Zenith Steel Pipes & Industries (NSE:ZENITHSTL) Scaled Net Operating Assets: N/A (As of Mar. 2026)


NSE:ZENITHSTL Zenith Steel Pipes & Industries Ltd NSE:ZENITHSTL
47 GF Score
Price ₹5.58
GF Value ₹3.33
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Zenith Steel Pipes & Industries Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Zenith Steel Pipes & Industries's operating assets for the quarter that ended in Mar. 2026 was ₹1,524.2 Mil. Zenith Steel Pipes & Industries's operating liabilities for the quarter that ended in Mar. 2026 was ₹1,826.7 Mil. Zenith Steel Pipes & Industries's Total Assets for the quarter that ended in Dec. 2025 was ₹0.0 Mil. Therefore, Zenith Steel Pipes & Industries's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was N/A.

Zenith Steel Pipes & Industries Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Zenith Steel Pipes & Industries's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Zenith Steel Pipes & Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.28 -0.33 -0.38 -0.36 -0.19

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
Scaled Net Operating Assets 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 0.00 0.00 0.00 0.00 0.00

NSE:ZENITHSTL vs NUE, STLD, RS: Scaled Net Operating Assets Comparison

For the Steel subindustry, Zenith Steel Pipes & Industries's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Steel Industry

For the Steel industry and Basic Materials sector, Zenith Steel Pipes & Industries's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Zenith Steel Pipes & Industries's Scaled Net Operating Assets falls into.


NSE:ZENITHSTL
47GF Score
Zenith Steel Pipes & Industries Ltd NSE:ZENITHSTL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zenith Steel Pipes & Industries Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Zenith Steel Pipes & Industries's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(1524.152-1826.739)/1585.516
=-0.19

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1539.405 - 15.253
=1524.152

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4028.724 - 373.743 - 1828.242
=1826.739

Zenith Steel Pipes & Industries's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(1524.152-1826.739)/0
=N/A

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1539.405 - 15.253
=1524.152

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4028.724 - 373.743 - 1828.242
=1826.739

* 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.

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 ₹5.58 is trading 67.6% above its estimated GF Value™ of ₹3.33. GuruFocus considers Zenith Steel Pipes & Industries to be Significantly Overvalued.

Key valuation signals for NSE:ZENITHSTL:

  • Scaled Net Operating Assets: N/A
  • GF Value™: ₹3.33 vs. price of ₹5.58 (67.6% 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

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

₹5.58
Price
₹3.33
GF Value