Comparison · NSE · data 2026-11-02
Mangalam Alloys Ltd. vs Zenith Steel Pipes & Industries Limited
In plain words
Size: Mangalam Alloys Ltd. is about 1.1 times the market value of Zenith Steel Pipes & Industries Limited.
Valuation (P/E): Zenith Steel Pipes & Industries Limited 17.4 vs Mangalam Alloys Ltd. 5.5.
Differences in the numbers, not a recommendation of either stock.
Side by side
| MAL | ZENITHSTL | |
|---|---|---|
| Price | ₹32.5 | ₹4.9 |
| Market cap | ₹79 cr | ₹70 cr |
| P/E | 5.5 | 17.4 |
| P/B | 0.5 | — |
| ROE | 9.8% | — |
| ROCE | 19.9% | — |
| Debt / equity | 1.87 | — |
| Operating margin | 10.7% | -32.6% |
| Dividend yield | 0.00% | 0.00% |
| Sales growth, 3 years (yearly) | 13.3% | -31.3% |
| Profit growth, 3 years (yearly) | 13.2% | — |
| 1-year return | -37.5% | -48.0% |
| Revenue, last 12 months | ₹438 cr | ₹42 cr |
| Net profit, last 12 months | ₹15 cr | ₹4 cr |
| Latest quarter | — | Jun 2026 |
| Quarter net profit | — | ₹0 cr |
| Quarter profit vs a year earlier | — | -54.2% |
| Promoter holding | — | 15.64% |
| Health check | Average (5.3/10) | Weak (3/10) |
Common questions
Which has a higher P/E, Mangalam Alloys Ltd. or Zenith Steel Pipes & Industries Limited?
Zenith Steel Pipes & Industries Limited trades at the higher P/E (17.4 against 5.5). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.