ZF Commercial Vehicle Control Systems India financials

·Auto & MobilityChart ›
Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹1,066cr+9.3% on Q1 FY26
Net profit
₹104cr−14.6% on Q1 FY26
EBITDA margin
12.9%−0.6 pts on Q1 FY26
EPS
₹9.18−85.8% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue1,066976+9.3%
EBITDA138132+4.8%
EBITDA margin12.9%13.5%−0.6 pts
Profit before tax140164−14.7%
Net profit104122−14.6%
EPS₹9.18₹64.52−85.8%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹1,066 crNet profit₹104 crNet margin9.8%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
3,978————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
795795158138187
3,183————
4,2104,1193,8313,8163,444
—+7.5%+0.4%+10.8%—
661655631566470
15.7%15.9%16.5%14.8%13.7%
530523507457366
499517461406318
11.9%12.6%12.0%10.7%9.2%
₹263.21₹272.65₹242.90₹214.28₹167.48
—+12.2%+13.4%+27.9%—
—810286193298
—−146−167−195−128
664664119−2.4171
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

ZFCVINDIA₹2,097.30

ZF Commercial Vehicle Control Systems India Ltd.

· Auto & Mobility
₹ CrorePeersBOSCHLTDRKFORGEOLECTRAMSUMIMINDACORPJKTYREGABRIELCRAFTSMANMcap ₹3,978 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————3,978.1
- Cash, Equiv & ST Investments186.6137.7158.2795.2795.2
Enterprise Value————3,182.9
Revenue3,444.23,815.63,831.04,118.94,209.6
Growth %, YoY—+10.8+0.4+7.5—
EBITDA470.4566.4631.1655.0661.3
Margin %13.6614.8416.4715.9015.71
EBIT365.6456.6506.8523.2530.0
Net Income317.7406.4460.7517.1499.3
Margin %9.2210.6512.0312.5611.86
EPS, Adj (current shares)167.48214.28242.90272.65263.21
Growth %, YoY—+27.9+13.4+12.2—
Cash from Operations298.5192.9286.1810.2—
Capital Expenditures-127.8-195.2-167.5-145.9—
Free Cash Flow170.6-2.4118.6664.2664.2
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

ZF Commercial Vehicle Control Systems India financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

ZF Commercial Vehicle Control Systems India (NSE: ZFCVINDIA) had a market capitalisation of ₹23,938 crore at the 29 October 2026 close (₹2,103.40 a share), a PE ratio of 47.9 on the last four quarters' profit and a price-to-book ratio of 6.49. In FY26 its consolidated net profit was ₹517 crore on revenue of ₹4,119 crore; in Q1 FY27 (April–June 2026) it was ₹104 crore, down 14.6% year on year. It had no borrowings on 31 March 2026. Promoters held 60.00% of the shares on 30 September 2026.

Share price used
₹2,103.40 · 29 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

ZF Commercial Vehicle Control Systems India at a glance · consolidated

Market cap
₹23,938 Crat ₹2,103.40 · 29 Oct close
PE ratio (last 4 quarters)
47.946.3 on FY26 profit
Price to book (PB)
6.49book value ₹324.29 a share
ROE (FY26)
15.0%−0.4 pts vs FY25ROCE 14.8%
Debt to equity
0.00net cash ₹2,230 Cr
Promoter holding
60.00%unchanged vs 30 Jun 202630 September 2026
Net worth
₹3,691 Cr+14.8% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
₹664 Cr+460.0% vs FY25
EPS (FY26)
₹272.65

Questions

What is the ZF Commercial Vehicle Control Systems India PE ratio today?

ZF Commercial Vehicle Control Systems India's PE ratio is 47.9 at the 29 October 2026 close (₹2,103.40 a share): a market capitalisation of ₹23,938 crore divided by consolidated net profit of ₹499 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹517 crore) it is 46.3.

What is the ZF Commercial Vehicle Control Systems India PB ratio (price to book value)?

ZF Commercial Vehicle Control Systems India's price-to-book (PB) ratio is 6.49 at the 29 October 2026 close: a market capitalisation of ₹23,938 crore divided by shareholders' equity (book value) of ₹3,691 crore on 31 March 2026. That is a book value of ₹324.29 per share against a share price of ₹2,103.40.

What is the ZF Commercial Vehicle Control Systems India net worth?

ZF Commercial Vehicle Control Systems India's net worth — shareholders' equity in its consolidated balance sheet — was ₹3,691 crore on 31 March 2026, up 14.8% from ₹3,215 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹23,938 crore at the 29 October 2026 close.

What is the ZF Commercial Vehicle Control Systems India market cap?

ZF Commercial Vehicle Control Systems India's market capitalisation was ₹23,938 crore at the 29 October 2026 close: 11.38 crore shares at ₹2,103.40 each.

Is ZF Commercial Vehicle Control Systems India debt free?

Yes. ZF Commercial Vehicle Control Systems India had no borrowings on 31 March 2026 (consolidated balance sheet), and it held ₹2,230 crore of cash, bank balances and current investments.

What is the ZF Commercial Vehicle Control Systems India EPS?

ZF Commercial Vehicle Control Systems India's basic earnings per share (EPS) were ₹272.65 in FY26, against ₹242.90 in FY25.

What is the ZF Commercial Vehicle Control Systems India debt to equity ratio?

ZF Commercial Vehicle Control Systems India's debt-to-equity ratio was 0.00 on 31 March 2026: no borrowings against total equity of ₹3,691 crore. A year earlier, on 31 March 2025, it was 0.00.

What is the ZF Commercial Vehicle Control Systems India dividend in 2026 and its record date?

In 2026, ZF Commercial Vehicle Control Systems India has declared one dividend: ₹4 with record date 10 July 2026.

What is the ZF Commercial Vehicle Control Systems India promoter holding?

Promoters held 60.00% of ZF Commercial Vehicle Control Systems India on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

What is the ZF Commercial Vehicle Control Systems India ROE and ROCE?

In FY26, ZF Commercial Vehicle Control Systems India's return on equity (ROE) was 15.0% and its return on capital employed (ROCE) was 14.8%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 15.4% and ROCE 16.4%.

What is the ZF Commercial Vehicle Control Systems India shareholding pattern?

On 30 September 2026, ZF Commercial Vehicle Control Systems India's shares were held by promoters 60.00%, foreign portfolio investors (FII/FPI) 5.07%, domestic institutions (DII) 25.48% (including mutual funds at 23.91%) and retail and other non-institutional investors 9.45%. Over the year, FII holding was down 0.72 percentage points from 5.79% and DII holding was down 0.77 percentage points from 26.25%.

How does the ZF Commercial Vehicle Control Systems India PE ratio compare with its peers?

At the 29 October 2026 closing prices, on FY26 net profit, ZF Commercial Vehicle Control Systems India's PE ratio is 46.3, the third highest of the four: Bosch 50.6, Ramkrishna Forgings 170.3 and Olectra Greentech 45.2, a peer average of 88.7. Each is the company's market capitalisation at that price divided by its FY26 net profit.

What is the ZF Commercial Vehicle Control Systems India book value per share?

ZF Commercial Vehicle Control Systems India's book value per share was ₹324.29 on 31 March 2026: shareholders' equity of ₹3,691 crore divided by the 11.38 crore shares in issue. The share price at the 29 October 2026 close was ₹2,103.40.

What is the ZF Commercial Vehicle Control Systems India free cash flow?

In FY26, ZF Commercial Vehicle Control Systems India generated ₹810 crore of cash from operations and spent ₹146 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹664 crore. In FY25 it was ₹119 crore.

What are the ZF Commercial Vehicle Control Systems India latest quarterly results?

ZF Commercial Vehicle Control Systems India's latest results are for Q1 FY27 (April–June 2026), filed on 24 July 2026: consolidated net profit ₹104 crore, down 14.6% from ₹122 crore in Q1 FY26; revenue from operations ₹1,066 crore, up 9.3% year on year.

What is the ZF Commercial Vehicle Control Systems India revenue and profit in FY26?

In FY26 (April 2025–March 2026), ZF Commercial Vehicle Control Systems India's consolidated net profit was ₹517 crore, up 12.2% from ₹461 crore in FY25, on revenue from operations of ₹4,119 crore (up 7.5%). Over three years, from FY23, net profit was up 62.8%.

When are the ZF Commercial Vehicle Control Systems India next results?

ZF Commercial Vehicle Control Systems India has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.

ZF Commercial Vehicle Control Systems India vs Bosch: how do they compare?

In FY26, ZF Commercial Vehicle Control Systems India earned net profit of ₹517 crore on revenue of ₹4,119 crore, against ₹2,773 crore on ₹20,035 crore for Bosch. ZF Commercial Vehicle Control Systems India's operating margin was 12.7% (Bosch 11.3%) and its return on equity 15.0% (Bosch 19.4%). At the 29 October 2026 close, ZF Commercial Vehicle Control Systems India's market capitalisation was ₹23,938 crore against ₹1,40,317 crore for Bosch, and its PE ratio on FY26 profit 46.3 against 50.6.

How does ZF Commercial Vehicle Control Systems India compare with its peers?

On FY26 consolidated figures, against Bosch, Ramkrishna Forgings and Olectra Greentech: ZF Commercial Vehicle Control Systems India's operating margin of 12.7% is the highest of the four (Bosch 11.3%, Ramkrishna Forgings 7.3%, Olectra Greentech 12.3%; peer average 10.3%); its return on equity of 15.0% is the third highest of the four (Bosch 19.4%, Ramkrishna Forgings 2.3%, Olectra Greentech 15.6%; peer average 12.4%); its revenue growth over three years of 6.1% a year is the lowest of the four (Bosch 10.3% a year, Ramkrishna Forgings 9.9% a year, Olectra Greentech 28.5% a year; peer average 16.2% a year).

Where do these ZF Commercial Vehicle Control Systems India figures come from?

From ZF Commercial Vehicle Control Systems India's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.