Z F Steering Gear (India) Limited

Z F Steering Gear (India) Limited

648.95
INR
-11.15
(-1.69%)
18.79EPS
30.92P/E
6.40BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
320.83
387.15
467.28
437.85
466.22
482.36
314.99
221.19
344.82
493.24
524.85
541.8
626.09
669.59
Basic EPS, GAAP
15.54
22.78
27.96
34.51
47.65
-1.44
-0.31
9.75
20.14
27.05
48.15
16.44
16.96
22.8
Free Cash Flow per Basic Share
-1.22
-7.14
14.54
22.17
50.38
11.86
5.46
-40.21
-19.95
10.15
-65.33
-21.38
-12.8
- -
Dividend per Share
9.29
8.15
26.97
0.03
9.62
9.67
0.06
0.09
0.09
- -
5.24
7.97
0.09
- -
Book Value per Share
248.67
233.69
257.66
291.32
331.24
405.82
404.54
415.11
435.46
461.44
505.01
513.5
530.5
- -
Tangible Book Value per Share
246.18
231.74
255.52
289.56
328.25
404.02
402.8
413.88
434.56
460.37
503.77
512.54
529.75
- -
Basic Weighted Avg Shares
9
9
9
9
9
9
9
9
9
9
9
9
9
9
Sales/Revenue/Turnover
2,911
3,513
4,240
3,973
4,230
4,377
2,858
2,007
3,128
4,475
4,762
4,916
5,681
5,812
Operating Margin (%)
14.78
5.42
8.25
13.66
13.15
10.84
2.58
-8.92
2.95
6.92
5.09
3.09
6.49
3.98
Depreciation Expense
210
274
306
279
333
310
325
376
314
322
337
428
473
470
Net Income, GAAP
141
207
254
313
432
-13
-3
89
183
245
437
149
154
198
Effective Tax Rate (%)
68.57
26
32.98
30.08
24.87
- -
109.36
- -
38.9
32.4
15.79
48.61
58.12
51.57
Profit Margin (%)
4.85
5.88
5.98
7.88
10.22
-0.3
-0.1
4.41
5.84
5.48
9.17
3.04
2.71
3.41
Working Capital
309
361
72
285
382
406
304
524
931
885
984
704
372
- -
LT Debt
124
101
79
158
146
210
20
14
51
63
388
434
396
- -
Total Equity
2,256
2,120
2,338
2,643
3,005
3,682
3,671
3,766
3,951
4,187
4,582
4,683
4,803
- -
Return on Invested Capital (%)
5.81
8.2
9.46
12.72
12.1
- -
-0.17
- -
1.33
4.61
4.08
1.42
2.62
- -
Return on Capital (%)
5.99
8.84
10.37
10.7
12.78
- -
-0.09
- -
4.41
5.6
8.92
3.73
3.82
- -
Return on Common Equity (%)
6.34
9.44
11.38
12.57
15.31
-0.39
-0.08
2.38
4.73
6.03
9.96
3.23
3.25
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
668
- -
LT Borrowings
- -
354
- -
LT Finance Leases
- -
42
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
9
9
Market Capitalization
7,272
5,271
6,396

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,880
- -
Cash, Cash Equivalents & STI
- -
92
- -
Accounts Receivable, Net
- -
1,007
- -
Inventories
- -
673
- -
Total Current Liabilities
- -
1,507
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
668
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.66%
5.02%
2.58%
Free Cash Flow
-184.01%
-210.47%
-40.15%
Net Income, GAAP
-322.48%
31.22%
3.15%
Sales/Revenue/Turnover
6.33%
24.83%
15.56%
Total Cash Common Dividend
- -
- -
-98.89%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,281
1,112
1,176
1,370
4,916
2026
1,329
1,206
1,432
1,743
5,681
2027
1,431
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
11.23
1.9
-0.95
4.27
16.44
2026
8.78
-0.43
8.64
-0.04
16.96
2027
13.63
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
7.97
2026
- -
- -
- -
- -
0.09
2027
- -
- -
- -
- -
- -

Company Description

CEO
Utkarsh Dinesh Munot
Full Time Employees
399
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
Gat No 1242/44 Pune MA India 412216
IPO Date
Jul 13, 1993
Business
ZF Steering Gear (India) Limited manufactures and supplies steering systems for commercial vehicles, buses, tractors, and light vehicles in India and select export markets including Nepal, Middle East, South Africa, and Bangladesh. The company produces ball and nut integral hydraulic power steering gears with an installed capacity of 375,000 units annually; worm and roller mechanical steering gears with a capacity of 200,000 units; vane pumps, pump pulleys, oil reservoirs, steering and pump mounting brackets, steering columns, and intermediate shafts. Incorporated in 1981 as a joint venture with ZF Friedrichshafen AG and headquartered at Gat No. 1242/44, Village Vadu Bk., Tal. Shirur, Dist. Pune, India, it operates manufacturing facilities in Pune, Maharashtra, and Pithampur, Madhya Pradesh, serving tier-I OEMs such as Tata Motors, Mahindra Trucks & Bus, Force Motors, and state transport undertakings with IATF 16949:2016 certified processes. The Munot family holds a 67.17% stake as promoter. Recent developments include the incorporation of two wholly-owned subsidiaries, DriveSys Systems Private Limited and NexSteer Systems Private Limited, to expand its business portfolio; maintenance of a 26% stake in joint venture ZF Lenksysteme India Private Limited in Pune following ownership changes involving Robert Bosch GmbH; and investments in renewable energy projects including wind and solar power.