ZENITHSTL.NS
Key Ratios

Net Profit Margin: Company is not able to make any profit from its revenue which means either business is super inefficient or less demand of the product or services this company provides or sometimes a small company who is trying to capture market providing its services at minimal costs

Acid Test Ratio: High risk of liquidity, which means it would be very difficult for the company to pay short-term obligations.

Inventory Turnover: Average efficiency of inventory movement, it varies by industry

Coverage Analysis: High financial risk as company is not able to pay its interest payments from its earning (EBIT + Lease Payments)

Debt to Equity Ratio: Company has low debt when compared to its equity which means it is financially stable

P/E Ratio: Undervalued stock and low growth is expected as company’s stock price is very closer to its earnings per share

Performance Graph
Financial Ratios
Ratio Value
PE Ratio-164.04
Net Profit Margin-0.01
Acid Test Ratio0.22
Inventory Turnover5.97
Coverage Ratio0.84
Debt to Equity-0.75
Key Ratios

Net Profit Margin: Company is not able to make any profit from its revenue which means either business is super inefficient or less demand of the product or services this company provides or sometimes a small company who is trying to capture market providing its services at minimal costs

Return on Assets: Very high efficiency of the assets which indicates assets are making high contribution to the revenue

Return on Equity: Very low income of the company when compared with its equity, which means inefficient equity

Performance Graph
Profitability Ratios
Ratio Value
Net Profit Margin-0.01
Return on Assets0.85
Return on Equity0.00
Performance Graph
Key Ratios

Acid Test Ratio: High risk of liquidity, which means it would be very difficult for the company to pay short-term obligations.

Current Ratio: It would not be able to cover its short-term liabilities because of financial distress

Performance Graph
Liquidity Ratios
Ratio Value
Acid Test Ratio0.22
Current Ratio0.27
Performance Graph
Key Ratios

Inventory Turnover: Average efficiency of inventory movement, it varies by industry

Performance Graph
Efficiency Ratios
Ratio Value
Inventory Turnover5.97
Performance Graph
Key Ratios

Coverage Analysis: High financial risk as company is not able to pay its interest payments from its earning (EBIT + Lease Payments)

Performance Graph
Coverage Ratios
Ratio Value
Coverage Ratio0.84
Performance Graph
Key Ratios

Debt to Equity Ratio: Company has low debt when compared to its equity which means it is financially stable

Interest Coverage Ratio: Company is at risk of getting default as it is struggling to cover interest payments

Performance Graph
Solvency Ratios
Ratio Value
Debt to Equity Ratio-0.75
Interest Coverage Ratio0.84
Performance Graph
Key Ratios

P/E Ratio: Undervalued stock and low growth is expected as company’s stock price is very closer to its earnings per share

Dividend Yield: NA

Performance Graph
Market Ratios
Ratio Value
P/E Ratio-164.04
Gross Profit Margin-0.26
Price to Book Ratio-0.44
Dividend Yield0.00
Performance Graph

Balance Sheet Analysis of Zenith Steel Pipes & Industries Limited

The balance sheet in the financial statement of the company shows its financial position at a particular point in time.

It consists of the following:

  • Assets: Something that the company owns and that gives financial benefits over a period of time.
  • Liabilities: Something that a company owes and that has a financial burden on the company.
  • Equity: It is basically the owner’s share in the company.

The formula is:

Assets = Liabilities + Equity
đź“ŚAssets:
Asset
Value & Year
2024
2023
2022
Total Assets 1819644000 1689051000 1924214000
Total Non Current Assets 716044000 708955000 466574000
Other Non Current Assets 1000 -1000 1000
Non Current Prepaid Assets 59262000 47946000 21212000
Non Current Deferred Taxes Assets - - -
Financial Assets - - -
Investment In Financial Assets 19000 20000 20000
Held To Maturity Securities -1000 - -1000
Available For Sale Securities 20000 20000 20000
Financial Assets Fair Value - - -
Long Term Equity Investment - - -
Investments In Associates At Cost - - -
Goodwill And Other Intangible Assets 119000 1267000 1151000
Other Intangible Assets 119000 1267000 1151000
Goodwill - - -
Net Ppe 444211000 456761000 442642000
Accumulated Depreciation -1099609000 -1074937000 -1050420000
Gross Ppe 1543820000 1531698000 1493062000
Construction In Progress 8231000 11659000 -
Other Properties 435980000 445101000 442642000
Machinery Furniture Equipment 838340000 822790000 795813000
Buildings And Improvements 514667000 514667000 514667000
Land And Improvements 182582000 182582000 182582000
Properties - - -
Current Assets 1103600000 980096000 1457640000
Other Current Assets 135613000 10000 2700000
Hedging Assets Current - - -
Assets Held For Sale Current - - -
Restricted Cash 6594000 6094000 16519000
Prepaid Assets 99759000 42117000 51693000
Inventory 198647000 209449000 279925000
Other Inventories 4789000 3818000 457000
Finished Goods 139018000 61568000 -
Work In Process 13134000 95798000 -
Raw Materials 41706000 48265000 279468000
Other Receivables 159848000 165855000 268440000
Taxes Receivable 43602000 32996000 320473000
Accounts Receivable 590843000 470877000 501064000
Allowance For Doubtful Accounts Receivable -798000 -798000 -133825000
Gross Accounts Receivable 591641000 471675000 634889000
Cash Cash Equivalents And Short Term Investments 4307000 52698000 19526000
Other Short Term Investments 6594000 6094000 21519000
Cash And Cash Equivalents 4307000 52698000 19526000
Cash Equivalents -4352000 31173000 2086000
Cash Financial 8660000 21525000 17440000
đź“Ś Liabilities & Equity
Liability/Equity
Value & Year
2024
2023
2022
Net Debt 1931231000 1924597000 2035183000
Total Debt 1935538000 1977295000 2054709000
Total Liabilities Net Minority Interest 4388241000 4250283000 4343454000
Total Non Current Liabilities Net Minority Interest 332488000 177643000 220866000
Other Non Current Liabilities - -1000 -
Derivative Product Liabilities - - -
Non Current Pension And Other Postretirement Benefit Plans 58682000 54324000 62167000
Trade And Other Payables Non Current - - -
Non Current Deferred Revenue - - -
Non Current Deferred Taxes Liabilities 50486000 50486000 50486000
Long Term Debt And Capital Lease Obligation 223320000 72834000 108213000
Long Term Capital Lease Obligation - - -
Long Term Debt 223320000 72834000 108213000
Long Term Provisions 58682000 54324000 62167000
Current Liabilities 4055753000 4072640000 4122588000
Other Current Liabilities 13780000 11099000 49967000
Current Deferred Taxes Liabilities 54939000 50629000 46322000
Current Debt And Capital Lease Obligation 1712218000 1904461000 1946496000
Current Capital Lease Obligation - - -
Current Debt 1712218000 1904461000 1946496000
Pension And Other Post Retirement Benefit Plans Current - - -
Current Provisions 6189000 7565000 874000
Payables 1837749000 1876824000 1688867000
Other Payable 907799000 909686000 754469000
Dividends Payable - - -
Total Tax Payable 35908000 35908000 35908000
Accounts Payable 894042000 931230000 898490000
Common Stock Equity -2568597000 -2561232000 -2419240000
Total Capitalization -2345277000 -2488398000 -2311027000
Total Equity Gross Minority Interest -2568597000 -2561232000 -2419240000
Minority Interest - - -
Stockholders Equity -2568597000 -2561232000 -2419240000
Other Equity Interest -3991401000 -1000 -1000
Treasury Stock - - -
Retained Earnings -5681260000 -5745087000 -5601252000
Additional Paid In Capital 1430830000 1430830000 1430830000
Capital Stock 1422804000 1422804000 1422804000
Common Stock 1422804000 1422804000 1422804000

Income statement interpretation for Zenith Steel Pipes & Industries Limited

The income statement in the financial statement of the company shows its company financial performance over a period in time.

It consists of the following:

  • Revenue: It is the total amount of money earned from the core business activity of the company.
  • Expenses: It is the total amount required for running the full functionality of the company.
  • Profit or loss:In very simple terms, when a company pays its expenses using its revenue, then what’s left is profit, and in case expenses are more when compared with revenue, then it is loss.
đź“ŚRevenue & Profitability
Revenue/Profitability
Value & Year
2024
2023
2022
Total Revenue 938304000 1478839000 1499720000
Operating Revenue 938304000 1478839000 1499720000
Cost Of Revenue 1185202000 1371648000 1050870000
Gross Profit -246898000 107191000 448850000
Ebitda 50303000 -52049000 236029000
Ebit 24484000 -76566000 209360000
Operating Income 21178000 -135538000 204382000
Net Income -6965000 -143835000 116277000
Net Income From Continuing Operation Net Minority Interest -4631000 -111062000 124791000
Net Income From Continuing And Discontinued Operation -6965000 -143835000 116277000
Net Income Common Stockholders -6965000 -143835000 116277000
Net Income Including Noncontrolling Interests -6965000 -143836000 116277000
Net Income Discontinuous Operations -2334000 -32773000 -8514000
Net Income Continuous Operations -4631000 -111063000 124791000
Normalized Income -4583000 -103289000 199824563
Normalized Ebitda 50351000 -44276000 320992000
Total Unusual Items -48000 -7773000 -84963000
Total Unusual Items Excluding Goodwill -48000 -7773000 -84963000
đź“ŚExpenses & Taxes
Expenses/Taxes
Value & Year
2024
2023
2022
Reconciled Depreciation 25819000 24517000 26669000
Reconciled Cost Of Revenue 1185202000 1371648000 1050870000
Total Expenses 917126000 1614377000 1295338000
Operating Expense -268076000 242729000 244468000
Other Operating Expenses -14860000 103905000 2444000
Depreciation And Amortization In Income Statement 25819000 24517000 26669000
Amortization - - -
Depreciation Income Statement 25819000 24517000 26669000
Selling General And Administration 152475000 201351000 265923000
Selling And Marketing Expense 88024000 145568000 264344000
General And Administrative Expense 64451000 55783000 1579000
Rent And Landing Fees 721000 685000 734000
Tax Provision - - 16514000
Pretax Income -4631000 -111063000 141305000
Other Non Operating Income Expenses 73000 2131000 4783000
Special Income Charges -48000 -7773000 -84963000
Other Special Charges - -225000 78594000
Write Off 48000 7998000 6369000
Net Non Operating Interest Income Expense -28629000 -34835000 -69294000
Total Other Finance Cost 166000 338000 1860000
Interest Expense Non Operating 29115000 34497000 68055000
Interest Income Non Operating 652000 - 621000
đź“Ś Earnings Per Share
Earnings Per Share
Value & Year
2024
2023
2022
Diluted Eps -0.05 -1.01 0.82
Basic Eps -0.05 -1.01 0.82
Diluted Ni Avail To Com Stockholders -6965000 -143835000 116277000
Net Income From Continuing Operations -6965000 -143835000 132791000
Minority Interests - - -

Cash flow analysis for Zenith Steel Pipes & Industries Limited

The cashflow statement in the financial statement of the company shows how cash is moving in or moving out of the company over a period of time.

It consists of the following:

  • Operating activities: Cash flow from the core business operations.
  • Investing activities: Cashflow from investments made by the company.
  • Financing activities: These are cash from loans or by issuing shares or paying out dividends.
đź“ŚOperating Cash Flow
Operating Cash Flow
Value & Year
2024
2023
2022
Operating Cash Flow 47439000 178995000 -11734000
Changes In Cash -47891000 22748000 1146000
Taxes Refund Paid 14008000 13131000 -48301000
Change In Working Capital -14012000 250568000 -115265000
Change In Other Current Liabilities 209765000 -33772000 -67531000
Change In Other Current Assets -85920000 74168000 27041000
Change In Payable -37188000 16948000 494667000
Change In Inventory 10802000 70476000 -171865000
Change In Receivables -114051000 123845000 -397418000
Other Non Cash Items 28588000 34838000 70966000
Stock Based Compensation - - -
Provision And Write Off Of Assets - - -
Depreciation And Amortization 25819000 24517000 26669000
Amortization Cash Flow - - -
Depreciation 25819000 24517000 26669000
đź“ŚInvesting Cash Flow
Investing Cash Flow
Value & Year
2024
2023
2022
Investing Cash Flow -24178000 -42870000 87461000
Net Other Investing Changes -10973000 -6079000 -1549000
Interest Received Cfi 652000 - 621000
Dividends Received Cfi - - -
Net Investment Purchase And Sale - - -
Sale Of Investment - - -
Purchase Of Investment - - -
Net Business Purchase And Sale - - -
Sale Of Business - - -
Purchase Of Business - - -
Net Ppe Purchase And Sale -13857000 -36675000 89123000
Sale Of Ppe - 300000 93500000
Purchase Of Ppe -13857000 -36975000 -4377000
Net Intangibles Purchase And Sale - -116000 -734000
Purchase Of Intangibles - -116000 -734000
đź“Ś Financing Cash Flow
Financing Cash Flow
Value & Year
2024
2023
2022
Financing Cash Flow -71152000 -113377000 -74581000
Net Other Financing Charges - - -
Interest Paid Cff -29240000 -34836000 -69860000
Cash Dividends Paid - - -
Common Stock Dividend Paid - - -
Net Common Stock Issuance - - -
Common Stock Payments - - -
Common Stock Issuance - - -
Repurchase Of Capital Stock - - -
Repayment Of Debt -41912000 -78541000 -4721000
Issuance Of Debt - - -
Issuance Of Capital Stock - - -
Net Issuance Payments Of Debt -41912000 -78541000 -4721000
Net Short Term Debt Issuance - - -
Short Term Debt Issuance - - -
Net Long Term Debt Issuance -41912000 -78541000 -4721000
Long Term Debt Payments -41912000 -78541000 -4721000
Long Term Debt Issuance - - -
Net Preferred Stock Issuance - - -
Preferred Stock Payments - - -

Summary

Fundamental Overview of ZENITHSTL.NS (Zenith Steel Pipes & Industries Limited)

Above is the summary for fundamental analysis of Zenith Steel Pipes & Industries Limited , whose ticker name is ZENITHSTL.NS and belongs to sector Basic Materials, and it is listed in NSE (National Stock Exchange).

The Zenith Steel Pipes & Industries Limited which is listed in NSE (National Stock Exchange) has a PE ratio of -164.04, ZENITHSTL.NS has a net profit margin of -0.01, the acid test ratio for ZENITHSTL.NS is 0.22, ZENITHSTL.NS has an inventory turnover of 5.97, and ZENITHSTL.NS has debt-to-equity ratio of -0.75.

The ZENITHSTL.NS whose company name is Zenith Steel Pipes & Industries Limited has made profit/loss of -246898000 with total revenue of 938304000, ZENITHSTL.NS has assets worth of 1819644000.

1. What is fundamental analysis?

Fundamental analysis is looking into a company’s real business performance by analyzing financial statements, earning reports, and key valuation ratios.

Basically, fundamental analysis involves examining a company’s revenue, profits, losses, debts, assets, liabilities, and ratios calculated using these values to determine long-term investment strategies.

Fundamental analysis may not work for short-term trading of stock; it is usually incorporated by long-term investors.

2. Importance of Fundamental Analysis

Imagine you are locking a good amount of funds into an unknown company for many years. Sounds stupid, right?

This is where fundamental analysis comes into the picture, which turns an unknown enemy into a known friend.

As fundamental analysis involves calculating how a company is actually performing, the real revenue, profits, assets, liabilities, debts, and more. This helps investors to determine what the actual current financial condition of the company is, how much the company’s stock price is justified when compared to earnings (Corporate earnings reports India) that it is making through business, what the probability is that the company will go bankrupt in the future, how much growth the company has shown in the past, and other financial ratios.

All these calculations and analyses determine the financial health of the company, historical business growth, company’s efficiency, and its stock price compared with real earnings (Corporate earnings reports India), which helps traders to make investment decisions for long-term investment strategies.

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