Zenith Fibres Ltd

Zenith Fibres Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Zenith Fibres Ltd

₹ 82.0 -1.18%
18 Apr 1:06 p.m.
zenithfibres.com BSE: 514266
About

Incorporated in 1989, Zenith Fibres Ltd is in manufacturing of Manmade Fibres and power generation through Wind Turbine[1]

Key Points

Product Profile:[1]
a) PPSF in Denier ranging from 2 to 70 in Natural White/ Virgin/ Generic and Dope Dyed colours with and without Additives
b) Master batches such as UV Resistant, Flame Retardant/ Fire-Resistant (Halogen-free or brominated), Silver based Anti-microbial Master batch, etc.
c) 100% Polypropylene Spun Yarn used in weaving good quality filter fabric
d) PP Dref-2 Yarn used in manufacture of filtration candles

Website BSE
  • Market Cap ₹ 32.3 Cr.
  • Current Price ₹ 82.0
  • High / Low ₹ 117 / 60.0
  • Stock P/E 35.2
  • Book Value ₹ 139
  • Dividend Yield 1.83 %
  • ROCE 7.49 %
  • ROE 5.46 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.59 times its book value

Cons

  • Company has a low return on equity of 4.10% over last 3 years.
  • Earnings include an other income of Rs.2.35 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Textiles Industry: Textiles - Manmade

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
5.14 10.84 13.36 13.37 10.11 15.50 14.70 15.23 12.29 8.54 5.59 10.58 9.30
4.98 10.66 11.95 12.75 9.60 14.92 13.68 13.36 11.88 9.06 6.33 9.74 9.13
Operating Profit 0.16 0.18 1.41 0.62 0.51 0.58 1.02 1.87 0.41 -0.52 -0.74 0.84 0.17
OPM % 3.11% 1.66% 10.55% 4.64% 5.04% 3.74% 6.94% 12.28% 3.34% -6.09% -13.24% 7.94% 1.83%
0.52 0.62 0.44 0.48 0.48 0.26 0.48 0.52 0.55 0.48 0.52 0.65 0.70
Interest 0.03 0.04 0.03 0.03 0.02 0.03 0.01 0.03 0.02 0.04 0.01 0.00 0.02
Depreciation 0.24 0.22 0.24 0.24 0.24 0.24 0.24 0.23 0.22 0.20 0.20 0.20 0.20
Profit before tax 0.41 0.54 1.58 0.83 0.73 0.57 1.25 2.13 0.72 -0.28 -0.43 1.29 0.65
Tax % 29.27% 25.93% 24.05% 24.10% 31.51% 19.30% 25.60% 24.88% 26.39% 21.43% 25.58% 26.36% 20.00%
0.28 0.40 1.21 0.62 0.51 0.46 0.94 1.60 0.53 -0.23 -0.32 0.95 0.52
EPS in Rs 0.71 1.01 3.07 1.57 1.29 1.17 2.38 4.06 1.34 -0.58 -0.81 2.41 1.32
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
50.43 54.23 55.57 66.89 63.83 52.47 36.21 29.84 28.37 23.93 52.35 50.76 34.01
45.27 48.47 50.97 59.87 52.56 44.95 33.35 29.14 26.75 23.97 49.16 47.77 34.26
Operating Profit 5.16 5.76 4.60 7.02 11.27 7.52 2.86 0.70 1.62 -0.04 3.19 2.99 -0.25
OPM % 10.23% 10.62% 8.28% 10.49% 17.66% 14.33% 7.90% 2.35% 5.71% -0.17% 6.09% 5.89% -0.74%
1.36 1.71 1.91 2.93 2.89 2.57 2.57 2.54 2.00 2.05 1.59 1.82 2.35
Interest 0.16 0.20 0.23 0.27 0.27 0.20 0.10 0.05 0.12 0.13 0.11 0.10 0.07
Depreciation 0.94 1.06 1.11 0.81 0.72 0.62 0.55 0.60 0.89 0.95 0.96 0.89 0.80
Profit before tax 5.42 6.21 5.17 8.87 13.17 9.27 4.78 2.59 2.61 0.93 3.71 3.82 1.23
Tax % 34.69% 28.50% 34.24% 33.48% 35.54% 33.87% 33.26% 15.83% 24.14% 26.88% 24.53% 25.92%
3.54 4.45 3.39 5.91 8.49 6.13 3.19 2.19 1.98 0.69 2.80 2.84 0.92
EPS in Rs 8.00 10.06 7.67 13.36 19.20 13.86 7.21 4.95 5.02 1.75 7.10 7.20 2.34
Dividend Payout % 28.76% 22.88% 22.52% 21.53% 15.62% 14.42% 20.78% 20.18% 0.00% 0.00% 21.11% 20.81%
Compounded Sales Growth
10 Years: -1%
5 Years: 7%
3 Years: 21%
TTM: -41%
Compounded Profit Growth
10 Years: -4%
5 Years: -2%
3 Years: 17%
TTM: -74%
Stock Price CAGR
10 Years: 12%
5 Years: 9%
3 Years: 30%
1 Year: 23%
Return on Equity
10 Years: 8%
5 Years: 4%
3 Years: 4%
Last Year: 5%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 5.09 5.09 5.09 5.09 4.42 4.42 4.42 4.42 3.94 3.94 3.94 3.94 3.94
Reserves 17.84 21.25 23.87 28.33 35.89 41.82 43.81 45.34 44.62 45.22 48.05 50.25 50.88
0.45 1.02 3.38 0.75 0.46 0.16 0.00 0.00 0.62 0.46 0.35 0.30 0.23
4.49 3.72 3.45 4.02 5.10 3.54 2.88 2.50 2.71 3.27 4.27 3.54 4.72
Total Liabilities 27.87 31.08 35.79 38.19 45.87 49.94 51.11 52.26 51.89 52.89 56.61 58.03 59.77
4.98 6.66 5.65 5.72 4.97 4.68 6.14 5.72 13.79 12.84 12.56 11.89 11.73
CWIP 1.62 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 1.00 1.00 1.00 1.42 17.89 19.55 15.06 3.83 3.65 2.23 2.00 1.69
21.27 23.42 29.14 31.47 39.48 27.37 25.42 31.48 34.27 36.40 41.82 44.14 46.35
Total Assets 27.87 31.08 35.79 38.19 45.87 49.94 51.11 52.26 51.89 52.89 56.61 58.03 59.77

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
2.92 3.39 -0.80 7.62 8.96 3.86 4.39 1.79 -1.34 1.69 -0.01 1.81
-1.39 -0.81 1.21 0.78 1.54 -16.22 -1.10 0.85 0.82 0.71 -0.53 -0.18
-0.59 -0.54 1.25 -3.49 -1.68 -2.10 -1.33 -0.85 -3.32 -0.22 -0.22 -0.81
Net Cash Flow 0.94 2.04 1.66 4.91 8.82 -14.46 1.96 1.79 -3.84 2.17 -0.76 0.82

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 37.49 26.32 49.00 24.39 22.13 38.26 12.50 9.66 35.64 27.61 33.68 12.01
Inventory Days 31.56 43.72 46.21 37.69 42.80 46.85 88.29 73.86 85.35 76.73 35.11 47.65
Days Payable 13.74 6.36 6.85 5.98 8.17 13.60 2.40 5.50 6.50 4.55 8.68 6.96
Cash Conversion Cycle 55.31 63.68 88.36 56.10 56.76 71.51 98.38 78.03 114.49 99.79 60.11 52.70
Working Capital Days 42.41 44.09 71.73 47.47 38.20 65.60 66.93 160.24 258.34 303.23 176.12 196.59
ROCE % 25.34% 25.42% 18.09% 25.65% 36.06% 21.70% 10.25% 3.27% 5.11% 1.66% 7.59% 7.49%

Shareholding Pattern

Numbers in percentages

6 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
46.21% 46.25% 46.25% 46.25% 46.25% 46.28% 46.35% 46.35% 46.36% 46.36% 46.36% 46.36%
0.11% 0.11% 0.11% 0.11% 0.11% 0.11% 0.11% 0.11% 0.11% 0.11% 0.11% 0.11%
53.68% 53.64% 53.64% 53.64% 53.64% 53.60% 53.54% 53.54% 53.52% 53.52% 53.54% 53.52%
No. of Shareholders 4,0573,9703,7973,8273,8594,0134,1554,0584,0474,0793,9644,328

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports