ZF Commercial Vehicle Control Systems India Ltd.
ZFCVINDIAConsumer Discretionary filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
18 transcript(s)/analyst meet(s) served; 9 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 18 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| COVER_LETTER | 20201023 | 2020-09-30 | no | |
| COVER_LETTER | 20210208 | 2020-12-31 | no | |
| COVER_LETTER | 20220629 | 2022-03-31 | no | |
| ANALYST_MEET | 20220818 | 2022-06-30 | yes | |
| ANALYST_MEET | 20221122 | 2022-09-30 | yes | |
| COVER_LETTER | 20230210 | 2022-12-31 | no | |
| COVER_LETTER | 20230602 | 2023-03-31 | no | |
| COVER_LETTER | 20230807 | 2023-06-30 | no | |
| ANALYST_MEET | 20231107 | 2023-09-30 | yes | |
| ANALYST_MEET | 20240207 | 2023-12-31 | yes | |
| ANALYST_MEET | 20240603 | 2024-03-31 | yes | |
| ANALYST_MEET | 20240731 | 2024-06-30 | yes | |
| DUPLICATE | 20240731 | 2024-06-30 | no | |
| TRANSCRIPT | 20241119 | 2024-09-30 | yes | |
| TRANSCRIPT | 20251112 | 2024-09-30 | yes | |
| TRANSCRIPT | 20250214 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250523 | 2025-03-31 | yes | |
| TRANSCRIPT | 20250820 | 2025-06-30 | yes | |
| DUPLICATE | 20251112 | 2025-09-30 | no | |
| TRANSCRIPT | 20260217 | 2025-12-31 | yes | |
| TRANSCRIPT | 20260521 | 2026-03-31 | yes | |
| DUPLICATE | 20260521 | 2026-03-31 | no | |
| TRANSCRIPT | 20260803 | 2026-06-30 | yes |
ZFCVINDIA
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
The closes are adjusted for every split and bonus on record inside the period this series covers, and each adjustment is checked against the price move on its ex-date.
| Last close | 2,345.50 |
| 52-week range | 2070.67 – 2686.0 |
| Return 1M | -9.89% |
| Return 3M | -10.34% |
| Return 1Y | 8.72% |
| Return 3Y | -8.25% |
| Return 5Y | 98.24% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 1,066.00 |
| Other income | 36.00 |
| Total income | 1,102.00 |
| Cost of materials consumed | 638.00 |
| Purchases of stock-in-trade | 0.00 |
| Changes in inventories | -5.00 |
| Employee benefit expense | 170.00 |
| Finance costs | 1.00 |
Ownership — 2026-06-30, and the change from 2026-06-25
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.60 | 0.00 |
| institutions foreign | 0.06 | -0.00 |
| institutions domestic | 0.25 | 0.00 |
| mutual funds | 0.24 | -0.00 |
| public | 0.40 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| ANALYST_MEET | 2024-06-30 | 6 |
| COVER_LETTER | 2023-06-30 | 6 |
| DUPLICATE | 2026-03-31 | 3 |
| TRANSCRIPT | 2026-06-30 | 8 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 793.00 | 876.00 | 977.00 | 967.00 | 992.00 | 899.00 | 959.00 | 946.00 | 911.00 | 962.00 | 1,012.00 | 976.00 | 913.00 | 1,075.00 | 1,155.00 | 1,066.00 |
| Other income | 12.00 | 26.00 | 18.00 | 21.00 | 24.00 | 29.00 | 20.00 | 25.00 | 39.00 | 17.00 | 27.00 | 67.00 | 45.00 | 30.00 | 42.00 | 36.00 |
| Total income | 805.00 | 902.00 | 995.00 | 988.00 | 1,016.00 | 928.00 | 979.00 | 971.00 | 950.00 | 979.00 | 1,039.00 | 1,042.00 | 958.00 | 1,105.00 | 1,197.00 | 1,102.00 |
| Cost of materials consumed | 497.00 | 555.00 | 629.00 | 597.00 | 613.00 | 544.00 | 596.00 | 550.00 | 531.00 | 542.00 | 607.00 | 556.00 | 520.00 | 596.00 | 686.00 | 638.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 6.00 | -4.00 | -7.00 | 2.00 | 2.00 | 9.00 | -17.00 | 11.00 | -4.00 | 4.00 | -18.00 | 9.00 | -5.00 | 10.00 | -3.00 | -5.00 |
| Employee benefit expense | 92.00 | 95.00 | 103.00 | 115.00 | 117.00 | 116.00 | 118.00 | 137.00 | 133.00 | 140.00 | 129.00 | 150.00 | 144.00 | 146.00 | 170.00 | 170.00 |
| Finance costs | 2.00 | 2.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 | 1.00 | 1.00 |
| Depreciation and amortisation | 27.00 | 28.00 | 27.00 | 28.00 | 27.00 | 26.00 | 29.00 | 29.00 | 31.00 | 32.00 | 32.00 | 33.00 | 32.00 | 33.00 | 34.00 | 32.00 |
| Other expenses | 90.00 | 110.00 | 109.00 | 112.00 | 115.00 | 96.00 | 115.00 | 109.00 | 111.00 | 99.00 | 118.00 | 129.00 | 119.00 | 124.00 | 112.00 | 125.00 |
| Total expenses | 715.00 | 786.00 | 860.00 | 855.00 | 875.00 | 793.00 | 842.00 | 838.00 | 804.00 | 818.00 | 870.00 | 878.00 | 812.00 | 911.00 | 1,000.00 | 962.00 |
| Profit before exceptional items and tax | 90.00 | 116.00 | 135.00 | 134.00 | 141.00 | 135.00 | 136.00 | 134.00 | 146.00 | 161.00 | 169.00 | 164.00 | 146.00 | 194.00 | 197.00 | 140.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -8.00 | 0.00 | 0.00 |
| Profit before tax | 90.00 | 116.00 | 135.00 | 134.00 | 141.00 | 135.00 | 136.00 | 134.00 | 146.00 | 161.00 | 169.00 | 164.00 | 146.00 | 187.00 | 197.00 | 140.00 |
| Current tax | 22.00 | 31.00 | 35.00 | 36.00 | 38.00 | 36.00 | 36.00 | 36.00 | 35.00 | 31.00 | 42.00 | 45.00 | 39.00 | 49.00 | 53.00 | 37.00 |
| Deferred tax | -0.00 | -1.00 | -2.00 | -2.00 | -3.00 | -1.00 | -0.00 | -2.00 | 2.00 | 4.00 | 1.00 | -3.00 | -1.00 | -3.00 | -3.00 | -1.00 |
| Tax expense | 22.00 | 30.00 | 34.00 | 34.00 | 36.00 | 35.00 | 36.00 | 34.00 | 37.00 | 35.00 | 42.00 | 42.00 | 38.00 | 46.00 | 50.00 | 36.00 |
| Profit for the period | 69.00 | 85.00 | 101.00 | 100.00 | 106.00 | 101.00 | 100.00 | 99.00 | 109.00 | 125.00 | 127.00 | 122.00 | 108.00 | 140.00 | 146.00 | 104.00 |
| Profit attributable to owners | — | — | — | — | — | — | — | 0.00 | — | — | — | — | — | — | — | 0.00 |
| Profit attributable to non-controlling interests | — | — | — | — | — | — | — | 0.00 | — | — | — | — | — | — | — | 0.00 |
| Other comprehensive income | 4.00 | 1.00 | -4.00 | 0.00 | 1.00 | 0.00 | -2.00 | -0.00 | -3.00 | 1.00 | -2.00 | -0.00 | 2.00 | 0.00 | -8.00 | -0.00 |
| Total comprehensive income | 72.00 | 86.00 | 97.00 | 100.00 | 106.00 | 101.00 | 99.00 | 99.00 | 106.00 | 126.00 | 125.00 | 122.00 | 111.00 | 140.00 | 139.00 | 104.00 |
| Earnings per share, basic | 36.19 | 45.04 | 53.36 | 52.58 | 55.72 | 53.16 | 52.83 | 52.42 | 57.53 | 66.15 | 66.81 | 64.52 | 57.08 | 73.90 | 77.14 | 9.18 |
| Earnings per share, diluted | 36.19 | 45.04 | 53.36 | 52.58 | 55.72 | 53.16 | 52.83 | 52.42 | 57.53 | 66.15 | 66.81 | 64.52 | 57.08 | 73.90 | 77.14 | 9.18 |
Annual results, as filed
| Line | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|
| Revenue from operations | 2,543.00 | 3,444.00 | 3,816.00 | 3,831.00 | 4,119.00 |
| Other income | 38.00 | 67.00 | 95.00 | 108.00 | 183.00 |
| Total income | 2,581.00 | 3,511.00 | 3,910.00 | 3,939.00 | 4,302.00 |
| Cost of materials consumed | 1,649.00 | 2,197.00 | 2,350.00 | 2,230.00 | 2,358.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | -6.00 | 0.00 | -3.00 | -7.00 | 11.00 |
| Employee benefit expense | 329.00 | 377.00 | 465.00 | 540.00 | 610.00 |
| Finance costs | 2.00 | 6.00 | 5.00 | 6.00 | 5.00 |
| Depreciation and amortisation | 92.00 | 105.00 | 110.00 | 124.00 | 132.00 |
| Other expenses | 319.00 | 401.00 | 437.00 | 438.00 | 484.00 |
| Total expenses | 2,385.00 | 3,084.00 | 3,364.00 | 3,330.00 | 3,601.00 |
| Profit before exceptional items and tax | 196.00 | 427.00 | 546.00 | 609.00 | 701.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | -8.00 |
| Profit before tax | 196.00 | 427.00 | 546.00 | 609.00 | 693.00 |
| Current tax | 64.00 | 113.00 | 147.00 | 143.00 | 186.00 |
| Deferred tax | -11.00 | -4.00 | -7.00 | 5.00 | -10.00 |
| Tax expense | 54.00 | 109.00 | 140.00 | 149.00 | 176.00 |
| Profit for the period | 142.00 | 318.00 | 406.00 | 461.00 | 517.00 |
| Other comprehensive income | -4.00 | 0.00 | -1.00 | -4.00 | -5.00 |
| Total comprehensive income | 139.00 | 318.00 | 406.00 | 456.00 | 512.00 |
| Earnings per share, basic | 74.90 | 167.48 | 214.28 | 242.90 | 272.65 |
| Earnings per share, diluted | 74.90 | 167.48 | 214.28 | 242.90 | 272.65 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 2,764.00 | 3,022.00 | 3,220.00 | 3,382.00 | 3,594.00 | 3,785.00 | 4,013.00 | 4,425.00 |
| Non-current assets | 724.00 | 784.00 | 813.00 | 907.00 | 917.00 | 944.00 | 909.00 | 933.00 |
| Current assets | 2,040.00 | 2,239.00 | 2,408.00 | 2,475.00 | 2,677.00 | 2,842.00 | 3,104.00 | 3,493.00 |
| Property, plant and equipment | 543.00 | 575.00 | 547.00 | 659.00 | 661.00 | 723.00 | 715.00 | 720.00 |
| Capital work-in-progress | 43.00 | 77.00 | 133.00 | 84.00 | 92.00 | 68.00 | 65.00 | 61.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other intangible assets | 12.00 | 12.00 | 8.00 | 11.00 | 10.00 | 11.00 | 7.00 | 6.00 |
| Inventories | 132.00 | 157.00 | 156.00 | 175.00 | 186.00 | 191.00 | 266.00 | 281.00 |
| Trade receivables | 694.00 | 758.00 | 821.00 | 936.00 | 1,007.00 | 1,120.00 | 891.00 | 942.00 |
| Cash and cash equivalents | 111.00 | 86.00 | 77.00 | 114.00 | 63.00 | 130.00 | 165.00 | 192.00 |
| Total equity and liabilities | 2,764.00 | 3,022.00 | 3,220.00 | 3,382.00 | 3,594.00 | 3,785.00 | 4,013.00 | 4,425.00 |
| Equity | 2,226.00 | 2,409.00 | 2,591.00 | 2,790.00 | 2,964.00 | 3,215.00 | 3,411.00 | 3,691.00 |
| Equity share capital | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 |
| Other equity | 2,216.00 | 2,400.00 | 2,581.00 | 2,781.00 | 2,954.00 | 3,205.00 | 3,402.00 | 3,681.00 |
| Total liabilities | 539.00 | 613.00 | 630.00 | 591.00 | 631.00 | 571.00 | 601.00 | 735.00 |
| Non-current liabilities | 56.00 | 78.00 | 79.00 | 81.00 | 78.00 | 81.00 | 75.00 | 76.00 |
| Current liabilities | 483.00 | 536.00 | 551.00 | 510.00 | 553.00 | 490.00 | 526.00 | 659.00 |
| Borrowings, non-current | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Borrowings, current | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Trade payables | 337.00 | 360.00 | 384.00 | 383.00 | 385.00 | 351.00 | 371.00 | 462.00 |
Cash flow, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | 147.00 | 298.00 | 169.00 | 193.00 | 155.00 | 286.00 | 445.00 | 810.00 |
| Net cash from investing activities | -98.00 | -271.00 | -150.00 | -131.00 | -165.00 | -228.00 | -372.00 | -707.00 |
| Net cash from financing activities | -27.00 | -31.00 | -28.00 | -34.00 | -41.00 | -44.00 | -43.00 | -52.00 |
| Purchase of property, plant and equipment | 53.00 | 128.00 | 92.00 | 195.00 | 63.00 | 167.00 | 61.00 | 146.00 |
| Net increase in cash | 22.00 | -3.00 | -10.00 | 28.00 | -51.00 | 15.00 | 36.00 | 62.00 |
| con:CFO.BEFORE_TAX | 188.00 | 410.00 | 229.00 | 371.00 | 209.00 | 422.00 | 486.00 | 949.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 139.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 42.00 | 111.00 | 60.00 | 178.00 | 54.00 | 135.00 | 42.00 | 0.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 738.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 190.00 |
| con:PPE_DISPOSALS | 0.00 | 0.00 | 0.00 | 0.00 | -1.00 | 1.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-25 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 75.00 | 75.00 | 75.00 | 75.00 | 67.49 | 67.49 | 63.16 | 63.16 | 60.00 | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 |
| Domestic institutions | 16.13 | 15.90 | 15.78 | 15.77 | 21.19 | 21.03 | 23.85 | 23.33 | 26.36 | 0.26 | 0.27 | 0.26 | 0.25 | 0.25 |
| Mutual funds | — | — | — | — | — | — | — | — | 24.78 | 0.25 | 0.26 | 0.25 | 0.24 | 0.24 |
| Insurance companies | 1.06 | 0.97 | 1.01 | 1.26 | 1.48 | 1.50 | 1.63 | 1.25 | 1.30 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Foreign institutions | 1.27 | 1.79 | 2.01 | 2.24 | 3.74 | 4.13 | 5.10 | 5.57 | 5.73 | 0.06 | 0.05 | 0.06 | 0.06 | 0.06 |
| Government | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Public | 25.00 | 25.00 | 25.00 | 25.00 | 32.51 | 32.51 | 36.84 | 36.84 | 40.00 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 |
| Non-institutional | 7.60 | 7.31 | 7.20 | 6.99 | 7.58 | 7.35 | 7.88 | 7.94 | 7.91 | 0.08 | 0.08 | 0.08 | 0.09 | 0.09 |
| Shares outstanding | 18967584 | 18967584 | 18967584 | 18967584 | 18967584 | 18967584 | 18967584 | 18967584 | 18967584 | 18967584 | 18967584 | 18967584 | 113805504 | 113805504 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| ZF CV Systems Global GmbH | Fellow Subsidiary | Any other transaction, Purchase of goods or services | 7,384,045,000.00 | 6 |
| ZF CV Systems Europe BV Belgium | Fellow Subsidiary | Any other transaction | 417,925,000.00 | 1 |
| ZF Friedrichshafen AG | Fellow Subsidiary | Any other transaction, Purchase of goods or services | 274,722,000.00 | 4 |
| ZF Commercial Vehicle Systems (Qingdao) Co Ltd | Fellow Subsidiary | Purchase of goods or services, Sale of goods or serv | 158,656,000.00 | 3 |
| ZF Automotive Brasil LTDA. | Fellow Subsidiary | Purchase of goods or services, Sale of goods or serv | 126,639,000.00 | 2 |
| ZF CV Solutions Japan, Inc. | Fellow Subsidiary | Purchase of goods or services, Sale of goods or serv | 110,075,000.00 | 2 |
| ZF CV Middle East and Africa FZCO | Fellow Subsidiary | Sale of goods or services | 42,793,000.00 | 1 |
| ZF CV Systems Europe BV | Fellow Subsidiary | Any other transaction, Sale of goods or services | 37,629,000.00 | 2 |
| ZF Commercial Vehicles Control System India LTD | Holding Company | Any other transaction, Interest paid, Purchase of fi | 33,408,000.00 | 8 |
| ZF India Private Limited | Fellow Subsidiary | Any other transaction, Purchase of goods or services | 21,476,000.00 | 8 |
| ZF CV Solutions (Thailand) Limited (WABCO (Thailand) Limited | Fellow Subsidiary | Any other transaction, Purchase of goods or services | 20,009,000.00 | 3 |
| WABCO Asia PTE Ltd | Holding Company | Sale of goods or services | 13,926,000.00 | 1 |
| ZF CV Distribution Germany GmbH & Co | Fellow Subsidiary | Purchase of goods or services | 12,865,000.00 | 1 |
| ZF (Shanghai) Management Co., Ltd. | Fellow Subsidiary | Purchase of goods or services, Sale of goods or serv | 10,256,000.00 | 2 |
| WABCO IP Holdings LLC USA | Fellow Subsidiary | Any other transaction | 10,032,000.00 | 1 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-05-21 | Q4FY26 | LIMITED, SYSTEMS INDIA LIMITED | Read the call |
| 2026-02-17 | Q3FY26 | LIMITED | Read the call |
| 2025-11-12 | Q2FY26 | LIMITED | Read the call |
| 2025-05-23 | Q4FY25 | LIMITED, SECURITIES | Read the call |
| 2025-02-14 | Q3FY25 | LIMITED, SECURITIES | Read the call |
| 2024-11-19 | Q2FY25 | Read the call | |
| 2024-07-31 | Q1FY25 | Read the call | |
| 2024-06-03 | Q4FY24 | LIMITED | Read the call |
| 2024-02-07 | Q3FY24 | Read the call | |
| 2023-11-07 | Q2FY24 | Read the call | |
| 2022-11-22 | Q2FY23 | SYSTEMS INDIA LIMITED | Read the call |
| 2022-08-18 | Q1FY23 | COMMERCIAL, CONTROL, KANIAPPAN, LIMITED, MANAGING | Read the call |
Some earlier announcements under this heading are covering letters only — no transcript was attached.
What they said about it, quarter by quarter
| Topic | Q2FY25 | Q2FY26 | Q3FY24 | Q3FY25 | Q3FY26 | Q4FY24 | Q4FY25 | Q4FY26 |
|---|---|---|---|---|---|---|---|---|
| Capex | — | — | Actually the PLI call for certain quantum of Capex investment. | — | Sir, for this regulation, would you require any capex requirement for the next few years to support the orders, sir? | So, basically just trying to understand on one side so much of optimism with respect to capex cycle, infrastructure creation, government spending and … | We are expecting to have a capex spend of about INR 190 crores for FY '25-'26. | Just lastly to Sweta ma'am, if you could share what would be the FY27 capex outlook? |
| Capital allocation | — | — | — | — | At this point of time, we are talking about what value we are offering to the customer, and we also have our own testing capability as well as the fie… | — | — | — |
| Costs | — | — | — | — | — | — | — | And team, is it possible to provide how much aluminum and copper consist of our total raw material cost? |
| Debt and cash | — | And also in H2 in the cash flow, we can see almost like INR187 crores of working capital improvement in first half. | — | — | — | — | I would like to ask on the working capital. | Just want to understand whether this is because of some operating deleverage and how do you think this would actually pan out as the outlook remains p… |
| Demand | — | ZF Commercial Vehicle Control Systems India Limited November 06, 2025 Internal Moving forward, we have brightened prospects of agriculture, resiliency… | With strong domestic demand conditions, India remains the fastest-growing major economy and is now the fifth-largest economy in the world. | Again, it's an ongoing more like a 3-year type of pipeline they keep working. | — | And second thing that I just wanted to understand, like, what is the update on the exports- dedicated facility, how's the ramp-up pipeline, what's the… | — | Paramjit, sir, just on the ADAS regulation, can you update how are the OEM order wins happening and order book is building up? |
| Guidance | But we expect that to, in our view, require as we move forward. | In the truck segment, we anticipate several factors that will be conductive to the growth. | So any kind of target or any guidance you want to give like can we see a double digit kind of growth next year in exports? | One is, of course, the global markets are not that much growing, particularly both Europe and the US, but we expect improvements maybe up after two qu… | So, I mean, any outlook for the next couple of years we can provide on exports specifically? | So, we expect the regulation to cover more buses. | Yes, so the government has indicated the 2026 October timeline, we expect pushback from certain stakeholders. | Predicting for next year, we expect -- since we are seeing this gap narrow down, what we would expect is an increase in the trend in the U.S. markets … |
| Margin | Of course, wherever we are able to reduce the cost and still maintain the margin, we would like to supply even commodity products. | The company has reported an EBITDA margin of 22.9%, profit before tax of 18.6% of product sales at INR145.9 crores and profit after tax of INR108.3 cr… | So can we assume that it would continue to be 15% margin in FY2025 or in the next quarter? | Firstly, to Sweta ma'am, is there any in this quarter any one-offs in the margin side because you've seen a particular good improvement in the gross m… | My first question is on the EBITDA margins. | — | While our key focus is to continue to improve ZF Commercial Vehicle Control Systems India Limited May 16, 2025 our margin, but okay, we can say we wil… | Firstly, to Sweta ma'am, just on the Q4 margin performance. |
| People | — | This decline was attributed to improved fleet utilization rates, better highway infrastructure, reducing the need for additional vehicles. | See after market is a function of utilization of the vehicles and trucks in the field. | — | ZF Commercial Vehicle Control Systems India Limited February 12, 2026 Internal So, there has been multiple factors related to GST fleet underutilizati… | — | — | So, then impact on freight rates will have cascading effects on the utilization of trucks and thereby the buying capacity of fleet owners. |
| Pricing | And now that further gives us the opportunity, the scale gives us an opportunity to further improve pricing, etc. Because this cost structure, because… | — | — | In this quarter, have we got any benefit of pricing negotiations with customers say, for prior periods, which is kind of cumulatively come in this qua… | So, I mean, is this also driven by this pricing -- the retroactive pricing adjustments? | — | — | And second, connected to the exports is obviously, the U.S. tariffs came in force, and there have been obviously some push and pull and I think stabil… |
| Revenue growth | It won't fully recover, but at least we believe next year as a full year there will be a growth of 7% in our planning that's what we have taken. | However, India's real gross domestic product GDP, driven by strong private consumption and fixed investment recorded a robust growth of 7.8% in Q1 202… | This represented a growth of 9% and was largely driven by: Increased government spending, robust replacement demand, & strong end-user sectors, nota… | Unless otherwise, we have some serious issue on the top line -- on the OE. | I just want to understand, what has been the growth of the trailer segment in the last 9 months because what I understand is that, that segment was ac… | — | — | Last 1-year, we have done extremely well in terms of quarter-on-quarter, in terms of growth in top line. |