What is the bonus history of the Zenith Steel?

Zenith Steel issued a bonus in the ratio of 1:5 on August 11, 2010, with a record date of August 12, 2010. This is the most recent bonus action recorded for the company.

Zenith Steel has a bonus history that includes a significant bonus issue announced on August 11, 2010. The company issued a bonus in the ratio of 1:5, meaning that for every five shares held, shareholders received one additional share. The record date for this bonus was August 12, 2010. This was the latest bonus action recorded for Zenith Steel. If you have any more questions about the company or its financial activities, feel free to ask!

Has Zenith Steel declared dividend?

Zenith Steel has declared a 6% dividend, amounting to 1.4 per share, with an ex-date of July 7, 2010. However, the dividend yield is 0%, indicating no dividends have been paid in recent periods, despite significant fluctuations in total returns over different time frames.

Zenith Steel has declared a 6% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 6%<BR>- Amount per share: 1.4<BR>- Ex-date: Jul-07-2010<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6 months period, the price return was -21.78%, the dividend return was 0%, resulting in a total return of -21.78%.<BR><BR>Over the 1 year period, the price return was -4.86%, the dividend return was 0%, leading to a total return of -4.86%.<BR><BR>For the 2 years period, the price return was 75.12%, the dividend return was 0%, culminating in a total return of 75.12%.<BR><BR>During the 3 years period, the price return was -39.78%, the dividend return was 0%, resulting in a total return of -39.78%.<BR><BR>In the 4 years period, the price return was 551.85%, the dividend return was 0%, leading to a total return of 551.85%.<BR><BR>Over the 5 years period, the price return was 1500.0%, the dividend return was 0%, culminating in a total return of 1500.0%.<BR><BR>Overall, while Zenith Steel has declared a dividend, the dividend yield is 0%, indicating that there have been no dividends paid in recent periods. The total returns show significant fluctuations, with a remarkable increase over the longer term despite negative returns in shorter periods.

Who are the peers of the Zenith Steel?

Zenith Steel's peers include APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Garg Furnace, Remi Edelstahl, Dhatre Udyog, Riddhi Steel, and Swastik Pipe. APL Apollo Tubes shows excellent management and growth, while Welspun Corp has the highest 1-year return at 68.43%, and Dhatre Udyog has the lowest at -53.88%.

Peers: The peers of Zenith Steel are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Garg Furnace, Remi Edelstahl, Dhatre Udyog, Riddhi Steel, and Swastik Pipe.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, Ratnamani Metals, and Garg Furnace, and Average management risk is noted at Jindal Saw. Below Average management risk is present at Remi Edelstahl, Dhatre Udyog, Riddhi Steel, and Swastik Pipe. Excellent growth is seen at APL Apollo Tubes and Jindal Saw, while Average growth is found at Shyam Metalics, Ratnamani Metals, and Dhatre Udyog, and Below Average growth is noted at Welspun Corp, Garg Furnace, Remi Edelstahl, Jindal Saw, Riddhi Steel, and Swastik Pipe. Excellent capital structure is observed at APL Apollo Tubes, Shyam Metalics, and Ratnamani Metals, while Good capital structure is found at Garg Furnace, and Below Average capital structure is noted at Welspun Corp, Jindal Saw, Remi Edelstahl, Dhatre Udyog, Riddhi Steel, and Swastik Pipe.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Welspun Corp at 68.43%, while the peer with the lowest is Dhatre Udyog at -53.88%. Zenith Steel's own 1-year return is -9.65%, which is better than Dhatre Udyog but worse than Welspun Corp. Additionally, Garg Furnace, Jindal Saw, Remi Edelstahl, Dhatre Udyog, and Riddhi Steel all have negative six-month returns.

Is Zenith Steel overvalued or undervalued?

As of April 25, 2023, Zenith Steel is considered overvalued and risky, with a PE ratio of 100.17 and negative financial metrics, underperforming the Sensex with a year-to-date return of -10.34%.

As of 25 April 2023, Zenith Steel's valuation grade has moved from does not qualify to risky, indicating a significant shift in its perceived value. The company is currently overvalued, with a PE ratio of 100.17, an EV to EBITDA of -59.20, and a PEG ratio of 0.48. In comparison to its peers, JSW Steel has a PE ratio of 64.98 and Tata Steel stands at 51.92, both of which suggest that Zenith Steel's valuation is not justified given its financial metrics.<BR><BR>The negative capital employed and negative book value further highlight the company's precarious financial position. While the stock has seen a substantial increase over the past five years, it has underperformed relative to the Sensex in the shorter term, with a year-to-date return of -10.34% compared to the Sensex's 5.61%. This combination of high valuation ratios and poor relative performance reinforces the conclusion that Zenith Steel is currently overvalued.

What is the technical trend for Zenith Steel?

As of May 19, 2025, Zenith Steel's technical trend is mildly bearish, with mixed signals across different time frames, as daily moving averages indicate bearish sentiment while weekly indicators show some bullishness.

As of 19 May 2025, the technical trend for Zenith Steel has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment. The weekly MACD shows a mildly bullish signal, but the monthly MACD is mildly bearish, suggesting mixed signals across time frames. The Bollinger Bands are bullish on the weekly chart but mildly bearish on the monthly, further contributing to the overall bearish outlook. The KST is mildly bullish weekly but also mildly bearish monthly, while the OBV is mildly bearish on the weekly and shows no trend monthly. Overall, the indicators reflect a weak bearish sentiment with some conflicting signals in the weekly timeframe.

Who are in the management team of Zenith Steel?

As of March 2022, the management team of Zenith Steel includes Minal Umesh Pote (Whole-time Director), Sadhana Patil, Purushottam D Sonavane, Pramod Bhosale, Bhavika Sharma (Independent Directors), Sonal Solanki (Company Secretary & Compliance Officer), and Ganesh Mahendrakar (Independent Director). They oversee the company's operations and governance.

As of March 2022, the management team of Zenith Steel includes the following individuals:<BR><BR>1. Minal Umesh Pote - Whole-time Director<BR>2. Sadhana Patil - Independent Director<BR>3. Purushottam D Sonavane - Director<BR>4. Pramod Bhosale - Director<BR>5. Bhavika Sharma - Independent Director<BR>6. Sonal Solanki - Company Secretary & Compliance Officer<BR>7. Ganesh Mahendrakar - Independent Director<BR><BR>This team is responsible for overseeing the operations and governance of the company.

What does Zenith Steel do?

Zenith Steel Pipes & Industries Ltd is a micro-cap manufacturer of steel pipes in India, incorporated in 1960 and recently reporting net sales of 248 Cr and a net profit of 28 Cr for March 2025. The company has a market cap of INR 112 Cr and operates with a P/E ratio of 120.00.

Overview: <BR>Zenith Steel Pipes & Industries Ltd is a leading manufacturer of steel pipes in India, operating within the Iron & Steel Products industry and categorized as a micro-cap company.<BR><BR>History: <BR>The company was incorporated in 1960 as 'Zenith Limited' and underwent several name changes, becoming 'Zenith Birla (India) Limited' in 2005 and finally 'Zenith Steel Pipes & Industries Limited' in 2020. The latest quarterly results reported net sales and profit for March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 248 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 28 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 112 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 120.00 <BR>Industry P/E: 34 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.83 <BR>Return on Equity: -0.19% <BR>Price to Book: -0.44 <BR><BR>Contact Details: <BR>Address: 5th Floor Industry House, 159 Churchgate Reclamation Mumbai Maharashtra : 400020 <BR>Tel: 91-022-66168400 <BR>Email: zenith@zenithsteelpipes.com <BR>Website: http://www.zenithsteelpipes.com

Who are the top shareholders of the Zenith Steel?

The top shareholders of Zenith Steel are Birla Bombay Private Limited with 5.74%, and Hitesh Ramji Javeri with 5.47%. Individual investors hold a significant 69.42% of the shares, while there are no reported holdings from mutual funds or foreign institutional investors.

The top shareholders of Zenith Steel include Birla Bombay Private Limited, which holds the highest promoter stake at 5.74%. The highest public shareholder is Hitesh Ramji Javeri, with a holding of 5.47%. Additionally, individual investors collectively own a significant portion of the company, accounting for 69.42% of the shares. There are no holdings reported from mutual funds or foreign institutional investors (FIIs).

How big is Zenith Steel?

As of 24th July, Zenith Steel Pipes & Industries Ltd has a market capitalization of 118.00 Cr, with recent net sales of 119.08 Cr and a net profit of 0.22 Cr over the last four quarters. The company's shareholder's funds are -256.86 Cr, and total assets amount to 181.96 Cr.

As of 24th July, <BR><BR>Market Cap: Zenith Steel Pipes & Industries Ltd has a market capitalization of 118.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 119.08 Cr, while the sum of Net Profit for the same period is 0.22 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds recorded at -256.86 Cr and Total Assets amounting to 181.96 Cr.

Are Zenith Steel latest results good or bad?

Zenith Steel's latest results are concerning, with net sales declining by 33.61% to Rs 18.92 crore and a Profit Before Tax of Rs -5.53 crore, marking the lowest performance in five quarters. The overall financial trend indicates significant struggles for the company.

Zenith Steel's latest financial results indicate a troubling performance. For the quarter ending June 2025, the company reported net sales of Rs 18.92 crore, which is a significant decline of 33.61% compared to the same quarter last year. This marks the lowest sales figure in the past five quarters, suggesting a concerning trend.<BR><BR>Profit Before Tax (PBT) also fell sharply to Rs -5.53 crore, a decline of 48.26% year-on-year, and is the lowest in the last five quarters. Additionally, the Profit After Tax (PAT) for the latest six months decreased by 51.11% year-on-year, totaling Rs 3.95 crore.<BR><BR>The operating profit margin has deteriorated to -23.47%, again the lowest in five quarters, highlighting ongoing financial struggles. Although non-operating income has increased significantly, raising concerns about its sustainability, the overall financial results reflect a very negative trend for Zenith Steel.

When is the next results date for Zenith Steel?

The next results date for Zenith Steel is 14 November 2025.

The next results date for Zenith Steel is scheduled for 14 November 2025.

How has been the historical performance of Zenith Steel?

Zenith Steel's historical performance shows declining net sales and total operating income, with a recovery in profitability from losses in 2023 to small profits in 2025, despite increasing total liabilities and ongoing challenges. Operating profit remained negative, but cash flow from operations improved.

Answer:<BR>The historical performance of Zenith Steel shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Zenith Steel's net sales have seen a decline from INR 164.92 crore in March 2023 to INR 119.09 crore in March 2025, reflecting a downward trend in revenue. The total operating income followed a similar pattern, decreasing from INR 164.92 crore in March 2023 to INR 119.09 crore in March 2025. The company's total expenditure, excluding depreciation, also decreased from INR 177.40 crore in March 2023 to INR 124.35 crore in March 2025. Despite this reduction in costs, the operating profit (PBDIT) remained negative, with a loss of INR 5.26 crore in March 2025, although it improved from a loss of INR 12.48 crore in March 2023. The profit before tax turned positive at INR 0.48 crore in March 2025, a recovery from a loss of INR 11.34 crore in March 2023. The consolidated net profit showed a similar recovery, moving from a loss of INR 14.38 crore in March 2023 to a profit of INR 0.23 crore in March 2025. However, the company's total liabilities increased to INR 181.96 crore in March 2024 from INR 168.91 crore in March 2023, indicating a growing debt burden. Cash flow from operating activities improved to INR 4 crore in March 2024, up from INR 17 crore in March 2023, but the net cash outflow was recorded at INR 4 crore in March 2024. Overall, while there are signs of recovery in profitability, the company continues to face challenges with declining sales and increasing liabilities.

Should I buy, sell or hold Zenith Steel?

Which are the latest news on Zenith Steel?

Why is Zenith Steel falling/rising?

As of 03-Dec, Zenith Steel Pipes & Industries Ltd's stock is at 7.62, down 2.43%, and has significantly underperformed the Sensex over various time frames. The stock is trading below its moving averages, indicating a bearish trend despite a notable increase in delivery volume.

As of 03-Dec, Zenith Steel Pipes & Industries Ltd's stock price is falling, currently at 7.62, which reflects a change of -0.19 or -2.43%. The stock has underperformed compared to the benchmark Sensex, which has seen a decline of only -0.59% over the past week. Over the past month, Zenith Steel's stock has decreased by 13.31%, while the Sensex has increased by 1.34%. Year-to-date, the stock is down 5.11%, contrasting sharply with the Sensex's gain of 8.92%. <BR><BR>Additionally, the stock is trading below its moving averages across various periods, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Despite a significant increase in delivery volume, which rose by 1328.59% against the 5-day average, the overall performance today shows that Zenith Steel has underperformed its sector by 1.56%. This combination of factors contributes to the decline in the stock price.