ZF Commercial Vehicle Control Systems India quarterly results

Q1 FY27 · Apr–Jun 2026

₹ crore	Q1 FY27	Q1 FY26	Change
Revenue	1,066	976	+9.3%
EBITDA	138	132	+4.8%
EBITDA margin	12.9%	13.5%	−0.6 pts
Profit before tax	140	164	−14.7%
Net profit	104	122	−14.6%
EPS	₹9.18	₹64.52	−85.8%

Every quarter

₹ crore except per share

Tap a line for its trend	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Q2 FY24Sep 2023	Earlier quartersAlpha Plus

Expenses
	1,066	1,155	1,075	913	976	1,012	962	911	946	959	899	992	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	35.6	41.6	30.0	45.0	66.6	27.1	16.5	39.3	25.3	19.9	29.5	24.1
	1,102	1,197	1,105	958	1,042	1,039	979	950	971	979	928	1,016
	638	686	596	520	556	607	542	531	550	596	544	613
	−4.9	−3.4	10.3	−4.7	8.8	−17.7	3.8	−4.1	11.2	−16.6	8.6	2.4
	170	170	146	144	150	129	140	133	137	118	116	117
	1.2	1.0	1.8	1.2	1.3	1.4	1.2	1.3	1.8	1.0	1.4	1.3
	32.3	33.9	32.9	32.2	32.7	32.0	31.8	31.4	29.0	28.8	26.2	27.1
	125	112	124	119	129	118	98.9	111	109	115	95.7	115
	962	1,000	911	812	878	870	818	804	838	842	793	875
	138	190	199	134	132	175	177	140	139	146	134	145
	106	156	166	102	98.9	143	145	108	110	117	107	118
Profit
	140	197	194	146	164	169	161	146	134	136	135	141
	0.0	0.0	−7.9	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	140	197	187	146	164	169	161	146	134	136	135	141
	36.9	52.9	49.1	38.7	45.0	41.5	30.9	35.3	35.7	36.4	35.8	38.3
	−1.4	−2.7	−2.7	−1.1	−3.2	0.6	4.2	2.0	−1.6	−0.4	−1.2	−2.7
	35.6	50.3	46.3	37.6	41.8	42.1	35.1	37.3	34.1	36.0	34.6	35.5
	104	146	140	108	122	127	125	109	99.4	100	101	106
	104	146	140	108	122	127	125	109	99.4	100	101	106
	−0.2	−7.5	0.2	2.5	−0.2	−2.1	1.0	−3.0	−0.1	−1.6	0.4	0.6
	104	139	140	111	122	125	126	106	99.3	98.6	101	106
	—	—	—	—	—	—	—	—	99.4	—	—	—
Per share
	₹9.18	₹77.14	₹73.90	₹57.08	₹64.52	₹66.81	₹66.15	₹57.53	₹52.42	₹52.83	₹53.16	₹55.72
	₹9.18	₹77.14	₹73.90	₹57.08	₹64.52	₹66.81	₹66.15	₹57.53	₹52.42	₹52.83	₹53.16	₹55.72
Other comprehensive income — detail
	−0.2	−7.5	0.2	2.5	−0.2	−2.1	—	—	—	—	—	—
	−0.2	−8.4	0.3	3.1	−0.2	−2.7	1.2	—	—	—	0.5	0.8
	−0.1	−0.9	0.1	0.6	−0.0	−0.5	—	—	—	—	—	—
	—	—	—	—	—	—	0.2	—	0.0	—	0.1	0.2
	—	—	—	—	—	—	—	−3.7	−0.2	−2.0	—	—
	—	—	—	—	—	—	—	−0.7	−0.0	−0.4	0.0	0.0
	104	—	—	—	—	—	—	—	99.4	—	—	—
Per share — as-filed variants
	₹9.18	₹77.14	₹73.90	₹57.08	₹64.52	₹66.81	₹66.15	₹57.53	₹52.42	₹52.83	₹53.16	₹55.72
	₹9.18	₹77.14	₹73.90	₹57.08	₹64.52	₹66.81	₹66.15	₹57.53	₹52.42	₹52.83	₹53.16	₹55.72
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	433	472	469	398	411	423	416	384	385	379	346	377
	40.6%	40.9%	43.6%	43.6%	42.1%	41.8%	43.3%	42.2%	40.7%	39.5%	38.5%	38.0%
Adjusted (ex-exceptional items) — derived
	140	197	194	146	164	169	161	146	134	136	135	141
	0.0	0.0	−7.9	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	104	146	146	108	122	127	125	109	99.4	100	101	106
	₹9.18	₹77.14	₹77.04	₹57.08	₹64.52	₹66.81	₹66.15	₹57.53	₹52.42	₹52.83	₹53.16	₹55.72

Open the chart

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

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

View

In ₹ Crore except Per Share 3 Months Ending	Q2 FY24 30/09/2023	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026
Revenue from Operations	991.7	898.5	958.6	945.8	910.9	962.4	1,011.9	975.6	913.2	1,074.9	1,155.2	1,066.2
Other Income	24.1	29.5	19.9	25.3	39.3	16.5	27.1	66.6	45.0	30.0	41.6	35.6
Total Income	1,015.8	928.0	978.5	971.1	950.2	978.9	1,039.0	1,042.2	958.2	1,105.0	1,196.8	1,101.8
Expenses
+ Cost of Materials Consumed	612.7	544.4	596.3	549.7	530.8	542.2	606.8	556.1	520.2	595.8	686.4	638.1
+ Changes in Inventories	2.4	8.6	-16.6	11.2	-4.1	3.8	-17.7	8.8	-4.7	10.3	-3.4	-4.9
+ Employee Benefit Expense	116.6	116.2	117.8	136.5	133.1	140.5	129.5	150.3	144.3	145.8	169.8	170.2
+ Finance Costs	1.3	1.4	1.0	1.8	1.3	1.2	1.4	1.3	1.2	1.8	1.0	1.2
+ Depreciation & Amortisation	27.1	26.2	28.8	29.0	31.4	31.8	32.0	32.7	32.2	32.9	33.9	32.3
+ Other Expenses	114.6	95.7	115.2	109.3	111.2	98.9	118.2	128.8	119.1	123.9	112.4	124.9
Total Expenses	874.6	792.5	842.4	837.5	803.7	818.4	870.2	878.0	812.3	910.5	1,000.2	961.8
EBITDA	145.5	133.6	146.1	139.0	139.9	177.1	175.1	131.6	134.4	199.1	190.0	137.9
EBIT	118.4	107.3	117.3	110.0	108.5	145.2	143.1	98.9	102.1	166.2	156.0	105.6
Profit
PBT before Exceptional Items	141.2	135.4	136.2	133.5	146.4	160.5	168.8	164.2	145.9	194.5	196.6	140.1
+ Exceptional Items	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-7.9	0.0	0.0
Pretax Income	141.2	135.4	136.2	133.5	146.4	160.5	168.8	164.2	145.9	186.5	196.6	140.1
+ Current Tax	38.3	35.8	36.4	35.7	35.3	30.9	41.5	45.0	38.7	49.1	52.9	36.9
+ Deferred Tax	-2.7	-1.2	-0.4	-1.6	2.0	4.2	0.6	-3.2	-1.1	-2.7	-2.7	-1.4
Tax Expense	35.5	34.6	36.0	34.1	37.3	35.1	42.1	41.8	37.6	46.3	50.3	35.6
Net Income	105.7	100.8	100.2	99.4	109.1	125.5	126.7	122.4	108.3	140.2	146.3	104.5
+ Net Income — Continuing Ops	105.7	100.8	100.2	99.4	109.1	125.5	126.7	122.4	108.3	140.2	146.3	104.5
+ Other Comprehensive Income	0.6	0.4	-1.6	-0.1	-3.0	1.0	-2.1	-0.2	2.5	0.2	-7.5	-0.2
Total Comprehensive Income	106.3	101.2	98.6	99.3	106.1	126.4	124.6	122.2	110.7	140.4	138.8	104.3
Net Income to Common	—	—	—	99.4	—	—	—	—	—	—	—	—
Per Share
Basic EPS	55.72	53.16	52.83	52.42	57.53	66.15	66.81	64.52	57.08	73.90	77.14	9.18
Diluted EPS	55.72	53.16	52.83	52.42	57.53	66.15	66.81	64.52	57.08	73.90	77.14	9.18
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	—	-2.1	-0.2	2.5	0.2	-7.5	-0.2
+ Items NOT to be Reclassified to P&L	0.8	0.5	—	—	—	1.2	-2.7	-0.2	3.1	0.3	-8.4	-0.2
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	—	-0.5	-0.0	0.6	0.1	-0.9	-0.1
+ Tax on Items NOT to be Reclassified — alt tag	0.2	0.1	—	0.0	—	0.2	—	—	—	—	—	—
+ Items to be Reclassified to P&L	—	—	-2.0	-0.2	-3.7	—	—	—	—	—	—	—
+ Tax on Items to be Reclassified — alt tag	0.0	0.0	-0.4	-0.0	-0.7	—	—	—	—	—	—	—
Comprehensive Income — Owners of Parent	—	—	—	99.4	—	—	—	—	—	—	—	104.5
Per Share — as-filed variants
Basic EPS — Continuing Operations	55.72	53.16	52.83	52.42	57.53	66.15	66.81	64.52	57.08	73.90	77.14	9.18
Diluted EPS — Continuing Operations	55.72	53.16	52.83	52.42	57.53	66.15	66.81	64.52	57.08	73.90	77.14	9.18
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	376.6	345.5	379.0	384.8	384.3	416.5	422.8	410.7	397.8	468.8	472.2	433.0
Gross Margin %	37.98	38.46	39.54	40.69	42.18	43.27	41.78	42.10	43.55	43.61	40.88	40.61
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	141.2	135.4	136.2	133.5	146.4	160.5	168.8	164.2	145.9	194.5	196.6	140.1
− Exceptional Items (reconciliation)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-7.9	0.0	0.0
Net Income Adj (tax-effected)	105.7	100.8	100.2	99.4	109.1	125.5	126.7	122.4	108.3	146.1	146.3	104.5
EPS Adj	55.72	53.16	52.83	52.42	57.53	66.15	66.81	64.52	57.08	77.04	77.14	9.18
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00
Paid Up Equity Capital	9.5	9.5	9.5	9.5	9.5	9.5	9.5	9.5	9.5	9.5	9.5	56.9

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.

« ‹ › »Latest: Q1 FY27 · 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 quarterly results

ZF Commercial Vehicle Control Systems India (NSE: ZFCVINDIA) has not yet announced the date of its Q2 FY27 results (July–September 2026); they are due by 14 November 2026 under SEBI's 45-day rule. Its latest results are for Q1 FY27 (April–June 2026). Consolidated net profit was ₹104 crore, down 14.6% from ₹122 crore in Q1 FY26 and down 28.6% from ₹146 crore in Q4 FY26. Revenue from operations was ₹1,066 crore, up 9.3% year on year and down 7.7% from the previous quarter.

Q1 FY27 results (the latest): 24 July 2026

Latest results: Q1 FY27 (Apr–Jun 2026) · consolidated

Q2 FY27 results due by: 14 November 202645 days after the quarter (SEBI)
Q1 FY27 net profit: ₹104 Cr−14.6% vs Q1 FY26−28.6% vs Q4 FY26
Q1 FY27 revenue: ₹1,066 Cr+9.3% vs Q1 FY26−7.7% vs Q4 FY26
Q1 FY27 operating margin: 9.9%−0.2 pts vs Q1 FY26−3.6 pts vs Q4 FY26
Q2 FY26 net profit (a year earlier): ₹108 CrRevenue ₹913 Cr
Q1 FY27 EPS (basic): ₹9.18

Questions

When will ZF Commercial Vehicle Control Systems India announce its Q2 FY27 results?

The date is not announced yet. Results for July–September 2026 are due by 14 November 2026 (45 days after the quarter, SEBI Regulation 33).

What was ZF Commercial Vehicle Control Systems India's net profit in FY26?

Consolidated net profit was ₹517 crore in FY26 (April 2025–March 2026), up 12.2% from ₹461 crore in FY25. It was ₹406 crore in FY24 and ₹318 crore in FY23: up 62.8% over three years, 17.6% a year on average.

What was ZF Commercial Vehicle Control Systems India's revenue in FY26?

Revenue from operations was ₹4,119 crore in FY26 (April 2025–March 2026), up 7.5% from ₹3,831 crore in FY25. It was ₹3,816 crore in FY24 and ₹3,444 crore in FY23: up 19.6% over three years, 6.1% a year on average.

What will ZF Commercial Vehicle Control Systems India's Q2 FY27 results be compared with?

With the same quarter a year earlier, Q2 FY26 (July–September 2025), when consolidated net profit was ₹108 crore and revenue from operations ₹913 crore. The latest quarter, Q1 FY27, had a net profit of ₹104 crore and revenue of ₹1,066 crore.

What were ZF Commercial Vehicle Control Systems India's Q1 FY27 results?

Consolidated net profit was ₹104 crore, down 14.6% from ₹122 crore in Q1 FY26 and down 28.6% from ₹146 crore in Q4 FY26. Revenue from operations was ₹1,066 crore, up 9.3% year on year and down 7.7% from the previous quarter.

How has ZF Commercial Vehicle Control Systems India's profit changed over the last four quarters?

Net profit by quarter: ₹108 crore in Q2 FY26, ₹140 crore in Q3 FY26, ₹146 crore in Q4 FY26 and ₹104 crore in Q1 FY27. That is ₹499 crore over the four quarters, up 3.2% from ₹484 crore in the four quarters before. Revenue from operations: ₹913 crore, ₹1,075 crore, ₹1,155 crore and ₹1,066 crore.

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

From ZF Commercial Vehicle Control Systems India's own consolidated results filings to NSE, in ₹ crore as filed; the date from its board-meeting notices.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.