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Z F Steering Gear (India) Ltd share Price Today

Company details

1,032.15
1,060.00
590.05
1,125.00
6M Return 33.32%
1Y Return 70.35%
Mkt Cap.(Cr) 938.15
Volume 4,191
Div Yield 0.77%
OI
-
OI Chg %
-
Volume 4,191

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Z F Steering Gear (India) Ltd shares SWOT Analysis

Strengths (4)

  • Strong Annual EPS Growth
  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Company with Low Debt

Weakness (3)

  • Degrowth in Quarterly Revenue and Profit in Recent Results(YoY)
  • Declining profits every quarter for the past 2 quarters
  • Fall in Quarterly Revenue and Net Profit (YoY)

Opportunity (0)

Data not found

Threats (1)

  • Promoter decreasing their shareholding

Resistance and support

R1 1,051.5
R2 1,069.7
R3 1,079.3
Pivot

1,041.82

S1 1,023.6
S2 1,014.0
S3 995.8
EMA SMA
1,038.6
1,019.7
974.0
895.1
1,026.0
1,043.2
966.2
886.3
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
UTKARSH DINESH MUNOT Bulk Purchase 2023-03-28 400 1400000 BSE
DINESH HIRACHAND MUNOT Bulk Purchase 2023-03-28 400 940155 BSE
ROBERT BOSCH AUTOMOTIVE STEERING GMBH Bulk Sell 2023-03-28 400 2340155 BSE
Name Category Shares
Utkarsh Munot PROMOTER 28.56%
Dinesh Munot PROMOTER 20.82%
Nandini Munot PROMOTER 3.54%
Munot Harishkumar Amolchand (Huf) PROMOTER 2.97%
Jinendra Hirachand Munot PROMOTER 2.47%
Amita Jinendra Munot PROMOTER 1.62%
Pramila Amolchand Munot PROMOTER 1.61%
Trupti Sushen Gupta PROMOTER 1.36%
Pragati Dinesh Bothra PROMOTER 1.29%
Piyush Jinendra Munot PROMOTER 1.28%
Yash Munot PROMOTER 1.25%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Z F Steering Gear (India) Ltd Stocks COMPARISON

Financials( in Cr) Z F Steering Gear (India) Ltd Samvardhana Motherson International Ltd Bosch Ltd Uno Minda Ltd Exide Industries Ltd
Price 1,034.00 187.72 32,606.35 1,081.05 569.70
% Change -1.05 1.23 1.09 0.19 -0.45
Mcap Cr 938.15 127,206.98 96,169.17 62,062.54 48,424.50
Revenue TTM Cr 450.43 78,700.70 14,929.30 11,236.49 15,078.16
Net Profit TTM Cr 24.54 1,669.60 1,424.30 700.23 822.77
PE TTM 21.45 44.05 52.55 72.11 55.23
1 Year Return 70.35 128.37 71.08 83.96 158.54
ROCE 7.96 8.59 17.05 18.68 10.55
ROE 5.86 7.76 13.14 18.44 7.58
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 418.68 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 37,632.06 8,630.44
LAST 3M 107,380.98 -14,987.35
LAST 6M 184,073.87 -1,796.10
LAST 12M 295,969.92 99,991.16

Z F Steering Gear (India) Ltd Information

Stock PE (TTM)
21.45
Promoter Holding
67.17%
Book Value
505.1929
ROCE
7.96%
ROE
5.86%
Description
  • ZF Steering Gear (India) Limited was incorporated in January 21, 1981. The Company is engaged in production & assembling of steering systems for vehicles, buses and tractors. The Company has plant at Vadu Budruk, Near Pune and at Pithampur (Madhya Pradesh). The company`s steering gears find application in buses and are supplied to various state transport undertakings and also to heavy vehicles like dumper and haulage trucks. Buses fitted with power steering gears reduce the drivers` effort and fatigue to steer the vehicle and adds to their safety. The original collaborators of the company, ZF Friedrichshfan AG, Germany (ZFG) formed a joint venture with Robert Bosch, GmbH(Bosch) and have established a separate company - ZF LENKSYSTEME GmbH (ZFLS) - which is jointly managed by ZF and Bosch and in which both these partners hold 50% stake each. The steering gear business of the partner has been transferred to this new joint venture company. Consequently, the investment in the shares of ZFGIL, held by ZFG, has been transferred to ZF Beteiligungsholding GmbH (ZFBG) which will be fully controlled by ZFLS, the joint venture company. The shares were transferred to ZFBG after necessary government approvals. Similarly, all rights and obligations of ZFG under the technical collaboration agreement with ZF India have been transferred to ZFLS. During 1998-99, Company was awarded renewal of ISO 9001 Certificate for further period of 3 years. During the year 2001-02, Company installed two windmills (0.35 MW each) at Vankusavade in Satara District ancl one windmill (1 MW) at Supa in Ahmednagar District, which generated 25 lac units of Power. In 2004, the Collaborators. ZF Lenksysteme, Germany (ZFLS) had a subsidiary, ZF Beteiligungsgesellschaft (ZFBTL) which was holding 1,170,000 shares of ZF India. As a part of restructuring, ZFBTL merged with the holding company, ZFLS, and consequently, ZFLS held shares of ZF India. The Company allotted 4,536,650 Equity shares as fully paid-up Bonus Shares in the ratio of one share for every share held (1:1) on September 5,2005 and as a result, the said Shares were listed at Bombay Stock Exchange. It expanded the installed capacity of Power Steering Gears from 150,000 to 240,000 per annum and of Mechanical Steering Gears from 100,000 to 120,000 per annum, during 2006-07, at a capital expenditure of approx. Rs. 70 million. The Company expanded its installed capacity of Power Steering Gears from 240,000 to 270,000 per annum and of Mechanical Steering Gears from 120,000 to 140,000 per annum, during 2007-08, at a capital expenditure of approx. Rs. 80 million. It commissioned 5 MW Wind Turbine Machines in March 2010. By end of financial year 2010-11, the Company expanded its installed capacity of Power Steering Gears to 3 lac units per annum and Mechanical Steering Gears to 2 lac units per annum at its existing factory at Vadu Budruk. The Company made substantial investment in the JV Company, ZF Lenksysteme India Private Limited. In February, 2012, additional capital, was raised by the JV Company and consequently, the paid-up capital of the JV Company stood at Rs. 819 million and Company held 26% of the total paid up capital of the JV Company. The JV Company set up its manufacturing plant at Village Phulgaon, Pune, to establish its manufacturing operations in steering systems and as a result, the said plant was inaugurated on April 26, 2012. A 5 MW Solar Power Project was commissioned in Patan District of Gujarat, which became operational in 2012-13. During the year 2014, there was a change in the Shareholding/ Ownership pattern of `ZF Lenksysteme, GmbH` (ZFLS), the foreign-promoter of Company. Previously, entire share capital of ZFLS was held between ZF Friedrichshafen AG and Robert Bosch GmbH in the ratio of 50:50. In January 2015, Robert Bosch GmbH agreed to buy the shares held by ZF Friedrichshafen AG in ZFLS and became 100% owner of ZFLS. Consequent upon this change, name of ZFLS was changed to `Robert Bosch Automotive Steering GmbH`. During year 2017-18, the Company commissioned rooftop solar project situated at Vadu Budruk plant. In April, 2022, the Company had incorporated two Wholly-Owned Subsidiaries, DriveSys Systems Private Limited and NexSteer Systems Private Limited.

Registered Address

Gat No 1242 & 1244, Vadu Budruk Shirur Taluka, Pune, Maharashtra, 412216

Tel : 91-2137-305100
Email : satish.mehta:zfindia.com, enquiry:zfindia.com
Website : http://www.zfindia.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 505163
NSE Code : ZFSTEERING
Book Closure Date (Month) : Sep
BSE Group : X
ISIN : INE116C01012

FAQ’s on Z F Steering Gear (India) Ltd Shares

You can buy Z F Steering Gear (India) Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Z F Steering Gear (India) Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 21, 2024 04:01 PM the closing price of Z F Steering Gear (India) Ltd was Rs.1,034.00.

The latest PE ratio of Z F Steering Gear (India) Ltd as of Jun 21, 2024 04:01 PM is 21.45

The latest PB ratio of Z F Steering Gear (India) Ltd as of Jun 21, 2024 04:01 PM is 0.49

The 52-week high of Z F Steering Gear (India) Ltd share price is Rs. 1,125.00 while the 52-week low is Rs. 590.05

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 21, 2024 04:01 PM, the market cap of Z F Steering Gear (India) Ltd stood at Rs. 938.15 Cr.

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