ZF Commercial Vehicle Control Systems India balance sheet

As of Mar 2026

Total assets: ₹4,425cr+16.9% on Mar 2025
Shareholders' equity: ₹3,691cr+14.8% on Mar 2025
Total debt: ₹0.0crNo figure a year before
Cash and investments: ₹795cr+402.8% on Mar 2025

₹ crore except per share

Tap a line for its trend	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Current assets
Non-current assets					FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	720	723	659	575
	60.8	68.5	84.0	77.0
	5.5	3.4	2.4	0.0
	5.7	10.5	11.2	11.6
	1.8	1.8	1.8	0.0
	18.2	18.2	17.3	18.4
	20.0	20.0	19.0	18.4
	34.8	24.9	29.0	22.0
	85.5	93.7	102	79.3
	933	944	907	784
	281	191	175	157
	603	28.6	23.3	100
	942	1,120	936	758
	192	130	114	86.5
	1,435	1,338	1,183	1,083
	—	34.8	0.0	1.8
	3,172	2,651	2,257	2,029
	39.7	0.0	42.4	53.0
	3,493	2,842	2,475	2,239
	4,425	3,785	3,382	3,022
Equity
	9.5	9.5	9.5	9.5
	3,681	3,205	2,781	2,400
	3,691	3,215	2,790	2,409
	3,691	3,215	2,790	2,409
Liabilities
	47.9	56.6	61.3	61.7
	47.9	56.6	61.3	61.7
	28.2	24.0	20.0	15.8
	76.0	80.6	81.3	77.5
	462	351	383	360
	56.4	61.3	51.9	82.6
	519	413	435	443
	36.0	25.6	25.5	20.1
	25.3	6.7	2.5	10.8
	78.9	45.2	47.2	62.4
	659	490	510	536
	735	571	591	613
	4,425	3,785	3,382	3,022
Trade payables — MSME split
	26.0	10.7	—	—
	436	340	—	—

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

alphave

ZFCVINDIA₹2,103.40

ZF Commercial Vehicle Control Systems India Ltd.

· Auto & Mobility

₹ CrorePeersBOSCHLTD RKFORGE OLECTRA MSUMI MINDACORP JKTYRE GABRIEL CRAFTSMANMcap ₹3,990 Cr

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In ₹ Crore except Per Share As of	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/06/2026
Non-current Assets
+ Property, Plant & Equipment	575.2	659.3	722.6	720.4	720.4
+ Capital Work-in-Progress	77.0	84.0	68.5	60.8	60.8
+ Investment Property	0.0	2.4	3.4	5.5	5.5
+ Other Intangibles	11.6	11.2	10.5	5.7	5.7
+ Non-current Investments	0.0	1.8	1.8	1.8	1.8
+ Other Non-current Financial Assets	18.4	17.3	18.2	18.2	18.2
Non-current Financial Assets	18.4	19.0	20.0	20.0	20.0
+ Deferred Tax Assets	22.0	29.0	24.9	34.8	34.8
+ Other Non-current Assets	79.3	102.0	93.7	85.5	85.5
Total Non-current Assets	783.5	906.9	943.5	932.7	932.7
Current Assets
+ Inventories	157.0	175.3	190.6	281.5	281.5
+ Current Investments	100.1	23.3	28.6	603.5	603.5
+ Trade Receivables	757.6	936.3	1,120.1	941.5	941.5
+ Cash & Cash Equivalents	86.5	114.5	129.6	191.7	191.7
+ Other Bank Balances	1,082.9	1,182.9	1,338.0	1,434.9	1,434.9
+ Other Current Financial Assets	1.8	0.0	34.8	—	—
Current Financial Assets	2,028.9	2,257.0	2,651.1	3,171.6	3,171.6
+ Other Current Assets	53.0	42.4	0.0	39.7	39.7
Total Current Assets	2,238.9	2,474.8	2,841.7	3,492.8	3,492.8
Total Assets	3,022.4	3,381.6	3,785.2	4,425.5	4,425.5
Equity
+ Equity Share Capital	9.5	9.5	9.5	9.5	9.5
+ Other Equity / Reserves	2,399.6	2,780.8	3,205.1	3,681.1	3,681.1
Equity — Owners of Parent	2,409.1	2,790.3	3,214.5	3,690.6	3,690.6
Total Equity	2,409.1	2,790.3	3,214.5	3,690.6	3,690.6
Liabilities
+ Other Non-current Financial Liab	61.7	61.3	56.6	47.9	47.9
Non-current Financial Liabilities	61.7	61.3	56.6	47.9	47.9
+ Provisions — Non-current	15.8	20.0	24.0	28.2	28.2
Non-current Liabilities	77.5	81.3	80.6	76.0	76.0
+ Trade Payables	360.0	382.9	351.2	462.2	462.2
+ Other Current Financial Liab	82.6	51.9	61.3	56.4	56.4
Current Financial Liabilities	442.5	434.8	412.5	518.6	518.6
+ Provisions — Current	20.1	25.5	25.6	36.0	36.0
+ Current Tax Liabilities	10.8	2.5	6.7	25.3	25.3
+ Other Current Liabilities	62.4	47.2	45.2	78.9	78.9
Current Liabilities	535.8	510.0	490.0	658.9	658.9
Total Liabilities	613.3	591.3	570.6	734.9	734.9
Total Equity & Liabilities	3,022.4	3,381.6	3,785.2	4,425.5	4,425.5
Trade Payables — MSME split
+ Dues to Micro & Small — Current	—	—	10.7	26.0	26.0
+ Dues to Other Creditors — Current	—	—	340.5	436.2	436.2

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

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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%.