Zenith Steel Pipes & Industries Limited Cash Flow Conversion Efficiency

Latest as of September 2023: -0.005x

Zenith Steel Pipes & Industries Limited cash flow conversion efficiency. 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.

Cash Flow Conversion Efficiency of Zenith Steel Pipes & Industries Limited (2005–2025)

Cash flow conversion efficiency of Zenith Steel Pipes & Industries Limited from 2005 to 2025. This chart illustrates how Zenith Steel Pipes & Industries Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Zenith Steel Pipes & Industries Limited (ZENITHSTL) stock price for real-time trading data and today's change.

Zenith Steel Pipes & Industries Limited Cash Flow Conversion Ratio Explained

Zenith Steel Pipes & Industries Limited cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see Zenith Steel Pipes & Industries Limited stock valuation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Redcastle Resources Ltd AU:RC1	-0.103x
CMO Public Company Limited BK:CMO	-0.131x
SEL Manufacturing Company Limited NSE:SELMC	-0.098x
Fastpasscorp A/S CO:FASTPC	0.246x
Beeio Honey Ltd TA:BHNY	-0.162x
Gauzy Ltd. Ordinary Shares NASDAQ:GAUZ	-0.185x
Copaur Minerals Inc V:CPAU	-0.008x
Truscott Mining Corporation Ltd AU:TRM	-0.049x

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. Review free cash flow generation of Zenith Steel Pipes & Industries Limited to assess how much free cash flow the company generates relative to operating cash flow.

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

$7.42 Million

Rs685.79 Million INR

Market Cap Rank

#27657 Global

#1544 in India

Share Price

Rs4.82

Change (1 day)

-0.41%

52-Week Range

Rs4.60 - Rs8.30

All Time High

Rs14.72