ZF Commercial Vehicle Control System India Ltd Share Price

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NSE: ZFCVINDIA Small Cap ISIN: INE342J01019

As on 05 December 2025 at 15:18 IST

₹14,729

-136.00

(-0.91%)

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ZF Commercial Vehicle Control Systems India Q1 FY26 Results:

Profit after for the period increased 23% to ₹122 crores in Q1 FY26, from ₹99 crores in Q1 FY25. Total income for the quarter increased 7% year-on-year to ₹1,042 crores from ₹971 crores.

About ZF Commercial Vehicle Control System India Ltd

ZF Commercial Vehicle Control Systems India Ltd. is a leading manufacturer and supplier of advanced braking systems and related air-assisted technologies for commercial vehicles. It was originally known as WABCO India Limited. The company was established in 1962 and has been in business over the decades. The headquarters of the company is located in Chennai, Tamil Nadu. ZF Commercial Vehicle's main products include advanced braking systems, electronic braking systems, electronic stability control, air suspension systems, and air disc brakes. ZF Commercial Vehicle Control Systems India Ltd. falls under the automotive components sector. +

Over 1 Month

15.66%

Over 6 Months

10.09%

Over 1 Year

18.37%

Over 3 Years

58.58%

ZF Commercial Vehicle Control System India Ltd Summary

Close ₹14,865

Open ₹14,587

High ₹14,949

Low ₹14,571

Volume 18,579

Net Turnover (in Cr) ₹27.49

52Wk High ₹15,297

52Wk Low ₹9,561

52Wk High / Low

9,561

15,297

ZF Commercial Vehicle Control System India Ltd Fundamentals

Key Financial Data

Market Cap (in Cr) ₹28,184.04

EPS (TTM) 251.45

Book Value (BV) 1,795.19

Div. Yield 0.13 %

P/E (TTM) 59.03

Price/Book Value 8.27

Delivery % 15.96 %

Face Value 5

Key Ratios

PE Ratio 53.73

PB Ratio 7.68

EV to Sales 6.09

PEG Ratio 4.04

ROA 13.94

ROE 15.29

Debt-Equity -

Net Profit Margin 12.06

Operating Profit Margin 19.33

ZF Commercial Vehicle Control System India Ltd Financials

Consolidated

Standalone

Yearly

Quarterly

Profit and Loss

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022
Total Revenue	3,939.16	3,910.46	3,511.23	2,580.88
Total Expenses	3,329.84	3,364.03	3,084.33	2,385.14
Profit Before Tax	609.32	546.43	426.90	195.74
Profit After Tax	460.73	406.45	317.67	142.07
Operating Profit After Depreciation	615.02	551.44	432.56	197.64

Balance Sheet

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022
Fixed Assets	733.10	670.43	586.78	535.66
Total Non Current Assets	943.53	906.86	783.51	681
Total Current Assets	2,841.66	2,474.77	2,238.86	1,955.68
Total Assets	3,785.19	3,381.63	3,022.38	2,636.68
Total Shareholder's Fund	3,214.54	2,790.32	2,409.12	2,114.08

Cash Flow

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022
Net Cash From Operating Activities	286.08	192.86	298.46	138.26
Net Cash Used In Investing Activities	-226.83	-130.76	-270.15	-177.35
Net Cash Used In Financing Activities	-44.11	-34.12	-31.07	-28.45

Profit and Loss

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Total Revenue	3,913.84	3,879.48	3,511.60	2,580.88	1,902.39
Total Expenses	3,307.04	3,335.06	3,084.71	2,385.14	1,750.12
Profit Before Tax	606.80	544.42	426.89	195.74	152.27
Profit After Tax	458.66	404.78	317.67	142.07	103.80
Operating Profit After Depreciation	612.50	549.43	432.55	197.64	154.26

Balance Sheet

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Fixed Assets	709.33	653.78	585.52	535.66	432.24
Total Non Current Assets	930.26	901.65	783.06	682	598.31
Total Current Assets	2,830.22	2,467.70	2,236.76	1,954.68	1,897.99
Total Assets	3,760.49	3,369.35	3,019.82	2,636.68	2,496.31
Total Shareholder's Fund	3,210.80	2,788.65	2,409.12	2,114.08	1,996.40

Cash Flow

Particulars (in ₹ Cr.)	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Net Cash From Operating Activities	273.65	192.69	298.75	138.08	138.42
Net Cash Used In Investing Activities	-211.23	-135.45	-270.15	-178.17	-23.80
Net Cash Used In Financing Activities	-44.12	-34.12	-31.07	-28.45	-18.57

Particulars (in ₹ Cr.)	2025-09	2025-06	2025-03	2024-12	2024-09
Total Revenue	913.24	975.56	1,011.88	962.41	910.91
Total Expenses	778.86	843.98	836.77	785.34	771
Profit Before Tax	145.87	164.16	168.83	160.51	146.44
Profit After Tax	108.28	122.38	126.72	125.46	109.12
Operating Profit after Depreciation	179.35	198.18	202.23	193.59	179.17

Particulars (in ₹ Cr.)	2025-09	2025-06	2025-03	2024-12	2024-09
Total Revenue	901.80	963.23	1,003.19	955.89	906.70
Total Expenses	769.66	835.30	830.70	780.59	767.22
Profit Before Tax	143.71	161.48	166.97	159.82	146.75
Profit After Tax	106.47	120.17	125.19	124.91	109.34
Operating Profit after Depreciation	176.66	194.98	199.90	192.48	179.13

ZF Commercial Vehicle Control System India Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 14,641

S2 14,417

S3 14,263

Pivot 14,795

R1 15,019

R2 15,173

R3 15,397

Moving Average

20 SMA 13,219.25

50 SMA 13,090.54

100 SMA 13,362.68

200 SMA 12,962.62

ZF Commercial Vehicle Control System India Ltd Corporate Actions

ZF Commercial Vehicle Control System India Ltd

₹19.0/Share

Announcement Date 08 Aug 2025

Record Date 08 Aug 2025

Div Yield 380%

AGM Date: 24 Sep 2021

WABCO India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 17, 2021, inter alia, have recommended a dividend of Rs.11/- per share, for the financial year ended March 31, 2021, absorbing a sum of Rs.2,086.43 lakhs for approval of the shareholders of the Company at the ensuing annual general meeting. Upon approval by the shareholders the payment of the said dividend will be made on August 28, 2021 to the shareholders as on record date. AGM 24/09/2021 (Revised) (As Per BSE Bulletin dated on 28.07.2021) Annual General Meeting Dividend /Annual General Meeting Record Date (As per BSE Announcement Dated on 28/7/2021) Intimation of voting results = Shareholder/AGM WABCO India Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015 (As Per BSE Announcement Dated on 9/27/2021 12:32:27 PM)

AGM Date: 27 Jul 2022

1. Recommendation of Dividend for the year ended March 31, 2022 The Board of Directors of the Company at its meeting held today have recommended a dividend of Rs.12/- per equity share of Re.5/- each for the financial year ended March 31, 2022 to the shareholders for approval. The said dividend, if approved at the forthcoming Annual General Meeting ('AGM'), shall be paid on or before August 25, 2022. 2. Annual General Meeting The 18th annual general meeting of members of the company is scheduled to be held on Wednesday, the July, 27th 2022 at 3.00 p.m. through Video Conferencing/Other Audio Visual means. 3. Closure of Register of Members and Record Date For the purpose of AGM and payment of dividend, the Register of Members will be closed from July 9th 2022 to July 27th, 2022 (both days inclusive) and the Record date is July 8th, 2022. ZF Commercial Vehicle Control Systems India Limited - Fixes date for Book Closure Announcement under Regulation 30(LODR) Newspaper Publication (As Per BSE Announcement Dated on 05/07/2022) ZF Commercial Vehicle Control Systems India Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015 Proceedings of the 18th Annual General Meeting (AGM) of the members of ZF Commercial Vehicle Control Systems India Limited (Formerly known as WABCO INDIA Limited) held on 27th July 2022 which commenced at 15:00 hrs. (IST) and concluded at 16:14 hrs. (IST). Intimation of voting results for remote e-voting prior to & at the 18th Annual General Meeting (AGM) of the Company held on 27th July 2022 in terms of Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (As Per BSE Announcement dated on 28.07.2022) We had earlier filed on 28th July 2022, the Intimation of voting results for remote e-voting prior to & at the 18th Annual General Meeting (AGM) of the Company held on 27th July 2022 containing Annexure- Details of Voting Results (Page-2). We would like to inform you that in the aforesaid Annexure, Cut-off Date (under Attendance of members) is inadvertently mentioned as 21st September 2021 and this needs to be read as '21st July 2022'. And Dividend declaration year in Item No. 2 (under Voting by members) is inadvertently mentioned as 31st March 2021 and this needs to be read as '31st March 2022'. Th corrected annexure to the aforesaid filing alone is enclosed herewith. (As per BSE Announcement Dated on 29/07/2022)

AGM Date: 27 Jul 2023

Outcome of Board Meeting - Audited Financial Results (Standalone & Consolidated) for the Quarter and Financial Year ended March 31, 2023 Intimation of voting results for remote e-voting prior to and during the 19th Annual General Meeting and Scrutinizer report Proceedings of 19th Annual General Meeting held on 27th July 2023 (As per BSE Announcement Dated on 28/07/2023) Intimation of voting results - Rectification of error (As per BSE Announcement Dated on 31/07/2023) Clarification on filing the Proceedings of 19th Annual General Meeting (AGM) held on July 27, 2023 (As Per BSE Announcement Dated on 09/04/2024)

AGM Date: 22 Jul 2024

The 20th Annual General Meeting of Members of the Company is scheduled to be held on Monday, the July 22nd, 2024, through Video Conferencing/Other Audio-Visual means. Integrated Annual Report for the Financial Year 2023-24 and Notice convening the 20th Annual General Meeting (As Per BSE Announcement Dated on 30.06.2024) Proceedings of Annual General Meeting Shareholder Meeting / Scrutinizer (As per BSE Announcement Dated on 22/07/2024)

AGM Date: 20 Aug 2025

The 21st Annual General Meeting of Members of the Company is scheduled to be held on Wednesday, the August 20, 2025. Integrated Annual Report for the Financial Year 2024-25 and Notice convening the 21st Annual General Meeting (As Per BSE Announcement Dated on: 29.07.2025) Proceedings of the 21st AGM -ZF Commercial Vehicle Control Systems India Limited held on 20th August, 2025 (As per BSE Announcement Dated on 20.08.2025) Voting results and Scrutinizer''s Report of the 21st AGM -ZF Commercial Vehicle Control Systems India Limited held on 20th August, 2025 (As per BSE Announcement Dated on 22/08/2025)

ZF Commercial Vehicle Control System India Ltd Peer Comparison

Company	Price	Market Cap (in Cr)
Samvardhana Motherson International Ltd	₹117.55	₹1,24,067.47
Bosch Ltd	₹36,860.90	₹1,08,716.21
Uno Minda Ltd	₹1,271.80	₹73,379.02
Endurance Technologies Ltd	₹2,647.65	₹37,242.60
Exide Industries Ltd	₹380.40	₹32,334

ZF Commercial Vehicle Control System India Ltd Top Mutal Funds Invested

Fund Name	AUM
SBI Automotive Opportunities Fund	3.23%
SBI Focused Fund	1.80%
Aditya Birla SL ELSS Tax Saver Fund	1.55%
Sundaram Mid Cap Fund	1.22%
SBI Large & Midcap Fund	1.01%

ZF Commercial Vehicle Control System India Ltd News

ZFCVINDIA receives business nomination from an Indian E-Mobility CV OEM

To develop and calibrate an Advanced Driver Assistance Systems (ADAS) suite

03 Dec 2025, 03:55 pm

ZF Commercial Vehicle Contl.Sys.India to convene board meeting

On 4 November 2025

23 Oct 2025, 04:39 pm

ZF Commercial Vehicle Control System announces appointment of Head - Legal

With effect from 30 July 2025

31 Jul 2025, 12:05 pm

ZF Commercial Vehicle Contl.Sys.India to table results

On 12 August 2025

19 Jul 2025, 10:44 am

Paramjit Singh Chadha take charge as MD of ZF Commercial Vehicle Control System India

With effect from 01 July 2025

01 Jul 2025, 01:49 pm

ZF Commercial Vehicle Control System India Ltd Stock Analysis

Annual revenue for ZF Commercial Vehicle Control System India Ltd increased by 0.89% to ₹3,913.84 crore in FY 2025 from ₹3,879.48 crore in FY 2024.
Annual Net Profit for ZF Commercial Vehicle Control System India Ltd increased by 13.31% to ₹458.66 crore in FY 2025 from ₹404.78 crore in FY 2024.
Promoter Shareholding in ZF Commercial Vehicle Control System India Ltd remains unchanged by 0.00% in the most recent quarter, from 60% in June 2025 to 60% in September 2025.
ZF Commercial Vehicle Control System India Ltd delivered a 1-year return of 18.37% compared to the Nifty 50, which provided a return of 6.40% as of the last trading session.
ZF Commercial Vehicle Control System India Ltd share price moved down by 0.91% from its previous close of INR ₹14,865. The latest ZF Commercial Vehicle Control System India Ltd share price is INR ₹14,729.
ZF Commercial Vehicle Control System India Ltd share price today has been at a low of 14,640 and a high of 14,839. Over the past 52 weeks, the ZF Commercial Vehicle Control System India Ltd share price has seen a low of 9,561 and a high of 15,297.

About ZF Commercial Vehicle Control System India Ltd

ZF Commercial Vehicle Control Systems India Ltd. is a leading manufacturer and supplier of automotive components. These include conventional braking products, advanced braking systems, and related air-assisted technologies for commercial vehicles. The company operates in the automotive components sector. It provides critical solutions for trucks, buses, off-highway vehicles, and defence applications.
ZF Commercial Vehicle Control Systems India Ltd. falls under the automotive components sector. The company was originally known as WABCO India Limited. It was incorporated in 1962 and has been in business over the decades. ZF Commercial became part of the ZF Group in 2020 following ZF's acquisition of WABCO. The company has since been integrated into ZF's Commercial Vehicle Solutions Division.
The headquarters of ZF Commercial Vehicle Control Systems India Ltd. is located in Chennai, Tamil Nadu, India. The company is promoted by ZF Group which is a global leader in chassis and driveline technology. Also, it is a prominent player in active and passive safety technology.
The main products of ZF Commercial Vehicle Control Systems India Ltd. include advanced braking systems, electronic braking systems and electronic stability control. It also supplies air suspension systems and air disc brakes. The company even offers e-mobility technologies like e-compressors and provides software development and other services.
ZF Commercial Vehicle Control Systems India Ltd. is a market leader in the Indian commercial vehicle supplier industry. The company has a significant market share and is recognized for its technological expertise and commitment to quality.
The promoter shareholding in ZF Commercial Vehicle Control Systems India Ltd. stands at 67.49%, which is entirely held by Wabco Asia Private Ltd. This indicates strong promoter commitment to the business.
The registered office of ZF Commercial Vehicle Control Systems India Ltd. is located at Ambattur Industrial Estate, Chennai - 600058, Tamil Nadu, India. Its registrar is situated at "Jayalakshmi Estates", Chennai (Madras) 600006, Tamil Nadu, India. The crucial managerial promoters of the company include:

Akash Passey
P Kaniappan
Christian Brenneke
Philippe Colpron
Mahesh Chhabria

ZF Commercial Vehicle Control Systems India Ltd. is a well-established automotive components company in India. The company is known for its comprehensive range of products and strong market presence. Its commitment to innovation, quality, and customer satisfaction has solidified its position as a trusted name in the automotive components sector.

Goals of the Company

ZF Commercial Vehicle Control Systems India Ltd. emerges as a pivotal player in the automotive components sector. This is because of their strategic vision that extends far beyond traditional manufacturing. The company was established with a rich heritage spanning over the decades and is now integrated into the global ZF Group. Thus, it has consistently pursued ambitious goals that blend technological innovation, safety enhancement, and sustainable mobility solutions.
The primary strategic goals of ZF Commercial Vehicle Control Systems India Ltd. are deeply rooted in technological innovation and safety advancement. The company has set ambitious objectives to develop and deliver cutting-edge braking systems, electronic control technologies, and e-mobility solutions that redefine safety and performance standards in commercial vehicles.
By focusing on advanced automotive components, the organization aims to fundamentally enhance vehicle safety, operational efficiency, and technological capabilities. These goals are not merely product-driven but represent a holistic approach to addressing the complex challenges faced by the commercial vehicle ecosystem. This includes improved vehicular performance, enhanced driver safety, and reduced operational risks.
A critical goal for the company lies in its commitment to e-mobility and technological transformation. It is recognizing the global shift towards sustainable transportation. Hence, it has strategically positioned itself to develop and integrate e-mobility technologies such as e-compressors and advanced software solutions. The company's objectives include developing comprehensive electrification solutions that can be seamlessly integrated into commercial vehicles. This goal reflects a forward-looking approach that anticipates and addresses the evolving technological and environmental requirements of the automotive industry.
The company has set significant goals in terms of market leadership and technological expertise. ZF Commercial Vehicle Control Systems India Ltd. has a strong promoter shareholding and presence in the Indian commercial vehicle supplier industry. Thus, it aims to consolidate its market position through continuous innovation and quality enhancement.
The organization's goals include expanding its technological capabilities and maintaining its competitive edge through sustained investment in research and development. This approach is particularly evident in the company's focus on providing comprehensive solutions for diverse sectors. These sectors include commercial vehicles, defence applications, and emerging mobility platforms.
ZF Commercial Vehicle Control Systems India Ltd. represents a dynamic organisation with multifaceted goals that extend far beyond traditional manufacturing. Under the leadership of P. Kaniappan and guided by the global expertise of the ZF Group, the company is committed to driving technological advancement and contributing to the transformation of the automotive industry.
The organization's goals reflect a comprehensive vision that balances its marketing strategy and social responsibility. By maintaining a strategic focus on emerging technological trends, ZF Commercial Vehicle Control Systems India Ltd. is positioning itself as a critical enabler of future mobility solutions, both in India and on the global stage.