ZF Commercial Vehicle Control Systems India Limited — Investor Meet, 03-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

ZF Commercial Vehicle Control Systems India's Q1 FY27 revenue grew 9.3%. PAT was ₹104.5 Cr, a 14.7% de-growth, due to FX impact this quarter versus prior year's gains. Aftermarket sales surged 15.6% YoY to ₹158.4 Cr, while exports increased 9.7% to ₹271.4 Cr, driven by a positive US market outlook. The company's CV >6T sales outpaced the industry. Strategic wins include Electronic Stability Control (ESC) nominations from three major OEMs. Management is addressing commodity volatility and manpower shortages with price hikes and efficiency drives, maintaining a confident long-term growth outlook from advanced tech and strong market segments.