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Zenith Steel Pipes & Industries Limited
Zenith Steel Pipes & Industries Limited has been active since 1960, providing more than 66 years of industry experience. It is registered under CIN L29220MH1960PLC011773 and registration number 11773. The company operates as company limited by shares. The company has an authorized share capital of ₹155.50 crore. It has a paid-up capital totaling ₹142.28 crore.
The firm focuses on manufacture of special purpose machinery. It is incorporated within the Mumbai registry. The firm’s incorporation address reads 5th Floor, Industry House,159 Churchgate Reclamation, Mumbai City, Mumbai, Maharashtra, India, 400020. Its current corporate status is active. The entity’s PAN (Permanent Account Number) stands as AAACZ0103C. Its LEI code is registered as 984500954CEB15C1CD15. For correspondence, the registered email address is share@zenithsteelpipes.com. Key executives of the company are: Girvanesh Balasubramanan (CFO).
Company Overview
- CIN
- Date of Incorporation
- 05/08/1960
- Company Status
- Active
- RoC
- Mumbai
- Registration Number
- Balance sheet date
- 31/03/2024
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- LEI Status
- Issued
- Authorized Capital
- ₹1,55,50,00,000.00
- Paid up Capital
- ₹1,42,28,04,480.00
- Activity
- Manufacture of special purpose machinery
- share@zenithsteelpipes.com
- PAN
GST Numbers
| State | GST Number | Status |
|---|---|---|
| Andhra Pradesh | 37AAACZ0103C1Z0 | Inactive |
| Delhi | 07AAACZ0103C1Z3 | Inactive |
| Karnataka | 29AAACZ0103C1ZX | Inactive |
| Maharashtra | 27AAACZ0103C1Z1 | Active |
| Punjab | 03AAACZ0103C1ZB | Inactive |
| Telangana | 36AAACZ0103C1Z2 | Inactive |
| Tamil Nadu | 33AAACZ0103C1Z8 | Active |
| West Bengal | 19AAACZ0103C1ZY | Inactive |
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| INE318D01020 | ZENITH STEEL PIPES & INDUSTRIES LIMITED EQ NEW FV RS.10/- | - | 12/10/2026 | ZENITH STEEL/SH VTG | ESVUFN |
| INE318D01012 | ZENITH STEEL PIPES & INDUSTRIES LIMITED EQ | - | 12/10/2026 | ZENITH STEEL/SH VTG | ESVUFN |
| IN8318D01011 | ZENITH STEEL PIPES & INDUSTRIES LIMITED EQ LISTING/TRADING APPROVAL AWAITED | - | 12/10/2026 | ZENITH STEEL/SH VTG | ESVUFN |
Balance Sheet
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Net PPE | ₹4,118.86L | ₹4,299.67L | ₹4,442.12L | ₹4,567.61L | ₹0.00L |
| Net Debt | ₹21,912.08L | ₹19,068.39L | ₹19,312.31L | ₹19,245.97L | ₹0.00L |
| Gross PPE | ₹4,118.86L | ₹15,490.58L | ₹15,438.20L | ₹15,316.98L | ₹0.00L |
| Inventory | ₹594.51L | ₹779.36L | ₹1,986.47L | ₹2,094.49L | ₹0.00L |
| Total Debt | ₹22,019.85L | ₹19,364.00L | ₹19,355.38L | ₹19,772.95L | ₹0.00L |
| Common Stock | ₹14,228.04L | ₹14,228.04L | ₹14,228.04L | ₹14,228.04L | ₹0.00L |
| Current Debt | ₹18,282.42L | ₹17,121.93L | ₹17,122.18L | ₹19,044.61L | ₹0.00L |
| Share Issued | ₹1,422.80L | ₹1,422.80L | ₹1,422.80L | ₹1,422.80L | ₹0.00L |
| Total Assets | ₹15,394.05L | ₹15,855.16L | ₹18,196.45L | ₹16,890.51L | ₹0.00L |
| Capital Stock | ₹14,228.04L | ₹14,228.04L | ₹14,228.04L | ₹14,228.04L | ₹0.00L |
| Long Term Debt | ₹3,737.43L | ₹2,242.07L | ₹2,233.20L | ₹728.34L | ₹0.00L |
| Current Assets | ₹8,362.75L | ₹8,757.54L | ₹11,036.01L | ₹9,800.96L | ₹0.00L |
| Prepaid Assets | ₹94.55L | ₹287.43L | ₹997.60L | ₹421.17L | ₹0.00L |
| Working Capital | -₹27,234.14L | -₹29,481.71L | -₹29,531.11L | -₹30,925.44L | ₹0.00L |
| Invested Capital | -₹2,873.34L | -₹6,311.22L | -₹6,330.59L | -₹5,839.37L | ₹0.00L |
| Other Properties | ₹3,989.89L | ₹4,167.71L | ₹4,359.80L | ₹4,451.01L | ₹0.00L |
| Common Stock Equity | -₹24,893.19L | -₹25,675.22L | -₹25,685.97L | -₹25,612.32L | ₹0.00L |
| Net Tangible Assets | -₹24,905.86L | -₹25,675.93L | -₹25,687.16L | -₹25,624.99L | ₹0.00L |
| Tangible Book Value | -₹24,905.86L | -₹25,675.93L | -₹25,687.16L | -₹25,624.99L | ₹0.00L |
| Current Liabilities | ₹35,596.89L | ₹38,239.25L | ₹40,567.12L | ₹40,726.40L | ₹0.00L |
| Long Term Provisions | ₹448.06L | ₹544.21L | ₹586.82L | ₹543.24L | ₹0.00L |
| Stockholders Equity | -₹24,893.19L | -₹25,675.22L | -₹25,685.97L | -₹25,612.32L | ₹0.00L |
| Other Equity Interest | -₹39,121.23L | -₹39,903.28L | -₹39,914.01L | -₹0.01L | ₹0.00L |
| Total Capitalization | -₹21,155.76L | -₹23,433.15L | -₹23,452.77L | -₹24,883.98L | ₹0.00L |
| Ordinary Shares Number | ₹1,422.80L | ₹1,422.80L | ₹1,422.80L | ₹1,422.80L | ₹0.00L |
| Other Non Current Assets | ₹2,695.84L | ₹2,588.68L | -₹0.01L | -₹0.01L | ₹0.00L |
| Total Non Current Assets | ₹7,031.30L | ₹7,097.62L | ₹7,160.44L | ₹7,089.55L | ₹0.00L |
| Cash And Cash Equivalents | ₹107.77L | ₹295.61L | ₹43.07L | ₹526.98L | ₹0.00L |
| Construction In Progress | ₹128.97L | ₹120.01L | ₹82.31L | ₹116.59L | ₹0.00L |
| Other Short Term Investments | ₹44.76L | ₹37.74L | ₹65.94L | ₹60.94L | ₹0.00L |
| Goodwill And Other Intangible Assets | ₹12.67L | ₹0.71L | ₹1.19L | ₹12.67L | ₹0.00L |
| Total Equity Gross Minority Interest | -₹24,893.19L | -₹25,675.22L | -₹25,685.97L | -₹25,612.32L | ₹0.00L |
| Total Liabilities Net Minority Interest | ₹40,287.24L | ₹41,530.38L | ₹43,882.42L | ₹42,502.83L | ₹0.00L |
| Current Debt And Capital Lease Obligation | ₹18,282.42L | ₹17,121.93L | ₹17,122.18L | ₹19,044.61L | ₹0.00L |
| Long Term Debt And Capital Lease Obligation | ₹3,737.43L | ₹2,242.07L | ₹2,233.20L | ₹728.34L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹152.53L | ₹295.61L | ₹43.07L | ₹526.98L | ₹0.00L |
| Total Non Current Liabilities Net Minority Interest | ₹4,690.35L | ₹3,291.13L | ₹3,315.30L | ₹1,776.43L | ₹0.00L |
Cash Flow
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 |
|---|---|---|---|---|
| Free Cash Flow | -₹127.35L | ₹341.80L | ₹335.82L | ₹1,419.04L |
| Changes In Cash | -₹180.82L | ₹224.33L | -₹478.91L | ₹227.48L |
| End Cash Position | ₹107.77L | ₹295.61L | ₹43.07L | ₹526.98L |
| Financing Cash Flow | ₹41.76L | -₹13.80L | -₹711.52L | -₹1,133.77L |
| Investing Cash Flow | -₹118.58L | -₹156.05L | -₹241.78L | -₹428.70L |
| Operating Cash Flow | -₹104.00L | ₹394.18L | ₹474.39L | ₹1,789.95L |
| Capital Expenditure | -₹23.35L | -₹52.38L | -₹138.57L | -₹370.91L |
| Beginning Cash Position | ₹295.61L | ₹43.07L | ₹526.98L | ₹195.26L |
| Other Cash Adjustment Outside Changein Cash | -₹7.02L | ₹28.21L | -₹5.00L | ₹104.24L |
Income Statement
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| EBIT | ₹693.31L | ₹295.95L | ₹244.84L | -₹765.66L | ₹0.00L |
| EBITDA | ₹885.50L | ₹491.25L | ₹503.03L | -₹520.49L | ₹0.00L |
| Basic EPS | ₹0.00L | ₹0.00L | -₹0.00L | -₹0.00L | ₹0.00L |
| Net Income | ₹438.30L | ₹22.51L | -₹69.65L | -₹1,438.35L | ₹0.00L |
| Diluted EPS | ₹0.00L | ₹0.00L | -₹0.00L | -₹0.00L | ₹0.00L |
| Gross Profit | ₹2,346.18L | ₹6,462.56L | ₹2,080.00L | ₹1,071.91L | ₹0.00L |
| Pretax Income | ₹445.29L | ₹47.93L | -₹46.31L | -₹1,110.63L | ₹0.00L |
| Tax Provision | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Revenue | ₹5,337.61L | ₹11,909.25L | ₹13,933.61L | ₹14,788.39L | ₹0.00L |
| Cost Of Revenue | ₹2,991.43L | ₹5,446.69L | ₹11,853.61L | ₹13,716.48L | ₹0.00L |
| Total Expenses | ₹7,154.64L | ₹12,629.56L | ₹13,721.09L | ₹16,143.77L | ₹0.00L |
| Interest Expense | ₹248.02L | ₹248.02L | ₹291.15L | ₹344.97L | ₹0.00L |
| Operating Income | -₹1,817.03L | -₹720.31L | ₹212.52L | -₹1,355.38L | ₹0.00L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | ₹754.43L | ₹491.25L | ₹503.50L | -₹442.76L | ₹0.00L |
| Normalized Income | ₹314.22L | ₹47.93L | -₹45.84L | -₹1,032.89L | ₹0.00L |
| Operating Expense | ₹4,163.21L | ₹7,182.87L | ₹1,867.48L | ₹2,427.29L | ₹0.00L |
| Operating Revenue | ₹5,337.61L | ₹11,909.25L | ₹13,933.61L | ₹14,788.39L | ₹0.00L |
| Net Interest Income | -₹248.02L | -₹248.02L | -₹286.29L | -₹348.35L | ₹0.00L |
| Total Unusual Items | ₹131.07L | ₹0.00L | -₹0.47L | -₹77.73L | ₹0.00L |
| Basic Average Shares | ₹1,413.87L | ₹1,125.50L | ₹1,422.80L | ₹1,422.80L | ₹0.00L |
| Diluted Average Shares | ₹1,413.87L | ₹1,125.50L | ₹1,422.80L | ₹1,422.80L | ₹0.00L |
| Other Operating Expenses | ₹3,460.27L | ₹6,473.17L | -₹150.19L | ₹1,039.05L | ₹0.00L |
| Reconciled Depreciation | ₹192.19L | ₹195.30L | ₹258.19L | ₹245.17L | ₹0.00L |
| Reconciled Cost Of Revenue | ₹2,991.43L | ₹5,446.69L | ₹11,853.61L | ₹13,716.48L | ₹0.00L |
| Tax Effect Of Unusual Items | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Interest Expense Non Operating | ₹248.02L | ₹248.02L | ₹291.15L | ₹344.97L | ₹0.00L |
| Net Income Common Stockholders | ₹438.30L | ₹22.51L | -₹69.65L | -₹1,438.35L | ₹0.00L |
| Net Income Continuous Operations | ₹445.29L | ₹47.93L | -₹46.31L | -₹1,110.63L | ₹0.00L |
| Diluted NIAvailto Com Stockholders | ₹438.30L | ₹22.51L | -₹69.65L | -₹1,438.35L | ₹0.00L |
| Net Income Discontinuous Operations | -₹6.99L | -₹25.42L | -₹23.34L | -₹327.73L | ₹0.00L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Unusual Items Excluding Goodwill | ₹131.07L | ₹0.00L | -₹0.47L | -₹77.73L | ₹0.00L |
| Net Non Operating Interest Income Expense | -₹248.02L | -₹248.02L | -₹286.29L | -₹348.35L | ₹0.00L |
| Net Income Including Noncontrolling Interests | ₹438.30L | ₹22.51L | -₹69.65L | -₹1,438.36L | ₹0.00L |
| Net Income From Continuing And Discontinued Operation | ₹438.30L | ₹22.51L | -₹69.65L | -₹1,438.35L | ₹0.00L |
| Net Income From Continuing Operation Net Minority Interest | ₹445.29L | ₹47.93L | -₹46.31L | -₹1,110.62L | ₹0.00L |
Company Performance (FY23–FY26)
₹147.9 Cr₹110.9 Cr₹73.9 Cr₹37.0 Cr₹0
FY23FY24FY25FY26
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 14/02/2014 | Girvanesh Balasubramanan | *****9870B | CFO | |
| 20/03/2019 | Sadhana Avinash Patil | 06565115 | Director | View other directorships |
| 29/03/2019 | Purushottam Digambar Sonavane | 08405653 | Director | View other directorships |
| 14/08/2019 | Minal Umesh Pote | 07163539 | Whole-time director | View other directorships |
| 13/03/2020 | Pramod Shivaji Bhosale | 08669615 | Director | View other directorships |
| 24/08/2020 | Bhavika Sharma | 08846865 | Director | View other directorships |
| 19/01/2022 | Pushkar Madhav Natu | *****0687H | Manager | |
| 15/07/2023 | Ganesh Ramesh Mahendrakar | 10240514 | Director | View other directorships |
| 03/06/2024 | Prakhar Agarwal | *****3052P | Company Secretary |
Business Network
CompanyDirectorNot on WeeDooBoard seatKey rolePast seatOwnership
Directors 9
- Minal Umesh PoteWhole-time director
- Ganesh Ramesh MahendrakarDirector
- Bhavika SharmaDirector
- Pramod Shivaji BhosaleDirector
- Purushottam Digambar SonavaneDirector
- Sadhana Avinash PatilDirector
- Prakhar AgarwalCompany Secretary
- Pushkar Madhav NatuManager
- Girvanesh BalasubramananCFO
Latest Documents
Category:
| Date | Title | Size |
|---|---|---|
| 16/12/2024 | Form MGT-7-16122024_signed | - |
| 13/02/2024 | Form MGT-7-13022024 | - |
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Address
5th Floor, Industry House,159 Churchgate Reclamation, Mumbai City, Mumbai, Maharashtra, India, 400020
Frequently Asked Questions
What is the incorporation date of Zenith Steel Pipes & Industries Limited?
The incorporation date of Zenith Steel Pipes & Industries Limited is 05/08/1960.
What is the authorized share capital and paid-up capital of Zenith Steel Pipes & Industries Limited?
The authorized share capital of Zenith Steel Pipes & Industries Limited is ₹1,55,50,00,000.00. The paid-up capital is ₹1,42,28,04,480.00.
Who are the current board members & directors of Zenith Steel Pipes & Industries Limited?
The current board member of Zenith Steel Pipes & Industries Limited are:
- Purushottam Digambar Sonavane
- Sadhana Avinash Patil
- Minal Umesh Pote
- Pramod Shivaji Bhosale
- Bhavika Sharma
- Ganesh Ramesh Mahendrakar
What is the registered address of Zenith Steel Pipes & Industries Limited?
The registered address of Zenith Steel Pipes & Industries Limited is 5th Floor, Industry House,159 Churchgate Reclamation, Mumbai City, Mumbai, Maharashtra, India, 400020.
What is the Corporate Identification Number of Zenith Steel Pipes & Industries Limited?
The Corporate Identification Number of Zenith Steel Pipes & Industries Limited is L29220MH1960PLC011773.