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ZF Commercial Vehicle Control Systems India Ltd

ZF Commercial Vehicle Control Systems India Ltd

ZFCVINDIA Share Price

NSE
15,164.002.21% (-342.00)
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With a market cap of ₹28,762 cr, stock is ranked 273

Stock is 2.56x as volatile as Nifty

ZFCVINDIA Stock Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹28,762 cr, stock is ranked 273

Stock is 2.56x as volatile as Nifty

ZFCVINDIA Performance & Key Metrics

ZFCVINDIA Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
57.818.950.13%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
42.005.960.66%

ZFCVINDIA Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 5 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

ZFCVINDIA Company Profile

ZF Commercial Vehicle Control Systems India Limited, formerly WABCO India Limited, is an India-based company that is primarily engaged in manufacturing air brake actuation systems for commercial vehicles.

Investor Presentation

View older View older 

May 26, 2025

PDF
View Older Presentations

ZFCVINDIA Similar Stocks (Peers)

Compare with peers Compare with peers 

ZFCVINDIA Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
36.95
36.95
1Y Return
62.75%
62.75%
Buy Reco %
86.36
86.36
BOSCHLTD
PE Ratio
53.31
53.31
1Y Return
35.80%
35.80%
Buy Reco %
50.00
50.00
PE Ratio
72.78
72.78
1Y Return
43.31%
43.31%
Buy Reco %
58.82
58.82
PE Ratio
59.20
59.20
1Y Return
41.61%
41.61%
Buy Reco %
87.50
87.50
PE Ratio
44.77
44.77
1Y Return
47.30%
47.30%
Buy Reco %
100.00
100.00
Compare with Peers

ZFCVINDIA Sentiment Analysis

ZFCVINDIA Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

ZFCVINDIA Stock Summary · February 2026

In Q3 FY '25-26, the company achieved a significant milestone by surpassing INR 1,100 crores in revenue, reflecting a 12.8% year-on-year growth, despite facing export challenges, particularly in the U.S. market. The stable EBITDA margin of 20% and an 11.7% increase in profit after tax underscore its resilience amid external pressures. Growth opportunities are emerging in the domestic market, driven by increased demand from PSU oil and gas customers and a booming commercial vehicle sector, particularly for electric buses. Strategic initiatives, including the recent EU Free Trade Agreement and enhanced service capabilities, position the company favorably for future expansion, even as it navigates competitive pricing pressures and regulatory changes.

ZFCVINDIA Stock Growth Drivers
ZFCVINDIA Stock Growth Drivers
8
  • Strong Financial Performance

    In Q3 FY '25-26, the company reported total revenues of INR 1,105 crores, marking a

  • Growth in Commercial Vehicle Segment

    The commercial vehicle (CV) industry, particularly for vehicles over 6 tonnes, has shown significant momentum,

ZFCVINDIA Stock Challenges
ZFCVINDIA Stock Challenges
5
  • Decline in Export Performance

    In Q3 FY 2025-26, the company experienced a 10.9% decline in export performance compared to

  • Weak Trailer Production

    There has been a 6-7% decline in overall trailer production in the third quarter compared

ZFCVINDIA Forecast

ZFCVINDIA Forecasts

Price

Revenue

Earnings

ZFCVINDIA

ZFCVINDIA

Income

Balance Sheet

Cash Flow

ZFCVINDIA Income Statement

ZFCVINDIA Income Statement

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Quartersep 2023dec 2023mar 2024jun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025
Total Revenue1,015.84927.96978.54971.06950.18978.931,038.991,042.15958.211,104.96
Operating & Other expensessubtract846.22764.93812.57806.79771.00785.33836.77843.99778.86883.75
Depreciation/Amortizationsubtract27.0726.2328.8228.9731.4431.8431.9932.7132.2432.91
Interest & Other Itemssubtract1.331.380.971.771.291.241.411.311.241.78
Taxes & Other Itemssubtract35.5434.5835.9834.0937.3335.0642.1141.7737.5946.35
EPS55.7253.1652.8352.4257.5366.1566.8164.5257.0873.90

ZFCVINDIA Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2025FY 2025

Annual report

PDF

Investor Presentation

May 26PDF
Nov 12PDF
FY 2024FY 2024

Annual report

PDF
FY 2023FY 2023

Annual report

PDF

Investor Presentation

Aug 4PDF
FY 2022FY 2022

Annual report

PDF
FY 2021FY 2021

Annual report

PDF
FY 2020FY 2020

Annual report

PDF
FY 2019FY 2019

Annual report

PDF
FY 2018FY 2018

Annual report

PDF

Investor Presentation

Sep 14PDF
FY 2017FY 2017

Annual report

PDF
FY 2016FY 2016

Annual report

PDF
 

ZFCVINDIA Stock Peers

ZFCVINDIA Past Performance & Peer Comparison

ZFCVINDIA Past Performance & Peer Comparison

Comparing 3 stocks from 
Consumer DiscretionaryAuto Parts

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
ZF Commercial Vehicle Control Systems India Ltd62.438.950.13%
Samvardhana Motherson International Ltd36.953.790.43%
Bosch Ltd53.317.781.41%
UNO Minda Ltd72.7811.230.19%

ZFCVINDIA Stock Price Comparison

Compare ZFCVINDIA with any stock or ETF
Compare ZFCVINDIA with any stock or ETF
ZFCVINDIA
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ZFCVINDIA Holdings

ZFCVINDIA Shareholdings

ZFCVINDIA Promoter Holdings Trend

ZFCVINDIA Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

ZFCVINDIA Institutional Holdings Trend

ZFCVINDIA Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

ZFCVINDIA Shareholding Pattern

ZFCVINDIA Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding60.00%25.73%0.95%5.37%7.95%

Mar 2025

Jun 2025

Sep 2025

Dec 2025

ZFCVINDIA Shareholding History

ZFCVINDIA Shareholding History

SepDec '24MarJunSepDec '254.13%5.10%5.57%5.73%5.79%5.37%

Mutual Funds Invested in ZFCVINDIA

Mutual Funds Invested in ZFCVINDIA

No mutual funds holding trends are available

Top 5 Mutual Funds holding ZF Commercial Vehicle Control Systems India Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
3.5675%3.05%2.10%4/81 (+40)
1.8808%0.91%0.13%27/71 (+3)
1.7328%1.22%0.21%62/103 (+3)

Compare 3-month MF holding change on Screener

ZFCVINDIA Insider Trades & Bulk Stock Deals

ZFCVINDIA Insider Trades & Bulk Stock Deals

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smallcases containing ZFCVINDIA stock

smallcases containing ZFCVINDIA stock

Looks like this stock is not in any smallcase yet.

ZFCVINDIA Events

ZFCVINDIA Events

ZFCVINDIA Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

ZFCVINDIA Dividend Trend

No dividend trend available

ZFCVINDIA Upcoming Dividends

ZFCVINDIA Upcoming Dividends

No upcoming dividends are available

ZFCVINDIA Past Dividends

ZFCVINDIA Past Dividends

Cash Dividend

Ex DateEx DateAug 8, 2025

Final
Final | Div/Share: ₹19.00

Dividend/Share

19.00

Ex DateEx Date

Aug 8, 2025

Cash Dividend

Ex DateEx DateJul 15, 2024

Final
Final | Div/Share: ₹17.00

Dividend/Share

17.00

Ex DateEx Date

Jul 15, 2024

Cash Dividend

Ex DateEx DateJul 7, 2023

Final
Final | Div/Share: ₹13.00

Dividend/Share

13.00

Ex DateEx Date

Jul 7, 2023

Cash Dividend

Ex DateEx DateJul 7, 2022

Final
Final | Div/Share: ₹12.00

Dividend/Share

12.00

Ex DateEx Date

Jul 7, 2022

Cash Dividend

Ex DateEx DateSep 16, 2021

Final
Final | Div/Share: ₹11.00

Dividend/Share

11.00

Ex DateEx Date

Sep 16, 2021

ZFCVINDIA Stock News & Opinions

ZFCVINDIA Stock News & Opinions

Spotlight
ZF Commercial Vehicle gains as Q3 PAT jumps 12% YoY to Rs 140 cr

The company's revenue from operations jumped 11.68% YoY to Rs 1,074.91 crore in Q3 FY26. Total expenses rose 11.25% YoY to Rs 910.50 crore in Q3 FY26. The cost of material consumed was at Rs 595.82 crore (up 9.89% YoY) and employee benefits expenses stood at Rs 145.77 crore (up 3.78% YoY) during the period under review. Profit before tax in Q3 FY26 stood at Rs 186.51 crore, up 16.19%, compared with Rs 160.51 crore recorded in the same period last year. ZF Commercial Vehicle Control Systems India, part of ZF Group Commercial Vehicle Solutions Division, is a market leader for advanced braking systems, conventional braking products and related air assisted technologies and systems in India. The company provides industry-leading solutions in the autonomous, connected and electric (ACE) domains to commercial vehicle industry in India. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Earnings
ZF Commercial Vehicle Control System India consolidated net profit rises 11.72% in the December 2025 quarter

Net profit of ZF Commercial Vehicle Control System India rose 11.72% to Rs 140.17 crore in the quarter ended December 2025 as against Rs 125.46 crore during the previous quarter ended December 2024. Sales rose 11.69% to Rs 1074.91 crore in the quarter ended December 2025 as against Rs 962.41 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales1074.91962.41 12 OPM %18.5218.40 - PBDT227.37192.36 18 PBT194.46160.52 21 NP140.17125.46 12 Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
ZF Commercial Vehicle Contl.Sys.India to convene board meeting

ZF Commercial Vehicle Contl.Sys.India will hold a meeting of the Board of Directors of the Company on 10 February 2026.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
ZFCVINDIA receives business nomination from an Indian E-Mobility CV OEM

ZF Commercial Vehicle Control Systems India (CVCS) has secured business nomination from a leading E-Mobility CV OEM in India to develop and calibrate an Advanced Driver Assistance Systems (ADAS) suite tailored to the upcoming Indian safety regulation (GSR 184e). This ZF solution is market-ready for India and is certified by the Automotive Research Association of India (ARAI) for full compliance with the upcoming Indian safety regulation (GSR 184e). Developed for scalability, the solution supports SAE Level 2 automation and is designed to enable higher automation levels for global applications, while addressing the unique and current challenges of Indian road conditions. This business nomination includes key ADAS components and systems designed for coaches, heavy-duty trucks, and tractor-trailers, ensuring robust performance across diverse commercial vehicle platforms.Powered by Capital Market - Live

2 months agoCapital Market - Live
Earnings
ZF Commercial Vehicle Control System India consolidated net profit declines 0.77% in the September 2025 quarter

Net profit of ZF Commercial Vehicle Control System India declined 0.77% to Rs 108.28 crore in the quarter ended September 2025 as against Rs 109.12 crore during the previous quarter ended September 2024. Sales rose 0.26% to Rs 913.24 crore in the quarter ended September 2025 as against Rs 910.91 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales913.24910.91 0 OPM %14.7115.36 - PBDT178.11177.89 0 PBT145.87146.45 0 NP108.28109.12 -1 Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
ZF Commercial Vehicle Contl.Sys.India to convene board meeting

ZF Commercial Vehicle Contl.Sys.India will hold a meeting of the Board of Directors of the Company on 4 November 2025.Powered by Capital Market - Live

4 months agoCapital Market - Live
Earnings
ZF Commercial Vehicle Control System India consolidated net profit rises 23.08% in the June 2025 quarter

Net profit of ZF Commercial Vehicle Control System India rose 23.08% to Rs 122.38 crore in the quarter ended June 2025 as against Rs 99.43 crore during the previous quarter ended June 2024. Sales rose 3.15% to Rs 975.56 crore in the quarter ended June 2025 as against Rs 945.76 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales975.56945.76 3 OPM %13.4914.69 - PBDT196.86162.50 21 PBT164.15133.53 23 NP122.3899.43 23 Powered by Capital Market - Live

6 months agoCapital Market - Live
Corporate
ZF Commercial Vehicle Control System announces appointment of Head - Legal

ZF Commercial Vehicle Control System India announced that K Inbarajan who has been appointed as Head ' Legal in the Capacity of Senior Management Personnel of the Company, has joined the Company on 30 July 2025.Powered by Capital Market - Live

6 months agoCapital Market - Live
Corporate
ZF Commercial Vehicle Contl.Sys.India to table results

ZF Commercial Vehicle Contl.Sys.India will hold a meeting of the Board of Directors of the Company on 12 August 2025.Powered by Capital Market - Live

7 months agoCapital Market - Live
Corporate
Paramjit Singh Chadha take charge as MD of ZF Commercial Vehicle Control System India

ZF Commercial Vehicle Control Systems India announced that Paramjit Singh Chadha (DIN: 06972549) who has been appointed as the Managing Director of the Company, has joined the Company, today i.e. 1 July 2025 and taken over the office of the Managing Director. Powered by Capital Market - Live

7 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of ZF Commercial Vehicle Control Systems India Ltd (ZFCVINDIA) today?

    The share price of ZFCVINDIA as on 27th February 2026 is ₹15164. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on ZF Commercial Vehicle Control Systems India Ltd (ZFCVINDIA) share?

    The past returns of ZF Commercial Vehicle Control Systems India Ltd (ZFCVINDIA) share are
    • Past 1 week: -0.24%
    • Past 1 month: 11.30%
    • Past 3 months: 15.80%
    • Past 6 months: 7.31%
    • Past 1 year: 38.67%
    • Past 3 years: 46.14%
    • Past 5 years: 157.53%

  3. What are the peers or stocks similar to ZF Commercial Vehicle Control Systems India Ltd (ZFCVINDIA)?

    The peers or stocks similar to ZF Commercial Vehicle Control Systems India Ltd (ZFCVINDIA) include:

  4. What is the dividend yield % of ZF Commercial Vehicle Control Systems India Ltd (ZFCVINDIA) share?

    The current dividend yield of ZF Commercial Vehicle Control Systems India Ltd (ZFCVINDIA) is 0.13.

  5. What is the market cap of ZF Commercial Vehicle Control Systems India Ltd (ZFCVINDIA) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of ZF Commercial Vehicle Control Systems India Ltd (ZFCVINDIA) is ₹28762.44 Cr as of 27th February 2026.

  6. What is the 52 week high and low of ZF Commercial Vehicle Control Systems India Ltd (ZFCVINDIA) share?

    The 52-week high of ZF Commercial Vehicle Control Systems India Ltd (ZFCVINDIA) is ₹16665 and the 52-week low is ₹10425.

  7. What is the PE and PB ratio of ZF Commercial Vehicle Control Systems India Ltd (ZFCVINDIA) stock?

    The P/E (price-to-earnings) ratio of ZF Commercial Vehicle Control Systems India Ltd (ZFCVINDIA) is 62.43. The P/B (price-to-book) ratio is 8.95.

  8. Which sector does ZF Commercial Vehicle Control Systems India Ltd (ZFCVINDIA) belong to?

    ZF Commercial Vehicle Control Systems India Ltd (ZFCVINDIA) belongs to the Consumer Discretionary sector & Auto Parts sub-sector.

  9. How to buy ZF Commercial Vehicle Control Systems India Ltd (ZFCVINDIA) shares?

    You can directly buy ZF Commercial Vehicle Control Systems India Ltd (ZFCVINDIA) shares on Tickertape. Simply sign up, connect your demat account and place your order.