Zenith Steel Pipes & Industries Limited
Zenith Steel Pipes & Industries Limited, together with its subsidiaries, manufactures and sells steel pipes in India and internationally. It offers electric resistance welded black and galvanized pipes; and helical submerged arc welded pipes. The company's products are used for various applications, such as agriculture and irrigation water distribution, sprinklers, drill rods, bore-well, construc… Read more
Zenith Steel Pipes & Industries Limited (ZENITHSTL) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: -0.005x
Based on the latest financial reports, Zenith Steel Pipes & Industries Limited (ZENITHSTL) has a cash flow conversion efficiency ratio of -0.005x as of September 2023.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (₹13.41 Million) by net assets (₹-2.66 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Zenith Steel Pipes & Industries Limited - Cash Flow Conversion Efficiency Trend (2005–2025)
This chart illustrates how Zenith Steel Pipes & Industries Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Zenith Steel Pipes & Industries Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zenith Steel Pipes & Industries Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
BioForce Nanosciences Holdings Inc
PINK:BFNH
|
0.051x |
|
Park Street A/S
CO:PARKST-A
|
0.006x |
|
Afcon Holdings Ltd
TA:AFHL
|
0.022x |
|
Garibaldi Resources Corp
PINK:GGIFF
|
-0.015x |
|
AcouSort AB
ST:ACOU
|
-0.260x |
|
Thai Wire Products Public Company Limited
BK:TWP
|
-0.050x |
|
Finlay Minerals Ltd
OTCQB:FYMNF
|
0.037x |
|
WiSA Technologies Inc
NASDAQ:WISA
|
-0.074x |
Annual Cash Flow Conversion Efficiency for Zenith Steel Pipes & Industries Limited (2005–2025)
The table below shows the annual cash flow conversion efficiency of Zenith Steel Pipes & Industries Limited from 2005 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | ₹-2.57 Billion | ₹62.48 Million | -0.024x | -31.76% |
| 2024-03-31 | ₹-2.57 Billion | ₹47.44 Million | -0.018x | +73.57% |
| 2023-03-31 | ₹-2.56 Billion | ₹179.00 Million | -0.070x | -1540.87% |
| 2022-03-31 | ₹-2.42 Billion | ₹-11.73 Million | 0.005x | +107.48% |
| 2021-03-31 | ₹-2.54 Billion | ₹164.42 Million | -0.065x | +34.69% |
| 2020-03-31 | ₹-2.51 Billion | ₹249.27 Million | -0.099x | -13.14% |
| 2019-03-31 | ₹-2.42 Billion | ₹212.02 Million | -0.088x | -172.67% |
| 2018-03-31 | ₹-1.29 Billion | ₹41.33 Million | -0.032x | +59.87% |
| 2017-03-31 | ₹-881.50 Million | ₹70.64 Million | -0.080x | -182.73% |
| 2016-03-31 | ₹-546.81 Million | ₹-52.97 Million | 0.097x | -93.07% |
| 2015-03-31 | ₹-220.20 Million | ₹-307.96 Million | 1.399x | +186.64% |
| 2014-03-31 | ₹490.39 Million | ₹-791.56 Million | -1.614x | -1689.04% |
| 2013-03-31 | ₹2.47 Billion | ₹-222.48 Million | -0.090x | -232.81% |
| 2012-03-31 | ₹2.98 Billion | ₹202.32 Million | 0.068x | -43.33% |
| 2011-03-31 | ₹2.99 Billion | ₹357.98 Million | 0.120x | +175.92% |
| 2010-03-31 | ₹1.81 Billion | ₹-286.55 Million | -0.158x | -281.14% |
| 2009-03-31 | ₹2.25 Billion | ₹195.90 Million | 0.087x | +1162.62% |
| 2008-03-31 | ₹2.15 Billion | ₹14.84 Million | 0.007x | +101.45% |
| 2007-03-31 | ₹1.99 Billion | ₹-951.17 Million | -0.477x | -762.31% |
| 2006-03-31 | ₹658.15 Million | ₹47.45 Million | 0.072x | +126.10% |
| 2005-03-31 | ₹529.34 Million | ₹-146.24 Million | -0.276x | -- |