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ZF Commercial Vehicle Control System India

ZF Commercial Vehicle Control System India

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14,714.00
112.00+0.77%
DAY14,663
₹14,714.00
14,968
Open14,789.00
Prev Close14,602.00
Bid14,713.26100
Ask14,714.74100
Volume9.8K22%vs 20D avg
Market Cap₹27,933.56 Cr
Promoter Hold.60%
Face Value₹5
Fwd P/E36.15
PEG
EV/EBITDA
P/S6.78
ROA7.97%
Beta
Div Payout6.97%
Valuation

ZF Commercial Vehicle Control System India Ltd valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for ZF Commercial Vehicle Control System India Ltd, framed against the sector median so the premium or discount is obvious at a glance.

ZF Commercial Vehicle Control System India Ltd trades at a P/E of 53.89× and P/B of 7.56×.

Key MetricsLive · as of 12 Jun 2026
the price tag

Valuation

Market Cap
₹27,933.56 Cr
P/E Ratio
watch53.89
P/B Ratio
watch7.56
EPS
273.06
the engine

Profitability

ROE
avg14.98%
ROCE
good20.1%
Net Margin
good12.73%
Op Margin
avg13.41%
the trajectory

Growth

EPS YoY
good46.1%
Revenue YoY
good32.7%
Qtr Sales
avg3.15%
Qtr Profit
good23.1%
the balance sheet

Financial Health

Debt / Equity
Book Value
1,945.73
Div Yield
avg0.03%
Promoter Hold.
good60%
Financials

ZF Commercial Vehicle Control System India Ltd financials: P&L, balance sheet, cash flow, ratios.

Twelve years of audited numbers for ZF Commercial Vehicle Control System India Ltd, switchable between annual and quarterly views, consolidated or standalone.

ZF Commercial Vehicle Control System India Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹27,933.56 Cr and reported EPS of ₹273.06.

Period20222023202420252026
Revenue from Operations
2,543
3,444
3,816
3,831
4,119
Other Income
38
67
95
108
183
Total Income
2,581
3,511
3,910
3,939
4,302
Cost of Goods Sold (COGS)
1,643
2,197
2,347
2,223
2,369
Gross Profit
900
1,248
1,469
1,608
1,749
+Operating Expenses
647
777
902
977
1,094
EBITDA
253
470
566
631
655
+Non-Operating Expenses
94
110
115
130
129
Profit Before Tax (PBT)
196
427
546
609
693
+Tax Expense
54
109
140
149
176
Profit After Tax (PAT)
142
318
406
461
517
Earnings Per Share (EPS)
74.90
167.48
214.28
242.90
272.65
Diluted Shares Outstanding (Nos.)
2
2
2
2
2
+Additional Disclosures
4,025
5,281
5,710
5,548
5,965
Sales Growth %
35.42
10.78
0.40
7.52
YoY Sales Growth %
35.42
10.78
0.40
7.52
Material Cost %
65
64
62
58
57
Employee Cost %
13
11
12
14
15
Other Cost %
13
12
11
11
12
OPM %
10
14
15
16
16
Tax %
27
26
26
24
25
Profit Growth %
123.60
27.95
13.36
12.25
Gross Margin %
0.00
0.00
0.00
0.00
0.00
EBITDA Margin %
0.00
0.00
0.00
0.00
0.00
Interest Coverage Ratio
0.00
0.00
0.00
0.00
0.00
Additional Fields
160
366
457
507
523
all values in ₹ Cr unless suffixed · source: company filings
Segment Analysis

ZF Commercial Vehicle Control System India segment analysis: revenue and profit mix.

Disclosed business segments at ZF Commercial Vehicle Control System India with their share of revenue and profit, switchable between consolidated and standalone reporting.

ZF Commercial Vehicle Control System India discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Investment Thesis

ZF Commercial Vehicle Control System India Ltd investment thesis: bull case, bear case, and the flip lines.

Why someone would buy ZF Commercial Vehicle Control System India Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.

ZF Commercial Vehicle Control System India Ltd's investment case rests on 9 positive markers and 9 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Robust profitability. ROCE 20.10%, ROE 15.10%, OPM 16.20%.

  • Strong growth. EPS 5Y CAGR 23.74%, revenue 5Y CAGR 14.70%.

  • Excellent financial health with zero debt, bolstering stability.

  • Significant promoter holding (60%) signals strong management confidence.

  • Diverse product portfolio and advanced technology focus for commercial vehicles.

bear case

What can break it.

  • High valuation metrics. P/E 59.61 and P/B 8.44 indicate premium.

  • Promoter holding decreased from 75% to 60%, raising commitment concerns.

  • Negative 5-year Free Cash Flow CAGR. -1.79% indicates cash generation issues.

  • Low dividend yield. 0.13% may not attract income-focused investors.

  • Recent stock price volatility observed over the last five days.

flip conditions

What would change my mind.

  • Trim if P/E re-rates above 70. The valuation cushion thins from there.

  • Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.

  • Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.

  • Exit if ROE slips below 10%. The operating engine is no longer compounding capital efficiently.

Shareholding

ZF shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in ZF — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

Loading shareholding data...

Peers

ZF Commercial Vehicle Control System India Ltd peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — ZF Commercial Vehicle Control System India Ltd is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
Samvardhana Motherson International Ltd
₹1.51 Lakh Cr
Best Profit Growth
Rico Auto Industries Ltd
193.00 %
Highest Dividend Yield
Munjal Showa Ltd
3.51 %

Peer Comparison

Company Name
ALICON
Alicon Castalloy Ltd
ARE&M
Amara Raja Energy & Mobility Ltd
ASAHIINDIA
Asahi India Glass Ltd
ASAL
Automotive Stampings & Assemblies Ltd
ASKAUTOLTD
ASK Automotive Ltd
AUTOAXLES
Automotive Axles Ltd
AUTOIND
Autoline Industries Ltd
BANCOINDIA
Banco Products (India) Ltd
BHARATFORG
Bharat Forge Ltd
BHARATGEAR
Bharat Gears Ltd
BOSCHLTD
Bosch Ltd
CARRARO
Carraro India Ltd
CIEINDIA
CIE Automotive India Ltd
CRAFTSMAN
Craftsman Automation Ltd
DIVGIITTS
Divgi Torqtransfer Systems Ltd
ENDURANCE
Endurance Technologies Ltd
EXIDEIND
Exide Industries Ltd
FIEMIND
Fiem Industries Ltd
FMGOETZE
Federal-Mogul Goetze (India) Ltd
GABRIEL
Gabriel India Ltd
GNA
GNA Axles Ltd
HINDCOMPOS
Hindustan Composites Ltd
IGARASHI
Igarashi Motors India Ltd
INDNIPPON
India Nippon Electricals Ltd
JAMNAAUTO
Jamna Auto Industries Ltd
JAYBARMARU
Jay Bharat Maruti Ltd
JBMA
JBM Auto Ltd
JTEKTINDIA
JTEKT India Ltd
KROSS
Kross Ltd
LGBBROSLTD
L G Balakrishnan & Bros Ltd
LUMAXIND
Lumax Industries Ltd
LUMAXTECH
Lumax Auto Technologies Ltd
MENONBE
Menon Bearings Ltd
MINDACORP
Minda Corporation Ltd
MMFL
M M Forgings Ltd
MOTHERSON
Samvardhana Motherson International Ltd
MSUMI
Motherson Sumi Wiring India Ltd
MUNJALAU
Munjal Auto Industries Ltd
MUNJALSHOW
Munjal Showa Ltd
NDRAUTO
NDR Auto Components Ltd
NRBBEARING
NRB Bearings Ltd
OMAXAUTO
Omax Autos Ltd
PAVNAIND
Pavna Industries Ltd
PPAP
PPAP Automotive Ltd
PRECAM
Precision Camshafts Ltd
PRICOLLTD
Pricol Ltd
PRITIKAUTO
Pritika Auto Industries Ltd
RAJRATAN
Rajratan Global Wire Ltd
REMSONSIND
Remsons Industries Ltd
RICOAUTO
Rico Auto Industries Ltd
RKFORGE
Ramkrishna Forgings Ltd
RML
Rane (Madras) Ltd
ROLEXRINGS
Rolex Rings Ltd
SANDHAR
Sandhar Technologies Limited
SANSERA
Sansera Engineering Ltd
SCHAEFFLER
Schaeffler India Ltd
SETCO
Setco Automotive Ltd
SHARDAMOTR
Sharda Motor Industries Ltd
SHIVAMAUTO
Shivam Autotech Ltd
SJS
S J S Enterprises Ltd
SONACOMS
Sona BLW Precision Forgings Ltd
SSWL
Steel Strips Wheels Ltd
STERTOOLS
Sterling Tools Ltd
SUNCLAY
Sundaram Clayton Ltd
SUNDRMBRAK
Sundaram Brake Linings Ltd
SUNDRMFAST
Sundram Fasteners Ltd
SUPRAJIT
Suprajit Engineering Ltd
TALBROAUTO
Talbros Automotive Components Ltd
TIINDIA
Tube Investments of India Ltd
UCAL
Ucal Ltd
UNIPARTS
Uniparts India Ltd
UNOMINDA
Uno Minda Ltd
URAVIDEF
Uravi Defence & Technology Ltd
VARROC
Varroc Engineering Ltd
WHEELS
Wheels India Ltd
ZFCVINDIA
ZF Commercial Vehicle Control System India LtdCurrent Stock
Technicals

ZF Commercial Vehicle Control System India Ltd technical analysis: indicators, pivots and CPR.

Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for ZF Commercial Vehicle Control System India Ltd — derived from the live tape, not yesterday's close.

ZF Commercial Vehicle Control System India Ltd last traded at ₹14,714 with an intraday range of ₹14,663–₹14,968 — live indicator, pivot and CPR signals below.

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹14714.00
LevelPrice (₹)Distance% Δ
R415510.33+796.33+5.41%
R315205.33+491.33+3.34%
R215086.67+372.67+2.53%
R114900.33+186.33+1.27%
PIVOT14781.6767.670.46%
CURRENT14714.00
S113985.33-728.67-4.95%
S214290.33-423.67-2.88%
S314476.67-237.33-1.61%
S414595.33-118.67-0.81%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 14747.83P: 14781.67TC: 14815.50
R1
R2
R3
R4
indicator
LTP: 14714.00
PDH: 14743.00
PDL: 14518.00
● Market Sentiment

ZFCVINDIA is trading Below CPR, indicating Bearishness

● CPR Width

CPR is Average

● Opening Range

Day's range: 14722 ~ 14876

● Price Position

Trading Inside opening range

Delivery & Volume

ZF Commercial Vehicle Control System India Ltd delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for ZF Commercial Vehicle Control System India Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in ZF Commercial Vehicle Control System India Ltd stood at 55.4% of traded volume, against a 20-day average of 54.1%.

Avg Delivery (20D)54.1%+1.3 ppt latest vs avg
Highest Delivery70.3%on 27 May
Avg Volume (20D)12.6 K20-day run-rate
Conviction Trend↓ Weakening+1.3 ppt latest read
Volume & Delivery · last 20 sessions
Filings & Concalls

ZF Commercial Vehicle Control System India announcements: results, concalls, ratings, M&A.

Filings ZF Commercial Vehicle Control System India sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

ZF Commercial Vehicle Control System India files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 127 documents below.

  1. 11 Jun 2026Disclosure under SEBI Takeover RegulationsView PDF

    Disclosure under SEBI Takeover Regulations

    WABCO Asia Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India…

  2. 04 May 2026AppointmentView PDF

    Appointment

    ZF Commercial Vehicle Control Systems India Limited has informed the Exchange regarding Appointment of Ms Claudia Christina Jehle as Non- Executive…

  3. 30 Apr 2026ResignationView PDF

    Resignation

    ZF Commercial Vehicle Control Systems India Limited has informed the Exchange regarding Resignation of Mr Lars Orlik as Non- Executive Director of…

  4. 27 Apr 2026Resignation of Director/KMP/SMPView PDF

    Resignation of Director/KMP/SMP

    ZF Commercial Vehicle Control Systems India Limited has informed the Exchange about Resignation of Director/KMP/SMP

  5. 27 Apr 2026Change in Director(s)View PDF

    Change in Director(s)

    ZF Commercial Vehicle Control Systems India Limited has informed the Exchange regarding Change in Director(s) of the company.

§ 10b · Reports & Decks

Investor decks & rating reports.

Insider Activity

ZF Commercial Vehicle Control System India insider trading: promoter and management activity.

Promoter, director and designated-employee transactions in ZF Commercial Vehicle Control System India as reported to SEBI — buying and selling signals from the people who know the business best.

ZF Commercial Vehicle Control System India insider activity below tracks 1 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).

InsiderCategoryTxn DateActionQuantityValue (₹)Price
WABCO Asia Private LimitedInsider06 Jun 2025sell6.00 L₹791.64 Cr₹13,191.00
Corporate Actions

ZF Commercial Vehicle Control System India dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue ZF Commercial Vehicle Control System India has declared, sequenced by announce and record date.

ZF Commercial Vehicle Control System India corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

About the Company

About ZF Commercial Vehicle Control System India Ltd: business, sector, key facts.

What ZF Commercial Vehicle Control System India Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

ZF Commercial Vehicle Control System India Ltd operates in the Consumer Cyclical, listed as NSE: ZFCVINDIA, BSE: 533023.

ZFCVINDIA
Consumer Cyclical

ZF Commercial Vehicle Control System India Ltd

NSE · ZFCVINDIA·BSE · 533023·www.zf.com/india/en/home/home.html

ZF Commercial Vehicle Control Systems India Limited (formerly WABCO India Limited) is a major player in the automotive industry, operating both domestically in India and internationally. Their core business revolves around the design, manufacturing, and supply of a wide range of components and systems for commercial vehicles.

The company's product portfolio is extensive and covers crucial aspects of vehicle functionality. This includes air compressors and processing units that manage air pressure for braking and other systems. They also offer a comprehensive suite of suspension and transmission solutions, encompassing both automatic and manual transmissions, as well as related control units and components.

ZF Commercial Vehicle Control Systems India Limited's expertise extends to braking systems, providing advanced brake control technology and related chassis components. They also supply crucial elements for clutch operation, including control units and other mechanisms. Furthermore, the company's offerings encompass various aspects of vehicle steering, including steering wheels and related systems.

Beyond these core areas, the company provides a broad spectrum of driveline components, encompassing driven axles, electric drives, and related hardware. Their capabilities extend to advanced technologies like damping technology and power electronics, along with essential sensors for various vehicle systems. They also produce gears and offer solutions for transmission automation and wheel-end components, highlighting their comprehensive approach to commercial vehicle technology.

In essence, ZF Commercial Vehicle Control Systems India Limited plays a vital role in the supply chain of commercial vehicle manufacturers, offering a one-stop-shop for a vast array of critical components and systems that enhance vehicle performance, safety, and efficiency. The company's long history, dating back to 1962, underscores its established presence and experience within the industry.

company facts
Founded / IPO
Employees
SectorConsumer Cyclical
HeadquartersChennai, India
Market Cap₹27,933.56 Cr
Listed OnNSE
leadership17 on record
Dr. Christian Brenneke
Non-Executive Non Independent Director
Mr. Akash Passey
Non-Executive Independent Chairman of the Board
Mr. Ganesamoorthy Arumugam
Head of R&D
Mr. Hari Govinda Thilak
Head of Human Resources
Mr. K Inbarajan
Head of Legal
Mr. Mahesh Chhabria
Non-Executive Independent Director
Mr. Neeraj Sagar
Non-Executive Independent Director
Mr. Paramjit Singh Chadha
Managing Director
Mr. Periakaruppa Kaniappan
Managing Director, Executive Non Independent Director
Mr. Philippe Colpron
Non-Executive Non Independent Director
Mr. Shankar Venkatachalam
Head of Sales of OE Business
Ms. Amrita Chowdhury
Non-Executive Independent Director
§ ∞ · Plainly Answered

Questions investors ask about ZF Commercial Vehicle Control System India Ltd (ZFCVINDIA).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of ZF Commercial Vehicle Control System India Ltd (ZFCVINDIA)?

The current share price of ZF Commercial Vehicle Control System India Ltd (ZFCVINDIA) is ₹14,714. Today, the stock has gained by ₹112.00 (0.77%), trading in a range of ₹14,663 to ₹14,968. The stock opened at ₹14,789 with a trading volume of 9,808 shares.

02Is ZF Commercial Vehicle Control System India Ltd stock a good investment for long-term?

ZF Commercial Vehicle Control System India Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹27,933.56 crores, P/E ratio of 53.89, ROE of 14.98%, and ROCE of 20.10%. The dividend yield stands at 0.03%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of ZF Commercial Vehicle Control System India Ltd stock?

The 52-week high price of ZF Commercial Vehicle Control System India Ltd (ZFCVINDIA) is ₹0, while the 52-week low is ₹0. Currently trading at ₹14,714, the stock is Infinity% away from its 52-week low and -Infinity% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy ZF Commercial Vehicle Control System India Ltd stock at the current price?

Whether to buy ZF Commercial Vehicle Control System India Ltd stock at ₹14,714 depends on multiple factors. The stock is currently trading with a P/E ratio of 53.89 and P/B ratio of 7.56. Today's performance shows a gain of 0.77%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of ZF Commercial Vehicle Control System India Ltd and when is the next dividend?

ZF Commercial Vehicle Control System India Ltd offers a dividend yield of 0.03%, which means for every ₹100 invested at the current price of ₹14,714, you can expect to receive approximately ₹0.03 annually as dividends. The face value of the stock is ₹5.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of ZF Commercial Vehicle Control System India Ltd?

ZF Commercial Vehicle Control System India Ltd's key financial metrics include: P/E Ratio: 53.89, P/B Ratio: 7.56, ROE: 14.98%, ROCE: 20.10%, Dividend Yield: 0.03%, EPS: ₹273.06, Book Value: ₹1,945.73, and Debt-to-Equity: 0.00. The company's market cap stands at ₹27,933.56 crores. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is ZF Commercial Vehicle Control System India Ltd stock performing today in the market?

ZF Commercial Vehicle Control System India Ltd stock opened at ₹14,789 and is currently trading at ₹14,714, showing a gain of ₹112.00 (0.77%). The intraday high is ₹14,968 and low is ₹14,663. The trading volume stands at 9,808 shares, indicating moderate market participation today.

08What is the P/E ratio of ZF Commercial Vehicle Control System India Ltd and what does it indicate?

ZF Commercial Vehicle Control System India Ltd has a Price-to-Earnings (P/E) ratio of 53.89, which means investors are willing to pay ₹53.89 for every ₹1 of earnings. With an EPS of ₹273.06, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about ZF Commercial Vehicle Control System India Ltd (ZFCVINDIA) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.