ZF Commercial Peer Comparison

NSE: ZFCVINDIA | BSE: 533023

₹2,491.70

₹-60.20 (-2.36%)

As on 07-Sep-2026IST

Market cap

₹28,378 Cr

Revenue (TTM)

₹4,210 Cr

P/E Ratio

56.8

P/B Ratio

7.4

Div. Yield

0 %

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	ZF Commercial	TVS Holdings	Asahi India Glass	Gabriel India	Sansera Eng
Market cap (₹ Cr)	28,378	27,830	24,367	24,210	24,344
Revenue (₹ Cr)	4,210	62,488	5,175	4,994	3,753
Net Profit (₹ Cr)	499.25	3,932.48	439.52	255.62	350.03
Net Margin (%)	11.45	6.29	8.44	5.09	9.18
RoE (%)	14.23	33.19	11.70	23.29	12.48
Price to Earnings	56.84	14.12	55.68	81.33	69.87
Price-To-Book	7.39	3.64	5.97	16.84	7.68

Income Statement (₹ Cr)

	ZF Commercial	TVS Holdings	Asahi India Glass	Gabriel India	Sansera Eng
Operating Revenue	4,209.56	62,488.49	5,174.58	4,522.68	3,752.87
Total Income	4,361.78	62,553.78	5,210.66	4,584.46	3,814.04
Total Expenditure	3,548.23	52,548.33	4,124.19	4,134.18	3,056.79
EBITDA	661.34	9,940.16	1,050.39	388.51	696.09
Depreciation	131.37	1,455.07	297.63	81.02	220.18
EBIT	529.97	8,485.09	752.76	307.49	475.91
Interest	5.23	2,663.23	191.26	7.85	39.28
Other Income	152.22	65.29	36.08	61.78	61.17
Exceptional Items	-7.94	-50.40	-11.74	-13.35	-33.17
Profit before Tax	669.02	5,836.75	585.84	348.07	464.63
Provision for Tax	169.77	1,904.27	146.32	84.56	114.60
Profit after Tax	499.25	3,932.48	439.52	263.51	350.03

	ZF Commercial	TVS Holdings	Asahi India Glass	Gabriel India	Sansera Eng
Shareholder's Funds	3,690.58	6,465.73	3,932.09	1,333.11	3,087.37
Minority Interest	0.00	-1,918.02	-1.74	0.00	-2.81
Non-Current Liabilities	76.03	2,519.47	2,206.53	70.30	354.78
Current Liabilities	658.89	48,596.08	1,631.55	704.52	1,032.40
Total Liabilities	4,425.50	63,652.67	7,772.25	--	5,058.81

	ZF Commercial	TVS Holdings	Asahi India Glass	Gabriel India	Sansera Eng
Non-Current Assets	706.49	11,526.43	4,601.49	701.22	2,423.84
Current Assets	3,492.80	46,397.13	2,329.69	1,306.17	1,804.13
Total Assets	4,425.50	63,652.67	7,772.25	--	5,058.81
Total Debt*	0.00	36,156.34	2,058.67	--	456.51
Net Current Assets	2,833.91	-2,198.95	698.14	601.65	771.73
Contingent Liabilities	58.89	813.17	1,124.94	--	90.10

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

	ZF Commercial	TVS Holdings	Asahi India Glass	Gabriel India	Sansera Eng
ROCE (%)	20.23	19.39	11.84	--	14.29
ROE (%)	14.23	33.19	11.70	21.35	12.48
ROA (%)	12.16	6.65	6.04	13.53	8.51
EBIT Margin (%)	12.59	13.58	14.55	6.80	12.68
Net Margin (%)	11.45	6.29	8.44	5.75	9.18
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	ZF Commercial	TVS Holdings	Asahi India Glass	Gabriel India	Sansera Eng
Revenue Growth (%)	9.03	31.97	10.32	17.45	23.49
EBIT Growth (%)	6.91	35.12	33.40	14.08	40.86
Net Profit Growth (%)	3.22	48.49	27.62	19.60	52.25
EPS Growth (%)	-13.55	57.73	30.71	17.94	57.34
Book Value Growth (%)	14.81	37.93	47.32	--	12.50

	ZF Commercial	TVS Holdings	Asahi India Glass	Gabriel India	Sansera Eng
Price / Earnings	11.31	14.00	54.59	75.51	65.26
Price / Book Value	7.39	3.64	5.97	17.14	7.68
Dividend Yield (%)	0.03	0.63	0.21	0.37	0.10
EV/EBITDA	39.54	5.87	24.92	61.74	35.05
Market Cap (₹ Cr)	26,393.36	28,268.90	20,024.76	--	12,936.70

	ZF Commercial	TVS Holdings	Asahi India Glass	Gabriel India	Sansera Eng
Debt to Equity	0.00	0.00	0.40	0.00	0.03
Short term debt to equity ratio	--	1.17	0.03	--	0.09
Current Ratio	5.30	0.95	1.43	1.85	1.75
Quick Ratio	4.87	0.95	0.68	1.41	1.10
Interest Coverage	128.89	3.19	4.06	45.37	12.83

	ZF Commercial	TVS Holdings	Asahi India Glass	Gabriel India	Sansera Eng
Debtors to sales (%)	22.37	4.30	9.83	14.00	16.71
Asset Turnover	1.03	1.06	0.71	2.32	0.91
Receivable days	89.54	13.92	34.82	--	56.43
Inventory Days	20.50	15.30	85.94	--	61.16
Payable days	62.65	92.21	233.34	--	113.71
Cash Conversion Cycle	47.39	-63.00	-112.59	--	3.89

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