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Investor Presentation

ZF Commercial Vehicle Control Systems India Investor Presentation: Key Takeaways

Investor presentation detailing ZF's leadership in India's CV market. Focus on technological evolution (BS6, ADAS, EV) and expanding aftermarket portfolio via SPARK initiative.

Highlights
MarginsEfficiency focus via OPR Comp, ECAPU, and Optidrive.
Order bookStrong pipeline for tactical vehicles and defense association.
Demand visibilityDriven by GDP growth, infra development, and scrappage policy.
Management confidenceHigh regarding market leadership and technology transition.

Growth

Company reported record financial performance for FY25-26; specific Q1 FY27 figures were not disclosed in the slides.

Outlook

Targeting 140 GW wind power by 2030; ongoing expansion in railway, agri, and defense segments.

Risks

Transition to organized markets, evolving regulations (ADAS, ESC), and infrastructure dependency for growth levers.

Last quarter's promises, checked

Delivered

  • Targeted CV >6T growth 8.4% → delivered 8.6% (= BEAT)
  • Achieve aftermarket growth → delivered 15.6% YoY (= BEAT)
  • Launch new assembly lines → productionized ASP cartridges and vacuum pumps (= BEAT)

Partly delivered

  • Commodity/Forex cost recovery → portion realized, balance under discussion (= PARTIAL)

Missed

  • Profit After Tax (PAT) growth → delivered -14.7% de-growth (= MISS)
Source

Investor Presentation filed with NSE, NSE: ZFCVINDIA. Summary written with AI assistance from the document.

Read the document ↗

ZF Commercial Vehicle Control Systems India Ltd: key numbers

Share price
₹2,354.20
Market cap
₹26,792 Cr
Revenue (annual)
₹4,119 Cr
Net profit (annual)
₹517.1 Cr
P/E (TTM)
53.7×Sector 33.6×
Promoter holding
60.00%+0.00% QoQ
FII holding
5.93%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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18:09 IST BSE
Legal & Regulatory

ZF Commercial Vehicle Control Systems India Legal & Regulatory

ZF Commercial Vehicle Control Systems received a favourable ITAT order, setting aside a previously upheld tax demand of Rs. 1.17 crore for AY 2022-23.

Value
₹1.17 Cr
18:22 IST BSE
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ZF Commercial Vehicle Control Systems India Management Change

ZF Commercial Vehicle Control Systems India Limited announced the resignation of Mr. Ponraj Pandian, Senior General Manager – Sourcing and Purchasing, effective September 15, 2026.