ZF Commercial Vehicle Control Systems India Limited

Automobile and Auto Components · Auto Components

NSE: ZFCVINDIA BSE: 533023

₹2341.00

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Auto Components

The largest companies in the same industry by market cap. This company ranks #14 of 144. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Samvardhana Motherson International Limited	172,312	96.6	9.4%	54.0%	0.37%	57	21	51
Bosch Limited	138,927	58.9	18.7%	22.9%	0.57%	84	0	50
Bharat Forge Limited	92,080	112.5	11.4%	57.9%	0.44%	50	0	63
UNO Minda Limited	67,564	71.6	17.7%	-11.7%	0.23%	67	0	30
Schaeffler India Limited	60,913	47.2	18.2%	-6.8%	—	80	23	30
MRF Limited	53,133	22.7	11.5%	-15.8%	0.19%	69	73	14
Sona BLW Precision Forgings Limited	51,629	69.2	10.3%	100.6%	0.41%	74	21	86
Tube Investments of India Limited	45,972	56.2	7.9%	-23.0%	0.15%	71	28	8
ZF Commercial Vehicle Control Systems India Limited (this stock)	26,642	11.0	14.0%	-82.1%	0.17%	59	48	44

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹26,455 Cr

EV / EBITDA

33.6x

EV / Sales

6.40x

Market cap / Sales

6.44x

Earnings yield

9.08%

Quarterly Financials

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Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 1,078 Cr, up 4.6% YoY.

↓ Negative

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 99 Cr, down 17.5% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	1,042	134	99	₹8.7100
March 31, 2026	1,133	190	141	₹74.5200
Dec. 31, 2025	1,058	185	139	₹73.1200
Sept. 30, 2025	902	144	106	₹56.1300
June 30, 2025	963	161	120	₹63.3600
March 31, 2025	1,003	167	125	₹66.0000
Dec. 31, 2024	956	160	125	₹65.8540
Sept. 30, 2024	907	147	109	₹57.6500
June 30, 2024	938	133	99	₹52.3100
March 31, 2024	956	137	101	₹53.2900
Dec. 31, 2023	887	134	100	₹52.5200
Sept. 30, 2023	981	140	104	₹55.0100
June 30, 2023	961	134	100	₹52.5900

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	1,078	1,175	1,090	946	1,030	1,031	973	946	964	976	917	1,005	982
Operating revenue	1,042	1,133	1,058	902	963	1,003	956	907	938	956	887	981	961
Other income	36	42	32	45	67	27	17	40	26	20	30	24	21
Operating expenses	911	950	863	770	835	831	781	767	800	809	756	837	819
Operating profit	130	183	195	132	128	172	175	139	138	147	131	144	141
Operating profit margin	12.5%	16.1%	18.4%	14.7%	13.3%	17.2%	18.3%	15.4%	14.7%	15.4%	14.8%	14.7%	14.7%
Depreciation	32	33	32	32	32	32	31	31	29	29	26	27	28
Interest	1	1	1	1	1	1	1	1	2	1	1	1	1
Exceptional items, gain / (loss)	—	—	-8	—	—	—	—	—	—	—	—	—	—
Profit before tax	134	190	185	144	161	167	160	147	133	137	134	140	134
Tax	34	49	46	37	41	42	35	37	34	36	34	36	34
Net profit	99	—	139	106	120	125	125	109	99	101	100	104	100
EPS	8.71	74.52	73.12	56.13	63.36	66.00	65.85	57.65	52.31	53.29	52.52	55.01	52.59
Net profit (TTM)	—	—	491	477	480	459	435	409	404	405	405	391	355
EPS (TTM)	212.48	267.13	258.61	251.34	252.86	241.81	229.10	215.77	213.13	213.41	213.48	206.00	187.18

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	4,055	680	507
March 31, 2025	3,804	607	459
March 31, 2024	3,784	544	405
March 31, 2023	3,445	427	318

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	6.5%	17.4%	4,241^†	3,914^†	3,879^†	3,512^†	2,581^†	1,902^†	1,993^†	2,927^†	2,662^†	2,244^†
Operating revenue	5.6%	16.8%	4,055	3,804	3,784	3,445	2,543^†	1,864^†	1,930^†	2,853^†	2,611^†	2,208^†
Other income	—	—	186^†	110^†	96^†	67^†	38^†	39^†	64^†	74^†	51^†	36^†
Operating expenses	—	—	3,418^†	3,179^†	3,221^†	2,974^†	2,291^†	1,658^†	1,678^†	—	—	—
Operating profit	10.7%	25.4%	637^†	625^†	563^†	470^†	253^†	206^†	251^†	—	—	—
Operating profit margin	—	—	15.7%^†	16.4%^†	14.9%^†	13.7%^†	9.9%^†	11.0%^†	13.0%^†	—	—	—
Depreciation	—	—	130^†	123^†	109^†	105^†	92^†	90^†	90^†	71^†	—	62^†
Interest	—	—	5^†	6^†	5^†	6^†	2^†	2^†	2^†	—	2^†	—
Exceptional items, gain / (loss)	—	—	-8^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†
Profit before tax	16.8%	34.9%	680	607	544	427	196^†	152^†	223^†	411^†	382^†	300^†
Tax	—	—	174^†	148^†	140^†	109^†	54^†	48^†	65^†	129^†	109^†	—
Net profit	16.8%	37.3%	507	459	405	318	142^†	104^†	159^†	282^†	273^†	213^†
EPS	16.8%	37.3%	267.13^†	241.81^†	213.41^†	167.49^†	74.89^†	54.72^†	83.73^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	15.7%^†	16.4%^†	14.9%^†	13.7%^†	9.9%^†	11.0%^†	13.0%^†	—	—	—
EBIT margin	16.9%^†	16.1%^†	14.5%^†	12.6%^†	7.8%^†	8.3%^†	11.7%^†	—	14.7%^†	—
PBT margin	16.8%	16.0%	14.4%	12.4%	7.7%^†	8.2%^†	11.6%^†	14.4%^†	14.6%^†	13.6%^†
Net margin	12.5%	12.1%	10.7%	9.2%	5.6%^†	5.6%^†	8.2%^†	9.9%^†	10.5%^†	9.7%^†
Interest coverage	129.65x^†	107.37x^†	109.69x^†	76.35x^†	103.93x^†	77.44x^†	117.36x^†	—	237.05x^†	—
Dividend payout	7.1%^†	7.0%^†	6.1%^†	7.2%^†	14.7%^†	0.0%^†	22.7%^†	—	—	—
Earnings retention	92.9%^†	93.0%^†	93.9%^†	92.8%^†	85.3%^†	100.0%^†	77.3%^†	—	—	—
Current ratio	5.60x	6.03x	—	—	—	—	—	—	—	—
Quick ratio	5.17x	5.63x	—	—	—	—	—	—	—	—
Debt to equity	0.00x	0.00x	—	—	—	—	—	—	—	—
Return on equity	13.8%	14.3%	—	—	—	—	—	—	—	—
Return on assets	11.6%	12.2%	—	—	—	—	—	—	—	—
Return on capital employed	18.3%^†	18.6%^†	—	—	—	—	—	—	—	—
Asset turnover	0.93x	1.01x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	809	-709	-52	143	667
March 31, 2025	274	-212	-44	158	116
March 31, 2024	193	-136	-34	178	14
March 31, 2023	299	-271	-31	128	171
March 31, 2022	138	-178	-28	101	38

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	4,368	3,676	3,667	0	0	3,449	616	187	694	264
March 31, 2025	3,760	3,211	3,201	0	0	2,830	469	127	699	186
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.