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1D
1W
1M
1Y
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5Y
Max
Open4.89
High4.89
Low4.65
Prev. Close4.65
Avg. Traded Price4.67
Volume2,72,254

MARKET DEPTH

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Total ask0.00
OrdersQtyBid
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AskQtyOrders
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HIGH/LOW

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52w

LOW/HIGH

4.562 days ago
4.882 days ago
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LOWER/UPPER CIRCUITS

4.56
5.04
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Zenith Steel Pip India Ltd Stock performance
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KEY OBSERVATIONS

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positive
negative
neutral
noteAnnual Net Profit,rose 132.32% in the last year to ₹0.23 Cr. Its sector's average net profit growth for the last fiscal year was 18.78%.
notePrice to Earning Ratio,is 11.29, lower than its sector PE ratio of 21.36.
noteQuarterly Net profit,rose 833.3% YoY to ₹1.47 Cr. Its sector's average net profit growth YoY for the quarter was 13.59%.
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LONG-TERM PRICE ANALYSIS

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Stock return5Y CAGR : 65.72%
Net profit growth 5Y CAGR : 0%

About Zenith Steel Pipes & Industries Limited

Zenith Steel Pipes & Industries Limited, formerly Zenith Birla (India) Limited, is among India’s pioneers in electric resistance welded (ERW) and hot dip galvanised steel pipes. Incorporated in 1960, it has a 60+ year legacy in welded steel tubes for diverse applications. Its product range includes ERW black and galvanised pipes, square and rectangular hollow sections, and helically submerged arc-welded (HSAW/spiral) pipes. ERW pipes are manufactured in diameters from ½ inch to 20 inch, with HSAW pipes ranging from 18 inch to 100 inch outer diameter, mainly used in bulk water transport.

 

Zenith serves both domestic and global markets, with a longstanding presence in the U.S.A. and exports to more than 83 countries. It claims to be the single largest exporter of galvanised pipes to the U.S. from India and maintains an extensive dealer network across India. Manufacturing units are located in Khopoli (Raigad), Tarapur (Palghar), Murbad (Thane), and a mobile unit in Trichy, Tamil Nadu. The company complies with multiple international and Indian standards such as ASTM, EN, DIN, BS, AS, JIS, and IS, emphasizing quality and timely delivery. It has two wholly owned subsidiaries focused on overseas markets in the U.A.E. and U.S.A.

Key Milestones of Zenith Steel Pipes & Industries Limited

  • Import of advanced pipe-making machinery from Mannesmann A.G., Germany.
  • Recognition via export excellence awards.
  • Supply of 16,000 MT ERW pipes for the Saudi–Iraq border, the largest order in its history.
  • Maintaining a trusted brand with over five decades of global market presence.

Zenith Steel Pipes & Industries Limited Business Segment

Zenith’s operations span ERW pipes, galvanised pipes, hollow sections, and HSAW pipes for critical industries domestically and internationally. The manufacturing footprint and exports underline a strong presence in India, the U.S., and over 80 other countries.

Zenith Steel Pipes & Industries Limited Key Management

  • Mrs. Minal Pote – Wholetime Director
  • Mr. Girvanesh Balasubramanan – Chief Financial Officer
  • Mr. Prakhar Agarwal – Company Secretary (from June 03, 2024)

Latest Updates on Zenith Steel Pipes & Industries Limited

  • Proposed appointment of M/s. D E V A M & Associates LLP as Statutory Auditors for five years, subject to shareholder approval at the 63rd AGM in September 2025.
  • Continued lock-out at Khopoli unit since November 2013; SARFAESI proceedings led to sale of loan account to an Asset Reconstruction Company.
  • Securities Appellate Tribunal Mumbai reduced SEBI-imposed penalty on past GDR issue from Rs 10 crore to Rs 25 lakh.
  • Maintains two wholly owned subsidiaries for overseas market development; financials consolidated accordingly.
  • Adheres to international standards (ASTM/EN/DIN/BS/AS/JIS/IS) and sustains leading exporter status to the U.S.
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Frequently Asked Questions

Manufactures ERW black and galvanised pipes, hollow sections, and HSAW (spiral) pipes, with ERW diameters from ½ inch to 20 inch and HSAW from 18 inch to 100 inch outer diameter.

Facilities are at Khopoli, Tarapur, Murbad, and a mobile unit in Karur, Tamil Nadu.

Has two wholly owned subsidiaries focused on overseas markets incorporated in UAE and USA.

Exports primarily to the U.S. and over 83 other countries, supported by a domestic dealer network.

SEBI's market ban related to a past GDR issue was partially lifted; penalty reduced by SAT Mumbai.