ZFSTEERINGBSEZF Steering Gear India Ltd-$LowNeutral
Announced Sat, 17 May · 17:17 IST

Press Release on Audited Standalone and Consolidated Financial Results for the Quarter/ Financial Year ended on March 31, 2025.

ZFSTEERING · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

ZF Steering Gear (India) Ltd reported its Q4 and FY2024-25 results, posting standalone Q4 revenue of Rs. 136.63 Cr, up 10.07% YoY, with EBITDA rising 10.43% to Rs. 24.13 Cr (margin 16.58%), though PAT dipped 8.22% to Rs. 9.82 Cr due to lower other income and higher tax provision. For the full year FY25, standalone revenue grew 3.15% to Rs. 492.86 Cr, EBITDA stood at Rs. 84.72 Cr (margin 16.26%), and PAT fell nearly 29% to Rs. 33.89 Cr, hurt by reduced solar tariff under a 2010 PPA and weaker financial market income. Two subsidiaries — DriveSys Systems and Metacast Auto — commenced full operations, with management targeting combined revenue of Rs. 160-165 Cr in FY26, both expected to turn EBITDA positive. MD Utkarsh Munot guided to an upward trend in revenue and margins for FY2025-26, citing better auto component performance.

Likely market impact

Mixed near-term outcome — strong top-line and EBITDA growth in Q4 is offset by a sharp full-year PAT decline, but management's confident FY26 guidance and expected subsidiary ramp-up could support future earnings momentum for shareholders.