ZF Commercial Peer Comparison

NSE: ZFCVINDIA | BSE: 533023

₹2,297.80

₹-35.00 (-1.50%)

As on 29-Sep-2026IST

Market cap

₹26,158 Cr

Revenue (TTM)

₹4,210 Cr

P/E Ratio

52.4

P/B Ratio

6.8

Div. Yield

0 %

Edit

	ZF Commercial	Sansera Eng	Gabriel India	TVS Holdings	Asahi India Glass
Market cap (₹ Cr)	26,158	27,388	24,927	24,891	24,411
Revenue (₹ Cr)	4,210	3,753	4,994	62,488	5,175
Net Profit (₹ Cr)	499.25	350.03	255.62	3,932.48	439.52
Net Margin (%)	11.45	9.18	5.09	6.29	8.44
RoE (%)	14.23	12.48	23.29	33.19	11.70
Price to Earnings	52.39	78.61	83.74	12.63	55.78
Price-To-Book	6.81	8.64	17.32	3.25	5.98

Income Statement (₹ Cr)

	ZF Commercial	Sansera Eng	Gabriel India	TVS Holdings	Asahi India Glass
Operating Revenue	4,209.56	3,752.87	4,994.24	62,488.49	5,174.58
Total Income	4,361.78	3,814.04	5,021.18	62,553.78	5,210.66
Total Expenditure	3,548.23	3,056.79	4,537.41	52,548.33	4,124.19
EBITDA	661.34	696.09	456.83	9,940.16	1,050.39
Depreciation	131.37	220.18	107.42	1,455.07	297.63
EBIT	529.97	475.91	349.41	8,485.09	752.76
Interest	5.23	39.28	17.30	2,663.23	191.26
Other Income	152.22	61.17	26.94	65.29	36.08
Exceptional Items	-7.94	-33.17	-13.76	-50.40	-11.74
Profit before Tax	669.02	464.63	345.29	5,836.75	585.84
Provision for Tax	169.77	114.60	89.67	1,904.27	146.32
Profit after Tax	499.25	350.03	255.62	3,932.48	439.52

	ZF Commercial	Sansera Eng	Gabriel India	TVS Holdings	Asahi India Glass
Shareholder's Funds	3,690.58	3,087.37	1,368.75	6,465.73	3,932.09
Minority Interest	0.00	-2.81	-0.66	-1,918.02	-1.74
Non-Current Liabilities	76.03	354.78	145.57	2,519.47	2,206.53
Current Liabilities	658.89	1,032.40	892.17	48,596.08	1,631.55
Total Liabilities	4,425.50	5,058.81	--	63,652.67	7,772.25

	ZF Commercial	Sansera Eng	Gabriel India	TVS Holdings	Asahi India Glass
Non-Current Assets	706.49	2,423.84	804.04	11,526.43	4,601.49
Current Assets	3,492.80	1,804.13	1,484.19	46,397.13	2,329.69
Total Assets	4,425.50	5,058.81	--	63,652.67	7,772.25
Total Debt*	0.00	456.51	--	36,156.34	2,058.67
Net Current Assets	2,833.91	771.73	592.02	-2,198.95	698.14
Contingent Liabilities	58.89	90.10	--	813.17	1,124.94

	ZF Commercial	Sansera Eng	Gabriel India	TVS Holdings	Asahi India Glass
Cash From Operating Activities	810.16	387.07	--	1,137.30	501.69
Cash Flow from Investing Activities	-707.43	-441.43	--	-3,014.56	-665.03
Cash from Financing Activities	-52.09	104.45	--	1,791.61	244.98
Net Cash Inflow / Outflow	50.64	50.09	--	-85.65	81.64

	ZF Commercial	Sansera Eng	Gabriel India	TVS Holdings	Asahi India Glass
ROCE (%)	20.23	14.29	--	19.39	11.84
ROE (%)	14.23	12.48	23.29	33.19	11.70
ROA (%)	12.16	8.51	11.48	6.65	6.04
EBIT Margin (%)	12.59	12.68	7.00	13.58	14.55
Net Margin (%)	11.45	9.18	5.09	6.29	8.44
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	ZF Commercial	Sansera Eng	Gabriel India	TVS Holdings	Asahi India Glass
Revenue Growth (%)	9.03	23.49	14.78	31.97	10.32
EBIT Growth (%)	6.91	40.86	7.85	35.12	33.40
Net Profit Growth (%)	3.22	52.25	0.59	48.49	27.62
EPS Growth (%)	-13.55	57.34	-1.67	57.73	30.71
Book Value Growth (%)	14.81	12.50	--	37.93	47.32

	ZF Commercial	Sansera Eng	Gabriel India	TVS Holdings	Asahi India Glass
Price / Earnings	10.46	74.45	65.12	12.61	54.19
Price / Book Value	6.83	8.77	17.37	3.28	5.93
Dividend Yield (%)	0.03	0.09	0.38	0.70	0.21
EV/EBITDA	36.32	39.99	54.23	5.59	24.76
Market Cap (₹ Cr)	26,393.36	12,936.70	--	28,268.90	20,024.76

	ZF Commercial	Sansera Eng	Gabriel India	TVS Holdings	Asahi India Glass
Debt to Equity	0.00	0.03	0.03	0.00	0.40
Short term debt to equity ratio	--	0.09	--	1.17	0.03
Current Ratio	5.30	1.75	1.66	0.95	1.43
Quick Ratio	4.87	1.10	1.20	0.95	0.68
Interest Coverage	128.89	12.83	20.96	3.19	4.06

	ZF Commercial	Sansera Eng	Gabriel India	TVS Holdings	Asahi India Glass
Debtors to sales (%)	22.37	16.71	13.55	4.30	9.83
Asset Turnover	1.03	0.91	2.24	1.06	0.71
Receivable days	89.54	56.43	--	13.92	34.82
Inventory Days	20.50	61.16	--	15.30	85.94
Payable days	62.65	113.71	--	92.21	233.34
Cash Conversion Cycle	47.39	3.89	--	-63.00	-112.59

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.