ZFSTEERING · NSE

ZF Steering Gear (India) Limited

₹697.85

+0.47% (+₹3.25)

Prev. close

₹694.6

Volume

3,521

Delivery %

50.4%

As of

18 Sept 2026

Price history

₹697.85+₹51.9 (+8.03%) · 3M
05 Jun 202618 Sept 2026
₹764.75₹642.305 Jun01 Jul03 Aug26 Aug18 Sept
Daily closes · updates after each session

No analyst calls on this stock in the last 90 days yet.

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Analyst opinions

No analyst calls on ZF Steering Gear (India) Limited in the last 90 days.

Fundamentals

About ZF Steering Gear (India) Limited

ZF Steering Gear (India) Limited engages in the production and assembly of steering systems for vehicles, buses, and tractors in India and internationally. It operates in two segments, Auto Component and Renewable Energy. The company offers ball and nut integral hydraulic power steering gears for heavy commercial vehicles, integral hydraulic power steering gears for medium and light commercial vehicles, power steering gears for SUVs and off-road vehicles, cast iron and aluminum vane pumps, oil reservoirs, steering and pump mounting brackets, integrated oil tanks, steering columns, drop arms, intermediate shafts, universal joints, and bevel gear boxes. It also provides worm and roller mechanical steering systems for tractors and light commercial vehicles, as well as related accessories; power rack and pinion steering systems for passenger cars; mechanical rack and pinion steering systems for one-ton passenger and goods carriers; double barrel steering gears; and tractor hydraulic power-assisted steering gears. The company offers its products and services through dealers. In addition, it generates electricity through solar and windmill sources. The company was incorporated in 1981 and is based in Pune, India.

Details

Sector

Consumer Cyclical

Industry

Auto Parts

CEO

Mr. Dineshchand Hirachand Munot

Headquarters

Pune

Key stats

Market cap

₹633.18 Cr

P/E ratio (TTM)

32.0

EPS (TTM)

₹21.84

Beta (5Y monthly)

0.53

Shares float

22.81 L

EPS · quarter ended Jun 2026

₹13.63

Financial Performance

01 · Financials

0 Cr200 Cr400 Cr600 Cr-50%0%50%100%FY21FY22FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

Revenue for Mar 2021–Mar 2022 is as filed with BSE (standalone), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 0.7% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

0204060FY21FY22FY23FY24FY25FY26

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based

-50%0%50%100%FY21FY22FY23FY24FY25FY26
SalesFixed assetsTrade receivablesInventory

05 · Capital Structure & Asset Utilization

0 Cr250 Cr500 Cr750 Cr0.25×0.5×0.75×FY21FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

0 Cr250 Cr500 Cr750 CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

-100 Cr0 Cr100 Cr200 CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹201.48 Cr₹312.80 Cr₹447.53 Cr₹476.21 Cr₹491.59 Cr₹568.07 Cr
EBITDA₹44.64 Cr₹61.60 Cr₹69.10 Cr₹86.49 Cr₹73.76 Cr₹84.01 Cr
₹8.85 Cr₹18.27 Cr₹24.54 Cr₹43.69 Cr₹14.92 Cr₹15.39 Cr
Diluted EPS₹9.75₹20.14₹27.05₹48.15₹16.44₹16.96

Depreciation & amortisation, Pretax income, Tax provision, Interest expense have filed figures for only some of the years shown — the missing years are left blank rather than estimated.

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹465.91 Cr₹472.17 Cr₹511.74 Cr₹594.06 Cr₹635.99 Cr₹672.56 Cr
₹43.32 Cr₹76.77 Cr₹100.33 Cr₹106.43 Cr
Stockholders' equity₹376.64 Cr₹395.11 Cr₹418.68 Cr₹458.21 Cr₹465.91 Cr₹481.34 Cr

Current assets, Non-current assets, Fixed assets, CWIP, Total debt, Long-term debt, Current (short-term) debt, Others have filed figures for only some of the years shown — the missing years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹48.87 Cr₹34.90 Cr₹39.63 Cr₹98.15 Cr
Investing cash flow₹-62.59 Cr₹-52.22 Cr₹-64.43 Cr₹-88.65 Cr
₹11.74 Cr₹28.55 Cr₹14.30 Cr₹-5.47 Cr
Capital expenditure₹-39.66 Cr₹-94.18 Cr₹-59.03 Cr₹-109.76 Cr
End cash position₹22.00 L₹11.45 Cr₹95.00 L₹4.98 Cr

Operating cash flow, Depreciation & amortization, Change in working capital, Investing cash flow, Financing cash flow, Debt issued, Debt repaid, Dividends paid, Capital expenditure, End cash position have filed figures for only some of the years shown — the missing years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

12 · Peer Comparison

Consumer Cyclical

Company
Titan Company Limited₹4.36 L Cr₹4,84175.427.7432.3%1.95+44.8%+37.4%
Maruti Suzuki India Limited₹3.88 L Cr₹12,10327.03.6213.7%0.00+20.1%-23.5%
Mahindra & Mahindra Limited₹3.69 L Cr₹3,076.518.73.9618.4%1.44+24.1%-15.3%
Bajaj Auto Limited₹3.18 L Cr₹11,50027.68.2027.7%0.58+22.6%+26.6%
ETERNAL LIMITED₹2.97 L Cr₹326.85671.69.581.2%0.15+168.6%-3.3%
Eicher Motors Limited₹2.06 L Cr₹7,51635.78.2022.0%0.02+23.9%+8.5%
TVS Motor Company Limited₹1.95 L Cr₹4,171.355.920.3831.6%3.43+29.2%+17.6%
Hyundai Motor India Limited₹1.74 L Cr₹2,15535.78.6927.1%0.05+2.1%-17.2%
Samvardhana Motherson International Limited₹1.70 L Cr₹162.5738.94.169.4%0.47+11.1%+49.2%
Tata Motors Limited₹1.63 L Cr₹442.937.912.8123.8%0.44+44.3%
Trent Limited₹1.49 L Cr₹2,82482.021.2924.6%0.37+17.6%-45.1%
ZF Steering Gear (India) Limited₹691.43 Cr₹764.7535.01.443.2%0.22+15.6%

Ranked by market cap within Consumer Cyclical, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Annual reports

Show all 30

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

ZFSTEERING

ZF Steering Gear Subsidiary Acquires Additional Land for Aluminium Expansion Project

ZF Steering Gear (India) Limited's subsidiary, DriveSys Systems, acquired an additional 25,882 sq. meters of land at Supa Parner Industrial Park. This acquisition supports the expansion of DriveSys's Aluminium Project, providing space for new manufacturing facilities and infrastructure. The company's shares were trading at Rs. 665.50 on the BSE.

18 days ago·Read at EquityBulls
ZFSTEERING

ZF Steering Q1 Results: Net profit jumps 55% YoY to Rs 12.4 crore, EBITDA down 27%

Business Upturn · 2 months ago