ZENITH STEEL PIP IND LTD Share Price

₹ 4.90

+₹0.08 (1.66%)

Last updated 04 Nov, 2026, 13:38 IST

NSE: ZENITHSTL

ZENITH STEEL PIP IND LTD Share Price Today

As of 4 Nov 2026, ZENITH STEEL PIP IND LTD share price is ₹4.90. The stock opened at ₹4.90, compared to its previous close of ₹4.82. During today's trading session, ZENITH STEEL PIP IND LTD share price moved in the range of ₹4.71 to ₹5.00, with an average price of ₹4.86 for the day. Looking at its last 52-week, the stock has touched a low of ₹4.41 and a high of ₹9.37. On the performance front, ZENITH STEEL PIP IND LTD share price has declined by 22.76% over the last six months and is down 45.10% on a year-on-year basis.

₹4.71

1.66% up today

₹5.00

1D LOW

1D HIGH

ZENITH STEEL PIP IND LTD Stock Insights

Latest Earning

Op Profit TrendUp by 827.08% YoY

Latest Earning

Net Profit TrendUp by 1804.35% YoY

Latest Earning

Revenue TrendDown by 41.34% QoQ

Stock Performance

UnderperformingUnderperforming Nifty by 34.56 % in last 1 yr

Shareholding Pattern

PromoterPromoter decreased stake by 0.02%

Shareholding Pattern

DIIDII increased stake by 10.50%

ZENITH STEEL PIP IND LTD Stock Insights

Latest Earning

Op Profit TrendUp by 827.08% YoY

Latest Earning

Net Profit TrendUp by 1804.35% YoY

Latest Earning

Revenue TrendDown by 41.34% QoQ

Stock Performance

UnderperformingUnderperforming Nifty by 34.56 % in last 1 yr

Shareholding Pattern

PromoterPromoter decreased stake by 0.02%

Shareholding Pattern

DIIDII increased stake by 10.50%

ZENITH STEEL PIP IND LTD stock performance
Open	₹4.90
High	₹5.00
Low	₹4.71
Prev. close	₹4.82

ZENITH STEEL PIP IND LTD trading activity
Volume	35,958
Average traded price	₹4.88
Last traded time	01:38:43 04 Nov
Last traded quantity	3

₹3.86₹5.78

Circuit Low

Circuit High

₹4.41₹9.37

52-Week Low

52-Week High

Circuit

₹3.86

₹5.78

52-week

₹4.41

₹9.37

Mkt Cap Cr

69.29

P/E

17.25

P/B

-0.26

ROA

2.61%

ROE

-1.26%

ROCE

-19.57%

Quick Ratio

0.22

EV/EBITDA

40.0

Mkt Cap Cr

69.29

P/E

17.25

P/B

-0.26

ROA

2.61%

ROE

-1.26%

ROCE

-19.57%

Quick Ratio

0.22

EV/EBITDA

40.0

Based on fundamentals, this stock's

Performance

Very Poor

Zenith Steel has not beaten FD return of 7%

Valuation

Fairly Valued

Zenith Steel appears to be fairly valued compared to its peers

Earnings

Neutral

Zenith Steel earnings growth is positive

Peer Comparison

Peer comparison — key ratios
Name	Mkt Cap Cr	P/E	P/B	ROA	ROE	ROCE	Quick Ratio	EV/EBITDA
JSW Steel	3,22,445.33	10.17	2.85	12.55%	11.86%	14.58%	1.02	6.93
Tata Steel	2,21,145.68	19.53	2.18	3.74%	10.56%	11.35%	0.26	8.28
Jindal Steel & Power	1,12,311.70	39.49	2.14	2.85%	6.16%	8.69%	0.81	13.8
SAIL	68,194.97	12.31	1.1	3.96%	8.96%	9.96%	0.28	6.18
Jindal Stainless	55,986.33	16.81	2.63	7.49%	15.7%	17.29%	0.57	9.75
Shyam Metalics and Energy	33,987.09	24.25	2.69	4.83%	9.29%	13.08%	0.38	12.28
Sarda Energy & Minerals	15,099.54	13.23	1.87	8.97%	13.78%	16.27%	3.69	7.94
Usha Martin	14,042.50	27.66	4.25	12.05%	14.11%	17.96%	1.9	16.52
GODAWARI POW & ISP LTD	13,029.07	16.07	2.26	11.07%	13.79%	18.5%	1.97	9.08
Gallantt Ispat	12,818.05	31.45	3.68	9.07%	11.69%	14.14%	2.14	19.26

Auto-generated based on historical fundamentals; not a recommendation to buy/sell.

ZENITH STEEL PIP IND LTD Company Background

ISIN

INE318D01020

Sector Market Cap

₹ 69.29 Cr

Zenith Steel Pipes & Industries Limited is an India-based company that is engaged in the manufacturing and selling of electric resistance welded (ERW) and hot dip galvanized pipes. It also manufactures spirally welded pipes (HSAW) from 18 inch to 100-inch outside diameter (OD), which are used in the bulk transportation of water. Its products include ERW Black Pipes, ERW GI Pipes, and HSAW Pipes. Its products are used for various applications, such as fencing, firefighting systems, water transport distribution, sprinklers, scaffolding, energy power, and others. Its ERW pipes include black pipes and galvanized pipes. Its HSAW products include spirally welded pipes in the range of approximately 18 inches to 100 inches with a maximum wall thickness of one inch and pipe length of six meters to 13 meters as per client's requirement. Its manufacturing facilities are located at Tarapur in the western part of Maharashtra, having three tube mills with a manufacturing capacity of 72,000 MT/Annum.

ZENITH STEEL PIP IND LTD Financial Highlights

Revenue: ZENITH STEEL PIP IND LTD reported revenue of ₹77.17 crore in FY26 vs ₹129.25 crore in FY25. It showed a decrease of 40.29% on a yearly basis.
Operating Profit: ZENITH STEEL PIP IND LTD reported an operating profit of ₹4.45 crore in FY26 vs ₹0.48 crore in FY25. It showed an increase of 827.08% on a year-on-year basis.
Net Profit: ZENITH STEEL PIP IND LTD reported a net profit of ₹4.38 crore in FY26 vs ₹0.23 crore in FY25. It showed an increase of 1,804.35% on a yearly basis.

ZENITH STEEL PIP IND LTD Quarterly Result Highlights

ZENITH STEEL PIP IND LTD reported revenue of ₹8.84 crore in Jun 2026, compared with ₹15.07 crore in Mar 2026, representing a decrease of 41.34% on a quarter-on-quarter (QoQ) basis.
ZENITH STEEL PIP IND LTD reported an operating profit of ₹0.46 crore in Jun 2026, compared with ₹1.42 crore in Mar 2026, representing a decrease of 67.61% on a quarter-on-quarter (QoQ) basis.
ZENITH STEEL PIP IND LTD reported a profit of ₹0.44 crore in Jun 2026, compared with ₹1.39 crore in Mar 2026, reflecting a decrease of 68.35% on a QoQ basis.
The earnings per share (EPS) of ZENITH STEEL PIP IND LTD stood at ₹0.31 during Jun 2026.

Data Source: BSE, Company announcements

Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.

Promoters

15.64%

FII

0.00%

Other DII

0.02%

Retail and other

84.34%

Mutual funds

0.00%

Foreign Institutional Investor (FII)

FII shareholding by period
Dec 2025	0.00%
Mar 2026	0.00%
Jun 2026	0.00%
Sep 2026	0.00%

ZENITH STEEL PIP IND LTD Investment Returns

1 day

-0.41%

1 week

-4.93%

1 month

-5.49%

1 year

-45.10%

3 years

-15.44%

5 years

+257.04%

ZENITH STEEL PIP IND LTD Share Price History

ZENITH STEEL PIP IND LTD share price history by day, showing open and close prices and the percentage change
Day	Open / Close	Change %
03 Nov 26	₹4.88 / ₹4.82	-0.41%
02 Nov 26	₹4.97 / ₹4.84	-2.22%
30 Oct 26	₹4.95 / ₹4.95	-1.00%
29 Oct 26	₹4.98 / ₹5.00	+0.20%
28 Oct 26	₹4.92 / ₹4.99	-1.58%
27 Oct 26	₹5.15 / ₹5.07	+1.40%
26 Oct 26	₹4.92 / ₹5.00	+2.04%
23 Oct 26	₹5.18 / ₹4.90	-4.48%
22 Oct 26	₹4.96 / ₹5.13	+3.43%
21 Oct 26	₹5.07 / ₹4.96	-1.20%

ZENITH STEEL PIP IND LTD Financials

Full statement

Income Statement · Consolidated

Income Statement · Consolidated — all values in INR Crore
Particulars	Mar 2026	Mar 2025	Mar 2024	Mar 2023
Revenue	₹53.38	₹119.09	₹143.22	₹164.92
Other Income	₹23.79	₹10.16	₹5.29	₹7.07
Total Revenue	₹77.17	₹129.26	₹148.52	₹171.99
Total Expenses	₹74.03	₹128.78	₹148.98	₹183.10
Profit Before Tax	₹4.45	₹0.48	-₹0.46	-₹11.11
Tax	₹0.00	₹0.00	₹0.00	₹0.00
Profit After Tax	₹4.45	₹0.48	-₹0.46	-₹11.11
EPS - Basic	₹0.31	₹0.02	-₹0.05	-₹1.01
EPS - Diluted	₹0.31	₹0.02	-₹0.05	-₹1.01

Cash Flow · Consolidated

Cash Flow · Consolidated — all values in INR Crore
Particulars	Mar 2026	Mar 2025	Mar 2024	Mar 2023
Profit before tax	₹4.38	₹0.23	-₹0.46	-₹14.38
Income before WC changes	₹9.69	₹2.32	₹4.98	-₹8.47
Change in Assets	₹1.98	₹25.30	-₹18.92	₹26.85
Change in Liabilities	-₹12.85	-₹23.67	₹17.52	-₹1.79
Change in WC	-₹10.86	₹1.63	-₹1.40	₹25.06
Cash flow from Operations	-₹1.09	₹3.94	₹4.74	₹17.90
Cash flow from Investing	-₹1.13	-₹1.56	-₹2.42	-₹4.29
Cash flow from Financing	₹0.42	-₹0.14	-₹7.12	-₹11.34
Total Cash Flow	-₹1.81	₹2.24	-₹4.84	₹2.27
Cash (Start of the year)	₹2.89	₹0.71	₹5.27	₹1.95
Cash (End of the year)	₹1.08	₹2.96	₹0.43	₹5.27

Balance Sheet · Consolidated

Balance Sheet · Consolidated — all values in INR Crore
Particulars	Mar 2026	Mar 2025	Mar 2024	Mar 2023
Non-Current Assets	₹70.26	₹70.98	₹71.60	₹70.90
Current Assets	₹83.68	₹87.58	₹110.36	₹98.01
Total Assets	₹153.94	₹158.55	₹181.96	₹168.91
Current Liabilities	₹355.97	₹382.39	₹405.67	₹407.26
Net Current Asset	-₹272.29	-₹294.82	-₹295.31	-₹309.25
Non-Current Liabilities	₹46.90	₹32.91	₹33.15	₹17.76
Equity Capital	-₹248.93	-₹256.75	-₹256.86	-₹256.12
Total Equity & Liabilities	₹153.94	₹158.55	₹181.96	₹168.91

Income Statement · Standalone

Income Statement · Standalone — all values in INR Crore
Particulars	Mar 2026	Mar 2025	Mar 2024	Mar 2023
Revenue	₹49.97	₹119.09	₹143.22	₹164.06
Other Income	₹23.79	₹10.16	₹5.29	₹7.07
Total Revenue	₹73.77	₹129.26	₹148.52	₹171.12
Total Expenses	₹71.90	₹128.78	₹148.95	₹167.51
Profit Before Tax	₹3.18	₹0.48	-₹0.44	₹3.61
Tax	₹0.00	₹0.00	₹0.00	₹0.00
Profit After Tax	₹3.18	₹0.48	-₹0.44	₹3.61
EPS - Basic	₹0.22	₹0.02	-₹0.05	₹0.02
EPS - Diluted	₹0.22	₹0.03	-₹0.05	₹0.02

Cash Flow · Standalone

Cash Flow · Standalone — all values in INR Crore
Particulars	Mar 2026	Mar 2025	Mar 2024	Mar 2023
Profit before tax	₹3.11	₹0.23	-₹0.44	₹0.33
Income before WC changes	₹5.03	₹2.32	₹4.83	₹5.94
Change in Assets	₹6.49	₹25.39	-₹18.88	₹1.81
Change in Liabilities	-₹12.46	-₹23.66	₹17.53	₹8.67
Change in WC	-₹5.97	₹1.74	-₹1.34	₹10.48
Cash flow from Operations	-₹0.94	₹4.05	₹4.83	₹17.74
Cash flow from Investing	-₹1.19	-₹1.56	-₹2.42	-₹3.70
Cash flow from Financing	-₹0.04	-₹0.25	-₹7.17	-₹11.35
Total Cash Flow	-₹2.16	₹2.24	-₹4.81	₹2.69
Cash (Start of the year)	₹2.89	₹0.71	₹5.25	₹1.51
Cash (End of the year)	₹0.72	₹2.96	₹0.43	₹5.25

Balance Sheet · Standalone

Balance Sheet · Standalone — all values in INR Crore
Particulars	Mar 2026	Mar 2025	Mar 2024	Mar 2023
Non-Current Assets	₹70.28	₹71.00	₹71.63	₹70.92
Current Assets	₹75.48	₹84.06	₹106.93	₹94.60
Total Assets	₹145.76	₹155.06	₹178.56	₹165.52
Current Liabilities	₹350.88	₹376.82	₹400.24	₹401.91
Net Current Asset	-₹275.40	-₹292.76	-₹293.31	-₹307.31
Non-Current Liabilities	₹42.17	₹28.63	₹28.98	₹13.65
Equity Capital	-₹247.29	-₹250.40	-₹250.67	-₹250.04
Total Equity & Liabilities	₹145.76	₹155.06	₹178.56	₹165.52