Zenith Steel Pipes & Industries share news and announcements
NSE: ZENITHSTLBSE: 531845Industrial ProductsSmall Cap
Formerly Zenith Birla (India)
Last close ₹4.90down ₹0.23 (4.48%)BSE ₹4.88
Share price at the NSE close on 23 Oct 2026. Previous close ₹5.13.
52-week range of traded prices to 23 Oct 2026
₹4.41Low, 29 Jan 2026₹10.33High, 23 Oct 2025
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹70 Cr3,050th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Earlier quarters restated in the year
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- Net worth zero or below
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business.
- Net worth zero or below
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- Net worth zero or below
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 72,02490.9% delivered
Zenith Steel Pipes & Industries share news and announcements
583 announcements, routine notices left out, newest first. Page 12 of 12.
Aug 2008
8 Aug · Limited Review Report
Auditor's have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2008 and found the same to be in order subject to certain observations. The auditor's observations are as follows : "Cost of finished goods and goods under process at Tools Division of the Company is determined using the retail method whereby the cost is computed by reducing from the sales value of the inventory, the global gross margin. This method is not in accordance with Accounting Standard 2 (AS-2) on "Valuation of Inventories" issued by the Institute of Chartered Accountants of India. The impact of this on the profit for the quarter is not quantifiable."7 Aug · Meeting
Board of Directors in their meeting held on June 27, 2008 has announce the Book Closure from September 9, 2008 to September 15, 2008 (Both days inclusive) for the purpose of Annual General Meeting to be held on September 15,2008 and for payment of dividend @ 2% per equity share.5 Aug · Management
Mr. Lalit Sharma has been appointed as the Company Secretary of the Company w.e.f July 14, 2008. Mr. Sharma would also act as the Compliance Officer of the Company.
Jul 2008
25 Jul · Utilisation of Funds
Vide notes to Accounts in the unaudited financial results for the quarter ended June 30, 2008 (taken on record by the Board of Directors of the Company at its meeting held on July 25, 2008) regarding the details of utilisation of Public Issue Proceeds of Rs. 131 crores towards ongoing project. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.18 Jul · Board meeting
Amongst other things, to take on record the Un-audited Financial Results of the Company for the quarter April - June'08.
Jun 2008
27 Jun · Updates
Summary of financial results for the year ended March 31, 2008 considered and approved by Board of Directors at their meeting held on June 27, 2008. A copy of the Summary of financial results shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.27 Jun · Management
Vide notes to Accounts in the Audited Financial Results for the year ended March 31,2008 (taken on record by the Board of Directors of the Company at its meeting held on June 27, 2008) regarding Auditor's Observations in the accounts for the period ended March 31, 2008 for:- Basis of valuation of Inventory at one of the Division and pending Confirmation of balances under various heads of accounts and their impact if any not ascertainable.27 Jun · Proceedings of Board Meeting
Board of Directors of the Company at its meeting held on June 27, 2008: 1) The Board of Directors have proposed to increase the Authorised Share Capital of the Company from Rs.50 Crores to Rs.100 Crores, subject to the approval of the shareholders in the forthcoming Annual General Meeting. 2) The Board of Directors have proposed to issue ADRs/GDRs/FCCB or other securities upto Rs.200 Crores (Rupees Two Hundred Crores Only), subject to the approval of the shareholders in the forthcoming Annual General Meeting.27 Jun · Utilisation of Funds
Vide notes to Accounts in the Audited Financial Results for the year ended March 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on June 27, 2008) regarding the details of utilisation of Public issue proceeds of Rs.131 crores. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.27 Jun · Dividend
Board of Directors at its meeting held on June 27, 2008 have recommended a total dividend of 7% i.e. Rs. 0.70 per equity share of Rs. 10/- each for the year ended March 31, 2008, which includes Interim Dividend of 5% declared in January 2008.23 Jun · Board meeting
Inter alia, for undertaking the following businesses: (1) To consider, approve and take on record the Annual Audited Financial Results of the Company and Auditors Report thereon for the year ended on March 31, 2008. (2) To recommend payment of Dividend, if any. (3) To consider raising of funds through GDR/ADR/FECB or any other securities. (4) To consider the increase in Authorised Share Capital of the Company.
Apr 2008
25 Apr · Results
Company confirm and undertake to furnish & publish the Audited Financial Results for the full financial year 2007-2008 within a period of 3 months i.e. by June 30, 2008. Accordingly, the un-audited financial results for the last quarter ended on March 31, 2008 shall not be submitted and published.
Feb 2008
8 Feb · Limited Review Report
Auditor's have conducted the limited review of the unaudited financial results for the quarter ended December 31, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jan 2008
28 Jan · Utilisation of Funds
Vide notes to Accounts in the Unaudited Financial Results for the quarter ended December 31,2007 (taken on record by the Board of Directors of the Company at its meeting held on January 28, 2008) regarding the details of utilisation of Public issue proceeds of Rs.131 crores towards ongoing project. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).28 Jan · Miscellaneous
Meeting of the Board of Directors was held on January 28, 2008 to consider and take on record the Un-Audited (Provisional) Financial Results for the Quarter and Nine Months period ended on December 31, 2007. A copy of the Summary of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.28 Jan · Dividend
Board, at its meeting held on January 28, 2008 declared the payment of Interim Dividend @5% i.e. Rs.0.50 per Equity Shares. The Board has fixed February 14, 2008 as a Record Date for the purpose of ascertaining the eligible Shareholders for the payment of Interim Dividend. The proposal for the Issue of Bonus Shares and Sub-Division of existing Equity Shares shall be reviewed in the next Board Meeting. The feasibility of Merger of Tungabhadra Holdings Pvt. Ltd. and De-Merger of the Tools Division shall also be reviewed in the next Board Meeting.18 Jan · Board meeting
Amongst other things, to conduct the following business: (1) To take on record the Un-audited Financial Results of the Company for the Quarter and Nine Months Period ended on December 31, 2007 alongwith the Limited Review Report of the Statutory Auditors. (2) To consider the Payment of Interim Dividend. (3) To approve the Sub-Division of Equity Shares from 1 fully paid Equity Shares of Rs.10/- each into 5 fully paid Equity Shares of Rs.2/- each. (4) To approve the Issue of Bonus Equity Shares. (5) To discuss the Feasibility of Merger of Tungabhadra Holdings Pvt. Ltd. with the Company based on the presentation to be made to the Board by the consultants. (6) To discuss the Feasibility of De-Merger of the Company's Tools Division based on the presentation to be made to the Board by the consultants.
Nov 2007
2 Nov · Utilisation of Funds
Vide notes to Accounts in the Unaudited Financial Results for the quarter ended September 30,2007 (taken on record by the Board of the directors of the Company at its meeting held on October 31, 2007) regarding the utilisation of Public Issue proceeds of Rs.131 crores towards ongoing project. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Oct 2007
31 Oct · Proceedings of Board Meeting
Vide its letter dated October 31, 2007 that: "A meeting of the Board of Directors was held today to consider and take on record the Un-Audited (Provisional) Financial Results for the Quarter and Half year ended on 30th September, 2007. The details of the summary shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.19 Oct · Board meeting
Amongst other things, to take on record the Un-audited Financial Results of the Company for the Quarter and Half Year ended on September 30, 2007 alongwith the Limited Review Report of the Statutory Auditors.
Sep 2007
14 Sep · Proceedings of Board Meeting
Vide their letter dated September 14, 2007, that: "A Meeting of the Board of Directors was held today to consider a proposal to Hive Off of Company's Tools Manufacturing Division. The Board discussed the proposal of De-merger / Hive off of Tools division at length. After having discussion at length, it was decided to obtain detailed study report from an Independent Consultant for the purpose before finalizing any proposal. The Board than decided to appoint Ernst & Young as the independent consultant and final decision shall be taken only after receiving their recommendation from them on various options such as outright sale, de-merger, hiving off to other subsidiary etc. The Board also considered the proposal of Merger / Acquisition of Tungabhadra Holdings Pvt. Ltd. which is also into the manufacturing of Steel Pipes and with its operations at Murbad and Tarapur and having Synergy with the Steel Pipes business of Zenith. The proposal to Hive off Tools Division and Merger / Acquisition of Tungabhadra Holdings Pvt. Ltd. shall now be taken up in the next Board Meeting for consideration".14 Sep · Meeting
Proceedings of the Annual General Meeting of the Members of the Company held on September 14, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.7 Sep · Board meeting
To consider a proposal to Hive Off of Company's Tools Manufacturing Division.
Aug 2007
9 Aug · Meeting
Annual General Meeting of the Shareholders of the Company which was scheduled to be held on August 31, 2007 has been postponed due to unavoidable circumstances. The Annual General Meeting is now rescheduled to be held on September 14, 2007. Further, consequent to the rescheduling of the AGM, the earlier notice for closure of Register of Members and Share Transfer stand cancelled. The Register of Members and Share Transfer Books shall now remain closed from September 10, 2007 to September 14, 2007 (both days inclusive).
Jul 2007
31 Jul · Utilisation of Funds
Details of utilisation of Public Issue proceeds of Rs. 131 crores towards ongoing project. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.31 Jul · Management
Auditor's Observations in the accounts for the year ended March 31, 2007 for :- basis of valuation of inventory at one of the Division and pending confirmation of balances under various heads of accounts and their impact if any, not ascertainable have been explained in the notes to the accounts for the period ended March 31, 2007 and there is no material change therein.27 Jul · Meeting
Board of Directors in their meeting held on July 10, 2007 decide to hold Annual General Meeting of the Members (Shareholder) of the Company on August 31, 2007. The Board has also approved the Closure of Register of Members and Share Transfer Books from August 27, 2007 to August 31, 2007 (both days inclusive) for the purpose of Annual General Meeting and for payment of dividend @6% per equity share.23 Jul · Board meeting
Amongst other things, to take on record the Un-audited Financial Results of the Company for the First Quarter ended on June 30, 2007 alongwith the Limited Review Report of the Statutory Auditors.10 Jul · Proceedings of Board Meeting
Proceedings of the Meeting of the Board of Directors held on July 10, 2007. Further the Company has informed the Exchange that the Board considered and approved the Audited Balance Sheet and Profit & Loss Account for the year ended March 31, 2007. The summary of financial results shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.10 Jul · Dividend
Board, at its meeting held on July 10, 2007 has recommended for the payment of Dividend @ 6% for the financial year ended March 31, 2007. Equity Shares allotted during the year are also eligible for the payment of Dividend. The total outgo on account of dividend payment (including dividend tax) shall be Rs.281.30 Lacs. Further, Shri M.S. Arora, Chief Executive Officer of the Company, has been appointed as an Additional Director and Whole Time Director (designated as CEO & Executive Director) for a period of five years with effect from July 10, 2007. Shri Arora would be responsible for the day to day operations of the Company. Shri Arora's appointment is however, subject to the approval of the shareholders in the forthcoming Annual General Meeting.3 Jul · Board meeting
Amongst other things, to approve and adopt the Audited Balance Sheet and Profit & Loss Accounts of the Company for the Financial Year Ended on March 31, 2007. The Board shall also consider proposal for the recommendation of Dividend for FY 2006-07.
Jun 2007
21 Jun · Postponement of Board Meeting/Others
Zenith Birla (India) Limited had informed the Exchange regarding a meeting of the Board of Directors of the Company scheduled to be held on June 27, 2007 for approval and adoption of the Audited Financial Results for the year ended on March 31, 2007. The Company has now informed the Exchange that "Our Executive Director, Shri Arun Jain has resigned from his post and from the Board of Directors of the Company with immediate effect. As an Executive Director, he was responsible for the day to day operations of the Company including the Finance & Accounts functions. In view of the above developments, the Finalization and Audit of the Balance Sheet and Profit & Loss Accounts for the year ended 31st March, 2007 is likely to be completed by 10th July, 2007 and as a result, the proposed Board Meeting has been postponed".19 Jun · Board meeting
Amongst other things, to approve and adopt the Audited Balance Sheet and Profit & Loss Accounts of the Company for the Financial Year ended on March 31, 2007 (2006-2007).