ZF Steering Gear (India) logo

ZF Steering Gear (India) share price

NSE: ZFSTEERINGBSE: 505163Auto ComponentsSmall Cap

Last close ₹619.05down ₹27.30 (4.22%)BSE ₹616.80

Share price at the NSE close on 23 Oct 2026. Previous close ₹646.35.

52-week range of BSE trades to 23 Oct 2026
₹570.10Low, 30 Mar 2026₹1,022.00High, 4 Nov 2025
Market cap
₹562 Cr1,710th largest listed
P/E
28.4
P/B
1.2
Dividend yield
Nonein the last 12 months
ROE
4.2%
ROCE
4.0%
Debt to equity
0.21
Volume, NSE
3,21563.8% delivered

Share price

Daily closes since Jan 2007, BSE closes Jan 2007 to Apr 2026, adjusted for splits and bonuses

−37.4%over a year on BSE closes

The returns and 20-session average are on BSE closes, where the record is longest.20-session average 223 shares a day

Results

Standalone, as consolidated accounts are on record for only 7 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 24 Jul

Revenue
₹138 Crdown 18.43%
Net profit
₹19 Crup 342.00%
Net margin
13.4%

Revenue by year

Peak revenue ₹557 Cr, year to Mar 2026

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 2 of the 10 years shown
₹ croreSep 2024Filed 11 NovDec 2024Filed 8 FebMar 2025Filed 12 JunJun 2025Filed 26 JulSep 2025Filed 6 NovDec 2025Filed 31 JanMar 2026Filed 12 MayJun 2026Filed 24 Jul
Revenue111117137131116140169138
Net profit641012412419
Net margin5.3%3.1%7.2%9.1%3.6%8.2%2.5%13.4%
Standalone. The last eight quarters. The latest is shaded.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Auto Component₹571 Crup 15.45%97.7%
  • Renewable Energy₹13 Crup 1.46%2.3%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 64% of 1,984 trading days over the last 10 years.

LowestHighest
Its median24.9Industry median23.0
Price to book

At or below today's level on 42% of 1,961 trading days since Oct 2018.

LowestHighest
Its median1.3Industry median2.7
EV to EBITDA9.4

At or below today's level on 13% of 1,221 trading days over the last 5 years.

LowestHighest
Its median13.0Industry median13.3
Dividend yield

At or below today's level on 56% of 2,465 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median0.62%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−41.0%−6.2%−37.1%0.0%
3 years+11.2%+7.7%+2.9%0.3%
5 years+9.3%+29.1%−15.7%0.4%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters62.82%
  • Indian institutions0.01%
  • Individuals and others37.16%
Holder
Utkarsh MunotPromoter28.56%
Dinesh MunotPromoter22.07%
Nandini MunotPromoter3.54%
Munot Harishkumar AmolchandPromoter2.96%
Jinendra Hirachand MunotPromoter2.47%
Ramesh Hirachand MunotDirectors and their relatives2.38%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Auto Components & Equipments, 155 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to ZF Steering Gear (India) in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Adroit Industries (India)ADROITIND703–––––––0.00%
I S T logoI S TISTLTD6884.20.49.9+13.8%+3.0%10.4%3.7%0.00%
Kinetic Engineering logoKinetic EngineeringKINETICENG667–––+25.1%−269.6%−8.8%−4.7%0.00%
Automotive Stampings and Assemblies logoAutomotive Stampings and AssembliesASAL63321.217.511.1+28.3%+94.6%132.9%39.7%0.00%
Hindustan Composites logoHindustan CompositesHINDCOMPOS53216.50.512.0−8.1%−4.3%2.9%3.0%6.39%
Triton Valves logoTriton ValvesTRITONV48527.0––+21.9%+255.9%15.1%12.2%0.26%
Munjal Showa logoMunjal ShowaMUNJALSHOW48319.50.727.0+12.3%−1.7%3.7%1.1%3.72%
CLN Energy logoCLN EnergyCLN43221.03.8–––19.6%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹8.00 a share, years to Mar 2017, Mar 2018 and Mar 2024.
Ex-dateTypePer share
3 Sep 2024Final₹8.00
8 Sep 2023Final₹5.00
16 Aug 2018Final₹8.00
26 Jul 2017Final₹8.00
17 Mar 2016Interim₹12.50
15 Sep 2015Final₹10.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

ZF Steering Gear (India) share price by year

Each calendar year to 2025.ZF Steering Gear (India) share price history

YearClose at year endChangeHighest closeLowest close
2025BSE close801.45−45.4%1,528.65740.65
2024BSE close1,466.85+83.1%1,875.55795.45
2023BSE close801.00+61.7%867.60384.80
2022BSE close495.40+6.4%668.00397.95
2021BSE close465.75+12.7%560.00362.05
2020BSE close413.20+6.4%457.35202.85
2019BSE close388.35−53.0%831.25354.80
2018BSE close825.70−40.8%1,399.40808.75
2017BSE close1,395.70+15.8%1,503.151,136.20
2016BSE close1,205.45−24.5%1,761.551,121.75
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026645.00659.25602.60619.05623.083,21563.8%
22 Oct 2026674.75674.75635.00646.35648.411,90881.1%
21 Oct 2026676.30680.00652.10662.05666.961,06973.1%
19 Oct 2026687.00687.00676.20677.85680.9630686.0%
16 Oct 2026685.10694.50683.50686.00690.3444279.2%
15 Oct 2026688.00690.25681.90684.50688.0033675.0%
14 Oct 2026682.20690.00673.00681.30680.863,13863.3%
13 Oct 2026694.45695.00675.10678.85680.8569258.0%
12 Oct 2026698.65698.65680.00680.90685.7597174.1%
9 Oct 2026685.25693.75681.30688.65687.791,08267.5%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
ZF Steering Gear (India) Limited
NSE symbol
ZFSTEERING
BSE code
505163
ISIN
INE116C01012
Industry
Auto Components
Listed
May 1983
Face value
₹10
CIN
L29130PN1981PLC023734
Corporate identity number, the registrar of companies' code for it