ZF Commercial
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ZF Commercial

14,631.00
+509.00
(3.60%)
Market Cap
₹27,751.47 Cr
PE Ratio
55.49
Volume
14,102.00
Day High - Low
₹14,695.00 - ₹14,043.00
52W High-Low
₹15,297.00 - ₹9,561.00
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Key Fundamentals
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Market Cap
27,751.47 Cr
EPS
242.90
PB Ratio
7.85
Book Value
1,799.27
EBITDA
739.30
Dividend Yield
0.13 %
Industry
Automobiles
ROE Growth %
-
Debt to Equity
0.00
Analyst Rating and Forecast
- By Refinitiv from4 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+100.00 %
+100.00 %
Hold
Hold0.0 %
0.0 %
Sell
Sell0.0 %
0.0 %
Forecast For
Actual

Company News

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Caret
positive
ZF Commercial Vehicle Control Systems India won an Advanced Driver Assistance Systems (ADAS) business nomination from an Indian electric mobility commercial vehicle manufacturer, developing 16 advanced features for various electric vehicle platforms. The company's ADAS solution has undergone extensive testing covering over 300,000 kilometers on Indian roads, demonstrating readiness for deployment in the domestic electric commercial vehicle market.
neutral
ZF Commercial Vehicle Control Systems India Sees Rs. 116.57 Crore Block Trade on NSENov 26, 2025
ZF Commercial Vehicle Control Systems India Ltd. witnessed a significant block trade worth Rs. 116.57 crores on the NSE, involving approximately 90,039 shares at Rs. 12,947.00 per share. The large-scale transaction indicates substantial institutional or bulk investor activity in the commercial vehicle components company's stock.
neutral
ZF Commercial Vehicle Control Systems India Limited has initiated a postal ballot process to appoint Mr. Ivan Brajdic as Non-Executive Non-Independent Director, with e-voting scheduled from November 19 to December 18, 2025. The appointment requires shareholder approval as Mr. Brajdic, who has 25 years of high-tech products and R&D experience and currently serves as Senior Vice President-Research Development in ZF Group-CVS Division, was initially appointed as Additional Director effective November 5, 2025.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
120.31
#1 1,26,980.50
#1 36.09
#1 1,14,220.30
15.51
#1 4,146
-10.88
66.37
36,400.00
1,07,356.85
40.35
18,901.30
8.32
2,013
3.32
44.27
1,239.40
71,378.38
61.33
16,803.90
#1 19.48
1,021
21.26
42.31
1,414.10
67,606.51
63.21
15,336.60
-3.60
913
#1 23.02
57.17
3,839.10
60,006.54
56.14
6,961.65
-16.63
828
22.38
40.86
2,647.70
51,232.44
49.22
19,835.70
15.71
1,054
0.94
31.67
2,620.70
36,863.51
41.99
11,677.80
13.09
836
11.97
42.61
372.45
31,658.25
39.97
17,350.60
2.91
801
-25.62
44.75
45.97
30,485.75
49.95
9,332.20
11.96
606
8.68
48.12
486.90
30,271.59
50.46
3,681.50
14.73
600
18.73
48.81
Growth Rate
Revenue Growth
0.73 %
Net Income Growth
13.36 %
Cash Flow Change
48.34 %
ROE
-1.65 %
ROCE
-2.81 %
EBITDA Margin (Avg.)
11.00 %

Quarterly Financial Results

Quarterly Financials
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Revenue
504
624
662
791
810
805
902
995
988
1,016
928
979
971
950
979
1,039
1,042
958
Expenses
450
554
594
693
700
685
756
833
826
846
765
813
807
771
785
837
844
779
EBITDA
54
70
68
98
110
120
146
162
163
170
163
166
164
179
194
202
198
179
Operating Profit %
9 %
10 %
9 %
11 %
12 %
14 %
14 %
15 %
15 %
15 %
15 %
15 %
15 %
15 %
18 %
17 %
13 %
15 %
Depreciation
23
25
24
21
23
27
28
27
28
27
26
29
29
31
32
32
33
32
Interest
1
0
0
1
1
2
2
1
1
1
1
1
2
1
1
1
1
1
Profit Before Tax
31
45
43
77
86
90
116
135
134
141
135
136
134
146
161
169
164
146
Tax
10
13
11
20
24
22
30
34
34
36
35
36
34
37
35
42
42
38
Net Profit
21
32
32
57
62
69
85
101
100
106
101
100
99
109
126
127
122
108
EPS in ₹
11.27
17.00
16.78
29.84
32.90
36.19
45.04
53.36
52.58
55.72
53.16
52.83
52.42
57.53
66.15
66.81
64.52
57.08

Balance Sheet

Balance Sheet
2022
2023
2024
2025
Total Assets
2,637
3,022
3,382
3,785
Fixed Assets
536
587
673
737
Current Assets
1,956
2,239
2,475
2,842
Capital Work in Progress
20
77
84
69
Investments
398
100
25
30
Other Assets
1,683
2,258
2,600
2,950
Total Liabilities
2,637
3,022
3,382
3,785
Current Liabilities
499
536
510
490
Non Current Liabilities
24
78
81
81
Total Equity
2,114
2,409
2,790
3,215
Reserve & Surplus
2,105
2,400
2,781
3,205
Share Capital
10
10
10
10

Cash Flow

Cash Flow
2022
2023
2024
2025
Net Cash Flow
-68
-3
28
15
Investing Activities
-177
-270
-131
-227
Operating Activities
138
299
193
286
Financing Activities
-29
-31
-34
-44

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Promoter
80.43 %
77.01 %
75.00 %
75.00 %
75.00 %
75.00 %
75.00 %
75.00 %
75.00 %
75.00 %
75.00 %
75.00 %
75.00 %
67.49 %
67.49 %
63.16 %
63.16 %
60.00 %
60.00 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
1.79 %
0.00 %
2.24 %
3.74 %
4.13 %
5.10 %
5.57 %
5.73 %
5.79 %
DIIs
11.22 %
14.05 %
15.82 %
15.75 %
15.85 %
15.91 %
15.74 %
16.12 %
16.04 %
16.13 %
15.90 %
15.76 %
15.77 %
21.19 %
21.03 %
23.85 %
23.33 %
26.36 %
26.25 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
5.82 %
6.23 %
6.31 %
6.49 %
6.33 %
6.38 %
6.51 %
6.23 %
6.23 %
6.19 %
5.95 %
5.86 %
5.63 %
5.99 %
5.68 %
5.97 %
6.06 %
5.95 %
6.00 %
Others
2.53 %
2.72 %
2.86 %
2.77 %
2.83 %
2.70 %
2.74 %
2.66 %
2.72 %
2.67 %
1.36 %
3.38 %
1.35 %
1.59 %
1.67 %
1.92 %
1.88 %
1.96 %
1.95 %
No of Share Holders
0
22,843
23,577
22,700
22,499
22,114
22,392
27,560
25,387
24,395
24,375
25,289
24,094
29,457
28,862
34,269
33,904
33,640
32,238

Dividend History

Annual Cash Flows 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Dividend Per Share (₹) 0.00 7 8 9 10 11 12 13 17 19
Dividend Yield (%) 0.00 0.09 0.12 0.15 0.15 0.14 0.12 0.09 0.13 0.13

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
17 Sept 2021 DIVIDEND Dividend
₹ 11.00 /share
16 Sept 2021 6,732.50 7,322.70
08 Jul 2022 DIVIDEND Dividend
₹ 12.00 /share
07 Jul 2022 7,700.45 7,919.35
07 Jul 2023 DIVIDEND Dividend
₹ 13.00 /share
07 Jul 2023 10,496.00 12,144.35
15 Jul 2024 DIVIDEND Dividend
₹ 17.00 /share
15 Jul 2024 13,264.00 15,888.70
22 Jul 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
22 Jul 2024 13,264.00 15,171.50
08 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
08 Nov 2024 13,954.10 14,966.50
06 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
06 Feb 2025 10,696.35 10,788.25
15 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
15 May 2025 12,528.95 13,243.00
08 Aug 2025 DIVIDEND Dividend
₹ 19.00 /share
08 Aug 2025 13,243.00 13,372.15
12 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
12 Aug 2025 13,275.00 13,792.35
20 Aug 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
20 Aug 2025 13,243.00 14,449.00
04 Nov 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
04 Nov 2025 13,076.55 12,648.80

Announcements

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation2 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome6 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation10 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation10 days ago
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseDec 03, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeNov 21, 2025
Shareholder Meeting / Postal Ballot-Notice of Postal BallotNov 18, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 17, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptNov 12, 2025
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderNov 07, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeNov 06, 2025
Clarification LetterNov 05, 2025
Reconstitution Of Committees Of The Board.Nov 04, 2025
Announcement under Regulation 30 (LODR)-Change in DirectorateNov 04, 2025
Financial Results For Q2Nov 04, 2025
Board Meeting Outcome for Outcome Of Board MeetingNov 04, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 31, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementOct 31, 2025
Board Meeting Intimation for Board Meeting To Consider Unaudited Financial Results (Standalone & Consolidated) For The Quarter And Half-Year Ended 30Th September 2025 Oct 22, 2025
Re-Lodgment Of Transfer Requests Of Physical SharesOct 09, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 06, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeSep 26, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 23, 2025
Closure of Trading WindowSep 22, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeSep 03, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 29, 2025
Re-Lodgment Of Transfer Requests Of Physical SharesAug 25, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 25, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportAug 22, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 20, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMAug 20, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 20, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 14, 2025
Financial Results For The Q1 FY 2025-26Aug 12, 2025
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderAug 01, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 31, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementJul 31, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 30, 2025
Business Responsibility and Sustainability Reporting (BRSR)Jul 29, 2025
Notice Convening The 21St Annual General Meeting Jul 29, 2025
Reg. 34 (1) Annual Report.Jul 29, 2025
Board Meeting Intimation for Intimation Of Board MeetingJul 18, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 07, 2025
Authorization Under Regulation 30(5) Of SEBI (LODR) Regulations 2015 - Determining Materiality Of An Event / Information And Making Disclosures To Stock Exchange(S)Jul 01, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJul 01, 2025
Joining Of Managing DirectorJul 01, 2025
Announcement under Regulation 30 (LODR)-CessationJun 30, 2025
Closure of Trading WindowJun 24, 2025
Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotJun 24, 2025
Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportJun 24, 2025

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
SBI Focused Fund Direct Plan-Growth
1.33%
-162917
-0.47%
-0.70%
ICICI Prudential Multi Asset Fund Direct-Growth
0.20%
111030
0.20%
0.20%
Nippon India Growth Mid Cap Fund Direct- Growth
1.01%
100550
0.34%
0.28%
ICICI Prudential Transportation and Logistics Fund Direct - Growth
2.07%
44808
1.93%
2.07%
SBI Equity Savings Fund Direct-Growth
0.00%
-38858
-0.81%
-0.81%
ICICI Prudential Large & Mid Cap Fund Direct Plan-Growth
0.15%
29629
0.15%
0.15%
Baroda BNP Paribas Large & Mid Cap Fund Direct - Growth
0.00%
-13000
-0.95%
-1.20%
UTI Small Cap Fund Direct - Growth
0.29%
10625
0.29%
0.29%
Franklin India Multi Asset Allocation Fund Direct-Growth
1.01%
10015
0.58%
0.66%
UTI Infrastructure Fund Direct-Growth
0.52%
8308
0.50%
0.50%
Baroda BNP Paribas Small Cap Fund Direct - Growth
0.00%
-6672
-0.65%
-1.09%
Invesco India Manufacturing Fund Direct-Growth
0.00%
-5285
-0.87%
-0.88%
Baroda BNP Paribas Flexi Cap Fund Direct - Growth
0.00%
-4873
-0.47%
-1.10%
ICICI Prudential Retirement Fund - Hybrid Aggressive Plan Direct - Growth
0.49%
3825
0.49%
0.49%
ICICI Prudential MNC Fund Direct - Growth
3.33%
2673
0.35%
0.33%
ITI Small Cap Fund Direct-Growth
1.59%
2392
0.21%
0.06%
Baroda BNP Paribas Manufacturing Fund Direct - Growth
1.71%
-1971
-0.01%
-0.04%
Union Large & Midcap Fund Direct - Growth
0.97%
-1800
-0.19%
-0.06%
LIC MF Small Cap Fund Direct - Growth
1.24%
827
0.28%
0.22%
Motilal Oswal Focused Fund Direct-Growth
2.63%
591
0.22%
-1.13%
Bajaj Finserv Large and Mid Cap Fund Direct-Growth
1.06%
543
0.06%
-0.04%
ITI Mid Cap Fund Direct - Growth
1.17%
500
0.10%
0.00%
ITI Multi Cap Fund Direct - Growth
1.32%
311
0.09%
-0.02%
Bajaj Finserv Small Cap Fund Direct-Growth
0.96%
290
0.07%
-0.05%
Nippon India Nifty Smallcap 250 Index Fund Direct - Growth
0.50%
196
0.04%
0.01%

Technical Indicators

RSI(14)
Neutral
57.09
ATR(14)
Less Volatile
471.88
STOCH(9,6)
Neutral
57.46
STOCH RSI(14)
Neutral
39.92
MACD(12,26)
Bullish
26.36
ADX(14)
Strong Trend
38.97
UO(9)
Bearish
43.95
ROC(12)
Uptrend And Accelerating
9.53
WillR(14)
Neutral
-45.44

About ZF Commercial

ZF Commercial Vehicle Control Systems India Limited is a subsidiary of ZF Friedrichshafen AG, specializing in the design, manufacture, and marketing of braking products and systems for commercial vehicles. The company operates five manufacturing facilities in India, along with an advanced technology development center and a vehicle testing facility. It primarily produces air brake actuation systems and also provides software development services. The company has introduced new products including electric compressors for EVs and expanded its manufacturing capacities for various components. It has a wholly owned subsidiary, ZF CV Control Systems Manufacturing India Private Limited, established in 2022.
Chairperson NameAkash Passey