Zenith Fibres

When is the next results date for Zenith Fibres?

No Upcoming Board Meetings

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.

Are Zenith Fibres Ltd latest results good or bad?

Zenith Fibres Ltd's latest results show a significant net profit increase, but underlying challenges persist, with declining revenues and negative operating margins indicating potential sustainability issues. Investors should exercise caution due to these fundamental concerns.

Zenith Fibres Ltd's latest results present a mixed picture, but overall, they indicate significant challenges. <BR><BR>On the positive side, the company reported a net profit of ₹2.61 crores for Q3 FY26, which is a remarkable increase of 4,450% quarter-on-quarter and a 135.14% rise year-on-year. This surge in profit has led to a positive market reaction, with the stock price increasing by 8.33% following the announcement.<BR><BR>However, when examining the underlying performance, there are serious concerns. The net sales for the same quarter were ₹9.70 crores, reflecting only a slight increase of 3.74% from the previous quarter but a substantial decline of 31.21% compared to the same quarter last year. This marks the third consecutive quarter of significant year-on-year revenue declines, indicating a troubling trend.<BR><BR>Moreover, the operating margin, excluding other income, was negative at -0.62%, a drastic fall from the positive 5.89% margin a year earlier. This suggests that the core operations of the business are struggling to generate profit. The reported profit is heavily reliant on other income, which accounted for 107.85% of profit before tax, raising concerns about the sustainability of earnings.<BR><BR>In summary, while the headline profit figure may seem impressive, the underlying operational challenges, persistent revenue declines, and negative operating margins signal that the overall results are concerning. Investors should approach with caution, as the company's fundamental issues remain unresolved.

Should I buy, sell or hold Zenith Fibres Ltd?

Why is Zenith Fibres Ltd falling/rising?

As of 06-Feb, Zenith Fibres Ltd's stock price is rising to 59.50, driven by a 12.80% gain over the past week and increased investor interest, evidenced by a 155.79% rise in delivery volume. Despite trading below longer-term moving averages, the stock shows a positive short-term trend.

As of 06-Feb, Zenith Fibres Ltd's stock price is rising, currently at 59.50, with a change of 0.22 (0.37%) upwards. This increase can be attributed to several factors. Over the past week, the stock has outperformed the benchmark Sensex, gaining 12.80% compared to the Sensex's 1.59%. Additionally, the stock has shown a positive trend over the past month, with a 7.09% increase while the Sensex has declined by 1.74%. Year-to-date, Zenith Fibres Ltd has also managed a gain of 3.69%, contrasting with the Sensex's drop of 1.92%.<BR><BR>Today's performance indicates that the stock has outperformed its sector by 1.25%. Furthermore, there has been a notable increase in investor participation, with delivery volume on 05 February rising by 155.79% against the 5-day average. This suggests a growing interest among investors, contributing to the upward price movement. Although the stock is currently trading below its 100-day and 200-day moving averages, it remains above the 5-day, 20-day, and 50-day moving averages, indicating a short-term positive trend. Overall, these factors collectively support the rise in Zenith Fibres Ltd's stock price.

Which are the latest news on Zenith Fibres?