ZF Commercial Vehicle Control Systems India Balance Sheet
- Market cap
- ₹24,524 crore
- P/E
- 49.1
- P/B
- 6.65
- ROE
- 15.0%
- Dividend yield
- 0.19%
As of Mar 2022, ZF Commercial Vehicle Control Systems India had total assets of ₹13,700 crore and borrowings of ₹1,200 crore, against shareholders' equity of ₹9,000 crore — a debt-to-equity ratio of 0.13. Borrowings rose 1,736.27% from Mar 2023.
ZF Commercial Vehicle Control Systems India balance sheet
As at each financial year end, newest first. H1 = half-year.
| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity capital | 500 | 9.48 | 9.48 | 9.48 | 9.48 |
| Reserves | 8,500 | 2,152 | 2,533 | 2,957 | 3,433 |
| Borrowings | 1,200 | 65.35 | 68.44 | 66.08 | 54.82 |
| Other liabilities | 3,500 | 548 | 523 | 505 | 680 |
| Total liabilities | 13,700 | 3,022 | 3,382 | 3,785 | 4,426 |
| Fixed assets | 6,500 | 664 | 754 | 796 | 803 |
| Capital work in progress | 400 | 100 | 100 | 100 | 100 |
| Investments | 2,500 | 604 | 676 | 757 | 885 |
| Other assets | 4,300 | 907 | 1,014 | 1,136 | 1,328 |
| Total assets | 13,700 | 3,022 | 3,382 | 3,785 | 4,426 |
Balance sheet ratios
- Debt to equity
- 0.13
Source: Company filings (consolidated), in ₹ crore. Data as of 7 October 2026. How this data is compiled.
ZF Commercial Vehicle Control Systems India balance sheet — frequently asked questions
What is the total debt of ZF Commercial Vehicle Control Systems India?
ZF Commercial Vehicle Control Systems India reported borrowings of ₹1,200 crore as of Mar 2022, compared with ₹65.35 crore as of Mar 2023.
What is ZF Commercial Vehicle Control Systems India's debt-to-equity ratio?
Based on the Mar 2022 balance sheet, ZF Commercial Vehicle Control Systems India's debt-to-equity ratio is 0.13 — borrowings of ₹1,200 crore against equity capital and reserves of ₹9,000 crore.
What are ZF Commercial Vehicle Control Systems India's total assets?
ZF Commercial Vehicle Control Systems India's total assets were ₹13,700 crore as of Mar 2022, including fixed assets of ₹6,500 crore and investments of ₹2,500 crore.
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