Zenith Steel Pipes & Industries Limited

: ZENITHSTL · Iron & Steel Products

52W Range₹4 ₹10

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.

Start your research

Key Metrics

REVENUE

₹54 Cr

TTM · consolidated

-54.9%YoY

NET PROFIT

₹5 Cr

TTM · consolidated

+1963.6%YoY

EPS

₹0.32

TTM · consolidated

+700.0%YoY

RETURN ON EQUITY

-1.8%

TTM · consolidated

-1.7 ppYoY

RETURN ON CAPITAL EMPLOYED

-3.2%

TTM · consolidated

-1.9 ppYoY

P/E

17.3x

Q4 FY26 · consolidated

17.3 vs 2.6x5Y avg

EV/EBITDA

36.7x

Q4 FY26 · consolidated

36.7 vs 42.6x5Y avg

EBITDA MARGIN

14.4%

TTM · consolidated

+10.3 ppYoY

NET PROFIT MARGIN

12.3%

Q4 FY26 · consolidated

+1.1 ppYoY

DEBT TO EQUITY

-0.9x

Q4 FY26 · consolidated

-0.04xYoY

Peers · Iron & Steel Products

CompanyMkt CapP/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Zenith Steel Pipes & Industries LimitedZENITHSTL
₹76 Cr16.7838.33-54.9%14.4%-1.8%-3.2%-29.7%
Panchmahal SteelPANCHMAHQ
₹580 Cr99.7231.765.0%3.9%7.2%+13.9%
Modern MalleableMODMA
₹569 Cr29.4021.16189.2%18.2%11.8%15.1%
Azad India Mobility LimitedAZADIND
₹509 Cr3.3%-1.4%-1.3%-30.1%
SurajSURAJLTD
₹385 Cr46.4419.13-15.2%12.0%6.1%12.6%-32.1%
Shah MetacorpSHAH
₹369 Cr26.7125.4348.8%10.1%5.6%5.4%+12.3%

As of Q4 FY26

Financials