Whalesbook
Bonus and Dividend Approval
The board of ZF Commercial Vehicle Control Systems India greenlit a substantial 5:1 bonus equity share issuance. This means shareholders will receive five new shares for every one held. The company has designated June 24, 2026, as the record date to determine eligibility for this bonus distribution. Concurrently, the company's paid-up equity share capital is set to expand significantly, from 1.89 crore shares to 11.38 crore shares post-bonus. In addition, directors recommended a final dividend of ₹4 per equity share for FY 2025-26, with July 10, 2026, fixed as the record date for dividend eligibility, pending shareholder approval.
Financial Performance Highlights
ZF Commercial Vehicle Control Systems India posted strong financial results for the fourth quarter of fiscal year 2026. Consolidated revenue from operations reached ₹1,155 crore, marking a 14% increase compared to ₹1,012 crore in the same period last year. Profit before tax grew approximately 16% to ₹197 crore. Profit after tax saw a 15% year-over-year rise, totaling ₹146 crore from ₹127 crore in Q4 FY25. Earnings per share increased to ₹77.14 from ₹66.81.
For the full fiscal year ending March 31, 2026, the company reported consolidated revenue of ₹4,119 crore, an 8% improvement over FY25's ₹3,831 crore. Annual consolidated profit after tax was ₹517 crore, up 12% from ₹461 crore in the prior fiscal year. This performance reflects steady operational growth and effective cost management.
Strategic Investments
Further demonstrating its commitment to expansion and operational strength, ZF Commercial Vehicle Control Systems India approved an investment of ₹30 crore in its subsidiary, ZF CV Control Systems Manufacturing India Private Limited. This capital infusion, via preference shares, is earmarked for capital expenditure, working capital needs, and the repayment of existing loans. The company also adjusted its authorized share capital, increasing it from ₹10 crore to ₹60 crore to accommodate the planned bonus issue.