Zenith Fibres Limited

Zenith Fibres Limited

BBSE:ZENIFIB
60.05
INR
-0.54
(-0.89%)
9.50EPS
5.51P/E
206.67MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
125.65
151.25
144.34
117.91
81.27
67.27
69.9
60.58
132.02
127.05
86.87
131.75
101.14
118.12
Basic EPS, GAAP
7.67
13.36
19.2
13.87
7.22
4.95
4.89
1.74
7.09
7.2
3.34
4.57
7.41
9.5
Free Cash Flow per Basic Share
-2.05
16.2
20.05
7.97
4.99
3.6
-23.76
4.15
-2
4.1
-4.55
-9.71
-4.33
- -
Dividend per Share
2.3
1.74
2.97
3.61
2.41
1.81
1.18
- -
- -
1.5
1.5
1
1
- -
Book Value per Share
65.48
75.58
94.57
104.56
109.07
112.52
123.14
124.65
131.81
137.41
139.45
143.13
149.64
- -
Tangible Book Value per Share
65.45
75.55
94.45
104.46
108.99
112.46
123.1
124.62
131.81
137.41
139.44
143.12
149.63
- -
Basic Weighted Avg Shares
4
4
4
4
4
4
4
4
4
4
4
4
4
4
Sales/Revenue/Turnover
556
669
638
521
359
297
283
239
521
501
343
520
399
458
Operating Margin (%)
6.75
10.64
16.96
13.05
6.1
0.06
2.43
-4.27
3.78
2.96
-3.11
-1.63
-5.29
-2.76
Depreciation Expense
11
8
7
6
6
6
9
9
10
9
8
8
8
8
Net Income, GAAP
34
59
85
61
32
22
20
7
28
28
13
18
29
37
Effective Tax Rate (%)
34.32
33.41
35.54
33.86
33.14
15.53
24.2
26.31
24.52
25.77
24.03
24.86
24.63
24.9
Profit Margin (%)
6.1
8.83
13.3
11.76
8.89
7.35
7
2.87
5.37
5.66
3.85
3.47
7.33
8.05
Working Capital
220
275
362
226
218
300
330
349
395
384
339
313
229
- -
LT Debt
4
5
2
- -
- -
- -
5
3
2
2
- -
- -
- -
- -
Total Equity
290
334
418
462
482
498
486
492
520
542
550
565
590
- -
Return on Invested Capital (%)
11.43
17.8
21.95
12.07
2.98
0.04
1.09
-1.52
2.89
2.06
-1.48
-1.12
-2.74
- -
Return on Capital (%)
11.66
17.95
22.32
13.9
6.77
4.47
4.08
1.46
5.54
5.45
2.47
3.31
5.13
- -
Return on Common Equity (%)
12.27
18.94
22.57
13.93
6.76
4.46
4.02
1.4
5.53
5.35
2.41
3.23
5.06
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
4
4
Market Capitalization
226
190
207

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
252
- -
Cash, Cash Equivalents & STI
- -
131
- -
Accounts Receivable, Net
- -
27
- -
Inventories
- -
26
- -
Total Current Liabilities
- -
22
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.55%
3.73%
4.55%
Free Cash Flow
-155.16%
-121.22%
-55.41%
Net Income, GAAP
17.23%
70.87%
62.24%
Sales/Revenue/Turnover
2.39%
22.19%
-23.23%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
103
133
141
145
520
2026
97
93
97
113
399
2027
154
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.35
1.76
2.83
-1.37
4.57
2026
0.96
-0.15
6.63
-0.03
7.41
2027
2.89
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
1
2027
- -
- -
- -
- -
- -

Company Description

CEO
Sanjeev Ajaykumar Rungta
Full Time Employees
76
Sector
Process industries
Industry
Textiles
Address
103, Synergy House Vadodara GU India 390023
IPO Date
Mar 4, 1993
Business
Zenith Fibres Limited manufactures and exports polypropylene staple fibers (PPSF) primarily serving the manmade fiber industry. Its core products include polypropylene staple fibers in deniers ranging from 2 to 70 available in natural white, virgin, generic, and dope-dyed colors with specialized additives and masterbatches such as UV resistant, flame retardant/fire resistant (halogen-free or brominated), and silver-based antimicrobial options. The company also produces 100% polypropylene spun yarns of various English counts used for weaving filter fabrics and PP Dref-2 yarn utilized mainly in filtration candle manufacturing. Zenith operates through its manufacturing base in Vadodara, India, with an installed capacity of 6,000 metric tonnes per annum for PPSF, focusing on tailored melt-spun fibers developed for specific customer manufacturing processes and end applications. Zenith also generates renewable energy through wind turbines, holding a 1500 KW wind turbine generator capacity. Founded in 1989 and headquartered in Vadodara, the company held a dominant position with 100% market share in polypropylene staple fibers in India for over two decades and has expanded globally with exports worldwide. Zenith Fibres is ISO 9001:2015 certified and emphasizes continuous innovation, quality control, and environmental sustainability initiatives. In recent developments within the last 1-2 years, Zenith Fibres has engaged in strategic divestments such as the sale of a stake in Rainy Properties Pvt Ltd to Transglobal Trade Integration Private Limited for INR 2.7 crore and maintained a focus on operational excellence and growth as reflected in its steady financial performance, including an over 50% year-on-year increase in net sales reported in late 2024. The company continues to enhance product offerings and pursues quality-driven production technologies to meet evolving market demands and regulatory standards. Zenith Fibres operates primarily in the manmade fibers and industrial filtration textiles sector, serving diverse end markets including textile manufacturing, battery separators, high-efficiency particulate air (HEPA) filtration, and other technical fiber applications. It also contributes to sustainable energy generation and environmental responsibility via its wind power operations. The company’s strategic direction exhibits a blend of product innovation, market expansion, and environmental stewardship. Zenith Fibres Limited is listed on BSE with ticker ZENIFIB.BO and remains a key player in the Indian polypropylene staple fiber industry with an increasing footprint in international markets. Its leadership and governance continue to reflect stable oversight under the executive chairman and board of directors headquartered in Vadodara, Gujarat, India.