Zf Commercial Vehicle Control Systems India Limited · NSE:ZFCVINDIA
Zf Commercial Vehicle Control Systems India — Investor Presentation (May 2026)
37 slides from Zf Commercial Vehicle Control Systems India's investor presentation, May 26, 2026
Slide 1: Regulation 30 Intimation: Investor / Analyst Conference Presentation
ZF Group · ZF Commercial Vehicle Control Systems India Limited, Chennai 600058 Commercial Vehicle Solutions Department Finance From C V Kavviya Phone +91 044-4224 2000 Email cv.kavviya@zf.com Date May 26, 2026 The Manager Listing Department BSE Limited, Phiroze Jeejeebhoy Towers Dalal Street, Mumbai
Slide 2: ZF Commercial Vehicle Control Systems India Limited
ZF Commercial Vehicle Control Systems India Limited May 2026
Slide 3: Presenters
Presenters Paramjit Singh Chadha Sweta Agarwal Shankar Venkatachalam Managing Director Chief Financial Officer Head of Sales and Marketing - OE © ZF Friedrichshafen AG 2
Slide 4: About ZF Group
01 About ZF Group ZF confidential
Slide 5: ZF Products and Services for Passenger Cars, Commercial Vehicles, and Industrial Technologies
ZF Products and Services for Passenger Cars, Commercial Vehicles, and Industrial Technologies Electrified Powertrain Commercial Industrial Technology Chassis Solutions ZF Lifetec Electronics and ADAS Vehicle Solutions Technologies Aftermarket © ZF Friedrichshafen AG 4
Slide 6: ZF AG: Financial Overview 2025
ZF AG: Financial Overview 2025 4.5% €1.4 billion €38.8 billion adjusted adjusted free cash Sales EBITA margin flow €3.3 billion €1.8 billion 153,153 Research & Investments in Employees Development property, plant, and equipment © ZF Friedrichshafen AG 5
Slide 7: Worldwide Presence – Production, Development, Sales and Service
Worldwide Presence – Production, Development, Sales and Service North America EMEA Asia Pacific Locations: 24 Locations: 88 Locations: 32 162 production locations in 29 countries 20 main development locations in 9 countries Global service network with more India than 20,000 workshop partners Locatio
Slide 8: Key Figures – Research & Development
Key Figures – Research & Development 8.6% ZF Group invested 8.6% of its global revenue into R&D in 2025 2,043 1,193 Invention Disclosures Patent applications © ZF Friedrichshafen AG 7
Slide 9: ZF Sustainability Strategy and Climate Targets at a Glance
ZF Sustainability Strategy and Climate Targets at a Glance Acting • Reduction of Scope 1 and 2 GHG emissions by 80 For climate and nature % by 2030 (with 2019 as the base year) Acting • Reduction of Scope 3 GHG emissions by 40% per € For all people million sales by 2030 (with 2019 as the base year)
Slide 10: ZF CVCS India: Introduction & Strategy
02 ZF Commercial Vehicle Control Systems India Limited (“ZF CVCS”): Introduction & Strategy ZF confidential
Slide 11: ZF CVCS: Building on a Strong Heritage
ZF CVCS: Building on a Strong Heritage ZF Group Record Integration Financial Inauguration Inauguration of Oragadam Performance Inauguration of Ambattur Inauguration Expansion Jan 2022 Plant - Feb’24 Inauguration of Technology plant and of Pant Nagar of MWC WABCO integrated of MWC Plant center Inaugu
Slide 12: ZF CVCS: At a Glance
ZF CVCS: At a Glance Over 6 Decades as a Market Leader Pant Nagar 6 3 ~270 Lucknow Manufacturing Plants Global Engineering & Authorized Service Technology Centers Partners Jamshedpur 1 ~ 550 > 1,000 Proving Ground Aftermarket Dealers/ Engineers, Global center Distributors for Digitalization and Soft
Slide 13: Evolving CV Industry, with Key Catalysts in Motion..
Internal Evolving CV Industry, with Key Catalysts in Motion.. Key Factors Underpinning Key Trends Impact the CV Industry Growth Now 2030 Reduction in GST rates across segments stimulated GST Rationalization consumption and increased goods movement, positively influencing commercial vehicle (CV) grow
Slide 14: Technological Evolution Trucks, Buses and Trailers
Internal Technological Evolution Trucks, Buses and Trailers Trucks & Buses Infra Boost Business Model & EV Regulation Driven • Higher penetration of high-CC engines driven by • ADAS/ESC: Mandate for M2 , M3 & • Increasing EV penetration in mining, improvements in highways and expressways driven by h
Slide 15: Leading the Path to ACE
Leading the Path to ACE Solutions for each technology path in place Leading player in ACE technologies and solutions Trailer Pulse eComp EBS ECAPU AMT ECAS Transform braking, air Management technology S-CAM4T IPM Radar Extend intelligent control from ICE to eMobility system towards improving Increas
Slide 16: EV Market Poised for Exponential Growth
EV Market Poised for Exponential Growth EV Bus Sales India Factors Influencing the EV Penetration 4,993 3,708 3,312 2,008 Urbanization & 1,194 Government Climate Concern & 15 to 20% Infrastructure Gross Cost Contract Initiatives initiatives of OEMs lower TCO development Model 492 378 147 FY 19 FY 20
Slide 17: Key Product Portfolio
03 Key Product Portfolio ZF confidential
Slide 18: Trusted Innovation Partner for India's OEMs
Trusted Innovation Partner for India’s OEMs Technology & Applicated Platforms • First to bring advanced 2025 • SOP of eComp Lite for Trucks technology tailored for Indian CV market ECAS • Launch of Electronically Controlled 2024 Air Suspension (ECAS) for Ultra Ultra Low Entry Platforms − ABS, ESC, E
Slide 19: ZF's ADAS Solution
ZF’s ADAS Solution 1. Legacy player and first to market globally in 2007, more than 15 years of Experience in a global landscape 2. More than 750,000 solutions sold globally 3. OGM 1.0 & OGM SE variants 4. 16 advanced features including mainly GSR 184(E) features AEBS, LDWS, DDAW, MOIS and BSIS. 5.
Slide 20: ESC Smart
ESC Smart Electronic Stability Control Roll Stability Yaw control control Globally proven solution Dedicated for India Market Test Track © ZF Friedrichshafen AG
Slide 21: EBS and ESC for EV applications
EBS and ESC for EV applications Applicated across all OEMs thus improving safety and regen efficiency • Optimal grip under tough environmental conditions • Ensures driving stability & steerability • Maintain control of vehicle even on slippery surface • Increased road safety • Control vehicle unde
Slide 22: ECAS - Electronically Controlled Air Suspension
ECAS - Electronically Controlled Air Suspension Applicated in ICE and EV buses with Ultra low Floor Entry • Modular and Scalable ECAS system • Maintains Constant below pressure while motions • Offers Outstanding suspension Quality • Intelligent Kneeling • Automatically returns to drive height when d
Slide 23: AMT Optidrive
AMT Optidrive • Modular automation solution adaptable to existing manual gearboxes • Increases driver effectiveness across all experience levels • Optimizes fuel efficiency installed on ICE vehicles • Supports transmissions from 5-speed to 16-speed. >1800+ Mining Trucks fitted with Optidrive on road
Slide 24: Compressor Roadmap - India Market
Compressor Roadmap - India Market Fuel Savings OPR Clutch Aluminium Compressor Compressor crankcase 636cc Twin High Capacity 393 cc 440 cc cylinder Compressor Compressor Compressor Improved Air Quality & Reduced emission Water cooled 2 Stage Compressor crank case Extended cylinder head Electrificati
Slide 25: ZF Door & Door Control Systems
ZF Door & Door Control Systems One of the leading supplier for bus door and door control Local Manufacturing system in Europe & India facility catering Indian customer requirements The Reliable Solution! ZF Door Where Your Safe Journey Begins…. Control system Modular control system Next Gen Technolo
Slide 26: Intelligent system | Ensuring the safety of Passengers
Intelligent system| Ensuring the safety of Passengers Fire alarm Integration Inbuilt • Bus doors can be connected to the Door Cylinder with obstacle sensing Fail safe opening vehicle’s fire detection system Modular Door Door Control ECU Electric actuator Valve Doors are equipped with fail-safe • Aut
Slide 27: Spare Parts Aftermarket Reforms Kick-off (SPARK)
Spare Parts Aftermarket Reforms Kick-off (SPARK) SPARK – Key Launch Highlights & Pipeline Recent Launches & Achievements 9+ merchandise products identified; development initiated (in addition to in-house projects) ADB Rotors launched as the first SPARK project on April 2026. Sales started, sales pro
Slide 28: Engineering Excellence
Engineering Excellence Headcount Distribution • 85% of Engineers working for Global projects and 15% of teams working on Local projects • Since 2004, 230 Invention disclosures filed and 96 patents granted. • Technical rights for core developments in Brakes Control from 2010 5 Pune • Application and
Slide 29: Inhouse Engineering Infrastructure (Test track & Lab)
Inhouse Engineering Infrastructure (Test track & Lab) ESC Test Track Proving Ground Performance test lab Durability test lab HIL set up panel Lift Axle Chassis Rig Pneumatic Clutch Door test Steering Gear durability ADB fatigue test rig Actuator (AMT) rig facility Test Rig E-com durability Electroni
Slide 30: Recognition for Excellence in Execution
Recognition for Excellence in Execution • Strong relationship with customers for over six decades • Recognized by leading customers for innovation, technology partnership, cost competitiveness, quality and excellence • Recipient of 30+ customer awards over the last decade+ • 10 awards from Ashok Ley
Slide 31: Investor Visits
Investor Visits March 2025 March 2026 • 40 investors and shareholders visited the Oragadam • 36 investors from institutional representatives and facility to gain insights into our operations and family offices visited our ZF Proving Ground to gain technologies insights into our operations and techno
Slide 32: ZFCVCS: Q4 FY26 & FY26
04 ZFCVCS: Q4 FY26 & FY26 ZF confidential
Slide 33: ZF CVCS India Quarter Performance
ZF CVCS India Quarter Performance Internal INR Cr OEM AM Exports Service Income+ Other Income EBITA -0.7% +1.3% +15.2% p.a. -0.5% -0.3% 19.3% +8.3% 20.0% +15.3% 19.5% 19.0% +0.3% -8.1% 1,197 18.7% 1,105 1,039 1,042 958 524 597 477 464 393 221 232 202 198 179 124 137 138 158 151 286 245 252 259 269 1
Slide 34: ZF CVCS India Annual Performance
ZF CVCS India Annual Performance Internal INR Cr OEM AM Exports Service Income+ Other Income EBITA +7.0% p.a. +0.6% +9.2% +1.8% +11.4% +0.7% + 1.6% 19.3% 4,302 18.7% 3,910 3,939 16.9% 3,511 1,978 15.3% 1,854 1,682 1,598 830 505 584 738 429 479 661 537 1,075 1,154 1,025 1,100 384 503 599 715 FY 22-23
Slide 35: Sales and Manufacturing Footprint
05 Sales and Manufacturing Footprint ZF confidential
Slide 36: Manufacturing Footprint CVCS India Operations
Internal Manufacturing Footprint CVCS India Operations Satellite Plants to support JIT supplies to Customers Pantnagar (IND) 23.8 Mn Jamshedpur (IND) 63.5 Mn Actuators, Valves, EBAs - Assembly Compressors, Actuators, Valves – sq.m Assembly & Machining sq.m Mahindra (MWC) Available Utilised Available
Slide 37: Thank you. Welcome your questions and feedback.
Thank you. Welcome your questions and feedback.
ZF Commercial Vehicle Control Systems India — Investor Presentation (May 2026) on 6ix