What we do Zenith Steel Pipes & Industries Ltd manufactures ERW and Hot Dip Galvanized steel pipes, serving primarily the auto and engineering sectors through its tool division. |
Founded in 1,960 |
Market share A pioneering player in India's ERW steel pipes segment with a significant domestic presence. |
Problem solved Provides durable, quality steel pipes addressing infrastructure and industrial needs, supporting automotive and engineering manufacturing. |
Top clients or who we serve Serves B2B clients in construction, engineering, and automotive industries across India and select international markets. |
Key management - |
Our journey and innovations Founded in 1960, evolved from welded pipe manufacturing to modern high frequency induction welding; expanded capacities and global subsidiaries established. |
Where we operate Mainly India with subsidiaries in USA and UAE for international market development. |
Top products or what we offer ERW Steel Pipes, Hot Dip Galvanized Steel Pipes, High-Speed Steel Cutting Tools for auto/engineering sectors. |
Top brands Zenith branded ERW and galvanized pipes - known for quality and reliability in Indian market; tooling division products fitted to automotive demands. |
Raw materials needed Steel coils and raw metals for pipe manufacturing and high-speed steel for tool production. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely cyclical, tied to construction and automotive sector demand fluctuations. |
Our industry position A recognized domestic leader in steel pipes with steady export initiatives, facing industry competition and regulatory challenges. |
Financial highlights 2023-24 revenue ₹143.22 crore; net loss ₹0.7 crore; significant operating challenges and transition underway. |
Geographical revenue split Predominantly Indian market (₹143.22 crore); minimal overseas revenue contribution. |
Order book - |
Whats driving growth Growth driven by domestic infrastructure demand, auto sector recovery, and capacity expansion initiatives. |
Our future plans Focus on resolving operational bottlenecks, reviving exports, and expanding pipe production capacity. |
Our green promise - |
Our people and values Employs around 166 staff; committed to safe working conditions and compliance with workplace sexual harassment laws. |
Key challenges ahead Current financial stress, export volatility, regulatory compliance issues, and ongoing legal disputes affecting operations. |
Interesting facts One of the oldest Indian pipe manufacturers with over six decades of innovation and a strong heritage. |
Risks and strategy Facing operational and financial risks; strategy centers on asset optimization, legal resolution, and market re-expansion. |
