ZF Steering Gear (I)
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ZF Steering Gear (India) Ltd. informed the stock exchanges that it has signed a Framework Co-operation Agreement with Hubei Tri-Ring Motor Steering Gear Co. Ltd., China, on June 29, 2026. The agreement aims to establish a framework for co-operation in developing Electric Hydraulic Power Assisted Steering (EHPAS) assemblies in India. The company described the pact as preliminary in nature and a basis for further discussions, adding that the proposed co-operation is in the ordinary course of business and is not a related party transaction.
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ZF Steering Gear (India) Ltd. informed the stock exchanges that it has signed a Framework Co-operation Agreement with Hubei Tri-Ring Motor Steering Gear Co. Ltd., China, on June 29, 2026. The agreement aims to establish a framework for co-operation in developing Electric Hydraulic Power Assisted Steering (EHPAS) assemblies in India. The company described the pact as preliminary in nature and a basis for further discussions, adding that the proposed co-operation is in the ordinary course of business and is not a related party transaction.
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June 29 (Reuters) - Z F Steering Gear (India) Ltd ZFST.NS:
Z F STEERING GEAR (INDIA) - ENTERS FRAMEWORK CO-OPERATION AGREEMENT WITH HUBEI TRI-RING FOR EHPAS ASSEMBLIES DEVELOPMENT IN INDIA
Source text: ID:nBSE2HmXPH
Further company coverage: ZFST.NS
(([email protected];))
June 29 (Reuters) - Z F Steering Gear (India) Ltd ZFST.NS:
Z F STEERING GEAR (INDIA) - ENTERS FRAMEWORK CO-OPERATION AGREEMENT WITH HUBEI TRI-RING FOR EHPAS ASSEMBLIES DEVELOPMENT IN INDIA
Source text: ID:nBSE2HmXPH
Further company coverage: ZFST.NS
(([email protected];))
Jan 9 (Reuters) - Z F Steering Gear (India) Ltd ZFST.BO:
Z F STEERING GEAR (INDIA) LTD - UNIT DRIVESYS SYSTEMS ENTERS AGREEMENTS WITH OM TEJSHREE AND MICROTECH
Z F STEERING GEAR (INDIA) LTD - DRIVESYS BUYS TWO FACTORY PREMISES ON SUB-LEASE IN MAHARASHTRA
Source text: ID:nBSE8VRfpt
Further company coverage: ZFST.BO
(([email protected];))
Jan 9 (Reuters) - Z F Steering Gear (India) Ltd ZFST.BO:
Z F STEERING GEAR (INDIA) LTD - UNIT DRIVESYS SYSTEMS ENTERS AGREEMENTS WITH OM TEJSHREE AND MICROTECH
Z F STEERING GEAR (INDIA) LTD - DRIVESYS BUYS TWO FACTORY PREMISES ON SUB-LEASE IN MAHARASHTRA
Source text: ID:nBSE8VRfpt
Further company coverage: ZFST.BO
(([email protected];))
March 18 (Reuters) - Z F Steering Gear (India) Ltd ZFST.BO:
ALLOTTED 4.1 MILLION SHARES OF METACAST
Source text: ID:nBSE6VMkyD
Further company coverage: ZFST.BO
(([email protected];;))
March 18 (Reuters) - Z F Steering Gear (India) Ltd ZFST.BO:
ALLOTTED 4.1 MILLION SHARES OF METACAST
Source text: ID:nBSE6VMkyD
Further company coverage: ZFST.BO
(([email protected];;))
Nov 11 (Reuters) - Z F Steering Gear (India) Ltd ZFST.BO:
SEPT-QUARTER CONSOL NET PROFIT 17.2 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 1.11 BILLION RUPEES
Source text: ID:nBSE4ZZbFD
Further company coverage: ZFST.BO
(([email protected];;))
Nov 11 (Reuters) - Z F Steering Gear (India) Ltd ZFST.BO:
SEPT-QUARTER CONSOL NET PROFIT 17.2 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 1.11 BILLION RUPEES
Source text: ID:nBSE4ZZbFD
Further company coverage: ZFST.BO
(([email protected];;))
Aug 7 (Reuters) - Z F Steering Gear (India) Ltd ZFST.BO:
TO CONSIDER RAISING OF FUNDS
Source text for Eikon: ID:nBSE3MzQXK
Further company coverage: ZFST.BO
(([email protected];))
Aug 7 (Reuters) - Z F Steering Gear (India) Ltd ZFST.BO:
TO CONSIDER RAISING OF FUNDS
Source text for Eikon: ID:nBSE3MzQXK
Further company coverage: ZFST.BO
(([email protected];))
Aug 6 (Reuters) - Z F Steering Gear (India) Ltd ZFST.BO:
JUNE-QUARTER CONSOL NET PAT 101.9 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 1.28 BILLION RUPEES
Source text for Eikon: ID:nBSE19RjGG
Further company coverage: ZFST.BO
(([email protected];))
Aug 6 (Reuters) - Z F Steering Gear (India) Ltd ZFST.BO:
JUNE-QUARTER CONSOL NET PAT 101.9 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 1.28 BILLION RUPEES
Source text for Eikon: ID:nBSE19RjGG
Further company coverage: ZFST.BO
(([email protected];))
April 5 (Reuters) - Z F Steering Gear (India) Ltd ZFST.BO:
Z F STEERING GEAR (INDIA) - UNIT DRIVESYS HAS COMMENCED COMMERCIAL PRODUCTION OF ITS PHASE I FROM MARCH 18
Z F STEERING GEAR (INDIA) LTD - METACAST EXPECTED TO START BUSINESS OPERATIONS BY END OF JUNE/ JULY 2024
Source text for Eikon: ID:nBSE4jx9GT
Further company coverage: ZFST.BO
(([email protected];))
April 5 (Reuters) - Z F Steering Gear (India) Ltd ZFST.BO:
Z F STEERING GEAR (INDIA) - UNIT DRIVESYS HAS COMMENCED COMMERCIAL PRODUCTION OF ITS PHASE I FROM MARCH 18
Z F STEERING GEAR (INDIA) LTD - METACAST EXPECTED TO START BUSINESS OPERATIONS BY END OF JUNE/ JULY 2024
Source text for Eikon: ID:nBSE4jx9GT
Further company coverage: ZFST.BO
(([email protected];))
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Popular questions
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What does ZF Steering Gear (I) do?
ZF Steering Gear (India) Limited is a pioneer in the manufacturing and supply of hydraulic and mechanical steering systems in India. It was incorporated in 1981 as a joint venture with ZF Friedrichshafen AG.
Who are the competitors of ZF Steering Gear (I)?
ZF Steering Gear (I) major competitors are Rane (Madras), JTEKT India, Setco Automotive, Divgi Torqtransfer, LG Balakrishnan&Bros, Elecon Engg. Co., Craftsman Automation. Market Cap of ZF Steering Gear (I) is ₹595 Crs. While the median market cap of its peers are ₹3,895 Crs.
Is ZF Steering Gear (I) financially stable compared to its competitors?
ZF Steering Gear (I) seems to be less financially stable compared to its competitors. Altman Z score of ZF Steering Gear (I) is 3.7 and is ranked 6 out of its 8 competitors.
Does ZF Steering Gear (I) pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. ZF Steering Gear (I) latest dividend payout ratio is 16.61% and 3yr average dividend payout ratio is 16.61%
How has ZF Steering Gear (I) allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is ZF Steering Gear (I) balance sheet?
Balance sheet of ZF Steering Gear (I) is strong. But short term working capital might become an issue for this company.
Is the profitablity of ZF Steering Gear (I) improving?
The profit is oscillating. The profit of ZF Steering Gear (I) is ₹15.39 Crs for Mar 2026, ₹14.92 Crs for Mar 2025 and ₹43.69 Crs for Mar 2024
Is the debt of ZF Steering Gear (I) increasing or decreasing?
The net debt of ZF Steering Gear (I) is decreasing. Latest net debt of ZF Steering Gear (I) is ₹90.69 Crs as of Mar-26. This is less than Mar-25 when it was ₹94.94 Crs.
Is ZF Steering Gear (I) stock expensive?
ZF Steering Gear (I) is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of ZF Steering Gear (I) is 38.63, while 3 year average PE is 34.37. Also latest EV/EBITDA of ZF Steering Gear (I) is 9.22 while 3yr average is 15.48.
Has the share price of ZF Steering Gear (I) grown faster than its competition?
ZF Steering Gear (I) has given lower returns compared to its competitors. ZF Steering Gear (I) has grown at ~-2.79% over the last 3yrs while peers have grown at a median rate of 22.45%
Is the promoter bullish about ZF Steering Gear (I)?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in ZF Steering Gear (I) is 62.75% and last quarter promoter holding is 62.79%
Are mutual funds buying/selling ZF Steering Gear (I)?
There is Insufficient data to gauge this.