Zenith Steel Pipes & Industries Limited
NSE: ZENITHSTL · Iron & Steel Products
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Snapshot
Unlock Zenith Steel Pipes & Industries Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Zenith Steel Pipes & Industries Ltd specialises in the manufacturing and supply of ERW black and hot galvanised pipes, alongside spirally welded (HSAW) pipes. These products are primarily utilised for the bulk transportation of water.
Business Model
The company generates revenue through the manufacturing and sale of industrial steel pipes catering to infrastructure and water transportation sectors. It leverages its production capabilities to supply pipes ranging from half-inch to 100-inch diameters.
- ERW Pipe Diameter Range:0.5 inch to 20 inch
- HSAW Pipe Diameter Range:18 inch to 100 inch
Growth Outlook
Growth is primarily driven by increasing demand for large-scale water transportation infrastructure projects and industrial piping requirements. The company focuses on maintaining its manufacturing capacity to serve diverse diameter specifications.
Key Risks
- Raw Material Price Volatility. Fluctuations in the cost of steel and other raw materials can significantly impact the company's operating margins.
- Cyclical Demand. The demand for steel pipes is highly dependent on the cyclical nature of infrastructure and industrial capital expenditure.
- Competitive Pressure. The steel pipe manufacturing sector is highly fragmented, leading to intense price competition from both domestic and international players.
- Regulatory and Environmental Compliance. Stringent environmental regulations regarding steel manufacturing processes may lead to increased compliance costs.
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Key Metrics
REVENUE
₹54 Cr
TTM · consolidated
NET PROFIT
₹5 Cr
TTM · consolidated
EPS
₹0.32
TTM · consolidated
RETURN ON EQUITY
-1.8%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
-3.2%
TTM · consolidated
P/E
15.9x
Q4 FY26 · consolidated
EV/EBITDA
38.3x
Q4 FY26 · consolidated
EBITDA MARGIN
14.4%
TTM · consolidated
NET PROFIT MARGIN
12.3%
Q4 FY26 · consolidated
DEBT TO EQUITY
-0.9x
Q4 FY26 · consolidated
Peers · Iron & Steel Products
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Zenith Steel Pipes & Industries LimitedZENITHSTL | ₹76 Cr | 15.94 | 38.27 | -54.9% | 14.4% | -1.8% | -3.2% | -27.1% |
Azad India Mobility LimitedAZADIND | ₹441 Cr | 4297.50 | 1102.62 | — | 1.0% | 0.2% | 0.2% | -43.2% |
ManaksiaMANAKSIA | ₹438 Cr | 6.21 | 4.57 | 4.3% | 11.4% | 9.9% | 13.1% | -12.0% |
Modern MalleableMODMA | ₹397 Cr | 16.27 | 11.84 | 129.5% | 19.3% | 14.5% | 18.8% | — |
SurajSURAJLTD | ₹362 Cr | 42.81 | 18.12 | -15.2% | 12.0% | 6.1% | 12.6% | -39.7% |
Shah MetacorpSHAH | ₹321 Cr | 21.64 | 23.40 | 48.8% | 10.1% | 5.6% | 5.4% | -19.2% |
As of Q4 FY26
Financials
Zenith Steel Pipes & Industries Limited
NSE: ZENITHSTL · Iron & Steel Products
Limited coverage
We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock Zenith Steel Pipes & Industries Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Zenith Steel Pipes & Industries Ltd specialises in the manufacturing and supply of ERW black and hot galvanised pipes, alongside spirally welded (HSAW) pipes. These products are primarily utilised for the bulk transportation of water.
Business Model
The company generates revenue through the manufacturing and sale of industrial steel pipes catering to infrastructure and water transportation sectors. It leverages its production capabilities to supply pipes ranging from half-inch to 100-inch diameters.
- ERW Pipe Diameter Range:0.5 inch to 20 inch
- HSAW Pipe Diameter Range:18 inch to 100 inch
Growth Outlook
Growth is primarily driven by increasing demand for large-scale water transportation infrastructure projects and industrial piping requirements. The company focuses on maintaining its manufacturing capacity to serve diverse diameter specifications.
Key Risks
- Raw Material Price Volatility. Fluctuations in the cost of steel and other raw materials can significantly impact the company's operating margins.
- Cyclical Demand. The demand for steel pipes is highly dependent on the cyclical nature of infrastructure and industrial capital expenditure.
- Competitive Pressure. The steel pipe manufacturing sector is highly fragmented, leading to intense price competition from both domestic and international players.
- Regulatory and Environmental Compliance. Stringent environmental regulations regarding steel manufacturing processes may lead to increased compliance costs.
Start your research today
Unlock AI insights, financials, peers and live data on Zenith Steel Pipes & Industries Limited and 5,000+ companies — free.
Key Metrics
REVENUE
₹54 Cr
TTM · consolidated
NET PROFIT
₹5 Cr
TTM · consolidated
EPS
₹0.32
TTM · consolidated
RETURN ON EQUITY
-1.8%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
-3.2%
TTM · consolidated
P/E
15.9x
Q4 FY26 · consolidated
EV/EBITDA
38.3x
Q4 FY26 · consolidated
EBITDA MARGIN
14.4%
TTM · consolidated
NET PROFIT MARGIN
12.3%
Q4 FY26 · consolidated
DEBT TO EQUITY
-0.9x
Q4 FY26 · consolidated
Peers · Iron & Steel Products
As of Q4 FY26