Zenith Steel Pipes & Industries (NSE:ZENITHSTL) Enterprise Value: ₹2,984.9 Mil (As of Jul. 05, 2026) ***


NSE:ZENITHSTL Zenith Steel Pipes & Industries Ltd NSE:ZENITHSTL
47 GF Score
Price ₹5.61
GF Value ₹3.26
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Zenith Steel Pipes & Industries Enterprise Value?

Zenith Steel Pipes & Industries NSE:ZENITHSTL -1.06% 47 Enterprise Value is ₹2,984.9 Mil as of Jul. 05, 2026. GuruFocus rates NSE:ZENITHSTL with a GF Score™ of 47/100 and a GF Value™ of ₹3.26 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Zenith Steel Pipes & Industries's Enterprise Value is ₹2,984.9 Mil. Zenith Steel Pipes & Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹70.8 Mil. Therefore, Zenith Steel Pipes & Industries's EV-to-EBIT ratio for today is 42.14.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Zenith Steel Pipes & Industries's Enterprise Value is ₹2,984.9 Mil. Zenith Steel Pipes & Industries's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹90.1 Mil. Therefore, Zenith Steel Pipes & Industries's EV-to-EBITDA ratio for today is 33.15.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Zenith Steel Pipes & Industries's Enterprise Value is ₹2,984.9 Mil. Zenith Steel Pipes & Industries's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹536.5 Mil. Therefore, Zenith Steel Pipes & Industries's EV-to-Revenue ratio for today is 5.56.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Zenith Steel Pipes & Industries's Enterprise Value is ₹2,984.9 Mil. Zenith Steel Pipes & Industries's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0.0 Mil. Therefore, Zenith Steel Pipes & Industries's EV-to-OCF ratio for today is .

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Zenith Steel Pipes & Industries's Enterprise Value is ₹2,984.9 Mil. Zenith Steel Pipes & Industries's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0.0 Mil. Therefore, Zenith Steel Pipes & Industries's EV-to-FCF ratio for today is .

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Zenith Steel Pipes & Industries  (NSE:ZENITHSTL) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Zenith Steel Pipes & Industries's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2984.925/70.835
=42.14

Zenith Steel Pipes & Industries's current Enterprise Value is ₹2,984.9 Mil.
Zenith Steel Pipes & Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹70.8 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Zenith Steel Pipes & Industries's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2984.925/90.054
=33.15

Zenith Steel Pipes & Industries's current Enterprise Value is ₹2,984.9 Mil.
Zenith Steel Pipes & Industries's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹90.1 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Zenith Steel Pipes & Industries's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2984.925/536.548
=5.56

Zenith Steel Pipes & Industries's current Enterprise Value is ₹2,984.9 Mil.
Zenith Steel Pipes & Industries's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹536.5 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Zenith Steel Pipes & Industries's EV-to-OCF for today is:


Zenith Steel Pipes & Industries's current Enterprise Value is ₹2,984.9 Mil.
Zenith Steel Pipes & Industries's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.0 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Zenith Steel Pipes & Industries's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2984.925/0
=

Zenith Steel Pipes & Industries's current Enterprise Value is ₹2,984.9 Mil.
Zenith Steel Pipes & Industries's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Zenith Steel Pipes & Industries Enterprise Value Related Terms


Zenith Steel Pipes & Industries Enterprise Value Historical Data

* Premium members only.

The historical data trend for Zenith Steel Pipes & Industries's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zenith Steel Pipes & Industries Enterprise Value Chart

Zenith Steel Pipes & Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,277.06 2,401.24 2,998.33 2,831.66 2,848.33

Zenith Steel Pipes & Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,831.66 1,182.35 3,125.35 1,037.22 2,848.33

NSE:ZENITHSTL vs NUE, STLD, RS: Enterprise Value Comparison

For the Steel subindustry, Zenith Steel Pipes & Industries's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zenith Steel Pipes & Industries Enterprise Value vs Steel Industry

For the Steel industry and Basic Materials sector, Zenith Steel Pipes & Industries's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Zenith Steel Pipes & Industries's Enterprise Value falls into.


NSE:ZENITHSTL
47GF Score
Zenith Steel Pipes & Industries Ltd NSE:ZENITHSTL
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Zenith Steel Pipes & Industries Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Zenith Steel Pipes & Industries's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

Zenith Steel Pipes & Industries's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of ₹2,984.9 Mil mean?
Zenith Steel Pipes & Industries (NSE:ZENITHSTL) has a Enterprise Value of ₹2,984.9 Mil as of Jul. 05, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Zenith Steel Pipes & Industries and its competitors.
Is Zenith Steel Pipes & Industries' Enterprise Value too high?
Zenith Steel Pipes & Industries' current Enterprise Value is ₹2,984.9 Mil. Overall, Zenith Steel Pipes & Industries has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zenith Steel Pipes & Industries' Enterprise Value compare to NUE and STLD?
Zenith Steel Pipes & Industries' Enterprise Value of ₹2,984.9 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Steel company?
A good Enterprise Value depends on the Steel industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Zenith Steel Pipes & Industries and its competitors. Zenith Steel Pipes & Industries's current Enterprise Value is ₹2,984.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenith Steel Pipes & Industries stock overvalued right now?
Based on GuruFocus' analysis, Zenith Steel Pipes & Industries (NSE:ZENITHSTL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3.26, compared to a current price of ₹5.61 — trading 72.1% above its estimated fair value. The current Enterprise Value is ₹2,984.9 Mil. Zenith Steel Pipes & Industries' overall GF Score™ is 47/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Zenith Steel Pipes & Industries (NSE:ZENITHSTL), the current Enterprise Value is ₹2,984.9 Mil as of Jul. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zenith Steel Pipes & Industries (NSE:ZENITHSTL) Overvalued in 2026?

Based on GuruFocus' analysis, Zenith Steel Pipes & Industries stock appears to be overvalued. The current stock price of ₹5.61 is trading 72.1% above its estimated GF Value™ of ₹3.26. GuruFocus considers Zenith Steel Pipes & Industries to be Significantly Overvalued.

Key valuation signals for NSE:ZENITHSTL:

  • Enterprise Value: ₹2,984.9 Mil
  • GF Value™: ₹3.26 vs. price of ₹5.61 (72.1% above fair value)
  • GF Score™: 47/100 with 7 warning signs

No single metric tells the full story. See the NSE:ZENITHSTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zenith Steel Pipes & Industries Business Description

Other Exchanges 531845:India
Address 206, J.B. Marg, 1st Floor, Dalamal House, Nariman Point, Mumbai, MH, IND, 400021
Zenith Steel Pipes & Industries Ltd is a manufacturer of steel pipes in India. Its product portfolio includes Electric Resistance Welded Black pipes, Electric Resistance Welded GI pipes, HSAW Pipes, and others. The vast majority of its revenue comes from India.
47GF Score

Get the complete analysis for NSE:ZENITHSTL

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹5.61
Price
₹3.26
GF Value