ZF Steering Gear (India) (NSE:ZFSTEERING) Selling, General, & Admin. Expense: ₹761 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:ZFSTEERING ZF Steering Gear (India) Ltd NSE:ZFSTEERING
77 GF Score
Price ₹697.85
GF Value ₹1,280.71
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is ZF Steering Gear (India) Selling, General, & Admin. Expense?

ZF Steering Gear (India) NSE:ZFSTEERING +0.47% 77 Selling, General, & Admin. Expense is ₹761 Mil as of Jun. 2026. GuruFocus rates NSE:ZFSTEERING with a GF Score™ of 77/100 and a GF Value™ of ₹1,280.71 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. ZF Steering Gear (India)'s selling, general, & admin. expense for the three months ended in Jun. 2026 was ₹219 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was ₹761 Mil.


ZF Steering Gear (India)  (NSE:ZFSTEERING) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


ZF Steering Gear (India) Selling, General, & Admin. Expense Related Terms


ZF Steering Gear (India) Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for ZF Steering Gear (India)'s Selling, General, & Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ZF Steering Gear (India) Selling, General, & Admin. Expense Chart

ZF Steering Gear (India) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 178.70 233.20 255.20 277.30 278.90

ZF Steering Gear (India) Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 136.70 162.30 139.70 239.80 219.20

NSE:ZFSTEERING vs ORLY, AZO, GPC: Selling, General, & Admin. Expense Comparison

For the Auto Parts subindustry, ZF Steering Gear (India)'s Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ZF Steering Gear (India) Selling, General, & Admin. Expense vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ZF Steering Gear (India)'s Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where ZF Steering Gear (India)'s Selling, General, & Admin. Expense falls into.


NSE:ZFSTEERING
77GF Score
ZF Steering Gear (India) Ltd NSE:ZFSTEERING
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ZF Steering Gear (India) Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹761 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Selling, General, & Admin. Expense of ₹761 Mil mean?
ZF Steering Gear (India) (NSE:ZFSTEERING) has a Selling, General, & Admin. Expense of ₹761 Mil as of Jun. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on ZF Steering Gear (India) and its competitors.
Is ZF Steering Gear (India)'s Selling, General, & Admin. Expense too high?
ZF Steering Gear (India)'s current Selling, General, & Admin. Expense is ₹761 Mil. Overall, ZF Steering Gear (India) has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ZF Steering Gear (India)'s Selling, General, & Admin. Expense compare to ORLY and AZO?
ZF Steering Gear (India)'s Selling, General, & Admin. Expense of ₹761 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Vehicles & Parts company?
A good Selling, General, & Admin. Expense depends on the Vehicles & Parts industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on ZF Steering Gear (India) and its competitors. ZF Steering Gear (India)'s current Selling, General, & Admin. Expense is ₹761 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZF Steering Gear (India) stock overvalued right now?
Based on GuruFocus' analysis, ZF Steering Gear (India) (NSE:ZFSTEERING) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,280.71, compared to a current price of ₹697.85 — trading 45.5% below its estimated fair value. The current Selling, General, & Admin. Expense is ₹761 Mil. ZF Steering Gear (India)'s overall GF Score™ is 77/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For ZF Steering Gear (India) (NSE:ZFSTEERING), the current Selling, General, & Admin. Expense is ₹761 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ZF Steering Gear (India) (NSE:ZFSTEERING) Overvalued in 2026?

Based on GuruFocus' analysis, ZF Steering Gear (India) stock appears to be undervalued. The current stock price of ₹697.85 is trading 45.5% below its estimated GF Value™ of ₹1,280.71. GuruFocus considers ZF Steering Gear (India) to be Significantly Undervalued.

Key valuation signals for NSE:ZFSTEERING:

  • Selling, General, & Admin. Expense: ₹761 Mil
  • GF Value™: ₹1,280.71 vs. price of ₹697.85 (45.5% below fair value)
  • GF Score™: 77/100 with 1 warning sign

No single metric tells the full story. See the NSE:ZFSTEERING stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ZF Steering Gear (India) Business Description

Other Exchanges 505163:India
Address Gat No. 1242 and 1244, Village Vadu Budruk, Near Koregaon Bhima, Taluka - Shirur, Pune, MH, IND, 412 216
ZF Steering Gear (India) Ltd produces and assembles steering systems for vehicles, buses, and tractors. The segment in which the group operates includes Auto Component and Renewable Energy. The company's product range includes steering systems, vane pumps, pump pulleys, oil reservoirs, steering and pump mounting brackets, steering columns, intermediate shafts, universal joints, bevel gears boxes, and power steering oil dexron II. ZF Steering operates its business activity through the plant located in Vadu Budruk, Pune. The company generates the majority of its revenue from the Auto component, which is engaged in the manufacturing of auto components.
77GF Score

Get the complete analysis for NSE:ZFSTEERING

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹697.85
Price
₹1,280.71
GF Value