Usha Martin Ltd vs Zenith Steel Pipes Industries Ltd Stock Comparison

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Last Updated on: Jun 03, 2026

Key Highlights

The Latest Trading Price of Usha Martin Ltd is ₹ 497.05 as of 03 Jun 15:30 . The P/E Ratio of Usha Martin Ltd changed from 6.8 on March 2021 to 25.2 on March 2025 . This represents a CAGR of 29.95% over 5 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 Usha Martin Ltd changed from ₹ 1008 crore on March 2021 to ₹ 10259 crore on March 2025 . This represents a CAGR of 59.03% over 5 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 Usha Martin Ltd for the Mar '26 is ₹ 1010 crore as compare to the Dec '25 revenue of ₹ 925.8 crore. This represent the growth of 9.14% 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 Usha Martin Ltd for the Mar '26 is ₹ 232.04 crore as compare to the Dec '25 ebitda of ₹ 171.34 crore. This represent the growth of 35.43% 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 Usha Martin Ltd changed from ₹ 103.84 crore to ₹ 148.03 crore over 8 quarters. This represents a CAGR of 19.40% 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 Usha Martin Ltd changed from 28.91 % on March 2022 to 30.3 % on March 2025 . This represents a CAGR of 1.18% over 4 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 Usha Martin Ltd

Usha Martin Limited is a leading producer of specialty steel and one of the largest wire rope manufacturers globally.
The Company is engaged in the business of Wire and Wire ropes - Manufacture and sale of steel wires, strands, wire ropes, cord, related accessories, wire drawing and allied machine, etc.
They operate 6 manufacturing facilities in Ranchi, Hoshiarpur, Silvassa, Dubai, Bangkok and the United Kingdom.
They are also having their overseas manufacturing operations in Thailand, United Kingdom, United States and Dubai.
The company operates in three manufacturing divisions, namely steel, wire ropes and others.

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 Usha Martin Ltd and Zenith Steel Pipes & Industries Ltd

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

Market cap of Usha Martin Ltd is 15,147 Cr while Market cap of Zenith Steel Pipes & Industries Ltd is 82 Cr

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

The stock performance of Usha Martin 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 Usha Martin Ltd and Zenith Steel Pipes & Industries Ltd?

As of June 3, 2026, the Usha Martin Ltd stock price is INR ₹497.05. On the other hand, Zenith Steel Pipes & Industries Ltd stock price is INR ₹5.8.

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

To compare the dividend payouts of Usha Martin 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.