Zenith Steel Pipes & Industries Ltd (ZENITHSTL) — shareholding pattern, promoter holding, financials and share price
About Zenith Steel Pipes & Industries Ltd (ZENITHSTL)
Zenith Steel Pipes & Industries Ltd operates in the Iron & Steel Products industry, within the Capital Goods sector. It trades on the NSE as ZENITHSTL and on the BSE under scrip code 531845. Its ISIN is INE318D01020.
Incorporated 1960, Zenith Steel Pipes & Industries Ltd does manufacturing and selling of ERW And SAW Pipes [1]
Zenith Steel Pipes & Industries Limited is a leading Indian manufacturer specializing in ERW and SAW pipes.
The company has a strong historical connection starting as a Birla-promoted entity in 1960.
Listed peers in Iron & Steel Products: Sarthak Metals Ltd, Hisar Metal Industries Ltd, Alliance Integrated Metaliks Ltd, Sharda Ispat Ltd, Garg Furnace Ltd, Prakash Steelage Ltd.
Valuation & Returns
10 Jul 2026At ₹5.64 a share on 10 Jul 2026, Zenith Steel Pipes & Industries Ltd (ZENITHSTL) was valued at a price-to-earnings ratio of 17.44x against an industry P/E of 37x. Solomo computes return on equity of -1.26% and return on capital employed of -19.57% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 17.44x
- Industry P/E
- 37x
- EPS (TTM)
- ₹0.32
- Book value / share
- ₹-18.05
- ROE
- -1.26%
- ROCE
- -19.57%
- ROA
- 2.9%
- Debt / equity
- -0.88x
- Dividend yield
- 0%
- EBITDA margin
- 16.66%
- 52-week range
- ₹4.39 – ₹10.27
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Zenith Steel Pipes & Industries Ltd (ZENITHSTL) reported revenue of ₹53.38 crore, net profit of ₹4.38 crore and earnings per share of ₹0.31. That compares with revenue of ₹119.09 crore and net profit of ₹0.23 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹11.29 crore and net profit ₹1.39 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 163.12 | 164.92 | 143.22 | 119.09 | 53.38 |
| Net profit (₹ cr) | 11.63 | -14.38 | -0.7 | 0.23 | 4.38 |
| EPS (₹) | 0.82 | -1.01 | -0.05 | 0.02 | 0.31 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 4.39% | 14.08% | -6.60% | -16.85% |
| Profit growth | - | - | -14.11% | 132.86% |
| Stock price CAGR | 23% | 36% | 12% | -33% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 15.64% of Zenith Steel Pipes & Industries Ltd (ZENITHSTL) (unchanged from the previous quarter) and domestic institutional investors (DII) hold 0.02%. Promoters have pledged 0.2% of their holding. Market capitalisation was ₹80 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2001.
Largest disclosed public shareholders in Jun 2026: HITESH RAMJI JAVERI 5.48%, MAGESH . 2.67%, NEW AGRO WAREHOUSING PRIVATE LIMITED 2.66%, OVERSKUD MULTI ASSET MANAGEMENT PRIVATE LIMITED 1.77%, HARSHA HITESH JAVERI 1.76%, SURINDER SINGH HARBHAJAN SINGH RAJPAL 1.72%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 15.64% | 0.2% | - | 0.02% | 84.36% |
| Mar 2026 | 15.64% | 0.2% | - | 0.02% | 84.36% |
| Dec 2025 | 15.64% | 0.2% | - | 0.02% | 84.36% |
| Sep 2025 | 15.64% | 0.2% | - | 0.02% | 84.36% |
| Jun 2025 | 15.64% | 0.2% | - | 0.02% | 84.36% |
| Mar 2025 | 15.64% | 0.2% | - | 0.02% | 84.36% |
| Dec 2024 | 15.64% | 0.2% | - | 0.08% | 84.36% |
| Sep 2024 | 15.64% | 0.2% | - | 0.08% | 84.36% |