ZF Commercial Vehicle Control Systems India Limited (ZFCVINDIA) AI Stock Analysis

• Market Cap: ₹238.32B
• Dividend Yield: 0.15%
• Average Volume (3M): 594.00
• Price to Earnings (P/E): 50.2
• Beta (1Y): 0.21
• Revenue Growth: 1.74%
• EPS Growth: 19.09%
• Country: IN
• Employees: 2,350
• Sector: Industrials
• Sector Strength: 72
• Industry: Auto - Parts
• EPS (TTM): 63.95
• Shares Outstanding: 18,967,585
• 10 Day Avg. Volume: 415
• 30 Day Avg. Volume: 594
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹14,462.00
• Price Target Upside: 15.10% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 63 Neutral
• Price Target: ₹14,462.00 ▲(15.10% Upside)

The overall stock score of 63 reflects strong financial performance, which is the most significant factor, balanced by technical indicators showing lack of momentum and a high valuation. The absence of earnings call data and corporate events means these factors did not influence the score.

ZF Commercial Vehicle Control Systems India Limited Business Overview & Revenue Model

Company Description

ZF Commercial Vehicle Control Systems India Limited (ZFCVINDIA) is a subsidiary of ZF Friedrichshafen AG, focusing on the manufacturing and supply of advanced technology solutions for commercial vehicles. The company operates in the automotive sector, offering a wide range of products including braking systems, suspension systems, and other vehicle control systems tailored to enhance the safety, efficiency, and performance of commercial vehicles.

How the Company Makes Money

ZFCVINDIA generates revenue primarily through the design, production, and sale of commercial vehicle control systems. Its key revenue streams include the sale of braking systems, suspension technologies, and associated components to commercial vehicle manufacturers. The company leverages its strong engineering capabilities and global supply chain to deliver high-quality products to its clients. In addition to product sales, ZFCVINDIA may also earn income through long-term partnerships and contracts with vehicle manufacturers, as well as aftermarket services and support. The company's earnings are bolstered by its integration into ZF's global network, enabling access to advanced R&D and a broad customer base.

ZF Commercial Vehicle Control Systems India Limited Financial Statement Overview

Summary

The company exhibits strong financial health with robust revenue growth and profitability margins, a low debt-to-equity ratio, and positive free cash flow growth. However, potential volatility in cash flow management requires monitoring.

Income Statement

ZF Commercial Vehicle has demonstrated robust revenue growth over the years, with a 51.9% increase from 2021 to 2025. The company maintains strong profitability metrics, including a consistent rise in gross profit margin from 37.4% in 2021 to 42.0% in 2025, and a net profit margin that increased from 5.6% to 12.0% in the same period. The EBIT margin improved as well, showcasing operational efficiency. However, there is a slight dip in EBITDA growth in 2025, which needs monitoring.

Balance Sheet

The balance sheet is strong with a low debt-to-equity ratio of 0.02 in 2025, highlighting minimal leverage and financial stability. Return on equity (ROE) increased from 5.2% in 2021 to 14.3% in 2025, indicating efficient use of equity capital. The equity ratio remains robust at 84.9%, reflecting solid asset management. These factors suggest a well-capitalized company with minimal financial risk.

Cash Flow

The company shows positive free cash flow growth, with a significant turnaround from a negative free cash flow in 2022 to positive in 2025. The operating cash flow to net income ratio is healthy, reflecting strong cash generation capabilities. However, fluctuations in free cash flow to net income ratios over the years indicate potential volatility in cash flow management, requiring closer attention.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2023	Dec 2021	Dec 2021
Income Statement
Total Revenue	38.05B	38.31B	34.16B	37.84B	18.40B	25.22B
Gross Profit	14.17B	16.08B	10.78B	12.90B	6.88B	7.74B
EBITDA	7.11B	6.31B	5.37B	6.61B	2.45B	2.90B
Net Income	4.61B	4.61B	3.18B	4.06B	1.04B	1.42B
Balance Sheet
Total Assets	37.85B	37.85B	30.22B	33.82B	24.96B	26.37B
Cash, Cash Equivalents and Short-Term Investments	14.96B	14.96B	12.65B	13.20B	10.97B	10.62B
Total Debt	660.83M	660.83M	653.45M	684.36M	95.70M	38.86M
Total Liabilities	5.71B	5.71B	6.13B	5.91B	5.00B	5.23B
Stockholders Equity	32.15B	32.15B	24.09B	27.90B	19.96B	21.14B
Cash Flow
Free Cash Flow	0.00	1.20B	1.71B	-54.62M	683.43M	-382.34M
Operating Cash Flow	0.00	2.86B	2.98B	1.93B	1.38B	1.38B
Investing Cash Flow	0.00	-2.28B	-2.71B	-1.31B	-237.98M	-1.77B
Financing Cash Flow	0.00	-441.14M	-310.70M	-341.16M	-185.72M	-284.50M

ZF Commercial Vehicle Control Systems India Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 12564.75
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ZFCVINDIA, the sentiment is Negative. The current price of 12564.75 is below the 20-day moving average (MA) of 13490.43, below the 50-day MA of 13610.34, and above the 200-day MA of 12541.44, indicating a neutral trend. The MACD of -257.68 indicates Positive momentum. The RSI at 29.68 is Positive, neither overbought nor oversold. The STOCH value of 3.80 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ZFCVINDIA.

ZF Commercial Vehicle Control Systems India Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ELECON	74 Outperform	₹127.17B	24.59	20.77%	0.35%	20.07%	45.28%
TIMKEN	71 Outperform	₹226.37B	49.72	15.73%	1.19%	6.63%	14.31%
SKFINDIA	67 Neutral	₹232.90B	44.35	21.78%	0.31%	7.99%	-5.59%
SUNDRMFAST	66 Neutral	₹208.13B	38.15	14.15%	0.73%	4.14%	1.81%
CRAFTSMAN	64 Neutral	₹161.57B	76.58	6.81%	0.07%	38.51%	-33.84%
ZFCVINDIA	63 Neutral	₹238.32B	50.16	―	0.15%	1.74%	19.09%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

ZF Commercial Vehicle Control Systems India Limited Corporate Events

ZF Commercial Vehicle Control Systems India Schedules Q1 Earnings Call

ZF Commercial Vehicle Control Systems India Limited has announced a scheduled conference call to discuss its financial performance for the first quarter ending June 30, 2025. The call, organized by Batlivala & Karani Securities India Private Limited, will take place on August 14, 2025, and will involve discussions with fund managers, analysts, and investors. This initiative reflects the company’s commitment to transparency and engagement with its stakeholders, potentially impacting its market perception and investor relations.

ZF Commercial Vehicle Control Systems India Releases 2024-25 Sustainability Report

ZF Commercial Vehicle Control Systems India Limited has released its Business Responsibility and Sustainability Report for the financial year 2024-25, as part of its Integrated Annual Report. This report, in compliance with the Securities and Exchange Board of India regulations, highlights the company’s commitment to sustainable business practices and transparency in its operations, which may enhance its industry positioning and stakeholder trust.

ZF Commercial Vehicle Control Systems India Limited Completes 9th Postal Ballot

ZF Commercial Vehicle Control Systems India Limited has announced the completion of its 9th Postal Ballot through a remote e-voting process. The proceedings included the re-appointment of Mr. Mahesh Chhabria as an Independent Director and the appointment and remuneration approval of Mr. Paramjit Singh Chadha as Managing Director. This development is significant for the company’s governance and leadership structure, potentially impacting its strategic direction and stakeholder confidence.