Investment Ratings
As per analysts rating in the last 6 months, the recommendation is to HOLD Zenith Steel
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Master Rating:
-
Zenith Steel Pipes & Industries has an operating revenue of Rs. 103.87 Cr. on a trailing 12-month basis. An annual revenue de-growth of -23% needs improvement, Pre-tax margin of 4% needs improvement, NULL It has recently broken out of a base in its weekly chart but failed to keep its momentum and is trading around -11% from the pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 39 which is a POOR score indicating inconsistency in earnings, a RS Rating of 44 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at D which indicates heavy supply, Group Rank of 147 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of D is close to being the worst. Institutional holding has remained stable in the last reported quarter. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment. Please note that this is a thinly traded stock.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Zenith Steel Pipes & Industries Ltd Forecast
Price Estimates
Eps And Sales Estimates
Zenith Steel Pipes & Industries Ltd Synopsis
NSE-Steel-Producers
Zenith Steel Pipes is involved in the business activities of Manufacture of tube and tube fittings of basic iron and steel. Company’s Total Operating Revenue is Rs. 64.75 Cr. and Equity Capital is Rs. 142.28 Cr. for the Year ended 31/03/2021. Zenith Steel Pipes & Industries Ltd. is a Public Limited Listed company incorporated on 05/08/1960 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L29220MH1960PLC011773 and registration number is 011773.-
Market Cap
INR 17.07 Cr
-
Sales
INR 100.35 Cr
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Shares in Float
11.95 Cr
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No of Funds
29 K
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Yield
%
-
Book Value
-0.02
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U/D Vol Ratio
1.6
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LTDebt/Equity
%
-
Alpha
0.31
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Beta
0.39
| Owner Name | Jun-21 | Mar-21 | Dec-20 |
|---|---|---|---|
| Promoters | 15.64% | 15.64% | 8.57% |
| Mutual Funds | 0% | 0% | 0% |
| Insurance Companies | 0% | 0% | 0% |
| Financial Institutions/ Banks | 0.29% | 0.29% | 0.32% |
| Individual Investors | 68.69% | 68.69% | 74.25% |
| Others | 15.38% | 15.38% | 16.86% |
| Name | Designation |
|---|---|
| Ms. Minal Pote | Whole Time Director |
| Mrs. Sadhana Avinash Patil | Ind. Non-Executive Director |
| Mr. Purushottam D Sonavane | Non Exe.Non Ind.Director |
| Mr. Pramod Shivaji Bhosale | Non Exe. & Ind. Director |
Zenith Steel Pipes & Industries Ltd Financials
- Quarterly P&L
- Annual P&L
- Cash Flow
- Balance Sheet
- Ratios
| INDICATOR | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 |
|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 39.9838 | 19.2013 | 26.87 | 14.29 | 13.56 |
| Operating Expenses Qtr Cr | 36.8338 | 19.1419 | 23.11 | 14.49 | 18.47 |
| Operating Profit Qtr Cr | 3.15 | 0.0594 | 3.76 | -0.2 | -4.91 |
| Depreciation Qtr Cr | 0.4474 | 1.0214 | 0.81 | 0.68 | 0.67 |
| Interest Qtr Cr | 4.2598 | 0.7474 | 0.78 | 0.94 | 0.54 |
| Tax Qtr Cr | 1.6514 | 0 | 0 | 0 | 0 |
| Net Profit Qtr Cr | -3.4204 | -2.0178 | -0.85 | -8.13 | -6.91 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Total Revenue Annual Cr | 70.21 | 69.2649 | 150.0765 | 145.0941 | 86.2244 |
| Operating Expenses Annual Cr | 68.8898 | 84.2843 | 249.9859 | 171.1807 | 106.5883 |
| Operating Profit Annual in Cr | -4.1398 | -22.6413 | -111.0353 | -42.62 | -20.746 |
| Depreciation Cr | 2.84 | 8.897 | 6.0126 | 7.3345 | 6.2359 |
| Interest Annual Cr | 3 | 4.0646 | 6.7969 | 7.089 | 7.4458 |
| Tax Annual Cr | 0 | 0 | 0 | 0 | 0 |
| Net Profit Annual Cr | -20.9498 | -27.981 | -119.3077 | -41.1104 | -34.1678 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Cash from Operating Activity Annual Cr | 25.5362 | 20.7257 | 1.2211 | 7.3233 | |
| Cash from Investing Activity Annual Cr | 14.2881 | -0.1087 | 4.8744 | -2.4665 | |
| Cash from Financing Annual Activity Cr | -40.1507 | -20.4691 | -6.8884 | -5.7058 | |
| Net Cash Flow Annual Cr | -0.3264 | 0.1479 | -0.7929 | -0.849 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Total ShareHolders Funds Annual Cr | -250.45 | -240.4148 | -231.3116 | -118.8938 | -78.7492 |
| Fixed Assets Annual Cr | 48.03 | 65.8672 | 88.9844 | 93.107 | 104.6872 |
| Total Non Current Assets Annual Cr | 49.8 | 72.0967 | 95.2174 | 99.6795 | 112.123 |
| Total Current Assets Annual Cr | 69.08 | 91.987 | 139.3709 | 240.729 | 232.397 |
| Total Assets Annual Cr | 118.88 | 164.0837 | 234.5883 | 340.4085 | 344.52 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Book Value Per Share Annual Rs | -18.313 | -17.619 | -9.056 | -5.998 | |
| ROE Annual % | 0 | 0 | 0 | 0 | |
| ROCE Annual % | 10.84 | 50.43 | 39.47 | 56.31 | |
| Total Debt to Total Equity Annual | - | - | - | - | - |
| EBDIT Annual Margin % | 2.03 | -24.36 | -71.9 | -20.29 | -23.72 |
Zenith Steel Pipes & Industries Ltd Technicals
EMA & SMA
CURRENT PRICE
1.2 
(0)
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- Bullish Moving Averages 11
- Bearish Moving Averages 5
EMA
-
20 Day
1.17
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50 Day
1.1
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100 Day
1.02
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200 Day
0.91
Zenith Steel Pipes & Industries Ltd Resistance and support
1.2 PIVOT
-
First Resistance
1.2
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Second Resistance
1.2
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Third Resistance
1.2
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First Support
1.2
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Second Support
1.2
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Third Support
1.2
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RSI
55.12
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MFI
55.01
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MACD
0.06
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MACD signal line
0.06
Zenith Steel Pipes & Industries Ltd Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 97,846 | 9,784,600 | 100% |
| Week | 97,846 | 9,784,600 | 100% |
| 1 Month | 0 | 0 | % |
| 6 Month | 26,000 | 2,600,037 | 100% |
Zenith Steel Pipes & Industries Ltd Price change analysis
-0.1
Over 1 month
Low High 1.15 1.52
0.05
Over 3 month
Low High 0.8 1.52
0.15
Over 6 months
Low High 0.8 1.52
0.35
Over Year
Low High 0.56 1.52Similar Stocks
| Company Name | 52 Week () |
Market Price () | Volume |
|---|---|---|---|
| Mahamaya Steel Industries Ltd | 130.50 | 79.00 (-0.82%) | 1992 |
| Shah Alloys Ltd | 55.70 | 55.70 (5.00%) | 100979 |
| Visa Steel Ltd | 17.49 | 14.00 (-1.89%) | 1736 |
| OCL Iron & Steel Ltd | 3.86 | 1.93 (0.52%) | 22272 |
News
Zenith Steel Pipes & Industries Ltd-$ - 531845 - Announcemen
Newspaper Advertisement - Financial Results for the quarter & half year ended 30th September, 2021. Read More
Zenith Steel Pipes & Industries Ltd-$ - 531845 - Financial R
Financial Results for the quarter and half year ended 30.09.2021 Read More
Zenith Steel Pipes & Industries Ltd-$ - 531845 - Board Meeti
Outcome of Board Meeting held on 12.11.2021 Read More
Zenith Steel Pipes & Industries Ltd-$ - 531845 - Board Meeti
Zenith Steel Pipes & Industries Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/11/2021 ,i Read More
Zenith Steel Pipes & Industries Ltd-$ - 531845 - Board Meeti
Zenith Steel Pipes & Industries Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/11/2021 ,i Read MoreBlogs