Market closed · data as of 27 Aug 2026 · source NSE via Alphave. Open the live chart →
Indian arm of ZF's commercial vehicle control systems business (formerly WABCO India), manufacturing braking and control systems for trucks and buses — air brake actuation, compressors, ABS/EBS electronic braking, and advanced driver assistance components. Supplies Indian CV OEMs (Tata Motors, Ashok Leyland and others), the aftermarket, and exports within the ZF global network. Revenue is driven by Indian M&HCV production volumes and rising regulatory content (ABS/ADAS mandates).
The market leader in braking control systems for Indian medium and heavy commercial vehicles.
ZF Commercial Vehicle Control Systems India Ltd. is a constituent of NIFTY 500, NIFTY SMALLCAP 250. See where it sits on the market heatmap →
Consolidated annual figures taken from ZF Commercial Vehicle Control Systems India Ltd.'s own filed statements — not estimates, and not restated by us. The most recent period shown is FY26 (year ended 31 Mar 2026).
| Metric | FY26 | FY25 | FY24 |
|---|---|---|---|
| EPS (basic, ₹) | 272.65 | 242.90 | 214.28 |
| Book value / share (₹) | 1,945.73 | 1,694.75 | 1,471.10 |
| Return on equity | 14.0% | 14.3% | 14.6% |
| Return on capital employed | 13.9% | 15.4% | 15.9% |
| Operating margin | 12.7% | 13.2% | 12.0% |
| Net margin | 12.6% | 12.0% | 10.7% |
| EBITDA | ₹655 Cr | ₹631 Cr | ₹566 Cr |
| Free cash flow | ₹664 Cr | ₹119 Cr | ₹-2 Cr |
| Total debt | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Debt to equity | 0.00 | 0.00 | 0.00 |
| Interest coverage | 98.0 | 88.8 | 91.2 |
| Current ratio | 5.30 | 5.80 | 4.85 |
| Shares outstanding | 1,89,67,600 | 1,89,67,600 | 1,89,67,600 |
Open the full income statement, balance sheet and cash flow for ZFCVINDIA →
As disclosed for the quarter ended 30 Jun 2026.
Institutional ownership changes quarter to quarter. See daily FII and DII flows across the market →
Companies Alphave classifies in the same sub-sector, closest by market capitalisation.