ZFCVINDIA ZF Commercial Vehicle Control Systems India Q4 FY26 results (Jan–Mar 2026) and concall
ZF Commercial Vehicle Control Systems India Limited reported its highest ever quarterly and annual revenues for Q4 and FY26, driven by strong OE sales and aftermarket growth. Despite a 230 bps Q-on-Q margin compression in Q4 due to commodity costs and salary hikes, the company achieved robust profit growth. Strategic focus on new product development, ADAS, and EV solutions, alongside significant ESG initiatives and shareholder returns (bonus issue, dividend), positions the company for future growth amidst evolving market dynamics and geopolitical uncertainties.
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What they filed
Q4 FY26: revenue up 14.1%, net profit up 15.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|
| Revenue | 911 | 962 | 1,012 | 976 | 913 +0% | 1,075 +12% | 1,155 +14% |
| EBITDA | 140 | 177 | 175 | 132 | 134 −4% | 199 +12% | 190 +9% |
| Net profit | 109 | 125 | 127 | 122 | 108 −1% | 140 +12% | 146 +15% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.





