ZENITHEXPO
Zenith Exports financials
- Market cap
- ₹111 Cr
- Sector
- Consumer Durables
What Zenith Exports Limited does
Zenith Exports Limited weaves silk and silk-blend fabrics through its Weaving Division and sells into domestic and export markets, including Europe and North America, holding ISO 9001:2015 and ISO 14001:2015 certifications. It also owned a cotton-spinning unit, Zenith Spinners, at Dholka near Ahmedabad, which suspended production in December 2015 due to competitive pressure; since January 2019 that unit has instead been used for trading in cotton rather than manufacturing. The company's works are located at Nanjangud (Karnataka) and in Kolkata (West Bengal).
Segments
- Weaving Division
- Spinning Division (Zenith Spinners)
- Business divisions
- Weaving Division (active); Spinning Division suspended since Dec-2015, now cotton trading only
- Works / plant locations
- 3 — Nanjangud, Karnataka; 2 units in Kolkata, West Bengal
- Employees
- 28 (FY25)
- Quality certifications
- ISO 9001:2015, ISO 14001:2015
- Electricity consumption — Weaving unit
- 5.56 lakh kWh (FY25) vs 5.91 lakh kWh (FY24)
- Key export markets
- Europe and North America (fabric exports)
Quarterly results
Q1 FY27: revenue down 24.6%, net profit down 142.9% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16 | 19 | 21 | 18 | 20 +21% | 14 −24% | 13 −37% | 13 −25% |
| EBITDA | -3 | 0 | -1 | 1 | 0 +106% | -0 −167% | -1 +8% | -1 −204% |
| Net profit | -2 | 1 | 3 | 1 | 1 +140% | 0 −75% | -0 −104% | -1 −143% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −28.8% 1Y
1Y: ₹288.05 on 10 Sept 2025 → ₹205. High ₹288.05 (10 Sept 2025), low ₹178.98 (23 Mar 2026).
Financials, as filed
Revenue fell 11.0% a year over 2 years, FY24 to FY26. Operating margin widened to 0.2%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹82 Cr | ₹72 Cr | ₹65 Cr |
| Operating profit | ₹-1 Cr | ₹-4 Cr | ₹0 Cr |
| Operating margin | -1.5% | -6.2% | 0.2% |
| Interest | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Depreciation | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Net profit | ₹0 Cr | ₹2 Cr | ₹2 Cr |
| Net margin | 0.4% | 2.4% | 3.5% |
| Cash from operations | ₹-7 Cr | ₹-3 Cr | ₹5 Cr |
| Free cash flow | ₹-7 Cr | ₹-6 Cr | ₹4 Cr |
| ROCE | 2.2% | -1.5% | 5.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹5 Cr |
| Reserves | ₹72 Cr | ₹73 Cr | ₹74 Cr | ₹75 Cr | ₹79 Cr | ₹79 Cr |
| Borrowings | ₹8 Cr | ₹14 Cr | ₹9 Cr | ₹6 Cr | ₹3 Cr | ₹2 Cr |
| Other liabilities | ₹11 Cr | ₹10 Cr | ₹11 Cr | ₹10 Cr | ₹10 Cr | ₹12 Cr |
| Total liabilities | ₹96 Cr | ₹102 Cr | ₹100 Cr | ₹96 Cr | ₹97 Cr | ₹98 Cr |
| Fixed assets | ₹13 Cr | ₹12 Cr | ₹10 Cr | ₹9 Cr | ₹12 Cr | ₹12 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹9 Cr | ₹12 Cr |
| Other assets | ₹83 Cr | ₹89 Cr | ₹89 Cr | ₹85 Cr | ₹77 Cr | ₹74 Cr |
| Total assets | ₹96 Cr | ₹102 Cr | ₹100 Cr | ₹96 Cr | ₹97 Cr | ₹98 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025.
- Promoters
- 45.5%
- Public
- 54.5%
Since Jun 2025
- Public +0.01 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Over this window the public went from 48.3% to 54.5% — +6.2 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 51.8%, Public 48.3%.Dec '23: Promoters 51.8%, Public 48.2%.Mar '24: Promoters 45.5%, Public 54.5%.Jun '24: Promoters 45.5%, Public 54.5%.Sep '24: Promoters 45.5%, Public 54.5%.Dec '24: Promoters 45.5%, Public 54.5%.Mar '25: Promoters 45.5%, Public 54.5%.Jun '25: Promoters 45.5%, Public 54.5%.Sep '25: Promoters 45.5%, Public 54.5%.Dec '25: Promoters 45.5%, Public 54.5%.Mar '26: Promoters 45.5%, Public 54.5%.Jun '26: Promoters 45.5%, Public 54.5%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- R K Finance Ltd +0.46 pp 3.33% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Zenith Exports Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Omkara Vincom Private Limited | 11.74% | unchanged |
| Bhutnath Vanijya Vyapaar Pvt. Ltd. | 10.80% | unchanged |
| Surendra Kumar Loyalka Huf | 10.40% | unchanged |
| Purotech Sales Pvt Limited | 6.60% | unchanged |
| Urmila Loyalka | 6.10% | unchanged |
| Zenith Credit Private Ltd | 5.85% | unchanged |
| A.C.Roy And Company Private Limited | 5.64% | unchanged |
| Varun Loyalka | 4.98% | unchanged |
| Harsh Ajitsaria | 4.91% | unchanged |
| Ruchi Ajitsaria | 4.91% | unchanged |
| Bkl Securities Limited | 3.53% | unchanged |
| Surendra Kumar Loyalka | 3.36% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Zenith Exports Limited
Guides on how to read this kind of business and the numbers that matter.