ZF Steering Gear (India) Limited — Quarter and year ended 31 March 2026
| Sr No | PARTICULARS | Quarter Ended | Year Ended |
|---|---|---|---|
| 31-Mar-26 (Unaudited) | 31-Dec-25 (Unaudited) | ||
| 1 | Income | ||
| a) Revenue from operation | 168.91 | 140.49 | |
| b) Other Income | 5.28 | 7.19 | |
| Total Income | 174.19 | 147.68 | |
| 2 | Expenses | ||
| a) Cost of materials consumed | 109.88 | 90.94 | |
| b) Changes in inventories of finished goods and work-in-progress | 4.80 | 2.53 | |
| c) Employee benefit expenses | 18.45 | 17.20 | |
| d) Finance cost | 1.11 | 0.81 | |
| e) Depreciation and amortization expenses | 8.48 | 7.27 | |
| f) Other expenses | 18.77 | 12.10 | |
| Total Expenses | 161.49 | 130.85 | |
| 3 | Total Profit before exceptional items (1-2) | 12.70 | 16.83 |
| 4 | Exceptional Items | ||
| Statutory impact of new Labour Codes (Refer Note 2) | 0.03 | 0.64 | |
| Total exceptional items | 0.03 | 0.64 | |
| 5 | Profit Before tax (3-4) | 12.67 | 16.19 |
| 6 | Tax expense | ||
| a) Current tax | 8.27 | 4.64 | |
| b) Deferred tax | 0.21 | 0.05 | |
| Total tax expense | 8.48 | 4.69 | |
| 7 | Net Profit after tax (5-6) | 4.19 | 11.50 |
| 8 | Other comprehensive income | ||
| a) Items that will not be reclassified to profit or loss | |||
| a) Remeasurements of the defined benefit plans | (0.09) | (0.08) | |
| b) Income tax relating to above items | 0.04 | 0.03 | |
| Total Other comprehensive income/(Loss) | (0.05) | (0.05) | |
| 9 | Total comprehensive income (7+8) | 4.14 | 11.45 |
| 10 | Paid up Capital (Face Value: Rs 10 per share) | 9.07 | 9.07 |
| 11 | Reserve excluding revaluation reserve | ||
| 12 | Earnings per share (of Rs. 10/- each) | ||
| Basic | 4.62 | 12.68 | |
| Diluted | 4.62 | 12.68 |
| Sr. No. | PARTICULARS | Quarter Ended | Year Ended |
|---|---|---|---|
| 31-Mar-26 | 31-Dec-25 | ||
| Unaudited | Unaudited | ||
| 1 | Segment Revenue | ||
| a) Auto Components | 173.01 | 139.31 | |
| b) Renewable Energy | 2.43 | 2.76 | |
| c) Unallocable | (0.11) | 7.14 | |
| Total | 175.33 | 149.21 | |
| Less – Inter-segment revenue | 1.14 | 1.53 | |
| Total Income | 174.19 | 147.68 | |
| 2 | Segment Results | ||
| Profit/(Loss) before tax and finance costs from each segment | |||
| a) Auto Components | 17.16 | 8.46 | |
| b) Renewable Energy | 1.61 | 1.40 | |
| c) Unallocable | (4.99) | 7.14 | |
| Total | 13.78 | 17.00 | |
| Less – Finance Costs | 1.11 | 0.81 | |
| Total Profit before tax | 12.67 | 16.19 | |
| 3 | Capital Employed | ||
| a) Auto Components | 276.46 | 247.69 | |
| b) Renewable Energy | 70.08 | 68.89 | |
| c) Unallocable assets less liabilities | 175.20 | 200.97 | |
| Total Capital employed in the Company | 521.74 | 517.55 |
| ASSETS | As at 31 March 2026 | As at 31 March 2025 |
|---|---|---|
| Non-current assets | ||
| Property, Plant and Equipment | 108.75 | 120.85 |
| Right of use asset | 8.49 | 9.96 |
| Capital work-in-progress | 1.64 | 2.37 |
| Investment Property | 0.68 | 0.71 |
| Other Intangible assets | 0.61 | 0.73 |
| Financial assets | ||
| (i) Investments | 148.41 | 168.53 |
| (ii) Loans | 187.79 | 92.21 |
| (iii) Other non-current financial assets | 0.92 | 2.07 |
| Other non-current assets | 2.71 | 2.46 |
| Income Tax Assets (Net) | 2.47 | 3.19 |
| Deferred Tax Assets (Net) | 8.81 | |
| Total non-current assets | 462.47 | 411.89 |
| Current assets | ||
| Inventories | 58.58 | 62.16 |
| Financial assets | ||
| (i) Trade receivables | 96.18 | 111.73 |
| (ii) Cash and cash equivalents | 4.05 | 0.74 |
| (iii) Bank Balances other than Cash and cash equivalents | 0.11 | 0.19 |
| (iv) Loans | 0.08 | 0.08 |
| (v) Others | 4.37 | 4.39 |
| Other current assets | 5.56 | 3.11 |
| Total current assets | 168.93 | 182.40 |
| TOTAL ASSETS | 631.40 | 594.29 |
| EQUITY AND LIABILITIES | As at 31 March 2026 | As at 31 March 2025 |
|---|---|---|
| EQUITY | ||
| Equity share capital | 9.07 | 9.07 |
| Other equity | 512.67 | 480.79 |
| Total Equity | 521.74 | 489.86 |
| LIABILITIES | ||
| Non-current liabilities | ||
| Financial liabilities | ||
| (i) Lease Liability | 0.89 | 1.91 |
| Provisions | 1.24 | 1.02 |
| Other non current liabilities | 0.47 | 0.48 |
| Deferred Tax Liability (Net) | 1.23 | – |
| Total non-current liabilities | 3.83 | 3.41 |
| Current liabilities | ||
| Financial liabilities | ||
| (i) Borrowings | 43.05 | 37.74 |
| (ii) Trade payables | ||
| A) Total outstanding dues of Micro and Small Enterprises | 10.92 | 4.51 |
| B) Total outstanding dues of creditors other than Micro and Small Enterprises | 34.58 | 38.12 |
| (iii) Lease Liability | 1.02 | 1.21 |
| (iv) Others | 6.72 | 6.92 |
| Provisions | 3.01 | 3.20 |
| Other current liabilities | 6.53 | 9.32 |
| Total current liabilities | 105.83 | 101.02 |
| Total liabilities | 109.66 | 104.43 |
| TOTAL EQUITY AND LIABILITIES | 631.40 | 594.29 |
| Particulars | For the year ended 31 March 2026 | For the year ended 31 March 2025 |
|---|---|---|
| CASH FLOW FROM OPERATING ACTIVITIES: | ||
| Profit/ (Loss) before exceptional items and tax | 53.23 | 50.44 |
| Adjustments for: | ||
| Depreciation and amortisation expense | 29.37 | 31.42 |
| Interest paid | 3.36 | 2.86 |
| Fair value change in investment | 4.85 | (4.76) |
| (Profit)/ Loss on sale of PPE | (0.13) | (0.07) |
| (Profit)/ Loss on sale of investment | (2.92) | (8.12) |
| Interest Income | (11.18) | (7.07) |
| Exchange variation | – | (0.08) |
| Dividend received | (0.46) | (0.49) |
| Exceptional Items (Gratuity impact) | (0.67) | – |
| Rental Income from Investment Property | (0.82) | (1.04) |
| Operating profit before working capital changes | 74.63 | 63.09 |
| Adjustments for changes in working capital: | ||
| (Increase)/ Decrease in inventory | 3.58 | 4.21 |
| (Increase)/ Decrease in trade receivables and financial asset | 16.88 | (14.19) |
| (Increase)/ Decrease in other current assets and non-current assets | (2.45) | 1.34 |
| (Increase)/ Decrease in trade payable and financial liabilities | 2.66 | 14.67 |
| (Increase)/ Decrease in other liabilities and provisions | (2.77) | (2.93) |
| Cash generated from operations | 92.53 | 66.19 |
| Income tax paid – Net | (9.98) | (7.45) |
| Net cash generated from operating activities | 82.55 | 58.74 |
| CASH FLOW FROM INVESTING ACTIVITIES: | ||
| Purchase of property, plant and equipment | (16.64) | (23.16) |
| Sale proceed from property, plant and equipment | 1.48 | 1.82 |
| Interest received | 11.17 | 7.06 |
| Dividend received | 0.46 | 0.49 |
| Purchase of Investment | (43.18) | (59.50) |
| Sale proceed from Investment | 61.36 | 51.05 |
| Investment in subsidiaries | – | (4.87) |
| Loans given to subsidiaries (net) | (96.08) | (42.52) |
| Loan Given to Others | 0.50 | 0.56 |
| Rental Income from Investment Property | 0.82 | 1.04 |
| Net cash used in investing activities | (80.11) | (68.03) |
| CASH FLOW FROM FINANCING ACTIVITIES: | ||
| Proceeds from borrowings | 3.63 | 3.85 |
| Proceeds from bill discounting (net) | 1.68 | 4.80 |
| Dividend paid | (0.08) |