ZF Steering Gear (India) Ltd

505163

Summary

Fair Value Assessment
Undervalued (15% Discount)
Fair ValueQ1,198.30UncertaintyHigh
Close Price1,015.70Mar 26, 2025
1,012.75
Price Down by 2.95 | 0.29 %
Previous Close
1,015.70
Day Range
972.55 – 1,031.55
Year Range
802.05 – 1,947.00
Bid / Ask
1,002.15 × 1012.75
Market Cap
9.2 Bil
Volume / Average
1.7 k / 4.0 k
Beta (5-Year)
1.41
Shares Outstanding
9.07 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
ZF Steering Gear (India) Ltd produces and assembles steering systems for vehicles, buses, and tractors. The segment in which the group operates includes Auto Component and Renewable Energy. The company's product range includes steering systems, vane pumps, pump pulleys, oil reservoirs, steering and pump mounting brackets, steering columns, intermediate shafts, universal joints, bevel gears boxes, and power steering oil dexron II. ZF Steering operates its business activity through the plant located in Vadu Budruk, Pune. The company generates the majority of its revenue from the Auto component, which is engaged in the manufacturing of auto components.
Contact
CTS No: 10+10A, Connaught Road Pride Parmar Galaxy, 3rd Floor, Pune, MH 411001
T +91 2067289900
www.zfindia.com opens in a new tab
Sector
Consumer Cyclical
Industry
Auto Parts
Most Recent Earnings
Dec 31, 2024
Fiscal Year End
Mar 31, 2025
Employees
1,489

Key Metrics

Income Statement (in Bil, except ratios)
12/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Revenue
4.79 4.76 4.48 3.11 2.00 2.86
Revenue Growth %
0.71% 6.40% 43.07% 54.85% -29.86% -34.70%
Gross Profit
1.67 1.61 1.52 1.17 0.79 1.08
Gross Profit Margin %
34.77% 33.78% 34.00% 37.61% 39.45% 37.87%
Operating Income
0.15 0.24 0.31 0.15 -0.18 0.07
Operating Margin %
3.15% 5.09% 6.92% 4.73% -9.04% 2.58%
EBIT
0.33 0.52 0.36 0.30 0.06 0.03
EBIT Margin %
6.79% 10.95% 8.15% 9.54% 2.99% 0.90%
EBITDA
0.72 0.86 0.70 0.61 0.44 0.35
EBITDA Margin %
14.98% 18.06% 15.72% 19.64% 21.74% 12.26%
Net Income
0.19 0.44 0.25 0.18 0.09
Net Profit Margin %
3.84% 9.17% 5.48% 5.88% 4.41% -0.10%
Basic EPS
21.26 48.14 27.05 20.14 9.75 -0.31
Diluted EPS
21.26 48.14 27.05 20.14 9.75 -0.31
Normalized EPS
Total Dividends per Share
8.00 5.00
Balance Sheet (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Total Assets
6.10 5.94 5.12 4.72 4.66 4.36
Total Liabilities
1.47 1.36 0.93 0.77 0.89 0.69
Total Debt
0.93 0.77 0.43 0.34 0.32 0.03
Total Equity
4.63 4.58 4.19 3.95 3.77 3.67
Cash And Cash Equivalents
0.11 0.04 0.09 0.05
Working Capital
0.87 0.98 0.88 0.93 0.52 0.30
Shares Outstanding (Bil)
0.01 0.01 0.01
Book Value Per Share
505.01 461.44 435.46 415.11 404.54
Total Debt To Equity
0.20 0.17 0.10 0.09 0.09 0.01
Cash Flow Statement (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
0.17 0.35 0.49 0.15 -0.26 0.76
Cash From Investing Activities
-0.47 -0.52 -0.63 -0.16 0.01 -0.29
Cash From Financing Activities
0.30 0.29 0.12 -0.03 0.26 -0.44
Capital Expenditures
0.94 0.40 0.33 0.10 0.70
Free Cash Flow
-0.46 0.17 0.09 0.09 -0.36
Change in Cash
0.11 -0.02 -0.04 0.01 0.02

Profile

There is no Key Executive Team data available.
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
No Data Available
There is no available information for this investment.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
No Data Available
There is no available information for this investment.

Ownership

Name
% Total
Shares Held
% Total
Assets
Trend
Prev. 8 Qtrs
Change Amount
Change %
Date
Chanakya Multi-Cap Not Rated 0.00 0.00 5
Jan 31, 2025
Total (for Top 5) 0.00 5

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