ZF Steering Gear (India) (BOM:505163) Inventories, Work In Process: ₹383 Mil (As of Mar. 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.

BOM:505163 ZF Steering Gear (India) Ltd BOM:505163
64 GF Score
Price ₹668.70
GF Value ₹1,199.93
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is ZF Steering Gear (India) Inventories, Work In Process?

ZF Steering Gear (India) BOM:505163 -0.50% 64 Inventories, Work In Process is ₹383 Mil as of Mar. 2026. GuruFocus rates BOM:505163 with a GF Score™ of 64/100 and a GF Value™ of ₹1,199.93 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. ZF Steering Gear (India)'s work in process for the quarter that ended in Mar. 2026 was ₹383 Mil.

ZF Steering Gear (India) Inventories, Work In Process Historical Data

* Premium members only.

The historical data trend for ZF Steering Gear (India)'s Inventories, Work In Process 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) Inventories, Work In Process Chart

ZF Steering Gear (India) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventories, Work In Process
Get a 7-Day Free Trial Premium Member Only Premium Member Only 251.40 286.10 303.50 304.00 383.10

ZF Steering Gear (India) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventories, Work In Process 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 304.00 0.00 0.00 0.00 383.10
BOM:505163
64GF Score
ZF Steering Gear (India) Ltd BOM:505163
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ZF Steering Gear (India) Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

What does a Inventories, Work In Process of ₹383 Mil mean?
ZF Steering Gear (India) (BOM:505163) has a Inventories, Work In Process of ₹383 Mil as of Mar. 2026. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on ZF Steering Gear (India) and its competitors.
Is ZF Steering Gear (India)'s Inventories, Work In Process too high?
ZF Steering Gear (India)'s current Inventories, Work In Process is ₹383 Mil. Overall, ZF Steering Gear (India) has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ZF Steering Gear (India)'s Inventories, Work In Process compare to ORLY and AZO?
ZF Steering Gear (India)'s Inventories, Work In Process of ₹383 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 Inventories, Work In Process for a Vehicles & Parts company?
A good Inventories, Work In Process depends on the Vehicles & Parts industry context. However, Inventories, Work In Process 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 Inventories, Work In Process mean?
A high Inventories, Work In Process can signal that a stock is expensive relative to its fundamentals. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on ZF Steering Gear (India) and its competitors. ZF Steering Gear (India)'s current Inventories, Work In Process is ₹383 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) (BOM:505163) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,199.93, compared to a current price of ₹668.70 — trading 44.3% below its estimated fair value. The current Inventories, Work In Process is ₹383 Mil. ZF Steering Gear (India)'s overall GF Score™ is 64/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Work In Process calculated?
Inventories, Work In Process is calculated from a company's financial statements. For ZF Steering Gear (India) (BOM:505163), the current Inventories, Work In Process is ₹383 Mil as of Mar. 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) (BOM:505163) Overvalued in 2026?

Based on GuruFocus' analysis, ZF Steering Gear (India) stock appears to be undervalued. The current stock price of ₹668.70 is trading 44.3% below its estimated GF Value™ of ₹1,199.93. GuruFocus considers ZF Steering Gear (India) to be Significantly Undervalued.

Key valuation signals for BOM:505163:

  • Inventories, Work In Process: ₹383 Mil
  • GF Value™: ₹1,199.93 vs. price of ₹668.70 (44.3% below fair value)
  • GF Score™: 64/100 with 1 warning sign

No single metric tells the full story. See the BOM:505163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

ZF Steering Gear (India) Business Description

Other Exchanges ZFSTEERING: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.
64GF Score

Get the complete analysis for BOM:505163

Inventories, Work In Process is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹668.70
Price
₹1,199.93
GF Value