What the business is, and whether it's a good one at a fair price.
Manufactures steel pipes and related iron & steel products in the industrial and capital goods space, classified under Iron & Steel Products. FY26 revenue from operations fell 58% to Rs 4,997.31 lakhs from Rs 11,909.25 lakhs in FY25. Reported profit after tax improved to Rs 311.09 lakhs from Rs 22.51 lakhs, supported by Rs 2,379.28 lakhs in other income that included Rs 1,771.45 lakhs from write-back of old provisions and Rs 131.07 lakhs from partial recovery of a suspected Rs 758 lakh fraud involving a consultant. Capex was minimal at 0.4% of revenue. The balance sheet is under severe stress with net worth negative at Rs (24,729.30) lakhs on accumulated losses, bank accounts frozen, and lenders having initiated SARFAESI action to recover dues of Rs 19,319 lakhs. Statutory auditors issued a qualified opinion citing non-compliance with deposit rules, unreconciled balances, inventory valuation concerns, and material uncertainty about the company's ability to continue as a going concern.
Measured from the filed financials, judged against its Iron & Steel Products peers · as of FY26 — not investment advice
How has the market priced it — with filings on the timeline?
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
How does it stack up on valuation, returns and growth?
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Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Who owns it — and is the promoter stake clean?
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Answered from ZENITH STEEL PIP IND LTD's filed financials and exchange disclosures
ZENITH STEEL PIP IND LTD is a Industrial Products company listed on NSE and BSE, trading under the symbol ZENITHSTL.
Yes. Over the trailing twelve months ZENITH STEEL PIP IND LTD reported a net profit of ₹4 Cr on revenue of ₹42 Cr.
Not in the latest reported year — ZENITH STEEL PIP IND LTD's dividend payout for FY26 was nil.
Effectively yes. Debt stands at -0.88× equity.
On trailing P/E, ZENITH STEEL PIP IND LTD ranks 72 of 118 in Iron & Steel Products — cheaper than 39% of them, against an industry median of 16.2×. This is a position, not a valuation judgement.
On a typical session ZENITH STEEL PIP IND LTD moves 1.30% — that is the median absolute close-to-close move across its last 269 trading days. Announcement days are routinely larger.
Every NSE and BSE filing by ZENITH STEEL PIP IND LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.
