- Total income
- ₹12,868 Cr
- Profit
- ₹1,364 Cr

About ZF India Private Limited
Data last updated:
ZF India Private Limited is a foreign private limited company based in Chakan, Maharashtra, India, a subsidiary of Zf Friedrichshafen Ag, Germany. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 13 August 2007 and has been in existence for over 19 years.
ZF India is ranked #65 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2007FTC130569. Its GSTIN is 27AAACZ3052C1ZN (Maharashtra). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹372.76 Cr and a paid-up capital of ₹359.46 Cr. It is led by directors including Akash Passey (Managing Director) and Krishnaswamy Jumbunathan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 38 MIDC Chakan Industrial Area Phase II Village Vasuli Taluka Khed, Maharashtra, India – 410501.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,200.67 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹226.18 Cr (net margin 10.3%) and EBITDA of ₹354.46 Cr (EBITDA margin 16.1%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 25% over five years.
The company has about 3,706 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹36.61 Lakh on record. Court records list 14 cases involving the company, including 6 filed by the company and 8 filed against it; 5 cases are pending. The company has 6 deals on record (4 funding rounds, 2 rights issues), with disclosed funding of ₹206.05 Cr; the latest was in July 2019. The company has 17 MSME Form 1 returns on record between 2019 and 2024, listing 1,062 overdue payments to 143 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zf.com.
Company details
Recognitions & Rankings of ZF India
Contact details
ZF India Private Limited's registered office is in Chakan, Maharashtra. Its website is zf.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 38 MIDC Chakan Industrial Area Phase II Village Vasuli Taluka Khed, Maharashtra, India – 410501
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of ZF India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activities of ZF India are information and communication and manufacturing. In detail, this covers computer programming, consultancy and related activities and electrical equipment, general purpose and special purpose machinery & equipment, transport equipment. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | |
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of ZF India Private Limited, buy the company report.
Financials of ZF India Private Limited
FY 2025 filings availableZF India Private Limited reported revenue of ₹2,200.67 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 7% growth in the latest year. EBITDA fell 34% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹354.46 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹226.18 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.1% | ||||
| Net Profit Margin | 10.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of ZF India Private Limited, buy the company report.
Board of directors of ZF India Private Limited
ZF India has 4 current directors and 29 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahalingam Sundari Ravikumar | Director | 25 Jun 2024 | 2 Years 4 Months | Current |
| Krishnaswamy Jumbunathan | Whole-Time Director | 23 Feb 2021 | 5 Years 8 Months | Current |
| Akash Passey | Managing Director | 01 Oct 2023 | 3 Years 1 Months | Current |
| Corina Laurisch | Director | 08 Jul 2024 | 2 Years 3 Months | Current |
Auditor
ZF India Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W / W-100022 |
Shareholding
The shareholding of ZF India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of ZF India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2003 | 90038402 | Hdfc Bank Limited | ₹36.61 Lakh | Satisfied |
To see the full charge records of ZF India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
ZF India Private Limited has 6 deals on record (4 funding rounds, 2 rights issues), with disclosed funding of ₹206.05 Cr; the latest was in July 2019.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2019 | Rights issue | ₹47.42 Cr | Investors: ZF Friedrichshafen AG |
| Aug 2014 | Rights issue | ₹72.65 Cr | Investors: ZF Friedrichshafen AG |
| Nov 2012 | Funding round | ₹11.19 Cr | Investors: ZF Friedrichshafen AG |
| Jul 2011 | Funding round | ₹109.36 Cr | Investors: ZF Friedrichshafen AG |
| Mar 2010 | Funding round | ₹53.27 Cr | Investors: ZF Friedrichshafen AG |
To see the full deal history of ZF India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
ZF India Private Limited has 14 court cases on record: 6 filed by ZF India, 8 filed against it. 5 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 8 | 2 |
| High courts | 5 | 0 | 3 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Civil suit | Filed against the company by Om Logistics Ltd | Disposed |
| High Court | Court case (COMIP) | Filed by the company against ZF Steering Gear India Limited | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against ZF Steering Gear (India) Limited | Pending |
| District court, Pune, Maharashtra | Commercial suit | Filed against the company by ZF Steering Gear India Limited Through Utkarsh Munot | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against Union of India and 2 others | Pending |
To see the full case history of ZF India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
ZF India Private Limited has 17 MSME Form 1 returns on record between 2019 and 2024, listing 1,062 overdue payments to 143 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 143)
To see the full MSME payment records of ZF India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
ZF India has 2 joint ventures. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
ZF India Private Limited has a workforce of 3,706 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
ZF India has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACZ3052C1ZN | Maharashtra | Active | 01 Jul 2017 |
| 29AAACZ3052C1ZJ | Karnataka | Active | 01 Jul 2017 |
| 36AAACZ3052C1ZO | Telangana | Active | 01 Jul 2017 |
| 33AAACZ3052C1ZU | Tamil Nadu | Active | 18 Apr 2018 |
To see the full GST registrations and return filing status of ZF India Private Limited, buy the company report.
Recent activity
ZF India Private Limited has 32 board changes on record since 2010: 4 appointments and 28 cessations. The latest: Soma Dilip Ghosh ceased to be CFO on 15 Jul 2025.
25 earlier events are in the company report.
Frequently asked questions
ZF India is an active foreign private limited company based in Chakan, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 13 August 2007 (19+ years old) and is registered under CIN U74999PN2007FTC130569.
ZF India has 4 current directors:
- Akash Passey - Managing Director
- Krishnaswamy Jumbunathan - Whole-Time Director
- Mahalingam Sundari Ravikumar - Director
- Corina Laurisch - Director
The latest financial statements of ZF India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of ZF India is 27AAACZ3052C1ZN, registered in Maharashtra. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAACZ3052C1ZJ (Karnataka), 36AAACZ3052C1ZO (Telangana), 33AAACZ3052C1ZU (Tamil Nadu).
The CIN (Corporate Identification Number) of ZF India is U74999PN2007FTC130569. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
ZF India has 14 court cases on record: 6 filed by the company and 8 filed against it. 5 are pending. Most are in the district courts.
ZF India was incorporated on 13 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.
ZF India has 6 deals on record (4 funding rounds, 2 rights issues), with disclosed funding of ₹206.05 Cr; the latest was in July 2019.
Soma Dilip Ghosh ceased to be CFO on 15 Jul 2025. Corina Laurisch ceased to be Additional Director on 20 Aug 2024. Mahalingam Sundari Ravikumar ceased to be Additional Director on 20 Aug 2024. ZF India has 32 board changes on record in total.
ZF India has 17 MSME Form 1 returns on record between 2019 and 2024, listing 1,062 overdue payments to 143 micro and small suppliers. The latest return was filed on 30 Apr 2024.
ZF India can be reached through the website zf.com. Its registered office is in Chakan, Maharashtra, India.

