Zenith Steel Pipes & Industries Limited Net Asset Quality Index
Zenith Steel Pipes & Industries Limited net asset quality index. Zenith Steel Pipes & Industries Limited (ZENITHSTL) has a Net Asset Quality Index of -161.8% as of March 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs1.59 Billion minus total liabilities of Rs4.15 Billion yields net assets of Rs-2.57 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See Zenith Steel Pipes & Industries Limited book value and equity for net asset value and shareholders' equity analysis.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Zenith Steel Pipes & Industries Limited (2005–2025)
Net asset quality index of Zenith Steel Pipes & Industries Limited from 2005 to 2025. This chart shows how Zenith Steel Pipes & Industries Limited's Net Asset Quality Index has evolved across 21 annual periods from 2005 to 2025. As of March 2025, the index stands at -161.8%, representing net assets of Rs-2.57 Billion against total assets of Rs1.59 Billion INR. Check how tangible is Zenith Steel Pipes & Industries Limited's equity to evaluate the tangible quality of the company's equity base.
Zenith Steel Pipes & Industries Limited Net Asset Quality Index by Year (2005–2025)
Zenith Steel Pipes & Industries Limited net asset quality index by year from 2005 to 2025. The table below presents the year-by-year Net Asset Quality Index for Zenith Steel Pipes & Industries Limited from 2005 to 2025, covering 21 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see ZENITHSTL market cap.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -161.8% | Rs-2.57 Billion | Rs1.59 Billion | Rs4.15 Billion | ▼ -20.7 pp |
| 2024 | -141.2% | Rs-2.57 Billion | Rs1.82 Billion | Rs4.39 Billion | ▲ +10.5 pp |
| 2023 | -151.6% | Rs-2.56 Billion | Rs1.69 Billion | Rs4.25 Billion | ▼ -25.9 pp |
| 2022 | -125.7% | Rs-2.42 Billion | Rs1.92 Billion | Rs4.34 Billion | ▲ +60.9 pp |
| 2021 | -186.6% | Rs-2.54 Billion | Rs1.36 Billion | Rs3.90 Billion | ▼ -47.0 pp |
| 2020 | -139.7% | Rs-2.51 Billion | Rs1.80 Billion | Rs4.31 Billion | ▼ -37.2 pp |
| 2019 | -102.4% | Rs-2.42 Billion | Rs2.36 Billion | Rs4.78 Billion | ▼ -65.3 pp |
| 2018 | -37.1% | Rs-1.29 Billion | Rs3.46 Billion | Rs4.75 Billion | ▼ -12.1 pp |
| 2017 | -25.0% | Rs-881.50 Million | Rs3.53 Billion | Rs4.41 Billion | ▼ -9.8 pp |
| 2016 | -15.2% | Rs-546.81 Million | Rs3.60 Billion | Rs4.14 Billion | ▼ -9.2 pp |
| 2015 | -6.0% | Rs-220.20 Million | Rs3.66 Billion | Rs3.88 Billion | ▼ -16.2 pp |
| 2014 | 10.2% | Rs490.39 Million | Rs4.81 Billion | Rs4.32 Billion | ▼ -23.4 pp |
| 2013 | 33.6% | Rs2.47 Billion | Rs7.34 Billion | Rs4.88 Billion | ▼ -8.2 pp |
| 2012 | 41.7% | Rs2.98 Billion | Rs7.14 Billion | Rs4.16 Billion | ▼ -2.6 pp |
| 2011 | 44.4% | Rs2.99 Billion | Rs6.73 Billion | Rs3.75 Billion | ▲ +12.5 pp |
| 2010 | 31.9% | Rs1.81 Billion | Rs5.69 Billion | Rs3.87 Billion | ▼ -9.9 pp |
| 2009 | 41.8% | Rs2.25 Billion | Rs5.38 Billion | Rs3.13 Billion | ▲ +0.0 pp |
| 2008 | 41.8% | Rs2.15 Billion | Rs5.15 Billion | Rs3.00 Billion | ▲ +0.3 pp |
| 2007 | 41.4% | Rs1.99 Billion | Rs4.81 Billion | Rs2.82 Billion | ▲ +18.8 pp |
| 2006 | 22.6% | Rs658.15 Million | Rs2.91 Billion | Rs2.26 Billion | ▲ +1.2 pp |
| 2005 | 21.4% | Rs529.34 Million | Rs2.48 Billion | Rs1.95 Billion | — |