Zenith Fibres Ltd

Zenith Fibres' latest Q2 FY26 results are concerning, showing a 29.59% year-on-year decline in net sales and a negative operating profit margin of -6.95%, indicating significant operational challenges and a reversal in profitability. Despite a strong balance sheet with no long-term debt, the company faces critical issues that require strategic intervention.

Zenith Fibres has shown fluctuating historical performance, with net sales increasing to INR 52.20 crore in March 2025, but operating profit fell to INR -0.04 crore due to rising expenditures. Profit after tax rose to INR 1.80 crore, while total assets grew to INR 61.09 crore, despite negative cash flow from operations.

Zenith Fibres has shown fluctuating financial performance, with net sales increasing to 52.20 Cr in Mar'25, but operating profit declining to -0.04 Cr. Despite this, profit after tax rose to 1.80 Cr, and total assets increased to 61.09 Cr, indicating a stable cash position.

As of 03-Sep, Zenith Fibres Ltd is priced at 66.89, having increased by 0.95%. Despite a recent uptick, the company faces significant challenges, including operating losses and a poor ability to service debt, while underperforming the benchmark BSE500 with a -24.66% return over the past year.

As of 02-Sep, Zenith Fibres Ltd is priced at 66.26, showing a slight increase but underperforming compared to the sector and trading below key moving averages. The stock is near its 52-week low and has seen a significant decline in delivery volume, indicating reduced investor interest and a bearish trend.

As of 01-Sep, Zenith Fibres Ltd's stock price is Rs 66.17, down 3.32%, with significant underperformance reflected in a 1-week return of -3.40% and a 1-month return of -6.51%. The company faces operating losses and weak fundamentals, contributing to a negative sentiment despite increased investor participation.

As of 28-Aug, Zenith Fibres Ltd's stock price is Rs 67.00, down 0.25%, and has declined 2.97% over the past week, underperforming against the Sensex. The stock is trading below key moving averages and is close to its 52-week low, indicating a bearish trend.

Zenith Fibres experienced fluctuating net sales, reporting 52.20 Cr in March 2025, up from 34.28 Cr in March 2024, despite rising raw material costs. Profit before tax improved to 2.40 Cr, and profit after tax increased to 1.80 Cr, while earnings per share rose to 4.57.

Zenith Fibres' latest results are concerning, with net sales declining to Rs 9.72 crore, the lowest in five quarters, despite a 170.37% increase in net profit to Rs 0.38 crore. The company's debtors turnover ratio has also dropped significantly, indicating operational challenges.

As of 24th July, Zenith Fibres Ltd has a market capitalization of 28.00 Cr, with recent net sales of 52.19 Cr and a net profit of 1.79 Cr. The latest balance sheet shows shareholder's funds of 55.00 Cr and total assets of 59.54 Cr.

Zenith Fibres Ltd, established in 1989, specializes in producing Polypropylene Staple Fibres and has maintained a significant market presence in India. As of March 2025, it reported net sales of ₹145 Cr and a net loss of ₹5 Cr, with a market cap of ₹29 Cr.

The top shareholder of Zenith Fibres is Pinky Sanjeev Rungta, holding 31.85%, followed by Dheeraj Kumar Lohia at 2.85%. Individual investors own 44.66%, with no pledged promoter holdings or foreign institutional investors involved.

As of March 2023, the management team of Zenith Fibres includes Sanjeev Rungta (Executive Chairman & CEO), Mukund Beriwala, Reshmi S Desai, Vikram Somani, S.S. Iyer (all Independent Directors), Aman Rungta (Director of Finance), and Dharti Bhavsar (Company Secretary & Compliance Officer). They oversee the company's operations and strategic direction.

As of April 11, 2025, Zenith Fibres shows a mildly bearish technical trend, with mixed signals from MACD and KST indicators, while moving averages and Bollinger Bands remain bearish.