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ZF Comm Vehic Contr Overview

ZF Commercial Vehicle Control Systems India Ltd designs, develops, manufactures, and sells air brake actuation structures for industrial motors in India and internationally. The organization offers truck solutions, consisting of advanced driving force assistance structures, air disc brakes, brake actuation, brake control solutions, vehicle electronic systems, air processing and compressor solutions, air suspension solutions, shrewd transmission automation structures, and clutch control components; and trailer solutions, which include trailer br...Read More

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ZF Comm Vehic Contr Key Financials

Market Cap ₹25804 Cr.

Stock P/E 56

P/B 7.3

Current Price ₹13604

Book Value ₹ 1872.5

Face Value 5

52W High ₹16592.9

Dividend Yield 0.14%

52W Low ₹ 11552.1

ZF Comm Vehic Contr Share Price

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Volume
Price

ZF Comm Vehic Contr Quarterly Price

Show Value Show %

ZF Comm Vehic Contr Peer Comparison

ZF Comm Vehic Contr Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 992 899 959 946 911 962 1012 976 913 1075
Other Income 24 29 20 25 39 17 27 67 45 30
Total Income 1016 928 979 971 950 979 1039 1042 958 1105
Total Expenditure 846 765 813 807 771 785 837 844 779 876
Operating Profit 170 163 166 164 179 194 202 198 179 229
Interest 1 1 1 2 1 1 1 1 1 2
Depreciation 27 26 29 29 31 32 32 33 32 33
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 -8
Profit Before Tax 141 135 136 134 146 161 169 164 146 187
Provision for Tax 36 35 36 34 37 35 42 42 38 46
Profit After Tax 106 101 100 99 109 125 127 122 108 140
Adjustments 0 0 0 0 0 0 0 0 0 -0
Profit After Adjustments 106 101 100 99 109 125 127 122 108 140
Adjusted Earnings Per Share 55.7 53.2 52.8 52.4 57.5 66.1 66.8 64.5 57.1 73.9

ZF Comm Vehic Contr Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 2543 3444 3816 3831 3976
Other Income 38 67 95 108 169
Total Income 2581 3511 3910 3939 4144
Total Expenditure 2291 2974 3249 3200 3336
Operating Profit 290 537 661 739 808
Interest 2 6 5 6 5
Depreciation 92 105 110 124 130
Exceptional Income / Expenses 0 0 0 0 -8
Profit Before Tax 196 427 546 609 666
Provision for Tax 54 109 140 149 168
Profit After Tax 142 318 406 461 497
Adjustments 0 0 0 0 0
Profit After Adjustments 142 318 406 461 497
Adjusted Earnings Per Share 74.9 167.5 214.3 242.9 262.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% 15% 0% 0%
Operating Profit CAGR 12% 37% 0% 0%
PAT CAGR 14% 48% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 15% 10% 17% 10%
ROE Average 15% 15% 13% 13%
ROCE Average 20% 20% 18% 18%

ZF Comm Vehic Contr Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 2114 2409 2790 3215
Minority's Interest 0 0 0 0
Borrowings 0 0 0 0
Other Non-Current Liabilities 6 55 52 56
Total Current Liabilities 498 536 510 490
Total Liabilities 2618 3000 3353 3760
Fixed Assets 536 587 670 733
Other Non-Current Assets 127 175 207 185
Total Current Assets 1956 2239 2475 2842
Total Assets 2618 3000 3353 3760

ZF Comm Vehic Contr Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 157 89 86 114
Cash Flow from Operating Activities 138 298 193 286
Cash Flow from Investing Activities -177 -271 -131 -228
Cash Flow from Financing Activities -28 -31 -34 -44
Net Cash Inflow / Outflow -68 -4 28 14
Closing Cash & Cash Equivalent 89 86 114 130

ZF Comm Vehic Contr Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 74.9 167.48 214.28 242.9
CEPS(Rs) 123.64 222.72 272.17 308.41
DPS(Rs) 12 13 17 19
Book NAV/Share(Rs) 1114.57 1270.12 1471.1 1694.75
Core EBITDA Margin(%) 9.79 13.46 14.77 16.23
EBIT Margin(%) 7.66 12.38 14.38 15.81
Pre Tax Margin(%) 7.58 12.21 14.25 15.67
PAT Margin (%) 5.51 9.09 10.6 11.85
Cash Profit Margin (%) 9.09 12.09 13.47 15.04
ROA(%) 5.43 11.31 12.8 12.95
ROE(%) 6.72 14.05 15.63 15.35
ROCE(%) 9.35 19.13 21.21 20.48
Receivable days 94.25 74.35 80.63 96.49
Inventory Days 20.48 15.75 15.82 17.17
Payable days 76.9 58.67 57.77 60.28
PER(x) 101.62 61.97 70.65 53.49
Price/Book(x) 6.83 8.17 10.29 7.67
Dividend Yield(%) 0.16 0.13 0.11 0.15
EV/Net Sales(x) 5.41 5.38 7.19 6.05
EV/Core EBITDA(x) 47.46 34.46 41.46 31.35
Net Sales Growth(%) 0 35.42 10.78 0.4
EBIT Growth(%) 0 118.86 27.48 11.53
PAT Growth(%) 0 123.6 27.95 13.36
EPS Growth(%) 0 123.6 27.95 13.36
Debt/Equity(x) 0 0 0 0
Current Ratio(x) 3.92 4.18 4.85 5.8
Quick Ratio(x) 3.63 3.89 4.51 5.41
Interest Cover(x) 103.93 76.35 110.09 107.81
Total Debt/Mcap(x) 0 0 0 0

ZF Comm Vehic Contr Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 75 75 75 67.49 67.49 63.16 63.16 60 60 60
FII 1.79 2.01 2.24 3.74 4.13 5.1 5.57 5.73 5.79 5.37
DII 15.9 15.78 15.77 21.19 21.03 23.85 23.33 26.36 26.25 26.69
Public 7.31 7.2 6.99 7.58 7.35 7.88 7.94 7.91 7.95 7.95
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

ZF Comm Vehic Contr News

ZF Comm Vehic Contr Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Debtor days have increased from 57.77 to 60.28days.
  • Stock is trading at 7.3 times its book value.
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