ZF Steering Gear (India) Limited

BSE: ZFSTEERING · Auto Components & Equipments

52W Range₹570 ₹1,098

Snapshot

Unlock ZF Steering Gear (India) Limited's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

ZF Steering Gear (India) Ltd. specialises in the manufacture and supply of hydraulic power and mechanical steering systems for the automotive industry. The company also operates a renewable energy segment focused on electricity generation via solar and wind assets.

Business Model

The company generates revenue primarily through the sale of steering components to automotive manufacturers and through the sale of power generated by its renewable energy infrastructure.

Growth Outlook

Growth is driven by the demand for advanced steering systems in the Indian automotive sector and the expansion of renewable energy capacity.

Key Risks

  • Cyclical Automotive Demand. The company's performance is highly sensitive to production volumes and cyclical trends within the Indian automotive manufacturing sector.
  • Input Cost Volatility. Fluctuations in the prices of raw materials, particularly steel and other metals, can significantly impact manufacturing margins.
  • Regulatory and Policy Risk. Changes in government policies regarding renewable energy incentives or automotive safety standards could affect operational profitability.
  • Technological Obsolescence. The rapid shift toward electric vehicles and autonomous driving technologies may necessitate significant R&D investment to maintain market relevance.

Start your research today

Unlock AI insights, financials, peers and live data on ZF Steering Gear (India) Limited and 5,000+ companies — free.

Start your research

Key Metrics

REVENUE

₹571 Cr

TTM · consolidated

+16.6%YoY

NET PROFIT

₹17 Cr

TTM · consolidated

+58.1%YoY

EPS

₹16.99

TTM · consolidated

+44.8%YoY

RETURN ON EQUITY

3.6%

TTM · consolidated

+1.3 ppYoY

RETURN ON CAPITAL EMPLOYED

7.1%

TTM · consolidated

+2.1 ppYoY

P/E

39.3x

Q4 FY26 · consolidated

39.3 vs 31.3x5Y avg

EV/EBITDA

8.3x

Q4 FY26 · consolidated

8.3 vs 8.9x5Y avg

EBITDA MARGIN

14.8%

TTM · consolidated

+0.7 ppYoY

NET PROFIT MARGIN

0.5%

Q4 FY26 · consolidated

-1.3 ppYoY

DEBT TO EQUITY

0.2x

Q4 FY26 · consolidated

+0.00xYoY

Peers · Auto Components & Equipments

CompanyMkt CapP/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
ZF Steering Gear (India) LimitedZFSTEERING
₹606 Cr39.298.2816.6%14.8%3.6%7.1%-37.6%
Enkei Wheels (India) LimitedENKEIWHEL
₹701 Cr48.428.9021.1%9.8%6.1%10.3%-18.7%
Kinetic Engineering Ltd.KINETICENG
₹610 Cr453.7045.5010.7%8.9%1.1%4.0%-24.1%
Hindustan Composites LimitedHINDCOMPOS
₹583 Cr18.0313.03-8.1%14.5%2.9%2.7%-12.4%
Triton ValvesTRITONV
₹582 Cr20.0817.4818.6%7.0%8.5%20.8%-57.4%
Munjal ShowaMUNJALSHOW
₹517 Cr20.8111.3512.3%3.3%3.7%4.8%-6.5%

As of Q4 FY26

Financials