Zenith Steel Pipes & Industries (BSE: 531845) is a Mumbai, Maharashtra-based company in the Iron Ores, Steel Works, Blast Furnaces, And Finishing Mills industry. With a market capitalisation of ₹72 Cr, it ranks #3,557 by market cap among the 6,137 Indian listed companies on FinBizNet, and #117 of 162 in Iron Ores, Steel Works, Blast Furnaces, And Finishing Mills. At ₹4.90 (as of 25 Oct 2026), the share price is 51.9% below its 52-week high of ₹10.19 and 11.1% above its 52-week low of ₹4.41. The share price is down 42.9% over one year and down 16.0% over three months.
| Current Price | ₹4.90 |
|---|---|
| Market Cap | ₹72 Cr |
| BSE Code | 531845 |
| Sector | Materials > Metals and Mining |
| Sub-Industry | Steel > Iron Ores, Steel Works, Blast Furnaces, And Finishing Mills |
| P/E Ratio | 16.4 |
| Return on Equity | -1.76% |
| Return on Assets | 0.87% |
| 52-Week Range | ₹4.41 – ₹10.19 |
| 1-Year Price Change | -42.9% |
| 3-Month Price Change | -16.0% |
| Beta (1Y) | 1.17 |
| Dividend Yield | 0.00% |
| Headquarters | Mumbai, Maharashtra |
| Website | www.zenithsteelpipes.com |
| Revenue | ₹7 Cr |
|---|---|
| Net Profit | ₹0 Cr |
| Net Margin | 6.4% |
| EPS (Basic) | ₹0.03 |
| Basis | consolidated |
Figures in ₹ crore, parsed from the company's exchange filing (XBRL).
Zenith Steel Pipes & Industries Limited, together with its subsidiaries, manufactures and sells steel pipes in India and internationally. It offers electric resistance welded black and galvanized pipes; and helical submerged arc welded pipes. The company’s products are used for various applications, such as agriculture and irrigation water distribution, sprinklers, drill rods, bore-well, construction water distribution, space frames, fences, firefighting and chilled water systems, structural scaffolding and props, green house, industrial general engineering, container making, distribution of gas and crude, transportation of raw and potable water, poles, transmission tower, transportation of oil and gas, transportation of sewage disposal irrigation, piling, ash/slurry transportation, and electricity conduits, as well as the auto industry. It also exports its products to approximately 79 countries, including the United States. The company was formerly known as Zenith Birla (India) Limite
1. Pipes-This segment manufactures and sells electric resistance welded black and hot galvanized pipes. 2. Chemicals-This segment manufactures and sells cutting tools. 3. Tools-0 4. Khamgaon Syntex (Textile)-0
1. Pipes-100%
| Company | Market Cap | P/E | ROE | Latest Qtr Revenue | 1Y Change |
|---|---|---|---|---|---|
| JSW Steel Ltd. | ₹2,96,731 Cr | 13.5 | 27.26% | ₹54,486 Cr | +1.1% |
| Tata Steel Ltd | ₹2,19,211 Cr | 20.1 | 11.16% | ₹60,794 Cr | -3.6% |
| Jindal Steel & Power Ltd (JSPL) | ₹1,06,620 Cr | 31.3 | 6.77% | ₹16,679 Cr | -0.7% |
| Lloyds Metals & Energy Ltd | ₹1,04,302 Cr | 27 | 37.05% | ₹7,354 Cr | +34.7% |
| SAIL | ₹70,611 Cr | 20.7 | 5.66% | ₹26,246 Cr | +25.1% |
| NMDC Ltd | ₹63,037 Cr | 8.3 | 23.36% | ₹6,795 Cr | -12.6% |
| Jindal Stainless Ltd (JSL) | ₹60,688 Cr | 19 | 17.41% | ₹12,874 Cr | -15.0% |
| KIOCL Limited | ₹22,387 Cr | 1,289.9 | 0.96% | ₹158 Cr | -29.4% |
| Zenith Steel Pipes & Industries | ₹72 Cr | 16.4 | -1.76% | ₹7 Cr | -42.9% |
Listed by market capitalisation. Ratios are shown for context only.
Zenith Steel Pipes & Industries is trading at ₹4.90, with a market capitalisation of ₹72 Cr.
Zenith Steel Pipes & Industries operates in the Materials > Metals and Mining space (Steel > Iron Ores, Steel Works, Blast Furnaces, And Finishing Mills).
Zenith Steel Pipes & Industries has a P/E of 16.4 and a return on equity of -1.76%.
Zenith Steel Pipes & Industries is listed on the BSE under the scrip code 531845.
Zenith Steel Pipes & Industries's share price is down 42.9% over one year and down 16.0% over three months. Its 52-week range is ₹4.41 to ₹10.19.
In Q1 FY27, Zenith Steel Pipes & Industries reported revenue of ₹7 Cr and net profit of ₹0 Cr, with basic EPS of ₹0.03 (consolidated, parsed from the company's exchange filing).
Data as of 25 Oct 2026. Descriptive market data only — not investment advice.