Avsar.

Consumer Discretionary · Auto Components & Equipments

ZF Commercial Vehicle Control System India Ltd (ZFCVINDIA)

₹2,320.60

Mkt cap
₹26,410 Cr
P/E ratio
53.70
P/B
7.18
Div yield
0.17%
ROE
14.40%
ROCE
19.10%
EPS (TTM)
₹43.21
Book value
₹323
52W range
2,071–2,686
Sector
Consumer Discretionary

Operating under the ZF WABCO brand and part of ZF Group Commercial Vehicle Control Systems Division, WABCO INDIA Limited is India’s market leader for advanced braking systems, conventional braking products and related air assisted technologies and systems in India. It also provides software development and other services. Its headquarter is in Chennai, India

NSE ZFCVINDIABSE 533023www.wabcoindia.com
Health check
Cautious
ValuationExpensive
ProfitabilityAverage
GrowthModerate
TechnicalsNeutral
52-week range
−13.60% from high
₹2,321
₹2,071+12.07% from low₹2,686
Current
₹2,320.60
Prev close
₹2,334.00
Day
−0.57%
Price performance
1D
−0.57%
1W
−0.77%
1M
−11.29%
3M
−7.19%
6M
+1.35%
1Y
+4.88%
YTD
−7.42%

Financials

F
Revenue, profit & margin
P/E ratio
53.7×
ZFCVINDIA is 74% above the sector median of 30.9×
ZFCVINDIA53.7×
Sector median30.9×
 Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Trend
Sales9619818879569389079561,0039639021,0581,1331,042
Expenses819837756809800767781831835770863950911
Operating Profit141144131147138139175172128132195183130
OPM %15%15%15%15%15%15%18%17%13%15%18%16%12%
Other Income21243020264017276745244236
Interest1111211111111
Depreciation28272629293131323232323332
Profit before tax134140134137133147160167161144185190134
Tax %25%25%25%26%26%25%22%25%26%26%25%26%26%
Net Profit1001041001019910912512512010613914199
EPS in Rs8.779.178.758.888.729.6110.9811.0010.569.3612.1912.428.71
Raw PDF

Earnings

EResults dates & reactions
No upcoming results date on calendar.

Fresh quarters land in the Financials table above, tagged NSE until screener catches up.

Avg earnings-day move +1.10% · closed higher next day 37 of last 61
 Q2FY24Q3FY24Q4FY24Q1FY25Q2FY25Q3FY25Q4FY25Q1FY26Q2FY26Q3FY26Q4FY26Q1FY27
Broadcast27 Oct '23◦30 Jan '24◦25 May '24◦22 Jul '24◦8 Nov '24◦6 Feb '25◦15 May '25◦12 Aug '25◦4 Nov '25◦10 Feb '26◦13 May '26◦24 Jul '26
Earnings day−1.09%+0.15%+20.00%−1.08%−0.84%+9.30%−1.92%−1.20%−0.39%+4.80%−2.11%−1.34%
+1 day−1.28%−5.45%+26.65%−1.15%−0.09%+8.11%+1.42%−0.17%−1.34%+3.92%+0.64%—
+5 days+1.04%−9.39%+28.30%+2.53%−0.52%−1.18%−4.35%+6.07%−0.40%+2.21%+2.84%—
+15 days+2.45%−11.53%+27.49%−1.37%−15.91%−1.49%+2.79%−1.74%+1.89%−5.86%+0.03%—
+30 days−1.91%−13.03%+18.61%+0.54%−21.47%+10.49%+0.13%−8.60%+16.88%−10.13%+11.73%—
FilingXBRLXBRLXBRLXBRLXBRLXBRLXBRLXBRLXBRLXBRLXBRLXBRL

Corporate actions

CLast 6 months
KindValueEx-dateRecord
dividend
Dividend - Rs 4 Per Share
4.0010 Jul '2610 Jul '26
bonus
Bonus 5:1
5.0024 Jun '2624 Jun '26

Shareholding

Sas of Jun 2026
60.00%Promoter
Promoters60.00%
FIIs5.93%0.14
DIIs25.45%0.76
Public8.62%0.62
Ownership trend

Peers

P8 companies
Valuation vs quality
P/E × ROCE · bubble = market cap
NameCMPP/EMkt CapDiv YldNP QtrQtr Profit VarSales QtrQtr Sales VarROCE
Samvardh. Mothe.₹145.5536.031,53,6200.41%1,562+55.33%34,309+17.03%13.43%
Bosch₹41,755.0059.001,23,1610.65%570+2.98%5,566+13.34%21.54%
Bharat Forge₹2,151.6091.141,02,8660.40%233+2.05%4,528+17.53%12.61%
Uno Minda₹1,127.0053.6365,0810.24%352+22.39%5,336+17.85%19.65%
Schaeffler India₹4,107.7049.7364,2050.85%337+13.67%2,681+17.50%27.90%
Tube Investments₹2,767.0081.0453,5600.13%234+81.73%6,215+20.68%17.14%
Sona BLW Precis.₹717.9557.5044,7070.47%220+73.37%1,157+50.82%15.11%
ZF Commercial₹2,320.6053.7426,4100.17%99−17.53%1,042+8.15%19.08%
Median: 124 Co.₹497.3830.901,5310.35%15+26.43%269+19.56%15.47%

Filings

D
Annual reports15
Financial Year 2026bseFinancial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013bseFinancial Year 2013nse
Concall transcripts32
TranscriptMay 2026PPTMay 2026RECMay 2026TranscriptFeb 2026TranscriptNov 2025RECNov 2025TranscriptAug 2025TranscriptMay 2025PPTMay 2025TranscriptFeb 2025TranscriptNov 2024PPTNov 2024TranscriptJul 2024TranscriptJun 2024PPTJun 2024TranscriptFeb 2024TranscriptNov 2023TranscriptJul 2023TranscriptMay 2023RECMay 2023TranscriptFeb 2023TranscriptNov 2022TranscriptAug 2022PPTAug 2022
Credit ratings2
Rating update 12 Jan 2016fitchRating update 8 Jun 2015fitch
Announcements5
Shareholder Meeting / Postal Ballot-Outcome of AGM 8hAnnouncement under Regulation 30 (LODR)-Change in Management 13h - Rakesh Mishra appointed CFO from Sept. 1, 2026; C.V. Kavviya appointed Company Secretary from July 25, 2026.Results-Financial Results For Q1 13h - Board approved Q1 FY27 results and appointed CFO Rakesh Mishra from Sep 1, 2026.Board Meeting Outcome for Outcome Of Board Meeting 13h - Board approved Q1 FY27 results; appointed Rakesh Mishra CFOSept. 1 and C V Kavviya secretary from July 25.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 21 Jul - Intimation of Schedule of Earnings Call for Q1 of F.Y. 2026-27