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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Zenith Steel Pipes & Industries Limited is an India-based company that is engaged in the manufacturing and selling of electric resistance welded (ERW) and hot dip galvanized pipes. It also manufactures spirally welded pipes (HSAW) from 18 inch to 100-inch outside diameter…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A weak business, trading cheap versus its own history — but flagged on governance.
ZENITH STEEL PIP IND LTD is scored on the commodity / cyclical framework. It keeps a slim 5.7% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -0.25×) — worth a closer look. Free cash flow is worth about -3.1% of its market value.
Return on equity is a weak -1.0%. In the latest quarter profit fell 68% versus the prior quarter.
At 16× earnings, the stock sits at the 4th percentile of its own 1.6-year range — the cheap end of where it has historically traded. Today's price implies ~9%/yr earnings growth for a decade. The forensic screen raises a red flag: 535% of pre-tax profit is other income, not operations.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 19.88 | 21.11 | better |
| P/B | — | 2.12 | — |
| EV/EBITDA | 36.05 | 8.94 | worse |
| ROE | -0.96 | 18.05 | worse |
| ROCE | -17.31 | 11.11 | worse |
| ROA | 2.28 | 3.13 | worse |
| Quick Ratio | 0.22 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| JSW Steel | 10.5 | 2.9 | 11.9% |
| Tata Steel | 20.6 | 2.3 | 10.6% |
| Jindal Steel & Power | 41.5 | 2.3 | 6.2% |
Revenue declined 40% in the latest year — a break from prior trajectory. Negative CAGR — the top line has shrunk over this window. Growth is decelerating — latest year grew slower than the year before.
2 of the 4 years shown had a loss — profitability is inconsistent. The latest year saw a +1804% swing — check if it's a one-off or structural.
Operating margin has expanded from -6% to 6% — the business is keeping more of each rupee earned.
EPS has grown every year — each share earns more than the last, consistently. Profit grew faster than EPS (1804% vs 1450%) — share dilution is eroding per-share value. 1450% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
1 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 41% QoQ — could be seasonality or a genuine slowdown. Wide quarterly swings (59% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate fading — recent quarters 35% below earlier ones.
Profit fell 68% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 1.6y median.
Promoters hold just 15.6% — widely held; sentiment-driven.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.