Recommendation of Dividend for the year ended March 31, 2025
Awaiting price reaction for this filing.
ZF Commercial Vehicle Control Systems India (formerly WABCO India) has recommended a final dividend of Rs. 19 per equity share on a face value of Rs. 5 (380%) for the financial year ended March 31, 2025, subject to shareholder approval at the AGM scheduled for August 20, 2025. The record date for eligibility is August 8, 2025, and payment will be made on or before September 18, 2025. For FY25, standalone revenue rose marginally to Rs. 3,80,409 lakhs from Rs. 3,78,371 lakhs, while net profit grew about 13% to Rs. 45,866 lakhs (from Rs. 40,478 lakhs); consolidated net profit was Rs. 46,073 lakhs versus Rs. 40,645 lakhs. The statutory auditor (B S R & Co. LLP) issued an unqualified (clean) opinion on both standalone and consolidated results. The board also approved re-appointment of an independent director, appointment of a new non-executive director, and various auditor appointments.
The dividend rewards long-term holders and signals continued cash generation by the company, though the yield is modest given the stock's price level. Investors must hold shares by the record date of August 8, 2025 to be eligible; solid profit growth and clean audit results are positive for shareholder sentiment.