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Open14,762
High15,159
Low14,741
Prev. Close14,831
Avg. Traded Price14,953.8
Volume9,804

MARKET DEPTH

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HIGH/LOW

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LOW/HIGH

14741.005 hours ago
15159.009 hours ago
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LOWER/UPPER CIRCUITS

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Zf Commercial Vehicle Control Systems India Ltd Stock performance
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KEY OBSERVATIONS

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noteAnnual Revenue,rose 0.73%, in the last year to ₹3,939.16 Cr. Its sector's average revenue growth for the last fiscal year was 7.23%.
noteAnnual Net Profit,rose 13.36% in the last year to ₹460.73 Cr. Its sector's average net profit growth for the last fiscal year was 0.92%.
noteQuarterly Revenue,rose 11.69% YoY to ₹1,104.96 Cr. Its sector's average revenue growth YoY for the quarter was 4.03%.
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LONG-TERM PRICE ANALYSIS

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Stock return5Y CAGR : 17.91%
Net profit growth 5Y CAGR : 7.57%

About ZF Commercial Vehicle Control Systems India Limited (ZF CVCS)

ZF Commercial Vehicle Control Systems India Limited (ZF CVCS) operates as an automotive components business that creates engineering solutions which unite safety features with performance capabilities and connectivity functions for commercial vehicles throughout their entire journey from advanced braking systems to digital fleet management and electric vehicle solutions. The company established its headquarters in Chennai during 2004 and received stock exchange listings from National Stock Exchange of India Limited and BSE Limited. The company operates throughout India through its facilities located in Ambattur, Mahindra World City, Oragadam, Porur and Ramapuram in Chennai and Jamshedpur, Pantnagar and Lucknow. The company operates six manufacturing facilities and two business offices within India but maintains no international sites.

The company provides brake control systems and ADAS technology alongside advanced steering control and wheel-end solutions and air management systems and transmission controls and chassis modules and components and connectivity solutions and safety electronics and digital fleet solutions for operators throughout the vehicle life cycle. ZF CVCS operates with one fully owned subsidiary which it established during FY 2021-22 but it maintains no associates or joint ventures during FY 2024-25.

ZF Commercial Vehicle Control Systems India Limited’s Milestone

The company achieved several important milestones through the launch of Pantnagar Plant (2011) followed by the establishment of Technology Centre and Global Business Services (2015) and Jamshedpur Plant expansion (2017) and Mahindra World City Plant capacity growth (2019) and WABCO acquisition by ZF and ZF WABCO brand adoption (2020) and ZF Commercial Vehicle Control Systems India Limited name change (2022) and Oragadam Plant opening in February 2024 and ESC Test Track opening in November 2024 .

 

ZF Commercial Vehicle Control Systems India Limited Business Segments (FY-25)

  •       The company generates 73.94% of its revenue from manufacturing automotive components including air assist and full air actuation systems and accessories.
  •       The company generates 13.15% of its revenue from spare parts sales.
  •       The company generates 10.51% of its revenue through software services and research and development and business services activities.
  •       The disclosed turnover stems from these combined activities which generate most of the revenue.

 

ZF Commercial Vehicle Control Systems India Limited Key Management

  •       Akash Passey serves as the Chairman of the company since May 22, 2024 as a Non-Executive Non-Independent member. 
  •       P. Kaniappan served as Managing Director until his retirement on June 30, 2025. 
  •       Paramjit Singh Chadha took over as Managing Director of the company starting from July 1, 2025. 
  •       Sweta Agarwal took over as Chief Financial Officer on January 10, 2024. 
  •       M. Muthulakshmi serves as the Company Secretary.

 

Latest Updates On ZF Commercial Vehicle Control Systems India Limited

  •       The company launched its state-of-the-art Oragadam manufacturing facility which now produces e-compressors and ASP cartridges and hydraulic ESCs for Indian OEMs and wheel-end products for both domestic and export markets.
  •       The company launched twin-cylinder compressors and actuators for European markets and actuators and AMTs and APUs and charging valves and ECUs for Indian OEMs.
  •       The company established an ESC Test Track in Chennai which includes a precision steering pad and received TÜV Rheinland and ARAI certifications to speed up validation and homologation processes for various vehicle types.
  •       The company improved its operational speed and customer service through new assembly lines in Jamshedpur and Lucknow and increased braking system production capacity across all plants and implemented smart automation and testing automation and Digital Manufacturing Platform for CNC machine condition monitoring.

 

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Frequently Asked Questions

The company produces commercial vehicle components and solutions which include brake control systems and ADAS technology and steering systems and wheel-end solutions and air management systems and transmission controls and digital fleet management solutions. The company functions as a lifecycle partner which supports OEMs and fleets and aftermarket businesses throughout their entire operations.

ZF CVCS operates its business activities exclusively within India through six manufacturing sites and two office locations spread across Chennai (Ambattur, Mahindra World City, Oragadam, Porur and Ramapuram) and Jamshedpur, Pantnagar and Lucknow. The Company does not maintain any operations outside of India.

The company operates one wholly owned subsidiary as its only subsidiary. The company operated without associates or joint ventures throughout FY 2024-25.

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