ZF Commercial Vehicle Control System India Ltd (Auto Ancillaries - Diversified) — fundamental analysis, earnings data, and key metrics. PE: 51.5. ROE: 15.1%. This stock is not currently in the Nifty 500 momentum outperformers list.
Based on Q3 FY26 earnings • Updated Feb 22, 2026
What: 3,000 additional ESC units driving revenue growth
Impact: +₹50 Cr revenue
“Management stated: 'Just to give a comparison from Q3 of 2425 to the Q3 of 2526 we are seeing approximately 3,000 units of ESC delta'”
What: Recurring Q3 margin improvement pattern
“Management confirmed: 'We actually saw the same last year third quarter as well when sequentially the margins improved more than 300 bits'”
Earnings deceleration risks from management commentary
Trigger: Full implementation of new Labour Codes
Impact: -100 bps margin impact
Management view: Recognized ₹7.93 crore exceptional item related to new Labour Codes implementation
Monitor: Employee benefit provisions
Trigger: Sustained RM cost increases
Impact: -200 bps margin impact
Management view: Not explicitly stated in transcript
Monitor: Cost of materials consumed
Key quotes from recent conference calls
“Just to give a comparison from Q3 of 2425 to the Q3 of 2526 we are seeing approximately 3,000 units of ESC delta — Management”
“We actually saw the same last year third quarter as well when sequentially the margins improved more than 300 bits — Management”
“I'm pleased to note that this is the first time we have also crossed revenues of 1100 crores in a single quarter and we continue to grow sustainably across thousand crores in three out of the last four quarters — Management”
Forward-looking targets from management for Next 2-4 quarters
Revenue Growth Target
10%
Implied PAT Growth
10%
OPM Guidance
17%
Key Milestones
• Maintain revenue above ₹1,000 crore quarterly
• Sustain margin expansion pattern
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Feb 22, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
ZF Commercial Vehicle Control System India Ltd's latest quarterly results (Dec 2025) show
ZF Commercial Vehicle Control System India Ltd's current PE ratio is 51.5x.
ZF Commercial Vehicle Control System India Ltd's price-to-book ratio is 7.6x.
ZF Commercial Vehicle Control System India Ltd's fundamental strength based on key financial ratios
ZF Commercial Vehicle Control System India Ltd has a debt-to-equity ratio of N/A.
ZF Commercial Vehicle Control System India Ltd's return ratios over recent years
ZF Commercial Vehicle Control System India Ltd's operating cash flow is positive (FY2025).
ZF Commercial Vehicle Control System India Ltd's current dividend yield is 0.14%.
ZF Commercial Vehicle Control System India Ltd's shareholding pattern (Dec 2025)
ZF Commercial Vehicle Control System India Ltd's promoter holding has remained stable recently.
ZF Commercial Vehicle Control System India Ltd is an established outperformer with 1 weeks of consecutive Nifty 500 outperformance.
ZF Commercial Vehicle Control System India Ltd has 2 key growth catalysts identified from recent earnings analysis
ZF Commercial Vehicle Control System India Ltd has 2 key risks worth monitoring
In Q3 FY26, ZF Commercial Vehicle Control System India Ltd's management highlighted
ZF Commercial Vehicle Control System India Ltd's management has provided the following forward guidance for Next 2-4 quarters
Based on quantitative research signals, here is why ZF Commercial Vehicle Control System India Ltd may be worth studying
ZF Commercial Vehicle Control System India Ltd investment thesis summary:
ZF Commercial Vehicle Control System India Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
