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Z F Steering Gear (India) Ltd dividend

Z F Steering Gear (India) Ltd dividend

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₹ 0.6 Cr

Volume transacted

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6.1 K

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Last Updated time: 19 Jul 15:30 PM

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Z F Steering Gear (India) Ltd

NSE: ZFSTEERING

DPS

5

Last updated : FY 2023

Key Highlights

    The Dividend per Share of Z F Steering Gear (India) Ltd is ₹ 5 as of 2023 .a1#The Dividend Payout of Z F Steering Gear (India) Ltd changed from 17.83 % on March 2019 to 17.83 % on March 2023 . This represents a CAGR of 0.00% over 1 years. a1#The Latest Trading Price of Z F Steering Gear (India) Ltd is ₹ 1048 as of 19 Jul 16:01 .a1#The Market Cap of Z F Steering Gear (India) Ltd changed from ₹ 650.95 crore on March 2019 to ₹ 386.56 crore on March 2023 . This represents a CAGR of -22.94% over 2 years. a1#The Revenue of Z F Steering Gear (India) Ltd changed from ₹ 107.59 crore to ₹ 133.21 crore over 8 quarters. This represents a CAGR of 11.27% a1#The EBITDA of Z F Steering Gear (India) Ltd changed from ₹ 15.48 crore to ₹ 19.66 crore over 8 quarters. This represents a CAGR of 12.70% a1#The Net Pr of Z F Steering Gear (India) Ltd changed from ₹ 4.82 crore to ₹ 8.24 crore over 8 quarters. This represents a CAGR of 30.75% a1#

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Company Fundamentals For Z F Steering Gear (India) Ltd

Market Cap

968 Cr

EPS

48.2

P/E Ratio (TTM) *

22.2

P/B Ratio (TTM) *

2.1

DTE *

0.2

ROE *

9.5

ROCE *

9.9

Dividend Yield *

1.17

DPS *

5

Dividend Payout *

17.83

Ann.Dividend % *

50

* All values are consolidated

Last Updated time: 19 Jul 15:30 PM

* All values are consolidated

Last Updated time: 19 Jul 15:30 PM

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Historical Dividend Payout of Z F Steering Gear (India) Ltd

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Historical Dividend Payout of Z F Steering Gear (India) Ltd

Period
Mar '190
Mar '200
Mar '210
Mar '220
Mar '2318

* All values are a in %

Dividend per Share (DPS) Over Time

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DIVIDENDYIELD

Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.

Dividend Yield Comparison With Top Peers

1M

1Y

3Y

5Y

* All values are in %

Net Profit Vs Dividend Per Share

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Z F Steering Gear (India) Ltd

NSE: ZFSTEERING

PRICE

1048

-19.25 (-1.80%)

stock direction

Last updated : 19 Jul 16:01

SWOT Analysis Of Z F Steering Gear (India) Ltd

Strength

3

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

Overview of Dividend

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


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Historical Market Cap of Z F Steering Gear (India) Ltd

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Historical Market Cap of Z F Steering Gear (India) Ltd

Period
Mar '19651
Mar '23387

* All values are a in crore

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Historical Revenue of Z F Steering Gear (India) Ltd

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Historical Revenue of Z F Steering Gear (India) Ltd

Period
Jun '22108
Sep '22110
Dec '22113
Mar '23133
Jun '23128
Sep '23125
Dec '23126
Mar '24133

* All values are a in crore

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Historical EBITDA of Z F Steering Gear (India) Ltd

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

Historical EBITDA of Z F Steering Gear (India) Ltd

Period
Jun '2215
Sep '2215
Dec '2215
Mar '2324
Jun '2325
Sep '2319
Dec '2323
Mar '2420

* All values are a in crore

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Historical Net Profit of Z F Steering Gear (India) Ltd

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Historical Net Profit of Z F Steering Gear (India) Ltd

Period
Jun '225
Sep '225
Dec '224
Mar '2310
Jun '2312
Sep '2313
Dec '2311
Mar '248

* All values are a in crore

About Z F Steering Gear (India) Ltd

About Z F Steering Gear (India) Ltd

    ZF Steering Gear (India) Limited was incorporated in January 21, 1981. The Company is engaged in production & assembling of steering systems for vehicles, buses and tractors. The Company has plant at Vadu Budruk, Near Pune and at Pithampur (Madhya Pradesh). The company's steering gears find application in buses and are supplied to various state transport undertakings and also to heavy vehicles like dumper and haulage trucks. Buses fitted with power steering gears reduce the drivers' effort and fatigue to steer the vehicle and adds to their safety. The original collaborators of the company, ZF Friedrichshfan AG, Germany (ZFG) formed a joint venture with Robert Bosch, GmbH(Bosch) and have established a separate company - ZF LENKSYSTEME GmbH (ZFLS) - which is jointly managed by ZF and Bosch and in which both these partners hold 50% stake each. The steering gear business of the partner has been transferred to this new joint venture company. Consequently, the investment in the shares of ZFGIL, held by ZFG, has been transferred to ZF Beteiligungsholding GmbH (ZFBG) which will be fully controlled by ZFLS, the joint venture company. The shares were transferred to ZFBG after necessary government approvals. Similarly, all rights and obligations of ZFG under the technical collaboration agreement with ZF India have been transferred to ZFLS. During 1998-99, Company was awarded renewal of ISO 9001 Certificate for further period of 3 years. During the year 2001-02, Company installed two windmills (0.35 MW each) at Vankusavade in Satara District ancl one windmill (1 MW) at Supa in Ahmednagar District, which generated 25 lac units of Power. In 2004, the Collaborators. ZF Lenksysteme, Germany (ZFLS) had a subsidiary, ZF Beteiligungsgesellschaft (ZFBTL) which was holding 1,170,000 shares of ZF India. As a part of restructuring, ZFBTL merged with the holding company, ZFLS, and consequently, ZFLS held shares of ZF India. The Company allotted 4,536,650 Equity shares as fully paid-up Bonus Shares in the ratio of one share for every share held (1:1) on September 5,2005 and as a result, the said Shares were listed at Bombay Stock Exchange. It expanded the installed capacity of Power Steering Gears from 150,000 to 240,000 per annum and of Mechanical Steering Gears from 100,000 to 120,000 per annum, during 2006-07, at a capital expenditure of approx. Rs. 70 million. The Company expanded its installed capacity of Power Steering Gears from 240,000 to 270,000 per annum and of Mechanical Steering Gears from 120,000 to 140,000 per annum, during 2007-08, at a capital expenditure of approx. Rs. 80 million. It commissioned 5 MW Wind Turbine Machines in March 2010. By end of financial year 2010-11, the Company expanded its installed capacity of Power Steering Gears to 3 lac units per annum and Mechanical Steering Gears to 2 lac units per annum at its existing factory at Vadu Budruk. The Company made substantial investment in the JV Company, ZF Lenksysteme India Private Limited. In February, 2012, additional capital, was raised by the JV Company and consequently, the paid-up capital of the JV Company stood at Rs. 819 million and Company held 26% of the total paid up capital of the JV Company. The JV Company set up its manufacturing plant at Village Phulgaon, Pune, to establish its manufacturing operations in steering systems and as a result, the said plant was inaugurated on April 26, 2012. A 5 MW Solar Power Project was commissioned in Patan District of Gujarat, which became operational in 2012-13. During the year 2014, there was a change in the Shareholding/ Ownership pattern of ZF Lenksysteme, GmbH' (ZFLS), the foreign-promoter of Company. Previously, entire share capital of ZFLS was held between ZF Friedrichshafen AG and Robert Bosch GmbH in the ratio of 50:50. In January 2015, Robert Bosch GmbH agreed to buy the shares held by ZF Friedrichshafen AG in ZFLS and became 100% owner of ZFLS. Consequent upon this change, name of ZFLS was changed to Robert Bosch Automotive Steering GmbH'. During year 2017-18, the Company commissioned rooftop solar project situated at Vadu Budruk plant. In April, 2022, the Company had incorporated two Wholly-Owned Subsidiaries, DriveSys Systems Private Limited and NexSteer Systems Private Limited.

Z F Steering Gear (India) Ltd News Hub

News

Board of ZF Steering Gear (India) recommends final dividend

ZF Steering Gear (India) announced that the Board of Directors of the Company at its meeti...

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25 May 202415:14

News

ZF Steering Gear (India) to table results

ZF Steering Gear (India) will hold a meeting of the Board of Directors of the Company on 2...

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18 May 202415:51

News

ZF STEERING announces cessation of director

Z F Steering Gear (India) announced that second term of Manish Motwani (DIN: 00394860), as...

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26 Mar 202415:54

News

ZF Steering Gear (India) to discuss results

ZF Steering Gear (India) will hold a meeting of the Board of Directors of the Company on 3...

Read more

25 Jan 202417:10

News

ZF Steering Gear (India) to announce Quarterly Result

ZF Steering Gear (India) will hold a meeting of the Board of Directors of the Company on 4...

Read more

28 Oct 202315:54

News

ZF Steering Gear (India) to conduct AGM

ZF Steering Gear (India) announced that the 43th Annual General Meeting (AGM) of the compa...

Read more

24 Jul 202311:22

FAQs for dividends of Z F Steering Gear (India) Ltd

What is the current market price of Z F Steering Gear (India) Ltd Ltd as of July 19, 2024?

The current market price of Z F Steering Gear (India) Ltd Ltd stands at 1048.0 per share.

What dividend did Z F Steering Gear (India) Ltd declare in the last fiscal year?

In the last fiscal year, Z F Steering Gear (India) Ltd declared a dividend totaling ₹8.0.

What is the most recent dividend declared by Z F Steering Gear (India) Ltd?

Z F Steering Gear (India) Ltd recently declared a dividend of 0.0 in the latest quarter

How many times has Z F Steering Gear (India) Ltd declared dividends in the current fiscal year

Z F Steering Gear (India) Ltd has declared dividends 4 times totaling ₹0 in the current fiscal year (FY2023-2024).

How many times did Z F Steering Gear (India) Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2022-2023), Z F Steering Gear (India) Ltd declared dividends 4 times totaling ₹0.
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