Zenith Birla (India) Limited a Yash Birla Group Company was originally incorporated as Zenith Steel Pipes Limited on August 5, 1960. The Certificate of Commencement for Business was issued on August 17, 1960 from Registrar of Companies Maharashtra, Mumbai. The name of the company was changed to Zenith Steel Pipes and Industries Limited on October 31, 1975 which was further renamed as Zenith Limited on January 28, 1986 and is now called Zenith Birla (India) Limited from October 18, 2005.

Zenith Birla (India) Limited is a leading manufacturer of Steel Pipes in India. It have almost 45 years of operations. It are at present engaged in the manufacturing of welded steel pipes (black & galvanized). Our Steel Pipe Division is located at Khopoli 80 kms from Mumbai The plant has installed capacity of 1,20,000 M.T. of steel pipes. This Division ranks as one of the pioneers amongst Steel Pipe manufacturers of India.

Till 1971, It was manufacturing Steel Pipes by medium frequency electric resistance contact welding process. Thereafter, the manufacturing process was converted to the latest technology of High Frequency Induction Welding (HFIW) process. The pipes manufactured by us are predominantly used for plumbing, agriculture, irrigation, urban and rural drinking water distribution, structural and industrial applications Square and rectangular hollow sections manufactured by Zenith are used to replace conventional section of higher weight such as beams, angles and channels. These sections have higher load bearing capacity with better economics and have better aesthetic appeal. Zenith tubular pipes have also successfully substituted seamless pipes for certain applications.

It is also engaged in the manufacture of High Speed Steel Cutting Tools viz. Drills, Reamers, Cutters, Taps, Tool Bits, used in Automobile, Engineering, Fabrication, Construction and other industry for machining operations. The HSS cutting tools are manufactured by the Company under the brand name of “ITM” and well known throughout India. Our Cutting Tool Division has two manufacturing units located at Nashik and Aurangabad.

After divesting the businesses of Steeel, Paper, Chemical and Textile the Company pursued the businesses of steel pipes and tools and build upon it’s core competence of “enginerring products”.

As It is in pipe business since last 45 years, the Company is very well placed to seize the opportunities due to its long-standing industry experience, strong brand value and infrastructure Now It are planning to consolidate our pipe business. The company is expanding its pipe manufacturing facilities at Khopoli to include Mechanical Tube used in fast growing auto industry and API Pipes in its product portfolio

The Company has wide exposure in export market as well, especially in regions like USA, Europe, Middle East and Africa. It is exporting almost 50% of its total production consistently over the years. Zenith USA is its subsidiary that takes care of Company’s sales in North America Market. It has a branch office in Dubai that takes care of Middle East and Yemen market.

Business divisions of the company:

Zenith Steel Pipes & Industries Ltd.

Prakash Steelage Ltd.

Oil Country Tubular Ltd.

Hisar Metal Industries Ltd.

Shah Alloys Ltd.

Ankit Metal & Power Ltd.

Uttam Galva Steels Ltd.

Mahamaya Steel Industries Ltd.

Supreme Engineering Ltd.

Grand Foundry Ltd.

Kridhan Infra Ltd.

National Steel & Agro Industries Ltd.

Incredible Industries Ltd.

Visa Steel Ltd.

Manaksia Coated Metals & Industries Ltd.

Market Cap	87 Cr	ROE	0.0%
P/E Ratio(TTM)	0.0	EPS(TTM)	0.0
P/B Ratio	-0.3	Dividend Yield	0.0%
Industry P/E	19.2	Book Value	-18.7
		Face Value	10.0

Fundamentals