ZF Steering Gear (India) Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Revenue growth in Q4 2023 indicates strong demand recovery compared to previous quarters.
Operating profit margin slightly improved in Q4 2024, signaling better cost management.
Net profit rebounded in Q2 2024, showcasing resilience despite earlier declines.

NEGATIVES

Net profit turned negative in Q4 2024, reflecting significant challenges in profitability.
Revenue decreased in Q3 2024, diverging from the growth trend observed in earlier quarters.
High tax implications in Q4 2024 impacted overall profitability and cash flow.

Field	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25
Revenue	119.32	113.50	124.13	128.10	111.17	117.58	137.02	132.93
Expenses	114.30	112.12	123.42	122.01	110.64	120.08	137.36	127.57
Operating Profit	5.02	1.38	0.71	6.09	0.53	-2.50	-0.34	5.36
Other Income	5.89	12.51	9.08	8.13	5.40	1.20	5.99	5.40
Interest	0.17	0.14	0.54	1.29	1.16	1.65	2.46	2.07
Depreciation	8.13	8.49	9.33	8.88	9.69	11.37	12.84	10.71
Profit Before Tax	10.91	13.89	9.79	14.22	5.93	-1.30	5.65	10.76
Tax	-1.61	2.64	1.55	4.03	4.21	0.43	3.24	3.61
Net Profit	12.52	11.25	8.24	10.19	1.72	-1.73	2.41	7.15
Eps in Rs	13.80	12.40	9.08	11.23	1.90	-1.91	2.66	7.88