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    Producer manufacturing

  3. •

    Auto parts: OEM
ZF Commercial Vehicle Control Systems India Limited

ZF Commercial Vehicle Control Systems India Limited

2,132.70
INR
-11.30
(-0.53%)
261.15BMarket Cap
Nov 14Next Earn
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
96.94
117.69
161.02
181.67
224.74
244.52
166.62
161.66
221.61
300.18
332.53
333.35
359.46
- -
Basic EPS, GAAP
10.32
10.6
17.87
18.76
23.97
24.79
13.95
9.12
12.48
27.91
35.71
40.48
45.44
- -
Free Cash Flow per Basic Share
7.15
4.52
13.53
15.78
18.95
2.78
11.52
6.01
-3.36
14.99
-0.48
10.52
58.36
- -
Dividend per Share
0.97
0.97
0.83
1
1.17
1.33
3.17
- -
1.83
2
2.17
2.83
3.17
- -
Book Value per Share
66.36
76.84
93.82
111.28
134.08
156.41
166.47
175.42
185.76
211.69
245.18
282.46
324.29
- -
Tangible Book Value per Share
66.09
76.5
93.42
110.96
133.88
156.17
166.12
175.13
184.93
210.67
244.2
281.53
323.79
- -
Basic Weighted Avg Shares
114
114
114
114
114
114
114
114
114
114
114
114
114
114
Sales/Revenue/Turnover
11,032
13,394
18,325
20,675
25,577
27,828
18,963
18,398
25,220
34,162
37,844
37,937
40,909
- -
Operating Margin (%)
12.55
12.74
12.66
13.34
13.41
12.75
8.73
6.57
6.52
10.9
12.15
13.38
13.09
- -
Depreciation Expense
322
467
562
616
617
714
901
904
924
1,048
1,098
1,243
1,318
- -
Net Income, GAAP
1,175
1,207
2,034
2,135
2,728
2,822
1,588
1,038
1,421
3,177
4,064
4,607
5,171
- -
Effective Tax Rate (%)
27.06
31.69
24.77
28.95
28.54
31.33
28.89
31.83
27.42
25.59
25.62
24.39
25.39
- -
Profit Margin (%)
10.65
9.01
11.1
10.33
10.67
10.14
8.38
5.64
5.63
9.3
10.74
12.14
12.64
- -
Working Capital
4,445
5,385
6,843
8,562
10,633
12,432
12,993
14,142
14,572
17,031
19,648
23,516
28,339
- -
LT Debt
- -
- -
- -
- -
- -
- -
87
44
3
617
613
566
479
- -
Total Equity
7,552
8,744
10,678
12,664
15,259
17,800
18,945
19,964
21,141
24,091
27,903
32,145
36,906
- -
Return on Invested Capital (%)
14.41
14.28
17.93
16.74
17.16
14.08
6.2
4.04
5.72
11.8
12.76
12.53
11.12
- -
Return on Capital (%)
16.75
14.84
20.95
18.32
19.62
17.07
8.68
5.37
6.96
14.02
15.38
15.15
14.83
- -
Return on Common Equity (%)
16.73
14.81
20.94
18.29
19.54
17.07
8.64
5.34
6.91
14.05
15.63
15.35
14.98
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
69
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
479
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
114
114
114
Market Capitalization
282,199
261,146
292,025

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
34,928
- -
Cash, Cash Equivalents & STI
- -
22,298
- -
Accounts Receivable, Net
- -
9,415
- -
Inventories
- -
2,815
- -
Total Current Liabilities
- -
6,589
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
69
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.32%
13.14%
14.81%
Free Cash Flow
-242.55%
-528.54%
454.76%
Net Income, GAAP
17.19%
42.81%
12.25%
Sales/Revenue/Turnover
10.19%
18.28%
7.83%
Total Cash Common Dividend
- -
- -
11.76%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
9,458
9,109
9,624
10,101
37,937
2026
9,756
- -
10,749
11,479
40,909
2027
10,662
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
8.74
9.59
11.03
11.14
40.48
2026
10.75
- -
12.32
12.86
45.44
2027
9.18
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
2.83
2026
- -
- -
- -
- -
3.17
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Paramjit Singh Chadha
Full Time Employees
3,364
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
Plot No. 3 (SP) Chennai TN India 600058
IPO Date
Oct 1, 2008
Website
zf.com
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Business
ZF Commercial Vehicle Control Systems India Limited manufactures and markets advanced braking systems, conventional braking products, and air-assisted technologies for commercial vehicles including trucks, buses, off-highway vehicles, defense applications, cars, and fleets; its core offerings encompass electronic braking systems, electronic stability control, electronically controlled air suspension, e-compressors, air suspension solutions, air disc brakes, foundation brakes, air compressors, fleet management systems, spare parts, after-sale services, digital services, retrofit solutions, workshop solutions, and professional training and consulting. The company, formerly known as WABCO India Limited until its name change in March 2022 following integration into ZF Group's Commercial Vehicle Solutions division after ZF's 2020 acquisition of WABCO, provides industry-leading solutions in autonomous, connected, and electric domains with a focus on accident-free driving and greener transportation. Headquartered in Chennai, Tamil Nadu, India, and founded in 2004 as a subsidiary of WABCO Asia Private Limited, it operates six manufacturing facilities, an advanced technology development center, a vehicle testing facility, and a nationwide aftermarket distribution network primarily serving the Indian commercial vehicle market with exports. Recent developments include securing a multi-year business nomination in April 2025 from a leading Indian commercial vehicle OEM for its AxTrax 2 electric axles targeted at medium-duty buses; winning a major contract in May 2025 for a new-generation 430mm heavy-duty clutch system; and ZF Group selling a 4.3% stake in November 2024 to enhance liquidity while retaining majority control, alongside introducing products such as doors with door control systems. The company employs approximately 2,500 people and maintains a wholly owned subsidiary, ZF CV Control Systems Manufacturing India Private Limited, focused on auto ancillary parts manufacturing for domestic and export markets.