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.

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. Read Zenith Steel Pipes & Industries Limited balance sheet liabilities for a breakdown of total debt and financial obligations.

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
Redivium Ltd AU:RIL	2.594x
Thriven Global Bhd KLSE:7889	0.023x
CHINA GREEN AGRIC.DL-001 F:GR0A	N/A
RomReal Limited F:3RR	-0.015x
Transocean Holdings Bhd KLSE:7218	-0.015x
CPL Group Public Company Limited BK:CPL	0.066x
Leslies Inc NASDAQ:LESL	0.166x
Inno Holdings Inc. Common Stock NASDAQ:INHD	-0.106x

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 stock market capitalisation.

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

$9.60 Million

Rs887.83 Million INR

Market Cap Rank

#26968 Global

#1519 in India

Share Price

Rs6.24

Change (1 day)

-2.95%

52-Week Range

Rs4.60 - Rs9.88

All Time High

Rs14.72