Z F Steering

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

As of 07-Aug, Z F Steering Gear (India) Ltd's stock price is declining at 661.70, down -1.25 (-0.19%), underperforming against the Sensex and its sector, with significant drops over various time frames. Despite increased investor participation, the stock remains below key moving averages, indicating a bearish trend.

As of 07-Aug, Z F Steering Gear (India) Ltd is experiencing a decline in its stock price, currently at 661.70, which reflects a change of -1.25 (-0.19%). This downward movement can be attributed to several factors. Over the past week, the stock has underperformed, showing a decrease of -0.82%, while the benchmark Sensex has gained +0.52%. Additionally, the stock has seen a significant decline over longer periods, with a year-to-date drop of -17.44% compared to the Sensex's -7.89%, and a staggering -41.20% decline over the past year against the Sensex's -2.63%.<BR><BR>Today's performance indicates that Z F Steering Gear is underperforming its sector, with a performance that is -2.24% lower than the Auto Ancillary sector, which has gained by 2.54%. Furthermore, the stock is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a bearish trend. <BR><BR>Despite a notable increase in investor participation, with delivery volume rising by 193.88% against the 5-day average, the overall sentiment remains negative, contributing to the stock's decline. Thus, the combination of underperformance relative to both the sector and the benchmark, along with trading below key moving averages, indicates that Z F Steering Gear (India) Ltd is currently facing downward pressure on its stock price.

Which are the latest news on Z F Steering?

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

Z F Steering Gear (India) Ltd's latest results are concerning, showing a 55.21% increase in net profit largely due to other income, while core operations remain weak with a 17.94% sequential revenue decline and the lowest operating margin in eight quarters. Overall, the company faces significant challenges, indicating a negative outlook and a cautious investment approach.

Z F Steering Gear (India) Ltd's latest results indicate a challenging situation for the company. While the net profit for Q1 FY27 showed a significant year-on-year increase of 55.21% to ₹12.37 crores, this figure is heavily influenced by a substantial reliance on other income, which constituted an alarming 94.26% of profit before tax. Without this windfall, the core operations would have barely generated any profit, highlighting a critical weakness in the business model.<BR><BR>Revenue growth of 7.62% year-on-year appears modest, but it masks a concerning sequential decline of 17.94% from the previous quarter. Additionally, the operating margin has dropped to 9.32%, the lowest in eight quarters, reflecting severe operational challenges and inefficiencies.<BR><BR>The stock has underperformed significantly over the past year, declining by 42.23%, compared to a 7.45% drop in the Sensex and a 13.61% gain in the auto components sector. This underperformance suggests that the company is facing specific challenges rather than broader industry issues.<BR><BR>Overall, the results reveal a company struggling with its core business fundamentals, characterized by unsustainable earnings quality, declining margins, and a lack of institutional interest. Given these factors, the outlook appears negative, and the recommendation would be to approach with caution.

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

When is the next results date for Z F Steering Gear (India) Ltd?

The next results date for Z F Steering Gear (India) Ltd is 24 July 2026.

The next results date for Z F Steering Gear (India) Ltd is scheduled for 24 July 2026.

How big is Z F Steering?

As of 10th June, Z F Steering Gear (India) Ltd has a market capitalization of 598.00 Cr and reported net sales of 571.06 Cr and a net profit of 15.39 Cr over the latest four quarters.

As of 10th June, <BR><BR>Market Cap: Z F Steering Gear (India) Ltd has a market capitalization of 598.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 571.06 Cr, while the sum of Net Profit for the same period is 15.39 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds are valued at 465.91 Cr, and Total Assets amount to 622.38 Cr.

Who are in the management team of Z F Steering?

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

The management team of Z F Steering includes the following individuals:<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<BR><BR>If you need further details about any specific member or their roles, feel free to ask!

Who are the peers of the Z F Steering?

Z F Steering's peers include Automotive Stamp, IST, Sterling Tools, Enkei Wheels, and others. Z F Steering has below-average management risk and a 1-year return of -46.04%, higher than Sterling Tools but lower than Omax Autos, which has the highest return at 141.99%.

Peers: The peers of Z F Steering are Automotive Stamp, IST, Sterling Tools, Enkei Wheels, Hind.Composites, Veljan Denison, Triton Valves, Kinetic Engg., Munjal Showa, and Omax Autos.<BR><BR>Quality Snapshot: Excellent management risk is observed at IST, Sterling Tools, Hind.Composites, Veljan Denison, and Munjal Showa, while Average management risk is found at Automotive Stamp, Triton Valves, and Kinetic Engg. Below Average management risk is noted at Z F Steering, Enkei Wheels, and the rest. Growth is Excellent at Enkei Wheels, Good at Z F Steering, and the rest show Below Average growth. Capital Structure is Excellent for IST, Sterling Tools, Hind.Composites, Z F Steering, Veljan Denison, and Munjal Showa, while Below Average is seen at Automotive Stamp and Triton Valves, and the rest have Average Capital Structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Omax Autos at 141.99%, while the lowest is Sterling Tools at -45.68%. Z F Steering's 1-year return is -46.04%, which is lower than Omax Autos but higher than Sterling Tools. Additionally, the six-month return is negative for Z F Steering, IST, Sterling Tools, Enkei Wheels, Hind.Composites, Kinetic Engg., and Munjal Showa.

What does Z F Steering do?

ZF Steering Gear (India) Ltd manufactures steering systems for vehicles, buses, and tractors, classified as a Micro Cap company with a market cap of INR 598 Cr. As of March 2026, it reported net sales of 174 Cr and a net profit of 0 Cr.

Overview:<BR>ZF Steering Gear (India) Ltd is engaged in the production and assembling of steering systems for vehicles, buses, and tractors, operating within the Auto Components & Equipments industry and classified as a Micro 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 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 174 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 0 Cr (Quarterly Results - Mar 2026)<BR>- Market cap: INR 598 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 38.00<BR>- Industry P/E: 36<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.21<BR>- Return on Equity: 3.29%<BR>- Price to Book: 1.22<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

Is Z F Steering technically bullish or bearish?

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%.

How has been the historical performance of Z F Steering?

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.

Is Z F Steering overvalued or undervalued?

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.

Who are the top shareholders of the Z F Steering?

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.

Has Z F Steering declared dividend?

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.