On 6 Nov 2026, Zenith Fibres was priced at ₹59.97, or 6.4× trailing earnings, against an industry P/E of 17.0×, and the shares are 12% below their 52-week high. Sales fell 7.3% a year over 3 years while net profit grew 1.0%, with ROCE of 6.4% and ROE of 5.1%, though net profit is above operating profit, which points to a one-off gain. Its dividend yield is 1.7%. It is a small-cap company with a market cap of ₹24 Cr, ranked 193rd of 246 Textile Manufacturing companies by market cap; the shares fell 12% over the past year.
- ₹60.49
- ₹60.49
- ₹58.00
- ₹60.49
- 367
Health check
- ReturnsBehind
−12.3% over a year, better than 1 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthSteady
Sales −7.3%, profit +1.0% a year over 3 years.
- ProfitabilityWeak
ROCE 6.4% vs peer median 10.7%.
- Balance sheetn/a
Balance sheet figures aren’t reported.
- Red flags3 to check
Return on equity is low at 5.1%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹24 Cr
- Small cap
- P/E
- 6.4
- Industry 17.0
- Price to book
- 0.40
- Peers 3.81
- Dividend yield
- 1.68%
- ROE
- 5.1%
- Peers 10.1%
- ROCE
- 6.4%
- Peers 10.7%
- Debt to equity
- n/a
- Debt ₹0.00 Cr
- EPS (TTM)
- ₹9.34
- OPM (TTM)
- −1.0%
- Net margin 8.0%
- Sales growth
- +58.9%
- Latest quarter vs a year ago
- Profit growth
- +201.8%
- Latest quarter vs a year ago
- Price to sales
- 0.52
- EV/EBITDA −24.8
Strengths and risks
Strengths
- Quarterly profit up 201.8% on a year ago.
- Quarterly sales up 58.9% on a year ago.
Risks to check
- Return on equity is low at 5.1%.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- Interest coverage of only −25.9×.
About Zenith Fibres
Zenith Fibres Limited manufactures and sells polypropylene (PP) staple fibres and PP yarn in India. It operates through Manmade Fibre and Renewable Energy segments. The company offers PP spun yarn; and generates electricity through wind turbines. It also exports its products. The company serves automotive, geotextiles, technical fibres, flooring coverings, and construction industries. Zenith Fibres Limited was incorporated in 1989 and is based in…
- Headquarters
- Vadodara
- Employees
- 76
- Sector
- Consumer Cyclical
- ISIN
- INE106C01013
- Website
- zenithfibres.com
Price range
- Avg volume (3M)
- 3.7K
- 1-year return
- minus 12.3%
- From 52-week high
- minus 11.8%
Peers · Textile Manufacturing
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KPRMILLK.P.R. Mill | 1,164.40 | minus 0.25% | 39,883 | 38.3 | 6.41 | 20.0% | 18.0% | 22.1% | 2.3% | 2.1% | 0.43% | plus 10.5% |
| WELSPUNLIVWelspun Living | 241.30 | minus 4.75% | 22,717 | 52.8 | 4.47 | 5.8% | 8.8% | 28.7% | 5.7% | 0.9% | 0.04% | plus 96.2% |
| VTLVardhman Textiles | 508.80 | minus 4.89% | 14,729 | 14.3 | 1.38 | 8.6% | 7.3% | 13.7% | −0.8% | −2.1% | 0.98% | plus 22.2% |
| ARVINDArvind | 494.75 | minus 0.58% | 12,969 | 28.4 | 3.10 | 15.4% | 11.1% | 10.9% | 3.4% | 0.8% | 0.91% | plus 57.3% |
| TRIDENTTrident | 23.88 | plus 0.08% | 12,168 | 25.4 | 2.53 | 10.7% | 10.1% | 14.9% | 1.8% | −5.1% | 2.09% | minus 16.6% |
| ICILIndo Count Industries | 489.85 | minus 2.25% | 9,702 | 39.8 | 3.81 | 9.5% | 5.5% | 9.7% | 11.6% | −22.9% | 0.31% | plus 78.7% |
| GARFIBRESGarware Technical Fibres | 715.65 | minus 2.13% | 6,988 | 29.8 | 4.97 | 19.3% | 15.3% | 19.2% | 5.6% | 4.9% | 1.26% | minus 3.9% |
| ZENIFIBZenith Fibres | 59.97 | minus 0.86% | 24 | 6.4 | 0.40 | – | 6.2% | −1.0% | – | – | 1.68% | minus 12.3% |
| Median of 7 peers | – | −2.13% | 12,969 | 29.8 | 3.81 | 10.7% | 10.1% | 14.9% | 3.4% | 0.8% | 0.91% | 22.2% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 9.7 | 9.3 | 9.7 | 11.3 | 15.4 | |
| 9.9 | 10 | 9.8 | 11.7 | 14.8 | |
| −0.2 | −0.7 | −0.1 | −0.4 | 0.6 | |
| −2.0% | −7.0% | −0.7% | −3.3% | 4.2% | |
| 0.9 | 0.8 | 1.2 | 0.6 | 1.1 | |
| 0 | 0 | 0 | 0 | 0 | |
| 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | |
| – | – | 2.5 | – | – | |
| 0.5 | −0.1 | 3.4 | 0 | 1.5 | |
| 23.7% | 11.9% | 24.0% | 204.6% | 25.2% | |
| 0.4 | −0.1 | 2.6 | −0 | 1.1 | |
| 0.96 | -0.15 | 6.63 | -0.03 | 2.89 |
Profit & loss
- Sales CAGR 3Y
- −7.3%
- Profit CAGR 3Y
- +1.0%
- EPS CAGR 3Y
- +1.0%
- ROE
- 5.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 50.1 | 34.3 | 52 | 39.9 | |
| – | minus 31.6% | +51.6% | minus 23.2% | |
| 47.7 | 34.6 | 52 | 41.2 | |
| 2.4 | −0.3 | −0 | −1.3 | |
| 4.7% | −0.9% | −0.1% | −3.3% | |
| 2.6 | 3 | 3.2 | 5.4 | |
| 0.1 | 0.1 | 0.1 | 0.1 | |
| 0.9 | 0.8 | 0.8 | 0.8 | |
| −0.2 | −0.1 | 0.1 | 0.7 | |
| 3.8 | 1.7 | 2.4 | 3.9 | |
| 25.8% | 24.0% | 24.9% | 24.6% | |
| 2.8 | 1.3 | 1.8 | 2.9 | |
| – | minus 53.6% | +36.7% | +62.2% | |
| 7.20 | 3.34 | 4.57 | 7.41 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.9 | 3.9 | 3.9 | 3.9 | |
| 50.3 | 51.1 | 52.5 | 55.1 | |
| 0.3 | 0.2 | 0 | – | |
| 3.5 | 4.4 | 4.6 | 4.2 | |
| 58 | 59.5 | 61.1 | 63.2 | |
| 11.9 | 11.7 | 11.3 | 12.7 | |
| 0.4 | 3.4 | 5.6 | 16.6 | |
| 14.7 | 15 | 4 | 2.5 | |
| 31.1 | 29.4 | 40.2 | 31.3 | |
| 58 | 59.5 | 61.1 | 63.2 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1.8 | −1.8 | −3.8 | −1.7 | |
| −0.2 | 2.9 | 6.7 | 0.8 | |
| −0.8 | −0.8 | −0.6 | −0.5 | |
| 0.8 | 0.4 | 2.3 | −1.4 | |
| −0.2 | −0.6 | −0.5 | −2.2 | |
| 1.6 | −2.4 | −4.3 | −3.9 | |
| −0.6 | −0.6 | −0.4 | −0.4 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.