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Zenith Steel Pipes & Industries Ltd dividend

Zenith Steel Pipes & Industries Ltd dividend

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₹ 0.3 Cr

Volume transacted

stocks purchased

308.4 K

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Last Updated time: 20 Jul 15:30 PM

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Zenith Steel Pipes & Industries Ltd

NSE: ZENITHSTL

DPS

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Last updated : FY 2023

Key Highlights

    The Dividend per Share of Zenith Steel Pipes & Industries Ltd is ₹ 0 as of 2023 .a1#The Dividend Payout of Zenith Steel Pipes & Industries Ltd changed from 0 % on March 2019 to 0 % on March 2023 . This represents a CAGR of 0.0% over 5 years. a1#The Latest Trading Price of Zenith Steel Pipes & Industries Ltd is ₹ 10.77 as of 19 Jul 15:30 .a1#The Market Cap of Zenith Steel Pipes & Industries Ltd changed from ₹ 7.22 crore on March 2019 to ₹ 48.52 crore on March 2023 . This represents a CAGR of 46.38% over 5 years. a1#The Revenue of Zenith Steel Pipes & Industries Ltd changed from ₹ 60.45 crore to ₹ 47.61 crore over 8 quarters. This represents a CAGR of -11.25% a1#The EBITDA of Zenith Steel Pipes & Industries Ltd changed from ₹ 0.63 crore to ₹ 11.19 crore over 8 quarters. This represents a CAGR of 321.45% a1#The Net Pr of Zenith Steel Pipes & Industries Ltd changed from ₹ 0.01 crore to ₹ 9.89 crore over 8 quarters. This represents a CAGR of 3044.84% a1#

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Company Fundamentals For Zenith Steel Pipes & Industries Ltd

Market Cap

153 Cr

EPS

0.0

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

0.0

DTE *

-0.8

ROE *

0.2

ROCE *

-5.9

Dividend Yield *

0

DPS *

0

Dividend Payout *

0

Ann.Dividend % *

0

* All values are consolidated

Last Updated time: 20 Jul 15:30 PM

* All values are consolidated

Last Updated time: 20 Jul 15:30 PM

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Historical Dividend Payout of Zenith Steel Pipes & Industries Ltd

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Historical Dividend Payout of Zenith Steel Pipes & Industries Ltd

Period
Mar '190
Mar '200
Mar '210
Mar '220
Mar '230

* All values are a in %

Dividend per Share (DPS) Over Time

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DIVIDENDYIELD

Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.

Dividend Yield Comparison With Top Peers

1M

1Y

3Y

5Y

* All values are in %

Net Profit Vs Dividend Per Share

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Zenith Steel Pipes & Industries Ltd

NSE: ZENITHSTL

PRICE

10.77

0.51 (4.97%)

stock direction

Last updated : 19 Jul 15:30

SWOT Analysis Of Zenith Steel Pipes & Industries Ltd

Strength

2

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

Overview of Dividend

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


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Historical Market Cap of Zenith Steel Pipes & Industries Ltd

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Historical Market Cap of Zenith Steel Pipes & Industries Ltd

Period
Mar '197
Mar '206
Mar '218
Mar '2234
Mar '2349

* All values are a in crore

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Historical Revenue of Zenith Steel Pipes & Industries Ltd

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Historical Revenue of Zenith Steel Pipes & Industries Ltd

Period
Jun '2260
Sep '2255
Dec '2226
Mar '2331
Jun '2325
Sep '2328
Dec '2346
Mar '2448

* All values are a in crore

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Historical EBITDA of Zenith Steel Pipes & Industries Ltd

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

Historical EBITDA of Zenith Steel Pipes & Industries Ltd

Period
Jun '221
Sep '22-12
Dec '221
Mar '232
Jun '23-1
Sep '23-6
Dec '231
Mar '2411

* All values are a in crore

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Historical Net Profit of Zenith Steel Pipes & Industries Ltd

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Historical Net Profit of Zenith Steel Pipes & Industries Ltd

Period
Jun '220
Sep '22-14
Dec '22-1
Mar '230
Jun '23-2
Sep '23-8
Dec '23-1
Mar '2410

* All values are a in crore

About Zenith Steel Pipes & Industries Ltd

About Zenith Steel Pipes & Industries Ltd

    Zenith Steel Pipes & Industries Ltd (Formerly known Zenith Birla (India) Limited) is a leading manufacturer of Steel Pipes in India. The company is engaged in the manufacturing and selling of ERW And SAW Pipes. They operate in two divisions, namely pipes division at Khopoli and tools division at Nasik and Aurangabad. The tool division of the company is engaged in manufacturing HSS cutting tools and is focused towards the auto/engineering segment. The company's subsidiaries include Zenith (USA) Inc. and Zenith Middle East FZE. Zenith Steel Pipes & Industries Ltd was incorporated on August 5, 1960 with the name Zenith Steel Pipes Ltd. The company was established with the main object to manufacture black welded and galvanized steel pipes and was promoted by house of Birla. Also, they came out with their first public issue of equity share during the year. In the year 1961, the company started factory at Khopoli for Pipe Manufacturing and in the year 1992, they commenced commercial production at Khopoli. In the year 1968, they started Rolls & Shears Division (RSD)/ Tool Mfg. Division (TMD). In the year 1974, they started special steel division at Khopoli. Till 1971, the company was manufacturing Steel Pipes by medium frequency electric resistance contact welding process. Thereafter, the manufacturing process was converted to the latest technology of High Frequency Induction Welding (HFIW) process. In October 31, 1975, the company changed their name from Zenith Steel Pipes Ltd to Zenith Steel Pipes & Industries Ltd. In the year 1980, the company started chemical division at Boisar for manufacturing dye intermediates. In the year 1981, they incorporated a joint venture, PT South Pacific Viscose in Indonesia. In the year 1981, the company started paper plant at Banah in Punjab. In the year 1982, Indian Tool Manufacturers Ltd was amalgamated with the company and the textile division of Indian Tool Manufacturers Ltd became a division of the company. Also, Avit Overseas Corporation, New York, a subsidiary of Indian Tool Manufacturers Ltd became a subsidiary of the company. In January 28, 1986, the company changed their name from Zenith Steel Pipes & Industries Ltd to Zenith Ltd. In the year 1989, the company created a new division, namely Zenith International for exports. During the year 1994-95, the company sold their paper division to Shreyans Industries Ltd. In the year 1996, they sold their special steel division to Isibars Ltd. In the year 2002, the company formed three new subsidiaries namely Valueworth Trade Pvt Ltd, Zenith Dyeintermediates Ltd and Khamgaon Syntex India Ltd. In November 2004, the chemical division of the company was hived off and sold to Nipur Chemicals Ltd and in the year 2005, they transferred the textile division to Khamgaon Syntex India Ltd. In October 18, 2005, the company changed their name from Zenith Ltd to Zenith Birla (India) Ltd. During the year 2006-07, the company came out with a follow-on public offer for 23,818,182 equity shares of Rs 10 each at issue price of Rs 55 per share aggregating to Rs 131 crore to part finance the expansion project. Also, the shares of the company were listed on the National Stock Exchange with effect from April 30, 2007. The Scheme of Arrangement between the Zenith Steel Pipes & Industries Ltd (the Company), Birla Precision Technologies Ltd (BPTL), Tungabhadra Holdings Private Limited (THPL) and their respective shareholders was sanctioned by the High Court of Bombay on 8th January, 2010 and consequently, the Tooling Business of the Company demerged from the Company and merged with Birla Precision Technologies Ltd. Further, Tungabhadra Holdings Private Limited amalgamated with the Company and resulting to this, the company expanded the production capacity of Steel Pipes from 120,000 tonnes to 210,000 tonnes. The Company during the year 2011, issued 21,620,529 Bonus Shares in the proportion of one new fully paid equity share of Re. 10/- each for every five equity shares of Re. 10/- each held in the Company as on the Record Date (i.e. 12th August 2010) and resultant to the issue, the said Equity Shares got listed with Bombay Stock Exchange Limited and National Stock Exchange Limited effective from 24th August, 2010. A new wholly owned subsidiary, Zenith Middle East LLC was incorporated on November 27, 2013 in Fujairah, UAE.

Zenith Steel Pipes & Industries Ltd News Hub

News

Zenith Steel Pipes & Industries to hold board meeting

Zenith Steel Pipes & Industries will hold a meeting of the Board of Directors of the Compa...

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23 May 202416:53

News

Zenith Steel Pipes & Industries to conduct board meeting

Zenith Steel Pipes & Industries will hold a meeting of the Board of Directors of the Compa...

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07 Feb 202414:04

News

Zenith Steel Pipes & Industries to convene board meeting

Zenith Steel Pipes & Industries will hold a meeting of the Board of Directors of the Compa...

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31 Oct 202314:18

News

Zenith Steel Pipes & Industries schedules AGM

Zenith Steel Pipes & Industries announced that the 61st Annual General Meeting (AGM) of th...

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14 Sep 202313:34

News

Zenith Steel Pipes & Industries fixes board meeting date

Zenith Steel Pipes & Industries will hold a meeting of the Board of Directors of the Compa...

Read more

02 Sep 202315:27

News

Zenith Steel Pipes & Industries to declare Quarterly Result

Zenith Steel Pipes & Industries will hold a meeting of the Board of Directors of the Compa...

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07 Aug 202315:35

FAQs for dividends of Zenith Steel Pipes & Industries Ltd

What is the current market price of Zenith Steel Pipes & Industries Ltd Ltd as of July 20, 2024?

The current market price of Zenith Steel Pipes & Industries Ltd Ltd stands at 10.8 per share.

What dividend did Zenith Steel Pipes & Industries Ltd declare in the last fiscal year?

In the last fiscal year, Zenith Steel Pipes & Industries Ltd declared a dividend totaling ₹0.0.

What is the most recent dividend declared by Zenith Steel Pipes & Industries Ltd?

Zenith Steel Pipes & Industries Ltd recently declared a dividend of 0.0 in the latest quarter

How many times has Zenith Steel Pipes & Industries Ltd declared dividends in the current fiscal year

Zenith Steel Pipes & Industries Ltd has declared dividends 4 times totaling ₹0 in the current fiscal year (FY2023-2024).

How many times did Zenith Steel Pipes & Industries Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2022-2023), Zenith Steel Pipes & Industries Ltd declared dividends 4 times totaling ₹0.
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