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ZF Commercial Vehicle Control Systems India Ltd (ZF Commercial Vehicle), is a manufacturer of air-assisted and air brake systems for commercial vehicles. The company provides solutions for trucks, trailers, cars, and off-highway vehicles. Its products include chassis systems, braking systems, and driveline controls. ZF Commercial Vehicle also offers various services such as software development, research and development services, and global business services. The company has five manufacturing facilities located in Ambattur, Chennai; Kharsawan, Jharkhand; Kancheepuram, Tamil Nadu; Lucknow, Uttar Pradesh and Pantnagar, Uttarakhand, India. ZF Commercial Vehicle is headquartered in Chennai, Tamil Nadu, India.
Headquarters
India
Address
Plot No. 3 (Sp), III Main Road, Ambattur Industrial Estate, Chennai, Tamil Nadu, 600058
Telephone
91 44 42242000
No of Employees
2,488
Industry
Automotive
Ticker Symbol & Exchange
ZFCVINDIA (NSE)
Revenue (2024)
$457.9M
0.4%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
13.4%
(2024 vs 2023)
Market Cap*
$3.1B
Net Profit Margin (2024)
XYZ
13.0%
(2024 vs 2023)
* As of and is in US$
ZF Commercial Vehicle Control Systems India Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Conventional Braking Products | Software Development |
| Advanced Braking System | Research and Development Services |
| Anti-lock Braking Systems (ABS) | Test Track Usage and Other Related Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In April, the company secured a contract from an undisclosed commercial vehicle manufacturer in India to deliver several thousand units of its AxTrax 2 electric axle. |
| 2024 | Stake Sale | In November, the company sold its 4.3% stake held by WABCO Asia. |
| 2024 | Contracts/Agreements | In May, the company signed a memorandum of understanding with the Indian Institute of Technology to develop the Bharat Multi-Modal Mobility Stack. |
Competitor Comparison
| Key Parameters | ZF Commercial Vehicle Control Systems India Ltd | Bosch Ltd | Force Motors Limited | Steel Strips Wheels Ltd | Gabriel India Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Chennai | Bengaluru | Pune | Chandigarh | Pune |
| State/Province | Tamil Nadu | Karnataka | Maharashtra | Chandigarh | Maharashtra |
| No. of Employees | 2,488 | 5,742 | 4,640 | 3,027 | 2,818 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Akash Passey | Chairman | Executive Board | 2024 | 56 |
| Periakaruppa Nadar Kaniappan | Managing Director | Executive Board | 2008 | - |
| Sweta Agarwal | Chief Financial Officer | Senior Management | 2024 | - |
| Paramjit Singh Chadha | Managing Director | Senior Management | 2025 | - |
| M S Ravikumar | Vice President - Operations - Region India | Senior Management | 2008 | 57 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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