ZF Commercial Vehicle Control Systems India Ltd.
NSE: ZFCVINDIAZF Commercial Vehicle Control Systems India Ltd.: A 30-second snapshot
ZF Commercial Vehicle Control Systems India (ZFCVINDIA), a commercial vehicle braking and control systems supplier in the Auto sector, trades at ₹14,516 with a trailing PE of 53.2x and a forward PE of 36.4x. The company reported 5-year revenue and earnings CAGRs of 32.7% and 46.1% respectively, though the quality score of 45 and consistency score of 39 are below the peer median. At ₹14,516, the stock sits above both its 50-DMA (₹14,273) and 200-DMA (₹14,035), and is 12.9% below its 52-week high.
P/E
53.2
Forward P/E
36.4
ROE
—
Debt / Equity
—
Profit Margin
+12.5%
Div. Yield
+0.1%
5Y ROE > 15%
0/5
5Y FCF > 0
2/5
Quality
54/100
News
8 headlines · 5 positive · 0 negative
ZFCVINDIA: Record FY 2025-26 revenue and profit driven by robust domestic demand and new product launches - TradingView
TradingView
ZF Commercial Vehicle Control Systems India Limited announces Annual dividend, payable on August 22, 2026 - marketscreener.com
marketscreener.com
ZFCVINDIA Standalone March 2026 Net Sales at Rs 1,132.80 crore, up 12.92% Y-o-Y - Moneycontrol.com
Moneycontrol.com
ZFCVINDIA Consolidated March 2026 Net Sales at Rs 1,155.23 crore, up 14.17% Y-o-Y - Moneycontrol.com
Moneycontrol.com
Zf Cv Control Systems Manufacturing India Private Limited announced that it expects to receive INR 300 million in funding from ZF Commercial Vehicle Control Systems India Limited - marketscreener.com
marketscreener.com
Recent context
- ·FY2025-26 full-year results were reported as record revenue and profit driven by domestic demand and new product launches; consolidated Q4 net sales rose 14.2% YoY to ₹1,155.2 cr.
- ·The company announced an annual dividend payable August 22, 2026; separately, its subsidiary ZF CV Control Systems Manufacturing India is expected to receive ₹300 million in funding from ZFCVINDIA.
- ·The 3-month price return is -9.0% despite the positive earnings news flow, while the 12-month return stands at 10.7%; RSI is at 49.6, in neutral territory.
Strengths
- +5-year revenue CAGR of 32.7% and earnings CAGR of 46.1% are among the highest absolute growth rates in the 6-stock Auto peer group reviewed.
- +Forward PE of 36.4x represents a meaningful compression from the trailing PE of 53.2x, implying consensus estimates embed a significant step-up in near-term profitability.
- +Record FY2025-26 revenue and profit reported (standalone Q4 net sales ₹1,132.8 cr, up 12.9% YoY; consolidated up 14.2% YoY), with news sentiment across 8 articles running 5 positive and 3 neutral, 0 negative.
- +Current price is above both the 50-DMA (₹14,273) and 200-DMA (₹14,035), maintaining a constructive medium-term price structure.
Weaknesses
- −Trailing PE of 53.2x is the highest among 6 Auto peers reviewed; M&M trades at 20.5x and Eicher Motors at 36.0x, placing ZFCVINDIA at a 48–159% valuation premium to the peer range.
- −Debt trend is classified as rising, and both debt-to-equity ratio and ROE are unavailable from the data feed; zero years of ROE above 15% are recorded in the 5-year persistence window, making capital efficiency difficult to assess.
- −Quality score of 45 ranks 4th of 6 Auto peers and the consistency score of 39 is in the lower tier; positive FCF was recorded in only 2 of the available years, indicating irregular free cash flow generation.
- −Analyst coverage is sparse at 4 analysts with no consensus rating figure available, which reduces the depth of external earnings-estimate validation.
Open questions
- ?Does the forward PE of 36.4x versus trailing 53.2x reflect a genuine step-change in profitability, or is it sensitive to a single year of elevated earnings estimates?
- ?How has the rising debt trend affected operating leverage and free cash flow over the past 3 years, given that D/E data is not available in the current feed?
- ?What proportion of ZFCVINDIA revenue is tied to commercial vehicle volumes in India, and how does the company perform across different CV cycle phases?
- ?Does the quality score gap between ZFCVINDIA (45) and higher-ranked peers like Eicher Motors (60) and Bajaj Auto (55) reflect structural differences in business model, or cyclical variation in margins?
Peer comparison: Auto
Ranks 4 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| ZFCVINDIA | ZF Commercial Vehicle Control Systems India Ltd.You're viewing | 53.2 | — | 45 |
| Industry avg | across 5 peers | 28.0 | +15.0% | 43 |
| EICHERMOT | Eicher Motors Ltd. | 36.0 | — | 60 |
| BAJAJ-AUTO | Bajaj Auto Ltd. | 27.0 | +28.1% | 55 |
| M&M | Mahindra & Mahindra Ltd. | 20.5 | +18.8% | 52 |
| MARUTI | Maruti Suzuki India Ltd. | 28.3 | +14.4% | 31 |
| TMPV | Tata Motors Passenger Vehicles Ltd. | — | -1.1% | 16 |
Technical state
Current price
₹14,516.00
SMA 50
₹14,273.48
SMA 200
₹14,034.85
RSI (14)
49.6 (neutral)
From 52w high
-12.9%
1Y return
+10.7%
3M return
-9.0%
50-DMA
Above
200-DMA
Above
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- mediumTrailing PE of 53.2x is highest among 6 Auto sector peers reviewed; peers range from 20.5x (M&M) to 36.0x (Eicher Motors), placing ZFCVINDIA at a 48–159% premium to those peers.
- mediumQuality score of 45 ranks 4th of 6 Auto peers; consistency score of 39 and only 2 of available years with positive FCF point to uneven earnings quality relative to the 5-year CAGR reported.
- mediumDebt trend is rising; debt-to-equity and ROE are both unavailable (null) in the data feed, and zero years of ROE above 15% are recorded in persistence data, limiting visibility into capital efficiency.
- lowAnalyst coverage is sparse at 4 analysts with no consensus rating figure available, limiting the reliability of external valuation validation.
- low3-month price change of -9.0% contrasts with the 12-month gain of 10.7%; the stock sits 12.9% below its 52-week high, indicating a near-term pullback within the longer uptrend.
Cross-section contradictions
- 5-year earnings CAGR of 46.1% and revenue CAGR of 32.7% are among the strongest growth figures in the peer set, yet the quality score (45) and consistency score (39) rank near the bottom of 6 Auto peers, suggesting growth has not consistently translated into free cash flow or measurable returns on equity.
- News sentiment across 8 articles is entirely positive (5 positive, 3 neutral, 0 negative) with a record FY2026 revenue and profit headline, while the 3-month price return is -9.0%, indicating the market has not uniformly responded to the recent results.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 17 May 2026 · rotates through NIFTY 500 every ~5 days