Zenith Exports Ltd
₹ 116
1.96%
29 Sep
11:51 a.m.
About
Incorporated in 1969, Zenith Exports Ltd is in the business of Leather Goods & Textile Fabrics[1]
Key Points
- Market Cap ₹ 62.5 Cr.
- Current Price ₹ 116
- High / Low ₹ 179 / 72.1
- Stock P/E 64.4
- Book Value ₹ 148
- Dividend Yield 0.00 %
- ROCE 2.23 %
- ROE 0.95 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.78 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -10.7% over past five years.
- Company has a low return on equity of 0.51% over last 3 years.
- Earnings include an other income of Rs.4.25 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: Leather Industry: Leather / Leather Products
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Quarterly Results
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
272.96 | 279.83 | 315.52 | 266.46 | 242.51 | 128.61 | 109.52 | 98.54 | 82.82 | 50.70 | 90.54 | 62.25 | 64.23 | |
264.50 | 269.41 | 299.94 | 261.81 | 240.26 | 133.21 | 113.84 | 99.01 | 87.11 | 52.59 | 90.16 | 62.39 | 65.27 | |
Operating Profit | 8.46 | 10.42 | 15.58 | 4.65 | 2.25 | -4.60 | -4.32 | -0.47 | -4.29 | -1.89 | 0.38 | -0.14 | -1.04 |
OPM % | 3.10% | 3.72% | 4.94% | 1.75% | 0.93% | -3.58% | -3.94% | -0.48% | -5.18% | -3.73% | 0.42% | -0.22% | -1.62% |
2.93 | 2.51 | 1.20 | 6.40 | 4.55 | 3.58 | 5.31 | -6.02 | 5.61 | 3.21 | 3.48 | 4.51 | 4.25 | |
Interest | 5.85 | 5.27 | 7.49 | 6.69 | 3.28 | 0.31 | 1.36 | 1.65 | 1.36 | 1.28 | 1.22 | 1.07 | 0.78 |
Depreciation | 6.31 | 6.50 | 6.46 | 4.56 | 3.49 | 1.42 | 1.41 | 1.63 | 1.69 | 1.64 | 1.28 | 1.30 | 1.21 |
Profit before tax | -0.77 | 1.16 | 2.83 | -0.20 | 0.03 | -2.75 | -1.78 | -9.77 | -1.73 | -1.60 | 1.36 | 2.00 | 1.22 |
Tax % | 55.84% | 27.59% | 40.99% | 140.00% | -400.00% | 24.36% | -5.06% | 19.34% | 17.34% | 19.38% | 25.74% | 21.00% | |
-0.34 | 0.84 | 1.67 | 0.08 | 0.16 | -2.08 | -1.88 | -7.87 | -1.43 | -1.30 | 1.01 | 1.58 | 0.97 | |
EPS in Rs | -0.63 | 1.56 | 3.09 | 0.15 | 0.30 | -3.85 | -3.48 | -14.58 | -2.65 | -2.41 | 1.87 | 2.93 | 1.80 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -14% |
5 Years: | -11% |
3 Years: | -9% |
TTM: | -29% |
Compounded Profit Growth | |
---|---|
10 Years: | -1% |
5 Years: | 18% |
3 Years: | 33% |
TTM: | -52% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 24% |
3 Years: | 41% |
1 Year: | 52% |
Return on Equity | |
---|---|
10 Years: | 0% |
5 Years: | 0% |
3 Years: | 1% |
Last Year: | 1% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5.40 | 5.40 | 5.40 | 5.40 | 5.40 | 5.40 | 5.40 | 5.40 | 5.40 | 5.40 | 5.40 | 5.40 | |
Reserves | 89.03 | 89.87 | 91.53 | 86.41 | 86.57 | 84.48 | 82.77 | 74.86 | 73.29 | 71.78 | 72.76 | 74.33 |
29.96 | 32.89 | 35.67 | 31.63 | 12.63 | 6.80 | 11.30 | 13.02 | 8.27 | 7.79 | 13.81 | 9.47 | |
34.40 | 35.84 | 28.49 | 13.45 | 16.43 | 13.76 | 11.93 | 14.26 | 12.27 | 10.90 | 9.55 | 10.81 | |
Total Liabilities | 158.79 | 164.00 | 161.09 | 136.89 | 121.03 | 110.44 | 111.40 | 107.54 | 99.23 | 95.87 | 101.52 | 100.01 |
49.20 | 45.77 | 40.82 | 29.16 | 22.89 | 20.69 | 17.96 | 15.59 | 14.61 | 12.68 | 12.12 | 10.24 | |
CWIP | 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 | 0.01 | 0.12 | 0.21 | 0.01 | 0.01 | 4.08 | 17.56 | 2.00 | 0.00 | 0.17 | 0.54 | 0.85 |
109.58 | 118.11 | 120.06 | 107.72 | 98.13 | 85.67 | 75.88 | 89.95 | 84.62 | 83.02 | 88.86 | 88.92 | |
Total Assets | 158.79 | 164.00 | 161.09 | 136.89 | 121.03 | 110.44 | 111.40 | 107.54 | 99.23 | 95.87 | 101.52 | 100.01 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1.77 | 2.80 | 7.93 | 6.83 | 19.21 | 11.67 | 7.99 | -8.87 | 16.90 | 2.52 | -14.98 | 19.23 | |
-2.85 | -2.77 | -1.40 | 0.42 | 3.57 | -2.59 | -12.03 | 15.61 | -10.30 | 1.18 | 11.47 | -15.55 | |
1.08 | -0.22 | -3.23 | -9.64 | -21.42 | -6.14 | 3.64 | 0.40 | -5.75 | -1.52 | 5.14 | -4.98 | |
Net Cash Flow | 0.00 | -0.19 | 3.30 | -2.39 | 1.37 | 2.94 | -0.39 | 7.15 | 0.85 | 2.18 | 1.63 | -1.31 |
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 | 22.81 | 21.52 | 19.32 | 29.42 | 51.85 | 63.06 | 56.22 | 50.67 | 57.65 | 67.96 | 55.59 | 54.30 |
Inventory Days | 119.56 | 134.97 | 110.71 | 114.67 | 90.68 | 140.77 | 169.01 | 269.17 | 184.97 | 360.26 | 238.18 | 290.24 |
Days Payable | 30.82 | 34.93 | 19.64 | 6.02 | 13.98 | 24.79 | 17.94 | 37.72 | 41.33 | 85.61 | 31.12 | 62.40 |
Cash Conversion Cycle | 111.54 | 121.56 | 110.38 | 138.07 | 128.55 | 179.05 | 207.29 | 282.13 | 201.29 | 342.61 | 262.65 | 282.13 |
Working Capital Days | 89.97 | 99.00 | 93.36 | 116.32 | 110.71 | 158.42 | 171.60 | 208.35 | 168.57 | 252.12 | 209.67 | 200.30 |
ROCE % | 4.13% | 4.97% | 7.95% | 4.81% | 2.53% | -1.62% | -0.81% | -0.72% | -1.11% | 0.50% | 2.89% | 2.23% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 20h
- Regulation 30 Of SEBI (LODR) Regulations, 2015-Proceedings Of The 41St Annual General Meeting Of The Company Held Through Video Conferring (VC) And/Or Other Audio Visual Means (OAVM) On 27Th September'2023 1d
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2 Sep - Disclosure under regulations 30 and 47 of the SEBI ( Listing Obligation and Disclosure Requirements) Regulations 2015, for dispatch of Notice of the 41st Annual …
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
2 Sep - Disclosure under regulation 30 and 47 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, for dispatch of notice of the 41st Annual General Meeting …
- Ntimation Of Book Closure Pursuant To Regulation 42 Of The SEBI (LODR) Regulations, 2015 For The 41St Annual General Meeting (AGM) Of The Company To Be Held On Wednesday, September 27 , 2023 At 11:30 A.M. Through VC/OAVM. 1 Sep
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
from bse
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Financial Year 2020
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from nse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
Business Overview:[1]
Company manufactures textile products for the fashion and home furnishing industries. It has established manufacturing units to cater to handcrafted and automated fabrication sectors