ZENITHSTL quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Zenith Steel Pipes & Industries Ltd reported sales of ₹7.18 Cr, operating profit of ₹-0.12 Cr (OPM -1.67%) and net profit of ₹0.44 Cr for the quarter ended Jun 2026. Figures in ₹ crore, consolidated where available.
ZENITHSTL quarterly results (₹ Cr)
Metric
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sales
30.07
35.69
24.82
18.92
14.04
9.4
11.29
7.18
YoY Sales growth
8.4
-22.14
-42.36
-33.61
-53.31
-73.66
-54.51
-62.05
Expenses
30.64
35.68
26.86
23.37
19.47
13.02
13.88
7.3
Operating Profit
-0.57
0.01
-2.04
-4.45
-5.43
-3.62
-2.59
-0.12
OPM
-1.9%
0.03%
-8.22%
-23.52%
-38.68%
-38.51%
-22.94%
-1.67%
Other Income
1.24
0.91
5.93
6.51
7.25
6.22
5.06
1.64
Interest
0.62
0.63
0.62
0.62
0.63
0.64
0.6
0.61
Depreciation
0.49
0.49
0.49
0.49
0.47
0.49
0.48
0.48
Profit before tax
-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%
Net Profit
-0.44
-0.2
2.78
0.96
0.72
1.47
1.39
0.44
EPS in Rs
-0.03
-0.01
0.2
0.07
0.05
0.1
0.1
0.03
ZENITHSTL profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
163.12
164.92
143.22
119.09
53.38
41.91
Sales growth
109.48
1.1
-13.16
-16.85
-55.18
-61.73
Expenses
148.04
177.17
143.47
122.18
69.63
53.67
Operating Profit
15.08
-12.25
-0.25
-3.09
-16.25
-11.76
OPM
9.24%
-7.43%
-0.17%
-2.59%
-30.44%
-28.06%
Other Income
7.86
3.8
5.06
9.91
25.03
20.17
Interest
6.99
3.48
2.92
4.64
2.48
2.48
Depreciation
2.67
2.45
2.58
1.95
1.92
1.92
Profit before tax
13.28
-14.38
-0.69
0.23
4.38
4.01
Tax
12.42%
0%
0%
0%
0%
-
Net Profit
11.63
-14.38
-0.7
0.23
4.38
4.02
EPS in Rs
0.82
-1.01
-0.05
0.02
0.31
0.28
Dividend Payout
0%
0%
0%
0%
0%
-
ZENITHSTL balance sheet (₹ Cr)
Metric
Mar 2023
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Equity Capital
142.28
142.28
142.28
142.28
142.28
Reserves
-398.4
-399.14
-399.03
-393.82
-391.21
Borrowings
219.35
215.15
265.74
215.31
268.65
Other Liabilities
205.67
223.68
149.56
190.97
134.22
Total Liabilities
168.9
181.97
158.55
154.74
153.94
Fixed Assets
44.64
43.61
41.8
40.93
40.03
CWIP
0.99
0.82
1.2
1.29
1.29
Investments
0
0
0
0
0
Other Assets
123.27
137.54
115.55
112.52
112.62
Total Assets
168.9
181.97
158.55
154.74
153.94
ZENITHSTL cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
-1.17
17.9
4.74
3.94
-1.09
Cash from Investing Activity
7.71
-3.24
-2.47
-1.56
-1.13
Cash from Financing Activity
-7.46
-11.34
-7.12
-0.14
0.42
Net Cash Flow
-0.92
3.32
-4.84
2.24
-1.81
Free Cash Flow
7.67
14.22
3.35
3.42
-1.32
CFO/OP
24%
-135%
-2,456%
-119%
6%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit