Zenith Exports Limited - consumer goods in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN L24294WB1981PLC033902 Incorporated 23 July 1981 ROC Kolkata HQ Kolkata, West Bengal, India
Active Listed - NSE: ZENITHEXPO · BSE: 512553 Public Limited Company consumer goods MSME · Small
Data last updated
Market Cap
₹104 Cr
ZENITHEXPO · NSE
Share Price
₹182.40
-5.00% today
Revenue
₹64.68 Cr
FY 2025-26 · -10.3% YoY
EBITDA
₹0.45 Cr
Margin 0.7%
Net Profit
₹2.36 Cr
FY 2025-26 · +162.4% YoY
P/E (TTM)
343.7x
P/B 1.2x
ROE
2.8%
ROCE 4.7%
Debt / Equity
0.06
Interest cover -388.5x

About Zenith Exports Limited

Data last updated:

Zenith Exports Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 23 July 1981 and has been in existence for over 45 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L24294WB1981PLC033902. Its GSTIN is 19AAACZ0986F1Z1 (West Bengal). The company holds 2 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 512553 and NSE: ZENITHEXPO.

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.4 Cr. It is led by directors including Varun Loyalka (Managing Director) and Urmila Loyalka.

Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 19 R. N. Mukharjee Road, Kolkata, West Bengal, India – 700001.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹64.68 Cr, a decline of 10.3% compared to the previous year. For the same year it recorded a net profit of ₹2.36 Cr (net margin 3.6%) and EBITDA of ₹45 Lakh (EBITDA margin 0.7%). The net worth stands at ₹84.12 Cr (up 2.6% YoY). Total assets are valued at ₹89.12 Cr (down 3% YoY).

The company has about 79 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Zenith Apex Private Limited and Zenith Exports Limited. As per MCA filings, the company has open charges of ₹24.28 Cr and satisfied charges of ₹240.94 Cr on record. Court records list 37 cases involving the company, including 19 filed by the company and 18 filed against it; 4 cases are pending. The company has 5 deals on record (5 market trades); the latest was in June 2011. Its 7 peer companies in the Consumer Products industry (Leather Goods Manufacturers, Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 5 smaller; the largest is Shri Krishna Spinning Mills (India) Private Limited with revenue of ₹76.45 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2023, listing 433 overdue payments to 3 micro and small suppliers.

Zenith Exports Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0023909). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zenithexportslimited.com.

Company details

CIN L24294WB1981PLC033902
Registration Number 033902
Incorporation Date 23 July 1981
ROC Kolkata
Listing Status Listed - Listed on NSE (ZENITHEXPO); Listed on BSE (512553)
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-WB-10-0023909

CIN history

Zenith Exports has one previous CIN (Corporate Identification Number): U24294WB1981PLC033902. The current CIN is L24294WB1981PLC033902, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L24294WB1981PLC033902Current
U24294WB1981PLC033902Previous

Recognitions & Rankings of Zenith Exports

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-WB-10-0023909

Contact details

Zenith Exports Limited's registered office is in Kolkata, West Bengal. Its website is zenithexportslimited.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    19 R. N. Mukharjee Road, Kolkata, West Bengal, India – 700001
  • Industry
    Consumer Goods, Accessories Retail & Distribution

To see the full contact details of Zenith Exports Limited, buy the company report.

Comprehensive company report
Zenith Exports Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Zenith Exports operates two associated brands: Zenith Apex Private Limited and Zenith Exports Limited. Each brand links to its own profile.

BrandDescriptionWebsite
Textile products are manufactured through contract services.zenithexportslimited.com
Manufacturing and exporting of leather gloves and safety products from India.zenithapex.com

Business activity

The main business activity of Zenith Exports is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Zenith Exports Limited, buy the company report.

Financials of Zenith Exports Limited

FY 2025-26 filings available

Zenith Exports Limited reported revenue of ₹64.68 Cr (down 10.3% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹64.68 Cr
-10.3% YoY
EBITDA
₹0.45 Cr
+110.7% YoY
Profit After Tax
₹2.36 Cr
+162.4% YoY
Net Worth
₹84.12 Cr
+2.6% YoY
Total Assets
₹89.12 Cr
-3.0% YoY
Total Debt
₹2.11 Cr
-72.8% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue64.6872.1081.7062.2590.5450.7182.87
Revenue growth-10.3%-11.8%+31.2%-31.3%+78.5%-38.8%-
EBITDA0.45(4.20)(0.93)(0.15)0.37(2.65)(4.30)
EBITDA margin+0.7%-5.8%-1.1%-0.2%+0.4%-5.2%-5.2%
Profit before tax3.242.410.671.991.35(1.61)(1.72)
Net profit2.36(3.78)0.320.740.99(0.85)(2.05)
Net profit margin+3.7%-5.2%+0.4%+1.2%+1.1%-1.7%-2.5%
EPS (₹)4.243.170.562.921.87(2.40)(2.65)
Balance sheet
Total assets89.1291.9287.7990.9893.7586.6789.67
Net worth84.1281.9780.2679.7378.1677.1878.69
Total debt2.117.765.549.4713.817.798.27
Cash & bank16.4128.7625.1928.5822.1328.8125.92
Net working capital55.7870.2266.8662.7374.1463.8464.17
Cash flow
Cash from operations5.41(3.03)(6.57)19.23(14.98)2.5216.90
Cash from investing0.50(3.98)17.03(15.55)11.471.18(10.30)
Cash from financing(6.33)1.38(4.84)(4.98)5.14(1.52)(5.75)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue13.4913.1014.1719.5117.9020.8918.5716.10
Revenue growth (YoY)-24.6%-37.3%-23.7%+21.2%+8.2%---
Other income0.801.420.871.201.025.641.001.07
Total expenses14.8314.2414.3919.3116.6122.1318.2419.48
EBITDA(1.34)(1.14)(0.22)0.201.29(1.24)0.33(3.38)
EBITDA margin-9.9%-8.7%-1.6%+1.0%+7.2%-5.9%+1.8%-21.0%
Depreciation0.150.230.170.150.160.210.210.19
Interest0.100.140.160.160.220.180.210.24
Profit before tax(0.79)(0.09)0.321.091.934.010.91(2.74)
Tax(0.19)0.030.150.250.531.010.24(0.64)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 23 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue13.4913.1014.1719.5117.9020.8918.5716.10
Revenue growth (YoY)-24.6%-37.3%-23.7%+21.2%+8.2%---
Other income0.801.420.871.201.025.641.001.07
Total expenses14.8314.2414.3919.3116.6122.1318.2419.48
EBITDA(1.34)(1.14)(0.22)0.201.29(1.24)0.33(3.38)
EBITDA margin-9.9%-8.7%-1.6%+1.0%+7.2%-5.9%+1.8%-21.0%
Depreciation0.150.230.170.150.160.210.210.19
Interest0.100.140.160.160.220.180.210.24
Profit before tax(0.79)(0.09)0.321.091.934.010.91(2.74)
Tax(0.19)0.030.150.250.531.010.24(0.64)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue64.6872.1081.7062.2590.5450.7182.87
Revenue growth-10.3%-11.8%+31.2%-31.3%+78.5%-38.8%-
Other income4.518.563.854.513.483.965.63
Total expenses64.2376.3082.6362.4090.1753.3687.17
Employee cost8.838.698.677.517.005.538.46
EBITDA0.45(4.20)(0.93)(0.15)0.37(2.65)(4.30)
EBITDA margin+0.7%-5.8%-1.1%-0.2%+0.4%-5.2%-5.2%
Depreciation0.710.821.011.301.281.641.69
Interest1.011.131.241.071.221.281.36
Profit before tax3.242.410.671.991.35(1.61)(1.72)
Tax0.960.690.360.420.35(0.31)(0.30)
Net profit2.36(3.78)0.320.740.99(0.85)(2.05)
Net profit margin+3.7%-5.2%+0.4%+1.2%+1.1%-1.7%-2.5%
EPS (₹)4.243.170.562.921.87(2.40)(2.65)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital5.405.405.405.405.405.405.40
Reserves & surplus78.7276.5774.8674.3372.7671.7873.29
Shareholders' funds (net worth)84.1281.9780.2679.7378.1677.1878.69
Secured loans2.116.985.549.4713.637.798.27
Unsecured loans0.000.780.000.000.180.000.00
Total debt2.117.765.549.4713.817.798.27
Total liabilities89.1291.9287.7990.9893.7586.6789.67
Assets
Gross block93.2291.8189.6090.0790.9290.9992.00
Net block12.0811.299.2610.2312.1312.9814.89
Capital work in progress0.000.000.050.000.000.000.00
Investments11.831.511.320.850.540.170.00
Inventories25.8423.9427.8527.7239.7228.1127.30
Sundry debtors15.3217.6014.379.2613.799.3313.08
Cash & bank balances16.4128.7625.1928.5822.1328.8125.92
Loans & advances7.068.887.566.216.276.687.43
Total current assets64.6379.1874.9771.7781.9172.9373.73
Total current liabilities8.858.968.119.047.779.099.56
Net working capital55.7870.2266.8662.7374.1463.8464.17
Total assets89.1291.9287.7990.9893.7586.6789.67
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash6.5112.156.527.836.204.023.17
Net cash from operating activities5.41(3.03)(6.57)19.23(14.98)2.5216.90
Net cash from investing activities0.50(3.98)17.03(15.55)11.471.18(10.30)
Net cash from financing activities(6.33)1.38(4.84)(4.98)5.14(1.52)(5.75)
Net change in cash(0.42)(5.63)5.62(1.31)1.632.180.85
Closing cash16.4128.7625.1928.5822.1328.8125.92
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-10.3%-11.8%+31.2%-31.3%+78.5%-38.8%-
EBITDA growth+110.7%-351.6%-520.0%-140.5%+114.0%+38.4%-
PBT growth+34.4%+259.7%-66.3%+47.4%+9998.0%+6.4%+82.4%
Net income growth+162.4%-1281.3%-56.8%-25.3%+216.5%+58.5%-
Revenue CAGR (3Y)+1.3%-7.3%+17.2%-9.1%-2.8%-22.6%-13.6%
EBITDA CAGR (3Y)---29.5%-67.3%--15.0%-7.7%
Profitability & leverage
Net income margin+3.5%+2.4%+0.4%+2.5%+1.1%-2.6%-1.7%
Return on capital employed+4.7%-1.4%+2.1%+2.2%+2.9%+0.1%-1.1%
Return on net worth+2.8%-4.7%+0.4%+1.0%+1.3%-1.1%-2.6%
Debt / equity0.060.080.090.150.140.100.13
Long-term debt / equity0.000.000.000.000.050.000.00
Interest cover-388.46-22.51-63.92-73.79-134.07-29.84-22.70
Efficiency & per share
Fixed asset turnover0.700.790.910.691.000.560.90
Inventory turnover2.602.782.941.852.671.832.33
Debtors turnover3.934.516.915.407.834.536.19
EPS (₹)4.243.170.562.921.87(2.40)(2.65)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)155.87151.90148.72147.75144.84143.02145.82

To see the full year-wise statements and ratios of Zenith Exports Limited, buy the company report.

Board of directors of Zenith Exports Limited

Zenith Exports has 6 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Varun LoyalkaManaging Director29 May 20188 Years 4 MonthsCurrent
Urmila LoyalkaDirector13 Feb 201511 Years 8 MonthsCurrent
Rabindra Kumar SarawgeeDirector12 Nov 20187 Years 11 MonthsCurrent
Kamal Koomar JainDirector13 Feb 20197 Years 8 MonthsCurrent
Priyanka PoddarDirector06 Mar 20260 Years 7 MonthsCurrent
Rasna GoyalDirector23 Mar 20260 Years 7 MonthsCurrent

Peer comparison

Zenith Exports Limited is compared with the 7 companies closest to it by revenue in the Consumer Products industry (Leather Goods Manufacturers, Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Shri Krishna Spinning Mills (India) Private Limited₹76.45 Cr (FY 2025)-3.0%Burhanpur, Madhya Pradesh, India
Premier Tex Products Private Limited₹76.24 Cr (FY 2025)9.0%Rajapalayam, Tamil Nadu, India
Keenara Filaments Private Limited₹76.11 Cr (FY 2025)95.0%Surat, Gujarat, India
Ramji Acro Limited₹76 Cr (FY 2025)22.0%Punjab, India
Ajay (India) Ltd₹75.98 Cr (FY 2025)16.0%Bhilwara, Rajasthan, India
Sakthi Ganesh Textiles Private Limited₹75.93 Cr (FY 2022)29.0%Coimbatore, Tamil Nadu, India
Ashi Creation Private Limited₹75.92 Cr (FY 2025)-6.0%New Delhi, Delhi, India
Zenith Exports Limitedthis company₹64.68 Cr (FY 2026)₹2.36 Cr3.6%-10.3%79Kolkata, West Bengal, India

To see the full peer comparison of Zenith Exports Limited, buy the company report.

Auditor

Zenith Exports Limited is audited by V. GOYAL & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
V. GOYAL & ASSOCIATESFY 2023312136E

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 45.50%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 54.50%.

Promoters: 45.50%Retail & Others: 54.50%
Sep 2026
QUARTER
45.50% Promoters
54.50% Retail & Others
Promoter holding - history
Now 45.50% · Sep 2026High 45.50% · Dec 2025Low 45.50% · Dec 2025
44%44.8%45.5%46.3%47%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 45.50%Mar 2026: 45.50%Jun 2026: 45.50%Sep 2026: 45.50%45.50%45.50%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters45.50%45.50%45.50%45.50%
Public54.50%54.50%54.50%54.50%

Charges & borrowings

Open charges
₹24.28 Cr
Satisfied charges
₹240.94 Cr
Breakdown by lending institutions
Canara Bank₹24.04 Cr
Others₹0.24 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Jan 2022100531557Others₹24 LakhOpen
28 Nov 201310467029Canara Bank₹24.04 CrOpen
12 Sep 201210383122Canara Bank₹4.5 LakhSatisfied
22 May 200810107653Canara Bank₹4 CrSatisfied
17 Mar 200680011454Canara Bank₹5 CrSatisfied

To see the full charge records of Zenith Exports Limited, buy the company report.

Total charge records: 31 View all charges

Deals & funding

Zenith Exports Limited has 5 deals on record (5 market trades); the latest was in June 2011.

Total deals
5
Market trades
5

Deals on record (5 of 5)

WhenDealAmountParties
Jun 2011Market trade₹75.5 LakhBuyer: 2 individuals
Seller: 2 individuals
May 2006Market trade₹69 LakhBuyer: Purotech Sales Pvt Ltd
Seller: an individual
Feb 2006Market trade₹43.6 LakhBuyer: Purotech Sales Pvt Ltd
Seller: Surendra Kumar Lyalka (Huf)
Oct 2004Market trade₹1.08 CrBuyer: Purotech Sales Pvt Ltd
Seller: R K Finance Ltd
Jul 2004Market trade₹52.5 LakhBuyer: R. K. Finance, Bhutnath Vanijya Vyapar Pvt Ltd

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Zenith Exports Limited was last rated by Icra on 10 Aug 2020.

Rating agencyRated onRating
Icra10 Aug 2020

To see the full credit ratings and regulatory alerts of Zenith Exports Limited, buy the company report.

MSME payment delays

Zenith Exports Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 433 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (3 of 3)

SupplierAmount dueDue sinceReported on
Allied Cargo Services (India) Private Limited
Shree Mahaveer Textiles Stores
an individual supplier

To see the full MSME payment records of Zenith Exports Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Zenith Exports Limited has a workforce of 79 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
79
Active EPFO establishments
1

GST

Zenith Exports has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
19AAACZ0986F1Z1West BengalActive01 Jul 2017
29AAACZ0986F1Z0KarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Zenith Exports Limited, buy the company report.

Recent activity

Zenith Exports Limited has 41 board changes on record since 1981: 25 appointments and 16 cessations. The latest: Rasna Goyal was appointed as Director on 23 Mar 2026.

Filing
Zenith Exports Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Kolkata I.
Appointed
Rasna Goyal was appointed as Director.
Appointed
Priyanka Poddar was appointed as Director.
AGM
Zenith Exports Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Ceased
Abhishek Bafna ceased to be Additional Director.
Ceased
Rajkumar Bilasrai Loyalka ceased to be CEO.
Ceased
Surendra Bafna ceased to be Director.
Appointed
Abhishek Bafna was appointed as Additional Director.
Appointed
Anita Kumari Gupta was appointed as Company Secretary.
Charges
A charge with Others amounted to Rs. 0.24 Cr with Charge ID 100531557 was registered on 14 Jan 2022.
Appointed
Surendra Kumar Loyalka was appointed as CEO.
Appointed
Sanjay Kumar Shaw was appointed as Director.

109 earlier events are in the company report.

Frequently asked questions

Zenith Exports is an active public limited company based in Kolkata, West Bengal, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 23 July 1981 (45+ years old) and is registered under CIN L24294WB1981PLC033902. Listed on BSE: 512553 and NSE: ZENITHEXPO.

Zenith Exports reported revenue of ₹64.68 Cr for FY 2025-26 (down 10.3% YoY) based on standalone financials.

Zenith Exports has 6 current directors:

The latest financial statements of Zenith Exports on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Zenith Exports is 19AAACZ0986F1Z1, registered in West Bengal. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAACZ0986F1Z0 (Karnataka).

The CIN (Corporate Identification Number) of Zenith Exports is L24294WB1981PLC033902. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Zenith Exports is a listed company as per MCA records. Its shares are listed on both BSE (code: 512553) and NSE (symbol: ZENITHEXPO).

Zenith Exports has 37 court cases on record: 19 filed by the company and 18 filed against it. 4 are pending. Most are in the high courts.

Zenith Exports was incorporated on 23 July 1981, making it 45+ years old. It is registered with the Registrar of Companies, Kolkata.

Zenith Exports has 5 deals on record (5 market trades); the latest was in June 2011.

The peers of Zenith Exports by revenue are Shri Krishna Spinning Mills (India) Private Limited, Premier Tex Products Private Limited, Keenara Filaments Private Limited, Ramji Acro Limited, Ajay (India) Ltd and 2 more, all in the Consumer Products industry (Leather Goods Manufacturers, Textiles), with the same principal business activity (textile, leather and other apparel products).

Rasna Goyal was appointed as Director on 23 Mar 2026. Priyanka Poddar was appointed as Director on 06 Mar 2026. Abhishek Bafna ceased to be Additional Director on 26 Jul 2025. Zenith Exports has 41 board changes on record in total.