Z F STEERING GEAR (I) LTD (ZFSTEERING) financials

Z F STEERING GEAR (I) LTD (ZFSTEERING) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 1981, ZF Steering Gear (India) Ltd is in the business of production & assembling of steering systems for vehicles, buses, and tractors[1]

Market Cap: ₹623Cr.
Current Price: ₹684
Stock P/E: 16.0
ROE: 6.35%
ROCE: 10.3%
Book Value: ₹575
Dividend Yield: 0.00%
52W High / Low: ₹1,039/570

In Jun 2026, Z F STEERING GEAR (I) LTD (ZFSTEERING) reported sales ₹138 Cr and net profit ₹19 Cr.

Annual TTM: sales ₹564 Cr, net profit ₹38 Cr.

Shareholding: Promoters 62.82% (Sep 2026), DIIs 0.01% (Sep 2026), Public 37.17% (Sep 2026), No. of Shareholders 9,985% (Sep 2026).

ZFSTEERING quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	111	117	137	131	116	140	169	138
Expenses	99	106	121	114	103	123	152	126
Operating Profit	12	11	15	17	14	18	17	12
OPM %	11%	10%	11%	13%	12%	13%	10%	9%
Other Income	7	3	9	8	1	7	5	19
Interest	1	1	1	1	1	1	1	1
Depreciation	8	8	8	7	7	7	8	6
Profit before tax	11	5	15	17	7	16	13	24
Tax %	46%	31%	34%	28%	41%	29%	67%	23%
Net Profit	6	4	10	12	4	12	4	19
EPS in Rs	6.50	4.01	10.82	13.17	4.56	12.67	4.62	20.41
Raw PDF	—	—	—	—	—	—	—	—

ZFSTEERING profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	287	201	313	450	478	493	557	564
Expenses	254	183	272	394	425	436	492	503
Operating Profit	33	18	41	57	53	57	65	60
OPM %	12%	9%	13%	13%	11%	11%	12%	11%
Other Income	4	26	21	13	38	28	20	32
Interest	1	0	0	1	1	3	3	3
Depreciation	32	38	31	32	33	31	29	29
Profit before tax	3	7	30	37	56	50	53	60
Tax %	109%	-31%	39%	32%	15%	33%	40%	—
Net Profit	-0	9	18	25	48	34	32	38
EPS in Rs	-0.31	9.75	20.14	28.04	52.59	37.35	35.03	42.26
Dividend Payout %	0%	0%	0%	18%	15%	0%	0%	—

ZFSTEERING balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	9	9	9	9	9	9	9	9
Reserves	359	358	368	386	411	454	481	513
Borrowings	46	3	32	34	41	33	41	45
Other Liabilities	73	66	57	44	50	49	64	65
Total Liabilities	487	436	466	473	510	545	594	631
Fixed Assets	111	199	175	159	145	136	132	119
CWIP	26	7	2	2	2	4	2	2
Investments	152	107	120	119	155	142	169	148
Other Assets	198	124	168	192	208	263	291	363
Total Assets	487	436	466	473	510	545	594	631

ZFSTEERING cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	73	75	-26	15	51	43	59	83
Cash from Investing Activity	-43	-29	1	-16	-62	-17	-68	-80
Cash from Financing Activity	-28	-44	26	-3	10	-13	-3	1
Net Cash Flow	2	2	1	-4	-2	13	-12	3
Free Cash Flow	11	5	-36	-18	32	21	37	67
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	113%	238%	-142%	49%	101%	100%	117%	143%

ZFSTEERING shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	67.01%	67.00%	66.93%	66.93%	62.79%	62.75%	62.75%	62.82%
DIIs	0.04%	0.03%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Public	32.96%	32.98%	33.06%	33.04%	37.20%	37.22%	37.23%	37.17%
No. of Shareholders	9,860	9,811	9,667	9,629	9,654	9,663	9,819	9,985

ZFSTEERING key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	64	62	142	105	87	75	83	63
Inventory Days	54	49	116	111	73	78	72	59
Days Payable	51	71	94	53	44	37	50	46
Cash Conversion Cycle	67	41	164	163	115	115	105	76
Working Capital Days	29	31	77	104	70	74	60	39
ROCE %	13%	1%	2%	7%	9%	11%	10%	10%

ZFSTEERINGUpdated 15 Oct 2026, 21:06

Z F Steering Gear (i) Ltd

ZFSTEERINGUpdated 15 Oct 2026, 21:06

Market Cap

₹623Cr.

Current Price

₹684

High / Low

₹1,039/570

Stock P/E

16.0

ROE6.35%

ROCE10.3%

Book Value₹575

Face Value₹10.0

Dividend Yield0.00%

About

Incorporated in 1981, ZF Steering Gear (India) Ltd is in the business of production & assembling of steering systems for vehicles, buses, and tractors[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	121	0	102	7	8	18	32	12	13.19
Sep 2023	119	0	106	6	8	11	-14	13	14.35
Dec 2023	114	0	103	13	8	15	18	12	13.26
Mar 2024	124	0	113	11	9	12	14	11	11.79
Jun 2024	128	1	110	9	7	19	25	15	16
Sep 2024	111	1	99	7	8	11	46	6	6.5
Dec 2024	117	1	106	3	8	5	31	4	4.01
Mar 2025	137	1	121	9	8	15	34	10	10.82
Jun 2025	131	1	114	8	7	17	28	12	13.17
Sep 2025	116	1	103	1	7	7	41	4	4.56
Dec 2025	140	1	123	7	7	16	29	12	12.67
Mar 2026	169	1	152	5	8	13	67	4	4.62
Jun 2026	138	1	126	19	6	24	23	19	20.41

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	330	1	272	9	23	43	17	36	39.19
Mar 2016	381	2	302	6	25	58	23	45	49.66
Mar 2017	399	2	317	12	28	63	21	50	54.8
Mar 2018	436	3	347	10	33	61	23	47	51.88
Mar 2019	439	2	364	-56	31	-14	-90	-1	-1.44
Mar 2020	287	1	254	4	32	3	109	0	-0.31
Mar 2021	201	0	183	26	38	7	-31	9	9.75
Mar 2022	313	0	272	21	31	30	39	18	20.14
Mar 2023	450	1	394	13	32	37	32	25	28.04
Mar 2024	478	1	425	38	33	56	15	48	52.59
Mar 2025	493	3	436	28	31	50	33	34	37.35
Mar 2026	557	3	492	20	29	53	40	32	35.03
TTM	564	3	503	32	29	60	—	38	42.26

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	62.82%
DIIs	0.01%
Public	37.17%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Dec 2023	67.18%	—	0.02%	32.8%
Mar 2024	67.17%	—	0.02%	32.83%
Jun 2024	67.17%	—	0.01%	32.82%
Sep 2024	67.17%	—	0.03%	32.8%
Dec 2024	67.01%	—	0.04%	32.96%
Mar 2025	67%	—	0.03%	32.98%
Jun 2025	66.93%	—	0.01%	33.06%
Sep 2025	66.93%	—	0.01%	33.04%
Dec 2025	62.79%	—	0.01%	37.2%
Mar 2026	62.75%	—	0.01%	37.22%
Jun 2026	62.75%	—	0.01%	37.23%
Sep 2026	62.82%	—	0.01%	37.17%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	9	239	23	65	336	101	1	137	98	336
Mar 2016	9	270	35	61	375	106	1	165	104	375
Mar 2017	9	329	62	61	462	121	0	190	151	462
Mar 2018	9	370	64	68	510	106	1	231	173	510
Mar 2019	9	359	46	73	487	111	26	152	198	487
Mar 2020	9	358	3	66	436	199	7	107	124	436
Mar 2021	9	368	32	57	466	175	2	120	168	466
Mar 2022	9	386	34	44	473	159	2	119	192	473
Mar 2023	9	411	41	50	510	145	2	155	208	510
Mar 2024	9	454	33	49	545	136	4	142	263	545
Mar 2025	9	481	41	64	594	132	2	169	291	594
Mar 2026	9	513	45	65	631	119	2	148	363	631

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	48	-57	-2	-11
Mar 2016	67	-54	-14	-1
Mar 2017	63	-47	-16	0
Mar 2018	68	-55	-10	2
Mar 2019	73	-43	-28	2
Mar 2020	75	-29	-44	2
Mar 2021	-26	1	26	1
Mar 2022	15	-16	-3	-4
Mar 2023	51	-62	10	-2
Mar 2024	43	-17	-13	13
Mar 2025	59	-68	-3	-12
Mar 2026	83	-80	1	3

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	58	53	70	77	64	62	142	105	87	75	83	63
Inventory Days	44	37	60	58	54	49	116	111	73	78	72	59
Days Payable	70	64	69	74	51	71	94	53	44	37	50	46
Cash Conversion Cycle	32	26	61	61	67	41	164	163	115	115	105	76
Working Capital Days	16	6	25	28	29	31	77	104	70	74	60	39
ROCE %	15%	20%	18%	15%	13%	1%	2%	7%	9%	11%	10%	10%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of Z F STEERING GEAR (I) LTD (ZFSTEERING)?

The reported market capitalisation for Z F STEERING GEAR (I) LTD (ZFSTEERING) is ₹623Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of ZFSTEERING?

The current price shown for Z F STEERING GEAR (I) LTD (ZFSTEERING) on Fincrux is ₹684 with a 52-week high/low of ₹1,039/570.

What is the P/E ratio of Z F STEERING GEAR (I) LTD (ZFSTEERING)?

The stock P/E for Z F STEERING GEAR (I) LTD (ZFSTEERING) is 16.0 on Fincrux, with ROE at 6.35% and ROCE at 10.3%.

What were ZFSTEERING latest quarterly results?

For Jun 2026, Z F STEERING GEAR (I) LTD (ZFSTEERING) reported sales ₹138 Cr and net profit ₹19 Cr (figures in ₹ crore unless noted).

What are ZFSTEERING annual sales and net profit?

For TTM, Z F STEERING GEAR (I) LTD (ZFSTEERING) shows sales of ₹564 Cr and net profit of ₹38 Cr on the Fincrux profit & loss statement.

Who owns Z F STEERING GEAR (I) LTD (ZFSTEERING)?

Latest shareholding for Z F STEERING GEAR (I) LTD (ZFSTEERING) on Fincrux: Promoters 62.82% (Sep 2026), DIIs 0.01% (Sep 2026), Public 37.17% (Sep 2026), No. of Shareholders 9,985% (Sep 2026).

Where can I find Z F STEERING GEAR (I) LTD (ZFSTEERING) financials?

Z F STEERING GEAR (I) LTD (ZFSTEERING) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show ZFSTEERING balance sheet and cash flow?

Yes. The Z F STEERING GEAR (I) LTD (ZFSTEERING) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 15 October 2026 at 21:06