Zenith Steel Pipes & Industries Limited (IN:ZENITHSTL)
:ZENITHSTL
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Zenith Steel Pipes & Industries Limited
(ZENITHSTL)
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Rating:43Neutral
Price Target:
₹4.50
▼(-37.85% Downside)
Action:ReiteratedDate:01/23/26
The score is weighed down primarily by weak financial performance (low/negative margins and negative equity implying elevated solvency risk) and bearish technical signals (price below all key moving averages with negative MACD). Valuation is only neutral (moderate P/E and no dividend yield data), providing limited offset.
Positive Factors
Improving operating cash flow
A durable improvement in operating cash flow and free cash flow increases the company's ability to fund working capital, service debt and invest modestly without relying on new equity. Over 2-6 months this reduces immediate refinancing pressure and provides tactical flexibility for operations.
Negative Factors
Sharp revenue decline
A greater than 50% revenue decline indicates structural demand or market-share loss that materially weakens operating leverage. Persistently lower top-line undermines margin recovery, reduces cash cushions, and makes sustaining fixed costs and debt service difficult without revenue restoration.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving operating cash flow
A durable improvement in operating cash flow and free cash flow increases the company's ability to fund working capital, service debt and invest modestly without relying on new equity. Over 2-6 months this reduces immediate refinancing pressure and provides tactical flexibility for operations.
Read all positive factors
Zenith Steel Pipes & Industries Limited (ZENITHSTL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹748.40M
Dividend YieldN/A
Average Volume (3M)25.16K
Price to Earnings (P/E)18.2
Beta (1Y)1.36
Revenue Growth-36.62%
EPS Growth-37.94%
CountryIN
Employees166
SectorBasic Materials
Sector Strength58
IndustrySteel
Share Statistics
EPS (TTM)0.10
Shares Outstanding142,280,440
10 Day Avg. Volume42,357
30 Day Avg. Volume25,164
Financial Highlights & Ratios
PEG Ratio-2.41
Price to Book (P/B)-0.30
Price to Sales (P/S)0.64
P/FCF Ratio11.21
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Zenith Steel Pipes & Industries Limited Business Overview & Revenue Model
Company Description
Zenith Steel Pipes & Industries Limited manufactures and sells steel pipes in India. It offers electric resistance welded black, galvanized, and helical submerged arc welded pipes. The company's products are used for various applications, such as ...
How the Company Makes Money
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Zenith Steel Pipes & Industries Limited Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
30
Negative
Cash Flow
55
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 934.74M | 1.19B | 1.43B | 1.48B | 1.50B | 557.39M |
| Gross Profit | 446.56M | 646.26M | 246.96M | 12.00K | 448.85M | -80.38M |
| EBITDA | 89.39M | 49.13M | 50.43M | -52.05M | 237.83M | 91.74M |
| Net Income | 42.53M | 2.25M | -6.96M | -143.84M | 116.28M | -135.75M |
Balance Sheet | ||||||
| Total Assets | 1.55B | 1.59B | 1.82B | 1.69B | 1.92B | 1.36B |
| Cash, Cash Equivalents and Short-Term Investments | 12.37M | 33.34M | 4.31M | 58.79M | 19.53M | 28.73M |
| Total Debt | 2.15B | 2.15B | 2.15B | 2.20B | 2.05B | 2.06B |
| Total Liabilities | 4.06B | 4.15B | 4.39B | 4.25B | 4.34B | 3.90B |
| Stockholders Equity | -2.52B | -2.57B | -2.57B | -2.56B | -2.42B | -2.54B |
Cash Flow | ||||||
| Free Cash Flow | -43.38M | 67.90M | 33.58M | 141.90M | -16.11M | 158.29M |
| Operating Cash Flow | -41.63M | 62.48M | 47.44M | 179.00M | -11.73M | 164.42M |
| Investing Cash Flow | -3.61M | -15.61M | -24.18M | -42.87M | 87.46M | -2.74M |
| Financing Cash Flow | -11.16M | -24.44M | -71.15M | -113.38M | -74.58M | -154.52M |
Zenith Steel Pipes & Industries Limited Technical Analysis
Negative
7.24
Price Trends
5.17
Negative
6.32
Negative
7.25
Negative
Market Momentum
-0.19
Positive
42.30
Neutral
41.03
Neutral
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 7.24 is above the 20-day moving average (MA) of 5.06, above the 50-day MA of 5.17, and below the 200-day MA of 7.25, indicating a bearish trend. The MACD of -0.19 indicates Positive momentum. The RSI at 42.30 is Neutral, neither overbought nor oversold. The STOCH value of 41.03 is Neutral, 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
60 Neutral | ₹818.37M | 16.16 | ― | 0.61% | -1.81% | -45.95% | |
59 Neutral | ₹3.63B | 7.26 | ― | ― | 51.38% | -19.06% | |
57 Neutral | ₹4.34B | 15.95 | ― | ― | 0.19% | -2962.74% | |
52 Neutral | ₹1.35B | 0.90 | ― | ― | -76.23% | ― | |
51 Neutral | ₹904.55M | 20.34 | ― | 0.34% | ― | ― | |
43 Neutral | ₹748.40M | 18.23 | ― | ― | -36.62% | -37.94% |
* Basic Materials Sector Average
IN:ZENITHSTL
Zenith Steel Pipes & Industries Limited
5.26
-1.42
-21.26%
IN:HISARMETAL
Hisar Metal Industries Limited
151.55
-45.15
-22.95%
IN:JOCIL
Jocil Limited
―
―
―
IN:MANAKSIA
Manaksia Limited
55.45
-4.79
-7.95%
IN:SALSTEEL
S.A.L. Steel Ltd.
41.65
23.66
131.52%
IN:SHAHALLOYS
Shah Alloys Limited
67.98
11.25
19.83%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.