Z F Steering Gear (India) Ltd

Z F Steering Gear (India) Ltd share price ticked higher by 4.12% to Rs 786.45 after the company's net profit saw a mild growth of 2.80% to Rs 11.74 crore, while revenue from operations increased sharply by 28.96% to Rs 184.49 crore in Q3FY26 over Q2FY26. The market capitalization of Auto Components & Equipments industry group stocks on BSE stood at Rs 12.45 lakh crore, easing 6.50%. It has improved by 0.96% over last one week and dipped slightly by 0.94% in last one month while the market capitalization of Z F Steering Gear (India) Ltd has significantly gained 20.64% and 18.63% in the same period respectively. Profit before tax (PBT) of Z F Steering Gear (India) Ltd stood at Rs 17.55 crore in Q3 FY26, expanding by 17450.00% year-on-year, and rising by 11.85% quarter-on-quarter. EBITDA came in at Rs 21 crore, jumping 84.75% YoY and nosediving by 1543.84% sequentially. Total expenses jumped by 20.94% to Rs 169.44 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 115.17 crore, soaring by 26.13% YoY, while employee benefits expense was at Rs 23.64 crore, ticking higher by 4.88% YoY. For the TTM ended FY26, revenue from operations rose 15.63% to Rs 571.06 crore, while net profit slipped by 4.37% to Rs 12.04 crore, compared to previous TTM. EBITDA soared by 3593% to Rs 65.05 crore, and PBT expanded by 17.35% to Rs 28.75 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 98.57 crore in FY26, as against Rs 39.25 crore in FY25. Z F Steering Gear (India) Ltd nosedived by 20.53% in last one year, underperforming the benchmark BSE Sensex which has eased by 8.41% during the same period.

Z F Steering Gear (India) Ltd share price headed higher 5.09% to Rs 755.3 after the company's net profit saw a mild growth of 2.80% to Rs 11.74 crore, while revenue from operations increased sharply by 28.96% to Rs 184.49 crore in Q3FY26 over Q2FY26. The market capitalization of Auto Components & Equipments industry group stocks on BSE stood at Rs 12.48 lakh crore, gaining 5.76%. It has improved by 1.46% over last one week and softened by 2.23% in last one month while the market capitalization of Z F Steering Gear (India) Ltd has significantly gained 19.67% and 12.23% in the same period respectively. Profit before tax (PBT) of Z F Steering Gear (India) Ltd stood at Rs 17.55 crore in Q3 FY26, surging by 17450.00% year-on-year, and rising by 11.85% quarter-on-quarter. EBITDA came in at Rs 21 crore, jumping 84.75% YoY and plunging by 1543.84% sequentially. Total expenses soared by 20.94% to Rs 169.44 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 115.17 crore, witnessing a sharp rise of 26.13% YoY, while employee benefits expense was at Rs 23.64 crore, inching up 4.88% YoY. For the TTM ended FY26, revenue from operations advanced 15.63% to Rs 571.06 crore, while net profit slipped by 4.37% to Rs 12.04 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 3593% to Rs 65.05 crore, and PBT expanded by 17.35% to Rs 28.75 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 98.15 crore in FY26, as against Rs 39.25 crore in FY25. Z F Steering Gear (India) Ltd plunged by 23.68% in last one year, underperforming the benchmark BSE Sensex which has slipped by 9.87% during the same period.

ZF Steering Gear (India) Limited will hold a board meeting on Tuesday, November 3, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, along with the limited review reports from the statutory auditors.

ZF Steering Gear (India) Limited, in a filing with the BSE Limited on October 6, 2026, received a certificate from MUFG Intime India Private Limited, formerly Link Intime India Private Limited, confirming compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2026.

ZF Steering Gear (India) Limited will close its trading window for designated persons and their immediate relatives from October 1, 2026, until 48 hours after the declaration of unaudited standalone and consolidated financial results for the quarter and half year ending September 30, 2026, in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Z F Steering Gear (India) Ltd announced that ICRA reaffirmed its ratings for various instruments, including Long-term and Short-term Fund/ Non-fund Based – Working Capital Facilities amounting to Rs. 105.00, carrying ratings of [ICRA] A+ (Stable) and [ICRA] A1+ respectively, with the Long-term outlook reaffirmed as ‘Stable’; ICRA also reaffirmed ratings for its subsidiary, DriveSys Systems Private Limited, at [ICRA]BBB+(Stable) and [ICRA]A2, and noted that a rating is not provided for its Joint Venture, Metacast Auto Private Limited; ICRA’s ratings are constrained by modest scale, cyclicality, and the need for technology upgrades, while acknowledging a strong position in the domestic steering systems industry and presence in the commercial vehicle (CV) and tractor segments, alongside consolidated capex plans of Rs. 140-150 crore over FY2027 and FY2028; the agency also highlighted consolidated debt of Rs. 195.3 crore, a strong liquidity position with Rs. 87 crore in free cash and liquid investments, Rs. 30 crore in unutilised working capital limits, and ongoing legal matters including an alleged trademark infringement claim of Rs. 100 crore and suits for permanent injunction and passing off against ZF Friedrichshafen AG (ZF AG) totaling Rs. 400 crore, all based on consolidated financials, with the potential for a Long-term rating upgrade contingent on sustained improvement in scale and return indicators (RoCE).

Net profit of Z F Steering Gear (India) rose 55.21% to Rs 12.37 crore in the quarter ended June 2026 as against Rs 7.97 crore during the previous quarter ended June 2025. Sales rose 7.62% to Rs 143.06 crore in the quarter ended June 2026 as against Rs 132.93 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales143.06132.93 8 OPM %9.3213.65 - PBDT26.0621.47 21 PBT15.6910.76 46 NP12.377.97 55 Powered by Capital Market - Live

ZF Steering Gear (India) will hold a meeting of the Board of Directors of the Company on 24 July 2026.

ZF Steering Gear (India) announced that the Annual General Meeting(AGM) of the company will be held on 27 July 2026.

The company said that the Framework Co-operation Agreement is preliminary in nature and serves as a framework for further discussions between the parties. The said announcement snapped the stock's three days losing streak. The scrip declined 4.45% to end at Rs 672.60 on Thursday (25 June 2026), from its recent closing high of Rs 703.95 recorded on Monday (22 June 2026). The stock has gained 3.69% over the past month, outperforming the Sensex, which rose 2.55% during the same period. Over the last three months, the counter surged 12.46%, compared with a 0.26% decline in the benchmark index. On the technical front, the stock's 14-day Relative Strength Index (RSI) stood at 54.76, indicating neutral momentum. The stock was also trading above its 10-day and 20-day simple moving averages of Rs 698.43 and Rs 675.86, respectively, suggesting a positive near-term trend. ZF Steering Gear (India) is engaged in the business of production & assembling of steering systems for vehicles, buses and tractors. The company reported consolidated net loss of Rs 0.03 crore in Q4 FY26, compared with net profit of Rs 3.87 crore in Q4 FY25. Revenue from operations jumped 27.24% YoY to Rs 174.34 crore in Q4 FY26.Powered by Capital Market - Live