Results - Announcements
Z F Steering Gear (India) Ltd share price headed higher 5.09% to Rs 755.3 after the company's net profit saw a mild growth of 2.80% to Rs 11.74 crore, while revenue from operations increased sharply by 28.96% to Rs 184.49 crore in Q3FY26 over Q2FY26.
The market capitalization of Auto Components & Equipments industry group stocks on BSE stood at Rs 12.48 lakh crore, gaining 5.76%. It has improved by 1.46% over last one week and softened by 2.23% in last one month while the market capitalization of Z F Steering Gear (India) Ltd has significantly gained 19.67% and 12.23% in the same period respectively.
Profit before tax (PBT) of Z F Steering Gear (India) Ltd stood at Rs 17.55 crore in Q3 FY26, surging by 17450.00% year-on-year, and rising by 11.85% quarter-on-quarter. EBITDA came in at Rs 21 crore, jumping 84.75% YoY and plunging by 1543.84% sequentially.
Total expenses soared by 20.94% to Rs 169.44 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 115.17 crore, witnessing a sharp rise of 26.13% YoY, while employee benefits expense was at Rs 23.64 crore, inching up 4.88% YoY.
For the TTM ended FY26, revenue from operations advanced 15.63% to Rs 571.06 crore, while net profit slipped by 4.37% to Rs 12.04 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 3593% to Rs 65.05 crore, and PBT expanded by 17.35% to Rs 28.75 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 98.15 crore in FY26, as against Rs 39.25 crore in FY25.
Z F Steering Gear (India) Ltd plunged by 23.68% in last one year, underperforming the benchmark BSE Sensex which has slipped by 9.87% during the same period.