NSE ZFCVINDIA · BSE 533023 · Auto & Truck Parts · NIFTY 500
ZF Commercial Vehicle Control Systems India Ltd Share Price
ZF Commercial Vehicle Control Systems India Ltd Overview
Where the price stands, how it has moved and how it sits against its averages.
ZF Commercial Vehicle Control Systems India Ltd shares last traded at ₹2,332.80 on the NSE, down 0.91% on the day. That is 23.3% below the 52-week high of ₹3,041.70 and 13.6% above the 52-week low of ₹2,053.35. The stock trades at 53.29× earnings. Its market value is ₹26,603 Cr.
Price returns
Share price growth a year (CAGR): 3 years ▼ −3.3% · 5 years ▲ +14.6% · 10 years ▲ +8.4%
Shading grows with the size of the move. We ask our data provider for a newer price every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next check from Mon 12 Oct, 9:15 AM. Its quotes are not real-time — the time at the top shows how current the price is.
Moving averages — price is above 0 of 6
- 50-day average₹2,500.37 ▼ price 6.7% below
- 100-day average₹2,474.99 ▼ price 5.7% below
- 20-day average₹2,472.09 ▼ price 5.6% below
- 300-day average₹2,453.91 ▼ price 4.9% below
- 10-day average₹2,413.51 ▼ price 3.3% below
- 5-day average₹2,356.34 ▼ price 1.0% below
- Today's price₹2,332.80
Each average is the mean closing price over that many trading days; averages above the current price sit higher on the ladder.
ZF Commercial Vehicle Control Systems India Ltd Financial Results
Revenue and net profit in ₹ crore, with the full statements underneath.
Year by year
| Fiscal year | Revenue | Growth | Net profit | Net margin | EPS | Dividend |
|---|---|---|---|---|---|---|
| FY 2026 | ₹4,119 Cr | ▲ +7.5% | ₹517 Cr | 12.6% | ₹45.44 | ₹4.00 |
| FY 2025 | ₹3,831 Cr | ▲ +0.4% | ₹461 Cr | 12.0% | ₹40.48 | ₹3.17 |
| FY 2024 | ₹3,816 Cr | ▲ +10.8% | ₹406 Cr | 10.7% | ₹35.71 | ₹2.83 |
| FY 2023 | ₹3,444 Cr | ▲ +35.4% | ₹318 Cr | 9.2% | ₹27.91 | ₹2.17 |
| FY 2022 | ₹2,543 Cr | ▲ +36.5% | ₹142 Cr | 5.6% | ₹12.48 | ₹2.00 |
| FY 2021 | ₹1,864 Cr | — | ₹104 Cr | 5.6% | ₹9.12 | ₹1.83 |
Quarter by quarter
| Quarter | Revenue | vs prev. qtr | Net profit | Net margin | EPS |
|---|---|---|---|---|---|
| Q1 FY27 | ₹1,066 Cr | ▼ −7.7% | ₹104 Cr | 9.8% | ₹9.18 |
| Q4 FY26 | ₹1,155 Cr | ▲ +7.5% | ₹146 Cr | 12.7% | ₹12.86 |
| Q3 FY26 | ₹1,075 Cr | ▲ +17.7% | ₹140 Cr | 13.0% | ₹12.32 |
| Q2 FY26 | ₹913 Cr | ▼ −6.4% | ₹108 Cr | 11.9% | ₹9.51 |
| Q1 FY26 | ₹976 Cr | — | ₹122 Cr | 12.5% | ₹10.75 |
Balance sheet — FY26
- Total assets₹4,426 Cr
- Total liabilities₹735 Cr
- Shareholders' equity₹3,691 Cr
- Total debt₹55 Cr
- Cash & investments₹2,230 Cr
Cash flow — FY26
Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.
Full financial statements, FY21–FY26
| ₹ crore | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Total revenue | 1,863.50 | 2,543.35 | 3,444.25 | 3,815.65 | 3,830.96 | 4,118.94 |
| Cost of revenue | 1,223.82 | 1,767.51 | 2,362.78 | 2,521.26 | 2,389.02 | 2,547.83 |
| Gross profit | 639.68 | 775.85 | 1,081.47 | 1,294.39 | 1,441.94 | 1,571.11 |
| Operating expenses | 1,747.90 | 2,383.24 | 3,078.67 | 3,358.75 | 3,323.34 | 3,591.40 |
| Operating income | 115.60 | 160.12 | 365.58 | 456.90 | 507.62 | 527.55 |
| Depreciation | 90.40 | 92.43 | 104.78 | 109.78 | 124.07 | 131.40 |
| Profit before tax | 152.27 | 195.74 | 426.90 | 546.43 | 609.32 | 693.12 |
| Tax | 48.46 | 53.67 | 109.22 | 139.98 | 148.59 | 175.97 |
| Net profit | 103.80 | 142.07 | 317.67 | 406.45 | 460.73 | 517.15 |
| EPS (₹) | 9.12 | 12.48 | 27.91 | 35.71 | 40.48 | 45.44 |
| Dividend per share (₹) | 1.83 | 2.00 | 2.17 | 2.83 | 3.17 | 4.00 |
| ₹ crore | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Total assets | 2,496.31 | 2,636.68 | 3,022.38 | 3,381.63 | 3,785.19 | 4,425.50 |
| Current assets | 1,897.99 | 1,955.68 | 2,238.86 | 2,474.77 | 2,841.66 | 3,492.80 |
| Cash & short-term investments | 1,096.76 | 1,061.94 | 1,265.36 | 1,319.83 | 1,495.84 | 2,229.78 |
| Inventory | 113.72 | 144.77 | 156.96 | 175.34 | 190.57 | 281.50 |
| Property, plant & equipment | 478.69 | 546.44 | 652.26 | 743.22 | 791.05 | 781.22 |
| Total liabilities | 499.91 | 522.60 | 613.26 | 591.31 | 570.65 | 734.92 |
| Current liabilities | 483.83 | 498.46 | 535.76 | 510.00 | 490.03 | 658.89 |
| Total debt | 9.57 | 3.89 | 65.35 | 68.44 | 66.08 | 54.82 |
| Total equity | 1,996.40 | 2,114.08 | 2,409.12 | 2,790.32 | 3,214.54 | 3,690.58 |
| ₹ crore | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| From operations | 138.42 | 138.26 | 298.46 | 192.86 | 286.08 | 810.16 |
| From investing | −23.80 | −177.35 | −271.04 | −130.92 | −227.74 | −707.43 |
| From financing | −18.57 | −28.45 | −31.07 | −34.12 | −44.11 | −52.09 |
| Capital expenditure | −70.07 | −176.31 | −127.82 | −198.32 | −166.35 | −145.93 |
| Dividends paid | 0.00 | −20.86 | −22.76 | −24.66 | −32.24 | −36.04 |
| Net change in cash | 96.05 | −67.54 | −2.76 | 27.98 | 15.14 | 62.13 |
ZF Commercial Vehicle Control Systems India Ltd vs Peers
Side by side with other auto & truck parts companies. The small bars compare each column.
| Company | Price | Change | Market cap | P/E | P/B | ROE (5 yr) | Net margin | Div. yield |
|---|---|---|---|---|---|---|---|---|
| ZF Commercial Vehicle Control Systems India Ltd This stock | ₹2,332.80 | ▼ −0.91% | ₹26,603 Cr | 53.29 | 7.19 | — | — | 0.17% |
| Samvardhana Motherson International | ₹163.00 | ▼ −1.57% | ₹1,72,031 Cr | 40.04 | 4.23 | 0.00% | 0.00% | 0.00% |
| Bosch | ₹47,199.95 | ▼ −1.87% | ₹1,39,221 Cr | 60.72 | 9.61 | 0.00% | 0.00% | 0.00% |
| Cummins India | ₹4,840.00 | ▼ −2.34% | ₹1,34,165 Cr | 57.97 | 16.58 | 0.00% | 0.00% | 0.00% |
| UNO Minda | ₹1,177.00 | ▼ −3.37% | ₹67,968 Cr | 57.04 | 10.16 | 0.00% | 0.00% | 0.00% |
| Sona Blw Precision Forgings | ₹806.25 | ▼ −2.27% | ₹50,320 Cr | 72.22 | 8.19 | 0.00% | 0.00% | 0.00% |
Peer prices and ratios as last reported by the data provider. Company names link to their own pages.
ZF Commercial Vehicle Control Systems India Ltd Key Metrics
Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.
Valuation The price against earnings, book value and sales
Returns & efficiency How well does it use its money?
Growth Is the business getting bigger?
Financial strength Can it pay its bills and debts?
Per share What each share stands for
The share price is 7.19× the book value behind each share.
Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.
Dividends & Corporate Events
Payouts to shareholders, splits and bonus issues, and company meetings — newest first.
- Dividend yield0.17%
- Payout ratio8.80%
- Latest dividend₹4.00 per share · 10 Jul 2026
Corporate calendar
- MeetingAnnual General Meeting
- MeetingAnnual General Meeting
- BoardQuarterly Results
- Dividend₹4.00 per share · 80% · Final dividend
- BonusBonus issue of equity shares in the ratio of 5:1 of Rs. 5/-.
- MeetingPostal Ballot
- Boardudited Results, Dividend & Bonus issue
- MeetingPostal Ballot
Show 13 older events
- BoardQuarterly Results
- MeetingPostal Ballot
- BoardQuarterly Results
- MeetingAnnual General Meeting
- BoardQuarterly Results
- Dividend₹19.00 per share · 380% · Final dividend
- BoardAudited Results & Final Dividend
- BoardQuarterly Results
- BoardQuarterly Results
- Dividend₹17.00 per share · 340% · Final dividend
- Dividend₹13.00 per share · 260% · Final dividend
- Dividend₹12.00 per share · 240% · Final dividend
- Dividend₹11.00 per share · 220% · Final dividend
About ZF Commercial Vehicle Control Systems India Ltd
Auto & Truck Parts
ZF Commercial Vehicle Control Systems India Limited is an India-based company, which is primarily engaged in the manufacturing of air brake actuation systems for commercial vehicles. The Company is also engaged in the rendering of software development and other services. The Company offers advanced braking systems, conventional braking products and related air-assisted technology and systems. It provides industry solutions in the autonomous, connected, and electric (ACE) domains to the commercial vehicle industry in India. It primarily operates in the automotive segment. The automotive segment includes all activities related to the development, design, and manufacture of products. The Company’s wholly owned subsidiary is ZF CV Control Systems Manufacturing India Private Limited, which is engaged in manufacturing and trading in auto ancillary parts for domestic and export markets. The Company has approximately six manufacturing facilities and an advanced technology development center.
Key people
- Rakesh MishraChief Financial Officer
- Chathapuram Venkatasubramanian KavviyaCompany Secretary and Compliance Officer
- Paramjit Singh ChadhaManaging Director, Executive Director
Company facts
- NSE symbolZFCVINDIA
- BSE code533023
- ISININE342J01019
- IndustryAuto & Truck Parts
- IndexNIFTY 500
- Market cap₹26,603 Cr
- Revenue (FY26)₹4,119 Cr
- Net profit (FY26)₹517 Cr
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