ZF Commercial Vehicle Control Systems India Limited ZFCVINDIA NIFTY_SMALLNSE
Company Overview
ZF Commercial Vehicle Control Systems India Limited engages in supplying systems for automotive and industrial technology in India and internationally. The company offers air suspension solutions, automatic transmissions, axle drives and systems, brake components, brake control and systems, chassis components, condition monitoring system, control units, damping technology, driveline components, electric drives, functions, hardware, hybrid drives, mechatronic systems, power electronics, sensors, software, software and electronics, steering systems, and systems solutions. ZF Commercial Vehicle Control Systems India Limited was formerly known as WABCO India Limited and changed its name to ZF Commercial Vehicle Control Systems India Limited in March 2022. The company was incorporated in 2004 and is headquartered in Chennai, India. ZF Commercial Vehicle Control Systems India Limited is a subsidiary of WABCO Asia Private Limited.
Why Investors Should Care
Return on capital employed stands at 18.5%.
Net profit has compounded at 17.6% per year over the last five years.
Trades at a P/E of 8.5, below the sector median of 30.4.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹4,090.90 Cr (+7.8% YoY); net profit ₹517.15 Cr.
- Trailing 12 Months Year-on-year growth — revenue +7.8%, earnings +12.2%.
- 5-Year Trend Long-term compounding — revenue CAGR 6.2%, profit CAGR 17.6%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 6.19% |
| 1 Year: | 7.83% |
Compounded Profit Growth
| 5 Years: | 17.64% |
| 1 Year: | 12.25% |
Stock Price Performance
| 1 Year: | +7.11% |
| 6 Months: | -1.96% |
| 3 Months: | -2.74% |
| 1 Month: | -7.47% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)36.75 · Neutral
P/E of 8.52 is below the sector median of 30.43 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Profit CAGR of 17.6% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Consumer Cyclical).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ZFCVINDIA ZF Commercial Vehicle Control Systems India Limited NIFTY_SMALLNSE | 2,323.50 | 8.52 | ₹26,442.71 Cr | 0.17% | 18.54% | 14.01% | 6.19% | 17.64% |
| 2 | MARUTI Maruti Suzuki India Limited NIFTY50NSEAI | 13,542.00 | 29.36 | ₹4.26 L Cr | 1.01% | 17.22% | 13.70% | 16.60% | 21.11% |
| 3 | TITAN Titan Company Limited NIFTY50NSE | 4,602.10 | 80.47 | ₹4.09 L Cr | 0.33% | 38.43% | 32.31% | 29.24% | 16.00% |
| 4 | M&M Mahindra & Mahindra Limited NIFTY50NSEAI | 3,108.80 | 20.43 | ₹3.87 L Cr | 1.05% | 17.14% | 18.37% | 17.50% | 18.48% |
| 5 | BAJAJ-AUTO Bajaj Auto Limited NIFTY50NSE | 10,348.50 | 26.92 | ₹2.89 L Cr | 1.48% | 26.12% | 27.67% | 19.49% | 21.03% |
| 6 | ETERNAL Eternal Limited NSEAITECH | 290.35 | 744.49 | ₹2.80 L Cr | 0.00% | 2.87% | 1.18% | 97.70% | 45.90% |
| 7 | EICHERMOT Eicher Motors Limited NIFTY50NSEAI | 7,354.50 | 42.67 | ₹2.02 L Cr | 1.11% | 26.43% | 21.97% | 17.47% | 23.70% |
| 8 | TVSMOTOR TVS Motor Company Limited NSE | 3,644.70 | 57.37 | ₹1.73 L Cr | 0.33% | 28.82% | 31.56% | 20.21% | 31.46% |
| 9 | HYUNDAI HYUNDAI MOTOR INDIA LTD NSE | 2,035.00 | 30.44 | ₹1.65 L Cr | 1.06% | 32.62% | 27.14% | 5.50% | 4.87% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 977.00 Cr | 967.00 Cr | 992.00 Cr | 899.00 Cr | 959.00 Cr | 946.00 Cr | 911.00 Cr | 962.41 Cr | 1,010.12 Cr | 975.55 Cr | - | 1,074.91 Cr | 1,147.93 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | 545.95 Cr | 589.12 Cr | 564.86 Cr | - | 606.09 Cr | 683.01 Cr |
| Gross Profit | - | - | - | - | - | - | - | 416.46 Cr | 420.99 Cr | 410.69 Cr | - | 468.82 Cr | 464.92 Cr |
| Operating Expenses | 833.00 Cr | 826.00 Cr | 846.00 Cr | 765.00 Cr | 813.00 Cr | 807.00 Cr | 771.00 Cr | 271.22 Cr | 277.88 Cr | 311.83 Cr | - | 302.64 Cr | 308.91 Cr |
| Operating Income | 117.00 Cr | 113.00 Cr | 118.00 Cr | 108.00 Cr | 117.00 Cr | 110.00 Cr | 109.00 Cr | 145.24 Cr | 143.12 Cr | 98.86 Cr | - | 166.19 Cr | 156.01 Cr |
| EBITDA | 144.00 Cr | 141.00 Cr | 145.00 Cr | 134.00 Cr | 146.00 Cr | 139.00 Cr | 140.00 Cr | 193.60 Cr | 202.23 Cr | 198.17 Cr | - | 221.21 Cr | 231.53 Cr |
| Interest Expense | 0 | 1.00 Cr | 1.00 Cr | 1.00 Cr | 1.00 Cr | 2.00 Cr | 1.00 Cr | 1.24 Cr | 1.41 Cr | 1.31 Cr | - | 1.78 Cr | 1.01 Cr |
| Pretax Income | 135.00 Cr | 134.00 Cr | 141.00 Cr | 135.00 Cr | 136.00 Cr | 134.00 Cr | 146.00 Cr | 160.52 Cr | 168.83 Cr | 164.15 Cr | - | 186.52 Cr | 196.58 Cr |
| Tax Provision | 33.75 Cr | 33.50 Cr | 35.25 Cr | 35.10 Cr | 35.36 Cr | 34.84 Cr | 36.50 Cr | 35.06 Cr | 42.11 Cr | 41.78 Cr | - | 46.34 Cr | 50.26 Cr |
| Net Income | 101.00 Cr | 100.00 Cr | 106.00 Cr | 101.00 Cr | 100.00 Cr | 99.00 Cr | 109.00 Cr | 125.46 Cr | 126.72 Cr | 122.38 Cr | - | 140.17 Cr | 146.32 Cr |
| Diluted EPS | 53.36 | 52.58 | 55.72 | 53.16 | 52.83 | 52.42 | 57.53 | - | 11.13 | 10.75 | 9.51 | 12.32 | 12.86 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 3,416.20 Cr | 3,784.43 Cr | 3,793.69 Cr | 4,090.90 Cr |
| Cost of Revenue | - | 2,337.85 Cr | 2,494.13 Cr | 2,361.65 Cr | 2,519.99 Cr |
| Gross Profit | - | 1,078.36 Cr | 1,290.30 Cr | 1,432.04 Cr | 1,570.91 Cr |
| Operating Expenses | - | 705.88 Cr | 830.49 Cr | 924.60 Cr | 1,035.57 Cr |
| Operating Income | - | 372.47 Cr | 459.80 Cr | 507.44 Cr | 535.33 Cr |
| EBITDA | - | 537.34 Cr | 661.24 Cr | 739.28 Cr | 830.26 Cr |
| Interest Expense | - | 5.67 Cr | 5.01 Cr | 5.70 Cr | 5.34 Cr |
| Pretax Income | - | 426.90 Cr | 546.43 Cr | 609.32 Cr | 693.12 Cr |
| Tax Provision | - | 109.22 Cr | 139.98 Cr | 148.59 Cr | 175.97 Cr |
| Net Income | - | 317.67 Cr | 406.45 Cr | 460.73 Cr | 517.15 Cr |
| Diluted EPS | - | 27.91 | 35.71 | 40.48 | 272.65 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 3,022.38 Cr | 3,381.63 Cr | 3,785.19 Cr | 4,425.50 Cr |
| Current Assets | - | 2,238.86 Cr | 2,474.77 Cr | 2,841.66 Cr | 3,492.80 Cr |
| Cash & Equivalents | - | 86.48 Cr | 114.46 Cr | 129.60 Cr | 191.73 Cr |
| Inventory | - | 156.96 Cr | 175.34 Cr | 190.57 Cr | 281.50 Cr |
| Receivables | - | 757.56 Cr | 936.33 Cr | 1,120.08 Cr | 941.50 Cr |
| Total Liabilities | - | 613.26 Cr | 591.31 Cr | 570.65 Cr | 734.92 Cr |
| Current Liabilities | - | 535.76 Cr | 510.00 Cr | 490.03 Cr | 658.89 Cr |
| Long Term Debt | - | - | - | - | - |
| Total Debt | - | 65.35 Cr | 68.44 Cr | 66.08 Cr | 54.82 Cr |
| Total Equity | - | 2,409.12 Cr | 2,790.32 Cr | 3,214.54 Cr | 3,690.58 Cr |
| Shares Outstanding | - | 11.38 Cr | 11.38 Cr | 11.38 Cr | 11.38 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 298.46 Cr | 192.86 Cr | 286.08 Cr | 810.16 Cr |
| Investing Cash Flow | - | -271.04 Cr | -130.92 Cr | -227.74 Cr | -707.43 Cr |
| Financing Cash Flow | - | -31.07 Cr | -34.12 Cr | -44.11 Cr | -52.09 Cr |
| Capital Expenditure | - | -127.82 Cr | -198.32 Cr | -166.35 Cr | -145.93 Cr |
| Free Cash Flow | - | 170.64 Cr | -5.46 Cr | 119.73 Cr | 664.22 Cr |
| Net Change in Cash | - | -3.66 Cr | 27.82 Cr | 14.23 Cr | 50.64 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 31.6% | 34.1% | 37.7% | 38.4% |
| Operating Margin % | - | 10.9% | 12.1% | 13.4% | 13.1% |
| Net Margin % | - | 9.3% | 10.7% | 12.1% | 12.6% |
| ROE % | - | 13.2% | 14.6% | 14.3% | 14.0% |
| ROCE % | - | 15.0% | 16.0% | 15.4% | 14.2% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for ZFCVINDIA
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ZFCVINDIA — Frequently Asked Questions
What is the current share price of ZF Commercial Vehicle Control Systems India Limited (ZFCVINDIA)?
As of 2026-07-15 09:52 IST, ZF Commercial Vehicle Control Systems India Limited (ZFCVINDIA) trades at ₹2,323.50 on NSE. Its 52-week range is ₹2,067.08 to ₹2,681.35.
What is the market capitalisation of ZFCVINDIA?
ZF Commercial Vehicle Control Systems India Limited (ZFCVINDIA) has a market capitalisation of ₹26,442.71 Cr on NSE.
What is the P/E ratio of ZFCVINDIA?
ZFCVINDIA trades at a trailing price-to-earnings (P/E) ratio of 8.52. The industry average P/E is 30.43. Its price-to-book (P/B) ratio is 7.16.
Does ZFCVINDIA pay a dividend?
ZF Commercial Vehicle Control Systems India Limited (ZFCVINDIA) currently offers a dividend yield of 0.17%.
What is the return on equity (ROE) of ZFCVINDIA?
ZFCVINDIA has a return on equity (ROE) of 14.01%. Its return on capital employed (ROCE) is 18.54%.
Is ZFCVINDIA a good stock to buy?
This page provides a data-driven analysis of ZF Commercial Vehicle Control Systems India Limited (ZFCVINDIA), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.