Zenith Exports
- P/E
- 309.09
Key Fundamentals
MicrocapConsumer DurablesConsumer DiscretionaryPrice-based figures as of · EPS basis: Standalone · TTM
- ROCE
- 4.97%
- Debt to Equity
- 0.03
- EPS (TTM)
- ₹0.55
- Book Value
- ₹155.77
- Market Cap
- —
- P/E (TTM)
- 309.09
- P/B
- 1.09
- ROE
- 2.85%
- Dividend Yield
- 0.00%
- EBITDA
- ₹4.60 Cr
- 52W High
- ₹257.80
- 52W Low
- ₹165.00
- Volume
- 0
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 100/100
Category scores
- Quality
- 60
- Good
- Returns, margins, earnings quality 22% weight
- Valuation
- 32
- Poor
- Cheap vs sector & own history 24% weight
- Growth
- 23
- Poor
- Sales & profit trajectory 9% weight
- Financial Health
- 71
- Strong
- Solvency, leverage, coverage 9% weight
- Momentum
- 34
- Poor
- Trend strength, vol-adjusted 12% weight
- Ownership
- 50
- Average
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
2- Company has reduced debt.
- Company is almost debt free.
Weaknesses
7- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 4.87% over past five years.
- Company has a low return on equity of -0.45% over last 3 years.
- Earnings include an other income of Rs.4.29 Cr.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -6.20%
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bearish | 12 | 3 | 4 |
| Oscillators | Bullish | 2 | 3 | 4 |
| Moving Averages | Strong Bearish | 10 | 0 | 0 |
Oscillators
Bullish
Overall
Strong Bearish
Moving Averages
Strong Bearish
Key readings
- RSI (14)
- 35.03
- Neutral
- MACD (12,26,9)
- −7.08
- Bearish
- SMA (50)
- 195.10
- Bearish
- SMA (200)
- 201.41
- Bearish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | −12.43% |
|---|---|
| 5Y | +4.87% |
| 3Y | +1.10% |
| 1Y | −10.35% |
| TTM | −17.96% |
Net profit
| 10Y | +30.49% |
|---|---|
| 5Y | Turned to profit |
| 3Y | +13.17% |
| 1Y | +33.92% |
| TTM | −90.24% |
Operating cash flow
| 10Y | −11.90% |
|---|---|
| 5Y | +16.51% |
| 3Y | −34.48% |
| 1Y | Turned positive |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | +0.13 pp |
|---|---|
| 5Y | +5.38 pp |
| 3Y | +1.28 pp |
| 1Y | +6.93 pp |
| TTM | −0.07 pp |
Revenue by year
| Mar 2017 | ₹129 Cr |
|---|---|
| Mar 2018 | ₹110 Cr |
| Mar 2019 | ₹98.54 Cr |
| Mar 2020 | ₹82.82 Cr |
| Mar 2021 | ₹50.71 Cr |
| Mar 2022 | ₹90.54 Cr |
| Mar 2023 | ₹62.25 Cr |
| Mar 2024 | ₹81.68 Cr |
| Mar 2025 | ₹71.76 Cr |
| Mar 2026 | ₹64.33 Cr |
Net profit by year
| Mar 2017 | −₹2.08 Cr |
|---|---|
| Mar 2018 | −₹1.88 Cr |
| Mar 2019 | −₹7.87 Cr |
| Mar 2020 | −₹1.43 Cr |
| Mar 2021 | −₹1.30 Cr |
| Mar 2022 | ₹1.01 Cr |
| Mar 2023 | ₹1.58 Cr |
| Mar 2024 | ₹0.30 Cr |
| Mar 2025 | ₹1.71 Cr |
| Mar 2026 | ₹2.29 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 21.05 | 22.41 | 18.37 | 19.87 | 16.54 | 16.1 | 18.57 | 20.89 | 17.9 | 19.51 | 14.17 | 13.1 | 13.49 |
| Expenses | 20.68 | 21.97 | 19.24 | 21.07 | 16.74 | 19.48 | 18.24 | 22.13 | 16.61 | 19.31 | 14.39 | 14.24 | 14.83 |
| Operating Profit | 0.37 | 0.44 | −0.87 | −1.2 | −0.2 | −3.38 | 0.33 | −1.24 | 1.29 | 0.2 | −0.22 | −1.14 | −1.34 |
| OPM % | 1.76% | 1.96% | −4.74% | −6.04% | −1.21% | −20.99% | 1.78% | −5.94% | 7.21% | 1.03% | −1.55% | −8.7% | −9.93% |
| Other Income | 0.7 | 0.89 | 1.05 | 1.2 | 0.84 | 1.07 | 1 | 5.64 | 1.02 | 1.2 | 0.87 | 1.42 | 0.8 |
| Interest | 0.26 | 0.29 | 0.17 | 0.18 | 0.21 | 0.24 | 0.21 | 0.18 | 0.22 | 0.16 | 0.16 | 0.14 | 0.1 |
| Depreciation | 0.24 | 0.25 | 0.25 | 0.28 | 0.21 | 0.19 | 0.21 | 0.21 | 0.16 | 0.15 | 0.17 | 0.23 | 0.15 |
| PBT | 0.57 | 0.79 | −0.24 | −0.46 | 0.22 | −2.74 | 0.91 | 4.01 | 1.93 | 1.09 | 0.32 | −0.09 | −0.79 |
| Tax % | 31.58% | 32.91% | −16.67% | −8.7% | 36.36% | −23.36% | 26.37% | 25.19% | 27.46% | 22.94% | 46.88% | 33.33% | −24.05% |
| Net Profit | 0.39 | 0.53 | −0.2 | −0.42 | 0.14 | −2.1 | 0.67 | 3 | 1.4 | 0.84 | 0.17 | −0.12 | −0.6 |
| EPS (₹) | 0.72 | 0.98 | −0.37 | −0.78 | 0.26 | −3.89 | 1.24 | 5.56 | 2.59 | 1.56 | 0.32 | −0.22 | −1.11 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 266 | 243 | 129 | 110 | 98.54 | 82.82 | 50.71 | 90.54 | 62.25 | 81.68 | 71.76 | 64.33 | 60.27 |
| Expenses | 262 | 240 | 133 | 114 | 99.01 | 87.11 | 52.9 | 90.16 | 62.39 | 82.57 | 75.97 | 63.65 | 62.77 |
| Operating Profit | 4.65 | 2.25 | −4.6 | −4.32 | −0.47 | −4.29 | −2.19 | 0.38 | −0.14 | −0.89 | −4.21 | 0.68 | −2.5 |
| OPM % | 1.75% | 0.93% | −3.58% | −3.94% | −0.48% | −5.18% | −4.32% | 0.42% | −0.22% | −1.09% | −5.87% | 1.06% | −4.15% |
| Other Income | 6.4 | 4.55 | 3.58 | 5.31 | −6.02 | 5.61 | 3.51 | 3.48 | 4.51 | 3.81 | 8.56 | 4.29 | 4.29 |
| Interest | 6.69 | 3.28 | 0.31 | 1.36 | 1.65 | 1.36 | 1.28 | 1.22 | 1.07 | 1.24 | 1.13 | 1.01 | 0.56 |
| Depreciation | 4.56 | 3.49 | 1.42 | 1.41 | 1.63 | 1.69 | 1.64 | 1.28 | 1.3 | 1.01 | 0.82 | 0.71 | 0.7 |
| PBT | −0.2 | 0.03 | −2.75 | −1.78 | −9.77 | −1.73 | −1.6 | 1.36 | 2 | 0.67 | 2.4 | 3.25 | 0.53 |
| Tax % | −140% | −400% | −24.36% | 5.06% | −19.34% | −17.34% | −19.38% | 25.74% | 21% | 53.73% | 28.75% | 29.54% | — |
| Net Profit | 0.08 | 0.16 | −2.08 | −1.88 | −7.87 | −1.43 | −1.3 | 1.01 | 1.58 | 0.3 | 1.71 | 2.29 | 0.29 |
| EPS (₹) | 0.15 | 0.3 | −3.85 | −3.48 | −14.58 | −2.65 | −2.41 | 1.87 | 2.93 | 0.56 | 3.17 | 4.24 | 0.55 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.4 | 5.4 | 5.4 | 5.4 | 5.4 | 5.4 | 5.4 | 5.4 | 5.4 | 5.4 | 5.4 | 5.4 |
| Reserves | 86.41 | 86.57 | 84.48 | 82.77 | 74.86 | 73.29 | 71.78 | 72.76 | 74.33 | 74.86 | 76.57 | 78.72 |
| Borrowings | 31.63 | 12.63 | 6.8 | 11.3 | 13.02 | 8.27 | 7.79 | 13.81 | 9.47 | 5.54 | 7.76 | 2.11 |
| Other Liabilities | 13.45 | 16.43 | 13.76 | 11.93 | 14.26 | 12.27 | 10.8 | 9.55 | 10.81 | 10.1 | 11.15 | 11.73 |
| Total Liabilities | 137 | 121 | 110 | 111 | 108 | 99.23 | 95.77 | 102 | 100 | 95.9 | 101 | 97.96 |
| Fixed Assets | 29.16 | 22.89 | 20.69 | 17.96 | 15.59 | 14.88 | 12.98 | 12.12 | 10.24 | 9.26 | 11.3 | 12.08 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.05 | 0 | 0 |
| Investments | 0.01 | 0.01 | 4.08 | 17.56 | 2 | 0 | 0.17 | 0.54 | 0.85 | 1.32 | 1.51 | 11.83 |
| Other Assets | 108 | 98.13 | 85.67 | 75.88 | 89.95 | 84.35 | 82.62 | 88.86 | 88.92 | 85.27 | 88.07 | 74.05 |
| Total Assets | 137 | 121 | 110 | 111 | 108 | 99.23 | 95.77 | 102 | 100 | 95.9 | 101 | 97.96 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 6.83 | 19.21 | 11.67 | 7.99 | −8.87 | 16.9 | 2.52 | −14.98 | 19.23 | −6.57 | −3.03 | 5.41 |
| Investing | 0.42 | 3.57 | −2.59 | −12.03 | 15.61 | −10.3 | 1.18 | 11.47 | −15.55 | 17.03 | −3.98 | 0.5 |
| Financing | −9.64 | −21.42 | −6.14 | 3.64 | 0.4 | −5.75 | −1.52 | 5.14 | −4.98 | −4.84 | 1.38 | −6.33 |
| Net Cash Flow | −2.39 | 1.37 | 2.94 | −0.39 | 7.15 | 0.85 | 2.18 | 1.63 | −1.31 | 5.62 | −5.63 | −0.42 |
| Free Cash Flow | 6.58 | 22.52 | 12.4 | 8.73 | −9.22 | 16.66 | 2.51 | −15.4 | 20.84 | −6.89 | −5.93 | 4.43 |
| CFO/OP | 173 | 867 | −257 | −189 | 1,860 | −401 | −131 | −3,895 | −13,857 | 710 | 65 | 828 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 29.42 | 51.85 | 63.06 | 56.22 | 50.67 | 57.65 | 67.16 | 55.59 | 54.3 | 64.21 | 89.52 | 86.92 |
| Inventory Days | 115 | 90.68 | 141 | 169 | 269 | 185 | 356 | 238 | 290 | 209 | 200 | 309 |
| Days Payable | 6.02 | 13.98 | 24.79 | 17.94 | 37.72 | 41.33 | 70.19 | 31.12 | 62.4 | 42.27 | 47.19 | 62.09 |
| Cash Conversion Cycle | 138 | 129 | 179 | 207 | 282 | 201 | 353 | 263 | 282 | 231 | 243 | 334 |
| Working Capital Days | 73.01 | 91.71 | 139 | 134 | 160 | 132 | 196 | 154 | 145 | 162 | 172 | 211 |
| ROCE % | 4.81% | 2.53% | −1.62% | −0.81% | −0.72% | −1.11% | 0.15% | 2.89% | 2.23% | 2.22% | −1.46% | 4.97% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Zenith Exports insights
59 extracted metrics across FY11–FY27.
Documents
- 25 Feb 2026
- 16 Jan 2025
- 20 Dec 2023
- 26 Oct 2022
- 5 Jul 2021
- General announcements 6 Oct 2026
Frequently Asked Questions about Zenith Exports
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Company Information
Incorporated in 1969, Zenith Exports Ltd is in the business of Leather Goods & Textile Fabrics
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