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Zar Spring Manufacturing Company Public Joint Stock (Iran)

Main Activities: Spring and Wire Product Manufacturing
Full name: Zar Spring Manufacturing Company Public Joint Stock Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

We are happy to have the chance of presenting ZAR Mfg. Co. as the biggest manufacturer of all kinds of Leaf/Parabolic Springs and Grader Blades in Iran and the Middle East.Zar Mfg. Co. established in 1964 under the licence of a German company, "Bruninghaus", and began to manufacture Leaf Springs for all types of cars, buses, trucks , vans, and train wagons.
Through some development procedures the company has been able to raise its annual capacity to 20000 tonnes for the time being, and a personnel of 450 are doing their best to fulfill all policies of the company.The most modern German machinery, experienced staff, high technology of productionand quality control,and best raw material all go hand in hand to make field both ZAR a leading name in this at home and in the Middle East.
Now having the "ISO 9002"certificate from the German TUV company and meeting all international high standards, we are manufacturing Multi Leaf/Parabolic Springs, Grader Blades, Stabilizer Bars and Torsion Bars. We are number one supplier of MERCEDES, VOLVO, TOYOTA, RENAULT, LAND ROVER, IVECO, MAZDA, NISSAN, BPW,INTERNATIONAL & CALABRESE for automotive industries and spare parts retail outlets in Iran.
Besides, we have the honour of supplying many a customer in Germany,Greece,Poland,Bulgaria,England,Turkey,Saudi Arabia, U.A.E, Lebanon, , Syria, Oman, Kuwait, Jordan, etc.Offering high quality and competitive prices, and accurately meeting all delivery dates, we really wish to satisfy our customers throughout the world and sustain our position in our field.Through some plans, in near future, we are inclined to raise the capacity as well as the variety of production.We have a very inclusive range of activity, and manufacture according to original drawings.
We manufacture Stabilizer Bars for all kinds of cars as well as Torsion Bars. More ever,all preliminaries have been done to install a new line to produce Coil Springs.ZAR Mfg. Co. is always at your disposal. For further information please don't hesitate to contact us.

Headquarters
Km15, Karaj Old Road
Tehran; Tehran; Postal Code: 1386183711

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Website: http://www.zarspring.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1964
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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44.8%
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8.8%
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8.3%
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0.9%
Subsidiaries
Golpayegan Spring Manufacturing Private Joint Stock Company
Zar Sistan Spring Manufacturing Private Joint Stock Company
Company Performance
Financial values in the chart are available after Zar Spring Manufacturing Company Public Joint Stock report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency IRR. Absolute financial data is included in the purchased report.
Net sales revenue
123.49%
Total operating revenue
123.49%
Operating profit (EBIT)
30.91%
EBITDA
35.65%
Net Profit (Loss) for the Period
109.89%
Total assets
39.53%
Total equity
51.77%
Operating Profit Margin (ROS)
-9.92%
Net Profit Margin
-1.14%
Return on Equity (ROE)
6.78%
Debt to Equity Ratio
-5.24%
Quick Ratio
0.66%
Cash Ratio
0.16%

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