Zenith Steel Pipes Key Ratios

Dupont Analysis

Metric	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
ROE	0.00%	0.00%	0.00%	0.00%	0.00%
PAT margin	-27.96%	-17.43%	7.13%	-8.72%	-0.49%
Asset Turnover	0.49x	0.49x	0.99x	0.91x	0.82x
Leverage	0.00x	0.00x	0.00x	0.00x	0.00x

Metric	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Inventory Days	11.4	37.9	43.4	54.2	52.0
Receivable Days	80.8	49.1	69.6	107.6	135.3
Payable Days	371.6	362.0	251.1	270.0	413.4
Cash Conversion Cycle	-279.5	-275.1	-138.0	-108.3	-226.1

Metric	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
ROE	0.00%	0.00%	0.00%	0.00%	0.00%
ROCE	-128.37%	0.00%	0.00%	0.00%	0.00%
ROA	-13.63%	1.81%	7.60%	-6.15%	-0.26%