On 6 Nov 2026, Zenith Exports was priced at ₹186.57, or 345.5× trailing earnings, against an industry P/E of 17.0×, and the shares are 28% below their 52-week high. Its ROCE of 4.5% is the lowest among the 7 largest Textile Manufacturing peers, and sales and net profit grew 1.0% and 13% a year over 3 years. The company has almost no debt. It is a small-cap company with a market cap of ₹101 Cr, ranked 119th of 246 Textile Manufacturing companies by market cap; the shares fell 25% over the past year.
- ₹187.00
- ₹187.00
- ₹185.99
- ₹178.50
- 142
Health check
- ReturnsBehind
−25.1% over a year, better than 0 of 7 peers.
- Price tagPricier
P/E 345.5 vs industry 17.0.
- GrowthSteady
Sales +1.0%, profit +13.2% a year over 3 years.
- ProfitabilityWeak
ROCE 4.5% vs peer median 10.7%.
- Balance sheetSolid
Practically debt-free, Piotroski 7 of 9.
- Red flags5 to check
Return on equity is low at 2.8%.
Small cap
Moves with the market
Key metrics
- Market cap
- ₹101 Cr
- Small cap
- P/E
- 345.5
- Industry 17.0
- Price to book
- 1.21
- Peers 3.81
- Dividend yield
- 0.00%
- ROE
- 2.8%
- Peers 10.1%
- ROCE
- 4.5%
- Peers 10.7%
- Debt to equity
- 0.03
- Debt ₹2.12 Cr
- EPS (TTM)
- ₹0.54
- Face value ₹10
- OPM (TTM)
- −4.0%
- Net margin 0.5%
- Sales growth
- −24.6%
- Latest quarter vs a year ago
- Profit growth
- −142.9%
- Latest quarter vs a year ago
- Price to sales
- 1.67
- EV/EBITDA −34.3
Strengths and risks
Strengths
- Practically debt-free.
Risks to check
- Return on equity is low at 2.8%.
- Quarterly profit down 142.9% on a year ago.
- Quarterly sales down 24.6% on a year ago.
- P/E of 345.5 against an industry P/E of 17.0.
- Interest coverage of only 1.5×.
About Zenith Exports
Zenith Exports Limited engages in the leather goods and textile fabrics businesses for the fashion and home furnishing industries in India and internationally. It operates through Silk Fabrics & Made-ups; Industrial Leather H/Gloves & Made-Ups; Yarns; and Weavings Silk Fabrics (100% EOU) segments. The company offers silk, velvet, and cotton fabrics; industrial leather hand gloves; and made-ups. It also trades in cotton, as well as exports its products.…
- Headquarters
- Kolkata
- Employees
- 185
- Sector
- Consumer Cyclical
- ISIN
- INE058B01018
- Website
- zenithexportslimited.com
Price range
- Avg volume (3M)
- 527
- 1-year return
- minus 25.1%
- From 52-week high
- minus 27.6%
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% |
| ZENITHEXPOZenith Exports | 186.57 | plus 4.52% | 101 | 345.5 | 1.21 | 4.5% | 2.8% | −4.0% | 1.0% | 13.2% | 0.00% | minus 25.1% |
| 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 |
|---|---|---|---|---|---|
| 17.9 | 19.5 | 14.2 | 13.1 | 13.5 | |
| 16.6 | 19.3 | 14.4 | 14.2 | 14.7 | |
| 1.3 | 0.2 | −0.2 | −1.1 | −1.2 | |
| 7.2% | 1.0% | −1.6% | −8.7% | −9.1% | |
| 1 | 1.2 | 0.9 | 1.4 | 0.7 | |
| 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | |
| 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | |
| 1.9 | 1.1 | 0.3 | −0.1 | −0.8 | |
| 27.5% | 22.9% | 46.9% | −33.3% | 24.1% | |
| 1.4 | 0.8 | 0.2 | −0.1 | −0.6 | |
| 2.59 | 1.56 | 0.31 | -0.22 | -1.11 |
Profit & loss
- Sales CAGR 3Y
- +1.0%
- Profit CAGR 3Y
- +13.2%
- EPS CAGR 3Y
- +13.2%
- ROE
- 2.8%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 60.1 | 81.7 | 69.3 | 62 | |
| – | +36.0% | minus 15.2% | minus 10.6% | |
| 59.6 | 82.2 | 73.3 | 61 | |
| 0.5 | −0.5 | −4 | 1 | |
| 0.8% | −0.6% | −5.8% | 1.6% | |
| 2.8 | 3.1 | 3.4 | 4 | |
| 0.6 | 0.9 | 0.8 | 0.7 | |
| 1.3 | 1 | 0.8 | 0.7 | |
| 0.7 | – | 4.7 | −0.4 | |
| 2 | 0.7 | 2.4 | 3.3 | |
| 21.1% | 54.3% | 28.9% | 29.7% | |
| 1.6 | 0.3 | 1.7 | 2.3 | |
| – | minus 80.8% | +465.0% | +33.5% | |
| 2.92 | 0.56 | 3.17 | 4.24 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 5.4 | 5.4 | 5.4 | 5.4 | |
| 74.3 | 74.9 | 76.6 | 78.7 | |
| 9.5 | 5.5 | 7.8 | 2.1 | |
| 10.8 | 10.1 | 11.2 | 11.7 | |
| 100 | 95.9 | 101 | 98 | |
| 9.9 | 9.2 | 11.2 | 8.7 | |
| – | 0.1 | – | – | |
| 0.8 | 3.9 | 5.1 | 14.5 | |
| 28.4 | 25.1 | 29.9 | 15.6 | |
| 60.8 | 57.7 | 54.7 | 59.1 | |
| 100 | 95.9 | 101 | 98 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 19.2 | −6.6 | −3 | 5.4 | |
| −15.6 | 17 | −4 | 0.5 | |
| −5 | −4.8 | 1.4 | −6.3 | |
| −1.3 | 5.6 | −5.6 | −0.4 | |
| −0.2 | −0.6 | −2.9 | −1 | |
| 19.1 | −7.2 | −5.9 | 4.4 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.