Zenith Steel Pipes & Industries Ltd (ZENITHSTL) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Comparison

Company

Score

Quality

Valuation

Financial

Technical

Garg Furnace

Sharda Ispat

Sarthak Metals

Hisar Met.Inds.

Prakash Steelage

Zenith Steel

Shri Hare-Krish.

Pattech Fitwell

Surani Steel Tub

Aditya Ultra

Maiden Forgings

Why is Zenith Steel Pipes & Industries Ltd ?

With a Negative Book Value, the company has a Weak Long Term Fundamental Strength

Poor long term growth as Net Sales has grown by an annual rate of 2.63% and Operating profit at 0% over the last 5 years
High Debt Company with a Debt to Equity ratio (avg) at 0 times

The company has declared Negative results for the last 3 consecutive quarters

PBT LESS OI(Q) At Rs -6.52 cr has Fallen at -292.77%
PAT(9M) At Rs 4.69 cr has Grown at -38.77%
DEBTORS TURNOVER RATIO(HY) Lowest at 1.69 times

Risky - Negative EBITDA

The stock is trading risky as compared to its average historical valuations
Over the past year, while the stock has generated a return of -14.95%, its profits have fallen by -36%

Underperformed the market in the last 1 year

Even though the market (BSE500) has generated returns of 2.12% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -14.95% returns

Real-Time Research Report

Verdict Report

How much should you sell?

All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Iron & Steel Products)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Zenith Steel for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

Zenith Steel

-14.95%

-0.30

49.19%

Sensex

4.83%

0.41

11.83%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

2.63%

EBIT Growth (5y)

10.80%

EBIT to Interest (avg)

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

-0.85

Sales to Capital Employed (avg)

Tax Ratio

Tax Ratio is Negative%

Dividend Payout Ratio

Pledged Shares

0.20%

Institutional Holding

0.02%

ROCE (avg)

16.48%

ROE (avg)

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

-0.42

EV to EBIT

-23.17

EV to EBITDA

-26.95

EV to Capital Employed

-8.56

EV to Sales

3.43

PEG Ratio

Dividend Yield

ROCE (Latest)

Negative Capital Employed

ROE (Latest)

Negative BV

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Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

RSI

Bearish

No Signal

Bollinger Bands

Bearish

Moving Averages

Mildly Bullish (Daily)

KST

Bullish

Bearish

Dow Theory

Mildly Bearish

Mildly Bullish

OBV

Mildly Bullish

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

6What is working for the Company

PAT(Latest six months)

Higher at Rs 1.72 cr

-20What is not working for the Company

NET SALES(Q)

At Rs 14.04 cr has Fallen at -53.31%

PBT LESS OI(Q)

At Rs -6.52 cr has Fallen at -292.77%

PAT(9M)

At Rs 4.69 cr has Grown at -38.77%

DEBTORS TURNOVER RATIO(HY)

Lowest at 1.69 times

PBDIT(Q)

Lowest at Rs -5.44 cr.

OPERATING PROFIT TO NET SALES (Q)

Lowest at -38.75%

NON-OPERATING INCOME(Q)

is 969.33 % of Profit Before Tax (PBT

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Here's what is working for Zenith Steel

Profit After Tax (PAT) - Latest six months

At Rs 1.72 cr has Grown at 174.14%

Year on Year (YoY)

MOJO Watch

PAT trend is very positive

PAT (Rs Cr)

Profit After Tax (PAT) - Latest six months

Higher at Rs 1.72 cr

than preceding 12 month period ended Sep 2025 of Rs 0.48 cr

MOJO Watch

In the half year the company has already crossed PAT of the previous twelve months

PAT (Rs Cr)

Here's what is not working for Zenith Steel

Net Sales - Quarterly

At Rs 14.04 cr has Fallen at -53.31%

Year on Year (YoY)

MOJO Watch

Near term sales trend is very negative

Net Sales (Rs Cr)

Profit Before Tax less Other Income (PBT) - Quarterly

At Rs -6.52 cr has Fallen at -292.77%

Year on Year (YoY)

MOJO Watch

Near term PBT trend is very negative

PBT less Other Income (Rs Cr)

Net Sales - Quarterly

Lowest at Rs 14.04 cr

in the last five quarters

MOJO Watch

Near term sales trend is negative

Net Sales (Rs Cr)

Operating Profit (PBDIT) - Quarterly

Lowest at Rs -5.44 cr.

in the last five quarters

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (Rs Cr)

Operating Profit Margin - Quarterly

Lowest at -38.75%

in the last five quarters

MOJO Watch

Company's efficiency has deteriorated

Operating Profit to Sales

Profit Before Tax less Other Income (PBT) - Quarterly

Lowest at Rs -6.52 cr.

in the last five quarters

MOJO Watch

Near term PBT trend is negative

PBT less Other Income (Rs Cr)

Non Operating Income - Quarterly

is 969.33 % of Profit Before Tax (PBT)

MOJO Watch

The company's income from non business activities is high; which is not a sustainable business model

Non Operating Income to PBT

Debtors Turnover Ratio- Half Yearly

Lowest at 1.69 times

in the last five half yearly periods

MOJO Watch

Company's pace of settling its Debtors has slowed

Debtors Turnover Ratio

Non Operating Income - Quarterly

Highest at Rs 7.27 cr

in the last five quarters

MOJO Watch

Increased income from non business activities may not be sustainable

Non Operating Income