ResultsIQ

ResultsIQ › Latest results › ZF Commercial Vehicle Control Systems India Limited

ZF Commercial Vehicle Control Systems India Limited Q1 FY26 earnings call summary

NSE: ZFCVINDIA · BSE: 533023

Earnings call of 14 Aug 2025, summarised by AI from the filing.

Q1 FY26 revenue ₹1,042.15 cr (+7.3% YoY) with highest ever EBITDA margin of 23.42%; ESC volumes to double from September.

Key takeaways

  1. Revenue ₹1,042.15 cr (Q1 FY25: ₹971.06 cr, +7.3% YoY), second consecutive quarter above ₹1,000 cr.
  2. Guidance Pneumatic ESC volumes expected to double to 3,500-4,000 pieces per month from September 2025.
  3. Change Highest ever EBITDA margin of 23.42% in Q1 FY26.
  4. Driver OE sales grew 7.8% on increased penetration of AMT, ECAS, and e-mobility solutions.
  5. Risk Export order book forecast challenged by geopolitical impacts; US demand decline.

Original filing on BSE

ZF Commercial Vehicle Control Systems India Limited Q1 FY27 results

As filed: Revenue ₹1,066 cr (+9% year on year), EBITDA ₹138 cr (+5% year on year), PAT ₹104 cr (−14% year on year), EBITDA margin 12.9% (−49 bps).

The Q1 FY27 score, against the company's own trend, is for premium members.

Earlier results and the share price after them

  • Q4 FY26: Revenue ₹1,155 cr (+14% year on year), EBITDA ₹190 cr (+9% year on year), PAT ₹146 cr (+15% year on year), EBITDA margin 16.4% (−85 bps). Score 63 of 100, In line with trend. Revenue growth was well above the company's own trend; EBITDA growth was in line with it; profit growth was above it. EBITDA margin fell 85 bps year on year. Share price after the results: +2.0% in 30 days (Nifty 500: +1.0%).
  • Q3 FY26: Revenue ₹1,075 cr (+12% year on year), EBITDA ₹199 cr (+12% year on year), PAT ₹140 cr (+12% year on year), EBITDA margin 18.5% (+12 bps). Score 75 of 100, Above trend. Revenue growth was well above the company's own trend; EBITDA growth was above it; profit growth was in line with it. EBITDA margin rose 12 bps year on year. Revenue grew on the previous quarter, against its usual seasonal pattern. Share price after the results: −8.2% in 30 days (Nifty 500: −7.8%).
  • Q2 FY26: Revenue ₹913 cr (0% year on year), EBITDA ₹134 cr (−4% year on year), PAT ₹108 cr (−1% year on year), EBITDA margin 14.7% (−58 bps). Score 27 of 100, Below trend. Revenue growth was in line with the company's own trend; EBITDA growth was below it; profit growth was well below it. EBITDA margin fell 58 bps year on year. Other income 31% of PBT. Revenue fell 6% from last quarter. Share price after the results: +15.7% in 30 days (Nifty 500: +0.3%).
  • Q1 FY26: Revenue ₹976 cr (+3% year on year), EBITDA ₹131 cr (−6% year on year), PAT ₹122 cr (+23% year on year), EBITDA margin 13.4% (−138 bps). Score 39 of 100, Below trend. Revenue and profit growth were above the company's own trend; EBITDA growth was well below it. EBITDA margin fell 138 bps year on year. Other income 41% of PBT. Revenue fell 4% from last quarter. Share price after the results: −1.6% in 30 days (Nifty 500: +2.4%).
  • Q4 FY25: Revenue ₹1,012 cr (+6% year on year), EBITDA ₹175 cr (+20% year on year), PAT ₹127 cr (+27% year on year), EBITDA margin 17.3% (+207 bps). Score 73 of 100, Above trend. Revenue and EBITDA growth were above the company's own trend; profit growth was well above it. EBITDA margin rose 207 bps year on year. Share price after the results: −0.6% in 29 days (Nifty 500: +0.5%).
  • Q3 FY25: Revenue ₹962 cr (+7% year on year), EBITDA ₹177 cr (+33% year on year), PAT ₹125 cr (+24% year on year), EBITDA margin 18.4% (+360 bps). Score 89 of 100, Above trend. Revenue, EBITDA and profit growth were well above the company's own trend. EBITDA margin rose 360 bps year on year.
  • Q2 FY25: Revenue ₹911 cr (−8% year on year), EBITDA ₹139 cr (−4% year on year), PAT ₹109 cr (+3% year on year), EBITDA margin 15.3% (+64 bps). Score 22 of 100, Below trend. EBITDA margin rose 64 bps year on year. Other income 27% of PBT. Not enough history for a trend yet: scored on growth alone. Revenue fell 4% from last quarter.

Past price moves after results do not indicate future moves. Not a recommendation.

ZF Commercial Vehicle Control Systems India Limited earnings call, investor presentation and press release summaries

Figures from the company's filings with NSE and BSE. Not investment advice.