---
title: "Zenith Steel Pipes & Industries Ltd (ZENITHSTL) — Share Price, Financials & Analysis"
symbol: "ZENITHSTL"
company: "Zenith Steel Pipes & Industries Ltd"
canonical: "https://tapetide.com/stocks/ZENITHSTL"
isin: "INE318D01020"
nse_symbol: "ZENITHSTL"
bse_code: "531845"
sector: "Industrials"
industry: "Industrial Products"
market_cap_cr: 84.66
generated_at: "2026-09-13T18:57:21.426Z"
---

# Zenith Steel Pipes & Industries Ltd (ZENITHSTL)

Canonical page: https://tapetide.com/stocks/ZENITHSTL

## Company

- **NSE Symbol:** ZENITHSTL
- **BSE Code:** 531845
- **ISIN:** INE318D01020
- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2007-04-30
- **CEO:** Ms. Minal Umesh Pote
- **Employees:** 121
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** zenithsteelpipes.com

## About

Incorporated 1960, Zenith Steel Pipes & Industries Ltd does manufacturing and selling of ERW And SAW Pipes[1]

## Latest Price

- **Price:** ₹5.85
- **Change:** -0.14 (-2.34%)
- **Open:** ₹6.13
- **Day High:** ₹6.35
- **Day Low:** ₹5.73
- **Previous Close:** ₹5.99
- **Volume:** 88082
- **As Of:** 2026-09-11T10:01:40+00:00

## Key Fundamentals

Observed at 2026-09-11T04:45:58.549374Z.

- **Market Cap:** ₹84.66 Cr
- **Classification:** Microcap
- **P/E (reported):** 21.5
- **P/E (TTM):** 20.89
- **EPS (TTM):** ₹0.28
- **Book Value:** ₹-17.5
- **Price to Book:** -0.34
- **Dividend Yield:** 0%
- **ROE:** -0.19%
- **ROCE:** -1.32%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹53.38 Cr
- **Net Income:** ₹4.38 Cr
- **EBITDA:** ₹-16.31 Cr
- **52-Week High:** ₹10.33
- **52-Week Low:** ₹4.41
- **RSI (14):** 65.6

## Tapetide Score

- **Score:** 36 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Rising
- **Percentile:** 7.3 (of 4473 scored stocks)
- **Confidence:** 93%
- **Data coverage:** 86%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 24.77 | 9% |
| growth | 1.1 | 9% |
| momentum | 66.57 | 12% |
| ownership | 50 | 24% |
| quality | 30.94 | 22% |
| valuation | 35.33 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Weaknesses

- The company has delivered a poor sales growth of -7.27% over past five years.
- Promoter holding is low: 15.6%
- Contingent liabilities of Rs.37.0 Cr.
- Earnings include an other income of Rs.20.2 Cr.
- Company has high debtors of 391 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 31.86% | -65.08% | -61.98% |
| ebitda margin growth | -40% | -646.84% | -711.18% | -314.01% |
| net income growth | -71.43% | 776% | 30% | 2% |
| revenue growth | -46.34% | -58.72% | -31% | -7% |
| roce | -47.24% | 20% | -141.25% | -2.3% |
| roe | -68.35% | -205.56% | 1.44% | -83.19% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | 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 | 27.74 | 45.84 | 43.06 | 28.5 | 30.07 | 35.69 | 24.82 | 18.92 | 14.04 | 9.4 | 11.29 | 7.18 |
| Expenses | 34.27 | 45.23 | 36.33 | 31.15 | 30.64 | 35.68 | 26.86 | 23.37 | 19.47 | 13.02 | 13.88 | 7.3 |
| Operating Profit | -6.53 | 0.61 | 6.73 | -2.65 | -0.57 | 0.01 | -2.04 | -4.45 | -5.43 | -3.62 | -2.59 | -0.12 |
| OPM % | -23.54 | 1.33 | 15.63 | -9.3 | -1.9 | 0.03 | -8.22 | -23.52 | -38.68 | -38.51 | -22.94 | -1.67 |
| Other Income | 0.39 | 0.13 | 4.46 | 1.83 | 1.24 | 0.91 | 5.93 | 6.51 | 7.25 | 6.22 | 5.06 | 1.64 |
| Interest | 0.73 | 0.74 | 0.73 | 0.61 | 0.62 | 0.63 | 0.62 | 0.62 | 0.63 | 0.64 | 0.6 | 0.61 |
| Depreciation | 0.67 | 0.67 | 0.57 | 0.48 | 0.49 | 0.49 | 0.49 | 0.49 | 0.47 | 0.49 | 0.48 | 0.48 |
| Profit before tax | -7.54 | -0.67 | 9.89 | -1.91 | -0.44 | -0.2 | 2.78 | 0.95 | 0.72 | 1.47 | 1.39 | 0.43 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -7.54 | -0.67 | 9.89 | -1.92 | -0.44 | -0.2 | 2.78 | 0.96 | 0.72 | 1.47 | 1.39 | 0.44 |
| EPS in Rs | -0.53 | -0.05 | 0.7 | -0.13 | -0.03 | -0.01 | 0.2 | 0.07 | 0.05 | 0.1 | 0.1 | 0.03 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 169.65 | 183.63 | 101.38 | 77.87 | 163.12 | 164.92 | 143.22 | 119.09 | 53.38 | 41.91 |
| Expenses | 211.86 | 297.69 | 132.11 | 79.41 | 148.04 | 177.17 | 143.47 | 124.34 | 69.63 | 53.67 |
| Operating Profit | -42.21 | -114.06 | -30.73 | -1.54 | 15.08 | -12.25 | -0.25 | -5.25 | -16.25 | -11.76 |
| OPM % | -24.88 | -62.11 | -30.31 | -1.98 | 9.24 | -7.43 | -0.17 | -4.41 | -30.44 | -28.06 |
| Other Income | 16.16 | 7.19 | 12.56 | -5.72 | 7.86 | 3.8 | 5.06 | 9.91 | 25.03 | 20.17 |
| Interest | 7.69 | 7.29 | 4.53 | 3.47 | 6.99 | 3.48 | 2.92 | 2.48 | 2.48 | 2.48 |
| Depreciation | 7.33 | 6.01 | 5.65 | 2.84 | 2.67 | 2.45 | 2.58 | 1.95 | 1.92 | 1.92 |
| Profit before tax | -41.07 | -120.17 | -28.35 | -13.57 | 13.28 | -14.38 | -0.69 | 0.23 | 4.38 | 4.01 |
| Tax % | 0 | 0 | 0 | 0 | 12.42 | 0 | 0 | 0 | 0 | — |
| Net Profit | -41.07 | -120.17 | -28.34 | -13.58 | 11.63 | -14.38 | -0.7 | 0.23 | 4.38 | 4.02 |
| EPS in Rs | -3.13 | -9.15 | -2.16 | -0.95 | 0.82 | -1.01 | -0.05 | 0.02 | 0.31 | 0.28 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 131.28 | 131.28 | 131.28 | 131.28 | 142.28 | 142.28 | 142.28 | 142.28 | 142.28 | 142.28 |
| Reserves | -219.43 | -259.78 | -373.06 | -382.53 | -396 | -384.2 | -398.4 | -399.14 | -399.03 | -391.21 |
| Borrowings | 299.97 | 295.95 | 283.23 | 246.91 | 227.93 | 227.46 | 219.35 | 215.15 | 215.19 | 220.19 |
| Other Liabilities | 141.16 | 178.83 | 194.63 | 184.24 | 161.73 | 206.88 | 205.67 | 223.68 | 200.11 | 182.68 |
| Total Liabilities | 352.98 | 346.28 | 236.08 | 179.9 | 135.94 | 192.42 | 168.9 | 181.97 | 158.55 | 153.94 |
| Fixed Assets | 91.98 | 80.33 | 74.55 | 65.87 | 48.03 | 44.38 | 44.64 | 43.61 | 41.8 | 40.03 |
| CWIP | 12.7 | 12.78 | 14.44 | 0 | 0 | 0 | 0.99 | 0.82 | 1.2 | 1.29 |
| Investments | 0.01 | 0.01 | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 248.29 | 253.16 | 147.08 | 114.02 | 87.91 | 148.04 | 123.27 | 137.54 | 115.55 | 112.62 |
| Total Assets | 352.98 | 346.28 | 236.08 | 179.9 | 135.94 | 192.42 | 168.9 | 181.97 | 158.55 | 153.94 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 7.06 | 4.13 | 21.2 | 24.93 | 16.44 | -1.17 | 17.9 | 4.74 | 6.25 | -1.04 |
| Cash from Investing Activity | -2.47 | 4.87 | -0.13 | 14.06 | -0.65 | 7.71 | -3.24 | -2.47 | -1.28 | -1.19 |
| Cash from Financing Activity | -7.05 | -7.47 | -20.86 | -40.99 | -15.45 | -7.46 | -11.34 | -7.12 | -2.44 | 0.42 |
| Net Cash Flow | -2.46 | 1.54 | 0.21 | -1.99 | 0.34 | -0.92 | 3.32 | -4.84 | 2.53 | -1.81 |
| Free Cash Flow | 4.59 | 9 | 20.97 | 24.71 | 15.83 | 7.67 | 14.22 | 3.35 | 5.73 | -1.27 |
| CFO/OP | -37 | -10 | -19 | -81 | -1068 | 24 | -135 | -2456 | -119 | 6 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 293.47 | 249.57 | 71.68 | 31.75 | 56.86 | 112.13 | 104.22 | 150.57 | 173.35 | 390.57 |
| Inventory Days | 37.76 | 9.86 | 2.99 | 32.17 | 82.79 | 107.92 | 62.38 | 90.8 | 52.21 | 72.59 |
| Days Payable | 180.44 | 195.49 | 213.77 | 325.67 | 309.25 | 346.42 | 277.39 | 408.76 | 603.8 | 957.03 |
| Cash Conversion Cycle | 150.79 | 63.95 | -139.11 | -261.75 | -169.6 | -126.37 | -110.79 | -167.38 | -378.24 | -493.87 |
| Working Capital Days | -392.94 | -421 | -631.63 | -1073.79 | -1357.4 | -604.38 | -697.44 | -755.38 | -913.77 | -1872.66 |
| ROCE % | -10.89 | -17.29 | -101.76 | -128.38 | — | — | — | — | — | — |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 15.64% | 15.64% | 15.64% | 15.64% | 15.64% | 15.64% | 15.64% | 15.64% | 15.64% | 15.64% | 15.64% | 15.64% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.19% | 0.12% | 0.08% | 0.08% | 0.08% | 0.08% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 69.79% | 69.05% | 69.89% | 69.83% | 69.86% | 69.57% | 69.42% | 69.32% | 69.41% | 69.11% | 71.84% | 71.83% |
| Others | 14.37% | 15.19% | 14.39% | 14.45% | 14.42% | 14.71% | 14.91% | 15.01% | 14.93% | 15.23% | 12.5% | 12.5% |
| No. of Shareholders | 74863 | 73261 | 75230 | 81770 | 81952 | 82184 | 82762 | 83248 | 81560 | 80093 | 79750 | 79262 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 11 / 6 / 2

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 5.72 | Buy |
| EMA (10) | 5.79 | Buy |
| SMA (20) | 5.57 | Buy |
| EMA (20) | 5.67 | Buy |
| SMA (50) | 5.56 | Buy |
| EMA (50) | 5.63 | Buy |
| SMA (100) | 5.79 | Buy |
| EMA (100) | 5.73 | Buy |
| SMA (200) | 5.96 | Sell |
| EMA (200) | 6.03 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 58.6 | Neutral |
| MACD (12,26,9) | 0.12 | Buy |
| Stochastic (14,3,3) | 58.97 | Neutral |
| ADX (14) | 28.99 | Buy |
| Williams %R (14) | -50 | Neutral |
| ATR (14) | 0.39 | High Volatility |
| ROC (12) | 8.74 | Buy |
| Stoch RSI (14) | 59.21 | Neutral |
| UO (7,14,28) | 40.86 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 7 May - Company confirms it is not a Large Corporate and has no debt securities. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 7 May - Company confirms it is not a Large Corporate and has no debt securities.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/95e00681-a38a-400c-9892-2c496a0d7305.pdf) |
| 7 May - Company confirms it is not a large corporate and has no debt securities under SEBI circular. | [Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 7 May - Company confirms it is not a large corporate and has no debt securities under SEBI circular.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/8151d7fd-d03f-49bb-994f-dbcec0710414.pdf) |
| 7 Feb - Company Secretary Prakhar Agarwal resigned effective 06-Feb-2026, relinquishing CS and Compliance Officer roles. | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 7 Feb - Company Secretary Prakhar Agarwal resigned effective 06-Feb-2026, relinquishing CS and Compliance Officer roles.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/70452b53-6f8d-4d42-8204-f6da5a082ae0.pdf) |
| 14 Feb - Newspaper Publication for unaudited financial result for the quarter and nine months ended December 31, 2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Feb - Newspaper Publication for unaudited financial result for the quarter and nine months ended December 31, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f15419fc-08ab-4329-b0a2-945e7244ef98.pdf) |
| 11 Feb - Uday Sawant appointed Company Secretary & Compliance Officer effective Feb 10, 2026; ACS 30251, 15 years' experience. | [Appointment of Company Secretary and Compliance Officer 11 Feb - Uday Sawant appointed Company Secretary & Compliance Officer effective Feb 10, 2026; ACS 30251, 15 years' experience.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/320fbb14-fda2-4786-b8e9-3687e2091608.pdf) |
| 10 Feb - Unaudited Q3/9M results: profit Rs122.11L; negative net worth; SARFAESI dues Rs19,319L; TREPL loans Rs15,894.92L; fraud ~Rs758L. | [Unaudited Standalone And Consolidated Financial Result For The Quarter And Nine Months Ended December 31, 2025 10 Feb - Unaudited Q3/9M results: profit Rs122.11L; negative net worth; SARFAESI dues Rs19,319L; TREPL loans Rs15,894.92L; fraud ~Rs758L.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b127d641-d56f-42ab-97b1-702993ddf489.pdf) |
| 10 Feb - Board approved Q3/9M results to 31 Dec 2025; auditor qualified; Rs.758L fraud; loans Rs.15,894.92L; going-concern doubts | [Board Meeting Outcome for Outcome Of Board Meeting Held On Tuesday, 10Th February, 2026 10 Feb - Board approved Q3/9M results to 31 Dec 2025; auditor qualified; Rs.758L fraud; loans Rs.15,894.92L; going-concern doubts](https://www.bseindia.com/xml-data/corpfiling/AttachHis/31150f76-17b5-4d18-a3bc-14a3617f3187.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Sep](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=955a66b0-e6d3-400b-9b39-9ef5327f73df.pdf) |
| — | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachHis/95410008-671a-4a8d-a39d-fe00e4214fb1.pdf) |
| — | [Closure of Trading Window 25 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/79574a9f-3a8a-4111-96dc-e889a92b68f3.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Intimation Of Book Closure For 64Th Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9363442b-a942-4a3c-9d27-e9d203ba553d.pdf) |
| 2026-09-07 | [Notice Of 64Th Annual General Meeting To Be Held On 30Th September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8cd70713-9d3f-4130-84e3-fc12dda77e85.pdf) |
| 2026-09-07 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=51a9f822-6466-4426-8c1b-60d6b83b2658.pdf) |
| 2026-08-24 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b4771dc6-14c7-462c-be5e-c084011e98d7.pdf) |
| 2026-08-18 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b63825ab-8cbe-46d7-bfab-5ed0bc0f3128.pdf) |
| 2026-08-13 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=45648cbf-c55a-4716-ad44-2b4708304029.pdf) |
| 2026-08-05 | [Board Meeting Intimation for Consider And Approve: Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter Ended On June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=690643dc-e7be-408b-aa21-8f0e1e82af4a.pdf) |
| 2026-07-14 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f55eaf27-b5b0-46fd-a9fb-6daaecd27f36.pdf) |
| 2026-06-27 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8950fbbc-2c02-49a0-9224-0faeaf3c5837.pdf) |
| 2026-05-28 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=77ee69ba-2a72-4753-9046-93dc70635911.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Unaudited Standalone And Consolidated Financial Result For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=be27294a-f29e-4633-b25b-27b7a28c5357.pdf) |
| 2026-05-26 | [Audited Standalone And Consolidated Financial Result For The Quarter And Financial Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d79c89b0-84dd-4f0c-a3cf-2ac4f8ca4a06.pdf) |
| 2026-02-10 | [Unaudited Standalone And Consolidated Financial Result For The Quarter And Nine Months Ended December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b127d641-d56f-42ab-97b1-702993ddf489.pdf) |
| 2025-11-15 | [Unaudited Standalone And Consolidated Financial Result For The Quarter And Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c744f6aa-fa08-4aad-86a1-e93706833cb1.pdf) |
| 2025-08-13 | [Unaudited Statndalone And Consolidated Financial Result For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2170f17b-732d-441f-94f8-c00de1b194b1.pdf) |
| 2025-05-29 | [Audited Standalone And Consolidated Financial Result For The Financial Year Ended March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=20353a5d-6de7-4fea-87da-d42b4b79c089.pdf) |
| 2025-02-13 | [Unaudited Standalone And Consolidated Fincial Result For The Quarter Ended December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f9d3c58d-d52a-4e56-acfe-ba22f4c9d6fc.pdf) |
| 2024-11-15 | [Outcome Of Board Meeting Held On Friday, 15Th November, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7a89114d-e191-4dbb-94a2-e5e2a11663a3.pdf) |
| 2024-10-16 | [Unaudited Standalone And Consolidated Financial Result For The Quarter Ended June 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6b0c33ae-c2ff-4a01-8717-f59bb4d5bc5b.pdf) |
| 2024-08-13 | [Unaudited Financial Result For The Quarter Ended June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e255a543-cf3a-41a4-9b57-2a6cfa55f2f1.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2011 from nse](https://archives.nseindia.com/annual_reports/AR_ZENITHBIR_2010_2011_12092011062727.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9ed5f1d0-7ec8-43b0-9f48-8f82452c4abb.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ed209f0d-3588-4c5b-9240-cc7139dcb648.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4c3d2777-f324-4207-b276-04157dc7ba1a.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/531845/77277531845.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/531845/72022531845.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/531845/66775531845.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/531845/5318450319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/531845/5318450318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/531845/5318450317.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:57:21.426Z.