Z F Steering

  • Market Cap: Micro Cap
  • Industry: Auto Components & Equipments
  • ISIN: INE116C01012
  • NSEID:
  • BSEID: 505163
INR
662.95
-2.65 (-0.4%)
BSENSE

Mar 23

BSE+NSE Vol: 2.8 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

2.8 k (-56.25%) Volume

Shareholding (Dec 2025)

FII

0.00%

Held by 1 FIIs

DII

0.01%

Held by 0 DIIs

Promoter

62.79%

When is the next results date for Z F Steering?

06-Jun-2025

No Upcoming Board Meetings

Who are in the management team of Z F Steering?

06-Jun-2025

As of March 2023, the management team of Z F Steering includes Dinesh Munot (Chairman & Wholetime Director), Utkarsh Munot (Managing Director), and five Independent Non-Executive Directors: Manish Motwani, Shridhar S Kalmadi, S A Gundecha, Adit Madhusudan Rathi, and Smita A Lahoti.

As of March 2023, the management team of Z F Steering includes the following members:<BR><BR>1. **Dinesh Munot** - Chairman & Wholetime Director<BR>2. **Utkarsh Munot** - Managing Director<BR>3. **Manish Motwani** - Independent Non-Executive Director<BR>4. **Shridhar S Kalmadi** - Independent Non-Executive Director<BR>5. **S A Gundecha** - Independent Non-Executive Director<BR>6. **Adit Madhusudan Rathi** - Independent Non-Executive Director<BR>7. **Smita A Lahoti** - Independent Non-Executive Director

View full answer

Has Z F Steering declared dividend?

06-Jun-2025

Z F Steering Gear (India) Ltd has declared an 80% dividend, amounting to ₹8 per share, with an ex-date of September 3, 2024. The company has shown varied total returns over different periods, with a total return of 230.15% over the last 5 years.

Z F Steering Gear (India) Ltd has declared an 80% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 80%<BR>- Amount per share: 8<BR>- Ex-date: 03 Sep 2024<BR><BR>Dividend Yield: 0.69%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -24.28%, with a dividend return of 0%, resulting in a total return of -24.28%.<BR><BR>Over the past year, the price return was 18.55%, the dividend return was 0.76%, leading to a total return of 19.31%.<BR><BR>In the 2-year period, the price return stood at 90.39%, with a dividend return of 2.15%, culminating in a total return of 92.54%.<BR><BR>For the 3-year period, the price return was 158.86%, the dividend return was 3.00%, resulting in a total return of 161.86%.<BR><BR>In the last 4 years, the price return was 124.57%, with a dividend return of 2.70%, leading to a total return of 127.27%.<BR><BR>Over the 5-year period, the price return was 226.03%, the dividend return was 4.12%, culminating in a total return of 230.15%.<BR><BR>Overall, Z F Steering Gear (India) Ltd has declared a significant dividend while also demonstrating a range of total returns across different periods, indicating a mix of performance in terms of price appreciation and dividend income.

View full answer

Who are the peers of the Z F Steering?

03-Jun-2025

Z F Steering's peers include Bosch, Schaeffler India, Bharat Forge, and others, with varying management risk and growth ratings. Z F Steering has the highest 1-year return among its peers at 18.73%, while Rico Auto Inds has the lowest at -37.48%.

Peers: The peers of Z F Steering are Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Tube Investments, RACL Geartech, Rico Auto Inds, Saint-Gob. Sekur, IST, and Enkei Wheels.<BR><BR>Quality Snapshot: Excellent management risk is observed at Bosch, Schaeffler India, Bharat Forge, Tube Investments, while Average management risk is found at Z F Steering, Samvardh. Mothe., RACL Geartech, Rico Auto Inds, Saint-Gob. Sekur, and the rest. Growth is rated as Excellent for Schaeffler India and Tube Investments, Good for Bosch and Bharat Forge, while Z F Steering, Samvardh. Mothe., RACL Geartech, Rico Auto Inds, and the rest have Below Average growth. In terms of Capital Structure, Excellent ratings are seen at Bosch, Schaeffler India, Tube Investments, and Saint-Gob. Sekur, while Average is found at Bharat Forge, and Below Average at Z F Steering, RACL Geartech, Rico Auto Inds, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Z F Steering at 18.73%, while Rico Auto Inds has the lowest at -37.48%, with Z F Steering outperforming Rico Auto Inds significantly. Additionally, several peers including Tube Investments, Saint-Gob. Sekur, IST, and Enkei Wheels have negative six-month returns.

View full answer

What does Z F Steering do?

17-Jul-2025

ZF Steering Gear (India) Ltd manufactures steering systems for vehicles, buses, and tractors, and is classified as a Small Cap company with a market cap of INR 1,160 Cr. As of March 2025, it reported net sales of 1,370 Cr and a net profit of 39 Cr.

Overview:<BR>ZF Steering Gear (India) Ltd is engaged in the production and assembly of steering systems for vehicles, buses, and tractors, operating within the Auto Components & Equipments industry and classified as a Small Cap company.<BR><BR>History:<BR>The company was incorporated on January 21, 1981. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1,370 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 39 Cr (Quarterly Results - Mar 2025)<BR>- Market cap: INR 1,160 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 76.00<BR>- Industry P/E: 39<BR>- Dividend Yield: 0.62%<BR>- Debt Equity: 0.21<BR>- Return on Equity: 3.20%<BR>- Price to Book: 2.50<BR><BR>Contact Details:<BR>Address: Gat No 1242 & 1244, Vadu Budruk Shirur Taluka Pune Maharashtra : 412216<BR>Tel: 91-2137-305100<BR>Email: enquiry@zfindia.com<BR>Website: http://www.zfindia.com

View full answer

Who are the top shareholders of the Z F Steering?

17-Jul-2025

The top shareholders of Z F Steering include Utkarsh Munot with 28.56%, followed by public shareholder Ramesh Hirachand Munot at 2.38%, and individual investors holding 23.72%. There are no pledged promoter holdings or foreign institutional investors.

The top shareholders of Z F Steering include the promoters, with Utkarsh Munot holding the largest share at 28.56%. The highest public shareholder is Ramesh Hirachand Munot, who owns 2.38%. Additionally, individual investors collectively hold 23.72% of the company. There are no pledged promoter holdings, and the company does not have any foreign institutional investors or mutual funds holding shares.

View full answer

How big is Z F Steering?

24-Jul-2025

As of 24th July, Z F Steering Gear (India) Ltd has a market capitalization of 1,093.00 Cr, with recent net sales of 493.87 Cr and a net profit of 14.92 Cr. Shareholder's funds are 458.21 Cr, and total assets are 577.27 Cr.

As of 24th July, Z F Steering Gear (India) Ltd has a market capitalization of 1,093.00 Cr, classifying it as a Small Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 493.87 Cr and a Net Profit of 14.92 Cr.<BR><BR>For the latest annual period ending March 2024, Shareholder's Funds amounted to 458.21 Cr, while Total Assets were reported at 577.27 Cr.

View full answer

Is Z F Steering overvalued or undervalued?

10-Nov-2025

As of November 7, 2025, Z F Steering is considered undervalued with a valuation grade upgrade to very attractive, highlighted by a high PE ratio of 73.74, a low Price to Book Value of 0.16, and a PEG ratio of 0.00, despite its recent stock performance lagging behind the Sensex.

As of 7 November 2025, Z F Steering's valuation grade has moved from fair to very attractive, indicating a significant positive shift in its perceived value. Based on the analysis, the company appears to be undervalued. Key ratios include a PE ratio of 73.74, an EV to EBITDA of 25.28, and a Price to Book Value of 0.16, which suggest that while the PE ratio is high, the low Price to Book Value indicates potential undervaluation.<BR><BR>In comparison to its peers, Bosch has a PE ratio of 49, and Samvardhana Motherson has a PE of 32.06, both of which are significantly lower than Z F Steering's. This disparity, along with Z F Steering's PEG ratio of 0.00, further supports the conclusion that the company is undervalued relative to its peers. Additionally, Z F Steering's recent stock performance has lagged behind the Sensex, with a year-to-date return of -41.45% compared to the Sensex's 6.50%, reinforcing the notion that the stock may be undervalued given its potential for recovery.

View full answer

How has been the historical performance of Z F Steering?

01-Dec-2025

Z F Steering has experienced steady revenue growth, with net sales increasing from 450.43 Cr in Mar'23 to 493.87 Cr in Mar'25. However, profitability metrics have fluctuated, with significant declines in profit after tax from 43.68 Cr in Mar'24 to 12.59 Cr in Mar'25.

Answer:<BR>The historical performance of Z F Steering shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Z F Steering's net sales have shown a steady increase from 450.43 Cr in Mar'23 to 493.87 Cr in Mar'25, indicating growth in revenue. The total operating income followed a similar trend, rising from 450.43 Cr in Mar'23 to 493.87 Cr in Mar'25. However, the operating profit (PBDIT) has varied, peaking at 86.59 Cr in Mar'24 before dropping to 73.84 Cr in Mar'25. Profit before tax also decreased from 51.87 Cr in Mar'24 to 24.50 Cr in Mar'25, while profit after tax saw a significant decline from 43.68 Cr in Mar'24 to 12.59 Cr in Mar'25. The company's total assets increased from 577.27 Cr in Mar'24 to 622.38 Cr in Mar'25, and total liabilities also rose from 577.27 Cr to 622.38 Cr in the same period. Cash flow from operating activities improved slightly from 34.00 Cr in Mar'24 to 39.00 Cr in Mar'25, but the net cash outflow was recorded at -10.00 Cr in Mar'25, contrasting with a net inflow of 11.00 Cr in Mar'24. Overall, while Z F Steering has experienced growth in sales and assets, profitability metrics have shown volatility, particularly in the latest fiscal year.

View full answer

Is Z F Steering technically bullish or bearish?

03-Dec-2025

As of December 2, 2025, the trend has shifted to bearish with moderate strength, indicated by a bearish MACD, moving averages, and KST, despite bullish RSI readings, and the stock has underperformed the market with a year-to-date return of -44.15%.

As of 2 December 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, bearish moving averages on the daily chart, and a bearish KST on the weekly timeframe. Although the RSI shows bullish readings on both weekly and monthly charts, the overall trend and other indicators suggest a bearish outlook. The stock has also underperformed significantly compared to the broader market, with a year-to-date return of -44.15%.

View full answer

Are Z F Steering Gear (India) Ltd latest results good or bad?

31-Jan-2026

Z F Steering Gear (India) Ltd's latest results show strong year-on-year growth with a net profit of ₹7.84 crores and a 21.81% revenue increase, but concerns remain due to a decline in profit from the previous quarter and low return on equity, leading to a cautious outlook.

Z F Steering Gear (India) Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹7.84 crores for Q3 FY26, which is a remarkable increase of 1,011.63% year-on-year. Additionally, revenue grew by 21.81% compared to the same quarter last year, reaching ₹143.23 crores, marking the highest quarterly sales in at least eight quarters. The operating margin also improved significantly to 16.45%, the best performance in recent quarters.<BR><BR>However, despite these positive indicators, there are significant concerns. The net profit decreased from ₹7.97 crores in the previous quarter (Q2 FY26), indicating volatility in profitability. Furthermore, the return on equity (ROE) remains low at 2.24%, well below industry peers, and the company has experienced inconsistent profitability with two loss-making quarters in the past year.<BR><BR>The stock has also faced substantial declines, trading down 46.25% from its 52-week high, which reflects ongoing investor concerns about its ability to maintain profitability. Overall, while the latest results show some positive trends, the underlying issues regarding capital efficiency and profitability volatility suggest that the outlook remains cautious.

View full answer

Should I buy, sell or hold Z F Steering Gear (India) Ltd?

01-Feb-2026

Why is Z F Steering Gear (India) Ltd falling/rising?

17-Mar-2026

As of 17-Mar, Z F Steering Gear (India) Ltd's stock price has risen to 656.10, reflecting a potential trend reversal after previous declines, driven by strong financial results and a significant intraday gain. However, concerns about long-term growth and low investor participation persist.

As of 17-Mar, Z F Steering Gear (India) Ltd is experiencing a rise in its stock price, currently at 656.10, which reflects an increase of 12.4 or 1.93%. This upward movement can be attributed to several factors. Notably, the stock has gained after four consecutive days of decline, indicating a potential trend reversal. Additionally, it opened with a significant gain of 4.08% today and reached an intraday high of Rs 674.5, which is a 4.78% increase.<BR><BR>The company has also reported positive financial results for December 2025, showcasing a remarkable growth in profit before tax (PBT) of 2225.7% compared to the previous four-quarter average. Furthermore, the operating profit to interest ratio is at its highest, suggesting improved financial health. The company's ability to service debt is strong, as indicated by a low Debt to EBITDA ratio of 1.27 times.<BR><BR>Despite these positive indicators, the stock is still trading lower than its moving averages across various time frames, and there has been a significant drop in investor participation, with delivery volume falling by 51.96% against the five-day average. This suggests that while the stock is currently rising, there are underlying concerns regarding long-term growth and management efficiency, as evidenced by a low return on capital employed (ROCE) of 3.76% and a history of poor performance relative to the market over the past year. <BR><BR>In summary, the rise in Z F Steering Gear's stock price is primarily due to a recent positive financial performance and a potential reversal in trend, despite ongoing concerns about its long-term growth and investor confidence.

View full answer

Why is Z F Steering Gear (India) Ltd falling/rising?

18-Mar-2026

As of 18-Mar, Z F Steering Gear (India) Ltd's stock price has risen to Rs 686.10, up 3.95%, driven by recent gains and sector performance. However, it has a year-to-date decline of 14.39%, indicating long-term challenges despite current upward momentum.

As of 18-Mar, Z F Steering Gear (India) Ltd is experiencing a rise in its stock price, currently at Rs 686.10, which reflects an increase of Rs 26.1 or 3.95%. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 1.69% today and has shown consecutive gains over the last two days, accumulating a total return of 6.59% during this period. Additionally, the stock reached an intraday high of Rs 699, indicating strong buying interest.<BR><BR>Despite the positive performance today, it is important to note that the stock has faced challenges in the longer term, with a year-to-date decline of 14.39% and a one-year drop of 29.92%. However, the recent gains suggest a potential recovery phase, particularly as the auto ancillary sector has also gained by 2.18%. <BR><BR>Investor participation appears to be declining, as evidenced by a significant drop in delivery volume, which fell by 48.25% compared to the five-day average. Nevertheless, the stock remains liquid enough for trading, which may support its current upward momentum. Overall, the combination of recent positive performance, sector strength, and a potential recovery trend contributes to the rising stock price of Z F Steering Gear (India) Ltd.

View full answer

Why is Z F Steering Gear (India) Ltd falling/rising?

19-Mar-2026

As of 19-Mar, Z F Steering Gear (India) Ltd's stock price is at 670.00, down 1.77%. The stock has declined significantly over the past month and year, reflecting a bearish trend despite increased investor participation.

As of 19-Mar, Z F Steering Gear (India) Ltd's stock price is currently at 670.00, reflecting a decrease of 12.1 points or 1.77%. The stock has experienced a trend reversal, having fallen after two consecutive days of gains. This decline is notable as the stock has underperformed compared to the broader market, with a 1-week performance of -1.72% against the Sensex's -2.40%. <BR><BR>In the context of longer-term performance, the stock has seen a significant drop of 16.79% over the past month and 32.72% over the past year, indicating a broader negative trend. Additionally, the stock touched an intraday low of Rs 666.55, which is a decrease of 2.28% during the trading day. <BR><BR>While there has been a rise in investor participation, with delivery volume increasing by 439.66% compared to the 5-day average, the overall sector, Auto Ancillary, has also seen a decline of 3.44%. The stock's moving averages indicate that it is currently higher than the 5-day moving average but lower than the 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the short to medium term. <BR><BR>Overall, the combination of recent price movements, sector performance, and the stock's position relative to its moving averages contributes to the observed decline in Z F Steering Gear (India) Ltd's stock price.

View full answer

Why is Z F Steering Gear (India) Ltd falling/rising?

20-Mar-2026

As of 20-Mar, Z F Steering Gear (India) Ltd's stock price is at 665.00, reflecting a decline of 5.85 (-0.87%). The stock has been on a downward trend, losing 17.79% over the past month and underperforming the Sensex.

As of 20-Mar, Z F Steering Gear (India) Ltd's stock price is falling, currently at 665.00, which reflects a decrease of 5.85 (-0.87%). The stock has been on a downward trend, having lost value for the last two consecutive days, resulting in a total decline of 2.51% during this period. Over the past month, the stock has experienced a significant drop of 17.79%, which is notably worse than the Sensex's decline of 10.00% in the same timeframe. Year-to-date, the stock is down 17.03%, again underperforming the Sensex, which has decreased by 12.54%.<BR><BR>Despite a recent intraday high of Rs 689.95, the overall performance today indicates that the stock has underperformed its sector by 1.67%. Additionally, while the stock's delivery volume has seen a substantial increase of 181.68% compared to the 5-day average, this rise in investor participation has not translated into a positive price movement. The stock's current price is higher than its 5-day moving averages but lower than its 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the longer term. Overall, these factors contribute to the stock's current decline.

View full answer
iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

1

Poor Management Efficiency with a low ROCE of 3.76%

  • The company has been able to generate a Return on Capital Employed (avg) of 3.76% signifying low profitability per unit of total capital (equity and debt)
2

Poor long term growth as Operating profit has grown by an annual rate -4.47% of over the last 5 years

 
3

Reducing Promoter Confidence

4

Underperformed the market in the last 1 year

stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

Auto Components & Equipments

stock-summary
Market cap

INR 602 Cr (Micro Cap)

stock-summary
P/E

31.00

stock-summary
Industry P/E

33

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.21

stock-summary
Return on Equity

2.24%

stock-summary
Price to Book

1.27

Revenue and Profits:
Net Sales:
143 Cr
(Quarterly Results - Dec 2025)
Net Profit:
8 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-14.78%
0%
-14.78%
6 Months
-37.57%
0%
-37.57%
1 Year
-33.1%
0%
-33.1%
2 Years
-18.56%
0.89%
-17.67%
3 Years
67.84%
2.56%
70.4%
4 Years
55.75%
2.81%
58.56%
5 Years
68.95%
3.48%
72.43%

Latest dividend: 8 per share ex-dividend date: Sep-03-2024

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

Announcements stock-summary

Update On Subsidiaries - Proposed Assignment Of Leasehold Rights Between Wholly Owned Subsidiaries Of The Company - Receipt Of Permission From Maharashtra Industrial Development Corporation And Execution Of Lease Deed.

19-Mar-2026 | Source : BSE

Pursuant to receipt of permission from MIDC for assignment of leasehold rights between two wholly owned subsidiaries of the Company (NexSteer and DriveSys) DriveSys has executed the lease deed with MIDC on 18.03.2026 in respect of the said factory premises.

Announcement under Regulation 30 (LODR)-Newspaper Publication

13-Feb-2026 | Source : BSE

Disclosure of Newspaper Advertisements for intimating re-opening of Special Window for lodgement/ re-lodgement of transfer of shares in physical form.

Intimation Pursuance To Regulation 30 Read With Regulation 16(1)(C) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 Regarding Identification Of Metacast Auto Private Limited As A Material Su

13-Feb-2026 | Source : BSE

Pursuant to Regulation 16(1)(c) of the Listing Regulations Metacast Auto Private Limited - Subsidiary of the Company has been identified as Material Subsidiary w.e.f. February 12 2026.

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

Z F Steering Gear (India) Ltd has declared 80% dividend, ex-date: 03 Sep 24

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
7.41%
EBIT Growth (5y)
-4.47%
EBIT to Interest (avg)
13.53
Debt to EBITDA (avg)
1.29
Net Debt to Equity (avg)
0.21
Sales to Capital Employed (avg)
0.89
Tax Ratio
44.66%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.01%
ROCE (avg)
3.47%
ROE (avg)
5.62%

Valuation key factors

Factor
Value
P/E Ratio
31
Industry P/E
33
Price to Book Value
1.27
EV to EBIT
31.93
EV to EBITDA
10.20
EV to Capital Employed
1.23
EV to Sales
1.32
PEG Ratio
14.06
Dividend Yield
NA
ROCE (Latest)
1.67%
ROE (Latest)
2.24%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 1 Schemes (0.0%)

FIIs

Held by 1 FIIs (0.0%)

Promoter with highest holding

Utkarsh Munot (28.56%)

Highest Public shareholder

Ramesh Hirachand Munot (2.38%)

Individual Investors Holdings

27.79%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2025 is 18.80% vs -9.31% in Sep 2025",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2025 is 2,110.26% vs -104.89% in Sep 2025",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Sep'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "143.23",
          "val2": "120.56",
          "chgp": "18.80%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "23.56",
          "val2": "12.36",
          "chgp": "90.61%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.92",
          "val2": "1.73",
          "chgp": "10.98%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.64",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "7.84",
          "val2": "-0.39",
          "chgp": "2,110.26%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.45%",
          "val2": "10.25%",
          "chgp": "6.20%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2025 is 5.94% vs -0.38% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2025 is -36.36% vs -50.79% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "253.49",
          "val2": "239.27",
          "chgp": "5.94%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "30.50",
          "val2": "27.64",
          "chgp": "10.35%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "3.80",
          "val2": "2.45",
          "chgp": "55.10%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "7.58",
          "val2": "11.91",
          "chgp": "-36.36%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "12.03%",
          "val2": "11.55%",
          "chgp": "0.48%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2025 is 11.17% vs 0.89% in Dec 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2025 is 39.55% vs -68.83% in Dec 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "396.72",
          "val2": "356.85",
          "chgp": "11.17%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "54.06",
          "val2": "38.16",
          "chgp": "41.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "5.72",
          "val2": "4.10",
          "chgp": "39.51%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.64",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "15.42",
          "val2": "11.05",
          "chgp": "39.55%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.63%",
          "val2": "10.69%",
          "chgp": "2.94%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2025 is 3.35% vs 6.09% in Mar 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2025 is -65.85% vs 78.04% in Mar 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'25",
        "Mar'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "493.87",
          "val2": "477.87",
          "chgp": "3.35%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "53.12",
          "val2": "52.30",
          "chgp": "1.57%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "6.56",
          "val2": "1.01",
          "chgp": "549.50%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "14.92",
          "val2": "43.69",
          "chgp": "-65.85%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.76%",
          "val2": "10.94%",
          "chgp": "-0.18%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQstock-summary

Dec'25
Sep'25
Change(%)
Net Sales
143.23
120.56
18.80%
Operating Profit (PBDIT) excl Other Income
23.56
12.36
90.61%
Interest
1.92
1.73
10.98%
Exceptional Items
-0.64
0.00
Consolidate Net Profit
7.84
-0.39
2,110.26%
Operating Profit Margin (Excl OI)
16.45%
10.25%
6.20%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2025 is 18.80% vs -9.31% in Sep 2025

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2025 is 2,110.26% vs -104.89% in Sep 2025

Half Yearly Results Snapshot (Consolidated) - Sep'25stock-summary

Sep'25
Sep'24
Change(%)
Net Sales
253.49
239.27
5.94%
Operating Profit (PBDIT) excl Other Income
30.50
27.64
10.35%
Interest
3.80
2.45
55.10%
Exceptional Items
0.00
0.00
Consolidate Net Profit
7.58
11.91
-36.36%
Operating Profit Margin (Excl OI)
12.03%
11.55%
0.48%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is 5.94% vs -0.38% in Sep 2024

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2025 is -36.36% vs -50.79% in Sep 2024

Nine Monthly Results Snapshot (Consolidated) - Dec'25stock-summary

Dec'25
Dec'24
Change(%)
Net Sales
396.72
356.85
11.17%
Operating Profit (PBDIT) excl Other Income
54.06
38.16
41.67%
Interest
5.72
4.10
39.51%
Exceptional Items
-0.64
0.00
Consolidate Net Profit
15.42
11.05
39.55%
Operating Profit Margin (Excl OI)
13.63%
10.69%
2.94%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2025 is 11.17% vs 0.89% in Dec 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2025 is 39.55% vs -68.83% in Dec 2024

Annual Results Snapshot (Consolidated) - Mar'25stock-summary

Mar'25
Mar'24
Change(%)
Net Sales
493.87
477.87
3.35%
Operating Profit (PBDIT) excl Other Income
53.12
52.30
1.57%
Interest
6.56
1.01
549.50%
Exceptional Items
0.00
0.00
Consolidate Net Profit
14.92
43.69
-65.85%
Operating Profit Margin (Excl OI)
10.76%
10.94%
-0.18%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is 3.35% vs 6.09% in Mar 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2025 is -65.85% vs 78.04% in Mar 2024

stock-summaryCompany CV
About Z F Steering Gear (India) Ltd stock-summary
stock-summary
Z F Steering Gear (India) Ltd
Micro Cap
Auto Components & Equipments
ZF Steering Gear (India) Limited was incorporated on January 21, 1981. The Company is engaged in production & assembling of steering systems for vehicles, buses and tractors. The Company work plants at Vadu Budruk, near Pune and at Pithampur (Madhya Pradesh). The company's steering gears find application in buses and are supplied to various state transport undertakings and also to heavy vehicles like dumper and haulage trucks.
Company Coordinates stock-summary
Company Details
Gat No 1242 & 1244, Vadu Budruk Shirur Taluka Pune Maharashtra : 412216
stock-summary
Tel: 91-2137-305100
stock-summary
enquiry@zfindia.com
Registrar Details
Link Intime India Pvt Ltd, Block No 202, 2nd Floor, Akshay Complex, Near Ganesh Temple, Off Dhole Patil Road , Pune