Zenith Steel Pipes & Industries Limited (ZENITHSTL) - Cash Flow Conversion Efficiency

Latest 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 (Rs13.41 Million ≈ $145.07K USD) by net assets (Rs-2.66 Billion ≈ $-28.77 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See ZENITHSTL equity financing ratio to measure how much of total assets are equity-financed.

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. Check how high is Zenith Steel Pipes & Industries Limited's earnings quality to evaluate the quality of earnings relative to operating cash generation.

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
Sangsangin Industry Co. Ltd. KQ:101000	-0.035x
Akkhie Prakarn Public Company Limited BK:AKP	0.036x
Asuransi Bintang Tbk JK:ASBI	-0.011x
Tay Ninh Cable Car Tour Co. VN:TCT	-0.003x
Viking Mines Ltd AU:VKA	-0.290x
Synex International Inc. TO:SXI	0.061x
Suzhou Goldengreen Technologies Ltd SHE:002808	-0.049x
Bram Indus TA:BRAM	0.069x

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. For the full company profile with market capitalisation and key ratios, see ZENITHSTL company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	Rs-2.57 Billion ≈ $-27.77 Million	Rs62.48 Million ≈ $675.68K	-0.024x	-31.76%
2024-03-31	Rs-2.57 Billion ≈ $-27.78 Million	Rs47.44 Million ≈ $513.03K	-0.018x	+73.57%
2023-03-31	Rs-2.56 Billion ≈ $-27.70 Million	Rs179.00 Million ≈ $1.94 Million	-0.070x	-1540.87%
2022-03-31	Rs-2.42 Billion ≈ $-26.16 Million	Rs-11.73 Million ≈ $-126.90K	0.005x	+107.48%
2021-03-31	Rs-2.54 Billion ≈ $-27.44 Million	Rs164.42 Million ≈ $1.78 Million	-0.065x	+34.69%
2020-03-31	Rs-2.51 Billion ≈ $-27.17 Million	Rs249.27 Million ≈ $2.70 Million	-0.099x	-13.14%
2019-03-31	Rs-2.42 Billion ≈ $-26.15 Million	Rs212.02 Million ≈ $2.29 Million	-0.088x	-172.67%
2018-03-31	Rs-1.29 Billion ≈ $-13.90 Million	Rs41.33 Million ≈ $446.94K	-0.032x	+59.87%
2017-03-31	Rs-881.50 Million ≈ $-9.53 Million	Rs70.64 Million ≈ $764.00K	-0.080x	-182.73%
2016-03-31	Rs-546.81 Million ≈ $-5.91 Million	Rs-52.97 Million ≈ $-572.85K	0.097x	-93.07%
2015-03-31	Rs-220.20 Million ≈ $-2.38 Million	Rs-307.96 Million ≈ $-3.33 Million	1.399x	+186.64%
2014-03-31	Rs490.39 Million ≈ $5.30 Million	Rs-791.56 Million ≈ $-8.56 Million	-1.614x	-1689.04%
2013-03-31	Rs2.47 Billion ≈ $26.67 Million	Rs-222.48 Million ≈ $-2.41 Million	-0.090x	-232.81%
2012-03-31	Rs2.98 Billion ≈ $32.21 Million	Rs202.32 Million ≈ $2.19 Million	0.068x	-43.33%
2011-03-31	Rs2.99 Billion ≈ $32.30 Million	Rs357.98 Million ≈ $3.87 Million	0.120x	+175.92%
2010-03-31	Rs1.81 Billion ≈ $19.63 Million	Rs-286.55 Million ≈ $-3.10 Million	-0.158x	-281.14%
2009-03-31	Rs2.25 Billion ≈ $24.30 Million	Rs195.90 Million ≈ $2.12 Million	0.087x	+1162.62%
2008-03-31	Rs2.15 Billion ≈ $23.24 Million	Rs14.84 Million ≈ $160.47K	0.007x	+101.45%
2007-03-31	Rs1.99 Billion ≈ $21.54 Million	Rs-951.17 Million ≈ $-10.29 Million	-0.477x	-762.31%
2006-03-31	Rs658.15 Million ≈ $7.12 Million	Rs47.45 Million ≈ $513.13K	0.072x	+126.10%
2005-03-31	Rs529.34 Million ≈ $5.72 Million	Rs-146.24 Million ≈ $-1.58 Million	-0.276x	--

About Zenith Steel Pipes & Industries Limited

NSE:ZENITHSTL India Steel

Market Cap

$8.66 Million

Rs801.04 Million INR

Market Cap Rank

#27412 Global

#1530 in India

Share Price

Rs5.63

Change (1 day)

+1.62%

52-Week Range

Rs4.60 - Rs9.88

All Time High

Rs14.72