ZF Steering Gear (India) Ltd.

1119.00 +11.65 ▲1.1%

30 April 2024, 04:01:00 PM
Volume: 4,735

Company Profile

Sector Automobile & Ancillaries Sector Icon Automobile & Ancillaries Compare with Sector peers
Industry Auto Ancillary Industry Icon Auto Ancillary Compare with Industry peers
Website http://www.zfindia.com
Market Cap 1,007.36 Cr.
Enterprise Value(EV) 1,056.25 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 50.16 Trailing Twelve Months Ending 2023-12
Price-Earning Ratio (PE) 22.14 Trailing Twelve Months Ending 2023-12
Industry PE 40.05 Trailing Twelve Months Ending 2023-12
Book Value / Share 495.57 Trailing Twelve Months Ending 2023-12
Price to Book Value 2.24 Calculated using Price: 1,110.25
Dividend Yield 0.45 Period Ending 2023-03
No. of Shares Subscribed 0.91 Cr. 9,073,300 Shares
FaceValue 10
About ZF Steering Gear (India) Ltd.
ZF Steering Gear started in 1981 to manufacture Mechanical - worm & roller and integral hydraulic power steering gears in financial and technical collaboration with ZF Friedrichafen AG Germany, the world's largest independent steering gears manufacturer.

ZF Steering Gear (India) Ltd. Delivery

Delivered Qty
Traded Qty

ZF Steering Gear (India) Ltd. Performance

1 Day
+1.05%
1 Week
+12.18%
1 Month
+36.46%
3 Month
+15.82%
6 Month
+47.45%
1 Year
+100.45%
2 Year
+140.98%
5 Year
+90.92%
10 Year
+277.53%

ZF Steering Gear (India) Ltd. Fundamental Ratios

6 years 2015-03 2016-03 2017-03 2018-03 2019-03 2023-03
Return on Equity (%) 9.89 11.73 20.37 16.66 20.62 6.51
Return on Capital Employed (%) 12.43 16.17 22.44 18.7 14.78 8.84
Return on Assets (%) 6.51 7.75 13.41 11.03 14.7 5.12

ZF Steering Gear (India) Ltd. Balance Sheet

Particulars 7 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds 212 224 264 301 335 419 438
Non Curr. Liab. 19 13 35 35 11 14 19
Curr. Liab. 87 100 105 114 96 84 106
Minority Int. 0
Equity & Liab. 317 337 404 449 443 516 564
Non Curr. Assets 192 218 271 297 306 344 388
Curr. Assets 123 119 133 152 137 172 176
Misc. Exp. not W/O 3
Total Assets 317 337 404 449 443 516 564

ZF Steering Gear (India) Ltd. Profit and Loss

Particulars 7 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2023-03 Rs. Cr. 2023-12 Rs. Cr. TTM
Net Sales 351 424 399 425 439 450 479
Other Income 10 6 12 10 11 13 33
Total Income 361 430 410 434 450 464 512
Total Expenditure -305 -360 -317 -336 -364 -395 -421
PBIDT 56 70 94 98 86 69 91
Interest -1 -2 -2 -3 -2 -1 -1
Depreciation -27 -31 -28 -33 -31 -32 -33
Taxation -7 -12 -13 -14 12 -12 -11
Exceptional Items
PAT 21 25 50 47 66 25 46
Minority Interest 0
Share Associate -18 -4 -22
Other Related Items
Consolidated Net Profit 21 25 31 43 44 25 46
Adjusted EPS 23 28 35 48 48 27 50

ZF Steering Gear (India) Ltd. Cash Flow

Particulars 6 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. 48 51 63 68 72 49
Cash Fr. Inv. -37 -43 -47 -55 -42 -63
Cash Fr. Finan. -2 -14 -16 -10 -29 12
Net Change 9 -6 0 2 1 -2
Cash & Cash Eqvt 23 7 2 4 6 0

ZF Steering Gear (India) Ltd. Shareholding Pattern

9 Qtrs 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%) 2024-03 (%)
Promoter 67.43 67.43 67.41 67.41 67.31 67.18 67.18 67.18 67.17
Public 32.57 32.57 32.59 32.59 32.69 32.82 32.82 32.82 32.83
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
No. of Shareholders (in Lacs)

ZF Steering Gear (India) Ltd. Announcements

Mon, 22 Apr 2024
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompanyZ.F.STEERING GEAR (INDIA) LTD.-
2CIN NO.L29130PN1981PLC023734
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 0.00
4Highest Credit Rating during the previous FY A+
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)ICRA LIMITED
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: Mr Satish Mehta
Designation: Company Secretary and Compliance Officer
EmailId: satish.mehta@zfindia.com
Name of the Chief Financial Officer: Jinendra Jain
Designation: Chief Financial Officer
EmailId: jinendra.jain@zfindia.com

Date: 22/04/2024

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Sat, 20 Apr 2024
Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot
Voting Results for Postal Ballot held from March 21 2024 to April 19 2024.
Sat, 20 Apr 2024
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
Scrutinizers Report for Postal Ballot held during March 21 2024 to April 19 2024.

ZF Steering Gear (India) Ltd. Technical Scans

Tue, 30 Apr 2024
Close Within 52 Week High Zone Close Within 52 Week High Zone
High Increase in 1 Month High Increase in 1 Month
High Increase in 3 Months High Increase in 3 Months
High Increase in 6 Months High Increase in 6 Months
High Increase in 1 Year High Increase in 1 Year

ZF Steering Gear (India) Ltd. Related Stocks

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Tata Motors Ltd. 334,983.04 1,009.35 +0.9%
Mahindra & Mahindra Ltd. 268,142.12 2,156.30 +4.5%
Bajaj Auto Ltd. 248,686.35 8,938.60 +2.0%
Eicher Motors Ltd. 125,842.44 4,596.05 +0.4%
TVS Motor Company Ltd. 97,962.96 2,069.85 +1.6%
Hero MotoCorp Ltd. 90,812.45 4,543.05 +1.9%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2024-03 29.85 12,806.45 +0.9%
Tata Motors Ltd. Consolidated 2023-12 17.27 1,009.35 +0.9%
Mahindra & Mahindra Ltd. Consolidated 2023-12 24.05 2,156.30 +4.5%
Bajaj Auto Ltd. Consolidated 2024-03 32.26 8,938.60 +2.0%
Eicher Motors Ltd. Consolidated 2023-12 32.80 4,596.05 +0.4%
TVS Motor Company Ltd. Consolidated 2023-12 59.90 2,069.85 +1.6%
Hero MotoCorp Ltd. Consolidated 2023-12 25.12 4,543.05 +1.9%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2024-03 4.70 12,806.45 +0.9%
Tata Motors Ltd. Consolidated 2023-12 5.54 1,009.35 +0.9%
Mahindra & Mahindra Ltd. Consolidated 2023-12 4.24 2,156.30 +4.5%
Bajaj Auto Ltd. Consolidated 2024-03 8.59 8,938.60 +2.0%
Eicher Motors Ltd. Consolidated 2023-12 7.48 4,596.05 +0.4%
TVS Motor Company Ltd. Consolidated 2023-12 14.32 2,069.85 +1.6%
Hero MotoCorp Ltd. Consolidated 2023-12 4.85 4,543.05 +1.9%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 0.02 12,806.45 +0.9%
Tata Motors Ltd. Consolidated 2023-03 2.78 1,009.35 +0.9%
Mahindra & Mahindra Ltd. Consolidated 2023-03 1.58 2,156.30 +4.5%
Bajaj Auto Ltd. Consolidated 2023-03 0.00 8,938.60 +2.0%
Eicher Motors Ltd. Consolidated 2023-03 0.01 4,596.05 +0.4%
TVS Motor Company Ltd. Consolidated 2023-03 3.93 2,069.85 +1.6%
Hero MotoCorp Ltd. Consolidated 2023-03 0.02 4,543.05 +1.9%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 14.02 12,806.45 +0.9%
Tata Motors Ltd. Consolidated 2023-03 5.24 1,009.35 +0.9%
Mahindra & Mahindra Ltd. Consolidated 2023-03 22.09 2,156.30 +4.5%
Bajaj Auto Ltd. Consolidated 2023-03 20.50 8,938.60 +2.0%
Eicher Motors Ltd. Consolidated 2023-03 21.19 4,596.05 +0.4%
TVS Motor Company Ltd. Consolidated 2023-03 26.44 2,069.85 +1.6%
Hero MotoCorp Ltd. Consolidated 2023-03 17.26 4,543.05 +1.9%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 14.02 12,806.45 +0.9%
Tata Motors Ltd. Consolidated 2023-03 5.24 1,009.35 +0.9%
Mahindra & Mahindra Ltd. Consolidated 2023-03 22.09 2,156.30 +4.5%
Bajaj Auto Ltd. Consolidated 2023-03 20.50 8,938.60 +2.0%
Eicher Motors Ltd. Consolidated 2023-03 21.19 4,596.05 +0.4%
TVS Motor Company Ltd. Consolidated 2023-03 26.44 2,069.85 +1.6%
Hero MotoCorp Ltd. Consolidated 2023-03 17.26 4,543.05 +1.9%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 117,571.30 12,806.45 +0.9%
Tata Motors Ltd. Consolidated 2023-03 345,966.97 1,009.35 +0.9%
Mahindra & Mahindra Ltd. Consolidated 2023-03 121,268.55 2,156.30 +4.5%
Bajaj Auto Ltd. Consolidated 2023-03 36,455.38 8,938.60 +2.0%
Eicher Motors Ltd. Consolidated 2023-03 14,442.18 4,596.05 +0.4%
TVS Motor Company Ltd. Consolidated 2023-03 31,973.99 2,069.85 +1.6%
Hero MotoCorp Ltd. Consolidated 2023-03 34,158.38 4,543.05 +1.9%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 8,211.00 12,806.45 +0.9%
Tata Motors Ltd. Consolidated 2023-03 2,353.49 1,009.35 +0.9%
Mahindra & Mahindra Ltd. Consolidated 2023-03 11,374.48 2,156.30 +4.5%
Bajaj Auto Ltd. Consolidated 2023-03 6,060.21 8,938.60 +2.0%
Eicher Motors Ltd. Consolidated 2023-03 2,913.94 4,596.05 +0.4%
TVS Motor Company Ltd. Consolidated 2023-03 1,309.46 2,069.85 +1.6%
Hero MotoCorp Ltd. Consolidated 2023-03 2,799.90 4,543.05 +1.9%

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