Zenith Steel Pipes & Industries
5.41
+0.05(+0.93%)
Market Cap₹76.97 Cr
PE Ratio19.04
Company Performance:
1D+0.93%
1M+0.74%
6M+5.46%
1Y-32.63%
5Y+370.43%
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More news about Zenith Steel Pipes & Industries
10Feb 26
Zenith Steel Pipes & Industries Reports Q3 FY26 Turnaround with ₹122.39 Lakhs Profit
Zenith Steel Pipes & Industries Limited reported a significant turnaround in Q3 FY26 with profit before tax of ₹122.39 lakhs versus a loss of ₹16.82 lakhs in Q3 FY25. While revenue from operations declined 75.4% to ₹876.63 lakhs, other income surged 562.8% to ₹621.50 lakhs, driven by foreign exchange gains and provision reversals. For nine months, the company achieved profit before tax of ₹278.49 lakhs compared to a loss of ₹248.98 lakhs previously. The company continues to face legal challenges including SARFAESI proceedings and fraud investigation while maintaining operations on a going concern basis.
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07Feb 26
Zenith Steel Pipes & Industries Announces Resignation of Company Secretary and Compliance Officer
Zenith Steel Pipes & Industries Limited announced the resignation of Company Secretary and Compliance Officer Mr. Prakhar Agarwal, effective February 06, 2026. The company informed BSE and NSE about this key managerial personnel change in compliance with SEBI regulations. Mr. Agarwal cited pursuit of external opportunities as the reason for his departure from the steel pipes manufacturing company.
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16Aug 25
Zenith Steel Pipes Reports Rs. 97.94 Lakh Net Profit in Q1
Zenith Steel Pipes & Industries Limited announced positive Q1 financial results. The company reported total income from operations of Rs. 2,544.76 lakh and a net profit before and after tax of Rs. 97.94 lakh. Basic and diluted earnings per share stood at Rs. 0.07. The Board of Directors approved the unaudited standalone and consolidated financial results, which underwent a limited review by statutory auditors. The company published the extract of its financial results in newspapers, adhering to regulatory requirements.
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14Aug 25
Zenith Steel Pipes Reports Q1 Results Amid Financial Challenges and Auditor Changes
Zenith Steel Pipes & Industries Limited's Q1 results reveal significant financial concerns, including material non-compliance with deposit regulations and doubts about its ability to continue as a going concern. The company has entered an MOU with Tribus Real Estate for takeover of secured bank loans worth Rs. 16,884.92 lakhs. Banks have initiated action under SARFAESI Act for recovery of Rs. 19,319.00 lakhs. Zenith Steel has made corporate governance changes, including appointing a new Secretarial Auditor. The company faces ongoing regulatory scrutiny from SEBI related to past GDR issuance violations.
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07Aug 25
Zenith Steel Pipes & Industries Sets Board Meeting for August 13 to Review Q1 Results and Address Key Changes
Zenith Steel Pipes & Industries Limited has scheduled a Board of Directors meeting for August 13, 2025, in Mumbai. The agenda includes reviewing Q1 FY2025-26 financial results, appointing M/s. Varun Kabra & Associates as the new Secretarial Auditor, accepting the resignation of M/s. Anil Somani & Associates, and adopting new codes of conduct for trading and fair disclosures. The company has closed its trading window from July 1, 2025, until 48 hours after the results announcement.
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1 Year Returns:-32.63%
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