Suraj Ltd vs Zenith Steel Pipes Industries Ltd Stock Comparison

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Last Updated on: Jun 01, 2026

Key Highlights

The Latest Trading Price of Suraj Ltd is ₹ 232.7 as of 01 Jun 15:30 . The P/E Ratio of Suraj Ltd changed from 18.6 on March 2024 to 52.5 on March 2025 . This represents a CAGR of 68.01% over 2 yearsThe P/E Ratio of Zenith Steel Pipes & Industries Ltd changed from 2.9 on March 2022 to 325 on March 2025 . This represents a CAGR of 225.37% over 4 years The Market Cap of Suraj Ltd changed from ₹ 400.61 crore on March 2024 to ₹ 697.93 crore on March 2025 . This represents a CAGR of 31.99% over 2 yearsThe Market Cap of Zenith Steel Pipes & Industries Ltd changed from ₹ 8.25 crore on March 2021 to ₹ 92.48 crore on March 2025 . This represents a CAGR of 62.15% over 5 years The revenue of Suraj Ltd for the Mar '26 is ₹ 46.27 crore as compare to the Dec '25 revenue of ₹ 62.54 crore. This represent the decline of -26.02% The revenue of Zenith Steel Pipes & Industries Ltd for the Mar '26 is ₹ 16.38 crore as compare to the Dec '25 revenue of ₹ 15.62 crore. This represent the growth of 4.87% The ebitda of Suraj Ltd for the Mar '26 is ₹ 3.97 crore as compare to the Dec '25 ebitda of ₹ 5.83 crore. This represent the decline of -31.9% The ebitda of Zenith Steel Pipes & Industries Ltd for the Mar '26 is ₹ 2.47 crore as compare to the Dec '25 ebitda of ₹ 2.6 crore. This represent the decline of -5% The net profit of Suraj Ltd changed from ₹ 5.7 crore to ₹ 2.52 crore over 8 quarters. This represents a CAGR of -33.51% The net profit of Zenith Steel Pipes & Industries Ltd changed from ₹ -1.92 crore to ₹ 1.39 crore over 8 quarters. This represents a CAGR of NaN% The Dividend Payout of Suraj Ltd changed from 13.33 % on March 2024 to 23.52 % on March 2025 . This represents a CAGR of 32.83% over 2 yearsThe Dividend Payout of Zenith Steel Pipes & Industries Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .

About Suraj Ltd

Suraj Limited was initially incorporated as Suraj Finsec Limited on 20 January, 1994.
The name of the Company was changed to Suraj Stainless Limited on December 16, 1999 and again attained its present name to Suraj Limited on June 24, 2011.
The Company was promoted by Mr. Ashok T Shah, Mr. Dinesh S Shah and their associates. Company is India's leading Manufacturer of Stainless Steel Seamless Pipes, Tubes and 'U' Tubes, Flanges & Fittings with Electro polishing having plants at Thol and Chandarda, in Mehsana District of Gujarat.
Earlier, it engaged into investment, leasing and finance.
After amalgamation with Suraj Stainless Limited, the business of the Company was entirely changed into manufacturing Stainless Steel Welded pipes/Tubes. In 2007, the Company established separate manufacturing units like welded pipes/tubes, Seamless Pipes/ tubes.

About Zenith Steel Pipes & Industries Ltd

Zenith Steel Pipes & Industries Limited was formerly incorporated as 'Zenith Limited' on August 5, 1960.
The name of the Company was changed from 'Zenith Limited' to 'Zenith Birla (India) Limited' on October 18, 2005 and later, to 'Zenith Steel Pipes & Industries Limited' on February 12, 2020. The Company has pioneered in the field of manufacturing of ERW and Hot Dip Galvanized Steel Pipes.
They operate in two divisions, namely pipes division at Khopoli and tools division at Nasik and Aurangabad.
The tool division is engaged in manufacturing HSS cutting tools and is focused towards the auto/engineering segment. 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.

FAQs for the comparison of Suraj Ltd and Zenith Steel Pipes & Industries Ltd

Which company has a larger market capitalization, Suraj Ltd or Zenith Steel Pipes & Industries Ltd?

Market cap of Suraj Ltd is 427 Cr while Market cap of Zenith Steel Pipes & Industries Ltd is 85 Cr

What are the key factors driving the stock performance of Suraj Ltd and Zenith Steel Pipes & Industries Ltd?

The stock performance of Suraj Ltd and Zenith Steel Pipes & Industries Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Suraj Ltd and Zenith Steel Pipes & Industries Ltd?

As of June 1, 2026, the Suraj Ltd stock price is INR ₹232.7. On the other hand, Zenith Steel Pipes & Industries Ltd stock price is INR ₹5.99.

How do dividend payouts of Suraj Ltd and Zenith Steel Pipes & Industries Ltd compare?

To compare the dividend payouts of Suraj Ltd and Zenith Steel Pipes & Industries Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.