ZF Steering Gear (India) Limited share price
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 mechan…Read more
- Market Cap₹ 622 Cr.
- Current Price₹ 686.00
- High / Low₹ 895 / 621
- Stock P/E31.5
- Book Value₹ 531
- Dividend Yield0.00 %
- ROCE7.0 %
- ROE3.20 %
- Face Value—
More figures (10)
- EPS (TTM)₹ 21.80
- Price / Book1.29
- OPM6.5 %
- Debt / Equity0.22
- Sales growth (4Y)8.3 %
- Profit growth (4Y)-14.4 %
- Promoter holding74.8 %
- EV / EBITDA9.7
- Beta0.51
- All-time high₹ 895
Price chart
| Returns | 1M | 3M | 6M | YTD | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| ZFSTEERING | -5.48% | -0.29% | -18.31% | — | — | — | — |
| Nifty 50 | -0.31% | -3.85% | -4.34% | -11.42% | -9.53% | +5.46% | +4.76% |
Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.
Quick take
- ZF Steering Gear (India) Limited is in the Auto Parts industry (Consumer Cyclical), with a market value of ₹622 crore.
- It trades at 31.5 times its last 12 months' earnings and 1.3 times book value.
- Revenue grew 8.3% a year over the last 4 years, profit -14.4% a year.
- Return on equity was 3.2% and return on capital employed 7.0% in the latest year.
- Debt was 0.22 times shareholders' equity.
- The share price is 23.4% below its 52-week high.
- Promoters and insiders hold about 74.8%; institutions about 0.0%.
Pros
AI- Borrowings are moderate at 0.22 times shareholders' equity.
Cons
AI- Return on equity has been low: 5.5% on average over the last 3 years.
Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.
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…
- Head office
- Pune
Peer comparison
Consumer CyclicalAuto Parts
| S.No. | Company | CMP ₹ | P/E | Mar Cap ₹ Cr | Div Yld % | NP Qtr ₹ Cr | Qtr Profit Var % | Sales Qtr ₹ Cr | Qtr Sales Var % | ROCE % | ROE % | P/B | OPM % | Debt / Eq | Prom. Hold. % | Sales ₹ Cr | Sales Var 3Yrs % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | ZF Steering Gear (India) | 686.00 | 31.5 | 622 | 0.00 | 12 | 55.21 | 143 | 7.62 | 7.0 | 3.2 | 1.29 | 6.5 | 0.22 | 74.84 | 568 | 8.3 |
| 2. | Samvardhana Motherson International | 160.00 | 38.6 | 1,70,090 | 0.31 | 1,032 | 101.64 | 34,912 | 16.60 | 11.5 | 10.2 | 4.11 | 5.5 | 0.47 | 58.91 | 1,25,023 | 17.1 |
| 3. | Bosch | 45,560.00 | 56.9 | 1,34,384 | 0.60 | 706 | -36.74 | 5,842 | 22.00 | 24.2 | 19.4 | 9.05 | 11.4 | 0.01 | 70.67 | 19,595 | 10.3 |
| 4. | Uno Minda | 1,108.00 | 53.2 | 63,983 | 0.24 | 296 | 1.76 | 5,557 | 23.79 | 20.5 | 19.1 | 9.37 | 8.0 | 0.40 | 68.49 | 19,385 | 20.5 |
| 5. | Schaeffler India | 3,669.20 | 45.8 | 57,351 | 0.96 | 642 | 19.14 | 5,346 | 18.10 | 25.7 | 20.2 | 9.35 | 14.9 | 0.01 | 74.30 | 9,550 | 12.3 |
| 6. | MRF | 122,790.00 | 21.6 | 52,077 | 0.19 | 495 | -1.02 | 8,416 | 9.64 | 15.6 | 12.3 | 2.48 | 10.4 | 0.15 | 47.88 | 31,149 | 10.6 |
| 7. | Sona BLW Precision Forgings | 800.00 | 71.4 | 49,934 | 0.45 | 180 | 9.96 | 1,301 | 50.47 | 13.2 | 11.2 | 8.31 | 18.4 | 0.07 | 27.91 | 4,308 | 18.8 |
| 8. | Balkrishna Industries | 2,052.80 | 28.2 | 39,684 | 0.78 | 451 | 56.35 | 3,455 | 25.19 | 13.8 | 11.6 | 3.62 | 16.9 | 0.38 | 58.54 | 10,823 | 3.6 |
| 9. | Endurance Technologies | 2,406.40 | 34.9 | 33,849 | 0.48 | 245 | 8.03 | 4,315 | 30.01 | 16.3 | 15.2 | 4.95 | 8.6 | 0.19 | 75.00 | 14,596 | 18.2 |
| 10. | Exide Industries | 370.95 | 33.8 | 31,531 | 0.53 | 350 | 28.38 | 5,528 | 17.75 | 8.8 | 6.1 | 2.27 | 7.3 | 0.11 | 50.94 | 17,908 | 6.1 |
| Median: 55 Co. | 1,580.40 | 32.7 | 9,756 | 0.42 | 401 | 14.55 | 5,437 | 20.05 | 14.7 | 14.2 | 4.92 | 8.7 | 0.17 | 63.70 | 16,252 | 10.3 |
Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.
Quarterly Results
| ₹ Cr | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Sales | 133 | 121 | 143 | 174 | 143 |
| Operating Profit | 7 | 1 | 12 | 8 | 3 |
| Profit before tax | 11 | 0 | 11 | 7 | 16 |
| Net Profit | 8 | -0 | 8 | -0 | 12 |
| EPS in Rs | 8.78 | -0.43 | 8.64 | -0.04 | 13.63 |
Profit & Loss
| ₹ Cr | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Sales | 448 | 476 | 492 | 568 | |
| Operating Profit | 31 | 19 | 15 | 37 | |
| Interest | 1 | 1 | 6 | 8 | |
| Depreciation | 32 | 34 | 43 | 47 | |
| Profit before tax | 36 | 52 | 25 | 29 | |
| Net Profit | 25 | 44 | 15 | 15 | |
| EPS in Rs | 27.05 | 48.15 | 16.44 | 16.96 |
Balance Sheet
Consolidated figures in ₹ crore, as at 31 March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 |
| Reserves | 410 | 449 | 457 | 472 |
| 43 | 77 | 100 | 106 | |
| Long term borrowings | 2 | 36 | 41 | 35 |
| Short term borrowings | 36 | 37 | 56 | 65 |
| 50 | 59 | 70 | 85 | |
| Trade payables | 35 | 34 | 40 | 56 |
| Minority interest | 0 | 2 | -1 | |
| Current liabilities | 84 | 95 | 123 | 151 |
| Total Liabilities | 512 | 594 | 636 | 673 |
| 169 | 238 | 262 | 331 | |
| Gross block | 372 | 464 | 509 | 621 |
| Accumulated depreciation | 203 | 227 | 247 | 289 |
| Goodwill & intangibles | 1 | 1 | 1 | 1 |
| CWIP | 14 | 36 | 20 | 104 |
| 328 | 320 | 354 | 237 | |
| Inventories | 58 | 67 | 67 | 67 |
| Trade receivables | 107 | 98 | 111 | 101 |
| Cash & equivalents | 0 | 11 | 1 | 5 |
| Current assets | 172 | 193 | 193 | 188 |
| Total Assets | 512 | 594 | 636 | 673 |
Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.
Cash Flows
Consolidated figures in ₹ crore, financial years ending March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 49 | 35 | 40 | 98 | |
| Profit for the year | 25 | 44 | 15 | 15 |
| Working capital changes | -8 | -15 | -11 | 24 |
| Direct taxes paid | -7 | -10 | -8 | -10 |
| -63 | -52 | -64 | -89 | |
| Fixed assets purchased | -40 | -94 | -59 | -110 |
| Fixed assets sold | 0 | 4 | 0 | 0 |
| Investments purchased | -30 | -5 | -60 | -43 |
| Investments sold | 6 | 42 | 51 | 61 |
| 12 | 29 | 14 | -5 | |
| Proceeds from borrowings | 64 | 111 | 62 | 16 |
| Repayment of borrowings | -51 | -77 | -38 | -13 |
| Interest paid | -1 | -1 | -7 | -8 |
| Dividends paid | -5 | -7 | -0 | |
| Net Cash Flow | -2 | 11 | -11 | 4 |
| Free Cash Flow | 9 | -59 | -19 | -12 |
Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.
Ratios
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| ROE | — | 5.9% | 10.0% | 3.2% | 3.2% |
| ROCE | — | 8.6% | 10.6% | 6.0% | 7.0% |
| Operating margin | — | 6.9% | 3.9% | 3.1% | 6.5% |
| Net margin | — | 5.5% | 9.2% | 3.0% | 2.7% |
| Debt / equity | — | 0.10 | 0.17 | 0.22 | 0.22 |
| Current ratio | — | 2.05 | 2.04 | 1.57 | 1.25 |
| Debtor days | — | 87 | 75 | 82 | 65 |
| Inventory days | — | 72 | 78 | 78 | 71 |
| Days payable | — | 44 | 39 | 47 | 59 |
| Cash conversion cycle | — | 115 | 114 | 113 | 77 |
| Working capital days | — | 72 | 75 | 52 | 24 |
Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.
Shareholding Pattern
- Promoters & insiders 74.84%
- Institutions (FII, DII, funds) 0.00%
- Public & others 25.16%
Key dates
- Ex-dividend date
- 1 Jan 1970
- Latest quarter
- 30 Jun 2026
- Financial year end
- 31 Mar 2026
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Latest news
From the company (NSE)
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