| Revenue growth | FY26 growth of 9.2% YoY to INR 4,302cr. |
|---|---|
| Margins | Q4 margins impacted by material costs and employee increments; expected flattish FY27. |
| Order book | Full suite ADAS business awards won from two major OEM customers. |
| Demand visibility | Strong domestic CV demand; recovery seen in US mining and export segments. |
| Management confidence | High; citing strong domestic demand and regulatory tailwinds. |
Growth
FY26 Revenue up 9.2% to INR 4,302cr; PAT grew 12.2% to INR 517cr. Q4 revenue grew 15.2% YoY.
Outlook
FY27 capex planned at INR 180-190cr. Mandatory safety regulations starting 2027 to drive content per vehicle growth.
Risks
Geopolitical conflicts in West Asia, commodity price volatility (aluminum), and near-term headwinds in US export markets.
Earnings Call filed with BSE, NSE: ZFCVINDIA. Summary written with AI assistance from the document.
ZF Commercial Vehicle Control Systems India Ltd: key numbers
- Share price
- ₹2,375.50
- Market cap
- ₹27,034 Cr
- Revenue (annual)
- ₹4,119 Cr
- Net profit (annual)
- ₹517.1 Cr
- P/E (TTM)
- 54.1×Sector 32.5×
- Promoter holding
- 60.00%+0.00% QoQ
- FII holding
- 5.07%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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