---
title: "Zenith Computers Ltd (ZENITHCOMP) — Share Price, Financials & Analysis"
symbol: "ZENITHCOMP"
company: "Zenith Computers Ltd"
canonical: "https://tapetide.com/stocks/ZENITHCOMP"
isin: "INE598B01013"
bse_code: "517164"
sector: "Information Technology"
industry: "IT - Hardware"
generated_at: "2026-10-13T10:58:18.439Z"
---

# Zenith Computers Ltd (ZENITHCOMP)

Canonical page: https://tapetide.com/stocks/ZENITHCOMP

## Company

- **BSE Code:** 517164
- **ISIN:** INE598B01013
- **Sector:** Information Technology
- **Industry:** IT - Hardware
- **Macro Sector:** Information Technology
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** zenith-india.com

## About

Zenith Computers is engaged in the business of annual maintenance service contracts imbedded in the purchase orders.

## Latest Price

- **Price:** ₹0.9
- **Change:** -0.04 (-4.26%)
- **Open:** ₹0.94
- **Day High:** ₹0.94
- **Day Low:** ₹0.9
- **Previous Close:** ₹0.94
- **Volume:** 31
- **As Of:** 2020-05-22T02:17:45+00:00

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -62.2% over past five years.
- Company has high debtors of 1,389 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -195% | 21% | — |
| revenue growth | -88% | -75% | -62% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 3.19 | 0.54 | 0.21 | 0.2 | 0.55 | 0.26 | 0.17 | 0.05 | 0.12 | 0 | 0 | 0 |
| Expenses | 5.4 | 1.86 | 1.15 | 1.38 | 1.53 | 0.55 | 0.24 | 0.1 | 0.09 | 0.1 | 18.93 | 0.17 |
| Operating Profit | -2.21 | -1.32 | -0.94 | -1.18 | -0.98 | -0.29 | -0.07 | -0.05 | 0.03 | -0.1 | -18.93 | -0.17 |
| OPM % | -69.28 | -244.44 | -447.62 | -590 | -178.18 | -111.54 | -41.18 | -100 | 25 | — | — | — |
| Other Income | 0.24 | 0.01 | 0 | 0 | 0.25 | 0.02 | 0 | 0 | 0 | 0 | 0.11 | 0 |
| Interest | 2.4 | 0.72 | 0.11 | 0 | 1.88 | 0.42 | 0.45 | 0.47 | 0 | 0 | 0 | 0 |
| Depreciation | 0.93 | 0.54 | 0.54 | 0.54 | 0.69 | 0.59 | 0.58 | 0.58 | 0.58 | 0.48 | 0 | 0 |
| Profit before tax | -5.3 | -2.57 | -1.59 | -1.72 | -3.3 | -1.28 | -1.1 | -1.1 | -0.55 | -0.58 | -18.82 | -0.17 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.58 | 0 |
| Net Profit | -5.3 | -2.58 | -1.6 | -1.73 | -3.3 | -1.28 | -1.11 | -1.1 | -0.55 | -0.58 | -18.71 | -0.17 |
| EPS in Rs | -3.42 | -1.67 | -1.03 | -1.12 | -2.13 | -0.83 | -0.72 | -0.71 | -0.36 | -0.37 | -12.09 | -0.11 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 296 | 284 | 260 | 192 | 180 | 101 | 78 | 22 | 1 | 0 |
| Expenses | 268 | 266 | 248 | 175 | 167 | 123 | 114 | 45 | 5 | 19 |
| Operating Profit | 27 | 18 | 12 | 17 | 13 | -22 | -36 | -23 | -4 | -19 |
| OPM % | 9 | 6 | 4.6 | 9 | 7 | -22 | -46 | -107 | -236 | -15975 |
| Other Income | 0 | 1 | 1 | 0 | 0 | 1 | 1 | 1 | -1 | 0 |
| Interest | 7 | 6 | 5 | 3 | 10 | 11 | 7 | 8 | 3 | 0 |
| Depreciation | 16 | 10 | 6 | 12 | 2 | 1 | 1 | 1 | 2 | 1 |
| Profit before tax | 4 | 1 | 2 | 3 | 2 | -34 | -43 | -32 | -9 | -20 |
| Tax % | 18 | 26 | 17 | 18 | 17 | 0 | 0 | 0 | 0 | — |
| Net Profit | 3 | 1 | 2 | 2 | 2 | -34 | -43 | -32 | -9 | -20 |
| EPS in Rs | 2.02 | 0.7 | 1.32 | 1.47 | 1.12 | -21.87 | -27.74 | -20.61 | -5.94 | -12.93 |
| Dividend Payout % | 60 | 128 | 68 | 61 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Sep 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
| Reserves | 36 | 32 | 27 | 41 | 29 | -5 | -48 | -80 | -89 | -126 |
| Borrowings | 74 | 94 | 60 | 94 | 97 | 96 | 95 | 94 | 91 | 92 |
| Other Liabilities | 31 | 41 | 38 | 34 | 21 | 21 | 37 | 42 | 43 | 37 |
| Total Liabilities | 157 | 182 | 140 | 185 | 162 | 127 | 99 | 71 | 60 | 18 |
| Fixed Assets | 46 | 31 | 46 | 62 | 69 | 53 | 47 | 38 | 33 | 12 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 2 | 5 | 0 | 0 | 0 |
| Other Assets | 111 | 151 | 95 | 123 | 94 | 71 | 47 | 34 | 27 | 6 |
| Total Assets | 157 | 182 | 140 | 185 | 162 | 127 | 99 | 71 | 60 | 18 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 24 | 19 | -23 | 64 | 24 | 25 | -11 | -6 | -12 | -2 |
| Cash from Investing Activity | -41 | -4 | 7 | -25 | -15 | -22 | 13 | 4 | 13 | 1 |
| Cash from Financing Activity | 17 | -15 | 18 | -35 | -14 | -2 | -1 | -1 | 0 | -3 |
| Net Cash Flow | 0 | -1 | 1 | 4 | -4 | 1 | 0 | -4 | 1 | -4 |
| Free Cash Flow | -16 | 15 | -19 | 45 | 10 | 17 | -12 | -6 | -12 | -1 |
| CFO/OP | 70 | 74 | -129 | 548 | 120 | 192 | 50 | 16 | 49 | 60 |

### Ratios

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 67 | 68 | 90 | 34 | 106 | 67 | 93 | 66 | 127 | 1389 |
| Inventory Days | 39 | 61 | 94 | 82 | 115 | 99 | 98 | 45 | 239 | 4799 |
| Days Payable | 0 | 0 | 46 | 45 | 57 | 29 | 44 | 94 | 565 | 10478 |
| Cash Conversion Cycle | 106 | 129 | 138 | 71 | 164 | 138 | 147 | 17 | -199 | -4290 |
| Working Capital Days | 84 | 95 | 137 | 69 | 86 | 50 | 12 | -169 | -914 | -14735 |
| ROCE % | 21 | 8 | 6 | 6 | 5 | 8 | -18 | -43 | -54 | -24 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 |
| --- | --- | --- |
| Promoters | 30.72% | 30.72% |
| FIIs | 0.02% | 0.02% |
| DIIs | 0.06% | 0.06% |
| Public | 69.2% | 69.2% |
| No. of Shareholders | 19560 | 19087 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 30.72% | 30.72% | 30.72% | 30.72% | 30.72% | 30.72% | 30.72% | 30.72% |
| FIIs | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| DIIs | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% |
| Public | 69.2% | 69.2% | 69.2% | 69.2% | 69.2% | 69.2% | 69.2% | 69.2% |
| No. of Shareholders | 19734 | 19669 | 19631 | 19560 | 19475 | 19397 | 19360 | 19087 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 2 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 0.98 | Sell |
| EMA (10) | 0.98 | Sell |
| SMA (20) | 1.03 | Sell |
| EMA (20) | 1.03 | Sell |
| SMA (50) | 1.17 | Sell |
| EMA (50) | 1.21 | Sell |
| SMA (100) | 1.6 | Sell |
| EMA (100) | 1.37 | Sell |
| SMA (200) | 1.44 | Sell |
| EMA (200) | 1.48 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 18.24 | Buy |
| MACD (12,26,9) | -0.08 | Sell |
| Stochastic (14,3,3) | 0 | Buy |
| ADX (14) | 21.81 | Neutral |
| Williams %R (14) | -100 | Buy |
| ATR (14) | 0.03 | High Volatility |
| ROC (12) | -14.29 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 8.42 | Buy |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2018-05-25 | [Announcement under Regulation 30 (LODR)- initiation of the Liquidation Process](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1cbaa786-14dd-4617-8cdd-4d523bf0eb35.pdf) |
| 2018-05-25 | [Announcement under Regulation 30 (LODR)- initiation of the Liquidation Process](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/5/1cbaa786-14dd-4617-8cdd-4d523bf0eb35.pdf) |
| 2018-04-27 | [Compliance Of Regulation 40(10)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ac712973-06b0-4495-8dc1-6a8b847f97dd.pdf) |
| 2018-04-27 | [Compliance Of Regulation 40(10)](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/4/ac712973-06b0-4495-8dc1-6a8b847f97dd.pdf) |
| 2018-04-11 | [Compliance Certificate For The Period Ended 31.03.2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bb25ed19-11b0-4fe7-a559-1eebcd94cab5.pdf) |
| 2018-04-11 | [Compliance Certificate For The Period Ended 31.03.2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/4/bb25ed19-11b0-4fe7-a559-1eebcd94cab5.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2016 | [Annual Report 2016](https://www.bseindia.com/bseplus/AnnualReport/517164/5171640316.pdf) |
| Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/517164/5171640315.pdf) |
| Mar 2014 | [Annual Report 2014](https://www.bseindia.com/bseplus/AnnualReport/517164/5171640314.pdf) |
| Mar 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/517164/5171640313.pdf) |
| 2013 | [Annual Report 2013](https://archives.nseindia.com/annual_reports/AR_2216_ZENITHCOMP_2012_2013_04102013153145.zip) |
| Mar 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport/517164/5171640312.pdf) |
| Mar 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/517164/5171640311.pdf) |
| 2011 | [Annual Report 2011](https://archives.nseindia.com/annual_reports/AR_ZENITHCOMP_2010_2011_16122011101215.zip) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:58:18.439Z.