ZF Commercial

how big is ZF Commercial?

As of Jun 06, ZF Commercial Vehicle Control System India Ltd has a market capitalization of 26,260.05 Cr and reported net sales of 3,830.96 Cr and net profit of 460.73 Cr over the latest four quarters. Shareholder's funds are 2,790.32 Cr with total assets of 3,352.60 Cr as of Mar'24.

Market Cap: ZF Commercial Vehicle Control System India Ltd has a market capitalization of 26,260.05 Cr and is classified as a Large Cap company as of Jun 06.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes Mar'25, Dec'24, Sep'24, and Jun'24, is 3,830.96 Cr. The sum of Net Profit for the same quarters is 460.73 Cr. This data is on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: This is also on a Consolidated basis for the latest annual period ending Mar'24. The Shareholder's Funds are reported at 2,790.32 Cr, while the Total Assets amount to 3,352.60 Cr.

When is the next results date for ZF Commercial?

No Upcoming Board Meetings

Has ZF Commercial declared dividend?

ZF Commercial Vehicle Control System India Ltd has declared a dividend of 340% (₹17 per share), with an ex-date of July 15, 2024. Total returns have varied, showing positive growth over the 3 to 5-year periods despite fluctuations in shorter terms.

ZF Commercial Vehicle Control System India Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 340%<BR>- Amount per share: 17<BR>- Ex-date: 15 Jul 24<BR><BR>Dividend Yield: 0.13%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 10.31%, with no dividend return, resulting in a total return of 10.31%.<BR><BR>Over the past year, the price return was -19.72%, with a dividend return of 0.10%, leading to a total return of -19.62%.<BR><BR>In the 2-year period, the price return was 20.18%, with a dividend return of 0.25%, culminating in a total return of 20.43%.<BR><BR>For the 3-year period, the price return was 73.68%, with a dividend return of 0.59%, resulting in a total return of 74.27%.<BR><BR>In the last 4 years, the price return was 99.61%, with a dividend return of 0.77%, leading to a total return of 100.38%.<BR><BR>Over the 5-year period, the price return was 98.17%, with a dividend return of 0.77%, resulting in a total return of 98.94%.<BR><BR>Overall, ZF Commercial has declared a substantial dividend, and while the total returns have varied significantly across periods, the company has shown positive growth in returns over the longer term, particularly in the 3 to 5-year periods.

Who are the peers of the ZF Commercial?

ZF Commercial's peers include Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Tube Investments, Sundram Fasten., Amara Raja Ener., Asahi India Glas, CIE Automotive, and JBM Auto. In terms of management risk, growth, and capital structure, ZF Commercial is rated as good, with a 1-year return of -20.29%, slightly better than Bharat Forge's -20.70%.

Peers: The peers of ZF Commercial are Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Tube Investments, Sundram Fasten., Amara Raja Ener., Asahi India Glas, CIE Automotive, and JBM Auto.<BR><BR>Quality Snapshot: Excellent management risk is observed at Schaeffler India, Tube Investments, and ZF Commercial, while Good management risk is found at Bosch, Bharat Forge, Sundram Fasten., Amara Raja Ener., and JBM Auto. Average management risk is noted for Samvardh. Mothe., Asahi India Glas, and CIE Automotive. For Growth, Excellent growth is seen at Samvardh. Mothe., Schaeffler India, and Tube Investments, while Good growth is noted for ZF Commercial and Bharat Forge. Below Average growth is found at Sundram Fasten., Amara Raja Ener., and the rest. In terms of Capital Structure, Excellent capital structure is present at Bosch, Schaeffler India, Tube Investments, ZF Commercial, and Sundram Fasten., while Good capital structure is noted for Bharat Forge and Amara Raja Ener., and Average capital structure is seen at Samvardh. Mothe., Asahi India Glas, CIE Automotive, and JBM Auto.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Asahi India Glas at 23.93%, while the lowest is Bharat Forge at -20.70%. ZF Commercial's own 1-year return is -20.29%, which is slightly better than Bharat Forge's. Additionally, peers with negative six-month returns include Samvardh. Mothe., Bosch, Tube Investments, Sundram Fasten., Amara Raja Ener., and Bharat Forge.

Is ZF Commercial overvalued or undervalued?

As of March 24, 2025, ZF Commercial is considered overvalued with a PE ratio of 57.04 and a Price to Book Value of 8.17, especially when compared to peers like Samvardhana Motherson, indicating that its current stock price is not justified despite recent strong performance.

As of 24 March 2025, ZF Commercial's valuation grade has moved from fair to expensive, indicating a shift towards overvaluation. The company is currently assessed as overvalued, with a PE ratio of 57.04, a Price to Book Value of 8.17, and an EV to EBITDA of 39.38. These ratios suggest that the stock is trading at a premium compared to its earnings and book value.<BR><BR>In comparison to its peers, ZF Commercial's valuation stands out, particularly against Samvardhana Motherson, which has a PE ratio of 29.14 and an EV to EBITDA of 11.53, indicating a more attractive valuation. Other peers like Bosch and Uno Minda are also considered expensive, with PE ratios of 46.21 and 66.72, respectively. Despite ZF Commercial's recent stock performance outpacing the Sensex over the past week and month, the overall valuation metrics suggest that the stock is not justified at its current price levels.

Who are in the management team of ZF Commercial?

As of March 2023, the management team of ZF Commercial includes P Kaniappan (Managing Director), M Lakshminarayan (Chairman), Lakshmi Venu, Christian Brenneke, Philippe Colpron, Mahesh R Chhabria (Independent Directors), and M Muthulakshmi (Company Secretary), with varying remuneration levels.

As of March 2023, the management team of ZF Commercial includes the following members:<BR><BR>1. P Kaniappan - Managing Director (Remuneration: INR 5.89 crore)<BR>2. M Lakshminarayan - Chairman & Independent Director (Remuneration: INR 34.0 lakhs)<BR>3. Lakshmi Venu - Independent Director (Remuneration: INR 26.8 lakhs)<BR>4. Christian Brenneke - Director (Remuneration: INR 0)<BR>5. Philippe Colpron - Director (Remuneration: INR 0)<BR>6. Mahesh R Chhabria - Independent Director (Remuneration: INR 38.2 lakhs)<BR>7. M Muthulakshmi - Company Secretary & Compliance Officer (Remuneration: INR 0)<BR><BR>This team comprises a mix of managing directors, independent directors, and compliance officers, reflecting a diverse leadership structure.

What does ZF Commercial do?

ZF Commercial Vehicle Control Systems India Ltd is a large-cap company in the auto components industry, specializing in vehicle control systems. As of March 2025, it reported net sales of ₹10,119 Cr and a net profit of ₹1,267 Cr.

Overview:<BR>ZF Commercial Vehicle Control Systems India Ltd operates in the auto components and equipment industry, classified as a large-cap company.<BR><BR>History:<BR>The company was originally incorporated on November 18, 2004, as Auto (India) Engineering Limited. It changed its name to Wabco India Limited on August 2, 2011, and was renamed ZF Commercial Vehicle Control Systems India Limited on March 7, 2022. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 10,119 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 1,267 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: INR 24,867 Cr (Large Cap)<BR><BR>Key Metrics:<BR>- P/E: 54.00<BR>- Industry P/E: 39<BR>- Dividend Yield: 0.13%<BR>- Debt Equity: -0.44<BR>- Return on Equity: 14.33%<BR>- Price to Book: 7.78<BR><BR>Contact Details:<BR>- Address: Plot No 3 (SP) III Main Road, Ambattur Industrial Estate Chennai Tamil Nadu : 600058<BR>- Tel: 91-44-42242000<BR>- Email: info.india@wabco-auto.com<BR>- Website: http://www.wabcoindia.com

Who are the top shareholders of the ZF Commercial?

The top shareholders of ZF Commercial include Wabco Asia Private Ltd with 63.16%, mutual funds with 21.83%, foreign institutional investors at 5.57%, and individual investors holding 6.06%. There are no pledged promoter holdings or significant public shareholders.

The top shareholders of ZF Commercial primarily consist of its promoters. The largest promoter is Wabco Asia Private Ltd, which holds a significant 63.16% of the shares. Additionally, mutual funds collectively hold 21.83% of the company through 27 schemes, while foreign institutional investors (FIIs) own 5.57% across 97 different entities. Individual investors have a stake of 6.06%. There are no pledged promoter holdings or notable public shareholders listed.

How has been the historical performance of ZF Commercial?

ZF Commercial has shown consistent growth from March 2022 to March 2025, with net sales increasing from 2,543.35 Cr to 3,830.96 Cr, and significant improvements in operating profit, profit before tax, and earnings per share. The company's total assets rose from 2,618.21 Cr to 3,760.25 Cr, reflecting enhanced financial health.

Answer:<BR>The historical performance of ZF Commercial shows a consistent growth trend across various financial metrics from March 2022 to March 2025.<BR><BR>Breakdown:<BR>In terms of net sales, ZF Commercial reported an increase from 2,543.35 Cr in March 2022 to 3,830.96 Cr in March 2025, reflecting a strong upward trajectory. Total operating income followed a similar trend, rising from 2,543.35 Cr in March 2022 to 3,830.96 Cr in March 2025. The company's total expenditure, excluding depreciation, also grew from 2,290.81 Cr in March 2022 to 3,199.89 Cr in March 2025, although it saw a slight decrease from 3,249.22 Cr in March 2024. Operating profit, excluding other income, increased significantly from 252.54 Cr in March 2022 to 631.07 Cr in March 2025, showcasing improved operational efficiency. Profit before tax rose from 195.74 Cr in March 2022 to 609.32 Cr in March 2025, while profit after tax also saw substantial growth from 142.07 Cr to 460.73 Cr over the same period. The earnings per share (EPS) improved markedly from 74.93 in March 2022 to 243.0 in March 2025, indicating enhanced shareholder value. On the balance sheet, total assets increased from 2,618.21 Cr in March 2022 to 3,760.25 Cr in March 2025, with total liabilities rising from 2,114.08 Cr to 3,214.54 Cr. Cash flow from operating activities improved from 138.00 Cr in March 2022 to 286.00 Cr in March 2025, contributing to a net cash inflow of 15.00 Cr in March 2025, compared to a net outflow in previous years. Overall, ZF Commercial has demonstrated robust growth and improved financial health over the past few years.

Is ZF Commercial technically bullish or bearish?

As of December 1, 2025, the market trend is bullish, supported by strong MACD and Bollinger Bands indicators, although caution is advised due to a bearish KST signal on the weekly chart, with the current price at 14,817.50, well above the previous close of 13,201.45 and near the 52-week high of 15,300.00.

As of 1 December 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate a bullish trend on both time frames. Daily moving averages confirm a bullish outlook. However, the KST shows a bearish signal on the weekly chart, which suggests some caution. Overall, the strength of the bullish trend is reinforced by the recent price action, with the current price at 14,817.50, significantly above the previous close of 13,201.45 and near the 52-week high of 15,300.00.

Are ZF Commercial Vehicle Control System India Ltd latest results good or bad?

ZF Commercial Vehicle Control Systems India Ltd's latest results show strong revenue and profit growth, with a net profit of ₹146.32 crores and record revenue of ₹1,155.23 crores. However, concerns arise from declining operating margins, indicating challenges in cost management.

The latest results for ZF Commercial Vehicle Control Systems India Ltd show a mixed performance. On the positive side, the company reported a net profit of ₹146.32 crores for Q4 FY26, which reflects a sequential increase of 4.39% and a year-on-year growth of 15.47%. Additionally, revenue reached an all-time high of ₹1,155.23 crores, marking a 7.47% increase quarter-on-quarter and a 14.17% increase year-on-year. This indicates strong demand for their products in the commercial vehicle sector.<BR><BR>However, there are significant concerns regarding margin compression. The operating margin (excluding other income) fell to 16.44%, down from 18.52% in the previous quarter, indicating challenges in managing costs, particularly with a notable increase in employee expenses. This margin decline suggests that while revenue is growing, the company is facing difficulties in translating that growth into profit effectively.<BR><BR>Overall, while the revenue and profit figures are encouraging, the margin pressures raise concerns about the company's operational efficiency and cost management. Investors might view the results as a mixed bag, highlighting both the strengths in revenue growth and the challenges in maintaining profitability.

Should I buy, sell or hold ZF Commercial Vehicle Control System India Ltd?

Why is ZF Commercial Vehicle Control System India Ltd falling/rising?

As of 26-May, ZF Commercial Vehicle Control System India Ltd's stock is experiencing a short-term decline of 0.89% after a trend reversal, but it has a strong annual return of 13.49% and solid fundamentals, indicating a positive long-term outlook despite current selling pressure.

As of 26-May, ZF Commercial Vehicle Control System India Ltd's stock price is currently falling, with a change of -133.5, representing a decline of 0.89%. This decrease follows a trend reversal after four consecutive days of gains, indicating a shift in market sentiment. Despite today's decline, the stock has shown strong performance over the past year, achieving a return of 13.49%, significantly outperforming the broader market, which has seen a negative return of 7.50% in the same period.<BR><BR>The stock's performance today is described as inline with the sector, and it reached an intraday high of Rs 15,376.6, reflecting a 2.65% increase at that peak. However, the weighted average price indicates that more volume was traded closer to the low price, suggesting some selling pressure. Additionally, while the stock is trading above its moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), which typically indicates a bullish trend, the recent decline could be attributed to profit-taking after the previous gains.<BR><BR>Investor participation has increased, with a delivery volume of 9.28k on 25 May, up by 17.38% against the 5-day average, indicating a healthy interest in the stock. Furthermore, the company remains net-debt free and has demonstrated robust long-term growth, with operating profit increasing at an annual rate of 34.45%. High institutional holdings at 32% also suggest confidence from more sophisticated investors.<BR><BR>In summary, while ZF Commercial Vehicle Control System India Ltd is experiencing a short-term decline, its strong historical performance, solid fundamentals, and increased investor interest indicate a complex situation where the stock's long-term outlook remains positive despite the current price drop.

Which are the latest news on ZF Commercial?