# ZFCVINDIA (ZFCVINDIA) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/zfcvindia

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹2,377.6
- Change: -2.76%
- As of: 2026-09-18
- 1D return: -2.38%
- 5D return: -5.59%
- 1M return: -8.95%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, ZFCVINDIA is trading at ₹2387.0, exhibiting a mixed technical stance across different timeframes. The daily timeframe indicates a bearish trend, with the price below key moving averages like the 20-day EMA (₹2512.49) and 50-day EMA (₹2511.86), and the Supertrend indicator also signaling bearish conditions at ₹2618.88. This is further supported by a negative slope in the 20-day SMA. Conversely, the weekly timeframe shows a bullish trend, with the price above the Supertrend indicator (₹2243.39) and the 20-day EMA (₹2488.94) and 50-day EMA (₹2407.7) showing upward momentum. The monthly timeframe presents a bearish outlook, with the price below the Supertrend (₹3093.27) and 20-day EMA (₹2306.38), although the 20-day EMA is trending upwards. Recent patterns include an active Bearish Engulfing Reversal and an Outside Bar on the monthly and weekly charts, respectively, both observed on September 18, 2026. The stock's risk profile includes an annualized volatility of 32% and a current drawdown of -11%.

Nearest resistance is observed at ₹2403.27, approximately 0.68% above the current price, followed by ₹2424.23 (1.56% higher). Key support levels are located at ₹2371.53 (-0.65% lower) and ₹2221.48 (-6.93% lower). The stock's position within its 252-day range is at 34%, indicating it is trading above the lower half of its yearly trading band. The recent anomaly on September 18, 2026, was a moderate downward move with a wide intraday range, contributing to a -2% return for the day.

- Current price on September 18, 2026: ₹2387.0
- Nearest resistance level: ₹2403.27
- Nearest support level: ₹2371.53
- Daily trend: Bearish
- Weekly trend: Bullish
- Monthly trend: Bearish
- Active patterns as of September 18, 2026: Bearish Engulfing Reversal (monthly), Outside Bar (weekly)

- Bearish Engulfing Reversal
- Outside Bar
- Doji
- Bullish Engulfing Reversal
- Inside Bar

### What Changed

ZF Commercial Vehicle Control Systems India (ZFCVINDIA) traded at ₹2,387.0 on September 18, 2026. This represents a decrease from its previous trading price of ₹2,445.2. The company's profile on the NSE remains unchanged, with no new filings or news reported as of the observation date. The technical indicators for daily and weekly trends were not available for comparison.

- On September 18, 2026, ZFCVINDIA's stock price was ₹2,387.0.
- The stock price on September 18, 2026, was lower than the previous trading price of ₹2,445.2.
- No new filings or news were reported for ZFCVINDIA as of September 18, 2026.
- The company continues to be listed on the NSE.

### Official Filings

ZF Commercial Vehicle Control Systems India Limited has announced several key personnel changes and scheduled investor interactions. Mr. Rakesh Mishra was appointed as Chief Financial Officer effective September 1, 2026. Conversely, Mr. Ponraj Pandian resigned from his position as 'Other' effective September 15, 2026. The company also informed the exchange about a change in Directors/KMP/SMP/Auditor/RTA on September 15, 2026, though specific details of this change were not provided in the summary. In terms of financial performance, for the first quarter of FY27 (ending June 30, 2026), the company reported total income of ₹1,101.8 crores, a 5.7% increase year-on-year. Revenue from operations grew by 9.3%. However, Profit After Tax (PAT) decreased by 14.7% to ₹104.5 crores, despite a 16.9% growth in PBT when excluding foreign exchange impacts and one-time items. The company also held its 22nd Annual General Meeting on July 24, 2026, where resolutions including the adoption of FY26 financial statements and a dividend of ₹4 per share were passed. The company has also scheduled meetings with analysts and institutional investors on September 15, 2026.

- Appointment of Mr. Rakesh Mishra as Chief Financial Officer effective September 1, 2026.
- Resignation of Mr. Ponraj Pandian effective September 15, 2026.
- Total income for Q1 FY27 was ₹1,101.8 crores, a 5.7% year-on-year increase.
- Profit After Tax (PAT) for Q1 FY27 was ₹104.5 crores, a 14.7% decrease year-on-year.
- A dividend of ₹4 per share was approved at the Annual General Meeting on July 24, 2026.
- The company scheduled meetings with analysts and institutional investors for September 15, 2026.

- ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- ZF Commercial Vehicle Control Systems India Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- ZF Commercial Vehicle Control Systems India Limited has informed the Exchange regarding Resignation of Mr. Ponraj Pandian as Other of the company w.e.f. September 15, 2026. |SUBJECT: Resignation
- ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
- ZF Commercial Vehicle Control Systems India Limited has informed the Exchange regarding Appointment of Mr Rakesh Mishra as Chief Financial Officer of the company w.e.f. September 01, 2026. |SUBJECT: Appointment
- AS ON DATE : 25-Jun-2026 | PR_AND_PRGRP: 60 | PUBLIC_VAL: 40 | EMPTR: 0 | NDS_REVISED_STATUS: Revised | SUBMISSION_DT: 03-Jul-2026 | REVISION_DT: 07-Jul-2026
- ZF Commercial Vehicle Control Systems India Limited has informed the Exchange about receipt of show cause notice |SUBJECT: Action(s) initiated or orders passed

### Fundamentals

ZF Commercial Vehicle Control Systems India reported revenue from operations of ₹1,066.18 crore in Q1 FY2026-27. This follows revenues of ₹1,074.91 crore in Q3 FY2025-26 and ₹1,155.23 crore in Q4 FY2025-26. The company's expenses were ₹961.75 crore in Q1 FY2026-27, compared to ₹910.51 crore in Q3 FY2025-26 and ₹1,000.23 crore in Q4 FY2025-26. Profit Before Tax (PBT) for Q1 FY2026-27 was ₹140.05 crore, a decrease from ₹186.52 crore in Q3 FY2025-26 and ₹196.58 crore in Q4 FY2025-26. Consequently, Profit Loss For Period (Net Profit) in Q1 FY2026-27 was ₹104.48 crore, down from ₹140.17 crore in Q3 FY2025-26 and ₹146.32 crore in Q4 FY2025-26. Finance costs remained relatively stable, reported at ₹1.20 crore in Q1 FY2026-27, ₹1.78 crore in Q3 FY2025-26, and ₹1.01 crore in Q4 FY2025-26. Tax expenses were ₹35.57 crore in Q1 FY2026-27, down from ₹46.34 crore in Q3 FY2025-26 and ₹50.26 crore in Q4 FY2025-26. The decline in profitability in Q1 FY2026-27 warrants monitoring, particularly how revenue and expense dynamics evolve in the upcoming periods.

- Revenue from operations for ZF Commercial Vehicle Control Systems India was ₹1,066.18 crore in Q1 FY2026-27.
- Profit Loss For Period (Net Profit) decreased to ₹104.48 crore in Q1 FY2026-27 from ₹146.32 crore in Q4 FY2025-26.
- Profit Before Tax (PBT) stood at ₹140.05 crore in Q1 FY2026-27.
- Finance costs were ₹1.20 crore in Q1 FY2026-27.
- Tax expense for Q1 FY2026-27 was ₹35.57 crore.

### Bull Case

The company's weekly technical trend shows a constructive signal, with the Super Trend indicator in a bullish direction as of September 18, 2026. This is supported by the 20-day and 50-day Simple Moving Averages (SMA) showing upward slopes over the past five periods. Additionally, the company has achieved a positive return of 6% over the past year, indicating a period of growth.

- As of September 18, 2026, the weekly Super Trend indicator for ZF Commercial Vehicle Control Systems India was in a bullish direction.
- The 20-day and 50-day SMAs exhibited positive slopes over the last five periods on a weekly basis.
- The company reported a 6% return over the past year.

- Abakkus’ playbook in focus: Seven years without an IT large cap holding and other exceptions

### Bear Case

The company's technical indicators suggest a weakening trend. The daily trend shows the closing price of ₹2387.0 is below both the 20-day Exponential Moving Average (EMA) of ₹2512.49 and the 50-day EMA of ₹2511.86. Furthermore, the 20-day Simple Moving Average (SMA) has a negative slope of -40.9 over 5 days, indicating a downward price movement. The monthly trend also exhibits a bearish Supertrend indicator at ₹3093.27. The company has experienced a drawdown of -11% from its recent peak, with a maximum drawdown of -18% observed. Recent returns over various periods are predominantly negative, with a 1-month return of -11% and a year-to-date return of -3%.

- As of 2026-09-18, the daily closing price of ₹2387.0 is below the 20-day EMA (₹2512.49) and 50-day EMA (₹2511.86).
- The 20-day SMA slope over 5 days is -40.9, indicating a downward price trend.
- The monthly Supertrend indicator is bearish at ₹3093.27.
- The company has experienced a current drawdown of -11% and a maximum drawdown of -18%.
- The 1-month return was -11% and the year-to-date return was -3% as of 2026-09-18.

- Abakkus’ playbook in focus: Seven years without an IT large cap holding and other exceptions

### FAQs

**What are the recent changes in ZF Commercial Vehicle Control Systems India's management team?**

ZF Commercial Vehicle Control Systems India Limited has reported changes in its key management personnel. Mr. Rakesh Mishra was appointed as the Chief Financial Officer effective September 1, 2026. Additionally, Mr. Ponraj Pandian resigned from his position as 'Other' effective September 15, 2026, and there was a general notification regarding 'Change in Directors/KMP/SMP/Auditor/RTA' on September 15, 2026.

**What is the recent stock performance of ZF Commercial Vehicle Control Systems India over different periods?**

As of September 18, 2026, ZF Commercial Vehicle Control Systems India has shown mixed returns across different timeframes. The stock has a 1-year return of 6% and a 6-month return of 4%. However, it has experienced negative returns over shorter periods, including a -2% return in the last month, -8% in the last 3 months, and -3% year-to-date. Longer-term returns also show a decline, with a -5% return over 10 years and -6% over 5 years, though the return since inception is 20%.

**What are the key technical indicators suggesting about ZF Commercial Vehicle Control Systems India's current trend?**

On a daily basis, technical indicators suggest a bearish trend, with the Super Trend indicator at 2618.88 and the closing price of ₹2387.0 being below the 20-day and 50-day Exponential Moving Averages (EMAs) of 2512.49 and 2511.86, respectively. The Average Directional Index (ADX) at 24.58 indicates some trend strength. However, on a weekly basis, the Super Trend is at 2243.39, suggesting a bullish trend, with the closing price above the 20-day and 50-day Simple Moving Averages (SMAs) of 2487.83 and 2406.67. The monthly trend also shows a bearish Super Trend at 3093.27 and a high ADX of 69.38, indicating a strong trend.

**What are the nearest support and resistance levels for ZF Commercial Vehicle Control Systems India?**

As of September 18, 2026, the nearest identified resistance levels for ZF Commercial Vehicle Control Systems India are at ₹2403.27 (0.68% higher), ₹2424.23 (1.56% higher), ₹2455.97 (2.89% higher), and ₹2476.93 (3.77% higher). The nearest support levels are at ₹2371.53 (-0.65% lower), ₹2221.48 (-6.93% lower), ₹2156.44 (-9.66% lower), and ₹2146.38 (-10.08% lower).

- Abakkus’ playbook in focus: Seven years without an IT large cap holding and other exceptions
- ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- ZF Commercial Vehicle Control Systems India Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- ZF Commercial Vehicle Control Systems India Limited has informed the Exchange regarding Resignation of Mr. Ponraj Pandian as Other of the company w.e.f. September 15, 2026. |SUBJECT: Resignation
- ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
- ZF Commercial Vehicle Control Systems India Limited has informed the Exchange regarding Appointment of Mr Rakesh Mishra as Chief Financial Officer of the company w.e.f. September 01, 2026. |SUBJECT: Appointment
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹2,455.97
- Risk regime: Price Risk Currently Contained

### Support levels
- 2221.4791666666665
- 2156.4375
- 2146.3828125

### Resistance levels
- 2499
- 2552.708333333333
- 2600.958333333333

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -2.38% |
| return_10 | -5.46% |
| return_1m | -10.69% |
| return_1y | +6.49% |
| return_20 | -8.95% |
| return_3m | -8.08% |
| return_5 | -5.59% |
| return_6m | +4.39% |
| return_since_start | +19.62% |
| return_ytd | -2.76% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | contained_risk |
| label | Price risk currently contained |
| summary | Recent drawdown and price variability remain within the producer's contained-risk thresholds. |
| maximum_drawdown | -17.61% |
| annualized_volatility | +32.05% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Profit margins contract as expense growth outpaces revenue growth

In the first quarter of FY2026-27, ZF Commercial Vehicle Control Systems India Ltd. reported revenue from operations of ₹1,066.18 crore, a 9.29% increase from the same quarter last year. However, profit before tax fell 14.68% year-on-year to ₹140.05 crore, and declined 28.76% compared to the preceding quarter. The profit before tax margin contracted as total expenses grew faster than revenue, and the company's results also included other income of ₹35.63 crore. On a sequential basis, revenue dropped 7.71% while expenses declined by a smaller 3.85%, leading to a sharper fall in profit.

## Revenue and expense trends

Revenue rose from ₹975.56 crore in Q1 FY2025-26 to ₹1,066.18 crore in the current quarter, a gain of ₹90.62 crore (9.29%). Over the same period, total expenses increased from ₹878.00 crore to ₹961.75 crore, a rise of ₹83.75 crore (9.54%). The expense growth rate of 9.54% was slightly higher than the revenue growth rate, indicating that the cost base expanded more quickly than the top line.

Sequentially, revenue declined from ₹1,155.23 crore in Q4 FY2025-26 to ₹1,066.18 crore, a drop of ₹89.06 crore (7.71%). Expenses fell from ₹1,000.23 crore to ₹961.75 crore, a decline of ₹38.48 crore (3.85%). The expense reduction was proportionally smaller than the revenue decline, meaning that a portion of costs did not adjust downward in line with the lower revenue level.

## Profitability and margin dynamics

Profit before tax for Q1 FY2026-27 was ₹140.05 crore, compared to ₹164.15 crore in the same quarter last year and ₹196.58 crore in the preceding quarter. The profit before tax margin (as a percentage of revenue from operations) fell from 16.83% in Q1 FY2025-26 to 13.14% in the current quarter, a contraction of 3.69 percentage points.

Net profit after tax was ₹104.48 crore, down from ₹122.38 crore year-on-year and from ₹146.32 crore sequentially. The net profit margin narrowed from 12.55% to 9.80% over the same annual comparison.

Finance costs remained negligible at ₹1.20 crore, and the effective tax rate was stable at approximately 25.4% in both Q1 FY2025-26 and Q1 FY2026-27. The profit before tax margin contraction reflected the combined effect of revenue, other income of ₹35.63 crore, and expenses. Total income (revenue plus other income) stood at ₹1,101.81 crore, while total expenses were ₹961.75 crore, resulting in the reported profit before tax.

## Sequential versus year-over-year comparison

The sequential decline in revenue and profit was more pronounced than the year-over-year changes. Revenue fell 7.71% from the preceding quarter, while profit before tax dropped 28.76%. The expense decline of 3.85% was smaller than the revenue decline, and profit before tax fell sharply. In contrast, the year-over-year comparison shows revenue growth accompanied by a profit decline, as the expense increase (9.54%) outpaced the revenue increase (9.29%).

## Key Takeaway

The quarter saw revenue grow year-on-year, but profit before tax declined as expense growth outpaced revenue growth. The sequential performance was weaker, with a sharper drop in revenue and a smaller reduction in expenses, leading to a significant fall in profit. The interplay of revenue, other income, and expenses determined the quarter's profitability.

### Ratios

## Official filings

- 2026-09-18 — Generic Announcement: ZF Commercial Vehicle Control Systems India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/WABCOINDIA_18092026180916_sd-SEIntimation.pdf)
- 2026-09-18 — Generic Announcement: ZF Commercial Vehicle Control Systems India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/AIATOP_2785_WebXMLFile_20260918_185110581.xml)
- 2026-09-15 — Generic Announcement: ZF Commercial Vehicle Control Systems India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2785_WebXMLFile_20260915_181939918.xml)
- 2026-09-15 — Generic Announcement: ZF Commercial Vehicle Control Systems India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/WABCOINDIA_15092026183422_SEsdIntimation.pdf)
- 2026-09-15 — Management Change: ZF Commercial Vehicle Control Systems India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/WABCOINDIA_15092026184117_sdSE_Regulation_30_-_Ponraj.pdf)
- 2026-09-15 — Generic Announcement: ZF Commercial Vehicle Control Systems India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2785_WebXMLFile_20260915_193313837.xml)
- 2026-09-01 — Management Change: ZF Commercial Vehicle Control Systems India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/WABCOINDIA_01092026105305_SE_CFO_SD.pdf)
- 2026-08-25 — Shareholding Disclosure: ZF Commercial Vehicle Control Systems India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1688748_07072026030246_WEB.xml)
- 2026-08-12 — Generic Announcement: ZF Commercial Vehicle Control Systems India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/WABCOINDIA_12082026121900_SdSE_SCN.pdf)
- 2026-08-03 — Generic Announcement: ZF Commercial Vehicle Control Systems India Limited reported total income of ₹1,101.8 crores for Q1 FY27, a 5.7% increase year-on-year, with revenue from operations growing 9.3%. Profit Before Tax (PBT) was ₹140.1 crores and Profit After Tax (PAT) was ₹104.5 crores, a 14.7% decrease. Excluding foreign exchange impacts and one-time items, PBT showed a 16.9% growth. The company's Aftermarket business saw a 15.6% year-on-year growth, reaching ₹158.4 crores in Q1 FY27. Export revenues grew 9.7% year-on-year to ₹271.4 crores in the same period. — [Official attachment](https://nsearchives.nseindia.com/corporate/WABCOINDIA_03082026192031_Sd_SEEarningCallTranscript.pdf)
- 2026-07-28 — Generic Announcement: ZF Commercial Vehicle Control Systems India Limited held its 22nd Annual General Meeting on July 24, 2026, where all five ordinary resolutions were passed with the requisite majority. These resolutions included the adoption of financial statements for the year ended March 31, 2026, the declaration of a Rs. 4 per share dividend, the re-appointment of Mr. Akash Passey as Director, the ratification of remuneration for Cost Auditors M/s. Jayaram & Associates for FY 2027, and the appointment of Ms. Claudia Christina Jehle as Director. Voting results were finalized on July 28, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/WABCOINDIA_28072026163024_SdSEfilingvote.pdf)
- 2026-07-28 — Generic Announcement: ZF Commercial Vehicle Control Systems India Limited has uploaded the audio recording of its Q1 FY 2026-27 earnings call, which covered operational and financial performance for the quarter ended June 30, 2026. The recording is available on the company's website via a provided link. — [Official attachment](https://nsearchives.nseindia.com/corporate/WABCOINDIA_28072026174229_SdSEearningscallrecording.pdf)
- 2026-07-28 — Generic Announcement: ZF Commercial Vehicle Control Systems India Limited held its 22nd Annual General Meeting on July 24, 2026, where all five ordinary resolutions were passed with the requisite majority. These resolutions included the adoption of financial statements for the year ended March 31, 2026, the declaration of a Rs. 4 per share dividend, the re-appointment of Mr. Akash Passey as Director, the ratification of remuneration for Cost Auditors M/s. Jayaram & Associates at Rs. 4.50 lakhs plus expenses, and the appointment of Ms. Claudia Christina Jehle as a Director. Voting results were consolidated from remote e-voting prior to and during the AGM. — [Official attachment](https://nsearchives.nseindia.com/corporate/WABCOINDIA_28072026205735_SdSErescrutinisersreport_2026.pdf)
- 2026-07-28 — Press Release: ZF Commercial Vehicle Control Systems India Limited has secured Electronic Stability Control (ESC) business nominations from three major OEMs for multi-year domestic truck programs. The nominations cover truck platforms across 24V and 12V architectures, with production scheduled to begin in Q3 2027, aligning with upcoming Indian truck safety mandates. The ESCsmartTM solution will be locally assembled and supplied from India. — [Official attachment](https://nsearchives.nseindia.com/corporate/WABCOINDIA_28072026132212_SdSE_Press_release.pdf)
- 2026-07-24 — Generic Announcement: ZF Commercial Vehicle Control Systems India Limited appointed Rakesh Mishra as Chief Financial Officer effective September 1, 2026, and C V Kavviya as Whole-Time Company Secretary and Compliance Officer effective July 25, 2026. Ms. Kavviya continues her role as Compliance Officer, having been appointed on an interim basis on March 25, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/WABCOINDIA_24072026140208_SdSE_Regulation30_CS_Appointment.pdf)
- 2026-07-24 — Generic Announcement: ZF Commercial Vehicle Control Systems India Limited's Board of Directors met on July 24, 2026, approving the unaudited financial results for the quarter ended June 30, 2026. The board also appointed Mr. Rakesh Mishra as Chief Financial Officer effective September 1, 2026, and Ms. C V Kavviya as Whole-Time Company Secretary and Compliance Officer effective July 25, 2026. The company reported an exceptional item of INR 793.51 lakhs related to the new Labour Codes. — [Official attachment](https://nsearchives.nseindia.com/corporate/WABCOINDIA_24072026135423_sDSEOutcomeBM.pdf)
- 2026-07-24 — Official Filing: ZF Commercial Vehicle Control Systems India Limited announced the appointment of Ms. C. V. Kavviya as Company Secretary and Compliance Officer, effective July 25, 2026. The company also appointed Mr. Rakesh Mishra as Chief Financial Officer, effective September 1, 2026. Both appointments were outcomes of a board meeting held on July 24, 2026.
- 2026-07-24 — Generic Announcement: The 22nd Annual General Meeting (AGM) of ZF Commercial Vehicle Control Systems India Limited was held on July 24, 2026, via video conferencing. Key agenda items included the adoption of audited financial statements for the year ended March 31, 2026, a proposed dividend of Rs. 4 per share, and the re-appointment of Mr. Akash Passey as Chairman and Director. The meeting also covered the ratification of remuneration for Cost Auditors and the appointment of Ms. Claudia Christina Jehle as a Director. Voting results are expected within two working days. — [Official attachment](https://nsearchives.nseindia.com/corporate/WABCOINDIA_24072026184006_sdProceedings_22nd_AGM_2026.pdf)
- 2026-07-21 — Generic Announcement: ZF Commercial Vehicle Control Systems India Limited will hold an earnings call on July 28, 2026, at 14:30 IST to discuss financial performance for the quarter ended June 30, 2026. The call is organized by 360 ONE Capital Market Private Limited and will include management representatives. — [Official attachment](https://nsearchives.nseindia.com/corporate/WABCOINDIA_21072026192506_SdSEearningscallintimation.pdf)
- 2026-07-21 — Official Filing: ZF Commercial Vehicle Control Systems India Limited will hold an Earning/Quarterly Calls conference call on July 28, 2026, at 14:30:00 IST to discuss Q1 results. The virtual meeting details and registration link are provided, with Annamalai Jayaraj as the contact person.
- 2026-07-07 — Generic Announcement: ZF Commercial Vehicle Control Systems India Limited has submitted a confirmation certificate for Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. This certificate, received from their Registrar and Transfer Agent, Integrated Registry Management Services Private Limited, covers the quarter ended June 30, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/WABCOINDIA_07072026143729_Sd_SEIntimationLetterReg74_5__-_30_June_2026.pdf)
- 2026-07-03 — Generic Announcement: ZF Commercial Vehicle Control Systems India Limited published newspaper advertisements on July 3, 2026, in Business Standard and Makkal Kural regarding its 22nd Annual General Meeting. The meeting is scheduled for July 24, 2026, at 15:00 IST and will be conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM). The advertisements also provide information on remote e-voting, e-voting, and the dispatch of annual reports by email. — [Official attachment](https://nsearchives.nseindia.com/corporate/WABCOINDIA_03072026182104_sd_SE_AGM_newspaper.pdf)
- 2026-07-02 — Generic Announcement: ZF Commercial Vehicle Control Systems India Limited will hold its 22nd Annual General Meeting on July 24, 2026, at 15:00 IST via Video Conferencing. Key agenda items include the adoption of audited financial statements for the fiscal year ending March 31, 2026, and the declaration of a dividend of INR 4 per equity share. The meeting will also address the re-appointment of Director Akash Passey and the appointment of Claudia Christina Jehle as a Director. Additionally, the remuneration of INR 4,50,000 for the Cost Auditor, Jayaram & Associates, for the fiscal year 2026-27 will be ratified. — [Official attachment](https://nsearchives.nseindia.com/corporate/WABCOINDIA_02072026164354_SdSEAGM.pdf)
- 2026-07-02 — Generic Announcement: ZF Commercial Vehicle Control Systems India Limited has submitted its Business Responsibility and Sustainability Report and Limited Assurance Statement for the Financial Year 2025-26. The report, provided by SGS India Private Limited, covers the company's performance and disclosures related to environmental, social, and governance (ESG) principles. Key areas include employee health and safety, ethical business practices, energy management, and waste management, with specific targets such as carbon neutrality by 2040 and 100% renewable energy use by 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/WABCOINDIA_02072026164845_sdSEBRSR.pdf)
- 2026-06-30 — Management Change: Ms. Sweta Agarwal has resigned from her position as Chief Financial Officer of ZF Commercial Vehicle Control Systems India Limited, effective June 30, 2026. This resignation is in compliance with SEBI Listing Regulations. — [Official attachment](https://nsearchives.nseindia.com/corporate/WABCOINDIA_30062026203518_SdSE_Regulation30_CFO_Resignation.pdf)

## News and market events

- 2026-09-17 — MONEYCONTROL: **Abakkus’ playbook in focus: Seven years without an IT large cap holding and other exceptions** — Abakkus — [Source](https://www.moneycontrol.com/news/business/markets/abakkus-playbook-in-focus-seven-years-without-an-it-large-cap-holding-and-other-exceptions-14031890.html)
- 2026-09-08 — MONEYCONTROL: **Abakkus PMS buys Paytm among new-age tech biz, dumps FMCG major Emami on monsoon blues** — abakkus, MF, IPO, PMS, AIF — [Source](https://www.moneycontrol.com/news/business/markets/abakkus-pms-buys-paytm-among-new-age-tech-biz-dumps-fmcg-major-emami-on-monsoon-blues-14025111.html)

## Business profile

**Strategic vision:** Manufactures advanced braking and air-assisted systems for commercial vehicles.

### Business segments
- **Commercial Vehicle Control Systems:** The company manufactures advanced braking systems, conventional braking products, and air-assisted technologies and systems for commercial vehicles.
- **Software Development and Services:** Provides software development and other services tailored to the needs of the commercial vehicle industry.

### Competitive strengths
- Part of the ZF Group Commercial Vehicle Solutions Division
- Operates five manufacturing facilities
- Possesses an advanced technology development center
- Maintains a vehicle testing facility
- Has a nationwide aftermarket distribution and services network

## Related stocks

- [360ONE (Financial Services)](https://faxioms.com/stocks/360one) — +1.96%
- [3MINDIA (Diversified)](https://faxioms.com/stocks/3mindia) — +5.50%
- [AADHARHFC](https://faxioms.com/stocks/aadharhfc) — -1.42%
- [AARTIIND](https://faxioms.com/stocks/aartiind) — +3.19%
- [AAVAS](https://faxioms.com/stocks/aavas) — -1.07%

## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/zfcvindia
Markdown representation: https://faxioms.com/stocks/zfcvindia?render=md