Notes / Company

Zenith Steel Pipes & Industries Ltd.

ZENITHSTL BSE 531845 ISIN INE318D01020 Steel & Iron Products

Fundamentals

Market cap: ₹79.53 cr
P/E: 18.14×
ROE: 0.00%
Debt / equity: -0.84
52-week range: 4.41 — 10.33

Research on Tijori Finance

Company snapshot

Zenith Steel Pipes & Industries Ltd.

Steel

₹80 cr

P/E 18.18×

Latest quarter · Mar 2026

Sales₹11 cr

Net profit₹1 cr

Op. margin−22.9%

EPS₹0.10

Strength & growth

Debt / equity-0.84×

Current ratio0.23×

Sales CAGR−5.7%

The timeline — 1 note on Zenith Steel Pipes & Industries Ltd.

May 2026

26 May 26 · 10:16 PM IST Brief

Brief · Earnings · Micro cap

Zenith Steel Pipes reports profit despite revenue collapse and fraud

Auditors flagged a material going-concern risk and non-compliance with deposit rules as revenue dropped 58% to ₹49.97 crore.

Verify on exchange BSE filings for ZENITHSTL NSE filings for ZENITHSTL Tijori Finance company page