ZF Commercial Vehicle Control Systems India sees H1 2025-26 profit jump

ZF Commercial Vehicle Control Systems India Limited reported a consolidated net profit of INR230.65 crores for the first half of FY 2025-26, marking a 10.6% increase from INR208.55 crores in the corresponding period of FY 2025. Total revenue for the quarter ending September 30, 2025, reached INR958.21 crores, a marginal 0.8% year-on-year increase. The company's total revenue for the first half grew by 4.1% to INR2,003.6 crores from INR1,921.2 crores, achieving an EBITDA margin of 22.9% and profit after tax of INR108.3 crores for Q2 2025-26.

The company's OE sales for commercial vehicles over 6 tonnes grew by 7.4% in Q2 2025-26, despite headwinds such as an unfavorable model mix and a 3.5% degrowth in the trailer segment. This growth was primarily driven by higher Electronic Stability Control (ESC) penetration due to updated regulations and market share gains in e-compressors among independent bus manufacturers. The aftermarket segment also saw impressive growth of 12.6% in Q2 2025-26, supported by increased retrofitment of trailer ABS and door control systems.

Export performance for parts and products registered a 16% decline in Q2 2025-26 due to volume reduction in the U.S. market, though export of services grew robustly by 12.1%. The company remains focused on strategic initiatives, including increasing penetration of trailer ABS, EBS, and OptiDrive AMT systems, and localizing efforts for e-compressors and EBS systems to capture growth in the electric vehicle segment.