Zenith Exports quarterly results and financials

Zenith Exports (ZENITHEXPO)₹184.57−1.07%(9 Nov 2026 close)Leather And Leather Products

Key facts

In the Mar 2026 quarter (standalone), Zenith Exports reported sales of ₹13.07 Cr, down 37.4% from Mar 2025, and net profit of −₹0.11 Cr, down 103.7% year on year. For the year to Mar 2026, sales were ₹64.55 Cr and net profit ₹2.28 Cr.

Sales (Mar 2026): ₹13.07 Cr
Net profit (Mar 2026): −₹0.11 Cr
Sales (FY Mar 2026): ₹64.55 Cr
Net profit (FY Mar 2026): ₹2.28 Cr
EPS (Mar 2026): ₹−0.23
Borrowings (Mar 2026): ₹2.11 Cr

Company filings, standalone accounts; latest reported quarter Mar 2026

Zenith Exports quarterly results

₹ crore unless stated; each column is a quarter.

Zenith Exports Quarterly results
	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales	21.01	22.37	18.34	19.84	16.51	16.07	18.55	20.87	17.86	19.49	14.14	13.07
Expenses	20.73	22.05	19.29	21.13	16.78	19.54	18.31	22.19	16.65	19.38	14.44	14.27
Operating Profit	0.36	0.43	−0.88	−1.19	−0.19	−3.37	0.32	−1.23	1.28	0.19	−0.21	−1.15
OPM %	1.8%	2.0%	−4.7%	−6.0%	−1.2%	−21.0%	1.8%	−5.9%	7.2%	1.0%	−1.5%	−8.7%
Other Income	0.69	0.88	1.04	1.19	0.83	1.06	0.99	5.63	1.01	1.19	0.86	1.41
Interest	0.25	0.28	0.16	0.17	0.20	0.23	0.20	0.17	0.21	0.15	0.15	0.13
Depreciation	0.23	0.24	0.24	0.27	0.20	0.18	0.20	0.20	0.15	0.14	0.16	0.22
Profit before tax	0.56	0.80	−0.23	−0.47	0.21	−2.75	0.90	4.00	1.94	1.10	0.31	−0.08
Tax %	31.6%	33.0%	−16.6%	−8.6%	36.5%	−23.3%	26.5%	25.3%	27.5%	23.0%	47.0%	33.4%
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.01	0.00	0.00	0.00	0.00
Net Profit	0.38	0.52	−0.19	−0.41	0.13	−2.09	0.66	2.99	1.39	0.83	0.16	−0.11
EPS (Rs)	0.73	0.99	−0.38	−0.79	0.27	−3.90	1.25	5.58	2.60	1.57	0.33	−0.23

Zenith Exports profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Zenith Exports Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	242	128	109	98.44	82.70	50.65	90.46	62.15	81.55	72.03	64.55	64.56
Expenses	241	134	114	99.27	87.38	53.08	90.38	62.56	82.79	76.51	64.71	64.74
Operating Profit	2.24	−4.61	−4.31	−0.46	−4.28	−2.18	0.37	−0.13	−0.88	−4.20	0.14	0.11
OPM %	0.9%	−3.6%	−3.9%	−0.5%	−5.2%	−4.3%	0.4%	−0.2%	−1.1%	−5.8%	0.2%	0.2%
Other Income	4.54	3.57	5.30	−6.01	5.59	3.50	3.47	4.50	3.80	8.54	4.50	4.47
Interest	3.27	0.30	1.35	1.64	1.35	1.27	1.21	1.06	1.23	1.12	0.67	0.64
Depreciation	3.48	1.41	1.40	1.62	1.68	1.63	1.27	1.29	1.00	0.81	0.70	0.67
Profit before tax	0.02	−2.76	−1.77	−9.76	−1.72	−1.61	1.37	2.01	0.68	2.39	3.24	3.27
Tax %	−399.9%	−24.3%	5.1%	−19.2%	−17.3%	−19.3%	25.8%	21.1%	53.8%	28.8%	29.6%	—
Exceptional items	0.00	−1.01	0.00	−7.03	1.01	0.00	0.00	1.01	0.00	4.02	0.00	0.00
Net Profit	0.15	−2.07	−1.87	−7.85	−1.42	−1.29	1.00	1.57	0.29	1.70	2.28	2.27
EPS (Rs)	0.31	−3.86	−3.49	−14.64	−2.66	−2.42	1.88	2.94	0.57	3.18	4.26	4.27
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—

Zenith Exports balance sheet

₹ crore, at each year end.

Zenith Exports Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	5.40	5.40	5.39	5.39	5.40	5.40	5.41	5.41	5.40	5.40	5.40	5.39
Reserves	86.58	86.76	84.60	82.85	74.98	73.46	71.92	72.93	74.49	75.02	76.64	78.80
Borrowings	31.59	12.61	6.77	11.27	13.00	8.26	7.79	13.81	9.45	5.53	7.75	2.11
Other Liabilities	13.51	16.51	13.83	11.99	14.33	12.34	10.85	9.59	10.86	10.15	11.20	11.79
Total Liabilities	137	121	111	112	108	99.46	95.97	102	100	96.10	101	98.09
Fixed Assets	29.15	22.90	20.68	17.97	15.60	14.89	12.99	12.11	10.23	9.25	11.31	12.07
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.06	0.00	0.00
Investments	0.00	0.00	4.09	17.55	1.99	0.00	0.16	0.55	0.84	1.31	1.50	11.82
Other Assets	108	98.38	85.82	75.98	90.12	84.57	82.82	89.08	89.13	85.48	88.18	74.20
Inventories	61.41	43.41	34.78	33.69	44.01	27.33	28.16	39.79	27.77	27.90	23.98	25.89
Trade receivables	21.56	34.61	22.30	16.93	13.72	13.12	9.36	13.84	9.30	14.43	17.66	15.37
Cash & equivalents	3.26	4.63	7.09	6.71	13.86	25.98	28.88	22.20	28.68	25.24	28.86	16.44
Total Assets	137	121	111	112	108	99.46	95.97	102	100	96.10	101	98.09

Zenith Exports cash flow

₹ crore, for each year.

Zenith Exports Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	6.82	19.18	11.66	7.98	−8.86	16.88	2.51	−14.96	19.22	−6.56	−3.02	5.40
Cash from investing activity	0.41	3.58	−2.58	−12.04	15.60	−10.29	1.17	11.46	−15.54	17.01	−3.97	0.49
Cash from financing activity	−9.66	−21.45	−6.15	3.65	0.41	−5.76	−1.53	5.15	−4.99	−4.85	1.39	−6.34
Net cash flow	−2.38	1.36	2.93	−0.38	7.14	0.84	2.17	1.62	−1.30	5.61	−5.62	−0.41
Capex	0.00	0.67	0.55	0.34	0.55	1.25	0.10	0.45	0.15	0.58	2.89	0.99
Free cash flow	6.59	22.56	12.42	8.75	−9.24	16.70	2.52	−15.44	20.89	−6.90	−1.15	4.44
CFO / OP %	173.0%	867.0%	−257.0%	−189.0%	1,860.0%	−401.0%	−131.0%	−3,895.0%	−13,857.0%	710.0%	65.0%	4,331.0%

Zenith Exports ratios

Working-capital days and returns, by year.

Zenith Exports Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	29	52	63	56	51	58	67	56	54	64	89	86
Inventory days	115	91	141	169	269	185	356	238	290	209	200	305
Days payable	7	15	26	19	39	42	71	32	63	43	48	62
Cash conversion cycle	138	129	179	207	282	201	353	263	282	231	242	330
Working capital days	73	92	139	134	160	132	196	154	145	162	171	210
ROCE %	4.8%	2.5%	−1.6%	−0.8%	−0.7%	−1.1%	0.2%	2.9%	2.2%	2.2%	−1.5%	4.5%

Zenith Exports: frequently asked questions

What are the latest quarterly results of Zenith Exports?

For the Mar 2026 quarter, Zenith Exports reported sales of ₹13.07 Cr, down 37.4% year on year and net profit of −₹0.11 Cr, down 103.7% year on year. The operating margin was −8.7%.

What is the annual revenue of Zenith Exports?

Zenith Exports' sales for the year to Mar 2026 were ₹64.55 Cr; over the last twelve months they were ₹64.56 Cr.

What is the net profit of Zenith Exports?

Net profit for the year to Mar 2026 was ₹2.28 Cr, and ₹2.27 Cr over the last twelve months. Earnings per share over the same trailing period were ₹4.27.

How much debt does Zenith Exports have?

Zenith Exports reported borrowings of ₹2.11 Cr at Mar 2026, against cash and equivalents of ₹16.44 Cr.

What is the free cash flow of Zenith Exports?

Cash from operations was ₹5.40 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹4.44 Cr.

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