Zenith Fibres

Has Zenith Fibres declared dividend?

Zenith Fibres Ltd has declared a 10% dividend, amounting to ₹1 per share, with an ex-date of September 20, 2024. While recent returns have shown declines, longer-term performance indicates significant growth, with a total return of 121.72% over the past five years.

Zenith Fibres Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1 per share<BR>- Ex-date: 20 Sep 24<BR><BR>Dividend Yield: 1.59%.<BR><BR>Total Returns by Period:<BR>Over the last 6 months, the price return was -12.96%, with a dividend return of 0%, resulting in a total return of -12.96%.<BR><BR>In the 1-year period, the price return was -9.84%, the dividend return was 1.28%, leading to a total return of -8.56%.<BR><BR>For the 2-year period, the price return was 11.94%, the dividend return was 3.94%, resulting in a total return of 15.88%.<BR><BR>In the 3-year period, the price return was 22.4%, with a dividend return of 7.76%, culminating in a total return of 30.16%.<BR><BR>Over the last 4 years, the price return was 48.89%, the dividend return was 7.19%, which gave a total return of 56.08%.<BR><BR>Finally, in the 5-year period, the price return was 112.35%, the dividend return was 9.37%, resulting in a total return of 121.72%.<BR><BR>Overall, Zenith Fibres has declared a dividend, and while the recent returns over shorter periods have shown some declines, the longer-term returns indicate significant growth, particularly in price appreciation and total returns.

Who are the peers of the Zenith Fibres?

Zenith Fibres' peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Asia Pack, Khoobsurat Ltd, Visagar Polytex, and Rajkamal Synth. In terms of management risk, growth, and capital structure, Page Industries and K P R Mill Ltd stand out positively, while Zenith Fibres shows below-average growth and management risk.

Peers: The peers of Zenith Fibres are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Asia Pack, Khoobsurat Ltd, Visagar Polytex, and Rajkamal Synth.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent, and Average management risk is found at Zenith Fibres and Trident. Below Average management risk is noted for Visagar Polytex and Rajkamal Synth. Growth is Excellent at K P R Mill Ltd and Page Industries, while Good growth is seen at Trent, and Below Average growth is noted for Zenith Fibres, Vedant Fashions, Trident, Visagar Polytex, and Khoobsurat Ltd. Asia Pack does not qualify for growth. Capital Structure is Excellent at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good capital structure is found at Zenith Fibres and Trident, and Below Average capital structure is noted for Rajkamal Synth.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Page Industries at 26.58%, while the peer with the lowest is Khoobsurat Ltd at -52.85%. Zenith Fibres has a 1-year return of -5.05%, which is higher than Khoobsurat Ltd but lower than Page Industries. Additionally, the six-month return is negative for Trent, Vedant Fashions, Trident, Khoobsurat Ltd, Visagar Polytex, and Rajkamal Synth.

Is Zenith Fibres overvalued or undervalued?

As of November 6, 2023, Zenith Fibres is considered undervalued with a PE ratio of 15.64 and a price to book value of 0.50, despite a year-to-date stock decline of 11.57%, making it an attractive investment compared to peers like K P R Mill Ltd and Trident.

As of 6 November 2023, the valuation grade for Zenith Fibres has moved from very expensive to risky. The company is currently assessed as undervalued. Key ratios include a PE ratio of 15.64, a price to book value of 0.50, and a PEG ratio of 0.44, which suggest that the stock is trading at a discount relative to its earnings growth potential.<BR><BR>In comparison to peers, Zenith Fibres has a lower PE ratio than K P R Mill Ltd, which stands at 47.51, and a significantly lower EV to EBITDA ratio than Trident, which is at 18.36. Although Zenith Fibres has shown a decline in stock performance year-to-date at -11.57%, it still presents an attractive valuation opportunity given its current metrics and the broader market context.

What is the technical trend for Zenith Fibres?

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.

As of 11 April 2025, the technical trend for Zenith Fibres has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD is mildly bearish, suggesting mixed signals. The Bollinger Bands are bearish on both weekly and monthly time frames, and the daily moving averages are also bearish. The KST shows a mildly bullish trend weekly but is mildly bearish monthly, and Dow Theory reflects a mildly bearish stance weekly while being mildly bullish monthly. Overall, the current technical stance is mildly bearish, with key indicators being the bearish moving averages and Bollinger Bands.

Who are in the management team of Zenith Fibres?

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 March 2023, the management team of Zenith Fibres includes the following individuals:<BR><BR>1. Sanjeev Rungta - Executive Chairman & CEO<BR>2. Mukund Beriwala - Independent Director<BR>3. Reshmi S Desai - Independent Director<BR>4. Aman Rungta - Director (Finance)<BR>5. Dharti Bhavsar - Company Secretary & Compliance Officer<BR>6. Vikram Somani - Independent Director<BR>7. S.S. Iyer - Independent Director<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

What does Zenith Fibres do?

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.

Overview:<BR>Zenith Fibres Ltd operates in the Garments & Apparels industry, specializing in the production of Polypropylene Staple Fibres (PPSF) and is categorized as a Micro Cap company.<BR><BR>History:<BR>Zenith Fibres Ltd was incorporated in 1989 under the leadership of Late Shri A.K. Rungta. The company maintained a 100% market share of Polypropylene Staple Fibres in India for over two decades. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 145 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: -5 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: INR 29 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 16.00<BR>- Industry P/E: 23<BR>- Dividend Yield: 1.55%<BR>- Debt Equity: -0.34<BR>- Return on Equity: 3.17%<BR>- Price to Book: 0.51<BR><BR>Contact Details:<BR>Address: 205 Marol Bhavan 2nd Flr, M V Road J B Nagar Andheri(E) Mumbai Maharashtra : 400059<BR>Tel: 91-22-28599428<BR>Email: mumbai@zenithfibres.com<BR>Website: http://www.zenithfibres.com

Who are the top shareholders of the Zenith Fibres?

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.

The top shareholders of Zenith Fibres include Pinky Sanjeev Rungta, who holds the highest stake at 31.85%. The next significant public shareholder is Dheeraj Kumar Lohia, with a holding of 2.85%. Additionally, individual investors collectively own 44.66% of the company. There are no pledged promoter holdings, and the company has no foreign institutional investors (FIIs) involved. Mutual funds hold a small portion, represented by just one scheme at 0.11%.

How big is Zenith Fibres?

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.

As of 24th July, Zenith Fibres Ltd has a market capitalization of 28.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Zenith Fibres reported Net Sales of 52.19 Cr and a Net Profit of 1.79 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 55.00 Cr and Total Assets of 59.54 Cr.

How has been the historical performance of Zenith Fibres?

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.

Answer:<BR>The historical performance of Zenith Fibres shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Zenith Fibres' net sales have shown variability, with a notable increase to 52.20 Cr in Mar'25 from 34.28 Cr in Mar'24, while it was 50.15 Cr in Mar'23. The total operating income followed a similar pattern, reaching 52.20 Cr in Mar'25. However, total expenditure also rose to 52.24 Cr in Mar'25 from 34.60 Cr in Mar'24, leading to an operating profit (PBDIT) of -0.04 Cr in Mar'25, a decline from 2.17 Cr in Mar'23. Profit before tax was 2.40 Cr in Mar'25, up from 1.73 Cr in Mar'24, while profit after tax increased to 1.80 Cr from 1.32 Cr in the previous year. The earnings per share (EPS) rose to 4.57 in Mar'25 from 3.35 in Mar'24, although it was lower than 7.21 in Mar'23. The company's total assets increased to 61.09 Cr in Mar'25 from 59.54 Cr in Mar'24, with total liabilities also rising to 61.09 Cr. Cash flow from operating activities was negative at -2.00 Cr in Mar'25, but cash flow from investing activities improved to 6.00 Cr, resulting in a net cash inflow of 3.00 Cr for the year. Overall, while Zenith Fibres has experienced fluctuations in sales and profitability, it has managed to maintain a stable cash position and increase its total assets.

How has been the historical performance of Zenith Fibres?

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.

Answer:<BR>The historical performance of Zenith Fibres shows a fluctuating trend in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Zenith Fibres' net sales experienced a significant increase from INR 34.28 crore in March 2024 to INR 52.20 crore in March 2025, following a dip to INR 50.15 crore in March 2023 and a peak of INR 52.35 crore in March 2022. The total operating income mirrored this trend, reaching INR 52.20 crore in March 2025. However, the total expenditure also rose, leading to an operating profit (PBDIT) of INR -0.04 crore in March 2025, down from INR 4.81 crore in March 2023. The profit before tax showed a slight increase to INR 2.40 crore in March 2025 from INR 1.73 crore in March 2024, while profit after tax was reported at INR 1.80 crore in March 2025, up from INR 1.32 crore in March 2024. The company's total assets grew to INR 61.09 crore in March 2025, compared to INR 59.54 crore in March 2024, with total liabilities also increasing to INR 61.09 crore. Cash flow from operating activities was negative at INR -2.00 crore in March 2025, but cash flow from investing activities was positive at INR 6.00 crore, resulting in a net cash inflow of INR 3.00 crore for the same period.

When is the next results date for Zenith Fibres Ltd?

The next results date for Zenith Fibres Ltd is 29 May 2026.

The next results date for Zenith Fibres Ltd is scheduled for 29 May 2026.

Are Zenith Fibres Ltd latest results good or bad?

The latest results for Zenith Fibres Ltd are concerning, showing a 22% year-on-year decline in net sales and negative operating margins of -3.27%, indicating ongoing challenges in profitability and revenue generation.

The latest results for Zenith Fibres Ltd indicate a challenging situation for the company. In the March 2026 quarter, net sales improved sequentially by 16.60% to ₹11.31 crores from ₹9.70 crores in the previous quarter. However, this figure represents a significant year-on-year decline of 22.00% from ₹14.50 crores in the same quarter last year.<BR><BR>The company's operating margins remain deeply negative at -3.27%, which is a deterioration from -0.62% in the previous quarter. Additionally, the net profit for the quarter was a loss of ₹0.01 crores, marking a drastic decline of 101.70% compared to the profit of ₹2.61 crores in the prior quarter.<BR><BR>Overall, these results highlight ongoing operational challenges, including declining revenues and negative margins, which suggest that the company is struggling to maintain profitability. The persistent issues with revenue and profitability indicate that the latest results are not good and reflect fundamental weaknesses in the business model.

Should I buy, sell or hold Zenith Fibres Ltd?

Which are the latest news on Zenith Fibres?

Why is Zenith Fibres Ltd falling/rising?

As of 03-Jun, Zenith Fibres Ltd's stock price is at 52.64, reflecting a year-to-date drop of 8.26% and a one-year decrease of 24.81%. The stock has underperformed against the benchmark Sensex and its sector, indicating a bearish trend and declining investor participation.

As of 03-Jun, Zenith Fibres Ltd's stock price is falling, currently at 52.64, which reflects a decrease of 0.26 or 0.49%. This decline is evident in the stock's performance over various periods, with a year-to-date drop of 8.26% and a significant one-year decrease of 24.81%. Comparatively, the benchmark Sensex has also experienced losses, but Zenith Fibres Ltd has underperformed against it, particularly in the short term, with a 1-week decline of 1.24% versus the Sensex's 2.01% drop.<BR><BR>Today's performance indicates that the stock has underperformed its sector by 1.09%. Additionally, the moving averages show that while the stock is higher than its 5-day and 50-day moving averages, it is lower than the 20-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Furthermore, there has been a notable decrease in investor participation, with delivery volume on June 2 falling by 35.78% compared to the 5-day average. This decline in trading activity may contribute to the stock's downward pressure. Overall, these factors collectively indicate that Zenith Fibres Ltd is experiencing a decline in its stock price.