Zenith Fibres Ltd Stock Analysis

BSE: 514266 | NSE: | Textile - Manmade Fibres | Small Cap

BSE Share Price Jan 27, 18:01
62.50 -0.70 (-1.11%)

DeciZen - Make an Informed Decision on Zenith Fibres

M-Cap below 100cr DeciZen not available

FAQ's

1. Is Zenith Fibres Ltd a good quality company?

Data is not available for this company.

2. Is Zenith Fibres Ltd undervalued or overvalued?

The key valuation ratios of Zenith Fibres Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Zenith Fibres Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Zenith Fibres Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Zenith Fibres:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 16.1%17.6%11.3%17.5%22.6%13.2%5.3%5.8%3.9%1.2%-
Value Creation Index 0.20.3-0.20.30.6-0.1-0.6-0.6-0.7-0.9-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 50.454.255.666.963.852.536.229.828.423.943
YoY Gr. Rt. %-7.5%2.5%20.4%-4.6%-17.8%-31%-17.6%-4.9%-15.7%-
Adj EPS 7.89.87.312.818.712.75.56.34.71.36.4
YoY Gr. Rt. %-25.8%-25.6%75.4%46.4%-31.9%-56.8%14.4%-25.9%-72.1%-
BVPS (₹) 50.358.16474.191.2104.6109.1112.5123.1124.7129.3
Adj Net Profit 3.44.33.25.78.35.62.42.81.80.53
Cash Flow from Ops. 2.93.4-0.87.693.94.41.8-1.31.5-
Debt/CF from Ops. 0.20.3-4.20.10.100000-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales -8%-17.8%-12.9%-15.7%
Adj EPS -18%-41.3%-38.2%-72.1%
BVPS 10.66.54.61.2
Share Price 8.1% -14.8% -0% 59.2%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 15.917.611.718.122.4135.25.73.71.15
Op. Profit Mgn % 10.310.68.310.517.714.37.98.75.7-0.25.5
Net Profit Mgn % 6.885.88.41310.76.79.36.52.15.9
Debt to Equity 000.100000000
Working Cap Days 778192756584121152233327275
Cash Conv. Cycle 44455951415072646887260

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 5.00%

Sales growth is good in last 4 quarters at 137.22%

Sales growth has been subdued in last 3 years -12.90%

Net Profit has been subdued in last 3 years -38.17%

Latest Financials - Zenith Fibres Ltd.

Standalone Consolidated
TTM EPS (₹) 6.4 -
TTM Sales (₹ Cr.) 42.7 -
BVPS (₹.) 129.3 -
Reserves (₹ Cr.) 47 -
P/BV 0.49 -
PE 9.91 -
From the Market
52 Week Low / High (₹) 35.00 / 73.75
All Time Low / High (₹) 0.20 / 227.35
Market Cap (₹ Cr.) 24.9
Equity (₹ Cr.) 3.9
Face Value (₹) 10
Industry PE 11.4

Management X-Ray of Zenith Fibres :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

About Zenith Fibres Ltd

Zenith Fibres incorporated in the year 1989 is the only company in India manufacturing the entire range of Polypropylene Staple Fibre (PPSF). The Company is also trading in Polypropylene Spun Yarn.Zenith Fibres has been promoted by The Rungta Group, a multicrore conglomerate.

The Company is promoted by A.K. Rungta, who is former President of FICCI and International Chamber of Commerce-India. He has also held several key positions in leading organisations at both National & International level. He is a former Director of IIBI and Honourary Consul of South Africa in West Bengal.

The company has set up a plant to manufacture PPSF in village Tundav, near Baroda, India. The plant and technology was imported from Barmag AG, Germany. The company has expanded its capacity of PPSF from August 1996.The plant for expansion was imported from PFE Ltd.UK.

About 60% of PPSF production is presently marketed in the domestic market. Balance 40% of production is exported to countries like Nepal, Malaysia, Saudi Arabia, United Arab Emirates, Italy, Australia, South Africa and Japan. The quality of PPSF is very well accepted in both the domestic and the international markets. Both Barmag and P.F.E. Fibre Lines are capable of producing wide range of PPSF Deniers and cut lengths.

Product range of the company includes:Zenith Fibres Ltd., is the only Company in India manufacturing the entire range of Polypropylene Staple Fibre(PPSF).

PPSF of various shades

  • Woven
  • Non-Woven
  • Knitted
  • Apolon- Apolon is PPSF manufactured by melt spinning of isotactic polypropylene resin.

Now it is also marketing 100% Polypropylene Spun Yarn by spinning 2.5 denier x 51mm length fibres into yarns in English counts 15's/1, 15's/2, 24's/1 and 24's/2.

Achievements/ recognition:

  • The company has an ISO 9001:2000 certification.
Read More Read Less