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Zenith Fibres Limited (514266) Fair Value & Analysis

Other · IN · Market cap ₹140M

ZF Zenith Fibres Limited 514266 · BSE
Price₹54.98
Fair Value₹96.15
Upside+74.9%
Quality47/100
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Expensive Growth
Thin margins · 3.7% net margin
Low debt · negative free cash flow
1.96% dividend yield
Mixed vs. peers (6/13)
Narrow moat 14/100
Evidence: Medium Range ₹94.47 – ₹124.99 Share as image

Fair value as of: Aug 13, 2026

From 10 valuation models · updated 5 days ago

Below-average quality, screening 75% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (₹94.47). The market is more pessimistic than our downside scenario.
  • Solid quality (47/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

₹102.88 ₹33.80 Fair Value ₹96.15 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹33.80 – ₹102.88 · fair‑value band ₹94.47 – ₹124.99 · the ₹54.98 price screens below the ₹96.15 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Zenith Fibres Limited (514266) currently trades at ₹54.98, while our model-based Fair Value estimate is ₹96.15, implying the stock looks roughly 74.9% undervalued today. The Quality Score stands at 47/100 (below-average quality), in the Other sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Zenith Fibres Limited generated revenue of ₹205M at a net margin of 3.7%. Revenue declined 21.6% year over year. It earns a return on equity of 1.6%. The stock trades on a trailing P/E of 18.9 (as of Jul 4, 2026). Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹94.47 (bear case) to ₹124.99 (bull case); at ₹54.98, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 26% below its 52-week high and 22% above its 52-week low, currently below its 200-day average. For context, the median of 10 Other peers we cover trades at -24% fair-value upside, at 75%, 514266 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income ₹102.24 ₹98.08 ₹80.61 76
Gordon GGM ₹6.97 ₹7.44 ₹8.15 70
Growth-Adj P/E ₹67.30 ₹96.15 ₹124.99 68
All 10 models by family
DCF Models
Owner Earnings ₹34.76 ₹42.11 ₹53.94 31
Earnings-Based
Graham-Dodd ₹50.38 ₹61.58 ₹69.28 54
Dividend Discount
Gordon GGM ₹6.97 ₹7.44 ₹8.15 70
DDM Multi-Stage ₹6.97 ₹8.06 ₹9.43 61
Multiples
P/E Multiple ₹94.47 ₹125.96 ₹157.45 63
P/S Multiple ₹94.47 ₹125.96 ₹157.45 58
P/B Multiple ₹94.47 ₹125.96 ₹157.45 55
Asset-Based
NCAV (Graham) ₹74.82 ₹100.26 ₹149.64 50
Economic Profit
Residual Income ₹102.24 ₹98.08 ₹80.61 76
Growth Earnings
Growth-Adj P/E ₹67.30 ₹96.15 ₹124.99 68

Widest divergence: Multiples (₹125.96) versus Dividend Discount (₹7.44). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) ₹205M
Revenue growth (YoY) -21.6%
Net margin 3.7%
Return on equity 1.6%
Free cash flow −₹38.7M FY2026
P/E ratio 18.9 as of Jul 4, 2026
More key figures
Operating margin -3.6%
EPS (TTM) ₹2.26
Dividend yield 2.0%
EPS growth (YoY) -74.3%

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 47/100

Of which business quality 48 · Market factors (momentum, volatility) 38

Profitability 37
Margins and returns on capital today
Quality Growth 23
Are margins and returns improving?
Cashflow 1
Earnings quality: real cash, not paper profit
Fin. Strength 78
Balance sheet, leverage, solvency risk
Investment 84
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 31
Price trend over the last 3–12 months (market factor)
52W Momentum 21
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Zenith Fibres Limited manufactures and sells polypropylene (PP) staple fibers in India. The company operates through Manmade Fibre and Wind Mill segments. It markets PP yarn; and generates electricity. The company also exports its products. Zenith Fibres Limited was incorporated in 1989 and is based in Mumbai, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Zenith Fibres Limited reported revenue of ₹401M in FY2026 versus ₹523M in FY2022, a compound −6.5%/yr. Reported net income was ₹29.2M in FY2026, compounding +1.1%/yr from FY2022.

Growth Quality 45/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹401M
Latest YoY
−23.2%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−7.6%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.9%
Avg. growth/yr (12Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−2.7%
Revenue −6.5%/yr
FY22 ₹523M
FY23 ₹508M
FY24 ₹343M
FY25 ₹522M
FY26 ₹401M
Net income +1.1%/yr
FY22 ₹28.0M
FY23 ₹28.4M
FY24 ₹13.2M
FY25 ₹18.0M
FY26 ₹29.2M

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Cite: Fair Value Calculator (2026). "Zenith Fibres Limited Fair Value". https://www.fairvalue-calculator.com/stock/514266

Peer Group

Other · 373 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 47 · Below median
Fair Value upside +75% · Top 25%
Return on equity (TTM) 2% · Top 25%
Return on assets -1% · Bottom 25%
Net margin (TTM) 4% · Top 25%
Operating margin (TTM) -4% · Bottom 25%
Revenue growth -22% · Bottom 25%
Dividend yield (TTM) 2.0% · Above median

Valuation Multiples vs Other median · lower = cheaper

P/E (TTM) 18.9× · Pricier than median
P/B 0.24× · Cheaper than median
P/S (TTM) 0.68× · Pricier than median
EV/EBITDA 60.3× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 9
FUTURE 0 · sector 0
PAST 6 · sector 0
HEALTH 100 · sector 97
DIVIDEND 39 · sector 31

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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Wipro Limited 507685 ₹183.80 ₹193.38 +5%
540376 540376 ₹4,054 ₹1,542 -62%
540777 540777 ₹537.50 ₹149.72 -72%
Lupin Limited 500257 ₹2,265 ₹1,983 -12%
Dabur India Limited 500096 ₹413.80 ₹122.93 -70%
540719 540719 ₹1,835 ₹872.41 -52%

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Frequently asked questions

Is Zenith Fibres Limited (514266) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹96.15 versus a price of ₹54.98, about +75% (undervalued).
What is the fair value of 514266?
Our model-based fair value for Zenith Fibres Limited is ₹96.15 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹54.98.
What is the quality score of 514266?
Zenith Fibres Limited has a Quality Score of 47/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Zenith Fibres Limited (514266)?
Zenith Fibres Limited reported trailing-twelve-month revenue of about ₹205M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 514266?
The net profit margin of Zenith Fibres Limited is about 3.7%, meaning it keeps roughly 3.7% of revenue as net income. Based on the latest reported figures.
Does Zenith Fibres Limited pay a dividend?
Zenith Fibres Limited currently shows a dividend yield of about 1.96% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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