ZF Commercial
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ZF Commercial

13,557.00
-280.00
(-2.02%)
Market Cap
25,714.35 Cr
PE Ratio
54.31
Volume
2,673.00
Day High - Low
13,957.00 - 13,500.00
52W High-Low
15,848.00 - 9,561.00
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Key Fundamentals
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Market Cap
25,714.35 Cr
EPS
242.90
PE Ratio
54.31
PB Ratio
7.69
Book Value
1,799.27
EBITDA
739.30
Dividend Yield
0.14 %
Industry
Automobiles
Return on Equity
14.33
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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neutral
ZF Commercial Vehicle Control Systems India Limited has scheduled its board meeting for February 10, 2026, to consider Q3 FY26 unaudited financial results for the quarter ended December 31, 2025.
neutral
ZF Commercial Vehicle Control Systems India confirms that ZF Group's ADAS business sale to Harman International affects only passenger car operations, not commercial vehicle ADAS activities.
neutral
ZF Commercial Vehicle Control Systems clarifies that Harman International sale affects only passenger car ADAS division, with commercial vehicle operations remaining unchanged and customer support continuing.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
108.40
#1 1,14,410.16
#1 33.10
#1 1,14,220.30
15.51
#1 4,146
-10.88
33.97
35,265.00
1,04,009.32
39.28
18,901.30
8.32
2,013
3.32
37.77
1,408.80
67,353.13
63.47
15,336.60
-3.60
913
#1 23.02
44.83
1,134.10
65,453.82
57.66
16,803.90
#1 19.48
1,021
21.26
33.64
3,616.40
56,525.66
52.41
8,350.70
13.22
939
22.38
35.79
2,219.40
42,947.35
42.52
19,835.70
15.71
1,054
0.94
22.15
2,357.00
33,154.23
38.26
11,677.80
13.09
836
11.97
27.39
42.98
28,502.88
47.77
9,332.20
11.96
606
8.68
35.64
456.10
28,356.69
48.06
3,681.50
14.73
600
18.73
42.80
325.20
27,642.00
35.76
17,350.60
2.91
801
-25.62
27.79
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
Dec 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 %
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 %
5.37 %
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 %
26.68 %
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 %
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 %
5.94 %
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 %
2.00 %
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
32,410

Dividend History

Annual Cash Flows 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Dividend Per Share (₹) 7 8 9 10 11 12 13 17 19 0.00
Dividend Yield (%) 0.09 0.12 0.15 0.15 0.14 0.12 0.09 0.13 0.14 0.00

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
10 Feb 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
10 Feb 2026 14,025.15 13,540.55
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)-Award_of_Order_Receipt_of_Order2 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation3 days ago
Board Meeting Intimation for Board Meeting To Consider Unaudited Financial Results (Standalone & Consolidated) For The Quarter Ended 31St December 20254 days ago
Clarification W.R.T. Sale Of ZF Groups ADAS Business To Harman International IncJan 14, 2026
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 06, 2026
Closure of Trading WindowDec 22, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementDec 22, 2025
Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotDec 19, 2025
Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportDec 19, 2025
Re-Lodgment Of Transfer Requests Of Physical SharesDec 19, 2025
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderDec 19, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeDec 18, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationDec 12, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeDec 09, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationDec 05, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationDec 05, 2025
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

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
ICICI Prudential Innovation Fund Direct - Growth
1.24%
62573
1.24%
1.24%
HSBC Small Cap Fund Direct-Growth
0.70%
42827
0.44%
0.46%
ICICI Prudential Large & Mid Cap Fund Direct Plan-Growth
0.00%
-29629
-0.15%
0.00%
ICICI Prudential Multi Asset Fund Direct-Growth
0.17%
-23951
-0.03%
0.17%
Bank of India Small Cap Fund Direct-Growth
1.69%
22000
1.69%
1.69%
HDFC ELSS Tax Saver Fund Direct Plan-Growth
0.00%
-17000
-0.13%
-0.12%
Canara Robeco Large and Mid Cap Fund Direct-Growth
0.64%
-15000
0.01%
0.05%
Kotak Balanced Advantage Fund Direct - Growth
0.05%
-14209
-0.10%
-0.09%
Mahindra Manulife Small Cap Fund Direct - Growth
2.00%
14007
0.67%
0.77%
UTI Multi Cap Fund Direct-Growth
0.00%
-12712
-0.94%
-0.92%
Bank of India ELSS Tax Saver Direct-Growth
1.05%
9900
1.05%
1.05%
ICICI Prudential Transportation and Logistics Fund Direct - Growth
2.79%
9714
0.72%
2.66%
Helios Mid Cap Fund Direct-Growth
0.94%
7322
0.94%
0.94%
Invesco India Infrastructure Fund Direct-Growth
4.28%
-7212
-0.07%
0.38%
Canara Robeco Multi Cap Fund Direct - Growth
0.24%
-7000
-0.16%
-0.15%
Bandhan Innovation Fund Direct-Growth
1.30%
6528
0.57%
0.60%
Union Balanced Advantage Fund Direct - Growth
0.72%
6500
0.72%
0.72%
Union ELSS Tax Saver Fund Direct-Growth
0.91%
5500
0.91%
0.91%
Motilal Oswal Focused Fund Direct-Growth
2.49%
-5004
-0.14%
0.08%
Union Multi Asset Allocation Fund Direct-Growth
0.71%
4000
0.71%
0.71%
ITI Small Cap Fund Direct-Growth
2.02%
3988
0.43%
0.64%
Franklin India Balanced Advantage Fund Direct - Growth
0.57%
-3000
-0.08%
-0.04%
Franklin India Aggressive Hybrid Fund Direct-Growth
0.94%
-3000
-0.06%
-0.01%
Bajaj Finserv Large and Mid Cap Fund Direct-Growth
1.00%
-2854
-0.06%
0.00%
HSBC India Export Opportunities Fund Direct-Growth
0.76%
-2660
-0.12%
-0.02%

Technical Indicators

RSI(14)
Neutral
35.87
ATR(14)
Volatile
429.63
STOCH(9,6)
Oversold
17.23
STOCH RSI(14)
Oversold
4.22
MACD(12,26)
Bearish
-133.92
ADX(14)
Strong Trend
26.08
UO(9)
Bearish
38.00
ROC(12)
Downtrend And Accelerating
-11.39
WillR(14)
Oversold
-97.40

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...more
Chairperson NameAkash Passey