ZF Commercial Vehicle Control Systems India Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The company achieved strong financial growth, reporting Rs. 4,055.48 crore in annual revenue from operations. Alongside the positive financial performance, the Board has recommended a final dividend of 80% (Rs. 4 per share) and approved a 5:1 bonus equity share issuance, signaling robust value creation for shareholders.
Financial Performance Highlights
For the financial year ended March 31, 2026, the company reported revenue from operations of Rs. 4,055.48 crore, compared to Rs. 3,804.09 crore in the previous year. Profit after tax (PAT) for the same period reached Rs. 506.68 crore, reflecting solid operational efficiency and sustained growth in its automotive components business.
Strategic Investments
The Board has approved a strategic investment in its wholly-owned subsidiary, ZF CV Control Systems Manufacturing India Private Limited (ZF MIPL). The company will subscribe to a rights issue of 3 crore 0.01% Non-Cumulative Optionally Convertible Redeemable Preference Shares at a face value of Rs. 10 each, totaling Rs. 30 crore. These funds are designated to support capital expenditure, working capital requirements, and debt repayment for the subsidiary.
Shareholder Benefits: Dividend and Bonus Issuance
Demonstrating its commitment to rewarding shareholders, the company has recommended a final dividend of 80%, amounting to Rs. 4 per equity share for the financial year 2025-26, payable on or before August 22, 2026.
Furthermore, the Board has approved a 5:1 bonus issue, offering 5 equity shares for every 1 fully paid-up equity share held. The record date for determining the eligibility of members for the bonus shares has been fixed as June 24, 2026. This expansion of share capital will be supported by the company’s significant free reserves and capital reorganisation reserve.
Corporate Updates
The company also announced the appointment of M/s. Jayaram & Associates as Cost Auditors for the 2026-27 financial year. Additionally, to facilitate the proposed capital changes, the company will undertake a postal ballot process to secure shareholder approval for increasing its authorized share capital and the subsequent bonus share issuance.
Source: BSE