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Z F Steering

  • Market Cap: Micro Cap
  • Industry: Auto Ancillary
  • ISIN: INE116C01012
  • NSEID: ZFSTEERING
  • BSEID: 505163
INR
1,039.15
20.55 (2.02%)
BSENSE

Apr 11, 12:47 PM

BSE+NSE Vol: 1.5 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

1.5 k (-32.07%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

0.04%

Held by 0 DIIs

Promoter

67.01%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Operating profit has grown by an annual rate -38.82% of over the last 5 years

 
2

Negative results in Dec 24

3

Stock is technically in a Bearish range

4

With ROCE of 2.1, it has a Expensive valuation with a 1.8 Enterprise value to Capital Employed

5

Despite the size of the company, domestic mutual funds hold only 0% of the company

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Auto Ancillary

stock-summary
Market cap

INR 961 Cr (Micro Cap)

stock-summary
P/E

48.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

0.79%

stock-summary
Debt Equity

0.20

stock-summary
Return on Equity

6.79%

stock-summary
Price to Book

2.00

Revenue and Profits (1 Year):
Net Sales:
118 Cr
(Quarterly Results - Dec 2024)
Net Profit:
-1 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.79%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-42.11%
0%
-42.11%
1 Year
10.62%
0.72%
11.34%
2 Years
105.41%
2.12%
107.53%
3 Years
120.02%
3.09%
123.11%
4 Years
168.38%
3.08%
171.46%
5 Years
286.16%
5.30%
291.46%

Latest dividend: 8 per share ex-dividend date: Sep-03-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
5.67%
EBIT Growth (5y)
-38.82%
EBIT to Interest (avg)
17.15
Debt to EBITDA (avg)
1.08
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.89
Tax Ratio
35.68%
Dividend Payout Ratio
16.61%
Pledged Shares
0
Institutional Holding
0.04%
ROCE (avg)
4.04%
ROE (avg)
6.75%
Valuation key factors
Factor
Value
P/E Ratio
48
Industry P/E
28
Price to Book Value
2.00
EV to EBIT
107.36
EV to EBITDA
20.86
EV to Capital Employed
1.83
EV to Sales
2.11
PEG Ratio
NA
Dividend Yield
0.79%
ROCE (Latest)
2.13%
ROE (Latest)
6.79%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 1 Schemes (0.0%)

FIIs

Held by 0 FIIs

Promoter with highest holding

Utkarsh Munot (28.56%)

Highest Public shareholder

Ramesh Hirachand Munot (2.38%)

Individual Investors Holdings

23.33%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 5.77% vs -13.22% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -150.00% vs -83.12% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "117.58",
          "val2": "111.17",
          "chgp": "5.77%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "10.52",
          "val2": "11.38",
          "chgp": "-7.56%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.65",
          "val2": "1.16",
          "chgp": "42.24%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-0.86",
          "val2": "1.72",
          "chgp": "-150.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.95%",
          "val2": "10.24%",
          "chgp": "-1.29%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -0.38% vs 11.18% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -50.79% vs 137.02% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "239.27",
          "val2": "240.19",
          "chgp": "-0.38%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "27.64",
          "val2": "31.71",
          "chgp": "-12.84%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "2.45",
          "val2": "0.33",
          "chgp": "642.42%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "11.91",
          "val2": "24.20",
          "chgp": "-50.79%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "11.55%",
          "val2": "13.20%",
          "chgp": "-1.65%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 0.89% vs 8.73% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -68.83% vs 144.82% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "356.85",
          "val2": "353.69",
          "chgp": "0.89%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "38.16",
          "val2": "41.72",
          "chgp": "-8.53%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "4.10",
          "val2": "0.47",
          "chgp": "772.34%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "11.05",
          "val2": "35.45",
          "chgp": "-68.83%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.69%",
          "val2": "11.80%",
          "chgp": "-1.11%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 6.08% vs 44.00% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 78.04% vs 34.32% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "477.82",
          "val2": "450.43",
          "chgp": "6.08%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "52.30",
          "val2": "55.92",
          "chgp": "-6.47%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.01",
          "val2": "0.72",
          "chgp": "40.28%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "43.69",
          "val2": "24.54",
          "chgp": "78.04%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.95%",
          "val2": "12.41%",
          "chgp": "-1.46%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
117.58
111.17
5.77%
Operating Profit (PBDIT) excl Other Income
10.52
11.38
-7.56%
Interest
1.65
1.16
42.24%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-0.86
1.72
-150.00%
Operating Profit Margin (Excl OI)
8.95%
10.24%
-1.29%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 5.77% vs -13.22% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is -150.00% vs -83.12% in Sep 2024

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
239.27
240.19
-0.38%
Operating Profit (PBDIT) excl Other Income
27.64
31.71
-12.84%
Interest
2.45
0.33
642.42%
Exceptional Items
0.00
0.00
Consolidate Net Profit
11.91
24.20
-50.79%
Operating Profit Margin (Excl OI)
11.55%
13.20%
-1.65%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -0.38% vs 11.18% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -50.79% vs 137.02% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
356.85
353.69
0.89%
Operating Profit (PBDIT) excl Other Income
38.16
41.72
-8.53%
Interest
4.10
0.47
772.34%
Exceptional Items
0.00
0.00
Consolidate Net Profit
11.05
35.45
-68.83%
Operating Profit Margin (Excl OI)
10.69%
11.80%
-1.11%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 0.89% vs 8.73% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -68.83% vs 144.82% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
477.82
450.43
6.08%
Operating Profit (PBDIT) excl Other Income
52.30
55.92
-6.47%
Interest
1.01
0.72
40.28%
Exceptional Items
0.00
0.00
Consolidate Net Profit
43.69
24.54
78.04%
Operating Profit Margin (Excl OI)
10.95%
12.41%
-1.46%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 6.08% vs 44.00% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 78.04% vs 34.32% in Mar 2023

stock-summaryCompany CV
About Z F Steering Gear (India) Ltd stock-summary
stock-summary
Z F Steering Gear (India) Ltd
Micro Cap
Auto Ancillary
ZF Steering Gear (India) Limited was incorporated on January 21, 1981. The Company is engaged in production & assembling of steering systems for vehicles, buses and tractors. The Company work plants 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.
Company Coordinates stock-summary
Company Details
Gat No 1242 & 1244, Vadu Budruk Shirur Taluka Pune Maharashtra : 412216
stock-summary
Tel: 91-2137-305100
stock-summary
enquiry@zfindia.com
Registrar Details
Link Intime India Pvt Ltd, Block No 202, 2nd Floor, Akshay Complex, Near Ganesh Temple, Off Dhole Patil Road , Pune