steel
• EPS (TTM): 0.20
• Shares Outstanding: 142,280,440
• 10 Day Avg. Volume: 20,259
• 30 Day Avg. Volume: 52,115
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹8.00
• Price Target Upside: 0.13% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 47 Neutral
• Price Target: ₹8.00 ▲(0.13% Upside)

Zenith Steel Pipes & Industries Limited's overall stock score is primarily impacted by its financial instability, characterized by high leverage and low profitability. Technical analysis provides some positive signals, but poor valuation metrics further weigh down the score.

Zenith Steel Pipes & Industries Limited Business Overview & Revenue Model

Company Description

Zenith Steel Pipes & Industries Limited (ZENITHSTL) is a leading manufacturer and supplier of steel pipes and tubes. The company operates in the industrial sector, primarily focusing on producing a wide range of steel pipes and tubes for various applications, including construction, infrastructure, energy, and automotive industries. With a commitment to quality and innovation, Zenith Steel Pipes & Industries Limited serves both domestic and international markets, providing durable and reliable products to meet diverse customer needs.

How the Company Makes Money

Zenith Steel Pipes & Industries Limited generates revenue through the manufacturing and sale of steel pipes and tubes. Its primary revenue streams include the sale of its products to various industries such as construction, infrastructure, energy, and automotive. The company benefits from its extensive distribution network and longstanding relationships with key clients, which help to secure a steady demand for its products. Additionally, Zenith Steel Pipes & Industries Limited may engage in strategic partnerships or collaborations to enhance its market reach and operational efficiency, contributing to its overall earnings.

Zenith Steel Pipes & Industries Limited Financial Statement Overview

Summary

Zenith Steel Pipes & Industries Limited faces significant financial challenges. Despite some improvement in cash flow, the company struggles with profitability, high leverage, and negative equity, which pose substantial risks to financial stability.

Income Statement

Zenith Steel Pipes & Industries Limited has experienced declining revenue over recent years, with a significant drop in gross profit margin in the most recent year. The company reported a net profit margin of 0.19% for 2025, a slight improvement from the previous year but still indicative of low profitability. The EBIT and EBITDA margins are negative, indicating operational challenges. Despite some improvement in net income, the company struggles to maintain profitability.

Balance Sheet

The company's balance sheet reveals a high debt-to-equity ratio due to negative stockholders' equity, which poses a significant financial risk. The equity ratio is negative, highlighting the company's reliance on debt financing. This high leverage and negative equity position indicate financial instability and potential solvency issues.

Cash Flow

The cash flow statement shows a positive trend in operating cash flow, which increased in the most recent fiscal year. The free cash flow has also improved, indicating better cash management. However, the free cash flow to net income ratio suggests that cash generation is not yet robust, considering the low net income levels.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	1.19B	1.43B	1.48B	1.50B	557.39M
Gross Profit	646.26M	246.96M	12.00K	448.85M	-80.38M
EBITDA	49.13M	50.43M	-51.71M	237.83M	91.74M
Net Income	2.25M	-6.96M	-143.84M	116.28M	-135.75M
Balance Sheet
Total Assets	1.59B	1.82B	1.69B	1.92B	1.36B
Cash, Cash Equivalents and Short-Term Investments	33.34M	4.31M	58.79M	19.53M	28.73M
Total Debt	2.15B	2.15B	2.20B	2.05B	2.06B
Total Liabilities	4.15B	4.39B	4.25B	4.34B	3.90B
Stockholders Equity	-2.57B	-2.57B	-2.56B	-2.42B	-2.54B
Cash Flow
Free Cash Flow	67.90M	33.58M	141.90M	-16.84M	158.29M
Operating Cash Flow	73.14M	47.44M	179.00M	-11.73M	164.42M
Investing Cash Flow	-25.76M	-24.18M	-42.87M	87.46M	-2.74M
Financing Cash Flow	-24.94M	-71.15M	-113.38M	-74.58M	-154.52M

Zenith Steel Pipes & Industries Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 7.99
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ZENITHSTL, the sentiment is Negative. The current price of 7.99 is below the 20-day moving average (MA) of 8.40, below the 50-day MA of 8.19, and above the 200-day MA of 7.78, indicating a neutral trend. The MACD of -0.05 indicates Positive momentum. The RSI at 39.04 is Neutral, neither overbought nor oversold. The STOCH value of 10.42 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ZENITHSTL.

Zenith Steel Pipes & Industries Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HISARMETAL	63 Neutral	₹1.03B	37.55		0.50%	0.22%	-50.63%
MANAKSIA	61 Neutral	₹4.65B	8.61		10.28%	40.00%	-23.55%
ZENITHSTL	47 Neutral	₹1.15B	―		―	―	―
SALSTEEL	45 Neutral	₹1.33B	68.82		―	-5.98%	-1493.90%
Sector *	44 Neutral	AU$1.54B	-7.28	-26.52%	4.40%	-3.13%	-36.41%
SHAHALLOYS	41 Neutral	₹1.20B	―		―	-55.15%	-85.48%

Zenith Steel Pipes & Industries Limited Corporate Events

Zenith Steel Pipes Discloses Promoter Shareholding Details for FY 2025

Zenith Steel Pipes & Industries Limited has disclosed its shareholding details under Regulation 31(4) of SEBI’s Substantial Acquisition of Shares and Takeovers Regulations for the financial year ending March 31, 2025. The company reported that its promoters, led by Arun Kumar Singhi, hold 15.64% of the total shareholding, with a minor portion of shares pledged by Birla International Pvt. Ltd. This disclosure ensures transparency in the company’s ownership structure, potentially impacting investor confidence and market perception.