Zenith Fibres

Why is Zenith Fibres Ltd falling/rising?

As of 23-Jun, the stock price of Zenith Fibres Ltd is declining, currently at 51.67, reflecting a significant drop in investor interest and underperformance compared to its sector. The stock has shown negative trends both short-term and long-term, with substantial declines in delivery volume and year-to-date losses.

As of 23-Jun, the stock price of Zenith Fibres Ltd is falling, currently at 51.67, which reflects a change of -0.63 or -1.2%. The stock has underperformed its sector by 1.15% today and is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 85.04% compared to the 5-day average. This lack of trading activity suggests reduced interest in the stock, contributing to its price decline. Over the longer term, the stock has also shown negative performance, with a year-to-date decrease of 9.95% and a one-year decline of 26.18%, further supporting the trend of falling prices.

Which are the latest news on Zenith Fibres?

How big is Zenith Fibres?

As of 10th June, Zenith Fibres Ltd has a market capitalization of 21.00 Cr, with recent net sales of 40.08 Cr and a net profit of 2.92 Cr over the last four quarters. Shareholder's funds are valued at 56.45 Cr, and total assets amount to 61.09 Cr as of March 2025.

As of 10th June, <BR><BR>Market Cap: Zenith Fibres Ltd has a market capitalization of 21.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 40.08 Cr, while the sum of Net Profit for the same period is 2.92 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are valued at 56.45 Cr, and Total Assets amount to 61.09 Cr.

Who are in the management team of Zenith Fibres?

The management team of Zenith Fibres includes Sanjeev Rungta (Executive Chairman & CEO), Aman Rungta (Director of Finance), and Dharti Bhavsar (Company Secretary & Compliance Officer), along with independent directors Mukund Beriwala, Reshmi S Desai, Vikram Somani, and S.S. Iyer.

The management team of Zenith Fibres includes the following individuals:<BR><BR>1. **Sanjeev Rungta** - Executive Chairman & CEO<BR>2. **Aman Rungta** - Director (Finance)<BR>3. **Dharti Bhavsar** - Company Secretary & Compliance Officer<BR><BR>Additionally, the board features several independent directors:<BR>- **Mukund Beriwala**<BR>- **Reshmi S Desai**<BR>- **Vikram Somani**<BR>- **S.S. Iyer**<BR><BR>This team brings a diverse range of expertise to the company, contributing to its strategic direction and governance.

Who are the peers of the Zenith Fibres?

Zenith Fibres' peers include Patspin India, Indo Cotspin, Rajkamal Synth., Padam Cotton, Valson Industrie, Vivaa Tradecom, Shree Bhavya, Southern Latex, Hisar Spg. Mills, and Titaanium Ten. In terms of management risk, growth, and returns, Padam Cotton shows excellent management and growth, while Zenith Fibres has average management risk and below-average growth, with a 1-year return of -26.39%.

Peers: The peers of Zenith Fibres are Patspin India, Indo Cotspin, Rajkamal Synth., Padam Cotton, Valson Industrie, Vivaa Tradecom, Shree Bhavya, Southern Latex, Hisar Spg. Mills, and Titaanium Ten.<BR><BR>Quality Snapshot: Excellent management risk is observed at Padam Cotton, while Average management risk is found at Zenith Fibres and Hisar Spg. Mills. Below Average management risk is noted for Indo Cotspin, Rajkamal Synth., Valson Industrie, Vivaa Tradecom, Shree Bhavya, and Titaanium Ten, and the rest. Growth ratings show that Padam Cotton has Excellent growth, while Zenith Fibres has Below Average growth, and the rest have Below Average growth except for Vivaa Tradecom, which has Below Average growth. Capital Structure is rated as Good for Padam Cotton, Zenith Fibres, and Hisar Spg. Mills, while the rest have Below Average or do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Vivaa Tradecom at 14.12%, while the lowest is Padam Cotton at -74.78%. Zenith Fibres' 1-year return of -26.39% is better than Padam Cotton's but worse than Vivaa Tradecom's. Additionally, peers with negative six-month returns include Patspin India, Rajkamal Synth., Valson Industrie, Padam Cotton, Southern Latex, and Titaanium Ten.

What does Zenith Fibres do?

Zenith Fibres Ltd produces Polypropylene Staple Fibres and has maintained a dominant market position in India since 1989. As of March 2026, it reported net sales of 11 Cr and a market cap of INR 21 Cr.

Overview: <BR>Zenith Fibres Ltd is a company engaged in the production of Polypropylene Staple Fibres, operating within the Garments & Apparels industry and classified as a Micro Cap.<BR><BR>History: <BR>Zenith Fibres Ltd was incorporated in 1989 and held a dominant position in the market, maintaining 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 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 11 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 0 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 21 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 7.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 2.08% <BR>Debt-Equity: -0.34 <BR>Return on Equity: 5.17% <BR>Price to Book: 0.38 <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

Should I buy, sell or hold Zenith Fibres Ltd?

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.

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.

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.

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.

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%.

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.

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.