Zenith Steel Pipes & Industries Limited (ZENITHSTL) — 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. Read Zenith Steel Pipes & Industries Limited (ZENITHSTL) financial obligations for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Zenith Steel Pipes & Industries Limited Net Asset Quality Index Over Time (2005–2025)
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. For live market cap and overall valuation, see ZENITHSTL market cap overview.
Annual Net Asset Quality Index for Zenith Steel Pipes & Industries Limited (2005–2025)
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. See Zenith Steel Pipes & Industries Limited book value and equity for net asset value and shareholders' equity analysis.
| 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 | — |