Zenith Steel Pipes & Industries Limited (BOM:531845)

India · Delayed Price · Currency is INR

5.62

+0.12 (2.18%)

At close: Jul 30, 2026

BOM:531845 Financials Overview

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	533.76	533.76	1,191	1,432	1,649	1,631
Revenue Growth	-55.18%	-55.18%	-16.85%	-13.16%	1.10%	109.47%
Gross Profit	234.62	234.62	646.07	629.87	419.87	681.53
Operating Income	-180.79	-180.79	32.65	21.2	-141.4	124.44
Net Income	43.83	43.83	2.25	-6.97	-143.84	116.28
Earnings Per Share	0.31	0.31	0.01	-0.05	-1.03	0.82
EPS Growth	2455.01%	2455.01%	-	-	-	-

Revenue by Geography

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
India	285.83	285.83	995.29	1,085	1,641	1,462
Outside India	247.93	247.93	195.64	346.88	-	169.52
Total	533.76	533.76	1,191	1,432	1,641	1,631

Cash & Debt

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Investments	15.25	15.25	29.56	4.31	52.7	19.53
Total Debt	2,202	2,202	2,152	2,152	2,193	2,275
Net Cash (Debt)	-2,187	-2,187	-2,122	-2,147	-2,141	-2,255
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-15.47	-15.47	-14.92	-15.09	-15.05	-15.85

Cash Flow & CapEx

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Cash Flow	-10.4	-10.4	62.48	47.44	179	-11.73
Capital Expenditures	-2.34	-2.34	-5.24	-13.86	-36.98	-4.38
Free Cash Flow	-12.74	-12.74	57.24	33.58	142.02	-16.11
Free Cash Flow Growth	-	-	70.45%	-76.35%	-	-

Margins

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Gross Margin	43.96%	43.96%	54.25%	43.98%	25.46%	41.78%
Operating Margin	-33.87%	-33.87%	2.74%	1.48%	-8.57%	7.63%
Pretax Margin	8.34%	8.34%	0.40%	-0.32%	-6.73%	8.66%
Profit Margin	8.21%	8.21%	0.19%	-0.49%	-8.72%	7.13%
FCF Margin	-2.39%	-2.39%	4.81%	2.34%	8.61%	-0.99%

Valuation

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul '26 Jul 31, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
PE Ratio	17.84	14.74	410.85	-	-	2.89
P/FCF Ratio	-	-	16.16	31.99	3.42	-
PS Ratio	1.50	1.21	0.78	0.75	0.29	0.21